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Punjab National Bank

  • Opening Date

    16 Jul 2019

  • Closing Date

    19 Aug 2019

  • Tender Amount

    ₹ 5,40,00,000

  • EMD

    ₹ 54,00,000

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Summary

1 40 Acres Vacant Land Sf 181 1 Uthangudi Village Madurai East Ttc Nagar Uthangudi

Documents
1 40 Acres Vacant land SF 181 1 Uthangudi village Madurai East TTC Nagar Uthangudi
1 40 Acres Vacant land SF 181 1 Uthangudi village Madurai East TTC Nagar Uthangudi
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Asset Recovery Management Branch, PNB Towers, Mezzanine Floor,46-49 RH Road, Chennai 600 014. 8884984466;9447634640/ Tele fax: 044 28114150/28113137/2/8113175/ email: bo3612@pnb.co.in ; ifsc: punb0361200 E-AUCTION SALE NOTICE TO GENERAL PUBLIC UNDER RULE 8 & 9 OF THE SECURITY INTEREST (ENFORCEMENT) RULES 2002 PUBLIC NOTICE FOR E-AUCTION FOR SALE OF IMMOVABLE PROPERTIES E-Auction Sale Notice for Sale of immovable properties mortgaged to the Bank under Securitization and Reconstruction of Financial Assets And Enforcement of Security Interest Act , 2002 read with proviso to Rule 8(6) of the Security Interest (Enforcement) Rule, 2002 Notice is hereby given to the public in general and in particular to the borrower(s), Mortgagagor(s) and Guarantor (s) that the below described immovable property (ies) mortgaged/charged to the secured creditor, the constructive possession of which has been taken by the Authorized officer of Punjab National Bank, secured Creditor, will be sold on “As is where is”, and “whatever there is” on 21.08.2019, for recovery of amount, as mentioned below due to Punjab National Bank secured creditors from below Named borrower(s), Mortgagor(s) and Guarantor(s). The reserve Price will be Rs. 540.00 Lacs and the earnest money deposit will be Rs. 54.00 lacs. A short description of the immovable property with knows encumbrances, if any, are mentioned as under: Borrowers/Mortgagor: 1. M/s Akino Electronics 2. Mr M Najmuddin, 1-94, Kuditheru, Kothur, Tiruchirapalli, Tamilnadu-621216 Guarantors 1. Mr K R Krishnaswamy, Door No. 2/3 East 2 nd Main Road, Anna Nagar, Madurai-625020 2. Mr R Sundarrajan, 2-153, D Ganesh Nagaem, Ellakudi Village, Tiruchirapalli, Tamilnadu-620017 3. Mr A V Parthipan, 33 Rajakkalpatti, Krishnapuram, Palamedu PO, Madurai-625503 Sl no Name of Borrow er/ *Guara ntor Name of owner(s) Mortgago rs of Properties Description of Mortgaged Properties Details of Encumbrance s known to the secured creditor Details of secured Debt Date of Notice under Section 13(2) of SARFAESI ACT Date of Notic e under Secti on 13(4) of SARF AESI ACT Reser ve Price EMD 1 Mr M Najmud din, Mr K R Krishnas amy, Mr Mr K R Krishnasa my Vacant land in SF No. 181/1, Uthangudi village, Madurai East Taluk , West NIL Rs.8.96 Crores with interest from date of NPA 24.09.2018 08.01 .2019 Rs. 540.0 0 lacs Rs. 54.00 lacs Asset Recovery Management Branch, PNB Towers, Mezzanine Floor,46-49 RH Road, Chennai 600 014. 8884984466;9447634640/ Tele fax: 044 28114150/28113137/2/8113175/ email: bo3612@pnb.co.in ; ifsc: punb0361200 R Sundarr ajan, Mr A V Parthip an of TTC Nagar, Uthangudi, 800 metres South West of Madurai Trichy Highway from NHAI office Building at Uthangudi village admeasuring 1.40 Acres bounded on North by SF 174, South by SF 181/2E, 2F and 2G, East by SF 181/3, West by SF 169 Last Date for Depositing EMD 19.08.2019 Inspection of Property with Prior Appointment with Authorized Officer 16.08.2019 Date of e auction and Time of E auction 21.08.2019 Time: 3.00 P.M to 4.00 P.M Automatic extension for each item 5 minutes each till conclusion of sale BID MULTIPLIER (Minimum incremental Bid Value) Rs. 1,00,000/- For Detailed terms and conditions of the sale, please refer to link provided in 1)www://pnbibndia.in, 2)www://pnbindia.biz, 3)https://eprocure.gov.in/epublish/app. TERMS AND CONDITIONS OF E-AUCTION SALE The sale shall be subject to the conditions prescribed in the Security Interest (Enforcement) Rules, 2002 and to the following terms and conditions: 1. The Sale will be of the property of the mortgagers / Obligants above named on “AS IS WHERE IS “, “AS IS WHAT IS” BASIS. 2. The particulars of Secured Assets specified in the schedule hereinabove have been stated to the best of the information of the Authorised officer, but the Authorised Officer shall not be answerable for any e

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