Tenders Are Invited For Immovable Property Auction

Immovable Property Belonging To M S Jyoti Paper Products General Terms Conditions Of E Auction Sale This Bid Application Declaration Along With Terms Conditions Of Online Sale Is A Part Of The Sale Notice Published On December 31 2018 In The Times Of India In English Language And Vartha In Vernacular Telugu Language 1 Brief Particulars Related To Secured Assets Under Sale I A Details Of The Borrower M S Arrdy Engineering Innovations Private Limited Formerly Known As Ardee Technologies Pvt Ltd Having Address At Plot No 1 9 30 4 Siripuram Balaji Nagar Visakhapatnam 530003 Andhra Pradesh India I B Details Of The Guarantor S M S Jyoti Paper Products Through Its Partners 1 Goda Surya Narayan And 2 Goda Jyoti Having Its Registered Address At 9 30 4 Siripuram Balaji Nagar Visakhapatnam 530003 Andhra Pradesh IndiaIi Description Of The Properties Reserve Price And Earnest Money Deposit E M D Properties Belonging To The Guarantor Immovable Property Belonging To M S Jyoti Paper Products All The Pieces Of Land Admeasuring Plot No 31 Measuring 3200 Sq Mts Or 3827 75 Sq Yards In Industrial Park Covered By S No 141 Part Of Edulapaka Bonangi Village Apiic Iala Parwada Mandal Visakhapatnam District In The State Of Andhra Pradesh And Bounded As Under North Plot No 30 South Plot No 32 East 600 Wide Road West Plot No 21 Together With All The Buildings And Structures Thereon And All Plant And Machinery Attached To The Earth Or Permanently Fastened To Anything Attached To The Earth Both Present And FutureE M D 16 3 LakhsReserve Price 1 15 Crore Iii Encumbrances On The Property To The Best Of The Knowledge Not Known To The Bank Or The Authorized Officer Except For A Property Tax Demand Aggregating Rs 2 76 216 00 Iv Outstanding Dues 14 58 25 844 45 Rupees Fourteen Crore Fifty Eight Lakhs Twenty Five Thousand Eight Hundred Forty Four And Forty Five Paise Only Further Interest Liquidated Damages Thereon W E F July 13 2017 Expenses As On December 27 2018 The Outstanding Dues Is 18 43 58 373 85 Rupees Eighteen Crore Fourty Three Lakhs Fifty Eight Thousand Three Hundred And Seventy Three And Eighty Five Paise Only Further Interest Liquidated Damages Thereon W E F December 27 2018 Expenses V Reserve Price For Property As Per The Table Given Above Details Of E AuctionVi E Auction Website Https Eximbank Auctiontiger NetVii Date Of Auction February 04 2019Viii Time Of Auction Between 3 00 Pm To 4 00 Pm With Unlimited Extensions Of 5 Minutes EachIx Mode Of Deposit Of Emd A Through Neft Rtgs Transfer In Favour Of Export Import Bank Of India A C No 911020014367479 With Axis Bank G D Somani Branch Cuffe Parade Mumbai Branch Code Ifs Code Utib0000447 OrB By Way Of Demand Draft Pay Order In Favour Of Export Import Bank Of India Payable At Mumbai At Export Import Bank Of India 21St Floor Centre 1 Building World Trade Centre Complex Cuffe Parade Mumbai 400005 As Mentioned Above The Bidder May Submit Individual Bid For Any Property X Submission Of Online Application For Bid With Emd January 16 2019 10 00 Am OnwardsXi Last Date For Submission Of Online Application For Bid With Emd Till 6 00 Pm On January 30 2019 Xii Date Time For Inspection Of The Properties Title Deeds Of The Property The Physical Inspection Of The Properties And Title Deeds Of The Properties Can Be Done With Prior Intimation To The Bank At Office Premises For Title Deeds On January 04 07 2019 From 11 00 Am To 5 00 Pm And Physical Inspection Of Property On January 08 09 2019 From 1 00 Pm To 5 00 Pm Xiii Bid Multiplier 50 000 Rupees Fifty Thousand Xiv The Sale Of Secured Assets Is On As Is Where Is As Is What Is Whatever There Is And Without Recourse Basis For And On Behalf Of The Secured Creditor Bank Viz Exim Bank A To The Best Of The Knowledge And Information Of The Authorised Officer There Is No Encumbrance Lien Charge Statutory Dues Etc On The Auctioned Property Except For A Property Tax Demand Aggregating Rs 2 76 216 00 The E Auction Advertisement Does Not Constitute And Will Not Be Deemed To Constitute Any Commitment Or Any Representation By Or On Behalf Of The Bank B 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 Which Shall Be Paid By The Successful Bidder Including The Property Tax Amounts Mentioned In Sub Para A Above Xv For Further Details Regarding Physical Inspection Of The Property The Interested Bidders May Contact Ms Poornima Busi Phone No 914023307816 21 Or Mr B Ramesh Babu Phone No 914023379060 Mobile Number 09830041141 During Office Hours 10 00 A M To 6 00 P M

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