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Regional Office, Kozhikode First Floor, KSHB Complex, Vikas Nagar, East Hill Road, Kozhikode – 673 006. Phone: 0495 2772302 T

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Regional Office, Kozhikode First Floor, KSHB Complex, Vikas Nagar, East Hill Road, Kozhikode – 673 006. Phone: 0495 2772302 T Regional Office, Kozhikode First floor, KSHB Complex, Vikas Nagar, East Hill Road, Kozhikode – 673 006. Phone: 0495 2772302 to 2772322 Fax: 0495 2772323 Ref: RO:KOZ:CHAND:E AUCTION: SMFL:2018 Date:25.09.2018 To M/s. Shalom Micro Finance Limited Mr. Jayson Joy M J Corporate Office at 59, Shalom Bhavan, S/o M V Joy, (Managing Director M/s. Shalom Devi Nagar, Nurani P O, Palakkad, Micro Finance Limited), 12/450, Manthottathil Kerala- 678 004 House, Vattampotta, Chitoor P O, Palakkad, Kerala – 678 101 Mr. Job Joy M J M/s. Shalom Interiors Private Limited S/o M V Joy, (Executive Director M/s. Shalom represented by its Managing Director, Shalom Micro Finance Limited), 12/450, Manthottathil Bhavan, Devi Nagar, House, Vattampotta, Chitoor P O, Palakkad, Nurani P O, Palakkad, Kerala – 678 101 Kerala- 678 004 E-AUCTION SALE NOTICE this notice is hereby given to the public in general and to the Borrower/s and Guarantor/s in particular by the Authorized Officer, that the under mentioned property mortgaged to Union Bank of India, Chandranagar Branch, taken possession under the provision of Section 13(4) of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, will be sold by E- Auction as mentioned below for recovery of under mentioned dues and further interest, charges and costs etc, as detailed below. The property is being sold on “AS IS WHERE IS WHATEVER THERE IS AND WITHOUT RECOURSE BASIS” as such sale is without any kind of warranties and indemnities. The under mentioned property will be sold by “Online E- Auction through website https://bankauctions.in on 30.10.2018 for recovery of an amount of Rs.13,02,07,288.90 (Rupees Thirteen Crores Two Lakhs Seven Thousand Two Hundred Eighty Eight and paise Ninety Only) with interest and other expenses. 1. Name of borrower & 1. M/s. Shalom Micro Finance Limited mortgagor Corporate Office at 59, Shalom Bhavan, Devi Nagar, Nurani P O, Palakkad, Kerala- 678 004 2. Mr. Jayson Joy M J S/o M V Joy, (Managing Director M/s.Shalom Micro Finance Limited),12/450, Manthottathil House, Vattampotta, Chitoor P O, Palakkad, Kerala – 678 101 3. Mr. Job Joy M J S/o M V Joy, (Executive Director M/s. Shalom Micro Finance Limited), 12/450, Manthottathil House, Vattampotta, Chitoor P O, Palakkad, Kerala – 678 101 4. M/s. Shalom Interiors Private Limited represented by its Managing Director, Shalom Bhavan, Devi Nagar, Nurani P O, Palakkad, Kerala- 678 004 2. Date and time of Auction 30.10.2018 between 11.00 AM To 12.00 PM with unlimited extension of “10”minutes i.e. the end time of e- auction will be extended by 10 Minutes each time if bid is made within the last 10 minutes before closure of auction. 3. Earnest Money Deposit (EMD) Rs.15,37,500/- (Rupees Fifteen Lakhs Thirty Seven Thousand Five Hundred Only) 4. Last date of submission of bids 29.10.2018, 2.30 P.M. 5. Reserve Price Rs. 1,53,75,000/- 6. Bid Increment Amount by Rs. 1,00,000/- (Rupees One Lakh only) 7. Debt Due + interest and cost Rs.13,02,07,288.90 (Rupees Thirteen Crores Two Lakhs Seven Thousand Two Hundred Eighty Eight and paise Ninety Only) as on 30.10.2018 8. Date & Time of inspection of 22.10.2018 & 23.10.2018, 10 am to 5 pm property for intending purchasers 9. Details of encumbrances over the NIL property, as known to the Bank The refundable EMD 10% OF RESERVE PRICE shall be payable by interested bidders through NEFT/ RTGS/Funds Transfer on or before 29.10.2018 in Account No: 339801020050003, UNION BANK OF INDIA, through IFSC Code: UBIN0560545 or by DD/Pay order favouring Union Bank of India, payable at Kozhikode. Bidders are advised to visit the Bank’s website: www.unionbankofindia.co.in for detailed terms and conditions of e-auction sale and other details before submitting their Bids for taking part in the e-auction. Bidder may also visit the website: https://bankauctions.in of Service Provider M/s. 4 CLOSURE, Contact No. 08142000061/62/66 (M), Tel: 04023836405, Fax No. 04023836405. The terms and conditions of sale shall be strictly as per the provisions of The Security Interest (Enforcement) Rules, 2002. The interested bidder may contact the Authorized Officer for ascertaining the details of auction and inspection of property on the date mentioned as above Contact No. 9495098006, 9495098031, 9400396882, 9495098092 (M) Tel: 0491-2572751,2573751, e-mail ID: [email protected], [email protected] . SCHEDULED PROPERTY 249.20 Ares of land consisting of 120.42 Ares in Re-Survey No. 414/1: 84.00 Ares in Re- Survey No. 414/2: 0.40 Ares in Re-Survey No. 416/1 and 44.38 Ares in Re-Survey No. 416/2 in Block No. 45 in Vadakkenchery -2 Village, Alathur Taluk, Palakkad District, covered by Sale Deed No.4077/2011 of Alathur Sub Registry Office. Boundaries: South: Properties of Sasidharan & Mangalam Puzha North: Properties of Salim Raj & Yusuf West: Properties of Salim Raj& Kullappan Chettiar East: Properties of M Balagangadharan & Others and Pathway Right of way for all kind of traffic and for taking electric, water, telephone, cable, connections through the private road having 7 meters width and 239.27 meters length, having a total area of 16.47 Ares in Re-Survey No. 413/2 in Block No. 45 in Vadakkanchery – 2 Village, Alathur Taluk, Palakkad District, covered by Sale Deed No. 62/2012 of Alathur Sub Registry Office Boundaries: East: Public Road and property of Isaf Homes & Infrastructure P Ltd North: Property of Isaf Homes & Infrastructure P Ltd West: Properties of Isaf Homes & Infrastructure P Ltd and Shalom Interiors P Ltd South: Properties of Isaf Homes & Infrastructure P Ltd The borrower/guarantor’s are reminded of the right of redemption of secured assets available under the provisions of Sub-section (8) of Section 13 of the Act, before the date of paper publication of e auction sale notice, i.e. on 28.09.2018. This may also be treated as notice u/r 8(6) of Security Interest (Enforcement) Rules, 2002 to the borrower/s and guarantor/s of the said loan about the holding of E-Auction Sale on the above mentioned date, if their outstanding dues are not repaid in full. Authorized Officer Union Bank of India Place: Kozhikode Date: 25.09.2018 PHOTOGRAPHS .
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