VIJAYA BANK (A Government of India undertaking) Madgaon,Goa E-AUCTION SALE NOTICE

VIJAYA BANK (A Government of India undertaking) Madgaon,Goa E-AUCTION SALE NOTICE Borrower Durga Udyog Proprietor: Mr. Yuvaraj Naik Guarantor and Property Holders : 1) Mr. Uday Naik s/o. Devu Mahadev Naik Flat No.FFA-2, A Block, Madkaikar Plaza Co-op. Housing Society Ltd., Corlim, Old Goa, Ilhas Goa Guarantors: 2) Mrs. Urvashi Naik, w/o. Uday Naik H.No.420, Kurleval, Dassolwada Cundiam, North Goa-403115 E-AUCTION SALE NOTICE Notice is hereby given to the public in general and to the Borrower/s and Guarantor/s in particular by the Authorised Officer, that the under mentioned property mortgaged to Vijaya Bank, Madgaon Branch, taken possession under the provisions of Section 13(4) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, will be sold by E Tender Cum Auction as mentioned below for recovery of under mentioned dues and further interest along with costs and other charges as detailed below. This is also a Notice to the Borrower/s and to the Guarantor/s of the below said loan about the holding of E- Auction Sale on the below mentioned date, if their outstanding dues are not repaid in full. NAME AND ADDRESS OF BORROWER(S): Durga Udyog Proprietor: Mr. Yuvaraj Naik

Property Holder and Guarantor s: 1) Mr. Uday Naik s/o. Devu Mahadev Naik Flat No.FFA-2, A Block, Madkaikar Plaza Co-op. Housing Society Ltd., Corlim, Old Goa, Ilhas Goa 2) Mrs. Urvashi Naik, w/o. Uday Naik H.No.420, Kurleval, Dassolwada Cundiam, North Goa-403115 The under mentioned property will be sold by Online e-auction through website https://vijayabank.auctiontiger.net on 31/08/2016 for Recovery of an amount of Rs.7291361.49/- (Working Capital and Term loan) (Rupees Seventy Two lakh Ninety One thousand Three hundred Sixty one and paisa forty nine only) with interest and other expenses from the Borrowers & Guarantor jointly, severally and personally from 01/05/2015 respectively to till the date of realization with costs. Date and Time of Auction Reserve Price Earnest Money Deposit Bid increment Amount Last Date, Time and Place of submitting Tender & EMD & KYC Date of Inspection of property for intending purchasers 31/08/2016 between 11.00 A.M. and 12.00 PM 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 Rs 1,47,55,000/- (Rupees One Crore Forty Seven Lakh Fifity Five thousand only ) Rs.14,75,500/- (Rupees Fourteen lakh Seventy Five thousand only) Rs.1,00,000/- (Rupees One Lakh Only) or in such multiples 29/08/2016 up to 3:00 PM at Vijaya Bank, Madgaon, goa 22/08/2016 & 23/08/2016 SCHEDULE OF THE PROPERTY Schedule-I Hypothecation of machinery : 1. Fully Automatically box taping M/c. 2. Videojet 1210 Std, 2M, 60UM 1415179C10ZHIND, 3. Inkjet Batch coding M/C, 4. Product water tank to final water ozonised product Water tank with filling machine and jar filling inter connection piping (With accessories) 5. Water treatment plant raw water to 1 st U.V. system 15m3 /h totel set for SS304 (with accessories) 6. Filling machine R/F/C 7. Air conveyor with blower 8. 20 Ltr. Jar filler copper 4 Station. having total value of Rs. 59.35 Lakh. located at Schedule II given below.

SCHEDULE II All that the piece and parcel of the Plot & Shed situated at Survey No. 36, Plot No.18, Nagao Village, Verna,, Salcete, Margao-Goa belonging to Mr. Uday Naik, s/o. Devu Mahadev Naik measuring 482.2 Sqm. Boundaries East : by Top of the hill South : by Road West : by Water stream North : by property of Antonio Xavier do Sena STATUTORY 30 DAYS SALE NOTICE UNDER SARFAESI ACT The Borrower/Guarantors are hereby notice to pay the sum mentioned above within 30 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, 2002. Terms and conditions of Sale: 1. Auction/bidding shall only be through online electronic mode through the website of the Service Provider https://vijayabank.auctiontiger.net M/s. e-procurement Technologies Limited is the Service Provider to arrange e-auction platform. 2. 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. 3. For details, help, procedure and online training on e-auction prospective bidders may contact the Service Provider viz M/s. e-procurement Technologies Limited 4. Phone No._96191 20214/9879996111/9978591888 Contact Person: Mr. Vijay Shetty Telephone / Mobile No.9619120214 Email Id:.maharshtra@auctiontiger.net 5. Bidders are advised to go through the website http://www.vijayabank.com / www.tenders.gov.in for detailed terms and conditions of auction sale before submitting their Bids for taking part in the e-auction sale proceedings. 6. For participating in e-auction sale the intending bidders should register their details with the Service Provider M/s. e-procurement Technologies Limited well in advance and get the User ID and password. Only the password may be changed on receiving it. Bidders are required to hold digital signature certificate for participating in the e-auction. 7. 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. 601400501000001- Authorised Officer- Durga Udyog Vijaya Bank, MADGAON,GOA through IFSC Code VIJB0006014 or by DD/Pay Order favoring Vijaya Bank, MADGAON,GOA payable at PANAJI the intending bidders should submit the quotations along with the Demand Draft towards EMD in a sealed cover by 3 P.M. on 29/08/2016 to the Authorised Officer, Vijaya Bank, Madgaon Branch, Goa. The sealed cover should be super scribed with Quotation for participating in e-auction sale Durga Udyog. Tender forms may be collected from the bank s office. 8. The Reserve Price below which the property SHALL NOT be sold is Rs. 1,47,55,000/- (Rupees One Crore Forty Seven Lakh Fifity Five thousand only ) 9. The highest bidder in the e-auction immediately on closure of auction process should submit/sent the final price quoted by him by fax/e-mail both to the Authorised Officer, Vijaya

Bank, MADGAON, GOA and service provider for getting declared as highest bidder in the auction. 10. 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. 601400501000001- Authorised Officer- Durga Udyog Vijaya Bank, MADGAON, GOA through IFSC Code VIJB0006014 or by DD/Pay Order favoring Vijaya Bank, MADGAON,GOA payable at PANAJI. 11. In case of default in payment at any stage by the successful bidder/auction purchaser within the stipulated time, the sale will be cancelled and the amount already paid will be forfeited and the property will be again put to sale. 12. The successful bidder shall bear the charges payable for conveyance, Registration fee, stamp duty etc., as applicable. 13. 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, 2002. 14. The aforesaid property shall not be sold below the Reserve Price. 15. 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. 16. 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. 17. All bidders shall be deemed to have read and understood the terms and conditions of sale and be bound by them. 18. The Authorised Officer may postpone/cancel the e- Auction without assigning any reason thereof. 19. In case the e-auction scheduled is postponed to a date before 30 days from the scheduled date of sale, it will be displayed on the website of the Service Provider. 20. Note: The intending bidders may contact the Authorised Officer, Vijaya Bank, MADGAON,GOA for ascertaining the details of property and also for inspection of property on the date fixed by the Bank (Contact No. 0832-2701733, 0832-2711733, Email ID: vb6014@vijayabank.co.in ) Place: PUNE Date: 22.07.2016 Sd/- Authorized Officer Vijaya Bank, MADGAON Branch.

Abridged format for Publication VIJAYA BANK (A Government of India undertaking) Madgaon Branch Goa E-AUCTION SALE NOTICE It is notified for all concerned that the following property is secured in favour of Vijaya Bank, Margao, Goa branch, and as secured creditor taken possession under SARFAESI Act 2002,will be sold by e- auction on (date of auction) as is where is and as is what is basis for recovery of Bank dues. This is a notice to the borrower/s and to the guarantor/s of the below said loan about holding of E-Auction sale on the said date, if their outstanding dues are not repaid in full by the date of auction. Borrower Durga Udyog Proprietor: Mr. Yuvaraj Naik Guarantor and Property Holder 1) Mr. Uday Naik s/o. Devu Mahadev Naik Flat No.FFA-2, A Block, Madkaikar Plaza Co-op. Housing Society Ltd., Corlim, Old Goa, Ilhas Goa Guarantor: 1) Mrs. Urvashi Naik, w/o. Uday Naik H.No.420, Kurleval, Dassolwada Cundiam, North Goa-403115 The under mentioned property will be sold by Online e-auction through website https://vijayabank.auctiontiger.net on 31/08/2016 for Recovery of an amount of Rs.7291361.49/- (Rupees Seventy Two lakh Ninety One thousand Three hundred Sixty one and paisa forty nine only) (Working Capital and Term loan)with interest and other expenses from the Borrowers & Guarantor jointly, severally and personally from 01/05/2015 respectively to till the date of realization with costs. Schedule of the Property SCHEDULE I Hypothecation of machinery: 1. Fully Automatically box taping M/c. 2. Videojet 1210 Std, 2M, 60UM 1415179C10ZHIND, 3. Inkjet Batch coding M/C, 4. Product water tank to final water ozonised product Water tank with filling machine and jar filling inter connection piping (With accessories) 5. Water treatment plant raw water to 1 st U.V. system 15m3 /h totel set for SS304 (with accessories) 6. Filling machine R/F/C 7.Air conveyor with blower 8. 20 Ltr. Jar filler copper 4 Station. having total value of Rs. 59.35 Lakh. located at Schedule II given below.