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CANARA BANK ARM Branch, 1St Floor, Bandar Road, Patamata, Vijayawada – 520010

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CANARA BANK ARM Branch, 1St Floor, Bandar Road, Patamata, Vijayawada – 520010 (Auction Sale Notice for Sale of Immovable Properties) CANARA BANK ARM Branch, 1st floor, Bandar road, Patamata, Vijayawada – 520010 (A GOVERNMENT OF INDIA UNDERTAKING) Ref: 0605.261.10480 SN Date: 03.11.2020 SALE NOTICE E-Auction Sale Notice for Sale of Immovable Properties under the Securitization 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 symbolic possession of which has been taken by the Authorized Officer of Guntur Main branch of Canara Bank will be sold on “As is where is”, “As is what is”, and “Whatever there is” on 30.11.2020 , for recovery of Rs. 368.16 lakhs ( Rupees Three Crore Sixty Eight Lacs Sixteen Thousand only) due to the ARM branch, Vijayawada of Canara Bank from M/s Lakshmi Cotton Traders represented by its proprietor Smt K Lavanya w/o K Viswanatham The reserve price for the properties will be Rs. 4.32 lakhs with EMD amount of Rs. 43,200/- (For property no.1), Rs. 4.35 lakhs with EMD amount of Rs. 43,500 /- (For property no.2), Rs. 4.31 lakhs with EMD amount of Rs. 43,100/- (For property no.3), Rs. 4.30 lakhs with EMD amount of Rs. 43,000/- (For property no.4), Rs. 4.37 lakhs with EMD amount of Rs. 43,700/- (For property no.5), Rs. 4.10 lakhs with EMD amount of Rs. 41,000/- (For property no.6), Rs. 4.45 lakhs with EMD amount of Rs. 44,500/- (For property no.7), Rs. 4.45 lakhs with EMD amount of Rs. 44,500/- (For property no.8), Rs. 4.41 lakhs with EMD amount of Rs. 44,100/- (For property no.9), Rs. 4.40 lakhs with EMD amount of Rs. 44,000/- (For property no.10), Rs. 8.00 lakhs with EMD amount of Rs. 80,000/- (For property no.11) & Rs. 9.52 lakhs with EMD amount of Rs. 95,200/-(For property no.12). The Earnest Money Deposit shall be deposited on or before 26.11.2020 at 4.30 pm. Details and full description of the immovable properties with no encumbrances to the knowledge of the bank: Property no.1: Residential plot bearing no. 47 admeasuring 192 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5774/2015 Bounded: East: Land of others North: Plot no. 48 West: 33 ft wide road South: Plot no. 46 Property no.2: Residential plot bearing no. 48 admeasuring 193 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5777/2015 Bounded: East: Land of others North: Plot no. 49 West: 33 ft wide road South: Plot no. 47 Property no.3: Residential plot bearing no. 46 admeasuring 191 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5769/2015 Bounded: East: Land of others North: Plot no. 47 West: 33 ft wide road South: Plot no. 45 Property no.4: Residential plot bearing no. 45 admeasuring 190 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5770/2015 Bounded: East: Land of others North: Plot no. 46 West: 33 ft wide road South: Plot no. 44 Property no.5: Residential plot bearing no. 49 admeasuring 194 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5772/2015 Bounded: East: Land of others North: Plot no. 50 West: 33 ft wide road South: Plot no. 48 Property no.6: Residential plot bearing no. 54 admeasuring 182 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5780/2015 Bounded: East: Land of others North: Property of Aravapalli Krishna West: 33 ft wide road South: Plot no. 53 Property no.7: Residential plot bearing no. 52 admeasuring 197 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5773/2015 Bounded: East: Land of others North: Plot no. 53 West: 33 ft wide road South: Plot no. 51 Property no.8: Residential plot bearing no. 53 admeasuring 197 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5775/2015 Bounded: East: Land of others North: Plot no. 54 West: 33 ft wide road South: Plot no. 52 Property no.9: Residential plot bearing no. 51 admeasuring 196 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5771/2015 Bounded: East: Land of others North: Plot no. 52 West: 33 ft wide road South: Plot no. 50 Property no.10: Residential plot bearing no. 50 admeasuring 195 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5776/2015 Bounded: East: Land of others North: Plot no. 51 West: 33 ft wide road South: Plot no. 49 Property no.11: ITEM No.1: Residential plot bearing no. 32 admeasuring 177 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5779/2015 Bounded: East: Land of others North: Plot no. 33 West: 33 ft wide road South: Plot no. 31 ITEM No.2: Residential plot bearing no. 33 admeasuring 178 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5779/2015 Bounded: East: Land of others North: Plot no. 34 West: 33 ft wide road South: Plot no. 32 Property no.12: ITEM No.1: Residential plot bearing no. 28 admeasuring 223 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5778/2015 Bounded: East: Land of others North: Plot no. 29 West: 33 ft wide road South: Donka ITEM No.2: Residential plot bearing no. 10 admeasuring 200 sq. yards located at D No. 573/A3, 463/A & 461/A of Kavuru village, Limgamguntla gram panchayat, Chilakaluripet mandal & sub-district, Narasaropet revenue district, Guntur district standing in the name of Sri Kunisetty Kasi Viswanatham vide sale deed no. 5778/2015 Bounded: East: 33 ft wide road North: Plot no. 11 West: Land of others South: Plot no. 9 For detailed terms and conditions of the sale please refer the link “E-Auction” provided in Canara Bank’s website (www.canarabank.com) or may contact Chief Manager, ARM branch, Vijayawada, Canara Bank, Phone No: 8331011695 during office hours on any working day. Date: 24.08.2020 Authorized Officer Place: Vijayawada Canara Bank DETAILED TERMS AND CONDITIONS OF THE SALE NOTICE DATED 24.08.2020 1. Name and Address of the Secured Creditor : Canara Bank, ARM branch, Vijayawada 2. Name and Address of the Borrower(s)/ Guarantor(s) : M/s Lakshmi Cotton Traders Smt K Lavanya Sri K Kasi Viswanatham A Proprietorship firm w/o K Kasi Viswanatham s/o Pitchaiah Represented by Smt K Lavanya Door No. 5-87-39/2 Door No. 5-87-39/2 Door No. 5-87-39/2 1St floor, Ashok Nagar 1St floor, Ashok Nagar 1St floor, Ashok Nagar 4th lane, Guntur district 4th lane, Guntur district 4th lane, Guntur district Andhra Pradesh – 522004 Andhra Pradesh – 522004 Andhra Pradesh – 522004 3. Total liabilities as on 24.08.2020 : Rs. 368.16 lakhs + interest + other expenses 4. (a) Mode of Auction : Online (b) Details of Auction service provider : M/s C1 India Pvt Ltd (c) Date & Time of Auction : 30.11.2020 & 10.30 AM to 11.30 AM (d) Place of Auction : Vijayawada 5.
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