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1 Pondicherry Branch No.147, Istfloor,Jawaharlal Nehru Street, P.O BOX

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1 Pondicherry Branch No.147, Istfloor,Jawaharlal Nehru Street, P.O BOX Pondicherry Branch No.147, IstFloor,Jawaharlal Nehru Street, P.O BOX No.22 Pondicherry,PIN: 605001 Email ID:[email protected] Ph: Tel:0413-2337044 Ref:ADV/SARFAESIA/2020 Date: 29-01-2020 To 1.Mr Angappan Poongavanam 2.Mr Natarajan K s/o 3.Mr Palani L, S/o S/o Pongavanam A Kuppusamy Lognathan M/s SakthiMurugan Saw Mill 93, ECR Main Road No 8 -10 ,Mailam Road 45,ECR Main Road Keelputhupattu Sedarapet, EillaiTharrsu,Keelputhupattu Tindivanam Taluk Pondicherry.605502 Tindivanam Taluk Tamilnadu -605104 Tamilnadu -605104 APPENDIX-IV-A [See proviso to Rule 8 (6)] Sale notice for Sale of Immovable Properties E-Auction Sale Notice for Sale of Immovable Assets under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with proviso 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 property mortgaged/charged to the Secured Creditor, the possession of which has been taken by the Authorized Officer of Union Bank of India, Secured Creditor, will be sold on “As is where is”, “As is what is”, and “Whatever there is” on 05.03.2020 (Thursday) between 11:00 AM To 1:00 PM, for recovery of Rs.17,90,093.00(Rupees seventeen lacs ninety thousand ninety three only) as on 31.12.2019plus future interest and cost due to the UNION BANK OF INDIA, Pondicherry Branch, Secured Creditor from the borrowers/guarantors namely 1. Mr Angappan Poongavanam,S/o.Pongavanam A addressed at M/s SakthiMurugan Saw Mill,45,ECR Main Road,EillaiTharrsu,Keelputhupattu,TindivanamTaluk,Tamilnadu -605104,2. Mr Natarajan K S/o Kuppusamy, addressed at 93, ECR Main Road, Keelputhupattu,Tindivanam Taluk, Tamilnadu -605104 & 3. Mr Palani L, S/o Lognathan addressed at No 8 -10, Mailam Road, Sedarapet,Pondicherry.605502 1 Interested Bidders shall remit the refundable EMD of 10% of reserve price by way of RTGS/NEFT/Funds Transfer to the Credit of A/c. No. 379501980050000, Union Bank of India, Pondicherry Branch, IFSC Code UBIN0537951 or by DD/Pay order favouring Union Bank of India, Pondicherry Branch payable at Pondicherry on or before 04.03.2020 (Wednesday) before 3 pm. Reserve Price Earnest Money Deposit Rs.65,00,000/- Rs.6,50,000/- (Rupees Sixty Five lakhs only) (Rupees Six lakhs Fifty Thousand only) SCHEDULE OF PROPERTY All that piece and parcel of land having an extent of 17 cents of land together with Building and all other improvements thereon at New Survey No 427/3, Old Survey No 529/8 in Keezhpoothupattu Village within the Registration Sub District of Marakkanam and Sub Registration District of Tindivanam situated at 45, ECR Main Road, EllaiTharrsu, Keezhpoothupattu Puducherry, Tindivanam Taluk, Tamil Nadu - 605104 in the name ofMr.AngappanPoongavanam. Boundaries :South by Selvaraj’sPunja ,North by Mahalingam’sPunja,West by Srinivasan’s Punja,East by Road For detailed terms and conditions of the sale, please refer to the link provided in Union Bank of India websiteie: www.unionbankofindia.co.in, www.bankeauctions.comof Service Provider M/s.C1 India Pvt Ltd Plot No. 301, Gulf Petrochemical Building,1st floor, UdyogVihar Phase -2 Gurgaon, Haryana- 122015 India, Phone No.0124-4302000/4302010 and having Chennai number as 9840446485and Email ID [email protected] or shrinatth.narasimhan@ c1india. comor may contact Chief Manager &Authorised Officer in this account Mr.MAHARANA CHAKRADHAR, Union Bank of India Pondicherry Branch contact number :7735012881 Tel:0413-2337044 . For ascertaining the details of auction and inspection of property: Contact Nos. 9585534455,7892338896-&044-27462323,E-mailID:- [email protected] Date:29-01-2020 Chief Manager & Place:Pondicherry Authorized Officer STATUTORY 30 DAYS SALE NOTICE UNDER RULE 8(6)/RULE 9(1) OF STATUTORY INTEREST (ENFORCEMENT) RULES 2002 This may also be treated as notice u/Rule8(6)/Rule 9(1) of Security Interest (Enforcement) Rules,2002 to the borrower/s and guarantor/s of the said loan about the holding of E-Auction Sale on the above mentioned date. PONDICHERRY BRANCH, No.147, IstFloor,Jawaharlal Nehru Street, P.O BOX No.22,Pondicherry,PIN: 605001 Tel:+910413 2338289 , 2337044. Email: [email protected]. 2 TERMS & CONDITIONS OF ONLINE E- AUCTION SALE 1. Description of the immovable SCHEDULE OF THE PROPERTY property to be auctioned All that piece and parcel of land having an extent of 17 cents together with Building and all other improvements thereon at New Survey No 427/3, Old Survey No 529/8 in Keezhpoothupattu Village within the Registration Sub District of Marakkanam and Sub Registration District of Tindivanam situated at 45, ECR Main Road, EllaiTharrsu, Keezhpoothupattu Puducherry, Tindivanam Taluk, Tamil Nadu - 605104 in the name of Mr. AngappanPoongavanam. Boundaries :South by Selvaraj’sPunja ,North by Mahalingam’sPunja,West by Srinivasan’s Punja,East by Road 2. Name of Borrower / Mortgagor Mr. Angappan Poongavanam 3 Debt Due With Interest And Cost Rs.17,90,093.00(Rupees seventeen lacs ninety thousand ninety three only) as on 31.12.2019plus future interest and legal expenses and other charges and costs till full realization of debts. 4 Date and time of Auction 05.03.2020 (Thursday) between 11:00 AM To 1:00 PM with unlimited extension of “5”minutes each i.e. the end time of e- auction will be extended by 5 Minutes each time if bid is made within the last 5 minutes before closure of auction. 5 Reserve Price Rs.65,00,000/-(Rupees Sixty Five lakhs only) 6 Earnest Money Deposit (EMD) Rs.6,50,000/-(Rupees Six lakhs Fifty Thousand only) 7 Last date of submission of bids On or before 04.03.2020 (Wednesday)03:00 pm 8 Bid Increment Amount by Rs. 25,000/- (Rupees Twenty five Thousand Only) 9. Date & Time of inspection of 29.02.2020 (Saturday) between 11:00PM to 1:00 PM property for intending purchasers 10 Details of encumbrances over the Nil property, as known to the Bank 3 11. The Property is being sold on “AS IS WHERE IS”, “AS IS WHAT IS”, “WHATEVER THERE IS”. As such, sale is without any kind of warranties & indemnities. 12. Particulars of the property/asset (viz. extent & measurements specified in the E-Auction Sale Notice) have been stated to the best of information of the Authorized Officer and Authorized Officer shall not be answerable for any error, misstatement or omission. Actual extent & dimensions may differ. 13. E-Auction Sale Notice issued by the Bank is an invitation to the general public to submit their bids and the same does not constitute and will not be deemed to constitute any commitment or any representation on the part of the Bank. Interested bidders are advised to peruse the copies of title deeds with the Bank and to conduct own independent enquiries/due diligence about the title & present condition of the property/ assets and claims/ dues affecting the property before submission of bid/s. 14. Auction/ bidding shall only be through “online electronic mode” through the website www.bankeauctions.com by the service provider M/s C1 India PvtLtd. who shall arrange and coordinate the entire process of auction through the e- auction platform. 15. The bidders may participate in e-auction for bidding from their place of choice. Internet connectivity shall have to be ensured by bidder himself. Banks/service provider shall not be held responsible for the internet connectivity, network problems, system crash, power failure etc. 16. For details, help, procedure and online bidding on e-auction prospective bidders may contact the Service Provider M/s C1 India Pvt Ltd, Plot No. 301, Gulf Petrochemical Building, 1st floor , UdyogVihar Phase -2 Gurgaon, Haryana- 122015 India, Phone No. 0124-4302000/4302010and having Chennai Number 9840446485and Email ID as [email protected]. 17. For participating in the e-auction sale, the intending bidders (having valid address and identity proof and PAN Card) after submitting the Earnest Money Deposit, should register their details with the service provider M/S C1 India Pvt Ltd well in advance and shall get the user id and password. Intending bidders are advised to change only the password immediately upon receiving it from the service provider. 18. For participating in E-auction, intending bidders have to deposit a refundable EMD of 10% of reserve price by way of RTGS/NEFT/Funds Transfer to the credit of A/c No. 37501980050000, UNION BANK OF INDIA, PONDICHERRY BRANCH through IFSC Code: UBIN0537951 or by DD/Pay order favouringUnion Bank of India, PONDICHERRY Branchpayable at Pondicherry. 19. The intending bidders should submit the duly filled in Bid Form (format available in the above website) along with the DD/ PO / quoting the UTR No. of NEFT/RTGS remittance towards EMD in a sealed cover addressed to the AUTHORIZED OFFICER, UNION BANK OF INDIA, PONDICHERRY BRANCH latest by 03.00 PM on 04.03.2020 (Wednesday).The sealed cover should be superscribed with “Bid for Participating in E-Auction Sale - in the A/c of Mr Angappan Poongavanam”. 20. After expiry of the last date of submission of bids with EMD, Authorised Officer shall examine the bids received by him and confirm the details of the qualified bidders (who have quoted their bids over and above the reserve price and paid the specified EMD with the Bank) to the service provider M/s C1 India Pvt Ltd to enable them to allow only those 4 bidders to participate in the online inter se bidding /auction proceedings on the date and time mentioned in E-Auction Sale Notice. 21. Interse bidding among the qualified bidders shall start from the highest bid quoted by the qualified bidders.
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