![SALE NOTICE for SALE of IMMOVABLE PROPERTIES [See Proviso to Rule 6 (2) & 8 (6)]](http://data.docslib.org/img/aa0cd93c0655de1fc22a62c13f917637-1.webp)
Zonal Stressed Assets Recovery Branch :Omkar Jyoti Niwas, 2nd Floor,Adarsh Nagar,Market Yard Road, Gultekdi, Pune- 411037
SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES [See proviso to Rule 6 (2) & 8 (6)]
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, 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 (s)/ Guarantor (s) /Secured Asset/s/Dues/Reserve Price/e-Auction date & Time, EMD and Bid Increase Amount are mentioned below:
Sl./ Name & address of Detailed descriptionof the immovable Total Dues Date & Reserve Status of Lot Borrower(s) / Guarantor(s) / Mortgagor(s) property with known encumbrances, if Time of Price, EMD, Possession No any E-auction Bid Increase (Constructi Amount ve/Physical ) 1 Borrower : M/s Pandit Automotive Pvt. Ltd. – Represented by Property No. 1 : All the piece and parcel of Rs. 22/09/2020 RP: Physical Liquidator (the borrower company is under liquidation as per the land admeasuring 01 Hector 24 aars 119,70,90,550.91 from 2,90,00,000/- order dated 09.08.2018 passed by NCLT Mumbai in the matter of bearing Gat no. 133 situated at village as on 09/08/2018 2.00 p.m. EMD: MA 746/2018 in CP No. 1624/IBC/ NCLB/ MB/MAH/2017) Tung, Tal. Miraj, Dist. Sangli which is plus Interest from to 4.00 p.m. 29,00,000/- Address: City S.No. 1073, Final Plot No. 425, Sub Plot 9, Bounded as :On or Towards East - By Gat 10/08/2018 and BI: 1,00,000 BhosaleMystiqa Apartment, ShivajinagarBhamburda Pune, No. 129, On or Towards South - By Gat legal & other Maharashtra – 411016. No. 130 & 131, On or Towards West - By expenses till the Guarantors : 1) Mr.AbhijitShridharDeshpande, No. 33/22, Gat No. 132, On or Towards North - By date of realization. ErandawanePushkarBunglow, Prabhat Road Lane 4, Pune- Gat No. 134 & 135 411004. 2) Mr. Vijay ShrikantGokhale, 3) Mr.Siddarth Vijay Gokhale, 2 and 3 at : No. 19/2/9 SunitaHousing Society Erandwana, Pune, Maharashtra-411004. 4) M/s. Ashok Automotive Sales & Services Pvt. Ltd., No. J/7, Additional MIDC Satara, Maharashtra-415003. 2 Borrower : New Lucky Furniture Pvt. Ltd. , 449 MangalwarPeth, I) All that part and parcel of the property Rs. 15,48,30,188/- RP: Physical Near 15 August Chowk Pune-411011. Situated at S.No. 32 Hissa No. 3/15 , 4,90,50,000/- Guarantor/Mortgagor : 1) Mr.MehboobYakubShaikh (Mortgagor), Measuring 3500 (1500 + 2000) Sq. Mtrs, EMD: 2) Mr.ShabbirYakubShaikh (Mortgagor) , 1 & 2 at : Flat No 1 to 4, behind Angaraj Water Park at 49,05,000/- S. No. 52/2/4, B 3 Jai JawanHsg Society, Behind Camelia Project KondhwaBudruk, Taluka Haveli, District BI: 1,00,000 ,JagtapChowk, Wanorie, Pune-411040. 3) Pune -411 048. Property bounded by- Mr.RafiqueYakubShaikh (Mortgagor), Flat No 305, Gulmohar East: By Road, West: By Adjacent Plot, Building No.1, Green Valley, Wanorie, Pune. 4) North: By Adjacent Building, South: By Mrs.FarzanaMehboobShaikh (Guarantor), Flat No 1 to 4 S No Road. 52/2/4, B 3 Jai JawanHsg Society, Behind Camelia Project, II) Flat No. 1 to 4, 1st to 4th floor, total 820 RP: JagtapChowkWanorie, Pune-411040. sq. mtrs., Jai Jawan Co-operative Housing 4,00,50,000/- Society Ltd., Plot No. 17A & 17B, total 560 EMD: sq. mtrs., S.No 52/2/4, 52/2/7, 40,05,000/- 52/3/2+2+2/9, 2/2/2 A-B. Near BI: 1,00,000/- JagtapChowk, Situated at Village Wanaworie, Taluka Haveli, District Pune 3 Borrower : M/s. Shruti Enterprises, Gat No. 88, Jyoti Nagar, Flat No. 01, First Floor, 'C' Wing 'Oasis Rs. RP : Physical Talawade, Pune-411034. Galaxy' Spine Road, Chikhali, Pune- 99,92,161.21/- 39,90,000/- Guarantor/Mortgagor : 1) NetajiGangaramAchwalkar (Mortgagor), 411019 EMD : 2) PratibhaNetajiAchwalkar (Guarantor), 1 & 2 at : Flat No. C1, 3,99,000/- Plot No. 105, PCNTDA, Oasis Galaxy, Sector 13, Chikhali, Pune BI: 50,000/- 412114. 3) Ramu Shankar Deshinge (Guarantor), Flat No. 203,Gurusmruti Apts. Plot No. 290/292, Survey No. 29 PCNTDA, Ravet Pune 411018. 4 Borrower : 1) M/s. G.V. Puntambekar& Sons Pvt. Ltd. 1) All the part and parcel of the property Rs RP: physical I) c/o Mr Ramesh Puntambekar (Director). Owner 692/1/6/10, consisting Shop No. B-001, built up area 33,48,80,926 2,16,00,000/- Motibaug Society, GovindKrupaBungalow,Near City Pride, 116.25 Sq. mtrs, Ground floor, B wing, EMD: Bibvewadi, Pune-411037. ii) 93/ Green Park, 'C' Bldg, 10th Floor, situated at Narayan Chambers, Mauze 21,60,000/- Flat No 1001, SahkarNagarMarg, Pune- 411009. 2) Mr. Ramesh Pune City, Narayan Peth, Pune - 30. BI: 1,00,000/- SharadchandraPuntambekar (Guarantor). I) 692/1/6/10, Motibaug 2) All the part and parcel of the property RP: Society, GovindKrupa Bungalow, Near City Pride, Bibvewadi, consisting office/Shop B - 102 built up 1,40,00,000/- Pune-411037. ii) 93/ Green Park, 'C' Bldg, 10th Floor, Flat No area 132.00 sq. mtrs, First floor, B-Wing, EMD : 1001, SahkarNagarMarg, Pune- 411009.3) situated at Narayan Chambers, Mauze 14,00,000/- Mr.RajendraSharadchandraPuntambekar (Guarantor). I) Pune City, Narayan Peth, Pune - 30. BI: 1,00,000/- 692/1/6/10, Motibaug Society, GovindKrupa Bungalow, Near City 3) All the part and parcel of the property RP: Pride, Bibvewadi, Pune-411037. ii) Panchvati Society, “D” consisting a) Shop no 4, Ground floor, 4,80,00,000/- Building,Flat No- 702/703, Pune Satara Road, Near Chavan builtup area 97.33 Sq. mtrs. at S. No. - EMD : Nagar, Pune – 411037. 4) Mr.UdaySharadchandraPuntambekar 634, Hissa No. 9/A, Plot No. B, 48,00,000/- (Guarantor). i) 692/1/6/10, Motibaug Society, GovindKrupa MauzeMunjeri, Bibewadi, Tal.- Haveli, BI: 1,00,000/- Bungalow, Near City Pride, Bibvewadi,Pune-411037. ii) Relicon Pune - 37. b) Godown No. A, Ground floor Clara Mount, Flat No- 502, 5th floor, Satara Road, Pune 411037. built up area 64.61 Sq. mtrs, S. No. - 634, 5) G.V. Puntambekar Departmental Stores pvt.ltd (Guarantor). i) Hissa No. 9/A, Plot No. B, situated at c/o Mr.RajendraSharadchandraPuntambekar MauzeMunjeri, Bibewadi, Tal - Haveli, (Director).692/1/6/10, Motibaug Society, GovindKrupa Bungalow, Pune - 37. c) Godown No. B &C, built up Near City Pride, Bibvewadi, Pune- 411037. ii) Panchvati Society, area 51.90 & 112.55 Sq. mtrs respectively, “D” Building,Flat No- 702/703, Pune Satara Road, Near Chavan S. No. - 634, Hissa No. 9/A, Plot No. B, Nagar, Pune – 411037.6) ShrinivasElectrochemPvt. Ltd situated on Ground floor, at (Guarantor). i) c/o MauzeMunjeri, Bibewadi, Tal. - Haveli, Mr.UdaySharadchandraPuntambekar(Director).692/1/6/10,Motiba Pune - 37. Along with exclusive rights ug Society, GovindKrupa Bungalow, Near City Pride, attached to the said Godowns No. A, B Bibvewadi,Pune-411037. ii) Relicon Clara Mount, Flat No- 502, and C.Bidder who is bidding for serial No. 5th floor, Satara Road, Pune 411037 1 & 2 (above) jointly shall have preference over bidders bidding for serial No. 1 & 2 independently.
5 1) M/s. WaradeAlcastPvt. Ltd. , RH 154 ShrishivSai G Block All the piece and parcel of land - Property Rs. RP : physical MIDC Chinchwad, Pune 411019. 2) Mr.ArunJagannathWarade, No. 1.: Survey No./ Gat No.168 38,65,118.77 4,99,50,000/- Plot No 64 Sector 18 Near Police Line BargebastiChimbali, TalukaKhed, Pune EMD: ChikaliRoad,Chinchwad,Pune 411019. 3) (Land Measuring 21R) surrounded by 49,95,000/- Mr.LiladharJagannathWarade -- Owner, Flat No R1-14B/11B,SR East: Gat No. 166,188,189, South: BI: 1,00,000/- 148/1/2,Sus Road,Opp Bank of MaharastraShri Swami Samarth Property of K Ganpat Barge, West: SOC DattaKrupaPashan Pune 411021. 4) Mr. Ramesh Property of Sir Maruti and JagannathWarade, RH-156,G Block, Mayuri Co-Op Housing TanajiParshuramBarge, North: Gat No Society MIDC, Chinchwad, Pune 411019 167. Property No. 2.: Gat No 827 Barge bastiChimbali ,TalukaKhedDist Pune admeasuring 40R Surrounded by East : Gat No. 188,189, South: Road of ChimbaliVillageand Mr Barge's House, North: Gat No. 167, West: Property of Sir Maruti and TanajiParshuram Barge 6 1) M/s. Hotel Silver Pride, R/A –223/5, E Ward, Tarabai Park, All the piece and parcel of the property Rs. 2,10,67,226/- RP: physical Kolhapur- 416 003. 2) Mr AnshumanDilipJadhav (Proprieter& being part admeasuring OH - 32.70 Ares, 2,87,00,000/- Guarantor) - Owner Prop. of M/s Hotel Silver Pride, R/A –223/5, E out of total OH-84 Ares and Pot Kharab EMD: Ward, Tarabai Park, Kolhapur- 416 003. 3) admeasuring OH-13 Ares in Gat No. 28,70,000/- Mr.DilipDattatrayJadhav (Guarantor).R/A –223/5, E Ward, 2873A/1, of village Kasegaon, Tal.-Walwa, BI: 1,00,000/- Tarabai Park, Kolhapur- 416 003.4) Mr. Vijay DattatrayJadhav Dist. Sangli. (Guarantor). R/A –223/5, E Ward, Tarabai Park, Kolhapur- 416 All the piece and parcel of the property RP: 65,00,000/- 003. being part admeasuring OH-5.60 Ares out EMD: of total OH-84 Ares and Pot Kharab 6,50,000/- admeasuring OH-13 Ares in Gat No.2873 BI: 50,000/- A/1, of village Kasegaon, Tal.-Walwa, Dist. Sangli. 7 1) M/S. Sadamate Industries (Prop. Mr 1) Open Plot located at Gat No. 1031 Rs. RP : Physical SadashivGunajiSadamate), Plot No.66, (old Plot No.81) admeasuring 1H & 19 R at village 4,65,91,591/- 1,06,50,000/- Dr.PatangraoKadamAudyogicVasahatSahakari Society Ltd. A/P- Bambavade, Tal. Palus, Dist. Sangli, EMD: Palus, Tal Palus, Dist. Sangli-416310, 2) Owned by 10,65,000/- Mr.SadashivGunajiSadamate, 3) Mrs.PhulabaiSadashivSadamate, BI : 1,00,000/- Mrs.PhulabaiSadashivSadamate, 4) (Guarantor) Mr.RajaramSadashivSadamate, 5) 2) Leasehold Land & Bldg. of the firm at RP : symbolic Mr.RavindraSadashivSadamate, 6) Plot No. 66, (old Plot No. 81), 65,00,000/- Mr.MartandSadashivSadamate, All 2), 5), 6), 7) & 8 at : Plot No admeasuring 600 sq, mts, at EMD : 184/185, Opp new S.T.Stand, A/P Palus, Tal Palus, Dist. Sangli- Dr.PatangraoKadamAudyogicVasahatSah 6,50,000/- 416310, 7) Mr.PratapraoTukaramGondil, 8) akari Society Ltd., Palus, Dist. Sangli- BI: 50,000/- Mr.VishwasShamraoYesgude, 9) Mr.DagaduVitthalJadhav, All 7), 416310, Owned by M/s. Sadamate 8) & 9) at : A/P VidyaVihar Colony, Palus, Tal Palus, Dist. Industries Sangli-41631 3) Hypothecation of Plant & Machinery RP : (Total 71 Machineries) located at the 1,45,00,000/- premises of above Land & Building, EMD : Owned by M/s. Sadamate Industries 14,50,000/- BI: 1,00,000/- 8 Borrower: 1. M/S. Dasguna Industries (Borrower)through 1) Lease holdindustrial land & Building at Rs. 3,85,70,291/- RP : Physical it'sParterners, Plot No. C-89, Additional Jejuri Industrial 1,21,00,000 A) Mr.ManikDaduNale, B) Mrs.SunitaManikNale, C) Area, MIDC Jejuri, Tal. Purandar, Dist. EMD:12,10,000 Mr.VikramManikNale, D) Mr.DayanandGendevPetkar, Pune. /- Registered Office: Plot No. C 89, Additional Jejuri Industrial BI: 1,00,000/- Area,Jejuri, MIDC, Tal. Purandar, Dist. Pune 412302. 2) All the part and parcel of the RP : 2. Mr.ManikDaduNale (Guarantor)At. Post. Jejuri-Morgaon Road, Machineries 1.Plastic Scrap Grinder 18.5 1,32,00.000 Tal. Purandar, Jejuri Pune, Maharashtra 412303. 3. Kw, 2.Pulverizer 15 Kw, 3.High Speed EMD: Mrs.SunitaManikNale (Guarantor), At. Post. Jejuri- Heater Cooler Mixer Machine 50HP, 13,20,000/- MorgaonRoad,Tal. Purandar, JejuriPune,Maharashtra 412303. 4. 4.RPVC Pipe Extrusion Plant Model- BI: 1,00,000/- Mr.VikramManikNale (Guarantor), At. Post. Jejuri-Morgaon Road, KTS250, 5. On Line PVC Pipe Printing Tal. Purandar, Jejuri Pune, Maharashtra 412303. Machine, 6. Solvent Cement Joint 5. Mr.DayanandGendevPetkar (Guarantor), address: Socketing Pneumatic Belling Machine JagadambaApts,Plot no. 4, Bhigwan Road, Near Samrat Hotel, Model- PSPBM 50mm-200mm,7. MIDC, Baramati, Maharashtra. SWR/Elastomeric repair coupler pipe end Socket Belling Machine Model- APS- HPBME 63-160,8. Socketing Inline Machine Model- MPT/PS- 110/6M-FA,9. Drip Line Plant 100HP motors,10. Coiler Unit-Machine,11. Air Compressor Section Model- TS15HN With Air Dryer & Air Piping,12. Chiller 88Kw, Refrigerant- R22,13. Cooling Tower 5 HP motor,14. Laboratory Equipments& Electric installation Present & Future etc. stored at plot no- C-89, Additional Jejuri Industrial Area, MIDC Jejuri, Jejuri, Tal-Purandar, Dist-Pune 3) All the part and parcel of the Residential RP : cum commercial municipal House No. 53,00,000/- 962/31/1 Gat No. 176 area 202 sqmts at EMD: Jejuri, Tal. Purandar, Dist. Pune. 5,30,000/- BI: 50,000/-
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 take2 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. Use of any other payment mode would result in non-credit of EMD amount in the bidder's wallet. Payment of EMD by any other mode such as Cheques will not be accepted. The Earnest Money Deposited shall not bear any interest. For refund of EMD of the unsuccessful bidders, Bidder has to seek the refund online from e-Auction service provider by logging in https://www.mstcecommerce.comand by following procedure for refund given therein and only after seeking refund online, the refund will be made by the e-Auction service provider. EMD amount of the unsuccessful bidders will be returned without interest.
3. Platform (https:www.mstcecommerce.com) for e-Auction will be provided by Bank’s eAuction service provider MSTC Limited having its Registered office at 225-C, A.J.C. Bose Road,Kolkata-700020. The intending Bidders/ Purchasers are required to participate in the e-Auction process at e-Auction Service Provider’s website https:www.mstcecommerce.com. This Service Provider will also provide online demonstration/ training for the intending bidders/ purchasers on e-Auction on the portal before the e-auction. The Sale Notice containing the Terms and Conditions of Sale is uploaded in the Banks websites/webpage portal. https://www.bankofbaroda.in (direct link https://www.bankofbaroda.in/e-auction.htm) and https://ibapi.in. The intending participants of e- auction may download free of cost, copies Terms & Conditions of e-auction, Help Manual on operational part of e- Auction related to this e-Auction from e-Bक्रय–IBAPI portal (https://www.ibapi.in).
4. The bid price to be submitted shall be equivalent or above the reserve price and during the e-auction bidders will be allowed to offer higher bid in inter-se bidding over and above the last bid quoted and by minimum increase in the bid amount given in the table to the last higher bid of the bidders. The property will not be sold below the reserve price set by the Authorized Officer. The bid quoted below the reserve price shall be rejected. The bidders shall increase their bids in multiplies of the amount specified in the public sale notice/Terms and condition of Sale. Unlimited extensionof10Minutestimewillbegivenincaseofreceiptofbid in last ten minutes. Tenminutestimewillbeallowedtobiddersto quote successive higher bid and if no higher bid is offered by any bidder after the expiry of ten minutes to the last highest bid, the e-auction shall beclosed.
5. Intending Bidders are advised to properly read the Sale Notice, Terms & conditions of e-auction, Help Manual on operational part of e-Auction and follow themstrictly.
6. In case of any difficulty or assistance is required before or during e-Auction process they may contact authorized representative of our e-Auction Service Provider https://www.mstcecommerce.com,(direct link https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp) contact details of which are available on the e-Auctionportal.
7. After finalization of e-Auction by the Authorized Officer, successful bidder will be informed by our above referred service provider through SMS/ email. (on mobile no/ email addressgiven by them/ registered with the serviceprovider).
8. The successful Auction Purchaser / Bidder shall have to deposit 25% (Twenty Five Percent)ofthebidamount (i.e. including EMD amount deposited earlier)immediately on finalization/concluding of Auction i.e. on the same day or not later than next working day. The balance amount of bid purchase price payable shall be paid by the successful Auction Purchaser/Bidder to the Authorised Officer on or before the fifteenth day of confirmation of sale of the property or such extended period as may be agreed upon in writing between the purchaser and the secured creditor, in any case not exceeding three months. In case of failure to deposit the amount as mentioned above within the stipulated time, the amount deposited by successful bidder will be forfeited to the Bank and Authorized Officer shall have the liberty conduct a fresh auction/ sale of the property & the defaulting bidder shall not have any claim over the forfeited amount and the property.
9. Default of Payment: Default of payment of 25% of bid amount (less EMD) on the same day or the next working day as stated above and/ or 75% of balance bid amount within the stipulated time shall render automatic cancellation of sale without any notice. The EMD and any other monies paid by the successful bidder shall be forfeited to the Bank by the Authorised Officer.
10. PaymentofsaleconsiderationbythesuccessfulbiddertotheBank will be subject to TDS under Section 194-1A of Income Tax Act 1961 and TDS is to be made by the successful bidder only at the time of deposit of remaining 75% of the bidamount. The successful Auction Purchaser / Bidder shall have to pay applicable GST to Bank on the bid amount.
11. On receipt of the entire sale consideration, the Authorized Officer shall issue the Sale Certificate as per Rules. The purchaser shall bear the stamp duties, including those of sale certificate, registration charges, all statutory dues payable to Government/any authority, Taxes, GST and rates and outgoing, both existing and future relating to properties.
12. No request for inclusion/substitution of names, other than those mentioned in the bid, in the sale certificate will be entertained. The Sale Certificate will be issued only in the name of the success ful bidder.
13. The Sale Certificate will not be issued pending operation of any stay/ injunction/restraint order passed by the DRT/DRAT/High Court or any other court against the issue of Sale Certificate. Further no interest will be paid on the amount deposited during this period. The deposit made by the successful-bidder, pending execution of Sale Certificate, will be kept in non-interest bearing deposit account. No request for return of deposit either in part or full/cancellation of sale will be entertained. In case of stay of further proceedings by DRT/DRAT/High Court or any other Court, the auction may either be deferred or cancelled and persons participating in the sale shall have no right to claim damages, compensation or cost for such postponement or cancellation against Authorised officer / Bank.
14. The Authorized Officer/Bank has the absolute right to accept or reject any bid or adjourn/ postpone/ cancel the sale/modify any terms and conditions of the sale without any prior notice and without assigning any reason including calling upon the next highest bidder to perform in case the earlier bidder fails to perform.
15. The Intending purchaser can inspect the property on date and time mentioned above at his/her expense. For inspection about the title document & other documents available with the Bank, the intending bidders may contact Bank of Baroda Branch during office hours prior at least two days before auction date.
16. The property is being sold on “As is where is”, “As is what is” and “Whatever there is” basis and the intending bidders should make their own discreet independent inquiries & verify the concerned Registrar/SRO/Revenue Records/ other Statutory authorities regarding the encumbrances and claims/rights/dues/ charges of any authority such as Sales Tax, Excise/GST/Income Tax besides the Bank’s charge and shall satisfy themselves regarding the, title nature, description, extent, quality, quantity, condition, encumbrance, lien, charge, statutory dues, etc over the property before submitting their bids. The e-auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation of the bank. The Authorised Officer/ Secured Creditor shall not be responsible in any way for any third party encumbrances/ claims/rights/dues. No claim of whatsoever nature regarding the property put for sale charges/encumbrances over the property or on any other matter etc., will be entertained after submission of the online bid.
17. The Bank does not undertake any responsibility to procure any permission/license, NOC, etc. in respect of the property offered for sale. The Authorised Officer/ Secured Creditor shall not be responsible for any dues like outstanding water/service charges, transfer fees, electricity dues, dues to the Municipal Corporation/local authority/Co-operative Housing Society or any other dues, taxes, levies, fees, transfer fees if any in respect of and/or in relation to the sale of the said property. Successful Bidder has to complywiththeprovisionsofIncomeTaxregarding purchase of property & to pay the tax to the authorities as per applicable rates. 18. The Authorised Officer will be at liberty to amend/ modify/ delete any of the conditions as may be deemed necessary in the light of facts and circumstances of each case. The Bank/Authorised Officer has the absolute right and discretion to accept or reject any bid or adjourn/postpone/cancel the sale/modify any terms and conditions of the sale without any prior notice and assigning any reason. Bidders shall be deemed to have read and understood all the conditions of sale and are bound by the same. No counter- offer/conditional offer/conditions by the bidder and/or successful-bidder will be entertained. Words and expressions used herein above shall have the same meanings respectively assigned to them in SARFAESI Act, 2002, and the Rules framed thereunder. 19. The sale is subject to confirmation by the Secured Creditor Bank. 20. The sale is subject to conditions /Rules/Provisions prescribed in the SARFAESI Act 2002 and Security Interest (Enforcement) Rules, 2002 Rules framed there under and the conditionsmentionedabove. For more details if any prospective bidders may contact the authorized officer onTel No. 020-24260181Mobile: +91 9618083801
Date: 03.09.2020 Name: Mr. P Nageshwara Rao Place: Pune Authorized Officer Bank of Baroda, ZOSARB Pune.