The Karur Vysya Bank Limited, Divisional office, No.264 A, I Floor, Bharathi Street, Karur Vysya Bank Swarnapuri, Alagapuram, Salem - 636 004. Smart way to bank Ph.0427- 2440075, 2440076 & 2446076 0 Email - [email protected]

E-AUCTION NOTICE

E-AUCTION ON 25.11.2020

PUBLIC NOTICE FOR SALE OF IMMOVABLE PROPERTIES UNDER SARFAESI ACT, 2002

In exercise of powers conferred under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and Security Interest (Enforcement) Rules, 2002 and pursuant to the possession of secured assets of the following borrowers/guarantors taken by Authorized Officer for recovery of the secured debts as mentioned below, due to The Karur Vysya Bank Ltd, of the under mentioned branches from the following borrowers /guarantors. Whereas the undersigned has decided to put up for E-auction of the immovable properties of­ fers are invited by way of E-Tender for purchase of the following assets on “AS IS WHERE IS”, “AS IS WHAT IS”, AND “WHATEVER THERE IS” basis. Schedule of Properties:

S.N Name of Lending Location of Nature Reserve EMD Contact number/ o. Borrower Branch property of Price amount Ph.No. / Email property (in Rs.) (in Rs.)

1 CHETTIAN Siruvachur Industri 6000000/ M r. M alaiyarasan NAN ALIAS Village al land 60000000/- S/9943988058/ SEKAR K Property No. 1 and attur@kvbmail. com building

LPGR Nagar, Resident Mr.Malaiyarasan Therkku Kadu ial land S/9943988058/ Property No.2 2400000/- 240000/- [email protected]

2 GURUSAM ATTUR Naduvalur Resident Mr.Malaiyarasan Y M Village, Salem ial S/9943988058/ District Vacant 480000/- 48000/- [email protected] land

3 SRI AY OTHIAPATTI Sinthamani Land Mr. Soundararaian LAKSHMI NAM Nagar West, and Rice S/9655376060/ MILL Attur Main Mill 11500000/- avothiapattinam@k 1150000/- Road, building vbmail.com Ayothiapattin am

4 DINESHBA PAUNDAMANG Nerur North Resident Mr. Lakshminaraya BU R ALAM Village, Karur ial Land nan and 900000/- 90000/- G/9626247617/ Building pau ndamangalam@ kvbmail.com

5 MONISHA SALEM Aandihalli Resident Mr.Prabu.M/99439 MOBILES ALAGAPURAM Village, Dharm ial 88050/ 120000/- apuri Vacant 1200000/- alagapuram@kvbm land ail.com

Sl.No.l: ATTUR Branch. Name of Borrower 1. Mr.K.Chettiannan @Sekar, S/o. Late Kandasamy, No.7/223 Bharathi Nagar, Siruvachur, , - 636 112 and guarantors 2.Mrs.Nallammal, W/o.Late Kandasamy, No.6/956 MSN Kozhipannai, Sakthi Nagar, Siruvachur Post, Attur Taluk, Salem District- 636 112, 3. Mr.K.Marimuthu, S/o.Late Kandasamy, D.No.7-129, Pudukottaaikadu, Bharathi Nagar, Siruvachur Post,Attur Taluk, Salem District - 636 112 4.Mr.K.Palaniappan, S/o.Late Kandasamy, No.7/552,Pudukadu, \For TJr^KaruP^^yb^aSik Ltd. >

^Authorised Officer Manivilundan Village,Attur Taluk, Salem District- 636 112, S.Mrs.C.Kalaiselvi, W/o.K.Chettiannan alias Sekar, No.7/224A, Bharathi Nagar, Siruvachur, Attur - 636 112 and 6. Mr.C.Sharavanan, S/o. K.Chettiannan Alias Sekar, D.No.7/223, Bharathi Nagar, Siruvachur Post, Attur, Salem District - 636 112. Demand Notice date: 12.09.2019 As per Demand Notice Outstanding Amount Rs.6,08,92,889.59 (Rupees Six Crore Eight Lakhs Ninety Two Thousand Eight Hundred and Eighty Nine and Paise Fifty Nine only) as on 31.08.2019 with further interest, Costs, other charges and expenses thereon. Possession Taken on: 31.12.2019. The Total due: As on 30.09.2020 is Rs. 7,19,92,643.59 (Rupees Seven Crores Nineteen Lakhs Ninety Two Thousand Six Hundred and Forty Three and Paise Fifty Nine Only) with further interest, Costs, other charges and expenses thereon. Mortgage Assets -PROPERTY NO.l: In Salem East Registration District, Sub - Registration District, Attur Taluk, Siruvachur Village, a house, poultiy unit with sheds, fed mill and rural godown erected in the property with an extent of 7.55 acres of land with constructions within following details: 1. S.No.557/lA measuring 1.93.0 hec. (4.77 acres) including a house 2. S.No.557/IB measuring 0.05.0 hec. (0.12 acres), 3. S.No.558/4 measuring 0.51.8 hec. 1.28 acres on the North from out of 0.55.0 hec, 4. .S.No.558/5 measuring 0.55.8 hec. 1.38 acres on the North from out of 0.59.0 hec. All these items, put together with an total extent of 7.55 acres of land with constructions along with doors, fittings, fixtures, superstructures and accessories, with all mammool pathway rights and easementary rights. PROPERTY NO. 2: In Salem East Registration District, Attur Sub - Registration District, Attur Taluk, Attur Town, Ward No.33, Plot No, 12 in LPGR Nagar, Therkku Kadu, S.No.485/IB, Town Survey No.2, Ward - E, Block -4 with an extent of 1843 3A Sq.ft, of land within the following four boundaries: North: Municipal road, South: EB Layout road, East: Plot No. 11, West: Plot No. 13Admeasuring East West Both Sides 25 feet, South North Both Side 73 % feet. Within this an extent of 1843 % sq.ft as per document in favour of title holder (1775.00 sq ft as per actual measurement) with all mammool pathway rights and easementary rights morefully described as in the schedule of the Registered Sale Deed dated 10.10.2013 under Document No.5197/2013 and all other appurtenances attached thereon. This property is situated within the limits of Attur Municipality. The above said SI.No.2 - Property no 2 is also charged to the Personal Loan facility granted to Mr.K.Palaniappan (Account Number '1109731000000310) with an outstanding of Rs.7,78,963.12 (Rupees Seven Lakhs Seventy Eight Thousand Nine Hundred and Sixty Three and Paise Twelve only) together with further interest, Costs, other charges and expenses thereon. Reserve Price - Property No.l- Rs.6,00,00,000/- EMD - Rs. 60,00,000/-; Property No.2 - Rs. 24,00,000/- EMD - Rs.2,40,000/-; Prior Encumbrance: Nil- Branch Manager Contact No. 9943988058.

Sl.No.:2 ATTUR Branch Name of Borrower 1. Mr.M.Gurusamy, S/o.M.Mari,D.No.67,Jothi Mill Street, Attur,Salem District - 636 102 and Guarantor 2. Mrs Thenmozhi, W/o Kamaraj, D.No.221,Kadambur Street, Attur, Salem District -636 108. Demand Notice date: 24.04.2019 As per Demand Notice Outstanding Amount Rs.5,91,916.95 (Rupees Five Lakhs Ninety One Thousand Nine Hundred and Sixteen and Paise Ninety Five Only) as on 22.04.2019 with further interest, Costs, other charges and expenses thereon. Possession Taken on: 19.09.2019. The Total due: As on 30.09.2020 is Rs. 6,12,795.95 (Rupees Six Lakhs Twelve Thousand Seven Hundred and Ninety Five and Paise Ninety Five Only) with further interest, Costs, other charges and expenses thereon. Mortgage Assets - Salem East Registration District, Sub-Registration District, , Naduvalur Village, 1.31 acres out of 2.45 acres in Old S.No.378/4 (Sub. Div. S.No.378/4E), 0.16 acres out of 1.25 acres in Old S.No..378/3 (Sub.Div.S.No.378/3D) Total Extent is 1.47 acres, Naduvalur Town Panchayat Approved Layout Resolution no.52/2015-2016 dated 29.10.2015, converted into house site plots in the name of Lakshmi Nagar, Plot Nos.20,21,24,33, with an total extent of 4800 Sq. Ft of land. Plot No.20: North of South-North 20 feet breadth East-West Common pathway, South of the land of Thangavel, Son of Periyasamy Padaiyachi, East of the Vacant Site of Plot No. 19, West of the Vacant Site of Plot No.21 Admeasuring East-West Both Side 40 feet, South-North Both Side 30 feet. Total 1200 Sq. Ft. Plot No.21: North of South-North 20 feet breadth East-West Common pathway, South of the land of Thangavel, Son of Periyasamy Padaiyachi, East of the Vacant Site of Plot No.20, West of the Vacant Site of Plot No.22 Admeasuring East-West Both Side 40 feet, South-North Both Side 30 feet. Total 1200 Sq. Ft. Plot No.24: North of the Vacant Site of Plot No.33, South of the South-North 20 feet breadth East-West Common pathway, East of the Vacant Site of Plot No.25,West of the Vacant Site of Plot No.23 Admeasuring East-West Both Side 40 feet,South-North Both Side 30 feet.Total 1200 Sq. Ft. Plot No.33: North of the South-North 20 feet breadth East-West Common pathway, South of the Vacant Site of Plot No.24, East of the Vacant Site of Plot No.32, West of the Vacant Site of Plot No.34 Admeasuring East-West Both Side 40 feet, South-North Both Side 30 feet. ^ For 'J/Hie KaruPWsyi^faTik Ltd.,

uthorised Officer Total 1200 Sq. Ft. Thus the above said extents all put together 4800 Sq.Ft of land with all mammool pathway rights and easementary rights and all other appurtenance attached thereon. Reserve Price - Rs. 4,80,000/- EMD - Rs.48,000/-; Prior Encumbrance: Nil- Branch Manager Contact No. 9943988058.

Sl.No.3 Branch Name of Borrower 1. M/s. Sri Lakshmi Mill, Rep. by its Sole Proprietor: Mr.S., S/o Mr. Sellandi Gounder,D.No. 1/11, Thappakuttai Muniyappan Kovil Street, Attur Main Road, Ayothiapattinam, Salem District -636 103, Guarantor cum title holders 2. Ms. K.Vasugi,D/o Mr.S.Kaveri, 3. Ms. K.Devaki,D/o Mr.S.Kaveri, and Guarantor 4. Mrs. K.Dhanalakshmi, W/o. Mr.S.Kaveri, No.2 to 4, all are residing at D.No. 141/4, Thappakuttai Muniyappan Kovil Street, Attur Main Road, Ayothiapattinam, Salem District -636 103. Demand Notice date: 15.07.2019 As per Demand Notice Outstanding Amount Rs.89,51,416.70 (Rupees Eighty Nine Lakhs Fifty One Thousand Four Hundred and Sixteen and Paise Seventy Only) as on 02.07.2019 with further interest, Costs, other charges and expenses thereon. Possession Taken on: 17.09.2019. The Total due: As on 30.09.2020 is Rs. 84,57,098.36 (Rupees Eighty Four Lakhs Fifty Seven Thousand and Ninety Eight and Paise Thirty Six Only) with further interest, Costs, other charges and expenses thereon. Mortgage Assets - Salem East Registration District, Ayothiyapattinam Sub Registration District, Taluk, in Ayothiyapattinam Village, 5th Ward, in Cuddalore Main Road, with an extent of 1.30 Acres of land with constructions as detailed below: Item No. 1: S. No. 122/4A Hec 0.20.0 in this land measuring about Acre 0.49 Vi Cents, As per sub division Patta No. 1107, New S. No. 122/4A within the following four boundaries: North of other properties allotted to Kaveri and property allotted to Saettu, South of Attur main road, East of property allotted to Saettu, West of property sold by Mahendran. The above said land measuring with RCC roof Residential House bearing old door no. 89A/4, New door no. 141/4A, as per Property Tax Receipt, Door no. 141, 6th Sinthamani Nagar West, Assessment no. 903, TNEB Service Connection No. 04-436-001-420, with doors, windows, electrical fittings and all appurtenants thereon; and RCC roof Rice Mill Building bearing old door no. 89B/4, new door no. 141-2, as per Property Tax Receipt, Door no. 142, 6th Sinthamani Nagar West, Assessment no. 904, TNEB Service Connection No. 04-436-001-498 with machineries and all appurtenants thereon, with doors, windows, electrical fittings and all appurtenants thereon along with, well in S. No. 122/4D with 5HP EMP set with all appurtenants thereon. Item No. 2: S. No. 122/4B Hec 0.51.0 in this acre 1.26 V* cents in this Acre 0.36 Cents, As per sub division Patta No. 1682, New S. No. 122/4B2, within the following four boundaries: North of other properties allotted to Kaveri and property allotted to Saettu, South of lands in S. No. 122/4A, East of property allotted to Saettu, West of property sold by Mahendran, Item No. 3: S. No. 122/4C Hec 0.32.0 in this acre 0.78 cents in this Acre 0.40 3/4 Cents, As per sub division Patta No. 1682, New S. No. 122/4C2, within the following four boundaries: North of Panchayat road, common well, land of Saettu leading to common well, South of property allotted to Kaveri, East of property allotted to Saettu, West of property sold by Mahendran. Common well portion: S. No. 122/4D Hec 0.02.0 for this acre 0.05 cents, S. No. 122/4C in this acre 0.07 Vi cents common half share in land i.e., Acre 0.03 ZA Cents, and common half share in well, 5HP EMP set, Service Connection No. 215 with caution deposit, and 5HP EMP Set for Mill purpose and bore well in lands allotted to Kaveri in S. No. 122/4C. Thus the above said items put together land measuring about 1.30 acres, with constructions, fixtures, fittings and superstructures thereon along with mammool pathway rights and easementary rights and all other appurtenance attached thereon, more fully described in the registered partition deed Dated 06.12.2013 under Doc. No. 6029/2013. Reserve Price - Rs. 1,15,00,000/- EMD - Rs. 11,50,000/-; Prior Encumbrance: Nil - Branch Manager Contact No. 9655376060.

Sl.No.:4 PAUNDAMANGALAM Branch Name of Borrower l.Mr.R.Dineshbabu, S/o Mr.K.Rajagopal, D.No.l01,Thiruvalluvar Salai, Near EB Office, Pothanur, Paramathi Velur Taluk, - 638 181 and Guarantor 2.Mrs.D.Nagalakshmi, W/o R.Dineshbabu, both residing at D.No.7/28, Kaliamman Koil Street, Nerur North, Palayur post, Manmangalam Taluk, Karur District - 639 051 Demand Notice date: 29/01/2018 As per Demand Notice Outstanding Amount Rs.5,05,405.39 (Rupees Five Lakhs Five Thousand Four Hundred and Five and Paise Thirty Nine only) as on 11/01/2018 with further interest, Costs, other charges and expenses thereon. Possession Taken on: 28/08/2018. The Total due: As on 30.09.2020 is Rs. 7,02,634.39 (Rupees Seven Lakhs Two Thousand Six Hundred and Thirty Four and Paise Thirty Nine Only) with further interest, Costs, other charges and expenses

.For The Karur vlfcpt %gfj7 k Ltd.,

thorised Officer thereon. Mortgage Assets - In Karur District, Karur Registration District, Karur Joint 1 Sub Registration District, Nerur North Village, Natham S.F.No.553, New 553/3, an extent of 3312 Sq. Ft. The house with landed property is situated within the following four boundaries:North: East West Road, South: Ganapathi’s agri land, East: House owned by Muthusamy Mudaliar, West: Ganapathi’s house In the middle, East West both sides 46 feet, North South both sides 72 feet. Within this an extent of 3312 Sq. Ft of land with house building, doors, windows, fittings, fixtures and superstructures with all other appurtenances thereon with routine pathway rights and easementary rights more fully described in the schedule of the Gift Settlement deed dated 15.06.2004 Under Doc No. 837/04. Reserve Price - Rs.9,00,000 /- EMD - Rs.90,000/-; Prior Encumbrance: Nil- Branch Manager Contact No.96262-47617.

Sl.No.:5 SALEM - ALAGAPURAM Branch Name of Borrower 1. M/s.Monisha Mobiles, Partnership Firm, D.No.214, Rukmani Complex, Five Roads, Salem - 636 004, 2. Mr.K.Duraisamy, S/o.Karuppanan, 3. Mr.D.Maheswari, W/o.K.Duraisamy, both are residing at No.9th Block, B-4, Balaji Apartments, Jagirammapalayam, Salem-636 302 (No.2 & 3 are partner of the firm as well as guarantors Demand Notice date: 30/05/2017 As per Demand Notice Outstanding Amount Rs.9,64,573.03 (Rupees Nine Lakhs Sixty Four Thousands Five Hundred Seventy Three and paisa Three only) as on 01/05/2017 with further interest, Costs, other charges and expenses thereon. Possession Taken on: 29/08/2017. The Total due: As on 30.09.2020 is Rs. 25,19,297.36 (Rupees Twenty Five Lakhs Nineteen Thousand Two Hundred and Ninety Seven and Paise Thirty Six Only) with further interest, Costs, other charges and expenses thereon. Mortgage Assets - In and Registration District, Dharmapuri Joint No.2 Sub-registration District, Dharmapuri Taluk, Aandihalli Village, in S.F.No. 412/B, p.hec.0.33.5 in this P.acre 0.82 % & S.F.No. 413/A P.hec 0.56.5 and as per present sub division SF No 413/A2, P.hec 0.47.5 in this P.acre 1.17 % within this total extent of P.hec.0.81.0 or p.acre 2.00 of land converted as house site as per approval of Aandihalli panchayat in the name of “Akshaya Nagar” in this sites No 2,13,24,40,43 & 50 is consisting with an extent of 7986.32 sq ft of vacant house site within the following four boundaries: Site No.2- 1200 sq ft; North of Plot No.3,South of Plot No. 1,East of 20 ft breadth road left by vendor,West of Property in the name of District Collector. Admeasuring East to West on both sides 40 feet,South to North on both sides 30 feet. Site No. 13- 1200 sq ft; North of Plot No. 12, South of Plot No. 14,East of Plot No 20, West of 20 ft breadth road left by vendor. Admeasuring East to West on both sides 40 feet, South to North on both sides 30 feet. Site No.24 - 1200 sq ft; North of the properties left for common place, South of Plot No.23, East of 20 ft breadth road left by vendor,West of Plot No.9.Admeasuring East to West on both sides 40 feet,South to North on both sides 30 feet. Site No.40 - 1200 sq ft; North of Plot No.41,South of Plot No.39,East of 20 ft breadth road left by vendor, West of Plot No.27. Admeasuring East to West on both sides 40 feet, South to North on both sides 30 feet. Site No.43- 2006 lA sq ft; North of Place meant for common, South of Plot No.44, East of SF No.412/A, 413/B, Podukal canal and Kaliamman and others lands, West of 20 ft breadth road left by vendor. Admeasuring East to West on Northern side 63 3A feet, East to West on Southern side 70 feet, South to North on both sides 30 feet. Site No.50- 1180.07 sq ft; North of Plot No.49, South of Plot No.51, East of S.No.412/A,413/B, Podukal canal and Kaliamman and others lands , West of 20 ft breadth road left by vendor. Admeasuring East to West on Northern side 30 feet, East to West on Southern side 41 % feet, South to North on Eastern side 33 3A feet, South to North on Western side 32 lA feet. All the above said six plots (plot no 2, 13, 24, 40, 43 & 50) put together of 7986.32 Sq ft vacant land along with all mammool pathway rights and all other appurtenances attached thereon. This property situated at Dharmapuri to Thiruppathur Highway Road, Aandihalli village and Dharmapuri union. Reserve Price - Rs. 12,00,000 /- EMD - Rs.1,20,000/-; Prior Encumbrance: Nil- Branch Manager Contact No.99439- 88050.

or The Karur Vysya Bank Ltd., Page 4 of 7

thorised Officer Inspection of the Asset All working Days From 02.11.2020 to 24.11.2020 between 11.00 am to 5.00 pm Last date and time for submitting online Date: 24.11.2020 Tender & Application Forms Time: by 5 pm Date and Time of E-Auction The E-Auction will take place through portal w'ww. matexauctions.com on 25.11.2020 between 11.00 a.m to 12.00 noon with unlimited extensions of 10 minutes each till sale is concluded. Bid Amount Incremental Rs.25,0007- Nodal Bank account Name The Karur Vysya Bank Ltd, Central office in favour of above Account No: 1101351000000973, IFSC Code: KVBL0001101. Contact Person & Phone No As mentioned above

The E-tenders should be accompanied with EMD remittance details. EMD should be remitted through RTGS / NEFT to Nodal Bank Account without time lag, failing which the tender becomes disqualified or The EMD of 10% of the Reserve Price can also be paid by of a Demand Draft/Pay Order drawn in favour of The Karur Vysya Bank Ltd, Payable at respective branches along with Bid Form.

TERMS AND CONDITIONS OF THE E-AUCTION ARE AS UNDER

1. E - Auction is being held on “AS IS WHERE IS”, “AS IS WHAT IS”, AND “WHATEVER THERE IS” BASIS”. 2. The E-auction will take place through portal www.matexauctions.com on 25.11.2020 between 11.00 a.m to 12.00 noon with unlimited extensions of 10 minutes each, till the sale is completed. 3. For detailed procedure and terms and conditions of E-Auction, interested bidders may visit www.matexauctions.com and download relevant documents. Interested bidders may also get in touch with service provider on below mentioned contact numbers. 4. It shall be in the discretion of the Authorized Officer to cancel the auction proceeding for any reason and return the EMD submitted and Bank would not entertain any claim or representation in that regard from the bidders. 5. Particulars specified in respect of the said property/ies in the above schedule have been stated to the best of the information of the Authorized Officer / Bank. 6. The intending purchaser / bidder is required to submit amount of EMD and register their name at www.matexauctions.com to the above mentioned accounts and get user ID and Password free of cost and get training on E-Auction from Mr.K.Sampath Kumar, 0422- 4980191; Mobile No. - 9944171360, e-mail sampathtomatexnet.com. Cheques will not be accepted for EMD. Bidders are required for participating in the E-auction to hold Digital Signature Certificate and also to furnish the details in the Auction Application Form available on the site. 7. The said EMD shall be adjusted in the case of highest bid, otherwise it will be refunded. The earnest money deposit will not carry any interest. Brokers / Middlemen shall not be entertained. 8. The sale shall be confirmed in favour of the purchaser who has offered the highest sale price in his bid to the Authorized Officer and shall be subject to confirmation by the Bank. 9. The purchaser shall deposit 25% of the amount of sale price after adjusting the Earnest Money Deposit within 24 hours (Banking Days) of acceptance of highest bid by the Authorized Officer in respect of sale, failing which the Earnest Money Deposit shall be forfeited. The highest bidder shall be declared to be the purchaser of the properties mentioned herein provided he should be legally qualified to bid at all stage. 10. The balance 75% of the sale price shall be paid by the purchaser on or before 15th day (during banking hours) of confirmation of sale by the Authorized Officer or such extended period as agreed upon in writing by and solely at the discretion of the Authorized Officer. 11. In default of payment of sale price or any part thereof within the period(s) mentioned hereinabove, the deposit(s)/ Part payment shall be forfeited and the property shall be resold and the defaulting purchase shall forfeit all claims to the property or any of the sum for which it may be subsequently sold. For Thr Karur Vysya Bank Ltd. f’age 5 of 7

^Qvuthorised Officer 12. On confirmation of the sale by the Bank and or compliance of the terms of payment the Authorized Officer shall issue a certificate of sale of the said property in favour of the purchaser in the form given in Appendix V to Enforcement of Security Interest Rules. 13. The Authorized Officer is not bound to accept the highest bid or any or all bids and reserves the right to accept or reject any or all the bids without assigning any reason thereof and his decision will be final binding on all the parties attending the auction. 14. Participation by any person in the sale shall be treated as conclusive evidence of the fact that the party has inspected the property/ies offered for sale and satisfied himself about the title, measurement, extent, boundaries and location of the property/ies. It shall also imply and be taken for granted that the party has carefully gone through and understood the terms and conditions of auction including the amendments if any, prevailing at the time of auction bid. No objection shall be entertained by the Bank and or the Authority after the bid is accepted. 15. The successful purchaser would bear all the charges / fees payable for conveyance such as stamp duty, registration fee, applicable GST (Goods and Service Tax) and all other taxes etc, as applicable as per law of Government of and state of Tamilnadu and other Authorities. 16. Delivery / possession should be taken by the purchaser or his authorized representative against proper authorization letter only and it should be completed within the time schedule at their own risk, cost and arrangement and they will not be entitled to claim any facility or assistance or cost on this account from the Bank. 17. Any other conditions / changes / amendments to the auction terms and conditions, if made, and which are not incorporated in these terms and conditions will be announced at the time of auction which will be binding on the bidders. 18. The Bank reserves its right to accept / reject any bid, withdraw any property at any stage from auction sale after acceptance of the deposit amount for full value by the buyer, without assigning any reason thereof and value of such properties if paid for, shall be refunded. 19. The Bank shall not be responsible for any damage or loss, whatsoever, to purchaser on account of such withdrawal. 20. The property/ies will be put for auction as per the convenience of Bank and it is not obligatory to go serially if the properties are more in number. 21. The properties shall remain in every respect at the risk of the purchaser from the date of acceptance of their offer and the Bank shall have no liability for the safe custody or preservation thereof till the date of delivery / taking possession by the purchaser. 22. To the best of the knowledge and information of the Authorized Officer no other encumbrance exists on the properties. 23. All persons participating the E-Auction should upload and submit his / their sufficient and acceptable proof of his / their identity, residence, and authority and also PAN / TAN cards etc. 24. Participation by anyone in this sale shall be treated as conclusive evidence of the fact that the party has inspected the assets offered for sale and satisfied himself/herself in all respects and the principle “Caveat Emptor” (let the buyer beware) will apply. 25. As per the Section 194 -1A of the Income Tax Act 1961, TDS @1% will be applicable on the sale proceeds where the sale transaction is Rs.50,00,000/-(Rupees Fifty Lakhs) and above. The successful bidder /purchaser shall deduct 1% TDS from the Sale Price and deposit the same with the income tax department in Form N0.I6B, containing the Bank’s Name and the PAN No. AAACT3373J as a seller and submit the original receipt of the TDS Certificate to the Bank. 26. The sale is subject to the conditions prescribed in the SARFAESI Act, Rules 2002, amended from time to time and the conditions mentioned above.

Special Instructions:

Bidding in the last minutes and seconds should be avoided in the bidders own interest Neither The Karur Vysya Bank Ltd nor Service Provider will not be held responsible for any lapses / failure (Internet Failure, Power Failure etc.,) on the part of the 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 whatever required so that they are able to circumvent such situation and still be able to participate in the auction successfully.

Statutory 15 days’ Notice under Rule 9 (11 of the SARFAESI Act. 2002

or The Karur Vysya Bank Ltd?,a§e 6 of 7

thorised Officer The borrower/s and guarantor/s are hereby notified to pay the dues as mentioned above along with up to date interest and ancillary expenses before the date of e-Auction, failing which the Schedule properties will be auctioned/sold and balance dues, if any, will be recovered with interest and cost. i,' or Th Karur Vysya Bank Ltd.,

*.*• Authorised Officer Date: 03.11.2020 Authorized Officer Place: Salem The Karur Vysya Bank Ltd.,

Page 7 of 7