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E-AUCTION SALE NOTICE E-Auction Sale Notice for Sale

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E-AUCTION SALE NOTICE E-Auction Sale Notice for Sale STATE BANK OF INDIA STRESSED ASSETS RECOVERY BRANCH COIMBATORE Authorised Officer’s Details: 377/1, Dr.Nanjappa Road, Name: - Shri.K.Munindra Kumar Behind N.S.Palaniappa Nursing Home e-mail ID: - sbi.10204 @sbi.co.in COIMBATORE 641 018 MobileNo:- 9442548484 Landline No. (Office):- 0422-2233850 2233450 E-AUCTION SALE NOTICE 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 proviso to Rule 6(2) and 8(6) read with Rule 9(1) of the Security Interest (Enforcement) Rules, 2002 The undersigned as Authorized Officer of State Bank of India issued demand notice dated 22.08.2015 and has taken over possession of the following properties u/s 13(4) of the SARFAESI Act on 25.11.2015. Public at large is informed that e-auction (under SARFAESI Act, 2002) of the charged properties in the below mentioned cases for realisation of Bank’s dues will be held on 06.09.2019 “AS IS WHERE IS”, “AS IS WHAT IS” and “WHATEVER THERE IS” BASIS”. Name of Borrowers: 1.M/s A.A.Fashion Wear (P) Ltd, Rep. by its Managing Director,1&2 Floors,234/2 & 3, Thaimugambigai Colony, Samundipuram Main Road, Sirupuluvapatti, Tirupur-641603. 2.Shri.K.Periyasamy,S/o Karuppanna Gounder, Managing Director & Guarantor, M/s A A Fashion Wear Pvt Ltd, No.4/12, Chittappa Avenue, Rayapuram Main Road, Tirupur-6416013. 3.Smt.P.Jeevarekha, W/o Shri.K.Periyasamy, Director & Guarantor, M/s A A Fashion Wear Pvt Ltd, No.4/12, Chittappa Avenue, Rayapuram Main Road,Tirupur-641601 4.M/s Sri Andal Spinning Mills Pvt Ltd, Rep. by its Managing Director, No.4/12, Chittappa Avenue, Rayapuram Main Road,Tirupur-641601 5.M/s Everwin Textile Mill Pvt Ltd, Rep.by its Managing Director, No.4/12, Chittappa Avenue, Rayapuram Main Road,Tirupur-641601 Outstanding Dues of the account for Recovery of which the Property is Being Sold Rs.7,95,98,350/- (Rupees Seven Crors ninety five lakhs ninety eight thousand three hundred and fifty only) as on 31.07.2019 with further interest & costs (secured debts). SCHEDULE A MOVABLE PROPERTIES Wind mill generator 600 KW (Make.RRB Energy Ltd) with Rotor: 46 M Dia –Pitch Regulated, height 50m, Old HTSC No.968, New No :162 and other electrical items like Alternator –Siemens, rating 600KW, voltage 690V cable 4R, 36,35 Sq M, Gear Box –RRB Gear Box, Nozzle -600 kw/50 hz, 47 R, Blade 3 Nos, Panel - Bottom controller PS 600/V39-50, cap.630 A &cables, Transformer – 33 KW/960V, Year 2010, installed in land measuring an extent of 1.50 acres with pathway access to the land comprised in SF No.601 about 20 KM distance from S/W side of Palladam to Udumalpet Road at Sultanpett on Sulur Rd near Chandrapuram , at Varapatti village, Sultanpet Panchayat Union, Sulur Taluk, within the Sub Registration District of 1 Palladam & the Registration District of Coimbatore in Coimbatore District, belongs to A.A.Fashion Wear Pvt Ltd.(Covered under Doc: 143/2010) Bounded by North of : Land belonging to Ultramarine & Pigments Company South of : Pathway & the remaining land of Ramasamy East of : Remaining land of S.Ramasamy west of : S.No.591, North south ittery. Encumbrances known to the Bank if any: Nil SCHEDULE B DESCRIPTION OF IMMOVABLE PROPERTY/IES Item No: 1 - All that piece and parcel of the vacant land in Kamarajar (Virudunagar) Regn. Dist, Kariapatti SRD, Kalkurichi village, in the following schedules, (a)- Virudunagar Regn. Dist, Kariapatti SRD, Kalkurichi village, in SF No : 99/4 (As per patta the SF No.94/B) dry land to an extent of 1.06 ½ acres in the area of 2.13 acres on the eastern side covered under Doc No: 690/1995, in the name of Sri Andal Spinning Mills Pvt Ltd bounded by, North of : Land in SF No.100/1-A South of : P.S.Baskaran’s land East of : Mariappan & Mariammal’s land West of : Canal (b) - Virudunagar Regn. Dist, Kariapatti SRD, Kalkurichi village, in SF No : 106/1 dry land to an extent of 0.50 acres covered under Doc No: 690/1995, in the name of Sri Andal Spinning Mills Pvt Ltd bounded by, North of : Sakthi Kavivaleeyan land South of : Mariappan and Mariyammal’s land East of : Madurai to Aruppukottai Road West of : Land in SF No 100/1A (c) - Virudunagar Regn. Dist, Kariapatti SRD, Kalkurichi village, in SF No : 100/1-A dry land to an extent of 2.74 acres covered under Doc No: 690/1995, in the name of Sri Andal Spinning Mills Pvt Ltd bounded by, North of : Land in SF No.100/2-B South of : Land in SF No.99/4 East of : Sakthi Kaivaliyan land and land in SF No.106/1 West of : Land belonging to L.Sundararajan (d) - Virudunagar Regn. Dist, Kariapatti SRD, Kalkurichi village, in SF No : 101/1-A dry land to an extent of 1.99 acres and in 101/1-B dry land to an extent of 1.74 acres thus total extent in the area of 3.73 acre out of this 25 cents sold on 29.01.2001 by the Mill covered under Doc No: 691/1995, in the name of Sri Andal Spinning Mills Pvt Ltd bounded by North of : Land belonging to Rajalakshmi South of : Land belonging to Shankar &Ponnuthai Ammal East of : Land in SF No 100/1A West of : Land belonging to P.S.Baskaran (e) - Virudunagar Regn. Dist, Kariapatti SRD, Kalkurichi village, in SF No.100/1B & 100/2B dry land to the extent of 2.21 Acres covered under Doc No.692/1995, in the name of Sri Andal Spinning Mills Pvt Ltd bounded by North of : Land belonging to Kurali Rawther and others South of : Land in SF No.100/1A 2 East of : Land belonging to Sakthi Valiyan and land belonging to Kurali Rawther and others West of : Land belonging to Rajalakshmi and land in SF No.100/2B Thus total measuring an extent of 9.99 acres of vacant dry land. Encumbrances known to the Bank if any: Nil Item No:2 (Item No.i) All that piece and parcel of land and building situated at Part of old Door Nos.51 & 52, part of New Door Nos.17,18,19 & 20, Mangalam Road, First Cross Street, Tirupur village, Tirupur Taluk, Tirupur Corporation comprised in SF No.180/2, TS No.869, Block No.17, Ward No.27 New Tax Assessment No.32059 in Tirupur Registration District, Tirupur Joint II Sub-Registration District, bounded as follows : Bounded by North by : House belonging to Ammasaiappan South by : Land measuring 1820 sq ft (Item No.ii) East by : Road running North South; and West by : Houses belonging to Karuppanna Gounder Measurement In this middle, East West on both sides 52 feet and North south 37 feet, thus admeasuring an extent of 178.74 sq mtr or 1924 sq ft land and building there on and other appurtenances and (Item No.ii) In Tirupur Registration District, Tirupur Joint II Sub- Registration District, Tirupur Taluk , Tirupur Corporation, Block No.17 ,ward No.27, Mangalam Road, First Cross Street, Tirupur village, SF No. 180/2, T.S.No.869, part of old Door Nos.51 & 52, part of New Door Nos. 17,18,19,& 20 in this bounded as follows : Bounded by North by : Land measuring 1924 sq ft (Item No.i) South by : houses belonging to Karuppanna Gounder East by : Road running North South; and West by : Houses belonging to Karuppanna Gounder Measurement In this middle, East West on both sides 70 feet and North south on both sides 26 feet, thus admeasuring an extent of 169.08 sq mtr or 1820 sq ft land and building , Thus total measuring an extent of 3744 sq ft land and building constructed there on along with electric service connections, water connections No.5338 etc; more fully described in the sale deed dated 27.08.1993 bearing Doc No.4902/1993 at J.S.R.O –II, Tirupur in the name of Shri.K.Periasamy and Smt P.Jeevarekha Encumbrances known to the Bank if any: Nil 3 DETAILS OF E-AUCTION SALE: Item No Reserve Price Earnest Bid Date and money to be multiplier Time of deposited E-Auction Movables Rs 1,19,00,000/- Rs 11,90,000/- Rs 1,00,000/- 06.09.2019 at (Windmill 10.00 AM to generator along 11.00 AM. with with land ) unlimited extension of 5 Immovable Rs 1,35,00,000/- Rs 13,50,000/- Rs 1,00,000/- minutes if Item No.1 bidding (a to e) continues till sale is Immovable Rs 94,00,000/- Rs 9,40,000/- Rs 50,000/- concluded. Item No.2 (i+ii) Inspection of property On 20.08.2019 (Tuesday) 11.00 AM to 3.00 PM) Last date for submission of request letter of participation / KYC Documents / Proof of EMD etc.: on or before 04.09.2019 up to 5.00 PM The intending purchasers / bidders are required to deposit EMD amount either by NEFT / RTGS in the Account No. 31282412150, in the name of “SBI SARB Payment Account COIMBATORE”; IFSC Code: SBIN0000827 or by way of Demand draft drawn in favour of SBI SARB Coimbatore payable at Coimbatore drawn on any Nationalized or Scheduled Bank Terms and Conditions of the E-auction are as under: 1. E-Auction is being held on 06.09.2019 “AS IS WHERE IS” and “AS IS WHAT IS BASIS” and “WHATEVER THERE IS BASIS” and will be conducted “On Line”.
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