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STATE BANK of INDIA Stressed Assets Management Branch

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STATE BANK of INDIA Stressed Assets Management Branch STATE BANK OF INDIA Stressed Assets Management Branch, D.No.6-2-915, 5th Floor, Rear Block of HMWSSB Compound, Khairatabad, Hyderabad-500004 E-mail ID: [email protected], Tel: 040-2325 1900 Authorized Officer’s Details: Name: Mr. J.Vijaya Kumar E-mail ID: [email protected] Mobile No: 9619402171 Landline No. (off): 040-23221861 To, M/ s Rajvir Industries Limited Rep. By its Chairman Upender Kumar Agarwal 1st Floor, Surya Towers, 105, Sardar Patel Road, Secunderabad-500003 Appendix – IV-A [See Proviso to rule 8 (6)] SALE OF IMMOVABLE ASSETS UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 READ WITH PROVISION TO RULE 8(6) OF SECURITY INTEREST (ENFOREMENT) RULE 2002 Notice is hereby given to the public in general and in particular the Borrower (s) and guarantor (s) that the below described immovable property mortgaged / charged to the Secured Creditor the symbolic possession of which has been taken by the Authorised Officer of State Bank of India SAMB, Secunderabad Secured Creditor will be sold on “AS IS WHERE IS BASIS” “AS IS WHAT IS BASIS” and “WHATEVER THERE IS” on 01.02.2020 for recovery of Rs.112,30,19,819/- as on 31.07.2018 due to the secured creditor from M/s. RAJVIR INDUSTRIES LTD (Borrower ). The reserve price, the earnest money to be deposited is mentioned below. The EMD amount to be deposited with the Bank on or before 30.01.2020 by 5.00 PM. Property Description of Property No. Land admeasuring Ac 16.28 guntas & building 36904.11 sq ft situated at Sy No.173, 334/1, 347, 345, 348, 349 admeasuring Acre 16.28 Guntas situated at Yedhira (V), Mahabub Nagar 1 in the name of Rajvir Industries Ltd, and P&M of dying plant at location Bearing Sy No.173, 334/1, 347,345,348,349, situated at Yedhira (V), Mahabub Nagar in the name of Rajvir Industries Ltd. Reserve Price: Rs.10.75 crores EMD: Rs.107.50 lakhs, Auction Time: 12.30 PM to 1.30 PM. BID INCREMENT:Rs.5,00,000/- Commercial Flat No. 104, 4th Floor, Blocks F & G, Surya Towers, D.No.1-7-4 to 19, Sardar 2 Patel Road, Secunderabad in the name of Rajvir Industries Ltd. Reserve Price: Rs.2.67 crores, EMD: Rs.26.70 lakhs, Auction Time: 12.30 PM to 1.30 PM. BID INCREMENT:Rs.1,00,000/- 3 All that piece and parcel of land bearing Sy No.223 admeasuring Acre 8-02 Guntas along with staff quarters bearing Municipal No.7-4-2/D, situated at Yenugonda village, Mahabub Nagar Mandal and Mahabub Nagar District in the name of Rajvir Industries Ltd. Reserve Price: Rs.21.31 crores, EMD: Rs. 2.131 cr Auction Time: 12.30 PM to 1.30 PM. BID INCREMENT:Rs.5,00,000/- For inspection and any clarifications the intending bidders may contact the Authorised Officer on Phone No. 040-23221861 or Bank’s Approved Resolution Agent M/S Sreerama Associates, on Cell Nos.9440887967, 9866065687. Note: This is also a notice to the Borrower/ Guarantors of the said loan about holding of e-auction sale of the property on the aforesaid mentioned date if the dues are not repaid in full before the date of e- auction. For detailed terms and conditions of the sale, please refer to the link provided in State Bank of India, the Secured Creditor’s website a) www.sbi.co.in, b) https://www.bankeauctions.com, c) https://tenders.gov.in Properties of No.1 & 2 are in the Physical possession of the Bank. The mortgage on properties also extended to the credit facilities sanctioned by IDBI, Axis Bank, Central Bank of India & ICICI Bank. Date: 10.01.2020 Place: Hyderabad AUTHORISED OFFICER THE TERMS AND CONDITIONS OF SALE TO BE UPLOADED ON THE WEBSITE OF THE SECURED CREDITOR Property will be sold on ‘AS IS WHERE IS, AS IS WHAT IS AND WHATEVER THERE IS” Basis 1 Name and address of the M/s. RAJVIR INDUSTRIES LTD Borrower 1st Floor, Surya Towers 105, SP Road, City: Secunderabad, Dist: Hyderabad, State: Telangana, India, Pin: 500003 2 Name and address of STATE BANK OF INDIA ,SAM BRANCH, Branch, the D.No.6-2-915, 5th Floor, Rear Block of HMWSS Compound,Khairatabad, secured creditor Hyderabad-500004. 3 Description of the 1. Land admeasuring Ac 16.28 guntas & building 36904.11 sq ft situated at Immovable secured Sy No.173, 334/1, 347, 345, 348, 349 admeasuring Acre 16.28 Guntas assets to be sold. situated at Yedhira (V), Mahabub Nagar in the name of Rajvir Industries Ltd, and P&M of dying plant at location Bearing Sy No.173, 334/1, 347,345,348,349, situated at Yedhira (V), Mahabub Nagar in the name of Rajvir Industries Ltd. 2. Commercial Flat No. 104, 4th Floor, Blocks F & G, Surya Towers, D.No.1-7-4 to 19, Sardar Patel Road, Secunderabad in the name of Rajvir Industries Ltd. 3. All that piece and parcel of land bearing Sy No.223 admeasuring Acre 8-02 Guntas along with staff quarters bearing Municipal No.7-4-2/D, situated at Yenugonda village, Mahabub Nagar Mandal and Mahabub Nagar District in the name of Rajvir Industries Ltd. 4 Details of the NIL encumbrances known to the secured creditor 5 The secured debt for Rs.112,30,19,819/- recovery of which the property is to be sold 6 Deposit of Earnest 10% of Reserve price to be remitted by RTGS/NEFT to the Bank account or Money Demand Draft draw in favour of SBI account SAM Branch Rajvir Industries Ltd drawn on any nationalized or Scheduled Bank. 7 Reserve Price of the Item No.1: Rs.10.75 Crores, Item No.2: Rs.2.67 Crores, Item No.3- Rs.21.31 immovable secured Crores. assets. Bank Account in which A/c No.: 30286184022 IFSC: SBIN0004106 EMD to be remitted. Last date and time within Time: 5.00 P.M and Date : 30.01.2020 which EMD to be remitted:Rs. 8 Time and manner of The successful bidder shall deposit 25% of sale price, after adjusting the payment 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 three months from the date of e- Auction. 9 Time and place of public e-auction or time after 12.30 PM Onwards on 01.02.2020. which sale by any other mode shall be completed 10 The e-auction will be The auction will be conducted through the Bank’s approved service conducted through the provider M/S C1 India Pvt Ltd at the web portal ( http: Bank’s approved service www.bankauctions.com) provider. e-auction tender documents containing e-action bid form , declaration etc., are available in the website of the service provider as mention abov 11 I. Bid increment i) Item No.1-Rs.5,00,000/-, Item No.2.Rs.1,00,000/-, Item No.3, amount. Rs.5,00,000/-, II. Auto extension -- -------times ii) UNLIMITED Limited/unlimited III. Bid currency and iii) Rupee and one Unit of measurement 12 Date and Time during Item No.1 , 3 25.01.2020 which inspection of the Item No.2 – 27.01.2020. immovable secured assets to be sold and Time: BETWEEN 11.00 AM TO 5.00 PM intending bidders should satisfy themselves about Name: M/s Sreerama Associates. the assets and their Mobile Nos. 9440887967, 9866065687. specification. Contact person with mobile number 13 OTHER CONDITIONS i. Bidders Shall hold a valid email ID (E-Mail ID is absolutely necessary for the intending bidder as all the relevant information and allotment of ID and pass word by M/S C1 India Pvt Ltd may be conveyed through e mail i. The intending bidder should submit the evidence of EMD deposit like UTR number along with Request letter for participation in the e-Auction ,Self-attested copies of (i) Proof of Identification (KYC)Viz ID card /Driving Licence/Passport etc.,(ii) Current Address -proof of communication, (iii) PAN card of the bidder (iv) valid e-mail ID, (V) contact Number(mobile /Land Line) of the bidder etc., to the Authorized Officer of State Bank of India SAM Branch D.No. 6-2-915,5th Floor, Rear Block of HMWSSB compound, Khairatabad, Hyderabad-500004. By 30.01.2020 and 5.00 PM. Scanned copies of the original of these documents can also be submitted to e-mail Id of Authorised Officer. ii. Names of Eligible Bidders will be identified by the State Bank of India SAM BRANCH, to participate in online e-Auction M/S C1 India Pvt Ltd will provide User ID & Password after due verification of PAN of the eligible bidders. For Technical related queries and e-Auction procedures please contact M/S C1 India PvtLtd,Building 301, Udyog Vihar, Phase-2, Gulf Petrochem Building, Gurgaon, Haryana-122015, https://www.bankauctions.com. iii. 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 e-Auction, duly signed and stamped as token of acceptance without any new condition other than those already agreed to before start of e-Auction.
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