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

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

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

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”. The auction will be conducted through the Bank’s approved service provider M/s. e-Procurement Technologies Ltd (ETL) at the web portal https://sbi.auctiontiger.net. E-Auction Tender Document containing online e- auction bid form, Declaration, General Terms and Conditions of online auction sale are available in https://sbi.auctiontiger.net 2. To the best of knowledge and information of the Authorised Officer, there is no encumbrance on the properties. However, the intending bidders should make their own independent inquiries regarding the encumbrances, title of properties put on auction and claims/ rights/ dues/ affecting the property, prior to submitting their bid. The e-Auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation of the bank. The property is being sold with all the existing and future encumbrances whether known or unknown to the bank. The Authorised Officer/ Secured Creditor shall not be responsible in any way for any third party claims/ rights/ dues. 3. The intending purchasers / bidders are required to deposit EMD amount either through NEFT/RTGS in the Account No.: 31282412150, Name of the A/c: State Bank of India, SARB Payment Account, Name of the Beneficiary: State Bank of India. A/c M/s A.A.Fashion Wear Pvt Ltd, IFSC Code: SBIN0000827 (or) by way of Demand draft drawn in favour of ‘State Bank of India A/c (M/s A.A.Fashion Wear Pvt Ltd), Coimbatore’ drawn by any Nationalised or Scheduled Bank. 4. 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 & password by M/s e- Procurement Technologies Limited may be conveyed through e-mail}. For details with regard to digital signature, please contact M/s e-Procurement Technologies

Limited, Ahmadabad Contact Person Mr Thevar Praveen Kumar Mob: 9722778828 (Contact No. 079-40230844/821/822/823. Fax No.079- 40016816/876) and Chennai Contact Person Mr. Kaviarasu (Contact No. 9655591945) E-mail id: [email protected] 5. The intending bidder should submit the evidence for EMD deposit along with Request Letter for participation in the E- auction, self-attested copies of (i) Proof of Identification (KYC) viz. Voter ID Card/ Driving License/ Passport etc.,(ii) Current Address-Proof for communication, (iii) PAN card of the bidder, (iv) valid e-mail ID, (v) contact number (Mobile/Landline) of the bidder etc. to the Authorized Officer of STATE BANK OF INDIA, SARB Branch, 377/1, Dr.Nanjappa Road, Behind N.S. Palaniappan Nursing Home, Coimbatore - 641018 by 04.09.2019 up to 5.00 PM. Scanned copies of the original of these documents can also be submitted to e-mail id of Authorised officer. 6. Names of the Eligible Bidders, will be identified by the State Bank of India, Stressed Assets Recovery Branch, Coimbatore to participate in online e- auction on the portal https://sbi.auctiontiger.net. M/s e-Procurement Technologies Ltd (ETL) will provide User ID & Password after due verification of PAN of the Eligible Bidders. 7. It shall be the responsibility of the interested bidders to inspect and satisfy themselves about the property before submission of the bid. 8. The e-Auction/bidding of above properties would be conducted exactly on the scheduled Date & Time as mentioned against each property by way of inter-se bidding amongst the bidders. The bidder shall improve their offer in multiple of the amount mentioned under the column “Bid Increment Amount” against each property. In case bid is placed in the last 5 minutes of the closing time of the e- Auction, the closing time will automatically get extended for 5 minutes. The bidder who submits the highest bid amount (not below the Reserve Price) on closure of e-Auction process shall be declared as Successful Bidder and a communication to that effect will be issued through electronic mode which shall be subject to approval by the Authorised Officer/ Secured Creditor. 9. The Earnest Money Deposit (EMD) of the successful bidder shall be retained towards part sale consideration and the EMD of unsuccessful bidders shall be refunded. The Earnest Money Deposit shall not bear any interest. The successful bidder shall have to deposit 25% of the sale price, immediately on acceptance of bid price by the Authorised Officer and the balance of the sale price on or before 15th day of sale or within such extended period as agreed upon in writing and solely at the discretion of the Authorised Officer. Default in deposit of amount by the successful bidder would entail forfeiture of the whole money, already deposited and property shall be put to re-auction and the defaulting bidder shall have no claim/ right in respect of property/ amount. 10. The prospective qualified bidders may avail online training on e-Auction from M/s e-Procurement Technologies Ltd (ETL) prior to the date of e-Auction. Neither the Authorised Officer/ Bank nor M/s e-Procurement Technologies Ltd (ETL) will be held responsible for any Internet Network problem/Power failure/ any other technical lapses/failure etc. In order to ward-off such contingent situation the interested bidders are requested to ensure that they are technically well equipped with adequate power back-up etc. for successfully participating in the e-Auction event. 11. The purchaser shall bear the applicable stamp duties/ additional stamp duty/ transfer charges, fee etc. and also all the statutory/ non-statutory dues, taxes, rates, assessment charges, fees etc. owing to anybody. 12. The Authorised Officer/Bank is not bound to accept the highest offer and has the absolute right to accept or reject any or all offer(s) or adjourn/ postpone/ cancel the e-Auction or withdraw any property or portion thereof from the auction proceedings at any stage without assigning any reason there for.

13. The Sale Certificate will be issued separately for movable and immovable properties in the name of the purchaser(s) / applicant (s) only and will not be issued in any other name(s). 14. The sale shall be subject to rules/ conditions prescribed under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. 15. This sale will attract the provisions of sec 194-IA of the Income Tax Act.

Date :01.08.2019 Authorized Officer Place: Coimbatore State Bank of India