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(Rupees Eighteen Lakhs Forty Seven Thousand Nine Hundred And Lea Mylapore Branch, No.86, P S Sivasamy Salai, Mylapore, Chennai-600004, Tamilnadu Tel: +91 44 23460761/762, Email: [email protected] Ref:665-8421 Date: 18th November 2019 Regd A/D Mr. A Nazeer Ahamed No 3/530, 4th Cross Street, Lakshmi Perumal Nagar, Kottivakkam Chennai 600041 APPENDIX-IV-A [See proviso to Rule 8(6)] SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES 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 and Guarantor that the below described immovable property mortgaged/charged to the Secured Creditor, the physical possession of which has been taken by the Authorised Officer of Union Bank of India, Mylapore Branch, Chennai, the Secured Creditor, will be sold on “As is where is”, “As is what is”, and “Whatever there is” basis on 10.12.2019(Tuesday) between 11:00 AM To 1:00 PM, for recovery of Rs.18,47,907.80 (Rupees Eighteen Lakhs Forty Seven Thousand Nine Hundred And Seven And Eighty Paise Only) as on 30.06.2014 plus future interest and legal expenses and other charges and costs till full realization of debts due to Union Bank of India, Mylapore Branch, Chennai, the Secured Creditor from the borrowers Mr.A Nazeer Ahamed residing at No 3/530, 4th Cross Street, Lakshmi Perumal Nagar, Kottivakkam, Chennai-600041. The Reserve Price will be Rs.6,30,000/- (Rupees Six Lakhs and Thirty Thousand only)and the Earnest Money Deposit will be Rs.63,000 (Rupees Sixty Three Thousand Only). Interested Bidders shall remit the refundable EMD of 10% of reserve price by way of RTGS/NEFT/Funds Transfer to the credit of A/c No. 395701980050000, Union Bank of India, Mylapore Branch through IFSC Code UBIN0539571 or by DD/Pay order favouring Union Bank of India, Mylapore Branch payable at Chennai, on or before 09.12.2019 (Monday) by 3 pm. :2: (DESCRIPTION OF PROPERTY WITH KNOWN ENCURMBRANCES, IF ANY) Land with unfinished residential building bearing plot No 84, measuring to an extent of 2400 sq.ft out of Schedule-A property in kadalur Panchayat Approved layout in the name of „Blue coast Avenue‟ vide planning permit No.M.M.Na.Ka 004 dated 07.07.2011 comprised in Survey No 414/2, No 414, No 105, Kadalur (Alikuppam) village, Kadalur Panchayat, Ilathoor panchayat union, Cheiyyur Taluk, Kancheepuram District, and bounded on the: North by: Plot No. 77 South by: 24 Feet Road East by: Plot no 85 West by: 30 feet Road Encumbrances known to the Secured Creditor : Nil For detailed terms and conditions of the sale, please refer to the link provided in Union Bank of India website ie: www.unionbankofindia.co.in, www.bankeauctions.com of Service Provider M/s.C1 India Pvt Ltd Plot No. 301, Gulf Petrochemical Building,1st floor, Udyogvihar Phase -2 Gurgaon, Haryana- 122015 India, Phone No.0124- 4302000/4302010 and having Chennai number as 9840446485 and Email ID [email protected] or shrinatth.narasimhan@ c1india. com or may contact Chief Manager & Authorised Officer in this account Mr. C V Sudheer, Union Bank of India Mount Road Branch contact number 9543239880/044-23460761-762 . For ascertaining the details of auction and inspection of property: Contact Nos. 9003286071/044-23460761-762,E-mailID:- [email protected] or [email protected] AUTHORISED OFFICER FOR UNION BANK OF INDIA MYLAPORE BRANCH Date: 18.11.2019 Place: Mylapore Statutory 15 Days Sale Notice under Rule 8(6) Read with Rule 9(1) of Statutory Interest (Enforcement) Rules 2002 This may also be treated as notice u/r 8(6) read with Rule 9(1)of Security Interest (Enforcement) Rules, 2002 to the borrower/s and guarantor/s of the said loan about the holding of E-Auction Sale on the above mentioned date. TERMS & CONDITIONS OF ONLINE E- AUCTION SALE 1. Description of the immovable Land with unfinished residential building bearing plot No property to be auctioned 84, measuring to an extent of 2400 sq.ft out of Schedule- A property in kadalur Panchayat Approved layout in the name of „Blue coast Avenue‟ vide planning permit No.M.M.Na.Ka 004 dated 07.07.2011 comprised in Survey No 414/2, No 414, No 105, Kadalur (Alikuppam) village, Kadalur Panchayat, Ilathoor panchayat union, Cheiyyur Taluk, Kancheepuram District, and bounded on the: North by: Plot No. 77 South by: 24 Feet Road East by: Plot no 85 West by: 30 feet Road 2. Name of Borrower / Mortgagor 1. Mr. A Nazeer Ahamed, Borrower 3 Debt Due with Interest and Rs.18,47,907.80 as on 30.06.2014 as per Demand Notice cost dated 14.07.14 payable with further interest from 01.07.14 till the date of payment/realizations with cost & expenses. The present outstanding as on 31.10.2019 is Rs.27,62,712.30 excluding legal expenses and other costs 4 Date and time of Auction 10.12.2019 (Tuesday) between 11:00 AM To 1:00 PM with unlimited extension of “5”minutes each i.e. the end time of e- auction will be extended by 5 Minutes each time if bid is made within the last 5 minutes before closure of auction. 5 Reserve Price Rs.6,30,000/- (Rupees Six Lakhs Thirty Thousands only) 6 Earnest Money Deposit (EMD) Rs.63,000/- (Rupees Sixty Three Thousands Only) 7 Last date of submission of bids On or before 09.12.2019 (Monday) 3:00 pm 8 Bid Increment Amount by Rs. 10,000/- (Rupees Ten Thousands Only) 9. Date & Time of inspection of 05.12.2019 (Thursday) between 3:00PM to 5:00 PM property for intending purchasers 10 Details of encumbrances over Nil the property, as known to the Bank 11. The Property is being sold on “AS IS WHERE IS”, “AS IS WHAT IS”, “WHATEVER THERE IS” basis. As such, sale is without any kind of warranties & indemnities. 12. Particulars of the property/asset (viz. extent & measurements specified in the E- Auction Sale Notice) have been stated to the best of information of the Authorised Officer and Authorised Officer shall not be answerable for any error, misstatement or omission. Actual extent & dimensions may differ. 13. E-Auction Sale Notice issued by the Bank is an invitation to the general public to submit their bids and the same does not constitute and will not be deemed to constitute any commitment or any representation on the part of the Bank. Interested bidders are advised to peruse the copies of title deeds with the Bank and to conduct own independent enquiries/due diligence about the title & present condition of the property/ assets and claims/ dues affecting the property before submission of bid/s. 14. Auction/ bidding shall only be through “online electronic mode” through the website www.bankauctions.in by the service provider M/s.C1 India Pvt Ltd who shall arrange and coordinate the entire process of auction through the e-auction platform. 15. The bidders may participate in e-auction for bidding from their place of choice. Internet connectivity shall have to be ensured by bidder himself. Banks/service provider shall not be held responsible for the internet connectivity, network problems, system crash, power failure etc. 16. For details, help, procedure and online bidding on e-auction prospective bidders may contact the Service Provider M/s.C1 India Pvt Ltd Plot No. 301, Gulf Petrochemical Building,1st floor, Udyog Vihar Phase -2 Gurgaon, Haryana-122015 India, Phone No.0124-4302000/4302010 and having Chennai number as 9840446485 and Email ID as shrinatth.narasimhaan@ c1india. com 17. For participating in the e-auction sale, the intending bidders (having valid address and identity proof and PAN Card) after submitting the Earnest Money Deposit, should register their details with the service provider M/s.C1 India Pvt Ltd well in advance and shall get the user id and password. Intending bidders are advised to change only the password immediately upon receiving it from the service provider. 18. For participating in e-auction, intending bidders have to deposit a refundable EMD of 10% of reserve price by way of RTGS/NEFT/Funds Transfer to the credit of A/c No. 395701980050000, UNION BANK OF INDIA, MYLAPORE BRANCH through IFSC Code: UBIN0539571 or by DD/Pay order favouring Union Bank of India, Mylapore Branch payable at Chennai, Tamilnadu . 19. The intending bidders should submit the duly filled in Bid Form (format available in the above website) along with the DD/PO/ quoting the UTR No. of NEFT/RTGS remittance towards EMD in a sealed cover addressed to the AUTHORIZED OFFICER, UNION BANK OF INDIA, MYLAPORE BRANCH latest by 03.00 PM on 09.12.2019 (Monday).The sealed cover should be super scribed with “Bid For Participating in E-Auction Sale- In The A/c of Mr.A Nazeer Ahamed”. 20. After expiry of the last date of submission of bids with EMD, Authorised Officer shall examine the bids received by him and confirm the details of the qualified bidders (who have quoted their bids over and above the reserve price and paid the specified EMD with the Bank) to the service providerM/s.C1 India Pvt Ltd to enable them to allow only those bidders to participate in the online inter se bidding /auction proceedings on the date and time mentioned in E-Auction Sale Notice. 21. After expiry of the last date of submission of bids with EMD, Authorised Officer shall examine the bids received by him and confirm the details of the qualified bidders (who have quoted their bids over and above the reserve price and paid the specified EMD with the Bank) to the service providerM/s.C1 India Pvt Ltd to enable them to allow only those bidders to participate in the online inter se bidding /auction proceedings on the date and time mentioned in E-Auction Sale Notice.
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