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E-Auction Sale Notice

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E-Auction Sale Notice ASSET RECOVERY MANAGEMENT BRANCH JASMINE MANSION, I FLOOR, J C ROAD, BANGALORE – 560 002 PH: 22485024 (GEN), 22485027 (Cabin/Fax), Mob: 9449860166, E-Auction Sale Notice AUCTION SALE NOTICE OF IMMOVABLE PROPERTIES THROUGH E-AUCTION [ONLINE AUCTION] UNDER RULES 8[6] AND 9 OF THE SECURITY INTEREST [ENFORCEMENT] RULES 2002. Notice is hereby given to the effect that the immovable property described herein, taken possession under the provisions of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 and Security Interest (Enforcement) Rules 2002, will be sold by inviting tenders on the following terms and conditions 1. Names and Address of the Secured Canara Bank Creditor ARM-3 Branch J.C.Road. Bangalore : 560002 Mobile No.9449860166 2. Names and Address of the M/s Srinidhi Packaging Borrower Prop: Mr.R.Ashok Kumar No.24/3, Kodigehalli, Kadugodi Post, Bengaluru: 560 06 7 - Borrowers R.Ramesh S/o Mr.T.Rajaram Reddy No.36, Kodigehalli Kadugodi Post Bengaluru: 560 067 - Guarantor Mr.T.Rajaram Reddy S/o Tippa Reddy No.36, Kodigehalli Kadugodi Post Bengaluru: 560 067 - Guarantor 3 Total Liabilties as on 26.11.2020 Rs.10,62,21,945.37 [Rupees Ten crore sixty two lakhs twenty one thousand nine hundred forty five and thirty seven paise only] along with future interest and costs till date of payment. 4 Last date and Time of Receipt of 28.12.2020 upto 4:00pm Online Tender 5 Address in which the online tender The Authorised officer, to be submitted Canara Bank, Asset Recovery Management Branch, Jasmine Mansion, Ist Floor, J.C. Road, Bangalore-560002 Ph: 22485024(GEN), 22485027(Cabin/Fax), Mob:9449860166 Email id:[email protected] 6 Date and Time of E-auction (with 30-12-2020 between 11:00 am to 12:00 pm unlimited extension of 5 minutes duration on each bid) 6a Portal for E-auction https://canarabankauctiontiger.net 6 b) Details of Property: All that piece and parcel of immovable property bearing portion of land in Sy.24/3 along with RCC godown buildings and fixtures situated at Kodigehalli village, K.R.Puram Hobli, Bengaluru East Taluka measuring 27.9 guntas and bounded on East by Property belonging to Sri.Rajashekar West by 15 ft road South by Remaining portion of the same land in Sy.No.24/3 conveyed to Sri Ramesh North by Cart Track RESERVE PRICE: Rs.1,70,00,000/- [Rupees One crore seventy lakhs only] EMD: Rs.17,00,000/- [Rupees Seventeen lakhs only] 7. Other terms and conditions: The auction sale will be online E-auction through the websitehttps://canarabank.auction tiger. net. a) The properties will be sold in “As is where is & as is what is” condition including encumbrances, if any. b) The property can be inspected on 24.12.2020 between 2:00 PM to 4:00 pm with prior appointment. c) The properties will not be sold below the Reserve Price and the participating bidders may improve their offer further during auction process. Auction would commence at Reserve Price, but bidders shall improve their offers in multiples of Rs.1,00,000/- (Rupees One lakh only). d) Intending bidders shall hold a valid digital signature certificate and e-mail address.For details with regard to digital signature please Contact Mr. Pratap Kanjilal and DD Pakhare,MobileNo.9832952602/9911293517/8898418010/080-23469665/9480691777, Email Id: [email protected]/[email protected], Office Address is: Canbank Computer Services Ltd, No.218, JP Royale, Ist Floor,Sampige Road,2nd Main,Malleswaram,Bengaluru-560003. e) Further, it is for the kind information that the said property is under litigations. [OS250/2010, OS 79/2011, Misc 09/2017] f) Bidders are advised to go through the website https:// canarabank.auctiontiger.net.for detailed terms and conditions of auction sale before submitting their bids and taking part in E-auction proceedings. g) Prospective bidders if required may avail online training on E-auction from Canbank Computer Services Limited. h) EMD shall be deposited by way of DD favouring the Authorised officer,Canara Bank ,ARM Branch or through online (RTGS/NEFT/Fund Transfer) to credit the A/c no. 04123020000023 , Canara Bank, ARM Branch, J.C. Road , IFS Code SYNB0000412 before submitting bids online. i) Bids shall be submitted through online with relevant details. j) A copy of the bid form along with enclosure submitted online shall be forwarded to the Authorised officer, Canara Bank, Asset Recovery Management Branch, Jasmine Mansion, Ist Floor, J.C. Road, Bangalore-560002, Ph: 22485024(GEN), 22485027(Cabin/Fax),Mob:9449860166,Email id: [email protected] immediately. k) Sale shall be confirmed in favour of the successful bidder, subject to confirmation of the same by the secured creditor. l) The successful bidder/s shall deposit 25% of the sale price (inclusive of EMD already paid), immediately on declaring him/her as the successful Bidder and the balance within 15 days from the date of confirmation of sale by the secured creditor. If the successful bidder fails to pay the sale price within the period stated above, the deposit made by parties shall be forfeited. m) All charges for conveyance, stamp duty and registration charges and TDS amount as per the provisions of the Income Tax Act etc., as applicable shall be borne by the successful bidder/s only. n) It is not within the Knowledge of the bank about any taxes, revenue/dues to any local authority and any/all such taxes, revenue/dues to any local/statutory authority, if any, as applicable shall be borne by the successful bidder/s only. o) Authorized officer reserves the right to postpone/cancel or vary the terms and conditions of the tender without assigning any reason thereof. p) The intending bidder/s shall also attach a copy of the PAN Card issued by the Income Tax department and his/her identity proof and the proof of residence such as copy of the Passport , Driving License etc. Contact Person: Canara Bank, M/s Canbank Computer Services Limited. Asset Recovery Management Branch, Contact Person: Mr.Pratap Kanjilal &DD Jasmine Mansion, Ist Floor, Pakhare, J.C. Road, Bangalore-560002 Mob:9832952602/9911293517/8898418010/08 0-23469665/9480691777 Contact Person: Mr. Ravi Prasad Naik, Email AGM, Id:[email protected]/[email protected] Ph: 22485024(GEN), m 22485027(Cabin/Fax), Website: https://canarabank.auctiontiger.net Mob: 9449860166 Email id: armb. Bangalore @ syndicatebank.co.in Date : 27.11.2020. Place : Bangalore Authorized Officer Canara Bank .
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