/ विजया बैंक
(भारत सरकार का उपक्रम)
VIJAYA BANK
(A Govt. of India Undertaking)
प्रधान कार्यालयHead Office
41/2, एम जी रोड M G Road
बेंगलूर Bangalore – 560 001 / शाखा/कार्यालय:सरोजिनी देवी रोड
Branch/Office:SAROJINI DEVI ROAD
ई-मेइल
Email:
वेब Web:
फोन Phone:040-27843436
फैक्स Fax:040-27722727

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 taken possession under the provisions of Section 13(4) of the Securitisation 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, charges and cost etc, 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, GUARANTOR/S & MORTGAGOR/S:

1. Mrs. Nazima Tarannum
H.No. 4-40/122 & 123,
Plot No. 61/P and 62/P,
Kismatpur Village and GP
Rajendranagar Mandal
R.R.District, Telangana.
Also at:
38/2, RT, Near St. Ann’s Girls High School, Vijayanagar Colony
Hyderabad - 50057 / 2. Mr. Khadir Ahmed
H.No. 4-40/122 & 123,
Plot No. 61/P and 62/P,
Kismatpur Village and GP
Rajendranagar Mandal
R.R.District, Telangana.
Also at:
38/2, RT, Near St. Ann’s Girls High School, Vijayanagar Colony
Hyderabad - 50057

The under mentioned property will be sold on “AS IS WHERE IS AND AS IS WHAT IS BASIS”through Online e-Auction in websiteon 21/04/2018 for Recovery of an amount of Rs.27,70,113.00 (Rupees Twenty Seven Lakhs Seventy Thousand One Hundred Thirteen Only) as on 28/02/2017 in A/c.No.402008351000099from the Borrowers & Guarantors jointly, severally and personally along with future interest and other expenses till the date of realization with costs.

Date and Time of Auction / 28/03/2018 between 11.00A.M to 1.00 P.M with unlimited extension of ‘05’minutes i.e., the end time of e-auction will be extended by 05 minutes each time if bid is made within the last 05 minutes before closure of auction.
Reserve Price for property / Rs.24,95,000/- (Rupees Twenty Four Lakhs Ninety Five Thousand Only)
Earnest Money Deposit / Rs.2,49,500/- (Rupees Two Lakhs Forty Nine Thousand Five Hundred Only)
Bid increment Amount / Rs.25,000/- (Rupees Twenty Five Thousand Only) or in such multiples
Date of Inspection of property for intending purchasers / 07/04/2018 & 13/04/2018

SCHEDULE OF THE PROPERTY

All that House No. 4-40/122 and 4-40/123 on Plot bearing Nos.61/P (E/P) and 62/Part (W/P) in Survey Nos. 60/2 and 61 totally admeasuring 200.00 sq. yards or equivalent to 167.2 Sq. meters, Sft (RCC) situated at Kismathpur Village and G.P. Rajendranagar Mandal, Ranga Reddy District, Telangana State and bounded by North : Plot No. 53 & 54 South : 20’-0” wide road, East : House on Plot No.62/Part (E/P) and West : House on Plot No.61/Part (W/P).

STATUTORY 15 DAYS SALE NOTICE IN RESPECT OF IMMOVABLE PROPERTIES UNDER SARFAESI ACT 2nd AND SUBSEQUENT SALE

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, 2002.

Terms and conditions of Sale:

  1. Auction/bidding shall only be through “online electronic mode” through the website of the Service Provider . M/s. E-Procurement Technologies Ltd (Auction Tiger), Ahmadabad 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 Ltd (Auction Tiger), A-801, Wall Street –II, Opp, Orient Club, Near Gujarat College, Ahmedabad, Phone No.079-40230811/12/10. Contact Person Mr. Ramesh (Ahmedabad) – Mobile No.09898745874 and Mr.Bhaskar D (Hyderabad) – Mobile No.8341410158 Email Id: .
  4. 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.
  5. For participating in e-auction sale the intending bidders should register their details with the Service Provider M/s. E-Procurement Technologies Ltd (Auction Tiger), Ahmadabad, 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.
  6. 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. 402000301000778- Vijaya Bank, S D Road Branch, Hyderabad through IFSC Code “VIJB0004020“ or by DD/Pay Order favoring Vijaya Bank, S D RoadBranch payable at Hyderabad, the intending bidders should submit the quotations along with the Demand Draft towards EMD in a sealed cover by 5 P.M on or before19/04/2018 to the Authorized Officer, Vijaya Bank, S D Road Branch, Hyderabad. The sealed cover should be super scribed with “Quotation for participating in E-auction sale – MrsNazima Tarannum”. Tender forms may be collected from the branch.
  7. The Reserve Price below which the property“SHALL NOT” be sold isRs.24,95,000/- (Rupees Twenty Four Lakhs Ninety Five Thousand Only).
  8. 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, Corporate Banking Branch, Hyderabad and service provider for getting declared as highest bidder in the auction.
  9. 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.402000301000778Vijaya Bank, S D Road Branchthrough IFSC Code “VIJB0004020” or by Demand Draft /Pay Order in favor of Vijaya Bank, S D RoadBranch payable at Hyderabad.
  10. 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.
  11. The properties are being sold on “AS IS WHERE IS AND 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.
  12. As per Sec.194 IA of the Income Tax Act, 1961, TDS @ 1% will be applicable on sale proceeds, in excess of Rs.50,00,000.00 & the successful bidder/purchaser will deduct TDS & deposit the same by furnishing the Challan-cum-statement in Form No.16-B, containing the Bank’s Name & Pan Number as a seller and submit the original receipt of TDS certificate to Bank.
  13. To the best of knowledge and information of the Authorised Officer, there is no encumbrance on any property. However, the intending bidders should make their own independent inquiries regarding the encumbrances, title of property put on auction and claims/rights/dues/effecting the property, prior to submitting their bid. The e-auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation of the bank. The property is being sold with all the existing and future encumbrances whether known or unknown to the bank. The Authorised Officer/Secured Creditor shall not be responsible in any way for any third party claims/rights/dues.
  14. The purchaser shall bear the applicable stamp duties/additional stamp duty/transfer charges, fee etc., and also all the statutory/non-statutory dues, taxes, rates, assessment charges, fees etc., owing to anybody.
  15. 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.
  16. All bidders shall be deemed to have read and understood the terms and conditions of sale and be bound by them.
  17. The Authorised Officer may postpone/cancel the e- Auction without assigning any reason thereof.
  18. 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.

Note: The intending bidders may contact the Authorised Officer, Vijaya Bank, S D Road Branch, 3/1/252/253, Near Manju Theatre, Sarojini Devi Road, Secunderabad, Telangana-500003for ascertaining the details of property and also for inspection of property on the date fixed by the Bank (Contact No. 040-27843436, 27722727Email ID: )

Place:Hyderabad. Authorized Officer,

Date:29/03/2018. Vijaya Bank, S D Road Branch

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