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Z.*Xlile"Nk Rtrgional OFFICE ERNAKULAM

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Z.*Xlile Z.*xlile"nk RtrGIONAL OFFICE ERNAKULAM BY REGISTERED POST WITH ACKNOWLEDGMENT DUE EKM : REC : GK:06:2020 -2 7 DATE : 28.07.2O2O To tM.s,bi.Ttr Mr. Varghese.T.A, S/ o.Mr.Varghese, S/o Augusthy, Proprietor-M / s.Thottakkara Rubber Thottakkara (H), Traders, Thuravoor. P. O, Thottakkara (H), Angamaly, Thuravoor. P. O, PrN-683 586 Angamaly, PrN-683 586 Mrs. Sindhu, W/o Mr.Siby T.V., Thottakkara (H), Thuravoor. P. O, Angamall', PIN-683 586 TENDER CUM AUCTION SALE NOTICE WHEREAS the Authorised Officer of the Bank had issued Demand Notice dated 11.09.2018 to 1) Mr. Siby.T.V.,S/o. Mr.Varghese, Proprietor- M/s.Thottakkara Rubber Traders, 2) Mr.Varghcse.T.A, S/o Augusthy, and 3)Mrs. Sindhu, W/o Mr.Siby T.V., all are residing at Thottakkara (H), Thuravoor.P.O, Angamaly, as guarantors/ Co-obligants under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Bnforcement of Security Interest Act, 2OO2 (hereinafter referred to as The Act') and has taken possession of the immovable property more fully described in the schedule hereunder under Section 13(4) of the Act read with Rule 8 ol the Security lnterest (Enforcement) Rules, 2OO2 on 23. r0.20 t9 & 04. t2.20 19. AND trrHEREAS, the borroi.r,er/ co-obligants/ guarantor have failed to pay the amount, Notice is herebl' given that the immovable property more fully described in the Schedule hereunder will be sold by way of Tender Cum Auction on "as is where is" basis and "as is what is" condition, on the date ancl at the place mentioned herein below for realization of a sum of Rs.2,00,69,0 17.49/ -(Rupees Two Crores Sixty Nine Thousand Seventeen and Forty Nine Paise only) as on 30.06.2020 with further interest and costs fromOllOT12020, subject to the following terms and conditions: t1' I The South Indian ., Regional Oflice, Ground Floor, SIB Building, Info Park Road, Rajaai Va.llcy P'O, Kakkanad, Kochi 682039 phone: 0484 ZZZ tSet, ZZt tzoz.2771363, 3939361. 3939362. 3939363 Fax 2771375,393937 5 Emall: lql Q-03{rl slb co.ro www southindl:rnbank com Zlsrlile.nk REGIONAL OFFICE ERNAKULAM Name of Property Mr. Siby.T.V. O'*'ner Description of I All that piece and parce I of land admeasuring 968 property Ares (equivalent to 23.919 cents) comprised in Sy.No.525/38/2, Re.Sy.No.242l7-2, 24217-4 in Block No 14 along with all their improvements, rights, etc. situated in Manjapra Vi1lage, Aluva Taluk, Ernakulam District, owned by Mr.Siby T.V and more fully described in sale deed No. 557 l2Ol1 dates 01.03.201 1, sale deed No.556/201 1 dated 01.03.201 1 ol Angamaly SRO comprising the following extents. Item No. 1 Land admeasuring 5.23 Ares and all their improvements, rights, etc. situated in Old Sy. No.525l38l2, Re. Sy. No.24217-2, in Block No.14 in Manjapra Village, Aluva Taluk, Ernakulam District More fully described in Sale deed No. 556/20 1 1 dated 01.03.2011 of Angamaly SRO. Item No.2 Land admeasuring 4.45 Ares and all other improvements, rights etc., situated in Sy. No.525/38/2, Re. Sy. No.242 l7-4 in Manjapra Village, Aluva Taluk, Ernakulam District more fully described in Sale deed No.557/2011 dated 01.03.2011 of Angamaly SRO. (Both the items properties are lying together as a single compact plot admeasuing 9.68 Ares) Reservc Price Rs.6O,69,OOO/- (Rupees Sixty Lakhs Sixty Nine Thousand) Earnesl Money Rs.6,O6,9OO/- (Rupees Six Lakhs Six Thousand Deposit (EMD) and Nine Hundred) ] Description of All that piece and parcel of land measuring 4.39 Ares 1 property (equivalent to 1 0.84 Cents) along with a residential building and all their improvements, rights etc. in Sy. No.S14/1, Re. Sy. No.259 l2l6 in Block No.13 in Thuravoor Village, Aluva Taluk, trrnakulam District, I owned by Mr. Sibi 'l.V and more fully described in settlement deed No. 1053/2000 dated 10.03.2000 of An amal SRO. Reserve Price Rs.53,O6,OOO/- (Rupees Fifty Three Lakhs Six Thousandl N.. E The South Indian Bank Ltd., Offlce, Ground Floor, SIB Building. Info Park Road C\ P O, Kakkanad. Kochi 682039 Phore: 0484'2771361,2771362,2771363,3939361,3939362,3939363Fax:2771375,3939375 Email: !q-1-083(]slb.!q,l!! w1r'\rr'. southrndianbank.com Zwrlile.nk REGIONAL OFFICE ERNAKULAM Earnest Money Rs.5,30,600/- (Rupees Five Lakhs Thirty Deposit (EMD) Thousand and Six Hundred) Date and Place of 20-oa-2020 The South Indian Bank Ltd, Sale Ernakulam Regional Office, C ro und Floor. SIB Building, Infopark Road, Raj agiri Valley.P.O, Kakkanad, Kochi-682 039 TERMS AND CONDITIONS 1) The property will be sold on "as is where is" basis and "as is what is" condition and the Bank is not responsible for title, condition or any other fact affecting the property. The particulars furnished regarding the secured asset is stated to the best of information of the Bank and the Bank will not be answerable for any error, misstatement or omission. 2) The proposed Tenderers shall read and understand the terms and conditions mentioned in the Tender Sale Notice which is published by the Bank in its Website/ Ernakulam North Branch and Ernakulam Regional Office and also visit the scheduled property and satisfy as to its area, boundaries etc, ownership, title, encumbrances, statutory approvals, measurements etc. The Bank shall not entertain any dispute regarding the Tender process or the scheduled property after participating in the sale. 3) lnterested Tenderers can bid both the item properties together or separately. 4) All amounts payable regarding the sale including EMD shall be paid by way of DD drawn in favour of "The Authorised Officer, The South Indian Bank Ltd." payable at Ernakulam /RTGS/NEFT/net banking to Authorised Officer (Account No. OO24O73OOOO2548O|. 5) Interested Tenderers shall produce a copy of any valid photo identity/ address proof. in case, the Tenderer is participating on authorization, hc should produce the lD prool of himself and the Tenderer. 6) Interested Tenderers shall submit Demand Draft for the EMD at The South Indian Bank Ltd, Ernakulam along with the Tender in a sealed cover before 1 1.00 AM on 2O.O8'2O2O. 7) The Right of entry to the place of sale will be restricted to the Tenderers who have submitted the Tender letter and EMD in a sealed cover within the stipulated tim irhin such time as may be decided by the Authorised offic IS discretion. I The South Indian Ltd., Re Office, Grou[d Floor, SIB BuildinS, Info Park Road, Rajagtri Valle] O, Kakkanad, Kochi 682039 Phone: 0,184-2771361, 27? t362. 2771363, 3939361' 3939392 ls939363 Faxr 27'/ | 37 5. 3939 3'7 5 Em.xl: !o l!113C!q !-9.1!l \rnw!'.sotthindianbarlk com Z.*xlile.nk REGIONAL OFFICE trRNAKULAM 8) The Authorised Officer has got right to cancel/ postpone the Auction without assigning any reason whatsoever. Further, the Authorised Officer shall have the discretion to accept, reject or return any or al1 the Tenders already submitted and the Bank will not entertain any claim or representation in that regard from the Tenderers. 9) The Sealed Tenders will be opened by the Authorised Officer on 2O.Oa.2O2O at 12.OO Noon. Any tender received quoting a price below the Reserve Price will be rejected outright. 10) After opening the tenders, the Tenderers who are present may be given an opportunity at the discretion of the Authorised Officer to have inter se bidding among themselves to enhance their offer price. 11) The Successful Tenderer should pay 25 Vo of the bid amount (1ess EMD) immediately on receipt of bid acceptance letter and the balance 757o amount within 15 days of the sale, failing which the entire amount paid by the Tenderer shall be forfeited by the Authorised Officer, u,ithout any notice and the sale will be cancelled and the property rrvill be brought to sale again. However, in desirable cases the time may be extended at the sole discretion of the Authorised Officer. 12) The sale is subject to confirmation by the Authorised Officer, who shall have right to cancel the sale also notwithstanding that the successful Tenderer has remitted the 25ok of Sale amount. Further, the sale is also subject to conllrmation by the Secured Creditor. 13) On the sale being confirmed and on receipt of the enlire sale proceeds by the Authorised Officer, the successful Tenderer will be issued with a Sale Certificate as per the terms and conditions of the Bank and the SARFAESI Act. The successful Tenderer should pay all the existing dues etc. , to the Government/ Local Authorities including charges/ fees payable for registration of sale certilicate such as registration Fees, Stamp Duty etc., as applicable as per 1aw. 14) The Authorised Officer or Bank will not be held responsible for any charge, lien, encumbrance, property tax or any dues to the Government or anybody in respect ol the properties under sale. 15) The successful Tenderer shall pay all Taxes/ Electricity/ Water/ Sewerage Charges or any other charges demanded by any authority after the acceptance of the bid, even if it pertains to previous periods. 16) The Successful Tenderer sha11, at his cost, get the Electricity/ Water/ Sewerage connection etc. and any other common services transferred in his name. 17) The Authorised Olficer has obtained EC report as follor,r's: The South lndian Cround frloor.
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