M/S Dhanushree Industries 629/1&2 Pothiyapalayam
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By Registered Post with Acknowledgement SALE NOTICE Date: 27.05.2019 M/s Dhanushree Smt C Sulochana Shri E.Thananjayan Industries Proprietrix of M/s. 16/5, G.R.Apartment, 629/1&2 Pothiyapalayam Dhanushree Industries Water tank Street, Road, Muthukalivalasu, 16/5, G.R.Apartment, Tirupur Road, Kadaiyur Post Kangeyam Water tank Street, Tirupur Kangeyam.. (Guarantor) Tamil Nadu, PIN: 638701 Road, Kangeyam-638701 M/s Dhanushree Oil Mills Shri E.Thananjayan Smt C Sulochana 629/1&2 Pothiyapalayam Proprietor of M/s. 16/5, G.R.Apartment, Road, Muthukalivalasu, Dhanushree Industries Water tank Street, Kadaiyur Post Kangeyam 16/5, G.R.Apartment, Tirupur Road, Tamil Nadu, PIN: 638701 Water tank Street, Tirupur Kangeyam. (Guarantor) Road, Kangeyam.-638701 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 6(2) and 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 properties mortgaged/charged to the Secured Creditor, the physical possession of which has been taken by the Authorised Officer of State Bank of India being the Secured Creditor, will be sold on “As is where is”, “As is what is”, and “Whatever there is” basis on 20/06/2019, for recovery of Rs. 3,41,26,515/- (Rs Three Crores fourty one lakhs twenty six thousand five hundred and fifteen only) and Rs. 2,30,00,298/- (Rupees Two Crores thirty lakhs two hundred and ninety eight only) totally a sum of Rs 5,71,26,813/- (Rs Five Crores seventy one lakhs twenty six thousand eighty hundred and thirteen only) as on 27.05.2019 with future interest and costs due to the State Bank of India, SARB Coimbatore from M/s. Dhanushree Industries Rep. by its Proprietrix Smt. C Sulochana and M/s. Dhanushree Oil Mills, Rep. by its Proprietor Shri E.Thananjayan respectively and its Guarantors 1) Smt C Sulochana for M/s Dhanushree Oil Mills and 2) Sri E Thanajayan for M/s Dhanushree Industries. SCHEDULE A MOVABLE PROPERTIES Machinery S No Details of Machinery QUANTITY Market Value 1 Vertical Hot Air Drier with Chimney & 1 No. 1,00,000 Blower 2 Copra boiler 1 No 50,000 3 Copra loading Screw Conveyor 1 No 20,000 4 Copra Storage Bin 1 No 30,000 5 Copra Cutter 1 No 40,000 6 Screw Conveyor for Cut Copra 1 No 20,000 7 Cut Copra Storage Bin 1 No 40,000 8 Screw Conveyor for Oil Cake 1 15,000 9 Copra Crusher (Expeller) heavy duty 2 Nos 7,00,000 10 Filtered Oil Storage Sump 1 80,000 11 Unfiltered Oil Storage tank 1 20,000 12 Pressure Filter 1 80,000 13 Pure Oil Storage Tank 1 Lot 40,000 14 Monoblock Pump for Filtered Oil Sump 1 5,000 15 Monoblock Pump for Pure Oil Storage 1 7,500 Tank 16 Induction Motor, 0.75 KW For Conveyors 2 2,000 17 Induction Motor, 5 HP For Conveyors 1 5,000 18 MS Fabricated Ladder 1 2,000 19 MS Fabricated Stair Case 3 3,000 20 MS Tank 1 5,000 21 Mechanical Weighing Scale 2 6,000 22 Breaker Panels, Capacitor Panels, 1 Lot 3,00,000 Switches & Cables 23 Oil Pipelines and Hoses 1 Lot 40,000 Total 16,10,500 SCHEDULE B DESCRIPTION OF IMMOVABLE PROPERTY/IES: ITEM-1 Details of Title Deeds Description of Properties EM of 1.13½ acres (0.49 ½ acre in R.S.No 629/1 and 0.64 acres in R.S.No 629/2 of land along with industrial building with built up area 9136 sq.ft, Door in SF no. Registered sale deed no 629/1 & 2 in Kadaiyur Village, Kangayam Taluk, 6892/2011 dt 13.07.2011 Tirupur District. Sub registration district of Kangayam at SRO Kangayam and Registration District of Tiruppur, muthukalivalasu pothiyampalayam panchayat, Kangayam panchayat union registered in the name of Smt. C. Sulochana North of R.S.no 629/3A, East West passage South North road on the boundaries of Boundari East of Vadachinnaripalayam village es West of R.S no 628 South of R.S no 623 With mamool pathway rights, other easement rights and other appurtenants thereon in the name of Smt.C.Sulochana. Encumbrances known to the Bank if any : Nil ITEM - 2 Details of Title Deeds Description of Properties EM of 0.84 acres (Lot 1 – 0.78 acre + Lot 2 - 0.06 acre) of land along with weigh bridge and Registered sale deed no other development thereon in SF Nos 613 (Old 5736/2012 dt 02.11.2012 at SRO S.F 435), in Kadaiyur village, Kangayam Taluk, Kangayam Tirupur District. Sub registration district of Kangayam and Registration District of Tiruppur registered in the name of Sri. E.Thananjayan. North of Duraisamy gounder’s portion Boundaries East of South north road (lot no 1 – Nanjappa gounder’s portion & 0.06 acres of West of 0.78 acre) above mentioned Lot 2 property South of Duraisamy gounder’s portion Boundaries North of Nanjappa gounder’s portion (lot no 2- East of Lot no 1 property 0.06 acre) West of Nanjappa gounder’s portion South of Duraisamy gounder’s portion With mamool pathway rights, PAP rights, other easement rights and other appurtenants thereon. Encumbrances known to the Bank if any : Nil DETAILS OF E-AUCTION SALE: RESERVE EARNEST BID DATE AND TIME PRICE MONEY TO MULTIPLIER OF E-AUCTION BE DEPOSITED MOVABLE - 15,00,000/- 1,50,000/- 25,000/- ITEM NO.1 IMMOVABLE 56,00,000/- 5,60,000/- 50,000/- - ITEM NO.1 TOTAL 71,00,000/- 7,10,000/- 50,000/- 20/06/2019 12.00 noon to 1.00 p.m with unlimited extension of 5 minutes if bidding continues till sale is concluded. IMMOVABLE 9,00,000/- 90,000/- 25,000/- 20/06/2019 - ITEM NO.2 12.00 noon to 1.00 p.m with unlimited extension of 5 minutes if bidding continues till sale is concluded Last date and time for submission of proof of EMD 18/06/2019 upto 5.00 p.m. The auction will be conducted online through the Bank’s approved service provider M/s E-Procurement Technologies Ltd (ETL) at their web portal https://sbi.auctiontiger.net. For detailed terms and conditions of the E-auction sale and for E-Auction tender document containing online e-auction bid form, Declaration etc, please refer to the link provided in https://sbi.auctiontiger.net, & in State Bank of India, the Secured Creditor’s website www.sbi.co.in. You are also put on notice of other details relating to the proposed sale which are contained in notice of sale published in the News papers on 29.05.2019 (The New Indian Express (English) and Dinamani (Tamil). Date: Coimbatore Authorised Officer Place: 27.05.2019 .