e-Corporation Bank Kalaiyarkoil Branch Address: Annai Complex, Arulsamy Building, Madurai – Thondi Road, Kalayar Kovil – 630551, Sivaganga District Phone No: 04575 232027 Mail Id: [email protected] E-Auction Sale notice (For sale of immovable properties) 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/charged to the Secured Creditor, the constructive possession of which has been taken by the Authorised Officer of Union Bank of India (Secured Creditor), will be sold on “As is where is”, “As is what is”, and “Whatever there is” on 19.01.2021 between 11.00 am and 03.00 pm, for recovery of Total Rs.31,77,739/- (Rupees Thirty One Lakh Seventy Seven Thousand Seven Hundred Thirty Nine Only) as on 28/11/2020 plus future Interest, cost and charges due to the Union Bank of India (Secured Creditor) from 1. HOUSING LOAN Borrower/ Mortgagor: Address 1. Mr.V.Pitchaimani 454, VIP Nagar, Maravamangalam, S/O. Veerannan, Sivaganga - 630554 2. Mrs.Muthulakshmi 454, VIP Nagar, Maravamangalam, W/O. Pitchaimani Sivaganga - 630554 Co-Obligant/ Mortgagor /Guarantor: 1. Mrs.Muthulakshmi (Co-Obligant) 454, VIP Nagar, Maravamangalam, W/O. Pitchaimani, Sivaganga - 630554 2. SKM TRADERS Borrower/ Mortgagor: Address 1. SKM TRADERS 454, Vip Nagar, Maravamangalam, Repreasented by its prop Sivaganga - 630554 Mr.V.Pitchaimani S/O. Veerannan, 2. Mrs.Muthulakshmi 454, Vip Nagar, Maravamangalam, W/O. Pitchaimani Sivaganga - 630554 Co-Obligant/ Mortgagor /Guarantor: 1 1. Mr.P.Kanagarasu (Guarantor) 237, Panankadi, Sivaganga - 630556 S/O.Poochivelalar, The reserve price will be Rs.28,26,000/- (Twenty Eight Lakhs and Twenty Six Thousand Only) and the earnest money deposit (EMD) will be Rs.2,82,600/-(Two Lakh Eighty Two Thousand and Six Hundred Only). The Minimum Bid multiplies shall be Rs.25,000/-(Rupees Twenty Five Thousand Only). (Description of the immovable property) Property description as specified in the sale deed dated 02.01.2014 Item – 1 All piece & part of the land (240 Sq.ft) located in Sivaganga District, Sivaganga Registered district, Kalaiyarkoil Sub-District, Sivaganga Taluk, Palkulam Group, Mangalam Village, In survey No.397/1-part, subdivided as Survey No.397/1C-part Extent 240 Sq.feet. Four Boundaries: North : Plot No.137; South : Dry land owned by Thiruvannamalai Vagaiyarah; East: Dry land site owned by Micheal; West : Kulakkal. Measurements: East - West on the Northern side : 30 feet; East - West on the Southern side : 30 feet; North - South on the Eastern side : 8 feet; North - South on the Western side : 8 feet; Total area : 240 Sq.ft. The above Survey No.397/1C is now sub divided as Survey No.397/10A1A Total Extent Hect.3.64.99 Item – 2 All piece & part of the land (3421 ¼ Sq.ft) & R.C.C. building (858 Sq.ft.) with Ground floor constructed thereon with electrical fittings bearing Bearing Plot NO: 137 located in Sivaganga District, Sivaganga Registered district, Kalaiyarkoil Sub-District, Sivaganga Taluk, Palkulam Group, Mangalam Village, V.I.P. Nagar, In survey No.397/1-part now subdivided as Survy No.397/1B-part Extent 3421 1/4 Sq.feet. Plot No.137 Four Boundaries: North : 20 feet wide East-West common pathway; South : Dry land purchased by Pitchaimani from Micheal; East : Plot No's 135 and 136; West : Kulakkal; Measurements: East-West on the Northern side : 55 feet; East-West on the southern side : 30 feet; North-South on the Eastern side : 77 feet; North-South on the Western side : 84 feet; Total areaa : 3421 ¼ Sq.ft. Plot Number : 137 The above survey No.397/1B is now sub divided as Survey No.397/10A1A Total Extent Hect.3.64.99 2 For detailed terms and conditions of the sale, please refer to the link provided in https://ibapi.in (Common landing platform for E-Auction of Bank Properties), www.unionbankofindia.co.in and For Registration and Login and Bidding Rules visit https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp. STATUTORY 30/15 DAYS SALE NOTICE UNDER RULE 8(6)/Rule 9(1) OF SECURITY INTEREST (ENFORCEMENT) RULES 2002 This may also be treated as notice u/r 8(6)/Rule 9(1) of Security Interest (Enforcement) Rules, 2002 to the borrower/s and guarantor/s of the said loan about the holding of E- Auction Sale on the above mentioned date. Date: 29.12.2020 Authorised Officer Place: Sivaganga 3 .