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Fly|Or,^,N REGIONAL'cfficd, IRTNJALAKUDA Akpji Chn$College Road

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Fly|Or,^,N REGIONAL'cfficd, IRTNJALAKUDA Akpji Chn$College Road Z;fly|or,^,n REGIONAL'CFFICD, IRTNJALAKUDA AKPJi Chn$College Road. chrisl Naqar. hnialakuda, Thrissur - 630125 Ph 1)480 28293:16, 1329236.. enall: rol0lTtasib co.ln TENDER CUM AUCTION SALE NOTICE WHEREAS the Authorized Officer of the Bank (hereinafter ref€rned as AO) had issued Dernand Notice dated 06.06.2019 to the bonower, Mr Purushotharnan K M, S/o Madhavan Kaithayil House, Kallakunnu, Nadavarambu P O, Thrissur- 680661 and guarantor Mr Sunilkumar K M, S/o Madhavan ,Kaithayil House, Velookkara, Nadavarambu P O, Thrissur- 680661 under Section 13(2) ofthe Securitisation and Reconstructio:n ofFinancial Assets and hlbrcement of Security Interest Act, 2002 (hereinafter refened to as'The Act') and has taken possession ofthe immovable property, more fully described in the schedule hereunder Lrnder Section l3(4) ofthe Act read with Rule 8 ofthe Security Interest (Enforcement) Rules, 2002 on 31.08.2019. AND WHEREAS, the bonower/ guarantor has failed to pay the amount, Notice is hereby given that the immovable property more fully described in the Scredule hereunder will be sold by way oftender cum auction on "as is where is" basis and "as is what is" condition, on the date and at the plaae mentioned herein below for realization of a sum of Rs.16,70,1 15.364(Rupees Sixteen Lakhs Seventy Thousand One Hundred Fifteen and paise Thirty Six only) as o\ 02.02.2021 with further interesrs and costs from 16.07.2020 subject to the following terms and conditions:- Name of Property Owner Mr Purushothaman K. M., Dcscription of property All that part and parcel of land admeasuring 0.0372 t{ectares / 3.72 Ares (Equivalent to 9.19 canrs) in Sy. No. 901 / I lalong with right to way through 3.95 Metre wide road on the eastem boundary] and all other usufructs and improvements thergon situated in Porathissery Village, Porathissery Desom, Mukundapuram Taluk, Thrissur District, owned by Mr. Purushothaman K. M,, more particularly described in Sale Deed No. 873 / I / 2014 dated 29.03.2014 of SRO, Irinjalakuda, with tbllowing boundarjes: NoIth : Property ofSanu Kooveli East : Private Road South : Municipal Road West : Property ofFrancis Thekkudan ReseNe Price Rs.18,60,000/-(Rupees Eighteen Lakf s Sixty Thousand only) Eafnest Money Deposit Rs.1,86,000/- (Rupees One Lakh Eigtty Six Thousand only) (EMD) t'1.03,2021 at 11.30 AM at The S;outh Indian Bank Ltd. Regional Office, Irinjalakuda, AKP .fn. Christ College Road, #."qi,:'*""' Christ Nagar, Irinialakuda, Thrissur - 680125 \+:ail-<\( :1ir- orj, Regd, Olice - SIB House, T B Roa'1, M sjon Quneu Thdssur, Kerda ,63000I Phone +91437-2420020, rax-+9t 437,2,t4202 | To free (hrdtr) t3oo 3{3,1800, t3oo.12J l3o9 eflail sLbcorpoaret4yb co Ln, websire: wwr.sotrrhindhpbnnkcrll CoDorare ld.nrirj' Nufr ber: L65 t91 KLl929pLCOOtOlT Z;f,o,\t,^^n RDGIONAL OFFICD, IRJNJALAKUDA AKPJn Ch.ist Collegd Road, Chri$N.ear trinjatakudq Thn$ur-680t2j Ph 04t02329i136, 2329236,, c,nail: 6t0tTAsibco.in TERMS AND CONDITIONS l) The property will be sold on "as is where is" basis and "as is what is', condition and the Bank is not responsiblg for title, condition or any other fact affecting the property. The particulars tumished regarding the secured assets a:-e stated to the best of infomation of the Bank and the Bank will not be answerable for arry cnor, misstatement or omission. 2) The proposed Tenderen shall rcad and understand th{) terms and conditions mentjoned in the Tender Sale Norice which is published by the Bank in its Website/ Nadavarambu Branch, Door No. XItt / 56A, Ward : XVII, Vaikara Road, Nadavarambu, Vellookkara, Mukundapuram, Thrissur-6110661 and Irinjalakuda Regional Oflice at VI/950-B , AKP Centre, Christ Colhge Road, Chrisr Nagar, Irinjalakuda, 680125, Phone Number - 0480- 2829336, 28:19236 and also visit the scheduled property and satisfy as to its arca, boundaries, ownership, title, encumbmnce, statutory approvals, measurements etc. The Bank shall not entertain any dispute regarding tle Tender process or the scheduled property afte. participating in the sale. 3) lntercsted Tenderers shall produce a oopy of any valid photl identity/ address proof. ln case, the Tenderer is pafticipating on authorization, he / s1e should produce the ID proof of himself / herself and the Tenderer. All amounts payable regarding the sale including EMD shall be paiC by way of DD drawn in favour of"The Authorised Offrcer, The South Indian Bank Ltd.,,Davable at lrinjalakuda.{R'l CSAEfT/nel banking lo Aurhorised Officer Account No. 0463073000000104 maintained at lrinjalakuda Chrisr ltagar Blanch (IFSC : srBL0000463) 5) Interested Tenderers shall submit Demand Draft / RTCS Receipt as the case may be tbr the EMD at The South Indian Bank Ltd, Regional Office, Irinjalakuda along wirn the Tender in a sealed cover before I 1.00 AM on I 7.03.202 I The Right of entry to the place of sale will be restricted to the Tenderers who havc submitted the Tender letter and EMD in a sealed cover within the sdipulated timg or within such time as may be decided by the Authorised officer at his sdle discretion. 1) The Authorised Officer has got right to cancel/ postpone the ALrction $,ithout asslgnlng any reason whatsoever. Further, the Authoised Officer shall have thc Regd,Office'SIBHouse,TBRoad,MusionQuare6Thdssu..Kerata-68000I Phone +91487-2420020, Fax+gt,48?-2442021 To tee 0ndia) l8OO-843 l8()l]. I soo-425_ t 8O9 e-na'l : [email protected] in, website wn:ourhndhnbdpkcQlr Corpomte ldenrity Number: L65l9lKLl929PLCi]i]IOl? %jflylol,r^^n RDGIONAL OFFICE, IRINJALAKUDA AKI,ii Chn$ Coll!.g. Road. Chri$ N.Brr. t.iniatlkldd, Thnsu -680125 Pir 0,130 2329136, 21129216,, c-nail: rol0l7@sib co.in discretion t0 accept, reject 0r rctum any or all the Tenders already submitted and the Bank will not entertain any claim or represgntation in that regard from the Tenderers. 8) The Sealed Tenders will be opened by the Authorised OfTicer on l7 .03.2021 at l l.30. AM. Any tendgr received quoting a price below the Resetve Prica will be rejected outright. 9) After opening the tenders, the Tenderers who are present may be given an opportunity at the discietion ofthe Authorised Officer to have inter se bidding among themselves to enhance their ofier p ce. oZ J 0) The Successful Tenderer should pay 25 ofthe bid amount (less E\l4D) immediately on receipt ofbid acceptance letter and the balanca 75 % am(,unt within 15 days ofthe sale, failing which the entire amount paid by the Tenderer shall be forfeited by me Authorised Officer, without any notice and the sale will be cancelled and the property will be brought to sale again. However, in desimble cases the time may be extended at the sole discretion ofthe Secured Creunor. I l) The sale is subject to confirmation by the Authorised Officer, who shall have right to cancel the sale also notwithstanding that the successful TendJrer has pmitted the 25% of Sale amount. Further, the sale is also subject to confirmation by the Secured Creditor. l2)On the sale being confirmed and on receipt of the entife sale proceeds by the Authorised Officer, the successful Tenderer will be issued.xith a Sale Certificare as per the terms and condiaions of the Bank and the SARFAE;SI Act. The successful Tenderer should pay all the existing dues etc,, to the Government/ Ilocal Authorities including charges/ fees payable for registration of sale certiticate su{h as registration Fees, Stamp Duty etc., as applicable as per law. l3)The Authorised Officer or Bank will not be held responsible for {ny charge, rren, encumbrance, property tax or any dues to the Covernment or anybddy in respect of the prcperty under sale. l4)The successful Tenderer shall pay all Taxes / Electricity / U/ater / Sewerage Charges or any other charges demanded by any authority afte. the acceptancq ofthe bid, even if it pertains to previous periods. l5)The Successful Tenderer shall. al his cost, get the Electdcity / ter / Sewarage *{.rigqnnection etc. and any other common senices transfened in his / name. Regd. Otfic:SlB House, TB Road, Nl nsion Quane T hrnsur, Ke6ta 68000l ^ Phone+91'487-2420020.Fax+91-487,24,12(12lToIfEe(tndia)t800,843-l8Oo t8OO-t2s-r809 e-niarl srbcofpo.atc@sib @ in, website *$v,.onrhnrdirn b.pkc rt Co@orate ldennry Nunbsr L65l9l(t1929pLCOl)lOtt %lflyloio,n R,EGIONAL OFFICE, LAKUDA Chnsr Collese Road. Christ Nagor,lrinjal ^KPJn Ph r)180 2829336, 2329216' :6l0l7asib co.ii 16) The Authorised Oflicer has obtained EC / search rgport regarding property from 01.01.1978 to 27.01.2021 and il conrains Nil encumbrance 17)For any further information and for inspection ol property, the ded Tendergrs may contact the Authorised Officer, The South Indian Bank Ltd, gional Office, Irinjalakuda or The South lndian Bank Ltd., Nadavarambu B during working hours. Date. 03.02.2021 ORISED FFICER Place: lrinjalakuda (Assistaut Mauager) Copy to r l) HO Credit Recovery Department 2) Br. Nadavarambu Regd. Omc : SIB Hoe, T.B R@4 Mi$ion eua.tes Thnssur, K€mla 68000I $one +9l -48?-2420@0, Fd+91-487,2442021 Tolt fEe (tndia) | 8OO-843,1800, t 8OO42j-t rhail : [email protected], Web€ire: 9wj0trthindlribhkcop Coporat€ tdenily Nunber L6519 t Ktt929pLCOOl0t?.
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