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State Bank of India E-Auction Sale Notice

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State Bank of India E-Auction Sale Notice CHITRADURGA ROAD BRANCH C-39,Besides TMC,Chitradurga Road Challakere-577522,Chitrdurga District PHONE: 08195-251111,FAX:251144 STATE BANK OF INDIA Email:[email protected] Format-06 Authorised Officer’s details: Name: Sri.Ramesha K R E-mail ID: [email protected] Mobile No: 9606957133 Landline No: 08195-251111 E-AUCTION SALE NOTICE DETAILED TERMS AND CONDITIONS OF THE 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 Symbolic/Physical/constructive (Whichever is applicable) possession of the following property/ies u/s 13(4) of the SARFAESI Act. Public at large is informed that e-auction (under SARFAESI Act, 2002) of the charged property/ies in the below mentioned cases for realisation of Bank’s dues will be held on “AS IS WHERE IS”,“AS IS WHAT IS” and “ WHATEVER THERE IS” basis and on the terms and conditions specified hereunder. 1. Name of Borrower(s): M/s.Sri.Shiva Jewellers, Prop: Sri. Thippeswamychari K V S/o Sri.K Venkateshachari, Nehru Circle, Bellary Road, Challakere-577522, Chitradurga District. Name of the Guarantor(s): 1. Sri.Rangachari S/o Sri.Krishnachari. 2. Sri.Venkateshachari S/o Sri.Krishnachari. 3. Smt.Sudha L V W/o Sri.Rangachari. 4. Ramakrishnachari S/o Sri.V K KrishnaChari. [All above are at M/s.Sri.Shiva Jewellers, Nehru Circle, Bellary Road, Challakere, Chitradurga District.] & 5.Smt.Lakshmamma W/o Sri.Krishnachari. Behind Vysya Bank, 4th Cross, Pavagada Road, Challakere, Chitradurga District. Loan Account Number(s): 37303387139/CC Outstanding dues for Recovery of which properties are being sold.: Rs.1,05,12,719-00 (Rupees One Crore Five Lakh Twelve Thousand Seven Hundred Nineteen Only.) as on 30/01/2019 with future interest at the contractual rate on the aforesaid amount together with incidental expenses,cost,charges,etc., there on till the date of realization of dues. Demand Notice 13(2) Dated 30/01/2019 for Rs.1,05,12,719-00. 2. Name of Borrower(s): M/s. Sri.Sharada Jewellers, Prop: Sri. Tirumalachari S/o Sri.Ratnachari, Nehru Circle, Bellary, Road, Challakere, Chitradurga District Name of the Guarantor(s): 1. Smt.Nalinakshi A V W/o Sri.Ramakrishnachari. 2. Sri.Ratnachari S/o Sri.Krishnachari. 3. Sri.Rangachari S/o Sri.Krishnachari. 4. Sri.RamakrishnaChari S/o Sri.Krishnachari. [All are at M/s.Sri.Sharada Jewellers, Nehru Circle, Bellary Road, Challakere, Chitradurga District.] & 5.Smt.Lakshmamma W/o Sri.Krishnachari. Behind Vysya Bank, 4th Cross, Pavagada Road, Challakere, Chitradurga District. Loan Account Number(s): 37303387809/CC Outstanding dues for Recovery of which properties are being sold: Rs.1,06,03,283-00 (Rupees One Crore Six Lakh Three Thousand Two Hundred Eighty Three Only.) as on 02/03/2019 with future interest at the contractual rate on the aforesaid amount together with incidental expenses,cost,charges,etc., there on till the date of realization of dues. Demand Notice 13(2) Dated 30/01/2019 for Rs.1,06,03,283-00. 3. Name of Borrower(s): Smt.Kavitha N W/o Sri.Raviraj B Kambali, 5th Block, Ward No.34, Yangammanakatte Area, Chitradurga Chitradurga District. Name of the Guarantor(s): Sri.Thippeswmy J S/o Sri.JayappaThippeswamy, Padigatte, Adanur, Holalkere Taluk, Chitradurga District. Loan Account Number(s): 37760247610/HTL Outstanding dues for Recovery of which properties are being sold: Rs.8,36,962-00 (Rupees Eight Lakh Thirty Six Thousand Nine Hundred Sixty Two Only.) as on 07/03/2019 with future interest at the contractual rate on the aforesaid amount together with incidental expenses, cost, charges, etc., there on till the date of realization of dues. Demand Notice 13(2) Dated 08/03/2019 for Rs.8,36,962-00. 5.Names of Property No.1 standing in the Name of Smt.Sudha L V W/o Sri.Rangachari. Title Deed Property No.2 standing in the Name of Smt.Nalinakshi A.V W/o Holders: Sri.Ramakrishnachari. Property No.3 standing in the Name of Smt. Lakshmamma W/o Sri. Krishna Chari. Property No.4 standing in the Name of Smt.Kavitha N W/o Sri.Raviraj B Kambali. 6.Description of property/ies: Property No.1. All that part and parcel of Vacant Site/Building Property having Re.Sy.No.233,K.No./Asst.No.334/1546C/1514C/3772C/3,Measuring (88 x 25)feet’s, situated near Ganga Bhavani Lodge,Shanthi Nagar,Challakere Town,Chitradurga District standing in the name of Smt.Sudha L V W/o Sri.Rangachari which is bounded by East: Road West: Conservancy North: Property of V Sunitha South : Property of T A Rekha (Note: EM created to M/s.Shiva Jewellers, Loan Account No.:37303387139/CC): Property No.2.All that part and parcel of Vacant Site/Building Property having Re.Sy.No.233,K.No./Asst.No.334/1546C/1514C/3772C/1,Measuring (88 x 25)feet’s, situated near Ganga Bhavani Lodge,Shanthi Nagar,Challakere Town,Chitradurga District standing in the name of Smt.Nalinakshi A.V W/o Sri.Ramakrishnachari. which is bounded by East: Road West: Conservancy North: Property of V Sunitha South : Property of T A Rekha (Note: EM created to M/s.Sharada Jewellers, Loan Account No.: 37303387809/CC): Property No.3. All that part and parcel of property of bearing Katha No.1228/1083/5762/4,Measuring (12 X 9) Meters, Situated at Pavagada Road, Challakere Town, Chitradurga District standing in the name of Smt. Lakshmamma W/o Sri. Krishna Chari and bounded by East: Vacant Site No.15 West: Municipal Road North: Vacant Site No.5 South : House of Raju In site No.3 [Note: Property No.3 EM created to M/s.Shiva Jewellers, Loan Account 37303387139/CC subsequently extended to M/s.Sharada Jewellers, Loan Account No. 37303387809/CC charge on 50% basis.]. Property No.4. All that part and parcel of Vacant Site/Building Property having ground floor and first floor bearing site No.38, Measuring E-W: 40ft. and N-S: 30ft, having the Katha of City Municipal Council, Chitradurga bearing Katha and Assessment No.9002/16782/38 situated 5th Block, Ward No.34, Yangammanakatte Area, Chitradurga, Chitradurga District and standing in the Name of Smt.Kavitha N which is bounded by East: Site No.43 West: Road North: Site No.39 South : Site No.37 (Note: EM created to Smt.Kavitha N, Loan Account No.:37760247610/HTL). 7.Date & Time of E-Auction for Date:05/02/2020.Time: 60 minutes from 11.30A.M.to all above Properties: 12.30P.M. with unlimited extension of 5 minutes each. 8.Place/Web address of E- www.sbi.auctiontiger.net auctions for all above Properties:: 9..Date and time for submission of request letter of On or before date participation / KYC Documents / Proof of EMD etc. 04/02/2020 up to 4.00 P.M. for all above Properties: Reserve Price for 79,20,000/-(Rupees Seventy Nine Lakhs Twenty Property No.1 Thousand Only.) below which the properties shall not be sold. Earnest Money Deposit for Rs. 7,92,000/-(Rupees Seven Lakhs Ninety Two Thousand Property No.1 Only.), Reserve Price for 79,20,000/-(Rupees Seventy Nine Lakhs Twenty Thousand Property No. 2 Only.) below which the properties shall not be sold. Earnest Money Deposit for Rs. 7,92,000/-(Rupees Seven Lakhs Ninety Two Thousand Property No.2 Only.), Reserve Price for Rs. 42,70,000/-(Rupees Forty Two Lakhs Seventy Property No.:3 Thousand Only.) below which the properties shall not be sold. Earnest Money Deposit for Rs. 4,27,000/-(Rupees Four Lakhs Twenty Seven Thousand Property No.:3 Only.) Reserve Price for Rs. 52,70,000/-(Rupees Fifty Two Lakhs Seventy Property No.:4 Thousand Only.) below which the properties shall not be sold. Earnest Money Deposit for Rs. 5,27,000/-(Rupees Five Lakhs Twenty Seven Thousand Property No.:4 Only.) Bid Increment Amount for each Rs.50,000/-(Rupees Fifty Thousand and above.) all above Properties: Date & Time of inspection of the properties: Date & Time will be finalised on the request of bidder with consultation of Authorised officer. Terms and Conditions of the E-Auction are as under: 1. E-Auction Sale of immovable Properties (excluding movables assets, if any, lying in the premises) is being held on “AS IS WHERE IS” and “AS IS WHAT IS BASIS” and the auction will be conducted “Online”. The auction will be conducted through Bank’s approved service provider M/s e-Procurement Technologies Private Limited at their web portal www.sbi.auctiontiger.net , E-Auction Tender Document containing online e-auction bid for, Declaration, General Terms and Conditions of online auction sale are available in website: www.sbi.auctiontiger.net 2. The Bank is having constructive/symbolic/Physical (Whichever is applicable) possession of the secured assets. 3. To the best of knowledge and information of the Authorised Officer, there is no encumbrance on the property/ies. However, the intending bidders should make their own independent inquiries regarding the encumbrances, title of property/ies 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 Authorised Officer/ Secured Creditor shall not be responsible in any way for any third party claims/ rights/ dues.
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