E-Auction Sale Notice Under SARFAESI ACT, 2002, CUM NOTICE ... · E-Auction Sale Notice Under SARFAESI ACT, 2002, CUM NOTICE TO BORROWERS / GUARANTORS ... the undersigned in exercise

Branch Office: Madurai North veli street,16&17 AR Plaza complex, Madurai-1

E-Auction Sale Notice Under SARFAESI ACT, 2002, CUM NOTICE TO BORROWERS / GUARANTORS

Sale of immovable property/ies mortgaged to Bank under Securtisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (No. of 54 of 2002). The undersigned as Authorized Officer of Oriental Bank of Commerce has taken over possession of the followings properties pursuant to the notice issued u/s 13(2) of the Securitization and Reconstruction of the Financial Assets and Enforcement of Security Interest Act 2002, in the following loan accounts with our branches with a right to sell the same on "AS IS WHERE IS AND AS IS WHAT IS" basis under rules 8 & 9 of the said act, through Public auction, for realization of Bank's dues plus interest as detailed hereunder and where as consequent upon failure to repay the dues, the undersigned in exercise of power conferred under Section 13(4) of the said Ac proposes to realize the Bank’s dues by sale of the said property/ies. The sale will be done by the undersigned through e-auction platform provided at the Web Portal: https://bankauctions.in S. NO.

Name of the Branch & Account Details of property & Name of

the owner of the property

Outstanding

Amount

Demand Notice Date

EMD

SUBMISSION

ACCOUNT

DETAILS

Reserve Price Date of

Inspectio

n

Date/ Time

of e-

Auction EMD

Bid Increase

Amt

1. Branch-Madurai Northveli street Account Number:

10895015001329

G.MUTHURAMAN

NO 114 WEST THOTTAM

KAPPALUR,

TIRUMANGALAM

MADURAI 635705

It is a property comprised of

Residential building G.F.-

1360.00sq. ft., in the plot size of

10,682.00 sq.ft., (or) 24.50

cents.

Address of the property:-

D.No.114/3,

R.S.NO.111/1A2,1A4,2A2,& 2A5,

West Thottam Kappalur Village

& Panchayat, Thirumangalam

Union & Taluk, Madurai Dt.-

625708.

Bounded by: 1st Bit North: Paramasivam Property East: Paramasivam Property South: Common Pathway West: Common Pathyway

2st Bit

Bounded by:

Rs. 49,52,301 as on 31.03.2016 And Interest and other charges from 01.04.2016

20.04.2016 Oriental Bank of Commerce Account No. 10891171000022

IFSC Code No ORBC0101089

Rs: 34,00,000.00/-

17-06-2017 Between. 11:00 am to 4:00pm

21-06-2017 between 12:00pm to to 1:00pm. .

EMD Rs. 3,40,000 Bid Increase Amount Rs.20,000 /-

https://bankauctions.in/

North: Paramasivam Property East: Owener’s Property South: Common Pathway West: Owener’s Property

3rd Bit

Bounded by: North: Paramasivam Property East: Pramasivam Property South: Common Pathway West: Owener’s Property

4th Bit

Bounded by: North: 2nd Bit Property East: Pramasivam Property South: Owener’s Property West: Owener’s Property Dimension of the site

R.S No. Dimension/cent

111/1A4 11.00 111/1A2 5.00 111/2A5 2.50 111/2A2 6.00 Total 24.50 cents.

(or) 10,682.00 sq.ft.,

2. Branch-Madurai Northveli street Account Number: 10897015001913 M/S :- SKV TRADING AGENCIES

11-2-130/3 KALLIKUDI MAIN

ROAD,OPPOSITE TO

AMALA HIGHER SEC SCHOOL,

KARIAPATTI-626106

A Commercial Complex Building

with Plinth Area of 1200 sqft. On

Ground Floor, 1200 Sqft on First

Floor, 1200 Sqft on Second Floor

and 225 Sqft on Third Floor,

situated at D NO-130/3 TO 130/9

R.S. 222/52,53,54 A3 Kallikudi

tiruhuli main road Opposite to

Amala Higher Sec School,Kariapatti

Town Viruthunagar district

Property standing in the name of

Rs. 48,45,954.00 plus interest thereon from 30.06.2014 with costs and other charges

01.07.2014 Oriental Bank of Commerce Account No. 10891171000022


Rs. 51,52,700/-

17-06-2017 Between. 11:00 am to 4:00pm


EMD Rs. 5,20,000 Bid Increase Amount Rs.20,000 /-

S.KARIKALAN

Boundaries

North- leela Pushpam Teacher

propertykallikudi thiruchuli

Road

South- Property belonging to Mr

Alagarsami

East –Property belonging to Mr.

K Kumar

West- (Dhanasekar House)

3. Branch-Madurai Northveli street Account Number: 10896011001672 S. KARIHALAN,

8/1B,MARUTHUPANDI NAGAR,

VAIYAMPATTI MAIN ROAD,

KARIYAPATTI-626 106.

K. VINEETH,

8/1B,MARUTHUPANDI

NAGAR,


KARIYAPATTI-626 106.

K. ARASI,

8/1B,MARUTHUPANDI NAGAR,


KARIYAPATTI-626 106

A Commercial Complex Building

under Construction, with Plinth

Area of 2646 sqft. On Ground Floor

under construction & 400 Sqft on

Ground Floor, with Galvanium

Sheet Roof situated at R.S No

46/1B1, “Sri Meenakshi Sundaram

Nagar” Kallikudi-Kariapatti Main

Road, Sundarankundu Village ,

Kariapatti taluk, Virudhunagar

District. Property in the Name of

Mr. S. Karikalan.

Boundaries

North-Kallikudi-Kariapatti Road

South- Plot No. 7A

East- 20’0” Wide Road

West-12’0” Wide Road

Rs.28,05,142.00 plus interest thereon from 30.06.2014 with costs and other charges

08.07.2014

Oriental Bank of Commerce Account No. 10891171000022


Rs. 26,25,700.00

EMD Rs.2,70,000/-

Bid Increase Amount Rs.20000/-

17-06-2017 Between. 11:00 am to 4:00pm


4. Branch-Madurai Northveli

Property No.1 LAND & BUILDING SITUATED AT DOOR NO-244(

`25,81,848.62 as

06.04.2014

Oriental Bank of Commerce

Rs. 49,47,775.00

17-06-2017 Between.

21-06-2017 between

street Account Number: - 10895015001843 M/S –S. JAYARAJAN & SONS

11/A-2 MANJANAKARA

STREET,

MADURAI-625001

NEW), 24C(OLD), TS NO 14/1 NEM MAHALIPATTI ROAD, NALLAMUTHUPILLAI ROAD, MADURAI-625001,TOTAL EXTENT OF THE LAND IS 1231SQQFT.. Standing in the name of J.Balasubramanian Details of the property Total 1231 sqft.(NS 44’9”*EW 27’6”) Ground floor-RoofHt-10’0” 930

Sqft.

First Floor- Roof Ht-10’0” 960 Sqft.

Second floor-10’0”-440 sqft

Boundaries

North- common wall & house in

T.S. NO, 14/1(P)

South- Common Lane connected to

New Mahalipatti Road,

East- House Belonging to Mrs.

Meenakshi Ammal in T.S, No14/1

West- House belonging to Mrs

Gnanasoundari in T.S. NO. 14/1.

on31.03.2015 And Interest and other charges from 01.04.2015

Account No. 10891171000022


EMD Rs. 5,00,000

3:00pmto 4:00pm

2:00pm to 3:00pm.

Bid Increase Amount Rs.20,000 /-

5. Branch-Madurai Northveli street Account Number: 10897015001776 M/S SHANMUGA ELECTRICALS,

117 RAILWAY FEEDER ROAD,

Property No.1 LAND&BUILDING hoving total

extent of plinth –G.F -759 sqft &

FF-759 sqft (R.C.C Roof)

AT PLOT NO-11, R S NO 198/1

PART CHATRAPATTY VILLAGE

SATTUR TALUK VIRUDHUNAGAR

PROPERTY STANDING IN THE

NAME OF C DHAMOTHARAN

Boundaries

North: Mr.Sahaji Land in Plot No:

10

`.18,11,878 as on 30.08.2014 And Interest and other charges from 01.09.2014

30.06.14



Rs. 39,88,670

EMD Rs. 4,00,000


17-06-2017 Between. 3:00pmto 4:00pm

21-06-2017 between 2:00pm to 3:00pm.

SATTUR-626 203

South: Maheswari Lands in Plot

No: 12.East : 15’0” wide

Road.West: Building belonging

to Mr.Dhamodharan

Property No.2 LAND & BUILDING hoving total

extent of plinth –G.F -707 sqft &

FF-707 sqft S.F-350 sqft (R.C.C

Roof)AT Plot No: 7 S NO 361/2

SATTUR TO KOVILPATTI NH

ROAD, Sadayampatti Panchayat,

ATTUR Village VIRUDHUNAGAR

Dist . STANDING IN THE NAME OF

C DHAMOTHARAN

Boundaries:

North: Kollapatti Kalvai

South:20’0” Wide Road

East: Kollapatti Kalvai

West : Lands belongs to

Mr.Selvam in Plot No: 6


10897015001765

Shri S.C.DAMODHARANM/S

SRI SHANMUGA HOMES O-

2/7/18 SATTUR-KOVILPATTI

NATIONAL HIGHWAYS

ROADKAMARAJ NAGAR

SADAYAMPATTI-626203

SATTUR TK

LAND& COMMERCIAL BUILDING

having total extent of plinth –

Building 1. G.F -2300& FF-

1930sqft, Building 2. G.F -2100 sqft

& F.F-1200sqft, Building 3. G.F -

1100& F.F-1000sqft,S.F-Buliding1-

1400sqft

& TF –Building 1-250 Sqft ,(R.C.C

Roof)SITUATED AT

RS NO.198/1, DOOR NO. 2/178, “

SRI SHANMUGA HOME “. SATHUR

TO KOVILPATTI

NH

ROAD,SATTUR,VIRUTHUNAGAR

DT, PROPERTY STANDING IN

THE NAME OF C.DAMODHARAN

Boundaries

`48,52,959.00 as on 30.06.2014 And Interest and other charges from 01.05.2014 -

01.07.2014



Rs. 1,09,41,350.00

EMD Rs.4,00,000/-


17-06-2017 Between. 3:00pmto 4:00pm

21-06-2017 between 2:00pm to 3:00pm.

North-Mr, Pitchai Property

South-Mr Arunachala Nathar

vagaiyara Property

East- Mr. Pitchai Property

West- NH Road-07


10894015002772

M SUBBURAMAN

No-138, Kattabomman Nagar,

Sellur

Madurai-625002

Property No.1 IMMOVABLE-Land and residential property located at Door No-1C(O), 1/2(N), S.W.No-10, C.W.No-6(Old), 41(N) T.S.No-1721/3A, Pattukottai Kalyanasundaram Street, Sultan Nagar Extn, West Street, Maruthu Pandian Nagar, Narimedu, B.B.Kulam Village, Madurai, standing in the name of Sh.S.Murugesan Details.

Total 1254 Sqft-G.f-661sq.ft

Foundation-RRM Foundation

Basement- 2’0” above road level

Super structure-9” Brick wall in

C.M 1:5

Roof-4.5” t.k RCC roof slab ht. of

10’0”

Joineries-Doors & windows-

country wood && painted

Plastering- Cement plastered and

Colour washed and etc.

Bounded by:

North:House of Mrs.Jothi Rukmani South:East West Common Road East:House of Mr.Ramar West:House of T.S.No-1719/1

` 34,10,633.00 as on 30.09.2016 And Interest and other charges from 01.10.2016

06.01.16



Rs. 27,20,000.00 ------------------ EMD Rs. 2,70,000.00


17-06-2017 Between. 3:00pmto 4:00pm

21-06-2017 between 2:00pm to 3:00pm.

8 Branch-Madurai Northveli street Account Number:

10894011000275

M/S _ True value promoters, Smt.V.Tamilselvi Proprietor No-15, Corporation Colony,Dr.

Thangaraj Salai, KK

Nagar,Madurai-25020.

Property No.1 IMMOVABLE

PROPERTY-Land and Residential

Building located at Door No-15,

T.S.No.499/2, S.Ward No-10,

Corporation Ward No-11,

Karumbalai Corporation Colony,

K.K.Nagar, North Taluk, Madurai-

20 standing in the name of

Smt.V.Tamilselvi,Valuvar Mr

Prabhakar ounded by:North:

Sewage Channel and TankWest:

Door No-16 belonging to

sethuraman

East: Corporation’s worker’s colony South: Door No.14 belonging to K.Rajendran & 13 feet wide common pathway

`96,33,637.07- as on 30.09.2016 Interest and other charges from 01.10.2016

2.01.16



Rs. 72,00,000.00

EMD Rs.7,00,000/-


17-06-2017 Between. 3:00pmto 4:00pm

21-06-2017 between 2:00pm to 3:00pm.


10897015002463

M/S SHANMUGA ELECTRICALS,

MR S C DHAMOTHARAN, 117

RAILWAY FEEDER ROAD,

SATTUR-626203

COMMERCIAL LAND AND BUILDING

having total extent of plinth –G.F -

305 sqft & FF-305 sqft,S.F-305 sqft

(R.C.C Roof)DOOR NO-99 (OLD)

,117(NEW) WARD NO -5, FEEDER

ROAD IRUKKANKUDI ROAD,

SATHUR ALUK,VIRUDHUNAGAR

DT.

BOUNDARIES

NORTH- MR GURUSAMY ANNAVI

VAGAYARA’S PROPERTY AND

COMMON WALL

SOUTH- MR APPAVU ANNAVI’S

PROPERTY

EAST- MR GURUSAMY ANNAVI

VAGAYARA’S PROPERTY AND

COMMON WALL

WEST- RAILWAY FEEDER ROAD

` 26,47,849.00 as on 30.08.2014 And Interestand other charges from 01.09.2014

21.07.2014



Rs. 16,05,100

EMD Rs.1,60,000/-


17-06-2017 Between. 3:00pmto 4:00pm

21-06-2017 between 2:00pm to 3:00pm. .

10 Branch-Madurai Northveli street Account Number:

10894011000381

M/S - True value promoters

Pvt Ltd,

No-15, Corporation Colony,Dr.

Thangaraj Salai, KK

Nagar,Madurai-625020.

Property No.1 IMMOVABLE-Property No-Item No-1-Vacant Land located at R.S.No-168/8, Patta No-1206, Aruppukottai Road, Valayankulam Village, Madurai South Taluk, Madurai Dist, admeasuring East -West 39’ North-South 173’ totally measuring 6747 Sq.ft equal to about 15.50 cents, standing in the name of R.Velmurugan. Boundaries- North- R.S No. 168/8-property South- R.S No. 168/8-property East- Velmurugan (item no.2) Property West- A.R Property Item No-2-Vacant Land located at

R.S.No-168/8F, Aruppukottai Road,

Valayankulam Village, Madurai

South Taluk, Madurai Dist,

admeasuring 18.50 cents as per

present measuring 17.75 cents or

7744 Sq.ft of vacant site 2nd

Thakku from north of 0.29.0Hect

standing in the name of

R.Velmurugan Boundaries-

North- Chellan Property

South- Chellan Property East- Aruppukkottai Main Road West- Mokkai ( Owner’s item No.1) Property Item No-3- Vacant Land located at R.S.No-343/2, Patta No-917, UDR Sy.No.346/2, Sathangudi Village I Bit, Thirumangalam Taluk, Madurai District, Thirumangalam Sub-D, Madurai South RD admeasuring 3.54acres standing in the name of R.Velmurugan Boundaries- North- hamsa thevar property

`1,37,93,947.14 as on30.09.2016And Interest and other charges from 01.10.2016

02.01.2016



Rs. 31,25,000.00

EMD Rs.3,10,000/-


17-06-2017 Between. 3:00pmto 4:00pm

21-06-2017 between 2:00pm to 3:00pm.

South-V Veerarajan Property East- V Veerarajan Property West- V Veerarajan Property Item-4-Vacant Land located at Old

Sy No-335/1, UDR Sy No-338/1,

Sathangudi Village I Bit,

Thirumangalam Taluk, Madurai

District, Thirumangalam Sub-D,

Madurai South RD, admeasuring

Eastern 75 cents on the North of

4.40 Acre standing in the name of

R.Velmurugan

Boundaries- North- Michael-Property South-Muthupetchi vagaiyarah Property East- Teacher Jeyaraj Property West- S Poosari Irulandi Property

Bid Increase Amount Rs. 20,000/-

Terms & Conditions of Online Tender/Auction 1. The auction sale will be "online e-auction" bidding through website https://www.bankauctions.in On 21.06.2017 between 12.00 Noon To 1.00 PM with unlimited

Extensions of 5 minutes each 2. Bidders are advised to go through the website https://www.bankauctions.in (E-auction Agency website and Bank’s website address) for detailed terms and conditions of

auction sale before submitting their bids and taking part in e-auction sale proceeding. 3. The EMD shall be payable through NEFT/RTGS on account mentioned in publication 4. The interested bidder has to submit their Bid Documents [EMD (not below the Reserve Price) and required documents as per below, on/ before 15.06.2017 upto 4.00 PM and

after going through the Registering Process (One time) and generating User ID & Password of their own, shall be eligible for participating the e-Auction Process, subject to due verification (of the documents) and/ or approval of the Authorised Officer. The intending purchaser/bidder is required to get the copies of the following documents uploaded in the Web Portal before last date of submission of the bid(s) viz.

i) Copy of the NEFT/RTGS Challan; ii) Copy of PAN Card; iii) Proof of Identification (KYC) viz. self-attested copy of Voter ID Card/ Driving License/ Passport etc. iv) Copy of proof of address; without which the bid is liable to be rejected..

5. Last Date for the submission of online bids 19.06.2017 by 17.00 hrs 6. Prospective bidders may avail online training on e-auction from contact M/S Bank Auctions.in(A unit of M/s Fore Closure) Ph no:8142000066,8142000062,8142000067

Mob No:09515160061 Mr.Subbarao or through e mail Id:[email protected] afte payment of EMD and submission of bid application and for property related queries contact Branch Manager, Oriental Bank of Commerce, North Veli Street,Madurai-625001; , Telephone: 0452-2348183,2348184, 7823979729 Mail: [email protected] during the office hours on any working day.

7. A copy of the Bid form along with the enclosure submitted online (also mentioning UTR Number) shall be handed over to the soft copies of the same by E-mail to: [email protected]., For any further clarifications, the intending bidders may contact the Branch Manager at the above address, Oriental Bank of Commerce, North Veli Street,Madurai – 625001; Telephone: 0452-2348183,2348184, 7823979729

8. The bid price to be submitted shall be above the Reserve Price and Bidders shall improve their further offers in multiple of Rs 20,000/-. (as shown against the property

above). Please note that first bid price that comes system during the online forward auction can be equal to Reserve price or higher than the Reserve price by one increment or higher than the Reserve price by multiples of increment. While Auction the subsequent bid to outbid the H1 rate will have to be higher than H1 rate by one increment value or in multiples of increment value.

9. During the Online Inter-se Bidding, Bidder can improve their Bid Amount as per the ‘Bid Increase Amount’ (mentioned above) or its multiple and in case bid is placed during the last 5 minutes of the closing time of the e-Auction, the closing time will automatically get extended for 5 minutes (each time till the closure of e-Auction process), otherwise, it’ll automatically get closed. The bidder who submits the highest bid amount (not below the Reserve Price) on the closure of the e-Auction Process shall be declared as a Successful Bidder by the Authorised Officer / Secured Creditor, after required verification.

10. The Earnest Money Deposit (EMD) of the successful bidder shall be retained towards part sale consideration and the EMD of unsuccessful bidders shall be refunded. The Earnest Money Deposit shall not bear any interest. The successful bidder shall have to deposit 25% of the sale price, adjusting the EMD already paid, within 24 hours of the acceptance of bid price by the Authorised Officer and the balance 75% of the sale price on or before 15th day of sale or within such extended period as agreed upon in writing by and solely at the discretion of the Authorised Officer. In case of default in payment by the successful bidder, the amount already deposited by the offer shall be liable to be forfeited and property shall be put to re-auction and the defaulting borrower shall have no claim/ right in respect of property/ amount.

11. Neither the Authorised Officer/ Bank nor M/S Bankauctions(A unit of M/s 4closure). shall be liable for any Internet Network problem and the interested bidders to ensure that they are technically well equipped for participating in the e-Auction event.

12. The purchaser shall bear the applicable stamp duties/ additional stamp duty/ transfer charges, fee etc. and also all the statutory/ non-statutory dues, taxes, rates, assessment charges, fees etc. owing to anybody.

mailto:[email protected]

13. The Authorised Officer is not bound to accept the highest offer and the Authorised Officer has the absolute right to accept or reject any or all offer(s) or adjourn/ postpone/ cancel the e-Auction without assigning any reason thereof.

14. Special Instructions

1.Bidding in the last moment should be avoided in the bidders own interest as neither the ORIENTAL BANK OF COMMERCE nor Service provider will be responsible for any lapse/failure(Internet failure/power failure etc.). in order to ward-off such contingent situations bidders are requested to make all necessary arrangements / alternatives such as power supply back-up etc, so that they are able to circumvent such situation and are able to participate in the auction successfully.

1. The borrower/ guarantors are hereby notified to pay the sum as mentioned above along with upto date interest and ancillary expenses before the date of e-Auction, failing

which the property will be auctioned/ sold and balance dues, if any, will be recovered with interest and cost.

2. For further details, contact the Branch Manager, Oriental Bank Of Commerce, North Veli Street, Madurai branch at Mob: 07823979729 , email- [email protected]

3. The Notice is also to the Borrower(s) Guarantor(s) in particular and the public in general. 4. Considering the Bank’s right to go for the Private Treaty, Bank reserve the right to sell the property through Private Treaty, in the event of failure of the e-auction

Place: MADURAI Authorized Officer Date : 03.06.2017 Oriental Bank of Commerce