(भारत सरकार का उपम / A Govt of Undertaking) SD Road- Branch LG-1, 1-2-163, Bhuvana Towers, SD Road, Secunderabad-500003, Telanagana State. 040-23460162/163, 8008572200. E-AUCTION SALE NOTICE (For sale of immovable properties) UNDER SARFAESI ACT, 2002 E-Auction sale notice for sale of immovable assets under Securitization 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 borrowers and guarantors that the below described immovable properties mortgaged/charged to the secured creditor, the physical possession of which has been taken by authorised officer of union bank of India, secured creditor will be sold on “AS is where is”, “As is what is” and” whatever there is” on 10.01.2019 for recovery of the dues to the Union Bank of India, secured creditor from the below mentioned names of the borrowers and the guarantors. The details of the amounts dues in the accounts, description of the properties for auction, reserve price,EMD,date and time of auction, bid amount are mentioned are as under.

M/S.CMN INDUSTRIES PVT LTD, 1.Mrs.Rekha Valluri, Mr.Kuruma Narasimhulu, Sai Mahal Apartments 2.Mr.Ravi Shankar Valluri, House No.12-11-1530/01 Door.No.1-11-226/2 3.Mr.Varun Vallurui Plot No-22/J,SY.No-168, Shyamlal Building Lane, Directors of M/S CMN Industries Boudhnagar,Warasiguda, Road No.5,Begumpet, Pvt Ltd, Secunderabad, Secunderabad-500016 G-1 Sai Mahal Apartments, -500061. Telangana State. Road No-5,Begumpet, Secunderabad500016, Telangana.

S. Description of property and the Reserve EMD amount Date and Total Dues as No: name of the owner (if more Price and mode of time of of 31.10.2018 than one owner give all their payment online e- names) auction 1 Residential Building in House Rs.55.00 Rs. 550000 10.01.2019 Rs.8664134 No.12-11-1530/1,Plot lakhs By way of Between No.22/J,SY.No.168 situated at RTGS/NEFT/FU 11.00 AM Boudha Nagar, Warasiguda, ND TRANSFER to 12.00 Under GHMC, Secunderabad to the credit of PM with with an extent of 151 sq yards n account .no auto the name of Sri. Kuruma 3273019800500 extension by Narasimhlu. 00 5 minutes Boundaries:- Favouring- each time. North-H.No.12-11-1529 Secunderabad Date & Time South-H.No.12111530/2, branch. IFSC of Inspection East-Road, Code 02.01.2019 West-H.No.12-11-1512 UBIN0532738 02.00 PM to 04.00 pm Bid Increase Last Date for Amount Submission Rs.10000 of Bid thereof or in Amount such multiples. 08.01.2019 by 05.00 pm

TERMS AND CONDITIONS OF ONLINE E-AUCTION SALE

1. 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.

2. 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.

3. 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.

4. 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 Ahmadabad , For details, help, procedure and online bidding on e-auction prospective bidders may contact the Service Provider and Contact details are as follows: Toll Free Number: 18001035342 or Mr. Bhaskar D. Mobile 91 8341410158() Email Id:[email protected] and [email protected].

5. 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.

6. After expiry of the last date of submission of bids with EMD, Authorised Officer shall examine the bids received by him and confirm the details of the qualified bidders (who have quoted their bids over and above the reserve price and paid the specified EMD with the Bank) to the service provider M/s e-Procurement Technologies Limited to enable them to allow only those bidders to participate in the online inter se bidding /auction proceedings at the date and time mentioned in E-Auction Sale Notice.

7. Inter se bidding among the qualified bidders shall start from the highest bid quoted by the qualified bidders. During the process of inter se bidding, there will be unlimited extension of “5” minutes each, i.e the end time of e- auction shall be automatically extended by 5 Minutes each time if bid is made within 5 minutes from the last extension.

8. Bids once made shall not be cancelled or withdrawn. All bids made from the user id given to bidder will be deemed to have been made by him alone.

9. Immediately upon closure of E-Auction proceedings, the highest bidder shall confirm the final amount of bid quoted by him BY FAX both to the Authorised Officer, Union Bank of India, Secunderbad Branch, Hyderabad and the Service Provider for getting declared as successful bidder in the E-Auction Sale proceedings.

10. For participating in the e-auction the intending bidders have to submit auction application from along with payment of EMD of 10% of the reserve price of the property (each Property) concerned through RTGS/NEFT/Funds Transfer to the credit of A/c No: 327301980050000, Union Bank of India, Secunderabad Branch, Hyderabad through IFSC Code No. UBIN0532738 or by DD/ Pay order favouring Union Bank of India, Secunderabad Branch, payable at Hyderabad.

11. The successful bidder shall deposit 25% of the bid amount (including EMD) on the same day of the sale, being knocked down in his favour and balance 75% of bid amount within 15 days from the date of sale. In case of default in payment of above stipulated amounts by the successful bidder / auction purchaser within the stipulated time, the sale will be cancelled and the amount already paid (including EMD) will be forfeited and the property will be again put to sale.

12. Municipal / Panchayat Taxes, Electricity dues (if any), GST, TDS has to be paid by the successful bidder before issuance of the sale certificate. Bids shall be made taking into consideration of all the statutory dues pertaining to the property.

13. Sale Certificate will be issued by the Authorised Officer in favour of the successful bidder only upon deposit of entire purchase price / bid amount and furnishing the necessary proof in respect of payment of all taxes / charges.

14. Applicable legal charges for conveyance, stamp duty, registration charges and other incidental charges shall be borne by the auction purchaser.

15. The Authorized officer may postpone / cancel the E-Auction Sale proceedings without assigning any reason whatsoever. In case the E-Auction Sale scheduled is postponed to a later date before 30 days from the scheduled date of sale, it will be displayed on the website of the service provider.

16. The decision of the Authorised Officer is final, binding and unquestionable.

17. All bidders who submitted the bids, shall be deemed to have read and understood the terms and conditions of the E-Auction Sale and be bound by them.

18. The terms and conditions of sale shall be strictly as per the provisions of the Security Interest Rules (Enforcement) Rules, 2002.

For further clarifications / Perusal of copies of title deeds and other details please contact The Authorised Officer, Union Bank of India, Secunderabad Branch, 1-2-163, LG-1,,Bhuvanas Towers, Sarojini Devi Road, Secunderabad, Telangana.040-23460162,163,8008572200.

Date: 05.12.2018 Place: Hyderabad Authorised Officer Union Bank of India Secunderabad Branch STATUTORY 30/15 DAYS SALE NOTICE UNDER RULE 8(6)/RULE 9(1) OF SECUIRTY INTEREST ENFORCEMENT RULES 2002. This may also be treated as notice u/r under rule 8(6)/rule 9(1) of Security Interest Enforcement rules ,2002 to the borrowers/and guarantors of the said loan about the holding of E-Auction sale on the above mentioned date.