The Authorised Officer Of The Maharashtra State Co-operative Bank Ltd., Mumbai (Incorporating The Vidarbha Co-Op Bank Ltd.) Sir Vithaldas Thackersey Memorial Bldg., 9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai – 400 001., Maharashtra Reference No. MSCB/DIRR/SEC-71/______/2020-21 Dated 08-12-2020 BID DOCUMENT For Sale of Assets Of JAI KISAN SAHAKARI SAKHAR KHARKHANA LTD., BODEGAON TAL-DARWHA, DIST.-YAVATMAL Under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 And Security Interest (Enforcement) Rules, 2002 1 | P a g e TABLE OF CONTENTS I. COPY OF NOTICE OF SALE …………………………….……………………………………………………………..3 II. COPY OF POSSESSION NOTICE………………………………………………………………………………………5 III. INTRODUCTION …………………………………………………………………………………………………………..6 IV. DETAILS OF SECURED ASSETS- IMMOVABLE ASSETS/PROPERTIES…………………………………7 V. DETAILS OF SECURED ASSETS- MOVABLE ASSETS AND PLANT & MACHINERY…………….....9 VI. OUTSTANDING DUES OF THE SECURED CREDITIORS……………………………..……………………..14 VII. TERMS AND CONDITIONS…………………………………………………………………………………………….15 VIII. BRIEF DETAILS OF BID/OFFER DOCUMENT……………………………………………………………….....21 IX. FORM OF BID/OFFER…………………………………………………………………………………………………….22 X. FORM OF APPENDIX TO THE BID/OFFER (DECLARATION BY THE BIDDER)………………………23 XI. FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER/COMPANY/FIRM/PARTY…………25 XII. CERTIFICATE OF SALE *See rule 7(2)+ (FOR MOVABLE PROPERTY) ………………………………….27 XIII. CERTIFICATE OF SALE [See rule 9(6)] (FOR IMMOVABLE PROPERTY) ……………………………….28 XIV. DEED OF UNDERTAKING CUM INDEMNITY…………………………………………………………………….29 2 | P a g e I. Copy of the Notice for Sale THE MAHARASHTRA STATE CO-OPERATIVE BANK LTD., MUMBAI (Incorporating The Vidarbha Co-Op Bank Ltd.) (Schedule Bank) Head Office: 2nd Floor, Sir Vithaldas Thackersey Memorial Bldg., 9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai – 400 001, Post Box No. 472 Tel Nos. 91-022- 22800747/22800612 website: www.mscbank.com Regional Office:- THE MAHARASHTRA STATE CO-OPERATIVE BANK LTD., Dr. Dhananjay Gadgil Road, Mahal, Nagpur – 440032. RE-TENDER NOTICE FOR SALE SALE OF IMMOVABLE AND MOVABLE PROPERTIES OF JAI KISAN SAHAKARI SAKHAR KARKHANA LTD, BODEGOAN, YAVATMAL, MAHARASHTRA. IN TERMS OF SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 (SARFAESI Act, 2002) The undersigned being the Authorised Officer (AO) of The Maharashtra State Co-Operative Bank Ltd., Mumbai (Incorporating The Vidarbha Co-Op Bank Ltd.), hereby invites Bids/Offers in sealed envelopes for sale of the following properties of JAI KISAN SAHAKARI SAKHAR KARKHANA LTD., BODEGOAN, TAL. DARWA, DIST- YAVATMAL, MAHARASHTRA., under the provisions of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with the Security Interest (Enforcement) Rules, 2002, possession whereof have been taken by the undersigned on 03-09-2016. Brief Description of the Properties:- JAI KISAN SAHAKARI SAKHAR KARKHANA LTD. (manufacturer of sugar and its allied by-products)., is situated at VILLAGE- Bodegoan, TAL. DARWA, DIST. YAVATMAL, MAHARASHTRA. Sr. Particulars Location Land Area No. 1. Factory Land and Building, Plant & Machinery and Tal. Bodegoan and Pimpalgoan Total 37.37 Hect. (Bodegoan) Scrap & Store Goods having capacity of 2500 TCD. Dist- Yavatmal 11.43 Hect. (Pimpalgoan) 2. (Rs in Lakhs) Sr Name of the Capacity Property Description Reserve EMD Inspection Bid Outstanding No Unit Price-Rs. (10% of Date/ Opening as on R.P) Rs. Time Date/Time 30.09.2020 Lot -A 1167.03 116.70 14-12-2020 M.S.C. Bank 1 Jai Kisan SSK 2500 24-12-2020 Lands at Village Pimpalgoan To 22206.39 Ltd., Bodegoan, TCD and Bodegoan, 3.00 p.m. Taq. Darwha, 15-12-2020 Dist- Yavatmal Lot-B 1135.00 113.50 11.00 a.m. Plant & Machinery, Scrap to 5.00 and Store Goods p.m. Total 2292.03 229.20 The Bank intends to sell the assets detailed above as “AS IS WHERE IS, AS IS WHAT IS AND WHATEVER WHICH IS WITHOUT ANY WARRANTY, GUARANTEE, WITHOUT ANY RECOURSE, ASSURANCE AND UNDERTAKING OR REPRESENTATION OF ANY KIND WHATSOEVER”. The AO does not take or assume any responsibility for any shortfall of the movable/immovable assets, for procuring any permissions etc., or for any dues, statutory or otherwise viz. Provident Fund, Sales Tax, Central Excise, G.S.T., Worker’s Dues, Property Tax, Electricity Charges, Water Charges etc., of any authority established by law. Such dues if any, both existing & future relating to the property will have to be borne / paid by the purchaser. 3 | P a g e (For Sr.No.1 such dues including statutory dues are to be paid on Pro-rata basis)for each lot the responsibility to be borne/paid by the Purchaser whatever is applicable as per law. The successful bidder of each lots should deposit the said pro-rata amount against all the dues of karkhana with MSC Bank. 2 The higher bid/tender for Lot A orLot B shall be acceptable. However, if any of the bidder willing to run karkhana on the same place then the highest bidder of Lot A or Lot B who is ready to match the tender price with highest bid of the said lots, the bid amount of that bidder shall be given priority over the other bid amounts. 3. On the date of opening of the tender, the AO will declare the highest bidder above the reserved price, as successful bidder. No inter-se bidding shall take place. The successful bidder would be required to bear all the necessary expenses like stamp duty, registration expenses etc., for transfer of secured assets. 4. EMD should be paid through RTGS (RTGS/NEFT: IFSC: MSCI 0082002, A/c. No. 116459 MSCB Agro Dept.) to “The Maharashtra State Co-operative Bank Ltd.,” on or before the date of submission of tender. The EMD shall be refunded to unsuccessful bidder on the same date or next working day of opening of bid. The EMD will not carry any interest. 5. The Bid document can be obtained from the undersigned during 08-12-2020 to 23-12-2020 on any working day (except second & fourth Saturday, Sunday and Public Holiday) between 11.00 a.m. to 5.00 p.m., on payment of non-refundable fee of Rs.25,000/-plus(+)GST 18% Rs.4500/- = Rs.29,500/- (Twenty Nine Thousand Five Hundred only), by NEFT. The Bid documents are available at Mumbai Head Office and Regional Office Nagpur. Further it can also be downloaded from website of the bank www.mscbank.com. In case of downloaded document, the document fees shall be paid through NEFT before submission of the bid at the time of submission of bid. 6. Bidder can submit bid for Lot-A, or Lot-B, or both Lot A & B. However, First preference shall be given to the bidder bidding for both Lot A & B together. EMD should be paid through RTGS/NEFT for each lot separately. 7. Tender submission on or before 23-12-2020 up to 5.00 p.m., at H.O., Mumbai. 8 Date of opening of Sale tender is on date 24-12-2020 at 3.00 p.m. 9 The AO reserves the right to accept/ reject any/or all the bids without assigning any reasons. In case all the bids are rejected, the AO reserves the right to sell the assets by any of the mode as prescribed in the SARFAESI Act, 2002. 10. After opening of bid, bidder whose bid for the lot is highest will be the Successful bidder for that Lot. The successful bidder would be required to bear all necessary expenses like Stamp duty, Registration expn. Etc. for transfer of secured assets. 11. The Bid document is available on MSC Bank website (www.mscbank.com) from 08-12-2020 to 23-12-2020. STATUTORY SALE NOTICE UNDER SARFAESI ACT,2002 The Borrower/Guarantors are hereby noticed to pay the total outstanding dues before the opening of bid failing which the secured assets will be auctioned and balance if any will be recovered with interest and cost from you. This notice was already given wide our advertisement of previous respective sale. Hence, complied with the statutory provision of 30 days. Date : 08-12-2020 SD/- Place : Mumbai (Dr. Ajit Deshmukh) Managing Director & Authorised Officer The Maharashtra State Co-Operative Bank Ltd., Mumbai The public notice published following newspapers: 1. Financial Express (All over Maharashtra) dated 08-12-2020 2. Loksatta (All over Maharashtra) dated 08-12-2020. 4 | P a g e II. COPY OF POSSESSION NOTICE THE MAHARASHTRA STATE CO-OPERATIVE BANK LTD., MUMBAI (Incorporating The Vidarbha Co-Op Bank Ltd.) Head Office: Sir Vithaldas Thackersey Memorial Bldg., 9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai – 400 001, Post Box No. 472 Tel Nos. 91-022-22822217/22876020. Web Site: www.mscbank.com Regional Office: THE MAHARASHTRA STATE CO-OPERATIVE BANK LTD., Dr. Dhananjay Gadgil Road, Mahal, Nagpur – 440032 Maharashtra POSSESSION NOTICE FOR IMMOVABLE AND MOVABLE PROPERTY Whereas the undersigned being the Authorised Officer of The Maharashtra State Co-Operative Bank Ltd., Nasik Region, under the Securitisation and Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002 and in exercise of powers conferred under Section 13 (2) read with rule 9 of the Security Interest (Enforcement) Rules, 2002 issued demand notice dated 03-10-2006 and taken possession under Section 13(4) of the said Act on 03-09-2016 The above notice was published in Loksatta and The Indian Express (Nagpur Edition) newspaper on 07-09- 2016. SD/- AUTHORISED OFFICER ALIS ASST. MANAGER The Maharashtra State Co-Operative Bank Ltd., Mumbai Regional Office, Nagpur 5 | P a g e III. INTRODUCTION The Maharashtra State Co-Operative Bank Ltd., at Mumbai in the State of Maharashtra (MSCB), issued a demand notice dated 03-10-2006 under Section 13 (2) of the Securitisation and Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002 (hereinafter referred to as “the SARFAESI Act”) calling upon JAI KISAN SAHAKARI SAKHAR KARKHANA LTD.