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2254,Kousalya,3rd Floor,Vinoba Road,1/1ysuru-570005

OR/Auction I 268 I 2Ol8-L9

To:

Date:19.10。 2019Bv Regd Post&Courier

1. Mr. PruthvirajS/o ManjunathNo 329L, Bandekeri Street,Srirangapatna taluhMandya dist.

l.Mr C K ManoharaS/o S Kumar,\/65 RailwayStation Road, RanganathaNagar, Srirangapatna TalulqMandya dist

Dear Sir/Madam,

2.Mr. DeepakS/o Late ManjunathBandikere Street,SriRangapatna TaluhMandya dist

2. P N RaieshwariW/o S Kumar, 1/65 RailwayStation Road, RanganathaNagar, Srirangapatna Taluk,Mandya dist

3.Mrs. P N RajeshwariW/o KumarS,l-f 65, RailwayStation Road, Ranganatha nagar,Srirangapatna Taluk,Mandya dist.

3. N SrinivasaS/o Late Narayana, ChikkaBandikeri Street, SrirangapatnaTaluk, Mandya dist.

Sub: Notice of 15 days for sale of immovable secured assets under RuIe 8 ofthe Security Interest (Enforcement) Rules, 2OO2.

1. corporation Bank, sriRangapatna branch, the secured creditor,caused a demand notice dated 15.11.2017 under Section 13(2) of theSecuritisation and Reconstruction of Financial Assets and Enforcementof Security Interest Act 2OO2, calling upon I. [1) Mr Pruthviraj (Z) Mr Deepak& [3) Mrs. P N Rajeshwari, Borrower/ Guarantor to the loan Account No560536000093153 to pay the dues within the time stipulated therein. Since youfailed to comply with the said notice within the period stipulated, theAuthorised Officer, has taken possession of the immovable securedassets under _Section 13(a) of the Act read with Ruie 8 of SecurityInterest (Enforcement) Rules, 2oo2. possession notice dated06.03.2018 issued by the Authorised Officer, as per appendix IV to theSecurity Interest (Enforcement)) Rules,2OO2 was detivered to you andthe same was also affixed to the properties mortgaged with the

-Secured

Creditor, apart from publication of the sarne in newspapers. Please notethat you were informed about your right to redeem the property withinthe time available under Section 13(8) of SecuritiZation andReconstruction of Financial Assets and Enforcement of Security InterestAct,2OO2, which you have tailed to honour .

岬 Telephone :

貧―

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E―MJ!:cL88120corDbank co in

0821-2526504-05

赫 Websle:__cOrobank com

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Corporation Bank(A PGmld Public SGdor B.nk)

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qiqfrt +Tqfilq-tq52254, +t{rqr, dtr<r re, ffi+r ts, +q6-57ooo5Zonal Office-Mysore2254, Kousalya,3"d Floor, Vinoba Road, Mysuru-570005

2. Corporation Bank, SriRangapatna branch, the secured creditor, caused ademarrd notice dated 12.07.2o^18 under Section 13(2) of the Securitisationand Reconstruction of Financial Assets and Enforcement of Security InterestAct 2OO2, calling upon I. (1) Mr C K Manohar (2) Mrs P N Rajeshwari & (3) Mr. NSrinivasa , , Borrower/ Guarantor to the loan Account No 560361000023853 to pay the

dues within the time stipulated therein. Since you failed to comply with the saidnotice within the period stipulated, the Authorised Officer, has takenpossession of the immovable secured assets under Section 13(a) of the Actread with Rule 8 of Security Interest (Enforcement) Rules, 2OO2. Possessionnotice dated 28.Ql9.2018 issued by the Authorised Officer, as per appendixIV to the Security Interest (Enforcement)) Rules, 2OO2 was delivered to youand the sarne was also affixed to the properties mortgaged with the SecuredCreditor, apart from publication of the sarne in newspapers. Please note thatyou were informed about your right to redeem the property within the timeavailable under Section 13(8) of Securitization and Reconstruction ofFinancial Assets and Enforcement of Security Interest Act, 2OO2, which you

have failed to honour.

3. As you have failed to clear the dues of the secured creditor, the immovable.."rrld assets that have been taken possession by the Authorised officer,will be sold by holding public E-auction on 06.11.2OL9 by inviting Bids from

the public through oniine on https: / /bankauctions.in.

4. you are also requested to ensure participation by parties interested inbuying the immovable secured assets in the sale as proposed above.

5. A copy of the terms of sale is enclosed for your reference. Please note thatthe Aucli,on will be conducted through E-Auction mode on the date and timementioned in the enclosed terms of sale.

Place : MysoreDate: 19.10.2019

Encl: Terms of sale

AUTHORISED OFFICERCORPORATION BANK

岬 丁elephone :

貴―■マE―MJI:cb88120∞ rDbank Co h

0821‐2526504-05

-WebSte._corobank com

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C●FpOratlon Bank

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ffr{+Tqt{q-tw2254, +tcrqr, fft<r q-q, ffi4v ns, frqs-570005Zonal Office-Mysore2254, Kousalya,3'd Floor, Vinoba Road, Mysuru-570005

TERMS AND CONDITIONS OF SALE OFIMMOVABLE SECURED ASSETS:

1. Name and address ofthe Borrower andGuarantor

I Loan account number: 5605360000931531. Mr. Pruthviraj I Borrower]S/o Manjunath, No 3297,Bandekeri Street,SriRangapatna Taluk, Mandya dist

Z.Nlr. Deepak I Guarantor]S/o Late Manjunath, Bandikere Street,SriRangapatna Taluh Mandya Dist

3.Mrs. P N Raieshwari I Guarantor]VV/o Kumar S,7f 65, Railway Station RoadRanganathaNagar, SriRangapatna Taluk, Mandya dist

II Loan Account Number: 5603610000238534. Mr C K Manohara I Borrower]S/o S Kumar,l/65 Railway Station RoadRanganatha Nagar Srirangapatna Taluk, Mandya dist

5. P N Raieshwari I Guarantor]W/o S Kumar, 1/65 Railway Station RoadRanganatha Nagar, Srirangapatna Taluh Mandy dist

6. N Srinivasa I Guarantor]S/o Late Narayana, Chikka Bandikeri StreetSrirangapatna Taluk, Mandya dist

2. Name and address ofthe Secured Creditor :

Corporation Bank,No 31 Bharani,Opp KEB office,B M Road′SriRangapatna.Ph:08236‐ 252676

3. Description of immovable secured assets to be SoldFree Hold Right of All that piece & parcel of Residential building at site bearing no S-34/1,31/7 Railway station Road, SriRangapatna , Mandya Dist. Measuring East to west50 feet, North to south 27 Yztotal 1375 sq feet.Bounded by: North: House of Alvaraiah, South: property of c S Subramanya ,

East: Govt Property IZP compound], West: Road,4.The details ofencumbrances, if anyknown to the SecuredCreditor

NIL

5. Last date forsubmission of EMD

On or before 05.11.2019 bcforc 5。 00 PM

硼 Telephone :

キ` E‐Mゴl:cb88120corobank∞ h

0821-2526504-05

-Websne:__corDbank Com

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Gorporation Bank(A Prsi* Puulc S.do. Be*)

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6. Date & Time of auction 06.1I".2019 (with 10 min unlimited autoextensions) E-auction website-https: / /bankauctions.in

7.The secured debt for therecovery of which theimmovable secured assetis to be sold:

Mr.Pruh宙 raj

560536000093153MrC K Manohar560361000023853

Total

Rs. 3,18,785/-as on 30.09.2019(plus int &charges debitedturther)

Rs。 17,54,772/‐

ason 30.09。2019plus int&chargesdebited further〕

20,73,557/‐

plus int&chargesdebited hrther)

S.Reserve price for theproperties below whichthe immovable propertymay not be sold:

Rs. 5O,OO,OOO I - ( Rupees Fifty LakhThousand Only )

9. The intending bidder shall deposit with the Authorised Officer an amountequivalent to 10% of reserve price by way of Earnest Money Deposit in theaccount of Authorised Officer, Corporation Bank, lSriRangaPatna Branch),by Demand Draft or NEFT/RTGS or through Internet payment to accountNo. (510101OO15 L267Sl and IFSC code-CORPOOO3Os3,simultaneously bidder has to submit the e-bid form available on

https://bankauctions.in website/ before the date and time mentionedabove and shal.l obtain written receipt thereof from the branch/AuthorisedOfficer. The intending bidders shali mention the property Item i.e. For whichthe EMD has been tendered.1O. Full narne and address of the bidder with their identity proof and PAN cardhas to be furnished while fitling up the e-bid form on E-Auction Agency'swebsite. https: / /bankauctions.in11. Bank, the Secured Creditor, reserves the right to accept / reject the highestbid without assigning any reason thereof or to cancel the sale.

L2. ln case of bidding the same shall not be less than Rs. 25,OOO I - in excessof highest bid amount or the immediate preceding bid, as the case may be withmultiple increment va,lue of Rs. 25,OOO|-13. The sale will be confirmed in favour of the highest bidder and theconfirmation of sale shall be subject to the confirmation by the SecuredCreditor. In case of single bid received, the sole bidder shall be declared as thesuccessful bidder.13.1 Bids once made shall not be cancelled or withdrawn.

14. The successful bidder so declared by the Authorised Officer shall depositof the Sale Price (inclusive of EMD) in Cash/DD/RTGS/NEFT/Internet

/Cheque subject to realisation, immediately on the sale day or not later聯 心t worttng dtt and the bdance 75%ofthe Sde Price on or bebre 15th

|ろけipF・づo、flrmati?,olSale or within such extended period as agreed upon inwritir,rg exceeding 3 months.

qfarV Telephone :

t-tq r-rv"it : cb88'l 2@corobank.co.in

0821‐2526504‐05

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WebJte:__corDbank Com

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14.1 In case of failure to participate in the auction by logging into the onlinebidding portal or in the event of failure of the successful bidder to tender 257o(15%+EMD), of the sale price as per the terms of Sale, the EMD deposited byhim shall be forfeited to secured creditor and the bid accepted shall standcancelled automatically.15. In default of pa5rment of balance arnount of purchase price before 15 daysfrom the date of confirmation of sale by the Secured Creditor or such extendedperiod as may be mutually agreed upon between the parties (not exceeding 3months) the deposit of 25%o of the amount of sale price made shall be forfeitedand the property shal.l forthwith be sold again and the defaulting purchasershall forfeit all claim on the property or to any part of the sum for which it maybe subsequently sold.16.onconfirmationofsa1ebythesecuredcreditora.'dryhave been complied with by the successful tenderer / bidder, the AuthorisedOfficer shall issue a certificate of sale of immovable property in favour of thepurchaser in Appendix-V to the Security Interest (Enforcement) Rules, 2002.17. The Authorised Officer ffiay, where the propertryencumbrances, if he thinks lit, allow the purchaser to deposit with him themoney required to discharge the encumbrances and any interest due thereontogether with such additional amount that may be sufficient to meet thecontingencies or further costs, expenses and interest as may be determined byhim.18. On such deposit of money for discharge of eOfficer may issue or cause the purchaser to issue the notices to the personsinterested in or entitled to the money deposited with him and take steps to makethe payment accordingly19. Legal charges for conveyance, stamp dutyapplicable will be borne by the successful bidder,

and registration charges as

2O. The Authorised Officer will deliver thePossession taken to the purchaser free from encumbrances, known to theSecured Creditor on deposit of money by the purchaser towards the dischargeof such encumbrances.21. The certificate of sale *purchaser has purchased the immovable/movable secured assets free from anyencumbrances known to the secured creditor or not.22.The unsuccessful Bidders wthe same refunded without any interest immediately after the confirmation ofsale by the Authorised officer in favour of successful bidder.29.If the Borrower were to pay to the authwith the up-to-date expenses including the expenses in taking possession andconducting the sale, to the secured creditor before e-Auction, the sale by Eauction may be cancelled by the Authorised Officer.24. The above movable/i-mist', "As is what is" and "whatever there is, condition.

W Telephone :キ` E― Mゴ |:cb88120combank co m

0821-2526504-05

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24.1 The Sale shall be subject to the outcome of SA No:..... /.. ... . pending before -nil

25. The intending bidders ffiay, if they choose, after taking prior appointmentfrom the Authorised Officer, inspect the immovable/movable secured assets tobe sold before the date of E-Auction.26. The entire sale consideration shall be exclusively available for appropriationtowards dues to the Bank and it is exclusive of encumbrances of all statutorydues and other dues if any, all of which have to be paid I settled by the proposedpurchaser out of his own sources.22. 1he n-auction will be conducted through portal https://bankauctions.in on

06.11.2O19 with unlimited extension of 10 Min. The intending bidder is required toregister their name at M/s 4closure Hyderabad, and get user ID and password free

ofiost and get training / on-line training on E-Auction from M/s 4closure Hyderabad(Contact No. OB14,OOOO6Ll66, Land Line: 040-23836405 ),Email id:;info@bankauctions. in & subbarao@.b44lraUct!94sin

onandKnowledgeoftheAuthorisedofficer,thereisnoencumbrance on the property. However the intending bidders should make their own

independent enquiry r.g.rdi.rg the encumbrances, title of the property put on auction and the

claims / rightsi dues -affecting the property, prior to submitting their bid. The E Auctionadvertisement does not constitute and will not be deemed to constitute any commitment or any

representation of the Bank to sell the property and the Authorised Officer has right to cancel

thl auction without assigning any reason. The Authorised Officer/ Secured Creditor shall notbe responsible in any way for any third party claims/rights/dues'

Place:MysOreDate:19e10。2019 AUTHORISEI

CORPORATION BANK

岬 Telephone :

貴̈｀ E―Mall:cb88120corobank co in

0821-2526504‐ 05

-WebSne:_呻cOrDbank Com

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