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Canara Bank V/s M/s Sri Narasimha Cotton Traders

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(Auction Sale Notice for Sale of Immovable Properties) CANARA BANK ARM Branch, 1st floor, Governorpet, Vijayawada – 520002 (A GOVERNMENT OF INDIA UNDERTAKING) Ref: 0605.261.10660 & 0605.773.7233 SN Date: 16.04.2021 SALE NOTICE E-Auction Sale Notice for Sale of Immovable Properties under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with proviso to Rule 8 (6) of the Security Interest (Enforcement) Rules, 2002 Notice is hereby given to the public in general and in particular to the Borrower (s) and Guarantor (s) that the below described immovable properties mortgaged to the Secured Creditor, the symbolic possession of which has been taken by the Authorized Officer of Guntur Main branch of Canara Bank will be sold on “As is where is”, “As is what is”, and “Whatever there is” on 28.05.2021, for recovery of Rs. 1582.45 lakhs due to the ARM branch, Vijayawada of Canara Bank from M/s Chaitanya Enterprises Delinters Factory represented by its partners Sri Annam Srinivasa Rao, Smt. Annam Manimala and Sri A V S Manikaya Rao The reserve price for the properties will be Rs. 49.59 lakhs with EMD amount of Rs. 4.96 lakhs (For property no.1) , Rs. 13.46 lakhs with EMD amount of Rs. 1.35 lakhs (For property no.2) & Rs. 54.05 lakhs with EMD amount of Rs. 5.46 lakhs (For property no.3)The Earnest Money Deposit shall be deposited on or before 26.05.2021 at 4.30 pm. Details and full description of the immovable properties with no encumbrances to the knowledge of the bank: Property no.1: Vacant site admeasuring 319.44 sq. yards (159.72 sq. yards + 159.72 sq. yards) bearing D No. 158 of Purushothampatnam village, door No. 3-51 of Chilakaluripet municipality, block no. 3, Narasaraopet registration district, Guntur district standing in the name of A Srinivasa Rao vide document no.’s 1151/2014 & 1152/2014 Bounded: Doc No. 1151/2014 East: Site sold by T Parvathi to A Srinivasa Rao South: Remaining property of Sadhu Rama Krishna Kishore West: Municipal bazaar North: Site sold by T Parvathi to A Manimala Doc No. 1152/2014 East: Site of T Ayodyaramaiah South: Remaining property of T Parvathi West: Site sold by Sadhu Rama Krishna Kishore to A Srinivasa Rao North: Site sold by T Parvathi to A Manimala Property no.2: Vacant site admeasuring 80.88 sq. yards (40.44 sq. yards + 40.44 sq. yards) bearing D No. 158 of Purushothampatnam village, door No. 3-51 of Chilakaluripet municipality, block no. 3, Narasaraopet registration district, Guntur district standing in the name of Smt. A Manimala vide document no.’s 1153/2014 & 1154/2014 Bounded: Doc No. 1153/2014 East: Site sold by T Parvathi to A Manimala South: Site sold by Sadhu Rama Krishna Kishore to A Srinivasa Rao West: Municipal bazaar North: Site of Thotakura Someswara Rao Doc No. 1154/2014 East: Site of T Ayodyaramaiah South: Site sold by T Parvathi to A Srinivasa Rao West: Site sold by Sadhu Rama Krishna Kishore to A Manimala North: Site of Thotakura Someswara Rao Property no.3: Vacant Land admeasuring 44 cents or 2129 sq yds with ACC shed in Division No.209, situated at near gram panchayath office, Ganapavaram village & grampanchayath, Nadendla Mandal, Guntur District covered by sale deed No 2689/2012. Bounded: East: Property of T. Venkata Subba Rao South: Property of K. Subba Rao West: Property of K. Anjaneyulu North: Property way left by T. Venkata Subba Rao For detailed terms and conditions of the sale please refer the link “E-Auction” provided in Canara Bank’s website (www.canarabank.com) or may contact Chief Manager, ARM branch, Vijayawada, Canara Bank, Ph No 0866-2486566 during office hours on any working day. Date: 16.04.2021

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