(A GOVERNMENT OF UNDERTAKING) ASSET RECOVERY MANAGEMENT BRANCH,

------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, road, 22, Rajaji Nagar Kuttagam, Thirumalai Koundanpalayam (po), Singanallur Post Vemandampalayam (via), (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. 90/1 an extent of hectare 1.34.0 or 3.30 acre land and in the above said village in 1. SF No. 90/2 measuring 2.83 acre in that 1.33 acre

Totally measuring 1.33 acre.

Boundaries:

SF No. 90/2 measuring 2.83 acre in that 1.33 acre South of land belonging to Meiyapopan North of cart track in SF No.89 East of SF No.90/1 West of SF No.72

Gobi Registartion District Punjaipuliampatti Sub Registration District District Sathy Taluk, Bhavaninagar Panchayt Union, Nallur Village RS.No.345/5 an extent of Hectare 1.32.5 (sf.No.321) Land.

Item No.1 South of : Land belonging to Subbiah Gounder North of : Land belonging to Kanmani Teacher East of : Land belonging to Dasappa Gounder West of : Land sold to Parimalam and Thakku—1 Land

Within above e boundaries Thakku—1 with the following measurements:

Northen side East—West—49.5 feet Southern side East West—56 feet Eastern side South North—114 feet Western side South—North—108 feet

Thus the above item measuring an extent of 5855 sq ft

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.2 with the following measurement:

South of—Land belonging to Subbiah Gounder North of: Land sold to Primalam and land sold to Mahesh East of: Land belonging to dasappa Gounder West of: South North Road

Within the above boundaries thakku-2 with the following measurements:

Northern side East West: 150.5 feet Southern side East West: 159.5 feet Eastern side South North: 15 feet Western side South North: 15 feet

An extent of 2258 sq ft vacant land in that common 1/3rd measuring 753 sq ft for Thakku—2 Totaling 6608 sq ft or 613.90 sq m vacant land with common right in the layout roads

ITEM NO.VI

LIST OF MACHINERY HYPOTHECATED: Description Quantity (in nos) Induction Furnace Section 1 1. VOLTAMP make Furnace Transformer 3150 KVA, 33KV / 575 V with ONLOAD GEARS 1 2. 2750E+ Inductotherm furnace panel I/o 575 V to O/P 3000 V 1 3. 12.5 HP Inductotherm distill water cooling system for Furnace Panel 4. GEA Plate type Heat Exchanger System (29 plate) for cooling under 6 ~ 8 bar at 90o C 1 5. 8.0 Ton capacity inductotherm crucible for melting 2 Furnace Accessories 1. Laddles 3 2. Cast Iron Ingot Mould box of size 3.25” X 4.25”X60” (37 Nos X 4 Nos) 148 3. Bottom plate with capacity of 54 moulds. 2 4. NECO Slag pot to handle waste from furnace, 5 ton capacity. 2 5. Centre column for pouring and handling 831/4” height. 2 Cooling System 1. 10 HP Kirloskar motor for raw water pumping with pipe lines 3 2. 10 HP Kirloskar motor for cooling with pipe lines 2 3. Kirloskar oil engine for standy to cooling motor. 1 4. 3 HP Kirloskar motor softener pumping with piping 1 5. GEA make plate type heat exchanger (75 plate) with Design pressure of 6 bar at 90o C 1 6. KOOL Cooling Tower, 12.5 HP motor with 320 fills, fan, pipelines, etc. 7. DM Plant, softener resin of 3000 l / hour capacity 1 1 Material Handling Equipments 1. ANKIT make EOT Crane 10.0 Ton Capacity with Auxiliary Hoist, LT motor, CT motor with 1 Electrical and Accessories 2. 1600 mm Electro Magnet lifter for Scrap Handling & Charging Mounted on 3.0 Ton 1 Capacity 3. ANKIT make EOT Crane 10.0 Ton Capacity with Auxiliary Hoist, LT motor, CT motor with 1 Electrical and Accessories 4. Spares for Ankit EOT Crane 1 Pollution Control Equipments – DAN Engg 1. Dust collection chamber, Chimney bend pipes, Exhaust pipe, MS flanges 7 Chimney of 120 1 feet. 2. Centrifugal fan with 90 HP Kirloskar motor 1

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 Power House Installation 1. MV Panel Board with 1600 A PACB, 250 A switches 9-Nos. 1 2. UNIVERSAL make Auxiliary Transformer 500 KVA, 11 KV/433V 1 3. APFC Panel by AB-LIFASA 600 KVA automatic harmonic filter system 1 4. Electrical including all UG cables, Hubs, Joint kits, boxes, Cable gland, Lighting indoor and outdoor, Earthings etc. Lot 5. MEGAWIN Indoor transformer 11 KV, 1250A, 25KA with VCB switch board. 1 Set 6. APFC Panel by AB-LIFASA 600 KVA automatic harmonic filter system. 1 7. KIRLOSKAR Silent Genset 125 KVA with NGEF Alternator, Fuel Tank, Coupling, Auto Start Control Panel, Cables etc. 1 Accessories 1. ELGI make Air Compressor 10 HP, 500 Lit Tank capacity 1 2. BHARAT make Oil Cooled Welding Transformer 3 KVA 1 3. DH make Bench Drilling machine 1 4. 0.5 HP Bench Grinding machine 1 5. Sheet rolling machine of 5 feet width & 3 mm plate rolling capacity 1 6. Hydraulic scrap bailing machine 80 Kgs bailing capacity with 10 HP motor and hydraulic pack 1 attachment. 7. Lab Equipments consisting of Carbon Apparatus, TONOSCALE – 500 gms, Muffle Furnace, Hot Lot Air Oven, Hot Plate, Furnace each 1 No. 8. Weightronics make lorry weigh bridge 60 TON Capacity 1

Kept at M/s Harimadhavaa Alloys Private Limited, 77/5, Nambiyur Road, Thirumalaigoundampalayam Post, Vemandampalayam Via. Kuttagam, Puliampatti-638 462.

For detailed terms and conditions of the sale please refer the link “E-Auction” provided in Canara Bank’s website (www.canarabank.com) or may contact Chief Manager, Canara Bank Asset Recovery Management Branch, Coimbatore (Ph. No. 0422-2549459/ 2555655) E-mail: [email protected] office hours on any working day. Portal of E-Auction: https://canarabank.auctiontiger.net.

Date: 14-03-2019 AUTHORISED OFFICER Place: COIMBATORE CANARA BANK

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

DETAILED TERMS AND CONDITIONS OF THE SALE NOTICE DATED: 14-03-2019

1. Name and Address of the Secured Creditor : Canara Bank, Asset Recovery Management Branch, No 166,T V Samy Road West , R S Puram, Coimbatore

2. Name and Address of the Borrowers and Guarantors: 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.

3. Total liabilities as on 30.06.2018: Rs. 9,67,63,967.00/- (Rupees Nine crores sixty seven lakhs sixty three thousand nine hundred and sixty seven only) with further interest and other incidental charges thereto incurred by the Bank.

4. (a) Mode of Auction : Online Auction (E-Auction)

(b) Details of Auction service provider : M/s.E-Procurement Technologies Ltd. (Auction Tiger), Ahmedabad. Mr. Praveen Thevar, Contact no. 079-40230830 /821/813/815/ 816 / 822, 07968135422. Email id: [email protected], [email protected].

(c) Date & Time of Auction : 02-04-2019 10.00 AM TO 11.00 AM

(d) Portal of E-Auction : https://canarabank.auctiontiger.net.

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

5. Reserve Price & EMD

RESERVE PRICE EMD AMOUNT ITEM NO.I Rs. 18,50,000/- Rs. 1,85,000/- ITEM NO.II Rs. 90,50,000/- Rs. 9,05,000/- ITEM NO.III Rs. 79,50,000/- Rs. 7,95,000/- ITEM NO.IV Rs. 45,50,000/- Rs. 4,55,000/- ITEM NO.V Rs. 9,50,000/- Rs. 95,000/- ITEM NO.VI Rs. 1,98,00,000/- Rs. 19,80,000/-

Last date of deposit of EMD 30-03-2019 before 5.00 PM

OTHER TERMS AND CONDITIONS

a) Auction/bidding shall be only through “Online Electronic Bidding’’ through the website https://canarabank.auctiontiger.net. Bidders are advised to go through the website for detailed terms before taking part in the e-auction sale proceedings. b) The property can be inspected, with Prior Appointment with Authorised Officer, on 22/03/2019 between 11.00 A.M. & 4.00 P.M. c) The property will be sold for the price which is more than the Reserve Price and the participating bidders may improve their offer further during auction process. d) EMD amount of 10% of the Reserve Price is to be deposited by way of Demand draft in favour of Authorized Officer, Canara Bank, Asset Recovery Management Branch OR shall be deposited through RTGS/NEFT/Fund Transfer to credit of account of Canara Bank, Asset Recovery Management Branch, A/c No:1207201018479 IFSC Code:CNRB0001207 on or before 30/03/2019 till 5.00 P.M. e) Intending bidders shall hold a valid digital signature certificate and e-mail address. For details with regard to digital signature please contact the service provider M/s. e-procurement Technologies Ltd. (auction tiger), Ahmedabad. Mr. Praveen Thevar, Contact no. 079-40230830 /821/813/815/ 816 / 822, 07968135422. Email id: [email protected], [email protected]. f) After payment of the EMD amount, the intending bidders should submit a copy of the following documents/details on or before 30/03/2019, 5.00 PM, to Canara Bank, Asset Recovery Management Branch, by hand or by email. i) Demand Draft/Pay order towards EMD amount. If paid through RTGS/NEFT, acknowledgement receipt thereof with UTR No. ii) Photocopies of PAN Card, ID Proof and Address proof. However, successful bidder would have to produce these documents in original to the Bank at the time of making payment of balance amount of 25% of bid amount. iii) Bidders Name. Contact No. Address, E Mail Id. iv) Bidder’s A/c details for online refund of EMD.

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

g) The intending bidders should register their names at portal https://canarabank.auctiontiger.net. and get their User ID and password free of cost. Prospective bidder may avail online training on E- auction from the service provider M/s. e- procurement Technologies Ltd. (auction tiger), Ahmedabad. Mr. Praveen Thevar, Contact no. 079-40230830 /821/813/815/ 816 / 822, 07968135422. Email id: [email protected], [email protected]. h) EMD deposited by the unsuccessful bidder shall be refunded to them. The EMD shall not carry any interest. i) Auction would commence at Reserve Price, as mentioned above. Bidders shall improve their offers in multiplies of Rs.1,00,000. The bidder who submits the highest bid (above the Reserve price) on closure of 'Online' auction shall be declared as successful bidder. Sale shall be confirmed in favour of the successful bidder, subject to confirmation of the same by the secured creditor. j) The successful bidder shall deposit 25% of the sale price (inclusive of EMD already paid), immediately on declaring him/her as the successful bidder and the balance within 15 days from the date of confirmation of sale by the secured creditor. If the successful bidder fails to pay the sale price, the deposit made by him shall be forfeited by the Authorised Officer without any notice and property shall forthwith be put up for sale again. k) For sale proceeds of Rs.50 (Rupees Fifty) lacs and above, the successful bidder will have to deduct TDS at the rate 1% on the Sale proceeds and submit the original receipt of TDS certificate to the Bank. l) All charges for conveyance, stamp duty/GST registration charges etc., as applicable shall be borne by the successful bidder only. m) Authorised Officer reserves the right to postpone/cancel or vary the terms and conditions of the e-auction without assigning any reason thereof. n) The intending bidders are kindly requested to visit the property and ascertain the exact location, extent of the property and nature of property and also make their own independent inquiries and legal due diligence to satisfy themselves regarding the encumbrances, if any, the title of the properties, physical extent, statutory approvals, claim/rights/dues affecting the property including statutory liabilities prior to submission of bids. Authorized Officer or the banks shall not be responsible for any discrepancy, charge, lien, encumbrances pertaining to property, or any other dues to the Government or anyone else in respect of the said properties. o) The Sale Certificate shall be issued in the same name in which the bid is submitted. p) On receipt of sale certificate, the purchaser shall take all necessary steps and make arrangements for registration of the property. All charges for conveyance, the existing and future Statutory Dues, if any payable by the borrower, stamp duty and registration charges etc., as applicable shall be borne by the successful bidder only. The purchaser is liable to incur the dues of the Local Self Government / other dues payable to the Government if any, informed subsequently. q) In case there are bidders who do not have access to the internet but interested in participating the e-auction, they can approach concerned Circle office or Asset Recovery Management Branch who, as a facilitating centre, shall make necessary arrangements.

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

r) For further details contact Chief Manager/Authorised Officer, Canara Bank Asset Recovery Management Branch, No 166, Regional Office Building, T V Samy Road, R S Puram, Coimbatore - 641002. (Ph. No- 0422-2549459/2555655 ) E-mail : [email protected] OR the service provider M/s. e-procurement Technologies Ltd. (auction tiger), Ahmedabad. Mr. Praveen Thevar, Contact no. 079-40230830 /821/813/815/ 816 / 822, 07968135422. Email id: [email protected], [email protected]. s) The detailed terms and conditions are also available in the link “E-Auction” provided in Canara Bank’s website (www.canarabank.com).

SPECIAL INSTRUCTION/CAUTION

Bidding in the last minutes/seconds should be avoided by the bidders in their own interest. Neither Canara Bank nor the Service Provider will be responsible for any lapses/failure (Internet failure, Power failure, etc.) on the part of the bidder or vendor in such cases. In order to ward off such contingent situation, bidders are requested to make all the necessary arrangements/alternatives such as back –up, power supply and whatever else required so that they are able to circumvent such situation and are able to participate in the auction successfully.

Place: COIMBATORE AUTHORISED OFFICER Date: 14/03/2019 CANARA BANK

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