office of the recovery officer

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GOVERNMENT OF INDIA, MINISTRY OF FINANCE
IN THE DEBTS RECOVERY TRIBUNAL,
OFFICE OF THE RECOVERY OFFICER
Cauvery complex , 1670, Trichy Road, Ramanathapuram,
COIMBATORE – 641 045
RP No. 104/09 IN DRC No.46/09
TENDER SALE NOTICE
The sealed tender on “as is where is and whatever there is basis” are invited from the public for purchase of
immovable/movable properties up to 4 PM ( as per DRT Registry’s Clock) on 09.03.2010 at the Office of the
Recovery Officer, Debts Recovery Tribunal, Coimbatore-45.
Tender Document Cost
Tender Document sale
Last date & time for
Date and time of opening
period
submission of Tender
02.02.2010 to
09.03.2010
10.03.2010
Rs.1000/08.03.2010
up to 4 pm.
At 11.30 AM at O/o.
up to 4 pm.
Recovery Officer,
DRT,Coimbatore
DESCRIPTION OF PROPERTY
In Tirupur Registration District, Pollachi Sub Registration District, Pollachi Taluk, Pollachi Town, in
Town Survey Ward 3, T.S.No.514/2, an extent of 1.23 Acres of land; In this an extent of 11,792 Sq.Ft. of
land on the western side situate within the following boundaries:
North of 450 Sq.Ft.of land in T.S.No.513/1 and Petrol Bunk land in T.S.No.514/2;
East of Third Party’s lands in T.S.No.514/1, Ravindran’s property in T.S.No.514/1 and Odai in T.S.No.518;
South of Odai in T.S.Nos.517/1, 517/2;
West of Property of C.K.Viswanathan & others in T.S.No.514/2
And having the following measurements:
85 Feet East-West on the North; 82 Feet East –West on the South;
From there, 60 Feet North-South on the South-East; 114 Feet North-South on the East;
84 Feet North-South on the West and from there, 83 feet North-South on the South;
41 ½ Feet East-West on the South and measuring 11792 Sq.Ft.of land.
Further, in Tirupur Registration District, Pollachi Sub Registration District, Pollachi Taluk, Pollachi
Town, in Town Survey Ward 3, in Meenkarai Street, T.S.No.514/1, an extent of 32234 Sq.Ft. of land; In
this an extent of 720 Sq.Ft. of land on the Eastern side situate within the following boundaries:
North of the above property in T.S.No.514/2 and property of third parties in T.S.No.514/1;
East of property of third parties in T.S.No.514/1;
South of odai;
West of above property.
Within the above boundaries, the property in a triangular shape having the following measurements:
29 Feet East-West on the North; 64 Feet North-South on the East;
50 Feet North-South on the West; ad-measuring 720 Sq.Ft.of land
Thus, a total extent of 12512 Sq.Ft.of land.
UPSET PRICE – Rs. 30,00,000/ (Rupees Thirty Lacs Only)
Terms and Conditions of sale
1. Tender document can be had from the Office of the Recovery Officer, Debts Recovery Tribunal, Coimbatore
on any working day during 10.00 am to 4.00 pm on payment of Tender document cost of Rs.1000/(Rupees one thousand only) (non-refundable, non-transferable) by way of demand draft in favour of
Registrar, DRT, Coimbatore.
2. The prospective tenderer/s are requested to submit the quotations in sealed cover superscripting RP
No104/09 as well as Lot No._____ if any, in the cover with a DD of EMD (EMD-10% of the upset price)
drawn in favour of Recovery Officer, Debts Recovery Tribunal, Coimbatore in RP No. 104/09, for
Rs.300000/, on or before 4 pm on 09.03.2010. The intending tenderer/s who submitted the tender alone are
entitled to attend the sale on 10.03.2010 at 11.30 AM at Office of the Recovery Officer, Debts Recovery
Tribunal, Coimbatore. The Tender quoted below the upset price and DD as not drawn above will be
rejected summarily.
3. The first 3 highest offerer/tenderer/s will be asked to bid in the auction and the highest among them
will be declared as the successful purchaser.
4. Copy of PANCARD must be enclosed with tender and original must be produced at the time of auction.
5. The successful bidder should pay 25% of the bid amount immediately on the sale being knocked down in
his favour and balance money with in 15 days.
6. The successful bidder should bear the charge/fee payable for conveyance such as registration charges,
stamp duty etc as applicable as per law in addition to poundage fee of 2% up to Rs.1000/- and 1% above
Rs.1000/-.
7. The Sale is subject to confirmation. The Recovery Officer reserves the right to accept, alter or reject the bid
without assigning any reason thereof. Property is sold on “as is where is/ on what it is/no complaint”
basis condition.
8. The property can be inspected on any working day at least two days prior to sale date.
For copy of the sale proclamation order containing other terms and conditions, the undersigned or
the Branch Manager, The South Indian Bank Limited, MKG Complex, New Scheme Road, Pollachi—642
001, Phone Nos. 04259 -224 587 or 94438 99767, may be contacted.
Dated this the 1st Day of February 2010
(A.PONDURAI )
Recovery Officer
Contact Persons;
1.Sri.V.C.Jayakrishnan, Branch Manager – 94438 99767
2. Sri.Biby Augustine, Sr.Manager (Legal) -94864 37345
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