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1. Corporation Bank, Guntur Main Branch, D.NO.4-3-34 Behind Hindu

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1. Corporation Bank, Guntur Main Branch, D.NO.4-3-34 Behind Hindu कार्पोरेशन बℂक Corporation Bank (सार्वजननक क्षेत्र का एक अग्रणी बℂक A Premier Public Sector Bank) गुԂटुर-लक्ष्मीर्पुरम शाखााः 3-28-24/7, एसर्ीआर काԂꥍले啍स, अ뵍यꥍर्पा र्ामी मԂदिर के सामने, कुԂिुला रो蔼, ब Ԃिार्न गा셍वन, गुԁटुर -522 006 Guntur-Lakshmipuram Branch : 3-28-24/7, SVR Complex, Opp. Ayyappa Swamy Temple, Kundala Road, Brundavan Gardens, GUNTUR – 522 006 िूरभाष Tel: 0863-2218383/23283838 ई-मेल e-mail :[email protected] र्ेबसाइट Website-www.corpbank.in TO: BORROWER: 1. M/s Sri Eswara Cotton Ginning Mill Represented by: Prop: Modepalli Hymavathi W/o Narasimha Rao, 8/215/4/A,C/O ANJANI COTTON Pvt Ltd. Ananthavarappadu Road, ETUKURU, GUNTUR -522017 2. Modepalli Hymavathi W/o Narasimha Rao, D.no: 9-96, Pedaparimi, Thullur mandal, Guntur District. THE GUARANTOR/S 1. Mr. KONDAVEETI SRINIVASA RAO S/O CHINA RAJA RAO Flat No: 401, Svr Mysonet, 4/2 Chandramouli Nagar, Guntur. 2. Smt. Kondaveeti Siva Kumari W/o Srinivasa Rao, Flat No: 401, Svr Mysonet, 4/2 Chandramouli Nagar, Guntur. Dear Sir/Madam, Sub: Notice of 30 days for sale of immovable secured assets under Rule 8 of the Security Interest (Enforcement) Rules, 2002. 1. Corporation Bank, Guntur Main Branch, D.NO.4-3-34 Behind Hindu College G T Road, Guntur-522003, the secured creditor, caused a demand notice to M/S SRI ESWARA COTTON AND GINNING MILL dated 03.04.2019 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002, calling upon you to pay the dues within the time stipulated therein. Since you failed to comply with the said notice within the period stipulated, the Authorised Officer, has taken possession of the immovable secured assets under Section 13(4) of the Act read with Rule 8 of Security Interest (Enforcement) Rules, 2002. Possession notice dated 19.06.2019 issued by the Authorised Officer, as per appendix IV to the Security Interest (Enforcement)) Rules, 2002 was delivered to you and the same was also affixed to the properties mortgaged with the Secured Creditor, apart from publication of the same in newspapers. Please note that you were informed about your right to redeem the property within the time available under Section 13(8) of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, which you have failed to honour. 2. As you have failed to clear the dues of the secured creditor, the immovable secured assets that have been taken possession by the Authorised officer, will be sold by holding public E-auction on 10.10.2019 at 11.45 AM to 01.15 PM by inviting Bids from the public through online on https://corpbank.auctiontiger.net M/s. e-procurement Technologies Ltd.(Auction Tiger). Ahmadabad Tel:-079-61200517 / 501 / 519 / 546 Mob no. +91 6352490784 or Mr.Ravi Kumar Chukka Mob. No.8008617666, E-Mail Id:[email protected] , [email protected] . 3. You are also requested to ensure participation by parties interested in buying the immovable secured assets in the sale as proposed above. 4. A copy of the terms of sale is enclosed for your reference. Please note that the Auction will be conducted through E-Auction mode on the date and time mentioned in the enclosed terms of sale. Yours faithfully, Place : Guntur Date: 28.08.2019 AUTHORISED OFFICER CORPORATION BANK Encl: Terms of sale TERMS AND CONDITIONS OF SALE OF IMMOVABLE SECURED ASSETS: 1. Name and address of the Borrower BORROWER: and Guarantor 1. M/s Sri Eswara Cotton Ginning Mill Represented by: Prop: Modepalli Hymavathi W/o Narasimha Rao, 8/215/4/A,C/O ANJANI COTTON Pvt Ltd. Ananthavarappadu Road, ETUKURU, GUNTUR -522017 2. Modepalli Hymavathi W/o Narasimha Rao, D.no: 9-96, Pedaparimi, Thullur mandal, Guntur District. THE GUARANTOR/S 1. Mr. KONDAVEETI SRINIVASA RAO S/O CHINA RAJA RAO Flat No: 401, Svr Mysonet, 4/2 Chandramouli Nagar, Guntur. 2. Smt. Kondaveeti Siva Kumari W/o Srinivasa Rao, Flat No: 401, Svr Mysonet, 4/2 Chandramouli Nagar, Guntur. 2. Name and address of the Secured Corporation Bank GUNTUR Main Branch D.NO.4- Creditor : 3-34 Behind Hindu College G T Road, Guntur- 522003. 3 Description of immovable secured assets to be Sold: ITEM NO.1: Guntur district, Nallapadu sub District Chinapalakaluru Village Sivar , Mallavaram Village Panchayath area in Chinapalakaluru Village D.No.191/A with an extent of AC 2.80 cents land which is made into plots and Plot No.10 site is bounded by:- East: Site of plot No. 11 gifted by donor to donee---125’-00” Ft South: Site of Plot No 6 --- 94'-04” West : SITE OF Plot No.9 gifted by donor to done 125’-00” North: 30 Ft wide Road --93’-00” With in These boundaries an extent of 1293.86 sq yds or 1081.83 sq mts site only. ITEM NO.2 Guntur district, Nallapadu sub District Chinapalakaluru Village Sivar , Mallavaram Village Panchayath area in Chinapalakaluru Village D.No.191/A with an extent of AC 2.80 cents land which is made into plots and Plot No.11 site is bounded by:- East: site of Plot No.12 gifted by donor to donee –125 Ft South: site of Plot No 7 to some extent, site of Plot no 6. To some extent --93 ft West: Site of Plot No.10 gifted by donor to done ---125 ft. North: 30 ft wide road – 93 ft. Within these boundaries an extent 1283.87 sq .yds or 1073.48 Sq.mts site only. ITEM NO.3 Guntur district Nallapadu Sub district ,area within Guntur Municipal Corporation Limits (Guntur , Syamala nagar area property near to Door No 2-14-159/10c) in Nallapadu village D.No.217 with an extent of 477.86 sq yds or 399.53 sq mts.site in that an undivided and unspecified share of 47.786 sq yds or 39.955 sq mts .site an apartment complex called Aditya Parasdise situated in Ground Floor bearing Flat No.101 Triple Bed room Flat is bounded by:- East: Open to Sky Common Corridor and Stair Case. South: Open to Sky. West: Open to Sky. North: Open to Sky. Within these boundaries 1570 sq ft (common area) with all other Common, joint and easementary rights. ITEM NO.4 Guntur District Guntur Sub District Guntur Municipal Corporation area in Guntur city Railpet (Rasoolpet) Municipal Old Ward No.4 New Ward No.11 Block No 3 Town survey No 200 property bearing Municipal Door No 9-4-9-,9-4-9A 9-4-9C present Door No. 9-4-18 ,9-4- 19 with Municipal Assessment No 14496 and 14497 in the said Surya Teja Residency is bounded by:- East : Municipal Corporation Road --63 ft South : Property of Bandaru Bikshalu --36 ft West : Property of Viswa Bramhana Dharma Satram to some extent and property of Dhanekula Rattamma to some extent in total --63 ft North: Municipal Corporation Road --34’-06” Within these boundaries an extent of 246.61 sq yds or 206.20 sq mts .site and in that an undivided and unspecified share of 55 sq yds or 45.98 sq mts. Site in Ground Floor is bounded by:- East: Common corridor. South: Property of Yalavarthi Ramalingeswara Sarma, etc. Again East: Balance Property of Yalavarthy Ramlingeswara Sarma Common Steps to some extent. Again South: Property Bandaru Bikshalu in Ground. West: Property of Viswa Bramhana Dharma Satram to some extent and property of Dhanekula Rattamma to some extent. North: Common corridor by the side of Municipal Road. Within these boundaries an extent of 1000 sq ft (with common area) in the said Surya Teja Residency Apartment in Ground Floor Flat along with all other common , joint and easementary rights. ITEM NO.5 Guntur District ,Guntur sub district , Guntur Municipal Corporation area (Guntur city Old Guntur ,Burlavari Veedhi ) Guntur Municipal Old Ward No.7 Block No.11 Town Survey No.884/A vendor has a right property is Bounded by :- East: Joint wall between this property and property of Tadiboina Srirama Murthy – 66’-06” South : Joint wall between this Property and From there wall of Kota pamulu –19 ft West: Property wall of Siriboina Venkateswarlu, etc –63-09” North: Compound wall of this property by the side of Municipal Corporation Road --19 ft Within these boundaries an extent of 137.66 sq.yds or 115.11 Sq.mts .site with Door No.16- 18-8, New Door No .16-18-13, Assessment No 23600/139 Ground, First and Second Floors Rcc Daba House with all other amenities. ITEM NO.6 Guntur District, Tadikonda Sub District Jonnalagadda Grama Panchayath area site which is western side to Gullalkonda in Jonnalagadda Village D NO. 266 within which vendor has right an extent of 3630 sq yds .site Northern side an extent of 1210 sq yds .site sold is bounded by:- East: Land of Immadi Punnaiah --93 ft South: Site Gifted by vendor to his wife Mandava Nagamani --119’-06” West: Sarkar Donka --93 ft North: Land of Bonthu Pitchi Reddy --115 ft Within these boundaries an extent of 1210 sq.yds or 1011.71 sq.mts site only. 4.The details of encumbrances, if any Nil known to the Secured Creditor 5. Last date for submission of EMD On or before 09.10.2019 before 5.00 PM 6. Date & Time of auction 10.10.2019 11.45 AM to 01.15 PM (with 10 min unlimited auto extensions) E-auction website- https://corpbank.auctiontiger.net M/s. e-procurement Technologies Ltd.(Auction Tiger).
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