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Of IDBI Bank Limited, Account No The Authorised Officer (AO) Of IDBI BANK LIMITED (CIN: L65190MH2004GOI148838) Regional office ,1st floor , 172/4 ,Raviwar Peth, UWB Building, Powai Naka, Shivaji Circle, Satara- 415001. Tender/ Offer / Bid Document For Sale of Secured Assets of Mr. Dhananjay Pralhad Salunkhe Patil (Guarantor and Mortgagor for loan to 93 Harvesting & Transport (H &T) contractors of New Phaltan Sugar works Ltd. Sakharwadi ). Non Agriculture land owned by Shri.Dhananjay Pralhad Salunkhe Patil at Gat No.94 with admeasuring area 0H 95R at Village Surwadi ,Taluka – Phaltan ,Dist Satara Pin 415528 Sale Under the provisions of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and The Security Interest (Enforcement) Rules, 2002 CONTENTS Sr.No Particulars Page No. I Public Notice for Sale published in the newspapers 3-4 II Introduction 5 III Brief Description of Secured assets 6 IV Terms & Conditions 7-15 V Brief details of Tender / Offer /Bid document 16 VI Format for submission of Profile of the Bidder - Individual 17 VII Format for submission of Profile of the Bidder – Company / 18-19 Partnership /Proprietorship VIII Form of Appendix to the Bid/Offer (declaration by the Bidder) 20-21 IX Annexure I –Outstanding balance as per Demand Notices u/s 13(2) 22-23 dated 09.04.2018 under SARFAESI Act X Annexure II -Outstanding balance as on 31.05.2019 24-26 2 Public Notice for Sale t DBI Bank Ltd, Regional office ,first floor , 172/4 ,Raviwar Peth, UWB Building, Powai Naka, Shivaji Circle, Satara- 415001. CIN:- L65190MH2004GOI148838 Public Notice for Sale of Immovable Property. Sale of Immovable Property of Mr. Dhananjay Pralhad Salunkhe Patil (Guarantor and Mortgagor for Loan to 93 Harvesting & Transport (H &T) contractors of New Phaltan Sugar works Ltd.Sakharwadi). The undersigned being the Authorized Officer (AO) of the IDBI Bank Ltd. (IDBI) invites Bids/Offers through E-Auction for sale of the following property of Mr. Dhananjay Pralhad Salunkhe Patil, guarantor and mortgagor for loan to 93 Harvesting & Transport contractors of New Phaltan Sugars Works Ltd Sakharwadi under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with the Security Interest (Enforcement) Rules, 2002, possession whereof has been taken by the AO, IDBI Bank Ltd on 18th July 2018. 1 Name of the Guarantor Date of Reserve Price and Mortgager of the Outstanding amount (As on Demand & EMD Description of Property Property 31.05.2019) Notice / amount. (Rs.) Possession Shri. Dhananjay Pralhad Rs.5, 87,84,353.14 (Rs. Demand Reserve All that piece and parcel Salunkhe Patil. Five Crore Eighty seven Notice date : Price:-Rs. of Non agriculture land (Guarantor and Lakh Eighty Four 09.04.2018 2, 50, 00,000/- comprised in and Mortgager for loan to 93 Thousand Three Hundred (Rupees. Two forming part of Gat No H & T contractors of Fifty Three and Paisa & Crore Fifty 94 Area 0 H 95R New Phaltan Sugars Fourteen Only ) Plus Lakhs Only ) situated at Surwadi, Works Ltd. Sakharwadi) together with further Possession Opp. Cummins India, unapplied interest thereon date: EMD:- Shirwal-Phaltan State and legal, other charges etc 18.07.2018 Rs.25,00,000/- Highway, Tal. Phaltan, incurred or to be incurred. (Rupees Dist. Satara property is Twenty Five owned by Shri. Lakh Only ) Dhananjay Pralhad Salunkhe Patil. and which is bounded as follows: On the East by: Gat No 93 On the West by: Gat No 96 On the South by: Gat No 91 On the North by: Gat No 96 2 The dues of IDBI Bank Ltd. outstanding as on 31st May 2019 of Rs.5,87,84,353.14 (Rs. Five Crore Eighty seven Lakh Eighty Four Thousand Three Hundred Fifty Three and Paisa Fourteen Only ) Plus together with further unapplied interest thereon and legal , other charges etc incurred or to be incurred. 3 Date of Inspection of Assets Last Date of Submission of EMD along Date of E-auction with Bid Forms / Documents 30th January 2020 from 11 am to 1 pm 22nd January 2020 up to 4.00 p.m. (with unlimited extension of 5 mins) 18th January 2020 IDBI Bank Ltd, Regional office ,1st floor , 172/4 ,Raviwar Peth, UWB Building, Powai Naka, (11 am to 4 pm) Shivaji Circle, Satara- 415001. 4 Gist of the terms & conditions appearing in Bid Document: 1. The sale of Secured Assets is on “as is where is basis”, “as is what is basis”, “whatever there is basis” and “no 3 recourse basis” for and on behalf of the Secured Creditor viz.: IDBI Bank Ltd. All statutory liabilities / taxes / maintenance fee / electricity / water charges/ property taxes etc., outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder. Bank does not take any responsibility to provide information on the same. 2. The sale would be conducted through E-Auction platform at website https://idbi.auctiontiger.net through e-auction service provider M/s E- Procurement Technologies Ltd. 3. The aforesaid property shall not be sold below the reserve price as mentioned above. 4. The sale shall take place on the expiry of 15 days from the date of publication of this notice. 5. The Earnest Money Deposit – (EMD) will not carry interest. AO may retain EMD of top three bidders upto 3 months from the date of opening of the bids. 6. The AO may permit inter-se bidding among the top three bidders. 7. The successful bidder will be required to deposit 25% of the sale price (less the amount of EMD deposited) on the same day of confirmation of sale or not later than next working day. The balance amount of the sale price is to be paid within 15 days of the confirmation of the sale or such extended period as may be agreed to by the AO. In case of failure to deposit the balance amount within the prescribed period, the deposited amount shall be forfeited, including earnest money. 8. AO reserves the right to accept or reject any or all bids without assigning any reason(s). In case all the bids are rejected, the AO reserves the right to sell the assets by any of the modes as prescribed in the SARFAESI Act. 9. The Secured Assets mentioned in the Bid Document are based on the charges/mortgages created by the guarantor in favour of Secured Creditor, the details whereof are given in the bid document. Interested parties are requested to verify the details of the Secured Assets and inspect the records relating to mortgaged assets available with AO on request. 10. Secured creditors do not take responsibility for any errors/omissions/discrepancy/ shortfall etc in the secured Assets or for procuring any permissions etc or for the dues of any authority established by law. 11. The Secured Assets are being sold free from charges and encumbrances, if any, (best known to the Bank), except in favour of the secured creditor. 12. The successful bidder would be required to bear all the necessary expenses like stamp duty, registration, expenses, tax liabilities, if any etc for transfer of secured asset. 13. The Bid Document, which contains the detailed terms and conditions of sale, bid forms etc. may be obtained from any of our branch office free of charge, on all working days or can be downloaded from IDBIs website www.idbibank.in and https://idbi.auctiontiger.net 14. Interested parties may contact Shri.Ekanath Rambhau Jadhav , Authorized Officer, IDBI Bank Ltd., Raviwar Peth, UWB Building, Powai Naka, Shivaji Circle, Satara- 415001, (Tel) +91 2162 232993, 02162- 233246,(Fax) +91 2162 231312, (email) [email protected] ,Mob No.9420694497 , 9766520086 STATUTORY 15 DAYS NOTICE UNDER RULE 9(1) OF THE SARFAESI ACT The Mortgagor/guarantor / Borrowers are hereby notified to pay the sum as mentioned above along with upto date interest and ancillary expenses before auction, failing which the property will be auctioned/ sold Sd/- Place: Satara Authorised Officer Date: 08.01.2020 The above notice was published in the following newspapers on 08.01.2020 i) The Indian Express (English) – Satara edition ii) Loksatta (Marathi ) – Satara edition 4 II. INTRODUCTION IDBI Bank Ltd. (IDBI) having its Head Office at IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai 400 005 & also having its one of the office at IDBI Bank, Raviwar Peth, UWB Building, Powai Naka, Shivaji Circle, Satara- 415001. issued a notice dated 09th April 2018 under Section 13 (2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as “the SARFAESI Act”) calling upon Borrowers As per Annexure I attached, Guarantors Mr. Pralhad Govind Salunkhe Patil (Guarantor) ,Mr. Mahesh Pralhad Salunkhe Patil ( Guarantor) and Mr. Dhananjay Pralhad Salunkhe Patil (Mortgagor & Guarantor ) having property address at Gat No-94, admeasuring 0H 95R, at Village- Surwadi, Tal- Phaltan, Dist- Satara Pin code - 415528 to repay the amount mentioned in the said notice being Rs. 5,30,00,232.55/- (Rupees Five Crore Thirty Lakh Two Hundred Thirty Two and Fifty Five Paisa Only) together with further interest thereon with effect from 15th March 2018 and legal , other charges etc incurred or to be incurred. As the property of Mr. Dhananjay Pralhad Salunkhe Patil have been mortgaged to IDBI Bank as security; dues recoverable from the Borrower constitute and represent 100% value of the outstanding dues having charge on the assets as envisaged under Section 13 (9) of SARFAESI Act. The possession of immovable properties was taken on 18th July 2018. The Authorised Officer (AO) has also got the assets valued after taking possession as required under the SARFAESI Act.
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