Indian Overseas Bank Singanallur Branch Coimbatore Phone: 0422 2595909 Tamil Nadu Pin 641 015 E-Mail [email protected]
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Indian Overseas Bank Singanallur Branch Coimbatore Phone: 0422 2595909 Tamil Nadu Pin 641 015 e-mail [email protected] BY REGD. POST WITH AD (Issued under Rule 8(5) and 9(1) of the Security Interest (Enforcement) Rules2002) Place: Coimbatore Date: 13.08.2019 To Sl No Borrowers 1 M/s Shri Vishnu Sakthi Textiles 7/5, 7/6, Sengottaiyan Nagar Nathipalayam Village, Gobichettipalayam, 638476 2 Shri S Karthik Kumar S/o P. Sundararaj 13/13-1,M R Gardens, Krishna Colony, Singanallur, Coimbatore-5 3 Shri . G P L Govindraju S/o G.P.Periyasamy 8/4127-J, Ayyappa Nagar Main Street,P N Road, Tirupur-2 4 Shri V Kameshwaran S/o Venkatasubramaniam 30-B, East Street, Singanallur Agraharam, Coimbatore-641005 5 Mrs. Sumathi Jayaraman W/o N.Jayaraman 5/5B-1B,Sakthi vinayagar Nagar, Vellalore, Coimbatore-641111 6 Mr Luke Dinesh S/o R.Rajamanickam 5/2E, Ashokar street, Vellalore , Coimbatore -641111 7 Dr G Raveendran S/o Gopalasamy No-17, 3rd street, Gandhi Nagar, Gobichettipalayam, Erode district, Tamil Nadu-638452 8 Mr K M Ganesan S/o Marimuthu 9, Patel Street, Majarala Kallipatti, Lokkam Patti Village Gobichettipalayam- 638452 9 Mrs. S Preetha D/o P.Sundararaj Flat No.G001, SRK Silicana Apartments, D Oddathogur,Electronic City Post, Bangalore, Karnataka- 560 100 Sir, 1. This has reference to recovery actions initiated against you under the provisions of the SARFAESI Act 2002. 2. Please refer to the possession notice dated 23.01.2019 issued to you regarding taking possession of the secured assets at more fully described in the schedule below and the publication of the said possession notice in The New Indian express and Dinamani on 29.01.2019 by the undersigned for the purpose of realization of the secured assets in exercise of the powers conferred on the bank as Secured Creditor under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act,2002 and the Rules there under. 3. You the above named borrowers / mortgagors has failed to pay the dues in full save after issuance of demand notice dated 11.09.2018. Hence it is proposed to sell the secured assets mentioned in the Schedule below on “as is where is” and “as it is what is” condition under Sec 13(4) of the Act read with Rules 8 & 9 of the Security Interest (Enforcement) Rules, 2002. 4. The dues in loan account as on 13.08.2019 is Rs.44,55,758.60 (Rupees Forty four lacs Fifty five thousand Seven hundred Fifty Eight and Sixty pasie only) with further interest at contractual rates and rests, besides costs / charges incurred till the date of repayment in full. We hereby give you notice of 30 days that the below mentioned secured assets shall be sold by the undersigned on 16.09.2019 between 12.00 pm and 1.00 pm hours with auto extension of 5 minutes through e-auction using http://www.matexauctions.com (Description of the immovable property) In gobichettipalayam registration District, in Gobi no.II Joint Sub-registration district, Gobichettipalayam Taluk, Nathipalayam Village, in GS no,.7/6, Punj Hectares 0.39.0, in this Punja acres 0.83 situated within the following: Boundaries: North of East west itteri South of the landed property belonging to Dr.K.N.Sengottaian. East of the landed property belonging to Veerappa Gounder West of the property belonging to Marappa Gounder In this Punj acres 0.83 with the right over the mamool cart track for ingress and egress. The old GS no.is 99B Further in the above said village GS no.7/5 Punja Hectares 0.28.5 or Punj Acres 0.70, in GS NO.7/6 Punj Hectares 0.39.0 in this Punj Acres 0.13 and thus totaling Punj Acres 0.83 situated within the following. Boundaries: North of east west itteri South of the landed property belonging to Dr. K.N.Sengottaian East of the landed property belongining to Appachi gounder and palanal West of landed property belonging to Komarasamy gounder and N.K.Karuppasamy In this Punj Acres 0.83 together with right over the mamool cart track. The old GS no.99B. Thus the total extent of landed property comprised in GS no.7/5 and GS no.7/6 of an extent of 1.66 acres together with factory building of an extent of 7290 sqft. Blow room 1526 sqft . staff Quarters 741 sqft .Labour quarters 699 sqft . and cotton godwon 1904 sqft . The property includes electricity services connection bearing no.314-006-464 with all fixtures , fittings attached hereto together with machineries embedded on the earth with borewell and motor pump set and fencing all around the property. The property tax assessment no.88, in ward no.1 Door no.97, Nathipalayam , Gobichettipalayam. Reserve Price: 120,00,000.00 EMD: 12,00,000.00 Yours Faithfully Authorised officer Encl: E-auction notice Indian Overseas Bank Singanallur Branch Coimbatore Phone: 0422 2595909 Tamil Nadu Pin 641 015 e-mail [email protected] 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/s and guarantor/s that the below described immovable property mortgaged to the Secured creditor, the constructive possession of which has been taken by the Authorised Officer of Indian Overseas Bank, Singanallur Branch, Secured Creditor, will be sold on “As is where is” “As is what is” and “Whatever there is” on 16.09.2019 for recovery of is Rs.44,55,758.60 (Rupees Forty four lacs Fifty five thousand Seven hundred Fifty Eight and Sixty pasie only) as on 13.08.2019 due to the Secured Creditor from (1) M/s Shri Vishnu Sakthi Textiles, 7/5, 7/6, Sengottaiyan Nagar Nathipalayam Village, Gobichettipalayam, 638476 (2) Shri S Karthik Kumar S/o P. Sundararaj, 13/13-1,M R Gardens, Krishna Colony, Singanallur, Coimbatore-5 (3) Shri . G P L Govindraju S/o G.P.Periyasamy, 8/4127-J, Ayyappa Nagar Main Street,P N Road, Tirupur-2 (4) Shri V Kameshwaran S/o Venkatasubramaniam, 30-B, East Street, Singanallur Agraharam, Coimbatore-641005 (5) Mrs. Sumathi Jayaraman W/o N.Jayaraman, 5/5B-1B,Sakthi vinayagar Nagar, Vellalore, Coimbatore-641111 (6) Mr Luke Dinesh S/o R.Rajamanickam, 5/2E, Ashokar street, Vellalore , Coimbatore -641111 (7) Dr G Raveendran S/o Gopalasamy, No-17, 3rd street, Gandhi Nagar, Gobichettipalayam, Erode district, Tamil Nadu-638452 (8) Mr K M Ganesan S/o Marimuthu, 9, Patel Street, Majarala Kallipatti, Lokkam Patti Village Gobichettipalayam-638452 (9) Mrs. S Preetha D/o P.Sundararaj, Flat No.G001, SRK Silicana Apartments, D Oddathogur,Electronic City Post, Bangalore, Karnataka- 560 100. The reserve price will be Rs. 120,00,000.00 and the earnest money deposit will be Rs.12,00,000.00. (Description of the immovable property) In gobichettipalayam registration District, in Gobi no.II Joint Sub-registration district, Gobichettipalayam Taluk, Nathipalayam Village, in GS no,.7/6, Punj Hectares 0.39.0, in this Punja acres 0.83 situated within the following: Boundaries: North of East west itteri South of the landed property belonging to Dr.K.N.Sengottaian. East of the landed property belonging to Veerappa Gounder West of the property belonging to Marappa Gounder In this Punj acres 0.83 with the right over the mamool cart track for ingress and egress. The old GS no.is 99B Further in the above said village GS no.7/5 Punja Hectares 0.28.5 or Punj Acres 0.70, in GS NO.7/6 Punj Hectares 0.39.0 in this Punj Acres 0.13 and thus totaling Punj Acres 0.83 situated witin the following. Boundaries: North of east west itteri South of the landed property belonging to Dr. K.N.Sengottaian East of the landed property belongining to Appachi gounder and palanal West of landed property belonging to Komarasamy gounder and N.K.Karuppasamy In this Punj Acres 0.83 together with right over the mamool cart track. The old GS no.99B. Thus the total extent of landed property comprised in GS no.7/5 and GS no.7/6 of an extent of 1.66 acres together with factory building of an extent of 7290 sqft. Blow room 1526 sqft . staff Quarters 741 sqft .Labour quarters 699 sqft . and cotton godwon 1904 sqft . The property includes electricity services connection bearing no.314-006-464 with all fixtures , fittings attached hereto together with machineries embedded on the earth with borewell and motor pump set and fencing all around the property. The property tax assessment no.88, in ward no.1 Door no.97, Nathipalayam , Gobichettipalayam. 16.09.2019 between 12.00 p.m. to 1.00 p.m Date and time of e-auction with auto extension of 5 minutes each till sale is completed. Reserve Price Rs. 120,00,000.00 Earnest Money Deposit Rs. 12,00,000.00 Deposit through EFT/NEFT/ RTGS Transfer in favour of “The Authorized Officer” to the credit of A/C No. 013002000070007, Indian EMD Remittance Overseas Bank, Gandhipuram Branch, 11/953, Cross Cut Road, Gandhipuram, Coimbatore – 641012 Branch Code: 0130, IFS Code: IOBA0000130 Bid Multiplier Rs. 50,000.00 Inspection of property 16.08.2019 to 13.09.2019 during office hours Submission of online application for bid 16.08.2019 onwards with EMD Last date for submission of online 13.09.2019 application for BID with EMD Known Encumbrance if any Nil as per Bank‟s knowledge *Outstanding dues Rs……….