DIVISIONAL OFFICE No.16, A.A.Road, Gnanaolivupuram Madurai – 625016 Phone:0452-2600113 & 2604734 Email:
[email protected] E-AUCTION NOTICE PUBLIC NOTICE FOR SALE OF IMMOVABLE PROPERTIES UNDER SARFAESI ACT, 2002 In exercise of powers conferred under the Securitization and Reconstruction of Fi- nancial Assets and Enforcement of Security Interest Act, 2002 and Security Inter- est (Enforcement) Rules, 2002 and pursuant to the possession of secured assets of the borrower taken by Authorized Officer for recovery of the secured debts dues to The Karur Vysya Bank Ltd, Madurai Thiruppalai Branch, amounting to Rs.15,87,879.28 (Rupees Fifteen Lakhs Eighty Seven Thousands Eight Hundred and Seventy Nine and Paise Twenty Eight only) with further interest and expenses thereon as detailed below from the borrower & guarantors : 1. M/s. Team Image Creations, a Partnership firm represented by Its Part- ners Mr. D. Manikumar & Mr. R. Ravindran, (Borrower) 2. Mr. R.Ravindran S/o Mr.Ramaswamy (Partner/Guarantor), 3. Mr. D.Manikumar S/o Mr.A.Dhanuskodi (Partner/Guarantor), 4. Mrs. Vijaya W/o Mr.A.Dhanuskodi (Guarantor) 5. Mr. D.Suresh Kumar, S/o Mr.D.Dhanuskodi (Guarantor) 6. Mrs. M.Subha W/o Mr.Murugan (Guarantor) Sl. No. Nature of Facility Balance Outstanding 1. Secured Overdraft Rs.14,77,567.41 with further interest from (1666.280.438) 01/02/2021 2. Machinery Loan Rs.1,10,311.87 with further interest from (1666.729.185) 23/01/2021 Total Rs.15,87,879.28 Whereas the undersigned has decided to put up for E-auction of the immovable property offers are invited by way of E-Tender for purchase of the following assets on “As is where is”, “As is what is” and “Whatever there is” basis.