Retail Asset Central Processing Centre (RACPC

Home , Pudupakkam

Retail Asset Central Processing Centre (RACPC - Chennai) 16, Whannels Road Egmore, Chennai 600 008 PHONE: 28191094, 28191089, 28191087 FAX NO: 28191086, 28191090 Email: [email protected]

RACPC/SARFAESI/ DATE: 05.10.2019

Regd. Post with Ack. Card To Shri. R. Premnath, Shri. R. Premnath, S/o. Shri.Late. J. Ranganathan, S/o. Shri.Late. J. Ranganathan, No 163 & 164 Shri Abhisheka vally Flat No 301, 3rd Floor, D Sector, Block No. Street,Flats S-1, 2nd Floor, 31, Provident Cosmo City, Dr. Abdulkalam Rangarajapuram Main Road, Salai , Off Vandalur –Kelambakkam Road, Kodambakkam , Chennai-600024. Pudupakkam Village, Chengalpattu, Kancheepuram District. Shri.R.Premnath, S/o.Shri.Late.J.Ranganathan, Winsar Info Soft Pvt Ltd., No.66,1st Floor,Kasturba Nagar, 3rd Main Road, Adyar,Chennai-600 026.

Dear Sir/Madam,

Sub: Notice for Sale under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 & Security Interest (Enforcement) Rules, 2002.

HTL A/C NO: (HTL A/c No. 31391617925 & 34616008329)

Whereas, the Authorized officer had taken possession of the below mentioned properties on 18.07.2019, as per Sec 13 (4) of the Securitization and Reconstruction of Financial Assets and Enforcement of security Interest Act, 2002 (hereinafter called the Act) which has been offered as security by you towards your/borrower’s liabilities amounting to Rs.22,54,505/- (Rupees Twenty Two Lakhs Fifty Four Thousand Five Hundred and Five Only) as on 19.06.2019 and further interest from 20.06.2019 together with incidental expenses, cost, charges, etc.

Whereas you have failed to satisfy your/borrower’s liabilities to the bank even after receipt of notice under Section 13 (2) and section 13 (4) of the Act. Therefore the Bank in exercise of its rights granted under the Act and Rules, issues this notice under Rule 8 (6) (immovable) of the Security Interest (Enforcement) Rules, 2002, calling upon you to discharge in full liabilities amounting to Rs.23,51,992/- (Rupees Twenty Three Lakhs Fifty One Thousand Nine Hundred and Ninety Two only) as on 04.10.2019 and further interest from 05.10.2019 together with incidental expenses, cost, charges, etc. within 30 days from the date of this notice, failing which, the bank shall proceed under the Act with the sale of the secured properties to realize the above stated out standings, with interest and costs.

DESCRIPTION OF THE IMMOVABLE PROPERTY (1) SCHEDULE- “C” PART I (Movable Securities) NIL PART II (Immovable Security) SCHEDULE-“A”

(Entire land excluding the portion gifted for Road Widening and OSR requirement)

All that piece and parcel of land of an extent of 27.81 Acres Comprised in (a) Survey Nos.55,56/1,57/2 & 57/4 measuring 23.50 Acres, (b) Survey No.53/3 measuring 1.04 Acres,(c) Survey No.53/4 measuring 3.18 Acres,(d) Survey No.53/10B measuring 0.09 Acres, Situated at No.41 Pudupakkam Village, Chengalpattu Taluk, Kancheepuram District, Covered by latest Patta bearing No.2255 and 2259 and the land bounded on the:

North By : Road(earlier land in S.No.53/3 part and Survey No.55 part now gifted by the Vendor for road widening) South By : Land in part of Survey Nos.53/10A,53/6,52 and 44, East By : Road (earlier land in S.No.55 part, 56/1 part,57/4 part,57/2 part,57/3 and S.No.44 now gifted by the vendor for road widening) West By : Dr. Abdul Kalam Salai and partly by lands Comprised in S.No.53/10A, 53/6,53/8,53/9,52 and 44 part.

Situated within the Sub Registration District of Tiruporur and Registration District of Chengalpattu. SCHEDULE ‘B’

(Undivided Share of land hereby conveyed) 0.0440% (i.e., 532.87 Square feet) of undivided share and interest in all that piece and parcel of land more fully and particularly described in Schedule “A” Property.

SCHEDULE ‘C’

(Description of the Apartment constructed by the PURCHASER through the Developer)

A Three Bedroom apartment (Refer to the floor plan attached to the Construction agreement) bearing No.301 on the Third Floor in Sector D Block 31 of the residential complex known as “PROVIDENT COSMO CITY”(Refer to the Key plan attached to the Construction agreement) constructed in the Schedule –A Property, having a super built up area of 983 Square feet(which is inclusive of the floors, ceiling and walls between the apartments and proportionate share in all common areas and clubhouse area)

DETAILS OF SALE

Date & time of E-auction 12.11.2019,Tuesday,between11.00 a.m. to 12.00 p.m. * *with auto time extension of five minutes each till sale is completed. Reserve Price Rs.24,60,000/- (Rupees Twenty Four Lakhs Sixty Thousand only) Earnest Money Deposit Rs.2,46,000/- (Rupees Two Lakhs Forty Six (EMD) Thousand only) Deposit though Demand Draft in favour of “SBI EMD Remittance RACPC Egmore” to payable at Chennai Bid Multiplier (for all Rs.10,000/- (Rupees ten thousand only) properties) Inspection of properties 11.11.2019 from 11.00 a.m. to 4.00 p.m.

Submission of online bid 11.11.2019 from 11.00 a.m. onwards application with EMD Last date of submission of 11.11.2019 up to 4.00 p.m. online bid application with EMD

Yours faithfully,

Authorised Officer, State Bank of India, RACPC, Egmore.

Retail Asset Central Proceesing Centre (RACPC - Chennai) 16, Whannels Road Egmore, Chennai 600 008 PHONE: 28191094, 28191089, 28191087 FAX NO: 28191086, 28191090 Email: [email protected]

Date: 05.10.2019 E-AUCTION SALE NOTICE

SALE OF IMMOVABLE ASSETS CHARGED TO THE BANK UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002.

The undersigned as Authorized Officer of State Bank of India has taken over possession of the following properties u/s 13(4) of the SARFAESI Act. Public at large is informed that e-auction (under SARFAESI Act, 2002) of the charged properties in the below mentioned cases for realisation of Bank’s dues will be held on “AS IS WHERE IS BASIS and AS IS WHAT IS CONDITION” and on the terms and conditions specified hereunder.

Name of Outstanding Dues for Recovery Name of Borrower Guarantors of which Properties are Being Sold. Shri. R. Premnath, N.A. S/o. Shri.Late. J. Ranganathan, Rs.23,51,992/- (Rupees No 163 & 164 Shri Abhisheka vally Twenty Three Lakhs Fifty Street,Flats S-1, 2nd Floor, One Thousand Nine Rangarajapuram Main Road, Hundred and Ninety Two Kodambakkam , Chennai-600024. only) as on 04.10.2019.

Shri. R. Premnath, S/o. Shri.Late. J. Ranganathan, Flat No 301, 3rd Floor, D Sector, Block No. 31, Provident Cosmo City, Dr. Abdulkalam Salai , Off Vandalur –Kelambakkam Road, Pudupakkam Village, Chengalpattu, Kancheepuram District.

Shri.R.Premnath, S/o.Shri.Late.J.Ranganathan, Winsar Info Soft Pvt Ltd., No.66,1st Floor,Kasturba Nagar, 3rd Main Road, Adyar,Chennai-600 026

DESCRIPTION OF THE IMMOVABLE PROPERTY (1) SCHEDULE- “C” PART I (Movable Securities) NIL PART II (Immovable Security) SCHEDULE-“A”

(Entire land excluding the portion gifted for Road Widening and OSR requirement)

Situated within the Sub Registration District of Tiruporur and Registration District of Chengalpattu. SCHEDULE ‘B’

SCHEDULE ‘C’

(Description of the Apartment constructed by the PURCHASER through the Developer)

DETAILS OF SALE

Date & time of E-auction 12.11.2019,Tuesday, between 11.00 a.m. to 12.00 p.m. * *with auto time extension of five minutes each till sale is completed. Reserve Price Rs.24,60,000/- (Rupees Twenty Four Lakhs Sixty Thousand only) Earnest Money Deposit Rs.2,46,000/- (Rupees Two Lakhs Forty Six Thousand (EMD) only) Deposit though Demand Draft in favour of “SBI EMD Remittance RACPC Egmore” to payable at Chennai Bid Multiplier (for all Rs.10,000/- (Rupees ten thousand only) properties) Inspection of properties 11.11.2019 from 11.00 a.m. to 4.00 p.m.

Submission of online bid 11.11.2019 from 11.00 a.m. onwards application with EMD Last date of submission of 11.11.2019 up to 4.00 p.m. online bid application with EMD

Yours faithfully,

Authorised Officer, State Bank of India, RACPC, Egmore.

Terms and Conditions of the E-auction are as under:

1. E-Auction is being held on “AS IS WHERE IS” and “AS IS WHAT IS BASIS” and will be conducted “On Line”. The auction will be conducted through the Bank’s approved service provider M/s.e-Procurement Technologies Ltd (ETL) at the web portal https.//sbi.auctiontiger.net. E-Auction Tender Document containing online e-auction bid form, Declaration, General Terms and Conditions of online auction sale are available in websites www.sbi.co.in., https://sbi.auctiontiger.net & http://tenders.gov.in.

2..To the best of knowledge and information of the Authorized Officer, there is no encumbrance on the properties. However, the intending bidders should make their own independent inquiries regarding the encumbrances, title of properties put on auction and claims/ rights/ dues/ affecting the property, prior to submitting their bid. The e-auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation of the bank. The property is being sold with all the existing and future encumbrances whether known or unknown to the bank. The Authorized Officer/ Secured Creditor shall not be responsible in any way for any third party claims/ rights/ dues.

3. The intending purchasers / bidders are required to deposit EMD amount either through demand draft drawn in favour of State Bank of India RACPC Egmore, Chennai drawn on any Nationalized or Scheduled Bank.

4. Bidders shall hold a valid Digital Signature Certificate issued by competent authority and valid email ID (e-mail ID is absolutely necessary for the intending bidder as all the relevant information and allotment of ID & password by M/s e-Procurement Technologies Limited may be conveyed through e-mail).

5.The intending bidder should submit the evidence for EMD deposit like UTR number along with Request Letter for participation in the e- auction, self-attested copies of (i) Proof of Identification (KYC) viz. Voter ID Card/ Driving License/ Passport etc.,(ii) Current Address-Proof for communication, (iii) PAN card of the bidder, (iv) valid e-mail ID, (v) contact number (Mobile/Landline) of the bidder etc. to the Authorized Officer of STATE BANK OF INDIA, RACPC, EGMORE, Chennai, No.16, Whannels Road, Egmore, Chennai 600 008 on 11.11. 2019 up to 04.00 p.m. Scanned copies of the original of these documents can also be submitted to e-mail ID of Authorized officer.

6. Names of the eligible bidders, will be identified by the STATE BANK OF INDIA, RACPC EGMORE, Chennai to participate in online e-auction on the portal https.//sbi.auctiontiger.net. M/S. e-Procurement Technologies Ltd will provide User ID & Password after due verification of PAN of the Eligible Bidders. It shall be the responsibility of the interested bidders to inspect and satisfy themselves about the property before submission of the bid.

7. The e-Auction/bidding of above properties would be conducted exactly on the scheduled Date & Time as mentioned against each property by way of inter-se bidding amongst the bidders. The bidder shall improve their offer in multiple of the amount mentioned under the column “Bid Increment Amount” against each property. In case bid is placed in the last 5 minutes of the closing time of the e-Auction, the closing time will automatically get extended for 5 minutes. The bidder who submits the highest bid amount (not below the Reserve Price) on closure of e-Auction process shall be declared as Successful Bidder and a communication to that effect will be issued through electronic mode which shall be subject to approval by the Authorized Officer/ Secured Creditor.

8. The Earnest Money Deposit (EMD) of the successful bidder shall be retained towards part sale consideration and the EMD of unsuccessful bidders shall be refunded. The Earnest Money Deposit shall not bear any interest. The successful bidder shall have to deposit 25% of the sale price, immediately on acceptance of bid price by the Authorized Officer and the balance of the sale price on or before 15th day of sale or within such extended period as agreed upon in writing and solely at the discretion of the Authorized Officer. Default in deposit of amount by the successful bidder would entail forfeiture of the whole money, already deposited and property shall be put to re-auction and the defaulting bidder shall have no claim/ right in respect of property/ amount.

9. The prospective qualified bidders may avail online training on e-Auction from M/s. e- Procurement Technologies Ltd prior to the date of e-Auction. Neither the Authorized Officer/ Bank nor M/s. e-Procurement Technologies Ltd will be held responsible for any Internet Network problem/Power failure/ any other technical lapses/failure etc. In order to ward-off such contingent situation the interested bidders are requested to ensure that they are technically well equipped with adequate power back-up etc. for successfully participating in the e-Auction event.

10. The purchaser shall bear the applicable stamp duties/ additional stamp duty/ transfer charges, fee etc. and also all the statutory/ non-statutory dues, taxes, rates, assessment charges, fees etc. owing to anybody.

11.The Authorized Officer/Bank is not bound to accept the highest offer and has the absolute right to accept or reject any or all offer(s) or adjourn/ postpone/ cancel the e-auction or withdraw any property or portion thereof from the auction proceedings at any stage without assigning any reason there for.

12. The Sale Certificate will be issued in the name of the purchaser(s) / applicant (s) only and will not be issued in any other name(s).

13. The sale shall be subject to rules/ conditions prescribed under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.

14. This sale will attract the provisions of Sec 194-IA of the Income Tax Act.

For further details regarding other conditions of sale, the intending bidders may contact The Authorised Officer, State Bank of India, RACPC, Egmore, Chennai – 600008. Mobile: 9444444148. Ph: 044 – 28191087/89/94 or 87544 13110 the Bank’s approved service provider & mobile: M/s C1 India Pvt. Ltd. (Contact No. +919840446485), Email www.bankeauctions.com, [email protected],

Yours Faithfully,

Place: Chennai Date: 05.10.2019 Authorised Officer State Bank of India RACPC, Egmore

Retail Asset Central Processing Centre (RACPC - Chennai) 16, Whannels Road Egmore, Chennai 600 008 PHONE: 28191094, 28191089, 28191087 FAX NO: 28191086, 28191090 Email: [email protected]

SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES

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 6(2) 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 movable property hypothecated / charged to the Secured Creditor, the constructive (whichever is applicable) possession of which has been taken by the Authorised Officer State Bank Of India, the Secured Creditor, will be sold on “As is Where is”, As is What is” and Whatever there is” basis on 08.11.2019 (mention date of the sale), for recovery of Rs.23,51,992/- as on 04.10.2019 + Interest thereon with effects from 05.10.2019 + Expenses & Costs due to the secured creditor from Shri.R.Premnath. The reserve price will be Rs.24,60,000/- and the earnest money deposit will be Rs.2,46,000/- the latter amount to be deposited with the Bank, on or before 07.11.2019 up to 4.00 PM (mention the last date for receipt of EMD)

(Give short description of the immovable property with known encumbrances, if any) DESCRIPTION OF THE IMMOVABLE PROPERTY

Situated within the Sub Registration District of Tiruporur and Registration District of Chengalpattu. SCHEDULE ‘B’

SCHEDULE ‘C’

(Description of the Apartment constructed by the PURCHASER through the Developer)

Place : Chennai, AUTHORISED OFFICER, Date : 05.10.2019 State Bank of India, RACPC Egmore, Chennai-60008.

THE TERMS AND CONDITIONS OF SALE TO BE UPLOADED ON THE WEBSITE OF THE SECURED CREDITOR.

Property will be sold on “AS IS WHERE IS, AS IS WHAT IS AND WHATEVER THERE IS” basis

1 Name and address of the Shri. R. Premnath, Borrower S/o. Shri.Late. J. Ranganathan, Flat No 301, 3rd Floor, D Sector, Block No. 31, Provident Cosmo City, Dr. Abdulkalam Salai , Off Vandalur –Kelambakkam Road, Pudupakkam Village, Chengalpattu, Kancheepuram District.

2 Name and address of Branch, STATE BANK OF INDIA, RETAIL ASSET CENTRAL the secured creditor PROCESSING CENTRE (RACPC)16, WHANNELS ROAD, EGMORE, CHENNAI-600 008

3 Complete Description of the DESCRIPTION OF THE IMMOVABLE PROPERTY immovable secured assets to be sold. All that piece and parcel of land of an extent of 27.81 Acres Comprised in (a) Survey Nos.55,56/1,57/2 & 57/4 measuring 23.50 Acres, (b) Survey No.53/3 measuring 1.04 Acres,(c) Survey No.53/4 measuring 3.18 Acres,(d) Survey No.53/10B measuring 0.09 Acres, Situated at No.41 Pudupakkam Village, Chengalpattu Taluk, Kancheepuram District, Covered by latest Patta bearing No.2255 and 2259 and the land

bounded on the:

Situated within the Sub Registration District of Tiruporur and Registration District of Chengalpattu.

SCHEDULE ‘B’

SCHEDULE ‘C’

(Description of the Apartment constructed by the PURCHASER through the Developer)

4 Details of the encumbrances Flat Locked without occupation known to the secured creditor. 5 The secured debt for recovery Housing Term Loan of which the property is to be sold 6 Deposit of earnest money EMD: Rs.2,46,000/- being the 10% of Reserve price to be remitted by Demand Draft draw in favour of SBI account (State Bank of India, RACPC, Egmore) Name of the Branch drawn on any Nationalised or Scheduled Bank 7 Reserve price of the Rs.24,60,000/- immovable secured assets:

EMD to be remitted by way of In Favour of Demand Draft STATE BANK OF INDIA, RACPC EGMORE

Last Date and Time within Time : From 11.00 A.M. 4.00 P.M Date : 11.11.2019 which EMD to be remitted: 8 Time and manner of payment The successful bidder shall deposit 25% of sale price, after adjusting the EMD already paid, immediately i.e. on the same day or not later than next working day, as the case may be, after the acceptance of the offer by the Authorised Officer, failing which the earnest money deposited by the bidder shall be forfeited. The Balance 75% of the sale price is payable on or before the 15th day of confirmation of sale of the secured asset or such extended period as may be agreed upon in writing between the Secured Creditor and the e-Auction purchaser not exceeding three months from the date of e-Auction. 9 Time and place of public e- NA Auction or time after which sale by any other mode shall be completed. 10 The e-Auction will be conducted through the Bank’s approved service provider. e-Auction tender documents containing e-e-Auction bid www.bankeauctions.com, [email protected], form, declaration etc., are available in the website of the service provider as mentioned above. 11 (i)Bid increment amount: Rs.10,000/-

(ii)Auto extension: times. 5 Minutes (limited / unlimited)

(iii)Bid currency & unit of Rupees INR measurement

12 Date and Time during which Date: 11.11.2019 Time: 11.00 AM to 4.00 PM inspection of the immovable assets to be sold and intending bidders should satisfy themselves about the assets and their specification.

Contact person with mobile Name: Mr.Balagopal number Mobile No. 9444444148

13 Other conditions (a) Bidders shall hold a valid digital Signature Certificate issued by competent authority and valid email ID (e -mail ID is absolutely necessary for the intending bidder as all the relevant information and allotment of ID and Pass word by M/s C1 India Pvt. Ltd (vendor name) may be conveyed through e mail.

(b) The intending bidder should submit the evidence of EMD deposit like UTR number along with Request letter for participation in the e-Auction, self-attested copies of (i) Proof of Identification(KYC) Viz ID card/Driving Licence/Passport etc., (ii) Current Address -proof of communication, (iii) PAN card of the bidder(iv) valid e-mail ID, (v) contact number(mobile/Land Line) of the bidder etc., to the Authorised Officer of State Bank Of India RACPC, No.16, Whannels Road, Egmore, Chennai-600008.

(c) Names of Eligible Bidders will be identified by the State Bank of India RACPC Egmore to participate in online e- Auction on the portal(Contact No. +919840446485), Email www.bankeauctions.com, [email protected], M/s C1 India Pvt. Ltd who will provide User ID and Password after due verification of PAN of the Eligible Bidders

(d) The successful bidder shall be required to submit the final prices, quoted during the e-Auction as per the annexure after the completion of the e-Auction, duly signed and stamped as token of acceptance without any new condition other than those already agreed to before start of e-Auction.

(e) During e-Auction, if no bid is received within the specified time, State Bank of India at its discretion may decide to revise opening price / scrap the e-Auction process / proceed with conventional mode of tendering.

(f) The Bank / service provider for e-Auction shall not have any liability towards bidders for any interruption or delay in access to the site irrespective of the causes.

(g) The bidders are required to submit acceptance of the terms & conditions and modalities of e-Auction adopted by the service provider, before participating in the e-Auction.

(h) The bid once submitted by the bidder, cannot be cancelled/withdrawn and the bidder shall be bound to buy the property at the final bid price. The failure on the part of bidder to comply with any of the terms and conditions of e- Auction, mentioned herein will result in forfeiture of the amount paid by the defaulting bidder.

(i) Decision of the Authorised Officer regarding declaration of successful bidder shall be final and binding on all the bidders.

(j) The Authorised Officer shall be at liberty to cancel the e- Auction process / tender at any time, before declaring the successful bidder, without assigning any reason.

(k) The bid submitted without the EMD shall be summarily rejected. The property shall not be sold below the reserve price.

(l) The conditional bids may be treated as invalid. Please note that after submission of the bid/s, no correspondence regarding any change in the bid shall be entertained.

(m) The EMD of the unsuccessful bidder will be refunded to their respective A/c numbers shared with the Bank. The bidders will not be entitled to claim any interest, costs, expenses and any other charges (if any).

(n) The Authorised Officer is not bound to accept the highest offer and the Authorised officer has absolute right to accept or reject any or all offer(s) or adjourn/postpone/cancel the e- Auction without assigning any reason thereof. The sale is subject to confirmation by the secured creditor.

(o) In case of forfeiture of the amount deposited by the defaulting bidder, he shall neither have claim on the property nor on any part of the sum for which it may be subsequently sold.

(p) The successful bidder shall bear all the necessary expenses like applicable stamp duties / additional stamp duty / transfer charges, Registration expenses, fees etc. for transfer of the property in his/her name.

(q) The payment of all statutory / non- statutory dues, taxes, rates, assessments, charges, fees etc., owing to anybody shall be the sole responsibility of successful bidder only.

(r) In case of any dispute arises as to the validity of the bid (s), amount of bid, EMD or as to the eligibility of the bidder, authority of the person representing the bidder, the interpretation and decision of the Authorised Officer shall be final. In such an eventuality, the Bank shall in its sole discretion be entitled to call off the sale and put the property to sale once again on any date and at such time as may be decided by the Bank. For any kind of dispute, bidders are required to contact the concerned authorised officer of the concerned bank branch only.

(s) The sale certificate shall be issued after receipt of entire sale consideration and confirmation of sale by secured creditor. The sale certificate shall be issued in the name of the successful bidder. No request for change of name in the sale certificate other than the person who submitted the bid/participated in the e-Auction will be entertained.

Place: Chennai, Authorised Officer, Date: 05.10.2019 State Bank of India, RACPC, Egmore, Chennai- 600008.