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Of 14 Borrower/Name & Address Stressed Assets Management Branch Flat No. 104, 1st floor H.No.6-3-639/640/642 Golden Edifice Complex Khairathabad Hyderabad – 500 004 –Tel:04023322157 E-mail: [email protected] E –Auction sale notice under SARFAESI Act 2002 * Sale of immovable/movable assets under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as the Act). Notice is hereby given to the public in general and to the Borrower/s and Guarantor/s in particular that the under mentioned property mortgaged to Syndicate Bank, the possession of which had been taken by the Authorised Officer of the Bank under Section 13(4) of the Act will be sold by E- Auction as mentioned below for recovery of under mentioned dues and applicable interest, charges and costs etc as detailed below. The property described below is being sold on “AS IS WHERE IS, WHATEVER THERE IS AND WITHOUT RECOURSE BASIS” under the rule no. 8 & 9 of the Security Interest (Enforcement) Rules (hereinafter referred to as the rules) for the recovery of the dues detailed as under: Borrower/Name & address. Guarantors: M/s Venkatadri Spinning Mills Pvt Ltd 01. Sri Mandapaka Srinivasa Rao, S/o Rep. by its M.D Mandapaka Srinivasa rao M Nageswara Rao, Tholeru Village, Registered Office at: Veeravasaram Mandal, West D No 7/248, Ammigunta Area Godavari Dist Chikkala Village, Chagallu Mandal 02. Sri Mandapaka Rambabu, S/o M West Godavari Dist, A.P. – 534342 Nageswara Rao, Tholeru Village, Veeravasaram Mandal, West Godavari Represented by its Dist 03. Sri Mandapaka Nageswara Rao, S/o M Managing Director: Venkata Naidu, Tholeru Village, Sri Mandapaka Srinivasa Rao Veeravasaram Mandal, West Godavari S/o M Nageswara Rao, Tholeru Village, Dist Veeravasaram Mandal, West Godavari Dist 04. Smt J Lakshmi Surya Kumari, D/o M Nageswara Rao, Tholeru Village, Joint Managing Director: Veeravasaram Mandal, West Godavari Sri Mandapaka Rambabu Dist S/o M Nageswara Rao, Tholeru Village, 05. Sri Dokku Srinivasa Rao, S/o Veeravasaram Mandal, West Godavari Dist Hanumantha Rao, Flat No B4, Moon Apartment, Tanuku, West Godavari Dist Director: 06. Smt Mandapaka Yathirajavalli, W/o M Sri Mandapaka Nageswara Rao Rambabu, Tholeru Village, Veeravasaram S/o M Venkata Naidu, Tholeru Village, Mandal, West Godavari Dist. Veeravasaram Mandal, West Godavari Dist 07. Smt Adabala Nagamani, W/o Satyanarayana, 12th Ward, Gunupudi, Director: Bhimavaram Mandal, West Godavari Dist. Smt J Lakshmi Surya Kumari 08. Smt Ch Adi Lakshmi, W/o Venkata Tata D/o M Nageswara Rao, Tholeru Village, Rao, 22nd Ward, Rustumbada Village, Veeravasaram Mandal, West Godavari Dist Narasapuram Mandal, West Godavari Dist. Director: 09. Smt P Varalakshmi, W/o Nageswara Rao, Sri Dokku Srinivasa Rao Chinnamamidipalli Village, S/o Hanumantha Rao, Flat No B4, Moon Narasapuram Mandal, West Godavari Dist. Apartment, Tanuku, West Godavari Dist Page 1 of 14 Total amount due as on Rs. 14,38,29,634.86 (Rupees Fourteen Crores Thirty eight lakhs 04/05/2019 twenty nine thousand six hundred thirty four and paise eighty six only) with future interest and costs till date of payment. Sl.No. Property Description Reserve Price EMD (in Rs) Name of the Owner (In Rs.) / Mortgagor 1 Land & Factory Building in R S 29,95,000/- 2,99,500/- M/s Venkatadri No 644, an extent of Ac 3.00 Cents Spinning Mills at Chikkala Village, Chagallu Pvt. Ltd. Mandal, West Godavari Dist. Covered by Registered Sale deed Doc.No.1117/2010 of Nidadavolu SRO West Godavari District, Chagallu Mandal, Nidadavole Sub-Registry, Chikkala Grampanchayat, Chikkala Village, Zirayat dry land in R.S.No 644 out of total extent of Ac.11-86 cents in which towards western side Ac.3-00 cents of land and factory therein bearing Door No 7-248 and Assessment No 1181, bounded by: East : Land belongs to vendors. South: Land belongs to Kondepati Ramarao. West: Land belongs to Vemulapalli Suryanarayana. North: Road. As per document, extent is Ac.3-00 cents of land and factory building was constructed therein. Actual extent as per valuation Ac.2-65 cents, bearing Door No 7-248 and Assessment No 1181 situated within the above mentioned boundaries with all easementary rights, water courses etc. 2 A). An extent of Ac 3.84 cents of 1,46,00,000 14,60,000 Sri Mandapaka Vacant Converted Land in S.No- Srinivasa Rao 257/1, 255/3B, 258/3 258/4, 258/5 at S/o M. Veeravasaram village & Nageswara Panchayath area, Veeravasaram Rao: Mandal, West Godavari district. Item No 01: Covered by Regd. Sale deed Doc.No.1635/2011 of Veeravasaram SRO, owned by Sri Mandapaka Srinivasa Rao West Godavari District, Veeravasaram Sub-Register’s Office limit, Veeravasaram Mandal, Page 2 of 14 Veeravasaram Gram Panchayat and village area Zirayat Converted Land in R.S.No 258/3, an extent of Ac.1- 32 with customary rights of passages and water channels including easement rights etc. East: Land of Kancharala Gopala Krishna South: Land of Bandi Pothu Raju West: Irrigation Channel North: Kalingala Irrigation Canal bund Item No 02: Covered by Regd. Sale Deed Doc.No.1692/2011 of Veeravasaram SRO, owned by Sri Mandapaka Srinivasa Rao. West Godavari District, Veeravasaram Sub-Register’s Office limit, Veeravasaram Mandal, Veeravasaram Gram Panchayat and village area Zirayat Converted Land in R.S.No, 258/5, an extent of Ac.1- 02 out of it Southern side Ac. 0-51 with customary rights of passages and water Channels including easement rights etc East: Irrigation Channel South: Land of Kancharla Gopala Krishna West: Land of Mandapaka Srinivasa Rao North: Land of Mandapaka Srinivasa Rao Item No. 03: Covered by Regd. Sale deed Doc.No.1691/2011 of Veeravasaram SRO, Owned by Sri Mandapaka Srinivasa Rao. West Godavari District, Veeravasaram Sub-Registrar’s office limit, Veeravasaram Mandal, Veeravasaram Gram Panchayat and village area, Zirayat converted Land in R.S.No.258/4, an extent of Ac.0-98 out of it Middle Ac.0-69 with customary rights of Passage and water channels including Easement rights etc. East: Irrigation Channel South: Land of Mandapaka Srinivasa Rao West: Land of Mandapaka Srinivasa Rao North: Kalingala Irrigation Canal Page 3 of 14 bund. Item No. 04: Covered by Regd. Sale Deed Doc No.1691/2011 of Veeravasaram SRO, Owned by Sri Mandapaka Srinivasa Rao. West Godavari District, Veeravasaram Sub-Registrar’s office limit, Veeravasaram Mandal, Veeravasaram Gram Panchayat and village area, Zirayat Converted Land in R.S. No.258/5, an extent of AC. 1- 02 out of it Northern side AC. 0-51 with customary rights of passages and water channels including easement rights etc. East: Irrigation Channel South: Land of Mandapaka Srinivasa Rao West: Land of Mandapaka Srinivasa Rao North: Land of Mandapaka Srinivasa Rao Item No. 05: Covered by Regd. Sale Deed Doc.No.1691/2011 of Veeravasaram SRO, Owned by Sri Mandapaka Srinivasa Rao. West Godavari District, Veeravasaram Sub-Registrar’s office limit, Veeravasaram Mandal, Veeravasaram Gram Panchayat and village area, Zirayat Converted Land in R.S. No.258/4, an extent of AC. 0- 98 out of it Northern side AC. 0-29 with customary rights of passages and water channels including easement rights etc. East: Irrigation Channel South: Land covered by R.S.No.258/4 West: Land of Mandapaka Srinivasa Rao North: Kalinga Irrigation Canal bund. Item No. 06: Covered by Regd. Sale Deed Doc No.1634/2011 of Veeravasaram SRO, owned by Sri Mandapaka Srinivasa Rao. West Godavari District, Veeravasaram Sub-Register’s Page 4 of 14 Office limit, Veeravasaram Mandal, Veeravasaram Gram Panchayat and village area Zirayat Converted Land in R.S.No, 257/1, an extent of Ac.0- 86 Out of its Northern side Ac. 0- 20 with customary rights of passages and water channels including easement rights etc. East : Land of Bandi Pothu Raju South : Land of Dundi Chitti Babu West : Puntha Irrigation Channel North : Land of Gamidi Rambabu Item No. 07: Covered by Regd. Sale Deed Do No.1633/2011 of Veeravasaram SRO, owned by Sri Mandapaka Srinivasa Rao West Godavari District, Veeravasaram Sub-Registrar’s office limit, Veeravasaram Mandal, Veeravasaram Gram Panchayat and village area, Zirayat Converted Land in R.S. No.255/3B, an extent of Ac 0-32 with customary rights of passages and water channels including easement rights etc. East : Land of Gamidi Rambabu South : Land of Guduri Rama Rao West : Puntha Irrigation Channel North : Land of Pasila Venkateswara Rao Item No 01 to 07 lands consisting of Ac 3.84 Cents in R.S No 257/1, 255/3B, 258/3 258/4, 258/5 at Veeravasaram village which were converted into Non-Agricultural Lands vide Proceedings No D. Dis 2738/2013(K) dated 09.11.2013 by Revenue Divisional Officer, Narasapuram along with easementary rights, water courses etc. Passage available through Kalinga Canal Bund 3 An extent of Ac 1.05 cents of 4,00,00,000/- 40,00,000/- Mandapaka vacant Converted Land in Srinivasa Rao, R.S.No.264/6 at Veeravasaram S/o Nageswara village & Panchayath area, Rao. Veeravasaram Mandal, West Godavari district. Covered by Regd Sale Deed Doc No.1244/2012 of Veeravasaram SRO, owned by Sri Mandapaka Srinivasa Rao. Page 5 of 14 West Godavari District, Veeravasaram Sub-Register’s Office limit, Veeravasaram Mandal, Veeravasaram Gram Panchayat and village area, Zirayat Converted Land in R.S.No 264/6, an extent of Ac.1- 05 Cents with customary rights of passages and water channels including easement rights etc. East: Land of Thonta Satyanarayana South: Land of Thonta Satyanarayana West: Land of Mandapaka Rambabu. North: Kalingala Canal An extent of Ac. 1.05 cents of land in R.S.
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