CIRCLE SASTRA RANCHI SOUTH (Address- 5th Floor, Nile Complex, H.B.
Road, Kantatoli, Ranchi - 8324001)
Ph:9910099379, E mail: cs6794@pnb.co.in
AuctionRef Date:05.12.2020
SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES
E-Auction Sale Notice for Sale of Immovable Assets under the Securitisation 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, 2002.
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 constructive/physical/ symbolic possession of which has been taken by the
Authorised Officer of the Bank/ Secured Creditor, will be sold on “As is where is”, “As is what is”, and “Whatever there is” on the date as
mentioned in the table herein below, for recovery of its dues due to the Bank/ Secured Creditor from the respective borrower (s) and
guarantor (s). The reserve price and the earnest money deposit will be as mentioned in the table below against the respective properties.
SCHEDULE OF THE SECURED ASSETS
Lot Name of the Branch Description of the Immovable A) Dt. Of Demand Notice u/s 13(2) of A)Reserve Price (Rs. in Lacss) Date/ Time of E- Details of the
Properties Mortgaged/ Owner‟s SARFESI ACT 2002 Auction encumbrances
Nos Name(mortgagers of B) Outstanding Amount as on_______ known to the
Name of the Account property(ies)) C) Possession Date u/s 13(4) of SARFESI B)EMD
secured
ACT 2002 C) Bid Increase Amount
creditors
D) Nature of Possession
Symbolic/Physical/Constructive
1. CIRCLE SASTRA . A) 20.07.2018/21.07.2018 A)Rs.15.44 Lac 29.12.2020/ Any other
RANCHI SOUTH EM of Residential Flat No-G-B in encumbrances
B) Rs.17270154 (as on 11.A.M. to known to the
M/S SANA BRICKS,M/s. the Name of Md.Abdul Hamid at
04.12.2020) +Further 1.00 P.M. bank-is not
SANA CONSTRUCTION Ground Floor,in Block-B,Super known
& DEVELOPERS and Build Up Area-825 sq.feet.along Interest B)Rs.01.55Lac
MD.ABDUL HAMID with prortionate share of land C) 08.10.2018
MD. ABDUL HAMID C/o and Parking Space at Ground
Amiruddin Sana Floor in Multistoried Building
D) Symbolic Possession
Enclave, Beside "RUSTUM ENCLAVE”being the c) 00.50 lac
Capital Hospital,Khan developer’s allocation
State,Kantatoli, cionstructed over the land
Ranchi having R.S.Plot No-396 & 399,
Pin-834001. Khata No-1, thana no-193, P.S.-
Bariatu, Bariatu Road, Dist-
Ranchi Stands registered in the
name of Mohamad Abdul Hamid
S/O-Md.Abdul Majid
Sale Deed No-1693/1403 dated
12.03.2015
Bounded By:-
North-Car Parking Space
South-Car Parking Space
West-Vacant Land & Gate
East-Corridor & Stairs.
TERMS AND CONDITIONS OF E-AUCTION SALE
1. The sale shall be subject to the Terms & Conditions prescribed in the Security Interest (Enforcement) Rules 2002 and to the following
further conditions.
a. The auction sale will be “online through e-auction” portal http://www.mstcecommerce.com/
2. The intending Bidders/ Purchasers are requested to register on portal (http://www.mstcecommerce.com/) using their mobile
number and email-id. Further, they are requested to upload requisite KYC documents. Once the KYC documents are verified by e-
auction service provider (may take 2 working days), the intending Bidders/ Purchasers has to transfer the EMD amount using online
CIRCLE SASTRA RANCHI SOUTH (Address- 5th Floor, Nile Complex, H.B. Road, Kantatoli, Ranchi - 8324001)
Ph:9910099379, E mail: cs6794@pnb.co.in
mode in his Global EMD Wallet before the e-Auction Date and time in the portal. The registration, verification of KYC documents
and transfer of EMD in wallet must be completed well in advance, before auction.
3. Earnest Money Deposit (EMD) amount as mentioned above shall be paid online through 3 mode
i. i.e. NEFT/ Cash/ Transfer (After generation of Challan from (https://www.mstcecommerce.com/) in bidders Global EMD Wallet. NEFT
transfer can be done from any Scheduled Commercial Bank, however for Cash/ Transfer the bidder has to visit Punjab National Bank
Branch. Payment of EMD by any other mode such as Cheques will not be accepted. Bidders, not depositing the required EMD online,
will not be allowed to participate in the e-auction. The Earnest Money Deposited shall not bear any interest.
4. Platform (https://www.mstcecommerce.com/) for e-Auction will be provided by e Auction service provider M/S MSTC Limited having
its Registered office at 225-C, A.J.C. Bose Road, Kolkata- 700020 (contact Phone & Toll free Numbers 079-41072412/ 411/ 413 or
1800-103-5342). The intending Bidders/ Purchasers are required to participate in the e-Auction process at e-Auction Service
P r o v i d e r ‟s website https://www.mstcecommerce.com/. This Service Provider will also provide online demonstration/
training on e-Auction on the portal.
5. The Sale Notice containing the General Terms and Conditions of Sale is available / published in the following websites/ web page
portal.
a. https://www.ibapi.in
b. https://eprocure.gov.in/epublish/app
c. http://www.mstcecommerce.com/
d. www.pnbindia.in,
6. The intending participants of e-auction may download free of cost, copies of the Sale Notice, Terms & Conditions of e-auction, Help
Manual on operational part of e-Auction related to this e- Auction from e-bikray–IBAPI portal (https://www.ibapi.in).
7. The intending Bidders / Purchasers are requested to register on portal (https://www.mstcecommerce.com/) using their mobile
number and email-id. Further, they will upload the requisite KYC documents. Once the KYC documents are verified by e-auction
service provider (may take 2 working days), the intending Bidders/Purchasers has to transfer the EMD amount using online mode in
his Global EMD Wallet. Only after having sufficient EMD in his Wallet, the interested bidder will be able to bid on the date of e-
auction
8. Bidder’s Global Wallet should have sufficient balance (>=EMD amount) at the time of bidding.
9. During the e-auction bidders will be allowed to offer higher bid in inter-se bidding over and above the last bid quoted and the
minimum increase in the bid amount must be of Rs. 00.50 LAKH_to the last higher bid of the bidders. Ten minutes time will be
allowed to bidders to quote successive higher bid and if no higher bid is offered by any bidder after the expiry of ten minutes to the
last highest bid, the e-auction shall be closed.
10. It is the responsibility of intending Bidder(s) to properly read the Sale Notice, Terms & conditions of e-auction, Help Manual on
operational part of e-Auction and follow them strictly.
a. In case of any difficulty or need of assistance before or during e-Auction process may contact authorized representative of
our e-Auction Service Provider (http://www.mstcecommerce.com/). Details of which are available on the e-Auction portal.
11. After finalization of e-Auction by the Authorized Officer, only successful bidder will be informed by our above referred service
provider through SMS/ email. (On mobile no/ email address given by them/ registered with the service provider).
12. The secured asset will not be sold below the reserve price.
13. The successful bidder shall have to deposit 25% (twenty five percent) of the bid amount, less EMD amount deposited, on the same
day or not later than the next working day and the remaining amount shall be paid within 15 days from the date of auction in the
form of Banker's Cheque/ Demand Draft issued by a Scheduled Commercial Bank drawn in favor of “The Authorized Officer, Punjab
National Bank, A/c (No Lien Imperest A/C 6794002200000013, IFSC-PUNB0679400), Payable at Ranchi. In case of failure to deposit
the amounts as above within the stipulated time, the amount deposited by successful bidder will be forfeited to the Bank and
Authorized Officer shall have the liberty to conduct a fresh auction/ sale of the property & the defaulting bidder shall not have any
claim over the forfeited amount and the property.
14. Payment of sale consideration by the successful bidder to the bank will be subject to TDS under Section 194- 1A of Income Tax Act
1961 and TDS is to be made by the successful bidder only at the time of deposit of remaining 75 % of the bid amount/full deposit of
BID amount.
15. The Authorised Officer reserves the right to accept any or reject all bids, if not found acceptable or to
postpone/cancel/adjourn/discontinue or vary the terms of the auction at any time without assigning any reason whatsoever and his
decision in this regard shall be final.
16. The sale certificate shall be issued in the favour of successful bidder on deposit of full bid amount as per the provisions of the act.
CIRCLE SASTRA RANCHI SOUTH (Address- 5th Floor, Nile Complex, H.B. Road, Kantatoli, Ranchi - 8324001)
Ph:9910099379, E mail: cs6794@pnb.co.in
17. The properties are being sold on ‘AS IS WHERE IS BASIS’ and “AS IS WHAT IS BASIS” and “WHATEVER THERE IS BASIS”
18. The particulars of Secured Assets specified in the Schedule hereinabove have been stated to the best of the information of the
Authorized Officer, but the Authorized Officer shall not be answerable for any error, misstatement or omission in this proclamation.
19. It shall be the responsibility of the bidders to inspect and satisfy themselves about the asset and specification before submitting the
bid. The bidder inspect the property in consultation with the dealing official as per the details provided.
20. All statutory dues/attendant charges/other dues including registration charges, stamp duty, taxes etc. shall have to be borne by the
purchaser.
21. The Authorized Officer or the Bank shall not be responsible for any charge, lien, encumbrances, or any other dues to the Government
or anyone else in respect of properties (E-Auctioned) not known to the bank. The Intending Bidder is advised to make their own
independent inquiries regarding the encumbrances on the property including statutory liabilities, arrears of property tax, electricity
dues etc.
22. The bidder should ensure proper internet connectivity, power back-up etc. The Bank shall not be liable for any disruption due to
internet failure, power failure or technical reasons or reasons/contingencies affecting the e-auctions.
23. It is open to the Bank to appoint a representative and make self bid and participate in the auction. For detailed term and conditions
of the sale, please refer
https://www.ibapi.in https://eprocure.gov.in/epublish/app
http://www.mstcecommerce.com/, www.pnbindia.in,
Ajit Kumar Verma, Authorised Officer
Punjab National Bank, Secured Creditor
Date : 05.12.2020 Place : Ranchi
STATUTORY SALE NOTICE UNDER RULE 8(6) OF THE SARFAESI ACT, 2002
