(भारत सरकार का उपम / A Govt of India Undertaking) Saifabad Branch 6-1-67/14, 1st Floor, Public Garden Road, Saifabaad, Hyderabad – 500 004 040-23420617/618, 7095747939 E-AUCTION SALE NOTICE (For sale of immovable properties) UNDER SARFAESI ACT, 2002 E-Auction sale notice for sale of immovable assets under Securitization and reconstruction of financial assets and enforcement of security interest act 2002 read with proviso to rule 8(6) of the security interest (enforcement) rules 2002. Notice is hereby given to the public in general and in particular to the borrowers and guarantors that the below described immovable properties mortgaged/charged to the secured creditor, the physical possession of which has been taken by authorised officer of union bank of India, secured creditor will be sold on “AS is where is”, “As is what is” and” whatever there is” on 04.01.2019 for recovery of the dues to the Union Bank of India, secured creditor from the below mentioned names of the borrowers and the guarantors. The details of the amounts dues in the accounts, description of the properties for auction, reserve price, EMD, date and time of auction, bid amount are mentioned as under.

Mr.Chintakindi Sudershan Mrs. Chintakindi Srivani Flat No.201, Sriram Vihar Apartment, Flat No.201, Sriram Vihar Apartment, ShankarNagarRoadNo.1, Peerzadiguda, Shankar Nagar Road No.1, Uppal, Hyderabad-500039. Peerzadiguda, Uppal, Hyderabad-500039 Mr.P.Peda Ankaiah Mr.Tumma Shekhar Reddy Plot No.101, Kasturi Nagar, Bakshiguda H.No.235/A,Road No-4, Mahindra Hills, Moulali, Hyderabad-500040. Shiva Hair Dressers Saloon Lane, Secunderabad, Hyderabad-500026.

S.No: Description of property and Reserve Price EMD amount and Date and time Total Dues the name of the owner (if mode of payment of online e- as of more than one owner give all auction 31.10.2018 their names) 1 Residential Flat bearing Rs.25.00 Rs.250000.00 04.01.2019 Rs.216989 No.201 in second floor of lakhs By way of Between 2.00 3.00 Sriram Vihar with a plinth RTGS/NEFT/F PM to 3.00 area of 964sft & UDS of 30 UND sq yds and car parking on PM with auto TRANSFER to road no.1, plot no s B &C, extension by in SY.No.78/A part, the credit of 5 minutes situated at Shankar Nagar, account .no each time. Peerzadiguda village & GP, 370601980050 Ghatkesar Mandal, R. R. 000 District in the name of Favouring- Ch.Sudarshan. Saifabad Bounded by branch. North-Open to Sky, IFSC Code South-Flat No.202, UBIN0537063 East-Corridor, West-Open to Sky. Bid increase Date & Time amount of Inspection Rs.10000/- 27.12.2018 thereof or in such multiples. 02.00 PM to 04.00 pm Last Date for Submission of Bid Amount 02.01.2019 by 05.00 pm

THE TERMS & CONDITIONS OF ONLINE E- 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 / assts (viz. extent & measurements specified in the E-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. E-Auction 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 nay 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 only be through “online electronic mode” through the website https://bankauctions.in provided by the service provider M/s 4closure, Hyderabad, For details, help, procedure and online bidding on e-auction prospective bidders may contact the Service Provider and Contact details are as follows: Contact No.04023836405, 8142000061.Email [email protected] & [email protected]

5. The bidders may participate in e-auction for bidding from their place of choice. Internet connectivity shall have to be ensured by bidder himself. Bank/service provider shall not be held responsible for the internet connectivity, network problems, system crash own, power failure etc.

6. 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 quoted their bids over and above the reserve price and paid the specified EMD with the Bank) to the service provider M/s 4closure to enable them to allow only those bidders to participate in the online inter se bidding /auction proceedings at the date and time mentioned in E-Auction Sale Notice.

7. Inter se bidding among the qualified bidders shall start from the highest bid quoted by the qualified bidders. During the process of inter se bidding, there will be unlimited extension of “5” minutes each, i. e the end time of e- auction shall be automatically extended by 5 Minutes each time if bid is made within 5 minutes from the last extension.

8. Bids once made shall not be cancelled or withdrawn. All bids made from the user id given to bidder will be deemed to have been made by him alone.

9. Immediately upon closure of E-Auction proceedings, the highest bidder shall confirm the final amount of bid quoted by him BY FAX both to the Authorised Officer, Union Bank of India, Saifabad Branch, Hyderabad and the Service Provider for getting declared as successful bidder in the E-Auction Sale proceedings.

10. For participating in the e-auction the intending bidders have to submit auction application from along with payment of EMD of 10% of the reserve price of the property (each Property) concerned through RTGS/NEFT/Funds Transfer to the credit of A/c No: 370601980050000, Union Bank of India, Saifabad Branch, Hyderabad through IFSC Code No. UBIN0537063 or by DD/ Pay order favouring Union Bank of India, Saifabad Branch, payable at Hyderabad.

11. 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. 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. Municipal / Panchayat Taxes, Electricity dues (if any), GST, TDS 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.

13. 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.

14. Applicable legal charges for conveyance, stamp duty, registration charges and other incidental charges shall be borne by the auction purchaser.

15. The Authorized officer may postpone / cancel the E-Auction Sale proceedings without assigning any reason whatsoever. In case the E-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 service provider.

16. The decision of the Authorised Officer is final, binding and unquestionable.

17. All bidders who submitted the bids, shall be deemed to have read and understood the terms and conditions of the E-Auction Sale and be bound by them.

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

For further clarifications / Perusal of copies of title deeds and other details please contact The Authorised Officer, Union Bank of India, Saifabad, 6-1-67/14, 1st Floor, Public Garden Road, Saifabad, Hyderabad – 500004, 7095747939 (M) Tel: 040-23420617 e-mail ID: [email protected]

Place: Hyderabad Authorised Officer Date: 27.11.2018 Union Bank of India Saifabad Branch.

______STATUTORY 30/15 DAYS SALE NOTICE UNDER RULE 8(6)/RULE 9(1) OF SECUIRTY INTEREST ENFORCEMENT RULES 2002. This may also be treated as notice u/r under rule 8(6)/rule 9(1) of Security Interest Enforcement rules ,2002 to the borrowers/and guarantors of the said loan about the holding of E-Auction sale on the above mentioned date.