Circle Office
BAGROY MARKET,MAIN ROAD,RANCHI-834001
PHONE NO -0651-2330412,MOBILE NO-0651-6451146 E mail: coransamd@pnb.co.in
E-AUCTION SALE NOTICE TO GENERAL PUBLIC under Rule 8&9 of the Security interest ( Enforcement ) Rules
2002
Whereas under section 13(2) of the ‘Securitisation and Reconstruction of Financial Assets and Enforcement of Security
Interest Act 2002, the Authorized Officer has issued demand notice dated 17.02.2012 for the recovery of sum of
Rs.2126721.00( RsTwenty One Lac Twenty Six Thousand Seven hundred twenty one only.) plus future interest, cost &
other charges as applicable w.e.f 30.06.2011 from the borrowers/gurantors/mortgagors (herein referred to as borrowers).
Further, In exercise of powers contained in the ‘Securitisation and Reconstruction of Financial Assets and Enforcement of
Security Interest Act 2002, the Authorized Officer has taken the possession of the under mentioned secured assets on
30.01.2015 which are held as securities in respect of Loan/credit facilities granted to M/s Balajee Enterprises. Whereas sale
of the secured asset/s is to be made through Public E-auction for recovery of the secured debt due to Punjab National
Bank amounting to Rs2128949.00( Rs.Twenty one lac twenty eight thousand nine hundred forty nine.),as on the 30.06.2015
plus future interest, costs and charges incurred by the bank thereon w.e.f 30.06.2011.
The General Public is invited to bid either personally or by duly authorised agent.
SCHEDULE OF THE SECURED ASSETS
(Rs. in lacs)
SL.
no
Name
of
Description of properties along with name of
mortgagors (Owner of the property)
Reserve Price
Earnest Money
Deposit (EMD)
Amount
and
Last date of
deposit of EMD
Date and Time
of Inspection
UNDER SYMBOLIC POSSESSION TAKEN
Rs.3.70 lacs
Rs0.37lacs
/21.09.2015.
14.09.2015 in 28.09.2015
10.30AM to
between
12.00PM to 4 1 PM
PM in
consultation
with
Incumbent
Mango Sh.
Prabhash
Chandra,
Sr.Manager.M
ob No9771465496
Borrow
er
1
M/S
Balaje
e
Enterpr
ises.
B/OMango
,Jamsh
edpur4191
Sale deed no.478 dt.29.01.2010 shop no-1
Area :100 sq. feet Ground Floor, Mauza:
Haldbani. Plot no.84 & 85 Khata No.713, ps:
1165 Distt. East Singhbhum
In The Name of-B.Surya Rao S/o B.Satya
Narayan Rao.
Date and
Time of
Auction
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:
i.
ii.
iii.
iv.
v.
vi.
vii.
viii.
ix.
x.
xi.
xii.
xiii.
xiv.
xv.
xvi.
xvii.
xviii.
xix.
xx.
The properties are being sold on ‘AS IS WHERE IS BASIS.
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.
The secured asset will not be sold below the reserve price.
The auction sale will be “online through e-auction” portal http://pnbindia.biz
The bidders are also advised to go through the portal http://pnbindia.biz 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 Sh. Santanu Sen Chief Manager,
Circle Office , Ranchi the Authorised Officer ( Mobile No. 7781010708).
The interested bidders shall deposit the EMD by way of Demand Draft favouring “The Authorised Officer, Punjab National
Bank” CIRCLE OFFICE,RANCHI or through NEFT/RTGS by 31.08.2015 to the following Account – PUNJAB NATIONAL
BANK, Account No 4191003171160 (IFSC Code PUNB0419100”The draft should not be of a Cooperative-Bank.
Thereafter, on deposit of EMD, the bidders shall submit- 1.Proof of deposit of EMD (When remitted through NEFT/RTGS) or
Demand Draft in original (* Where payment by way of draft is stipulated for) 2. ID Proof, that is- Scanned copies of PAN
card etc. 3. Proof of residential address 4. (a)Bidder’s Name (b) Mobile No./Contact No.(c) Address (d) E-Mail
Address(5)Bidder’s A/C details for on line refund of EMD, if any. 5. The bidders other than individuals shall also submit
proper mandate for e-bidding. Bidder is to submit these documents through e-mail to the Authorised Officer/Nodal Officer at email address coransamd@pnb.co.in and bo4191@pnb.co.in and also to submit self attested hard copies of these documents
(Demand Draft in original)to the Authorised Officer, at the Branch address mentioned hereinabove in the envelope super
scribing as ‘Bid in the A/C M/s Balajee Enterprises.
The interested bidders are required to obtain login ID and Password well in advance, which is mandatory for e-bidding, from
Sh.Santanu Sen ( Mobile No 7781010708), Circle Office PNB, Main Road Bagroy Market Ranchi The login ID and
Password would be sent through e-mail address as provided by the Bidder. In case bidder has not received the same,
he should contact the aforesaid official.
Only those bidders holding valid user ID & Password and confirmed payment of EMD through NEFT/RTGS/*Demand
Draft (* Where payment by way of draft is stipulated for) shall be eligible to participate in the on line e-auction.
The Authorised Officer reserves the right to accept any or reject all bids, if not found acceptable or to postpone/cancel
/adjourn/discontinue or vary the terms of the auction at any time without assigning any reason whatsoever and his decision in
this regard shall be final.
The bidders shall improve their offer in multiple of Rs0.50 Lacs ( Rs Fifty Thousand. ) . In case bid is placed in the last five
minutes of the closing time of the auction, the closing time will automatically get extended for five minutes.
Auction would commence at the reserve price and bidders shall improve their offer as stated hereinabove. On closure of ‘on line
auction’, the highest bidder shall be declared as successful bidder and such sale shall be subject to confirmation by the Secured
Creditor.
The successful bidder shall have to deposit 25% of the bid/sale amount immediately to the account mentioned at Sl. No. vi above
or by Demand Draft and the earnest money shall be adjusted towards 25% of the bid/sale amount. In case of default in payment
of the remaining 25% of the bid amount within the prescribed period, the amount deposited will be forfeited and the secured
asset will be resold.
The successful bidder shall be required to deposit the balance 75% of the bid amount within 15 days from the date of
confirmation of sale. In case of default in payment of the remaining 75% of the bid amount within the prescribed period, the
amount deposited will be forfeited and the defaulting purchaser shall forfeit all claims to the property or to any part of the sum for
which it may be subsequently sold.
If the dues of the bank together with all costs, charges and expenses incurred by them or part thereof as may be acceptable to
the bank are tendered by/on behalf of the borrowers or guarantor/s, at any time on or before the date fixed for sale, the sale of
asset may be cancelled.
All statutory dues/attendant charges/other dues including registration charges, stamp duty, taxes etc. shall have to be borne by
the purchaser.
The sale certificate shall be issued in the same name in which the Bid is submitted.
The bidders who do not have access to the internet but interested in participating in the e-auction, they can contact the Sh.
Santanu Sen ( Mobile No. 7781010708), Circle Office Ranchi.
Any other encumbrances known to the Bank –is not known. The Authorized Officer or the Bank shall not be responsible for any
charge, lien, encumbrances, or any other dues to the Government or anyone else in respect of properties E-Auctioned)The
Intending Bidder is advised to make their own independent inquiries regarding the encumbrances on the property including
statutory liabilities, arrears of property tax, electricity dues etc.
The bidder should ensure proper internet connectivity, power back-up etc. The Bank shall not be liable for any disruption due to
internet failure, power failure or technical reasons or reasons/contingencies affecting the e-auctions.
Date: 25.08.2015
Place: Ranchi
Authorized Officer, Punjab National Bank