qrerfeasanoglunionbgt#dkfa...(southern part), sri meenakshmi nagar, comprised in survey...

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o'( qRErfeasanoGlunionBgt#dkfa ct 'ndla AssET REcOvER BRANai BROADWAy, aIEr`INAI - 6Ooio8 _ J]Jrmc o±4-23±±9706 Emlfl: a||zrmianbmkofudincm APPENDIX -IV - A [See proviso to rule 8(6)I SA|.ENOTICEFORSALEOFIMMOVABLEPROPERTJIEE£ E-Auction Sale 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 Security Interest (Enforcement) Rules, 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 symbolic possession of which has been taken by the Authorised Officer of Uhion Bank of India, Secured Creditor, will be sold on ``As is where is", ``As is what is" and "Whatever there is" on 24.10.2019, for recovery of Rs.47,11,090.00 and interest from 01.09.2019 due to the Secured Creditor from Mrs. S. Lakshmi and M. S. Diwakar. The reserve price wi]] be Rs. 34,64,100/- and the earnest money deposit will be Rs.3,46,410.00. (Shortdescriptionofpropertywith.knownencumbrances,if any) Immovable Property consisting of Residential Row House measuring an extent of 1181 sq. Ft. Plinth area) bearing H.No.6B in the ground flcor & First floor along with 532 sq. Ft. Undivided share out of land admeasuring 1063 sq. Ft. Of the residential villas named PLEASANT VILLA in the layout named "G.R.Avenue" situated in Plot No.6 Door No.6B (Southern Part), Sri Meenakshmi Nagar, Comprised in Survey No.25/1B/Q'art) and 26AA1 Cart) Patta No.3851, Perungalathur Village, Tambaram Taluk, Kanchipuram District., and situated with in the Sub Registration District of Boundaries: North : Plot No.8

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Page 1: qRErfeasanoGlunionBgt#dkfa...(Southern Part), Sri Meenakshmi Nagar, Comprised in Survey No.25/1B/Q'art) and 26AA1 Cart) Patta No.3851, Perungalathur Village, Tambaram Taluk, Kanchipuram

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qRErfeasanoGlunionBgt#dkfact 'ndla

AssET REcOvER BRANai BROADWAy, aIEr`INAI - 6Ooio8_ J]Jrmc o±4-23±±9706 Emlfl: a||zrmianbmkofudincm

APPENDIX -IV - A

[See proviso to rule 8(6)I

SA|.ENOTICEFORSALEOFIMMOVABLEPROPERTJIEE£

E-Auction Sale for sale of Immovable Assets under the Securitisation andReconstruction of Financial Assets and Enforcement of Security InterestAct, 2002 read with proviso to Rule 8(6) of Security Interest (Enforcement)Rules, 2002.

Notice is hereby given to the public in general and in particular to theBorrower(s) and Guarantor(s) that the below described immovableproperty mortgaged/charged to the Secured Creditor, the symbolicpossession of which has been taken by the Authorised Officer of UhionBank of India, Secured Creditor, will be sold on ``As is where is", ``As iswhat is" and "Whatever there is" on 24.10.2019, for recovery ofRs.47,11,090.00 and interest from 01.09.2019 due to the Secured Creditorfrom Mrs. S. Lakshmi and M. S. Diwakar. The reserve price wi]] be Rs.34,64,100/- and the earnest money deposit will be Rs.3,46,410.00.

(Shortdescriptionofpropertywith.knownencumbrances,if any)

Immovable Property consisting of Residential Row House measuring an extent of 1181 sq.Ft. Plinth area) bearing H.No.6B in the ground flcor & First floor along with 532 sq. Ft.Undivided share out of land admeasuring 1063 sq. Ft. Of the residential villas namedPLEASANT VILLA in the layout named "G.R.Avenue" situated in Plot No.6 Door No.6B(Southern Part), Sri Meenakshmi Nagar, Comprised in Survey No.25/1B/Q'art) and 26AA1Cart) Patta No.3851, Perungalathur Village, Tambaram Taluk, Kanchipuram District., andsituated with in the Sub Registration District ofBoundaries:

North : Plot No.8

Page 2: qRErfeasanoGlunionBgt#dkfa...(Southern Part), Sri Meenakshmi Nagar, Comprised in Survey No.25/1B/Q'art) and 26AA1 Cart) Patta No.3851, Perungalathur Village, Tambaram Taluk, Kanchipuram

South : Plot No.4East : S.No.26/2BWest : 20 Feet wide passage

Encumbrance known to secured creditor: NIL - however indenting bidders areadvised to verify the EC and satisfy themselves before submitthg bid.

For detailed terms and condifrons Of the sale, please refer to the link provided in UnionBank Of India, secured credfror's website i.e. www.unionbankofindia.co.in

Date: 19.09.2019Place: Chermai Authorised Officer

STATUTORY 30 DAYS SALE NOTICE UNDER RULE 8(6) / RULE 9 (1) OFSTATUTORY INTEREST 03NIORCEMENT) RULE S 2002

This may also be treated as notice u/r 8 (6)/ Rule 9 (1) of Seourity Interest (Enforcement)Rules, 2002 to the borrower/s and guaranator/s of the said loan about the holding of E-Auction Sale on the above mentioned date.

To1.Ms.Lakshmi SW/o Mr.Diwakar S,No.156, Lake View Road,West Mambalam,CHENNAI 600 033.

Also atMs.Lakshmi SW/o Mr.Diwakar S,No.9/3, Garudatri Apartments,Balaji Nagar 7th Street,chakaputhur Landmark,Behind Ann Mathi Theatre,CHENNAI 600 070.

Page 3: qRErfeasanoGlunionBgt#dkfa...(Southern Part), Sri Meenakshmi Nagar, Comprised in Survey No.25/1B/Q'art) and 26AA1 Cart) Patta No.3851, Perungalathur Village, Tambaram Taluk, Kanchipuram

2. Mr.Diwakar S,No.156, Lake View Road,West Mambalam,CHENNAI 600 033.

Juso atMr.Diwakar S,No.9/3, Garudatri Apartments,Balaji Nagar 7th Street,Anakaputhur Landmark,Behind Ann Mathi Theatre,CHENNAI 600 070.

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Page 4: qRErfeasanoGlunionBgt#dkfa...(Southern Part), Sri Meenakshmi Nagar, Comprised in Survey No.25/1B/Q'art) and 26AA1 Cart) Patta No.3851, Perungalathur Village, Tambaram Taluk, Kanchipuram

The Property \^/ill be sold by "Online E-Auction" through `Arebsite `AMnA/.bankeauctions.com on 24.10.2019.

1 Description of the Property to beImmovable Property consisting of Residential Row Houseauctioned/soldmeasuring an extent of 1181 sq. Ft. (Plinth area) bearingH.No.6B in the ground floor & First floor along with 532sq. Ft. Undivided share out of land admeasuring 1063 sq.Ft. Of the residential villas named PLEASANT VILLA in the

layout named "G.R.Avenue" situated in Plot No.6 Door

ryo.6B (Southern Part), Sri Meenakshmi Nagar,Comprised in Survey No.25/1B/(Part) and 26/1A1 (Part)Patta No.3851, Perungalathur VIIlage, Tambaram Taluk,Kanchipuram District., and situated with in the SubRegistration District ofBoundaries:

North : Plot No.8

South : Plot No.4

East : S.No.26/ 2B

West : 20 Feetwide passage

2 Name of the Borrower/Mortgagor Mrs. S. Lakshmi and Mr. S. Diwakar.

3 Debt due with interest and cost Rs. 47,11,090.00 and interest from 01.09.2019 and cost.

4 Reserve Price Rs. 34,64,loo/-

5 Earnest Money Deposit (EMD) Rs. 3,46,410/-

6 Date and Time of Auction 24.10.2019 between 11:00 AM To 12:00 NOON withunlimited extension of "5" minutes i.e, the end time of E-Auction will be extended by 5 Minutes each time if bid ismade within the last 5 minutes before closure of auction.

7 Last date of submission of bids 22.10.2019 ( latest by 05:cO PM )

8 Bid increment amount by Rs. 20,000.00 (Rupees Twenty Thousand only)

9 Date & Time of inspection of property for 18.10.2019 between 11.00 am to 1.00 pini ntending pu rchasers

10 Details of encumbrances over the property, NIL (However, prospective bidders are requested to takeas known to the Bank EC and make their own enquiry and satisfy themselves

Page 5: qRErfeasanoGlunionBgt#dkfa...(Southern Part), Sri Meenakshmi Nagar, Comprised in Survey No.25/1B/Q'art) and 26AA1 Cart) Patta No.3851, Perungalathur Village, Tambaram Taluk, Kanchipuram

before submitting bid).

11. The Propen`/ is belng sold on "AS IS WHER rs", "AS IS `A/lIAT IS:,"/llATEVER Tl+ERE IS ". As such, the sale is`^rithout any kind Of warranties and indemnities.

12. The particulars Of the properties specified in the E-Auction sale notice have been statecl to the best Ofinformation Of the Bank and the Bank will not be answerable for any error, misstatement or omission. Actualextent & dimension may differ.

13. EAuction Sale notice issued by the Bank is an invitation to the general public to submit their bicls and thesame does not constitute and will not be deemed to constitute any commitment or ariy representation on thepart Of the Bank. Interested bidders are advised to peruse the copies Of Title Deeds `^rith the Bank and to conductowri independent enguiries/ due diligence about the title and present condition Of the property / assets andclaims/ dues affecting the property before submission Of bid/s.

14. Auction/bidding shall be through "online electronic mode" through the website `^n^mi.bankeauctions.comprovided by service provider M/s C 1 INDIA PVT LTD, who shall arrange & coordiiiate the entire process Of auctionthrough e-auction platform.

15. The bidders may participate in e-auction for bidding from their place Of choice. Internet connectivity shallha\re to be ensured by bidder himself. Bank/Service provider shall not be responsible for internet connectivity,network problem, aystem crash down, power failure etc.

16. For details, help regarding procedure and online bidding on e-auction, prospective bidders may contactservice provider M/s C 1 INDIA PVT LTD at ummi.bankeauctions.com and [email protected]. Contact PersonMr. S. Biju, Phone No. 0773839036q/044 23460706.

17. For participating in E-Auction sale the intending bidders (ha\ring valid address, Identity proof and PAI\l Card)after remitting Earnest Money deposit, should register their details with the service provider M/s C 1 INDIA PVT`LTD well in advance and shaH get the user ID and password. Intending bidders are advised to change only the

password immediately upon receiving it from the service provider.

18. For participating in e-auction, intending bidder has to deposit a refundable EMD Of 10% Of Reserve Price byway Of NEFT/RTGS/ Funds Transfer cm or before 22.10.2019 (latest by 05:00 PM) in AccountNo.332601020030143 Aecount I\larme "M/S E ALJCTIol\l SARFAESIA ARB CllENNAr, LJnion Bank of India,Chennai Main Brancli, lFS Code: UBII\10533262 or by DD/ Pay order fa\/ouring Union Bank Of India, Chennai MainBranch payable at Chennai.

19. The intending bidders should submit the duly filled Bid Form (format avahable in the website`^/`^/`^/.bankeauctions.coml along with the details regarding remittance Of EMD, quoting UTR number OfRTGS/NEFT remittance towrards EMD and KYC documents, in sealed cover addressed to Authorisecl Officer, UnionBank Of lndfa, Asset Recovery Branch, 139, Broadway, Chennai-600 108 latest by 05:00 PM on or before22.10.2019. The sealed cover should be superscribed with `E Auction SARFAESIA ' Mrs. S. Lakshmi andMr. S. Dwikar.

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Page 6: qRErfeasanoGlunionBgt#dkfa...(Southern Part), Sri Meenakshmi Nagar, Comprised in Survey No.25/1B/Q'art) and 26AA1 Cart) Patta No.3851, Perungalathur Village, Tambaram Taluk, Kanchipuram

20. After expiry Of the last date Of submission Of bids \^rith EMD, Authorisecl Officer shall exaimine the bidsreceived by him and confirm the details Of the qualified bidders (who have quoted their bicls over and above thereserve price and paid the specified EMD with the Bank) to the service pro\rider M/s C 1 INDIA PVT LTD to enablethem to allow only those bidders to participate in the online interse bidding/ auction proceedings at the date andtime mentioned in EAuction Sale Notice,

21. Interse bidding among the qualified bidders shall start from the highest bid quoted by the qualified bidders.During the process Of interse bidding, there will be unlimited extension Of rs" minutes each, i.e, the end time ofe-auction shall be automatically extended by 5 Minutes each time if the bid is made within 5 rrinutes from thelast extension.

22. Bids once maid shall not be cancelled Of withdrawn. All bids made from the user id given to bidder wiM bedeemed to have been made by him alone,

23. Immediately upon closure Of E-Auction proceedings, the highest bidder shaM confirm the final amount Of bid

quoted by him by rnail both to the Authorised Officer and the Service provider for getting declarecl as successfulbidder in the E-Auction sale proceeding.

24. The successful bidder shaH deposit Of 2596 (twenty five percent) Of the bid amount (including EMD) on thesame day Of sale (EIAuction), being knocked down in his favour and remaining 75 % Of bicl amount shall be paidwithin 15 days from the date Of sale (EAuction) by the Bank by way Of NEFT/RTGS/ Funcls Transfer in AccountNo.332601020030143, Account Name " M/S E AUCTIOI\l SARIAES[A ARB CHEI\lNAIJ', union Bank of India,Chennai lvlain Branch, lFS Code: UBIN0533262 or by DD/ Pay order favouring Union Bank Of India, Chennai Mainbranch payable at Chennai

25. In case Of default in payment Of above stipulated amounts by successful bidder/ auction purchaser within thestipulated time, the sale will be cancelled and the amount already paid tincluding EMD) will be forfeited and the

property will be again put to sale.

26. At the request Of the successful bidder, the authorized officer in his absolute discretion i'nay grant furthertime in writing, for depositing the balance Of the bid amount.

27. Municipal / Panchayat Taxes, Electricity dues W any) have to be paid by the successful bidder only. Bank is notliable to pay or discharge the statutory dues pertaining to the property. Bids shall be made taking intoconsideration Of all the statutory dues pertaining to the property.

28. Sale certificate will be issued by the Authorised Officer in fa\rour Of the successful bidder only upon deposit Ofentire purchase price/ bid amount and furnishing the necessary proof in respect Of payment Of aw taxes/ charges.

29. Applicable legal charges for conveyance, stamp duty, registration changes and other inciclental charges shallbe borne by auction purchaser. The TDS on sale Of property to be borne by the buyer and the amount Of TDSshould not be deducted from the sale price (Bid amount).

30. The Authorised Officer may postpone / cancel the IAuction sale proceedings without assigning any reasonwhatsoever. In case the EAuction sale scheduled and postponed to a later date before 30 days from thescheduled date Of sale, it will be displayed on the website Of the service provider.

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Page 7: qRErfeasanoGlunionBgt#dkfa...(Southern Part), Sri Meenakshmi Nagar, Comprised in Survey No.25/1B/Q'art) and 26AA1 Cart) Patta No.3851, Perungalathur Village, Tambaram Taluk, Kanchipuram

31. The decision Of the Authorised Officer is final, binding and unquestionable.

32. All bidders \^rho submitted the bids, shall be deemed to have read and understood the terms and conditionsOf the E-Auction sale and be boLlnd by them.

33. The Interested bidders may contact the Authorised Officer Mr. S. B|ju for ascertaining the details Of auctionand inspection Of property on the date Of mentioned as above Contact No.7738390360.

34. Bidders are advised to visit the Govemment's `^rebsite `^rw`^r.tender.eovjn and Bank's website`Ar`Ar`Ar.unionbankofindia.co.in for detailed terms and conditions Of e-auction sale and other details beforesubmitting their bid for taking part in the e-auction. Bidders may also visit the website `Am/`Ar.bankeauct!ons.comOf Service Provider M/s C 1 INDIA PVT LTD and may contact at [email protected] , Contact Person Mr.K N Shrinath,Phone No. 09840446485/01244302020.

35. The terms and conditions Of sale shall be strictly as per provisions Of the Security Interest (Enforcement)Rules, 2002.

Special I nstructions/ Caution:Bidding in the last minutes/ seconds should be avoided by the bidders in their own interest. Neither UnionBank of India nor the service provider will be responsible for any lapses/ failure (Internet failure, Powerfailure, etc.) on the part of the bidder in such cases. In order to ward off such contingent situation, biddersare requested to make all the necessary arrangements/ alternatives such as back-up power supply andwhatever else required so that they are able to circumvent such situation and are able to participate in thea uction successful ly.

S. Biju

Authorised Officer,Union Bank of India,Asset Recovery Branch,Chennai.

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Place: ChennaiDate: 19.09.2019