(A GOVERNMENT OF INDIA UNDERTAKING)
ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Ref: Mega
auction/15
Date:06.08.2015
To,
1. M/s Vignesh Alloys Pvt Ltd,
No 147, T V Swamy Road,
R S Puram, Coimbatore-641002.
2. Sri. S. K. Rengaswamy,
No.147, TV Swamy Road,
RS Puram, Coimbatore -2.
3. Smt. R. Jayabharathi,
No.147, TV Swamy Road,
RS Puram, Coimbatore -2.
4. Sri. R. Mathivanan,
No.147, TV Swamy Road,
RS Puram, Coimbatore -2.
5. Smt. M. Kavithakala,
No.147, TV Swamy Road,
RS Puram, Coimbatore -2.
6. Sri. R. Vijayakumar,
No.147, TV Swamy Road,
RS Puram, Coimbatore -2.
7. Smt. V. Vidyapriya,
No.147, TV Swamy Road,
RS Puram, Coimbatore -2.
Dear Sir,
Sub:
Notice
under
Section
13(4)
of
the
Securitisation
and
Reconstruction of Financial Assets and Enforcement of Security
Interest Act, 2002 read with Rule 8(6) of the Security Interest
(Enforcement) Rules, 2002
As you are aware, I on behalf of Canara Bank,
have taken possession of the assets described
Notice annexed hereto in terms of Section 13(4)
connection with outstanding dues payable by you
Corporate Branch of Canara Bank.
Mid Corporate Branch
in Schedule of Sale
of the subject Act in
to our Coimbatore Mid
The undersigned proposes to sell the assets (through e-auction) more
fully described in the Schedule of Sale Notice.
Hence, in terms of the provisions of the subject Act and Rules made
thereunder, I am herewith sending the Sale Notice (e-auction notice)
containing terms and conditions of the sale. You are hereby given a
last and final opportunity to discharge the liability in full as
stated in the Sale Notice enclosed within 30 days from the date of
this notice, and reclaim the assets which have been possessed by the
bank, failing which the assets will be sold as per the terms and
conditions set out in the enclosed Sale Notice.
This is without prejudice to any other rights available to the Bank
under the subject Act/ or any other law in force.
Yours faithfully,
AUTHORISED OFFICER
CANARA BANK
ENCLOSURE – SALE NOTICE
(A GOVERNMENT OF INDIA UNDERTAKING)
ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
E-AUCTION NOTICE
SALE NOTICE OF IMMOVABLE PROPERTIES THROUGH E-AUCTION (ONLINE AUCTION)
UNDER RULES 8(6) & (9) OF THE SECURITY INTEREST (ENFORCEMENT) RULES
2002
Notice is hereby given to the effect that the immovable properties
described herein, taken possession under the provisions of
Securitisation and Reconstruction of Financial Assets and Enforcement
of Security Interest Act 2002 and Security Interest (Enforcement) Rules
2002, will be sold through e-auction on the following terms &
conditions. E auction arranged by the service provider M/s. EProcurement through the website https://canarabank.auctiontiger.net .
Canara Bank
ARM Branch
RS Puram, Coimbatore
1.Name and Address of the Secured Creditor:
2. Name and Address of the Borrower:
M/s Vignesh Alloys Pvt Ltd
Door No 147, T V Swamy Road
R S Puram, Coimbatore-641002
2. Total liabilities as on 08.07.2014 :
Rs. 27,09,53,167.20 plus interest and cost
3. Last Date & Time for receipt of tender documents:
19.09.2015 Before 2.00 PM.
4. Address in which the tender document to be submitted:
Canara Bank, ARM Branch, RS Puram, Coimbatore
6.
(a) Date & Time of e- auction:
Date:22.09.2015; Time:10.30 Am -11.30 Am
(With unlimited extension of 5 minutes
duration each till the conclusion of
the sale)
(b) Portal of e- auction: https://canarabank.auctiontiger.net.
8. Details of Property/ies:
Item No. I: Property in the name of Sri. R. Mathivanan
In Coimbatore Registration District, in Coimbatore Sub-Registration District, in Kurichi Village, in
Kurichi Town Panchayat, Plot No.A-15, comprising of Survey Field Nos. 166/6A Part and 166/7-A
Part, in V No.59, an extent of 38 cents and 397 sq.feet as per Layout Plan approved in L.P.H.D.T.P
Nos. 35/67 and L.P.H.D.T.P No. 86/89 – bounded
on the North by
On the South by
On the East by
On the West by
-
the Plot No. A-16
the 50 feet wide Road No.7
the Plot No. A-6
the 40 feet wide Road No.4
measuring an extent of 38 cents and 397 sq.feet of vacant site and the non-residential building
constructed thereon with doors and windows, Electricity Service Connection, the usual pathway
rights and other appurtenances thereto.
Door No.13, Private Industrial estate – Assessment No. 653
Electricity Service Connection No. 54
The above property is situated within the Kurichi Municipal Limits.
Item No. II: Property in the name of Sri. R. Vijayakumar
In Coimbatore Registration District, in Coimbatore Sub -Registration District, in Kurichi Village, in
Village No.59, in Kurichi Municipality comprising Survey Field Nos.186/6,186/6A1 Part, an extent of
15150 sq.feet or 34 cents 340 sq.feet as per Layout plan approved in L.P.H.D.T.P No.35/67 &
L.P.H.D.P No. 86/89 and revised(reapproved) in L.P/D.T.P No./ 2/71- bounded on the :
North by - the Site No. 10
South by - the Site No. 12
West by - the 30 feet Layout Road
East by - the property belongs to Kairunbee
Measuring :
East to West on the North
East to West on the South
North to South on the East
North to South on the West
-
150 feet
150 feet
101 feet
101 feet
Totaling an extent of 15150 sq.feet or 34 cents 340 sq.feet of vacant site and the Factory building
constructed thereon and the mamool right of way, pathway and all other appurtenances
thereto. The above property is situated in Private Industrial Estate
Door No. 18, Private Industrial Estate
Assessment No. 25577
Electricity Service Connection Nos.201 and 202
The above property is situated within the Kurichi Municipal Limits.
Item No. III: Property in the name of Sri. R. Vijayakumar
In Coimbatore Registration District, in Coimbatore Sub-Registration District,in Kurichi Village, in
Kurichi Town Panchayat, Site No.12, comprising of Survey Field Nos.186/6A, in Village No.59, an
extent of 36 cents 143 sq.feet as per Layout plan approved in L.P.H.D.T.P No.35/67 & L.P.H.D.P
No. 86/89-bounded and measuring
North by - the Site No. 11
South by - the 40 feet Layout Road
East by
- the Site No.9A and vacant Land
West by - the 40 feet Layout Road
Measuring :
East to West on the North
- 150 feet
East to West on the South
- 150 feet
North to South on the East
- 109 feet
North to South on the West
- 101 feet
Totalling an extent of 36 cents 143 sq.feet of vacant site No.12 and the Factory buildings
constructed thereon and the mamool right of way,pathway and all other appurtenances
thereto.
Door No.18 – Assessment No. 25522
Electricity Service Connection Nos. 201 and 202
The above property is situated within the Kurichi Municipal Limits.
Item No. IV: Property in the name of Sri. S. K. Rangaswamy
In Coimbatore Registration District, in Coimbatore Sub-Registration District,iin Coimbatore Taluk ,
in Kurichi Village, in Inam Survey No. 381, an extent of 1.54 acres of land, in this the North-West
share to an extent of 0.47 acres , out of this on the western portion, excluding the site left for
North-South Cart track, the remaining portion of to an extent of of 0.42 acres – bounded and
measuring :North of - the lands belonging to T.M.Abdul Rafi in S F No. 381
East of
- the 30 feet broad North- South cart track
South of - the Podanur Main Road
West of
-
the lands belonging to Kidar Mohammed and others in S.F.No. 381
In this middle
East -West on the North
- 135 feet
East - West on the South
- 90 feet
North - South on the East
- 150 feet
North - South on the West
- 175 feet
measuring an extent of 0.42 acres of land and the building constructed thereon(Marriage Hall)
with doors and windows, Electricity Service Connection, and the right to use the North-South and
the East-West common cart tracks and other appurtenances thereto.
Door No.144/B1-Kovai to Podanur Road
Assessment No. 21356
Electricity Connection No.291
The above property is situated in the Kurichi Municipal limits.
Item No. V: Property in the name of Sri. S. K. Rangaswamy
In Coimbatore Registration District, in Coimbatore Sub-Registration District, in Kurichi Village, in
the then Kurichi Town Panchayat, plot Nos.C-42 and C-43 comprising of Survey Field Nos.164/2
Part and 165 Part, in V.No.59, an extent of 43 cents and 29 sq. feet as per Layout plan as
approved in L.P.H.D.T.P No.35/67 & L.P.H.D.T.P No. 86/89-bounded on North by - the 100 feet
Road No.1
South by - the Plot No. C-41
East by
- the 40 feet Road No. 4
West by - the Plot Nos.C-39 and C-40
measuring an extent of 43 cents and 29 sq . Feet of vacant site and the Industrial buildings
constructed thereon with doors and windows, Electricity service Connection and its deposits, the
usual pathway rights and other appurtenances thereto.
Door No.16, Private Industrial Estate- Assessment No.656
The above property is situated within the Kurichi Municipal Limits.
Item No. I:
Rs. 2.43 Crores
Item No. II & III:
Rs. 3.70 Crores
Item No. IV:
Rs. 7.00 Crores
Item No. V:
Rs. 2.60 Crores
(Item No. II & IIII will be sold together)
8. Reserve Price:
EMD & last date of deposit of EMD:
Item No. I:
Item No. II & III:
Item No. IV:
Item No. V:
Rs. 24,30,000
Rs. 37,00,000
Rs. 70,00,000
Rs. 26,00,000
OTHER TERMS AND CONDITIONS
The sale shall be subject to the conditions prescribed in the Security
Interest
(Enforcement)
Rules,
2002
and
to
the
following
conditions
a. The property will be sold in “as is where is and as is what is"
basis including encumbrances, if any. There is no encumbrance to the
knowledge of the bank.
b. Auction / bidding shall be only through “Online Electronic
Bidding’’ through the website https://canarabank.auctiontiger.net
Bidders are advised to go through the website for detailed terms
before taking part in the e-auction sale proceedings.
c. The property can be inspected, with Prior Appointment
Authorised Officer, on 14.09.2015 between 10.00AM to 4.00PM.
with
d. The property will not be sold below the Reserve Price and the
participating bidders may improve their offer further during auction
process.
g. EMD amount of 10% of the Reserve Price is to be deposited by way of
Demand draft in favour of Authorized Officer, Canara Bank, R S Puram
Branch, Coimbatore OR shall be deposited through RTGS/NEFT/Fund
Transfer to credit of account of Canara Bank, R S Puram Branch,A/c No1207201018479 IFSC Code:CNRB0001207 on or before 19.09.2015,2.00 PM.
e. Intending bidders shall hold a valid digital signature certificate
and e-mail address. For details with regard to digital signature
please contact the service provider M/s. E-Procurement, No-3/133,
Gandhiji Road, Kurichi ,sundarapuram (post) Coimbatore-641024. Email
Id-Tamilnadu@auctiontiger.net.
Ph-+91
9655591945
/
9978591888.
Immediately on the same date of payment of the EMD amount the bidders
shall approach the said service provider for obtaining digital
signature(If not holding a valid digital signature)
h. After payment of the EMD amount, the intending bidders should
submit a copy of the following documents/details on or before
19.09.2015 2.00 PM, to Canara Bank, Coimbatore ARM Branch, RS Puram,
Coimbatore, by hand.
(1) Demand Draft/Pay order towards EMD amount. If paid through
RTGS/NEFT, acknowledgement receipt thereof with UTR No.
(2) Photocopies of PAN Card, ID Proof and Address proof.
However, successful bidder would have to produce these documents
in original to the Bank at the time of making payment of balance
amount of 25% of bid amount.
(3) Bidders Name. Contact No. Address, E Mail Id.
(4) Bidder’s A/c details for online refund of EMD.
f. The intending bidders should register their names at portal
https://canarabank.auctiontiger.net. and get their User ID and
password free of cost. Prospective bidder may avail online training on
E- auction from the service provider M/s. E-Procurement, No-3/133,
Gandhiji Road, Kurichi ,sundarapuram (post) Coimbatore-641024. Email
Id-Tamilnadu@auctiontiger.net. Ph-+91 9655591945 / 9978591888.
i. EMD deposited by the unsuccessful bidder shall be refunded to them
within 2 days of finalization of sale. The EMD shall not carry any
interest.
j. Auction would commence at Reserve Price, as mentioned above.
Bidders shall improve their offers in multiplies of Rs. 10,000. The
bidder who submits the highest bid (not below the Reserve price) on
closure of 'Online' auction shall be declared as successful bidder.
Sale shall be confirmed in favour of the successful bidder, subject to
confirmation of the same by the secured creditor.
k. The successful bidder shall deposit 25% of the sale price
(inclusive of EMD already paid), immediately on declaring him/her as
the successful bidder and the balance within 15 days from the date of
confirmation of sale by the secured creditor. If the successful bidder
fails to pay the sale price within the period stated above, the
deposit made by him shall be forfeited by the Authorised Officer
without any notice and property shall forthwith be put up for sale
again.
l. All charges for conveyance, stamp duty and registration charges
etc., as applicable shall be borne by the successful bidder only.
m. Authorised Officer reserves the right to postpone/cancel or vary
the terms and conditions of the e-auction without assigning any reason
thereof.
n. In case there are bidders who do not have access to the
internet but interested in participating the e-auction, they can
approach concerned Circle office or Coimbatore ARM Branch who as a
facilitating centre shall make necessary arrangements.
o. For further details contact Manager, Canara Bank, Coimbatore ARM
Branch (Ph. No. 0422 2549459, 2555655) e-mail id-cb4712@canarabank.com
OR the service provider M/s. E-Procurement, No-3/133, Gandhiji Road,
Kurichi
,sundarapuram
(post)
Coimbatore-641024.
Email
IdTamilnadu@auctiontiger.net. Ph-+91 9655591945 / 9978591888.
Special Instruction/Caution
Bidding in the last minutes/seconds should be avoided by the
bidders in their own interest. Neither Canara Bank nor the
Service Provider will be responsible for any lapses/failure
(Internet failure, Power failure, etc.) on the part of the
bidder or vendor in such cases. In order to ward off such
contingent situation, bidders are requested to make all the
necessary arrangements/alternatives such as back –up, power
supply and whatever else required so that they are able to
circumvent such situation and are able to participate in the
auction successfully.
Place: Coimbatore
Date: 06.08.2015
AUTHORISED OFFICER
CANARA BANK