B.O. BHEL, Sector 4 Ranipur, Haridwar Ph. 01334-231271 Email: [email protected] E- AUCTION SALE NOTICE (MOVABLE/IMMOVABLE PROPERTY/IES Punjab National Bank being secured creditor under SARFAESI Act, 2002 invites offer by electronic mode through https://www.eauctions.in from the general public for sale of under mentioned secured assets on “AS IS WHERE IS BASIS”, which are held as Security interest in respect of secured debt due from M/s Lakhani Vardaan Auto Pvt.Ltd (hereinafter referred as borrower) under the provision of SARFAESI ACT, 2002. Detail of secured assets, reserve price, last date of submission of bid and outstanding amount etc are as under: Reserve Price Amt Due as per Description of Movable/Immovable property/ies Date & Time of e-aution demand notice Rs. 50.00 Lacs 28.01.2015 at for plant & machinery M/s Lakhani Vardaan Auto Pvt. Ltd. Rs. 824.07 Lacs 11.00 AM to 12.00 Noon (Borrower/mortgager) Rs. 435.00 Lacs for land & building (For Plant & Machineries) 1. Plant & Machineries lying at Factory site + interest & 2. Factory land & building on Plot no-21,measuring AM to 01.40 PM Earnest Money Deposit (EMD) other expenses 12.40 7500.00 sq mtrs. Sector-4 industrial area IIE SIDCUL 5 lac for plant & machinery (For Factory Land & Haridwar void lease deed no. 15858 dated19.12.2001 Building) 43.50 lac for land & building w.e.f. 01.09.11 1. Earnest Money shall be deposited only through NEFT/RTGS latest by 20.01.2015, in the following account : 1074002100071650, Name of account: Authorized Officer, Punjab National Bank, BO: BHEL Sector 4 ,Haridwar, (IFSC Code: PUNB 0107400) The Earnest money of unsuccessful bidders shall be refunded (without interest) within 7 working days after closure of bidding process 2. If the borrower/mortgagors pays full amount due to bank before the last date of sale, the e-auction will not be acted upon. 3.To the best of knowledge and information of the Authorized Officer, there are no encumbrances on any property/ies, However, prior to submitting the bid, the intending bidders should make their own independent inquiries regarding the encumbrances, title of property/ies put on auction. The property/ies is being sold with all the existing and future encumbrances whether known or unknown to the bank. The Authorized Officer/Secured Creditor shall not be responsible in any way for any third party claims/ rights/dues.4. Bidders can make inspection of secured assets and satisfy themselves about the quality, measurement and specification of secured assets before submitting the bid. 5. After deposit of Earnest Money in the above mentioned account the prospective bidders shall obtain the User ID & password (mandatory for e-auction) on their valid e-mail id from M/s Nextenders (India) Pvt Ltd. The Auction/ sale of secured assets will be on line through website www.e-auctions.in. 6. The bidders are required to submit the copies of the following documents to the Authorized Officer, BO: BHEL Sector 4 Haridwar latest by 20.01.2015. (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) Proof of address along with valid e-mail id and contact number. In the absence of any of captioned documents the bid shall be liable to rejected. The intending bidders, who requires assistance in obtaining login id & password may contact M/s Nextenders (India) pvt Ltd. Help Desk number is 020-25315555,56. Help line e-mail id is: [email protected]. 7. The bidders shall increase their offer in multiple of Rs 50000/- . In case bid is placed in the last 5 minutes of the closing time of e-auction, the closing time will automatically be extended for 5 minutes, otherwise, it will be automatically closed. Bid of factory land and building will be accepted only after the acceptance of bid of entire plant and machineries of the unit.8. The bidders who submits the highest bid (not below the reserve price) on closure of e-auction process shall be declared as successful bidder and communication to that effect will be issued through electronic mode and such sale will be subject to confirmation by the Secured Creditors i.e Punjab National Bank. 9. The successful bidder/purchaser shall have to deposit 25% of the sale price/bid amount in the above mentioned account through NEFT/RTGS (after adjusting the earnest money) immediately after the receipt of communication of acceptance of his offer by bank. Balance i.e. 75% amount of the sale price has to be deposited within 15 days from the date of confirmation of sale by the bank or within such extended period as may be agreed upon in writing between the parties, failing which the bank shall forfeit the amount already paid by the successful bidder and property shall be resold and defaulting purchaser shall have no claim/right in respect of property/ amount. Neither the Authorized Officer/Bank nor service provider shall be held liable for any lapses/ failure. (Internet failure/power failure etc.) 10.The purchaser has to bear the applicable stamp duty, registration fee, transfer charges and other related charges etc. and also all statutory/ non statutory dues , taxes etc. payable to any statutory body or others. 11. The Authorized Officer is not bound to accept the highest offer and he has the absolute right to accept or reject any or all the offers or to adjourn/ postpone/ cancel the e-auction without assigning any reasons. 12. Before submitting the bids, bidders are advised to go through the detailed Terms & Conditions of e-auction available on the web portal of M/s Nextenders (India) Pvt Ltd www.e-auctions.in. 13. After receipt of entire sale price and completion of sale formalities, a sale certificate (as per format prescribed in the Sarfaesi Rules) will be issued in the name of successful purchaser only. 14. For any help to participate in e auction prospective bidders can take help of our facilitation centre established at Circle Office Haridwar (Ph. No: 01334-234445) STATUTORY 30 DAYS SALE NOTICE UNDER RULE 8(6) OF THE SARFAESI Act -2002 The borrower/ guarantors/ mortgagors of M/s Lakhani Vardaan Auto Pvt.Ltd are hereby notified to pay the sum as mentioned above along with up to date interest and other expenses before the date of e-auction, failing which the property will be auctioned/sold and the balance dues, if any will be recovered with interest and cost. Date-23.12.2014 Place- Haridwar Authorized Officer (PNB BHEL)