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State Bank of India › documents › 39129 › 114691 › 01102019_Shree... · 2019-11-07 ·...

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THE TERMS AND CONDITIONS OF SALE TO BE UPLOADED ON THE WEBSITE OF THE SECURED CREDITOR. Property will be sold on 'AS lS WHERE lS, AS lS WHAT lS AND WHATEVEBTHERE lS" basis 1 Name and address of the Borrower Shree Bankey Behari Exports Limited Regd. Office: 2647, Naya Bazar, Delhi-110006 2 Name and address of Branch, the secured creditor State Bank of lndia Stressed Assets Management Branch-ll Delhi Branch Code: 50950 3 Complete Description of the immovable secured assets to be sold Factory Land & Building admeasuring 20250 sq mtrs at Plot No. 2253-2257 , Phase-ll, Food park, HSIDC lnduskial Estate, Rai, Sonepat in name of Shree Bankey Behari Exports Limited along with Plant and Machinery on above location 4 Details of the encumbrances known to the secured creditor. Nit 5 The secured debt recovery of which property is to be sold for the Rs.648,43,85,543.75 as per Demand Notice issued on 01.05.2017 6 Deposit of earnest money EMD being the 10% of Reserve price to be remitted by RTGS / NEFT to the Bank account or Demand Draft draw in favour of SBI account (unit name) Name of the Branch drawn on any Nationalised or Scheduled Bank Factory Land & Building with Plant & Machinery: Land & Building: Plant & Machinery: Rs.595.00 Lacs Rs.424.60 Lacs Rs.'170.40 Lacs 7 Reserve price of the immovable secured assets: Bank account in which EMD to be remitted. Last Date and Time within which EMD to be remitted: Factory Land & Building with Plant & Machinery: Rs.59.50 Cr Land & Building: Rs.42.46 Cr Plant & Machinery: Rs.17.04 Cr A,/c No.: 65156762491 IFSC: S81N0017891 Bank: State Bank of lndia Address: SAMB-Il, 11 th Floor, Jawahar Vyapaar Bhawan, 'l Tolstoy Marg, New Delhi-110001 Time : 4:00PM Date : 09.10.20'19 8 Time and payment manner of The successful bidder shall deposit 25% of sale price, after adjusting the EMD already paid, immediately, i.e. on the same day or not later than next working day, as the case may be, after the acceptance of the offer by the Authorised Officer, failing which the earnest money deposited by the bidder shall be forfeited. The Balance 75o/o ol lhe sale pnce is payable on or before the 'lsth day of confirmation of sale of the secured asset or such extended period as may be agreed upon in writing between the Secured Creditor and the e-Auction purchaser not exceeding three months from the date of e- Auction 1'1.10.2019. I Time and place of public e- Auction or time after which sale by any other mode shall be completed. 12:00 Noon to 01:00 PM with unlimited extensions of 5 minutes each. Date:l1.10.2019 Place: New Delhi 10 The e-Auction will be conducted through the Bank's approved service provider. M/s C1 lndia Pvt. Ltd. at the web portal https://w!vw. ban keauctionqqem OF
Transcript
Page 1: State Bank of India › documents › 39129 › 114691 › 01102019_Shree... · 2019-11-07 · Created Date: 9/30/2019 5:06:35 PM

THE TERMS AND CONDITIONS OF SALE TO BE UPLOADED ON THE WEBSITE OF THESECURED CREDITOR.

Property will be sold on 'AS lS WHERE lS, AS lS WHAT lS AND WHATEVEBTHERE lS" basis

1 Name and address of theBorrower

Shree Bankey Behari Exports LimitedRegd. Office: 2647, Naya Bazar, Delhi-110006

2 Name and address ofBranch, the securedcreditor

State Bank of lndiaStressed Assets Management Branch-ll DelhiBranch Code: 50950

3 Complete Description of theimmovable secured assetsto be sold

Factory Land & Building admeasuring 20250 sq mtrs at PlotNo. 2253-2257 , Phase-ll, Food park, HSIDC lnduskial Estate,Rai, Sonepat in name of Shree Bankey Behari ExportsLimited along with Plant and Machinery on above location

4 Details of theencumbrances known tothe secured creditor.

Nit

5 The secured debtrecovery of whichproperty is to be sold

forthe

Rs.648,43,85,543.75 as per Demand Notice issued on01.05.2017

6 Deposit of earnest money EMD being the 10% of Reserve price to be remitted by RTGS/ NEFT to the Bank account or Demand Draft draw in favourof SBI account (unit name) Name of the Branch drawn on anyNationalised or Scheduled BankFactory Land & Building with Plant &Machinery:Land & Building:Plant & Machinery:

Rs.595.00 LacsRs.424.60 LacsRs.'170.40 Lacs

7 Reserve price of theimmovable secured assets:

Bank account in whichEMD to be remitted.

Last Date and Time withinwhich EMD to be remitted:

Factory Land & Building with Plant & Machinery:Rs.59.50 Cr

Land & Building: Rs.42.46 CrPlant & Machinery: Rs.17.04 Cr

A,/c No.: 65156762491IFSC: S81N0017891Bank: State Bank of lndiaAddress: SAMB-Il, 11 th Floor, Jawahar Vyapaar Bhawan, 'l

Tolstoy Marg, New Delhi-110001

Time : 4:00PM Date : 09.10.20'19

8 Time andpayment

manner of The successful bidder shall deposit 25% of sale price, afteradjusting the EMD already paid, immediately, i.e. on the sameday or not later than next working day, as the case may be,after the acceptance of the offer by the Authorised Officer,failing which the earnest money deposited by the bidder shallbe forfeited. The Balance 75o/o ol lhe sale pnce is payable onor before the 'lsth day of confirmation of sale of the securedasset or such extended period as may be agreed upon inwriting between the Secured Creditor and the e-Auctionpurchaser not exceeding three months from the date of e-Auction 1'1.10.2019.

I Time and place of public e-Auction or time after whichsale by any other modeshall be completed.

12:00 Noon to 01:00 PM with unlimited extensions of 5minutes each.Date:l1.10.2019Place: New Delhi

10 The e-Auction will beconducted through theBank's approved serviceprovider.

M/s C1 lndia Pvt. Ltd. at the web portal

https://w!vw. ban keauctionqqem

OF

Page 2: State Bank of India › documents › 39129 › 114691 › 01102019_Shree... · 2019-11-07 · Created Date: 9/30/2019 5:06:35 PM

e-Auction tenderdocuments contain ing e-Auction bid form,declaration etc., areavailable in the website ofthe service provider asmentioned above.

11 (i) Bid increment amount:

(iii) Bid currency & unit ofmeasurement

Rs.1.00Lac

Un-limited extensions of 5 minutes each

lndian RupeeUpto one rupee

12 Date and Time duringwhich inspection of themovable assets to be soldand intending biddersshould satisfy themselvesabout the assets and theirspecification.Contact person with mobilenumber

Date:05.10.2019 Time: 11:30AM to 3:00 PM

Name: SHALINI SHARMAMobile No. 9560045108

Other conditions (a) Bidders shall hold a valid digital Signature Certificateissued by competent authority and valid email lD (e -mail lD isabsolutely necessary for the intending bidder as all therelevant information and allotment of lD and Pass word byM/s Cl lndia Pvt. Ltd. (vendor name) may be conveyedthrough e mail.(b) The intending bidder should submit the evidence of EMDdeposit like UTR number along with Request letter forparticipation in the e-Auction, self-attested copies of (i) Proofof ldentification(KYc) Viz lD card/Driving Licence/Passportetc., (ii) Current Address -proof of communication, (iii) PANcard of the bidde(iv) valid e-mail lD, (v) contactnumbe(mobile/Land Line) of the bidder etc., to the Authorisedofficer of State Bank Of lndja, Stressed Assets ManagementBranch-ll Delhi by 09.10.2019 and 04:00 PM time. Scannedcopies of the original of these documents can also besubmitted to e-mail ld of Authorised Officer.(c) Names of Eligible Bidders will be identified by the StateBank of lndia Stressed Assets Management Branch-ll Delhi toparticipate in online e-Auction on the Portalhttps://www. bankeauctions.com (name of the vendor) who willprovide User lD and Password after due verification of PAN ofthe Eligible Bidders(d) The successful bidder shall be required to submit the flnalprices, quoted during the e-Auction as per the annexure afterthe completion of the e-Auction, duly signed and stamped astoken of acceptance without any new condition other thanthose already agreed to before start of e-Auction.(e) During e-Auction, if no bid is received within the specifiedtime, State Bank of lndia at its discretion may decide to reviseopening price / scrap the e-Auction process / proceed withconventional mode of tendering.(f) The Bank / service provider for e-Auction shall not haveany llability towards bidders for any interruption or delay inaccess to the site irrespective of the causes.(g) The bidders are required to submit acceptance of theterms & conditions and modalities of e-Auction ado the

OF

(ii) Auto extension: times.(limited / unlimited)

Page 3: State Bank of India › documents › 39129 › 114691 › 01102019_Shree... · 2019-11-07 · Created Date: 9/30/2019 5:06:35 PM

service provider, before participating in the e-Auction.(h) The bid once submitted by the bidder, cannot becancelled/withdrawn and the bidder shall be bound to buy theproperty at the final bid price. The failure on the part of bidderto comply with any of the terms and conditions of e-Auction,mentioned herein will result in forfeiture of the amount paid bythe defaulting bidder.(i) Decision of the Authorised Officer regarding declaration ofsuccessful bidder shall be final and binding on all the bidders.(j) The Authorised Officer shall be at liberty to cancel the e-Auction process / tender at any time, before declaring thesuccessful bidder, without assigning any reason.(k) The bid submitted without the EMD shall be summarilyrejected. The property shall not be sold below the reserve

(l) The conditional bids may be treated as invalid. Please notethat after submission of the bid/s, no correspondenceregarding any change in the bid shall be entertained.(m) The EMD of the unsuccessful bidder will be refunded totheir respective A/c numbers shared with the Bank. Thebidders will not be entitled to claim any interest, costs,expenses and any other charges (if any).(n) The Authorised Officer is not bound to accept the highestoffer and the Authorised officer has absolute right to accept orreJect any or all offe(s) or adjourn/postpone/cancel the e-Auction without assigning any reason thereof. The sale issubject to conflrmation by the secured creditor.(o) ln case of forfeiture of the amount deposited by thedefaulting bidder, he shall neither have claim on the propertynor on any part of the sum for which it may be subsequentlysold.(p) The successful bidder shall bear all the necessaryexpenses like applicable stamp duties / additional stamp duty/ transfer charges, Registration expenses, fees etc. fortransfer of the property in his/her name.(q) The payment of all statutory / non- statutory dues, taxes,rates, assessments, charges, fees etc., owing to anybodyshall be the sole responsibility of successful bidder only.(r) ln case of any dispute arises as to the validity of the bid (s),amount of bid, EMO or as to the eligibility of the bidder,authority of the person representing the bidder, theinterpretation and decision of the Authorised Officer shall befinal. ln such an eventuality, the Bank shall in its solediscretion be entitled to call off the sale and put the property tosale once again on any date and at such time as may bedecided by the Bank. For any kind of dispute, bidders arerequired to contact the concerned authorised officer of theconcerned bank branch only.(s) The sale certificate shall be issued after receipt of entiresale consideration and confirmation of sale by securedcreditor. The sale certificate shall be issued in the name ofthesuccessful bidder. No request for change of name in the salecertificate other than the person who submitted thebid/ artici ated in the e-Auctron will be entertained

Date: 25.09.2019

Place: DELHI AUTHORISED OFFICERSTATE BANK OF INDIA

SAMB-Il Delhi 50950


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