CSB Bank Limited Tender

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Sale Of Property By Drt-i-chennai, Csb Bank Ltd. V/s. M/s. Abrar And Co. (drc No. 89/2019) (e-sale No. 13/2020)

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··" I .0I DEBTS RECOVERY TRIBUNAL - I CHENNAI T..\elefax 6th Floor, Dewa Towers Telephone 28490496 nO-A, Anna Salai, C~ennai - 600002. D.R.C. No.: 89/2019 E-Sale No.: 13/2020 E-AUCTION SALE NOTICE The under mentioned properties will be sold by public e-auction on 12.1'1.2020 for recovery of a sum of Rs.1 ,65,87,509/- (Rupees one crore sixty five lakh eighty seven thousand five hundred nine only) the dues as on 31.01.2020 from Mis. Abrar and Co. and others together with future interest from 01.02.2020 in terms of the Recovery Certificate 3/2004 dated 26.02 .2004 and renumbered as ORC NO.89/2019 (ORT-l) till the date of realization and the costs, charges and expenses of the proceed i ngs for the recovery thereof: DESCRIPTION OF THE PROPERTY "All that piece and parcel of land together situated in Vellore Registration District, Vaniyambadi Sub-District, Vaniyambadi Taluk, Udhayendram Village, Kailasagiri Road, being part of the land of the extent of2.06 Acres comprised in Udayendram S. No .589 measuring 3841­ 3/ 4 sq . .Ii. bounded on the North by : Property belongs to C. Abrar Ahmed Saheb: East by: the Properly belonging to C Mustaq Mohamed Saheb: South and West by: Property belonging to Ameenur Rahmen ". Reserve Price Rs. 5,75 ,0001- (Rupees five lakh seventy five thousand only) Earnest Money Deposit Rs.57,5001- (Rupees fifty seven thousand five only) Bid MUltiplier Rs.1 0,0001- (Rupees ten thousand only) Poundage Fee 2% up to Rs.I 0001- & I % on the sale amount in excess of Rs.I 0001- as poundage fee to be paid by Demand Draft in favour Of "The Registrar DRT-I, Chennai - 600002. Inspection of Properties On 29.10.2020 between 11.00 A.M ) . EMD Remittance From 05.10.2020 to 05.11.2020 through EFTIN EFT I RTGS Transfer in favour of "Recovery Officer, DRT-f, Chcnnai, ORe No. 89/2019"to the credit of "CSB Bank Limited DRT- auction sale proceeds Alc No. 014104i17873195001" CSB Bank, Variiyambadi Branch, Tamillladu IFSC No.CSBKo.000141. Submission of online bids From 05.10.2020 to 05.11.2020. On' line auction sale On 12.11.2020 from 1100 hours to 1200 hours, ;0-, with auto time extension of3 minutes each, till sale is concluded. , Sale will be by bidding through Online. Bidders are advised to carefully go through all the terms and conditions of Sale given in the auction sal.e catalogue before submitting their bids. For terms and conditions of sale, please visithttps:lldrt.auctiontiger.netof the online. . service provider. Also may be viewed in the portal of www.tenders.gov.in/innerpage.asp?choice=tal. A copy of the terms and conditions of online sale is also displayed in the notice board of this Tribunal. E-offers/bids submitted online through the portal of https:lldrt.auctiontiger.netalone will be e}igible for consideration. For pre-auction training/mock or demo auction and for other technical information, please contact the online service provider Mis e-Procurement Technologies Ltd. at 15/7 Vel Amrutha Tower, Nallanna Mudali Street, Royapettah, Chennai - 600 014; contact person: Mr. Ptabakaran ­ 70 I 0067800 or through e-mail: tamilnadu@auctiontiger.net For other general information and details, please contact - Recovery Officer, DRT-I, Chennai, 6th Floor, Spencer Towers (now Dewa Towers), 770-A, Anna Salai, Chennai 600002 (Phone 044-28490496; e-mail drt 1chennai-dfs@nic.in or 1VIr. Parveen Kumar Nunna, Branch Manager, CSB Bank Limited, Vaniyambadi (Phone Nos. 9502151602/9072601141) ~¥ (DR. ILANGO CHINNASAMY) RECOVERY OFFICER DRT-I, CHENNAI 25.09.20.20.. Page 2 of 4 2 To The Chief Manager (Law), CSB Bank Limited, Zonal Office, 7th Floor, Rani Seethai Hall, Anna Salai, Chennai - 600006. C:,/ With directions to comply with the following requirements, Violation and non compliance of any of the directions will result in cancellation of Auction: I. CERTIFICATE HOLDER BANK MUST ENSURE: (a) Compliance ofCVC e-tendering safety precautio

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