(A GOVERNMENT OF UNDERTAKING) ASSET RECOVERY MANAGEMENT BRANCH

Ref: ARM/E-AUCTION/TECHNO BUILDERS-78 Date: 12/03/2019

To a. M/s.Techno Builders, Represented by its Partners Mr.M.A.Jahangir and Mrs.Shajitha Banu, Plot No.39, Door No.4/32, Royal Nagar 1st Main Road, Ramapuram, – 600089

b. Mr.M.A.Jahangir, S/o.Mr.M.Abu Haniffa, Flat No.G-2, “Orchid Indra” Plot No.3, Sri Valliammal Nagar, , Chennai – 600083

c. Mrs.J.ShajithaBanu, W/o.Mr.M.A.Jahangir, Flat No.G-2, “ Orchid Indra”, Plot No.3, Sri Valliammal Nagar, Jafferkhanpet, Chennai – 600083

d. Mr.R.Sathyanarayanan, S/o.Mr.Y.S.Rajagopal, No.11, South Perumal Kovil Street, , Chennai – 600026.

Dear Sir,

Sub: Notice under Section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with Rule 8(6), Rule 6(2) of the Security Interest (Enforcement) Rules, 2002

As you are aware, Canara Bank, Ashok Nagar, had taken possession of the assets described in the Sale Notice annexed hereto in terms of Section 13(4) of the subject Act in connection with outstanding dues payable by you to them. The account has since been transferred to Asset Recovery Management Branch, Chennai and the undersigned proposes to sell the assets (through e-auction) more fully described in the Sale Notice.

In furtherance of the earlier notice with Reference No.ARM/E-AUCTION/TECHNO BUILDERS-54 dated 16/02/2019; I am herewith sending the Sale Notice (e-auction notice) containing terms and conditions of the sale.

This is without prejudice to any other rights available to the Bank under the subject Act / or any other law in force.

Yours faithfully,

AUTHORISED OFFICER CANARA BANK

ENCLOSURE – SALE NOTICE

ASSET RECOVERY MANAGEMENT BRANCH, 2nd FLOOR, CIRCLE OFFICE BUILDING, 563/1 , , CHENNAI 600 018 Tel.No.2433 9160, 2435 0042. E-MAIL:[email protected] Website: www.canarabank.com 1

(A GOVERNMENT OF INDIA UNDERTAKING) ASSET RECOVERY MANAGEMENT BRANCH

SALE NOTICE

E-Auction Sale Notice for Sale of Immovable Properties under the Securitisation 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 Borrowers and Guarantors that the below described immovable property mortgaged / charged to the Secured Creditor, the constructive possession of which has been taken by the Authorised Officer of Ashok Nagar Branch of the Canara Bank, will be sold on “As is where is”, “As is what is”, and “Whatever there is” on 03/04/2019, (Time 11:30 A.M. to 12:30 P.M) for recovery of Rs.6,82,01,782.00/- due as on 31/12/2018 to the Asset Recovery Management Branch of Canara Bank from M/s.Techno Builders, Mr.M.A.Jahangir, Mrs.J.ShajithaBanu, and Mr.R.Sathyanarayanan.

The reserve price will be:

Item No.1 : Rs.2,87,10,000/- (Rupees Two Crores Eighty Seven Lakhs and Ten Thousand Only)

Item No.2 : Rs.62,00,000/- (Rupees Sixty Two Lakhs Only)

Item No.3 : Rs.32,85,000/- (Rupees Thirty Two Lakhs Eighty Five Thousand Only)

Item No.4 : Rs.20,52,000/- (Rupees Twenty Lakhs Fifty Two Thousand Only)

Item No.5 : Rs.35,00,000/- (Rupees Thirty Five Lakhs Only)

The earnest money deposit will be:

Item No.1: Rs.28,71,000 (Rupees Twenty Eight Lakhs and Seventy One Thousand Only)

Item No.2: Rs.6,20,000 (Rupees Six Lakhs and Twenty Thousand Only)

Item No.3: Rs.3,28,500 (Rupees Three Lakhs Twenty Eight Thousand Five Hundred Only)

Item No.4: Rs.2,05,200 (Rupees Two Lakhs Five Thousand and Two Hundred Only)

Item No.5: Rs.3,50,000 (Rupees Three Lakhs Fifty Thousand Only)

The Earnest Money Deposit shall be deposited on or before 30/03/2019 at 5.00 P.M.

ASSET RECOVERY MANAGEMENT BRANCH, 2nd FLOOR, CIRCLE OFFICE BUILDING, 563/1 ANNA SALAI, TEYNAMPET, CHENNAI 600 018 Tel.No.2433 9160, 2435 0042. E-MAIL:[email protected] Website: www.canarabank.com 2

Details of Property:

Item No.1: (Property in the name of Mr.M.A.Jahangir and Mrs.J.Shajitha Banu, vide Doc.Nos.1393/1998 and 1394/1998)

All that piece and parcel of the immovable property measuring an extent of 2800 sq.ft thereabouts together with the building standing thereon (Ground + 3 Floors and with 4th Floor Part), comprised in Survey No.59, Patta No.517, Survey No.as per patta 59/14, Ramapuram Village, Taluk, Thiruvallur District, within the limits of Panchayat Union and situated at Plot No.39, Door No.4/416, Royala Nagar 1st Street, Ramapuram, Chennai – 600089 and bounded on the

North by : Plot No.22 South by : 40 feet Road (Royala Nagar 1st Street) East by : Plot No.38 West by : Plot No.40

And situated within Sub-Registration District of and Registration District of Chennai South.

Item No.2: (Property in the name of Mr.M.A.Jahangir and Mrs.J.Shajitha Banu, vide Doc.No.2579/2007)

All that piece and parcel of the immovable property being apartment, measuring a super built-up area of 1290 sq.ft or thereabouts, bearing Flat No.2, located in the ground floor of the apartment called “Orchid Indira”, situated at Plot No.3, Sri Valliammal Nagar, Ganga Nagar Extension, Jafferkhanpet, Chennai – 600083 along with car porch together with 786.90/2440 sq.ft of undivided share, title and interest forming part of the larger extent of land measuring 2440 sq.ft, comprised in Survey Nos.354/12 and 357/5 (Part), T.S.Nos.77/5 and 76/3, Block No.125, Village, – Taluk, and the land was bounded on the

North by : Raghava Reddy Lands and 30 feet Layout Road South by : 20 feet Layout Road East by : Plot No.2 West by : Plot No.4

Situated within the Sub-Registration District of Ashok Nagar and Registration District of Chennai Central.

Item No.3: (Property in the name of Mrs.J.Shajitha Banu, vide Doc.No.6962/2011)

All that piece and parcel of the immovable property being apartment, measuring a super built-up area of 1062 sq.ft or thereabouts, bearing Flat No.302, located in the 3rd Floor, in Sector C, Block No.09 of the apartment called “Provident Cosmo City”, situated at

ASSET RECOVERY MANAGEMENT BRANCH, 2nd FLOOR, CIRCLE OFFICE BUILDING, 563/1 ANNA SALAI, TEYNAMPET, CHENNAI 600 018 Tel.No.2433 9160, 2435 0042. E-MAIL:[email protected] Website: www.canarabank.com 3

– Road, Chennai – 603103 along with 1 No.open reserved car parking together 575.69 sq.ft of undivided share, title and interest forming part of the larger extent of land situated at No.41, Pudupakkam Village, Chengalpet Taluk, District, and the land bounded on the

North by : Road (Earlier land In S.No.53/3 part and Survey No.55 part now gifted by the Vendor for road widening) South by : Land in part of Survey Nos.53/10A, 53/6, 52 and 44 East by : Road (Either Land in S.No.55 Part, 56/1 Part, 57/4 Part, 57/2 Part, 57/3 and S.No.44 now gifted by the Vendor for road wideing West by : Dr.Abdul Kalam Salai and partly by lands comprised in S.No.53/10A, 53/6, 53/8, 53/9, 52 and 44 Part

Situated within the Sub-Registration District of and Registration District of .

Item No.4: (Property in the name of Mrs.Shajitha Banu, vide Doc.No.18326/2013)

All that piece and parcel of the immovable property being vacant land, measuring an extent of 1240 sq.ft or thereabouts (115 sq.ft) comprised in Old Survey No.50/1B1A1, New Survey No.65/27B1B, Patta No.993, Kovalam Village (Pudu Majith Street), , , within the limits of Thiruporur Panchayat Union and Kovalam Panchayat, and the land bounded on the

North by : Road South by : Hanif Sahib House site and 6 Feet Wide Pathway East by : Pudu Majid Street West by : Kaja Mohaidin House Site

Situated within the Sub-Registration of Thiruporur and in the Registration District of Chengalpattu.

Item No.5: (Property in the name of M/s.Techno Builders, vide Doc.No.2586/2013)

All that piece and parcel of the immovable property being apartment, measuring a super built-up area of 710 sq.ft or thereabouts, bearing Flat No.3, located in the 1st Floor of the apartments called “Orchid Indira”, situated at Plot No.3, Sri Valliammal Nagar, Ganga Nagar Extension, Jafferkhanpet, Chennai – 600083 along with open car parking space together with 433.10 sq.ft of undivided share, title and interest forming part of the larger extent of land measuring 2440 sq.ft comprised in Survey Nos.354/12 and 357/5 (Part), T.S.Nos.77/5, and 76/3, Block No.125, Kodambakkam Village, Mambalam – , Chennai District and the land bounded on the North by : Raghava Reddy Lands and 30 Feet Road South by : 20 Feet Road East by : Plot No.2

ASSET RECOVERY MANAGEMENT BRANCH, 2nd FLOOR, CIRCLE OFFICE BUILDING, 563/1 ANNA SALAI, TEYNAMPET, CHENNAI 600 018 Tel.No.2433 9160, 2435 0042. E-MAIL:[email protected] Website: www.canarabank.com 4

West by : Plot No.4

Situated within the Sub-Registration District of Ashok Nagar and the Registration District of Chennai Central.

For detailed terms and conditions of the sale please refer the link “E-Auction” provided in Canara Bank’s website (www.canarabank.com) or may contact Assistant General Manager, Canara Bank Asset Recovery Management Branch, Chennai (Ph. No. 044- 24339160 / 24350042) E-mail: [email protected] during office hours on any working day. Portal of E-Auction: https://canarabank.auctiontiger.net.

Date: 12/03/2019 AUTHORISED OFFICER Place: Chennai CANARA BANK

ASSET RECOVERY MANAGEMENT BRANCH, 2nd FLOOR, CIRCLE OFFICE BUILDING, 563/1 ANNA SALAI, TEYNAMPET, CHENNAI 600 018 Tel.No.2433 9160, 2435 0042. E-MAIL:[email protected] Website: www.canarabank.com 5

(A GOVERNMENT OF INDIA UNDERTAKING) ASSET RECOVER Y MANAGEMENT BRANCH

DETAILED TERMS AND CONDITIONS OF THE SALE NOTICE DATED 12/03/2019

1. Name and Address of the Secured Creditor: Canara Bank, Asset Recovery Management Branch, 2nd Floor, Circle Office Building, 563/1, Anna Salai, Teynampet, Chennai - 600018. (Ph.No - 044-24339160 / 24350042)

2. Name and Address of the Borrowers and Guarantors: a. M/s.Techno Builders, Represented by its Partners Mr.M.A.Jahangir and Mrs.Shajitha Banu, Plot No.39, Door No.4/32, Royal Nagar 1st Main Road, Ramapuram, Chennai – 600089

b. Mr.M.A.Jahangir, S/o.Mr.M.Abu Haniffa, Flat No.G-2, “Orchid Indra” Plot No.3, Sri Valliammal Nagar, Jafferkhanpet, Chennai – 600083

c. Mrs.J.ShajithaBanu, W/o.Mr.M.A.Jahangir, Flat No.G-2, “ Orchid Indra”, Plot No.3, Sri Valliammal Nagar, Jafferkhanpet, Chennai – 600083

d. Mr.R.Sathyanarayanan, S/o.Mr.Y.S.Rajagopal, No.11, South Perumal Kovil Street, Vadapalani, Chennai – 600026.

3. Total liabilities as on 31/12/2018: Rs.6,82,01,782.00/- (Rupees Six Crores Eighty Two Lakhs One Thousand Seven Hundred and Eighty Two Only) with further interest and other incidental charges thereto incurred by the Bank.

4. (a) Mode of Auction : Online Auction (E-Auction)

(b) Details of Auction service provider: M/s.E-Procurement Technologies Ltd. (Auction Tiger), Ahmedabad. Mr.Praveen Thevar, Contact no. 079-40230830 /821/813/815/ 816 / 822, 07968135422.

ASSET RECOVERY MANAGEMENT BRANCH, 2nd FLOOR, CIRCLE OFFICE BUILDING, 563/1 ANNA SALAI, TEYNAMPET, CHENNAI 600 018 Tel.No.2433 9160, 2435 0042. E-MAIL:[email protected] Website: www.canarabank.com 6

Mr.Bharathi Raju, Contact no. 08939000594. Email id: [email protected], [email protected].

(c) Date & Time of Auction : 03/04/2019 & Time 11:30 A.M. to 12:30 P.M.

(d) Portal of E-Auction : https://canarabank.auctiontiger.net.

5. Reserve Price:

Item No.1: Rs.2,87,10,000/- (Rupees Two Crores Eighty Seven lakhs and Ten Thousand Only)

Item No.2: Rs.62,00,000/- (Rupees Sixty Two Lakhs Only)

Item No.3: Rs.32,85,000/- (Rupees Thirty Two Lakhs Eighty Five Thousand Only)

Item No.4: Rs.20,52,000/- (Rupees Twenty Lakhs Fifty Two Thousand Only)

Item No.5: Rs.35,00,000/- (Rupees Thirty Five Lakhs Only)

OTHER TERMS AND CONDITIONS a. Auction/bidding shall be only through “Online Electronic Bidding’’ through the website https://canarabank.auctiontiger.net. Bidders are advised to go through the website for detailed terms before taking part in the e-auction sale proceedings. b. The property can be inspected, with Prior Appointment with Authorised Officer, on 25/03/2019 between 11.00 A.M. & 4.00 P.M. c. The property will be sold for the price which is more than the Reserve Price and the participating bidders may improve their offer further during auction process. d. EMD amount of 10% of the Reserve Price is to be deposited by way of Demand draft in favour of Authorized Officer, Canara Bank, Asset Recovery Management Branch OR shall be deposited through RTGS / NEFT / Fund Transfer to credit of account of Canara Bank, Asset Recovery Management Branch, A/c No:2361295000001 IFSC Code:CNRB0002361 on or before 30/03/2019 till 5.00 P.M. e. Intending bidders shall hold a valid digital signature certificate and e-mail address. For details with regard to digital signature please contact the service provider M/s.e- procurement Technologies Ltd. (auction tiger), Ahmedabad. Mr. Praveen Thevar, Contact no. 079-40230830 / 821 / 813 / 815 / 816 / 822, 07968135422. Mr.Bharathi Raju, Contact no. 08939000594. Email id: [email protected], [email protected].

f. After payment of the EMD amount, the intending bidders should submit a copy of the following documents/details on or before 30/03/2019, 5.00 PM, to Canara Bank, Asset Recovery Management Branch, by hand or by email.

ASSET RECOVERY MANAGEMENT BRANCH, 2nd FLOOR, CIRCLE OFFICE BUILDING, 563/1 ANNA SALAI, TEYNAMPET, CHENNAI 600 018 Tel.No.2433 9160, 2435 0042. E-MAIL:[email protected] Website: www.canarabank.com 7

i) Demand Draft/Pay order towards EMD amount. If paid through RTGS/NEFT, acknowledgement receipt thereof with UTR No. ii) Photocopies of PAN Card, ID Proof and Address proof. However, successful bidder would have to produce these documents in original to the Bank at the time of making payment of balance amount of 25% of bid amount. iii) Bidders Name. Contact No. Address, E Mail Id. iv) Bidder’s A/c details for online refund of EMD. g. The intending bidders should register their names at portal https://canarabank.auctiontiger.net. and get their User ID and password free of cost. Prospective bidder may avail online training on E- auction from the service provider M/s.e-procurement Technologies Ltd. (auction tiger), Ahmedabad. Mr. Praveen Thevar, Contact no. 079-40230830 / 821 / 813 / 815 / 816 / 822, 07968135422. Mr.Bharathi Raju, Contact no. 08939000594. Email id: [email protected], [email protected]. h. EMD deposited by the unsuccessful bidder shall be refunded to them. The EMD shall not carry any interest.

i. Auction would commence at Reserve Price, as mentioned above. Bidders shall improve their offers in multiplies of Rs.1,00,000 in respect of Item No.1 and Rs.10,000 in respect of Item No.2, Item No.3, Item No.4 and Item No.5. The bidder who submits the highest bid (not below the Reserve price) on closure of 'Online' auction shall be declared as successful bidder. Sale shall be confirmed in favour of the successful bidder, subject to confirmation of the same by the secured creditor.

j. The successful bidder shall deposit 25% of the sale price (inclusive of EMD already paid), immediately on declaring him/her as the successful bidder and the balance within 15 days from the date of confirmation of sale by the secured creditor. If the successful bidder fails to pay the sale price, the deposit made by him shall be forfeited by the Authorised Officer without any notice and property shall forthwith be put up for sale again. k. For sale proceeds of Rs.50 (Rupees Fifty) lacs and above, the successful bidder will have to deduct TDS at the rate 1% on the Sale proceeds and submit the original receipt of TDS certificate to the Bank.

l. All charges for conveyance, stamp duty/GST registration charges etc., as applicable shall be borne by the successful bidder only. m. Authorised Officer reserves the right to postpone/cancel or vary the terms and conditions of the e-auction without assigning any reason thereof. n. The intending bidders are kindly requested to visit the property and ascertain the exact location, extent of the property and nature of property and also make their own independent inquiries and legal due diligence to satisfy themselves regarding the encumbrances, if any, the title of the properties, physical extent, statutory approvals,

ASSET RECOVERY MANAGEMENT BRANCH, 2nd FLOOR, CIRCLE OFFICE BUILDING, 563/1 ANNA SALAI, TEYNAMPET, CHENNAI 600 018 Tel.No.2433 9160, 2435 0042. E-MAIL:[email protected] Website: www.canarabank.com 8

claim/rights/dues affecting the property including statutory liabilities prior to submission of bids. Authorized Officer or the banks shall not be responsible for any discrepancy, charge, lien, encumbrances pertaining to property, or any other dues to the Government or anyone else in respect of the said properties. o. The Sale Certificate shall be issued in the same name in which the bid is submitted. p. On receipt of sale certificate, the purchaser shall take all necessary steps and make arrangements for registration of the property. All charges for conveyance, the existing and future Statutory Dues, if any payable by the borrower, stamp duty and registration charges etc., as applicable shall be borne by the successful bidder only. The purchaser is liable to incur the dues of the Local Self Government / other dues payable to the Government if any, informed subsequently. q. In case there are bidders who do not have access to the internet but interested in participating the e-auction, they can approach concerned Circle office or Asset Recovery Management Branch who, as a facilitating centre, shall make necessary arrangements.

r. For further details contact Assistant General Manager, Canara Bank Asset Recovery Management Branch, 2nd Floor, Circle Office Building, 563/1, Anna Salai, Teynampet, Chennai - 600018. (Ph. No- 044-24339160 / 24350042) E-mail : [email protected] OR the service provider M/s.e-procurement Technologies Ltd. (auction tiger), Ahmedabad. Mr. Praveen Thevar, Contact no.079-40230830 / 821 / 813 / 815 / 816 / 822, 07968135422. Mr.Bharathi Raju, Contact no.08939000594. Email id: [email protected], [email protected]. s. The detailed terms and conditions are also available in the link “E-Auction” provided in Canara Bank’s website (www.canarabank.com).

SPECIAL INSTRUCTION/CAUTION Bidding in the last minutes/seconds should be avoided by the bidders in their own interest. Neither Canara Bank nor the Service Provider will be responsible for any lapses/failure (Internet failure, Power failure, etc.) on the part of the bidder or vendor in such cases. In order to ward off such contingent situation, bidders are requested to make all the necessary arrangements/alternatives such as back –up, power supply and whatever else required so that they are able to circumvent such situation and are able to participate in the auction successfully.

Place: Chennai AUTHORISED OFFICER Date: 12/03/2019 CANARA BANK

ASSET RECOVERY MANAGEMENT BRANCH, 2nd FLOOR, CIRCLE OFFICE BUILDING, 563/1 ANNA SALAI, TEYNAMPET, CHENNAI 600 018 Tel.No.2433 9160, 2435 0042. E-MAIL:[email protected] Website: www.canarabank.com 9