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BO: Anna Salai, 15 - 16, GP Road, Chennai- 600 002 Ph: 044- 28600782, 28601861, 28601862, 28601260,Email: 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), Mortgagor(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”, “As is what is” and “Whatever there is” on 20.03.2019, 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.11,00,000/- and the earnest money deposit will be Rs.1,10,000/- . A short description of the immovable property with knows encumbrances, if any, are mentioned as under: Borrowers/ Mortgagors: M/s. Shree Ram Engineering Works Guarantors/Mortgagor: NIL S l n o Name of Borrower/*G uarantor Name of owner(s) Mortgagor s of Properties Description of Mortgaged Properties Details of Encumbr ances known to the secured creditor Details of secured Debt Date of Notice under Section 13(2) of SARFAES I ACT Date of Notice under Section 13(4) of SARFAES I ACT Reserv e Price (In lakhs) EMD (In lakhs) 1 M/s. Shree Ram Engineering Works Mrs. S.Santha Land belongs to Mrs. S Santha Land and factory building located at Unit No.32, Survey No 1/3A3 Panapakkam to Walaja Road, Mahanipattu Village, Arakkonam Tk , Vellore Dist. North by: Panapakkam to Walaja Rd, South by: Odai, East by : Odai and Alapakkam Boundry, West by: Land belonging to Mr. Gopal Pillai NA Rs.30,59,536.64 as on 30.09.2018 with further interest and charges from 01.10.2018 08.08. 2012 11.07.20 13 11.00 1.10 Last Date for Depositing EMD 18.03.2019 Inspection of Property with Prior Appointment with Authorized Officer 16.03.2019 Date of e auction and Time of E auction 20.03.2019 Time:11.00 a.m. to 11.30 p.m. Automatic extension for each item 5 minutes each till conclusion of sale BID MULTIPLIER (Minimum incremental Bid Value) Rs.10,000/- BO: Anna Salai, 15 - 16, GP Road, Chennai- 600 002 Ph: 044- 28600782, 28601861, 28601862, 28601260,Email: 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 error, mis statement or omission in this proclamation. 3. The Secured asset will not be sold below the reserve price. 4. The auction sale will be done by “Online through e-auction” portal 5. The Bidders are also advised to go through the portal, and for detailed terms and conditions for e-auction sale before submitting their bids and taking part in the E-Auction sale proceedings and or contact or Smt.Sandhya Ravimohan , Chi

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