%IHBan* REGIONAL OFFICE:

(1) WHEREAS the Authorized officer of the Bank had issued Demand Notice dated 07'09.2009 to Mr.A.Shanmugham, S/o Arumugham, No.29/39, ll Street, Ulaganathapuram, , Chennai - 600057, the borrower and (2) Mrs.S.Chandra, W/o Mr.A.Shanmugham, No.29/39, ll Street, Ulaganathapuram, Ennore, Chennai - GOOO57, Co-obligant/ Guarantor under section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security lnterest Act, 2002 (hereinafter referred to as 'The Act') and has taken possession of the immovable properties, more fully described in the schedule hereunder under Section 13(a)of the Act read with Rule 8 of the Security lnterest (Enforcement) Rules, 2002 on 24.09.20L0.

AND WHEREAS, the borrower/ co-obligant/ guarantor have failed to pay the amount, Notice is hereby given that the immovable properties more fully described in the Schedule hereunder will be sold by way of Tender Cum Auction on "as is where is" basis and "as is what is" condition, on the date and at the place mentioned herein below for realization of a sum of Rs.6l-,13,905.00 (Rupees Sixty One Lakhs Thirteen Thousand Nine Hundred and Five only) as on 30.09.2015 with further interest and costs, subject to the following terms and conditions: -

Name of Property Owner Mr.A.Shanmugham Description of property n.tid.ntirt flat bearing No. F 2, First floor, measuring 793 Sq. ft' together with 547 Sq. ft of UDS in the total extenl of 20L7 sq. ft. bearing Plot No' 8, Sivananda Nagar, Mangadu, Chennai, Comprised in S. No. t58ltA, t58l1B, Mangadu Village, Taluk and the entire land bounded on the: North by : Plot No. 7 South by : Plot No. 9 East by : Plot No. 1L West by 24 feet Road

Reserve Price Rs. 19,00,000/- (Ru pees N i neteen LaLlrqg!]y) Earnest Money DePosit RrJ,90,000/- (Rupees One Lakh and Ninety Thousand only) (EMD) Date and Place of Sale L1.30 A.M. on 16.12.20t5 at The South lndian Bank Ltd., Regional Office, Niagra Apartments, No'1, Sterling Road, t,tungambakkam, Chennai -

TERMS AND CONDITIONS the Bank is not 1) The property will be sold on "as is where is" basis and "as is what is" condition and particulars furnished responsible for title, condition or any other fact affecting the property. The Bank will not regarding the secured asset is stated to the best of information of the Bank and the be answerable for any error, misstatement or omission' in the Z\ The proposed Tenderers shall read and understand the terms and conditions mentioned Branch and chennai Tender sale Notice which is published by the Bank in its website/ boundaries etc, Regional Office and also visit the scheduled property and satisfy as to its area, not ownership, title, encumbrances, statutory approvals, measurements etc, The Bank shall participating in entertain any dispute regarding the Tender process or the scheduled property after -r.,,.!he sale. tssqd).\

REGIONAT OFFICE

com E-mail : ro 1 00 12tsib. co.in Web site : www' southindianb ank' Zr*,IilBan,< REGIONAL OFFICE: CHENNAI g) lr,t.r.rt.O rendgrers shall produce a copy of any valid photo identity / address proof. ln case, the the Tenderer is participating on authorization, he should produce the lD proof of himself and Tenderer. 4) All amounts payable regarding the sale including EMD shall be paid by way of DD/ RTGS drawn in favour of "The Authorised Officer, The South lndian Bank Ltd." payable at Chennai. 5) lnterested Tenderers shall submit Demand Draft for the EMD at The South lndian Bank Ltd. Chennai on Regional Office at the above address along with the Tender in a sealed cover before 11.30 AM L6.L2.20L5. 6) The Right of entry to the place of sale will be restricted to the Tenderers who have submitted the Tender letter and EMD in a sealed cover within the stipulated time or within such time as may be decided by the Authorised officer at his sole discretion. any reason 7) The Authorised officer has got right to cancel/ postpone the Auction without assigning whatsoever. Further, the Authorised officer shall have the discretion to accept, reject or return any in or all the Tenders already submitted and the Bank will not entertain any claim or representation that regard from the Tenderers. Any g) The Sealed Tenders will be opened by the Authorised Officer on t6.t2.2015 at 1L.30 AM. tender received quoting a price below the Reserve Price will be rejected outright. at the g) After opening the tenders, the Tenderers who are present may be given an opportunity their discretion of the Authorised officer to have inter se bidding among themselves to enhance offer price. on receipt of 10)The Successful Tenderer should pay 25 % of the bid amount (less EMD) immediately failing which the bid acceptance letter and the balance 75% amount within 15 days of the sale, any notice entire amount paid by the Tenderer shall be forfeited by the Authorised officer, without However, in desirabje and the sale will be cancelled and the property will be brought to sale again. cases the time may be extended at the sole discretion of the Authorised Officer' cancel the sale j.1)The sale is subject to confirmation by the Authorised officer, who shall have right to Sale amount. Further, also notwithstanding that the successful Tenderer has remitted the 25% of the sale is also subject to confirmation by the secured creditor. by the Authorised officer, 12)on the sale being confirmed and on receipt of the entire sale proceeds per terms and conditions of the the successful renderer will be issued with a sale certificate as the pay existing dues etc', to the Bank and the SARFAESI Act. The successful Tenderer should all the of sale certificate Government/ Local Authorities including charges/ fees payable for registration per such as registration Fees, Stamp Duty etc., as applicable as law' charge, lien, encumbrance, 13)The Authorised officer or Bank will not be held responsible for any properties under sale' property tax or any dues to the Government or anybody in respect of the sewerage charges or any other 14)The successful renderer shall pay all Taxes/ Electricity/ water/ even if it pertains to previous charges demanded by any authority after the acceptance of the bid, periods. sewarage connection etc' and 15)The Successful Tenderer shall, at his cost, get the Electricity/ water/ any other common services transferred in his name' property from 01'01'2008 to 16)The Authorised officer has obtained EC/ search report regarding the 11.08.2015 and it contains no encumbrance' Tenderers may contact the 17) For any further information and for inspection of property, the intended 'Door No'1, Ward 65' Authorised Officer or The South lndian Bank Ltd., Koyambedu Branch at

ffir|sf-1-Hfizi6zt"r-ll .si:iii-ii+;ori;;i:, sibco'po.ut4sib.co.in cIN:L65le1KL1e2ePLc001017 I "il;";;&;;ilc; Apartments, No,.l, Sterting Road, , chennai -600034 -- Fax: +91 44 - 28232014 ''''ilr"- '; Tel. No: *% ac iaez8542'l 282382501 ZeZefiog - .t. -"."- '' E-mail:[email protected]'inWebsite:www.souttrindianbank.com . ., ,,, , ZrnIilBan,< REGIONAL OFFICE: CHENNAI M.M.Towers V.V.Koil Street, Chinmaya Nagar Stage l, Chinmaya Nagar (P.O.) - 500044, Koyambedu, Chennai, during working hours. 18) This may be treated as notice to the borrower/ co-obligant/ guarantor informing them that the property wilt be sold if the entire amount due to the Bank being is Rs.61,13,905.00 (Rupees Sixty One Lakhs Thirteen Thousand Nine Hundred and Five only) as on 30.09.2015 with interest from

Date Place V

Th. sr"th I"dt-"" Br"k Lta- n"ga. orr*e. sIB House, T.B. Road, Mission Quarters, Thrissul, {91d^ - 680 001 Tel: +91-487-2420020 f'ax: *gI-+eZ -2442O2tqmail: [email protected] CIN: L65191KLL929PLCOOLOL7 Regional Office: Niagra Apartments, No.1, Sterling Road, Nungambakkam, Chennai -600034 Tel. No: +91 _ C+ iezzes+2 I 282382501 2828t109 Fax: +91 - 44 - 28232014 E-mail: ro [email protected] Website: www'southindianbank'com