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1006261005256 5/9, Muthu Street, Periamet, Chennai

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1006261005256 5/9, Muthu Street, Periamet, Chennai (A GOVERNMENT OF INDIA UNDERTAKING) DINDIGUL MAIN BRANCH Ref: 1006261005256 Date:26/02/2020 Regd letter with AD TO: Mr.A.Arshad Ahamed, (Prop of M/s Arshad Leather Exports)(Borrower/Mortgagor) S/o Abdul Rahim N 7A Perambur High Road 2 nd Street Perambur, Chennai-600012. Sub: Notice under Section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with Rule 8(6) of the Security Interest (Enforcement) Rules, 2002. ******************** As you are aware, I on behalf of Canara Bank, DINDIGUL MAIN branch have taken possession of the assets described in Schedule of Sale Notice annexed hereto in terms of Section 13(4) of the subject Act in connection with outstanding dues payable by you to our DINDIGUL MAIN, Branch of Canara Bank. The undersigned proposes to sell the assets more fully described in the Schedule of Sale Notice. Hence, in terms of the provisions of the subject Act and Rules made there under, I am herewith sending the Sale Notice containing terms and conditions of the sale. This is without prejudice to any other rights available to the Bank under the subject Act/ or any other law in force. Yours faithfully, Authorised Officer, Canara Bank ENCLOSURE – SALE NOTICE Copy To: M/s Arshad Leather Exports, Mr.N.Abdul Rahim(Guarantor) (Represented by its Prop.Mr.A.Arshad Ahmed) 646/1 Batlagundu Road 5/9, Muthu Street, Kuttiapatti Begampur Periamet, Dindigul-624002 Chennai. (A GOVERNMENT OF INDIA UNDERTAKING) DINDIGUL MAIN BRANCH SALE NOTICE E-Auction Sale Notice for Sale of Immovable Properties 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 (s) and Guarantor (s) that the below described immovable property mortgaged/charged to the Secured Creditor, the constructive/physical possession of which has been taken by the Authorised Officer of DINDIGUL MAIN branch of the Canara Bank., will be sold on “As is where is”, “As is what is”, and “ Whatever there is” on 30th March 2020 (mention date of the sale), for recovery of Rs.4,26,80,616.21 /- Rupees (Four crores Twenty six lakhs Eighty Thousands six hundred sixteen and Twenty one paise) as on 07/02/2020 with further interest from 01/02/2020 + cost thereon for Loan A/c 1006261005256 due to the DINDIGUL MAIN branch of Canara Bank from M/s Arshad Leather Exports, Mr.A.Arshad Ahamed, (Prop of M/s Arshad Leather Exports)(Borrower/Mortgagor) and Mr.N.Abdul Rahim(Guarantor) The Reserve Price and EMD Amount will be For Property 1: Rs.63,00,000/-(Rupees Sixty Three Lakhs Only)& EMD of Rs.6,30,000/- (Six Lakhs Thirty Thousand only) For Property 2: Rs.40,00,000/-(Rupees Forty Lakhs Only)& EMD of Rs.4,00,000/-(Four Lakhs Only) For Property 3: Rs.9,00,000/-(Rupees Nine Lakhs Only) &EMD of Rs.90,000/-(Rupees Ninety Thousand Only) The Earnest Money Deposit shall be deposited on or before 27th March 2020 at 4 pm. DETAIL OF PROPERTIES Property 1: All the parts and parcel of the land building situated at Dindigul RD, Dindigul Taluk and District, Nagalnaickenpatti SRD, 6th Ward, Nagal Nagar, Seenirowther lane comprised in T.S.No.107/1 & 108 the land measures East – west on both the sides of 41.50 ft, North – South on both the sides of 45 ft, totally 1867.50 sq ft bearing Door No.12B and 12C bounded by East: Rathina Nadar house West: Sheik Abdul Kadar house North: Seenirowther Lane in T.S.No.104 South: East – West street Property 2: All the parts and parcel of the land and building situated at Dindigul RD, Dindigul Taluk and District, Nagalnaickenpatti SRD, 6th Ward, Indra Nagar, Eastern side comprised in T.S.No.1638/1D1 with new sub division T.S.No.1638/8, Mangalam apartments undivided interest measuring 481 sq ft (including parking area) out of 6720 sq ft with flat bearing Door No.G3 with a super built up area of 943 sq ft having all its mamool pathway rights and other easement rights thereto bounded by (A GOVERNMENT OF INDIA UNDERTAKING) DINDIGUL MAIN BRANCH East: Amudha Plot West: North – south road North: Srinivasan plot South: Ramachandran plot Extent of Land: East – west on both the side of 120 ft, North – south on both the sides of 56 ft. Property 3: All the parts and parcel of the land and building situated at Dindigul RD, Nagalnaickenpatti SRD, Alamarathupatti Village,Dindigul Taluk and District the land measures 4 acres 6 cents in S.No.6 were divided into house sites under the name and style as “Kamal Nagar” within this, Part of plot No.61 on the western side measuring east west on both the sides of 24 ¾ ft, North – South on the western side of 85 ft, on the eastern side of 80 ft, totally 2042 sq ft bounded by East: Easternside of plot No.61 purchased by Bahradeen West: Plot No.60 North: East – west road with the width of 20ft South: Odai For detailed terms and conditions of the sale please refer the link “E-Auction” provided in Canara Bank’s website (www.canarabank.com) or may contact The Chief Manager, DINDIGUL MAIN branch(Ph no 0451- 2432897(P) 2422047(O),9489045720,) or Regional Office, Canara Bank, Dindigul Ph. No. 0451-2433353 during office hours on any working day. Date: 26.02.2020 Authorised Officer Place: DINDIGUL MAIN CANARA BANK (A GOVERNMENT OF INDIA UNDERTAKING) DINDIGUL MAIN BRANCH Detailed Terms and Conditions of the Sale Notice Dated 26/02/2020 Name and Address of the 1. Canara Bank, DINDIGUL MAIN Branch. Secured Creditor M/s Arshad Leather Exports, (Represented by its Prop.Arshad Ahmed) 5/9, Muthu Street, Periamet, Chennai Name and Address of the 2. Borrower(s)/Mortgagor Mr.A.Arshad Ahamed, (Prop of M/s Arshad Leather Exports)(Borrower/Mortgagor) S/o Abdul Rahim 7A Perambur High Road 2 nd Street Perambur, Chennai-600012. Mr.N.Abdul Rahim(Guarantor) Name and Address of the 646/1 Batlagundu Road 3 Kuttiapatti Guarantor /Mortgager Begampur Dindigul-624002 Rs.4,26,80,616.21 /- Rupees (Four crores Twenty six lakhs Eighty Thousands six hundred sixteen and 3. Total liabilities Twenty one paise) as on 07/02/2020 with further interest from 01/02/2020 + cost thereon 4 a) Mode of Auction : E- Auction b) Details of Auction service Mr. Praveen kumar thevar provider : Mobile : 09722778828, 09655591945 Email : [email protected] [email protected] Date : 30/03/2020 c) Date & Time of Auction : Time between 12.30 pm – 1.30 pm (With unlimited extension of 5 minutes duration each till the conclusion of the sale) https://canarabank.auctiontiger.net d) Portal of E-Auction 5 Details of Properties: (A GOVERNMENT OF INDIA UNDERTAKING) DINDIGUL MAIN BRANCH Property 1: All the parts and parcel of the land building situated at Dindigul RD, Dindigul Taluk and District, Nagalnaickenpatti SRD, 6th Ward, Nagal Nagar, Seenirowther lane comprised in T.S.No.107/1 & 108 the land measures East – west on both the sides of 41.50 ft, North – South on both the sides of 45 ft, totally 1867.50 sq ft bearing Door No.12B and 12C bounded by East: Rathina Nadar house West: Sheik Abdul Kadar house North: Seenirowther Lane in T.S.No.104 South: East – West street Property 2: All the parts and parcel of the land and building situated at Dindigul RD, Dindigul Taluk and District, Nagalnaickenpatti SRD, 6th Ward, Indra Nagar, Eastern side comprised in T.S.No.1638/1D1 with new sub division T.S.No.1638/8, Mangalam apartments undivided interest measuring 481 sq ft (including parking area) out of 6720 sq ft with flat bearing Door No.G3 with a super built up area of 943 sq ft having all its mamool pathway rights and other easement rights thereto bounded by East: Amudha Plot West: North – south road North: Srinivasan plot South: Ramachandran plot Extent of Land: East – west on both the side of 120 ft, North – south on both the sides of 56 ft. Property 3: All the parts and parcel of the land and building situated at Dindigul RD, Nagalnaickenpatti SRD, Alamarathupatti Village,Dindigul Taluk and District the land measures 4 acres 6 cents in S.No.6 were divided into house sites under the name and style as “Kamal Nagar” within this, Part of plot No.61 on the western side measuring east west on both the sides of 24 ¾ ft, North – South on the western side of 85 ft, on the eastern side of 80 ft, totally 2042 sq ft bounded by East: Easternside of plot No.61 purchased by Bahradeen West: Plot No.60 North: East – west road with the width of 20ft South: Odai 6 a) Reserve Price For Property 1: Rs.63,00,000/- For Property 2: Rs.40,00,000/- For Property 3: Rs.9,00,000/- b) EMD & last date of deposit of For Property 1: Rs. Rs.6,30,000/- EMD For Property 2: Rs.4,00,000/- For Property 3: Rs.90,000/-& 27/03/2020 till 4 pm (A GOVERNMENT OF INDIA UNDERTAKING) DINDIGUL MAIN BRANCH 7 Other terms and conditions : a) Auction/bidding shall be only through “Online Electronic Bidding’’ through the website https://canarabank.auctiontiger.net. Bidders are advised to go through the website for detailed terms before taking part in the e-auction sale proceedings.
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