ROAD BRANCH C-39,Besides TMC,Chitradurga Road Challakere-577522,Chitrdurga District PHONE: 08195-251111,FAX:251144 STATE BANK OF 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, . 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, 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.

4. For each & every Property kept for e-auction , The intending purchasers / bidders are required to deposit EMD amount ( i.e., Earnest Money Deposit equivalent to 10% of the Reserve Price) separately either through NEFT / RTGS in the Parking Account No.: 37608319388, Name of the Bank: State Bank of India,Chitadurga Road Branch Challakere,Chitradurga District, Name of the Beneficiary: State Bank of India, Chitradurga Road Branch,Challakere, Chitradurga District, IFSC: SBIN0040110 or by way of demand draft drawn in favour of State Bank of India, Chitadurga Road Branch,Challakere,Chitradurga District payable at Challakere, Chitradurga District, drawn on any Nationalised or Scheduled Bank.

5. Bidders shall hold a valid Digital Signature Certificate issued by competent authority and valid e- mail ID {e-mail ID is absolutely necessary for the intending bidder as all the relevant information and allotment of ID & password by M/s e-Procurement Technologies Limited may be conveyed through e- mail}.

6. The intending bidder should submit the evidence for EMD deposit like UTR number along with Request Letter for participation in the E-Auction, self-attested copies of (i) Proof of Identification (KYC) viz. Voter ID Card / Driving License / Passport etc., (ii) Current Address – Proof for communication, (iii) PAN card of the bidder, (iv) valid e-mail ID, (v) Contact Number (Mobile / Landline) of the bidder etc. to the Authorised Officer of State Bank of India, Chitadurga Road Branch,Challakere,Chitradurga District payable at Challakere, Chitradurga District by 4.00 P.M. on or before 04/02/2020. Scanned copies of the original of these documents can also be submitted to e-mail ID of Authorised Officer.

7. Names of the Eligible Bidders will be identified by State Bank of India, Chitadurga Road Branch, Challakere, Chitradurga District to participate in online e-auction on the portal https://sbi.auctiontiger.net. M/s e-Procurement Technologies Limited, Ahmedabad Contact Person Mr. Thevar Praveen Kumar Mob: 9722778828 (Contact No. 079-40005422. Fax No.079-40016816/876) and Mr. Manohar V (Contact No.7353931866) E-mail id: [email protected] will provide User ID & Password after due verification of PAN of the Eligible Bidders.

8. It shall be the responsibility of the interested bidders to inspect and satisfy themselves about the property before submission of the bid.

9. The e-Auction/bidding of above properties would be conducted exactly on the scheduled Date & Time as mentioned against each property by way of inter-se bidding amongst the bidders. The bidder shall improve their offer in multiple of the amount mentioned under the column “Bid Increment Amount” against each property. In case bid is placed in the last 5 minutes of the closing time of the e- Auction, the closing time will automatically get extended for 5 minutes. The bidder who submits the highest bid amount (not below the Reserve Price) on closure of e-Auction process shall be declared as Successful Bidder and a communication to that effect will be issued through electronic mode which shall be subject to approval by the Authorised Officer/ Secured Creditor.

9. The Earnest Money Deposit (EMD) of the successful bidder shall be retained towards part sale consideration and the EMD of unsuccessful bidders shall be refunded. The Earnest Money Deposit shall not bear any interest. The successful bidder shall have to deposit 25% of the sale price, immediately on acceptance of bid price by the Authorised Officer and the balance of the sale price on or before 15th day of sale or within such extended period as agreed upon in writing and solely at the discretion of the Authorised Officer. Default in deposit of amount by the successful bidder would entail forfeiture of the whole money, already deposited and property shall be put to re-auction and the defaulting bidder shall have no claim/ right in respect of property/ amount.

10. The prospective qualified bidders may avail online training on e-Auction from Mr. Manohar V -+91 7353931866, the Service Provider viz e-Procurement Technologies Pvt. Limited (abc procure), A201/208, Wall Street- II, Opp. Orient Club, Nr. Gujarat College, Ellis Bridge, Ahmedabad – 380 006, Phone 079-40230810/827/816 to 820, email: @auctiontiger.net & [email protected] prior to the date of e-Auction. Neither the Authorised Officer/ Bank nor M/s. e-Procurement Technologies Pvt. Limited (abc procure), A201/208, Wall Street- II, Opp. Orient Club, Nr. Gujarat College, Ellis Bridge, Ahmedabad – 380 006 will be held responsible for any Internet Network problem/Power failure/ any other technical lapses/failure etc. In order to ward-off such contingent situation the interested bidders are requested to ensure that they are technically well equipped with adequate power back-up etc. for successfully participating in the e-Auction event.

11. The purchaser shall bear the applicable stamp duties/ additional stamp duty/ transfer charges, fee etc. and also all the statutory/ non-statutory dues, taxes, rates, assessment charges, fees etc. owing to anybody.

12. The Authorised Officer/Bank is not bound to accept the highest offer and has the absolute right to accept or reject any or all offer(s) or adjourn/ postpone/ cancel the e-Auction or withdraw any property or portion thereof from the auction proceedings at any stage without assigning any reason there for.

13. The Sale Certificate will be issued in the name of the purchaser(s) / applicant (s) only and will not be issued in any other name(s).

14. The sale shall be subject to rules/ conditions prescribed under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.

15. This is also a notice to the borrower(s)/guarantors/mortgagor of the said loans about holding of e- auction sale on the above mentioned date as already intimated vide sale notice dated 23.12.2019.

16. The borrower/mortgagor/guarantors attention is invited to provisions of sub-section (8) of section 13 of the Act, in respect of time available to redeem the secured assets.

17. For further details and regarding inspection of property the intending bidders may contact the Authorised Officer & Chief Manager, State Bank of India, Chitadurga Road Branch, Challakere, Chitradurga District during office hours, Phone No.: 08193-263292 or Bank’s approved Resolution Agent, M/s Sree Balaji Clearing Agents (P) Ltd., Bengaluru, its representative Sri Madhusudhan N, Cell No. +9972049814/9620009318 and also may contact the Bank’s approved service provider M/s e- Procurement Technologies Limited, Ahmedabad Contact Person Mr. Thevar Praveen Kumar Mob: 9722778828 (Contact No. 079-40005422. Fax No.079-40016816/876) and Mr. Manohar V (Contact No.7353931866) E-mail id: [email protected], for any information on procedure of e- auction.

Date: State Bank of India

Place: Challakere Authorized Officer