E- AUCTION SALE NOTICE. (Partner & Guarantor of Hotel Le Mandarin), Edavanthala House, Puthanangadi,

Transcription

1 1 st Floor, Zac Buildings, Kodimatha, Kottayam. Kerala. Pin Ph Ref.No.CRLD. 1422/ E- AUCTION SALE NOTICE [Rule 8(6)] Date: To M/s. Hotel Le -Mandarin, Near Bus Stand, Mamukku, Pazhavangadi (PO), Ranni, Pathanamthitta Dist. Pin Ms. Bava Bavamma Jose, W/o Late M C Jacob, - Plamparambil House, Moozhickal, Pazhavangadi( P O), Mamukku, Ranni Taluk, Pathanamthitta Dist. Pin Mr. Bijo M Jacob, S/o. Late M C Jacob, Plamparambil House, Moozhickal, Pazhavangadi( P O), Mamukku, Ranni Taluk, Pathanamthitta Dist. Pin Mr. Binu E Cherian, S/o. E K Kuriakose, Kottayam (P O), Kottayam Dist. Pin Ms. Nimmy Kuriakose, W/o E K Kuriakose, Edavanthala House, Puthanangadi Kottayam (P O), Kottayam Dist. Pin Mr. E K Kuriakose, S/o of Late Edavanthala Kuriakose, 001. Mr. Nibu Kuriakose, S/o. E K Kuriakose, 001

2 Sir, Notice is hereby given to the public in general and to the Borrower/s and Guarantor/s in particular by the Authorized Officer, that the under mentioned property mortgaged to Union Bank of India, Nagampadam Branch, taken possession under the provision of Section 13(4) of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, 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 is being sold on AS IS WHERE IS WHATEVER THERE IS AND WITHOUT RECOURSE BASIS as such sale is without any kind of warranties and indemnities. The under mentioned property will be sold by Online E- Auction through website on (Friday) for recovery of an amount of Rs. 1,02,81,178/- (Rupees. One crore two lac eighty one thousand one hundred and seventy eight) only with contractual interest and other expenses from till realization of entire dues.

3 1. Name of borrower & Mortgagor M/s. Hotel Le -Mandarin, Near Bus Stand, Mamukku, Pazhavangadi (PO), Ranni, Pathanamthitta Dist. Pin Ms. Bava Bavamma Jose, W/o Late M C Jacob, - Plamparambil House, Moozhickal, Pazhavangadi( P O), Mamukku, Ranni Taluk, Pathanamthitta Dist. Pin Mr. Bijo M Jacob, S/o. Late M C Jacob, Plamparambil House, Moozhickal, Pazhavangadi( P O), Mamukku, Ranni Taluk, Pathanamthitta Dist. Pin- 689 Mr. E K Kuriakose, S/o of Late Edavanthala Kuriakose, 001. Mr. Binu E Cherian, S/o. E K Kuriakose, 001. Mr. Nibu Kuriakose, S/o. E K Kuriakose, 001 Ms. Nimmy Kuriakose, W/o E K Kuriakose, Edavanthala House, Puthanangadi 001.

4 2. Date and time of Auction On between AM To Noon with unlimited extension of 10 minutes i.e the end time of e- auction will be extended by 10 Minutes each time if bid is made within the last 10 minutes before closure of auction. 3. Earnest Money Deposit (EMD) Rs.30,48,700/- (Rupees Thirty Lacs forty eight thousand and seven hundred only) 4. Last date of submission of bids before 3.00 P.M. 5. Reserve Price Rs.3,04,87,000/- (Rupees Three Crores four lac and eighty seven thousand only) 6. Bid Increment Amount by Rs.10,00,000/- (Rupees Ten lacs only) 7. Debt Due with interest and cost 8. Date & Time of inspection of property for intending purchasers 9. Details of encumbrances over the property, as known to the Bank Rs. 1,02,81,178/- (Rupees One Crore Two Lakhs Eighty One Thousand One Hundred and Seventy Eight Only) with interest from legal expenses and other costs till full realization of debts (Monday) & (Tuesday) A.M. to P.M. NIL The refundable EMD 10% OF RESERVE PRICE shall be payable by interested bidders through NEFT/ RTGS/Funds Transfer on or before (Monday) in Account No: E- AUCTION SALE ACCOUNT- LE MANDARIN., Union Bank of India, Nagampadam Branch through IFSC Code:- UBIN or by DD/Pay order favouring Union Bank of India, Nagampadam Branch payable at Kottayam. Bidders are advised to visit the Bank s website for detailed terms and conditions of e-auction sale and other details before submitting their Bids for taking part in the e-auction. Bidder may also visit the website of Service Provider M/s.E-Procurement Technologies Ltd. (ABC Procure), Ahmedabad, Contact No /811/812,For Support to 820, Cell No.-Stephen Kalpala-Mob.No , I.Dskerala@auctiontiger.net, stephen.kalpala@auctiontiger.net, Contact Person- Madhusudhanan Nair, Mob.No , , IDmadhusudhan@auctiontiger.net.

5 The terms and conditions of sale shall be strictly as per the provisions of The Security Interest (Enforcement) Rules, The interested bidder may contact the AUTHORISED OFFICER, Mr. M V S N Raju, Chief Manager, Union Bank of India, 1st Floor, Zac Buildings, Kodimatha, Kottayam. Kerala. Pin for ascertaining the details of auction and inspection of property on the date mentioned as above Contact No (M), Tel: , , e- mail ID:-cbskottayam@unionbankofindia.com. SCHEDULED PROPERTY ares of land in Re-Survey No. 268/4 (Re-Survey No. 268/4-6 as per basic tax receipt) in Block No. 9 in Pazhavangadikara Village, Ranni Taluk, Pathanamthitta District and the building and other improvements thereon, covered by item No. 1 of Schedule C to Partition Deed No. 1747/1997 of Ranni SRO created by Mr. Bijo M Jacob and Ms. Bava Jacob. This may also be treated as notice u/r 8(6) of Security Interest (Enforcement) Rules, 2002 to the borrower/s and guarantor/s of the above said loans about the holding of E-Auction Sale on the above mentioned date, if their outstanding dues are not repaid in full. Place: Kottayam Date: Authorized Officer Regional Office Union Bank of India Regional Office ZAC Complex, Kodimatha Kottayam.

6 To The Authorised Officer Union Bank of India BRANCH SUB: E-AUCTION SALE OF IMMOVABLE PROPERTY UNDER SARFAESI ACT, 2002 of M/s. Hotel Le Mandarin U/s 13(4) of SARFAESI Act E-AUCTION SALE APPLICATION CUM BID FORM Reference Bid/Auction details:.. 1. Name of the Bidder(s): (in capitals) 2. Father s/husband s Name:. 3. Date of Birth & Age:. 4. Postal Address of the Bidders (Proof to be enclosed).. 5. Whether bidder is participating for Self or for Others:. 6. If participating for others, furnish the details for whom participating, along with authority letter /POA:.. 7. Phone Nos. Mobile: Landline. 8. ID of Bidder/Participant: 9. Date of submission of Auction Application (Online) 10. PAN Number of Bidder:.(self attested copy to be enclosed) 11. Details of Property for Sale: Item/Lot No: Bank account details to which EMD amount is to be refunded in case of unsuccessful bidding: Type of account : Saving/ Current/ others Name of the A/c Holder:. Bank A/c Account No.:.. IFSC Code No. Name of the Bank:.. Name of the Branch:. 14. User ID allotted by Service Provider:..

7 15. Details of EMD: Demand Draft/Banker s Cheque No. : Date: Name of the Bank:. Name of the Branch: Amount (): In figure In words A/c No.. IFSC Code No. :.. DECLARATION I/We, S/o aged about years, residing at do hereby express my/our interest for participating in e-auction published in dated..being conducted by Union Bank of India under as is where is what is there is and without recourse basis, for purchase of the above mentioned property. I/We have inspected the property and have verified the title to the property/title documents and having fully satisfied with the title to the property volunteer for participate in the e-auction process. I/We declare that I/We have read, understood and agree to all the terms and conditions of e-auction sale and shall abide by them. I/We shall not hold the Bank/Authorised Officer responsible for any network, technological issues in the process of E- auction. We also understand and agree that the bank is hiring the service provider for technical support in conducting e-auction. My offer amount for the said property mentioned above is (in figures). (in words). I/We understand that as per the terms of the auction, the Bank/Authorised Officer is authorized to conduct e - auction and invite / allow inter se bidding between the participating bidders over and above the highest bid amount received, as per the terms of auction. In the event of my/our not being declared as successful bidder in e-auction, the EMD amount paid by me may be credited to my Bank Account furnished herein above.

8 I/We am/are aware that if I/We fail to pay the sale consideration of 25% (including EMD) immediately on being declared as successful bidder or balance 75% within the time granted by the Authorized Officer of the Bank all amount paid by me including the EMD and any amount paid in part towards the sale consideration shall be forfeited without further notice and the Bank/Authorised Officer is at liberty to appropriate the same as deemed fit under Law. I/We agree and abide by the e-auction rules. {Signature of the Bidder(s)}

9 TERMS & CONDITIONS OF ONLINE E- AUCTION SALE 1. The Property is being sold on AS IS WHERE IS, WHATEVER THERE & WITHOUT RECOURSE BASIS. As such sale is without any kind of warranties & indemnities. 2. Particulars of the property / assts (viz. extent & measurements specified in the E- Auction Sale Notice has been stated to the best of information of the Bank and Bank shall not be answerable for any error, misstatement or omission. Actual extant & dimensions may differ. 3. E-Auction Sale Notice issued by the Bank is an invitation to the general public to submit their bids and the same does not constitute and will not be deemed to constitute any commitment or any representation on the part of the Bank. Interested bidders are advised to peruse the copies of title deeds with the bank and to conduct own independent enquiries /due diligence about the title & present condition of the property / assets and claims / dues affecting the property before submission of bid/s. 4. Auction/bidding shall only be through online electronic mode through the website by the service provider M/s.E-Procurement Technologies Ltd. (ABC Procure), Ahmedabad, Contact No /811/812,For Support to 820, who shall arrange & coordinate the entire process of auction through the e-auction platform. 5. 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, power failure etc. 6. For details, help, procedure and online bidding on e-auction prospective bidders may contact the Service Provider M/s.E-Procurement Technologies Ltd. (ABC Procure), Ahmedabad, Contact No /23/88/37/49/61/75, Support Cell No to 820; Cell No.-Stephen Kalpala-Mob.No , I.Ds- kerala@auctiontiger.net, stephen.kalpala@auctiontiger.net, Contact Person- Madhusudhanan Nair, Mob.No , , IDmadhusudhan@auctiontiger.net 7. For participating in the e-auction sale the intending bidders should register their details with the service provider M/s.E-Procurement Technologies Ltd. (Abc Procure), Ahmedabad Contact No /23/88/37/49/61/75 well in advance and shall get the user id and password. Intending bidders are advised to change only the password immediately upon receiving it from the service provider.

10 8. 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: E- AUCTION SALE ACCOUNT- LE MANDARIN., Union Bank of India, Nagampadam Branch through IFSC Code:- UBIN or by DD/Pay order favouring Union Bank of India, Nagampadam Branch payable at Kottayam. 9. The intending bidders should submit the duly filled in Bid Form (format available in the above website) along with the DD / PO / quoting the UTR No. of NEFT/RTGS remittance towards EMD in a sealed cover addressed to the Authorized Officer, Mr. M V S N Raju, Chief Manager, Union Bank of India, 1st Floor, Zac Buildings, Kodimatha, Kottayam. Kerala. Pin latest by 3.00 PM on The sealed cover should be super scribed with Bid for participating in E-Auction Sale- in the A/c of M/s. Hotel Le Mandarin. 10. After expiry of the last date of submission of bids with EMD, Authorised Officer shall examine the bids received by him and confirm the details of the qualified bidders (who have quoted their bids over and above the reserve price and paid the specified EMD with the Bank) to the service provider M/s.E-Procurement Technologies Ltd. to enable them to allow only those bidders to participate in the online inter se bidding /auction proceedings at the date and time mentioned in E- Auction Sale Notice. 11. Interse bidding among the qualified bidders shall start from the highest bid quoted by the qualified bidders. During the process of interse bidding, there will be unlimited extension of 10 minutes each, i.e the end time of e- auction shall be automatically extended by 10 Minutes each time if bid is made within 10 minutes from the last extension. 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 alone. 13. Immediately upon closure of E-Auction proceedings, the highest bidder shall confirm the final amount of bid quoted by him BY MAIL both to the Authorised Officer, Union Bank of India, Kottayam Branch and the Service Provider for getting declared as successful bidder in the E-Auction Sale proceedings. 14. The successful bidder shall deposit 25% of the bid amount (including EMD) on the same day of the sale, being knocked down in his favour and balance 75% of bid amount within 15 days from the date of sale by RTGS/NEFT/Funds Transfer to the credit of A/c No: E- AUCTION SALE ACCOUNT- LE MANDARIN., Union Bank of India, Nagampadam Branch through IFSC Code:- UBIN or by DD/Pay order favouring Union Bank of India, Nagampadam Branch payable at Kottayam.

11 15. In case of default in payment of above stipulated amounts by the successful bidder / auction purchaser within the stipulated time, the sale will be cancelled and the amount already paid (including EMD) will be forfeited and the property will be again put to sale. 16. At the request of the successful bidder, the Authorised Officer in his absolute discretion may grant further time in writing, for depositing the balance of the bid amount. 17. Municipal / Panchayat Taxes, Electricity dues (if any) has to be paid by the successful bidder before issuance of the sale certificate. Bids shall be made taking into consideration of all the statutory dues pertaining to the property. 18. Sale Certificate will be issued by the Authorised Officer in favour of the successful bidder only upon deposit of entire purchase price / bid amount and furnishing the necessary proof in respect of payment of all taxes / charges. 19. Applicable legal charges for conveyance, stamp duty, registration charges and other incidental charges shall be borne by the auction purchaser. 20. The Authorized officer may postpone / cancel the E-Auction Sale proceedings without assigning any reason whatsoever. In case the E-Auction Sale scheduled is postponed to a later date before 30 days from the scheduled date of sale, it will be displayed on the website of the service provider. 21. The decision of the Authorised Officer is final, binding and unquestionable. 22. All bidders who submitted the bids, shall be deemed to have read and understood the terms and conditions of the E-Auction Sale and be bound by them. Place: Kottayam Date: Branch Authorised Officer Union Bank of India, Kottayam Special Instructions / Caution: Bidding in the last minutes/seconds should be avoided by the bidders in their own interest. Neither Union Bank of India nor the Service Provider will be responsible for any lapses/failure (Internet failure, Power failure, etc) on the part of the bidder in such cases. In order to ward off such contingent situation, bidders are requested to make all the necessary arrangements / alternatives such as back-up power supply and whatever else required so that they are able to circumvent such situation and are able to participate in the auction successfully.