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1 | P a G E No:116,1St Floor, D-16,K G Signature City, Nolambur, Chennai

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1 | P a G E No:116,1St Floor, D-16,K G Signature City, Nolambur, Chennai ALANDUR BRANCH 48-A,Vellalar Street,Adambakkam, Alandur, Medavakkam Rd., Chennai – 600 088 Ph: 044 – 23460855 e-mail ID: [email protected] 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 Securitization 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), Mortgagor(s) and Guarantor (s) that the physical possession of the below described immovable properties mortgaged/charged to the secured creditor-Union Bank of India Alandur Branch has been taken by the Authorized Officer of Union Bank of India Ashok Nagar Branch, and they will be sold on “ As is where is”, “as is what is”, and “whatever there is” basis through “Online E- Auction on the website www.bankauctions.in”on 29.08.2019, the brief details of which are as under: DATE OF AUCTION 29.08.2019 (Thursday) Time between 11.00 AM To 1.00 PM with unlimited extension of “5” minutes 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. for the recovery of Rs.20,35,694.00/-( Rupees Twenty lakhs Thirty five thousand six hundred ninety four only) from 31.03.2017 and legal expenses and other charges and costs till full realization of debts due to Union Bank of India Ashok Nagar Branch from borrower(s)/ mortgagors/guarantor(s) viz: 1. Name of borrowers, guarantors &mortgagors with their addresses Mrs Surya V Mr P V Venkateswaran No:116,1st Floor, No:116,1st Floor, D-16,K G Signature City, D-16,K G Signature City, Nolambur, Chennai-600095 Nolambur, Chennai-600095 Details of the Reserve price, Earnest Money Deposit and Bid increment are detailed as under: Reserve Price Rs.9,08,000/-(Rupees Nine lakhs eight thousands only) Earnest Money Rs.90,800/-(Rupees Ninety thousands eight hundred only) Deposit (EMD) Bid increment Rs.20,000/-(Rupees Twenty thousand only) 1 | Page The refundable EMD of 10% of reserve price by way of RTGS/NEFT/Funds Transfer to the credit of A/c.No.593301980050000, Union Bank of India, Alandur Branch through IFSC Code UBIN0533262 or by DD/Pay order favouring Union Bank of India, Alandur Branch payable at Chennai, on or before 26.08.2019 5 pm. SCHEDULE OF PROPERTY ( FOR SALE) All that piece and parcel of vacant land being plot no:6, northern part, LIC Nagar Extension, measuring an extent of 2128 SFT out of 4246 SFT comprised in survey no: 42/2C,as per patta no:11010,the survey no.42/25,new patta no:14841,as per new patta present survey no:42/25A of Pallikarnai village, Sholinganallur Taluk, Kancheepuram district now Chennai corporation limits. 70 SFT undivided share of land and Flat no: V4A in building now named as “Sai Luxzy Apartments” in the first floor of an extent of 290 SFT on the schedule of the property. Bounded by North-Plot No:5(S No:42/2C1A3),South-Plot no:6 (southern portion), East-20 feet layout Road and land in survey:42/2B Encumbrance known to secured creditor: NIL (however indenting bidders are advised to verify the EC and satisfy themselves before submitting bid) The intending bidders should make their own independent inquiries with the tax and revenue authorities regarding actual extent, encumbrances etc.from the concerned departments, title of property/ies put on auction and claims/rights/ dues/ affecting the property, prior to submitting their bid. For detailed terms and conditions of the sale, please refer to the link provided in Union Bank of India websiteie: 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.narasimhaan@ c1india. com or may contact Chief Manager &Authorised Officer in this account Mr.Muralidhar, Union Bank of India Velacherry Branch contact number - +91- 7989228179 . For ascertaining the details of auction and inspection of property: Contact Nos. : 044 – 23460855 e-mail ID: [email protected] Date: 08.08.2019 Place: Chennai Chief Manager&Authorised Officer 2 | Page STATUTORY 30/15 DAYS SALE NOTICE UNDER RULE 8(6) / RULE 9 (1) OF STATUTORY INTEREST (ENFORCEMENT) RULES 2002 This may also be treated as notice u/r 8 (6)/ Rule 9 (1) of Security Interest (Enforcement) Rules, 2002 to the borrower/s and guaranator/s of the said loan about the holding of E- Auction Sale on the above mentioned date. 3 | Page Lea ALANDUR BRANCH 48-A,Vellalar Street,Adambakkam, Alandur, Medavakkam Rd., Chennai – 600 088 __ TERMS & CONDITIONS OF ONLINE E- AUCTION SALE 1. Description of SCHEDULE OF PROPERTY ( FOR SALE) the immovable All that piece and parcel of vacant land being plot no:6, northern part, property to be LIC Nagar Extension, measuring an extent of 2128 SFT out of 4246 SFT auctioned comprised in survey no: 42/2C,as per patta no:11010,the survey no.42/25,new patta no:14841,as per new patta present survey no:42/25A of Pallikarnai village, Sholinganallur Taluk, Kancheepuram district now Chennai corporation limits. 70 SFT undivided share of land and Flat no: V4A in building now named as “Sai Luxzy Apartments” in the first floor of an extent of 290 SFT on the schedule of the property. Bounded by North- Plot No:5(S No:42/2C1A3),South-Plot no:6 (southern portion), East-20 feet layout Road and land in survey:42/2B Encumbrance known to secured creditor: NIL (however indenting bidders are advised to verify the EC and satisfy themselves before submitting bid) 2. Name of Mrs Surya V Mr P V Venkateswaran Borrower / W/o Mr P Venkateswaran No:116,1st Floor, Mortgagor No:116,1st Floor, D-16,K G Signature City, D-16,K G Signature City, Nolambur, Chennai-600095 Nolambur, Chennai-600095 3 Debt Due with Encumbrance known to secured creditor: NIL interest and (however indenting bidders are advised to verify the EC and satisfy themselves cost before submitting bid) 4 Date and time 29-08-2019 (Thursday) between 11:00 AM To 1:00 PM with unlimited of Auction 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.9,08,000/-(Rupees Nine lakhs eight thousand only) 6 Earnest Money Rs.90,800/-(Rupees Ninety thousand eight hundred only) Deposit (EMD) 7 Last date of On or before 26-08-2019 (Monday) 5:00 pm submission of bids 8 Bid Increment Rs.20,000/-(Rupees Twenty thousand only) Amount by 9. Date & Time of 26-08-2019 (Monday) between 3:00 p.m to 5:00 p.m. inspection of property for intending purchasers 10 Details of NIL encumbrances over the property, as known to the Bank 4 | Page 11. The Property is being sold on “AS IS WHERE IS”, “AS IS WHAT IS”, “WHATEVER THERE IS”. 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 [email protected] 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 sale, 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.593301980050000, Union Bank of India, Alandur Branch through IFSC Code UBIN0559334 or by DD/Pay order favouring Union Bank of India, Alandur Nagar Branch payable at Chennai.
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