VIJAYA BANK (NOW BANK OF BARODA) (A Govt. of India Undertaking) Doddakodihalli Branch Near Bus Stand, Main Road, Doddakodihalli, Hassan Dist.-573125 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 Bank of Baroda(earlier Vijaya Bank), will be sold on “As is where is”, “As is what is” and “Whatever there is” on 25.06.2020 for recovery of Rs. 10,76,306=90p due to Bank of Baroda from M/s. Vishnu Hardware & Electricals, Prop. Khangararam (Borrower), S/o. Dhanaramji Patel, Haranhalli Road, Javagal, Arsikere Taluq, Hassan Dist. – 573125 (2) Mrs. Sithadevi,(Guarantor/Mortgagor), W/o. Khangararam, Haranhalli Road, Javagal, Arsikere Taluq, Hassan Dist. – 573125 (3) Mr. Huliyappa,(Guarantor) S/o. Shivanna, C/o. Pushpagiri Agro Shop, Belur Road, Opp. K. E. B. Javagal, Arsikere Taluq, Hassan , Dist. - 573125 . The reserve price will be Rs. 11,70,000/ and the earnest money deposit will be Rs. 1,17,000/. All the part and parcel of the immovable property of 2 site bearing site no (1) Assessment no. 976/1403/1/17/1 M E No 158/2016-17 Dt.27-12-2016 measuring EW 7.621 mtrs. NS 6.097( 25*20 feets) and site no (2) 977/1403/2/17/2 M R 159/2016-17 Dt.27.12.2016 measuring EW 7.621 mtrs. NS 6.097 (25*20 feets) at Javagal village, Arsikere Taluq, Hassan Dist., measuring EW – 30ft, NS – 50ft, and bounded by, Site no 1 Site no 2 East : Site no 18 East : Site no 18 West : Doddagatta Road West :Doddagatta Road North : Panchayathi Road North : M. N. Thimmegowda’site South : Devaraju’s site South: Karab land Note: The intending bidders/purchasers may visit the website https:// bob.auctiontiger.net for detailed terms and conditions regarding auction proceedings. As required under Rules 8(6) and 9(1) of Security Interest (Enforcement) Rules, 2002, 15 days notice is given to the above borrowers/guarantors/mortgagors through this e-auction sale notice with regard to sale of the aforesaid mortgaged properties in e-auction. The intending bidders may contact the Branch Manager, Vijaya Bank,(Now Bank of Baroda) Doddakodihalli Branch, Near Bus Stand, Main Road, Doddakodihalli, Hassan District, Karnataka-573125 for ascertaining the details of property and also for inspection of property on the date fixed by the Bank (Contact No. 08174-271028), Email ID:[email protected]. Place: Doddakodihalli Authorised Officer Date: 02-06-2020 Vijaya Bank(Now BOB) Terms and conditions of Sale: 1. Auction/bidding shall only be through “online electronic mode” through the website of the Service Provider https://bob.auctiontiger.net. M/s. E-Procurement Technologies Ltd. (Auction Tiger), Ahmedabad is the Service Provider to arrange e-auction platform. 2. The bidders may participate in e-auction for bidding from their place of choice. Internet connectivity shall have to be ensured by bidder himself. Bank/Service Provider shall not be held responsible for the internet connectivity, network problems, system crash down, power failure etc. 3. For details, help, procedure and online training on e-auction prospective bidders may contact the Service Provider M/s. E-Procurement Technologies Ltd. (Auction Tiger), Phone No. 079- 40230811/12/10. Contact Person Mr. Manohar – 7353931866, Email Id: [email protected] 4. Bidders are advised to go through the website https://bob.auctiontiger.netfor detailed terms and conditions of auction sale & auction application form before submitting their Bids for taking part in the e-auction sale proceedings. 5. For participating in e-auction sale the intending bidders should register their details with the Service Provider M/s. E-Procurement Technologies Ltd. (Auction Tiger), Ahmedabad well in advance and get the User ID and password. Only the password may be changed on receiving it. Bidders are required to hold digital signature certificate for participating in the E-Auction at their own cost. 6. The properties “SHALL NOT” be sold below the reserve price i.e Rs. 11,70,000/-(Rupees Eleven Lakhs and Thrity Thousand Only). 7. For participating in e-auction, intending bidders have to deposit a refundable EMD of 10% of reserve price by way of RTGS/NEFT/Funds Transfer to the credit of A/c. No. 107900301000167, Bank of Baroda, Erstwhile Vijaya Bank, Hassan Main Road Branch, Hassan through IFSC Code “VIJB0001079“or by Demand Draft /Pay Order in favor of Bank of Baroda, erstwhile Vijaya Bank, Hassan Main Branch payable at Hassan. The intending bidders should submit the quotations along with the Demand Draft towards EMD in a sealed cover by 3.30 PM on or before 23.06.2020 to the Authorised Officer, Bank of Baroda, erstwhile Vijaya Bank, Regional Office, No. 204, 1st Floor, Santhepet, Hassan . The sealed cover shoule be superscribed with “Quotation for participating in E-auction sale – “M/s. Vishnu Hardwares ”. Tender Forms may be collected from the branch. 8. The successful bidder should deposit 25% of the bid amount (including EMD) on the same day of the sale, being knocked down in his favor and balance 75% of bid amount within 15 days after the sale date by RTGS/NEFT/Funds Transfer to the credit of A/C No.107900301000167, Bank of Baroda, erstwhile Vijaya Bank, Hassan Main Road Branch, Hassan through IFSC Code “VIJB0001079“or by Demand Draft /Pay Order in favor of Vijaya Bank, Hassan Main Branch payable at Hassan. 9. In case of default in payment at any stage by the successful bidder/auction purchaser within the stipulated time, the sale will be cancelled and the amount already paid will be forfeited and the property will be again put to sale. 10. The successful bidder shall bear the charges payable for conveyance, Registration fee, stamp duty etc., as applicable in related laws. 11. The property is being sold on “AS IS WHERE IS & AS IS WHAT IS BASIS” and subject to conditions prescribed in the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. 12. Bids once made shall not be cancelled or withdrawn. All bids made from the user ID given to bidder will be deemed to have been made by him only. 13. Prospective bidders are advised to peruse the copies of Title deeds with the Bank and verify the latest Encumbrance Certificate and other Revenue/Municipal records to exercise due diligence and satisfy themselves on the Title and Encumbrances, if any over the property. 14. All bidders shall be deemed to have read and understood the terms and conditions of sale and be bound by them. 15. The Authorized Officer may postpone/cancel the e - Auction without assigning any reason thereof. 16. In case the e-Auction scheduled is postponed to a date before 15 days from the scheduled date of sale, it will be displayed on the website of the Service Provider. Note: The intending bidders may contact the Branch Manager, Vijaya Bank,(Now Bank of Baroda) Doddakodihalli Branch, Near Bus Stand, Main Road, Doddakodihalli, Hassan District, Karnataka-573125 for ascertaining the details of property and also for inspection of property on the date fixed by the Bank(Contact No. 08174-271028, Email ID: Place: Doddakodihalli Authorised Officer Date: 02.06.2020 Bank of Baroda [NowVijaya Bank ] .