ALLAHABAD BANK (H.O.: 2, Netaji Subhas Road, Calcutta 700001) A.R.M.BRANCH, SCO-49-50, 3 rd FLOOR, SECTOR 17-B, BANK SQUARE, CHANDIGARH, Ph-0172-5047187, FAX-0172-5047188 ALB/ARMB-CHD/2013-14/ 28 Date: 03.02.2014 NOTICE OF SALE Sale of immovable properties mortgaged to Bank under Securitization and Reconstruction of Financial asset s and Enforcement of Security Interest Act, 2002 (No.54 of 2002) Whereas, the Authorised Officer of Allahabad Bank had taken possession of the following property/ies pursuant to the notice issued under Sec 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 in the following loan account with right to sell the same on AS IS WHERE IS BASIS, AS IS WHAT IS BASIS for realization of Bank s dues plus interest as detailed hereunder and whereas consequent upon failure to repay the dues, the undersigned in exercise of power conferred under Section 13(4) of the said Act proposes to realize the Bank s dues by sale of the said property/ies. The sale will be done by the undersigned through e- auction platform provided at the website. Last Date of Receiving Bids: 10.03. 2014 by 5.00PM at Allahabad Bank, Assest Recovery Management Branch, 3 rd floor, SCO 49 50, sector 17 B, Bank Square, Chandigarh Date of E Auction 12.03. 2014 under supervision Authorised Office, Allahabad Bank, Assest Recovery Management Branch, 3 rd floor, SCO 49 50, sector 17 B, Bank Square, Chandigarh Auction Platform https://allahabadbank.abcprocure.com Name of the Borrower Account/ Mortgagor M/s Shree Vallabh Overseas, E-62, Phase-IV, Focal Point,, through its Partners:- Sh.Dharampal Sh.Maya Ram, Nagar, (Partner), Sh. Janinder Jain s/o Sh. Dharampal Details of the Guarantors/Mortga gor 1.Sh.Dharampal Sh.Maya Ram, r/o H.No. B/24-4823, Sunder Nagar,, 2.Sh. Janinder s/o Late Sh. Maya Ram, r/o H.No. Nagar,, 3.Smt. Anju Jain a) Date of Demand Notice b) Date of Possession c) Claim Amount as per Demand Notice (M/s Shree Vallabh Overseas) b) 06/02/2013 c) Rs. 26,60,76,722.52 outstanding as on 01/09/2012 Description of Property a) Reserve Price b) Earnest Money 1. All that part and parcel of One flat no.4, Fourth Floor Covered area measuring 1721.5 sq. feet comprised out of Khatta no. 367/441-374/457-970/1078, Khasra no. 39//15/1-16/2/1-39//17/1/2-39//17/2/1/1, as per jamabandi for the year 1986-1987,situated at Village Sunet, Tehsil & Distt., H.B.No. 159, and bounded as under:- East: Flat no.5-44 -0, a). Rs. 96,62,000 (Rs.Ninety Six lacs Sixty Two Thousand Only) b). Rs. 9,66,200 (Rs. Nine Lacs Sixty Six Thousand Two Hundred Only)
Sh. Maya Ram, r/o H.No. B/24-4823, Sunder Nagar, (Partner),. w/o Sh. Janinder r/o Flat no. 4, 4.Smt. Shobhna Chander Mohan Jain r/o 2/49, Roop Nagar, Delhi, Nagar, West: Other s property - 44-0, North: Passage - 38-9, South: Other Owner/Other Property 38-9. (Sale deed No. 122 dated 01/04/1998, in the name of Sh.Kuldeep Jain (1/2 share) s/o Sh. and Sale deed No. 119 dated 01/04/1998, in the name of Sh.Kuldeep Jain (1/2 share) s/o Sh.Dharampal Jain) 6.Smt.Seema Jain w/o Sh. Kuldeep Nagar,, 7.Sh. Sudhir Jain Nagar, Nagar, its partners Sh. Sudhir Kumar & Smt. Seema Jain w/o Sh. Kuldeep Jain, E-62, Phase- IV, 2. All that part and parcel of One plot no.122, measuring 400 sq. yds.(block-a),comprised out of Khasra no. 154, Khatta no. 1340/1604, as per jamabandi for the year 1972-1973, situated at Taraf Saidan (Locality Known as Sunder Nagar),Tehsil & Distt., and bounded as under:- East: Plot no.121-72 -0, West: Plot no.123-72 -0, North: Plot no.127-50 - 0, South: Road 24 wide - 50-0. (Sale deed No. 9229 dated 17/02/1975, in the name of Smt.Prem Lata w/o Sh.) a). Rs. 1,96,65,000 (Rs One Crore Ninety Six lacs Sixty Five Thousand Only) b). Rs. 19,66,500 (Rs. Nineteen Lacs Sixty Six thousand Five Hundred Only)
M/s Shree Vallabh Exports, E-62, Phase-IV,, through its Partners:- Sh. s/o Late Sh. Maya Ram r/o Flat no. 4, (Partner), Sh. Janinder Jain s/o Sh. Dharampal Sh.Maya Ram r/o Flat no. 4, (Partner),. (M/s Shree Vallabh Exports) 1.Sh. Dharampal Sh. Maya Ram r/o Flat no. 4, Second Floor, Vishal Towers, 2.Sh. Janinder s/o Late Sh.Maya Ram r/o Flat no. 4, 3.Smt. Anju Jain w/o Sh. Janinder r/o Flat no. 4, (M/sShree Vallabh Exports) b) 06/02/2013 c) Rs.30,49,88,506.9 5 outstanding as on 01/09/2012 3. All that part and parcel of One Industrial Shed No. E-62, measuring 1000 sq.yds.,situated at Industrial Tehsil & Distt., as per wasika No.11577 dated 03/08/1990, standing in the name of M/s Vijay Industries a). Rs. 2,22,30,000 (Rs. Two Crores twenty Two Lacs thirty thousand Only) b). Rs. 22,23,000 (Rs. Twenty Two Lacs Twenty Three thousand Only) 4.Smt. Shobhna Chander Mohan Jain r/o 2/49, Roop Nagar, Delhi, Nagar, 6.Smt. Seema Jain w/o Sh.Kuldeep Jain, Nagar, 7.Sh.Sudhir Jain Nagar,
Jain,r/o H.No. Nagar, its partners Sh.Sudhir Kumar Jain s/o Sh.Dharampal Jain & Smt. Seema Jain w/o Sh.Kuldeep Jain,E-62, Phase- IV,. M/s A & J Impex, E-124, Phase-IV,, through its Prop. Smt.Anju Jain w/o Sh.Janinder Jain s/o Sh., r/o Flat no. 4,Second Floor,Vishal Towers, 1.Smt.Anju Jain w/o Sh.Janinder, r/o Flat no. 4,Second Floor,Vishal Towers, 2.Smt.Shobhna Jain w/o Sh.Chander Mohan Jain,r/o 2/49, Roop Nagar, Delhi 3.Sh. Dharampal Sh. Maya Ram r/o Flat no. 4, Second Floor, Vishal Towers, 4.Sh. Janinder s/o Late Sh. Maya Ram r/o Flat no. 4, b) 06/02/2013 c) Rs.21,49,91,816.0 0 outstanding as on 01/09/2012 4. All that part and parcel of One plot no.27, measuring 483.33 sq. yds., comprised out of Khewet/Khatauni no. 58/61, Kila no. 11//4/1-4/2,as per jamabandi for the year 2002-2003, situated at Village Fatehpur Awana, Tehsil & Distt., H.B.No. 152, and bounded as under:- East: Plot no.26-87 -0, West: Plot no.28-87 -0, North: Neighbour - 50-0, South: Road 24 wide - 50-0. (Sale deed no. 4914 dated 02/06/2008, in the name of Smt.Anju Jain w/o Sh. Janinder Jain s/o Sh.). a). Rs. 1,49,63,000 (Rs. One Crore forty Nine Lacs Sixty Three thousand Only) b). Rs. 14,96,300 lacs (Rs. Fourteen Lacs Ninety Six Thousand Three Hundred Only), Nagar,
6.Smt.Seema Jain w/o Sh.Kuldeep Nagar, 7.Sh.Sudhir Jain s/o Sh.Dharampal Jain, r/o H.No.B/24-4823, Sunder Nagar, Nagar, M/s Shree Vallabh Overseas, E-62, Phase-IV, Focal Point,, through its Partners:- Sh.Dharampal Sh.Maya Ram, Nagar, (Partner), Sh. Janinder Jain s/o Sh. Dharampal Sh. Maya Ram, r/o H.No. B/24-4823, Sunder Nagar, (Partner), its partners Sh. Sudhir Kumar Jain Jain & Smt. Seema Jain w/o Sh. Kuldeep Jain, E-62, Phase-IV, M/s Shree Vallabh Overseas) 1.Sh.Dharampal Sh.Maya Ram, r/o H.No. B/24-4823, Sunder Nagar,, 2.Sh. Janinder s/o Late Sh. Maya Ram, r/o H.No. Nagar,, 3.Smt. Anju Jain w/o Sh. Janinder r/o Flat no. 4, M/s Shree Vallabh Overseas) b) 23/04/2013 c) Rs. 26,60,76,722.52 outstanding as on 01/09/2012 5. All that part and parcel of Land measuring 1950 sq yds. situated at in the area of village Siraspur, Delhi state, Delhi details as under:- A. Land measuring 1 bigha 14 biswa, comprised out of Khasra no. 730, situated at in the area of village Siraspur, Delhi state, Delhi, as per sale deed wasika no. 7622 dated 21/08/1984, standing in the name of Smt. Shobhna Jain w/o Sh. Chander Mohan Jain R/o- 2/49, Roop Nagar, Delhi. B. Land measuring 250 sq. yds, comprised out of Khasra no. 724, situated at in the area and revenue a). Rs. 4,02,00,000 (Rs. Four Crores Two Lacs) b). Rs. 40,20,000 lacs (Rs. Forty Lacs Twenty Thousand Only)
4.Smt. Shobhna Chander Mohan Jain r/o 2/49, Roop Nagar, Delhi estate of village Siraspur, Delhi, as per sale deed wasika no. 9766 dated 10/10/1984, standing in the name of Smt. Shobhna Chander Mohan Jain R/o 2/49, Roop Nagar, Delhi, Nagar, 6.Smt.Seema Jain w/o Sh. Kuldeep Nagar,, 7.Sh. Sudhir Jain Nagar, Nagar, its partners Sh. Sudhir Kumar & Smt. Seema Jain w/o Sh. Kuldeep Jain, E-62, Phase- IV, M/s Shree Vallabh Exports, E-62, Phase-IV,, through its Partners:- Sh. (M/sShree Vallabh Exports) 1.Sh. Dharampal Sh. Maya Ram r/o Flat no. 4, Second (M/sShree Vallabh Exports) b) 23/04/2013 c) Rs.30,49,88,506.9 5 outstanding as
s/o Late Sh. Maya Ram r/o Flat no. 4, (Partner), Sh. Janinder Jain s/o Sh. Dharampal Sh.Maya Ram r/o Flat no. 4, (Partner), Floor, Vishal Towers, 2.Sh. Janinder s/o Late Sh.Maya Ram r/o Flat no. 4, 3.Smt. Anju Jain w/o Sh. Janinder r/o Flat no. 4, 4.Smt. Shobhna Chander Mohan Jain r/o 2/49, Roop Nagar, Delhi, Nagar, 6.Smt. Seema Jain w/o Sh.Kuldeep Jain, Nagar, 7.Sh.Sudhir Jain Nagar, Jain,r/o H.No. Nagar, on 01/09/2012
its partners Sh.Sudhir Kumar Jain s/o Sh.Dharampal Jain & Smt. Seema Jain w/o Sh.Kuldeep Jain,E-62, Phase- IV,. M/s A & J Impex, E-124, Phase-IV,, through its Prop. Smt.Anju Jain w/o Sh.Janinder Jain s/o Sh., r/o Flat no. 4,Second Floor,Vishal Towers, (M/s A & J Impex) 1.Smt.Anju Jain w/o Sh.Janinder, r/o Flat no. 4,Second Floor,Vishal Towers, 2.Smt.Shobhna Jain w/o Sh.Chander Mohan Jain,r/o 2/49, Roop Nagar, Delhi 3.Sh. Dharampal Sh. Maya Ram r/o Flat no. 4, Second Floor, Vishal Towers, 4.Sh. Janinder s/o Late Sh. Maya Ram r/o Flat no. 4,, Nagar, 6.Smt.Seema Jain (M/s A & J Impex) b) 23/04/2013 c) Rs.21,49,91,816.0 0 outstanding as on 01/09/2012
w/o Sh.Kuldeep Nagar, 7.Sh.Sudhir Jain s/o Sh.Dharampal Jain, r/o H.No.B/24-4823, Sunder Nagar, Nagar, its partners Sh. Sudhir Kumar Jain Jain & Smt. Seema Jain w/o Sh. Kuldeep Jain, E-62, Phase-IV, Terms and Condition 1. Platform (https://allahabadbank.abcprocure.com) for e Auction will be provided by our e Auction service provider M/s. abc procure e Procurement Technologies Ltd. having its Registered office at Ahmedabad (Gujarat)(contact Phone & Mobile Numbers Ms. Ankita Gohel 08000020910, Mr.Vishal Tiwari 09879996111).This service provider will also provide training on e Auction, if required, to those bidders who will deposit EMD. 2. The intending participants of e Auction may download free of cost copies of the Sale Notice, Terms & Conditions of e Auction, Help Manual on operational part of e Auction & process compliance form related to this e Auction from above mentioned website of service provider https://allahabadbank.abcprocure.com or www.tender.gov.in or www.allahabadbank.com. 3. Earnest Money Deposit (EMD) for an amount equivalent to 10% of reserve price of the property required to be deposited in a closed cover along with above referred process compliance form for taking part in e Auction with Authorised Officer, Asset Recovery Management Branch, 3 rd floor, SCO 49 50, sector 17 B, Bank Square, Chandigarh up to 10/03/2014(5:00 pm) along with Demand Draft /Banker s Cheque pertaining to above referred EMD. The envelope should be super scribed EMD for e Auction A/c (Property no. ) 4. EMD amount shall be paid through Banker s Cheque / Demand Draft drawn in favour of The Authorised Officer, Allahabad Bank, A/c (Property no. ) payable at
Chandigarh. The EMD is refundable, if the bid is not successful. Cheques will not be accepted for the purpose. Bidders, not depositing the earnest money, will not be allowed to participate in the e Auction. 5. For the purpose of participation in the e Auction, the intending bidder must have a valid digital signature (Class II & above). Any intending bidder, presently not having digital signature may procure it from any Registering Authority (certified by Government of India) issuing such signature 6. Interested bidders may first login on above mentioned e auction portal of the service Provider & on line register as one of the participants for e Auction, download Process Compliance Form (PCF) & after filling it (PCF) property may submit the same along with EMD with the Authorised Officer as specified above OR intending Bidder may first directly approach the Authorised Officer, obtain blank PCF and fill it properly and submit it along with EMD with the Authorised Officer, as specified above and then visit/log in on above mentioned e auction portal of the Service Provider for on line registration as one of the participants for e Auction. 7. Process compliance Form should be properly filled in and signed by the Authorised person of the bidder only. It must contain i) Name ii) Address iii) valid e mail id and mobile no. Contact no. (registered with e Auction website) 8. The intending Bidders / Purchaser are required to participate in the e Auction process at e Auction Service Provider s website https://allahabadbank.abcprocure.com & e Auction will be conducted on 12/03/2014 from 11:00 am to 1:00 pm 9. During the e auction bidders will be allowed to offer higher bid in inter se bidding over and above the last bid quoted and the minimum increase in the bid amount (Minimum Increment Value) must be of Rs 1,00,000/ (Rupees One Lac) to the last higher bid of the bidders. Ten minutes time will be allowed to bidders to quote successive higher bid and if no higher bid is offered by any bidder within ten minutes to the last highest bid, the e auction shall be closed 10. Intending bidders are advised to properly read down loaded Sale Notice, Terms & Conditions of e Auction, Help Manual on operational part of e Auction and follow them strictly. In case of any difficulty or assistance is required before or during e Auction process they may contact Authorised representative of our e Auction Service Provider (Ms. Ankita Gohel 08000020910, Mr.Vishal Tiwari 09879996111) 11. All persons participating in the E auction should submit sufficient and acceptable proof of his/her/their identity, residence and PAN/TAN Card. 12. After finalization of e Auction by the Authorised Officer, only successful bidder will be informed by our above referred service provider through SMS/email. (on mobile no/ email address given by them/registered with service provider). 13. The successful bidder shall have to deposit 25% (twenty five percent) of the bid amount, less EMD amount deposited, immediately and the remaining amount shall be paid with 15 days from auction. In case of failure to deposit the amount within the time as stipulated, the amount paid will be forfeited by the Authorised Officer and Authorised Officer shall have the liberty to cancel the auction and conduct a fresh auction. 14. The balance payment is required to be made in the form of Banker s Cheque /Demand Draft drawn in favour of The Authorised Officer, Allahabad Bank, A/c-.(Name of NPA Account) (Property no.-----) payable at Chandigarh or sent through RTGS/NEFT (IFSC Code - ALLA0210176 for credit of account numbers as mentioned below:-
Sr. No. Name of NPA Account A/c no. for RTGS Ernest Money Time of e-auction Date : 12.03.2014 1 M/s Shree Vallabh Overseas 50145120253 Exports (Property no. 1) 11.00 AM to 01.00 PM 2 M/s Shree Vallabh Overseas 50145121304 Exports (Property no. 2) 11.00 AM to 01.00 PM 3. M/s Shree Vallabh Overseas 50145121337 Exports (Property no. 3) 11.00 AM to 01.00 PM 4. M/s A & J Impex (Property no. 4) 50145121382 11.00 AM to 01.00 PM 5. M/s Shree Vallabh Overseas Exports A & J Impex (Property no. 5) 50189192013 11.00 AM to 01.00 PM 15. On receipt of the entire sale consideration, the Authorised Officer shall issue the Sale Certificate as per rules. 16. All expenses relating to stamp duty and registration of Sale Certificate/ conveyance, if any, shall be borne by the successful bidder. 17. Payment of sale consideration by the successful bidder to the bank will be subject to TDS under section 194 IA of Income Tax Act and the TDS is to be made by the successful bidder only at the time of deposit of remaining 75% of bid amount is paid. 18. The Authorised Officer will not be held responsible for any charge, lien, encumbrance, property tax or any other dues to the Government or anybody in respect of the property under sale. 19. The Authorised Officer has the absolute right to accept or reject any bid or adjourn/postpone/ cancel the sale without assigning ant reason therefore. It may be noted that nothing in this notice constitute or deemed to constitute any commitment or representation on the part of the bank to sell the property. 20. For inspection of the property/ies, the intending bidders may contact Asset Recovery Management Branch, Allahabad Bank, SCO 49-50, 3 rd Floor, Sector 17-B, Chandigarh (0172 5047187, 88) during office hours between 17/02/2014 to 22/02/2014. 21. This is also a notice to the borrower/guarantors/mortgagors of the above said loan about holding of this sale on the above mentioned date. Date: 03.02.2014 Place: Chandigarh Authorised Officer Allahabad Bank