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Canara Bank Tender

View complete overview of TN Canara Bank Tender

Canara Bank Tender

Dindigul, Tamil Nadu
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  • Opening Date

    26 Aug 2019

  • Closing Date

    29 Sep 2019

  • Tender Amount

    ₹ 35,00,000

  • Auction Start Date

    30 Sep 2019

  • Auction End Date

    30 Sep 2019

Costs

Summary

Canara Bank Vs Sri Mahalakshmi Paper Industries

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(A GOVERNMENT OF INDIA UNDERTAKING) DINDIDGUL MAIN BRANCH SALE NOTICE E-Auction Sale Notice for Sale of Immovable Properties under the Securitisation 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 property mortgaged/charged to the Secured Creditor, the constructive/physical (Strike whichever is not applicable) possession of which has been taken by the Authorised Officer of DINDIGUL MAIN branch of the Canara Bank., will be sold on “As is where is”, “As is what is”, and “ Whatever there is” on 30th September 2019 (mention date of the sale), for recovery of 1. Rs. 8, 81, 32,314.68 (Rupees Eight crore eighty one lakh thirty two thousand three hundred and fourteen and sixty eight paise only) as on 31/07/2019 with further interest from 01/08/2019 + cost in OD/OCC account 1006261005186. 2. Rs. 23, 95,043/- (Rupees Twenty three lakh ninty five thousand and forty three only) as on 30/07/2019 with further interest from 31/07/2019 + cost in MSME-MFG account 1006766000008. 3. Rs. 2, 92, 69,674.50 (Rupees Two crore ninety two lakh sixty nine thousand six hundred seventy four and fifty paise only) as on 23/07/2019 with further interest from 24/07/2019 + cost in MSME-MFG account 1006766000029. 4. Rs. 19,77,129/- (Rupees Nineteen lakh seventy seven thousand one hundred and twenty nine only) as on 17/07/2019 with further interest from 18/07/2019 + cost in Term loan account 1006773025466. 5. Rs. 5, 94, 87,447/- (Rupees Five crore ninety four lakh eighty seven thousand four hundred and forty seven only) as on 12/07/2019 with further interest from 13/07/2019 + cost in Term loan account 1006773025475. due to the DINDIGUL MAIN branch of Canara Bank from Sri Mahalakshmi Paper Industries, Proprietor: Mr.M.R.S.Balajee and Mrs.B.Kungumapriya-Mortgagor . The reserve price for Property 1 will be Rs.1,04,00,000/- (Rupees One crore four lakhs only) and the earnest money deposit will be Rs.10,40,000/-. The Earnest Money Deposit shall be deposited on or before 29th Septmeber 2019 at 3 pm. The reserve price for Property 2 + Property 3 will be Rs.2, 35, 00,000/- (Rupees Two crore thirty five lakhs only) and the earnest money deposit will be Rs.23,35,000/-. The Earnest Money Deposit shall be deposited on or before 29th Septmeber 2019 at 3 pm. The reserve price for Property 4 will be Rs.35,00,000/- (Rupees Thirty five lakhs only) and the earnest money deposit will be Rs.3,50,000/-. The Earnest Money Deposit shall be deposited on or before 29th Septmeber 2019 at 3 pm. The reserve price for Property 5 will be Rs.35,00,000/- (Rupees Thirty five lakhs only) and the earnest money deposit will be Rs.3,50,000/-. The Earnest Money Deposit shall be deposited on or before 29th Septmeber 2019 at 3 pm. (A GOVERNMENT OF INDIA UNDERTAKING) DINDIDGUL MAIN BRANCH The reserve price for Property 6 will be Rs.40,00,000/- (Rupees Forty lakhs only) and the earnest money deposit will be Rs.4,00,000/-. The Earnest Money Deposit shall be deposited on or before 29th Septmeber 2019 at 3 pm. DETAIL OF PROPERTIES Property 1:- All the parts and parcel of the factory land and building situated at Dindigul RD, Dindigul joint II SRD, Dindigul Taluk, Agaram Village comprised in. 1. S.No.1943/1 measuring 40 cents out of 75 cents bounded by East – pathway running North South belonging to The Bricks Indusrties, West – Lands in S.No.1942/3A1, 1942/3B1, North – Lands in S.No.1944/2B&3, South – Lands in S.No.1943/1 2. S.No.1942/3A1 measuring 65 cents bounded by East – Land in S.No.1944/2A, West – Road running North – South North – Mut

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