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Punjab National Bank

  • Opening Date

    16 Jul 2019

  • Closing Date

    06 Aug 2019

  • Tender Amount

    ₹ 4,50,00,000

  • EMD

    ₹ 45,00,000

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Factory Land And Building On Plot Of Land Msg 4800sq Mt Situated At No 65, Roz Ka Meo Industrial Area Sohna, Haryana- 122006, Freehold, In The Name Of Intrend Cotton P Ltd

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RECOVERY DEPARTMENT: NORTH DELHI RAJENDRA BHAWAN, RAJENDRA PLACE, NEW DELHI-1100125, PHONE: 011-25744163 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 BORROWE R & BANK BRANCH DATE OF DEMAND NOTICE AND OUTSTANDI NG AMOUNT MENTIONED THEREIN DESCRIPTION OF PROPERTY ALONG WITH NAME OF MORTGAGOR (OWNER OF THE PROPERTY) STATUS OF POSSESSI ON (PHYSICAL or SYMBOLIC ) RESERVE PRICE EARNES T MONEY DEPOSI T (EMD) AMOUNT INCREME NTAL BID AMOUNT LAST DATE OF DEPOSIT OF EMD DATE AND TIME OF INSPECTI ON OF PROPERT Y DATE AND TIME OF ACTION Intrend Cotton (P) Limited BO: ARMB Mayur Vihar Ph-II, Delhi- 110091 05.10.2012 958.87lacs Factory land and building on plot of land msg 4800sq mt situated at no 65, Roz Ka Meo Industrial area Sohna, Haryana- 122006, Freehold, in the name of Intrend Cotton P Ltd PHYSICAL Rs. 450.00 Lakhs Rs. 45.00 Lakhs Rs.25000/- 06.08.19 05.08.19 02:30 PM To 04.30 PM 09.08.19 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 Sh. Sibananda Bhanja (M No.7044070801), 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 06.08.2019 to the following Account Punjab National Bank, ARMB, Delhi 4408002100515419, IFSC Code PUNB0440800. 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 INTREND COTTON (P) LIMITED BO: ARMB, Delhi 7. The interested bidders are required to obtain login ID and Password well i

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