MAHASAMUND BRANCH FIRST FLOOR,AIMAN COMPLEX, MAIN ROAD, MAHASAMUND,CHHATTISGARHr -493445 Ph : 07723-222285 [email protected] Bank of Baroda [erstwhile Dena Bank amalgamated into Bank of Baroda with effect from 1st April 2019 in terms of Gazette of India No.GSR No 2E dated 2nd January 2019 issued by Ministry of Finance, Government of India] a body corporate constituted under the Banking Companies (Acquisition and Transfer of Undertaking) Act 1970 and Having its Head Office at Mandavi, Baroda, Gujrat State and one of the Regional Office at Raipur, 2nd Floor LIC Investment Building –II Pandri, Raipur. 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 provisio 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 /hypothecated/ charged to the Secured Creditor, the constructive / physical (whichever is applicable) possession of which has been taken by the Authorised Officer of Dena Bank now Bank of Baroda (Secured Creditor) will be sold on “ As is where is”, “As is what is” and “whatever there is” on 10.06.2019, for recovery of amount due ( mentioned against each property from Sr No 1 to 2 in the following table) to the Bank of Baroda [erstwhile Dena Bank] (Secured Creditor) from Borrowers (mentioned against each property from Sr No 1 to 2 in the following table) and Guarantors (mentioned against each property from Sr No 1 to 2 in the following table). The Reserve Price and the earnest money to be deposited in the account mentioned against each property from Sr No 1 to 2 in the following table. Short description of the immovable property with known encumbrances- S Details of Description of the Secured debt Reserve Earnest Contact no. r Borrower / property to be sold for recovery Price (in Money of N Martgagor with known of which the Rs) Deposit (EMD) Authorised o encumbrances (Type property is to / Account Officer / of Possession be sold (As Number where Service /Encumbrances) per 13(2) EMD to be Provider Notice) deposited / IFSC CODE 1 M/S Malekar Equitable mortgage Rs Rs 1,78,300.00 / 9152941105 Tiles of Diverted land 5,37,573.50 17,83,00 11051199999 / Propritor: Mr. situated at village + interest + 0.00 9 / 6352490775 other Jai Malekar Ghodari, P.H No 33, expenses BKDN0821105 Guarantor - Khasra No 950, area Santram 21520 sq ft., Malekar Revenue Circle and Tahasil and Dist- Branch Mahasamund Mahasamund (In the name of M/S Malekar Tile Prop. Mr. Jai Malekar). (Symbolic / No encumbrance in Bank’s Knowledge) MAHASAMUND BRANCH FIRST FLOOR,AIMAN COMPLEX, MAIN ROAD, MAHASAMUND,CHHATTISGARHr -493445 Ph : 07723-222285 [email protected] 2 M/S Sachdev Equitable Mortgage Rs Rs Rs 97,600.00 9152941105 Ice Factory of land and building 14,12,660.55 9,76,000. /11051199999 / in Khasra No 1196, + interest + 00 9/ 6352490775 Propritor: other BKDN082110 Mr. Rakesh P.H No 89/42, Ward expenses 5 Sachdev no 10, area 959 sq.ft, Ganjpara, Guarantors - Mahasamund (In Sumita the name of Mrs. Sachdev and Sumita Ramesh Sachdev).(Symbolic / Sachdev No encumbrance in Bank’s Knowledge) Branch – Mahasamund Terms & Conditions 1 . The auction will be conducted online through website https://bob.auctiontiger.net on 10.06.2019 between 12:00 noon to 02:00 pm. Interested bidders should hold valid email id to register themselves with the portal and obtain login ID and Password. 2. The intending bidders contact to e- Auction agency for participating in e-auction M/s E- Procurement Technologies Ltd.), B-704, Wall Street - II, Opp. Orient Club,Nr. Gujarat College, Ellis Bridge, Ahmedabad - 380006 Gujarat (India) [Contact No: 9265562821 - 079 61200 594 / 598 / 568 / 587/538. Mr Adesh Mohad 6352490775 e-mails id https://bob.auctiontiger.net , Contact Email – [email protected]. 3. The EMD shall be payable through NEFT/RTGS on or before 07.06.2019 by 5:00 p.m. in the account mentioned above and shall carry no interest. 4. Only eligible buyers as per terms and conditions available at the web sites as above and after confirmed payment of EMD shall be eligible for participating in the online auction. 5. The amount of EMD paid by the successful bidder shall be adjusted towards the sale price. The interested bidders may inspect the property at site between 10.30 AM to 4.30 PM on 20/05/2019. 6. The bidder who submits the highest bid (not below the reserve price) on closure of online auction shall be declared as successful bidder subject to approval by the Authorised Officer. 7. Bid increment amount is Rs 5,000.00 (Five Thousands only). If any offer is received within the last 5 minutes of closing time, the bidding time will be extended automatically by another 5 minutes and if no bid higher than last quoted highest bid is received within the extended 5 minutes, the auction sale will automatically get closed at the expiry of extended 5 minutes. 8. Upon confirmation of the sale, the successful purchasers shall deposit 25% of the sale price (including EMD amount already paid) immediately and balance 75% within 15 days failing which the Bank shall forfeit amounts already paid/deposited by the purchaser. In default of payment, the property shall be re-sold and the defaulting purchaser shall not have any claim whatsoever. MAHASAMUND BRANCH FIRST FLOOR,AIMAN COMPLEX, MAIN ROAD, MAHASAMUND,CHHATTISGARHr -493445 Ph : 07723-222285 [email protected] 9. In case of final bid amount/sale consideration of asset under auction is Rs 50.00 lakh or above, the successful bidder shall deduct and remit TDS @ 1% of bid amount from the sale consideration by giving PAN number of borrower/mortgagor as deductee which can be obtained from Authorised Officer/Bank after completion of bidding and remaining 99% of sale consideration shall be payable to bank within stipulated time. 10 In such cases sale consideration of asset under auction is Rs 50.00 lakh or above, the successful bidder/purchaser on payment of entire sale consideration as above (net of TDS) and on completion of sale formalities, shall be issued a Sale certificate for the subject property as per format prescribed under SARFAESI act & Rules 2002 only upon receipt of challan-cum-statement in form no. 26QB having remitted the TDS. The certificate for TDS in form 16B to be submitted to the Bank subsequently. 11 The successful purchaser, on payment of entire sale price and on completion of sale formalities, shall be issued a sale certificate as per format prescribed under SARFAESI Act & Rules 2002. The purchaser shall bear the expenses on Stamp duty and Registration charges if any on the Sale Certificate. 12 Any statutory and other dues payable and due on the properties shall be borne by the Purchaser. The offers not confirming to the terms of sale shall be rejected. The Bank reserves its rights to reject any or all of the offers or accept offer for one or more properties received without assigning any reasons, whatsoever. Note - We refer para no.4 of the scheme of amalgamation published in the Gazaette of India vide notification No GSR No.2E dated 2nd January 2019 regarding validity of documents and continuation of action continued by Bank of Baroda STATUTORY 30 DAYS SALE NOTICE UNDER SARFAESI ACT The Borrowers/Guarantors are hereby given notice to pay the sum mentioned as above before the date of auction, failing which the property will be auctioned and balance if any will be recovered with interest and cost from them by legal avenues. Authorized Officer Place: Mahasamund Date: 07.05.2019 .