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The Maharashtra State Co-Operative Bank Ltd., Mumbai

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The Maharashtra State Co-Operative Bank Ltd., Mumbai Akot SSG Ltd.-Tender The Authorised Officer Of The Maharashtra State Co-operative Bank Ltd., Mumbai (Incorporating TheVidarbha Co-Op Bank Ltd.) Sir Vithaldas Thackersey Memorial Bldg., 9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai – 400 001., Maharashtra Reference No. MSCB/DIRR/SEC- 46/380/2020-21 dated 12/01/2021 For Sale of Assets Of AKOT TALUKA SAHAKARI SOOT GIRNI LTD., VILLAGE- JOGBAN, AKOT- HIWARKHED ROAD, TAL. AKOT, DIST. AKOLA, MAHARASHTRA Under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 And Security Interest (Enforcement) Rules, 2002 1 | P a g e Akot SSG Ltd.-Tender TABLE OF CONTENTS I. COPY OF THE NOTICE OF SALE ……………………………………………………………………………………….3 II. COPY OF POSSESSION NOTICE………………………………………………………………………………………..5 III. INTRODUCTION ……………………………………………………………………………………………………………..6 IV. DETAILS OF SECURED ASSETS- IMMOVABLE ASSETS/PROPERTIES…………………………………...7 V. DETAILS OF SECURED ASSETS- MOVABLE ASSETS AND MACHINERY…………………………………9 VI. OUTSTANDING DUES OF THE SECURED CREDITIORS….…………………………..……………………….12 VII. TERMS AND CONDITIONS………………………….……………………………………………………………………13 VIII. BRIEF DETAILS OF BID/OFFER DOCUMENT.……………………………………………………………….......18 IX. FORM OF BID/OFFER………………………………………………………………………………………………………19 X. FORM OF APPENDIX TO THE BID/OFFER (DECLARATION BY THE BIDDER)……………………….20 XI. FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER/COMPANY/FIRM/PARTY………….22 XII. DEED OF UNDERTAKING CUM INDEMNITY…………..………………………………………………………….24 2 | P a g e Akot SSG Ltd.-Tender I. Copy of the Notice for Sale THE MAHARASHTRA STATE CO-OPERATIVE BANK LTD., MUMBAI (Incorporating The Vidarbha Co-Op Bank Ltd.) (Schedule Bank) Head Office: 2nd Floor, Sir Vithaldas Thackersey Memorial Bldg., 9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai – 400 001, Post Box No. 472 Tel Nos. 91-022-22822217/22876020. Web Site: www.mscbank.com Regional Office: THE MAHARASHTRA STATE CO-OPERATIVE BANK LTD., Dr. Dhananjay Gadgil Road, Mahal, Nagpur – 440032Tel No. 0712-2774967/2773930 RE-TENDER NOTICE FOR SALE SALE OF IMMOVABLE AND MOVABLE PROPERTIES OF AKOT TALUKA SAHAKARI SOOT GIRNI LTD., VILLAGE- JOGBAN, AKOT- HIWARKHED ROAD, TAL. AKOT, DIST. AKOLA, MAHARASHTRA In terms of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act, 2002) The undersigned being the Authorised Officer (AO) of The Maharashtra State Co-Operative Bank Ltd., Mumbai (Incorporating The Vidarbha Co-Op Bank Ltd.), hereby invites Bids/Offers in sealed envelopes for sale of the following properties of AKOT TALUKA SAHAKARI SOOT GIRNI LTD., VILLAGE- JOGBAN, AKOT- HIWARKHED ROAD, TAL. AKOT, DIST. AKOLA, MAHARASHTRA., under the provisions of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with the Security Interest (Enforcement) Rules, 2002, possession whereof have been taken by the undersigned on 11/07/2007. Brief Description of the Properties:- AKOT TALUKA2. SAHAKARI SOOT GIRNI LTD., is situated at VILLAGE- JOGBAN, AKOT- HIWARKHED ROAD, TAL. AKOT, DIST. AKOLA, MAHARASHTRA.,(manufacturer of yarn). It is 60 Km away from the Akola City. 3. Sr.No. Particulars Location Land Area 1. Factory4. land and Building, Plant VILLAGE- JOGBAN, AKOT- 25 Hectare 19 Are and Machinery. 17,280 Spindles HIWARKHED ROAD, TAL. Jogban-13.79 H. R 5. AKOT, DIST. AKOLA, Vadali Satvai-11.40 H.R MAHARASHTRA. 6. 2. (Rs. In Lacs) Sr.No. Property7. Reserve EMD 10% Date & Date & time Outstanding Price (Rs.) (EMD) (Rs.) Time of of opening of as on 30-09- 8. Inspection bids 2020 1 Lot:- A Factory, 19/01/2021 1022.09 102.20 28/01/2021 6725.77 Land9. (25.19 to H.R.) & 11.00 a.m. Building a. 20/01/2021 11.00 to 2 Lot:10.- B Plant and 05.00 p.m. 202.00 20.20 Machinery, Stores11. and spare parts & Scraps Total 1224.09 122.40 3 | P a g e Akot SSG Ltd.-Tender 1 The Bank intends to sell the assets detailed above as “AS IS WHERE IS, AS IS WHAT IS AND WHATEVER WHICH IS WITHOUT ANY WARRANTY, GUARANTEE, WITHOUT ANY RECOURSE, ASSURANCE AND UNDERTAKING OR REPRESENTATION OF ANY KIND WHATSOEVER”. The AO does not take or assume any responsibility for any shortfall of the movable/immovable assets, for procuring any permissions etc., or for any dues, statutory or otherwise viz. Provident Fund, Sales Tax, Central Excise, G.S.T., Worker’s Dues, Property Tax, Electricity Charges, Water Charges etc., of any authority established by law. Such dues if any, both existing & future relating to the property will have to be borne / paid by the purchaser. such dues including statutory dues are alongwith interest thereon to be paid on Pro-rata basis for each lot. The successful bidder of each lots should deposit the said pro-rata amount against all the dues of Girni with MSC Bank. The encumbrances marked in 7/12 Extracts also responsibility to be borne/paid by the Purchaser whatever is applicable as per law. 2 The higher bid/tender for Lot A orLot B shall be acceptable. However first prefrance shall be given to the bidder bidding for both lot A & B together if any of the bidder willing to run Girni on the same place then the highest bidder of Lot A or Lot B who is ready to match the tender price with highest bid of the said lots, the bid amount of that bidder shall be given priority over the other bid amounts. 3. On the date of opening of the tender, the AO will declare the highest bidder above the reserved price, as successful bidder. No inter-se bidding shall take place. The successful bidder would be required to bear all the necessary expenses like stamp duty, registration expenses etc., for transfer of secured assets. 4. EMD should be paid through RTGS (RTGS/NEFT: IFSC: MSCI 0082002, A/c. No.0002116900000010 DIRR HEAD OFFICE.) to “The Maharashtra State Co-operative Bank Ltd.,” on or before the date of submission of tender. The EMD shall be refunded to unsuccessful bidder on the same date or next working day of opening of bid. The EMD will not carry any interest. 5. The Bid document can be obtained from the undersigned during 12/01/2021 to 27/01/2021 on any working day (except second & fourth Saturday, Sunday and Public Holiday) between 11.00 a.m. to 5.00 p.m., on payment of non-refundable fee of Rs.25,000/-plus(+)GST 18% Rs.4500/- = Rs.29,500/- (Twenty Nine Thousand Five Hundred only), by NEFT. The Bid documents are available at Mumbai Head Office and Regional Office Nagpur. Further it can also be downloaded from website of the bank www.mscbank.com. In case of downloaded document, the document fees shall be paid through NEFT before submission of the proposal at the time of submission of proposal. 6. Bidder can submit bid for Lot-A, or Lot-B, or both Lot A & B. However, First preference shall be given to the bidder bidding for both Lot A & B together. EMD should be paid through RTGS/NEFT for each lot separately. 7. Tender submission on or before 27/01/2021 up to 5.00 p.m., at H.O., Mumbai. 8 Date of opening of Sale tender is on date 28/01/2021 at 11.00 a.m. 9. The AO reserves the right to accept/ reject any/or all the bids without assigning any reasons. In case all the bids are rejected, the AO reserves the right to sell the assets by any of the mode as prescribed in the SARFAESI Act, 2002. 10 After opening of bid, bidder whose bid for the lot is highest will be the Successful bidder for that Lot. The successful bidder would be required to bear all necessary expenses like Stamp duty, Registration expn. Etc. for transfer of secured assets. 11. The Bid document is available on MSC Bank website (www.mscbank.com) from 12/01/2021 to 27/01/2021 STATUTORY SALE NOTICE UNDER SARFAESI ACT,2002 The Borrower and Guarantors are hereby noticed to pay the total outstanding dues before the opening of bid failing which the secured assets will be auctioned and balance if any will be recovered with interest and cost from you. This notice was already given wide our advertisement of previous respective sale. Hence complied the statutory provision of 15 days. Date: 11/01/2021 Place: Mumbai SD/- [DR.AJIT DESHMUKH] Managing Director The Maharashtra State Co-Operative Bank Ltd., Mumbai The public notice published following newspapers: 1. Financial Express (All over Maharashtra) dated -11/01/2021 2. Loksatta (All over Maharashtra) dated 11/01/2021 4 | P a g e Akot SSG Ltd.-Tender II.COPY OF POSSESSION NOTICE THE MAHARASHTRA STATE CO-OPERATIVE BANK LTD., MUMBAI (Incorporating TheVidarbha Co-Op Bank Ltd.) (Schedule Bank) Head Office: 2nd Floor, Sir VithaldasThackersey Memorial Bldg., 9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai – 400 001, Post Box No. 472 Tel Nos. 91-022-22822217/22876020. Web Site: www.mscbank.com Regional Office: Tilak Putla Mahal, Nagpur-440 032. Tel No. 0712-2774967/2773930 POSSESSION NOTICE FOR IMMOVABLE AND MOVABLE PROPERTY Whereas the undersigned being the Authorised Officer of The Maharashtra State Co-Operative Bank Ltd., Nagpur Region, under the Securitisation and Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002 and in exercise of powers conferred under Section 13 (2) read with rule 9 of the Security Interest (Enforcement) Rules, 2002 issued demand notice dated 18/03/2005, and taken possession under section 13 (4) of the said Act on 11/07/2007. The above notice was published in Lokmat Marathi newspaper on 14/07/2007. SD/- AUTHORISED OFFICER ALIAS ASSISTANT MANAGER The Maharashtra State Co-Operative Bank Ltd., Mumbai Regionl Office: Nagpur 5 | P a g e Akot SSG Ltd.-Tender III. INTRODUCTION The Maharashtra State Co-Operative Bank Ltd., at Mumbai in the State of Maharashtra (MSCB) issued a demand notice dated 18/03/2005 under Section 13 (2) of the Securitisation and Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002 (hereinafter referred to as “the SARFAESI Act”) calling upon AKOT TALUKA SAHAKARI SOOT GIRNI LTD., VILLAGE- JOGBAN, AKOT- HIWARKHED ROAD, TAL.
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