Sir, Sub: Loan A/c No Branch-Siliguri Main,Branch Sale of movable secured assets

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1 इण ड यन ओवरस ज ब क, Indian Overseas Bank SILIGURI BRANCH.एन.प. ण बल ग, D.N.P. Building, ह ट ल ण वन यक क स मन, Opp. Hotel Vinayak ण हल क ट र, ण सल ग Hill Cart Road, Siliguri ट ल फ न Telephone / ईम ल - iob0458@iob.in To Mr. Devraj Gautam, Prop. of M/S Devraj Gautam, S/o Lt. Nandalal Gautam, 18 th Mile, Tadungchin, Pradhan Gaon, P.O. & P.S.- Kalimpong, Dist.-Darjeeling, Sir, Sub: Loan A/c No Branch-Siliguri Main,Branch Sale of movable secured assets 1. Please refer to the demand notice dated issued under sec 13 (2) of the SARFAESI Act calling upon you to pay Rs.18,99, (Rupees Eighteen Lakhs Ninety Nine Thousand Twenty Nine & Paise Eighty Five Only) together with future interest mentioned therein within sixty days from the date of the notice. Since you have failed to comply with demand notice, possession of the movable secured assets have been taken on the 21 th of September 2017 with due notice to you. 2. In furtherance to the action initiated as above, we propose to sell the aforesaid movables assets through public auction on So we hereby give 15 days notice informing you that the securities taken possession will be sold by the undersigned between P.M and 1.00 PM on at the following address: INDIAN OVERSEAS BANK, SILIGURI BRANCH (0458), DNP BUILDING, 1ST FLOOR, HILL CART ROAD, SILIGURI, OPP-.HOTEL VINAYAK, PIN: , DIST: DARJILING

2 3. A copy of the notice inviting offers containing particulars of the assets, reserve price, earnest money deposit, date and time fixed for inspection, last date for submission and date and time of the auction which is to be published shortly in Newspapers is enclosed for your information. S. NO. SCHEDULE OF MOVABLE ASSETS Description and Full particulars of the securities Reserve Price Amt. In Rs EMD 1 Type of Vehicle AMW Tipper Truck Registration No.- NL-05-D Engine Number-90M Chasis Number:-MBYB231009MA07798 Model No Year of manufacture 2010 Makers Name- Blue Sharks Autoworks Pvt. Ltd. Rs.59,150/- (Fifty nine thousand one hundred fifty Rs.5,915/- ( Five thousand nine hundred fifteen Date and time of auction between PM to 1.00 P.M EMD Remittance Deposit through EFT/NEFT/ RTGS in favour of EMD DEVRAJ to credit of A/C. no of Indian Overseas Bank, D.N.P. Building, Opp. Hotel Vinayak, Hill Cart Road, Siliguri Phone No / , - iob0458@iob.in Branch Code:0458, IFSC Code-IOBA Inspection of the Movables between AM to 5.00 at Pakyong Airport, Sikkim, C/O PUNJ LLOYD, West Bengal Starting date & time for onwards AM submission of bid with EMD Last date & time for upto 5.00 PM submission of bid Statutory dues/attachment Not known to us. details, if any, known to the Authorised Officer* *Bank dues have priority over statutory dues. Terms and Conditions The terms and conditions subject to which the sale shall be conducted are stipulated hereunder: 1. The reserve price is fixed at Rs. 59,150/- (Fifty nine thousand one hundred fifty below which the property will not be sold 2. The EMD and other deposits shall be remitted through EFT / NEFT / RTGS to the Bank account as specified above. 3. Bids without EMD shall be rejected summarily. 4. EMD of unsuccessful bidders will be returned through EFT / NEFT / RTGS to the bank account details provided by the bidder in the bid form and intimated via their id.

3 5. The assets shall be sold to the successful bidder as declared by the Authorised Officer and on selecting the successful bidder, such bidder shall deposit 25% of the sale price (inclusive of the EMD) immediately on the same day and not later than the next working day. The balance amount of sale price shall be paid within 15 days from the date of confirmation of auction sale. Failure to remit the entire amount of sale price within the stipulated period will result in forfeiture of deposit of 25% of the bid price to the secured creditor and forfeiture of all claims over the assets by the purchaser and the assets will be resold. 6. Legal charges for conveyance and stamp duty and registration charges as applicable will be borne by the purchaser. 7. The authorised officer reserves the right to decline or accept any bid and/ or to adjourn or postpone opening of tenders and to cancel the auction sale as the case may be without assigning any reason. 8. The intending bidders can inspect the property on the date and time mentioned above after fixing prior appointment with the undersigned or the Manager, IOB Siliguri Branch. 9. It is the responsibility of the bidders to inspect and satisfy themselves about the assets and specifications before participating in the tender. 10. Sale is subject to confirmation by the Secured Creditor. 11. The above secured asset will be sold in "AS IS WHERE IS" and AS IS WHAT IS" basis. 12. Details of Statutory dues / attachment as known to the Authorised Officer has been given above. Bank dues will have priority over statutory dues. Without prejudice to the above, Statutory liability, if any, shall be borne by the purchaser only and Bank will not assume any responsibility for the same. 13. The sealed bid covers should be addressed to Authorised Officer, Indian Overseas Bank, Siliguri Branch. The left top corner of the cover should be Super scribed' with 'PUBLIC AUCTION IOB SIliguri A/c Any other information about the 'Public Auction'. or the property etc., if required can be collected from the Authorised Officer at Indian Overseas Bank, Siliguri Branch, Phone No / For further details on the terms and conditions visit Bank s website and Government Tenders page in the following links; [ ; or Intending bidders shall hold a valid Identity Proof/ Address Proof. 16. The certificate of sale will be issued in the name of the purchaser only, after payment of the entire sale price amount GST and other charges if any. DATE: PLACE: Siliguri AUTHORISED OFFICER INDIAN OVERSEAS BANK

4 S. NO. इण ड यन ओवरस ज ब क, Indian Overseas Bank SILIGURI BRANCH.एन.प. ण बल ग D.N.P. Building, ह ट ल ण वन यक क स मन Opp. Hotel Vinayak ण हल क ट र, ण सल ग Hill Cart Road, Siliguri ट ल फ न Telephone / ईम ल - iob0458@iob.in PUBLIC NOTICE FOR AUCTION FOR SALE OF MOVABLE PROPERTIES Sale of movable property /ies charged to Bank under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (No.54 of 2002) whereas, the Authorized Officer of Indian Overseas Bank has taken possession of the following assets pursuant to the notice issued under Section 13(2) of the Security Interest (Enforcement) Rules 2002 in the following loan account with right to sell the same on AS IS WHERE IS BASIS and AS IS WHAT IS BASIS for realization of Bank's dues with further interests and costs as detailed hereunder and whereas consequent upon failure to repay the dues, the undersigned in exercise of power conferred under Section 13(4) of the said Act proposes to realize the Bank's dues by sale of the said assets. Name of the Account - Sri Devraj Gautam; Date of NPA: ; Date of Demand notice: Date of possession (Panchnama & inventory): 17 th of November 2017 Outstanding Amount: - Rs.18,99, (Rupees Eighteen Lakh NinetyNine Thousand Twenty Nine & Paise Eighty Five Only) as on (date of Demand Notice) with further interest thereon *Outstanding statutory dues: Not known to us. Date and time of auction: between PM to 1.00 P.M DESCRIPTION OF THE MOVABLE PROPERTIES Amt. In Rs Description and Full particulars of the securities 1 Type of Vehicle AMW Tipper Truck Registration No.- NL-05-D Engine Number-90M Chasis Number:-MBYB231009MA07798 Model No Year of manufacture 2010 Makers Name- Blue Sharks Autoworks Pvt. Ltd. Reserve Price Rs.59,150/- (Fifty nine thousand one hundred fifty *Bank s dues have priority over the Statutory dues For terms and conditions, please visit: ; or EMD Rs.5,915/- ( Five thousand nine hundred fifteen DATE: PLACE: Siliguri AUTHORISED OFFICER INDIAN OVERSEAS BANK

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