VIJAYA BANK. (A Govt. of India Undertaking) Opposite Bus Stand, G.T.Road. Mandi Govindgarh, Fatehgarh Sahib Dist. Punjab PIN
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1 VIJAYA BANK (A Govt. of India Undertaking) Opposite Bus Stand, G.T.Road Tel No.: Mandi Govindgarh, Fatehgarh Sahib Dist. Punjab PIN E-AUCTION SALE NOTICE Notice is hereby given to the public in general and to the Borrower/s and Guarantor/s in particulars by the Authorised Officer, that the under mentioned property mortgaged to Vijaya Bank, taken under possession under the provisions of Section13(4) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, will be sold by E-Tender cum Auction on as is where is and as is what is basis as mentioned below for recovery of under mentioned dues and further interest, charges and cost etc, as detailed below. This is a notice to the Borrower/s and to the Guarantor/s of the below said loan about the holing of E- Auction sale on the below mentioned date, if their outstanding dues are not repaid in full.and further interest, charges and cost etc, as detailed below. This is a notice to the Borrower/s and to the Guarantor/s of the below said loan about the holing of E- Auction sale on the below mentioned date, if their outstanding dues are not repaid in full. Name of Borrower and Guarantors Borrower:1. M/s Shree Navdurga Enterprises Proprietor Sh Hemant Kapil S/o Sh Mukesh Kapil Shop No 281, Sector 3 C, Loha Bazar Mandi Gobindgarh. Guarantors: 1. Sh Mukesh Kapil S/o Sh Lachman Dass (Mortgagor and Guarantor) R/o H no 292, Sector 24 A street no 2, New Model colony Mandi Gobindgarh 2. Sh Ravi Kumar S/o Sh Labhu Ram (Mortgagor and Guarantor) R/o H no 98, Visgi Chand colony, village Mugal Majra, Mandi Gobindgarh Amount Due: Rs /-( Thirty Six Lakhs Twenty five Thousand Six Hundred and Twenty One only) as on and interest and other charges thereon
2 Date and Time of Auction 06/04/2017 between A.M. and Noon with unlimited extension of 10 mintues i.e. the end time of e-auction will be extended buy 10 minutes each time if Reserve Price bid is made within the last 10 minutes before closure of auction Property No 1. Rs. 21,00,000/-(Rs. Twenty One Lakhs only) Property No 2. Rs. 12,00,000/- ( Rs. Twelve Lakhs Only) Earnest Money Deposit & last date & time of Submission of Bid Property No 1. 2,10,000/- ( Rs. Two Lakhs Ten Thousand only) Property No 2. Rs. 1,20,000/- ( Rs. One Lakh Twenty Thousand only) On or Before 04/04/2017 upto 04:00 pm Bid Increment Amount Rs. 10,000/- ( Rs. Ten Thousands only) Date of Inspection of property for intending purchasers 24/03/2017 & 04/04/2017 SCHEDULE OF THE PROPERTY
3 PROPERTY NO 1 Owned by Mukesh Kapil s/o Sh Lachhman Dass All that the piece and parcel of land & building comprising of Ground, First & Second Floor situated at House No 292, Sector 24A, Model Colony, Aery Mill Road, Mandi Gobindgarh Distt Fetahgarh Sahib, as per Deed No 1728 dated Bounded as Under: North: House of Sh Sham Lal South: House of SmtNeelam Rani East: House of SmtManjit Kaur-19-6 West: Street 20 wide PROPERTY NO 2 Owned by Sh Ravi Kumar S/o ShLabhu Ram All that the piece and parcel of land & building measuring 5 Marlas situated at Vidhi Chand Colony, Back Side IDBI Bank, Mandi Gobindgarh Distt Fetahgarh Sahib, as per Deed No 1875 dated Bounded as Under: North: Vacant Plot South: Plot of owner East: Plot of Amarjit-25-0 West: Street STATUTORY 15 DAYS SALE NOTICE UNDER SARFAESI ACT The Borrower/Guarantors are hereby notice to pay the sum mentioned above within 15 days from the date of publication of this notice failing which the Bank shall sell the property as the provision laid down in the SARFAESI ACT, Terms and conditions of Sale: Auction/bidding shall only be through online electronic mode through the website of the Service Provider is the Service Provider to arrange e-auction platform. 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. For details, help, procedure and online training on e-auction prospective bidders may contact the Service Provider viz M/s. E-Procurement Technologies Limited (AuctionTiger), TollFree no: Contact Person Kushal Kothary , Sachin Sharma
4 Id: Bidders are advised to go through the website for detailed terms and conditions of auction sale before submitting their Bids for taking part in the e-auction sale proceedings. For participating in e-auction sale the intending bidders should register their details with the Service Provider M/s. E-Procurement Technologies Limited (AuctionTiger), well in advance and get the User ID and password. Only the password may be changed on receiving it. Last date of submission of EMD & KYC Documents is to the specified branch. The property SHALL NOT be sold below the reserve price i.e. Property No 1 Rs. 21,00,000/-( Rs Twenty One Lakh only) & property No 2 Rs. 12,00,000/- ( Rs. Twelve Lakh only). 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 Vijaya Bank, Mandi Gobindgarh Branch through IFSC Code VIJB or by Demand Draft/Pay Order in favor of Vijaya Bank, Mandi Gobindgarh Branch payable at Mandi Gobindgarh. In case of default in payment at any stage by the successful bidder/auction purchaser within the stipulated time as stated above the sale will be cancelled and the amount already paid will be forfeited and the property will be again put to sale. The successful bidder shall bear the charges payable for Stamp duty, Registration fee, conveyance, etc., as applicable in related laws. 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, 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. 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. All bidders shall be deemed to have read and understood the terms and conditions of sale and be bound by them. The Authorised Officer may postpone/cancel the e- Auction without assigning any reason thereof. 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.
5 Note: The intending bidders may contact the Authorised Officer, Vijaya Bank, Mandi GobindgarhBranch, for ascertaining the details of property and also for inspection of property on the date fixed by the Bank (Contact No , ID: ) Date: Authorised Officer Vijaya Bank,Mandi Gobindgarh Branch
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