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FEDERAI. BANK Loan Collection & Recovery Department YOUR PT IIt [( I EANXITTIC PARTNTB Division LCRDHYD/OGL/SN - 14l SGSFGS /ss-2011/ /2020-2L 12th February,202l.

SALE NOTICE (Sale through E-Auction only)

NOTICE FOR SALE OF IMMOVABLE PROPERTY ISSUEO UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT 2002, (hereinafter referred to as Act ) r/w SECURIW INTEREST (ENF RCEMENT) RUI-ES, 2OO2 herein afte r referred to as Rules).

Whereas, the undersigned being the Authorised Officer of the Federal Bank Ltd., under the Act issued a demand notice daled LS|OT lz1lg calling upon the borrower(s)/ co-obligant(s)/ guarantors(s) (U. Mr. Bhuma Srinivasa Rao S/o Mr. Bhuma Peda Yogeswara Rao Carrying on business in the name and style of M/s. Sri Ganesh Sairam Fertilizers and General Stores at D.No.C-84/2, Darsi Road, East Gangavaram, Tallur Mandal, , - 523 264 & Residing at, D.No.6-54, Thotakuragadda Street, Nagambhotila Palem, East Gangavaram, Tallur Mandal, Prakasam District, Andhra Pradesh - 523 264. (2). Mr. Bhuma Venkata Krishna Rao,5/o. Mr. Bhuma Peda Yogeswara Rao, residing at D.No.6-54, Thotakuragadda Street, Nagambhotila palem, East Gangavaram, Tallur Mandal, Prakasam District, Andhra Pradesh - 523 264 Also at: D.No.C-84/2, Darsi Road, East Gangavaram, Tallur Mandal, Prakasam District, Andhra Pradesh - 523264 to pay the amount mentioned in the notice being Rs.42,10,977.70 (Rupees Forty Two Lakhs Ten Thousand Nine Hundred Seventy Seven and Paise Seventy Only) as on 3O/06/20L9 together with interest @ 73.25% per payment annum with monthly rests along with overdue interesl @ 2% per annum from 01-07-2019 to till being the amount due under your cash credit limit avaited from our branch within 60 days from the date of receipt of the said notice.

within Whereas the borrower(s) and / or guarantor (s) and / or defaulters having failed to repay the amount possession of the the stipulated time, the authorized officer on behalf of the Federal Bank Ltd. has taken Act read with property described herein below in exercise of powers conferred under section 13(4) of the said and general public and Rule g of the said Rules on 30-12-2019 by issuing a notice to the borrowers/defa ulters publication thereof in newspapers as contemplated under the said Act and Rules'

guarantor (s) and or defaulters and general The undersigned hereby give notice to the borrower(s) and / or / herein below on "AS lS public that ihe Sanl has decided to sell on 18'h March 2021 the property described Rules for realizing the dues of <.52,55,758'92 WHERE lS & AS lS WHAT lS BASTS " under Rules 8 & 9 of the said Ninety Two only) as on (Rupees Fifty Two Lakhs Fifty Five Thousand seven Hundred Fifty Eight and Paisa 3ll'ollzozLwithinterest@12'30%perannumWithmonthlyrestsalongwithoverdueinterest@2%per and thus the undersi8ned herebv invites annum from ollo2lzozLrillthe date of realization plus costs/charges frominterestedpartiesthee-bidsforpurchasingthepropertysubjecttothetermsandconditionsmentioned hereunder.

PRO PERTY DESCRIPT ION OF THE MORTGAGED M MOVABTE

building thereon having plinth property bearing Land to the extent of 93.50 Sq. Yards alo ng with All that the Tallur No.C-84l2, in SY No.67/09 East Gangavaram Village, atea ol 1542 Sq. ft. (GF + FF -77L Sq ft each) at D per Gift Settlement oeed No.1169/2004 dtd.07-07- Mandal, Prakasam District, Andhra Pradesh as Registered No' Fitst Floot' 6-2-953' Krishno Pld.o, Khoitotobod, The Federdl Bonk Ltd', LCRD, Hyderubod Division, Flo' '01' 165'97KL1931P1C000368 website: www.ledercl Ph: 0402i30o667/668, hvdlcrd@federalbank co in' ctN: Page 2 of 3

2004, SRO Darsi Nagambatlapalem Revenue Village and bounded by North: House of Chlgulla Venkatarao, South: Darsi Road, East: Bhuma China yogeswara Rao, West: Kanisetty yogaiah.

Terms and Conditions

1. The Reserve Price below which the property will not be sold is 1.65,50,000/- (nupees Sixty-Five lakhs Fifty Thousand Only) and the EMD amount is Rs.6,55,000/- (Rupees Six Lakhs Fifty-Five Thousand Only)

2. Auction sale/bidding would be only through "online electronic bidding" process through the website www. Ba nka uctions.in.

3. Last date for the online submission of documents with EMD (Earnest Money Deposit) is U/O3lzOzLbelorc 02:00 PM.

4. The date and time of auction is on l8l03l2121- between 02.00 PM - 04,00 PM (lST) with unlimited extension of 5 minutes each.

5. The auction would commence at the reserve price as mentioned above. Bidders shall improve their offers in multiples of Rs.25,000/- (Rupees Twenty Five Thousand Only). Any increase in the bid amount over and above the reserve price should be in the multiples of Rs.25,000/-.

6. The intending bidders shall hold a valid e-mail address and register their names at portal and get their user id and password free of cost from M/s. 4 Closure (website: https://bankauctions.in/ ), whereupon they would be allowed to participate in online e-auction.

7. The prospective bidders may avail online training on e-auction from M/s. 4closure (website: https://bankauctions.inl ) Block No.605 A, 6th Floor, Maitrivanam Commercial Complex, , Hyderabad - 500038. Contact persons: Mr. U Subbarao, Mobile: 8142000061 or Mr. Manoj Chandra, Mobile: 8142000066 Land Line: 040-23736405 & Email: [email protected] and Subba rao@ ba n ka uction s. in

8. All the payments shall be made in the form of DD drawn in favour of The Federal Bank Ltd, payable at Hyderabad or by way of RTGS, Bank details are: The Federal Bank Ltd, LCRD/Hyderabad Division, Account No. 06012200000015, IFSC Code FDR10000601.

9. The Bank / M/s.4Closure shall not have any liability towards bidders for any interruption or delay in access to the site irrespective of the cause.

10. EMD amount shall be ad.iusted in case of the highest/successful bidder, otherwise refunded within two working days of finalisation of sale. The EMD shall not carry any interest.

11. tt shall be the responsibility of the interested bidders to inspect and satisfy themselves about the property before submission of the bid .The intending purchasers can inspect the property on 06/03/2021 and the intending purchasers who wish to inspect the property and/or for further Details/conditions may contact Branch ongole (Mob: 9985495956) or LCRD/Hyderabad Division (Mob:9717373595 ,9550472226)

12. The successful bidder shall deposit 25% of the bid amount / sale price on the same day on acceptance of his tender / offer by the Bank or not later than the next working day and the balance 75% within 15 days, failing which the entire deposit made by him/her shall be forfeited without any notice and the property concerned will be re-sold.

Khoitotobod, Hyderobod' The Federot Bonk Ltd,, LCRD, Hyderobod oivision, Ftot No. 707, First Floor, 6-2-953, Ktishno Plozd, ph: [email protected]. clN L651g1KL1931PLCOOO368 website: www,federclbonk.co. o4o-23300667/6681, a Page 3 of 3

13. The successful bidder shall bear the entire charges/fees payable for conveyance such as stamp duty, registration fee etc as applicable as per law. The buyer should satisfy himself/herself/itself as to the title, ownership, statutory approvals, extent etc of the properties before participation in the auction.

14. To the best of knowledge and information of the Authorised Officer, there is no encumbrance on the property. However, the intending bidders should make their own independent inquiries regarding the encumbrance, title of property put on auction and claims/rights/dues/affecting the property prior to submitting their bid. The e auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation ofthe Bank. The property being sold with all the existing and future encumbrance whether known or unknown to the Bank. The Authorised officer/secured creditor shall not be responsible in any way for any third-party cla ims/rights/d u es.

15. The bank will not be held responsible for any charge, lien, encumbrances, arrears of property tax, electricity charges, water charges, or any dues to the Government or anybody in respect of the properties under sale. Such dues if any on the property shall be borne by the purchaser.

16. The Authorised officer has the absolute right to accept or reject the bid/all or any bid includinS the highest bid or adiourn/postpone the sale without assigning any reason. The decision of the Authorised Officer/Bank shall be final.

17. The sale certificate shall be issued after receipt of entire sale consideration and confirmation of sale by secured creditor. The sale certificate shall be issued in the name of the successful bidder. No request for change of name in the sale certificate other than the person who submitted the bid/participated in the e- Auction will be entertained.

18. This sale will attract the provisions of sec 194-lA of the income Tax Act

19. The borrowers/guarantors named above may treat this as the notice of 30 days as stipulated in Rule 8 (6) and Rule 9(1) of the said rules and pay the secured debt in full to avoid the sale of property.

Dated this the 12s day of February 2021 at Hyderabad

For The Federal Bank ttd.

offi r SARFAESI Act).

Fitst Floot' 6-2-953' Krishno Plo zo, K hoit oto bod, Hy d e tu bo d- 500004. The Federul Bdnk Ltd., LCRO, Hydetobod Division, Flot No' 707, L65791KL1931PLcoo0368 we bsite : www.fe d e ro I bo nk, co. in Ph: O4o-23i00667/668, hvdlcrd@federalbank co in' clN: