& Karnataka Bank Ltd V A I I I > C*tfr**llw D i n 1/ A I n r l i i Your F a m i l y B a n k . A c r o s s I nd ia .

Head Off ice, M a n g a l u r u - 575 002

ASSET R E C O V E R Y MANAGEMENT BRANCH 8-B,First Floor,Rajendra Park,Pusa Road, New D e l h i ! 10060.

C I N : L 8 5 1 1 0 K A 1 9 2 4 P L C 0 0 1 1 2 8

Phone/Fax : 011-25813466 Mobile : 9654995410 Website : www.karnatakabank.com E-mail : delhiarm@ktkbank.com

PUBLIC NOTICE OF SALE

Notice to the public is hereby given to the effect that the immovable property described herein below which have been taken Possession thereof by the Authorised Officer on 19.08.2016 mentioned below in pursuance of Section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 wi l l be sold by invit ing tenders from the public on the date,place and time mentioned in the notice on 'as is where is* and 'as is what i s ' condition on the terms and conditions mentioned below. Tenders i n sealed covers are invited from the public for the purchase of the immovable property more fully described below.This Notice should be treated as Notice under sub-rule (6) of Rule (8) to the Borrowers/Mortgagors/Guarantors under Security Interest Enforcement Rule 2002.

[A] Name and Address of the Borrower / Guarantor :

( l )M/s Prasad Eng ineer ing , Represented by i ts Prop: Mr . B i r e n d r a Prasad, H.No.9, Sampada Campus , Rajeev V ihar ,L ingyad ih ,Ra j Kishore Nagar ,Bi laspur , Chhat t i sgarh-495001 , (2 ) Mr .B i rendra P r a sad ,S/0 Late R a m j i Prasad, (3)Mrs. S u n i t h a P rasad W/o Mr. B i r endra Prasad, Bo th (2) & (3) res id ing at : H.No.9, Sampada Campus , Rajeev V ihar , L ingyad ih , Raj Kishore Nagar, B i l aspur , C h h a t t i s g a r h - 4 9 5 0 0 1 .

[B] Name and address of the s ecu red creditor and for ver i f icat ion of Documents/T i t l e Deeds may contact : K a r n a t a k a B a n k L t d , B i l aspur B r a n c h -Chhat t i sga rh , G round Floor ,Mangalbhavan,Linkroad,Opp.Hote l Deep, B i laspur , B i laspur D i s t - 4 9 5 0 0 1 , Chat t i sga rh . P h : 0 7 7 5 2 - 2 2 2 2 3 3 , Mobile: 9 5 8 4 1 2 2 2 3 3 / 9 5 8 4 3 2 2 2 3 2 .

[CI Detai ls of S e cu r ed Debt: A m o u n t of R s .42 ,60 ,320=98 Under Over Dra f t A/c No. 1 2 9 7 0 0 0 6 0 0 0 1 1 7 0 1 a long w i t h interest f r om 0 1 - 1 0 - 2 0 1 7 , Plus costs.

[D] Descr ip t ion of Immovab le Secu red Asset (Property) :

Al l t h a t pa r t a n d parce l of r es ident ia l proper ty measu r ing 1079.70 sq. ft w i t h b u i l d i n g cons t ruc t ed thereon , s i tua ted on p lo t No. 7 (par t ), Khas ra No. 15/324 (Part), Sheet No. 05 , P.H No. 22 , Mouza -Gram Panchayat L ing i yad ih (Rajeev V ihar ) , B lock-Be lha , D i s t r i c t - B i l a s p u r (C.G) be longing to Mr . B i r e n d r a Prasad. Boundar ies of the property: North : Plot NO. 02 South : Road E a s t : Plot No. 10 West : Plot No. 08

> Reserve Pr ice / Upset Pr ice below w h i c h the immovable property may

> E a r n e s t money to be deposited / tendered Rs .2 ,70 ,000=00 (Rupees Two L a k h s Seventy T h o u s a n d Only) .

> Date, T i m e , Place of Auct ion , P lace of opening of the tenders r ece ived i s on 14 .11 .2017 at 11 .00 A.M at K a r n a t a k a B a n k L td , B i laspur B r a n c h -Chhat t i sga rh , G round Floor , Mangalbhavan,Linkroad,Opp.Hote l Deep, B i laspur ,B i laspur D i s t - 495001 ,Cha t t i s ga rh .

[E] T E R M S AND CONDIT IONS O F S A L E :

l .Sa le is s t r i c t l y subject to the t e rms and cond i t i ons ment i oned hereunder as also the t e rms a n d cond i t i ons ment i oned i n the offer /tender documen t to be s u b m i t t e d by the i n t e n d i n g b idders .

2. Tenders m e n t i o n i n g the a m o u n t offered for purchase i n sealed covers Superscr ib ing " T E N D E R F O R P U R C H A S E O F P R O P E R T Y - A / c M/s Prasad Eng inee r ing " shou ld be accompanied w i t h the Earnes t Money Deposi t of Rs .2 ,70 ,000=00 (Rupees Two L a k h s Seventy T h o u s a n d Only) by way of D D favor ing 'Ka rna taka B a n k L td . , A/c M/s P rasad Eng inee r ing " a n d the same sha l l be Sen t/Submi t t ed i n a sealed envelope by Registered Pos t/Hand Del ivery addressed to the Author i sed Officer, K a r n a t a k a B a n k L t d , B i laspur B r a n c h -Chhat t i sga rh , G round Floor ,Mangalbhavan,Linkroad,Opp.Hote l Deep, B i laspur , B i laspur D i s t - 495001 ,Cha t t i s ga rh before 4 .00 P.M on 13 -11 -2017 .

3 . The Tende r/s shou ld be a ccompan i ed by a t tes ted copies of PAN C a r d and Address Proof acceptable to the bank .The tenders received w i t h o u t Earnest Money w i l l be s u m m a r i l y rejected. DDs of unsuccess fu l tenderers/bidders w i l l be r e t u r n e d to t h e m on the date of A u c t i o n i tse l f and i t w i l l n o t carry any interest .

4. The sealed tenders for sale w i l l be opened by the Author i z ed Officer of the B a n k i n the presence of the tenderers who are present on above ment i oned auc t i on date and t ime . The b i d is open to t h e m a n d an o p p o r t u n i t y w i l l be given to enhance the b i d a m o u n t inter-se amo n g themselves i n the m u l t i p l e s of R s . 25000=00 . The Author i z ed Officer is a t l iber ty to accept the h ighest b i d a m o u n t a n d con f i rm the sale i n favour of the h ighest b idder or reject the same w i t h o u t ass ign ing any reason.

5.Successful tenderer / b idder shou ld deposit 2 5 % of the b i d a m o u n t ( inc lud ing the EMD) immed ia te l y on the sale be ing knocked d o w n i n h i s / her favour a n d the balance sale pr ice of 7 5 % of the b i d a m o u n t to be r em i t t ed w i t h i n 15 days f r om the date of c on f i rma t i on of the sale or any other date specified by the Au tho r i s ed Officer. I n de fau l t of payment of the a m o u n t s referred to above w i t h i n the t ime s t ipu la t ed , un less otherwise extended before the expiry of the t ime , the a u c t i o n w i l l s t and au tomat i ca l l y revoked a n d the money deposited by h i m / h e r as above, sha l l s t and forfeited to the B a n k a n d the B a n k w i l l be at l i be r t y to sell the proper ty once again a n d the de fau l t ing purchase r sha l l forfeit a l l c la ims to the proper ty .

6 .The successful b idder / tenderer sha l l bear a l l the legal / i n c i d en ta l expenses w h i c h means the l i ab i l i t y w h i c h may arise on account of arrears on proper ty t ax/

power supp ly/ water charges/ ma in tenance expenses/ s tamp d u t y / reg i s t ra t ion charges, local taxes a n d any other s t a tu t o r y dues etc.

7.Sale is on 'as is where i s ' and 'as is what i s ' condi t ion subject to c on f i rma t i on by the secured credi tor . As per Income T a x Ru les T a x @ 1% of Auc t i on pr ice i s payable by the Success fu l Auc t i on Purchase r i f the purchase pr ice is more th a n R s . 5 0 . 0 0 L a k h & the B a n k sha l l not take responsib i l i ty for the same .

8. The Au tho r i s ed Officer reserves the r i g h t to reject a l l or any of the offers / tenders w i t h o u t ass ign ing any reason or sha l l have the r i g h t to postpone or cancel the open ing of the tenders.

9. The Au tho r i s ed Officer reserves h i s r i g h t to vary any of the t e rms a n d cond i t i ons of t h i s notice of sale w i t h o u t p r i o r not ice at h i s d iscre t ion .

10. Th i s publ icat ion is also 15 days not ice under sub-rule (6) of Rule (8) under the Secur i ty In te res t En fo r cement Ru le 2 0 0 2 to the above ment i oned borrowers/ mortgagors /guarantors.

P lace : New De lh i Date : 2 4 - 1 0 - 2 0 1 7