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ARM/E-AUCTION/ENRICH - 216 Date: 02/03/2020

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ARM/E-AUCTION/ENRICH - 216 Date: 02/03/2020 (A GOVERNMENT OF INDIA UNDERTAKING) ASSET RECOVERY MANAGEMENT BRANCH Ref: ARM/E-AUCTION/ENRICH - 216 Date: 02/03/2020 To a. M/s.Enrich Tech Store, Rep. by its Partners Mrs.A.Rajalakshmi, Mr.S.T.Madhavan, Mrs.Mydeen Bi.A and Mr.Y.F.John Yesudhas Shop No.39, Plaza Centre No.129, G.N.Chetty Road, Nungambakkam, Chennai – 600034 Earlier at, M/s.Enrich Tech Store, No.42, Gee Gee Complex, Anna Salai Mount Road, Chennai – 600002 b. Mrs.A.Rajalakshmi, W/o.Mr.Anbazhagan, No.2, Thirumurugan Nagar, Kolathur, Chennai – 600099 c. Mr.S.T.Madhavan, S/o.S T L Narasimhan, M11, B Block, Y S Enclave, 134, Arcot Road, Virugambakkam, Chennai – 600092 d. Mrs.Mydeen Bi.A W/o.Anver Ali Sait, No.35/16, Muthamman Nagar, Ayanavaram, Chennai – 600023 e. Shri.Johan Yesudhas, S/o.Mr.Y.Vargheese, No.15, Safari Bhagawathy Flats, SIP Colony, Easwara Koil 2nd Street, Nanganallur, Chennai – 600061 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 1 Madam / 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) of the Security Interest (Enforcement) Rules, 2002 As you are aware, Canara Bank, Asset Recovery Management Branch 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 our Asset Recovery Management Branch of Canara Bank. The undersigned proposes to sell the assets (through e-auction) more fully described in the schedule of the Sale Notice. In furtherance of the earlier notice with Reference No.ARM/E-AUCTION/ENRICH – 156 dated 21/11/2019, 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 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 (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 Asset Recovery Management Branch of the Canara Bank, will be sold on “As is where is”, “As is what is”, and “Whatever there is” on 23/03/2020, (Time 11:30 A.M. to 12:30 P.M) for recovery of Rs.3,85,65,926.00/- due as on 31/12/2019 to the Asset Recovery Management Branch of Canara Bank from M/s.Enrich Tech Store, Mrs.A.Rajalakshmi, Mr.S.T.Madhavan, Mrs.Mydeen Bi.A and Shri.Johan Yesudhas. The reserve price will be Rs.1,47,00,000/- (Rupees One Crore Forty Seven Lakhs Only) and The earnest money deposit will be Rs.14,70,000/- (Rupees Fourteen Lakhs Seventy Thousand Only). The Earnest Money Deposit shall be deposited on or before 21/03/2020 at 5.00 P.M Details of Property: (Property in the name of Mrs.Mydeen Bi.A, vide Doc.Nos.271/1985 and 1110/1986) All that part and parcel of the property consisting of land and building situated at Plot No.16(Part), Door No.35/16 (Old Door No.16/New Door No.35, Ayisha Manzil, Muthamman Koil Street, Muthamman Nagar, Ayanavaram, Chennai – 600023, Ayyanavaram village, Chennai District, comprised in T.S.No.52/2, as per TSLR Patta Current T.S.No.52A/1, measuring an extent of 2880 sq.ft and bounded on North by : Common Passage to Muthamman Koil Street and Mohamed Arif Property South by : Property in T.S.No.52/15 of John Koren, East by : Muthamman Koil Street West by : Chakravarthy Nagar Lying within the Registration District of Central Chennai and Sub-Registration District of Anna Nagar. 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: 02/03/2020 AUTHORISED OFFICER Place: Chennai CANARA BANK 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 (A GOVERNMENT OF INDIA UNDERTAKING) ASSET RECOVERY MANAGEMENT BRANCH DETAILED TERMS AND CONDITIONS OF THE SALE NOTICE DATED 02/03/2020 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: i. M/s.Enrich Tech Store, Rep. by its Partners Mrs.A.Rajalakshmi, Mr.S.T.Madhavan, Mrs.Mydeen Bi.A and Mr.Y.F.John Yesudhas Shop No.39, Plaza Centre No.129, G.N.Chetty Road, Nungambakkam, Chennai – 600034 Earlier at, No.42, Gee Gee Complex, Anna Salai Mount Road, Chennai – 600002 ii. Mrs.A.Rajalakshmi, W/o.Mr.Anbazhagan, No.2, Thirumurugan Nagar, Kolathur, Chennai – 600099 iii. Mr.S.T.Madhavan, S/o.S T L Narasimhan, M11, B Block, Y S Enclave, 134, Arcot Road, Virugambakkam, Chennai – 600092 iv. Mrs.Mydeen Bi.A W/o.Anver Ali Sait, No.35/16, Muthamman Nagar, Ayanavaram, Chennai – 600023 v. Shri.Johan Yesudhas, S/o.Mr.Y.Vargheese, No.15, Safari Bhagawathy Flats, SIP Colony, Easwara Koil 2nd Street, Nanganallur, Chennai – 600061 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 3. Total liabilities as on 31/12/2019: Rs.3,85,65,926.00/- (Rupees Three Crore Eighty Five Lakhs Sixty Five Thousand Nine Hundred Twenty Six 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. Mr.Bharathi Raju, Contact no. 08939000594. Email id: [email protected], [email protected]. (c) Date & Time of Auction : 23/03/2020 & Time 11:30 A.M. to 12:30 P.M. (d) Portal of E-Auction : https://canarabank.auctiontiger.net. 5. Reserve Price : Rs.1,47,00,000/- (Rupees One Crore Forty Seven 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 18/03/2020 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 21/03/2020 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]. 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 f. After payment of the EMD amount, the intending bidders should submit a copy of the following documents/details on or before 21/03/2020, 5.00 PM, to Canara Bank, Asset Recovery Management Branch, by hand or by email. 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.
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