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Indian Overseas Bank, Vijay Chowk Branch, Gorakhpur BO

Gorakhpur, Uttar Pradesh

  • Opening Date

    28 Aug 2019

  • Closing Date

    13 Sep 2019

  • Tender Amount

    ₹ 23,00,000

  • EMD

    ₹ 2,30,000

  • Auction Start Date

    16 Sep 2019

  • Auction End Date

    16 Sep 2019

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Summary

Iob Vs M/s Delhi Disposal Goods

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1 TENDER DOCUMENT FOR E AUCTION Whereas the Bank acting through its Authorised Officer, in exercise of its power under Section 13(2) of the Securitisation Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (No. 54 of 2002) has decided to sale through e- Auction the properties mentioned in ANNEXURE - I for realization of the secured debts due to Indian Overseas Bank under SARFAESI Act, 2002. The sale shall be subject to the conditions prescribed in the Security Interest (Enforcement) Rules 2002 and to the following further conditions: Auctioneer Name Indian Overseas Bank Branch Office : As per Publication Auction to be Conducted by M/S C1 India Pvt. Ltd., Phase 2, Gulf Petrochem building, Building No. 301,Gurgaon, Haryana. Pin: 122015 (Phone numbers: +91-124-4302020 / 21 / 22 / 23 / 24, - +91 7291981124 / 1126 Auction Schedule Date of Auction:- As per Sale Notice Timings:- As per Sale Notice Auction Website :- https://www.bankeauctions.com Auction Website: - https://www.bankeauctions.com Please refer sale notice for number of extensions. Note: if the extensions are not available in the sale notice, it will be considered as Unlimited extensions of 5 minutes. Annexure 1) Terms & conditions of e-Auction 2) Soft Copy of Auction Notice published in newspapers (Annexure –I) 3) Details of Bidder (Annexure – II) INSTRUCTION: This document is required to be duly filled in and signed by the bidder and thereafter uploaded in the website https://www.bankeauctions.com during the time of submission of the bid. 4) Declaration by Bidder(Annexure – III) INSTRUCTION: This document is required to be duly filled in and signed by the bidder and thereafter uploaded in the website https://www.bankeauctions.com during the time of submission of the bid. 5) Confirmation by Bidder Regarding Receipt of Training (Annexure – IV) INSTRUCTION: This document is required to be duly filled in and signed by the bidder and thereafter sent the scanned copy of that to the Authorised Officer, Indian Overseas Bank mentioned in the Sale Notice just after availing training on e-Auction with a copy to support@bankeauctions.com 6) Price Confirmation Letter by H1 Bidder (Annexure – V) INSTRUCTION: This document is required to be duly filled in and signed by the H1 bidder and thereafter e-mail scanned letter the Authorised Officer, Indian Overseas Bank mentioned in the Sale Notice & copy to support@bankeauctions.com, immediately on completion of the bidding. 2 Special Instructions Bidding in the last minutes and seconds should be avoided in the bidders own interest. Neither the Service Provider nor Bank will be responsible for any lapses / failure on the part of the Bidder, in such cases. E-Auction bidding Terms and Conditions 1. Computerized e-Auction shall be conducted by service provider M/S C1 INDIA PVT. LTD. on behalf of Indian Overseas Bank , on pre-specified date, while the bidders shall be quoting from their own offices / place of their choice. Internet connectivity and other paraphernalia requirements shall have to be ensured by bidders themselves. Please note that failure of Internet connectivity (due to any reason whatsoever it may be) shall be sole responsibility of bidders and neither Bank nor M/S C1 INDIA PVT. LTD. shall be responsible for these unforeseen circumstances. In order to ward-off such contingent situation, bidders are

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