Bank Of Maharashtra, Pune ZO

Terms and Conditions for sale of assets of through online e-auction under SARFAESI Act We have carefully gone through terms and conditions for e-auction and unconditionally accept it. Name of Bidder Signature of Bidder Date 1/9 Terms and Conditions for sale of assets of borrower accounts through online e-auction on 30.08.2019 and 18.09.2019 under SARFAESI Act 1. Nature and Object of Online Sale: a. The online e-auction sale is with the object of Free and Fair Sale, Transparency and for achieving best-possible recovery of public money. b. The sale is governed by the Provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and Security Interest (Enforcement) Rules, 2002 and the following specific terms and conditions. 2. (a) The auction sale will be On-line E-Auction / Bidding through website http://www.bankofmaharashtra.in/propsale.asp and https://www.bankeauctions.com on 30.08.2019 between 1.00 p.m and 3.00 p.m for Lot No 01 to 06 and 18.09.2019 between 1.00 p.m and 3.00 p.m. for Lot Nos.7 to 9, with unlimited extension of 5 minutes time in case of receipt of bid in last 5 minutes. Bidders shall improve their offers in multiple of Rs. 50,000/- (Fifty Thousand Only) during online bidding of the property. (b) Inspection Date & Time: 22.08.2019 between 11:00 a.m. and 4:00 p.m. for Lot No 01 to 6 and 22.08.2019 between 11:00 a.m. and 4:00 p.m for Lot Nos.7 to 9. 3. Registration of Bidders with M/s C1 India Pvt. Ltd. for bidding in e- auction as per the requirement of the Auctioneer Company is essential. For details in this regard, kindly visit website https://www.bankeauctions.com or contact Mr Hareesh Gowda, M/s C1 India Pvt Ltd, Mobile number 9594597555. 4. Caution to bidders: a. Property is being sold on “AS IS WHERE IS AND WHATEVER THERE IS BASIS” after taking Physical possession of the properties. b. To the best of knowledge and information of the Authorised Officers, there are no encumbrances on the properties. However, the intending bidders should make their own independent inquiries regarding the encumbrances, title of property put on auction, physical area of property, and claims / rights / dues / affecting the property, prior to submitting their bid. Further the bidder/purchaser should make their own inquiries regarding any statutory liabilities, arrears of tax, claims etc. by themselves before making the bid. The e-Auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation on the part of the bank. The property is being sold with all the existing and future encumbrances whether known or unknown to the bank. The Authorised Officer / Secured Creditor shall not be responsible in any way for any third party claims / rights / dues. c. The Bank does not undertake any responsibility to procure any permission/license, NOC, etc. in respect of the property offered for sale or for any dues like outstanding water/service charges, transfer fees, electricity dues, dues to the Municipal Corporation/local authority/Co-operative Housing Society or any other dues, taxes, levies, fees, transfer fees if any in respect of and/or in relation to the sale of the said पणु ेशहर अचंल कार्ाालर् PUNE CITY ZONAL OFFICE 1183/ए, र्शोमंगल, एफ सी रोड, शशवाजीनगर, पुणे-5 1183/A ‘Yashomangal’ F C Road, Shivajinagar, Pune - 5 टेलीफोन/TELE : फोन 020 – 25573402/3303 फैक्स/FAX 020-28850552 प्रधान कार्ाालर्: लोकमंगल, 5805,शशवाजीनगर, पुणे -8 Head Office: LOKMANGAL,1501,SHIVAJINAGAR,PUNE-5 Terms and Conditions for sale of assets of through online e-auction under SARFAESI Act We have carefully gone through terms and conditions for e-auction and unconditionally accept it. Name of Bidder Signature of Bidder Date 2/9 property. Successful Bidder has to comply with the provisions of Income Tax regarding purchase of property & to pay the tax