Stressed Assets Management Branch Flat No. 104, 1st floor H.No.6-3-639/640/642 Golden Edifice Complex Khairathabad Hyderabad – 500 004 –Tel:04023322157 E-mail:
[email protected] E –Auction sale notice under SARFAESI Act 2002 * Sale of immovable/movable assets under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as the Act). Notice is hereby given to the public in general and to the Borrower/s and Guarantor/s in particular that the under mentioned property mortgaged to Syndicate Bank, the possession of which had been taken by the Authorised Officer of the Bank under Section 13(4) of the Act will be sold by E- Auction as mentioned below for recovery of under mentioned dues and applicable interest, charges and costs etc as detailed below. The property described below is being sold on “AS IS WHERE IS, WHATEVER THERE IS AND WITHOUT RECOURSE BASIS” under the rule no. 8 & 9 of the Security Interest (Enforcement) Rules (hereinafter referred to as the rules) for the recovery of the dues detailed as under: Borrower/Name & address. Guarantors: M/s Venkatadri Spinning Mills Pvt Ltd 01. Sri Mandapaka Srinivasa Rao, S/o Rep. by its M.D Mandapaka Srinivasa rao M Nageswara Rao, Tholeru Village, Registered Office at: Veeravasaram Mandal, West D No 7/248, Ammigunta Area Godavari Dist Chikkala Village, Chagallu Mandal 02. Sri Mandapaka Rambabu, S/o M West Godavari Dist, A.P. – 534342 Nageswara Rao, Tholeru Village, Veeravasaram Mandal, West Godavari Represented by its Dist 03.