![APPENDIX- IV-A [See Proviso to Rule 8 (6)] Sale Notice for Sale of Immovable Properties](http://data.docslib.org/img/8c48d43db899bbaabe79322e5056c3f5-1.webp)
State Bank of India Retail Assets Small & Medium Enterprises City 2 Credit Centre (RASMECCC) (CODE No: 10210) M G Road, Kannur 670001
Tel: 0497 2761511, 2761522 Fax: 0497 2761533 Email: [email protected] “APPENDIX- IV-A [See proviso to rule 8 (6)] Sale notice for sale of immovable properties
E–Auction Sale Notice for Sale of Immovable 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 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 State Bank of India, SME Branch (Secured Creditor), the physical possession of which has been taken by The Authorised Officer of State Bank of India, RASMECCC Kannur, will be sold on “As is where is”, “As is what is”, and “Whatever there is” basis on 04/09/2020, for recovery of Rs. 3,69,67,668/- (Rupees Three Crore Sixty Nine Lakhs Sixty Seven Thousand Six Hundred and Sixty Eight Only) as on 18/08/2020 due to the State Bank of India, SME Branch Kannur (secured creditor) from the borrower Mr. Muhammed Avil Peedikayil Aslam. The Reserve Price fixed will be Rs.1,17,00,000/- (Rupees One Crore Seventeen Lakhs Only ) and the earnest money deposit will be Rs. 11,70,000/- ( Rupees eleven Lakhs Seventy Thousand Only ). The latter amount is to be deposited on or before 03/09/2020 before 4.00 P.M.
Description of Immovable Property
All that part2 and parcel of property consisting of 86.19 Ares (56.65 Ares + 24.68 Ares +4.86 Ares) of land in R.Sy.No.42/121 & 41/103 and old Sy.No.44/1A & 44/2 situated at mavilayi Amsom, Poduvacherry Desom, Kannur Taluk in the name of Mr.Muhammed Aslam A P described in Jenam deed No.2417/2017 of SRO Kadachira dated 16/09/2017. Boundaries Item no 1: On the East by : Vazhi On the West by : Property of juma Masjid On the North by : Property of Mandi
On the South by : property of Ramachandran Boundaries Item no 2: On the East by : Eda On the West by : Vazhy On the North by : Property of Chandran
On the South by : property of Ramachandran All that part and parcel of property consisting of 1.41 Ares (0.20+0.91 Ares(in R.sy.No.41/101) and 0.25+0.05 Ares(in R.sy.No.39/102)) of land in R.Sy.No 41/101,39/102 old Sy.No.44/2, 25/1 situated at mavilayi Amsom, Poduvacherry Desom, Kannur Taluk in the name of Mr.Muhammed Aslam A P described in Jenam deed No.2445/2017 of SRO Kadachira dated 20/09/2017. Boundaries: On the East by : property of Chandran On the West by : Eda vazhy On the North by : Eda
On the South by : property of Aslam
Encumbrances: Nil to the knowledge of the Bank.
For detailed terms and conditions of the sale please refer to the link provided in web portal of State Bank of India, the secured creditor https://sbi.co.in. Details also available at https://sbi.auctiontiger.net.
Date: 18/08/2020
Place: Kannur (Authorised Officer)