INDIAN OVERSEAS BANK KILPAUK BRANCH No.477, Kilpauk Garden Road, Chennai-10 Ph : 044 - 26461141/ 26460178 E-mail :
[email protected] 02.08.2019 E-AUCTION SALE NOTICE SALE OF IMMOVABLE PROPERTY MORTGAGED TO THE BANK UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 Whereas M/s. Variar Benefit Fund had borrowed monies from Indian Overseas Bank against the mortgage of the immovable properties more fully described in the schedule hereunder and on upon classification of the account as NPA, the Bank has issued a demand notice under Section 13(2) of the SARFAESI Act, 2002 (Act) on 19.05.2018 calling upon the borrower/mortgagor M/s. Variar Benefit Fund Ltd, Flat No.193/8, Asiad Colony, Jawaharlal Nehru Road, Anna Nagar West Extn, Chennai- 600 101 and guarantors 1. Mr. K Girirathinam, Chairman, No. 563, 18th street, TNHB, Korattur, Chennai-600 080; 2. Mr. A.G. Janarthanam, Director, No.908, 19th street, Vaigai colony, Anna Nagar West, Chennai-600 040 & Plot No.1972, 14th street, H Block, Anna Nagar West, Chennai-600 040; 3. Mr. M.V Ramana Rao, Director,W 507, 9th & 10th street, Anna Nagar West, Chennai; 4. Mr. A.D. Srinivasan, No.20, AlagarPerumal Koil Street, Vadapalani, Chennai-600 026; 5. Mr.Sukumar, Managing Director, Plot No. 908, J Block, 19th Street, Vaigai Colony, Anna Nagar, Chennai-600 040; 6. Mr. M. Sivagnanam, S/o. J.Manickam, No. 2205, Mullai Nagar, Anna Nagar West, Chennai-600 040; 7. Mr. E. Bhathavatsalam, S/o.E.Kuppuswamy, No. U 53, Anna Nagar, Chennai-600 040; 8.