Divisional Office D.No. 47-10-15, Shop No.1, A G Avenue, First Floor, Opp: Pollock School, 2" Lane, KVB1 Karur Vysya Bank Dwarakanagar, Visakhapatnam, Andhra Pradesh -530016 Emailwizagdo@lcvbmaiLcom E-AUCTION NOTICE PUBLIC NOTICE FOR SALE OF IMMOVABLE PROPERTY UNDER SARFAESI ACT. 2002 In exercise of powers conferred under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and Security Interest (Enforcement) Rules, 2002 and pur- suant to the possession of secured assets of the borrower taken by Authorised Officer for recovery of the secured debts dues to The Karur Vysya Bank Ltd, Kakinada Branch, Kakinada amounting Rs.3,32,28,014.69 (Rupees Three Crores Thirty Two Lakhs Twenty Eight Thousand Fourteen and Paise Sixty Nine only) A/c No. 1426257000000031 Rs.3,00,84,733.09 and A/c No.1426789000000163 Rs.31,43,281.60 as on 30.09.2020 with interest and expenses thereon from 01.10.2020 from the borrower and guarantors (1). M/s. Sri Venkata Laxmi Ganapathi Rice In- dustry Rep. by its Prop Sri Nakka Satya Prasad s/o Nakka Venkata Ramana, D.No.1-24, Muruguka- lava Road, Kolla Thumu Centre, Aryavatam 533468, Kajuluru Mandal, East Godavari Dist. (2). Sri Nakka Satya Prasad s/o Nakka Venkata Ramana, D.No.2-227, Brahmana Street, Aryavatam 533468, Kajuluru Mandal, East Godavari Dist (3). Sri Nakka Lakshmanudu s/o Venkata Ramana, D.No.2- 27,Brahmana Street, Aryavatam - 533468, Kajuluru Mandal, East Godavari Dist (4). Sri Nakka Ra- mudu s/o Venkata Ramana, D.No.2-27, Brahmana Street, Aryavatam - 533468, Kajuluru Mandal, East Godavari Dist (5). Sri Nakka Venkata Ramana s/o Nakka Venkataraju, D.No.2-27,Brahmana Street, Aryavatam - 533468, Kajuluru Mandal, East Godavari Dist (6). Sri Parimi Venkata Satish Kumar s/o Venkata Rao, D No.19-1-111, Cinema Road, Kakinada - 533001, East Godavari Dist and (7). Sri Kotikalapudi Sathi Babu (Deceased) s/o Late Tata Rao, D.No.2-28, O.C. Peta, Kongodu Vil- lage, Karapa Mandal- 533006, East Godavari Dist; Legal heir of Sri Kotikalapudi Sathi Babu : Smt. Kotikalapudi Satyanarayanamma w/o Late Tata Rao, D.No.2-28, 0 C.Peta, Kongodu Village, Karapa Mandal - 533006, East Godavari Dist Whereas the undersigned has decided to put up for E-auction of the immovable property offers are invited by way of E-Tender for purchase of the following assets on "AS IS WHERE IS", "AS IS WHAT IS", AND "WHATEVER THERE IS" basis. PROPERTY - I Land and Rice mill building to an extent of 2662 sq. yds along with structures, machinery etc., situated at D.No.1-24, S.No.56/2, Aryavatam Village and Gram Panchayat, Tallarevu Sub- registry, Kajuluru Rural Mandal, East Godavari Dist. vide Doc. No.2411/2013 Dt.13.05.2013 standing in the name of Sri Nakka Satya Prasad s/o Venkata Ramana bounded by: North : Land belonging to Vadutha Vivekananda Swamy and his family members East : Building belonging to Angara Krishna to some extent and the building held by Koppisetti Ram Babu to some extent West : Site belonging to Kala Satyanarayana South : Kurada drain bund to some extent and the house bearing D No.1-25 sold by the vendors to Nakka Ramudu to some extent. Page 1 of 5 For The icrur Vysya Bank Ltd. Authorised Officer PROPERTY ll Land and Residential building thereon to an extent of 250 sq. yds situated at D.No.2-188, S.No.177, Main Road, Aryavatam Village, Kajuluru Mandal, East Godavari Dist vide Doc. No.1132/1997 Dt.19.02.1997 standing in the name of Sri Nakka Venkata Ramana s/o Venkata Raju bounded by North : 44'-00" House belonging to Katta Venkata Narayana East : 51'-00" Senapathula Street West : 51'-00" Main road South : 44"-00" Property belonging to Pullepu Satya Srinivasa Kumar PROPERTY III Land and Residential building to an an extent of 242 sq.yds situated at D.No.1-25, S.No.56/2, Aryavatam Village & Gram panchayat, Tallarevu Sub-Registry, Kajuluru Rural Mandal, East Godavari Dist vide Doc. No.2412/2013 Dt.13.05.2013 standing in the name of Sri Nakka Ramudu s/o N Venkata Ramana North : 50'-00" Rice Mill sold by the vendors to Nakka Prasad East : 43'-06" Site sold by the vendors to Nakka Prasad West : 43'-06" Site belonging to Kala Satyanarayana South : 50"-00" Kuruda Drain Bund PROPERTY IV Land and Residential building to an extent of 484 sq.yds situated at D.No.2-8/2, S.No.89/16, Kongodu Village & Gram Panchayat, Tallarevu Sub Registry, Karapa Mandal vide Doc. No.6759/2010 Dt.27.12.2010 standing in the name of Sri Nakka Lakshmanudu © Lalcshmanarao s/o Venkata Ramana and bounded by: North : 62'-00" Property belonging to Satyamsetti Surya Rao East : 70'-04" House belonging to Medisetti Kanaka Sundaramani West : 70'-04" Gravel Road South : 62"-00" Property belonging to Chitneedl Chandra Rao PROPERTY V Vacant site situated to an extent of 244 sq yds at S.No.261/3, Plot No.18, Block No.70, Ward No.30, Suryaraopeta, Behind V.S. Lakshmi Degree College, Kakinada Mandal vide Doc. No.2267/2011 Dt.02.07.2011 standing in the name of Sri Nakka Lakshmanudu @ Lakshmanarao s/o Venkata Ramana and bounded by North: 45'-00" Compound wall property sold by Anjaneyulu to Kasireddy Atchutharamayya. East: 47'-00" Site bearing Plot No.19 West: 50'-00" Site bearing Plot No.17 South: 45"-00" 30 Feet wide road. PROPERTY VI Land and Residential building to an extent of 484 Sq.yds (actual available extent 396.75 sq.yds) situated at D.No.2-28, S.No.89/15, Kongodu Village, Karapa Mandal, East Godavari Dist vide Doc. No..4658/2010 Dt.16.08.2010 standing in the name of Sri Kotikalapudi Sathibabu (deceased) s/o Late Tata Rao represented by legal heir Smt. Kotikalapudi Satyanarayanamma w/o Late Tata Rao and bounded by North : 84'-00" House and site belonging to Balla Venkanna East : 51'-09" House and site belonging to Medisetti Venkanna West : 51'-00" Road South : 84"-00" House and site belonging to Medisetti Satyam For T e Karur Vysya Bank Ltd. Page 2 of 5 Autfoised Officer Property No Reserve Price EMD (10% of Reserve Bid Amount Price) Incremental I 1,80,00,000 18,00,000 10,000 II 30,00,000 3,00,000 10,000 III 27,00,000 2,70,000 10,000 IV 27,00,000 2,70,000 10,000 V 27,00,000 2,70,000 10,000 VI 19,00,000 1,90,000 10,000 Inspection of the Asset All working Days - From 26.10.2020 to 26.11.2020 between 10.00 am to 5.00 pm Last date and time for submitting Date: 26.11.2020 online Tender & Application Time: 05.00 PM Forms Date and Time of E-Auction The E-Auction will take place through portal httos://kvb.auctiontider.net on 27.11.2020 between 11:00 a.m to 12:00 noon with unlimited extensions of 10 minutes each till sale is concluded. Nodal Bank account Name The Karur Vysya Bank Ltd, Central office in favour of A/c. Sri Venkata Lakshmi Ganapathi Rice Industry of Kakinada branch. Account No:1101351000000973, IFSC Code: KVBL0001101. Contact Person & Phone No The Karur Vysya Bank Ltd, KAKINADA Branch, D No.15-26- 15, Temple Street, Near Balaji Cheruvu, Kakinada-533001, A.P. E-mail- kakinadaPkvbmail.com, Ph No.0884-2341334 Mobile: 9652227227 02. M/s e-Procurement Technologies Limited, Ahmedabad, Mr. Ravi Kumar (Vizag) Ph-8008617666; E-mail: [email protected] & [email protected] The E-tenders should be accompanied with EMD remittance details. EMD should be remitted through RTGS / NEFT to Nodal Bank Account without time lag, failing which the tender becomes disqualified or The EMD of 100/0 of the Reserve Price can also be paid by of a Demand Draft/Pay Order drawn in favour of The Karur Vysya Bank Ltd, Payable at Kakinada along with Bid Form. TERMS AND CONDITIONS OF THE E-AUCTION ARE AS UNDER E - Auction is being held on "AS IS WHERE IS", "AS IS WHAT IS", AND "WHATEVER THERE IS" BASIS". The E-auction will take place through portal https://kvb.auctiontiger.net (Web address of e- auction provider) on (auction date) from 11:00 am to 12:00 noon with unlimited extensions of 10 minutes each, till the sale is completed. For detailed procedure and terms and conditions of E-Auction, interested bidders may visit https://kvb.auctiontigertnet and download relevant documents. Interested bidders may also get in touch with service provider on below mentioned contact numbers. It shall be in the discretion of the Authorized Officer to cancel the auction proceeding for any reason and return the EMD submitted and Bank would not entertain any claim or representation in that regard from the bidders. Page 3 of 5 For The Karur Vysya Bank Ltd. , Authorised Officer Particulars specified in respect of the said property/ies in the above schedule have been stated to the best of the information of the Authorized Officer! Bank. The intending purchaser! bidder is required to submit amount of EMD and register their name at https://kvb.auctiontiger.net to the above mentioned account and get user ID and Password free of cost and get training on E-Auction from . M/s e-Procurement Technologies Limited, Ahmedabad, Mr. Ravi Kumar (Vizag) Ph-8008617666; Email: [email protected] Cheques will not be accepted for EMD. Bidders are required for participating in the E-auction to hold Digital Signature Certificate and also to furnish the details in the Auction Application Form available on the site.