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Punjab National Bank

  • Tender Amount

    ₹ 4,500,000

  • EMD

    ₹ 450,000

  • Opening Date

    26 Feb 2019

  • Closing Date

    12 Mar 2019


Basement B-102, Without Roof Right Plot No. 161, Bd Block, Wea, Desh Bandu Gupta Road, Karol Bagh, New Delhi 110005 Measuring 55.1826 Sq. Mtr In Name Of Udham Singh

RECOVERY DEPARTMENT: NORTH DELHI RAJENDRA BHAWAN, RAJENDRA PLACE, NEW DELHI-1100125, PHONE: 011-25728380 EMAIL: Whereas under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002, the Authorized Officers have issued Demand Notice for recovery of sums from the borrowers/guarantors/mortgagors (herein referred to as borrowers) as per details given below against each borrower. Further, in exercise of powers contained in the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002, the respective Authorized Officers have taken possession of the under mentioned secured assets which are held as securities in respect of Loan/ Credit facilities granted to the borrowers listed below. Whereas sale of the secured assets is to be made through Public E-Auction for recovery of the secured debts due to Punjab National Bank from the borrowers as per demand notice plus future interest, costs and charges incurred by the Bank thereon, less recoveries if any, thereafter. The General Public is invited to bid either through personally or by duly authorized agent. Bank will be free to bid for eligible properties. SCHEDULE OF SALE OF THE SECURED ASSETS NAME OF BORROW ER & BANK BRANCH DATE OF DEMAND NOTICE AND OUTSTAN DING AMOUNT MENTION ED THEREIN DESCRIPTION OF PROPERTY ALONG WITH NAME OF MORTGAGOR (OWNER OF THE PROPERTY) STATUS OF POSSESSI ON (PHYSICAL or SYMBOLIC ) RESERVE PRICE EARNEST MONEY DEPOSIT (EMD) AMOUNT INCREMEN TAL BID AMOUNT LAST DATE OF DEPOSIT OF EMD DATE AND TIME OF INSPECT ION OF PROPER TY DATE AND TIME OF ACTION M/s Meroz Trading (P) Limited; BO: Civil Lines. Delhi 03.10.16; Rs. 496.39 lacs Basement B – 102, without roof right Plot No. 161, BD – Block, WEA, Desh Bandu Gupta Road, Karol Bagh, New Delhi – 110005 measuring 55.1826 sq. mtr in name of Udham Singh SYMBOLIC Rs.45.00 Lakhs Rs.4.50 Lakhs Rs.10,000/- 12.03.19 11.03.19 01:30 PM To 03:30 PM 14.03.19 11.30 AM TO 12.30 PM TERMS AND CONDITIONS OF E-AUCTION SALE: The sale shall be subject to the Terms & Conditions prescribed in the Security Interest (Enforcement) Rules 2002 and to the following further conditions: 1. The properties are being sold on, As is Where Is Basis. 2. The secured will not be sold below the reserve price. The minimum (first) bid would be Reserve Price Plus one incremental bid amount. 3. The auction sale will be “online through e-auction” portal 4. The bidders are advised to go through the portal the terms & conditions for e auction sale before submitting their bids and taking part in the e-auction sale proceedings and / or contact Dr. ARUN GOEL (AGM) (M.No.8800888456), The Authorized Officer and Nodal Officer Shri R K Bansal (M No.8289026427) Dy. Circle Head, PNB, Circle Office, North Delhi. 5. The interested bidders shall deposit the EMD by way of NEFT/RTGS favouring “The Authorised Officer, Punjab National Bank” or through NEFT/RTGS by 12.03.19 to the following Account Punjab National Bank, CIVIL LINES, Delhi 0115003171160, IFSC Code PUNB0011500. 6. Thereafter, on deposit of EMD, the bidders shall submit: 1. Proof of deposit of EMD, when remitted through NEFT/ RTGS. 2. ID Proof, that is, scanned copies of PAN Card etc. 3. Proof of residential address. 4.(a) Bidder’s Name (b) Mobile /Contact No. (C) Address (d) Email address 5 Bidder’s account details for on line refund of EMD, if any 6. The bidders other than individuals shall also submit proper mandate for e-bidding. Bidder is to submit these documents through e-mail to the Authorised officer/ Nodal officer at e-mail address: & and also submit self attested hard copies of these documents to the Authorised officer, at the Branch in the envelope super scribing as ‘Bid in the A/C MEROZ TRADING (P) LIMITED , BO: CIVIL LINES, Delhi 7. The interested bidders are required to obtain login ID and Password well in adva

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