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Sale Notice for Sale of Immovable Properties

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Sale Notice for Sale of Immovable Properties STATE BANK OF INDIA Stressed Assets Recovery Branch Chennai Authorised Offical's Details: 2nd Floor, Red Cross Buildings, # 32, Red Cross Name: Shri R Bhaskar Road , Egmore, Chennai – 600008. Mobile No: 9444371413, 9445015534 Telephone: 044-28881034/51 E-mail: [email protected] [See Proviso to Rule 8(6)] SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES E-Auction Sale Notice for Sale of Immovable Assets under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with provisio to Rule 8(6) of the Security Interest (Enforcement) Rules, 2002 Notice is hereby given to the public in general and in particular to the Borrower(s) and Guarantor(s) that the below described immovable properties mortgaged to the Secured Creditor, the constructive possession of which has been taken by the Authorised Officer of State Bank of India, being the Secured Creditor, will be sold on “Äs is where is”, “As is what is “, and “Whatever there is” basis on 23.04.2020 for recovery of ₹3,05,49,440.75 (Rupees Three Crores Five Lakhs Forty Nine Thousands Four Hundred and Forty Paise Seventy Five Only) as on 29.02.2020 with future interest and costs due to the State Bank of India, SARB, Chennai from the Borrower(s) and the Guarantor(s) as mentioned below. The Reserve Price will be ́₹91,00,000/- (Rupees Ninety One Lakhs Only) and the Earnest Money Deposit (EMD) will be ₹9,10,000/- (Rupees Nine Lakhs Ten Thousands Only) the latter amount to be deposited with the Bank, on or before 21.04.2020 (last date for receipt of EMD) Name of the Borrowers and Guarantors Perfect Vending (India) Pvt Ltd., Shri. Sanjeev Mohan Perfect Vending (India) Pvt Ltd., 4B-1 KSR Main Road, S/o Shri. G Mohan Das, 1/46, Pandurangapuram, Padi, KSR Nagar, Near Telephone Flat No.E, Spring Wood Apts., Chennai – 600 050 Exchange, Ambattur, No.6, Ranjith Road, Kotturpuram, Chennai – 600 053 Chennai – 600 085 Smt. Shyamala Somasekharan, Shri. Sanjeev Mohan Shri D Sacrates W/o Late Shri V P S/o Shri. G Mohan Das, S/o Shri V K Das Somasekharan, No.40/41, First ‘SIVAM’, 31/20/B-3, Door No.87, Lal Bahadur Shastri Floor, Mahatma Gandhi Street, 3RD Street, Ambelipadam Road, 3rd Street, Lal Bahadur Shastri Golden George Nagar, Vytilla, Ernakulam – 682 019 Nagar, Minjur, Thiruvallur District Nerkundram, Chennai – 600 107 Kerala State Chennai – 601 203 Shri V S Shyam Kumar Smt S Poosammal Smt. Meenakshi S/o Late Shri V P W/o Shri D Sacrates W/o Shri D Sacrates Somasekharan, No.40/41, First Door No.87, Lal Bahadur Shastri Door No.47, Lal Bahadur Shastri Floor, Mahatma Gandhi Street, 3rd Street, Lal Bahadur Shastri 2nd Street, Lal Bahadur Shastri Golden George Nagar, Nagar, Minjur, Thiruvallur District Nagar, Minjur, Thiruvallur District Nerkundram, Chennai – 600 107 Chennai – 601 203 Chennai – 601 203 DESCRIPTION OF PROPERTIES Item No:1 1. Name of Title Deed Holder : M/s Perfect Vending (I) Pvt Ltd. All that piece and parcel of vacant ground, house site, bearing Plot No: 59A at “Sakthi Garden” layout (via Madha Koil Street, Vivekanandan Nagar, Okkiam Thuraipakkam, Chennai – 600 097) to the extent of 2400 Sq.Ft.,, comprised in Survey Nos. 396/1, 396/3A, 386/1C2 and 386/2D and according to patta no.2814 issued by Tambaram Taluk Office, Survey Nos.386/1C2B, 2D2 and 1B at Okkiam Thuraipakkam Village, Tambaram Taluk, Kanchipuram District measuring East to West: North to South: On the Northern side - 40 Feet On the Eastern side - 60 Feet On the Southern side - 40 Feet On the Western side - 60 Feet In all 2400 Sq.Ft., and bounded on North - Plot No.58 & 63 South - 20 Feet Road East - Plot No.64 West - Property belonging to E.V.Chandrasekar Situated within the Registration District of South Chennai and Sub-Registration District of Neelankarai Encumbrances known to the Bank, if any : Nil Claims on the firms’ dues from ESIC, EPFO, Income Tax Depts amounts to ₹46.99 Lakhs For detailed terms and conditions of the sale, please refer to the link provided in the State Bank of India, the Secured Creditor’s website www.sbi.co.in Chief Manager & Authorised Officer THE TERMS AND CONDITIONS OF SALE TO BE UPLOADED ON THE WEBSITE OF THE SECURED CREDITOR. Property will be sold on ‘AS IS WHERE IS, AS IS WHAT IS AND WHATEVER THERE IS” Basis 1 Name and address of the M/s Perfect Vending India Pvt Ltd., Borrower 1/46, Pandurangapuram, Padi, Chennai – 600 050 2 Name and address of Branch, the State Bank of India, secured creditor Stressed Assets Recovery Branch, 2nd Floor, Red Cross Buildings, # 32, Red Cross Road , Egmore, Chennai – 600008. 3 Description of the immovable secured assets to be sold. 1. Name of Title Deed Holder : M/s Perfect Vending (I) Pvt Ltd. All that piece and parcel of vacant ground, house site, bearing Plot No: 59A at “Sakthi Garden” layout (via Madha Koil Street, Vivekanandan Nagar, Okkiam Thuraipakkam, Chennai – 600 097) to the extent of 2400 Sq.Ft.,, comprised in Survey Nos. 396/1, 396/3A, 386/1C2 and 386/2D and according to patta no.2814 issued by Tambaram Taluk Office, Survey Nos.386/1C2B, 2D2 and 1B at Okkiam Thuraipakkam Village, Tambaram Taluk, Kanchipuram District measuring East to West: North to South: On the Northern side - 40 Feet On the Eastern side - 60 Feet On the Southern side - 40 Feet On the Western side - 60 Feet In all 2400 Sq.Ft., and bounded on North - Plot No.58 & 63 South - 20 Feet Road East - Plot No.64 West - Property belonging to E.V.Chandrasekar Situated within the Registration District of South Chennai and Sub-Registration District of Neelankarai 4 Details of the encumbrances Nil known to the secured creditor. 5 The secured debt for recovery of ₹3,05,49,440.75 (Rupees Three Crores Five Lakhs Forty which the property is to be sold Nine Thousands Four Hundred and Forty Paise Seventy Five Only) as on 29.02.2020 with future interest and costs 6 Deposit of earnest money (EMD) ₹9,10,000/- (Rupees Nine Lakhs Ten Thousands Only) (10% of Reserve Price) being the 10% of Reserve price to be remitted by RTGS / NEFT to the Bank account or Demand Draft drawn in favour of State Bank of India, Stressed Assets Recovery Branch, Chennai drawn on any Nationalised or Scheduled Bank. 7 (i) Reserve Price of the (i) Item 1 : ₹91,00,000/- (Ninety One Lkahs Only) immovable secured assets: (ii) A/c No.: 31277538271 IFSC: SBIN0001516 (ii) Bank account in which EMD Bank : State Bank of India, SARB, Egmore, to be remitted. Chennai-600 008 (iii) Date : 21.04.2020 and Time : 4:00 PM (iii) Last Date and Time within which EMD to be remitted: 8 Time and manner of payment The successful bidder shall deposit 25% of sale price, after adjusting the EMD already paid, immediately, i.e. on the same day or not later than next working day, as the case may be, after the acceptance of the offer by the Authorised Officer, failing which the earnest money deposited by the bidder shall be forfeited. The Balance 75% of the sale price is payable on or before the 15th day of confirmation of sale of the secured asset. 9 Time and place of public e- Date: 23.04.2020 Auction or time after which sale Time : Between 10:00 AM and 11:00 AM with unlimited by any other mode shall be extensions of 5 minutes each for the above items. completed. 10 The e-Auction will be conducted through the Bank’s approved M/s.C1 India Private Limited, at the web portal service provider. https.//www.bankeauctions.com. e-Auction tender documents containing e-Auction bid form, declaration etc., are available in the website of the service provider as mentioned above 11 (i) Bid increment amount: (i) ₹25,000/- (Rupees Twenty Five Thousand Only) (ii) Auto extension: (limited / (ii) with unlimited extensions of 5 minutes each. unlimited) (iii) Rupees (iii) Bid currency & unit of measurement 12 Date and Time during which Date: 01.04.2020 to 21.04.2020 inspection of the immovable Time: 10:00 AM to 04:00 PM secured assets to be sold and intending bidders should satisfy Name: K Mahesh, Deputy Manager themselves about the assets and (Mobile No. 94450 15534) their specification. Contact person with mobile number 13 Other conditions (a) Bidders shall hold a valid digital Signature Certificate issued by competent authority and valid email ID (e -mail ID is absolutely necessary for the intending bidder as all the relevant information and allotment of ID and Pass word by M/s. C1 India Private Ltd (vendor name) may be conveyed through e mail. (b) The intending bidder should submit the evidence of EMD deposit like UTR number along with Request letter for participation in the e-Auction, self-attested copies of (i) Proof of Identification (KYC) Viz ID card / Driving Licence/Passport etc., (ii) Current Address -proof of communication, (iii) PAN card of the bidder (iv) Valid e-mail ID (v) Contact number(mobile/Land line of the bidder etc., to the Authorised Officer of State Bank of India, SARB, Egmore, Chennai by 21.04.2020 (Date) before 4:00 PM (time). Scanned copies of the original of these documents can also be submitted to e-mail Id of Authorised Officer. (c) Names of Eligible Bidders will be identified by the State Bank of India, SARB, Egmore, Chennai (Branch Name) to participate in online e-Auction on the portal https.//www.bankeauctions.com.
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