Notice of 30 days for sale of immovable/movable secured assets under Rule 8(5) of the Security Interest (Enforcement) Rules, PDF Free Download

By Regd Post & Courier Mr.N.Sundarbabu, S/o. Mr.S.Narasimhan, Mrs. S.Sinduja, W/o.Mr.Sundarbabu, Dear Sir/Madam, Notice of 30 days for sale of immovable/movable secured assets under Rule 8(5) of the Security Interest (Enforcement) Rules, 2002. 1.Corporation Bank, Chennai T.Nagar Branch, the secured creditor, caused a demand notice dated 10/01/2014 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act,2002, calling upon you to pay the dues within the time stipulated therein. Since you failed to comply with the said notice within the period stipulated, the Authorised Officer, have taken possession of the immovable secured assets under Section 13(4) of the Act read with Rule 8 of Security Interest (Enforcement) Rules, 2002. Possession notice dated 12/04/2014 issued by the Authorised Officer, as per appendix IV to the Security Interest (Enforcement)) Rules, 2002 was delivered to you and the same was also affixed to the properties mortgaged with the Secured Creditor, apart from publication of the same in newspapers. 2. As you have failed to clear the dues of the secured creditor, the movable/immovable secured assets that have been taken possession of by the Authorised officer, will be sold by inviting tenders cum public auction from the public on 08.12.2016 between 02.30 PM to 03.30 PM through online on www.bankeauctions.com 3. You are also requested to ensure participation by parties interested in buying the movable/immovable secured assets in the sale as proposed above. 4. A copy of the terms of sale is enclosed for your reference. Please note the tenders received will be opened by the undersigned at the place and time mentioned in the enclosed terms of sale. Yours faithfully Place: Chennai Date : 28.10.2016 AUTHORISED OFFICER CORPORATION BANK Encl: Terms of sale

TERMS AND CONDITIONS OF SALE OF IMMOVABLE/MOVABLE SECURED ASSETS: 1. Name and address of the Borrower/ Co obligant/guarantor Mr.N.Sundarbabu, S/o. Mr.S.Narasimhan, 2. Name and address of the Secured Creditor : Mrs. S.Sinduja, W/o.Mr.Sundarbabu, CORPORATION BANK, No.41, Venkata Narayana Road, Phone: 044-24348635 3. Description of immovable secured assets to be Sold: ALL THAT PIECE AND PARCEL OF FLAT bearing No. B measuring 1076 Sq.ft. built up area (inclusive of common built up area) constructed in the fourth floor together with 560.69 Sq.ft. undivided share of land out of 66.38% undivided share in 2329.70 Sq.Mtr. along with one covered car park, comprised in S.No.390/2B1 (as per Patta S.No.390/2B1B), Old No.127, New No.40 of Medavakkam Village, Tambaram Taluk, Kancheepuram District and entire land being bounded on the North by - Velacherry-Tambaram Road, S.No.390/2A and Part of S.No.390/2B1B South by - Poramboke land in S.No.391 East by - Land in S.No.390/2B1A West by - Land belonging to T.Jayalakshmi Ammal and Surendra Bijoy Nath in S.No.390/1B1 Situated within the Registration District of Chennai South and Sub Registration District of Joint-I Saidapet. 4. The details of encumbrances, if any known to the Secured Creditor 5. Last date for submission of EMD & e-bid Form: Nil On or before 07.12.2016 before 5.00 PM 6. Date & Time of auction 08.12.2016 02.30 PM to 03.30 PM (with 5 minutes unlimited auto extensions) E.auction website www.bankeauctions.com Increment value Rs. 25,000/-

7.The secured debt for the recovery of which the movable/immovable secured asset is to be sold: 8.Reserve price for the properties below which the movable/immovable property may not be sold: Rs. 31 85 479/- with further interest to be charged from 01.04.2014 plus cost & expenses Rs. 48 00 000.00 (Rupees Forty eight Lakhs only) 9. The intending tenderer / bidder shall deposit with the Authorised Officer an amount equivalent to 10% of reserve price by way of Earnest Money Deposit in the account of Authorised Officer, Corporation Bank, Chennai T. Nagar, by Demand Draft or NEFT/RTGS to account No 049100101013210 and IFSC Code- CORP0000491 at the same time bidder has to submit the e-bid form available on M/s C1 India Pvt.Ltd, website (www.bankeauctions.com) before the date and time mentioned above and shall obtain written receipt thereof from the branch/authorised Officer. 9( a). Full name and address of the tenderer / bidder with their identity proof and PAN card has to be furnished to the Authorised Officer while filling up the e-bid form on M/s C1 India Pvt.Ltd, website (www.bankeauctions.com) 10. For any clarifications regarding E-Auctions Bidder can contact M/s C1 India Pvt.Ltd, through Tel: 0124-4302000/9840446485, e mail: Shrinatth.narasimhaan@c1india.com / Support@bankeauctions.com Name of the Contact Person : Mr.K.N.Shrinatth Mob:9840446485 11. Bank, the Secured Creditor, reserves the right to accept / reject the highest bid of auction / without assigning any reason thereof or to cancel the sale by calling bids from public. 12. In the case of auction, further bid shall not be less than Rs. 25,000 in excess of highest bid amount or the immediate preceding bid, as the case may be. with multiple increment value of Rs. 25,000/- 13. The sale will be confirmed in favour of the highest tenderer / bidder and the confirmation of sale shall be subject to the confirmation by the Secured Creditor. 14. The successful tenderer / bidder so declared by the Authorised Officer shall then and there tender 25% of the amount of sale price in Cash/DD, less the sum tendered/ bid by way of EMD, with the Authorised Officer conducting the sale and the balance amount of purchase price shall be paid to the authorized Officer before 15th day of confirmation of sale by the Secured Creditor or such extended period as may be mutually agreed upon between the parties. 15. In default of payment of balance amount of purchase price before 15 days from the date of confirmation of sale by the Secured Creditor or such extended period as may be mutually agreed upon between the parties, the deposit of 25% of the amount of sale price made shall be forfeited and the property shall forthwith be sold again and the defaulting

purchaser shall forfeit all claim to the property or to any part of the sum for which it may be subsequently sold. 16. On confirmation of sale by the secured creditor and if the terms of payment have been complied with by the successful tenderer / bidder, the Authorised Officer shall issue a certificate of sale of movable/immovable property in favour of the purchaser in Appendix-V to the Security Interest (Enforcement) Rules, 2002. 17. The Authorised Officer may, where the property sold is subject to any encumbrances, if he thinks fit, allow the purchaser to deposit with him the money required to discharge the encumbrances and any interest due thereon together with such additional amount that may be sufficient to meet the contingencies or further costs, expenses and interest as may be determined by him. 18. On such deposit of money for discharge of encumbrances, the Authorised officer may issue or cause the purchaser to issue the notices to the persons interested in or entitled to the money deposited with him and take steps to make the payment accordingly 19. Legal charges for conveyance, stamp duty and registration charges as applicable will be borne by the successful purchaser 20. The Authorised Officer will deliver the property to the purchaser (free from encumbrances, known to the Secured Creditor) on deposit of money by the purchaser towards the discharge of such encumbrances. 21. The certificate of sale will be issued specifically mentioning whether the purchaser has purchased the immovable/movable secured assets free from any encumbrances known to the secured creditor or not. 22. Bidding shall be given in respect of immovable property. 23. The unsuccessful tenderers who have deposited EMD shall be entitled to have the same refunded without any interest immediately after the confirmation of sale by the Authorised Officer. 24. If the Borrower were to pay to the Authorised Officer the entire amount due, with the up-todate expenses including the expenses in taking possession and conducting the sale, to the secured creditor before e-auction, the sale by tender cum public auction may be cancelled by the Authorised Officer. 25. The above movable/immovable secured assets will be sold in As is where is and What is there is condition. 26. The intending tenderers may, if they choose, after taking prior appointment from the Authorised Officer, inspect the immovable/movable secured assets to be sold before the date fixed for submission of tender. 27. The entire sale consideration shall be exclusively available for appropriation towards dues to the Bank and it is exclusive of encumbrances of all statutory dues and other dues if any, all of which have to be paid / settled by the proposed purchaser out of his own sources. Date: 28.10.2016 Place:Chennai AUTHORISED OFFICER CORPORATION BANK

CORPORATION BANK (A Premier Public Sector Bank) AUCTION SALE OF IMMOVABLE/MOVABLE ASSETS UNDER RULE 8(5) OF THE SECURITY INTEREST (ENFORCEMENT) RULES, 2002 AUCTION APPLICATION FORM 1 Name of the Bidder (s) (in capitals) 2 Father s/husband s Name 3 Date of Birth & Age 4 Postal Address of Bidders (proof to be enclosed) 5 Phone Nos. Landline Mobile 6 E-Mail ID of Bidder/Participant 7 Bank account details to which EMD amount is to be refunded: Type of Account Saving/Current/CC Name of A/c Holder Bank A/c No IFSC Code No Bank & Branch Name

8 USER ID allotted by Service Provider 9 Date of submission of Auction Application (on line) 10 PAN Number of Bidder (copy to be enclosed) 11 EMD remittance details: Date of remittance Name of Bank & Branch Account No. IFSC Code No. DECLARATION I, S/o Sri., aged about years, r/o do hereby express my interest for participating in e-auction being conducted by Corporation Bank, Chennai T.Nagar for purchase of the property and declare that I have read, understood and agree to all the terms and condtions of e-auction sale and shall abide by them. In the event, I am not being declared as successful bidder in the e-auction, the EMD amount paid by me may be credited to my Bank Account furnished herein above. (Signature of the Bidder/s) Note: 1. In case of multiple bidders, the details shall be given in a tabular form on a separate sheet. 2. Hard (printed) copy of Auction Application Form duly filled in shall be submitted to Corporation Bank, Chennai T. Nagar by 07.12.2016, before 5.00 PM for getting qualified to participate in the e-auction.

TERMS AND CONDITIONS OF SALE OF IMMOVABLE/MOVABLE SECURED ASSETS: 1. Name and address of the Borrower/ Co obligant/guarantor Mr.N.Sundarbabu, S/o. Mr.S.Narasimhan, 2. Name and address of the Secured Creditor : Mrs. S.Sinduja, W/o.Mr.Sundarbabu, CORPORATION BANK, No.41, Venkata Narayana Road, Phone: 044-24348635 3. Description of immovable secured assets to be Sold: ALL THAT PIECE AND PARCEL OF FLAT bearing No. A measuring 1076 Sq.ft. built up area (inclusive of common built up area) constructed in the fourth floor together with 560.69 Sq.ft. undivided share of land out of 66.38% undivided share in 2329.70 Sq.Mtr. along with one covered car park, comprised in S.No.390/2B1 (as per Patta S.No.390/2B1B), Old No.127, New No.40 of Medavakkam Village, Tambaram Taluk, Kancheepuram District and entire land being bounded on the North by - Velacherry-Tambaram Road, S.No.390/2A and Part of S.No.390/2B1B South by - Poramboke land in S.No.391 East by - Land in S.No.390/2B1A West by - Land belonging to T.Jayalakshmi Ammal and Surendra Bijoy Nath in S.No.390/1B1 Situated within the Registration District of Chennai South and Sub Registration District of Joint-I Saidapet. 4. The details of encumbrances, if any Nil known to the Secured Creditor 5. Last date for submission of EMD & e-bid Form: On or before 07.12.2016 before 5.00 PM 6. Date & Time of auction 08.12.2016 02.30 PM to 03.30 PM (with 5 minutes unlimited auto extensions) E.auction website www.bankeauctions.com Increment value Rs. 25,000/-

7.The secured debt for the recovery of which the movable/immovable secured asset is to be sold: 8.Reserve price for the properties below which the movable/immovable property may not be sold: Rs. 32 15 576/- with further interest to be charged from 01.04.2014 plus cost & expenses Rs. 48 00 000.00 (Rupees Forty eight Lakhs only) 9. The intending tenderer / bidder shall deposit with the Authorised Officer an amount equivalent to 10% of reserve price by way of Earnest Money Deposit in the account of Authorised Officer, Corporation Bank, Chennai T. Nagar, by Demand Draft or NEFT/RTGS to account No049100101013210 and IFSC Code-CORP0000491 at the same time bidder has to submit the e-bid form available on M/s C1 India Pvt.Ltd, website (www.bankeauctions.com) before the date and time mentioned above and shall obtain written receipt thereof from the branch/authorised Officer. 9( a). Full name and address of the tenderer / bidder with their identity proof and PAN card has to be furnished to the Authorised Officer while filling up the e-bid form on M/s C1 India Pvt.Ltd, website (www.bankeauctions.com) 10. For any clarifications regarding E-Auctions Bidder can contact M/s C1 India Pvt.Ltd, through Tel: 0124-4302000/9840446485, e mail: Shrinatth.narasimhaan@c1india.com / Support@bankeauctions.com Name of the Contact Person : Mr.K.N.Shrinatth Mob:9840446485 11. Bank, the Secured Creditor, reserves the right to accept / reject the highest bid of auction / without assigning any reason thereof or to cancel the sale by calling bids from public. 12. In the case of auction, further bid shall not be less than Rs. 25,000 in excess of highest bid amount or the immediate preceding bid, as the case may be. with multiple increment value of Rs. 25,000/- 13. The sale will be confirmed in favour of the highest tenderer / bidder and the confirmation of sale shall be subject to the confirmation by the Secured Creditor. 14. The successful tenderer / bidder so declared by the Authorised Officer shall then and there tender 25% of the amount of sale price in Cash/DD, less the sum tendered/ bid by way of EMD, with the Authorised Officer conducting the sale and the balance amount of purchase price shall be paid to the authorized Officer before 15th day of confirmation of sale by the Secured Creditor or such extended period as may be mutually agreed upon between the parties. 15. In default of payment of balance amount of purchase price before 15 days from the date of confirmation of sale by the Secured Creditor or such extended period as may be mutually agreed upon between the parties, the deposit of 25% of the amount of sale price made shall be forfeited and the property shall forthwith be sold again and the defaulting

By Regd Post & Courier Mr.N.Sundarbabu, S/o. Mr.S.Narasimhan, Mrs. S.Sinduja, W/o.Mr.Sundarbabu, Dear Sir/Madam, Notice of 30 days for sale of immovable/movable secured assets under Rule 8(5) of the Security Interest (Enforcement) Rules, 2002. 1.Corporation Bank, Chennai T.Nagar Branch, the secured creditor, caused a demand notice dated 10/01/2014 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act,2002, calling upon you to pay the dues within the time stipulated therein. Since you failed to comply with the said notice within the period stipulated, the Authorised Officer, have taken possession of the immovable secured assets under Section 13(4) of the Act read with Rule 8 of Security Interest (Enforcement) Rules, 2002. Possession notice dated 14/11/2014 issued by the Authorised Officer, as per appendix IV to the Security Interest (Enforcement)) Rules, 2002 was delivered to you and the same was also affixed to the properties mortgaged with the Secured Creditor, apart from publication of the same in newspapers. 2. As you have failed to clear the dues of the secured creditor, the movable/immovable secured assets that have been taken possession of by the Authorised officer, will be sold by inviting tenders cum public auction from the public on 08.12.2016 between 02.30 PM to 03.30 PM through online on www.bankeauctions.com 3. You are also requested to ensure participation by parties interested in buying the movable/immovable secured assets in the sale as proposed above. 4. A copy of the terms of sale is enclosed for your reference. Please note the tenders received will be opened by the undersigned at the place and time mentioned in the enclosed terms of sale. Yours faithfully Place: Chennai Date : 28.10.2016 Encl: Terms of sale AUTHORISED OFFICER CORPORATION BANK

TERMS AND CONDITIONS OF SALE OF IMMOVABLE/MOVABLE SECURED ASSETS: 1. Name and address of the Borrower/ Co obligant/guarantor Mr.N.Sundarbabu, S/o. Mr.S.Narasimhan, 2. Name and address of the Secured Creditor : Mrs. S.Sinduja, W/o.Mr.Sundarbabu, CORPORATION BANK, No.41, Venkata Narayana Road, Phone: 044-24348635 3. Description of immovable secured assets to be Sold: Schedule:A All that piece and parcel of property situated at Uppilipalayam Village, Coimabatore South Taluk, Coimbatore, comprised in Survey No. 145 and 146/2 ( vide DTCP Approval No. 62/2007, Coimbatore Corporation, Building license No. 184/07/H1/CE dated 28.03.2007) measuring of anextent of 6 acres 94.5 cents (out of 8 acres 95 cents comprising 2 acres 60 cents in S.No. 145,4 acres 26 cents in S.No.146/2 and 2 acres (out of 4 acres 68 cents ) in S.No.144/2 part), Masakalipalayam Road bounded as follows: North by : S.No.144 & 146 part South by : S.No. 218,219 & Masakalipalayam Road East by : Masakalipalayam Road West by : Vari Situated within the Sub Registration District of Singanallur and Registration District of Coimbatore. SCHEDULE B: ( property for development after deduction of OSR ) All that piece and parcel of property being land situated at Uppilipalayam Village, Coimbatore, South Taluk, Coimbatore comprised in Survey no. 145 & 146/2 admeasuring about 113 grounds and 1000 sq.ft SCHEDULE C: An undivided share of 998 sq.ft of land or 92.71 S.M in the Schedule B mentioned land. SCHEDULE D Flat bearing No.21 on the 2 nd floor in Block A-2 having a super built up area of 1475 sq.ft, or thereabouts and forming southern part of the building named as TVH Ekanta. 4. The details of encumbrances, if any Nil known to the Secured Creditor

5. Last date for submission of EMD & e-bid Form: On or before 07.12.2016 before 5.00 PM 6. Date & Time of auction 08.12.2016 02.30 PM to 03.30 PM (with 5 minutes unlimited auto extensions) E.auction website www.bankeauctions.com Increment value Rs. 25,000/- 7.The secured debt for the recovery of which the movable/immovable secured asset is to be sold: 8.Reserve price for the properties below which the movable/immovable property may not be sold: Rs. 49 47 990/- with further interest to be charged from 01.11.2014 plus cost & expenses Rs. 60 28 000.00 (Rupees Sixty Lakhs and twenty eight thousand only) 9. The intending tenderer / bidder shall deposit with the Authorised Officer an amount equivalent to 10% of reserve price by way of Earnest Money Deposit in the account of Authorised Officer, Corporation Bank, Chennai T. Nagar, by Demand Draft or NEFT/RTGS to account No 049100101013210 and IFSC Code-CORP0000491 at the same time bidder has to submit the e-bid form available on M/s C1 India Pvt.Ltd, website (www.bankeauctions.com) before the date and time mentioned above and shall obtain written receipt thereof from the branch/authorised Officer. 9( a). Full name and address of the tenderer / bidder with their identity proof and PAN card has to be furnished to the Authorised Officer while filling up the e-bid form on M/s C1 India Pvt.Ltd, website (www.bankeauctions.com) 10. For any clarifications regarding E-Auctions Bidder can contact M/s C1 India Pvt.Ltd, through Tel: 0124-4302000/9840446485, e mail: Shrinatth.narasimhaan@c1india.com / Support@bankeauctions.com Name of the Contact Person : Mr.K.N.Shrinatth Mob:9840446485 11. Bank, the Secured Creditor, reserves the right to accept / reject the highest bid of auction / without assigning any reason thereof or to cancel the sale by calling bids from public. 12. In the case of auction, further bid shall not be less than Rs. 25,000 in excess of highest bid amount or the immediate preceding bid, as the case may be. with multiple increment value of Rs. 25,000/- 13. The sale will be confirmed in favour of the highest tenderer / bidder and the confirmation of sale shall be subject to the confirmation by the Secured Creditor. 14. The successful tenderer / bidder so declared by the Authorised Officer shall then and there tender 25% of the amount of sale price in Cash/DD, less the sum tendered/ bid by way of EMD, with the

Authorised Officer conducting the sale and the balance amount of purchase price shall be paid to the authorized Officer before 15th day of confirmation of sale by the Secured Creditor or such extended period as may be mutually agreed upon between the parties. 15. In default of payment of balance amount of purchase price before 15 days from the date of confirmation of sale by the Secured Creditor or such extended period as may be mutually agreed upon between the parties, the deposit of 25% of the amount of sale price made shall be forfeited and the property shall forthwith be sold again and the defaulting purchaser shall forfeit all claim to the property or to any part of the sum for which it may be subsequently sold. 16. On confirmation of sale by the secured creditor and if the terms of payment have been complied with by the successful tenderer / bidder, the Authorised Officer shall issue a certificate of sale of movable/immovable property in favour of the purchaser in Appendix-V to the Security Interest (Enforcement) Rules, 2002. 17. The Authorised Officer may, where the property sold is subject to any encumbrances, if he thinks fit, allow the purchaser to deposit with him the money required to discharge the encumbrances and any interest due thereon together with such additional amount that may be sufficient to meet the contingencies or further costs, expenses and interest as may be determined by him. 18. On such deposit of money for discharge of encumbrances, the Authorised officer may issue or cause the purchaser to issue the notices to the persons interested in or entitled to the money deposited with him and take steps to make the payment accordingly 19. Legal charges for conveyance, stamp duty and registration charges as applicable will be borne by the successful purchaser 20. The Authorised Officer will deliver the property to the purchaser (free from encumbrances, known to the Secured Creditor) on deposit of money by the purchaser towards the discharge of such encumbrances. 21. The certificate of sale will be issued specifically mentioning whether the purchaser has purchased the immovable/movable secured assets free from any encumbrances known to the secured creditor or not. 22. Bidding shall be given in respect of immovable property. 23. The unsuccessful tenderers who have deposited EMD shall be entitled to have the same refunded without any interest immediately after the confirmation of sale by the Authorised Officer. 24. If the Borrower were to pay to the Authorised Officer the entire amount due, with the up-to-date expenses including the expenses in taking possession and conducting the sale, to the secured creditor before e-auction, the sale by tender cum public auction may be cancelled by the Authorised Officer. 25. The above movable/immovable secured assets will be sold in As is where is and What is there is condition. 26. The intending tenderers may, if they choose, after taking prior appointment from the Authorised Officer, inspect the immovable/movable secured assets to be sold before the date fixed for submission of tender. 27. The entire sale consideration shall be exclusively available for appropriation towards dues to the Bank and it is exclusive of encumbrances of all statutory dues and other dues if any, all of which have to be paid / settled by the proposed purchaser out of his own sources. Date: 28.10.2016 Place:Chennai AUTHORISED OFFICER CORPORATION BANK

By Regd Post & Courier 1.M/s.Sri Lalith Subha Manufacturing Private Ltd. Factory at S.F.No. 687/3B2, Kuppanur Village, D.No. 522 of Kuniyur ( Kaikatti Area ) Annur Village, Coimbatore District. Represented by its partners: 1. Mr.N.Sundarbabu 2. Mrs. S.Sinduja 2.Mr.N.Sundarbabu, S/o. Mr.S.Narasimhan, T.Nagar, Chennai 600 017. 3.Mrs. S.Sinduja, W/o.Mr.Sundarbabu, T.Nagar, Chennai 600 017. Dear Sir/Madam, Notice of 30 days for sale of immovable/movable secured assets under Rule 8(5) of the Security Interest (Enforcement) Rules, 2002. 1.Corporation Bank, Chennai T.Nagar Branch, the secured creditor, caused a demand notice dated 07/01/2014 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act,2002, calling upon you to pay the dues within the time stipulated therein. Since you failed to comply with the said notice within the period stipulated, the Authorised Officer, have taken possession of the immovable secured assets under Section 13(4) of the Act read with Rule 8 of Security Interest (Enforcement) Rules, 2002. Possession notice dated 14/11/2014 issued by the Authorised Officer, as per appendix IV to the Security Interest (Enforcement)) Rules, 2002 was delivered to you and the same was also affixed to the properties mortgaged with the Secured Creditor, apart from publication of the same in newspapers.

2. As you have failed to clear the dues of the secured creditor, the movable/immovable secured assets that have been taken possession of by the Authorised officer, will be sold by inviting tenders cum public auction from the public on 08.12.2016 between 02.30 PM to 03.30 PM through online on www.bankeauctions.com 3. You are also requested to ensure participation by parties interested in buying the movable/immovable secured assets in the sale as proposed above. 4. A copy of the terms of sale is enclosed for your reference. Please note the tenders received will be opened by the undersigned at the place and time mentioned in the enclosed terms of sale. Yours faithfully Place: Chennai Date : 28.10.2016 AUTHORISED OFFICER CORPORATION BANK Encl: Terms of sale

TERMS AND CONDITIONS OF SALE OF IMMOVABLE/MOVABLE SECURED ASSETS: 1. Name and address of the Borrower/ Co obligant/guarantor 1.M/s.Sri Lalith Subha Manufacturing Private Ltd. Factory at S.F.No. 687/3B2, Kuppanur Village, D.No. 522 of Kuniyur ( Kaikatti Area ) Annur Village, Coimbatore District. Represented by its partners: 1. Mr.N.Sundarbabu 2. Mrs. S.Sinduja 2. Name and address of the Secured Creditor : 2.Mr.N.Sundarbabu, S/o. Mr.S.Narasimhan, T.Nagar, Chennai 600 017. 3.Mrs. S.Sinduja, W/o.Mr.Sundarbabu, T.Nagar, Chennai 600 017. CORPORATION BANK, No.41, Venkata Narayana Road, Phone: 044-24348635 3. Description of immovable secured assets to be Sold: In Coimbatore registration district, Annur Sub Registration district, Coimbatore North Taluk, Kuppanur Village, S F NO 687/3B P.A. 12.50 in this on the eastern half Ac.6.25 in this: South of : East West Road North of : The lands in S F NO 687/3C East of : The lands in S F NO 687/3B1 West of : The lands in S F NO 687/3C2A Within this an extent of Ac. 4.75[ Hec.1.92.5] acres of land. The said lands now sub divided as S F NO 687/3B2 Punja Hec. 1.92.5 Ac 4.75 acres of land and one well,, one borewell and 5 HP EMP Set Motor Pumpset, electricity service connection and its deposits, 42 numbers of Coconut trees and agricultural shed with an extent of 20 X 40 =800 and 10 X 10=100 sq.ft total 900 sq.ft [83.61 sq.mt] of cement shed and Mangalore tiled house, Door No. 522, SC No.s 415 152-004-776 and its deposits and having right to use the East West Road. The property includes the (factory premises) super structure of approximately 70000 sq.ft (as per our term loan agreement).

4. The details of encumbrances, if any known to the Secured Creditor 5. Last date for submission of EMD & e-bid Form: Nil On or before 07.12.2016 before 5.00 PM 6. Date & Time of auction 08.12.2016 02.30 PM to 03.30 PM (with 5 minutes unlimited auto extensions) E.auction website www.bankeauctions.com Increment value Rs. 50,000/- 7.The secured debt for the recovery of which the movable/immovable secured asset is to be sold: 8.Reserve price for the properties below which the movable/immovable property may not be sold: Rs. 792 91 484.00 with further interest to be charged from 01.11.2014 plus cost & expenses Rs. 544.69 Lakhs (Rupees Forty eight Lakhs only) 9. The intending tenderer / bidder shall deposit with the Authorised Officer an amount equivalent to 10% of reserve price by way of Earnest Money Deposit in the account of Authorised Officer, Corporation Bank, Chennai T. Nagar, by Demand Draft or NEFT/RTGS to account No 049100101013210 and IFSC Code- CORP0000491 at the same time bidder has to submit the e-bid form available on M/s C1 India Pvt.Ltd, website (www.bankeauctions.com) before the date and time mentioned above and shall obtain written receipt thereof from the branch/authorised Officer. 9( a). Full name and address of the tenderer / bidder with their identity proof and PAN card has to be furnished to the Authorised Officer while filling up the e-bid form on M/s C1 India Pvt.Ltd, website (www.bankeauctions.com) 10. For any clarifications regarding E-Auctions Bidder can contact M/s C1 India Pvt.Ltd, through Tel: 0124-4302000/9840446485, e mail: Shrinatth.narasimhaan@c1india.com / Support@bankeauctions.com Name of the Contact Person : Mr.K.N.Shrinatth Mob:9840446485 11. Bank, the Secured Creditor, reserves the right to accept / reject the highest bid of auction / without assigning any reason thereof or to cancel the sale by calling bids from public. 12. In the case of auction, further bid shall not be less than Rs. 25,000 in excess of highest bid amount or the immediate preceding bid, as the case may be. with multiple increment value of Rs. 50,000/-

13. The sale will be confirmed in favour of the highest tenderer / bidder and the confirmation of sale shall be subject to the confirmation by the Secured Creditor. 14. The successful tenderer / bidder so declared by the Authorised Officer shall then and there tender 25% of the amount of sale price in Cash/DD, less the sum tendered/ bid by way of EMD, with the Authorised Officer conducting the sale and the balance amount of purchase price shall be paid to the authorized Officer before 15th day of confirmation of sale by the Secured Creditor or such extended period as may be mutually agreed upon between the parties. 15. In default of payment of balance amount of purchase price before 15 days from the date of confirmation of sale by the Secured Creditor or such extended period as may be mutually agreed upon between the parties, the deposit of 25% of the amount of sale price made shall be forfeited and the property shall forthwith be sold again and the defaulting purchaser shall forfeit all claim to the property or to any part of the sum for which it may be subsequently sold. 16. On confirmation of sale by the secured creditor and if the terms of payment have been complied with by the successful tenderer / bidder, the Authorised Officer shall issue a certificate of sale of movable/immovable property in favour of the purchaser in Appendix-V to the Security Interest (Enforcement) Rules, 2002. 17. The Authorised Officer may, where the property sold is subject to any encumbrances, if he thinks fit, allow the purchaser to deposit with him the money required to discharge the encumbrances and any interest due thereon together with such additional amount that may be sufficient to meet the contingencies or further costs, expenses and interest as may be determined by him. 18. On such deposit of money for discharge of encumbrances, the Authorised officer may issue or cause the purchaser to issue the notices to the persons interested in or entitled to the money deposited with him and take steps to make the payment accordingly 19. Legal charges for conveyance, stamp duty and registration charges as applicable will be borne by the successful purchaser 20. The Authorised Officer will deliver the property to the purchaser (free from encumbrances, known to the Secured Creditor) on deposit of money by the purchaser towards the discharge of such encumbrances. 21. The certificate of sale will be issued specifically mentioning whether the purchaser has purchased the immovable/movable secured assets free from any encumbrances known to the secured creditor or not. 22. Bidding shall be given in respect of immovable property. 23. The unsuccessful tenderers who have deposited EMD shall be entitled to have the same refunded without any interest immediately after the confirmation of sale by the Authorised Officer. 24. If the Borrower were to pay to the Authorised Officer the entire amount due, with the up-todate expenses including the expenses in taking possession and conducting the sale, to the secured creditor before e-auction, the sale by tender cum public auction may be cancelled by the Authorised Officer.

25. The above movable/immovable secured assets will be sold in As is where is and What is there is condition. 26. The intending tenderers may, if they choose, after taking prior appointment from the Authorised Officer, inspect the immovable/movable secured assets to be sold before the date fixed for submission of tender. 27. The entire sale consideration shall be exclusively available for appropriation towards dues to the Bank and it is exclusive of encumbrances of all statutory dues and other dues if any, all of which have to be paid / settled by the proposed purchaser out of his own sources. Date: 28.10.2016 Place:Chennai AUTHORISED OFFICER CORPORATION BANK