SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES

To

Shri. C. Vellaisamy – Borrower, Smt. V. Chandra, S/o. Shri. Chelliah, W/o. Shri. C. Vellaisamy, No.16, Main Road, No.16,Marudhamalai Main Road, , Vadavalli, – 641041. Coimbatore – 641041.

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 8(6) 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/immovable properties hypothecated mortgaged to the Secured Creditor, the constructive possession of which has been taken by the Authorised Officer of State Bank of being the Secured Creditor, will be sold on “As is where is”, “As is what is”, and “Whatever there is” basis on 27.02.2019 for recovery of Rs.14,96,901/- (Rupees Fourteen lakh ninety six thousand nine hundred and one only) as on 31.12.2018 with future interest and costs due to the State Bank of India, SARB Coimbatore from Shri.Vellaisamy (Borrower) and Smt. V.Chandra (Guarantor)

DESCRIPTION OF IMMOVABLE PROPERTY:

Property in the name Shri. C.Vellaisamy vide Doc No. No.87/2014 dtd.07.01.2014 Housing property with land measuring 1710 sq.ft. or 3 cents and 403 sq.ft. with a built up area of 1092 sq.ft.situated at Site No 7, SF No 366/1, Vadapudur Village, Kinathukadavu, Taluk, owned by Shri.C.Vellaisamy vide Document No.87/2014.

Bounded by East: Site No.11&16, West: 23 feet North South layout Road, South: Site No.5&6 , North: Site No.9&10. With measurements, East west on the north – 57 feet East West on the south- 57 feet North South on the East – 30 feet North South on the West – 30 feet With the right to use common usual pathways. Encumbrances known to the Bank if any: Nil

DETAILS OF E-AUCTION SALE:

RESERVE EARNEST BID DATE AND TIME OF PRICE MONEY TO MULTIPLIER E-AUCTION BE DEPOSITED 27.02.2019 from 12.00 noon A.M to 01.00 P.M (with IMMOVABLE 16,00,000/- 1,60,000/- Rs. 25,000/- unlimited extension of PROPERTY 5 minutes if bidding continues till sale is concluded)

Last date and time for submission of proof of EMD: 25.02.2019 upto 5 pm.

The auction will be conducted online through the Bank’s approved service provider M/s E-Procurement Technologies Ltd (ETL) at their web portal https://sbi.auctiontiger.net.

For detailed terms and conditions of the E-auction sale and for E-Auction tender document containing online e-auction bid form, Declaration etc, please refer to the link provided in https://sbi.auctiontiger.net & in State Bank of India, the Secured Creditor’s website www.sbi.co.in.

You are also put on notice of other details relating to the proposed E-Auction sale which are contained in the Notice of Sale published in the newspapers on 30.01.2019 (The New India Express Daily (English) and Dinamani Daily (Tamil).

Date: 28/01/2019 Authorised Officer Place:Coimbatore