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AHMEDABAD Page 1 of 5 TENDER CUM AUCTION SALE NOTICE REGIONAL OFFICE: AHMEDABAD TENDER CUM AUCTION SALE NOTICE WHEREAS the Authorised Officer of the Bank had issued Demand Notices dated 04.02.2016 and corrigendum dated 01.04.2016 and 03.05.2016 to1) M/s Ajay Vijay & Co Rep by its Authorised Partners, Mr. Vijay Kumar Agarwal, Mr Desh Bhushan Singhal, Mr. Ashwini Singhal, 13 A Shop No 1and 2, Ground Floor, Rittz Square, Near Indoor Stadium, Ghod Dod Road,Surat -395007 the borrower and 2) Mr. Vijay Kumar Agarwal, S/o Mr Tarachand Agarwal, Partner of M/s Ajay Vijay & Co, 505, Royal Palace, Renuka Co-Op Housing Society,Opp. Rangila Park, Ghod Dod Road,Surat - 395007 3) Mr Desh Bhushan Singhal, S/o Mr Jagdish Prasad Singhal, Partner of M/s Ajay Vijay & Co, A 703, Navpad Apartment, AB, City Light Road, Umra, Surat -395007 4) Mr. Ashwini Singhal, S/o Mr Ajay Kumar Singhal, Partner of M/s Ajay Vijay & Co, Flat No 303, 3rd Floor, Ashirvad Complex, Behind Sarjan Society, Umra, Surat -395007 5) Mrs. Sushila Deshbhushan Singhal, W/O Mr. Desh Bhushan Singhal, A 703, Navpad Apartment, AB, City Light Road, Umra, Surat -395007 6) Mrs Neha Agarwal D/o Mr Sajjan Kumar Agarwal, 505, Royal Palace, Renuka Co-Op Housing Society, Opp. Rangila Park, Ghod Dod Road, Surat -395007 7) Mr Ashok Goyal, S/o Ved Prakash Goyal, 302, Sulatan Apartment, Ranchor Nagar, Udhna, Surat-394210 8) Mr Ghanshyam R Kadmawala, S/o Mr Rampratap Kirodimal Kadmawala, 7-C, Ratan Astha Apartment, Near SD Jain School, Near Indian Bank, Behind Big Bazaar, Vesu, Surat – 395007 9) Mrs Kiran Ajay Singhal, D/o Mr Surendra Goya, Flat No 303, 3rd Floor, Ashirvad Complex, Behind Sarjan Society, Umra, Surat – 395007 10) Mrs Anjali Ashwini Singhal, W/O Mr. Ashwini Singhal, Flat No 303, 3rd Floor, Ashirvad Complex, Behind Sarjan Society, Umra, Surat – 395007 11) Mrs Mohini Devi Agarwal, D/o Tuhiram Agarwal, 505, Royal Palace, Renuka Co-Op Housing Society, Opp Rangila Park, Ghod Dod Road Surat - 395007 Guarantors under section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as „The Act‟) and has taken symbolic possession of the immovable properties, under Section 13(4) of the Act read with Rule 8 of the Security Interest (Enforcement) Rules, 2002 on 23.08.2016. AND WHEREAS, the borrower/ guarantor have failed to pay the amount, Notice is hereby given that out of the secured immovable properties, the immovable properties more fully described in the Schedule hereunder will be sold by way of Tender Cum Auction on “as is where is” basis and “as is what is” condition, on the date and at the place mentioned herein below for realization of a sum of Rs 40,19,46,569.17/- (Rupees Forty crores nineteen lakhs forty six thousand five hundred and sixty nine and paise seventeen only) as on 03.11.2016 with further interest on Rs 39,04,45,201.78 /-(Rupees Thirty nine crores four lakhs forty five thousand two hundred and one and paise seventy eight Only) @ 12.80% per annum with monthly rests and penal interest @ 2% per annum from 03.11.2016 subject to the following terms and conditions: - ITEM NO.1 Name of Property M/s Ajay Vijay &Co(Addressee No 1) Owner Description of Show Room No 1 and 2 admeasuring 2575 and 3232 sq feet(Super Built property up area) on the ground floor making a total of 5807 sq feet and1347 sq ft and 2040 sq ft(Super Built up area) on the Mezzanine Floor making a total of 3387 sq feet along with undivided proportionate share in the land with all rights bearing City Survey Nondh No 2400/A, TP Scheme No 5, Final Plot No 291/A, Sub Plot No 4 as Rittz Square, Near Indoor Stadium , Village Athwa and District Surat more fully described in Sale Deed bearing No 9236 Dated 15.07.2010 of Surat SRO and Page 1 of 5 The South Indian Bank Ltd., R O Ahmedabad, 4th floor, SAKAR VII, Ashram Road, Nehru Bridge Junction, Ahmedabad, Gujarat IP No: 7180 (DGM), 7183 (Legal) E-mail: [email protected] Website: southindianbank.com REGIONAL OFFICE: AHMEDABAD bounded by – On or towards North by – Open Passage, Road On or towards South by – Parking & Margin On or towards East by – Show Room No 3 On or towards West by – Road Reserve Price Rs 15,00,00,000/- Earnest Money Rs. 1,50,00,000/- (Rupees One Crore Fifty lakhs only) by way of Deposit (EMD) DD favoring “Authorized Officer, The South Indian Bank Ltd.” Payable at Surat along with tender letter in a sealed cover to the Authorized Officer on or before 12:00 PM on 22.12.2016 Date and Place of 22.12.2016 at1.PM at The South Indian Bank Ltd, Surat Udhna Sale Branch, Shop No A1 to A5, SNS House, Udhna Navasari Main Road, Udhna Teen Rasta – 394210, Surat. ITEM NO.2 Name of Property Mr Desh Bhushan Singhal and Mrs. Sushila Deshbhushan Owner Singhal,(Addressee No 3&5) Description of Residential Flat No 902 admeasuring 5145 sq feets of super built up area property and 3191.19 sq ft of built up area together with undivided proportionate share in land on 9th floor of building No A of “SAPPHIR COURT” bearing Revenue Survey No 136 and 143(Original Survey No 199 and 200) TP Scheme No 5 (Vesu- Bhimrad) of Final Plot No 15,16 (Part B) in Village Vesu District Surat more fully described in Sale Deed bearing No.2120 dated 19.02.2014 of SRO Surat and bounded by - On or towards North by – Flat No 901 On or towards South by – Open Plot On or towards East by – Road On or towards West by – Building No “B” Reserve Price Rs 20000000/- Earnest Money Rs. 2000000/- (Rupees Twenty lakhs Only) by way of DD favoring Deposit (EMD) “Authorized Officer, The South Indian Bank Ltd.” Payable at Surat along with tender letter in a sealed cover to the Authorized Officer on or before 12:00PM on 22.12.2016 Date and Place of 22.12.2016 at 1.PM at The South Indian Bank Ltd Udhna Branch, Sale Shop No A1 to A5, SNS House, Udhna Navasari Main Road, Udhna Teen Rasta – 394210, Surat. ITEM NO.3 Name of Property Mrs Kiran Ajay Singhal(Addressee No 9) Owner Description of Item No. 3 – . Residential Flat No 602 admeasuring 296.75 sq mtrs of property built up area on the 6th floor of the building known as “NALANDA RESIDENCY” together with undivided proportionate share in land bearing Revenue Survey No 3/1(Old Survey No 3) Plot No 7,8 & 9 and Plot No 10, 11 & 12 TP Scheme No 1 Vesu of Final Plot No 11 (Part B) Page 2 of 5 The South Indian Bank Ltd., R O Ahmedabad, 4th floor, SAKAR VII, Ashram Road, Nehru Bridge Junction, Ahmedabad, Gujarat IP No: 7180 (DGM), 7183 (Legal) E-mail: [email protected] Website: southindianbank.com REGIONAL OFFICE: AHMEDABAD in Village Vesu, Taluk Choryasi, District Surat more fully described in Sale Deed bearing No.2019 dated 12.02.2014 of SRO Surat and bounded by - On or towards North by – Open Plot On or towards South by – Open Plot On or towards East by – Open Plot On or towards West by – Jolly Residency Reserve Price Rs 1,85,00,000/- Earnest Money Rs. 18,50,000/- (Rupees Eighteen Lakhs Fifty Thousand Only) by Deposit (EMD) way of DD favoring “Authorized Officer, The South Indian Bank Ltd.” Payable at Surat along with tender letter in a sealed cover to the Authorized Officer on or before 12:00PM on 22.12.2016 Date and Place of 22.12.2016 at 1.PM at The South Indian Bank Ltd Udhna Branch, Sale Shop No A1 to A5, SNS House, Udhna Navasari Main Road, Udhna Teen Rasta – 394210, Surat. ITEM NO.4 Name of Property Mr Ghanshyam R Kadmwala(Addressee No 8) Owner Description of Shop No 3 admeasuring 37.82 sq mtrs Super built up area and 18.58 sq property mtrs built up area on ground floor of “PRACHI” constructed on land bearing Revenue Survey No 68 TP Scheme No 4, Final Plot No 60 in Village Umra, Taluk Choryasi, District Surat more fully described in Sale Deed bearing No.14809 dated 02.09.2008 of SRO Surat and bounded by - On or towards North by – Prachi Apartment On or towards South by – Kruti Akruti Apartment On or towards East by – Shop No 2 On or towards West by – Shop No 4 Reserve Price Rs 46,00,000/- Earnest Money Rs. 4,60,000/- (Rupees Four lakhs sixty thousand Only) by way of Deposit (EMD) DD favoring “Authorized Officer, The South Indian Bank Ltd.” Payable at Surat along with tender letter in a sealed cover to the Authorized Officer on or before 12:00PM on 22.12.2016 Date and Place of 22.12.2016 at 1.PM at The South Indian Bank Ltd Udhna Branch, Sale Shop No A1 to A5, SNS House, Udhna Navasari Main Road, Udhna Teen Rasta – 394210, Surat. ITEM NO.5 Name of Property Mr. Ashok Goyal(Addressee No 7) Owner Description of Shop No 4 admeasuring 37.82 sq mtrs Super built up area and 18.58 sq property mtrs built up area on ground floor of “PRACHI” constructed on land bearing Revenue Survey No 68 TP Scheme No 4, Final Plot No 60 in Village Umra, Taluk Choryasi District Surat more fully described in Sale Deed bearing No.7405 dated 01.06.2007 of SRO Surat and bounded by - Page 3 of 5 The South Indian Bank Ltd., R O Ahmedabad, 4th floor, SAKAR VII, Ashram Road, Nehru Bridge Junction, Ahmedabad, Gujarat IP No: 7180 (DGM), 7183 (Legal) E-mail: [email protected] Website: southindianbank.com REGIONAL OFFICE: AHMEDABAD On or towards North by – Prachi Apartment On or towards South by – Kruti Akruti Apartment On or towards East by – Shop No 3 On or towards West by – Shop No 5 Reserve Price Rs 46,00,000/- Earnest Money Rs.
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