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F Terms and Conditions for Sale of Asset Through Online E-Auction Under Sarfaesi Act 2002

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F Terms and Conditions for Sale of Asset Through Online E-Auction Under Sarfaesi Act 2002 Egmore Branch, 123, Durga Towers, R.L.Road, Egmore, Chennai-600008, India email:[email protected]; Phone number #044-28553482/28553601/28544242/28552244 www.bankofbaroda.com ANNEXURE – F TERMS AND CONDITIONS FOR SALE OF ASSET THROUGH ONLINE E-AUCTION UNDER SARFAESI ACT 2002 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 6 (2) & 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), Mortgagor (s) and Guarantor (s) that the below described immovable property mortgaged/ charged to the Secured Creditor, possession of which has been taken by the Authorised Officer of Bank of Baroda, Secured Creditor, will be sold on “As is where is”, “As is what is”, and “Whatever there is” basis for recovery of dues in below mentioned account/s. The details of Borrower/s/Mortgagor/Guarantor/s/Secured Asset/s/Dues/Reserve Price/e-Auction date & Time, EMD and Bid Increase Amount are mentioned below - Sr Name & address of Borrower/s / Guarantor/ Total Dues. Date & Time Reserve Price EMD Status of Possession Property /L Mortgagor s of E-auction. and (Constructive Inspection date & ot Bid Increase Amount. /Physical) Time. No . M/s. Vijyalakshmi Traders Rs.8,47,53,466. 24-12-2020 Property No.1 Constructive 14/12/2020 to 00/- as on Rs. 2,12,00,000/- 19/12/2020 Office (1):No.20, Nagathamman Koil St, West 31/07/2020 with 02:00 PM Rs. 21,20,000/- 11:00 AM Mambalam, Chennai-600033. Office (2): additional TO Rs.10,000/- TO NO.1, S.V. CHIDAMBARAM SALAI, expenses/cost etc 04:00 PM 01:00 PM JAFFERKHANPAT, ASHOK NAGAR, Chennai. as applicable Property No.2 Godown: No. 1/14, J.N. Road, (near I.O.C. Rs.82,00,000/- Petrol Bunk), East Tank Bond St., Thiruvallur Rs.8,20,000/- – 602001. Rs.10,000/- Represented by 6 partners (Borrower) Property No.3 Rs.70,00,000/- Managing Partner (1) Mr. G. Chidambaram s/ Rs.7,00,000/- o. Mr. Ganapathy Rs.10,000/- No. 23 A, Mullai St., Sakthi Nagarm Adambakkam, Kanchipuram Dist. Office: 'J' GARDENS, NO.132, GNT ROAD, PONNIYAMMAN MEDU, MADHAVARAM, Chennai. (Borrower) Property No.4 Partner (2) Mrs. Bhubaneswari w/o. Mr. Rs.70,00,000/- Rs.7,00,000/- Ramesh Babu (Property no.1) Rs.10,000/- H-68, HIG-II, TNHB, 6th Gandhi Road, Jothi Nagar Post, Arakkonam-631003. Property No.5 (Borrower-Mortgagor) Rs.2,15,00,000/- Partner (3) Mr. C. Baskeran s/o Mr. Rs.21,50,000/- Chockalingam (Property no.2) Rs.10,000/- No.59, Pillayar Koil St,, Grigilspettai, Arakkonam-631002. (Borrower-Mortgagor) Partner (4) Mr. M. Ganesan s/o. Mr. Murugaiah (Property no.3) New Door 9E, 3rd Cross St., Kasturibai Nagar, Avadi, Chennai – 600 054. (Borrower-Mortgagor) Partner (5) Mr. S. Murugesan S/o. Late Sriramulu (Property no.4) Door no. 3/2, 9th st., Kamarajar Colony, Kodambakkam, Chennai-600024. (Borrower-Mortgagor) Partner (6) Mr. P Natarajan S/o. Periyappa (Property no.5) No.9, Thandapani St., Velachery, Chennai- 600042. (Borrower-Mortgagor) Mrs. Usharani w/o. Mr. Ganesan.M (Property no.3) New Door 9E, 3rd Cross St., Kasturibai Nagar, Avadi, Chennai – 600 054. (Guarantor) Detailed description of the immovable property with known encumbrances, if any: Property No.1 All that piece and parcel of vacant land and building in the sanctioned plan of the 58 SFS Houses at Arakkonam neighborhood Scheme area bearing House no. H-68, HIG-II, T.N.HB, 6th Gandhi Road, Jothi Nagar Post, Arakkonam Town, Arakkonam Taluk, Vellore Dist.631003 admeasuring 2907.8 sqft. (270.24 square meter) of land along with buildup area of 75.20 sq.mt RCC house theron, comprised in town Survey no.3, Ward no.B, old block no.3, New block no.33 situated at Arakkonam Town & taluk, Vellore Dist and bounded on the North by – Saw Mill; South by – Plot No. H-69 and partly sold property; East by – Plot no. MIG-1-3 & H-69; West by – Arakkonam Thiruttani Hiigh Ways Road and partly sold property thereon situated within the Registration District of Velleore and Sub Registration District of Arakkonam Joint-II. Property No.2 All that piece and parcel of land and building bearing to an extent of 0.287 acres and building measuring 12 Mtr X 10 Mtr known as Shed No,3, in SIDCO Industrial Estate, Arakkonam, comprised in Survey no. Old S.F. No.38/2 (pt), 47/B (pt) of Ammanur Village at present in Arakkoanam Town Municipal Registry Ward – D, Block – 7, T.S. No.9, Arakkonam Taluk, Vellore District Bounded on the North by –; Shed no.2 South by – Shed no.13; East by – 40 Feet Road; West by –Shed no.4 Inclusive of the ACC terraced Shed Ground Floor measuring 120 sq.mtr, inclusive of Electric Service connection no. 284-002-524 its deposit and electric fittings etc. situated within the Registration District of Arakkonam and Sub Registration District of JSRO-1 Arakkonam. Property No.3 All that piece and parcel of land and building bearing New Door 9E, 3rd Cross St., Kasturibai Nagar, Avadi, Chennai – 600 054. Admeasuring 2070 sq.ft. of land and building comprised in old S.No.122/1C3, Plot no.8, Kasthuribai Nagar, S.No.13, Ward No.G, Blcok No.15, as per patta in Vilinjibakkam Village, Sriperumbudur Taluk, now Avadi Town, Avadi Taluk, Tiruvallur Dist. And Bounded on the North by – common road; South by – Rosalyn Plot; East by – Deshpande’s plot; West by – Zackarias Plot Measuring on the Eastern side – 46 feet; Southern side – 45 feet; Western side – 46 feet; Northern side – 45 feet; together with the building thereon situated within the Registration District of Chennai – South and Sub Registration District of Avadi. Property No.4 All that piece and parcel of land and building bearing plot No. 410, in Door no. 3/2, 9 th st., Kamarajar Colony, Kodambakkam, Chennai- 600024, situated in T.S. No. 4/1 pt, Block No.45, Puliyur Village, G=Egmore – Nungambakkam Taluk, District of Chennai. Bounded on the North by – Plot No. 366; South by – 40 Feet Road; East by – Plot No, 411; West by – Plot No. 409 measuring East to West on the Northern Side: 6.7 meter; East to West on the South Side: 6.7 meter; North to South on the Eastern Side: 12.2 meter North to South on the Western Side: 12..2 meter and measuring 82.0 sq.meter within the Registration District of Central and Sub Registration District of Kodambakkam. Property No.5 All that piece and parcel of land and building, situated at Velachery Village, Dhandapani St,, Velachery, Chennai – 600 042, comprised in Survey no. 145/1, measuring an extent of 3270 sq.ft., land with building, Velachery Taluk, Chennnai District, Registration District of Chennai South and Sub Registration District of Velachery, lying within thye Chennai Corporation Limit with all fixtures, electrical installations, TNEB service connection along with its security deposits and service connection charges and all common amenities provided thereon, and all other appurtenances wharsover appertaining thereto, and the entire landed area and bounded North by – Murugesan’s house; South by – Paul’s house; East by – plot belongs to Rajul; West by – Dhandapani St. In all ad measuring an extent of 3270 sq.ft. land with building or thereabouts. TERMS AND CONDITIONS 1. The Sale will be conducted by the undersigned through e-auction platform provided by the e-Auction service provider MSTC Ltd at the Website https://www.mstcecommerce.com on the date and time mentioned above. The intending Bidders/Purchasers are requested to register on portal https://www.mstcecommerce.com (direct link https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp) using their mobile number and email-id. Further, they are requested to upload requisite KYC documents. Once the KYC documents are verified by e-auction service provider (may take 2 working days), the intending Bidders/Purchasers have to transfer the EMD amount using online mode in his Global EMD Wallet well in advance before the auction time. Bidder registration, submission & verification of KYC documents and transfer of EMD in wallet must be completed well in advance at least two days before auction date. In case Auction purchaser submits the KYC documents within two days preceding the Auction date, Authorized officer / Bank / e- Auction service provider is having liberty to accept and complete the KYC verification & EMD amount. However in such event the Authorized officer / Bank / e- Auction service provider will not be held liable for any delay/failure for verification of KYC documents and failure to transfer EMD in wallet. The interested bidder will be able to bid on the date of e-auction only if the Bidder’s Global Wallet have sufficient balance (>=EMD amount) as on the date and time of Auction. Bidders may give offers either for one or more properties. In case of offers for more than one property bidders will have to deposit EMD for each property. 2. Earnest Money Deposit (EMD) amount as mentioned above shall be paid online i.e. through NEFT after generation of Challan from (https:www.mstcecommerce.com) in bidders Global EMD Wallet. NEFT Challan will be valid for one transaction only. If multiple transactions are made, only first will be reconciled and other transaction(s) shall not be considered. NEFT transfer can be done from any Scheduled Commercial Bank. Only NEFT mode should be used for fund transfer.
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