Sale of Immovable /Movable Assets Under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act

Sale of Immovable /Movable Assets Under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act

Stressed Assets Management Branch 15/38, SIC Building, First Floor, Anna Salai, Chennai – 600002 Mobile: 9445039441/044 2842 0002 Email: [email protected] [email protected] E-Auction sale Notice under SARFAESI Act 2002 Sale of Immovable /Movable 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. (Herein after referred to as the act). Notice is hereby given to the public in general and to the borrower/s and Guarantor/s in Particular that the Under mentioned Property mortgaged to Syndicate bank, the Possession of which had been taken by the authorized officer of the bank Under S.13 (4) of the Act will be Sold by E-Auction as Mentioned below for Recovery of Under mentioned dues and Further interest, Charges, and Costs etc. as detailed below. The Property described below is being Sold on “As is Where is, whatever there is and without Recourse Basis” Under rule No. 8 & 9 of the Security Interest (Enforcement) Rules (hereinafter referred to as the rules) for Recovery of the dues detailed as under. M/s Reality Tex Yarn India Pvt. Ltd., Name and 189 Aerodrome Road, address of Near Star School, Borrower Singanallur, Coimbatore- 641005. Email: [email protected] Mobile: 91-9894295019. Office No.0422-2910333 1. Sri .N Dakshinamurthy (Managing Director) Name and Door No A004, Sneham Apartments,Anna Nagar, address of Peelamedu, Surety Coimbatore-641004. Cell No. 9894295019 2.Mr.S.Sudhakar (Additional Director) 15/1 Gopal Nagar, Ondipudur, Coimbatore- 641016 Cell No. 98940890561. 3. Mr.R. Ashok Kumar (Additional Director) Plot no.80 5th Street, Annai Velanganni Nagar, Phase 1 Madanandapuram,Porur, Chennai-600 116 4.Mr. R Kanthakumar (Additional Director) Site No.147, Padakke Gounder Street Ondipudur, Coimbatore – 641016 Cell No. 9994533664 5. Smt D Janaki, D No.5/22A/1, VSV Garden, Vadugupalayam Village, Pollachi Road, Palladam-641664. The total of ₹ 12, 20,58,616.47 (Rupees Twelve crore twenty lakhs fifty eight thousand amount due six hundred and sixteen and paisa forty seven only) as on 30.04.2019 Description Description of property of the Item 1. Property Owned by M/s Reality Tex Yarn India Private Limited: Immovable In Coimbatore Registration District, Singanallur Sub-Registration district, Coimbatore Properties Taluk, Uppilipalayam village, an extent of 2.22 acers in S.F No. 374/1 and an extent with the of 3.16 acers in S.F.No. 375/1 totaling 5.38 acres whose present survey numbers after sub-division are 374/1A to 4, 375/1A to F, jothi Nagar -2, in this the site No. 11 name of the with building with the following boundaries and measurements:- Owner. Boundaries:- North of : Property sold by Rangappa konar South of : 20’ East West Road East of : Site No. 12 belongs to Sri Jaganathan west of : Site No. 10 Belongs to S Arivali Measurements :- East-West on the North - 44 ½ ft East-West on the South - 44 ft North-South on the West - 69 ¼ ft North-South on the East – 69 ft Admeasuring an extent of 3060 Sq.ft or 7 Cents and 008 Sq.ft site together with the right to use layout roads, Cart tracks and all other common rights. The property situates within the limits of Coimbatore Corporation. RESERVE PRICE : Rs. 72,00,000.00 ( Rs. Seventy two lakhs only) EARNEST MONEY DEPOSIT Rs. 7,20,000.00 (Rs. Seven lakh twenty thousand only) Item 2 Property Owned by M/s Reality Tex Yarn India Private Limited (Unit-II- open end division): In Coimbatore Registration District, Sulur Sub-Registration district, Sulur Taluk, Kannampalayam village, an extent of 9.43 acers in S.F.No. 98/2(Kist Rs. 10.66), in this an extent of 12,966 Sq.ft with the following boundaries and measurements: Bounded by: North of : the remaining property retained by V Murugesan South of : East West Road East of : an extent of 4585 Sq. ft belongs to Janagaraj and the property belongs to Smt Jayanthi, Sri Sathyamurthy. West of : Dhanalaskhmi Nagar layout. Measurements : East-West on the North - 111 ft East-West on the South - 132 1/2 ft North-South on the West - 108 ft North-South on the East – 105 ft Admeasuring an extent of 12966 Sq.ft or 1204.571 Sq.meter of land together with the buildings theron with doors, windoors, electricity service connection, its deposits, right to use East west road, electricity service connection No. 044-004-180.D.No. 2780 The property is situated in S.F No. 98/2 within the limits of Kannampalayam village panchayat. RESERVE PRICE : Rs. 90,00,000.00 ( Rs. ninety lakhs only) EARNEST MONEY DEPOSIT Rs. 9,00,000.00 (Rs. Nine lakh only) Item 3 Property Owned by M/s Reality Tex Yarn India Private Limited (Unit-II- open end division): In Tirupur Registration District, Palladam Sub-Registration district, Palladam Taluk, within the limits of palladam Panchayat Union and Vadugapalayam Panchayat Board, Vadugapalayam village, an extent of 8.95 acres in S.F.No. 343/4(Kist Rs.7.25), in this an extent of 2.12 acres, with the following boundaries:- Boundaries:- East of - The land in S.F.No. 343/4 retained by V.Subbulakshmi and others West of - North South cart track in S.F No. 343/4E South of - The lands in S.F.No. 343/4C BNorth of – The lands in S.F.No. 343/4E Admeasuring an extent of 2.12 acres of lands(Kist Rs. 1.73) whose present survey number after re-survey is 343/4D together with buildings constructed theron with doors, windows, electricity service connection, its deposits, Bore well, 7 ½ HPEMP set, right to use roads, cart tracks and all other common rights. Door No. 378, Ward No. 1 And An extent of 6 cents of well area in S.F. No. 343/4E, in this common half share measuring 3 cents. Therefore a total extent of 2.15 acres of land. RESERVE PRICE : Rs. 4,70,00,000.00(Rs. Four Crores seventy lakhs only) EARNEST MONEY DEPOSIT Rs. 47,00,000.00 (Rs. Forty seven lakhs only) Item 4 Property Owned by Mrs. D.Janaki In Tirupur Registration District, Palladam Sub-Registration district, Palladam Taluk, Vadugapalayam village, an extent of 3.92 acres in S.F.No. 7/1(Kist Rs. 3.20), in this an extent of 3.67 acres, in this the southern side portion measuring an extent of 1.83 ½ acres, in this an extent of 1.07 acres, in this an extent of 55 cents whose present survey number after sub- division is 7/1B with the following boundries:- East of - The lands in S.F.No. 7/1A West of - The lands in S.F.No. 7/1A North of - East west road South of - The lands in S.F.No. 7/1A Admeasuring an extent of 55 cents of land together with right to use roads and all other common rights. RESERVE PRICE : Rs. 1,10,00,000.00(Rs. One crore ten lakhs only) EARNEST MONEY DEPOSIT Rs. 11,00,000.00 (Rs. Eleven lakhs only) Item 5 Property Owned by Mrs. D.Janaki In Tirupur Registration District, Palladam Sub-Registration district, Palladam Taluk, Vadugapalayam village, an extent of 3.92 acres in S.F.No. 7/1(Kist Rs. 3.20), in this an extent of 3.67 acres, in this the southern side portion measuring an extent of 1.83 ½ acres, in this an extent of 1.07 acres, in this an extent of 49 cents whose present survey number after sub- division is 7/1C with the following boundries:- East of - The lands in S.F.No. 9 West of - The lands in S.F.No. 7/3A North of - The lands in S.F.No. 7/2D South of - East West road Admeasuring an extent of 49 cents of land together with the buildings constructed theron with the doors, windows,electricity service connection, their deposits,right to use roads and all other common rights. Door No. 5/22A/1, pollachi road Property tax assessment No. 4716 Water connection No. 1838. RESERVE PRICE : Rs. 1,00,00,000.00(Rs. One Crore only) EARNEST MONEY DEPOSIT Rs. 1,00,000.00 (Rs. One lac only) Item 6 Property Owned by Mr.R. Kandakumar: Item I In Coimbatore Registration District, Singanallur Sub-Registration district, Coimbatore Taluk, Singanullur village, an extent of 5 cents in S.F.Nos 142 and 145 as mentioned in the sale deed bearing Registration No. 580/1974, in this an extent of 888 Sq.ft with the following boundries and measurements:- Boundaries:- South of - Dhamodarasamy Naidu’s land North of - Subbian’s property East of - Kandakumar’s property West of - North South Padakke road Measurements:- East-West on both sides 37 ft North-South on both sides 24 ft Admeasuring an extent of 888 Sq.ft or 82.50 Sq meter or 2 cents and 16 Sq.ft of site. Item II In Coimbatore Registration District, Singanallur Sub-Registration district, Coimbatore Taluk, Singanullur village, Ondipudur Majra, an extent of 5.48 acres in S.F.No. 142 and an extent of 4.67 acres in S.F.No 145 totalling an extent of 10.15 acres, in this an extent of 2220 Sq.ft or 5 cents and 040 Sq.ft, in this the Northern portion measuring an extent of 888 Sq.ft or 2 cents and 017 Sq.ft with the following boundries and measurements:- Boundaries:- North of - Southern portion of the property belongs to Punithaveni,Rani and Jayasree South of - Dhamodarasamy Naidu’s property East of - Murugesan’s house West of - Kandakumar’s property Measurements:- East- West on the North - 37 ft East-West on the South - 37 ft North- South on the east - 24 ft North- South on the West - 24 ft Admeasuring an extent of 888 Sq.ft or 82.50 Sq meter or 2 cents and 16 Sq.ft of site.

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