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E-Auction Sale Notice Under SARFAESI ACT No VISAKHAPATNAM MID CORPORATE BANKING BRANCH 9-1-56, 1st Floor, Opp. Swarna Bharathi Indoor Stadium, Resapuvanipalem, Visakhapatnam-13. Ph: 0891-2560874 E-Auction Sale Notice Under SARFAESI ACT No.54/2002 E-Auction Sale Notice for Sale of Immovable Properties under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with provison to 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 immovable property mortgaged/charged to the Bank of India, Visakhapatnam MCB Branch, the possession of which have been taken by the Authorised Officer ofthe Bank U/S 13(4) of the Act, 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 properties described below will be sold on “AS IS WHERE IS”, “AS IS WHAT IS”, “WHATEVER THERE IS” under the rule No 8 & 9 of the Security Interest (Enforcement) Rules for the recovery of the dues detailed as under. The auction sale will be through online only through bank’s service provider (a). M/s MSTC, Portal for E-Auction: https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp or https://ibapi.in and (b). M/s E-Procurement Technologies Limited, Portal for E-Auction: https://boi.auctiontiger.net on below mentioned date and time. Intending bidders shall hold a valid Pan Card, email address and E-Vallet. For details with regard to training for depositing of EMD amount through E-Vallet and to participate in e-auction contact the service provider: (a). M/s MSTC, Shri Ritesh Nath, DM, email ID: [email protected], Mobile: 09668551395 and (b). M/s. E-procurement Technologies Ltd, Ravi Kumar Chukka,Visakhapatnam - Mob No.8008617666. Copies of bid, PAN Card to be Submitted with proof of UTR No. to the Authorised Officer on or before 09-11-2020 by 5-00 p.m. BORROWER NAME & ADDRESS: 1. M/s. Amrit Iron & Steel, Mr. A.V. Vijayasarathi (Managing Partner), Mrs. A. Atchuta Aruna (Partner), Registered Office: 2-43-12, AU, Plot No. 2, MVP Colony, Sec XI, Vishakapatnam, Andhra Pradesh-530017, 2. Mr. A.V. Vijayasarathi (Managing Partner), 3. Mrs. A. Atchuta Aruna (Partner), Flat No.102, 1st Floor, D.No.2-48-23 & Plot No.MIG/1-97/11, G.B. Mansions, Sector XI, M.V.P. Colony, Vishakapatnam, Andhra Pradesh, 4. Sri. Mallemadugula Narasimha Murthy (Guarantor), D No.8-1-66, Jeevan Jyothi, Behind Visakha Eye Hospital, Pedawaltair, LB Colony, Visakhapatnam-530017. TOTAL DUES: Rs.8,42,07,243.11ps. (Term Loan A/c No.861770210000003 - Rs.2,39,84,373.45 & Cash Credit A/c No.861730110000008 - Rs.4,12,03,998.72 & Cash Credit A/c No. 861730110000009 - Rs.1,90,18,870.94) with further interest w.e.f 02-09-2020 and costs. Minus recoveries, if any made. Date & Time of E-Auction: 10-11-2020 at 11.00 am (With auto unlimited Extension of 3 minutes each) Last Date for submission/uploading of bids: 09-11-2020 by 5.00 pm DESCRIPTION OF PROPERTIES PROPERTY No.1: EQM of Residential Flat all that part and parcel of the property measuring an extent of 52.7 Sq.yds. or 44.06 Sq.mts being undivided and unspecified share out of total extent of 1054 Sq.yds together with Door No.39-22-10/4/9, Flat No.301 with Plinth area 1395 Sft. in Second Floor of Vizag Profiles Residency, covered by Survey No.80/4B, Assessment No.69500/7148 of Marripalem Village, within the limits of Greater Visakhapatnam Municipal Corporation and Dwarakanagar Registration Sub District & Visakhapatnam Dist., belongs to Mr. Atreyapurapu Veerabhadra Vijaya Saradhi. (Title Deed No.101/2003 dated 15-01-2003 registred in the name of Mr. A V Vijayasaradhi) Bounded by Site: East: Site belongs to S.Sanyasayya and others, South: Site belongs to M/s Vizag Profile Constructions, West: 30 Feet Wide Road, North: 10 Feet Wide Road.Boundaries of Flat No.301 in Second Floor: East: Open Space, South: Set Back, West: Set Back, North: Corridor. Reserve Price: Rs. 44,65,000/- EMD: Rs.4,46,000/- Bid Multiplier: Rs. 10,000/- PROPERTY NO. 2(A): EQM of Residential Plot All that part and parcel of the property consisting of Vacant Land measuring an extent of 167 Sq.yds or 139.612 Sq.mts being Plot No.158 of Approved Vuda Layout vide LP No.6/2008 and Layout Named Sun City, covered by Survey Nos. 13, 14, 15, 16 and 7/1 of Hazisahebpeta Village, Kondakarkam Panchayat within the limits of Vizianagaram and Vizianagaram Registration Sub District, belongs to Mr. Atreyapurapu Veerabhadra Vijaya Saradhi. (Title Deed No.1307/2008 dated 11-04-2008 registred in the name of Mr. A V Vijayasaradhi) Bounded by: East: Plot No.159, South: Plot No.165, West: Plot No.157, North: Layout Road. Reserve Price: Rs. 5,67,000/- EMD: Rs.56,700/- Bid Multiplier: Rs. 10,000/- PROPERTY NO. 2(B): EQM of Residential Plot All that part and parcel of the property consisting of Vacant Land measuring an extent of 167 Sq.yds or 139.612 Sq.mts being Plot No.159 of Approved Vuda Layout vide LP No.6/2008 and Layout Named Sun City, covered by Survey Nos. 13, 14, 15, 16 and 7/1 of Hazisahebpeta Village, Kondakarkam Panchayat within the limits of Vizianagaram and Vizianagaram Registration Sub District, belongs to Mr. Atreyapurapu Veerabhadra Vijaya Saradhi. (Title Deed No.1305/2008 dated 11-04-2008 registred in the name of Mr. A V Vijayasarathi) Bounded by: East: Plot No.160, South: Plot No.164, West: Plot No.158, North: Layout Road. Reserve Price: Rs. 5,67,000/- EMD: Rs.56,700/- Bid Multiplier: Rs. 10,000/- PROPERTY NO. 2(C): EQM of Residential Plot All that part and parcel of the property consisting of Vacant Land measuring an extent of 167 Sq.yds or 139.612 Sq.mts being Plot No.160 of Approved Vuda Layout vide LP No.6/2008 and Layout Named Sun City, covered by Survey Nos. 13, 14, 15, 16 and 7/1 of Hazisahebpeta Village, Kondakarkam Panchayat within the limits of Vizianagaram and Vizianagaram Registration Sub District, belongs to Mr. Atreyapurapu Veerabhadra Vijaya Saradhi. (Title Deed No.1306/2008 dated 11-04-2008 registred in the name of Mr. A V Vijayasaradhi) Bounded by: East: Plot No.161, South: Plot No.163, West: Plot No.159, North: Layout Road. Reserve Price: Rs. 5,67,000/- EMD: Rs.56,700/- Bid Multiplier: Rs. 10,000/- PROPERTY NO. 2(D): EQM of Residential Plot All that part and parcel of the property consisting of Vacant Land measuring an extent of 167 Sq.yds or 139.612 Sq.mts being Plot No.161 of Approved Vuda Layout vide LP No.6/2008 and Layout Named Sun City, covered by Survey Nos. 13, 14, 15, 16 and 7/1 of Hazisahebpeta Village, Kondakarkam Panchayat within the limits of Vizianagaram and Vizianagaram Registration Sub District, belongs to Mr. Atreyapurapu Veerabhadra Vijaya Saradhi. (Title Deed No.1308/2008 dated 11-04-2008 registred in the name of Mr. A V Vijayasaradhi) Bounded by: East: Layout Road, South: Plot No.162, West: Plot No.160, North: Layout Road. Reserve Price: Rs. 5,67,000/- EMD: Rs.56,700/- Bid Multiplier: Rs. 10,000/- PROPERTY NO. 2(E): EQM of Residential Plot All that part and parcel of the property consisting of Vacant Land measuring an extent of 167 Sq.yds or 139.612 Sq.mts being Plot No.162 of Approved Vuda Layout vide LP No.6/2008 and Layout Named Sun City, covered by Survey Nos. 13, 14, 15, 16 and 7/1 of Hazisahebpeta Village, Kondakarkam Panchayat within the limits of Vizianagaram and Vizianagaram Registration Sub District, belongs to Mr. Atreyapurapu Veerabhadra Vijaya Saradhi. (Title Deed No.1309/2008 dated 11-04-2008 registred in the name of Mr. A V Vijayasaradhi) Bounded by: East: Layout Road, South: Layout Road, West: Plot No.163, North: Plot No.161. Reserve Price: Rs. 5,67,000/- EMD: Rs.56,700/- Bid Multiplier: Rs. 10,000/- PROPERTY NO. 2(F): EQM of Residential Plot All that part and parcel of the property consisting of Vacant Land measuring in an extent of 167 Sq.yds or 139.612 Sq.mts being Plot No.163 of Approved Vuda Layout vide LP No.6/2008 and Layout Named Sun City, covered by Survey Nos. 13, 14, 15, 16 and 7/1 of Hazisahebpeta Village, Kondakarkam Panchayat within the limits of Vizianagaram and Vizianagaram Registration Sub District, belongs to Mr. Atreyapurapu Veerabhadra Vijaya Saradhi. (Title Deed No.1310/2008 dated 11-04-2008 registred in the name of Mr. A V Vijayasaradhi) Bounded by: East: Plot No.162, South: Layout Road, West: Plot No.164, North: Plot No.160. Reserve Price: Rs. 5,67,000/- EMD: Rs.56,700/- Bid Multiplier: Rs. 10,000/- However the Bank reserves the right to auction the property in one lot or in different lots i.e. plot wise at the prices indicated. 6 PLOTS PUT TOGETHER IN SINGLE LOT: Residential 6 Plots: Plot No.158, Plot No. 159, Plot No.160, Plot No.161, Plot No.162, Plot No.163 Reserve Price: Rs. 34,02,000/-(Each plot Rs. 5,67,000/-) EMD: Rs.3,40,000/- Bid Multiplier: Rs. 10,000/- The intending Participants/bidders are requested to see the Website https://www.
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