Nodal Regional Office, Ernakulam 2Nd Floor , Union Bank Bhavan, M G Road, Cochin 682035 Phone: 0484 2385 /0484 2385229/0484 2385201 Nro/Ekm/Crld/ /2019
NODAL REGIONAL OFFICE, ERNAKULAM 2ND FLOOR , UNION BANK BHAVAN, M G ROAD, COCHIN 682035 PHONE: 0484 2385 /0484 2385229/0484 2385201 NRO/EKM/CRLD/ /2019. Date:21.08.2019. E- AUCTION SALE NOTICE Notice is hereby given to the public in general and to the Borrower/s and Guarantor/s in particular by the Authorized Officer, that the under mentioned property mortgaged to Union Bank of India, Binanipuram Branch, taken possession under the provision of Section 13(4) of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, will be sold by E- Auction as mentioned below for recovery of under mentioned dues and further interest, charges and costs etc, as detailed below. The property is being sold on “AS IS WHERE IS WHATEVER THERE IS AND WITHOUT RECOURSE BASIS” as such sale is without any kind of warranties and indemnities. The under mentioned property will be sold by “Online E- Auction through website: https://ubi.auctiontiger.net on 27.09.2019 for recovery of a total amount of Rs.3,54,18,992 -/- (Rupees Three Crore Fifty Four lakhs Eighteen Thousand Nine Hundred and ninety two only ) is outstanding as on 31.07.2019 with further interests and expenses from 01.08.2019 in the Account of M/s.Karthik Constructions with our Binanipuram Branch. Reserve Price : Item No.I:- Rs.23,00,000/- (Rupees Twenty three lacs only) Item No.II:- Rs.30,00,000/- (Rupees Thirty lacs only) Item No.III:- Rs.82,00,000/-(Rupees Eighty two lacs only) Earnest Money Deposit(EMD) : Item No.I:- Rs.2,50,000/-(Rupees Two lacs fifty thousand only) Item No.II:- Rs.3,00,000/-(Rupees Three Lacs only) Item No.III:- Rs.8,50,000/- (Rupees Eight lacs fifty thousand only) Last date of submission of bids : 26.09.2019 Bid Increment amount : Rs.25,000/-, Rs.50,000/- and Rs.1,00,000/- for items No.I, II and III respectively.
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