PUNJAB FINANCIAL CORPORATION SCO NO. 95-98, BANK SQUARE, SECTOR 17-B 0172-2708435

LIST OF PROPERTIES FOR E-AUCTION ON AS IS WHERE IS BASIS (Rs. in lacs) S.NO. Name & Address Land Area Product Land Building Machinery Reserve Price/ (M/s) Earnest Money Deposited/ Bid increased amount DISTT. 1. M/s Honey Plywood (P) E-auction of land measuring 4K-0M comprised of Khewat False Ceiling 12.96 3.45 0.00 16.41 Ltd. No. 1066, Khatauni No. 1751, R.No. 121, Killa No. 22 Min Tiles 0.83 Vill. Bhamana, (4-0) situated in Village Bahamna, Tehsil Samana, District 0.10 Bhawanigarh Road, Patiala as entered in jamabandi for the year 1994-95 (held Samana, Distt. Patiala and owned by M/s Honey Plywood (P) Ltd., Samana, Distt.Patiala alongwith building constructed thereon. 2. M/s Neetu Color Lab (P) E-auction of land measuring 136 sq.yds comprised in Processing & 69.63 14.13 0.64 84.40 Ltd., Khata/Khatauni No. 1816/2847, Khasra No. 3317/2394/871 Developing. 4.22 Opp. Bus Stand, min situated in Tehsil & Distt. Patiala as entered in the Coloured 0.10 Patiala jamabandi for the year 1986-87 alongwith building & printing machinery constructed thereon. 3. M/s Paras Containers (P) E-auction of land measuring 2K-1M being 41/160 share of HDDE & PVC 20.70 4.38 0.00 25.08 Ltd., Rajla-Kamaspur land measuring 8K-0M comprised of Khewat No.841, Packing 1.26 Road, Samana, Distt. Khatauni No. 1328, Khasra No. 133, Killa No. 15 (8-0) Containers 0.10 Patiala situated in Samana, HB No. 87, Tehsil Samana, District Patiala as entered in the jamabandi for the year 1991-92. 4. M/s Mandigobindgarh E-auction of land measuring 8K-7M being 167/396 share Oxygen Gas 113.16 7.91 0.00 121.07 Gases & Alloys (P) of 19K-16M comprised in Khewat/Khatauni No0. 26/49, 5.00 Ltd.,G.T.Road, Rect. No. 8, Killa No. 16/2(6-18), 25(8-0), 15//5/1(4-18) 0.10 Mandigobindgarh, Distt. situated in Village Mugal Majra, Tehsil Amloh, District Fatehgarh Sahib Fatehgarh Sahib as entered in the jamabandi for the year 1988-89 alongwith building constructed thereon. 5. M/s V.P.Oil Mills E-auction of land measuring 1K-1M comprised in Oil & DE 4.47 3.23 0.00 7.70 Vill. Bhamna, Patti Road, Khata/ Khatauni No. 986/1601, R.Killa No. 178/16 min Oiled Cakes 0.39 Samana, Distt. Patiala situated in Village Bahmna, Tehsil Samana, District 0.10 Patiala alongwith building constructed thereon. DISTT. FATEHGARH SAHIB 6. M/s Mehak Meals (P) Ltd., E-auction of land measuring 0B-16B i.e. 320/2840 Mineral Water 16.00 2.00 1.25 19.25 Guru Ki Nagri, Near PSEB share of land measuring 7B-2B comprised of 0.97 Grid, Mandigobindgarh, 0.10 Distt. Fatehgarh Sahib Khewat No. 523, Khatauni No. 805, Khasra No. 112 (7-2) situated in Village Nasrali, HB No. 63, Tehsil Amloh, District Fatehgarh Sahib as entered in the jamabandi for the year 1992-93 alongwith building & machinery constructed thereon.

DISTT. SANGRUR 7. M/s Aggarwal Plastic, E-auction of land measuring 363 sq. yds. (33’x99’) i.e. Polythene 2.29 1.74 0.00 4.03 Sangrur 0K-13M comprised in Khewat No. 1031, Khatauni Bags 0.21 Shahpur Road, 0.10 Longowal, Tehsil & No. 1217, Rect. No. 540, Killa No. 18/2(0-13), situated Distt.Sangrur in the Revenue Estate of Village Longowal (E) HB No.4, Tehsil & District Sangrur entered in the copy of jamabandi for the year 1995-96 alongwith building constructed thereon. 8. M/s Guru Feed E-auction of land measuring 3K-6M out of land Cattle Feed 7.01 4.29 2.15 13.45 Industries, measuring 5K-4M in K/K No. 2/18, R/Killa No. 56//24 0.68 Village Dhandoli Khurd, 0.10 P.O. Sulargharat, Tehsil situated in Village Dhandoli Khurd, Tehsil Sunam Sunam, Distt. Sangrur Distt. Sangrur as entered in the jamabandi for the year 1997-98 alongwith building & machinery constructed thereon.. 9. M/s Shree Mahalaxmi E-auction of land measuring 1K-0M comprised in Regid PVC 12.86 1.70 0.00 14.56 Poly Plast, K/K No. 901/1517, Rect. No. 142//13/2/2 situated at Pipes 0.73 Sangrur Road, Sunam, 0.10 Distt.Sangrur Village Sunam-B, HB No. 28, Tehsil Sunam, District Sangrur vide jamabandi for the year 1994-95 alongwith building constructed thereon. 10. M/s Shivam Surgicals (P) E-auction of land measuring 1B-13B and 19 Biswasi out Surgical 45.50 6.55 0.13 52.18 Ltd., Road, of 3B-4B-10B. Comprised of Khewat No. 13, Khatauni No. Cotton 2.61 Village Bhogiwal, Tehsil 29, Khasra No. 1423-24/792(3-4-10) situated at Village 0.10 Malerkotla, Distt.Sangrur Bhogiwal, Tehsil Malerkotla, Distt. Sangrur as entered in the copy of jamabandi for the year 1989-90 alongwith building & machinery constructed thereon. DISTT. BARNALA 11. M/s Garg Steel E-auction of land measuring 0K-17M being 17/160 Showels and 21.67 3.05 0.00 24.72 Near Gita Thread Ltd., share in 8K-0M comprised of Khewat No. 1061, Section 2.48 Handyaya Road, window 0.10 Distt. Barnala, Khatauni No. 1886, Rect. No. 125, Kila No. 1(8-0), situated in the revenue estate of Handaya, HB NO. 58, Tehsil & Distt. Barnala, as per jamabandi for the year 1998-99 alongwith building constructed thereon. DISTT. LUDHIANA 12. M/s Will International, Gill E-auction land measuring 0B-5B-0B (750 sq.yds.) Auto Parts 31.87 1.22 0.00 33.09 Bye-pass Road, VPO- comprised in Khewat No. 862, Khatauni No. 1238, 1.66 Gill, Distt. Ludhiana. Khasra No. 1901/1, situated in Village Gill No.1, HB 0.10 No. 263, Tehsil & District Ludhiana as per jamabandi for the year 1995-96 alongwith building constructed thereon. DISTT. 13. M/s Sehgal Ornaments E-auction of land measuring 0K-8M bearing Khasra No. Mfg. of Gold 10.20 2.98 0.00 13.18 Inds. 74, Khatauni No. 585-86, Khewat No. 417, HB No. 387, & silver 0.66 Mohalla Brahmna Da, situated in Village Hazipur, Tehsil Mukerian, District Ornaments 0.10 Main Bazar, Hajipur Hoshiarpur alongwith building constructed thereon. DISTT. 14. M/s Harjit Prit Palak E-auction of land measuring 2K-0M out of total land Tractor 7.14 2.18 0.00 9.32 Enterprises measuring 8K-5M (having 40/165 share) comprised in Accessories 0.47 Vill. Kot Krar Khan, PO- K/K No. 155/222, bearing Khasra No. 256(8-5), HB No. 0.10 Pattar Kalan, 196, situated in Village Kot Krar Khan, Tehsil & Distt. Distt. Kapurthala Kapurthala as entered in jamabandi for the year 1992-93 alongwith building constructed thereon. DISTT. 15. M/s Sodhi Diagnostic E-auction of land along with building measuring 2 X-Ray plant 7.23 1.53 0.00 8.76 Centre, 23, Main Bazar, Marlas No. 23-A, Municipal H.No. 1026/1024 0.44 Basti Guzan, Jalandhar situated at Main Bazar, Basti Guzan, Jalandhar 0.10 alongwith building constructed thereon. DISTT. FEROZEPUR 16. M/s Gupta Rice Mills, E-auction of land measuring 26K-14M out of land Sella Rice 56.07 18.65 0.00 74.72 Vill. Haraj, Talwandi Bhai measuring 37K-8M comprised of Khewat No. 467, Plant 3.74 Khatauni No. 861 and 862, R/No. 58, Kila No. 16/1(5- 0.10 2), 16/2(2-18), 17/1(7-0), 25(7-18), R.No. 65, Kila No. 5 min (1-3), R.No. 58, Kila No. 17/2(0-8), 24(7-8), R/No. 65, Kila No. 4(5-5) 5 min (0-6) situated in Village Haraj Talwandi Bhai, Tehsil & District Ferozepur as entered in the jamabandi for the year 1990-91 alongwith building constructed thereon.

DISTT. 17. Inder Polymers E-auction of land measuring 1K-0M being 20/377 share in Water 9.52 1.10 0.00 10.62 Village Cheema Bath, land measuring 18K-17M comprised in Khata/Khatauni Storage 0.54 G.T.Road, Near No. 291/658 and 659, R/Killa No. 9//5/1/2(6-8), 6(8- Tank 0.10 Markfed Godown, 0),15/1(4-9) situated in Cheema Bath, Tehsil Baba Bakala, Rayya, Distt. Distt. Amritsar as entered in the jamabandi for the year Amritsar year 1995-96 alongwith building constructed thereon.

18. Surindera Textiles E-auction of land measuring 2K-0M bearing K/K No. Synthetic 11.20 1.29 0.00 12.49 VPO- Rattoke, Tehsil 137/559 Khasra No. 565/1 min (2-0) as per jamabandi Blankets 0.63 & Distt. Tarn Taran. for the year 1991-92 situated at Village Rattoke, 0.10 Tehsil Tarn Taran, District Amritsar alongwith building constructed thereon.

* Details of acquired unit and terms & conditions of the sale are available at website of www.punfincorp.in, www.pbindustries.gov.in and https://puda.e-auction.in/ * Bidders are required to enroll at https://puda.e-auction.in/ by clicking the link "Sign Up" from 10.00 a.m. on 17.8.2020 to 25.8.2020 at 3.00 pm. However, the auction will be held from 10.00 a.m. on 24.8.2020 to 3.00 p.m. on 26.8.2020. The bidders will be required to choose a unique username and assign a password for their accounts.

* The bidders are advised to use a proper high data Network Connection, PFC will not be responsible for any network failure or lapse on their part.

* Any compendium pertaining to the aforesaid property or any intimation regarding extension of e-auction shall be announced on www.pbindustries.gov.in and https://puda.e-uction.in/

For technical assistance: Contact Authorized Officer at Mobile No. 9780139383 Email: [email protected] I helpdesk @puda.gov.in

Terms & Conditions of acquired units for sale are as under:-

1 Inspection of the aforementioned property will be allowed to the intending purchasers with prior appointment on the Phone numbers given below on any working day from 17.7.2020 to 17.8.2020. The intending bidder may carry out due diligence with regard to land from the Revenue Authorities. 2 The intending purchaser will be responsible for all statutory/government dues/local bodies liabilities in respect of land & building, if any. 3 The prospective buyers are required to obtain NOC from PSIEC in respect of lease hold plots allotted by PSIEC and shall also be responsible for all statutory/local bodies liabilities, if any. 4 The prospective buyers, who have purchased the property in the past from the Corporation and are in still default, shall not be eligible to give bid. 5 The detailed terms & conditions of the offer for sale can be had from the Head Office as well as District Offices of PFC at Jalandhar and Ludhiana on any working day. 6 The successful bidder shall have to deposit 25% of the sale consideration including earnest money already paid within 10 days in case of purchase of entire unit and 100% of sale consideration including earnest money already paid in case of purchase of plant and machinery and/or vehicle only within 30 days from the date of issue of offer letter. 7 In case of purchase of entire unit, the balance 75% of sale consideration is payable in monthly equated installments without any interest in 3 months (if the sale value is less than Rs.100.00 lacs) and 6 months (if the sale consideration is Rs.100.00 lacs upto Rs. 150.00 lacs). However, the interest @12% p.a. compounded quarterly is payable from the date of sale agreement if total sale consideration is paid after 3 months but within 12 months (if the sale value is less than Rs.100.00 lacs) and beyond 6 months but within 18 months (if the sale consideration is upto Rs.150.00 lacs). In case of sale consideration is more than 150.00 lacs and upto Rs. 500.00 lacs, the interest free period to be allowed shall continue to remain the same i.e. 6 months from the date of sale agreement. However, if the purchaser wants to avail longer period, then in such cases, the maximum period allowed for the repayment of sale consideration shall stand enhanced from present 1½ years to two years along with interest @12% compounded quarterly from the date of sale agreement as per existing practice. For units sold for more than Rs. 500.00 lacs, the purchaser shall have the liberty to pay up the balance 75% of the sale consideration in monthly equated installments within 9 months from the date of sale agreement without interest or within a maximum period of two years from date of sale agreement, but interest @12% compounded quarterly as per existing practice. 8 The possession will be handed over after receipt of entire sale consideration. 9 If the offer made is accepted by the Corporation, and offerer does not deposit the 25% of the bid amount within stipulated period, the earnest money deposited by the offerer shall stand forfeited. 10 Original promoters/borrowers/guarantors may join sale proceedings on the date and time mentioned above or they may also make their offers or bring other parties to bid for open auction in response to this advertisement as per the schedule indicated above against each unit along with Demand Draft as indicated against each of the unit as above. No separate notice shall be given to the original promoters/guarantors and their not joining at this stage shall automatically be deemed that they are not interested in the purchase of the captioned assets. 11 The Corporation reserves the right to accept offer or reject any/all offer and also withdraw auction of any property without assigning any reason. 12 GST and other taxes as may be applicable will be borne by prospective buyers. 13 No interest shall be paid on the earnest money deposited by the bidders.

MANAGING DIRECTOR, PUNJAB FINANCIAL CORPORATION, SECTOR 17-B,CHANDIGARH M.NO. 8559053536, 9815920399