Of India ... Of India Karol Bagh Branch, 10184, Arya Samaj Road, Karol Bagh, New Delhi - 110005 Landline:

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    un Un; BankOf India Karol Bagh Branch,

    10184, Arya Samaj Road, Karol Bagh, New Delhi - 110005 Landline: 011-28750003, 28757660, 28750709

    Email: karolbagh@unionbankofindia.com

    [See proviso to rule 8 (6)]

    Sale notice for sale of immovable properties

    E-Auction Sale Notice for Sale of Immovable Assets under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with proviso to Rule 8 (6) of the Security Interest (Enforcement) Rules, Z002

    Notice is hereby given to the public in general and in particular to the Borrower (s) and Guarantor (s) that the below described immovable property mortgaged/charged to the Secured Creditor, the physical possession of which has been taken by the Authorized Offlc i' of Union Bank of India Secured Creditor, will be sold on "As is where is", "As is what is", -.lnd "Whatever there is" on os" May 2019, for recovery of Rs. 1,84,33,041/- due to the union Bank of India, Karol Bagh Branch, New Delhi Secured Creditor from Mr. Madhu Gosw mi (Borrower (s)) and Mr. VishaI Jaitak (Guarantor (s)). The reserve price will be Rs. 96,00,0 .a/- and the earnest money deposit will be Rs. 9,60,000/-.

    (Give short description of the immovable property with known encumbrances, if any)

    First Floor and Ground Floor without roof rights portion of property bearing No.Shakti KHand 1-390/1, Indrapuram Ghaziabad, U.P.

    For details terms and conditions of sale, please refer to the link provided in Secured Creditor's website i.e., www.unionbankofindia.co.in

    Place: New Delhi Date: 04-04-2019

    A~Tl~~~cer Union Bank of India Karol Bagh Branch

    This notice also be treated as notice u/r 8(6) & proviso u/r 9(1) of Security Interest (Enforcement) Rules, 2002 to the borrower/s and guarantor/s of the said loan about the holding of E-Auctlon Sale on the above mentioned date.

  • ~ Union Bc!l!!! Karol bagh Branch,

    10184, Arya Samaj Road, Karol Bagh, New Delhi -110005 Landline: 011-28750003, 28757660, 28750709

    Email: karolbagh@unionbankofindia.com

    TERMS & CONDITIONS Of ONLlNE E- AUCTION SALE -

    1. Description of the immovable Immovable Property being Fi: it Floor

    property to be auctioned Ground Floor without roof rigl. ':s portion property bearing _ No.Shakti KJ and 1-390 Indrapuram Ghaziabad, U.P. an, bounded follows: North-Property No.390 south-Pr pe No.390/2 East-Road 30 Feet wiset.vest-Bacl: ~i Shri Shiv Sanatan Dharam Mandir.

    2. Name of Borrower 1 Mortgagor Mrs. Madhu (Borrower) f.;l') ~'171/ l TO~(f~ Mr. Deepak Goswami & ( .et. » /u Goswami(Mortgagor) -'--

    3. Date and time of Auction 08-05-2019 between 11:00 AM To .2:( ..) P unlimited extension of "5"minutes e eh ·.e t ~e time of e-auction will be extended by'; 1\ inut. time if bid is made within the last 511il utes ,I

    closure of auction. .~- - 4. Reserve Price Rs. 96,00,000/- (Rupees Ninety Six Lac nlv.----- 5. Earnest Money Deposit (EMD) Rs. 9,60,000/- {Rupees Nine Lac Sixty Tf ous-nd c. :I\':---- 6. Last date of submission of bids On or before 07-05-2019 (Tuesday) 5:0( pn-'--- 7. Bid Increment Amount by Rs. 10,000/- (Rupees Ten Thousand onh ) 8. Debt Due with interest and cost Rs. 1,84,33,041/- {Rupees One Crore .igl-tv Fv Jr

    Thirty Three Thousand Forty One~nl/) G:;) on - • 2019 and further interest at contract al rate . c from 01-04-2019.

    1-. ----i 9. Date & Time of inspection of 02-05-2019 (Thursday) between 3:00 P.. 11 tc, 5:0 ,) . property for intending purchasers

    10 Details of encumbrances over the Not Known property, as known to the Bank

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    11. The Property is being sold on "AS IS WHERE IS", "AS IS WHAT IS", "WHATEVl rlERE .5" and "WllHOUT RECOURSEBASIS". As such, sale is without any kind of v I antie & indemnities.

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    12, Particulars of the property/asset (viz, extent & measurements specified in ne ,:-Auction Sale Notice) have been stated to the best of information of the Authorisec Officer and Authorised Officer shall not be answerable for any error, misstatement or orn ssic n. Actual

    extent & dimensions may differ.

    13. E-Auction Sale Notice issued by the Bank is an invitation to the general pub ic to submit their bids and the same does not constitute and will not be deemed to Cl nstitute any commitment or any representation on the part of the Bank. Interested bidder. ar ~advised to peruse the copies of title deeds with the Bank and to conduct own· .pendent enquiries/due diligence about the title & present condition of the property. sets and claims/ dues affecting the property before submission of bid/so

    14. Auction/ bidding shall only be through "online electronic mode" through https://www.bankauctions.in by the service provider M/s 4 closure who shall coordinate the entire process of auction through the e- auction platform.

    15. The, bidders may participate in e-auction for bidding from their place of cho _ connectivity shall have to be ensured by bidder himself. Banks/service provider .,' held responsible for the internet connectivity, network problems, system c -'_ failure etc.

    16. For details, help, procedure and online bidding on e-auction prospective l contact the Service Provider M/s 4 closure Further help Line No. +91-040-23 Mr.Vikas: +91-08142000809, Help Line e-mail ID: vikas@bankau info@bankauctions.in

    website .nge and

    Internet

    II not be I power

    ~ 'crs may J' OS nd o .s.in &

    17. For participating in the e-auction sale, the intending bidders should register'· . details with the service provider M/s 4 closure well in advance and shall get the .r id an password. Intending bidders are advised to change only the password imrne: .t Iy U receiving it from the service provider.

    18. For participating in e-auction, intending bidders have to deposit a refundable l :1, of reserve price by way of RTGS/NEFT/Funds Transfer to the credit c 307901980050000, Union Bank of India, Karol Bagh Branch through UBIN0530794 or by DD/Pay order favouring Union Bank of India, Karol Bagh Bra at New Delhi.

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    19. The intending bidders should submit the duly filled in Bid Form (format avail oi .. in t above website) along with the 00/ PO or quoting the UTR No. of NEFT/RTGS j er .itta towards EMD in a sealed cover addressed to the Authorized Officer, Union B f In Karol Bagh Branch, 10184, Arya Samaj Road,Karol Bagh, New Delhi- 110005 late 105. P.M. on 07-05-2019. The sealed cover should be super scribed with "Bid for part dp.,ting 'r. E-Auction Sale- in the A/C. of Mrs. Madhu Goswami".

  • 20. After expiry of the last date of submission of bids with EMO, Authorised 'Jt er shall

    examine the bids received by him and confirm the details of the qualified bidde .) ( Jho have

    quoted their bids over and above the reserve price and paid the specified E.1C with the

    Bank) to the service provider M/s 4 closure to enable them to allow only tho. ~ dders to

    participate in the online inter se bidding /auction proceedings on the da ~ d time mentioned in E-Auction Sale Notice.

    21. Interse bidding among the qualified bidders shall start from the highest bid q- ot. d by he qualified bidders. During the process of interese bidding, there will be unlimit d (. ten, . on of "5" minutes each, i.e. the end time of e- auction shall be automatically et ended LIS. , Minutes each time if bid is made within 5 minutes from the last extension.

    22. Bids once made shall not be cancelled or withdrawn. All bids made from the USf " i giver to

    bidder will be deemed to have been made by him alone.

    23. Immediately upon closure of E-Auction proceedings, the highest bidder shall cor-firm ie final amount of bid quoted by him BY FAX/ EMAIL both to the Authorised 0 iicl;f, Ur, n Bank of India and to the Service Provider for getting declared as successful bid .er .n th.. E-

    Auction Sale proceedings.

    24. The successful bidder shall deposit 25% of the bid amount (including EMO) la 'est by n .xt

    working day of the sale, being knocked down in his favour and balance 75% of Jid arno. nt

    within 15 days from the date of e-auction by RTGS/NEFT/Funds Transfer to the. 'edlt of I 'c. No: 307901980050000, Union Bank of India, Karol Bagh Branch through IF•.: C Je

    UBIN0530794 or by DD/Pay order favouring Union Bank of India, Karol Bagh Bra ich paya le at New Delhi.

    25. In case of default in payment of above stipulated amounts by the successful bide er /auct cm purchaser within the stipulated time, the sale will be cancelled and the amount c.lreJdy p.. d

    (including EM D) will be forfeited and the property will be again put to sale.

    26. At the request of the successful bidder in writing, the Authorised Officer in !-is t.bsoh, e discretion may grant further time in writing, for depositing the balance of the bie amount ......,

    27. Municipal/ Panchayat Taxes, Society dues, Electricity dues (if any) has to be .alo by t le

    successful bidder only.

    28. Sale Certificate will be issued by the Authorised Officer in favour of the succe.sful bid ~r

    only upon deposit of the entire purchase price/ bid amount.

    29. Applicable legal charges for conveyance, stamp duty, registration charges and oth -r

    incidental charges shall be borne by the auction purchaser.

    30. The Authorized officer may postpone/ cancel the E-Auction Sale proceedi ~s vitho t

    assigning a.ny reason whatsoever. In case the E-Auction Sa