Limited Credit Recovery and Management Department Administrative Office : No. 24-B, Gandhi Nagar, - 612 001. E-Mail id : [email protected], Ph : 0435-2432322, Fax : 0435-2431746 RE-TENDER-CUM-AUCTION SALE NOTICE UNDER SARFAESI ACT 2002 The following property/ies mortgaged to City Union Bank Limited will be sold in Re-Tender- cum-Public Auction by the Authorised Officer of the Bank, under Rule 8 (6) & 9 of the Security Interest (Enforcement) Rules, 2002, under the SARFAESI Act, 2002, for recovery of a sum of Rs.20,68,439/- (Rupees Twenty Lakh Sixty Eight Thousand Four Hundred and Thirty Nine Only) as on 30-07-2020 together with further interest to be charged from 31-07-2020 onwards and other expenses, any other dues to the Bank by the borrowers / guarantors No.1) Mr. V. Sundaramoorthy, S/o. Late Veluchamy, No.73, VOC Nagar 2nd Street, - 628 502. No.2) Mrs. S. Santhi, W/o. Mr. V. Sundaramoorthy, No.73, VOC Nagar 2nd Street, Kovilpatti - 628 502. No.3) Mrs. Ponnuthai, W/o. Late Veluchamy, No.147, Sinnathambbi Kovil Street, Kilagopalapuram Endra K. Puthur, Sundarapandiapuram Village, . Also at:- Mrs. Ponnuthai, W/o. Late Veluchamy, 1/147, Keelaputhur @ K. Pudur Mandal, Sundarapandiapuram Village, Virudhunagar - 626 126. No.4) Mrs. G. Selvam, W/o. Mr. Ganesan, No.2/37, North Street, Pallapatti (Post), Nilakottai Taluk, - 624 201. Immovable Properties Mortgaged to our Bank (Property Owned by Mrs. Ponnuthai, W/o. Late Veluchamy, Mr. V. Sundaramoorthy, S/o. Late Veluchamy, Mrs. G. Palani Selvam, W/o. Mr. Ganesan) Property - 1 Virudhunagar Registration District, Sub-Registrar Office Circle, Vathirairuppu Union, Sundarapandiapuram Village, Keela Gopalapuram @ K. Pudur Hamlet, Old Natham Survey No.925/1 Part, according to the new Re-Survey, Present Natham Survey No.1821/30 an extent of East-West on the North - 3.6 metre, East-West on the South - 4.0 metre, North-South on the East - 5.2 metre and North-South on the West - 5.4 metre (i.e.) 0.0020.0 Sq.metre within this R.C.C. House Building with upstairs bearing Door No.1/147. Bounded as:- North by - East-West Street, South by - House belongs to Gurusamy Thevar, East by - Vacant site belongs to Selvaraj (Natham Survey No 1821/31), West by - House belongs to Subbaiah. Reserve Price: Rs.3,50,000/- (Rupees Three Lakh Fifty Thousand Only) Property - 2 Virudhunagar Registration District, Coonoor Sub-Registrar Office Circle, Vathirairuppu Union, Sundarapandiapuram Village, Keela Gopalapuram @ K. Pudur Hamlet, Punja Land in Survey No.909/2, Hec. 0.12.00 (i.e.), 32 Cents. As per Valuation Bounded as:- North by - Survey No. 908, more than 20 BT Surface Road, South by - Survey No.904/4, East by - Survey No.909/3, West by - Survey No.909/1C. Reserve Price: Rs.3,20,000/- (Rupees Three Lakh Twenty Thousand Only) Property - 3 Virudhunagar Registration District, Coonor Sub-Registrar Office Circle, Vathirairuppu Union, Natham Patti Village, Survey No.554/3 an extent of 3 Acre 65 Cents within this Eastern end 40 Cents, Bounded as (Sub-Division No.554/8D):- North by - Street, West by - Palanisamy Nadar Land, South by - 3rd Item, East by - Land belongs to Karuppaye and Inasimuthu. Survey No.568/1 an extent of 1 Acre 23 Cents within this Eastern end 15 Cents, Bounded as Sub-Division No.568/1G):- North by - 3rd Item, West by - Palanisamy Nadar Land, South by - Sivagurunatha Pillai Land, East by - Irulappan Land. Survey No.569/1 an extent of 65 Cents within this Eastern end 31 Cents, bounded as Sub-Division No.569/1D, Hec. 0.17.5 Cents 18½:- North by - 1st Item, South by - 2nd Item, West by - Palanisamy Nadar Land, East by - Land belongs to Inasimuthu & Irullapan. The above all 3 Items of Property Totally an extent of 73½ Cents within this Southern side 56½ Cents, Bounded as:- North by - Meenammals Land, West by - S. Subramanians Land, South by - Sivagurunatha Pillai’s Land, East by - Land belong to Poosari & Veeraputhiran. The Well in Survey No.568/1A with Electric Motor - 2/3 rights in the Well Water. Reserve Price: Rs.4,00,000/- (Rupees Four Lakh Only) AUCTION DETAILS Date of Re-Tender-cum-Auction Sale Venue City Union Bank Limited, Srivilliputhur Branch, 23-12-2020 No.144/2, South Car Street, Srivilliputhur - 626125. Telephone No.04563-262777, Cell No. 9344023529. Terms and Conditions of Re-Tender-cum-Auction Sale: (1) The intending bidders should be present in person for the auction and participate personally and give a declaration in writing to the effect that he/she is bidding for himself / herself. (2) The intending bidders may obtain the Tender Forms from The Manager, City Union Bank Limited, Srivilliputhur Branch, No.144/2, South Car Street, Srivilliputhur - 626 125. (3) The intending bidders should submit their bids only in the Tender Form prescribed in sealed envelopes addressed to The Authorised Officer, City Union Bank Ltd., together with a Pay Order / Demand Draft for an EMD of 10% of the Reserve Price, drawn in favour of “City Union Bank Ltd.”, on or before 12.00 Noon on the date of Tender cum-Auction Sale hereby notified. (4) For inspection of the property and other particulars, the intending purchaser may contact Telephone No.04563-262777, Cell No. 9344023529. (5) The property/ies are sold on “As-is-where-is”, “As-is-what-is” and “whatever-there is” basis. (6) The sealed tenders will be opened in the presence of the intending bidders at 01.00 p.m. on the date of Tender-cum-Auction Sale hereby notified. Though in general the sale will be by way of closed tenders, the Authorised Officer may, at his sole discretion, conduct an Open Auction among the interested bidders who desire to quote a bid higher than the one received in the closed tender process, and in such an event, the sale shall be conferred on the person making highest bid. The sale, however, is subject to confirmation of City Union Bank Limited. (7) The successful bidder shall have to pay 25% (inclusive of EMD paid) of the sale amount immediately on completion of sale and the balance amount of 75% within 15 days from the date of confirmation of sale, failing which the initial deposit of 25% shall be forfeited. (8) The Sale Certificate will be issued by the Authorised Officer in favour of the successful purchaser only after receipt of the entire sale consideration within the time limit stipulated herein. (9) The successful purchaser shall bear the charges/fees payable for conveyance, such as stamp duty, registration fee etc., as applicable under law. (10) The successful bidder should pay the statutory dues (lawful house tax, electricity charges and other dues), TDS, GST if any, due to Government, Government Undertaking and local bodies. (11) The Authorised Officer shall have all the powers to accept or reject the bids or postpone or cancel the sale without assigning any reason whatsoever. Place: Kumbakonam, Date: 30-11-2020 Authorised Officer Regd. Office : 149, T.S.R. (Big) Street, Kumbakonam, District, - 612 001, CIN - L65110TN1904PLC001287, Telephone No. 0435-2402322, Fax : 0435-2431746, Website : www.cityunionbank.com