Indian Overseas Bank No.7C New No.33 Arunachalam Road,Saligramam, Chennai -600093 Phone No: 044- 23761709,23763765 Email id: [email protected] PUBLIC NOTICE FOR E- AUCTION FOR SALE OF IMMOVABLE PROPERTIES [Under Proviso to Rule 8(6) of Security Interest (Enforcement) Rules] E-Auction Sale Notice of immovable property /ies under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with proviso to Rule 8(6) of Security Interest (Enforcement) Rules, 2002. Notice is hereby given to the public in general and in particulars to the Borrower(s) and Guarantor (s) that the below described immovable property mortgaged /charged to the Secured Creditor, the constructive possession of which has been taken by the Authorized Officer Indian Overseas Bank Secured Creditor, will be sold on “As is where is”, “As is what is”, and “whatever there is” on 08.04.2019 (date of sale), for recovery of Rs.8,85,537.48 as on 28.02.2019 plus further interest at contractual rates and rests, charges due to the Indian Overseas Bank, Saligramam Branch from M/s Senthil Fabricators represented by the proprietor Mr.M.Bhaskar and Mortgagor cum Guarantor Mrs.B.Thamayanthi The reserve price will be Rs.13,77,000 lakhs (Rupees Thirteen lakhs and seventy seven thousand only and the earnest money deposit will be Rs.1,37,700/- DESCRIPTION OF THE IMMOVABLE PROPERTY Land admeasuring 3390 sq.ft along with Industrial shed at No.82, Puduvoyal-1 Group, Arikathurai village, comprised in Old Sy.No.2 Part and New Sy.No.2/78B, Door No.990, Arikathurai village, Kavaraipettai via, Gummudipoondi Tk, Thiruvallur Dist, Pin 601206 owned by Mrs.B.Thamayanthi W/o Mr.M.Bhaskar bounded by North by: S.No.2/78A Mr.Perumal House and site, South by: S.No.2/79, Mr.Perumal vacant site ,East by: Agricultural patta land belongs to Arulmigu Sir Varamurtheeswarar Aalyam, West by: S.No.2/77 Panchayat Road Situated within the Registration District of Thiruvallur and Sub Registration District of Arani Known Encumbrances : Nil For details terms and conditions of the sale, Please refer to the link provided in IOB Secured Creditor’s website i.e https://www.iob.in/e-Auctions.aspx,https://www.publishtenders.gov.in, https://iob.auctiontiger.net Date: 28.02.2019 Authorised Officer Place: Chennai Indian Overseas Bank ************************************************************************************* This may also be treat as Notice under Rule 8(6)/Rule 9(1) of Security Interest (Enforcement) Rules, 2002 to the borrower/s and guarantor/s of the said loan about holding of e-auction on the above mentioned date. .