STRESSED ASSETS MANAGEMENT BRANCH F.104, 1st Floor, Golden Edifice Complex, Khairathabad, HYDERABAD, Pin: 500004 Dist: Hyderabad, State: Telangana, Ph. No. 040-23322157, 9491011263 [email protected] [Format-Y] E –Auction sale notice under SARFAESI Act 2002 * Sale of immovable assets under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as the Act). Notice is hereby given to the public in general and to the Borrower/s and Guarantor/s in particular that the under mentioned property mortgaged to Syndicate Bank, the possession of which had been taken by the Authorised Officer of the Bank under Section 13(4) of the Act will be sold by E- Auction as mentioned below for recovery of under mentioned dues and applicable interest, charges and costs etc as detailed below. The property described below is being sold on “AS IS WHERE IS, WHATEVER THERE IS AND WITHOUT RECOURSE BASIS” under the rule no. 8 & 9 of the Security Interest (Enforcement) Rules (hereinafter referred to as the rules) for the recovery of the dues detailed as under: Name and address of Borrower Guarantors & Mortgagors Name & Address: 1. M/s Sri Lakshmi 1. Smt. Badvel Hemalatha W/o Badvel Harinadha Reddy, D No.3- Narasimhamswamy Raw & 1-63, KRR Nagar, padugupadu, Kovur mandal, SPSR Nellore Boiled Rice Mill , Kovur Dt. AP Rep. by it’s Partners : 2. Smt. Badvel Narayanamma w/o Sreenivasulu Reddy, Regd. Office: Reddypalem, Kodavalur, KOvur mandal,SPSR Nellore Dt. AP Jammipalem Road, Padugupadu, Kovur Mandal, SPSR Nellore Dt. 3. Sri Badvel Sreenivasulu ReddyS/o Subba Reddy, reddypalem, Kodavalur , Kovur Mandal, SPSR Nellore dt. AP 4. Smt. Ojili Ravanamma W/o Krishna Reddy, Reddypalem, Kodavalur, Kovur Mandal, SPSR Nellore Dt. AP 5. Smt. Kahakaduru Sadiya, W/o. Chandra Sekhar Reddy, Katamreddy Ramachandra Reddy Nagar, Padugupadu, Nellore. The total amount due as on Rs. 12,96,99,911-40 Ps. (Rupees Twelve Crores Ninety six lakhs ninety 06/08/2019 nine thousand nine hundred eleven & Paise Forty only) as on 06-08-2019 with future interest and costs till date of payment. Name of the Owner Reserve Price Sl.No. Property Description EMD (in Rs) / (In Rs.) Mortgago r 1 Property standing in the name of M/s Sri lakshmi Narsimha Swamy Raw & Boiled Rice Mill 1)Smt. represented by it’s Partners Smt B Hemalatha, B Smt B Narayanamma, Smt O Ravanamma and Sri Hemalath B Srinivasulu Reddy: a, Item No.1: 2)Smt In S P S R Nellore district Registration, Kovur Sub 2,75,00,000/- 27,50,000/- B registrar’s Office, KOVUR Mandal, Padugupadu Narayana Gram Panchayath, Padugupadu Village, in Sy. No mma, 375/3 consisting of Ac.10.16 cents , in it an extent of Ac.3.00 cents or 1.215 hectares of Land consisting of Sri Lakshmi Narasimha Swamy Raw & boiled Rice Mill bounded by: Page 1 of 6 3)Smt East: Lands of Raja Yadunandana Kumar, Raja O Lakshmi Devi, Raja Venkata Chiranjeevi, Raja Ravanam Sanath Kumar ma South: Jammipalem Road 4)Sri B West: Lands of Nagasuri Ramamurthy, Desu Vijay Srinivasul Kumar, Nagasuri Vasantha Kumari, Desu Sri u Reddy Kalpana North: Canal. Within these boundaries an extent of Ac.3.00 cents or 1.215 hectares of land and building (Rice Mill) with all easement rights appurtenant thereto. (Valuation dt. 20.06.2019) 2 Item No:2 S P S R Nellore district Registration , Kovur Sub- 70,00,000/- 7,00,000/- Smt. Registration, Kovur mandal, Padugupau Gram O panchayath, Padugupadu village, land in Sy.No Ravanam 173/6,174/1,177/1 and 176/6 in ward No 3, ma kamareddy ramachandra reddy Nagar, Near Door No 3-9-2A at present D No 3-1-63 under layout plan plot No 4 measuring an extent of 30 ankanams or 240 sq.ds or 200.70 sq.mts of site (at present consisting Residential house therein with D No 3-1-63) bounded by: East : Colony Road South : Site of Kollukuduru sadiya West : House of Ramireddy Gajendra Reddy North : Plot No 5 Within these boundaries, an extent of 30 ankanams or 240 sq.yds or 200.70 sq.mts of site consisting of Residential house therein with all easement rights appurtenant thereto. 3 Item no :3 S P S R Nellore district registration , Kovur Sub- 19,00,000/- 1,90,000/- Smt. registration , Kovur Mandal, Padugupadu Gram Kahakadu Panchayath, Padugupadu village, an extent of ru Sadiya Ac.2.49 cents in Sy.No 986/C1,986/C2,992/2,986/D,995/A,994/2,993/2, 993/1A and an extent of ac.1.00 in Sy.No 986/C2,993/1a, total an extent of Ac.3.49 cents of Land laid out into House Plots ( item No a & b) under layout Plan approved by DTP Hyderabad under LP No.32/2005 Indralok Avenue Near D No 2-12-50. a. Plot No 123 measuring an extent of 38 ankanams 64 sq.ft or 311.111 sq. yds of vacant site bounded by : East : 30 ft wide layout road South : Plot No 124 West : Plot No 113 (item no: b) North : Plot No 122 Within these boundaries, an extent of 38 ankanams 64 sq.ft or 311.111sq.yds of vacant house site with all easement rights appurtenant thereto. Page 2 of 6 4 b. Plot No 113 measuring an extent of 33 16,00,000/- 1,60,000/- Smt. ankanams 24 sq.mts or 266.66 sq.yds of vacant Kahakadu site bounded by : ru Sadiya East : Plot No 123 (item No .1) South : Plot No 112 West : 30 ft. wide layout road North : Plot No 114 Within these boundaries an extent of 33 ankanams 24 sq.ft or 266.66 sq.yds of vacant site with all easement rights appurtenant thereto. Item No 1 & 2 of the schedule mentioned properties are adjacent to each other forms one compact block and both items together an extent of 72 ankanams 16 sq.ft or 577.771 sq.yds of vacant house site. Details of encumbrances over the property, as known to the Bank Nil Details of outstanding dues of Local Government (Property tax, water sewerage, electricity bills, As decided etc.,) known to the Authorized Officer by the concerned authorities The details regarding E Auction are mentioned below: Date and time of E – Auction On 30/08/2019 between 11:00 A.M. and 1:00 P.M. E Auction Website address https://syndicatebank.auctiontiger.net Last date for submission of bids 28/08/2019 Minimum Bid increment amount Rs.1,00,000/- Date and time of inspection of 29/08/2019 before 5:00 P.M. with prior appointment during property for intending purchasers Office hours Contact details & website address https://syndicatebank.auctiontiger.of net service provider (Name/telephone M/s. e-Procurement Technologies (ABC Procure), no./email id/address) [email protected] - e-mail id: [email protected] [email protected] Terms and conditions 1. Sale is subject to the conditions prescribed in SARFAESI Act/Rules 2002 and the terms and conditions mentioned hereunder as also subject to conditions in the offer/bid documents to be submitted by the intending/participating bidders. 2. The sale process of above properties shall be conducted through e-auction only, on the said date i.e. 30/08/2019 (Date) from 11:00 A.M. to 1:00 P.M. by the Bank’s e-auction service provider M/s e- Procurement Technologies Limited (Auction tiger), B704-705, Wall Street –II, Opp: Orient Club, Nr. Gujarat College, Ellisbridge, Ahmedabad. The service provider will also provide training on e-auction, if required, to those who will deposit EMD. 3. Earnest Money Deposit (EMD) shall be deposited through RTGS/NEFT/Fund Transfer to the credit of No.31183170000016, Syndicate Bank Stressed Assets Management Branch, Khairatabad, Hyderabad Branch, and IFSC Code: SYNB0003118 before submitting bids. EMD can also be paid by way of Pay Order/Demand Draft in favour of SyndicateBank Payable at Hyderabad. 4. Bids shall be submitted in the prescribed format with relevant details. For details please contact M/s e- Procurement Technologies Limited (Auction tiger), B-704-5, Wall Street-II, Opp: Orient Club, Near Gujarat College, Ellisbridge, Ahmedabad, Contact person: Mr. Sudheer. Mob.917961200530, Contact Nos.079-40230810-811/812 , Toll Free No: 18001035342 – Whatsapp: 919374519724 & Mr. Janardhan Reddy (Hyderabad), Contact Mob.9052070217 – e-mail id: abcprocure@auctioner/net – support@auctiontiger –[email protected] 5. The intending bidders should submit the duly filled in Bid form (format available in the above website) along with the DD/PO/quoting the UTR no. of NEFT/RTGS remittance towards EMD in a sealed cover Page 3 of 6 addressed to the Authorised Officer at SyndicateBank, Stressed Asset Management Branch, #104, I Floor, Golden Edifice Complex, Khairatabad, Hyderabad - 500004, e-mail id: [email protected] so as to reach the same before 28/08/2019. The sealed cover should be super scribed with “Bid for participating in E-Auction Sale – in the A/c of M/s. Sustainable Protein Foods Private Limited.” 6. On compliance with the above, the bidders shall be provided with the facility of online participation in the inter se auction bidding. Online bidding will take place at the Website of http://syndicatebank.auctiontiger.net and shall be subject to the terms and conditions mentioned herein as well as those given in the bid document. Further the sale shall be in accordance with the SARFAESI Act/Rules. 7. No person other than the intending bidder themselves, or their duly authorized agent shall be allowed to participate in the E Auction.