YOUR OWN BANK Naranpura Branch Vijaynagar char Rasta Ahmedabad Gujarat- 380013 Phone: 079-27470681 IB/NARAN/AHMD/SARFAESI/09/2019-20 DATE: 31/08/2019 Publication of Sale Notice (Including for e-auction mode) Notice of intended sale under Rule 6(2) & 8(6) of The Security Interest (Enforcement) Rules 2002 under The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 To 1.Mrs.Nayanaben Vishal Savaliya (Borrower) Residential Address: A/10, Marutinandan Vihar, Nr.Arohivilla,S.P.Ring Road,Bopal,Ahmedabad-380058. Borrower & Mortgagor 2. Mr.Vishal Jayantilal Savaliya Residential Address : A/10,Marutinandan Vihar, Nr.Arohivilla,S.P.Ring Co-Borrower Road,Bopal,Ahmedabad-380058. 3.Mr.Vishal Jayantilal Savaliya Guarantor Residential Address : A/10,Marutinandan Vihar, Nr.Arohivilla,S.P.Ring Road,Bopal,Ahmedabad-380058. Sub: HOME LOAN A/c Mrs.Nayanaben Vishal Savaliya & Mr.Vishal Jayantilal Savaliya with Naranpura Branch Mrs.Nayanaben Vishal Savaliya & Mr.Vishal Jayantilal Savaliya - availed facilities from Indian Bank, Naranpura, Ahmedabad Branch, the repayment of which are secured by mortgage/hypothecation of schedule mentioned properties hereinafter referred to as “the Properties”. Mrs.Nayanaben Vishal Savaliya & Mr.Vishal Jayantilal Savaliya ” failed to pay the outstanding to the bank. Therefore a Demand Notice dated 21/05/2019 under Sec 13 (2) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (for short called as “The Act”), was issued by the Authorised Officer calling upon Mrs.Nayanaben Vishal Savaliya & Mr.Vishal Jayantilal Savaliya and others liable to the Bank to pay the amount due to the tune of Rs.57,87,408.39 (Rupees Fifty Seven Lakhs Eighty Seven Thousands Four Hundred Eight and Thirty Nine Paise only) as on 21/05/2019 with further interest, costs, other charges and expenses thereon. Mrs.Nayanaben Vishal Savaliya & Mr.Vishal Jayantilal Savaliya failed to make payment despite Notice dated 21/05/2019. As Mrs.Nayanaben Vishal Savaliya & Mr.Vishal Jayantilal Savaliya failed to make payment despite Demand notice, the Authorised Officer took symbolic possession of the schedule mentioned properties under the Act on 16/08/2019 after complying with all legal formalities. The amount due as on 21/05/2019 is Rs.57,87,408.39 (Rupees Fifty Seven Lakhs Eighty Seven Thousands Four Hundred Eight and Thirty Nine Paise only) with further interest, costs, other charges and expenses thereon from 01/09/2019. **The date of sale is fixed as 07/10/2019 which would be by e-auction mode. The Tender/bid Form with the terms and conditions can be had on-line from the website: https://www.bankeauctions.com. and using the provision in the system / software, the same could be procured using the ‘seal bid option’ such that the activities could be done online. The tender form and the terms and conditions would be available in the website from 07/09/2019 to 07/10/2019 from 10.00 am to 3.00 pm. The last date for submitting tenders/bids complying with all necessary terms along with EMD in the stipulated manner is 05/10/2019 by 4.00 pm. The tenders/bids shall be opened on 07/10/2019 in the e-auction mode. Inspection of the scheduled properties and related documents / up to date EC etc. by the intending purchasers /bidders may be done at their expense on 04/10/2019 between 11.00 am to 4.00 pm. The Reserve price and Earnest Money Deposit (EMD) for the sale of the secured assets is fixed as mentioned in the schedule. The sealed tenders should be accompanied with EMD taken in DD / BPO / RTGS / NEFT / Account Transfer and / or any other acceptable mode of money transfer without time lag, failing which the tender becomes disqualified. The Nodal Bank account No./IFSC Code etc. for online money transfer is as under: S.No Nodal Bank A/c No IFSC Code Account name 1. 6591986662 IDIB000N013 INDIAN BANK, NARANPURA EMD The sale shall be conferred on the person making highest offer / tender / bid subject to confirmation by Secured Creditor. The Authorised Officer reserves right to accept or reject the bid / tender without assigning any reason whatsoever. Once the auction / e-auction is completed and sale is conferred on the person making the highest offer / tender / bid, the successful bidder will be intimated in person / by email, as the case may be, who has to remit 25% of the bid amount (less the EMD) immediately by DD / BPO / RTGS / NEFT / Account Transfer and/ or any other acceptable mode of money transfer, failing which the EMD amount remitted will stand to be forfeited. The balance sale price shall be paid within 15 days of confirmation of sale or extended time in writing. If the balance amount is not remitted within stipulated/agreed time, the amount of 25% remitted will also stand to be forfeited. The sale is subject to confirmation by the Secured Creditor. The Authorised Officer reserves right to accept or reject the tender/bid/offer without assigning any reason there for. The sale is made on “As is where is and As is What is” basis and no representations and warranties are given by the Bank relating to encumbrances statutory liabilities etc. **If the e-auction fails owing to any technical snag etc., the same may be re-scheduled by issuing 7 days prior notice. *** This Notice is without prejudice to any other remedy available to the Secured Creditor. SCHEDULE The specific details of the assets which are intended to be brought to sale are enumerated hereunder: Mortgaged/ Detailed Reserve EMD Date AND time of sale Possession/ Hypothecated Description to be price Prior assets item given Encumbrance wise Detailed Description to be give Mortgaged Residential Rs. 75.00 Lakh Rs. 7.50 Lakh 07/10/2019 Symbolic assets property in the (Rs. Seventy (Rs. Seven Possession with name of Five Lakhs Lakhs Fifty 3.00 pm the Bank. Mrs.Nayanaben only) Thousand Indian Bank Naranpura Vishal Savaliya & only) Branch NIL Mr.Vishal Jayantilal Savaliya situated at “ANANYA”,Flat No.B/07,B/h.Arya man Bungalows,Nr.Shil aj Crossing,Thaltej- Shilaj Road,Shilaj,Ahme dabad-380059. **Last date 05/10/2019 and time for submission of bid through online mode **Bidders are advised to visit the website (www.bankeauctions.com.) of our e-auction service provider, may contact C1 India Pvt Ltd (Contact number: 0124- 4302020,21,22,23,24 Mr. Bhavik Pandya, Mobile: 8866682937 Email :[email protected] & [email protected] ,Website : https://www.bankeauctions.com. Place: Ahmedabad The Authorised Officer Date : 31/08/2019 (Indian Bank) Your own bank Naranpura Branch Vijaynagar char Rasta Ahmedabad Gujarat- 380013 Phone: 079-27470681 “APPENDIX- IV-A” [See proviso to rule 8 (6)] 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 physical possession of which has been taken by the Authorised Officer of Indian Bank Secured Creditor, will be sold on “As is where is”, “As is what is”, and “Whatever there is” on 07/10/2019 (mention date of the sale), for recovery of Rs.57,87,408.39 (Rupees Fifty Seven Lakhs Eighty Seven Thousands Four Hundred Eight and Thirty Nine Paise only as on 21/05/2019 due to the Indian Bank, Secured Creditor from 1.Mrs.Nayanaben Vishal Savaliya (Borrower) Residential Address: A/10, Marutinandan Vihar, Nr.Arohivilla,S.P.Ring Road,Bopal,Ahmedabad-380058. Borrower & Mortgagor 2. Mr.Vishal Jayantilal Savaliya Residential Address : A/10,Marutinandan Vihar, Nr.Arohivilla,S.P.Ring Co-Borrower Road,Bopal,Ahmedabad-380058. 3.Mr.Vishal Jayantilal Savaliya Guarantor Residential Address : A/10,Marutinandan Vihar, Nr.Arohivilla,S.P.Ring Road,Bopal,Ahmedabad-380058. The Reserve Price will be Rs.75 lakhs (Seventy five Lakhs only) and the earnest money deposit will be Rs 7.5(Seven Lakh Fifty thousand only). Property Details:- 1. Residential property in the name of Mrs.Nayanaben Vishal Savaliya & Mr.Vishal Jayantilal Savaliya situated at “ANANYA”,Flat No.B/07,B/h.Aryaman Bungalows,Nr.Shilaj Crossing,Thaltej-Shilaj Road,Shilaj,Ahmedabad- 380059 For detailed terms and conditions of the sale, please refer to the link provided in website (www.bankeauctions.com.) of our e-auction service provider, may contact C1 India Pvt Ltd (Contact number: 0124- 4302020,21,22,23,24 Mr. Bhavik Pandya, Mobile: 8866682937 Email :[email protected] & [email protected] ,Website : https://www.bankeauctions.com. Date: 19/08/2019 Authorised Officer Place: Ahmedabad (Indian Bank) .