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Stressed Assets Management Branch 15/38, SIC Building Stressed Assets Management Branch 15/38, SIC Building, First Floor, Anna Salai, Chennai – 600002 Mobile: 9445039441/044 2842 0002 Email: [email protected] [email protected] E-Auction sale Notice under SARFAESI Act 2002 Sale of Immovable /Movable assets Under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act. 2002 * read with proviso to Rule 8 (6) of the Security Interest (Enforcement) Rules, 2002.(Herein after 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 authorized officer of the bank Under 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 Property described below is being Sold on “As is Where is, whatever there is and without Recourse Basis” Under rule No. 8 & 9 of the Security Interest (Enforcement) Rules (hereinafter referred to as the rules) for Recovery of the dues detailed as under. M/s Shree Ganesh EPC Pvt Ltd., Name and address of 7-1/B2, Main Road, Near Muppandal Devi Temple, Aralvaimozhi, 629 304. Kanyakumari Dist. Tamil Borrower Nadu. Email: [email protected]; [email protected] Mobile No. 9994961480, 9500444452 1. M/s.Shree Ganesh EPC Private Limited, Name and address of Door No.7/1B2, Main Road, Surety Near Muppanthal Devi Temple, Aralvaimozhi, Thovalai Taluk, Kanyakumrai -629 301. 2. Tmt.L.K.Rajam, W/o.Thiru.N.Azhagappan, Door No.4/62A, Mela Theru, Vadakkoor, Theroor Village, Agastheeswaram Taluk, Kanyakumari -629 704. 3. Thiru.S.Ramanathan, S/o.Thiru.R.Subramania Pillai, Door No.2/39, Theroor, Agastheeswaram Taluk, Kanyakumari District-629 704. 4. M/s.Cape Engineers Private Limited, Door No.7/1B2, Main Road, Near Muppanthal Devi Temple, Aralvaimozhi, Thovalai Taluk, Kanyakumrai -629 301. 5. Thiru.M.Arumughom, S/o.Thiru.A.Muthuvinayagam Pillai, Door No.3/94, East street, Vadakoor, Aralvaimozhy, Kanyakumari -629 301. 6. Thiru.M.Karunanithi, S/o.Thiru.Late.Muthumperumal, Door No.2/25, Theroor Village, Agastheeswaram Taluk, Kanyakumari -629704. 7. Thiru.N.Azhappan, S/o.Thiru.A.Neelakanda Pillai, Door No.4/62A, Mela Theru, Vadakkoor, Theroor Village, Agastheeswaram Taluk, Kanyakumari -629 704. 8. Tmt.M.Sivakami, W/o.Late.Thiru.Muthumperumal, Door No.4/25, Theroor Village, Agastheeswaram Taluk, Kanyakumari -629 704. 9. Thiru.M.Kolappan, S/o.Late.Thiru.Muthumperumal, Door No.4/25, Theroor Village, Agastheeswaram Taluk, Kanyakumari -629 704. 10. Thiru. M.Ashok Kumar, S/o.Late.Thiru.Muthumperumal, Door No.4/25, Theroor Village, Agastheeswaram Taluk, Kanyakumari -629 704. 11. Thiru.M.Subramanian, S/o.Late.Thiru.Muthumperumal, Door No.4/25, Theroor Village, Agastheeswaram Taluk, Kanyakumari -629 704. The total amount due as of Rs 25,90,34,240.29 (Rupees Twenty five crores ninety lakhs thirty four thousand two on 31.12.2019 hundred and forty and paisa twenty nine only) Item No: 1 Property Owned by Mr N Azhagappan : Description of the Immovable Properties All that part and parcel of the property consisting of 70.755 cents of Land at R.S. No. with the name of the 523/1B2 of Kumarapuram Village ( Previously Aralvaimozhi Village )within the Registration Owner. Sub-District of Thovalai , Registration District of Kanyakumari, Taluk of Thovalai and Revenue District of Kanyakumari Bounded: On the North by : Road On the South by : Boundary of Tirunelveli District On the East by : R.S.No 523/1A On the west by : R.S.No 523/1A & 523/2 Reserve price of property Earnest Money deposit(EMD) ₹ 1,59,20,100/- ₹ 15,92,010/- Item No 2 : Property Owned Mrs.L.K Rajam: All that part and parcel of the property consisting of 5 cents of Land and Residential Building bearing door numbers 4-349-J3,J4,J5,J6,J7,J8,J9,J10 and J11 located in R.S. No. 418/7B of Puthery village within the Registration Sub-District of Vadasery , Registration District of Kanyakumari, Taluk of Agastheeswaram and Revenue District of Kanyakumari, ANnamalai nagar, Putheri Panchayat Bounded: On the North by : Property of Yogeeswaran Pillai On the South by : Property of Selvam On the East by : Pathway, R.S.No:417/2 On the west by : Properyty of Natarajan Reserve price of property Earnest Money deposit(EMD) ₹ 77,29,000/- ₹ 7,72,900/- Item No 3: Property Owned 1.Mrs.Sivakami@Saroja 2.Mr.Kolappan 3.Mr.Ashok Kumar 4.Mr.Subramanian 5.Mr.Karunanithi: All that part and parcel of the property consisting of 6.5 cents of Land and Residential Building bearing door No 4/37A and 38 located at R.S. No. 1070/31 of Theroor Village within the Registration Sub-District of Edalakudy, Registration District of Kanyakumari, Taluk of Agastheeswaram and Revenue District of Kanyakumari. Bounded: On the North by : Property of Chidambaravadivu On the South by : Property of Sivasubramania Pillai On the East by : Street On the west by : Property of Ramaswamy Pillai Reserve price of property Earnest Money deposit(EMD) ₹ 14,71,000/- ₹ 1,47,100/- Details of Encumbrance Nil Over the Property as Known to the Bank The details regarding E-Auction are mentioned below: Date and time of E-Auction On 31.01.2020 between 11.00 A.M to 2.00 P.M Reserve Price of Property Mentioned against each item. E-Auction Website Address https://syndicatebank.auctiontiger.net Earnest Money Deposit(EMD) Mentioned against each property Last date for Submission of Bids 29.01.2020 Minimum Bid Increment amount Rs.50,000/.( Rupees Fifty Thousand only) Date and Time of Inspection of Property for 28.01.2020 (11.00 Am to 3.00 PM) Intending Purchasers Name and Address of the Contact person M.Anbumani, Chief Manager (Authorised Officer), Syndicate Bank SAM /Authorised Officer of the Bank Branch, 15/38, SIC Building 1st floor, Anna Salai, Chennai 600 002, Ph. 9443408696. Contact details & Website address of Service [email protected]: online training on e-auction from M/s E- Provider (Name/Telephone No./Email Procurement Technologies Limited, Ahmedbad, Contact Person: Praveen id/Address) Kumar Thevar& Bharathi Raju (Chennai) 09722778828/08939000594(Contact No. 079- 40230825/821/841/815/816) e-Mail, [email protected]&[email protected] Terms and conditions 1. Sale is subject to the conditions prescribed in SARFAESI Act/Rules 2002 and the terms and conditions mentioned hereunder as also subject to conditions in the offer/bid documents to be submitted by the intending/participating bidders. 2. The sale process of above properties shall be conducted through e-auction only, on the said date i.e., 31.01.2020 from 11.00 A.M to 02.00 P.M by the Bank’s e-auction service provider M/s e-Procurement Technologies (ABC Procure), Ahmedabad , Contact person Contact person : ( Praveen Kumar Thevar& Bharathi Raju (Chennai) 09722778828/ 08939000594 (Contact No. 079-40230825/ 821/ 841/ 815/816), e- mail, [email protected]& [email protected]) on the platform of the website iehttps://syndicatebank.auctiontiger.net. The service provider will also provide training on e-auction, if required, to those bidders who will deposit EMD. 3. The EMD shall be deposited through RTGS/NEFT/Fund Transfer to the Credit of A/c No. 60023170000157, name: SAMB with Mount Road branch Chennai, IFSC Code: SYNB0006002. Before submitting bids online, EMD can also be paid by way of Pay Order/Demand Draft in Favour of Syndicate bank payable at Chennai. 4. Bids shall be submitted in the prescribed format with relevant details. For details please contact M /s e-Procurement Technologies Limited (ABC Procures) [email protected] 5. The intending bidders should submit the duly filled in Bid form (format available in the above website) along with the DD/PO/quoting the UTR no. of NEFT/RTGS remittance towards EM D in a sealed cover addressed to the AuthorisedOfficer, Syndicate Bank SAM Branch, 15/38, SIC Building 1st floor, Anna Salai, Chennai 600 002.so as to reach the same before 29.01.2020. The sealed cover should be super scribed with “Bid for participating in E- Auction Sale – in the A/c of M/s Shree Ganesh EPC Pvt Ltd 6. Bidders shall be provided with the facility of online participation in the inter se auction bidding. Online bidding will take place at the Website of https://syndicatebank.auctiontiger.net and shall be subject to the terms and conditions mentioned herein as well as those given in the bid document. Further the sale shall be in accordance with the SARFAESI Act/Rules. 7. No person other than the intending bidder themselves, or their duly authorized agent shall be allowed to participate in the E Auction. 8. The intending participants of the e-Auction may download copies of sale notice, terms and conditions of e-auction, help manual on operational part of e-Auction and process compliance form related to this e-auction from the above mentioned website of service provider [email protected]. For the purpose of participation in e-auction, the intending bidders must have a valid digital signature, active e-mail ID and PAN Number. Any intending bidders presently not having digital signature may procure it from any Registering Authority (Certified by the Government of India) issuing of such signature. 9. It is the sole responsibility of the bidder to obtain the said Digital Signature Certificate and computer terminal system with internet connection to enable him/her to participate in the bidding. Any issue with regard to Digital Signature Certificate and connectivity during the course of the bidding online shall be the sole responsibility of the bidder and no claim in this regard shall be entertained by the Bank or the e-auction Service Provider.
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