Good people to bank with क ष त र य क य ऱय, एऱ. आई. स., इनव स टम ट बबल ड ग, फ ज-3, त त य तऱ, ज वन ब म म ग, प डर, र यप र-492001 Regional Office, LIC, Investment Building, Phase-III, 3 rd Floor, Jivan Bima Marg, Pandri, Raipur 492001 ----------------------------------------------------------------------------------------------------------------------- Auction Sale Notice for Sale of Immovable Assets under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act,2002 read with proviso to Rule 8(6) of the Security Interest (Enforcement) Rule,2002 Notice is hereby given to the public in general and in particular to the Borrower (s) and Guarantor(s) that the below described immovable Property mortgaged/ charged to the Secured Creditor, the Constructive possession of which has been taken by the Authorised Officer of Union Bank of India, will be sold on As is where is As is what is, and whatever there is on 06.02.2018 for recovery of Rs.18,69,788.38 (Rupees Eighteen Lakh Sixty Nine Thousand Seven Hundred Eighty Eight and Paise Thirty Eight only) + interest + legal & other expenses due to the Secured Creditor from 1-Shri Gopalan Jaimon,2- Smt.Divya Jaimon and 3- Shri Krishna Nath. The Reserve Price will be Rs.13.17 lakh and the earnest mony deposit will be Rs.1.35 lakh Description of the properties Land & Shed situated at Kh.No.455/43,PH No.115/55,Gram Banarsi,Ward No.12,Tah./Dist.Raipur (C.G.) admesuring an area of 3,570 Sq.fts.(property in the name of Shri Gopalan Jaimon) for detailed terms and conditions of the sale,please refer to the link provided in Union Bank of India website i.e. www.unionbankofindia.com Date: 02.01.2019 Place-Raipur Authorised Officer For Union Bank of India
Regional Office LIC Building,Pandri,Raipur (C.G.),PIN-492004 TERMS & CONDITIONS OF AUCTION SALE 1. The Property is being sold on AS IS WHERE IS, WHATEVER THERE & WITHOUT RECOURSE BASIS. As such sale is without any kind of warranties & indemnities. 2. Particulars of the property / assets (viz. extent & measurements specified in the - Auction Sale Notice has been stated to the best of information of the Bank and Bank shall not be answerable for any error, misstatement or omission. Actual extant & dimensions may differ. 3. Sale Notice issued by the Bank is an invitation to the general public to submit their bids and the same does not constitute and will not be deemed to constitute any commitment or any representation on the part of the Bank. Interested bidders are advised to peruse the copies of title deeds with the bank and to conduct own independent enquiries /due diligence about the title & present condition of the property / assets and claims / dues affecting the property before submission of bid/s. 4. Auction/bidding shall be conducted at Union Bank of India,Deopuri Branch,Raipur (C.G.) at 11.00 AM on dated 06.02.2019 5. For details, help, procedure of bidding /auction prospective bidders may contact Shri Mrutunjay Kumar,Authorised Officer,Union Bank of India,RO- Raipur,Mob.No.8849267437 or Shri Rinku Gupta,Branch Manager,Union Bank of India,Deopuri Branch,Raipur,Mob.No.9572615265. 6. For participating in auction, intending bidders have to deposit a refundable EMD of 10% of reserve price by way of RTGS/NEFT/Funds Transfer to the credit of A/c No- 427301980050000, Union Bank of India, Deopuri Branch through IFSC Code UBINO542733 or by DD/Pay order favouring Union Bank of India, Deopuri Branch payable at Raipur. 7. The intending bidders should submit the bid application along with the DD / PO / quoting the UTR No. of NEFT/RTGS remittance towards EMD in a sealed cover addressed to the Branch Manager, Union Bank of India, Deopuri Branch, Raipur (C.G.) latest by 5.00 PM on 05.02.2019. The sealed cover should be super
scribed with Bid for participating in Auction Sale- - in the A/c of M/s Gopalan Jaimon. 8. After expiry of the last date of submission of bids with EMD, Authorised Officer shall examine the bids received by him and confirm the details of the qualified bidders (who have paid the specified EMD with the Bank) to enable them to allow only those bidders to participate in the bidding /auction proceedings at the date and time mentioned in Auction Sale Notice. 9. Immediately upon closure of Auction proceedings, the highest bidder shall declared as successful bidder in the Auction Sale proceedings. 10. The successful bidder shall deposit 25% of the bid amount (including EMD) on the same day of the sale, being knocked down in his favour and balance 75% of bid amount within 15 days from the date of sale by RTGS/NEFT/Funds Transfer to the credit of A/c No: 427301980050000, Union Bank of India, Deopuri Branch, through IFSC Code UBIN0542733 or by DD/Pay order favouring Union Bank of India, Deopuri Branch payable at Raipur. 11. In case of default in payment of above stipulated amounts by the successful bidder / auction purchaser within the stipulated time, the sale will be cancelled and the amount already paid (including EMD) will be forfeited and the property will be again put to sale. 12. At the request of the successful bidder, the Authorised Officer in his absolute discretion may grant further time in writing, for depositing the balance of the bid amount. 13. Municipal / Panchayat Taxes, Electricity dues (if any) has to be paid by the successful bidder before issuance of the sale certificate. Bids shall be made taking into consideration of all the statutory dues pertaining to the property. 14. Sale Certificate will be issued by the Authorised Officer in favour of the successful bidder only upon deposit of entire purchase price / bid amount and furnishing the necessary proof in respect of payment of all taxes / charges. 15. Applicable legal charges for conveyance, stamp duty, registration charges and other incidental charges shall be borne by the auction purchaser. 16. The Authorized officer may postpone / cancel the Auction Sale proceedings without assigning any reason whatsoever. In case the -Auction Sale scheduled is postponed to a later date before 30 days from the scheduled date of sale, it will be displayed on the website of the Bank.
17. The decision of the Authorised Officer is final, binding and unquestionable. 18. All bidders who submitted the bids, shall be deemed to have read and understood the terms and conditions of the Auction Sale and be bound by them. Place: Raipur Date: 02.01.2019 Authorized Officer Union Bank of India,Deopuri Branch