Sale Notice for Sale of Movable & Immovable Properties
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Branch Office: Dhariawad, Distt.- Pratapgarh (Raj.) Mob.: 8875006656, E-mail Id: [email protected] APPENDIX-II-A[See proviso to rule 6(2)] & APPENDIX-IV-A [See proviso to rule 8(6)] Sale Notice For Sale of Movable & Immovable Properties (1) Date of Inspection 01.03.2019 (2) Last Date of submission of Earnest Money Deposit (EMD) and KYC Documents 04.03.2019 before 4:00 PM (3) Date of E-Auction 06.03.2019 E-Auction Sale Notice for Sale of Movable &Immovable Assets under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with proviso to Rule 6(2) & 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 movable & immovable property hypothecated/pledged/charged/mortgaged to the Secured Creditor, the Constructive possession of which has been taken by the Authorised Officer of Bank of Baroda, Dhariawad Branch Pratapgarh Secured Creditor, will be sold on “As is where is”, “As is what is”, and “Whatever there is basis” on 06.03.2019, for recovery of Bank dues as per details mentioned hereunder: Reserve Description of Secured Assets Price Date of Demand Date & Name & Address of the with Name of Hypothecated/ Earnest Notice & Amount/ Time of Borrower/ Guarantor/ Mortgagors (Owner of Money Present E- Mortgagor Properties) Deposit Outstanding Auction Amount M/s. Mateshawari Hypothecation of Stone Cresing 15.01.2016 Crushing Unit Plant, Machineries and Stock i.e. Rs. 19,07,602.00 as 06.03.2019 Proprietor Shri Stone, Gitty. on 31.12.2015+ & Dasharath Singh Equitable Mortgage of Converted Rs. further interest, Time: Shekhawat S/o Shri Land situated at Village Lohagarh, 5.70 Cost and expenses 12:00 Hanuman Singh Tehsil Dhariawad, District Lac thereon until the Noon to Shekhawat Pratapgarh, Rajasthan Area payment in full 1:00 Address: Unit at Village Measruring 1000 Sq. Metre in the Rs. 18,12,000.00 as PM Lohagarh, Tehsil name of Shri Dasharath Singh Rs. on 18.01.2019 + Dhariawad, District Shekhawat S/o Shri Hanuman 0.57 further interest, Pratapgarh (Raj.) & SinghShekhawat Bounded by: Lac Cost and expenses Address: R/o- Nai North: Land of Bhera, Rama, thereon until the Colony, Udaipur Road, Bherki & Others, South: Hojiy, payment in full Dhariawad, District- Keriya S/o Geriya, East: Pratapgarh (Raj.) Dhariawad- Talapur Road, West: Land of Bhera, Rama, Bherki & Others For detailed terms and conditions of the sale, please refer to the link provided in Bank of Baroda Secured Creditor’s website i.e. https://www.bankofbaroda.com/e-auction.htm and also portal https://bob.auctiontiger.net & contact the Authorised Officer Shri N. V. Nandukar, Lead District Manager, Bank of Baroda, Pratapgarh, Contact no. 8875006664 Sd/- Place: Pratapgarh Authorised Officer Date: 22.01.2019 Bank of Baroda Terms and Conditions 1. The e-Auction is being held on “As is where is”, “As is what is”, and “Whatever there is basis” with all the known and not known encumbrances. The details shown above are as per the record available with the bank, the auction bidder should satisfy himself about the actual measurement and position of the property. The actual measurement and position of the property may differ and the Authorized Officer will not be held responsible for that. 2. Earnest Money Deposit (EMD) amount as mentioned above shall be paid through Banker's Cheque/Demand Draft issued by a Scheduled Commercial Bank drawn in favor of “Bank of Baroda, Dhariawad Branch” payable at Pratapgarh OR to be remitted through RTGS/NEFT for credit of account of Bank of Baroda, detailed hereunder. Payment of EMD by any other mode such as Cheques/Cash will not be accepted. Bidders, not depositing the required EMD, will not be allowed to participate in the E-Auction. The Earnest Money Deposited shall not bear any interest. The intended bidders can deposit the EMD in: Account Name: Intermediary Account Account no.: 32000015181219 IFSC Code: BARB0(Zero)DHARIA Name of Bank: Bank of Baroda, Dhariawad Branch Pratapgarh on or before 04.03.2019 before 4:00 PM. 3. For taking part in E-Auction Application/Process Compliance Form and other KYC documents along with Draft/Banker’s Cheque/details of above mentioned RTGS/NEFT remittance pertaining to EMD are required to be deposited in a closed cover with Authorized Officer within above mentioned schedule. The envelope should be super-scribed “Application for taking part in e Auction A/c:-“M/s. Mateshawari Crushing Unit”. 4. The successful bidder shall have to deposit 25% (twenty five percent) of the bid amount, less EMD amount deposited, latest by the next working day and the remaining amount shall be paid within 15 days from the date of auction in the form of Banker's Cheque /Demand Draft issued by a Scheduled Commercial Bank drawn in favour of “Bank of Baroda, Dhariawad Branch” Payable at Pratapgarh OR to be remitted through RTGS/NEFT for credit of account of Bank of Baroda, In case of failure to deposit the amounts as above within the stipulated time, the amount deposited by successful bidder will be forfeited by the Bank and Authorized Officer shall have the liberty to conduct a fresh auction/sale of the property & the defaulting bidder shall not have any claim over the forfeited amount and over the property. 5. Payment of sale consideration by the successful bidder to the bank will be subject to TDS under Section 194 – 1A of Income Tax Act 1961 and TDS is to be made by the successful bidder only at the time of deposit of remaining 75% of the bid amount (If not applicable then please delete it). 6. On receipt of the entire sale consideration, the Authorized Officer shall issue the Sale Certificate as per rules. 7. All expenses relating to stamp duty and registration of Sale Certificate, if any, shall be borne by the successful bidder. 8. The Authorized Officer/Bank has the absolute right to accept or reject any bid or adjourn/postpone/ cancel the sale without assigning any reason therefore. 9. The Sale shall be subject to rules/conditions/prescribed under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. 10. Bidding Platform is: https://bob.auctiontiger.net (Also on Auction Tiger Mobile App), for E-Auction service will be provided by our E-Auction service provider M/s E-Procurement Technologies Limited- Auction Tiger, B-704, Wall Street-II, Opp. Orient Club, Near Gujarat College, Ellis Bridge, Ahmedabad- 380006 Gujarat (India)Contact Person Mr. Tilak Maratha +91 6351896832, Help Line No. 079-61200546/540/517/515/530/595, E-mail: [email protected] & [email protected]. The intending Bidders/Purchasers are required to participate in the E-Auction process at E-Auction Service Provider’s website https://bob.auctiontiger.net. This Service Provider will also provide demonstration/training on E-Auction, if required, to the bidders who have deposited EMD with the Authorized Officer. 11. The Sale Notice containing the General Terms and Conditions of Sale is available/published on the following websites/ webpage portal. (1) https://www.bankofbaroda.com/e-auction.htm (2) https://bob.auctiontiger.net 12. The intending participants of E-Auction may download free of cost, copies of the Sale Notice, Terms & Conditions of E-Auction, Help Manual on operational part of E-Auction & Process Compliance Form related to this E-Auction from above mentioned web sites/web site of service provider M/S E- Procurement Technologies Limited (Auction tiger). 13. Interested bidders may first login on above mentioned E-Auction portal of the Service Provider & on line register as one of the participants for E-Auction, download Process Compliance Form (PCF) & after filling it (PCF) properly may submit the same along with EMD with the Authorised Officer as specified above OR intending Bidder may first directly approach the Authorized Officer, obtain blank PCF and fill it properly and submit it along with EMD with the Authorized Officer as specified above and then visit/log in on above mentioned E-Auction portal of the Service Provider for online registration as one of the participants for E- Auction. 14. Process Compliance Form should be properly filled in & signed by the authorized person of the bidder only. It must contain i) Name ii) Address iii) valid e-mail id and Mobile No., Contact No. (registered/to be registered with above referred E-Auction Website ) 15. During the E-Auction bidders will be allowed to offer higher bid in inter-se bidding over and above the last bid quoted and the minimum increase in the bid amount must be of Rs. 0.25 Lac to the last higher bid of the bidders. Five minutes time will be allowed to bidders to quote successive higher bid and if no higher bid is offered by any bidder after the expiry of Five minutes to the last highest bid, the E-Auction shall be closed. 16. Intending Bidders are advised to properly read the Sale Notice, Terms & conditions of E-Auction, Help Manual on operational part of E-Auction and follow them strictly. 17. In case of any difficulty or assistance is required before or during E-Auction process they may contact authorized representative of our E-Auction Service Provider (Mr. Tilak Maratha Mob:+91 6351896832) 18. After finalization of E-Auction by the Authorized Officer, only successful bidder will be informed by our above referred service provider through SMS/email.( on mobile no/email address given by them/registered with the service provider).