Regd Office : HDFC BANK House, Senapati Bapat Marg, Lower Parel, Mumbai-400 013 DEPARTMENT FOR SPECIAL OPERATIONS FIRST FLOOR CHOICE TOWERS, MANORAMA JUNCTION, ERNAKULAM – 16 ( PH: 0484 4861247) PUBLIC NOTICE FOR SALE Whereas Under Sec 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002, a notice dated 03.08.2016 for the recovery of a sum of Rs. 17,32,105.00 (Rupees Eleven lacs Sixty two thousand Seven hundred forty two and paise Ninety two only) as on 31.07.2016 was issued to (1). M/s Image Office Automation,33/2519 AKG Vayanasala Road,Chakkaraparambu, Thammanam, Cochin – 682032 (2). Mr. Harikumar K.N.,Proprietor : M/s Image Office Automation ,33/2519 AKG Vayanasala Road, Chakkaraparambu, Thammanam , Cochin - 682032 , Also at Mr. Harikumar K.N., Sreepadmam, 8 A, Illam Appartments, Vennala P.O. Ernakulam 682 028 (3) Mrs. Mini Harikumar, Sreepadmam, 8 A, Illam Appartments , Vennala P.O., Ernakulam - 682028 (hereinafter referred to as “the borrower”) . And whereas the borrower having failed to pay the said amount, the secured assets mentioned below was taken possession on 16.01.2017 . And as the sale of secured asset is to be made to recover the secured debt. And whereas on 20.10.2019 there is due under the secured debt, a sum of Rs 21,95,936.64 (Rupees Twenty One Lakhs Ninety Five Thousand Nine Hundred Thirty Six and Paise Sixty Four only) [as per recovery certificate issued by DRT Ernakulam plus expenses] plus future interest and expenses if any. Notice is hereby given that in the absence of any postponement/discontinuance of the sale, the said property shall be sold through e- auction conducted through https://sarfaesi.a uctiontiger.net on 02.12.2019 from 11am to 1 pm (with 5 minutes unlimited extension). Last date of submission of KYC documents and bid form with EMD amount (10% of Reserve Price) is on 30.11.2019 upto 4pm. Bid increment value will be Rs.10,000/-. The EMD and other amount remittance to be made through EFT/NEFT/RTGS transfer to A/c No:02400930000063 (Name of the Account : FUNDS TO BE CLEARED : DOC SERV, Name of the Beneficiary : HDFC BANK LTD ; IFSC Code : HDFC0000240). The sale of the property will be on 'as is where is' and 'as is what is' condition. To the best of knowledge and information of the Authorised Officer, there is no encumbrance on the property. However, the intending bidders should make their own independent inquiries regarding the encumbrances, title of property put on auction and claims/ rights/ dues/ affecting the property, prior to submitting their bid. The e-Auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation of the bank. The property is being sold with all the existing and future encumbrances whether known or unknown to the bank. The Authorised Officer/ Secured Creditor shall not be responsible in any way for any third party claims/ rights/ dues. At the sale, the public generally is invited to submit their separate tender personally. No officer or other person, having any duty to perform in connection with this sale shall however directly or indirectly bid for, acquire or attempt to acquire any interest in the property sold. Notwithstanding any thing stated above, it is open to the Bank to appoint a representative and to make self-bid and participation in the auction. If the Borrower pays the amount due to the Bank in full before the date of sale , the sale is liable to be stopped. The sale shall be subject to the conditions prescribed in the Security Interest (Enforcement) Rules 2002 and also subject to the following conditions: The particulars specified herein below have been stated to the best of the information of the undersigned but the undersigned shall not be answerable for any error, misstatement or omission in this notice. The Reserve Price of property is Rs. 7,50,000/- (Rupees Seven Lakhs Fifty Thousand only) Prospective bidders who require assistance in creating login ID and password, digital Signature, Training on e-auction procedure etc may contact, M/s. e-Procurement Technologies Ltd (AuctionTiger) A-801,Wall Street-II, Opp.Orient Club, Nr. Gujarat College, Ellis bridge, Ahmadabad, Gujarat-380006. over phone at Help Line No : 079- 61200517 , email id: [email protected] / [email protected] / [email protected] / Contact Persons Mr. Madhusudan Nair- 9686999578 & Mr. Praveen Kumar Thevar- 9722778828/ 079- 61200517 For property related query contact Authorised Officer, HDFC Bank Ltd Mob: 9349006724 / 9020141331/ 9387885144 email; [email protected] / m [email protected] / [email protected]. The EMD will be returned to the unsuccessful bidders. The highest bidder shall be declared to be the purchaser provided always that he is legally qualified to bid and provided further that the amount bid by him is more than the said Reserve Price. For reasons recorded, it shall be in the discretion of the 'Authorised Officer' to adjourn/ discontinue the sale. Inspection of the property may be done on 28.11.2019 at 11.00 AM. The person declared to be the purchaser shall immediately after such declaration, deposit twenty -five per cent of the amount of purchase money to the 'Authorised Officer' and in default of such deposit, the property shall forthwith be put up again and resold. In case the initial deposit is made as above, the balance amount of the purchase money payable shall be paid by the purchaser to the 'Authorised Officer' on or before the 15 th day from the date of confirmation of the sale of the property, exclusive of such day or if the 15th day be a Sunday or other holiday, then on the first office day after the 15 th day. In default of payment within the period mentioned above, the property shall be resold, after the issue of a fresh public notice for sale. The deposit shall stand forfeited to the Bank and the defaulting purchaser shall forfeit all claims to the property or to any part of the sum for which it may be subsequently sold. Reserve Price : Rs 7,50,000/- EMD Amount : Rs 75,000 Last date for submission of EMD : 30.11.2019 Auction Date : 02.12. 2019 Time From 11 am to 1 pm (with 5 minutesunlimited extension) SCHEDULE DESCRIPTION OF THE IMMOVABLE PROPERTY Item No : I EM of 1.83 Ares in Re. Sy. No:414/1-2 (Old SY. No:23/3-A/3) of Parakadavu Village, Aluva Taluk, Ernakulam District covered under Doc. No:.2598/2009 of Chengamanad SRO with all improvements thereon. BOUNDARIES: East Property of Malathy Menon North Balance property of Ravikumar West Balance property of Ravikumar South Property of Hari Kumar Item No : II EM of 0.2032 Ares in Re. Sy.No:414/1-3 (Old Sy.No: 23/3-A/3) of Parakadavu Village, Aluva Taluk, Ernakulam District covered under Doc. No:. 2022/2011 of Chengamanad SRO with all improvements thereon. BOUNDARIES: East Property of Malathy Madhavan Kutty North Property of Hari Kumar West Property of Hari Kumar South Panchayath Road Place : Ernakulam Date : 27.10.2019 Authorised Officer HDFC Bank Ltd 1st Floor, Choice Towers Manorama Junction Kochi – 682016.