VIJAYA BANK
Tel No.:
(A Govt. of India Undertaking)
01765253600
Opposite Bus Stand, G.T.Road
Mandi Govindgarh, Fatehgarh Sahib Dist. Punjab PIN-147301.
e-mail:[email protected].
E-AUCTION SALE NOTICE
Notice is hereby given to the public in general and to the Borrower/s and Guarantor/s in particulars by
the Authorised Officer, that the under mentioned property mortgaged to Vijaya Bank, taken under
possession under the provisions of Section13(4) of the Securitization and Reconstruction of Financial
Assets and Enforcement of Security Interest Act, 2002, will be sold by E-Tender cum Auction on “ as is
where is and as is what is basis” as mentioned below for recovery of under mentioned dues and further
interest, charges and cost etc, as detailed below.
This is a notice to the Borrower/s and to the Guarantor/s of the below said loan about the holing of EAuction sale on the below mentioned date, if their outstanding dues are not repaid in full.and further
interest, charges and cost etc, as detailed below.
This is a notice to the Borrower/s and to the Guarantor/s of the below said loan about the holing of EAuction sale on the below mentioned date, if their outstanding dues are not repaid in full.
Name of Borrower and Guarantors
Borrower:1. M/s Shree Navdurga Enterprises
Proprietor Sh Hemant Kapil S/o Sh Mukesh Kapil
Shop No 281, Sector 3 C, Loha Bazar Mandi Gobindgarh.
Guarantors: 1. Sh Mukesh Kapil S/o Sh Lachman Dass (Mortgagor and Guarantor)
R/o H no 292, Sector 24 A street no 2, New Model colony Mandi Gobindgarh
2. Sh Ravi Kumar S/o Sh Labhu Ram (Mortgagor and Guarantor)
R/o H no 98, Visgi Chand colony, village Mugal Majra, Mandi Gobindgarh
Amount Due: Rs 3625621/-( Thirty Six Lakhs Twenty five Thousand Six Hundred and
Twenty One only) as on 01.07.2015 and interest and other charges thereon
Date and Time of Auction
06/04/2017 between 11.00 A.M. and 12.00 Noon with
unlimited extension of “10”mintues i.e. the end time of
e-auction will be extended buy 10 minutes each time if
bid is made within the last 10 minutes before closure of
auction
Reserve Price
Property No 1. Rs. 21,00,000/-(Rs. Twenty One Lakhs
only)
Property No 2. Rs. 12,00,000/- ( Rs. Twelve Lakhs Only)
Earnest Money Deposit & last date & Property No 1. 2,10,000/- ( Rs. Two Lakhs Ten
time of Submission of Bid
Thousand only)
Property No 2. Rs. 1,20,000/- ( Rs. One Lakh Twenty
Thousand only)
On or Before 04/04/2017 upto 04:00 pm
Bid Increment Amount
Rs. 10,000/- ( Rs. Ten Thousands only)
Date of Inspection of property for 24/03/2017 & 04/04/2017
intending purchasers
SCHEDULE OF THE PROPERTY
PROPERTY NO 1 Owned by Mukesh Kapil s/o Sh Lachhman Dass
All that the piece and parcel of land & building comprising of Ground, First & Second Floor situated at
House No 292, Sector 24A, Model Colony, Aery Mill Road, Mandi Gobindgarh Distt Fetahgarh Sahib, as
per Deed No 1728 dated 01.03.1994
Bounded as Under:
North: House of Sh Sham Lal- 48’-6”
South: House of SmtNeelam Rani- 48’-6”
East: House of SmtManjit Kaur-19’-6”
West: Street 20’ wide
PROPERTY NO 2 Owned by Sh Ravi Kumar S/o ShLabhu Ram
All that the piece and parcel of land & building measuring 5 Marlas situated at Vidhi Chand Colony, Back
Side IDBI Bank, Mandi Gobindgarh Distt Fetahgarh Sahib, as per Deed No 1875 dated 13.12.2004
Bounded as Under:
North: Vacant Plot- 56’-0”
South: Plot of owner- 56’-0”
East: Plot of Amarjit-25’-0”
West: Street- 25’-0”
STATUTORY 15 DAYS SALE NOTICE UNDER SARFAESI ACT
The Borrower/Guarantors are hereby notice to pay the sum mentioned above within 15 days from the date of
publication of this notice failing which the Bank shall sell the property as the provision laid down in the SARFAESI ACT,
2002.
Terms and conditions of Sale:
 Auction/bidding shall only be through “online electronic mode” through the
website of the Service Provider https://vijayabank.auctiontiger.net is the Service
Provider to arrange e-auction platform.
 The bidders may participate in e-auction for bidding from their place of choice
internet connectivity shall have to be ensured by bidder himself. Bank/Service
Provider shall not be held responsible for the internet connectivity, network
problems, system crash down, power failure etc.
 For details, help, procedure and online training on e-auction prospective
bidders may contact the Service Provider viz M/s. E-Procurement
Technologies Limited (AuctionTiger), TollFree no: 1800 103 5342
Contact Person Kushal Kothary-9978591888, Sachin Sharma–
9988137576.Email
Id:
[email protected] .
[email protected]
,
 Bidders
are
advised
to
go
through
the
website
http://vijayabank.auctiontiger.net for detailed terms and conditions of auction
sale before submitting their Bids for taking part in the e-auction sale
proceedings.
 For participating in e-auction sale the intending bidders should register their
details with the Service Provider M/s. E-Procurement Technologies
Limited (AuctionTiger), well in advance and get the User ID and password.
Only the password may be changed on receiving it.
 Last date of submission of EMD & KYC Documents is 04.04.2017 to the specified
branch.
 The property “SHALL NOT”be sold below the reserve price i.e. Property No 1
Rs. 21,00,000/-( Rs Twenty One Lakh only) & property No 2 Rs. 12,00,000/( Rs. Twelve Lakh only).
 The successful bidder should deposit 25% of the bid amount (including EMD)
on the same day of the sale, being knocked down in his favor and balance
75% of bid amount within 15 days after the sale date by RTGS/NEFT/Funds
Transfer to the credit of A/C No. 751400301000548 Vijaya Bank, Mandi
Gobindgarh Branch through IFSC Code “VIJB0007514 “or by Demand
Draft/Pay Order in favor of Vijaya Bank, Mandi Gobindgarh Branch payable at
Mandi Gobindgarh.
 In case of default in payment at any stage by the successful bidder/auction
purchaser within the stipulated time as stated above the sale will be cancelled
and the amount already paid will be forfeited and the property will be again
put to sale.
 The successful bidder shall bear the charges payable for Stamp duty,
Registration fee, conveyance, etc., as applicable in related laws.
 The property is being sold on “AS IS WHERE IS & AS IS WHAT IS BASIS”
and subject to conditions prescribed in the Securitisation and Reconstruction
of Financial Assets and Enforcement of Security Interest Act, 2002.
 Bids once made shall not be cancelled or withdrawn. All bids made from the
user ID given to bidder will be deemed to have been made by him only.
 Prospective bidders are advised to peruse the copies of Title deeds with the
Bank and verify the latest Encumbrance Certificate and other
Revenue/Municipal records to exercise due diligence and satisfy themselves
on the Title and Encumbrances, if any over the property.
 All bidders shall be deemed to have read and understood the terms and
conditions of sale and be bound by them.
 The Authorised Officer may postpone/cancel the e- Auction without assigning
any reason thereof.
 In case the e-Auction scheduled is postponed to a date before 15 days from
the scheduled date of sale, it will be displayed on the website of the Service
Provider.
Note: The intending bidders may contact the Authorised Officer, Vijaya Bank,
Mandi GobindgarhBranch, for ascertaining the details of property and also for
inspection of property on the date fixed by the Bank (Contact No.01765-253600,
Email ID: [email protected] )
Date: 18.03.2017
Authorised Officer
Vijaya Bank,Mandi Gobindgarh Branch