6s lndion Overseos Bonk Regionol Office 20-21, Kqmorojor Sqlqi, Koncheepurom-631 501, Tomil Nodu Phone no.O44-27225360, 27223165,27223131 , 2723481 1 Emqil I [email protected] (Sole through e-oucllon only) E.AUCIION SAIE NOIICE SALE OF IMMOVABLE PROPERTY MORTGAGED TO THE BANK UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2OO2 l. Whereos M/s. hos borrowed monies from Indion Overseos Bonk,...... Bronch ogoinst the mortgoge of the immovoble properties more fully described in the schedule hereunder ond on upon clossificolion of lhe occount os NPA, the Bonk hos issued o demond nolice under Section l3(2) of lhe SARFAESI Acl, 2002 (Act) on --------- colling upon the borrowers M/s.------ ond lhe guorontors & to poy the omount due lo lhe Bqnk, being Rs. (mention dues in words) os on------ (dote) poyoble together with further interest ot controctuol roles ond rests olong with costs, chorges etc till dote of repoyment wilhin 60 doys from the dote of receipt of the soid notice. 2. Whereos the borrowers & guorontors hoving foiled to poy the omount dues in full to lhe Bonk os colled for in the soid demond notice, the Bonk hos token possession of the secured ossels more fully described in the schedule hereunder on ------- -- under Section 13 (a) of the Acl with the righl to sell the some in "As is where is" ond "As is whot is" bosis under Sectionl3(4) of the Act reod with Rules 8 &9 of the Security interest (Enforcement) Rules,2002 for reolizotion of Bonk's dues. Ihe dues to the bonk os on the dote of toking possession wos intimoted os Rs. (mention dues ln words) os on---- (dote) poyoble together with further interest of controctuol rotes ond rests olong with costs, chorges elc till dote of repoyment, ofter reckoning repoyments, if ony, since the dote mentioned in the demond nolice. 3. The dues of the borrower os on ----(dole of sole notice) works oul lo Rs. (menlion dues in words) otler reckoning repoyments, if ony, omounting to Rs...... subsequent lo the Bonk issuing demond notice. ) 4. The undersigned in exercise of the powers conferred under Sec l3(4) of the soid Act proposes to reolize the Bonk's dues by sole of the under mentioned properties. 5. SCHEDULE OF PROPERTY(IES) with boundsries detoils:- Dote ond lime of e-ouclion 28.02.2020 between I I A M To I PM with outo extension of 05 minules eoch till sole is Completed. Reserve Price Rs Eornest Money Deposit Rs 10% of Reserve Price) EMD Remittonce Deposit through EFI/NEFT/ RTGS Tronsfer in fovour of " IOB-- Bronch" (full oddress of the Bronch lo be given) to lhe credit of A/C no.------- Bronch Code:--- IFSC Code--------- Bid Multiplier Rs.50,000/- (the omount in multiples of which the bid is to be increosed) lnspeclion of property 12.02.2020 lo 27.02.2020 from I 0 AM to 5 PM Submission of online 12.02.2020 onwords opplicotion for bid with EMD storts (dote of poper publicotion is on 11.02.2020) Losl dote for submission of 27.02.2020 online opplicotion for BID with [ot Ieost I doy(s)l prior to the dote of e- EMD ouclion) Known Encumbronce if ony NIL/NOT KNOWN *Outstonding dues Rs........... of NIL/NOT KNOWN Locol Self Government(Property Tox, Woter seweroge, Electricity Bills etc) *Bonk's dues hove priorily over the stotutory dues. ^A^ lndian Overseas Bank AZ\ REGIONAL OFFICE: 20,21 Kamarajar Street, Kancheepuram - 631501 VV Ph: 2722 5360, 2722 3165, 2722 31 31. 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