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Punjab Basmati Rice Limited (in Liquidation)

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6th E-AUCTION SALE NOTICE Sale of Assets/Properties of corporate debtor PUNJAB BASMATI RICE LIMITED - IN LIQUIDATION (CIN No. U15312PB1995PLC015550) Regd. Office & Factory Premises: Sangrana Sahib, Tarn Taran Road, Amritsar- 143 001(Punjab)’ “The corporate debtor namely Punjab Basmati Rice Limited - is under Liquidation Process under IBC,2016 by Hon'ble NCLT, Chandigarh Bench, Chandigarh (AA) vide order dated 18.12.2019 in CP(IB)NO.340/CHD/PB/2018 (Admitted) ” Liquidator’s Name & Registration No, Sanjay Kumar Aggarwal, IBBI/IPA-002/N-00126/2017-18/10295 Registered Address with IBBI # 14,New Punjab Mata Nagar, Main Street, Pakhowal Road, Ludhiana -141 013 (Punjab) Mobile & E-mail ID M-98761 05414, E-mail ID: sanjayaggarwal.fcs@gmail.com Notice is hereby given to the public in general under the Insolvency and Bankruptcy Code, 2016 and regulations framed thereunder that sale of Assets / Properties owned by “Punjab Basmati Rice Limited – In Liquidation” under IBC forming part of Liquidation Estate of “ Punjab Basmati Rice Limited – In Liquidation” will be sold by Liquidator duly appointed by the AA vide order dated 18.12.2019 ; through E-Auction platform https://www.bankauctions.com of service provider namely M/S C1 India Pvt. Ltd. | Udyog Vihar, Phase 2, | Gulf Petrochem Building, Building No.301 Gurgaon , Haryana Pin: 122015. Date and Time of E-Auction On 03.03.2021 from 11.00 a.m to 4.00 p.m as per time schedule of Lot Nos 1 to 3 stated below . Last Date for Submission of EMD On 02.03.2021 upto 4.00 p.m for Lot Nos 1 to 3. Discussions, inspection, information and to seek any clarification relating to captioned assets /property of CD put for e-auction. On 27.02.201 between 11.30 a,m to 2.30 p.m Lot No. Brief Descriptions of Assets/Properties and Address thereof Reserve Price EMD Time and date of e-auction as per time schedule of Lot Nos 1 to 3. 1 Composite Sale of Entire Plant & Machinery & other equipment’s including total machinery installation expenses Equipments thereto and other misc. assets in the name of CD in all plants in front of each other separately and entire Land comprising/admeasuring 58669.875 sq.yards in the name of the corporate debtor “Punjab Basmati Rice Limited- In Liquidation under IBC” (Geographic Location of property: Latitude: 31.575928, Longitude: 74,886020) situated at Village Chhaba GT Road, Sangrana Sahib, Tarn Taran Road, Amritsar and at Village Guruwali (Gilwali) GT Road, Sangrana Sahib, Tarn Taran Road, Amritsar in way/front of each other and entire Building, Industrial Sheds, Boilder Shed and structures thereof , Plant Halls/Godowns , Office Block Transformer/Panel Room thereof including electrical installations etc and open development area with boundary wall is 9”thick brick wall laid in cement mortar, plastered/un-plastered with an average height of 2.50 Mtrs. etc. falling in the Liquidation Estate of the captioned corporate debtor . Rs. 30.00 Cr. (Rs. Thirty Crores ) EMD : Rs. 3 Crores (Rs. Three Crores) Bid Incremental Amount in Multiples for each bid : Rs. 5,00,000/- (Rs. Five Lacs) 11.00 a.m to 1.30 p.m on 03.03.2021 2 Entire Plant & Machinery , other equipment’s including total machinery installation expenses Equipments thereto and other misc. assets in all plants in front of each other separately in the name of the corporate debtor (Punjab Basmati Rice Limited ) falling in the Liquidation Estate of the corporate debtor Rs. 15.00 Cr. (Rs. Fifteen Crores ) EMD : Rs. 1.5 Crores (Rs. One Crore and Fifty lacs) Bid Incremental Amount in Multiples for each bid : Rs. 5,00,000/- (Rs. Five Lacs) 2.00 p.m to 3.15 p.m on 03.03.2021 3 Entire Land

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