Indian Overseas Bank Regional office 3rd Floor, Lakshmi Narayanan Complex, 10/1 Palace Road, Vasanth nagar, Bangalore- 560052 Ph no: 080-22950320 / 7738719449 Email ID : [email protected]

SALE NOTICE FOR SALE OF IMMOVABLE SECURED ASSETS [Under Proviso to Rule 8(6) of Security Interest (Enforcement) Rules] ------E-auction Sale Notice for Sale of Immovable Assets 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 Borrower (s) and Guarantor (s) 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 Indian Overseas Bank, Secured Creditor, will be sold on “As is where is”,”As is what is”, and “Whatever there is” on 21.10.2019, for recovery of the below mentioned dues to the Indian Overseas Bank, Secured Creditor from the below mentioned Borrowers . The reserve price will be as mentioned below (1% Income Tax on sale consideration of above Rs.50 Lacs to be borne by the successful bidder separately) and the earnest money deposit will be as mentioned below:

Name of Branch Borrower/ Name/ EMD/ EMD Company Contact Account Loan account Outstanding Account Sno Branch (including name Security Details Reserve Price Details name number Dues (in Rs.) Details/ IFSC of Proprietor/ (Landline & Code Partner/ Director/ Mobile)/ Guarantor Web portal

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details

All that piece and parcel of residential house property at panchayath katha No :29/30, situated at yelekere village, kasaba Hobli, taluk, District . Kennalu 7,98,332.00 + East to West : 41 ft 08236 - interests and North to South : 90 ft 255316 Mob HL - costs thereon Kennalu R Nagaraju R Nagaraju Bounded on : 24,00,000.00 2,40,000.00 : 9731934858 028603351200008 and less 1 East by : 4.9 ft galli & House www.matex recoveries of Rangappa auctions.co made if any West by: 5.3 ft galli & house m

of Puttaswamygowda North by : Grama thana/KRS Road/ margin Road South by : Conservancy Property is in the name of Sri. R Nagaraju

All that piece and parcel of House property bearing No.234/383, Yelekere Village, Kasaba Hobli, Pandavapura Taluk, . Total extent of the site – 5445 SqFt, Kennalu Total constructed area – 08236 - 7,91,192.61 1066 SqFt Bounded 255316 Mob HL - Kennalu S Somashekar S Somashekar + interests & on : 15,50,000.00 1,55,000.00 : 9731934858 2 028603351000002 costs East - Land of Bana Soora www.matex

Boregowda, West - Site of auctions.co Y S Narasegowda, m North - KRS Road Margin and Road, South - Own Land This property is in the name of S Somashekar

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All that piece and parcel of residential site with building constructed thereon bearing Panchayat Khata No.555/B, situated at Kennalu Village, Kasaba Hobli, Pandavapura Taluk, Mandya Dist Measuring : Kennalu 08236 - HL - 3,57,277.49 + East to West - 25 ft 255316 Mob Kennalu H B Lokesha H B Lokesha 028603351200007/ interests & North to South -46 ft 24,80,000.00 2,48,000.00 : 9731934858 3 028603351300002 costs Bounded on : www.matex auctions.co East : By property of m Eregowda West : By Road and own property North : By property of Mahalingegowda K H South : By property of Vaddarahalli Karigowda This property is in the name of H B Lokesha

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All the part and parcel of residential property bearing panchaythi khatha No. 687/687. situated at Kennalu (V), Kasaba Hobli, Pandavapura Tq.

Measuring : 4,53,418.75 East to West – 28 Feet HL : Kennalu Krishna K H Krishna K H + interests & North to South – 38 Feet 1,28,000.00 4 028603350900006 costs Total Extant of the site : 1064 12,80,000.00

Sqft Bounded on : East by :House of Paramesh West by : House of R Shobha North by : Site of Rajanna South by : Road This property is in the name of Krishna K H

All the part and parcel of property bearing panchaythi khatha/Janjar No. 252, situated at Vaddarahallli Village, Kasba Hobli, Pandavapura Taluk, Mandya District.

12,59,663.90 + Measuring : SL – Kennalu Kale Gowda Kale Gowda interests & East to West – 198 Feet 49,00,000.00 4,90,000.00 5 028603311300008 costs North to South – 132 Feet

Bounded on : East by Road West by Land of Kalegowda North by Land of Kalegowda South by Land of Gopamma This property is in the name of Kale Gowda

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All that piece and parcel of Residential house(Single Storey) property bearing Site Kollegal No.5, Assessment Branch / No.1101/A, Old no.1101 08224- situated at Lingapura, 1,70,000.00 252839/Mo 10,13,232.60 + Kollegala, EMD A/c : HL - interests and b 6 Kollegal P Chetan P Chetan costs thereon Chamrajanagar - 571440 17,00,0 00.00 00110200005 283903351500001 :807323466 Measuring East to West - 5555/ IFSC : 2 16.91 Mtrs, North to South IOBA0000011 www.mate : 9.52 Mtrs xauctions. Total Extent of Site : com Boundaries : East - Site No.4, West : Private property, North : Private property

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and South : Road Property owned by P Chetan

All that piece and parcel of Residential Mangalore Tiled House property (Single Storey) bearing J P N Municipal DNo.1047/8, Nagar,Mys New No.1047/8A, ore 0821- F6A,situated at 2nd Main, 1,30,000.00 4,68,648.42 + 2417190/19 J P N S S 5th Cross, EMD A/c : TL - interests and 1/Mob 7 Nagar Sathyanaray Sathyanarayana costs Vidyaranyapuram, Khile 13,00,000.00 00110200005 154103708000014 thereon :948381183 Mysore ana Moorthy Moorthy Mohalla, Mysore City, 5555/ IFSC : 2/ PINCODE:570001. IOBA0000011 www.mate Measuring :East to West : xauctions. 20 feet, North to South : com 15 feet Boundaries : East: Common passage after that property of

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Chikanna, West : Property of Puttalamma, North : Property of Kunaiah , South : Property of N Pushpavathi This property is owned by S Sathyanarayana Moorthy

All that piece and parcel of Residential property (single storey) bearing No.1982/243, Site No:- Najangud 243, Gramapachayat u Namane Number 11B, 0821- Borrowers : M 2,90,000.00 Property 223383/ M Padma & B Padma & B M 32,43,577.58 + EMD A/c : Nanjang HL - interests and no.152200531037022987, Mob : 8 M Shivashankar costs thereon 29,00,000.00 00110200005 ud 254703464000003 4th Block, Ramaswamy 944937097 Shivashankar Guarantor : A R 5555/ IFSC : L/o, Deviramanahalli, 5 Mahadevappa IOBA0000011 Kasaba Hobli, Nanjangud www.mate Town, Nanjangud Taluk, xauctions. Mysore District.PIN:571301 com

Measurements : East to West : 9.144m, North to

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South : 13.716m, Extent of the Site : 125.41Sqmts or 1350 Sqft

Boundaries : East by : Site No.244,West by : Site No.242,North by : 30 feet Road,South by : Site No.278 Property is owned by Mrs M Padma

All that piece and parcel of Site No.7,Janjar No.70,3rd stage Mysore Dattagalli Layout, Bhogadi Chamraja Mohalla, 0821 - 3,71,540.00 Mysore. 2417112 14,40,469.11 + EMD A/c : Mysore C Sandeep LAP - interests & Mob : 9 C Sandeep costs thereon 37,15,400.00 00110200005 Bhogadi 256703453000002 Measurements: 823428202 5555/ IFSC : East to West 50 feet 1 IOBA0000011 North to South 40 feet www.mate Total Extent : 2000 sq ft xauctions. com Boundaries: East by : Remaining

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Property of Rangegowda West by : Halla North by : Road South by : Remaining Property of Rangegowda

This property is in the name of Mr Sandeep C S/o Mr Chandrashekar.

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All that piece and parcel of Residential Property (single storey)bearing nO.466, katha No.614, ARMB situated at Kadakola (Mysore Grama, Jayapura Hobli, Main) Mysore Taluk PINCODE 0821- :570008 3,20,000.00 21,96,551.00 2417178 Measurements: East to EMD A/c : Raghavendra HL - + interests /180 10 ARMB Raghavendra K S West 40 Ft, North to 32,00,000.00 00110200005 K S 006103351400002 and costs Mob : South 34 Ft. Tottal extent 5555/ IFSC : thereon 822063528 of site: 1360 sqft. IOBA0000011 0 Boundaries:East by -Galli www.mate and House of Syed, West xauctions. by -Road, North by - com Road, South by-Galli and House of Siddappa. Owned by Raghavendra K S

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All that piece and parcel of Residential Building consist of Ground Floor, First Floor and Second Floor bearing Site No.26, Sy No.105/5, Municipal No.105/5/26, BBMP Katha ARMB No.40/39/37/39/105/5/26, ( CMC katha No.37, Bannergha Hongasandra Village, tta Rd Begur Hobli, Bangalore branch) South Taluk, Bangalore 4,20,000.00 41,64,346.00 080 - Measurement: EMD A/c : RSUBH - +interests 22950120 / ARMB V S Sudha V S Sudha East to West - 20 SqFt 42,00,000.00 00110200005 11 160503351400010 and costs 121 North to South – 28 SqFt 5555/ IFSC : thereon Mob : Total Extent of the Site – IOBA0000011 822063528 560 SqFt 0 Constructed Area: www.mate GF – 500 SqFt xauctions. FF – 500 SqFt, SF – 500 com SqFt Total Constructed Area – 1500 SqFt Bounded by : East – Property belonging to Ramakrishnappa West – Road

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North – Temple/Mata South – Portion of South Side Site No.26

All that piece and parcel ARMB of Residential House (Banashan Property bearing No.22, kari) Old Khatha No.46/3, 8,60,000.00 / 080 - BBMP Khatha No.61, EMD A/c : 22950128/1 Manjunatha, Manjunatha, RSUBh - 46,09,250.00 12 ARMB Present BBMP 86,00,000.00 00110200005 29 Sathisha Sathisha 129803351200017 + interest No.2683/1199/46/3/22, 5555/ IFSC : Mob : Valagerhalli Dhakla, IOBA0000011 822063528 Dubasipalaya Village, 0/ Kengeri Hobli, Bangalore www.mate – xauctions.

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560 059 com Measurement : Total extent of the site – 1440 SqFt Total Plinth area – 1580 SqFt Bounded by : East – 25 Feet Road, West – IB Layout North – Site No.23, South – Site No.21 This property is in the name of Manjunatha & Satisha

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Rangaramu T Rangaramu Suma 13 ARMB & T N Suma HL - Rs 129803351200022 54,75,682.00 + interests & costs

All that piece and parcel of residential apartment ARMB Flat No.S-3, 2nd floor, VAS (Banashan Residence, Site No.41 & kari II 46, Katha No.84, Sy Stage) No.84/2 Venugoapl 080 - Reddy layout, DVG 22950128/1 Road, Village , 31,50,000.00 3,15,000.00 29 Begur Hobli, Bangalore - Mob : 76 Measurement : 822063528 Super built up area -1068 0/ ; UDS - 270 Sqft www.mate Boundaries : xauctions. East - private property com West - Private property

North - private property South - Purushotham

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reddy's property

ARMB

All that piece and parcel (Banashan

of RESIDENTIAL HOUSES kari)

Proprietor : Mrs (PROPERTY SITE NO. 33 080 - Rs M/s S L N Mangala OLD NO. 49) HOUSE 22950128/1 58,58,781.00 14 Glass & Guarantor : Mr V CC LISTING NO. 675, SURVEY 29 ARMB + interests & Plywoods K 129802000001750 NO. 24/3, 4th Cross,H M Mob : costs 1,08,00,000.00 Ramalingegowda Nayak road, Jayamaruthi 10,80,000.00 822063528

Nagar, Ward No 12, PID - 0 12-125-33, Bangalore - www.mate 560096 TO THE EXTENT OF xauctions. 1200 SQ FT, com BOUNDED ON EAST BY

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PRIVATE PROPERTY SITE NO. 59, WEST BY ROAD, NORTH BY PRIVATE PROPERTY NO. 84 AND SOUTH BY PRIVATE PROPERTY. This property is OWNED BY- SRI VK RAMALINGEGOWDA S/O- KEMPAIAH,

All that piece and parcel of Factory Land and Building at Survey No.172/2 measuring 0- 15 25 guntas situated at S.Bingipura Village, ARMB Jigani Hobli, Anekal (Jigani) Taluk, Bangalore TL - 080 - 62,64,014.0 bounded on : 23060326140000 27826888 0 + interests / M/s Sandhya Proprietor/Mortga 2 / CC 2,34,00,000.00 ARMB and costs East : Ramachandra 23,40,000.00 822063528 Granites gor : P Selvam 23060200000019 thereon Rao’s property 0 1 www.mate West : V Madhusudhan’s xauctions. com property

North : Jayaramappa & Subbappa’s property South : Chikkayellappa’s property

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This property is in the name of P Selvam

All that piece and parcel of Property Sy Nos : 149 A/1, 149/A/2, 149/A/3, 149/A/3 Part & 150/A/1, 150/A/2, 151/A, 152/B Directors : measuring 20.12 1)Ankit Kumar acres situated in Bhuwalka 2) Belagallu Village, Ajay Kumar 266603991200 Ballari Tq, Ballari Dt Bhuwalka 3) 033 Boundaries of Sy M/s Nava Indira Devi 266603991200 No.149/A/2 : ARMB Bhuwalka 4) 034 14,51,42,7 East - Sy No.149/1 Mob : ARMB 1,47,00,000.0 14,70,000. 16 Steels Pvt Ruchika 266603991500 94.00 West : Sy No.148 & 99495634 0 00 Ltd Bhuwalka 006 138 06 Guarantor : 266603991000 North : Sy No 149/1 M/s Mahesh 017 South : Land belongs Sponge Iron to Barikara Yerrappa and Power Boundaries of Sy Limited. No.149/A/1 : East - Sy No 149/A/3 West - Sy No 148 North - Sy No 150/1 South - Sy No 149/A/2 Boundaries of Sy No.149/A/3 : East - Remaning

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Land of K Shivashankarapa in Sy No 148/a/3 Part West - Sy No 149/A/1 and 149/A/2 , Lands of belagallu Village North - Sy No 150 South - Belagallu Boundaries of Sy No 149/A/3 Part : East - Sy No.151 West - Sy No 149/A/3 Part North - Sy No 150 South : Sy No 137 Boundaries of Sy No.150/A/1 , 150/A/2, 151/A, 152/B : East - Land of Sy No.151 West - Remaining Land of Sy No.149/A/3 North - Land of Sy No.150 South - Sy No.137 This property is in the name of M/s Mahesh Sponge Iron and Power Limited.

Date and Time of Auction – 21.10.2019 between 12:00 Noon and 01:00 PM

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Bid Increase Amount – Rs. 10,000/- Auto Extension of – 5 Minutes Known Encumbrance if any – NIL Inspection Date and Time - The property can be inspected on any working day between 10.00 am and 6.00 pm. Please contact the Branche as mentioned above in this regard. Submission of online application for Bid with EMD starts from : 07.10.2019 Last date for submitting bid – 20.10.2019 before 5.00 pm Known Encumbrance if any – NIL For Detailed terms and conditions please visit : www.iob.in [https://www.iob.in/TenderDetails.aspx?Tendertype=E_Auction] www.matexauctions.com https://ibapi.in https://eprocure.gov.in Interest bidders can also visit https://ibapi.in and https://eprocure.gov.in The interested bidders who require assistance in creating Login ID & Password, uploading data, submitting bid, training on e- bidding, process etc., may contact Mr. Roshan, Mob. : 80954 39512

Date : 04.10.2019 Indian Overseas Bank Place : Bangalore

Authorised Officer

Note: This also may be treated as a Notice under Rule 8(6)/ Rule 9(1) of Security Interest (Enforcement) Rules, 2002 to the borrower/s and guarantor/s of the said loan about holding of e-auction on the above mentioned date.

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Details of Mega E-auction 21.10.2019

Date and Time of E – 21.10.2019 between 12:00 Noon and 01:00 PM Auction with auto extension of 5 minutes each till sale is completed Submission of Online application starts from 07.10.2019 onwards

Reserve Price & EMD Pls refer to Mega Sale Notice published in The The New Indian Express & Samyuktha Karnataka on 05.10.2019 (1 % TDS on the highest bid Amount to be paid by the bidder separately) EMD Remittance Deposit through EFT/NEFT/RTGS Transfer in favour of “IOB Bangalore City Branch” to the credit of Account No 001102000055555, Indian Overseas Bank, Bangalore City Branch having Branch code 0011 IFS Code IOBA0000011 Bid Multiplier Rs 10,000/- Known Encumbrance if NIL any

Terms and Conditions

1) The property will be sold by e-auction through the Bank’s approved service providers as published in paper under the supervision of the Authorised Officer of the Bank.

2) E-Auction bid document containing online E-Auction bid form, declaration, general terms and conditions of online auction sale are available in our service provider’s website.

3) Intending bidders shall hold a valid digital signature certificate and email address and should register their name/account by login to the website of the aforesaid service provider. They will be provided with user id and password by the aforesaid service provider which should be used in the E- Auction proceedings. For details with regard to the digital signature, please contact the service provider as mentioned in the paper.

4) Bids in the prescribed formats shall be submitted “online” through the portal of our respective service providers along with the EMD and scanned copy of KYC documents including photo, PAN card & address proof to the service provider and the Authorised Officer before 5.00 PM on 20.10.2019

5) The EMD and other deposits shall be remitted through EFT/NEFT/RTGS transfer to the Bank account as specified in the paper publication and the amount of EMD paid by the interested bidders shall carry no interest. The amount of EMD paid by the successful bidder shall be adjusted towards the sale price.

6) Bids without EMD shall be rejected summarily.

7) Online auction sale will start automatically on and at the time as mentioned above. Auction / bidding will initially be for a period of 10 minutes with auto extension time of 5 minutes each till the sale is concluded.

8) The property shall be sold to the successful bidder. The successful bidder (purchaser) as declared by the Authorised Officer shall deposit 25% of the sale price (inclusive of the EMD) immediately on the same day and not later than the next working day. The balance amount of sale price shall be paid within 15 days from the date of confirmation of auction sale. Failure to remit the entire amount of sale price within the stipulated period will result in forfeiture of deposit of 25% of the bid price to the secured creditor and forfeiture of all claims over the property by the purchaser and the property will be resold.

9) The sale certificate will be issued in the name of the purchaser only, after payment of the entire sale price amount and other taxes/charges, if any.

10) The purchaser shall bear the charges/fee payable for conveyance such as registration fee, stamp duty, etc., as applicable as per law.

11) The Authorised Officer has the absolute right to accept or reject any bid or postpone or cancel the sale, as the case may be without assigning any reason whatsoever.

12) The property is being sold on “as is where is”, “as is what is” and “whatever there is” basis. The Bank has disclosed only the known encumbrances, statutory liabilities. If any, as above and it is for the purchaser to make their own independent enquiries at their own costs before participating in the auction.

13) As regards the statutory dues stated above, Bank dues will have priority over statutory dues. Without prejudice to the above, Statutory liability, if any, shall be borne by the purchaser and the Bank assumes no responsibility in this regard.

14) Sale is subject to confirmation by the secured creditor.

15) EMD of unsuccessful bidders will be returned through EFT/ NEFT/ RTGS transfer to the Bank account details provided by them in the bid form and intimated via their e-mail id.

16) The E-Auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation by the Bank. The Authorised Officer/ Secured Creditor shall not be responsible in any way for any third party claims/ rights/ dues.

17) * In compliance with Section 194 IA of the Income Tax Act, 1961 income tax @1% on the Reserve Price shall be deducted and paid under the PAN Number of the Purchaser. Hence, the Successful bidder has to pay 1% of Income Tax on the bid amount separately.

**In case of any sale / transfer of immovable property of Rupees Fifty Lacs and above, the transferee has to pay an amount equal to 1% of the consideration as Income Tax.

For further details regarding inspection of property / e-auction, the intending bidders may contact the respective Branch Managers & Service providers as published in the paper.

Sd/-

FOR INDIAN OVERSEAS BANK AUTHORISED OFFICER