4. M/S. Balaji Ginning and Pressing Factory

STATE BANK OF INDIA Authorized Officer’s Details: STRESSED ASSETS MANAGEMENT BRANCH-I, MUMBAI Name: Satyawan Rane e-mail: [email protected] Address of the Branch: The Arcade, 2nd Floor, World Trade Mobile No.: 9819555858 Centre, Cuffe Parade, Colaba, Mumbai-400005 Landline (O): 022 - 2222177671 E-mail ID of Branch:- [email protected]

Annexure-A E-AUCTION SALE NOTICE (Under Symbolic Possession of the Bank)

SALE OF MOVABLE & IMMOVABLE ASSETS CHARGED TO THE BANK UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002.

The undersigned as Authorized Officer of State Bank of India has taken over symbolic possession of the following property/ies u/s 13 (4) of the SARFAESI Act 2002.

Public at large is informed that e-auction (under SARFAESI Act, 2002) of the charged property/ies in the below mentioned cases for realisation of Bank’s dues will be held on “AS IS WHERE IS BASIS and “AS IS WHAT IS BASIS”.

Name of Borrower(s) M/s Balaji Ginning and Pressing Factory Registered Address: Gat No.217/2 at Kasoda, Taluka Erandol, District Jalgaon, Maharashtra-425110

Name of Guarantor(s) 1. Shri Dilip Pandharinath Sonawane (Patil) (Guarantor) 148/3, Maliwada, Paldhi Kh, Taluka Dharangaon District Jalgaon, Maharashtra-425103

2. Smt. Aarti Bhushan Patil (Guarantor) Jugal Palace, Maliwada, Paldhi Kh, Taluka Dharangaon District Jalgaon, Maharashtra-425103

3. Shri Bhushan Dilip Patil (Guarantor) Jugal Palace, Maliwada, Paldhi Kh, Taluka Dharangaon District Jalgaon, Maharashtra-425103

Outstanding Dues Rs.9,24,39,628.06 as on 14.05.2018 + interest at contracted rate till date for Recovery of thereon + expenses less recoveries. which Property/ies is/are Being Sold Name of owner/ Lot 1: M/s Balaji Ginning and Pressing Factory Title Deed Holders Lot 2: Shri Dilip Pandharinath Patil (Sonawane) Lot 3: Shri Dilip Pandharinath Patil (Sonawane) Lot 4: Smt. Aarti Bhushan Patil Lot 5: Smt. Aarti Bhushan Patil Lot 6: Shri Dilip Pandharinath Patil (Sonawane) Lot 7: Shri Dilip Pandharinath Patil (Sonawane), Smt. Aarti Bhushan Patil and Shri Bhushan Dilip Patil

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Lot 8: M/s Balaji Ginning and Pressing Factory

Description of Lot 1: Plant & Machinery and Factory Land & Building situated at Gat Property No.217/2 at Kasoda, Taluka Erandol, District Jalgaon, Maharashtra- 425110, admeasuring 1.12 hectares. [In the name of M/s Balaji Ginning and Pressing Factory]

Lot 2: Plot No.1 to 56 at Gat No.791/1/A/2, near Primary Health Centre, Gaothan Area at Ringangaon, Taluka Erandol, District Jalgaon, Maharashtra-425427, admeasuring 6249.67 sq. mtrs. [In the name of: Shri Dilip Pandharinath Patil (Partner & Personal Guarantor)]

Lot 3: Freehold NA Plot No.1 to 17, Gat No.791/1A/1/1 near Primary Health Centre, Gaothan Area at Ringangaon, Taluka Erandol, District Jalgaon, Maharashtra-425427, admeasuring 3073.72 sq. mtrs. [In the name of: Shri Dilip Pandharinath Patil (Partner & Personal Guarantor)]

Lot 4: Plot No.1 to 74, Gat No.791/1/A/1, near Primary Health Centre, Gaothan Area at Ringangaon, Taluka Erandol, District Jalgaon, Maharashtra-425427, admeasuring 7201.77 sq. mtrs. [In the name of: Smt. Aarti Bhushan Patil (Partner & Personal Guarantor)]

Lot 5: Freehold NA Plot No.1 to 106, Gat No.791/1/1, near Primary Health Centre, Gaothan Area at Ringangaon, Taluka Erandol, District Jalgaon, Maharashtra-425427, admeasuring 11673.94 sq. mtrs. [In the name of: Smt. Aarti Bhushan Patil (Partner & Personal Guarantor)]

Lot 6: Residential row house at CTS 148/3 Paladhi Kh, Taluka Erandol, District Jalgaon, Maharashtra-425427, admeasuring 227.50 sq. mtrs. [In the name of: Shri Dilip Pandharinath Patil (Partner & Personal Guarantor)]

Lot 7: Freehold NA Plot No 1 to 05, 06 to 15, 17, 18, 20 to 23, 31 to 33, and 35 to 37 Gat No.147, Kamalnagar At Wankothe, Taluka Erandol, District Jalgaon, Maharashtra-425427, admeasuring 6040.20 sq. mtrs. [In the name of: Shri Dilip Pandharinath Patil, Smt. Aarti Bhushan Patil (Partners & Personal Guarantors), and Shri Bhushan Dilip Patil (Personal Guarantor)]

Lot 8*: Plant & Machinery situated at Gat No.217/2 at Kasoda, Taluka Erandol, District Jalgaon, Maharashtra-425110. [In the name of M/s Balaji Ginning and Pressing Factory]

* Important: Please note that the bids for Lot 8 will be accepted only if no bids are received for Lot 1.

Reserve Price (RP) Lot 1: Rs.8,19,00,000/- Lot 2: Rs.1,17,00,000/- Lot 3: Rs.58,00,000/- Lot 4: Rs.1,36,00,000/- Lot 5: Rs.2,21,00,000/- Lot 6: Rs.31,00,000/- Lot 7: Rs.1,74,00,000/- Lot 8: Rs.28,00,000/-

Earnest Money Lot 1: Rs.81,90,000/- Deposit (EMD) Lot 2: Rs.11,70,000/-

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Lot 3: Rs.5,80,000/- Lot 4: Rs.13,60,000/- Lot 5: Rs.22,10,000/- Lot 6: Rs.3,10,000/- Lot 7: Rs.17,40,000/- Lot 8: Rs.2,80,000/-

Bid Increment 1. Bid increase amount Rs.5.00 Lac for Lot 1, 2, 3, 4, 5, 7 Amount in multiple of 2. Bid increase amount Rs.2.00 Lac for Lot 6 and 8 Date & Time of Inspection on 26.04.2021 from 2.00 p.m. to 4.00 p.m. Inspection Date & Time of E- E-auction on 29.04.2021 (Thursday) from 2:00 p.m. to 4:00 p.m. auction Date & Time For 28.04.2021 on or before 4:30 p.m. Submission of Request Letter of E-auction site. Participation/ KYC https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp Documents/ Proof of EMD Etc. IMPORTANT: a) The Bidders should get themselves registered on MSTC website at least two working days before the auction date.

b) The Intending bidder should transfer his EMD amount by means of challan generated on MSTC website through NEFT/ RTGS by presenting physical challan at their bank.

c) The Intending bidder should take care that his wallet maintained with MSTC website is reflecting the EMD amount without which the system will not allow the bidder to participate in the e-auction.

E-Auction is being held on “AS IS WHERE IS” and “AS IS WHAT IS BASIS” and will be conducted “On Line”. The auction will be conducted through the M/s. MSTC Ltd at the web portal (https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp).

Contact Persons: Mr. Shri Argha Sengupta-CM, Mob No.09231690249, e-mail id: [email protected], Mr. Sarabani Barai-Manager, Mob.No. 09051077886, e-mail id: [email protected], Mr. Rakesh Ranjan-AM, Mob. No.09911700233, e-mail id: [email protected].

E-Auction Tender Document containing online e-auction bid form, Declaration, General Terms & Conditions of online auction sale are available in websites:- (https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp). To the best of knowledge and information of the Authorised Officer, there is no encumbrance on the property/ies. However, the intending bidders should make their own independent inquiries regarding the encumbrances, title of property/ies put on auction and claims / rights / dues / affecting the property, prior to submitting their bid. The e-Auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation of the bank. The property is being sold with all the existing and future encumbrances whether known or unknown to the bank. The Authorised Officer/ Secured Creditor shall not be responsible in any way for any third party claims / rights / dues. The sale shall be subject to rules / conditions prescribed under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The other terms and conditions of the e-auction are published in the following websites. 1. https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp 2. https://www.sbi.co.in

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Date: 23.03.2021 Authorized Officer Place: Mumbai State Bank of India Name: Satyawan Rane e-mail: [email protected] Mobile No.: 9819555858 Landline (O): 022 – 2222177671

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THE TERMS AND CONDITIONS OF SALE TO BE UPLOADED ON THE WEBSITE OF THE SECURED CREDITOR

Property will be sold on ‘AS IS WHAT IS AND WHATEVER THERE IS’ Basis

1 Name and address of M/s Balaji Ginning and Pressing Factory the Borrower Registered Address: Gat No.217/2 at Kasoda, Taluka Erandol, District Jalgaon, Maharashtra-425110

2 Name and address of Stressed Assets Management Branch-I, Mumbai Branch, the secured The Arcade, 2nd Floor, World Trade Centre, Cuffe Parade, Mumbai- creditor 400005 3 Description of the Lot 1: Plant & Machinery and Factory Land & Building situated at immovable secured Gat No.217/2 at Kasoda, Taluka Erandol, District Jalgaon, assets to be sold. Maharashtra-425110, admeasuring 1.12 hectares. [In the name of M/s Balaji Ginning and Pressing Factory]

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Lot 8*: Plant & Machinery situated at Gat No.217/2 at Kasoda, Taluka Erandol, District Jalgaon, Maharashtra-425110. [In the name of M/s Balaji Ginning and Pressing Factory]

* Important: Please note that the bids for Lot 8 will be accepted only if no bids are received for Lot 1.

4 Details of the As per Annexure - A encumbrances known to the secured creditor. 5 The secured debt for Rs.9,24,39,628.06 as on 14.05.2018 + interest at contracted rate recovery of which the till date thereon + expenses less recoveries. property is to be sold 6 Deposit of earnest EMD: Being the 10% of Reserve price to be transferred/ deposited money by bidders in his / her/ their own Wallet provided by M/s. MSTC Ltd on its e-auction site https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp by means of RTGS/NEFT. 7 Reserve price of the As per Annexure - A immovable secured Lot 1: Rs.8,19,00,000/- assets: Lot 2: Rs.1,17,00,000/- Lot 3: Rs.58,00,000/- Lot 4: Rs.1,36,00,000/- Lot 5: Rs.2,21,00,000/- Lot 6: Rs.31,00,000/- Lot 7: Rs.1,74,00,000/- Lot 8: Rs.28,00,000/-

Account/ Wallet in Bidders own wallet Registered with M/s MSTC Ltd on its e-auction which EMD to be site https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp remitted by means of RTGS/NEFT.

Last Date and Time 28.04.2021 on or before 4:30 p.m. within which EMD to be remitted:

8 Time and manner of The successful bidder shall deposit 25% of sale price, after adjusting payment the EMD already paid, immediately, i.e. on the same day or not later than next working day, as the case may be, after the acceptance of the offer by the Authorised Officer, failing which the earnest money deposited by the bidder shall be forfeited. The Balance 75% of the sale price is payable on or before the 15th day of confirmation of sale of the secured asset or such extended period as may be agreed upon in writing between the Secured Creditor and the e-Auction purchaser not exceeding one months from the date of e-Auction. 9 Time and place of As per Annexure - A public e-Auction or time after which sale by any other mode shall be completed. 10 The e-Auction will be M/s. MSTC Ltd at the web portal conducted through https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp. the Bank’s approved service provider. e-Auction tender Page 6 of 9

documents containing e-Auction bid form, declaration etc., are available in the website of the service provider as mentioned above 11 (i) Bid increment As per Annexure - A amount: (ii) Auto extension: ______times. (limited / unlimited) (iii) Bid currency & unit of measurement 12 Date and Time during As per Annexure - A which inspection of the immovable secured assets to be sold and intending bidders should satisfy themselves about the assets and their specification. Contact person with mobile number 13 Other conditions a) The Bidders should get themselves registered on https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp. by providing requisite KYC documents and registration fee as per the practice followed by M/s. MSTC Ltd well before the auction date. The registration process takes minimum of two working days. (Registration process is detailed on the above website).

b) The Intending bidder should transfer his EMD amount by means of challan generated on his bidder account maintained with MSTC Ltd at https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp by means of NEFT/ RTGS transfer from his bank account by presenting physical challan at his bank.

c) The Intending bidder should take care that the EMD is transferred at least one day before the date of auction and confirm that his wallet maintained with M/s. MSTC Ltd is reflecting the EMD amount without which the system will not allow the bidder to participate in the e-auction.

d) Names of Eligible Bidders will be identified by the State Bank of India SAMB I MUMBAI to participate in online e-auction on the portal www.mstcecommerce.com/auctinhome.ibapi/index.jsp by M/s MSTC Ltd will provide user ID and password after due verification of PAN of the Eligible Bidders.

e) The EMD of the successful bidder will be automatically transferred to the bank once the sale is confirmed by the respective Authorised Officer of the bank and the remaining amount i.e. 25 % of sale price to be paid immediately i.e. on the

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same day or not later than next working day, as the case may be. f) The successful bidder shall be required to submit the final prices, quoted during the e-auction as per the annexure after the completion of the auction, duly signed and stamped as token of acceptance without any new condition other than those already agreed to before start of auction. g) During e-Auction, if no bid is received within the specified time, State Bank of India at its discretion may decide to revise opening price / scrap the e-Auction process / proceed with conventional mode of tendering. h) The Bank / service provider for e-Auction shall not have any liability towards bidders for any interruption or delay in access to the site irrespective of the causes. i) The bidders are required to submit acceptance of the terms & conditions and modalities of e-Auction adopted by the service provider, before participating in the e-Auction. j) The bid once submitted by the bidder, cannot be cancelled/withdrawn and the bidder shall be bound to buy the property at the final bid price. The failure on the part of bidder to comply with any of the terms and conditions of e-Auction, mentioned herein will result in forfeiture of the amount paid by the defaulting bidder. k) Decision of the Authorised Officer regarding declaration of successful bidder shall be final and binding on all the bidders. l) The Authorised Officer shall be at liberty to cancel the e-Auction process / tender at any time, before declaring the successful bidder, without assigning any reason. m) The bid submitted without the EMD shall be summarily rejected. The property shall not be sold below the reserve price. n) The conditional bids may be treated as invalid. Please note that after submission of the bid/s, no correspondence regarding any change in the bid shall be entertained. o) The EMD of the unsuccessful bidder will be refunded to their respective wallet maintained with M/s MSTC Ltd. The Bidder has to place a request with MSTC Ltd for refund of the same back to his bank account. The bidders will not be entitled to claim any interest, costs, expenses and any other charges (if any). p) The Authorised Officer is not bound to accept the highest offer and the Authorised officer has absolute right to accept or reject any or all offer(s) or adjourn/postpone/cancel the auction without assigning any reason thereof. The sale is subject to confirmation by the secured creditor. q) In case of forfeiture of the amount deposited by the defaulting

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bidder, he shall neither have claim on the property nor on any part of the sum for which may it be subsequently sold. r) The successful bidder shall bear all the necessary expenses like applicable stamp duties/additional stamp duty/transfer charges, Registration expenses, fees etc. for transfer of the property in his/her name. s) The payment of all statutory /non- statutory dues, taxes, rates, assessments, charges, fees etc., owing to anybody shall be the sole responsibility of successful bidder only. t) In case of any dispute arises as to the validity of the bid (s), amount of bid, EMD or as to the eligibility of the bidder, authority of the person representing the bidder, the interpretation and decision of the Authorised Officer shall be final. In such an eventuality, the Bank shall in its sole discretion be entitled to call of the sale and put the property to sale once again on any date and at such time as may be decided by the Bank. For any kind of dispute, bidders are required to contact the concerned authorised officer of the concerned bank branch only. u) (s) The sale certificate shall be issued after receipt of entire sale consideration and confirmation of sale by secured creditor. The sale certificate shall be issued in the name of the successful bidder. No request for change of name in the sale certificate other than the person who submitted the bid/participated in the auction will be entertained.

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