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A Government of India Undertaking) Asset Recovery Management Branch, Coimbatore

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A Government of India Undertaking) Asset Recovery Management Branch, Coimbatore (A GOVERNMENT OF INDIA UNDERTAKING) ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE ----------------------------------------------------------------------------------------------------------------------------------------------------------- REF NO: ARMCBE/E-AUCT/ HARIMADHAVA/195/2019 DATE: 14-03-2019 ----------------------------------------------------------------------------------------------------------------------------------------------------------- To: 1.)M/S HARIMADHAVAA ALLOYS PVT LTD, 2.)M/S HARIMADHAVAA ALLOYS PVT LTD, SF no 77/5, Nambiyur road, 22, Rajaji Nagar Kuttagam, Thirumalai Koundanpalayam (po), Singanallur Post Vemandampalayam (via), Avinashi (tk), Coimbatore – 641 005. Tirupur – 638 462. 3.)Sri. N LOGANATHAN 4.)Sri G MUTHUSAMY S/o M Narayanasamy S/o P Gurusamy 33, Periyar Nagar , 22, Rajaji Nagar Nehru nagar east Singanallur post Kalapatti road Coimbatore – 641 005. Coimbatore – 641 014. 5.)Smt . L NAGALAKSHMI W/o N Loganathan 33, Periyar Nagar, Nehru nagar east Kalapatti road Coimbatore – 641 014. Dear Sir, Sub: Notice under Section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with Rule 8(6) of the Security Interest (Enforcement) Rules, 2002 As you are aware, I on behalf of Canara Bank have taken possession of the assets described in Schedule of Sale Notice annexed hereto in terms of Section 13(4) of the subject Act in connection with outstanding dues payable by you to us. The undersigned proposes to sell the assets (through e-auction) more fully described in the Schedule of Sale Notice. In furtherance of the earlier notice Ref: ARMBR/SARF HARIMAD/151/19 Dated: 18/02/2019 where in 15 days period was given to settle the dues and in terms of the provisions of the subject Act and Rules made there under, I am herewith sending the Sale Notice (e-auction notice) containing terms and conditions of the sale. You are hereby given a last and final opportunity to discharge the liability in full as stated in the Sale Notice enclosed within 15 days from the date of this notice, failing which the assets will be sold as per the terms and conditions set out in the enclosed Sale Notice. This is without prejudice to any other rights available to the Bank under the subject Act/ or any other law in force. Yours faithfully, AUTHORISED OFFICER CANARA BANK ENCLOSURE – SALE NOTIC ----------------------------------------------- ASSET RECOVERY MANAGEMENT BRANCH, 1st Floor REGIONAL OFFICE, TV SAMY ROAD, R S PURAM, COIMBATORE- 641002 Tel.No. 0422 2555655.2549459,2558482 E-MAIL:[email protected] Website: www.canarabank.com (A GOVERNMENT OF INDIA UNDERTAKING) ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE SALE NOTICE ----------------------------------------------- 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 proviso 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 Borrowers and Guarantors that the below described immovable property mortgaged/charged to the Secured Creditor, the Physical/Constructive possession of which has been taken by the Authorised Officer of ARM Branch, Coimbatore of the Canara Bank, will be sold on “As is where is”, “As is what is”, and “Whatever there is” on 02-04-2019, for recovery of Rs. 9,67,63,967.00/- (Rupees Nine crores sixty seven lakhs sixty three thousand nine hundred and sixty seven only) due as on 30/06/2018 to the Asset Recovery Management Branch of Canara Bank Coimbatore from 1.)M/S HARIMADHAVAA ALLOYS PVT LTD, SF no 77/5, Nambiyur road, Kuttagam, Thirumalai Koundanpalayam (po), Vemandampalayam (via), Avinashi (tk), Tirupur – 638 462. 2.)M/S HARIMADHAVAA ALLOYS PVT LTD,22, Rajaji Nagar, Singanallur Post, Coimbatore – 641 005.3.)Sri. N LOGANATHAN, S/o M Narayanasamy, 33, Periyar Nagar ,Nehru nagar east, Kalapatti road, Coimbatore – 641 014.4.)Sri G MUTHUSAMY, S/o P Gurusamy, 22, Rajaji Nagar, Singanallur post, Coimbatore – 641 005. 5.)Smt . L NAGALAKSHMI , W/o N Loganathan, 33, Periyar Nagar, Nehru nagar east, Kalapatti road, Coimbatore – 641 014. RESERVE PRICE ITEM NO.I : Rs. 18,50,000/- ITEM NO.II : Rs. 90,50,000/- ITEM NO.III : Rs. 79,50,000/- ITEM NO.IV : Rs. 45,50,000/- ITEM NO.V : Rs. 9,50,000/- ITEM NO.VI : Rs. 1,98,00,000/- EMD AMOUNT ITEM NO.I : Rs. 1,85,000/- ITEM NO.II : Rs. 9,05,000/- ITEM NO.III : Rs. 7,95,000/- ITEM NO.IV : Rs. 4,55,000/- ITEM NO.V : Rs. 95,000/- ITEM NO.VI : Rs. 19,80,000/- Last date of deposit of EMD - On or before 30-03-2019 before 5.00.pm. 7. Details of Properties: I. ITEM NO.I. PROPERTY IN THE NAME OF M/S. HARIMADHAVA ALLOYS (P) LTD Gobi registration District, Punjaipuliampatti, Sub—Registration District, Avinashi Taluk,Avinashi Panchayat Union, Kuttagam Village,SF.No.79/1B within the following 1. SF.No.77/2 measuring 0.25.0 Hectares(62 cents) vacant land. 2. SF.No.77/3 measuring 0.22.0 hectares. 3. SF.No.77/4 measuring 0.27.0 hectares. ASSET RECOVERY MANAGEMENT BRANCH, 1st Floor REGIONAL OFFICE, TV SAMY ROAD, R S PURAM, COIMBATORE- 641002 Tel.No. 0422 2555655.2549459,2558482 E-MAIL:[email protected] Website: www.canarabank.com (A GOVERNMENT OF INDIA UNDERTAKING) ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE ITEM NO: II PROPERTY IN THE NAME OF N.LOGANATHAN. Coimbatore Registartion District, Gandhipuram Sub Registartion District,Coimbatore North Taluk,Kalapatti Village, SF.No.785/1 an extent of 6.03 acre land in that an extent of 4.02 acres land converted into layour house sites in the name of PERIYAR NAGAR approved vide LBR/R(CBN) 228/85 in that site no:96 measuring 5 cents and 252 sq.ft Boundaries: Site No: 96 measuring 5 cents and 252 sq ft. North of: Site No:95 East of: 30 feet width South—North layout Road South of: Site No:97 West of: SF.No.785/2. Within the above boundaries with following measurements. Northen side east West: 60 feet Southern side East—West:61 feet Eastern Side South North: 40 feet Western side South North 40 feet ITEM NO.III: Coimbatore Registartion District,(originally Tiruppur Registartion District) Kinathukadavu Sub Registration District Coimbatoure South taluk Othakkal Mandapam Vilage SF.No.362/2 an extent of 2.61 acre and SF. No.361 an extent of 3.40 acres layout called Mother’s garden, in this Boundaries: SITE NO: 13: East of: Site No.14 West of: SF.No.363 North of: 23 feetwidth East West layout Road South of : Site No;31 SITE NO: 14: East of: Site No.15 West of: Site No.13 North of: 23 feetwidth East West layout Road South of : Site No;31 SITE NO: 38 East of: Site No.39 West of: Site No.37 North of: 23 feetwidth East West layout Road South of : Site No;43 SITE NO: 39 East of: Site No.40 West of: Site No.38 North of: 23 feetwidth East West layout Road South of : Site No;42 ASSET RECOVERY MANAGEMENT BRANCH, 1st Floor REGIONAL OFFICE, TV SAMY ROAD, R S PURAM, COIMBATORE- 641002 Tel.No. 0422 2555655.2549459,2558482 E-MAIL:[email protected] Website: www.canarabank.com (A GOVERNMENT OF INDIA UNDERTAKING) ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE SITE NO: 40 East of: 23 feetwidth South North layout Road West of: Site No.39 North of: 23 feetwidth East West layout Road South of : Site No;41 SITE NO: 48 East of: Site No.47 West of: Site No.363 North of: Site No.32,33 South of : 23 feet width East-West layout Road SITE NO: 63 East of: Site No.68,69 West of:23 feet width South-North Layout Road North of: Site No.64 South of : SF.No.350 SITE NO: 68 East of: 23 feet width South-North Layout Road West of: Site No.63 North of: Site No.67 South of : Site No.69 SITE NO: 69 East of: 23 feet width South-North Layout Road West of: Site No.63 North of: Site No.68 South of : Park—Site No.4 SITE NO: 86 East of: 23 feet width South-North Layout Road West of: 23 feet width South-North Layout Road North of: 23 feet Easth-West Layout Road South of : Site No.85 Total measuring 52 cents 388 sqft. ITEM NO:IV PROPERTIES IN THE NAME OF SMT.NAGALAKSHMI Coimbatore Registration District (Originaly Tirupur Registration District) Kinathukadavu Sub-Registration District, Coimbatore South Taluk, Othakkal Mandapam Village SF.No.760/3B an extent of 0.44 acres(0.18.0 Hectare) land in that excluding a part of land in the north corner sold to one Aruchamy. 1. An extent of 2513 sq ft or 5 cents 335 sq ft vacant land. 2. An extent of 14025 sq ft or 32 cent 85 sq. ft vacant land. Totally measuring 16538 sq ft 37 cent 421.sq ft. Boundaries: 1. An extent of 2531 sq ft or 5 cents 335 sq ft vacant land North of: east West Odai East Of: Land belonging to Vasanthkumar South of: Land belonging to Vasanthkumar and Aruchamy West of: South North Tar Road ASSET RECOVERY MANAGEMENT BRANCH, 1st Floor REGIONAL OFFICE, TV SAMY ROAD, R S PURAM, COIMBATORE- 641002 Tel.No. 0422 2555655.2549459,2558482 E-MAIL:[email protected] Website: www.canarabank.com (A GOVERNMENT OF INDIA UNDERTAKING) ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE Within the above boundaries Thakku—I with the following measurements: Southern side east West—70 feet Northen side east west—62.5 ft Western Side South North 36 feet Eastern Side South North—70 feet. 2. An extent of 14025 sq ft or 32 cent 85 sq ft vacant land North of: east West Odai East of: Land belonging to vasanthkumar South of: land belonging to vasantkumar and Aruchamy West of: South North Tar Road Within the above boundaries, Thakku---2 with the following measurements: Southern side East West : 170 feet Northern side East west: 170 feet Western side South North: 82.5 feet Eastern side South North 82.5 feet ITEM NO.V Gobi Registration District, Punjaipuliampatti Sub Registration District, Tirupur District, Kuttagam Village SF No.
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