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08819-237237 Email Id: Iob2311@Iob.In Veerabhadrapuram Branch, Velpuru Road, Veerabhadrapuram, Tanuku Mandal, West Godavari District. Ph: 08819-237237 Email id: [email protected] Date: 30.09.2020 INTENDING SALE NOTICE OF IMMOVABLE SECURED ASSETS (Issued under Rule 8(6) of the Security Interest (Enforcement) Rules 2002) To 1. M/s. Sri Aditya Poultry Farms (Partnership Firm) Venkata Krishnapuram Village, Dwaraka Tirumala Mandal, West Godavari Dist. A.P ……..Borrower 2. Smt. Mullapudi Lakshmi Kumari W/o M Satyanarayana D.No.3-3-7, Ramannagudem Village, Dwaraka Tirumala Mandal, West Godavari Dist. ...Managing Partner/Mortgagor / Guarantor 3. Sri. Miriyala Radha Krishna, S/o M Satyanarayana D.No. 9-1, Main Road, Polasanipalli Village, Bhimadolu Mandal, West Godavari Dist. ……..Partner / Guarantor 4. Sri. Miriyala Satyanarayana S/o Tataiah D.No. 9-1, Main Road, Polasanipalli Village, Bhimadolu Mandal, West Godavari Dist. ……..Mortgagor / Guarantor 5. Smt. Miriyala Sakuntala Devi W/o Satyanarayana, D.No. 9-1, Main Road, Polasanipalli Village, Bhimadolu Mandal, West Godavari Dist. ……..Mortgagor / Guarantor 6. Sri. Mullapudi Satyanarayana S/o Simhachalam, D.No.3-3-7, Ramannagudem Village, Dwaraka Tirumala Mandal, West Godavari Dist. ………Guarantor Sir/Madam 1. This has reference to recovery actions initiated against you under the provisions of the SARFAESI Act 2002. 2. Please refer to the possession notice dated 12.07.2017 issued to you regarding taking possession of the secured assets at more fully described in the schedule below and the publication of the said possession notice in Prajasakti (Telugu daily) and Indian Express (English Daily) on 16.07.2017 by the undersigned for the purpose of realization of the secured assets in exercise of the powers conferred on the bank as Secured Creditor under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act,2002 and the rules there under. 3. You the above named borrowers / mortgagors / guarantors have failed to pay the dues in full save and except payments amounting to Rs.3,67,37,235/- (Rupees Three Crore Sixty Seven Lakhs Thirty Seven Thousand Two Hundred And Thirty Five Only) after issuance of demand notice dated 12.04.2017 Hence it is proposed to sell the secured assets mentioned in the Schedule below on “as is where is” and “as it is what is” condition under Sec 13(4) of the Act read with Rules 8 & 9 of the Security Interest (Enforcement) Rules, 2002. 4. After appropriating the aforesaid repayments if any, the dues in the loan accounts as on 30.09.2020 are Rs.5,16,77,397/- (Rupees Five Crore Sixteen Lakhs Seventy Seven Thousand Three Hundred and Ninety Seven Only) along with further interest at contractual rates and rests, besides costs + actual expenses made for property maintenance if any. 5. We hereby give you notice of 15 days that the below mentioned secured asset shall be sold by the undersigned on 21.10.2020 between 11.00 A.M to 12.00 Noon, with auto extension of 10 minutes through E – auction using https://www.mstcecommerce.com/auctionhome/ibapi. Description of the Immovable Property: Property -1 (Property owned by Smt. Mullapudi Lakshmi Kumari W/o Satyanarayana) (Property covered by Document No. 1775/1991 dated 21.05.1991 with SRO Bhimadole) All the piece and parcel of the property in an extent of Ac.2.00 Cts (9680 Sq.Yards) of Dry land (Converted as Non-Agricultural land) along with the poultry complex in R.S No 286 situated at Venkata Krishnapuram Village, Dwarakatirumala Mandal under Bhimadole SRO limits Bounded by: On the East: Land of B.Venkata Ramayya On the South: Land of T.China Ramadasu On the West: Land of B.manikyala Rao On the North: Remaining property of T.Sitaramaiah Property -2 (Property owned by Sri. Miriyala Sakuntala Devi(Guarantor) W/o Satyanarayana) (Property covered by Document No.1954/2007 Dated 30.04.2007 with SRO Bhimadole All the piece and parcel of property in an extent of Residential site of 400.00 Sq. yards along with RCC Building Bearing D.No.9-1, situated at Dwarakatirumala Road, Polasanipalli Village, Bhimadole Mandal under Bhimadole SRO limits and Bounded by: East : Site of M Narayanamma South: Site of T Vara Prasad West: Bhimadole – Dwarakatirumala Road North: Panchayat Street Place: Veerabhadrapuram Authorized Officer Date: 30.09.2020 Indian Overseas Bank Veerabhadrapuram Branch, Velpuru Road, Veerabhadrapuram, Tanuku Mandal, West Godavari District. Ph: 08819-237237 Email id: [email protected] Date: 30.09.2020 E-AUCTION SALE NOTICE (Under Proviso to Rule 9(1) of Security Interest (Enforcement) Rules) E-Auction Sale Notice of Immovable Assets under the Securitization And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002, Read With Provision to Rule 8(6) and 9(1) Of The Security Interest (Enforcement) Rules Act, 2002. Notice is hereby given to the public in general and in particular to the Borrower and Guarantor(s) that the below described immovable property mortgaged / charged to the secured creditor, the symbolic possession of which has been taken by the Authorized Officer of Indian Overseas Bank as Secured Creditor, will be sold ‘’ As is Where is’’, ‘’ As is what is’’ and ‘’Whatever there is’’ condition on 28.02.2020 for recovery of Rs.5,16,77,397/- (Rupees Five Crore Sixteen Lakhs Seventy Seven Thousand Three Hundred and Ninety Seven Only) as on 30.09.2020 with further interest and costs due to the IOB as Secured creditor from M/s. Sri Aditya Poultry Farms (Partnership Firm), Venkata Krishnapuram Village, Dwaraka Tirumala Mandal, West Godavari Dist. A.P Represented by 1. Smt. Mullapudi Lakshmi Kumari W/o M Satyanarayana, D.No.3-3-7, Ramannagudem Village, Dwaraka Tirumala Mandal, West Godavari Dist (Managing Partner/Mortgagor/Guarantor), 2. Sri Miriyala Radha Krishna S/o M Satyanarayana, D.No. 9-1, Main Road, Polasanipalli Village, Bhimadolu Mandal, West Godavari Dist. (Partner/Guarantor), 3. Sri. Miriyala Satyanarayana S/o Tataiah, D. No. 9-1, Main Road, Polasanipalli Village, Bhimadolu Mandal, West Godavari Dist. (Mortgagor/Guarantor), 4. Smt. Miriyala Sakuntala Devi w/o Satyanarayana, D.No. 9-1, Main Road, Polasanipalli Village, Bhimadolu Mandal, West Godavari Dist. (Mortgagor/Guarantor), 5. Sri. Mullapudi Satyanarayana s/o Simhachalam, D.No.3-3-7, Ramannagudem Village, Dwaraka Tirumala Mandal, West Godavari Dist. (Guarantor). The Reserve price will be: For Property 1: Rs.2,11, 06,000/-(Rupees Two Crore Eleven Lakhs and Six Thousand Only) For Property 2: Rs.32,00,000/-(Rupees Thirty Two Lakhs Only) Earnest Money Deposit will be: For Property 1: Rs.21,10,600/-(Rupees Twenty One Lakhs Ten Thousand and Six Hundred Only) For Property 2: Rs.3,20,000/-(Rupees Three lakhs Twenty Thousand Only) Description of the Immovable Property: Property -1 (Property owned by Smt. Mullapudi Lakshmi Kumari W/o Satyanarayana) (Property covered by Document No. 1775/1991 dated 21.05.1991 with SRO Bhimadole) All the piece and parcel of the property in an extent of Ac.2.00 Cts (9680 Sq.Yards) of Dry land (Converted as Non-Agricultural land) along with the poultry complex in R.S No 286 situated at Venkata Krishnapuram Village, Dwarakatirumala Mandal under Bhimadole SRO limits Bounded by: On the East: Land of B.Venkata Ramayya On the South: Land of T.China Ramadasu On the West: Land of B.manikyala Rao On the North: Remaining property of T.Sitaramaiah Property -2 (Property owned by Sri. Miriyala Sakuntala Devi(Guarantor) W/o Satyanarayana) (Property covered by Document No.1954/2007 Dated 30.04.2007 with SRO Bhimadole All the piece and parcel of property in an extent of Residential site of 400.00 Sq. yards along with RCC Building Bearing D.No.9-1, situated at Dwarakatirumala Road, Polasanipalli Village, Bhimadole Mandal under Bhimadole SRO limits and Bounded by: East : Site of M Narayanamma South: Site of T Vara Prasad West: Bhimadole – Dwarakatirumala Road North: Panchayat Street Place: Veerabhadrapuram Authorized Officer Date: 30.09.2020 Indian Overseas Bank Veerabhadrapuram Branch, Velpuru Road, Veerabhadrapuram, Tanuku Mandal, West Godavari District. Ph: 08819-237237 Email id: [email protected] दिन 車क Date: 30.09.2020 ANNEXURE II E-AUCTION SALE NOTICE SALE OF IMMOVABLE PROPERTY MORTGAGED TO THE BANK UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 Whereas M/s. Sri Aditya Poultry Farms (Partnership Firm), Venkata Krishnapuram Village, Dwaraka Tirumala Mandal, West Godavari Dist. A.P, Represented by 1. Smt. Mullapudi Lakshmi Kumari W/o M Satyanarayana, D.No.3-3-7, Ramannagudem Village, Dwaraka Tirumala Mandal, West Godavari Dist (Managing Partner/Mortgagor/Guarantor), 2. Sri Miriyala Radha Krishna S/o M Satyanarayana, D.No. 9-1, Main Road, Polasanipalli Village, Bhimadolu Mandal, West Godavari Dist. (Partner/Guarantor), 3. Sri. Miriyala Satyanarayana S/o Tataiah, D. No. 9-1, Main Road, Polasanipalli Village, Bhimadolu Mandal, West Godavari Dist. (Mortgagor/Guarantor), 4. Smt. Miriyala Sakuntala Devi w/o Satyanarayana, D.No. 9-1, Main Road, Polasanipalli Village, Bhimadolu Mandal, West Godavari Dist. (Mortgagor/Guarantor), 5. Sri. Mullapudi Satyanarayana s/o Simhachalam, D.No.3-3-7, Ramannagudem Village, Dwaraka Tirumala Mandal, West Godavari Dist. (Guarantor) have borrowed monies from Indian overseas Bank against the mortgage of the immovable properties more fully described in the schedule here under and the Bank has issued a demand notice under section 13(2) of the SARFAESI Act,2002 on 12.04.2017 calling upon the borrower & guarantors M/s. Sri Aditya Poultry Farms (Partnership Firm), Venkata Krishnapuram Village, Dwaraka Tirumala Mandal, West Godavari Dist. A.P, Represented by 1. Smt. Mullapudi Lakshmi Kumari W/o M Satyanarayana, D.No.3-3-7, Ramannagudem Village, Dwaraka Tirumala Mandal, West Godavari Dist (Managing Partner/Mortgagor/Guarantor), 2.
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