Indian Overseas Bank Oppanakkara Street Branch 574, Oppanakkara Street, Coimbatore Phone: 0422 2398485 Tamil Nadu Pin 641 001 E-Mail [email protected] by REGD

Indian Overseas Bank Oppanakkara Street Branch 574, Oppanakkara Street, Coimbatore Phone: 0422 2398485 Tamil Nadu Pin 641 001 E-Mail Iob0131@Iob.In by REGD

Indian Overseas Bank Oppanakkara Street Branch 574, Oppanakkara Street, Coimbatore Phone: 0422 2398485 Tamil Nadu Pin 641 001 e-mail [email protected] BY REGD. POST WITH AD (Issued under Rule 8(5) and 9(1) of the Security Interest (Enforcement) Rules2002) Place: Coimbatore Date: 24.07.2019 To 1. M/s.Surabhi Steel Tubes Private Ltd., 6. Mr. M H Anwar Sadath, Admin Office:”Surabhi” 14/690,691 RS No.75/7, Old No.9/2, Stadium Bus stand road, Maruthancode Village, Kalmandapam Palakkad-678007 Palakkad – 678001 7. Mrs. Thazni Ziaudeen, 2. M/s. Surabhi Ispat Private Ltd., Plot No.21, Admin Office:”Surabhi” 14/690,691 Chandra Nagar Colony, Stadium Bus stand road, Kunnanur, Kalmandapam Maruthancode Village, Palakkad – 678001 Palakkad-678007 3. Surabhi Steel Casting Private Ltd. 8. Mrs. Barsana Anwar Sadath , 17/3, Nishana Manzil RS No.75/7, Old No.9/2 Kunnathurmedu PO Maruthancode Village, Palakkad-678001 Palakkad-678007 4. Mr. Lalgi, 9. Mrs. Raffia Shahabudeen, Aiswarya Nivas, 1/384, Thattamangalam Punnapuzha North, Chittur Road, Palakkad-678102 Alapuzha ,Kerala – 688014, 10. Mr. S Noor Mohammed, 5. Mr. M A Ziaudeen, D. No.XXV/29, Plot No.21, Coimbatore Road, Chandra Nagar Colony, Palakkad-678103 Kunnanur, 11. Mrs. Nila Ferunissa, Maruthancode Village, 19/297, Thazni Mansil, Palakkad-678007 Thattamangalam, Palakkad-678102 12. Mrs. Saheeda Begum, 13. Mr. M A Shahabudeen, SF No. 2391/2, New Road, 1/384, Thattamangalam, (Off) Thattamangalam, Chittur Road, Palakkad-678102 Chittur Road Palakkad,-678013 Sir,

1. This has reference to recovery actions initiated against you under the provisions of the SARFAESI Act 2002. 2. Please refer to the possession notice dated 15.10.2015 issued to you regarding taking possession of the secured assets at more fully described in the schedule below and the publication of the said possession notice in The New Indian Express, DAILY Thanthi and Deepika on 19.10.2015 by the undersigned for the purpose of realization of the secured assets in exercise of the powers conferred on the bank as Secured Creditor under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act,2002 and the Rules there under. 3. You the above named borrowers / mortgagors / guarantors have failed to pay the dues in full save and except payments amounting to Rs. 486.37 lacs after issuance of demand notice dated 15.10.2014. Hence it is proposed to sell the secured assets mentioned in the Schedule below on “as is where is” and “as it is what is” condition under Sec 13(4) of the Act read with Rules 8 & 9 of the Security Interest (Enforcement) Rules, 2002. 4. After appropriating the aforesaid repayments, the dues in the loan account as on 24.07.2019 is SL No. Name of the Account Total Dues as on 24.07.2019 1. M/s Surabhi Ispat Pvt. Ltd. Rs. 18,92,88,783.00 2. M/s Surabhi Steel Tubes Pvt. Ltd. Rs. 14,21,49,961.74 3. M/s Surabhi Steel Castings Pvt. Ltd. Rs. 6,06,86,661.75 along with further interest at contractual rates and rests, besides costs / charges incurred till the date of repayment in full. We hereby give you notice of 15 days that the below mentioned secured assets shall be sold by the undersigned on 19.08.2019 between 11.00 AM and 1.00 pm hours with auto extension of 5 minutes through e- auction using http://www.matexauctions.com

SCHEDULE Property 1: All that part and parcel of the land and residential building property in the name of Mrs. Thazni W/o Mr. Ziaudeen at SF No. 17/2 part, New SF no. 161/8, Plot No.21, Chandra Nagar Colony, Kunnanur, Marutharode Village, Palakkad with land measuring 23.40 cents and building with a constructed area of 4771 sq ft (GF 2508+FF 1703 and SF 560 sq ft) with all other amenities and items within the registration district of Palakkad

Bounded

On the North by MA Abdul Khadar House (Plot no.20) On the South by Vijayan House (Plot no.22) On the East by Vijayakumar House (No.33) On the West by 7m Society Road UPSET PRICE Rs. 2,38,00,000.00 EMD: Rs. 23,80,000.00 Property 2: All that part and parcel of the land and residential building property in the name of Mrs. Barsana W/o Mr. Anwar Sadath at RS No.75/7, Old S.No. 9/2, at Chandra Nagar, Marutha Road Village, Palakkad (block 38) with land measuring 19.75 cents and building 5500 sq ft (Gf 4500 and FF 1000 sq ft) with all amenities and items within the registration district Palakkad.

Bounded

On the North by Mr. Noorudeen property On the South by Drainage and Panchayat Road On the East by Mr. Ajith property On the West by Mr. Anand Nair property UPSET PRICE Rs. 1,06,00,000.00 EMD: Rs.10,60,000.00 Property 3: All that part and parcel of the land and residential house property in the name of Mrs. Rafia W/o Mr Shahabudheen at Door No.1/384 with SF No. 437 & 431 with resurvey no. 11/9, 10/2 and 10/3 of Thathamangalam Village, Chittur Taluk and Palakkad District land measuring 35 cents and building GF 465 sq mt and FF 315 sq mt within the registration district Palakkad

Bounded

On the North by Chittor River and owners’ adjacent compound On the South by Road On the East by House of Yusuf and others On the West by House of Polani and Noor Mohamed UPSET PRICE Rs. 2,88,00,000.00 EMD: Rs. 28,80,000.00 Property 4 : All that part and parcel of the land and residential house building property in the name of Mr. Noor Muhammed at Door No.25/29, Coimbatore Road, Fort Maidan,Palakkad with SF No.3301/01 of Village Palakkad III of Palakkad Taluk and District with land measuring 20.81 cents and building GF 185 sq mt+ FF 165 sq mt and a shop with AC sheet 55 sq mt with all amenities and enclosures within the registration district of Palakkad

Bounded

On the North by Coimbatore Road On the South by Sukumaran Nair property On the East by Dr.Kumar/Fort Avenue Apartment complex On the West by Advocate Damodaran property UPSET PRICE Rs. 3,78,00,000.00 EMD: Rs.37,80,000.00 Property 5: All that part and parcel of the vacant land property in the names of M/s Shahabudheen, Ziaudeen, S Rafia, S Thazni, S Barsana and PM Nilaferunisa at SF No. 304/1,5 & 6 of Kanddy II Village, Palakkad Taluk and District measuring 86.45 cents within the registration district of Palakkad Bounded as follows (total 6 properties and total extent measuring 86.45 cents) S Barsana S Rafia On the North by 4 m Road Barsana property On the South by Rafia property Raju property On the East by Shahabudheen property Shahabudheen property On the West by PWD Road PWD Road (11.05 cents) (10.65 cents)

Shahabudheen Ziaudeen On the North by Item II Kittu Achan property On the South by Varunny property SF No.304/5 On the East by Ziaudeen property SF No.304/7, 304/8 On the West by Raju Barsana& Rafia Shahabudeen,Nilaferbanu (23.10 cents) (18.00 cents)

PM Nilaferunsia S Thazni On the North by Kittu Achan property Ziaudeen property On the South by Sech II property Varunny/Ziaudeen prop On the East by Ziaudeen property Babu,Benny,Baby,Unni On the West by HaridasanKrishnanValsala Varuny/Ziaudeen prop (13.5 cents) (10.15 cents)

UPSET PRICE Rs. 2,36,00,000.00 EMD: Rs.23,60,000.00 Property 6: All that part and parcel of the land and building property in the name of M/s.Rafiya, Barsana and Thazni at Surabhi Esteem, RS No.47/1, Ward No.4, Block 1, T.P.no.906, Pirayiri Amsom, Palakkad with SF No: R.C SF No.47/1 of Palakkad Taluk and District with land measuring 15.58 cents (14.50 cents+1.08 cents) and building measuring GF 2150 sq ft+ FF 3600 sq ft+ SF 3700 sq ft+ 3rd floor 3700 sq ft + 4th floor 3700 sq ft total measuring 16850 sq ft with all amenities and enclosures and property within the registration district of Palakkad

Bounded Doc.No.4776/2008 Doc.No.550/2009 On the North by Abdul Salam property Bye-pass road On the South by Pirayiri road Assignor’s remaining prop On the East by Kannikkamatha property Assignor’s property On the West by Abdul Salam’s 4.30 mt broad land bye-pass road & Bye-pass road

UPSET PRICE Rs. 4,35,00,000.00 EMD: Rs.43,50,000.00 Property 7:

All that part and parcel of the property consisting factory land and building of M/s Surabhi Steel Tubes P Ltd., at Survey No. SF No.410/P, 411/1 & 2 P, of Pudussery Village, with Door No.VIII/603 A, New Industrial Development Area, Kanjikkode Industrial Area, Palakkad 678103 within the registration District Palakkad with site measuring 100 cents and factory building of AC sheet 1580 sq ft

Bounded On the North by River On the South by Road On the East by Surabhi Steel Castings factory On the West by Land allotted to Katija W/o shafi

UPSET PRICE Rs. 96,00,000.00 EMD: Rs.9,60,000.00

Property 8:

The Plant and machineries installed in the factory of M/s Surabhi Steel Tubes P Ltd Sl no. Description Quantity Mfr. Year

1. Weigh Bridge 1 2002

2. Transformer 1 2002

3. Electrical fittings, Control Panel, Switch 2 2002 Boards, Capacitors, Circuit Breaker

4. EOT Crane with Girder 1 2002

UPSET PRICE Rs. 10,00,000.00 EMD: Rs.1,00,000.00 Property 9:

All that part and parcel of the property consisting factory land and building of M/s Surabhi Steel Castings P Ltd., at Survey No. SF No.410/P, 411/2 & 3, of Pudussery Village, with Door No.VIII/603 B, New Industrial Development Area, Kanjikkode Industrial Area, Palakkad 678103 within the registration District Palakkad with site measuring 200 cents and factory building of AC sheet 1887 sq ft

Bounded On the North by River On the South by Road On the East by Property of Saravana Steel On the West by Surabhi Steel Tubes P Ltd UPSET PRICE Rs. 1,60,00,000.00 EMD: Rs.16,00,000.00

Property 10:

The Plant and machineries installed in the factory of M/s Surabhi Steel Castings P Ltd., at Survey No. SF No.410/P, 411/2 & 3, NIDA, kanjikode, Palakkad 678103. Sl no. Description Quantity Mfr. Year

1. Reheating Furnace – Pusher Type 2 2002 & 2004

2. Motor with all accessories 3 2002, 2004 & 2014

3. Rolling mill stand with accessories 2 2002, 2004

4. Reduction gear, Pinion Gear 1 2002

5. Gear couplings, Fibre bearings etc 2 2002, 2004

6. Pollution control equipment, Chimney, dust 1 2002 collectors, water scrubber, continous monitoring system, gas cooler

7. Air compressor 1 2004

8. Transformer 2 2002

9. Electrical fittings, Control Panel, Switch 2 1996, 2004 Boards, Capacitors, Circuit Breaker

10. Reduction gear, Pinion Gear, Fly wheel 25T, Set 2014 rotary shear machine, scrap shear machine, cooling tower, TMT Box etc.

UPSET PRICE Rs. 78,00,000.00 EMD: Rs.7,80,000.00

Property 11:

All that part and parcel of the vacant land property(industrial and residential) in the names of M/s Nilaferuneesa, S Barsana and S Rafiya measuring 32.31 cents at SF No. 258/4 of Kanddy II village, Palakkad Taluk and District within the registration district of Palakkad

Bounded

On the North by Property of Chandran On the South by Property of Amala Hospital On the East by Property of Narayanaswamy On the West by Property of Amala Hospital

UPSET PRICE Rs. 84,00,000.00 EMD: Rs.8,40,000.00

Yours Faithfully

Authorised officer

Indian Overseas Bank Oppanakkara Street Branch 574, Oppanakkara Street, Coimbatore Phone: 0422 2398485 Tamil Nadu Pin 641 001 e-mail [email protected]

SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES

[Under Proviso to Rule 8(6) of Security Interest (Enforcement) Rules]

To 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 to the Secured creditor, the constructive/physical possession of which has been taken by the Authorised Officer of Indian Overseas Bank Secured Creditor, will be sold on “As is where is” “As is what is” and “Whatever there is” on 19.08.2019for recovery of Rupees as detailed below due to the Secured Creditor from 1) M/s Surabhi Ispat Pvt. Ltd. 2) M/s Surabhi Steel Tubes Pvt. Ltd. And 3) M/s Surabhi Steel Castings Pvt. Ltd. and (1) Mr. Lalgi, Aiswarya Nivas, Punnapuzha North, Alapuzha ,Kerala – 688014,(2) Mr. M A Ziaudeen, Plot No.21, Chandra Nagar Colony, Kunnanur, Maruthancode Village, Palakkad.(3). Mr. M H Anwar Sadath, RS No.75/7, Old No.9/2, Maruthancode Village,Palakkad,(4) Mrs. Thazni Ziaudeen, Plot No.21,Chandra Nagar Colony, Kunnanur, Maruthancode Village, Palakkad, (5) Mrs. Barsana Anwar Sadath ,RS No.75/7, Old No.9/2 Maruthancode Village, Palakkad,(6) Mrs. Raffia Shahabudeen,1/384, Thattamangalam Chittur Road, Palakkad,(7) Mr. S Noor Mohammed, D. No.XXV/29, Coimbatore Road, Palakkad,(8) Mrs. Nila Ferunissa,19/297, Thazni Mansil, Thattamangalam, Palakkad,(9) Mrs. Saheeda Begum, SF No. 2391/2, New Road,(Off) Thattamangalam,Chittur Road Palakkad,(10) Mr. M A Shahabudeen, 1/384, Thattamangalam, Chittur Road, Palakkad, (11) M/s Surabhi Ispat Pvt. Ltd, (12) M/s Surabhi Steel Tubes Pvt. Ltd, and (13) M/s Surabhi Steel Castings Pvt. Ltd.

The reserve price and the earnest money deposit will be as detailed below:

SL No. Name of the Account Total Dues as on 24.07.2019 1. M/s Surabhi Ispat Pvt. Ltd. Rs. 18,92,88,783.00 2. M/s Surabhi Steel Tubes Pvt. Ltd. Rs. 14,21,49,961.74 3. M/s Surabhi Steel Castings Pvt. Ltd. Rs. 6,06,86,661.75 Description of Immovable property

Bounded

UPSET PRICE Rs. 4,35,00,000.00 EMD: Rs.43,50,000.00 Property 7:

Bounded On the North by River On the South by Road On the East by Surabhi Steel Castings factory On the West by Land allotted to Katija W/o shafi

UPSET PRICE Rs. 96,00,000.00 EMD: Rs.9,60,000.00

Property 8:

The Plant and machineries installed in the factory of M/s Surabhi Steel Tubes P Ltd Sl no. Description Quantity Mfr. Year

5. Weigh Bridge 1 2002 6. Transformer 1 2002

7. Electrical fittings, Control Panel, Switch 2 2002 Boards, Capacitors, Circuit Breaker

8. EOT Crane with Girder 1 2002

UPSET PRICE Rs. 10,00,000.00 EMD: Rs.1,00,000.00 Property 9:

Bounded On the North by River On the South by Road On the East by Property of Saravana Steel On the West by Surabhi Steel Tubes P Ltd UPSET PRICE Rs. 1,60,00,000.00 EMD: Rs.16,00,000.00

Property 10:

The Plant and machineries installed in the factory of M/s Surabhi Steel Castings P Ltd., at Survey No. SF No.410/P, 411/2 & 3, NIDA, kanjikode, Palakkad 678103. Sl no. Description Quantity Mfr. Year

11. Reheating Furnace – Pusher Type 2 2002 & 2004

12. Motor with all accessories 3 2002, 2004 & 2014

13. Rolling mill stand with accessories 2 2002, 2004

14. Reduction gear, Pinion Gear 1 2002

15. Gear couplings, Fibre bearings etc 2 2002, 2004

16. Pollution control equipment, Chimney, dust 1 2002 collectors, water scrubber, continous monitoring system, gas cooler 17. Air compressor 1 2004

18. Transformer 2 2002

19. Electrical fittings, Control Panel, Switch 2 1996, 2004 Boards, Capacitors, Circuit Breaker

20. Reduction gear, Pinion Gear, Fly wheel 25T, Set 2014 rotary shear machine, scrap shear machine, cooling tower, TMT Box etc.

UPSET PRICE Rs. 78,00,000.00 EMD: Rs.7,80,000.00

Property 11:

Bounded

On the North by Property of Chandran On the South by Property of Amala Hospital On the East by Property of Narayanaswamy On the West by Property of Amala Hospital

UPSET PRICE Rs. 84,00,000.00 EMD: Rs.8,40,000.00

For detailed terms and conditions of the sale, please refer to the link provided in Indian Overseas Bank website i.e. www.iob.in [http://www.iob.in/TenderDetails.aspx?Tendertype=E_auction] & www.matexauctions.com

Date: 24.07.2019 Authorised Officer

Place: Coimbatore

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This may also be treated as a Notice under Rule 8(6) / Rule 9(1) of Security Interest (Enforcement) Rules 2002 to the borrower/s and guarantor/s of the said loan about holding of e-auction on the above mentioned date 19.08.2019 between 11.00 A.M. to 01.00 P.M. with Date and time of e-auction auto extension of 5 minutes each till sale is completed.

Property 1 : UPSET PRICE Rs. 2,38,00,000.00 Property 2 : UPSET PRICE Rs. 1,06,00,000.00 Property 3 : UPSET PRICE Rs. 2,88,00,000.00 Property 4 : UPSET PRICE Rs. 3,78,00,000.00 Property 5 : UPSET PRICE Rs. 2,36,00,000.00 Reserve Price Property 6 : UPSET PRICE Rs. 4,35,00,000.00 Property 7 : UPSET PRICE Rs. 96,00,000.00 Property 8 : UPSET PRICE Rs. 10,00,000.00 Property 9 : UPSET PRICE Rs. 1,60,00,000.00 Property 10 : UPSET PRICE Rs. 78,00,000.00 Property 11 : UPSET PRICE Rs. 84,00,000.00 Property 1 : EMD: Rs. 23,80,000.00 Property 2 : EMD: Rs.10,60,000.00 Property 3 : EMD: Rs. 28,80,000.00 Property 4 : EMD: Rs.37,80,000.00 Property 5 : EMD: Rs.23,60,000.00 Earnest Money Deposit Property 6 : EMD: Rs.43,50,000.00 Property 7 : EMD: Rs.9,60,000.00 Property 8 : EMD: Rs.1,00,000.00 Property 9 : EMD: Rs.16,00,000.00 Property 10 : EMD: Rs.7,80,000.00 Property 11 : EMD: Rs.8,40,000.00 Deposit through EFT/NEFT/ RTGS Transfer in favour of “The Authorized Officer” to the credit of A/C EMD Remittance No. 013002000070007, Indian Overseas Bank, Gandhipuram Branch, 11/953, Cross Cut Road, Gandhipuram, Coimbatore – 641012 Branch Code: 0130, IFS Code: IOBA0000130

Bid Multiplier Rs. 1,00,000/- (Rupees One Lakh Only)

All working days between 05.08.2019 to Inspection of property 17.08.2019 (during office hours) Submission of online application for 05.08.2019 onwards bid with EMD

Last date for submission of online 17.08.2019 up to 5.00 P.M. application for BID with EMD

Known Encumbrance if any NIL

*Outstanding dues Rs……….. of Local Self Government(Property NIL as per the available information Tax, Water sewerage, Electricity Bills etc) *Bank’s dues have priority over the Statutory dues.

Terms and Conditions 1. The property(ies) will be sold by e-auction through the Bank’s approved service provider M/s Matexnet Pvt. Ltd. under the supervision of the Authorized Officer of the Bank. 2. E-auction bid document containing online e-auction bid form, declaration, general terms and conditions of online auction sale are available in http://matexauctions.com. 3. Intending bidders shall hold a valid digital signature certificate and email address and should register their name / account by login to the website of the aforesaid service provider. They will be provided with user id and password by the aforesaid service provider which should be used in the e-auction proceedings. For details with regard to digital signature, please contact the service provider at the below mentioned address/phone no/e-mail. 4. Bids in the prescribed formats shall be submitted “online” through the portal http://matexauctions.com along with the EMD & scanned copy of KYC documents including photo, PAN Card & address proof to the service provider and the Authorised Officer before 5.00 PM on 17.08.2019. 5. The EMD and other deposits shall be remitted through EFT / NEFT / RTGS to the Bank account as specified above and the amount of EMD paid by the interested bidder shall carry no interest. The amount of EMD paid by the successful bidder shall be adjusted towards the sale price. 6. Bids without EMD shall be rejected summarily. 7. Online auction sale will start automatically on and at the time as mentioned above. Auction / bidding will initially be for a period of 120 Minutes with auto extension time of 5 minutes each till the sale is concluded. 8. The property shall be sold to the successful bidder. The successful bidder (purchaser) as declared by the Authorised Officer shall deposit 25% of the sale price (inclusive of the EMD) immediately on the same day and not later than the next working day. The balance amount of sale price shall be paid within 15 days from the date of confirmation of auction sale. Failure to remit the entire amount of sale price within the stipulated period will result in forfeiture of deposit of 25% of the bid price to the secured creditor and forfeiture of all claims over the property by the purchaser and the property will be resold. 9. The sale certificate will be issued in the name of the purchaser only, after payment of the entire sale price amount and other taxes/charges, if any. 10. The purchaser shall bear the charges/ fee payable for conveyance such as registration fee, stamp duty, etc., as applicable as per law. 11. The Authorized Officer has the absolute right to accept or reject any bid or postpone or cancel the sale, as the case may be without assigning any reason whatsoever. 12. The property is being sold on ‘as is where is’ and ‘as is what is’ basis. The Bank has disclosed only the known encumbrances, statutory liabilities, if any, as above and it is for the purchaser to make their own independent enquiries at their own costs before participating in the auction. 13. As regards the statutory dues stated above, Bank dues will have priority over statutory dues. Without prejudice to the above, statutory liability, if any, shall be borne by the purchaser and the Bank assumes no responsibility in this regard. 14. Sale is subject to confirmation by the secured creditor. 15. EMD of unsuccessful bidders will be returned through EFT / NEFT / RTGS to the bank account details provided by them in the bid form and intimated via their e- mail id. 16. The e-Auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation by the bank. The Authorised Officer/Secured Creditor shall not be responsible in any way for any third party claims / rights / dues. * In compliance with Section 194 IA of the Income tax Act, 1961 income tax @ 1% on the Reserve Price shall be deducted and paid under the PAN Number of the Purchaser. Since the Tax has been calculated only on the Reserve Price, the bidder shall bear the 1% income tax on the bid multiplier amount and the Bank shall not take any responsibility for the same. *In case of any sale / transfer of immovable property of Rupees Fifty lakhs and above, the transferee has to pay an amount equal to 1% of the consideration as Income Tax.

For further details regarding inspection of property / e-auction, the intending bidders may contact the Branch Manager, Indian Overseas Bank Oppanakara Street Branch, 574, Oppanakara Street, Coimbatore – 641001 during office hours, Phone no. 0422- 2398485 or the Bank’s approved service provider M M/s Matex Net Pvt. Ltd. Phone no. 0422 4980191, e- mail-id: [email protected] or [email protected] Mob. No. 099441717360.

PLACE: COIMBATORE Authorised Officer

DATE: 24.07.2019