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Nodal Regional Office, Ernakulam 2Nd Floor , Union Bank Bhavan, M G Road, Cochin 682035 Phone: 0484 2385 /0484 2385229/0484 2385201 Nro/Ekm/Crld/ /2019

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Nodal Regional Office, Ernakulam 2Nd Floor , Union Bank Bhavan, M G Road, Cochin 682035 Phone: 0484 2385 /0484 2385229/0484 2385201 Nro/Ekm/Crld/ /2019 NODAL REGIONAL OFFICE, ERNAKULAM 2ND FLOOR , UNION BANK BHAVAN, M G ROAD, COCHIN 682035 PHONE: 0484 2385 /0484 2385229/0484 2385201 NRO/EKM/CRLD/ /2019. Date:21.08.2019. E- AUCTION SALE NOTICE Notice is hereby given to the public in general and to the Borrower/s and Guarantor/s in particular by the Authorized Officer, that the under mentioned property mortgaged to Union Bank of India, Binanipuram Branch, taken possession under the provision of Section 13(4) of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, will be sold by E- Auction as mentioned below for recovery of under mentioned dues and further interest, charges and costs etc, as detailed below. The property is being sold on “AS IS WHERE IS WHATEVER THERE IS AND WITHOUT RECOURSE BASIS” as such sale is without any kind of warranties and indemnities. The under mentioned property will be sold by “Online E- Auction through website: https://ubi.auctiontiger.net on 27.09.2019 for recovery of a total amount of Rs.3,54,18,992 -/- (Rupees Three Crore Fifty Four lakhs Eighteen Thousand Nine Hundred and ninety two only ) is outstanding as on 31.07.2019 with further interests and expenses from 01.08.2019 in the Account of M/s.Karthik Constructions with our Binanipuram Branch. Reserve Price : Item No.I:- Rs.23,00,000/- (Rupees Twenty three lacs only) Item No.II:- Rs.30,00,000/- (Rupees Thirty lacs only) Item No.III:- Rs.82,00,000/-(Rupees Eighty two lacs only) Earnest Money Deposit(EMD) : Item No.I:- Rs.2,50,000/-(Rupees Two lacs fifty thousand only) Item No.II:- Rs.3,00,000/-(Rupees Three Lacs only) Item No.III:- Rs.8,50,000/- (Rupees Eight lacs fifty thousand only) Last date of submission of bids : 26.09.2019 Bid Increment amount : Rs.25,000/-, Rs.50,000/- and Rs.1,00,000/- for items No.I, II and III respectively. Debt Due with interest and cost : Rs.3,54,18,992 -/- (Rupees Three Crore Fifty Four lakhs Eighteen Thousand Nine Hundred and ninety two only ) is outstanding as on 31.07.2019 with further interests and expenses from 01.08.2019 till realization. Please give latest amount outstanding –facility wise with date Date & Time of inspection of : Please give two/three dates and time convenient to the property for intending branch. purchasers DESCRIPTION OF THE SECURED ASSETS: Item No.I:- All that piece and parcel of land admeasuring 1.21 ares of land with two storied residential building and all other improvements thereon in Sy.No.49/6 of Kadungallur village, Paravur Taluk, Ernakulam District in the name of Mr.P.K.Mohanan. Bounded On the North By: Property of Mr.Chellappan. On the East By: Property of Kunjan. On the South By:Private property On the West By:Road. Item No.II:- All that piece and parcel of land admeasuring 4.04 Ares of land and building and all the other improvement thereon in Sy.No.49/6 of Kadungallur village, Paravur Taluk, Ernakulam District in the name of Mr.P.K.Mohanan. Bounded On the North By: Property of Kunjan Pillai and Padmanabha Pillai. On the East By: Property of Velayudhan. On the South By:Way On the West By:Road Item No.III:- All that piece and parcel of land admeasuring 66.36 Ares and all other improvements thereon in Sy.No.323/1A/1, 317/1/44 & 323/2A/2B of Puthenvelikkara village, Parur Taluk, Ernakulam district in the name of Mr.P.K.Mohanan. Bounded On the North By: Property of Mr.Ayyappan. On the East By: Panchayath Road& Property of Cosmos Sunil. On the South By: property of Purushan , Mohanan and Ayyappan. On the West By : Property of Ayyappan. Details of encumbrances over the property, as known to the Bank: NIL Date and time of Auction : On 27.09.2019 between 11.00 AM and 04.00 PM with unlimited extension of “10”minutes i.e the end time of e- auction will be extended by 10 Minutes each time if bid is made within the last 10 minutes before closure of auction. The refundable EMD of Item No.I:-Rs.2,50,000/-(Rupees Two lacs fifty thousand only), Item No.II:-Rs.3,00,000/-(Rupees Three Lacs only),Item No.III:-Rs.8,50,000/- (Rupees Eight lacs fifty thousand only) shall be payable by interested bidders through NEFT/ RTGS/Funds Transfer on or before 05.00 PM on 26.09.2019 in A/c No.338301010037155, UNION BANK OF INDIA Binanipuram Branch through IFSC Code: UBIN0533831 or by DD/Pay order favouring Union Bank of India, Binanipuram Branch payable at Binanipuram , Ernakulam, Kerala. Bidders are advised to visit the Bank’s website: unionbankofindia.co.in for detailed terms and conditions of e-auction sale and other details before submitting their Bids for taking part in the e-auction. Bidder may also visit the website: https://ubi.auctiontiger.net of Service Provider M/s.e-Procurement Technologies Limited, A-801, Wall street II, OPP.Orient Club, Near Gujarat College, Ellis Bridge, Ahmedabad- 380006 Phone: 079-40230826/821/815/816/800 and contacting person: Shri Praveenkumar Thevar having mobile Number: 09722778828, E-mail: [email protected] and Shri Madhusudan Nair having mobile No.09686999578, E- mail:[email protected]. The terms and conditions of sale shall be strictly as per the provisions of The Security Interest Rules (Enforcement) Rules, 2002. The interested bidder may contact the Authorised Officer, Mr. Jithendra Digal , Chief Manager , Union Bank of India, Nodal Regional office, Ernakulam having office address at: 2nd Floor, Union Bhavan, M.G.Road, Ernakulam, Cochin -682035, Contact Number: Office :0484 2353969, Mobile:9834820624/9585909036 Email:[email protected] and Branch Manager, Mrs.Shanimol D, Union Bank of India, Binanipuram Branch at: Door No 461/D Panchayat Junction, Muppathadom PIN 683110, Aluva Taluk, Ernakulam District Contact number office:- 0484-2606302, Mobile: 9447050724, E mail:[email protected] for ascertaining the details of auction and inspection of property on the date mentioned as above. This may also be treated as notice u/r 8(6) of Security Interest (Enforcement) Rules, 2002 to the borrower/s and guarantor/s of the above said loans about the holding of E-Auction Sale on the above mentioned date, if their outstanding dues are not repaid in full. Authorised Officer, Union Bank of India, Binanipuram Branch Place:Ernakulam. Date:21.08.2019. TERMS & CONDITIONS OF ONLINE E- AUCTION SALE • 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. • 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. • 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. • Auction/bidding shall only be through “online electronic mode” through the website https://ubi.auctiontiger.net provided by the service provider M/s. e-Procurement Technologies Limited, A-801, Wall street,II, Opp.Orient Club, Near Gujarat College, Ellis Bridge, Ahmedabad- 380006 Phone : 079-40230826/821/815/816/800 and contacting person: Shri Praveenkumar Thevar having mobile Number: 09722778828 E mail: [email protected] and Shri Madhusudan Nair having mobile No.09686999578, E- mail:[email protected] who shall arrange & coordinate the entire process of auction through the e-auction platform. • 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. • For details, help, procedure and online bidding on e-auction prospective bidders may contact the Service Provider M/s.e-Procurement Technologies Limited , https://ubi.auctiontiger.net And their contacting officials: Shri Praveenkumar Thevar having mobile Number: 09722778828 E mail: [email protected] and Shri Madhusudan Nair having mobile No.09686999578, E- mail:[email protected]. • For participating in the e-auction sale the intending bidders (having valid address and identity proof and PAN Card) after submitting the Earnest Money Deposit should register their details with and submit their bid form to the service provider M/s. e-Procurement Technologies Limited on or before 26.09.2019 up to 05.00 P.M. well in advance and shall get the user id and password. Intending bidders are advised to change only the password immediately upon receiving it from the service provider. • For participating in e-auction, intending bidders have to deposit a refundable EMD for Item No.I:-Rs.2,50,000/-(Rupees Two lacs fifty thousand only), for Item No.II:-Rs.3,00,000/- (Rupees Three Lacs only), and for Item No.III:-Rs.8,50,000/- (Rupees Eight lacs fifty thousand only) by way of RTGS/NEFT/Funds Transfer to the credit of A/c No.338301010037155,Union Bank of India,Binanipuram Branch, through IFSC Code:UBIN0533831 or by DD/Pay order favouring Union Bank of India, Binanipuram Branch payable at Ernakulam, Ernakulam District, Kerala.
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