3/4/2021 View Auction
Basic Information
E-Sale ID : A0131
Asset Type : Immovable
Property Type : Land,Building, Plant & Machinery
Name of the Unit : Essar Metal Sand
Owner Information
Name of the Owner : Ratheesh M.R
Address 1 : Malayampurathupady (H),
Address 2 : Perumani, Vengola P.O,
City : Perumbavoor
Taluk : Kunnathunadu
District : Ernakulam
State : Kerala
Country : India
Pin code : 683554
Type of facility Sanctioned : 683554
Total Liability : 38189233
Total Liability is as on : 2020-11-18
Asset Information
Address 1 : Essar Metal Sand, www.kfcauction.org/keralafc_admin/print_preview_auction.php?a=A0131 1/5
3/4/2021 View Auction Address 2 : Cheenikkuzhy, North Mazhuvannoor P.O
City : Perumbavoor
Taluk : Kunnathunadu District : Ernakulam
State : Kerala
Country : India
Pin code : 686689
All that part and parcel of land ad measuring 44.11 Ares, together with factory building comprising of total area of 3,260 Sq. ft. and office building comprising of total area of 1,022 Sq. ft. and all other things attached thereto, comprised in R.S.No: 270/8 and 270/5 of Mazhuvannoor village, Kunnathunadu Taluk, Ernakulam District and situated in Mazhuvannoor Panchayat/Municipality, with following boundaries:-
Re.Sy. No: 270/8 Re.Sy. No: 270/5 Description of the Property : Item No: I Item No: II Properties of Kandanadan East Panchayath Road Mathai and Eliyas Property of Kandanadan North Vazhy and property of Jose Joseph Kuriakose Properties of Vattappara Property of Kandanadan West Pavithran and Megha Granites Joseph Kuriakose Private Road and Item South Property of Raman No.1
Terms & Conditions : I. GENERAL CONDITIONS 1. The e-sale/auction shall be registered online only. 2. The e- sale/auction could be made for the purchase of the whole unit/industrial concern or for the movable/ immovable assets like Land & Building and machinery or Vehicles etc. separately. If bids are submitted for Machinery alone the same shall be considered subject to the possibility of the Machinery being dismantled and removed without affecting its condition, and it shall be at the risk of the bidder. 3. Inspection of the Properties ie, the Industrial concern notified for e-sale or part thereof shall be allowed at specified time by the authorised officer of the Corporation and the interested parties are free to have the inspection before submitting e-bids. 4. The bids shall be received only till the time specified in the notification/advertisement mentioned and shall be submitted with Bid key provided against the asset ID specified. The bid is opened automatically for e- sale/auction on the bid opening date and time. 5. The Corporation is free to accept or reject any bids without assigning reasons. The Corporation also reserves the right to postpone or cancel the e- sale/auction or bid and to re-tender or re-auction or to negotiate with the tenderors or with anybody interested to purchase the unit or properties involved who offers better terms. 6. Once an e-sale/e-auction is confirmed the tenderer or the party in whose favour the sale is decided shall remit a minimum of 25% (Twenty five percent) of the e-sale value or amount so specified/agreed, upon with the Corporation, within 7 (seven) days of the confirmation or on the date so specified in the auto www.kfcauction.org/keralafc_admin/print_preview_auction.php?a=A0131 2/5
3/4/2021 View Auction mail/SMS of confirmation. E M D will be adjusted against this amount. If the successful e-tenderor/e-bidder fails to make the payment as aforesaid and take delivery of the properties involved, the auto mail/SMS of confirmation shall stand revoked automatically and the E M D shall stand forfeited. Similarly if after making the advance as prescribed, the bidder fails to make further payment and get the deal settled, the advance so paid shall stand forfeited. The Corporation will then be free to retender and/or re-auction the industrial concern or part thereof or carry on negotiation at the risk of the e-tenderor and for any loss or damages caused in this account shall be recoverable from the e-tenderor/e-bidder/parties. 7. The balance 75% (Seventy five percent) of the bid amount will be deposited by the party within 30 (thirty) days of the confirmation. The unit/property/ machinery/Vehicle will be handed over only after the execution of the sale deed/sale note in favour of the bidder/e-tenderor or his nominee. In the case of deferred payment with approval of the Corporation in deserving cases the unit will be handed over only on sufficient collateral security and on the security of the industrial site sold. 8. Any outstanding dues on account of Electricity and water supply or other statutory dues, if any, shall be borne by the bidder and the Corporation shall not be responsible for the same. 9. The industrial concern/other assets (movable/immovable) or part thereof e-auctioned/sold by the Corporation will be in "as is where is condition" and the Corporation will not be responsible for any defect or damage caused or bad performance of any or whole of the property/assets/movable/immovable so sold. 10. It shall be the responsibility of the bidder to get the industrial land or building or both re-allotted to the purchaser by the appropriate authority in case of industrial Concern situated in any Industrial Estate, Mini Industrial Estate, Development Area, or Development Plot etc by payment of separate fees/value/usage charge/outright purchase money/lease rent etc as may be fixed by the concerned authority. 11. The sale deed/ sale note as the case may be shall be executed and registered by the Corporation at the expense of the bidder or purchaser. 12. The successful bidder shall have to deduct TDS applicable on the sale value or amount and submit a copy of the original receipt of TDS certificate of Corporation. 13. In the case of vehicles sold, the Corporation has no responsibility in the matter of permit, licence of any penalty imposed under law. The Corporation shall not be responsible for tax arrears if any due on the vehicle and it shall be the responsibility of the bidder to get the vehicle transferred in his name at his expense for which all necessary applications and forms will be signed and given to the purchaser by the Corporation. 14. The Corporation reserves the right to accept or reject the e- bids without assigning any reason whatsoever.
II. SPECIAL CONDITIONS SETFORTH BY THE ADMIN/AUTHORISED OFFICER.
Earnest Money Deposit : 1300000
Payment in favour of : Kerala Financial Corporation
DD payable at : DD payable at PERUMBAVOOR Account Details Account Number: 10030200023351 Bank Name: Federal Bank Branch Name: Perumbavoor IFSC: FDRL0001003 www.kfcauction.org/keralafc_admin/print_preview_auction.php?a=A0131 3/5
3/4/2021 View Auction EMD should be sent to : KERALA FINANCIAL CORPORATION, PERUMBAVOOR BRANCH OFFICE, SNDP SHOPPING COMPLEX, P.P.ROAD, PERUMBAVOOR, ERNAKULAM- 683542
Last Date and Time to submit the EMD : 2021-04-06 12:55:00 DD
Reserve Price : 25840000
Minimum Incremental Bid Amount : Rs. 5,000.00 (MIBA)
Provision for Upload the Image for Asset : Yes
Provision for Upload the Video for Asset : No
Auctioner Information
Name of the Auctioner : Kerala Financial Corporation
Name of the BO/ZO/Dept : PERUMBAVOOR
Name/Designation of the Contact Person : BRANCH MANAGER
Contact Numbers : 9447050126
Email Id : [email protected]
KERALA FINANCIAL CORPORATION, PERUMBAVOOR BRANCH Address : OFFICE, SNDP SHOPPING COMPLEX, P.P.ROAD, PERUMBAVOOR, ERNAKULAM- 683542
City : PERUMBAVOOR
District : Ernakulam
Pincode : 683542
Statuary Information
Whether Auction By Statuary Act ? : Yes
Title of the Act : section 29 of the SFC's Act
Demand Notice Date : 18-Nov-2020
Possession Notice Date :
Auction Publication Date :
Auction Published Newspapers Name & : Edition
E-Sale & Bid Information www.kfcauction.org/keralafc_admin/print_preview_auction.php?a=A0131 4/5
3/4/2021 View Auction Inspection Date :
e-Sale Opened Date & Time : 04-Mar-2021 13:00:00
e-Tender Opening Date & Time : 04-Mar-2021 13:00:00
e-Tender Closing Date & Time : 03-Apr-2021 13:00:00 e-
Bid Opening Date & Time : 03-Apr-2021 13:00:00
e-Bid Closing Date & Time : 06-Apr-2021 13:00:00 e-
Sale Closing Date & Time 06-Apr-2021 13:00:00
E-Tender No. of Days : 30
E-Bid No. of Days : 3
Posted By : Vijish J [ Department/BO - PERUMBAVOOR ]
Posted On : 04-Mar-2021 11:10
Modified By :
Modified On :
Current Status : Active
Remarks :
Name of Auction M/s e-Procurement Technologies Limited -Auction Tiger Agency Address B-704, Wall Street - II, Opp. Orient Club,Nr. Gujarat College, Ellis Bridge, Ahmedabad - 380006 Gujarat (India) HO Conduct Mr.Praveenkumar Thevar 9722778828 - 079 6813 6854/55/51 079-6813 Person 6800
Email address [email protected]
www.kfcauction.org/keralafc_admin/print_preview_auction.php?a=A0131 5/5