ASSET RECOVERY MANAGEMENT BRANCH, Wachel Molla Mansion, 8 Lenin Sarani, ARM Branch, Dharmatolla, Kolkata – 700 013 By Regd Post & Courier To: 1 M/S.Bengal India Global Infra Structure Ltd Elegant Towers, 224 A, AJC Bose Road, Kolkata-700017 2 M/S.Bengal Recyclers and Fabricators Pvt Ltd Elegant Towers ,224A , AJC Bose road, Kolkata 700017 3 M/s SPS Steel Rolling Mills Ltd Elegant Towers ,224 A,AJC Bose Road, Kolkata-700017 4 M/S Techmart Broking Co P Ltd Elegant Towers , 224 A, AJC Bose Road, Kolkata-700017 5 M/S Checksons Broking Co Pvt Ltd Elegant Towers,224 A, AJC Bose Road, Kolkata-700017 6 M/S Rolex Commercial Company Ltd Elegant Towers.,224 A, AJC Bose Road, Kolkata-700017 7 M/S SPS Metal Cast and Alloys Ltd Elegant Towers,224 A, AJC Bose Road, Kolkata-700017 8 Mrs. Sanjukta Vohra W/o Mr Bipin Kumar Vohra 135 G, S P Mukherjee Road, Kolkata-700026 9 Mr Bipin Kumar Vohra S/o Mr J L Vohra 135 G, S P Mukherjee Road, Kolkata- 700026 10 Mr Arjun Kumar Santhalia S/o Late R N Santhalia Royal Garden 10 Sunny Park,Kolkata 700019 Dear Sir/Madam, Sub: Notice of 30 days for sale of immovable secured assets under Rule 8(2) of the Security Interest (Enforcement) Rules, 2002. 1. Corporation Bank, CBB Branch Kolkatta, the secured creditor, caused a demand notice dated 24.09.2013 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002, calling upon you to pay the dues within the time stipulated therein. Since you failed to comply with the said notice within the period stipulated, the Authorised Officer, have taken possession of the immovable secured assets under Section 13(4) of the Act read with Rule 8 of Security Interest (Enforcement) Rules, 2002. Possession notice dated 04-03-2014 issued by the Authorised Officer, as per appendix IV to the Security Interest (Enforcement)) Rules, 2002 was delivered to you and the same was also affixed to the properties mortgaged with the Secured Creditor, apart from publication of the same in newspapers. 2. As you have failed to clear the dues of the secured creditor, the immovable secured assets that have been taken possession of by the Authorised officer, will be sold by public E-auction from the public on 12/02/2015 at 10.30 AM to 12.00 Noon through online on https://corpbank.auctiontiger.net 3. You are also requested to ensure participation by parties interested in buying the immovable secured assets in the sale as proposed above. 4. A copy of the terms of sale is enclosed for your reference. Please note the tenders received will be opened by the undersigned at the place and time mentioned in the enclosed terms of sale. Yours faithfully Place Kolkata Date :03/01/2015 Encl: Terms of sale AUTHORISED OFFICER CORPORATION BANK AUCTION SALE OF IMMOVABLE ASSETS UNDER RULE 8(2) OF THE SECURITY INTEREST (ENFORCEMENT) RULES, 2002 AUCTION APPLICATION FORM FOR THE PROPRTY _______ 1. Name of the Bidder (s) (in capitals) : 2. Father’s/Husband’s Name : 3. Date of Birth & Age : 4. Postal Address of Bidders (proof to be enclosed) : 5. Phone Nos. : Landline : 6. E-Mail ID of Bidder/Participant 7. Bank account details to which EMD amount is to be Refunded : Mobile : : Type of Account : Saving/Current/CC Name of A/c Holder : Bank A/c No. : IFSC Code No. : Bank & Branch Name : 8. USER ID allotted by Service Provider : 9. Date of submission of Auction Application (on line) : 10. PAN Number of Bidder (copy to be enclosed) : 11. EMD remittance details : Date of remittance details Name of Bank & Branch : : Account No. : IFSC Code No. DECLARATION I, s/o Sri , aged about years, R/o do hereby express my interest for participating in e-auction being conducted by Corporation Bank, ARM Branch for purchase of the property and declare that I have read, understood and agree to all the terms and condtions of eAuction sale and shall abide by them. In the event, I am not being declared as successful bidder in the e-Auction, the EMD amount paid by me may be credited to my Bank Account furnished herein above. (Signatrue of the Bidder/s) Note: 1. In case of multiple bidders, the details shall be given in a tabular form on a separate sheet. 2. Hard (printed) copy of Auction Application Form duly filled in shall be submitted to Corporation Bank, ARM Branch by 10/02/2015 for getting qualified to participate in the e-auction for each Item separately. TERMS AND CONDITIONS OF SALE OF IMMOVABLE SECURED ASSETS: Name and address of the Borrower and Guarantor 1.M/S.Bengal India Global Infra Structure Ltd Elegant Towers, 224 A, AJC Bose Road, Kolkata-17 2.M/S.Bengal Recyclers and Fabricators Pvt Ltd Elegant Towers ,224A , AJC Bose road, Kolkata-17 3.M/s SPS Steel Rolling Mills Ltd Elegant Towers ,224 A,AJC Bose Road, Kolkata-17 4.M/S Techmart Broking Co P Ltd Elegant Towers, 224 A, AJC Bose Road, Kolkata-17 5.M/S Checksons Broking Co Pvt Ltd Elegant Towers,224 A, AJC Bose Road, Kolkata-17 6.M/S Rolex Commercial Company Ltd Elegant Towers.,224 A, AJC Bose Road, Kolkata-17 7.M/S SPS Metal Cast and Alloys Ltd Elegant Towers,224 A, AJC Bose Road, Kolkata-17 8.Mrs. Sanjukta Vohra W/o Mr Bipin Kumar Vohra, 135 G, S P Mukherjee Road, Kolkata-700026 9.Mr Bipin Kumar Vohra S/o Mr J L Vohra 135 G, S P Mukherjee Road, Kolkata-26 10.Mr Arjun Kumar Santhalia S/o Late R N Santhalia, Royal Garden 10 Sunny Park,Kolkata-19 2. Name and address of the CORPORATION BANK, CBB, Kolkatta Secured Creditor : (Transferred to ARM Branch Dharamtolla) 3. Description of immovable Khatian No. Dag Khatian Dag No. secured assets to be Sold No. No. All that piece and parcel of Land and 171 1731(P) 704 1748(P) Building measuring about 6.00 acres 339 1732(P) 704 1749(P) industrial land situated at Mouza : 589 1733(P) 802 1750(F) Gopinathpur, Parganas : Silampur, JL 1734(P) 802 1751(P) No : 85, Touzi No:1, Thana :Durgapur, 421/2728 1735(F) 704 1752(F) Sub Reg. Office: City Centre Durgapur 3098 3098 1736(P) 3280 1753(P) 16,District: Burdwan, P. S. Durgapur 1737(F) 704 1754(F) Coke Oven, ward No. D/29, Durgapur 330 1738(F) 802 1755(F) Municipal Corporation. Lease hold by 2000 M/s Bengal Recyclers and Fabricators 1974 1739(P) 802 1756(P) Pvt. Ltd. The land is for 60 years lease 339 1741(P) 1993 1757(P) effective from 08/07/2000 to 3300 1742(P) 1993 1758(P) 08/07/2060. The unexpired lease hold 3189 1743(P) 1993 1759(P) period is 45 years. Boundaries: North : 1308 1744(P) 330 1772(P) Nasser Avenue, South:Land of State 1311 1745(P) 163/151 1825(P) Co-Opt Govt Land, East and West: 1308 1746(P) 151/330 Land of ADDA/Govt 4. The details of encumbrances, Nil if any known to the Secured Creditor 5. Last date for submission of On or before 10/02/2015 before 5.00 EMD & e-Bid Form: PM 6. Date & Time of auction 12/02/2015, 10.30 AM to 12.00 Noon (with 10 min unlimited auto extensions) Eauction websitehttps://corpbank.auctiontiger.net Rs. 71.59 Crore as on 30.04.2014 with further interest, cost & expenses 7.The secured debt for the recovery of which the immovable secured asset is to be sold: Rs. 392.00 lakh ( Rupees three crore ninety two 8.Reserve price for the lacs only) properties below which the immovable property may not be sold: 9. The intending tenderer / bidder shall deposit with the Authorised Officer an amount equivalent to10% of reserve price by way of Earnest Money Deposit in the account of Authorised Officer, Corporation Bank, ARM Branch, Kolkata by Demand Draft or NEFT/RTGS to account No. 143700101000002 and IFSC Code-CORP0001437, at the same time bidder has to submit the e-bid form available on abcProcure’s website/ before the date and time mentioned above and shall obtain written receipt thereof from the branch/Authorised Officer. The intending tenderer / bidder shall mention the property Item Number for which the the EMD has been tendered. 9( a).Full name and address of the tenderer / bidder with their identity proof and PAN card has to be furnished to the Authorised Officer while filling up the e-bid form on abcProcure’s website. https://corpbank.auctiontiger.net 10. A Bidder should have valid digital signature certificate (Class- ii/iii) to participate in the e-auction. 11. Bank, the Secured Creditor, reserves the right to accept / reject the highest bid of auction / without assigning any reason thereof or to cancel the sale by calling bids from public. 12. In the case of auction, further bid shall not be less than Rs. 50,000 in excess of highest bid amount or the immediate preceding bid, as the case may be. with multiple increment value of Rs. 50,000/- for each Item. 13. The sale will be confirmed in favour of the highest tenderer / bidder and the confirmation of sale shall be subject to the confirmation by the Secured Creditor. 14. The successful tenderer / bidder so declared by the Authorised Officer shall then and there tender 25% of the amount of sale price in Cash/DD, less the sum tendered/ bid by way of EMD, with the Authorised Officer conducting the sale and the balance amount of purchase price shall be paid to the authorized Officer before 15th day of confirmation of sale by the Secured Creditor or such extended period as may be mutually agreed upon between the parties. 15. In default of payment of balance amount of purchase price before 15 days from the date of confirmation of sale by the Secured Creditor or such extended period as may be mutually agreed upon between the parties, the deposit of 25% of the amount of sale price made shall be forfeited and the property shall forthwith be sold again and the defaulting purchaser shall forfeit all claim to the property or to any part of the sum for which it may be subsequently sold. 16. On confirmation of sale by the secured creditor and if the terms of payment have been complied with by the successful tenderer / bidder, the Authorised Officer shall issue a certificate of sale of movable/immovable property in favour of the purchaser in Appendix-V to the Security Interest (Enforcement) Rules, 2002. 17. The Authorised Officer may, where the property sold is subject to any encumbrances, if he thinks fit, allow the purchaser to deposit with him the money required to discharge the encumbrances and any interest due thereon together with such additional amount that may be sufficient to meet the contingencies or further costs, expenses and interest as may be determined by him. 18. On such deposit of money for discharge of encumbrances, the Authorised officer may issue or cause the purchaser to issue the notices to the persons interested in or entitled to the money deposited with him and take steps to make the payment accordingly 19. Legal charges for conveyance, stamp duty and registration charges as applicable will be borne by the successful purchaser 20. The Authorised Officer will deliver the property to the purchaser (free from encumbrances, known to the Secured Creditor) on deposit of money by the purchaser towards the discharge of such encumbrances. 21. The certificate of sale will be issued specifically mentioning whether the purchaser has purchased the immovable/movable secured assets free from any encumbrances known to the secured creditor or not. 22. Bidding shall be given in respect of immovable property severally. 23. The unsuccessful tenderers who have deposited EMD shall be entitled to have the same refunded without any interest immediately after the confirmation of sale by the Authorised Officer. 24. If the Borrower were to pay to the Authorised Officer the entire amount due, with the up-to-date expenses including the expenses in taking possession and conducting the sale, to the secured creditor before e-Auction, the sale by tender cum public auction may be cancelled by the Authorised Officer. 25. The above movable/immovable secured assets will be sold in “As is where is” and “What is there is” condition. 26. The intending tenderers may, if they choose, after taking prior appointment from the Authorised Officer, inspect the immovable/movable secured assets to be sold before the date fixed for submission of tender. 27. The entire sale consideration shall be exclusively available for appropriation towards dues to the Bank and it is exclusive of encumbrances of all statutory dues and other dues if any, all of which have to be paid / settled by the proposed purchaser out of his own sources. Date 03/01/2015 Place: Kolkata AUTHORISED OFFICER CORPORATION BANK- ARMB
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