Indian Overseas Bank Phone No: 033- 2212 4053 Asset Recovery Management Branch No.3, Chowringhee Approach Kolkata – 700 072 Date:17.12.2019
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Indian Overseas Bank Phone No: 033- 2212 4053 Asset Recovery Management Branch No.3, Chowringhee Approach Kolkata – 700 072 Date:17.12.2019 SALE NOTICE FOR SALE OF IMMOVABLE ASSETS ( under Proviso to Rule 8(6) of the Security Interest (Enforcement) Rules) To, M/S LINUS AGROVENTURES M/S LINUS AGROVENTURES PVT. 1. Mr Anjan Ray PVT. LTD. LTD. s/o Late Sunil Roy 11/1A/3 EAST TOPSIA ROAD VPO –GHOSHPUR, MOUZA – MIG Housing Estate TILJALA RADHANAGAR, AVIRAMPUR, P.S. Flat No. H – 4 KOLKATA - 700046 HAROA, 24 PARGANAS NORTH 25/3 Raja Manindra (Borrower) PIN – 743 502, WEST BENGAL Road, Kolkata – 700 (Borrower/Mortgagor) 037 11/6 Selimpur Road Dhakuria Kolkata – 700 031 ( Guarantor) 2. Mr Amit Roy 3. Mr Chandan Majumder 4. M/s Subhlabh S/o Late Salil Roy S/o Late Jogesh Vinimay Pvt. Ltd. 74, Lake Avenue Chandra Majumder 5A Earle Street Kolkata – 700 026 129 Vivekananda Sarani Ground Floor Indrani Apartment Kolkata – 700 026 Fort Oasis Flat No D1, D2 Garfa Flat No. 402 Kolkata – 700 078 144A Jamunalal Bajaj Block 7 Street 35 Panditia Road BB 204, Ashabari Housing Kolkata – 700 007 Kolkata – 700 026 Comlex (Guarantor) (Guarantor) Patuli Township Kolkata – 700 094 (Guarantor) 5. M/s Alishan Estates Pvt. Ltd. Room No. 212, Martin Burn House, 2nd Floor 1, R.N.Mukherjee Road Kolkata – 700 001 (Guarantor) E-Auction Sale Notice for Sale of immovable Assets under the Securitization and Reconstru- ction 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 Possession of which has been taken by the Authorised Officer of Indian Overseas Bank, Secured Creditor, will be sold on,”As is where is’’, “As is what is” and “whatever there is’’ on 21.01.2020 for recovery of Rs 69,78,42,830/-(Rupees Sixty Nine Crores Seventy Eight lacs Forty Two Thousand Eight Hundred Thirty) payable together with further interest at contractual rates and rests along with costs, charges etc till date of repayment due to the India Overseas Bank, Secured Creditor from M/S LINUS AGROVENTURES PVT LTD(Borrower) and Shri Anjan Roy , Mr Amit Roy , Mr Chandan Majumdar , M/S SubhlabhVinimoy Pvt Ltd and M/S Alishan Estates Pvt Ltd all Guarantors . The Reserve Price will be Rs.2,48,34,259/- and the Earnest Money Deposit will be Rs.24,83,500/- DESCRIPTION OF THE IMMOVABLE PROPERTY : 1. Premises No.20/1 F, East Topsia Road, ward no. 66 Mouza- Tangra J.L. No. 5 C.S Dag No.537 Khatian No. 210, District- South 24 parganas, P.S Tiljala (Formarly- Jadavpur ) Kolkata-700039 In the name of M/s Alishan Estates Pvt Ltd. Area – 6 cottah 2 Chittak 27 Sqft = 6.1625 Cottah (Approx) Boundaries of the property : On the North – By KMC main Road ; On the South -By 20/1 East Topsia Road. On the East -By 11/1A/1D, East Topsia Road. On the West -By 22 East Topsia Road. Authorised officer Encl: 1. E-auction notice containing terms and conditions 2. Proposed paper publication of E-auction notice. For detailed terms and Conditions of the sale, please refer to the link provided in Indian Overseas Bank , Secured Creditors website , i.e. www.iob.in (http://iob.auctiontiger.net). Date : 17.12.2019 Authorised Officer ----------------------------------------------------------------------------------------------------------------------------- ---------- This may be treated as a notice under Rule 8(6)/ Rule 9(1) of Security Interest (Enforcement ) Rules ,2002 to the borrower/s and guarantor/s of the said loan about holding of e-auction on the above mentioned date. Indian Overseas Bank Phone No: 033- 2212 4053 Asset Recovery Management Branch No.3, Chowringhee Approach Kolkata – 700 072 Date: 17.12.2019 PUBLIC NOTICE FOR E- AUCTION FOR SALE OF IMMOVABLE PROPERTIES Sale of immovable property lies mortgaged to Bank under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (No.54 of 2002) whereas, the Authorized Officer of Indian Overseas Bank has taken possession of the following property pursuant to the notice issued under Section 13(2) of the Security Interest (Enforcement) Rules 2002 in the following loan account with right to sell the same on “As Is Where Is”, “As Is What Is”and ‘’Whatever There Is‘’Basis for realization of Bank's dues plus interest & costs as detailed hereunder and whereas consequent upon failure to repay the dues, the undersigned in exercise of power conferred under Section 13(4) of the said Act proposes to realize the Bank's dues by sale of the said property. The sale will be done by the undersigned through e auction platform provided at the Web Portal (https://iob.auctiontiger.net ) 1. Name & address of the Borrower a)M/s Linus Agroventures Pvt. Ltd., 11/1A/3 East Topsia Road, Tiljala, Kolkata – 700 046 & VPO – Ghoshpur Mouza Radha Nagar, Avirampur, P.S. Haroa, 24 Parganas North , PIN – 743 502 2. Name & address of the Guarantors: (a)M/s Subhlabh Vinimay Pvt. Ltd.,5A Earle Street, Ground Floor, Kolkata – 700 026, (Guarantor) (b)M/s Alishan Estates Pvt. Ltd., Room No. 212, Martin Burn House, 1, R.N.Mukherjee Road , Kolkata – 700 001. (Guarantor and mortgagor) (c)Mr Anjan Ray, s/o Late Sunil Roy, MIG Housing Estate, Flat No. H – 4, 25/3 Raja Manindra Road, Kolkata – 700 037. (Guarantor) (d)Mr Amit Roy, S/o Late Salil Roy, 74, Lake Avenue, Kolkata – 700 026 , (Guarantor) (e)Mr Chandan Majumder, S/o Late Jogesh Chandra Majumder ,129 Vivekananda Sarani, Indrani Apartment, Flat No D1, D2 Garfa, Kolkata – 700 078 (Guarantor) 3.Date of NPA: 30.06.2015 4.Date of Demand notice: 28.03.2016 5.Dues claimed in Demand Notice: Rs.45,04,18,235/- as on 28.03.2016 with further interest & costs 6.Date of possession notice:27.07.2016 7.Dues claimed in Possession Notice: Rs. 45,04,18,235/- as on 28.03.2016 with further interest & costs *Outstanding dues Rs Not Known. of Local Self Government(Property Tax, Water sewerage ,Electricity Bill etc ) DESCRIPTION OF THE IMMOVABLE PROPERTY : 1.Premises No.20/1 F, East Topsia Road, ward no. 66 Mouza- Tangra J.L. No. 5 C.S Dag No.537 Khatian No. 210, District- South 24 parganas, P.S Tiljala (Formarly- Jadavpur ) Kolkata-700039 In the name of M/s Alishan Estates Pvt Ltd. Area – 6 cottah 2 Chittak 27 Sqft = 6.1625 Cottah (Approx) Boundaries of the property : On the North – By KMC main Road ; On the South -By 20/1 East Topsia Road. On the East -By 11/1A/1D, East Topsia Road. On the West -By 22 East Topsia Road. Reserve price Rs.2,48,34,259/- Date & Time of auction: On 21.01.2020 from 11.00 A.M to 01.00 P.M EMD: Rs.24,83500/- Bid increase amount : Rs. 50,000/- Auto extension time: 5 minutes Known Encumbrance if any: Nil Inspection Date& Time: 05.01.2020 from 12.00 p.m. to 2.00 p.m. *Bank‟s dues have priority over the Statutory dues For terms and conditions Please visit: https://www.iob.in/e-Auctions.aspx https://www.publishtenders.gov.in https://iob.auctiontiger.net . (web portal of e-auction of service provider) -Sd- Date: 17.12.2019 Authorised Officer Place:Kolkata Indian Overseas Bank Indian Overseas Bank Phone No:033- 2212 4053 Asset Recovery Management Branch No.3, Chowringhee Approach Kolkata – 700 072 Date : 17.12.2019 E-AUCTION SALE NOTICE SALE OF IMMOVABLE PROPERTY MORTGAGED TO THE BANK UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 Whereas M/s Linus Agroventures Pvt. Ltd., has borrowed monies from Indian Overseas Bank against the mortgage of the immovable properties more fully described in the schedule hereunder and on upon classification of the account as NPA, the Bank has issued a demand notice under Section 13(2) of the SARFAESI Act, 2002 (Act) on 28.03.2016 calling upon the borrowers M/s. LINUS AGROVENTURES PVT. LTD. and the guarantors namely Mr Anjan Roy, Mr Amit Roy, Mr. Chandan Majumdar, M/s Alishan Estates Pvt. Ltd and M/s Subhlab Vinimay Pvt. Ltd. to pay the amount due to the Bank, being Rs.45,04,18,235/-( Forty five crore four lakh eighteen thousand two hundred thirty five only ) as on 28.03.2016 payable together with further interest at contractual rates and rests along with costs, charges etc till date of repayment within 60 days from the date of receipt of the said notice. Whereas the borrowers & guarantors having failed to pay the amount dues in full to the Bank as called for in the said demand notice, the Bank has taken possession of the secured assets more fully described in the schedule hereunder on 27.07.2016 under Section 13 (4) of the Act with the right to sell the same in “As is where is”, “As is what is”and “Whatever there is” basis under Section13(4) of the Act read with Rules 8 &9 of the Security interest (Enforcement) Rules, 2002 for realization of Bank’s dues. The dues to the Bank as on the date of taking possession was intimated as Rs.45,04,18,235/-(Rupees Forty Five Crores Four Lacs Eighteen Thousand Two Hundred Thirty Five Only) as on 28.06.2016 payable together with further interest at contractual rates and rests along with costs, charges etc till date of repayment, after reckoning repayments, if any, since the date mentioned in the demand notice.