Indian Overseas Bank
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Indian Overseas Bank - Sethiathope Branch (111/41 North Main Road Sethiathoppu 608702 Phone No: 4144-244888, email id: [email protected] ) e-AUCTION SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES [Under Proviso to Rule 8(6) of Security Interest (Enforcement) Rules] 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/Mortgagor Mr. V Shankar S/o Mr. A Viswanathan and Guarantor Mr. A Viswanathan both are residing at No.2/9, East street, Valasakadu Village, Kattumannarkoil Taluk, Cuddalore District-608701 that the below described immovable property mortgaged/charged to the Secured Creditor, the constructive possession of which has been taken by the Authorised Officer of Indian Overseas Bank Secured Creditor, will be sold on “As is where is”, “As is what is”, and “Whatever there is” on 21.10.2020, for recovery of Rs. 8,36,266.37 (Rupees Eight Lakh Thirty Six Thousand Two Hundred Sixty Six and Paise Thirty Seven) as on 31.12.2019 due to the Indian Overseas Bank, Secured Creditor from Mr. V Shankar (Borrower/Mortgagor), Mr. A Viswanathan (Guarantor). The reserve price will be Rs.8,30,000/- and the earnest money deposit will be Rs.83,000/-. Description of the Immovable property: Residential land & building located at R.S.No. 188/2 is sub divided by old S.No.31, East street, Valasakadu Village, Kattumannarkoil Taluk, Sethiathope Sub R.D., Chidambaram R.D., Cuddalore District. The extent of the land property is 8393 Sq.Ft with residential building in 459 sq.ft. This property belongs to Mr. V Shankar S/o Mr. A Viswanathan. Boundaries: North of Kuppusamy Plot South of Seenivasan plot East of Road West of Rajamanickam Vagaira plot .