STATE BANK OF INDIA Stressed Assets Recovery Branch(13165) Madurai. Authorised Officer’s Details:- Address of the Branch: Name: N S Gunasekar No. 8, Dr. Ambedkar Road Mobile: 8300768489 Vinayaga Nagar Branch First Floor E-mail ID of Branch : Madurai – 625 020
[email protected] Phone : 0452 - 2531047 Mobile No: - 9442518983 Landline No. (Office):-0452-2531047, 0452- 2531821 SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES 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 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 to the Secured Creditor, the constructive possession of which has been taken by the Authorised Officer of State Bank Of India, the Secured Creditor, will be sold on “ As is Where is”, As is What is” and Whatever there is” on 20.12.2019, for recovery of Rs.1,94,08,180.15 (Rupees One crore ninety four lakhs eight thousand one hundred eighty and paise fifteen only) dues as on 31.10.2019 and interest from that date and legal and other charges etc., to the secured creditor from Shri S.Alagumalai S/o Solaimalai (Managing Director) and Shri. Uthayasuriyan S/o Alagumalai (Director) as collateral securites for the credit facilities availed by M/s. Azhakumalai Construction (P) Ltd. The reserve price will be Rs.42,03,000/- (Rupees Forty two lakhs and three thousand only) and the earnest money deposit will be Rs.4,20,300/- (Rupees Four lakhs twenty thousand and three hundred only) Short description of the immovable property Item No.