Punjab National Bank

RECOVERY DEPARTMENT, ZONAL OFFICE: DELHI 4th FLOOR, RAJENDRA BHAWAN, RAJENDRA PLACE, NEW DELHI-110125 PHONE :011-25716386, EMAIL:fgmdelrd@pnb.co.in E-AUCTION SALE NOTICE TO GENERAL PUBLIC Whereas under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002, the Authorized Officers have issued Demand Notice for recovery of sums from the borrowers/guarantors/mortgagors (herein referred to as borrowers) as per details given below against each borrower. Further, in exercise of powers contained in the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002, the respective Authorized Officers have taken possession of the under mentioned secured assets which are held as securities in respect of Loan/ Credit facilities granted to the borrowers listed below. Whereas sale of the secured assets is to be made through Public E-Auction for recovery of the secured debts due to Punjab National Bank from the borrowers as per demand notice plus future interest, costs and charges incurred by the Bank thereon, less recoveries if any, thereafter. The General Public is invited to bid either through personally or by duly authorized agent. Bank will be free to bid for eligible properties. SCHEDULE OF SALE OF THE SECURED ASSETS S. No . NAME OF BORROWER & BANK BRANCH DATE OF DEMAND NOTICE AND OUTSTAND ING AMOUNT MENTIONE D THEREIN DESCRIPTION OF PROPERTY ALONG WITH NAME OF MORTGAGOR (OWNER OF THE PROPERTY) STATUS OF POSSESSIO N (Physical or Symbolic) RESERVE PRICE EARNE ST MONE Y DEPOSI T (EMD) AMOU NT LAST DATE OF DEPOSIT OF EMD DETAILS OF ACCOUNT IN WHICH EMD IS TO BE DEPOSITED THROUGH RTGS/NEFT & IFSC CODE DATE AND TIME OF INSPECTIO N OF PROPERTY DATE AND TIME OF AUCTION INCRE MENTA L BID AMOU NT NAME & CONTACT NO. OF AUTHORIZED OFFICER/NODAL OFFICER OUTST ANDIN G GO VT DUES, IF ANY 1 M/s Shri Bankey Bihari Ispat Pvt. Ltd. BO: ARMB, New Delhi Rs. 4990.00 lacs 22.02.2016 Land and Building situated at Khasra No. 85, plot No. 516, 518, 519,512,527 min,522,512 min, 527 at Vill. Kishanpur, Tehsil- Kitcha, Dist. Udham Singh Nagar Measuring 14.91 acre in the name of Shree Bakey Bihari Ispat (P) Ltd. Free Hold Symbolic Rs. 1415.00 lacs Rs. 141.50 lacs 30.08.2019 PUNJAB NATIONAL BANK, ARMB DRT Account No 1522002200000 316 (IFSC Code PUNB0152200) Interested bidders may visit the property at their own. 02.09.2019 12:00 noon to 01:00 pm Rs. 100000 Authorised Officer: Sh. Hoshiar Singh,Chief Manager 9741615271 Nodal Officer:Sh. Rabindra Kumar,Chief Manager 8130864663 Not Known TERMS AND CONDITIONS OF E-AUCTION SALE: The sale shall be subject to the Terms & Conditions prescribed in the Security Interest (Enforcement) Rules 2002 and to the following further conditions: 1. The properties are being sold on ‘AS IS WHERE 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, misstatement or omission in this proclamation. 3. The secured asset will not be sold below the reserve price. 4. The auction sale will be “online through e-auction” portal https://etender.pnbnet.in 5. The bidders are also advised to go through the portal https://etender.pnbnet.in 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 the Authorised Officer. 6. The interested bidders shall deposit the EMD by way of NEFT/RTGS. Thereafter, on deposit of EMD, the bidders shall submit- 1. Proof of deposit of EMD (Whe