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STATE BANK OF INDIA STRESSED ASSETS MANAGEMENT BRANCH 6 th Floor, Mohan Singh Place, Baba Kharak Singh Marg, New Delhi-110001 E-mail ID: [email protected] Landline No. (Office):-01123741080 Fax No:-011 23741076 / 77 MEGA E-Auction Sale Notice E-AUCTION SALE NOTICE PUBLIC NOTICE FOR E-AUCTION FOR SALE OF MOVEABLE / IMMOVABLE PROPERTIES DATE OF E-AUCTIONS / TIME 19/01/2016 (TUESDAY) BETWEEN 10.30 A.M. AND 03.30 P.M. AS SPECIFIED LAST DATE & TIME OF SUBMISSION OF EMD & DOCUMENTS (HARD COPY) IS 14/01/2016 (THURSDAY) UPTO 4 P.M. LAST DATE & TIME OF SUBMISSION OF EMD & DOCUMENTS (ON-LINE) IS 15/01/2016 (FRIDAY) UPTO 4 P.M. SALE OF MOVABLE & IMMOVABLE ASSETS CHARGED TO THE BANK UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002. WHEREAS, THE AUTHORIZED OFFICER/S OF STATE BANK OF INDIA HAVE TAKEN POSSESSION OF THE FOLLOWING PROPERTIES PURSUANT TO THE NOTICE ISSUED UNDER SECTION 13(2) ON DATES MENTIONED AGAINST EACH ACCOUNT, READ ALONG WITH THE SECURITY INTEREST (ENFORCEMENT) RULES, 2002, IN THE FOLLOWING LOAN ACCOUNTS WITH RIGHT TO SELL THE SAME ON “AS IS WHERE IS BASIS” AND “AS IS WHAT IS BASIS” FOR REALIZATION OF BANK’S DUES AND INTEREST AS DETAILED HEREUNDER AND WHEREAS CONSEQUENT UPON FAILURE TO REPAY THE DUES, THE UNDERSIGNED IN EXERCISE OF POWERS CONFERRED UNDER SECTION 13(12) OF SAID ACT PROPOSE TO REALIZE THE BANK’S DUES BY THE SALE OF SAID PROPERTIES. THE SALE WILL BE DONE BY THE UNDERSIGNED THROUGH E-AUCTION PLATFORM PROVIDED AT THE WEB PORTAL https://www.bankeauctions.com.

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Page 1: STATE BANK OF INDIA MEGA STRESSED ASSETS MANAGEMENT …4.imimg.com/data4/NL/OD/HTT-1574/1574_2015-12-23-14-00-21_14… · Shyam Kumar Gupta (B) H No.812, Sector 14, Faridabad-121007(Haryana)

STATE BANK OF INDIA STRESSED ASSETS MANAGEMENT BRANCH 6th Floor, Mohan Singh Place, Baba Kharak Singh Marg, New Delhi-110001 E-mail ID: [email protected] Landline No. (Office):-01123741080 Fax No:-011 23741076 / 77

MEGA E-Auction Sale Notice

E-AUCTION SALE NOTICE

PUBLIC NOTICE FOR E-AUCTION FOR SALE OF MOVEABLE / IMMOVABLE PROPERTIES

DATE OF E-AUCTIONS / TIME 19/01/2016 (TUESDAY) BETWEEN 10.30 A.M. AND 03.30 P.M. AS SPECIFIED

LAST DATE & TIME OF SUBMISSION OF EMD & DOCUMENTS (HARD COPY) IS 14/01/2016 (THURSDAY) UPTO 4 P.M.

LAST DATE & TIME OF SUBMISSION OF EMD & DOCUMENTS (ON-LINE) IS 15/01/2016 (FRIDAY) UPTO 4 P.M.

SALE OF MOVABLE & IMMOVABLE ASSETS CHARGED TO THE BANK UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND

ENFORCEMENT OF SECURITY INTEREST ACT, 2002. WHEREAS, THE AUTHORIZED OFFICER/S OF STATE BANK OF INDIA HAVE TAKEN POSSESSION OF THE

FOLLOWING PROPERTIES PURSUANT TO THE NOTICE ISSUED UNDER SECTION 13(2) ON DATES MENTIONED AGAINST EACH ACCOUNT, READ ALONG WITH

THE SECURITY INTEREST (ENFORCEMENT) RULES, 2002, IN THE FOLLOWING LOAN ACCOUNTS WITH RIGHT TO SELL THE SAME ON “AS IS WHERE IS BASIS”

AND “AS IS WHAT IS BASIS” FOR REALIZATION OF BANK’S DUES AND INTEREST AS DETAILED HEREUNDER AND WHEREAS CONSEQUENT UPON FAILURE TO

REPAY THE DUES, THE UNDERSIGNED IN EXERCISE OF POWERS CONFERRED UNDER SECTION 13(12) OF SAID ACT PROPOSE TO REALIZE THE BANK’S DUES

BY THE SALE OF SAID PROPERTIES. THE SALE WILL BE DONE BY THE UNDERSIGNED THROUGH E-AUCTION PLATFORM PROVIDED AT THE WEB PORTAL

https://www.bankeauctions.com.

Page 2: STATE BANK OF INDIA MEGA STRESSED ASSETS MANAGEMENT …4.imimg.com/data4/NL/OD/HTT-1574/1574_2015-12-23-14-00-21_14… · Shyam Kumar Gupta (B) H No.812, Sector 14, Faridabad-121007(Haryana)

1. M/s Amba Devi Paper Mills Limited(B) (Formerly M/s Shree Ram Straw Products Ltd.), Regd. Office :3310, 3rd Floor, Gali Pipal Mahadev, Hauzqazi, Delhi – 110006 Guarantors

1. Shri Anil Kumar Mittal r/o Chamunda Vihar, Ramnagar Road, Kashipur – 244713, Distt. Udham Singh Nagar, Uttarakhand

2. Ms. Ambika Mittal, r/o Chamunda Vihar, Ramnagar Road, Kashipur – 244713, Distt. Udham Singh Nagar, Uttarakhand

3 Mrs. Meera Mittal, r/o Chamunda Vihar, Ramnagar Road, Kashipur – 244713, Distt. Udham Singh Nagar, Uttarakhand

4 Dr. Atul Krishan Bhatnagar r/o 1, Ambedkar Bhawan, Subharti Puram,

Meerut – 250005 (Uttar Pradesh) 5. M/s Girivardan Credit & Promoters Pvt.

Ltd.Ramnagar Road, Kashipur – 244713, Distt. Udham Singh Nagar, Uttarakhand

1. All that piece and parcel of commercial land and buildings at Khasra No 3 Min, 17 Min, (area 0.027 ha, 0.054 ha, 0.011 Ha, 0.021 Ha - Total area 0.113 Ha) and (area 0.030 Ha, 0.060 Ha, 0.011 Ha, 0.021 Ha - Total area 0.122 Ha) at Vill. Maheshpura, Near Chamunda Vihar, Ramnagar Road NH 121, Kashipur, Distt. Udham Singh Nagar, Uttarakhand in the name of Shri ANIL KUMAR MITTAL (GUARANTOR)

Rs.1629.00 lacs

Rs. 62,00,54,698.32 Demand Notice date : 24.04.2011

07.01.2016 (Thursday) 11.00 a.m to 3.00 p.m. Authorized officer (Anil Kanotra) M No. 9818158555

19.01.2016 From 12.00 noon to 01.00 p.m.

Rs.163.00 lacs

Rs.1.00 lac Auto extension of 5 minutes each.

2. Five independent double storey houses numbered 1, 4, 5, 6, 7 each on plot of 125.41 sq. mt. and built up area of 2,280 sq. ft. valued at Rs. 0.23 crores each at Khasra No. 682, Mouja Bailijuri, Vijay Nagar, Nai Basti Road, Kashipur Distt. Distt. Udham Singh Nagar, Uttarakhand in the name of M/s Girivardhan Credit & Promoters Pvt. Ltd. Corporate Guarantor

Rs. 23.00 lacs for each house Rs. 3.00 lacs For each house

Rs.1.00 lac Auto extension of 5 minutes each.

Srl No.

Name of Borrower (B)/Guarantor/s (G)/Corporate Guarantor/s (CG) with address/es

Address of Security charged covered under Auction

Reserve Price(RP)

Out standings Dues (Inclusive of Interest calculated upto 31.12.15) + (pendent- lite & future interest at contractual rate+ incidental expenses)

Date/ Time of on -site Inspection of Property with name of Authorized Officer

Date of E-Auction/Time for 60 minutes each

EMD Amount

Incremental Amount

Page 3: STATE BANK OF INDIA MEGA STRESSED ASSETS MANAGEMENT …4.imimg.com/data4/NL/OD/HTT-1574/1574_2015-12-23-14-00-21_14… · Shyam Kumar Gupta (B) H No.812, Sector 14, Faridabad-121007(Haryana)

3. 63.60 sq. mt. Vacant land (road facing) valued at Rs. 2.00 lacs at Khasra No. 682, Mouja Bailijuri, Vijay Nagar, Nai Basti Road, Kashipur Distt. Distt. Udham Singh Nagar, Uttarakhandin the name of M/s Girivardhan Credit & Promoters Pvt. Ltd. Corporate Guarantor

Rs. 2.00 lacs

Rs. 1.00 lac Rs.1.00 lac Auto extension of 5 minutes each.

2. M/s Amba Devi Paper Mills Limited(B) (Formerly M/s Shree Ram Straw Products Ltd.), Regd. Office : 3310, 3rd Floor, Gali Pipal Mahadev, Hauzqazi, Delhi – 110006 Guarantors

3. Shri Anil Kumar Mittal r/o Chamunda Vihar, Ramnagar Road, Kashipur – 244713, Distt. Udham Singh Nagar, Uttarakhand

4. Ms. Ambika Mittal, r/o Chamunda Vihar, Ramnagar Road, Kashipur – 244713, Distt. Udham Singh Nagar, Uttarakhand 5 Mrs. Meera Mittal, r/o Chamunda

Vihar, Ramnagar Road, Kashipur – 244713, Distt. Udham Singh Nagar, Uttarakhand

6 Dr. Atul Krishan Bhatnagar r/o 1, Ambedkar Bhawan, Subharti Puram, Meerut – 250005 (Uttar Pradesh) 5. M/s Girivardan Credit & Promoters Pvt. Ltd. Ramnagar Road, Kashipur – 244713,

LOT - A 1. Plant & Machinery installed at Khasra no.

731, 734 and 736, Vill. Lalpur, Kashipur, Distt. Udham Singh Nagar, Uttarakhand in the name of M/s Amba Devi Paper Mills Limited formerly known as M/s Shree Ram Straw Products Ltd.)

2. All that piece and parcel of commercial land and building at Khasra no. 731 (3.689 hectare), 734 (3.689 hectare) and 736 (1.0480 hectare at Vill. Lalpur, Kashipur, Distt. Udham Singh Nagar, Uttarakhand in the name of M/s Amba Devi Paper Mills Limited formerly known as M/s Shree Ram Straw Products Ltd.)

3. All that piece and parcel of commercial land at Khasra no. 73 Min (1.134 ha+0.500 ha) at Kudaiyanwala, Kashipur, Distt. Udham Singh Nagar, Uttarakhand in the name of M/s Amba Devi Paper Mills Limited formerly known as M/s Shree

Rs.1785.00 lacs

Rs. 62,00,54,698.32 Demand Notice date : 24.04.2011

07.01.2016 (Thursday) 11.00 a.m to 3.00 p.m. Authorized officer (Anil Kanotra) M No. 9818158555

19.01.2016 (Tuesday) From 01.00 p.m. to 02.00 p.m.

Rs. 179.00 lacs Rs.1.00 lac Auto extension of 5 minutes each.

Page 4: STATE BANK OF INDIA MEGA STRESSED ASSETS MANAGEMENT …4.imimg.com/data4/NL/OD/HTT-1574/1574_2015-12-23-14-00-21_14… · Shyam Kumar Gupta (B) H No.812, Sector 14, Faridabad-121007(Haryana)

Distt. Udham Singh Nagar, Uttarakhand Ram Straw Products Ltd.)

LOT – B 4. Plant & Machinery installed at Khasra no.

731, 734 and 736, Vill. Lalpur, Kashipur, Distt. Udham Singh Nagar, Uttarakhand in the name of M/s Amba Devi Paper Mills Limited formerly known as M/s Shree Ram Straw Products Ltd.)

IN CASE NO BID BEING RECEIVED FOR LOT – A, LOT- B TO BE SOLD ON STAND ALONE BASIS. IN THIS LOT TIME FOR

Rs.470.00 lacs

Rs.47.00 lacs Rs.1.00 lac

Auto extension of 5 minutes each.

Page 5: STATE BANK OF INDIA MEGA STRESSED ASSETS MANAGEMENT …4.imimg.com/data4/NL/OD/HTT-1574/1574_2015-12-23-14-00-21_14… · Shyam Kumar Gupta (B) H No.812, Sector 14, Faridabad-121007(Haryana)

DISMANTLING AND REMOVAL OF MACHINERY WILL BE DECIDED ON THE SOLE DISCRETION OF THE AUTHORISED OFFICER

3. 1.Sh. Shyam kumar Gupta (B)

S/o Late Sh. Faqir Chand Gupta (B)

H No.705 Sector 14,Urban Estate

Faridabad-121007(Haryana)

2. Sh. Pankaj Gupta S/o Sh. Shyam Kumar

Gupta (B)

H No.812, Sector 14, Faridabad-

121007(Haryana)

All part of land & Residential

house at Plot No.705, Sector 14,

Urban Estate,

Faridabad-121007(Haryana)

having Plot area measuring 500.00 sq.yards in the

name of Sh. Shyam kumar Gupta

Rs. 315.00 lacs Rs. 94,39,311.77 (In addition to the dues of ARCIL on account of dues from M/s Green Alloys Pvt Ltd., assigned to ARCIL by SBI vide Assignment Agreement dated 18.07.2014) Demand Notice date : 09.09.2014

07.01.2016 (Thursday) 11.00 a.m to 3.00 p.m. Authorized officer (Ms. R. Geeta) M No. 9911826817

19.01.2016 (Tuesday) From 12.00 noon to 01.00 p.m.

Rs. 32.00 lacs

Rs.1.00 lac Auto extension of

5 minutes each

Page 6: STATE BANK OF INDIA MEGA STRESSED ASSETS MANAGEMENT …4.imimg.com/data4/NL/OD/HTT-1574/1574_2015-12-23-14-00-21_14… · Shyam Kumar Gupta (B) H No.812, Sector 14, Faridabad-121007(Haryana)

4 M/s Jainendra Industries Pvt. Ltd. (B) Regd. Office: Plot No.116 & 117, Sector-

25, Faridabad (Haryana)

1 .Mr. R.N. Jain (Since deceased) 2. Mr. Sushil Jain 3.Smt. Madhu Jain All R/o: Flat No.B-02, Ground Floor, GHS-16, Sector-21-D, Faridabad (Haryana)

Lot No. A: Plant and Machinery lying at Plot

No.116 & 117, Sector-25, Faridabad (Haryana)

Rs.90.00 lacs

Rs.12,01,42,465.00 Demand Notice dated 11.07.2014.

06.01.2016 (Wednesday) 11 AM TO 2 PM (AO: Shri Padam Kant - Mob 8750099007)

19.01.2016 (Tuesday) 10.30 AM to 11.30 AM

Rs.9.00 lacs Rs.1.00 lac

Lot No. B: Factory Land and Building, Situated at Plot No.116, Sector-25, Faridabad (Haryana) in the name of company. Area 1315.55 sq.yard

Rs.290.00 lacs

Rs.29.00 lacs

Rs.1.00 lac Lot No. C : Factory Land and Building, Situated at Plot No.117, Sector-25, Faridabad (Haryana) in the name of company. Area 1315.55 sq.yard

Rs.290.00 lacs

Rs.29.00 lacs

Rs.1.00 lac Auto extension of 5 minutes in each

lot Note: Lot No. A will be sold first. If lot No. A is not sold then Lot No. B & Lot No. C will not be sold.

Page 7: STATE BANK OF INDIA MEGA STRESSED ASSETS MANAGEMENT …4.imimg.com/data4/NL/OD/HTT-1574/1574_2015-12-23-14-00-21_14… · Shyam Kumar Gupta (B) H No.812, Sector 14, Faridabad-121007(Haryana)

5 M/s Jainendra Automotive Pvt. Ltd. (B)

Regd. Office: Plot No.117, Sector-25, Faridabad (Haryana)

1 .Mr. R.N. Jain (Since deceased) 2. Mr. Sushil Jain 3.Smt. Madhu Jain All R/o: Flat No.B-02, Ground Floor, GHS-16, Sector-21-D, Faridabad (Haryana)

Lot No. A: Plant and Machinery lying at Plot

No.7-I, Sector-9, Pant Nagar, District Udham singh Nagar, Uttarkhand

Rs.106.00 lacs

Rs.10,00,39,397.49 Demand Notice dated 02.06.2014

08.01.2016 (Friday) 12 noon TO 3 PM (AO: Shri Padam Kant -Mob 8750099007)

19.01.2016 (Tuesday) 11.30 AM to 12.30 PM

Rs.11.00 lacs

Rs.1.00 lac

Lot No. B: Factory lease hold Land and Building, Situated at Plot No.7-I, Sector-9, Pant Nagar, District Udham Singh Nagar, Uttrakhand in the name of company. Area 6940.00 sq. meter

Rs.332.00 lacs

Rs.33.20 lacs

Rs.1.00 lac Auto extension of 5 minutes in each

lot Note: Lot No. A will be sold first. If Lot No. A is not sold then Lot No. B will not be sold.

6 M/s Jayshree Auto Component Pvt. Ltd.(B) Regd. Office: House No.534, Sector-14, Faridabad (Haryana) (since sold) 1 .Mr. R.N. Jain (Since deceased) 2. Mr. Sushil Jain 3.Smt. Madhu Jain All R/o: Flat No.B-02, Ground Floor,

GHS-16, Sector-21-D, Faridabad (Haryana)

Machinery lying at Plot No.116, Sector-25, Faridabad (Haryana).

Rs.8.50 lacs Rs.3,83,85,810.77 Demand Notice dated 11.07.2014.

06.01.2016 (Wednesday) 11 AM TO 2 PM AO: Shri Padam Kant - Mob 8750099007)

19.01.2016 (Tuesday) 12.30 PM to 01.30 PM

Rs.0.90 lacs

Rs.0.10 lac Auto extension of

5 minutes each

Page 8: STATE BANK OF INDIA MEGA STRESSED ASSETS MANAGEMENT …4.imimg.com/data4/NL/OD/HTT-1574/1574_2015-12-23-14-00-21_14… · Shyam Kumar Gupta (B) H No.812, Sector 14, Faridabad-121007(Haryana)

7 M/s Mantech Manufacturing Company Pvt. Ltd.(B) Regd. Office: Khatauni No. 103/104 Khasra No.159, Hadbust No.201, Pargana Doon, Mauza Buranwala, Tehsil Kasauli, District Solan (HP).

1 .Mr. R.N. Jain (Since deceased) 2. Mr. Sushil Jain 3.Mrs. Madhu Jain All R/O Flat No.B-02, Ground Floor, GHS-16, Sector-21-D, Faridabad (Haryana) 4. Mr. Surinder Kumar Jain R/o House No.309, Ward No.16, Gandhi

Nagar, Jind (Haryana) - 126102

Lot No.A: Plant and Machinery Lying in factory at Khatauni No. 103/104 Khasra No.159, Hadbust No.201, Pargana Doon, Mauza Buranwala, Tehsil Kasauli, District Solan (HP).

Rs.51.00 lacs

Rs.4,31,00,614.43 Demand Notice dated 01.08.2014.

15.01.2016 (Friday) 12 AM To 03 PM (AO: Shri Padam Kant -Mob 8750099007)

19.01.2016 (Tuesday) 01.30 PM to 02.30 PM

Rs.5.10 lacs

Rs.0.50 lac

Lot No.B: Factory Land and Building

situated at Khatauni No. 103/104 Khasra No.159, Hadbust No.201, Pargana Doon, Mauza Buranwala, Tehsil Kasauli, District Solan (HP) in the name of company. Area 7.00 bigha.

Rs.180.00 lacs

Rs.18.00 lacs

Rs.1.00 lac Auto extension of 5 minutes in each

lot Note: Lot No. A will be sold first. If Lot No. A is not sold then Lot No. B will not be sold.

Page 9: STATE BANK OF INDIA MEGA STRESSED ASSETS MANAGEMENT …4.imimg.com/data4/NL/OD/HTT-1574/1574_2015-12-23-14-00-21_14… · Shyam Kumar Gupta (B) H No.812, Sector 14, Faridabad-121007(Haryana)

8 M/s Catmoss Retails Pvt. Ltd.(B) Regd. Office: 329, Patparganj Industrial Area, Delhi- 110092 1.Mr. Ashwani Kumar Chawla 2.Mr. Krishan Kumar Chawla 3.Mrs. Reena Chawla 4.Mrs. Asha Rani All R/o : B-174 & 175, Vivek Vihar, Delhi (since sold )

Lot A: Stock ( Kid cloths & one computer

with CPU)

Rs.0.23 lacs

Rs.43,78,59,212.63 Demand Notice dated 01.08.2013.

12.01.2016 (Tuesday) 11 am to 2 pm (AO: Shri Amrik Ram Mob-8800631166)

19.01.2016 (Tuesday) 02.30 PM to 03.30 PM

Rs.0.03 lacs

Rs.0.01 lac

Lot B: Shop no. S-19 SF, measuring is app. 280.08 sqft. At EDM complex Kaushambi (UP) in the name of Mr. Ashwani Kumar Chawla.

Rs.20.00 lacs

Rs.2.00 lacs

Rs.0.10 lac

Lot C: Shop no. S-20 SF, measuring area app. 360.39 sqft. At EDM complex Kaushambi (UP) in the name of Mr. Ashwani Kumar Chawla.

Rs.26.00 lacs

Rs. 3.00 lacs

Rs.0.10 lac Auto extension of 5 minutes in each

lot Note: Lot No. A & Lot B will be sold first. If Lot A is not sold then Lot B will not be sold separately and only Lot C will be sold separately

Page 10: STATE BANK OF INDIA MEGA STRESSED ASSETS MANAGEMENT …4.imimg.com/data4/NL/OD/HTT-1574/1574_2015-12-23-14-00-21_14… · Shyam Kumar Gupta (B) H No.812, Sector 14, Faridabad-121007(Haryana)

M/s C1 India Pvt. Ltd., Building No. 301, 1st Floor, Udyog Vihar, Phase-2, Gurgaon (Haryana)-122015 Helpline No. (four lines) (0124)4302021, 22, 23, 24 9582385066 (Rohit Sharma)

https://www.sbi.co.in https://www.bankeauctions.com http://tenders.gov.in

19/01/2016 (TUESDAY) BETWEEN 10.30 AM to 03.30 P.M.

33108475877 (For RTGS/ NEFT/Fund Tfr / Demand draft / Pay Order)

SBIN0004109 (“0s” are Zeros)

Authorized Officer, State Bank of India, Stressed Assets Management Branch, 6th Floor, Mohan Singh Place, Baba Kharak Singh Marg, New Delhi-110001

E-Auction Service Provider/s E-Auction web site/ For details

Date/Time of e-Auction/ Incremental Amount

A/c No. for depositing EMD / subsequent payments

Br IFSC Code

NAME OF BENEFICIARY

Page 11: STATE BANK OF INDIA MEGA STRESSED ASSETS MANAGEMENT …4.imimg.com/data4/NL/OD/HTT-1574/1574_2015-12-23-14-00-21_14… · Shyam Kumar Gupta (B) H No.812, Sector 14, Faridabad-121007(Haryana)

Terms and Conditions of the E-auction are as under:

1. E-Auction is being held on “AS IS WHERE IS” and “AS IS WHAT IS BASIS” and will be conducted “On Line”. The auction will be conducted through the Bank’s approved service provider M/S C-1 India Private Limited, Gurgaon at the web portal (https://www.bankeauctions.com). E-Auction Tender Document containing online e-auction bid form, Declaration, General Terms

and Conditions of online auction sale are available in websites - a. https://www.sbi.co.in, b. https://www.bankeauctions.com,

c. http://tenders.gov.in

2. To the best of knowledge and information of the Authorised Officer, there is no encumbrance on the property/ies. However, the

intending bidders should make their own independent inquiries regarding the encumbrances, title of property/ies put on auction and

claims/ rights/ dues/ affecting the property, prior to submitting their bid. The e-Auction advertisement does not constitute and will not

be deemed to constitute any commitment or any representation of the bank. The property is being sold with all the existing and future

encumbrances whether known or unknown to the bank. The Authorised Officer/ Secured Creditor shall not be responsible in any way

for any third party claims/ rights/ dues.

3. The intending purchasers / bidders are required to deposit EMD amount either through NEFT/ RTGS in the Account No.:

33108475877, Name of the A/C. : Authorized Officer, State Bank of India, SAM Branch, New Delhi, Name of the Beneficiary:

State Bank of India, Stressed Assets Management Branch, IFSC Code: SBIN0004109 or by way of demand draft drawn in

favour of State Bank of India, SAM Branch, New Delhi A/c __________________________ (Name of Account / borrowers), drawn

on any Nationalized or Scheduled Bank.

4. Bidders shall hold a valid Digital Signature Certificate issued by competent authority and valid email ID {e-mail ID is absolutely

necessary for the intending bidder as all the relevant information and allotment of ID & password by M/s C-1 India Private Limited,

Gurgaon may be conveyed through e-mail}.

Page 12: STATE BANK OF INDIA MEGA STRESSED ASSETS MANAGEMENT …4.imimg.com/data4/NL/OD/HTT-1574/1574_2015-12-23-14-00-21_14… · Shyam Kumar Gupta (B) H No.812, Sector 14, Faridabad-121007(Haryana)

5. The intending bidder should submit the evidence for EMD deposit like UTR number along with Request Letter for participation in the

E- auction, self-attested copies of (i) Proof of Identification (KYC) viz. Voter ID Card/ Driving License/ Passport etc.,(ii) Current

Address-Proof for communication, (iii) PAN card of the bidder, (iv) valid e-mail ID, (v) contact number (Mobile/Landline) of the bidder

etc. to the Authorized Officer of STATE BANK OF INDIA, Stressed Assets Management Branch, 6th Floor, Mohan Singh Place, Baba

Kharak Singh Marg, Connaught Place, New Delhi – 110001 by the time & dates mentioned above. Scanned copies of the original of

these documents can also be submitted to e-mail id of Authorized officer.

6. Names of the Eligible Bidders, will be identified by the STATE BANK OF INDIA, Stressed Assets Management Branch, 6th Floor,

Mohan Singh Place, Baba Kharak Singh Marg, Connaught Place, New Delhi – 110001 to participate in online e-auction on the portal

https: //www. bankeauctions.com. M/s C-1 India Private Limited, Gurgaon will provide User ID & Password after due verification

of PAN of the Eligible Bidders.

7. It shall be the responsibility of the interested bidders to inspect and satisfy themselves about the property before submission of the

bid.

8. The e-Auction/bidding of above properties would be conducted exactly on the scheduled Date & Time as mentioned against each

property by way of inter-se bidding amongst the bidders. The bidder shall improve their offer in multiple of the amount mentioned under the column “Bid Increment Amount” against each property. In case bid is placed in the last 5 minutes of the closing time of the e-Auction, the closing time will automatically get extended for 5 minutes. The bidder who submits the highest bid amount (not below the Reserve Price) on closure of e-Auction process shall be declared as Successful Bidder and a communication to that effect will be issued through electronic mode which shall be subject to approval by the Authorised Officer/ Secured Creditor.

9. 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, immediately on acceptance of bid price by the Authorised Officer and the balance of the sale price on or before 15th day of sale or within such extended period as agreed upon in writing and solely at the discretion of the Authorised

Page 13: STATE BANK OF INDIA MEGA STRESSED ASSETS MANAGEMENT …4.imimg.com/data4/NL/OD/HTT-1574/1574_2015-12-23-14-00-21_14… · Shyam Kumar Gupta (B) H No.812, Sector 14, Faridabad-121007(Haryana)

Officer. Default in deposit of amount by the successful bidder would entail forfeiture of the whole money, already deposited and property shall be put to re-auction and the defaulting bidder shall have no claim/ right in respect of property/ amount.

10. The prospective qualified bidders may avail online training on e-Auction from M/s C-1 India Private Limited prior to the date of e-Auction. Neither the Authorised Officer / Bank nor M/s C-1 India Private Limited, Gurgaon will be held responsible for any Internet Network problem/Power failure/ any other technical lapses/failure etc. In order to ward-off such contingent situation the interested bidders are requested to ensure that they are technically well equipped with adequate power back-up etc. for successfully participating in the e-Auction event.

11. 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.

12. The Authorised Officer/Bank is not bound to accept the highest offer and has the absolute right to accept or reject any or all offer(s) or adjourn/ postpone/ cancel the e-Auction or withdraw any property or portion thereof from the auction proceedings at any stage without assigning any reason there for.

13. The Sale Certificate will be issued in the name of the purchaser(s) / applicant (s) only and will not be issued in any other

name(s).

14. The sale shall be subject to rules/ conditions prescribed under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.

Sd/-

Date: 19.12.2015 Authorized Officer

Place: NEW DELHI State Bank of India