(Registered Office:201/202, Building No. 2, Solitaire Corporate Park, Andheri Kurla Link

(Registered Office:201/202, Building No. 2, Solitaire Corporate Park, Andheri Kurla Link


(Registered Office:201/202, Building No. 2, Solitaire Corporate Park, Andheri Kurla Link Road, Andheri - East, Mumbai – 400093)

Bid for sale of following secured properties mortgaged in the a/c of M/S. Hare Krishna Heemghar Pvt. Ltd. published in “The New Indian Express” & “The Samaja” both Dtd. 04-12-2014 and following corrigendum in “The New Indian Express” Dtd. 05-12-2014:-

Lot
No. / Description of the Secured Assets
1. / All the part, parcel of the Land, Factory shed & Building situated at Mouza-Ganeshwarpur, Khata No.1332, Revenue Plot No. – 2043, 1669, IDCO Plot No. – 8, P.O. - Junugani, PS- Industrial Area, Balasore, Odisha,
Total Area of the Land : Ac 1.500 Dec. (65,340 Sqr. Ft.)

1. Name of the bidder :______

2. Address of the bidder :______

(Attach residence proof)*

______

______

3. PAN NO.:______

(Attach copy of PAN Card)*

4.Bid Amount Offered:______

5. Bid Amount negotiable

towards increase in amount:Yes/ No

6. Details of Earnest Money : Deposited (EMD) Pay Order/Draft no. ______

Dated ______ Amount ______

(Favoring ASREC PS - 02/2013-14 Trust payable at Mumbai)

*optional

I HEREBY CONFIRM THAT I HAVE GONE THROUGH THE OFFER DOCUMENT OF THE ASREC (INDIA) LIMITED AND UNDERTAKE TO ABIDE BY THE TERMS AND CONDITIONS OF THE OFFER (DULY SIGNED TERMS AND CONDITIONS OF SALE IS ENCLOSED)

DATED: ______

PLACE: ______(Signature of the bidder)

ANNEXURE TO BIDDING FORM

Terms and Conditions of sale of moveable property more particularly described in the sale notice belonging to “Hare Krishna HeemgharPvt. Ltd.” under SARFAESI Act 2002.

The sale shall be subject to the conditions prescribed in the Security Interest (Enforcement) Rules 2002 and to the following further conditions.

  1. Bidder's submission of tenders is subject to enclosing of above DD/PO in favour of “ASREC PS - 02/2013-14 Trust”, payable at Mumbai.
  2. Offers below the reserve price / without EMD / qualified / conditional shall be disqualified.
  3. ASREC (India) Ltd/ Authorised Officer reserves the right not to accept or reject all or any one of the bids offered, even though higher than the reserve price without assigning any reason. ASREC (India) Ltd. / Authorised Officer also reserve the right to cancel, postpone the bid / sale process without fixing any date and/or assigning any reason whatsoever. Any dispute arising out of sale process the decision of the Authorised Officer shall be final & binding upon the participants / bidders.
  4. Successful bidder will have to deposit 25% of the total bid amount / purchase price (adjusting EMD) immediately on the date of acceptance of bid and balance 75% of the bid amount / purchase price within 15 days of sale process of the Property. On failure to honour the terms and conditions of the tender by the successful bidder, the 25% of the offer amount or EMD (as the case may be) deposited shall be forfeited.
  5. Persons interested should make their own independent inquiries as to the title of the property and claims/dues from Govt. Semi Govt. Department if any, affecting the property. Any statutory or other dues payable and due on these properties shall have to be borne by the purchasers/bidders only. All the expenses of whatever nature including stamp duty, registration charges, transfer fee, etc. of getting property transferred shall be borne by the purchaser and ASREC (India) Ltd. shall not in any way be liable for the same.
  6. Until the sale is confirmed, ASREC (India) Ltd. reserves the right to withdraw from the process or any part thereof, to accept or reject any or all bids at any stage of the process and/or modify the process or any part thereof or to vary terms at any time without assigning any reason whatsoever. No financial obligation will accrue to ASREC (India) Ltd. in such an event.
  7. The sale shall be confirmed in favour of the purchaser who has offered / timely paid the highest sale price in his bid to the ASREC (India) Ltd./ Authorised Officer and shall be subject to the confirmation by the ASREC (India) Ltd./ Authorised Officer.
  8. On confirmation of sale, a Sale Certificate shall be issued in terms of Rule 9(6) of the SARFAESI Act 2002 and possession of the property will be delivered.
  9. Purchaser has to pay the stamp duty registration charges and other dues as applicable.
  10. The Purchaser shall be delivered physical possession of the property at the sites mentioned above after receiving full purchase price and issuance of Sale Certificate.
  11. Sale shall be without recourse to the ASREC (India) Ltd./ Authorised Officer.
  12. Sale is on “AS IS WHERE IS BASIS ” AND " AS IS WHAT IS BASIS".
  13. If the borrower deposits the dues before acceptance of bid, ASREC (India) Ltd./ Authorised Officer reserves the right to cancel the bid/sale.

Place: ______Sd/-

Date: (Vivek Awasthi)

Authorised Officer & Assistant Vice President

ASREC (India) Ltd.

Signature of the Bidder:

Date:

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