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Indian Overseas Bank, Veerabhadrapuram Branch, Velpuru Road, Veerabhadrapuram, Tanuku Mandal, West Godavari District

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Indian Overseas Bank, Veerabhadrapuram Branch, Velpuru Road, Veerabhadrapuram, Tanuku Mandal, West Godavari District Indian Overseas Bank, Veerabhadrapuram Branch, Velpuru Road, Veerabhadrapuram, Tanuku Mandal, West Godavari District. Ph: 08819-237237 Email id: [email protected] Place: Veerabhadrapuram Date: 29.08.2019 ANNEXURE I INTENDING SALE NOTICE OF IMMOVABLE SECURED ASSETS (Issued under Rule 8(6) Rule / 9(1) of the Security Interest (Enforcement) Rules2002) To 1. M/s. Sri Aditya Poultry Farms n(Partnership Firm) Represented by 1. Smt. Mullapudi Lakshmi Kumari(Managing Partner), & 2. Sri Miriyala Radha Krishna (Partner), Venkata Krishnapuram Village, Dwaraka Tirumala Mandal, West Godavari Dist. A.P ……..Borrower 2. Smt. Mullapudi Lakshmi Kumari W/o M Satyanarayana D.No.3-3-7, Ramannagudem Village, Dwaraka Tirumala Mandal, West Godavari Dist. ……..Mortgagor / Guarantor 3. Sri. Miriyala Radha Krishna, S/o M Satyanarayana D.No. 9-1, Main Road, Polasanipalli Village, Bhimadolu Mandal, West Godavari Dist. ……..Partner / Guarantor 4. Sri. Miriyala Satyanarayana S/o Tataiah D.No. 9-1, Main Road, Polasanipalli Village, Bhimadolu Mandal, West Godavari Dist. ……..Mortgagor / Guarantor 5. Smt. Miriyala Sakuntala Devi W/o Satyanarayana, D.No. 9-1, Main Road, Polasanipalli Village, Bhimadolu Mandal, West Godavari Dist. ……..Mortgagor / Guarantor 6. Sri. Mullapudi Satyanarayana S/o Simhachalam, D.No.3-3-7, Ramannagudem Village, Dwaraka Tirumala Mandal, West Godavari Dist. ………Guarantor Sir,/Madam 1. This has reference to recovery actions initiated against you under the provisions of the SARFAESI Act 2002. 2. Please refer to the possession notice dated 12.07.2017 issued to you regarding taking possession of the secured assets at more fully described in the schedule below and the publication of the said possession notice in Prajasakti (Telugu daily) and Indian Express (English Daily) on 16.07.2017 by the undersigned for the purpose of realization of the secured assets in exercise of the powers conferred on the bank as Secured Creditor under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act,2002 and the Rules there under. 3. You the above named borrowers / mortgagors / guarantors have failed to pay the dues in full save and except payments amounting to Rs.16,84,519/- (Rupees Sixteen Lakhs Eighty Four Thousands Five Hundred Nineteen only) after issuance of demand notice dated 12.04.2017 Hence it is proposed to sell the secured assets mentioned in the Schedule below on “as is where is” and “as it is what is” condition under Sec 13(4) of the Act read with Rules 8 & 9 of the Security Interest (Enforcement) Rules, 2002. 4. After appropriating the aforesaid repayments, the dues in the loan accounts as on 29.08.2019 are Rs.4,49,68,868/- along with further interest at contractual rates and rests, besides costs + actual expenses made for property maintenance. 5. We hereby give you notice of 15 days that the below mentioned secured asset shall be sold by the undersigned on 16.09.2019 between 10.00 A.M to 12.00 Noon, with auto extension of 5 minutes through E – auction using (https://iob.auctiontiger.net). DESCRIPTION OF THE IMMOVABLE PROPERTY: Property -1 (Property owned by Smt. Mullapudi Lakshmi Kumari W/o Satyanarayana) (Property covered by Document No. 1775/1991 dated 21.05.1991 with SRO Bhimadole) All the piece and parcel of the property in an extent of Ac.2.00 Cts(9680 Sq.Yards) of Dry land (Converted as non Agricultural land) along with the poultry complex in R.S No 286 situated at Venkata Krishnapuram Village, Dwarakatirumala Mandal under Bhimadole SRO limits Bounded By: On the East: Land of B.Venkata Ramayya On the South: Land of T.China Ramadasu On the West: Land of B.manikyala Rao On the North: Remaining property of T.Sitaramaiah Property -2 (Property owned by Sri. Miriyala Sakuntala Devi(Guarantor) W/o Satyanarayana ) (Property covered by Document No.1954/2007 Dated 30.04.2007 with SRO Bhimadole All the piece and parcel of property in an extent of Residential site of 400.00 Sq. yards along with RCC Building Bearing D.No.9-1, situated at Dwarakatirumala Road, Polasanipalli Village, Bhimadole Mandal under Bhimadole SRO limits and bounded by East : Site of M Narayanamma South: Site of T Vara Prasad West: Bhimadole – Dwarakatirumala Road North: Panchayat Street Property -3 (Property owned by Sri. Miriyala Sakuntala Devi(Guarantor) W/o Satyanarayana ) (Property covered by Document No.7972/2012 Dated 07.09.2012 with SRO Eluru All the piece and parcel of property in an extent of Residential house site of 155.22 Sq. yards in R.S. No.18/5, 28/3, 28/4, situated at Plot no.16, Komadavolu Village, Eluru Mandal under Eluru SRO limits and bounded by East : 24 feet width road South: Plot no 22 situated in R.S. N. 18/4 West: Plot no. 15 situated in R.S.NO.28/3 of the layout plan North: Site situated on the northern side of Plot no 16 Date: 29.08.2019 Authorized Officer Place: Visakhapatnam Indian Overseas Bank PAPER PUBLICATION FORMAT OF E- AUCTION NOTICE FOR SALE OF IMMOVABLE PROPERTIES Indian Overseas Bank, Veerabhadrapuram Branch, Velpuru Road, Veerabhadrapuram, Tanuku Mandal, West Godavari District. Ph: 08819-237237 Email id: [email protected] Date: 29.08.2019 E-AUCTION SALE NOTICE (Under Proviso to Rule 8(6) / Rule 9(1) of Security Interest (Enforcement) Rules) E-Auction Sale Notice of Immovable Assets under the Securitization And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002, Read With Provision to Rule 8(6) and 9(1) Of The Security Interest (Enforcement) Rules Act, 2002. Notice is hereby given to the public in general and in particular to the Borrower and Guarantor(s) that the below described immovable property mortgaged / charged to the secured creditor, the symbolic possession of which has been taken by the Authorized Officer of Indian Overseas Bank as Secured Creditor, will be sold ‘’ As is Where is’’, ‘’ As is what is’’ and ‘’Whatever there is’’ condition on 16.09.2019 for recovery of Rs.4,49,68,868/- as on 29.08.2019 with further interest and costs due to the IOB as Secured creditor from M/s. Sri Aditya Poultry Farms (Partnership Firm), Represented by 1. Smt. Mullapudi Lakshmi Kumari(Managing Partner), & 2. Sri Miriyala Radha Krishna (Partner), Venkata Krishnapuram Village, Dwaraka Tirumala Mandal, West Godavari Dist. A.P. The Reserve price will be: For Property 1: Rs.1,91,63,000/- (Rupees One Crore Ninety One Lakh Sixty Three Thousand Only) For Property 2: Rs.31,34,000/- (Rupees Thirty One Lakh Thirty Four Thousand Only) For Property 3: Rs.19,86,000/- (Rupees Nineteen Lakh Eighty Six Thousand Only) Earnest Money Deposit will be: For Property 1: Rs.19,16,300/- (Rupees Nineteen Lakhs Sixteen Thousand Three Hundred Only) For Property 2: Rs.3,13,400/- (Rupees Three Lakh Thirteen Thousand Four Hundred Only) For Property 3: Rs.1,98,600/- (Rupees One Lakh Ninety Eight Thousand Six Hundred Only) DESCRIPTION OF THE IMMOVABLE PROPERTY: Property -1 (Property owned by Smt. Mullapudi Lakshmi Kumari W/o Satyanarayana) (Property covered by Document No. 1775/1991 dated 21.05.1991 with SRO Bhimadole) All the piece and parcel of the property in an extent of Ac.2.00 Cts(9680 Sq.Yards) of Dry land (Converted as non Agricultural land) along with the poultry complex in R.S No 286 situated at Venkata Krishnapuram Village, Dwarakatirumala Mandal under Bhimadole SRO limits Bounded By: On the East: Land of B.Venkata Ramayya On the South: Land of T.China Ramadasu On the West: Land of B.manikyala Rao On the North: Remaining property of T.Sitaramaiah Property -2 (Property owned by Sri. Miriyala Sakuntala Devi(Guarantor) W/o Satyanarayana ) (Property covered by Document No.1954/2007 Dated 30.04.2007 with SRO Bhimadole All the piece and parcel of property in an extent of Residential site of 400.00 Sq. yards along with RCC Building Bearing D.No.9-1, situated at Dwarakatirumala Road, Polasanipalli Village, Bhimadole Mandal under Bhimadole SRO limits and bounded by East : Site of M Narayanamma South: Site of T Vara Prasad West: Bhimadole – Dwarakatirumala Road North: Panchayat Street Property -3 (Property owned by Sri. Miriyala Sakuntala Devi(Guarantor) W/o Satyanarayana ) (Property covered by Document No.7972/2012 Dated 07.09.2012 with SRO Eluru All the piece and parcel of property in an extent of Residential house site of 155.22 Sq. yards in R.S. No.18/5, 28/3, 28/4, situated at Plot no.16, Komadavolu Village, Eluru Mandal under Eluru SRO limits and bounded by East : 24 feet width road South: Plot no 22 situated in R.S. N. 18/4 West: Plot no. 15 situated ain R.S.NO.28/3 of the layout plan North: Site situated on the northern side of Plot no 16 With all Easementary Rights For detailed terms and conditions of the sale, please refer to the link provided in IOB online secured creditor’s website i.e. www.iob.in (https://www.iob.in/TenderDetails.aspx?Tendertype=E_Auction); https://www.publishtenders.gov.in or service provider’s website: https://iob.auctiontiger.net. For further details please contact: 08819-237237. Place: Visakhapatnam Authorized Officer Date: 29.08.2019 Indian Overseas Bank. Indian Overseas Bank, Veerabhadrapuram Branch, Velpuru Road, Veerabhadrapuram, Tanuku Mandal, West Godavari District. Ph: 08819-237237 Email id: [email protected] दिन 車क Date: 29.08.2019 ANNEXURE II 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. Sri Aditya Poultry Farms has borrowed monies from Indian overseas Bank against the mortgage of the immovable properties more fully described in the schedule here under and the Bank has issued a demand notice under section 13(2) of the SARFAESI Act, 2002 on 12.04.2017 calling upon the borrower &Guarantors M/s.
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