DEVAKOTTAI BRANCH COVERING LETTER to SALE NOTICE Ref: SN/2803/773/9859 Date:23/10/2020

DEVAKOTTAI BRANCH COVERING LETTER TO SALE NOTICE Ref: SN/2803/773/9859 Date:23/10/2020

To Mrs. S. Vanitha W/O Mr. S. Saminathan No.484/1-B, M.K. Nagar Old Senjai, Devakottai Rastha, Sivagangai

Dear Sirs,

Sub: Notice under Section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with Rule 8(6) of the Security Interest (Enforcement) Rules, 2002. ******************** As you are aware, I on behalf of Canara Bank Devakottai Branch have taken possession of the assets described in Schedule of Sale Notice annexed hereto in terms of Section 13(4) of the subject Act in connection with outstanding dues payable by you to our Devakottai Branch of Canara Bank.

The undersigned proposes to sell the assets more fully described in the Schedule of Sale Notice.

Hence, in terms of the provisions of the subject Act and Rules made thereunder, I am herewith sending the Sale Notice containing terms and conditions of the sale.

This is without prejudice to any other rights available to the Bank under the subject Act/ or any other law in force.

Yours faithfully,

Authorised Officer, Canara Bank

ENCLOSURE – SALE NOTICE

Copy To: 1. M/S Hotel Navven Inn, Sankarapathy Nadar, Amaravathy Pudur PO, Devakottai-630301 2. Mr. T.Saminathan, No.484/1-B, M.K. Nagar Old Senjai, Devakottai Rastha, Sivagangai

(A GOVERNMENT OF INDIA UNDERTAKING)

DEVAKOTTAI BRANCH

E-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) 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 constructive/physical possession of which has been taken by the Authorised Officer of Devakottai branch of the Canara Bank., will be sold on “As is where is”, “As is what is”, and “ Whatever there is” on 25/11/2020 for recovery of Rs. 3,80,92,215.55 /- (Rupees Three crore eighty lakh ninety two thousand two hundred fifteen and paise fifty five only) as on 29/09/2020 and further interest there on from 30/09/2020+ cost due to the Devakottai branch of Canara Bank from M/S Hotel Navven Inn represebted by its proprietor Mr. T. Saminathan and Mrs. S. Vanitha

The reserve price for property 1 in the name of Mrs. Vanitha will be Rs. 15,67,000/-(Rupees Fifteen lakh sixty seven thousand only). The earnest money deposit will be Rs. 1,56,700/- (Rupees One lakh fifty six thousand seven hundred only).

The reserve price for property 2 in the name of Mrs. Vanitha will be Rs. 20,97,000/-(Rupees Twenty lakh ninety seven thousand only). The earnest money deposit will be Rs. 2,09,700/- (Rupees Two lakh nine thousand seven hundred only).

The reserve price for property 3 in the name of Mr. Saminathan will be Rs. 1,95,54,000/-(Rupees One crore ninety five lakh fifty four thousand only). The earnest money deposit will be Rs. 19,55,400/- (Rupees Nineteen lakh fifty five thousand four hundred only).

The Earnest Money Deposit shall be deposited on or before 24/11/2020 till 4 pm.

Details and full description of the property(ies):

Property No.1 in the name of Mrs. Vanitha All the part and parcel of the property and structures situated in Karaikudi registration district, Karaikudi No.II Joint Sub District, Devakottai taluk, Devakottai union, Thanavayal panchayat, Perattukottai group, Thanavayal village, old patta no. 130, New patta no.620, S.No 264, Punja, 11.34.0 hectare=28.02 acre, as per sub-divisions, S.No.264/1 of an extent of 6 acres, S.No264/2 of an extent of 6 acres, S.No264/3 of an extent of 16 acres together measuring 28 acres in that layout formed therein under the name & style “Sangarapathi nagar-1”, “P” block, Plot number 4 in survey number 264/3 measuring East-West 55’North-South 40’ and measuring 2200sq.ft.bounded by Boundaries: On the North plot No.3 in P block On the East plot no.14 in P block On the South plot no.5 in P block On the West 23 feet North-South street. The above property is comprised in S.No.264/3

Property No.2 in the name of Mrs. Vanitha All the part and parcel of the property and structures situated in Karaikudi registration district, Karaikudi No.II Joint Sub District, Devakottai taluk, Devakottai union, Thanavayal panchayat, Perattukottai group, Thanavayal village, old patta no. 130, New patta no.620, S.No 264, Punja, 11.34.0 hectare=28.02 acre, as per sub-divisions, S.No.264/1 of an extent of 6 acres, S.No264/2 of an extent of 6 acres, S.No264/3 of an extent of 16 acres together measuring 28 acres in that layout formed therein under the name & style “Sangarapathi nagar-1”, “L” block, Plot number 13 in survey number 264/3 measuring East-West 55’North-South 40’ and measuring 2200sq.ft.bounded by Boundaries: On the north Plot No.12 in “L” Block On the East Plot Number 20 in “L” Block On the South Plot Number 14 in “L” Block On the West North South 23 feet street The above property is comprised in S.No.264/3

Property No.3 in the name of the Mr.T.Saminathan

Karaikudi Registration District, KaraikudiNo.II Joint Sub District, DevakkottaiTaluk, Devakkottai Union, ThanavayalPanchayat, Perattukottai Group, Thanavayal Village, Old Patta No.130, New patta No.620, S.No.264, Punja, 11.34.0 Hectare = 28.02 acre, as per sub-division, S.No.264/1 of an extent of 6 acres, S.No.264/2 of an extent of 6 acres, S.No.264/3 of an extent of 16 acres together measuring 28 acres in that layout formed therein under the name & style “Sangarapathi nagar-1”, “A” Block, Item No.1

Plot No.1 in “A” Block measuring on the north 162’, On the South 102’, north South in the East 162’6”, On the West 51’ admeasuring 11721 sq.ft., = 26.88 cents. Item No.2

Plot No.2 in “A” Block measuring East West on the North 102’, On the South 92’3, North South on the East 42’, On the West 42’ admeasuring 4034 sq.ft., = 9025 cents.

Item No.3

Plot No.3 in “A” Block measuring East West on the North 92’3”, On the South 78’, North South on the East 60’, on the West 60’6” admeasuring 5064 sq.ft., = 11.61 cents. Boundaries - On the North :Punja of Government On the East : Plot Nos. 6 to 12 in “A” Block On the West : Road On the South : Plot No.4 “A” Block The above plots are comprised in S.Nos.264/2,1,3 Item No.4

Plot No.8 in “A” Block measuring East West 55’, North South 40’ admeasuring 2200 sq.ft.,

Boundaries - On the North : Plot No.9 in “A” Block On the South : Plot No.7 in “A” Block On the East : 23’ road On the West Plot No.1 in “A” Block The above property is comprised in S.Nos. 264/1 and 2 Item No.5

Plot No.7 in “A” Block measuring East West 55’, North South 40’ admeasuring 2200 sq.ft.,

Boundaries - On the North : Plot No.8A On the East : 23 feet road On the South : Plot No.6A On the West : Plot No.2A Item No.6

Plot No.9 in “A” Block measuring East West 55’, North South 40 feet admeasuring 2200 sq.ft.,

Item No.7

Plot No.10 in “A” Block measuring East West 55’, North ; South 40 feet admeasuring 220 sq.ft.,

Item No.8

Plot No.11 in “A” Block measuring East West 55’, North South 40 feet admeasuring 2200 sq.ft.,

Boundaries for item Nos. 6 to 8 – On the North : Plot No.12A On the East : 23 feet road On the South : Plot No.8A On the West : Plot No.1A The above plots are comprised in S.No.264/1,2,3 Item No.9

Plot No.12 in “A” Block (triangular plot) measuring East West on the North 0, On the South 55 feet, North South on the West two measurements 24 ½ and 78 feet together measuring 102 ½ feet, on the East 801 / 2 feet admeasuring 2887 sq.ft., Boundaries

On the North : Reserved forest On the East : North - South 23 feet street On the South : Plot No.11 in “A” Block On the West : Plot No. 1 in “A” Block The above property is comprised in S.No.264/1

For detailed terms and conditions of the sale please refer the link “E-Auction” provided in Canara Bank’s website (www.canarabank.com) or may contact Chief manager, Karaikudi canara bank , Ph. No. 04565-237448 or Manager, Devakottai Canara bank, Ph. No 04561-261122 or Regional Office, Thanjavur, Ph. No. 04362-234627 during office hours on any working day.

Date: 22/10/2020 Authorised Officer Place: Devakottai CANARA BANK

DETAILS :

1 Name and Address of the Canara Bank, Devakottai branch, Secured Creditor 300/24, Ward-II, Tirupattur road, Devakottai, Sivagangai-630302 2 Name and Address of the 1. Mrs. S. Vanitha Borrower/ Guarantor W/O Mr. S. Saminathan No.484/1-B, M.K. Nagar Old Senjai, Devakottai Rastha, Sivagangai 2.Mr. T.Saminathan, No.484/1-B, M.K. Nagar Old Senjai, Devakottai Rastha, Sivagangai 3 Total liabilities as on Rs. 3,80,92,215.55 /- (Rupees Three crore eighty lakh 29/09/2020 ninety two thousand two hundred fifteen and paise fifty five only) and further interest there on from 30/09/2020+ cost 4 a) Mode of Auction : E- Auction b) Details of Auction service Mr. Praveen kumar thevar provider : Mobile : 09722778828, 09655591945 Email : [email protected] [email protected] c) Date & Time of Auction : Date : 25/11/2020 Time between 12.30 pm – 1.30 pm

(With unlimited extension of 5 minutes duration each till the conclusion of the sale)

d) Portal of E-Auction : https://canarabank.auctiontiger.net 5 Details of Properties: Property No.1 in the name of Mrs. Vanitha All the part and parcel of the property and structures situated in Karaikudi registration district, Karaikudi No.II Joint Sub District, Devakottai taluk, Devakottai union, Thanavayal panchayat, Perattukottai group, Thanavayal village, old patta no. 130, New patta no.620, S.No 264, Punja, 11.34.0 hectare=28.02 acre, as per sub- divisions, S.No.264/1 of an extent of 6 acres, S.No264/2 of an extent of 6 acres, S.No264/3 of an extent of 16 acres together measuring 28 acres in that layout formed therein under the name & style “Sangarapathi nagar-1”, “P” block, Plot number 4 in survey number 264/3 measuring East-West 55’North-South 40’ and measuring 2200sq.ft.bounded by Boundaries: On the North plot No.3 in P block On the East plot no.14 in P block On the South plot no.5 in P block On the West 23 feet North-South street. The above property is comprised in S.No.264/3

Property No.2 in the name of Mrs. Vanitha All the part and parcel of the property and structures situated in Karaikudi registration district, Karaikudi No.II Joint Sub District, Devakottai taluk, Devakottai union, Thanavayal panchayat, Perattukottai group, Thanavayal village, old patta no. 130, New patta no.620, S.No 264, Punja, 11.34.0 hectare=28.02 acre, as per sub- divisions, S.No.264/1 of an extent of 6 acres, S.No264/2 of an extent of 6 acres, S.No264/3 of an extent of 16 acres together measuring 28 acres in that layout formed therein under the name & style “Sangarapathi nagar-1”, “L” block, Plot number 13 in survey number 264/3 measuring East-West 55’North-South 40’ and measuring 2200sq.ft.bounded by Boundaries: On the north Plot No.12 in “L” Block On the East Plot Number 20 in “L” Block On the South Plot Number 14 in “L” Block On the West North South 23 feet street The above property is comprised in S.No.264/3

Property No.3 in the name of the Mr.T.Saminathan

Item No.1

Plot No.1 in “A” Block measuring on the north 162’, On the South 102’, north South in the East 162’6”, On the West 51’ admeasuring 11721 sq.ft., = 26.88 cents. Item No.2

Plot No.2 in “A” Block measuring East West on the North 102’, On the South 92’3, North South on the East 42’, On the West 42’ admeasuring 4034 sq.ft., = 9025 cents.

Item No.3

Plot No.3 in “A” Block measuring East West on the North 92’3”, On the South 78’, North South on the East 60’, on the West 60’6” admeasuring 5064 sq.ft., = 11.61 cents.

Boundaries - On the North :Punja of Government On the East : Plot Nos. 6 to 12 in “A” Block On the West : Road On the South : Plot No.4 “A” Block The above plots are comprised in S.Nos.264/2,1,3 Item No.4 Plot No.8 in “A” Block measuring East West 55’, North South 40’ admeasuring 2200 sq.ft., Boundaries - On the North : Plot No.9 in “A” Block On the South : Plot No.7 in “A” Block On the East : 23’ road On the West Plot No.1 in “A” Block The above property is comprised in S.Nos. 264/1 and 2

Item No.5 Plot No.7 in “A” Block measuring East West 55’, North South 40’ admeasuring 2200 sq.ft., Boundaries - On the North : Plot No.8A On the East : 23 feet road On the South : Plot No.6A On the West : Plot No.2A Item No.6 Plot No.9 in “A” Block measuring East West 55’, North South 40 feet admeasuring 2200 sq.ft., Item No.7 Plot No.10 in “A” Block measuring East West 55’, North ; South 40 feet admeasuring 220 sq.ft., Item No.8 Plot No.11 in “A” Block measuring East West 55’, North South 40 feet admeasuring 2200 sq.ft.,

Boundaries for item Nos. 6 to 8 – On the North : Plot No.12A On the East : 23 feet road On the South : Plot No.8A On the West : Plot No.1A The above plots are comprised in S.No.264/1,2,3 Item No.9

Boundaries

6 a) Reserve Price & EMD amount: The reserve price for property 1 in the name of Mrs. Vanitha will be Rs. 15,67,000/-(Rupees Fifteen lakh sixty seven thousand only). The earnest money deposit

will be Rs. 1,56,700/- (Rupees One lakh fifty six

thousand seven hundred only).

b) Last date of deposit of EMD : The Earnest Money Deposit shall be deposited on or before 24/11/2020 till 4 pm. 7 Other terms and conditions : a) Auction/bidding shall be only through “Online Electronic Bidding’’ through the website canarabank.auctiontiger.net. Bidders are advised to go through the website for detailed terms before taking part in the e-auction sale proceedings. b) The property can be inspected with prior appointment of Branch / Authorised Officer. c) The property will be sold for the price which is more than the Reserve Price and the participating bidders may improve their offer further during auction process . d) EMD amount of 10% of the Reserve Price is to be deposited by way of Demand draft in favour of Authorized Officer, Canara Bank, Karaikudi Branch OR shall be deposited through RTGS/NEFT/Fund Transfer to credit of account of Canara Bank, Devakottai Branch, A/c No 2803296000001 IFSC Code: CNRB0002803 on or before 24/11/2020, 4.00 pm. e) Intending bidders shall hold a valid digital signature certificate and e-mail address. For details with regard to digital signature please contact the service provider M/s E – Procurement Technologies Ltd Mr. Praveen kumar Thevar Mobile : 09722778828, 09655591945 Email :[email protected] f) After payment of the EMD amount, the intending bidders should submit a copy of the following documents/details on or before 24/11/2020 4.00 PM, to Canara Bank, Devakottai Branch, by hand or by email.

i) Demand Draft/Pay order towards EMD amount. If paid through RTGS/NEFT, acknowledgement receipt thereof with UTR No.

ii) Photocopies of PAN Card, ID Proof and Address proof. However, successful bidder would have to produce these documents in original to the Bank at the time of making payment of balance amount of 25% of bid amount.

iii) Bidders Name. Contact No. Address, E Mail Id. iv) Bidder’s A/c details for online refund of EMD.

g) The intending bidders should register their names at portal https://canarabank.auctiontiger.net and get their User ID and password free of cost. Prospective bidder may avail online training on E- auction from the service provider M/s E – Procurement Technologies Ltd Mr. Praveen kumar Thevar Mobile : 09722778828, 09655591945 Email :[email protected] h) EMD deposited by the unsuccessful bidder shall be refunded to them. The EMD shall not carry any interest. i) Auction would commence at Reserve Price, as mentioned above. Bidders shall improve their offers in multiplies of Rs.10,000/- (The amount can be decided by the Authorised Officer depending upon the value of the property with a minimum of Rs. 10000 as incremental value). The bidder who submits the highest bid (above the Reserve price) on closure of ‘Online’ auction shall be declared as successful bidder. Sale shall be confirmed in favour of the successful bidder, subject to confirmation of the same by the secured creditor. j) The successful bidder shall deposit 25% of the sale price (inclusive of EMD already paid), immediately on declaring him/her as the successful bidder and the balance within 15 days from the date of confirmation of sale by the secured creditor. If the successful bidder fails to pay the sale price, the deposit made by him shall be forfeited by the Authorised Officer without any notice and property shall forthwith be put up for sale again. k) For sale proceeds of Rs. 50 (Rupees Fifty) lacs and above, the successful bidder will have to deduct TDS at the rate 1% on the Sale proceeds and submit the original receipt of TDS certificate to the Bank. l) All charges for conveyance, stamp duty/GST registration charges etc., as applicable shall be borne by the successful bidder only. m) Authorised Officer reserves the right to postpone/cancel or vary the terms and conditions of the e-auction without assigning any reason thereof. n) In case there are bidders who do not have access to the internet but interested in participating the e-auction, they can approach concerned Circle office or Devakottai branch who, as a facilitating centre, shall make necessary arrangements. o) For further details contact Canara Bank, Devakottai Branch (Ph. No.04561-261122) e-mail id [email protected] OR the service provider M/s E –Procurement Technologies Ltd Mr. Praveen kumar Thevar Mobile : 09722778828, 09655591945 Email : [email protected]

SPECIAL INSTRUCTION/CAUTION

Bidding in the last minutes/seconds should be avoided by the bidders in their own interest. Neither Canara Bank nor the Service Provider will be responsible for any lapses/failure (Internet failure, Power failure, etc.) on the part of the bidder or vendor in such cases. In order to ward off such contingent situation, bidders are requested to make all the necessary arrangements/alternatives such as back –up, power supply and whatever else required so that they are able to circumvent such situation and are able to participate in the auction successfully

Place: 23/10/2020 Date: Devakottai Authorised Officer Canara Bank