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PUBLIC NOTICE for E-AUCTION IDBI Bank Ltd

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PUBLIC NOTICE for E-AUCTION IDBI Bank Ltd IDBI Bank Ltd. Mittal Court, A Wing, 2nd Floor, Nariman Point, Mumbai 400021 PUBLIC NOTICE FOR E-AUCTION Sale of Hypothecated Vehicles Notice is hereby given that in view of the defaults committed by following borrowers, IDBI Bank Ltd. (IDBI Bank) has taken re-possession of the following hypothecated vehicles from the Borrowers. IDBI Bank invites bids/ offers for sale of the following hypothecated vehicles: Lot Name of the Vehicle details Registration Revised Reserve No. Borrower (Registration) Number Price (Rs.) 1. SAILANI BABA TOURS & TRAVELS HUNDAI XCENT(July 2015) MH48F1292 162,000.00 2 NUMAAN ENTERPRISES TATA INDICA(Oct. 2015) MH48F1963 32,400.00 3 TULJA BHAWANI TRAVELS Maruti Suzuki Dzire Tour VDI BS IV, MH-02-CR-7129 243,000.00 (Feb 2016) 4 SIDDAKALA TOURS & TRAVELS Fiat Linea Classic CDI, (June 2015) MH-02-CR-4572 315,000.00 5 CHINTAMANI TOURS AND TRAVELS Nissan Sunny XL (Nov. 2015) MH-04-GD-5792 297,500.00 6 RAJ TOUR AND TRAVELS Chevrolet Enjoy -1.3 L 7S LT15 MH-03-BC-5077 360,000.00 (Dec 2015) 7 S D TOURS & TRAVELS HYUNDAI XCENT CRDI BSIV (April 2016) MH-01-CJ-0327 324,000.00 8 RAW TRAVEL Maruti Swift D’zire (Saloon) (Aug.2015) MH-02-CR-5015 200,925.00 9 VAIBHAV TOURS AND TRAVELS Maruti - Ritz-VDI- (Jan 2015) MH-05-BJ-697 180,000.00 10 ARYAN TOUR & TRAVELS Tata Indica,EV2LS (May 2015) MH-43-D-9468 162,000.00 11 JIVDANI TOURS & TRAVELS Huyndai Xcent (Nov. 2015) MH-48-F-1648 270,000.00 12 ARJUN TOURS AND TRAVELS Nissan Sunny XLD (Dec 2016) MH-03-BC-6236 194,400.00 13 J & B TOURS & TRAVELS Nissan Sunny XLD (Jan 2016) MH-01-BT-8436 211,500.00 14 OWNER TOURS AND TRAVELS Nissan XE BSIV (Nov 2015) MH-04-GD-5830 190,800.00 15 AQIB TRAVELS Nissan Sunny XL (April 2016) MH-03-BC-6823 340,000.00 16 TEJASHVI TRAVELS Maruti Ertiga (June 2015) MH-02-CR-4384 360,000.00 17 IQRA TRAVELS Tata Indica EVZ LSM (Nov. 2015) MH-02-CR-5862 225,000.00 18 DANISH TOURS & TRAVELS Nissan Sunny (Aug. 2015) MH-43-D-9950 194,400.00 19 SAYALI TOURS & TRAVELS Hyundai Xcent CRDI (Oct.2015) MH-43-BA-0148 202,500.00 20 DEVI BHAVAI TOURS & TRAVELS Nissan Sunny XL (Oct 2015) MH-04-GD-5543 222,750.00 21 ESHAN TOURS & TRAVELS Nissan Sunny XLD- (July2015) MH-05-BJ-958 324,000.00 22 AAI EKVIRA TOURS & TRAVELS Maruti Suzuki- Swift Dezire Tours MH-04-GD-5243 225,000.00 (Sept. 2015) 23 DAMAN TRAVELS Maruti Suzuki- Swift Dezire Tours MH-04-GD-4490 210,600.00 (June 2015) 24 UMER TOURS & TRAVELS Maruti Suzuki Swift Dezire(Aug 2015) MH-03-BC-3862 182,250.00 25 KRISHNA TOURS & TRAVELS Maruti - Ritz-VDI (Mar. 2015) MH-04-GD-3778 180,000.00 26 PRATHMESH TOUR & TRAVELS Maruti Suzuki- Swift Dezire(Oct. 2015) MH-03-BC-4260 225,000.00 27 DAKSH TOURS & TRAVELS Maruti Suzuki -Ritz-VDI (Jan 2015) MH-04-GD-3539 162,000.00 28 ABDULMAJID IBRAHIM SHAIKH Hyundai I10 (April 2016) MH-03-AT-5693 225,000.00 29 KOLI TRAVELS Maruti Wagon R LXI CNG (K-Series) MH-43-D-8933 202,500.00 (Dec 2014) 30 SHAIL SAMPURNANAND TRIPATHI Hyundai I10 (Sept. 2015) MH-01-BT-6515 202,500.00 31 BALKRISHNA KONDAJI GOPALE Hyundai I10 D Lite5STR(Nov. 2015) MH-03-AT-5228 225,000.00 Date of Inspection Last Date of Submission of Tender Date of Auction March 23, 2019 to March 26, 2019 March 26, 2019 Upto 4.00 PM March 28, 2019 From 11.00 am to 1.00 p.m. From 11.00 am to 4.00 pm (with unlimited extension of 5 mins) Terms & Conditions 1. The sale of Secured Assets is on “as is where is basis”, “as is what is basis”, “whatever there is basis” and “no recourse basis” for and on behalf of the Secured Creditors viz.: IDBI Bank Ltd. All statutory liabilities / taxes / maintenance etc., outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder. Bank does not take any responsibility to provide information on the same. 2. The sale would be conducted through E-Auction platform at website www.auctiontiger.net through e-auction service provider M/s E- Procurement Technologies Ltd 3. The aforesaid Vehicle(s) shall not be sold below the reserve price mentioned above 4. The bidder is required to submit the Earnest Money Deposit (EMD) by way of RTGS/ NEFT in favour of IDBI Bank Limited along with the bid. EMD will be 10 percent of the Reserve Price. Separate bid/ EMD to be submitted for each vehicle. 5. The EMD will not carry interest. The Bank may retain EMD of top three bidders upto 3 months from the date of opening of the bids. 6. The successful bidder/ purchaser will be required to deposit 25% of the sale price (less the amount of EMD deposited) at the time of confirmation of sale. The balance amount of the sale price is to be paid within 7 days of the confirmation of the sale or such extended period as may be agreed to by the Bank. In case of failure to deposit the balance amount within the prescribed period, the deposited amount shall be forfeited, including earnest money/ EMD and the hypothecated vehicle shall be resold and the defaulting purchaser shall forfeit all claims to the hypothecated vehicle or any of the sum for which it may be subsequently sold. 7. The Bank is not bound to accept the highest bid and the Bank reserves the right to accept or reject any or all bids without assigning any reason(s). In case the bids are rejected, the Bank reserves the right to sell the assets by any mode, including through dealers. 8. The hypothecated vehicle mentioned hereinabove are based on the charges created by the Borrower in favour of secured creditor namely IDBI Bank. Interested bidder/ parties are requested to verify the details of the hypothecated vehicle and inspect the records relating to hypothecated vehicle available with the Bank on request. 9. The Bank does not take responsibility for any errors/ omissions/ discrepancy/ shortfall etc. in the hypothecated vehicle or for procuring any permissions etc. or for the dues of any authority established by law. 10. The hypothecated vehicle is being sold free from charges and encumbrances of IDBI Bank only. 11. The successful bidder would be required to bear all the necessary charges/ fees, expenses for conveyance like stamp duty, registration expenses, tax liabilities, insurance if any etc. for transfer of hypothecated vehicle. 12. The bidder shall submit their sufficient and acceptance proof of identity, residence, authority, PAN/ TAN cards/ Aadhar card etc. with the EMD/ Bid. 13. The Bid Document , which contains the detailed terms and conditions of sale, bid forms etc may be obtained from our branch office at IDBI Bank, Mittal Court, A Wing, 2nd Floor, Nariman Point, Mumbai 400021 free of charge , on all working days or can be downloaded from IDBIs website www.idbibank.com and https://idbi.auctiontiger.net. 14. For inspection of the vehicles from Lot. no. 1to 4, kindly contact (M) 9689603701, (M) 8600692348 at Trinity Enterprises Sr. no. 145 164 168 Hissa no. 1 and 2 behind Waltain Hotel Mumbai Ahmadabad Highway Sasupada Naigaon Vasai Dist Palghar 401208 Land Mark Indian Oil Petrol Pump and for vehicles mentioned under Lot. no. 5 to 32 kindly contact (M) 8652883956, (M) 9969786683, (M) 9820995439 at MMRDA Parking, Behind Trident Hotel, BKC, Mumbai 400051. Vehicles may be inspected between the period 23.03.2019 to 26.03.2019. 15. Interested parties may contact Shri Kanet D’souza, Authorised Officer, IDBI Bank Ltd., ((T)+91 022 61279342, (email) [email protected] or Shri. Pankaj Kumar, (T) +91 022 61279348 , ( email) [email protected] and Shri. Rajesh D. Bobhate, (T) 022 61279219, (email) [email protected] and Shri. Angshuman Haldar, (T) 022 62246860, (email) [email protected] 16. This is also a notice to the above borrowers about holding of auction sale of the vehicle. Sd- Place: Mumbai Authorised Ofcer Date: February 26, 2019 IDBI Bank Ltd. size : 12x27.
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