REGIONAL OFFICE KANNUR KVR Tower, Pampan Madhavan Road, Opp. LIC Office, Talap, Kannur Kerala, -670002, Tel: +91-497-2713233/34/35 E-mail:
[email protected] TENDER CUM AUCTION SALE NOTICE WHEREAS the Authorised Officer of the Bank had issued Demand Notice dated 11.07.2016 which was also published in two dailies dated 09.09.2016, addressed to (1) Mr. Denny Varghese, Ezhuthupallikkal House, Melmuringodi P O, Peravoor, Kannur – Pin 670673, the borrower and (2) Mr. Varghese Ezhuthupallikkal, Ezhuthupallikkal House, Melmuringodi P O, Peravoor, Kannur – Pin 670673, Guarantor under section 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as „The Act‟) and has taken possession of the immovable properties, more fully described in the schedule hereunder under Section 13(4) of the Act read with Rule 8 of the Security Interest (Enforcement) Rules, 2002 on 03.01.2017. AND WHEREAS, the borrower/guarantor have failed to pay the amount, Notice is hereby given that the immovable properties more fully described in the Schedule hereunder will be sold by way of Tender Cum Auction on “as is where is” basis and “as is what is” condition, on the date and at the place mentioned herein below for realization of a sum is ₹ 6,17,642/- (Rupees Six Lakhs Seventeen Thousand Six Hundred and Forty Two only) as on 12.03.2017 with further interest and costs, subject to the following terms and conditions: - Name of Property Owner Mr. Denny Varghese, S/o. Varghese Ezhuthupallikkal Description of property All that part and parcel of land admeasuring 0.1821 Hectares/ 18.21 Ares (equivalent to 45 cents) and all other usufructs and improvements thereon comprised in Re-Sy.