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Retail Asset Central Processing Centre (RACPC

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Retail Asset Central Processing Centre (RACPC Retail Asset Central Processing Centre (RACPC - Chennai) 16, Whannels Road Egmore, Chennai 600 008 PHONE: 28191094, 28191089, 28191087 FAX NO: 28191086, 28191090 Email: [email protected] By Regd. Post with A/D Date: 23.07.2019 To: Shri. Prakash S, Shri. Prakash S, S/o. Shri.M.Shanmugam, S/o. Shri.M.Shanmugam, No:4/60 G.K.M Colony 4th Street,Jawahar Computer Sciences Corporation India Pvt Ltd, Nagar,Peravallur, No:7th Floor, Block 1B,DLF IT Park,Sivaji Chennai-600082. Garden,Nandambakkam,Ramapuram, Chennai-600089. Shri. Prakash S, S/o. Shri.M.Shanmugam, Plot No:2 Flat No G1 Ground Floor, Formly Known As Reddy 3rd Cross Street, Annanagar 1st Street,,Near Tambaram,Over Bridge, Madhavaram, Chennai-600060. SALE NOTICE Dear Sir/ Madam, Sub: Notice for Sale under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 & Security Interest (Enforcement) Rules, 2002. HTL A/C NO: 37191855103 Whereas, the Authorised officer had taken possession of the below mentioned properties on 07.09.2018, as per Sec 13 (4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of security Interest Act, 2002 (hereinafter called the Act) which has been offered as security by you towards your/borrower’s liabilities amounting to Rs.39,31,644/- (Rupees Thirty Nine Lakhs Thirty One Thousand Six Hundred and Forty Four Only) as on 06.09.2018 and further interest from 07.09.2018 together with incidental expenses, cost, charges, etc. Whereas you have failed to satisfy your/borrower’s liabilities to the bank even after receipt of notice under Section 13 (2) and section 13 (4) of the Act. Therefore the Bank in exercise of its rights granted under the Act and Rules, issues this notice under Rule 8 (6) (immovable) of the Security Interest (Enforcement) Rules, 2002, calling upon you to discharge in full liabilities amounting to Rs.44,11,335/- (Rupees Forty Four Lakh Eleven Thousand Three Hundred and Thirty Five Only)as on 21.07.2019 and further interest from 22.07.2018 together with incidental expenses, cost, charges, etc within 30 days from the date of this notice, failing which, the bank shall proceed under the Act with the sale of the secured properties to realize the above stated out standings, with interest and costs. SCHEDULE OF IMMOVABLE PROPERTIES All that piece and parcel of property being vacant land of an extent of 2190 sq.ft. comprised Survey No.611/1B1A, as per patta No.TK8A/1663/1420 dated 09.12.2012 Town Survey No.17/4, ward – C, Block No.3, situate in madhavaram village, bearing Plot No.2 in “Anna Nagar First Street”, Mettupalayam, formerly Reddy III Cross Street, Madhavaram taluk,Thiruvallur District,Within the limits of Chennai Corporation Admeasuring: East to West on the Northern side : 87 Feet East to West on the southern side : 97 Feet 6 Inches North to south on the Eastern side : 24 Feet North to south on the western side : 24 Feet And the same bounded on the: North By : Plot No.1 South By : Plot No.3 East By : Survey No.611/1B1B West By : Survey No.611/1A1 Situate within the Sub Registration District of Madhavaram and Registration District of Chennai North. SCHEDULE ‘B’ 438 Sq.ft., Undivided Share (out of 2190 Sq.ft) in all that piece and parcel of land described in the Schedule “A” herein above. SCHEDULE ‘C’ Flat bearing No.GF-1, in the ground floor of the building measuring 922 Sq.feet (Inclusive of Common area) known as “VETHATHIRI FLATS”. DETAILS OF SALE Date & time of E-auction 17.08.2019 ,Saturday, between 12.00 p.m. to 01.00 p.m. * *with auto time extension of five minutes each till sale is completed. Reserve Price Rs.33,65,000/- (Rupees Thirty Three Lakhs Sixty Five Thousand only) Earnest Money Deposit Rs.3,36,500/- (Rupees Three lakhs Thirty Six Thousand Five Hundred only) (EMD) Deposit though Demand Draft in favour of “SBI RACPC Egmore” to payable at EMD Remittance Chennai Bid Multiplier (for all Rs.10,000/- (Rupees ten thousand only) properties) Inspection of properties 13.08.2019 from 11.00 a.m. to 4.00 p.m. Submission of online bid 14.08.2019 from 11.00 a.m. onwards application with EMD Last date of submission of 16.08.2019 up to 4.00 p.m. online bid application with EMD Yours faithfully, Authorised Officer State Bank of India RACPC, Egmore Retail Asset Central Processing Centre (RACPC - Chennai) 16, Whannels Road Egmore, Chennai 600 008 PHONE: 28191094, 28191089, 28191087 FAX NO: 28191086, 28191090 Email: [email protected] E-AUCTION SALE NOTICE SALE OF IMMOVABLE ASSETS CHARGED TO THE BANK UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002. The undersigned as Authorized Officer of State Bank of India has taken over possession of the following properties u/s 13(4) of the SARFAESI Act. Public at large is informed that e-auction (under SARFAESI Act, 2002) of the charged properties in the below mentioned cases for realisation of Bank’s dues will be held on “AS IS WHERE IS BASIS and AS IS WHAT IS CONDITION” and on the terms and conditions specified hereunder. Name of Borrower Name of Outstanding Dues for Guarantors Recovery of which Properties are Being Sold Shri. Prakash S, Rs.44,11,335/- S/o. Shri.M.Shanmugam, as on 21.07.2018+ Interest No:4/60 G.K.M Colony 4th Street,Jawahar thereon with effects from Nagar,Peravallur, 22.07.2018 + Expenses & Costs. Chennai-600082. Shri. Prakash S, S/o. Shri.M.Shanmugam, Computer Sciences Corporation India Pvt Ltd, No:7th Floor, Block 1B,DLF IT Park,Sivaji Garden,Nandambakkam,Ramapuram, Chennai-600089. Demand Notice u/s 13(2) Shri. Prakash S, Date: 23.05.2018 S/o. Shri.M.Shanmugam, Possession Notice U/S 13(4) Plot No:2 Flat No G1 Ground Floor, dated 07.09.2019 Annanagar 1st Street Formly Known As Reddy 3rd Cross Street,Near Tambaram,Over Bridge, Chennai-600060. SCHEDULE OF IMMOVABLE PROPERTIES All that piece and parcel of property being vacant land of an extent of 2190 sq.ft. comprised Survey No.611/1B1A, as per patta No.TK8A/1663/1420 dated 09.12.2012 Town Survey No.17/4, ward – C, Block No.3, situate in madhavaram village, bearing Plot No.2 in “Anna Nagar First Street”, Mettupalayam, formerly Reddy III Cross Street, Madhavaram taluk,Thiruvallur District,Within the limits of Chennai Corporation Admeasuring: East to West on the Northern side : 87 Feet East to West on the southern side : 97 Feet 6 Inches North to south on the Eastern side : 24 Feet North to south on the western side : 24 Feet And the same bounded on the: North By : Plot No.1 South By : Plot No.3 East By : Survey No.611/1B1B West By : Survey No.611/1A1 Situate within the Sub Registration District of Madhavaram and Registration District of Chennai North. SCHEDULE ‘B’ 438 Sq.ft., Undivided Share (out of 2190 Sq.ft) in all that piece and parcel of land described in the Schedule “A” herein above. SCHEDULE ‘C’ Flat bearing No.GF-1, in the ground floor of the building measuring 922 Sq.feet (Inclusive of Common area) known as “VETHATHIRI FLATS”. DETAILS OF SALE Date & time of E-auction 17.08.2019 ,Saturday, between 12.00 p.m. to 01.00 p.m. * *with auto time extension of five minutes each till sale is completed. Reserve Price Rs.33,65,000/- (Rupees Thirty Three Lakhs Sixty Five Thousand only) Earnest Money Deposit Rs.3,36,500/- (Rupees Thirty Three Lakhs Sixty Five Thousand only) (EMD) Deposit though Demand Draft in favour of “SBI RACPC Egmore” to payable at EMD Remittance Chennai Bid Multiplier (for all Rs.10,000/- (Rupees ten thousand only) properties) Inspection of properties 13.08.2019 from 11.00 a.m. to 4.00 p.m. Submission of online bid 14.08.2019 from 11.00 a.m. onwards application with EMD Last date of submission of 16.08.2019 up to 4.00 p.m. online bid application with EMD Terms and Conditions of the E-auction are as under: 1.E-Auction is being held on “AS IS WHERE IS” and “AS IS WHAT IS BASIS” and will be conducted “On Line”. The auction will be conducted through the Bank’s approved service provider M/s.e- Procurement Technologies Ltd (ETL) at the web portal https.//sbi.auctiontiger.net. E-Auction Tender Document containing online e-auction bid form, Declaration, General Terms and Conditions of online auction sale are available in websites www.sbi.co.in , https://sbi.auctiontiger.net & http://tenders.gov.in. 2. To the best of knowledge and information of the Authorized Officer, there is no encumbrance on the properties. However, the intending bidders should make their own independent inquiries regarding the encumbrances, title of properties put on auction and claims/ rights/ dues/ affecting the property, prior to submitting their bid. The e-auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation of the bank. The property is being sold with all the existing and future encumbrances whether known or unknown to the bank. The Authorized Officer/ Secured Creditor shall not be responsible in any way for any third party claims/ rights/ dues. 3. The intending purchasers / bidders are required to deposit EMD amount either through demand draft drawn in favour of State Bank of India RACPC Egmore, Chennai drawn on any Nationalized or Scheduled Bank.
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