Regional Office : ERNAKULAM

TENDER CUM AUCTION SALE NOTICE

WHEREAS the Authorised Officer of the Bank had issued Demand Notices dated 02/11/2009 to (1) M/s Vibha Chocolates (P) Ltd. Regd. Office: KINFRA Small Industries Park, Nellad.P.O., Pin-686 721, (2) Mr. Bhaskaran.A. S/o Krishnan Namboodiri, Thushara, Pattithara, Thrithala.P.O, Palakkad- 679 534, 3) Mr. Binoj Bhaskar , TC 50/384, Vaishnavam, Ayyanthole P.O, Thrissur- 680 003, 4) Mrs. Sushama Binoj W/o Binoj Bhaskar, TC 50/384, Vaishnavam, Ayyanthole P.O,Thrissur- 680 003, 5)Mrs. Baby.K.Nair, w/o. Krishnankutty Nair, Kizhake Avannur, Puthur.P.O., Thrissur, 6) Mr. K. Sasidharan, S/o. Madhavan Nambiar, TC 50/384, Vaishnavam, Ayyanthole P.O.,Thrissur, 7) Mr.Nirmalan, S/o. Bhargavi Amma, Korattithara (Thundayil), Choondal.P.O., Thrissur, 8) Mrs.Remadevi, W/o. Nirmalan, Korattithara (Thundayil), Choondal.P.O, Thrissur, 9) Late Mr.Unni Nair, Avannur House, Puthur.P.O, Thrissur (represented by his Legal Representatives Mr. Pramod, s/o. Late Mr. Unni Nair and Mrs. Vava @ Kochukutty, w/o. Late Mr. Unni Nair, Avannur House, Puthur.P.O, Thrissur in the proceedings) 10) Mrs.Vava @ Kochukutty, Avannur House, Puthur.P.O., Thrissur, 11) Mrs. Sija Ramdas, W/o. Mr. Ramdas, Sreenilayam, Thrikkur, Thrissur, in the account of Vibha Chocolates (P) Ltd 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 Physical Possession of item No. 1,2,5,6 and 7 immovable properties, Symbolic possession of item No. 3, 4 and 8 immovable properties and symbolic possession of item No.9 movable properties on various dates, the properties are more fully described in the schedule hereunder under Section 13(4) of the Act read with Rule 8 and Rule 4 of the Security Interest (Enforcement) Rules, 2002. AND WHEREAS, the borrower/ co-obligant/ guarantor have failed to pay the amount, Notice is hereby given that the movable/ 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 total sum of Rs. 6,60,36,594.66 (Rupees Six Crores Sixty Lacs Thrity Six Thousand Five Hundred Ninety Four Paise Sixty Six only) as on 20.10.2012 with further interest on Rs. 4,85,27,889.10 @ 18% p.a with monthly rests and on Rs. 3,56,36,412.67 @2% p.a from 21.10.2012 in CCOL A/c., on Rs. 76,89,405.06 @ 18.50% p.a with monthly rests and on Rs. 57,80,188.15 @2% p.a from 21.10.2012 in FSL A/c and on Rs. 80,51,678.22 @ 18.50% p.a with monthly rests and on Rs. 60,70,639.81 @2% p.a from 21.10.2012 in WCTL A/c and costs, subject to the following terms and conditions: - DATE & TIME OF SALE 04.01.2013 at 12.00 Noon PLACE OF SALE THE SOUTH INDIAN BANK LTD., REGIONAL OFFICE: THRISSUR, ROUND SOUTH, THRISSUR

SCHEDULE OF PROPERTIES Amount in Rs. Description of Property Reserve Price EMD ITEM No.1 1,60,00,000/- 16,00,000/- 20.77 ares (51.300 cents) of land with Residential Building having plinth area of 2389 Sq. ft. and all other improvements thereon, in Re.Sy.No.119/16 P of Choondal Village, Thalapilly Taluk of which 45.000 cents is bounded on the East by road, North by private vazhi & property, West by remaining property and South by Thekkekara property and 6.300 cents bounded on the East by Panchayat vazhy, North by private vazhi & property, West by remaining property and South by remaining property. The South Indian Bank Ltd., Regd. Office. Thrissur, Kerala Regional Office: Ernakulam, SIB Building, Info Park Road, Rajagiri Valley PO, Kakkanad, Kochi 682039 Tel. No. (0484) 2771363, 3939363 IP No. 7030 (DGM), 7031 (CM), 7032 (CM), 7033, 7034 E-mail: [email protected] Website: www.southindianbank.com Regional Office : ERNAKULAM Property Owned by Mr. Nirmalan & Mrs. Ramadevi ITEM No. 2 36,00,000/- 3,60,000/- 2.75 ares (6.800 cents) of land with Residential building measuring about 1500 Sq. ft. bearing No. T.C. I/ 913 & T.C. I/ 914 and all other improvements thereon in Sy.No.641/4, of Ayyanthole village, Thrissur Taluk bounded on the East by properties of Ramakrishnan, North by properties of Santha & Reji, West by Properties of Devaki Amma & Kunjunni Menon and South by Road. Property Owned by Mr. Sasidharan ITEM No. 3 12,00,000/- 1,20,000/- 2.02 ares (5.00 cents) of land with Residential building measuring about 2000 Sq. ft. bearing No. IV/ 340 and all other improvements thereon in Sy.No.74/9 & 74/10, Pattithara village, Ottapalam Taluk, bounded on the East by property of Aluvettil Devakiamma, North by property of Krishnan Menon Thevarakulathil, West by PWD Road and South by property of Aluvettil Devakiamma. Property Owned by Mr. Bhaskaran Nair ITEM No. 4 30,00,000/- 3,00,000/- 3.64 ares (9.00 cents) of land with commercial building measuring about 1452 Sq. ft. bearing No. II/ 23 and all other improvements thereon in Sy.No.291/3 P of Thrikkur village, Mukundapuram Taluk bounded on the East by property of Nandakumar, North by Road, West by property of Ramdas and South by property of Ramadas. Property Owned by Mrs. Sija Ramdas ITEM No. 5 20,00,000/- 2,00,000/- 4.45 ares (11.00 cents) of land with residential building measuring about 1200 Sq. ft. bearing No. XII/ 592 and all other improvements thereon in Sy.No.436/4 of Puthur village, Thrissur Taluk bounded on the East by property of Avannur Unni, North by Tar road, West by Pathway and South by property of Kochammu Avannur. Property Owned by Mrs. Baby K Nair ITEM No. 6 60,00,000/- 6,00,000/- 15.12 ares (37.375 cents) of land with an old residential building and all other improvements thereon in Sy.No.436/4 & 431/7, of Puthur village, Thrissur Taluk Property Owned by Late Mr. Unni Nair ITEM No. 7 4.25 ares (10.500 cents) of land with an old residential building and all other improvements thereon in Sy.No.436/4 & 431/7, of Puthur village, Thrissur Taluk Property Owned by Mrs. Vava @ Kochukutty The properties are lying together as a plot and is bounded on the East by Pathway, North by Road, West by Property of Baby Avannur and South by properties of Nandanan Ponnethu. ITEM No. 8 60,00,000/- 6,00,000/- Leasehold rights over 13.11 ares (32.400 cents) of land with factory building having plinth area of 3150 Sq. Ft. Including porch RCC construction, constructed as per the requirement of a food industry with vitrified tiles in KINFRA Small Industries Park under Sy. No. 508 The South Indian Bank Ltd., Regd. Office. Thrissur, Kerala Regional Office: Ernakulam, SIB Building, Info Park Road, Rajagiri Valley PO, Kakkanad, Kochi 682039 Tel. No. (0484) 2771363, 3939363 IP No. 7030 (DGM), 7031 (CM), 7032 (CM), 7033, 7034 E-mail: [email protected] Website: www.southindianbank.com Regional Office : ERNAKULAM Part, Mazhuvannur Village, Kunnathunadu Taluk The property is having remaining lease period of 81 years as on 31.12.2012 and the lessee is M/s. Vibha Chocolates (P) Ltd. ITEM No. 9 44,00,000/- 4,40,000/- Machineries available in M/s. Vibha Chocolates (P) Ltd. like Air Compressor, Air Conditioner Unit, Bel Coater Machine, Chocolate Pump with SS Pipes, Chocolate Melting Tank, Dehumidifier, Packing Machine (2 Nos), Tray Drier, Electrical Installation, Weighing Balance, Sugar Coating Pan and Polishing Pan

TERMS AND CONDITIONS 1) The property will be sold on “as is where is” basis and “as is what is” condition and the Bank is not responsible for title, condition or any other fact affecting the property. The particulars furnished regarding the secured asset is stated to the best of information of the Bank and the Bank will not be answerable for any error, misstatement or omission. 2) The proposed Tenderers shall read and understand the terms and conditions mentioned in the Tender Sale Notice which is published by the Bank in its Website, Muvattupuzha Branch, Ernakulam Regional Office and Thrissur Regional Office and also visit the scheduled property and satisfy as to its area, boundaries etc, ownership, title, encumbrances, statutory approvals, measurements etc. The Bank shall not entertain any dispute regarding the Tender process or the scheduled property after participating in the sale. 3) Interested Tenderers shall produce a copy of any valid photo identity/ address proof. In case, the Tenderer is participating on authorization, he should produce the ID proof of himself and the Tenderer. 4) All amounts payable regarding the sale including EMD shall be paid by way of DD/ RTGS drawn in favour of “The Authorised Officer, The South Indian Bank Ltd.” payable at Ernakulam 5) Interested Tenderers shall submit Demand Draft for the EMD at The South Indian Bank Ltd. Trichur Regional Office along with the Tender in a sealed cover before 11.30 AM on 04.01.2013 6) The Right of entry to the place of sale will be restricted to the Tenderers who have submitted the Tender letter and EMD in a sealed cover within the stipulated time or within such time as may be decided by the Authorised officer at his sole discretion. 7) The Authorised Officer has got right to cancel/ postpone the Auction without assigning any reason whatsoever. Further, the Authorised Officer shall have the discretion to accept, reject or return any or all the Tenders already submitted and the Bank will not entertain any claim or representation in that regard from the Tenderers. 8) The Sealed Tenders will be opened item wise by the Authorised Officer on 04.01.2013 at 12 Noon. Any tender received quoting a price below the Reserve Price will be rejected outright. 9) After opening the tenders, the Tenderers who are present may be given an opportunity at the discretion of the Authorised Officer to have inter se bidding among themselves to enhance their offer price. 10) The Successful Tenderer should pay 25 % of the bid amount (less EMD) immediately on receipt of bid acceptance letter and the balance 75% amount within 15 days of the sale, failing which the entire amount paid by the Tenderer shall be forfeited by the Authorised Officer, without any notice and the sale will be cancelled and the property will be brought to sale again. However, in desirable cases the time may be extended at the sole discretion of the Authorised Officer.

The South Indian Bank Ltd., Regd. Office. Thrissur, Kerala Regional Office: Ernakulam, SIB Building, Info Park Road, Rajagiri Valley PO, Kakkanad, Kochi 682039 Tel. No. (0484) 2771363, 3939363 IP No. 7030 (DGM), 7031 (CM), 7032 (CM), 7033, 7034 E-mail: [email protected] Website: www.southindianbank.com Regional Office : ERNAKULAM 11) The sale is subject to confirmation by the Authorised Officer, who shall have right to cancel the sale also notwithstanding that the successful Tenderer has remitted the 25% of Sale amount. Further, the sale is also subject to confirmation by the Secured Creditor. 12) On the sale being confirmed and on receipt of the entire sale proceeds by the Authorised Officer, the successful Tenderer will be issued with a Sale Certificate as per the terms and conditions of the Bank and the SARFAESI Act. The successful Tenderer should pay all the existing dues etc., to the Government/ Local Authorities including charges/ fees payable for registration of sale certificate such as registration Fees, Stamp Duty etc., as applicable as per law. 13) The Authorised Officer or Bank will not be held responsible for any charge, lien, encumbrance, property tax or any dues to the Government or anybody in respect of the properties under sale. 14) The successful Tenderer shall pay all Taxes/ Electricity/ Water/ Sewerage Charges or any other charges demanded by any authority after the acceptance of the bid, even if it pertains to previous periods. 15) The Successful Tenderer shall, at his cost, get the Electricity/ Water/ Sewarage connection etc. and any other common services transferred in his name. 16) The AO/ Bank has obtained EC regarding item No. 1 property from 01/01/1976 to 17/10/2012, item No. 2 property from 01/01/1973. to 17.10.2012, item No. 3 property from 01/01/1973 to 09/11/2012, item No. 4 property from 01/01/1974. to 24/09/2012, item No. 5 property from 01/01/1973 to 17.10.2012, item No. 6 property from 01/01/1977. to 17.10.2012, and item No. 7 property from 01/01/1977 to 17.10.2012, and it does not reveal any encumbrance affecting the title of the owner. However, there is an attachment over 10.27 ares of item No. 6 property and 4.24 ares in item No. 7 property issued by Thrissur Sub Court in OS No. 520/ 2012 which will not affect the Bank’s right, as the mortgage in favour of the Bank is prior to the attachment of the Court. 17) For any further information and for inspection of property, the intended Tenderers may contact the Authorised Officer, The South Indian Bank Ltd., Regional Office; Ernakulam (Ph:0484 2771375) or The South Indian Bank Ltd., Branch Muvattupuzha (Ph:0485 2810041.) during working hours. 18) This may be treated as notice to the borrower/ co-obligant/ guarantor informing them that the property will be sold if the entire amount due to the Bank being Rs. 6,60,36,594.66 (Rupees Six Crores Sixty Lacs Thrity Six Thousand Five Hundred Ninety Four Paise Sixty Six only) as on 20.10.2012 with further interest on Rs. 4,85,27,889.10 @ 18% p.a with monthly rests and on Rs. 3,56,36,412.67 @2% p.a from 21.10.2012 in CCOL A/c., on Rs. 76,89,405.06 @ 18.50% p.a with monthly rests and on Rs. 57,80,188.15 @2% p.a from 21.10.2012 in FSL A/c and on Rs. 80,51,678.22 @ 18.50% p.a with monthly rests and on Rs. 60,70,639.81 @2% p.a from 21.10.2012 in WCTL A/c till the date of repayment with and costs and charges is not remitted on or before the date fixed for sale.

Date :17.11.2012 AUTHORISED OFFICER Place :Ernakulam (CHIEF MANAGER)