INDIAN OVERSEAS BANK Indian Overseas Bank Perumbavoor Branch, Bldg No. PMC VII/418, Madaparambil Arcade, Oushadhi Junction,MC Road,Perumbavoor-683542, Kerala E mail:
[email protected] Phone: 0484-2523243, 2528181 e-AUCTION SALE NOTICE A/C M/s.Muladan Enterprises Sirs, SALE OF IMMOVABLE PROPERTY MORTGAGED TO THE BANK UNDER THESECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 Whereas M/s.Muladan Enterprises, (Represented by its Proprietor: Mr. Faisal M V) has borrowed monies from Indian Overseas bank , Perumbavoor branch against the mortgage of the immovable properties more fully described in the schedule hereunder and on upon classification of the account as NPA, the Bank has issued a demand notice under Section 13(2) of the SARFAESI Act, 2002 (Act) on 26.04.2019 calling upon the borrower 1)M/s.Muladan Enterprises, (Represented by its Proprietor: Mr. Faisal M V)Muladan house, Edavoor,Koovappady Post-683544, Perumbavoor, 2.)Mrs. Safiya K A , W/o: (Late)Veerankutty, Muladan house,Edavoor,Koovappady Post-683544, Perumbavoor,3.) Mr.Noufal M V, S/o (Late) Veerankutty Muladan house,Edavoor,Koovappady Post-683544, Perumbavoor, 4.)Mr. Faisal M V , S/o (Late) Veerankutty,Muladan house,Edavoor,Koovappady Post-683544, Perumbavoor. to pay the amount due to the bank, being .Rs.18,05,491.22/- as on 25.04.2019 payable together with further interest at contractual rates and rests along with costs, charges etc till date of repayment within 60 days from the date of receipt of the said notice. Whereas the borrowers