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Rajasthan TNC

This document outlines the terms and conditions for a public e-auction of immovable properties mortgaged to ORIX Leasing & Financial Services India Ltd., scheduled for February 23, 2024. Interested bidders must submit their Earnest Money Deposit (EMD) and required documents by February 22, 2024, and the auction will be conducted on an 'AS IS WHERE IS' basis. The document also details property descriptions, reserve prices, and bidding procedures, emphasizing the need for bidders to conduct their own due diligence before participating.

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0% found this document useful (0 votes)
12 views5 pages

Rajasthan TNC

This document outlines the terms and conditions for a public e-auction of immovable properties mortgaged to ORIX Leasing & Financial Services India Ltd., scheduled for February 23, 2024. Interested bidders must submit their Earnest Money Deposit (EMD) and required documents by February 22, 2024, and the auction will be conducted on an 'AS IS WHERE IS' basis. The document also details property descriptions, reserve prices, and bidding procedures, emphasizing the need for bidders to conduct their own due diligence before participating.

Uploaded by

avinashh8891
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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TERMS AND CONDITIONS OF PUBLIC AUCTION

PUBLIC NOTICE FOR E-AUCTION FOR SALE OF IMMOVABLE PROPERTIES


LAST DATE & TIME OF SUBMISSION OF EMD AND DOCUMENTS (ONLINE) ON/BEFORE 22-02-2024 UPTO 05.00 PM

Sale of immovable property/ies mortgaged to ORIX Leasing & Financial Services India Ltd. under Securitization and Reconstruction of Financial Assets and
Enforcement of Security Interest Act, 2002 (No.54 of 2002)

Whereas, the Authorized Officer of ORIX Leasing & Financial Services India Ltd. has taken possession of the following property/ies pursuant to the notice issued
under Section 13(2) of the Security Interest (Enforcement) Rules 2002 in the following loan account with right to sell the same on “AS IS WHERE IS BASIS and AS
IS WHAT IS BASIS” for realization of ORIX Leasing & Financial Services India Ltd.’s dues plus interest as detailed hereunder and whereas consequent upon failure
to repay the dues, the undersigned in exercise of power conferred under Section 13(4) of the said Act proposes to realize the Bank’s dues by sale of the said
property/ies. The sale will be done by the undersigned through e-auction platform provided at the Web Portal (https://www.bankeauctions.com/). The sale is
scheduled on 23-02-2024 from 11:00 AM to 01:00 PM.

DESCRIPTION OF IMMOVABLE / MOVABLE PROPERTIES

NAME OF THE BORROWERS AND CO- DETAILS OF PROPERTY RESERVE PRICE


BORROWERS (INR)
OUTSTANDING AMOUNT EMD
DEMAND NOTICE DATE BID INCREASE AMOUNT
 KAILASH CHAND MEENA HOUSE/P.NO.3/300, SITUATED AT MALVIYA NAGAR SCHEME, JAIPUR, RESERVE PRICE - INR 87,00,000/-
 ANJU DEVI MEENA RAJASTHAN-30201, ADMEASURING 90.00 SQ. MTSR. AND BOUNDED AS:- (RUPEES EIGHTY SEVEN LAC ONLY)
EAST: HOUSE NO. 3/280
 M/S SATISH KIRANA STORE
WEST: ROAD
NORTH: HOUSE NO. 3/299
INR 2,28,35,158.11/- AS ON 30-11- EARNEST MONEY DEPOSIT 10% - INR
SOUTH: HOUSE NO. 3/201
2023 8,70,000/- (RUPEES EIGHT LAC
SEVENTY THOUSAND ONLY)
DEMAND NOTICE DATE: 09-05-2019 BID INCREMENT AMOUNT - INR
50,000/- (RUPEES FIFTY THOUSAND
ONLY)

 FANDAN CALL AND DATA PVT. HALL/OFFICE NO. SF-1 & SF-2, HAVING DIMENTION TOTAL SALEABLE AREA RESERVE PRICE - INR 2,50,00,000/-
LTD. 6201.57 SQ. FT. (SF-1 SALEABLE AREA = 3189.38 SQ. FT. AND BUILD-UP AREA = (RUPEES TWO CRORE FIFTY LAC
 MADAN SINGH FADAN 2551.50. SQ. FT.+ S.B. AREA = 637.88 SQ. FT) (SF-2 SALEABLE AREA 3012.19 SQ. ONLY)
FT. AND BUILD-UP AREA 2409.7 SQ. FT. + S.B AREA = 602.44 SQ. FT.) ON
 PRASHANT KUMAR LAMORIA SECOND FLOOR IN TAMANNA TOWER AT PLOT NO.-8-A AND 9, SITUATED AT
 SHANTI DEVI
TERMS AND CONDITIONS OF PUBLIC AUCTION

INR 4,84,24,709.38/- AS ON 29-11- NAND VIHAR, VAISHALI NAGAR, JAIPUR, RAJASTHAN-302021 EARNEST MONEY DEPOSIT 10% - INR
2023 25,00,000/- (RUPEES TWENTY FIVE
LAC ONLY)
DEMAND NOTICE DATE: 04-07-2019 BID INCREMENT AMOUNT - INR
50,000/- (RUPEES FIFTY THOUSAND
ONLY)

 SEEMA KANWAR FLAT NO. G-2, ADMEASURING 1000 SQ. FT. (CARPET AREA) AND 1250 SQ. FT. RESERVE PRICE - INR 42,00,000/-
 DIVAKAR SHARMA (BUILT-UP AREA) ON GROUND FLOOR, GOVIND TOWER, BUILT ON P.NO. 90, (RUPEES FORTY TWO LAC ONLY)
SITUATED AT KRISHNA COLONY, NAYA KHEDA AMBABARI, JAIPUR, RAJASTHAN -
 M/S SEEMA TOUR & TRAVELS
302039, AND BOUNDED AS:
INR 73,29,521.77/- AS ON 30-11- EAST: P.NO. 103 EARNEST MONEY DEPOSIT 10% - INR
2023 WEST: ROAD 30’ WIDE 4,20,000/- (RUPEES NINE LAC TEN
NORTH: P.NO. 90-A THOUSAND ONLY)
DEMAND NOTICE DATE: 20-07-2021 SOUTH: P.NO. 89 BID INCREMENT AMOUNT - INR
50,000/- (RUPEES FIFTY THOUSAND
ONLY)
 JAGDISH PRASAD YADAV PLOT NO. 134, ADMEASURING 2906.28 SQ. FT., DAIRY FARM SCHEME, RESERVE PRICE - INR 50,00,000/-
 MANGAL CHAND YADAV RAMLYAWALA, OPP. SUNCITY, SIKAR ROAD, JAIPUR, RAJASTHAN, AND BOUNDED (RUPEES FIFTY LAC ONLY)
AS:
 NANCHHI DEVI
NORTH: PLOT NO. 135
 YADAV DAIRY FARM EAST: ROAD 9.0 MTR.
INR 74,10,541.66/- AS ON 30-11- WEST: ROAD 12.0 MTRL EARNEST MONEY DEPOSIT 10%
2023 SOUTH: PLOT NO. 133 INR 5,00,000/- (RUPEES FIVE LAC
ONLY)
DEMAND NOTICE DATE: 12-07-2022 BID INCREMENT AMOUNT - INR
50,000/- (RUPEES FIFTY THOUSAND
ONLY)

 M/S SIDDHI VINAYAK JEWELLERS HOUSE NO. 35/596 (OLD MUNICIPAL NO. 248, OLDER NO. 123), SITUATED AT RESERVE PRICE - INR 1,81,00,000/-
 MAHAVIR FATEHLAL KOTHARI MOTI CHOTTAHA, UDAIPUR, RAJASTHAN, ADMEASURING 247.50 SQ. FT., AND (RUPEES ONE CRORE EIGHTY ONE
DIVYA KOTHARI BOUNDED AS: LAC ONLY)
EAST: SETHO KA UPASARA (PANCHAYATI NOHRA)
INR 2,37,39,503.22/- AS ON 30-11- EARNEST MONEY DEPOSIT 10% - INR
WEST: AAM RASTA 30 FT. WIDE
2023 NORTH: HOUSE OF KANHIYALAL JINAGAR 18,10,000/- (RUPEES EIGHTEEN LAC
SOUTH: JINAGAR SAMAJA PANCHAYATI NOHRA TEN THOUSAND ONLY)
DEMAND NOTICE DATE: 22-03-2022 BID INCREMENT AMOUNT - INR
50,000/- (RUPEES FIFTY THOUSAND
TERMS AND CONDITIONS OF PUBLIC AUCTION

ONLY)

 CHIRAG PRASAD TRIVDEI RESIDENTIAL PLOT NO. 27, ADMEASURING 2764.25 SQ. FT., KHASARA NO. 124 RESERVE PRICE - INR 1,36,00,000/-
 PALLAVI SHRIMALI TO 126, SITUATED AT REVENUE VILLAGE: JHARNO KI SARAY, NEAR BALAJI (RUPEES ONE CRORE THIRTY SIX LAC
POLYTECNIC COLLEGE, TEHSIL: GIRWA, UDAIPUR, RAJASTHAN-313001PROPERTY
 CHANCHAL SHRIMALI ONLY)
BOUNDARIES:
 SUBHASH CHANDRA TRIVDEDI NORTH: OPEN PLOT
 M/S TRIVEDI DIAGNOSTICS SOUTH: ROAD 30'WIDE
CENTER EAST: PLOT NO.26
INR 1,66,97,153.48/- AS ON 30-11- WEST: ROAD 30'WIDE EARNEST MONEY DEPOSIT 10% - INR
2023 13,60,000/- (RUPEES THIRTEEN LAC
SIXTY THOUSAND ONLY)
DEMAND NOTICE DATE: 18-02-2022 BID INCREMENT AMOUNT - INR
50,000/- (RUPEES FIFTY THOUSAND
ONLY)

 LAXMI LAL NAGDA PLOT NO. 5A, ADMEASURING 945 SQ. FT., SITUATED AT REVENUE VILLAGE- RESERVE PRICE - INR 65,00,000/-
 MEENA NAGDA UDAIPUR SHAHAR (KHASRA NO. 1628 TO 1633, 1637 TO 1646), TEHSIL GIRVA, (RUPEES SIXTY FIVE LAC ONLY)
DIST.- UDAIPUR (RAJ.), AND BOUNDED AS:
 M/S NAGDA MOBILE
NORTH: PLOT NO. 5-B
INR 73,72,610.10/- AS ON 30-11- EAST: ROAD 30 FT. EARNEST MONEY DEPOSIT 10% - INR
2023 WEST: OTHER PLOT 6,50,000/- (RUPEES SIX LAC FIFTY
SOUTH: PLOT NO. 06 THOUSAND ONLY)
DEMAND NOTICE DATE: 17-05-2022 BID INCREMENT AMOUNT - INR
50,000/- (RUPEES FIFTY THOUSAND
ONLY)

TERMS & CONDITIONS:

The e-Auction is being held on “AS IS WHERE IS”, “AS IS WHAT IS BASIS” and “WHATEVER THERE IS BASIS”.

To the best of knowledge and information of the Authorised Officer, there is no encumbrance on any property. However, the intending bidders should make
their own independent inquiries regarding the encumbrances, title of property(ies) put on auction and claims/ rights/ dues/ affecting the property, prior to
submitting their bid. The e-Auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation of the
TERMS AND CONDITIONS OF PUBLIC AUCTION

Company. The property is being sold with all the existing and future encumbrances whether known or unknown to the Company. The Authorised Officer/
Secured Creditor shall not be responsible in any way for any third-party claims/ rights/ dues.

It shall be the responsibility of the bidders to inspect and satisfy themselves about the asset and specification before submitting their Bid. The inspection of
property (ies) put on auction will be permitted to interested bidders at sites on 13.02.2024.

The interested bidders shall submit their EMD through Demand Draft in favor of “ORIX LEASING & FINANCIAL SERVICES INDIA LTD” Payable at “ORIX LEASING &
FINANCIAL SERVICES INDIA LTD.”. Please note that the Cheques shall not be accepted as EMD amount.

After Registration (One Time) by the bidder in the Web Portal, the intending bidder/ purchaser is required to get the e-copies of the following documents
uploaded in the Web Portal before the Last Date & Time of submission of the Bid Documents viz. i) Copy of the NEFT/RTGS Challan or Demand Draft; ii) Copy of
PAN Card; iii) Proof of Identification/ Address Proof (KYC) viz. self-attested copy of Voter ID Card/ Driving License/ Passport/ Ration Card etc., without which the
Bid is liable to be rejected.

The interested bidders who require assistance in creating Login ID & Password, uploading data, submitting Bid Documents, Training/ Demonstration on Online
Inter-se Bidding etc., may contact M/s. C1 India Private Limited, Plot No. 68, 3rd Floor, Sector - 44,Gurugram Haryana Pin: 122003, Help Line No. +91-124-
4302020 / 21 / 22 / 23 / 24, and Mr. Bhavik Pandya (Contact Details: +91 88666 82937), Helpline E-mail Id: support@bankeauctions.com and for any property
related query may contact Authorised Officer Mr. Sukhwant Singh (Contact Details: +91-9810389922) during the working hours from Monday to Saturday.

Only buyers holding valid User ID/ Password and confirmed payment of EMD through Demand Draft in favor of “ORIX LEASING & FINANCIAL SERVICES INDIA
LTD.” shall be eligible for participating in the e-Auction process.

The interested bidder has to submit their Bid Documents [EMD (not below the Reserve Price) and required documents on/ before 22-02-2024 by way of
hardcopy to the Authorized Officer. Interested bidder who is not able to submit their Bid Documents by way of Hardcopy to the Authorised Officer, can submit
their Bid Documents through online mode (which is open from the date of publishing the e-Auction Event on the Web Portal, (https://www.bankeauctions.com/)
on/ before 22-02-2024, after going through the Registering Process (One time) and generating User ID & Password of their own, shall be eligible for participating
the e-Auction Process, subject to due verification (of the documents) and/ or approval of the Authorized Officer. However the original demand draft of the EMD
amount has to be mandatorily deposited/submitted with the Authorised Officer on or before 22-02-2024.

During the Online Inter-se Bidding, Bidder can improve their Bid Amount as per the ‘Bid Increase Amount’ (mentioned above) or its multiple and in case bid is
placed during the last 5 minutes of the closing time of the e-Auction, the closing time will automatically get extended for 5 minutes (each time till the closure of
e-Auction process), otherwise, it’ll automatically get closed. The bidder who submits the highest bid amount (not below the Reserve Price) on the closure of the
e-Auction Process shall be declared as a Successful Bidder by the Authorized Officer/ Secured Creditor, after required verification.

The Earnest Money Deposit (EMD) of the successful bidder shall be retained towards part sale consideration and the EMD of unsuccessful bidders shall be
refunded. The Earnest Money Deposit shall not bear any interest. The successful bidder shall have to deposit 25% of the sale price, adjusting the EMD already
TERMS AND CONDITIONS OF PUBLIC AUCTION

paid, immediately after the acceptance of bid price by the Authorized Officer and the balance 75% of the sale price on or before 15th day of sale or within such
extended period as agreed upon in writing by and solely at the discretion of the Authorized Officer. In case of default in payment by the successful bidder, the
amount already deposited by the offer shall be liable to be forfeited and property shall be put to re-auction and the defaulting borrower shall have no claim/
right in respect of property/ amount.

The prospective qualified bidders may avail online training on e-Auction from M/s. C1 India Private Limited prior to the date of e-Auction. Neither the Authorised
Officer/ Company nor M/s. C1 India Private Limited shall be liable for any Internet Network problem and the interested bidders to ensure that they are
technically well equipped for participating in the e-Auction event.

The purchaser shall bear the applicable stamp duties/ additional stamp duty/ transfer charges, fee etc. and also all the statutory/ non-statutory dues, taxes,
rates, assessment charges, fees etc. owing to anybody.

The Authorized Officer, who is not bound to accept the highest offer, has the absolute right to accept or reject any or all offer(s) or adjourn/ postpone/ cancel
the e-Auction without assigning any reason thereof.

The bidders are advised to go through the detailed Terms & Conditions of e-Auction Process available on the Web Portal of M/s. C1 India Private Limited,
https://www.bankeauctions.com/ before submitting their bids and taking part in the e-Auction.

Special Instructions: Bidding in the last moment should be avoided. Neither the Company nor Service provider will be responsible for any technical lapse/ power
or internet failure etc. in order to avoid such contingent situations bidders are requested to ensure that they are technically well equipped and has all
alternatives such as power supply back-up etc., so that they are able to circumvent such situation and are able to participate in the Online Inter-se Bidding,
successfully.

DATE: 20-01-2024 AUTHORISED OFFICER


PLACE: RAJASTHAN ORIX LEASING & FINANCIAL SERVICES INDIA LTD.

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