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Transcript of A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L)...

Page 1: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

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ieugrave`guacute ucircKOuml 2002e eecircfthorn 8(6) 6(2) Gaotilde 9(1) ecirc~ucircduacute 30 ograve ograveucirc ugraveadivide]ucirc ograveK ugrave ucircUograveithorn5) C_eK[ocircZ EYMacircjuacuteZucirc MyacuteucircugraveeltograveucircZucirc asectKucircZucircu K[ocircZ ucircKOumle ]ucirceucirc 8(6) 6(2) Gaotilde 9(1) ecirciucircugravee Gjucirc GK ugrave^ucircUograveithorn Kograve ugraveicucircugrave^ C_egograveethZ imicrocopyograve ogravecugravelaquo ecircAcircograveZ ugravejaucircKecirc [ocircaucirc A- ogravefucirccZucirceograveLugravee C_iUacuteograveZ ejograve ijugrave~ucircM KeograveugraveaoumlacircAacuteayacute icEacute ogravedc Gaotilde icopyethucircakuacute ijograveZ iaograveugravegh aogravemucirc_^ ugraveIszligaiucircAUthorn- httpwwwidbicom link ugravee C_fsup2ouml otildegMacircjYKucirceuacutecucircugrave^ EYMacircjuacuteZucirc MyacuteucircugraveeltograveucircZucirc asectKucircZucirccucirc^uecirc ecircugraveeucirc]Kograve ugraveicucircugrave^ ^ogravefucircc _acircKacircograveducirc _igraveaetheecirc GjucircKecirc eacuteAacuteograveKecirc ugrave^ugravea ouml AzecircK ^ogravefucircc]ucirceuacutecucircugrave^ imicrocopyograve aogravehdK icEacute ucircKk^ aograveWthornugraveUŠe EacuteucircaograveRthorn ^ogravefucircc]ucirceuacuteu ugrave_acircucirc`ucircAf `ceth Gaotilde aograveWthorne ucircugrave_ŠograveKegrave `ceth( ogravefucircc]ucirceuacuteu ugraveNucirchYucirc^ucirccucirc) Gaotilde ayacuteucircu szligucirceucirc imicrocopyograve ~ucirc _ucircAntilde ]ucirc~ethyacute ZucirceograveL AZyacuteucircograve aogravehdugravee ugrave~ucircMucircugrave~ucircM Kelaquoecirc lcZucirc_acircucircmacr ]ocircKucirceuacute ucircAWograveaograveucircA ayacuteucircu fograveuuml becircaugrave^gszlige ucirckograveK Kucirc~yacuteethucirckd G thorn_ograveGcyacuteucircugrave^Rugraveclt Micirc_thorn R^_[ decirc^ograveUthorn-9 2d cjfucirc becircaugrave^gszlige-751022oumlayacuteucircue ugrave~ucircMucircugrave~ucircM ayacuteqograve K) gacircuacutecZuacute cograveuograve _acircucirccucircYograveKthorn C_cjucirc_acircasectK minkypramanikidbicoin ugrave`ucirc^thorn 0674-6616702 L) gacircuacute eogravebrvbarc aogravegszligucirci _acircasectKarindambiswasidbicoin ugrave`ucirc thorn 0674-6616701 _acircacopyeth _acircZograve ograve]ocirc - ugrave~ucircMucircugrave~ucircM ayacuteqograve gacircuacute ugraveioslashcyacuteenot^ ucirci ugravecucircaucircAfthorn 9438562733 9090450882

Size 16 x 14 Sqcm

iUacuteucirc^ becircaugrave^gszlige ZucirceograveL 06022017 lcZucirc_acircucircmacr ]ocircKucirceuacute ucircAWyumlograveaograveucircA ayacuteucircu fogravecograveugraveUWyuml

imicrocopyogravecucircfograveKucirc^ucirc

gacircuacute _acirci UumlKecirccucirce^brvbar

43 _ucircKethUucircIszligucirce

Mw^Medecirc ograveUthorn-6becircaugrave^gszlige-751001

IWyumlogravegucirc

iotildeelograveZcigravefyacute

U7175000-

cucirc^Zeucircgograve

U720000-

aograveWthornaeacuteiexclograve

_eogravecucircY

U100000-

IDBI Bank Limited Bhubaneswar Zonal Office NPA Management Group2nd Floor Janpath Unit - IX Bhubaneswar - 751022 Website - wwwidbicom

CIN -L65190MH2004GOI148838

E - AUCTION SALE NOTICENotice is hereby given to the public in general and to the Borrower Guarantors Mortgagers in particular by the Authorised Officer that theunder mentioned properties mortgaged to IDBI Bank Ltd Zonal Office Janpath Unit - IX Bhubaneswar - 751022 taken possession underthe provisions of section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002(SARFAESI ACT 2002) will be sold by E- Auction as mentioned below on AS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THEREIS AND WITHOUT RECOURSE BASIS for recovery of under mentioned dues with further interest charges and cost etc as detailed belowThis is also a notice to the Borrower and to the GuarnatorsMortgagors of the below mentioned loan about holding of e-auction to be held onthe below mentioned date if their outstanding dues are not repaid in full within 30 days from the date of publication of this notice

a) Name amp address of the Borrowerb) Name amp address of the Guarantorsc) Name amp address of the Mortgagor

a) Date of NPAb) Date of 13(2) Noticec) Date of Possessiond) Amount of Demand

a) DateampTime ofVerificationof propertyb) Last date forreceiving Bids

Date amp Time ofE-Auction

Sealedcovershould besuperscribed with

ReservePrice

Description ofImmovable property

BidIncrement Amount

Propertyowned by

The sale of the secured assets is proposed to be made as under

EarnestMoneyDeposit

a) Veeckey Minerals amp Exports43 ParkTower GanganagarUnit-VI Bhubaneswar-751001Odisha b) Shri PrasannaKumar Nanda Shri UtathyaNanda Smt Malavika Nanda ampSmt Tapasi Nanda all are at -43 ParkTower GanganagarUnit-VI Bhubaneswar-751001Odisha Shri Sarada PrasannaParija A12 Surya NagarPS Capital Dist-KhurdaBhubaneswar-751003 c) ShriPrasanna Kumar Nanda 43Park Tower Ganganagar Unit-VIBhubaneswar - 751001 Odisha

(a) 30062009(b) 01072011(c) 31072013(d) 31459292-as on 30062011and further interest

thereon from01072011 withmonthly rests alongwith all costscharges andexpenses etc

a) From27022017 to05032017

between1100 am

and 400 pmwith prior

intimationb) 06032017

before0530 pm

All those piece and parcel of landsituated at Plot No 6463 Khata No9415 Mouza Sialiapatna PSKhurda Dist Khurda admeasuringin aggregate Ac1000 dec which isbutted and bounded as follows OnNorth by Woodland bottling OnSouth by Pati Behera On East byPabitra Samantaray On West byWoodland bottling together with allbuildings and structures thereon andall plant and machinery attached tothe earth or permanently fastened toanything attached to the earth

0 8 0 3 2 0 1 7From 200 pmto 300 pm withu n l i m i t e dextension of 05minutes ie theend time of thee-auction by fiveminutes eachtime if bid ismade within thelast five minutesbefore closure ofauction

Quotationfor

participatingin e-auction

sale -ldquoVeeckeyMinerals ampExportsrdquo

`

7175000

Terms and conditions of Salei) For details help procedure and online training in e-auction prospective bidders may contact the e-auction service provider Ms 4ClosureHyderabad between 1000 am to 0600 pm The helpline No 040-23836405 Amaresh-814200003066 Help Line e-mail ID infobankauctionsinor amareshbankauctionsin ii) The Bid document can also be downloaded from IDBI website (wwwidbicom) and (httpswwwbankauctionsin)iii) The amount of EMD paid by the interested bidders shall carry no interest iv) The property is proposed to be sold on AS IS WHERE IS AND ASIS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASIS The Authorised Oficer (AO) will not take responsibility for any duesstatutory or otherwise outstanding as on date and yet to fall due including dues that may affect transfer of property in the name of the purchaserand such dues if any will have to be borne by the purchaser Bank does not take any responsibility to provide information on the same

Statutory 30 days notice under rule 8(6) 6(2) amp 9(1) of the SARFAESI Act 2002v) This is also a notice to the borrower(s) Guarantor(s) Mortgagor(s) of the said loan us 8(6) 6(2) and 9(1) of the rules of the said Act aboutholding of e-auction sale of the above mentioned property on the above mentioned date requesting their presence and co-operationNote The detailed advertisement with all the terms and conditions is available at httpwwwidbicom link ParticipantsBorrowerGuarantorsMortgagor are requested to refer the same before participation in bidding process The intending bidders may contact the Authorised Officer IDBIBank Ltd Bhubaneswar Zonal Office NPA Management Group Janpath Unit - IX 2nd Floor Bhubaneswar - 751022 for ascertaining the detailsof property to collect form of profile of the Bidder amp form of Appendix to the BidOffer (Declaration by the Bidder) and also for inspection of theproperty on the dates fixed as above by the Bank

ShriPrasanna

KumarNanda 43

ParkTower

GanganagarUnit - VI

Bhubaneswar- 751001Odisha

`

100000`

720000

Place Bhubaneswar Date 06022017 Authorised Officer IDBI Bank Ltd

Bank Contact Person Enforcement Agent - Contact Person

Shri Soumyaranjan Das Cell No- 9438562733 9090450882a) Smt Minky Pramanik DGM minkypramanikidbicoin Phone No - 0674-6616702b) Shri Arindam Biswas Manager arindambiswasidbicoin Phone No - 0674-6616701

The Authorised Officer (AO)

of

IDBI Bank Ltd

NMG ndash Bhubaneswar Zonal Office IDBI House

Janpath Unit ndash IX Bhubaneswar - 751022

TENDER DOCUMENT

For

Sale of Assets (Immovables) of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of

Veeckey Minerals amp Exports Under

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002

and

The Security Interest (Enforcement) Rules 2002

Date February 06 2017

2

CONTENTS SrNo Particulars Page

No I Public Notice for Sale published in the newspapers

3 - 6

II Introduction Brief Description of secured assets and outstanding dues

7

III Terms amp Conditions

8 - 13

IV Bid form ndashIndividual

14 - 15

V Bid form -Company Partnership firm Proprietorship firm

16 - 17

VI Declaration by bidder (on general stamp paper of `100-)

18 - 20

3

I Public Notice for Sale published in the newspapers

IDBI Bank Limited Bhubaneswar Zonal Office NPA Management Group 2nd

Bhubaneswar ndash 751022 Floor Janpath Unit - IX

Website ndash wwwidbicom CIN ndashL65190MH2004GOI148838

E ndash AUCTION SALE NOTICE

Notice is hereby given to the public in general and to the Borrower Guarantors Mortgagers in particular by the Authorised Officer that the under mentioned properties mortgaged to IDBI Bank Ltd Zonal Office Janpath Unit ndash IX Bhubaneswar ndash 751022 taken possession under the provisions of section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (SARFAESI ACT 2002) will be sold by E- Auction as mentioned below on ldquoAS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASISrdquo for recovery of under mentioned dues with further interest charges and cost etc as detailed below This is also a notice to the Borrower and to the GuarantorsMortgagors of the below mentioned loan about holding of e-auction to be held on the below mentioned date if their outstanding dues are not repaid in full within 30 days from the date of publication of this notice

The sale of the secured assets is proposed to be made as under

a) Name and address of the Borrower b) Name and address of the Guarantors c) Name and address of the Mortgagor

a)Date of NPA b)Date of 13(2) Notice c)Date of Possession d)Amount of Demand

Sealed cover should be super scribed with

a) Date amp Time of Verification of property b) Last date for receiving Bids

Date amp Time of E-Auction

a) Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha

a) 30062009 ldquoQuotation for participating in e-auction sale ndash ldquoVeeckey Minerals amp

a) From 27022017 to 05032017 between 1100 am and 400 pm with prior

08032017 From 200 pm to 300 pm with unlimited extension of

b) 01072011 c) 31072013 d) `31459292- as on 30062011 and

4

b) Shri Prasanna Kumar Nanda Shri Utathya Nanda Smt Malavika Nanda and Smt Tapasi Nanda all are at 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha Shri Sarada Prasanna Parija A12 Surya Nagar PS ndashCapital Dist ndash Khurda Bhubaneswar - 751003 c) Shri Prasanna Kumar Nanda 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha

further interest thereon from 01072011 with monthly rests along with all costs charges and expenses etc

Exports rdquo intimation b) 06032017 before 0530 pm

five minutes ie the end time of the e-auction by five minutes each time if bid is made within the last five minutes before closure of auction

Description of Immovable property

Property owned by

Reserve Price

Earnest Money Deposit

Bid Incremental Amount

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000

Shri Prasanna Kumar Nanda 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha

`7175000- `720000- `100000-

5

dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

Terms and conditions of Sale

i) For details help procedure and online training in e-auction prospective bidders may contact the e-auction service provider Ms 4Closure Hyderabad between 1000 am to 0600 pm The helpline No 040-23836405 Amaresh-814200003066 Help Line e-mail ID infobankauctionsin or amareshbankauctionsin ii) The Bid document can also be downloaded from IDBI website (wwwidbicom) and (httpswwwbankauctionsiniii) The amount of EMD paid by the interested bidders shall carry no interest

)

iv) The property is proposed to be sold on ldquoAS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASISrdquo The Authorised Oficer (AO) will not take responsibility for any dues statutory or otherwise outstanding as on date and yet to fall due including dues that may affect transfer of property in the name of the purchaser and such dues if any will have to be borne by the purchaser Bank does not take any responsibility to provide information on the same Statutory 30 days notice under rule 8(6) 6(2) amp 9(1) of the SARFAESI Act 2002 v) This is also a notice to the borrower(s) Guarantor(s) Mortgagor(s) of the said loan us 8(6) 6(2) and 9(1) of the rules of the said act about holding of e-auction sale of the above mentioned property on the above mentioned date requesting their presence and co-operation Note The detailed advertisement with all the terms and conditions is available at httpwwwidbicom link ParticipantsBorrowerGuarantorsMortgagor are

6

requested to refer the same before participation in bidding process The intending bidders may contact the Authorised Officer IDBI Bank Ltd Bhubaneswar Zonal Office NPA Management Group Janpath Unit ndash IX 2nd

Floor Bhubaneswar - 751022 for ascertaining the details of property to collect form of profile of the Bidder amp form of Appendix to the BidOffer (Declaration by the Bidder) and also for inspection of the property on the dates fixed as above by the Bank

Bank ndash Contact Persons Enforcement Agent - Contact Person

a) Smt Minky Pramanik DGM minkypramanikidbicoin Phone No - 0674-6616702 b) Shri Arindam Biswas Manager arindambiswasidbicoin Phone No - 0674-6616701

Shri Soumyaranjan Das Cell No- 94385627339090450882

Place Bhubaneswar Authorised Officer

Date February 06 2017 IDBI Bank Ltd

The above notice was published in Business Standard (English) and Samaya (Odiya) on February 06 2017

7

II Introduction Brief Description of secured assets and outstanding dues

1

INTRODUCTION

IDBI Bank Ltd (IDBI) having its Head Office at IDBI Tower Cuffe Parade Mumbai 400 005 issued a notice dated July 01 2011 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (hereinafter referred to as ldquothe SARFAESI Actrdquo) calling upon Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha (hereinafter referred to as the Borrower) to repay within 60 days from the date of the said notice the amount mentioned in the said notice being `31459292- (Rupess three crore fourteen lakh fifty nine thousand two hundred and ninety two only) as on June 30 2011 together with further interest from July 01 2011 at the contractual rates upon the footing of compound interest until payment realization Though the Borrower duly acknowledged receipt of the said notice it failed to discharge the liability

As the guarantors and mortgagors has mortgaged the property to IDBI Bank Ltd as collateral security dues recoverable from the Borrower constitute and represent 100 value of the outstanding dues having charge on the assets as envisaged under Section 13(9) of SARFAESI Act The possession of immovable properties was taken on July 31 2013 The AO has also got the assets valued after taking possession as required under the SARFAESI Act

The list of secured assets being put on sale is mentioned hereinafter

2 BRIEF DESCRIPTION OF SECURED ASSETS

Property Description Reserve Price (`)

Earnest Money Deposit (EMD) (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

3 Outstanding dues of the secured lenders as on February 01 2017 is ` 9494878475

8

III TERMS AND CONDITIONS 1 The Authorised Officer (AO) exercising the powers under the Securitisation and

Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 read with Security Interest (Enforcement) Rules 2002 (hereinafter referred to as the SARFAESI Act) is selling the assetsproperties mentioned at item No II of the Tender Document (hereinafter referred to as the Secured Assets) and the same are being sold free from charges and encumbrances of the secured lenders mentioned at item NoIII of the Tender Document

2 Issue of Tender Offer Bid DocumentThe Bid Document along with Offer Form is available free of cost from February 06 2017 to March 06 2017 and can be obtained from Smt Minky Pramanik Deputy General Manager or from Shri Arindam Biswas Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 on any working day between 1100 am and 400 pm The bid document can also be downloaded from IDBIrsquos website (wwwidbicom) And e-Auction service providerrsquos website ie httpswwwbankauctionsin Interested parties can participate in the e-Auction for only the property

3

Reserve Price Property Description (Details are provided under Brief Description of secured assets page 7 of this bid document)

Reserve Price(`)

Earnest Money Deposit (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

4 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo and ldquowithout recourserdquo basis The description of the immovable properties is based on the mortgages created by the BorrowerMortgagor with the secured lenders from time to time and the representations made by them The AO does not take or assume any responsibility for any shortfall of the immovable assets or for procuring any permission etc or for the dues of any authority established by law All statutory liabilities taxes maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder It is expressly made clear that the AO Bank do not take any responsibility to provide information on the same The AO Bank does not take or assume any responsibility for any dues statutory or otherwise including such dues that may affect transfer of the assets in

9

the name of the purchaser and such dues if any will have to be bornepaid by the purchaser

5 Inspection of assets The interested parties may inspect the assets at their own cost between 1100 am and 400 pm from February 27 2017 to March 05 2017 in the presence of a representative of the AO available at the site to facilitate the inspection

6 Due Diligence by the Bidders The interested parties may carry out their own comprehensive due diligence in respect of the Secured Assets including any dues relating to the Secured Assets A bidder shall be deemed to have full knowledge of the condition of the assets relevant documents information etc whether the bidder actually inspects or visits or verifies or not

7 The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose the Bidders may in their own interest and at their own cost verify the area of the premises and details of movable assets and any other relevant information before submitting the Bids It shall be presumed that the bidder has satisfied himselfherself about the names descriptions particulars quantities qualities specifications measurements boundaries and abuttal of the assetsproperties and that the bidder concurs or otherwise admits the identity of the assetsproperties purchased by himher notwithstanding any discrepancy or variation by comparison of the description in the particulars of the assetsproperties and their condition

8 The Bidder shall not be entitled to receive re-imbursement of any expenses which may have been incurred in preparation of the BidOffer for submission andor for carrying out due diligence search of titles to the assets and matters incidental thereto or for any other purpose in connection with purchase of the assets under reference

9 Submission of TenderOfferThe Bidder shall complete in all respects the Offer form(s) annexed to the Tender Document and furnish the information called for therein and shall sign and date each of the documents in the space provided therein for the purpose The Bidder shall initial each page of the Offer Offers received for sale and or accepted are not transferable The Format for submission of Profile of the bidder is given in Chapter IV amp V respectively of this Tender Documents The format Chapter IV is for Individuals and The format Chapter V is for Company Proprietorship Partnership firms Bidders may fill in only the form relevant to them

10 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder with the signature which should be duly attested

11 The TenderOffer shall contain the full address Telephone No Fax No e-mail-ID if any of the Bidder for serving notices required to be given to the Bidder in connection with the Offer

12 Bidders are also required to submit declaration executed on general stamp paper of `100- along with the Bid form as per the format given at Chapter VI

13 The TenderOffer form declaration etc shall not be detached from the Bid Documents ie one from the other and no alteration or mutilation (other than filling in all the blank spaces) shall be made in any of the documents attached

10

thereto ie entire set of Bid Document along with duly filled relevant forms be submitted to AO

14 Last date for submission of TenderOffer Bid DocumentThe interested parties may submit Tender Offer Bid Document duly filled and signed along with the required documents to the AO Smt Minky Pramanik Deputy General Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 not later than 400 pm on March 06 2017 in a sealed cover Bidders to submit the EMD by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha Such bidders must indicate RTGS UTR No Amount remitted and date in the appropriate space in the Profile of the Bidder

15 Only those bidders will be permitted to participate in the e-Auction whose Tender Offer Bid Document is complete in every respect and remittance by way of RTGS proceeds is credited into the account indicated well before the cut-off time Bank does not take any responsibility and will not entertain any complaint for any delay in transfer of funds by way of electronic mode Form of Tender Offer Bid document if found incomplete in any respect shall be liable for outright rejection

16 Procedure for e-Auction (after submission of bid to AO) a IDBI has appointed Ms 4 Closure (Bank Auctionin) (Flat No102 Amrutha

Apartments Plot No20 Mohitnagar Hyderabad - 500018) as e-Auction Support Provider (e-ASP) for said sale

b Shri Amaresh Samantasinghar on 814200003066 amareshbankauctionsin (email) is authorized representatives of e-ASP

c After scrutinisation of bids and confirmation of the receipt of EMD as advised AO would forward names and other details of valid bidders to the e-ASP for initiating further process related to auction

d Valid bidders are required to be in touch with the e-ASP and submit following documents to e-ASP- 1 Details of EMD ie details of RTGS sent to AO 2 Self attested copy of PAN Card 3 Self attested valid Residential Proof (any one of the-Voter-id Passport

Driving License Aadhar Card Electricity Bill Telephone Bill) 4 Valid e-mail id and contact details (with alternate mobile land line phone

numbers) e After registration and satisfaction of KYC and other norms e-ASP would

provide user id and password to the valid bidders f After receiving the user-id password from e-ASP the bidders may request for

training for e-Auction g After completion of e-Auction process e-ASP would submit list of the bidders

alongwith its bid amount to AO h Thereafter AO would intimate the bidders accordingly

Bank AO e-ASP provider will not be held responsible for any error occurred due to power failure computer hardware or software error network error etc at the time of e-Auction

17 Date and Time of endashAuction March 08 2017 200 pm to 300 pm

11

The auction would be held with unlimited extensions of 05 minutes each if required on e-Auction platform at website httpswwwbankauctionsin

Increase in Bid Amount

In case no further valid bids are received during the extended period the last highest bid received would be treated as the successful bid and auction would be treated as closedterminated

It may be noted that increase in bid amount if any during the e-Auction period shall be made as under In multiples of `100000- for the property

First bid should be of at least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above

increase in bid amount below the aforesaid amounts will be rejected

18 AO reserves the right to retain the EMD of top three bidderrsquos upto three months from the date of e-Auction and the amount of such EMD will not carry any interest The Bids so retained will be valid for three months from the date of e-Auction or till further extension of time as may be approved by the AO The EMD of other bids will be returned within 7 days from the date of e-Auction

19 Payment of Sale Price The successful bidder would be informed in writing about the acceptance of hisher bidoffer by the AO and will be required to deposit 25 of the sale price (less the amount of EMD) immediately after issuance of letter intimating acceptance of hisher bid that is confirmation of sale in his favour by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha

The balance amount of the sale price shall have to be paid within 15 days from the sale date by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha or such extended period as may be agreed upon in writing between the successful bidder and the AO

20 In case the successful bidder fails to deposit 25 of the sale price within stipulated period the AO shall forfeit the EMD and if the successful bidder backs out after paying 25 of the sale price then AO shall forfeit the 25 of the sale consideration so deposited including the EMD

21 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold

22 In the event of the successful bidder failing to pay the consideration amount within the time schedule stipulated the amount paid by such bidder would be forfeited and also the AO reserves the right to re-sell the assets to the secondthird highest bidder or re-auction the property in the above manner who shall also be treated as the successful bidder mentioned in clauses 9 to 16 above and further in terms of this Bid Document

23 On confirmation of sale and if the terms of payment have been complied with and the successful bidder pays entire sale consideration the AO exercising the power of sale shall issue ldquoCertificate of Salerdquo for the immovable property in favour of the purchaser as per the format provided in the Security Interest (Enforcement) Rules 2002

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 2: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

IDBI Bank Limited Bhubaneswar Zonal Office NPA Management Group2nd Floor Janpath Unit - IX Bhubaneswar - 751022 Website - wwwidbicom

CIN -L65190MH2004GOI148838

E - AUCTION SALE NOTICENotice is hereby given to the public in general and to the Borrower Guarantors Mortgagers in particular by the Authorised Officer that theunder mentioned properties mortgaged to IDBI Bank Ltd Zonal Office Janpath Unit - IX Bhubaneswar - 751022 taken possession underthe provisions of section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002(SARFAESI ACT 2002) will be sold by E- Auction as mentioned below on AS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THEREIS AND WITHOUT RECOURSE BASIS for recovery of under mentioned dues with further interest charges and cost etc as detailed belowThis is also a notice to the Borrower and to the GuarnatorsMortgagors of the below mentioned loan about holding of e-auction to be held onthe below mentioned date if their outstanding dues are not repaid in full within 30 days from the date of publication of this notice

a) Name amp address of the Borrowerb) Name amp address of the Guarantorsc) Name amp address of the Mortgagor

a) Date of NPAb) Date of 13(2) Noticec) Date of Possessiond) Amount of Demand

a) DateampTime ofVerificationof propertyb) Last date forreceiving Bids

Date amp Time ofE-Auction

Sealedcovershould besuperscribed with

ReservePrice

Description ofImmovable property

BidIncrement Amount

Propertyowned by

The sale of the secured assets is proposed to be made as under

EarnestMoneyDeposit

a) Veeckey Minerals amp Exports43 ParkTower GanganagarUnit-VI Bhubaneswar-751001Odisha b) Shri PrasannaKumar Nanda Shri UtathyaNanda Smt Malavika Nanda ampSmt Tapasi Nanda all are at -43 ParkTower GanganagarUnit-VI Bhubaneswar-751001Odisha Shri Sarada PrasannaParija A12 Surya NagarPS Capital Dist-KhurdaBhubaneswar-751003 c) ShriPrasanna Kumar Nanda 43Park Tower Ganganagar Unit-VIBhubaneswar - 751001 Odisha

(a) 30062009(b) 01072011(c) 31072013(d) 31459292-as on 30062011and further interest

thereon from01072011 withmonthly rests alongwith all costscharges andexpenses etc

a) From27022017 to05032017

between1100 am

and 400 pmwith prior

intimationb) 06032017

before0530 pm

All those piece and parcel of landsituated at Plot No 6463 Khata No9415 Mouza Sialiapatna PSKhurda Dist Khurda admeasuringin aggregate Ac1000 dec which isbutted and bounded as follows OnNorth by Woodland bottling OnSouth by Pati Behera On East byPabitra Samantaray On West byWoodland bottling together with allbuildings and structures thereon andall plant and machinery attached tothe earth or permanently fastened toanything attached to the earth

0 8 0 3 2 0 1 7From 200 pmto 300 pm withu n l i m i t e dextension of 05minutes ie theend time of thee-auction by fiveminutes eachtime if bid ismade within thelast five minutesbefore closure ofauction

Quotationfor

participatingin e-auction

sale -ldquoVeeckeyMinerals ampExportsrdquo

`

7175000

Terms and conditions of Salei) For details help procedure and online training in e-auction prospective bidders may contact the e-auction service provider Ms 4ClosureHyderabad between 1000 am to 0600 pm The helpline No 040-23836405 Amaresh-814200003066 Help Line e-mail ID infobankauctionsinor amareshbankauctionsin ii) The Bid document can also be downloaded from IDBI website (wwwidbicom) and (httpswwwbankauctionsin)iii) The amount of EMD paid by the interested bidders shall carry no interest iv) The property is proposed to be sold on AS IS WHERE IS AND ASIS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASIS The Authorised Oficer (AO) will not take responsibility for any duesstatutory or otherwise outstanding as on date and yet to fall due including dues that may affect transfer of property in the name of the purchaserand such dues if any will have to be borne by the purchaser Bank does not take any responsibility to provide information on the same

Statutory 30 days notice under rule 8(6) 6(2) amp 9(1) of the SARFAESI Act 2002v) This is also a notice to the borrower(s) Guarantor(s) Mortgagor(s) of the said loan us 8(6) 6(2) and 9(1) of the rules of the said Act aboutholding of e-auction sale of the above mentioned property on the above mentioned date requesting their presence and co-operationNote The detailed advertisement with all the terms and conditions is available at httpwwwidbicom link ParticipantsBorrowerGuarantorsMortgagor are requested to refer the same before participation in bidding process The intending bidders may contact the Authorised Officer IDBIBank Ltd Bhubaneswar Zonal Office NPA Management Group Janpath Unit - IX 2nd Floor Bhubaneswar - 751022 for ascertaining the detailsof property to collect form of profile of the Bidder amp form of Appendix to the BidOffer (Declaration by the Bidder) and also for inspection of theproperty on the dates fixed as above by the Bank

ShriPrasanna

KumarNanda 43

ParkTower

GanganagarUnit - VI

Bhubaneswar- 751001Odisha

`

100000`

720000

Place Bhubaneswar Date 06022017 Authorised Officer IDBI Bank Ltd

Bank Contact Person Enforcement Agent - Contact Person

Shri Soumyaranjan Das Cell No- 9438562733 9090450882a) Smt Minky Pramanik DGM minkypramanikidbicoin Phone No - 0674-6616702b) Shri Arindam Biswas Manager arindambiswasidbicoin Phone No - 0674-6616701

The Authorised Officer (AO)

of

IDBI Bank Ltd

NMG ndash Bhubaneswar Zonal Office IDBI House

Janpath Unit ndash IX Bhubaneswar - 751022

TENDER DOCUMENT

For

Sale of Assets (Immovables) of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of

Veeckey Minerals amp Exports Under

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002

and

The Security Interest (Enforcement) Rules 2002

Date February 06 2017

2

CONTENTS SrNo Particulars Page

No I Public Notice for Sale published in the newspapers

3 - 6

II Introduction Brief Description of secured assets and outstanding dues

7

III Terms amp Conditions

8 - 13

IV Bid form ndashIndividual

14 - 15

V Bid form -Company Partnership firm Proprietorship firm

16 - 17

VI Declaration by bidder (on general stamp paper of `100-)

18 - 20

3

I Public Notice for Sale published in the newspapers

IDBI Bank Limited Bhubaneswar Zonal Office NPA Management Group 2nd

Bhubaneswar ndash 751022 Floor Janpath Unit - IX

Website ndash wwwidbicom CIN ndashL65190MH2004GOI148838

E ndash AUCTION SALE NOTICE

Notice is hereby given to the public in general and to the Borrower Guarantors Mortgagers in particular by the Authorised Officer that the under mentioned properties mortgaged to IDBI Bank Ltd Zonal Office Janpath Unit ndash IX Bhubaneswar ndash 751022 taken possession under the provisions of section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (SARFAESI ACT 2002) will be sold by E- Auction as mentioned below on ldquoAS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASISrdquo for recovery of under mentioned dues with further interest charges and cost etc as detailed below This is also a notice to the Borrower and to the GuarantorsMortgagors of the below mentioned loan about holding of e-auction to be held on the below mentioned date if their outstanding dues are not repaid in full within 30 days from the date of publication of this notice

The sale of the secured assets is proposed to be made as under

a) Name and address of the Borrower b) Name and address of the Guarantors c) Name and address of the Mortgagor

a)Date of NPA b)Date of 13(2) Notice c)Date of Possession d)Amount of Demand

Sealed cover should be super scribed with

a) Date amp Time of Verification of property b) Last date for receiving Bids

Date amp Time of E-Auction

a) Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha

a) 30062009 ldquoQuotation for participating in e-auction sale ndash ldquoVeeckey Minerals amp

a) From 27022017 to 05032017 between 1100 am and 400 pm with prior

08032017 From 200 pm to 300 pm with unlimited extension of

b) 01072011 c) 31072013 d) `31459292- as on 30062011 and

4

b) Shri Prasanna Kumar Nanda Shri Utathya Nanda Smt Malavika Nanda and Smt Tapasi Nanda all are at 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha Shri Sarada Prasanna Parija A12 Surya Nagar PS ndashCapital Dist ndash Khurda Bhubaneswar - 751003 c) Shri Prasanna Kumar Nanda 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha

further interest thereon from 01072011 with monthly rests along with all costs charges and expenses etc

Exports rdquo intimation b) 06032017 before 0530 pm

five minutes ie the end time of the e-auction by five minutes each time if bid is made within the last five minutes before closure of auction

Description of Immovable property

Property owned by

Reserve Price

Earnest Money Deposit

Bid Incremental Amount

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000

Shri Prasanna Kumar Nanda 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha

`7175000- `720000- `100000-

5

dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

Terms and conditions of Sale

i) For details help procedure and online training in e-auction prospective bidders may contact the e-auction service provider Ms 4Closure Hyderabad between 1000 am to 0600 pm The helpline No 040-23836405 Amaresh-814200003066 Help Line e-mail ID infobankauctionsin or amareshbankauctionsin ii) The Bid document can also be downloaded from IDBI website (wwwidbicom) and (httpswwwbankauctionsiniii) The amount of EMD paid by the interested bidders shall carry no interest

)

iv) The property is proposed to be sold on ldquoAS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASISrdquo The Authorised Oficer (AO) will not take responsibility for any dues statutory or otherwise outstanding as on date and yet to fall due including dues that may affect transfer of property in the name of the purchaser and such dues if any will have to be borne by the purchaser Bank does not take any responsibility to provide information on the same Statutory 30 days notice under rule 8(6) 6(2) amp 9(1) of the SARFAESI Act 2002 v) This is also a notice to the borrower(s) Guarantor(s) Mortgagor(s) of the said loan us 8(6) 6(2) and 9(1) of the rules of the said act about holding of e-auction sale of the above mentioned property on the above mentioned date requesting their presence and co-operation Note The detailed advertisement with all the terms and conditions is available at httpwwwidbicom link ParticipantsBorrowerGuarantorsMortgagor are

6

requested to refer the same before participation in bidding process The intending bidders may contact the Authorised Officer IDBI Bank Ltd Bhubaneswar Zonal Office NPA Management Group Janpath Unit ndash IX 2nd

Floor Bhubaneswar - 751022 for ascertaining the details of property to collect form of profile of the Bidder amp form of Appendix to the BidOffer (Declaration by the Bidder) and also for inspection of the property on the dates fixed as above by the Bank

Bank ndash Contact Persons Enforcement Agent - Contact Person

a) Smt Minky Pramanik DGM minkypramanikidbicoin Phone No - 0674-6616702 b) Shri Arindam Biswas Manager arindambiswasidbicoin Phone No - 0674-6616701

Shri Soumyaranjan Das Cell No- 94385627339090450882

Place Bhubaneswar Authorised Officer

Date February 06 2017 IDBI Bank Ltd

The above notice was published in Business Standard (English) and Samaya (Odiya) on February 06 2017

7

II Introduction Brief Description of secured assets and outstanding dues

1

INTRODUCTION

IDBI Bank Ltd (IDBI) having its Head Office at IDBI Tower Cuffe Parade Mumbai 400 005 issued a notice dated July 01 2011 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (hereinafter referred to as ldquothe SARFAESI Actrdquo) calling upon Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha (hereinafter referred to as the Borrower) to repay within 60 days from the date of the said notice the amount mentioned in the said notice being `31459292- (Rupess three crore fourteen lakh fifty nine thousand two hundred and ninety two only) as on June 30 2011 together with further interest from July 01 2011 at the contractual rates upon the footing of compound interest until payment realization Though the Borrower duly acknowledged receipt of the said notice it failed to discharge the liability

As the guarantors and mortgagors has mortgaged the property to IDBI Bank Ltd as collateral security dues recoverable from the Borrower constitute and represent 100 value of the outstanding dues having charge on the assets as envisaged under Section 13(9) of SARFAESI Act The possession of immovable properties was taken on July 31 2013 The AO has also got the assets valued after taking possession as required under the SARFAESI Act

The list of secured assets being put on sale is mentioned hereinafter

2 BRIEF DESCRIPTION OF SECURED ASSETS

Property Description Reserve Price (`)

Earnest Money Deposit (EMD) (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

3 Outstanding dues of the secured lenders as on February 01 2017 is ` 9494878475

8

III TERMS AND CONDITIONS 1 The Authorised Officer (AO) exercising the powers under the Securitisation and

Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 read with Security Interest (Enforcement) Rules 2002 (hereinafter referred to as the SARFAESI Act) is selling the assetsproperties mentioned at item No II of the Tender Document (hereinafter referred to as the Secured Assets) and the same are being sold free from charges and encumbrances of the secured lenders mentioned at item NoIII of the Tender Document

2 Issue of Tender Offer Bid DocumentThe Bid Document along with Offer Form is available free of cost from February 06 2017 to March 06 2017 and can be obtained from Smt Minky Pramanik Deputy General Manager or from Shri Arindam Biswas Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 on any working day between 1100 am and 400 pm The bid document can also be downloaded from IDBIrsquos website (wwwidbicom) And e-Auction service providerrsquos website ie httpswwwbankauctionsin Interested parties can participate in the e-Auction for only the property

3

Reserve Price Property Description (Details are provided under Brief Description of secured assets page 7 of this bid document)

Reserve Price(`)

Earnest Money Deposit (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

4 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo and ldquowithout recourserdquo basis The description of the immovable properties is based on the mortgages created by the BorrowerMortgagor with the secured lenders from time to time and the representations made by them The AO does not take or assume any responsibility for any shortfall of the immovable assets or for procuring any permission etc or for the dues of any authority established by law All statutory liabilities taxes maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder It is expressly made clear that the AO Bank do not take any responsibility to provide information on the same The AO Bank does not take or assume any responsibility for any dues statutory or otherwise including such dues that may affect transfer of the assets in

9

the name of the purchaser and such dues if any will have to be bornepaid by the purchaser

5 Inspection of assets The interested parties may inspect the assets at their own cost between 1100 am and 400 pm from February 27 2017 to March 05 2017 in the presence of a representative of the AO available at the site to facilitate the inspection

6 Due Diligence by the Bidders The interested parties may carry out their own comprehensive due diligence in respect of the Secured Assets including any dues relating to the Secured Assets A bidder shall be deemed to have full knowledge of the condition of the assets relevant documents information etc whether the bidder actually inspects or visits or verifies or not

7 The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose the Bidders may in their own interest and at their own cost verify the area of the premises and details of movable assets and any other relevant information before submitting the Bids It shall be presumed that the bidder has satisfied himselfherself about the names descriptions particulars quantities qualities specifications measurements boundaries and abuttal of the assetsproperties and that the bidder concurs or otherwise admits the identity of the assetsproperties purchased by himher notwithstanding any discrepancy or variation by comparison of the description in the particulars of the assetsproperties and their condition

8 The Bidder shall not be entitled to receive re-imbursement of any expenses which may have been incurred in preparation of the BidOffer for submission andor for carrying out due diligence search of titles to the assets and matters incidental thereto or for any other purpose in connection with purchase of the assets under reference

9 Submission of TenderOfferThe Bidder shall complete in all respects the Offer form(s) annexed to the Tender Document and furnish the information called for therein and shall sign and date each of the documents in the space provided therein for the purpose The Bidder shall initial each page of the Offer Offers received for sale and or accepted are not transferable The Format for submission of Profile of the bidder is given in Chapter IV amp V respectively of this Tender Documents The format Chapter IV is for Individuals and The format Chapter V is for Company Proprietorship Partnership firms Bidders may fill in only the form relevant to them

10 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder with the signature which should be duly attested

11 The TenderOffer shall contain the full address Telephone No Fax No e-mail-ID if any of the Bidder for serving notices required to be given to the Bidder in connection with the Offer

12 Bidders are also required to submit declaration executed on general stamp paper of `100- along with the Bid form as per the format given at Chapter VI

13 The TenderOffer form declaration etc shall not be detached from the Bid Documents ie one from the other and no alteration or mutilation (other than filling in all the blank spaces) shall be made in any of the documents attached

10

thereto ie entire set of Bid Document along with duly filled relevant forms be submitted to AO

14 Last date for submission of TenderOffer Bid DocumentThe interested parties may submit Tender Offer Bid Document duly filled and signed along with the required documents to the AO Smt Minky Pramanik Deputy General Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 not later than 400 pm on March 06 2017 in a sealed cover Bidders to submit the EMD by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha Such bidders must indicate RTGS UTR No Amount remitted and date in the appropriate space in the Profile of the Bidder

15 Only those bidders will be permitted to participate in the e-Auction whose Tender Offer Bid Document is complete in every respect and remittance by way of RTGS proceeds is credited into the account indicated well before the cut-off time Bank does not take any responsibility and will not entertain any complaint for any delay in transfer of funds by way of electronic mode Form of Tender Offer Bid document if found incomplete in any respect shall be liable for outright rejection

16 Procedure for e-Auction (after submission of bid to AO) a IDBI has appointed Ms 4 Closure (Bank Auctionin) (Flat No102 Amrutha

Apartments Plot No20 Mohitnagar Hyderabad - 500018) as e-Auction Support Provider (e-ASP) for said sale

b Shri Amaresh Samantasinghar on 814200003066 amareshbankauctionsin (email) is authorized representatives of e-ASP

c After scrutinisation of bids and confirmation of the receipt of EMD as advised AO would forward names and other details of valid bidders to the e-ASP for initiating further process related to auction

d Valid bidders are required to be in touch with the e-ASP and submit following documents to e-ASP- 1 Details of EMD ie details of RTGS sent to AO 2 Self attested copy of PAN Card 3 Self attested valid Residential Proof (any one of the-Voter-id Passport

Driving License Aadhar Card Electricity Bill Telephone Bill) 4 Valid e-mail id and contact details (with alternate mobile land line phone

numbers) e After registration and satisfaction of KYC and other norms e-ASP would

provide user id and password to the valid bidders f After receiving the user-id password from e-ASP the bidders may request for

training for e-Auction g After completion of e-Auction process e-ASP would submit list of the bidders

alongwith its bid amount to AO h Thereafter AO would intimate the bidders accordingly

Bank AO e-ASP provider will not be held responsible for any error occurred due to power failure computer hardware or software error network error etc at the time of e-Auction

17 Date and Time of endashAuction March 08 2017 200 pm to 300 pm

11

The auction would be held with unlimited extensions of 05 minutes each if required on e-Auction platform at website httpswwwbankauctionsin

Increase in Bid Amount

In case no further valid bids are received during the extended period the last highest bid received would be treated as the successful bid and auction would be treated as closedterminated

It may be noted that increase in bid amount if any during the e-Auction period shall be made as under In multiples of `100000- for the property

First bid should be of at least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above

increase in bid amount below the aforesaid amounts will be rejected

18 AO reserves the right to retain the EMD of top three bidderrsquos upto three months from the date of e-Auction and the amount of such EMD will not carry any interest The Bids so retained will be valid for three months from the date of e-Auction or till further extension of time as may be approved by the AO The EMD of other bids will be returned within 7 days from the date of e-Auction

19 Payment of Sale Price The successful bidder would be informed in writing about the acceptance of hisher bidoffer by the AO and will be required to deposit 25 of the sale price (less the amount of EMD) immediately after issuance of letter intimating acceptance of hisher bid that is confirmation of sale in his favour by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha

The balance amount of the sale price shall have to be paid within 15 days from the sale date by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha or such extended period as may be agreed upon in writing between the successful bidder and the AO

20 In case the successful bidder fails to deposit 25 of the sale price within stipulated period the AO shall forfeit the EMD and if the successful bidder backs out after paying 25 of the sale price then AO shall forfeit the 25 of the sale consideration so deposited including the EMD

21 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold

22 In the event of the successful bidder failing to pay the consideration amount within the time schedule stipulated the amount paid by such bidder would be forfeited and also the AO reserves the right to re-sell the assets to the secondthird highest bidder or re-auction the property in the above manner who shall also be treated as the successful bidder mentioned in clauses 9 to 16 above and further in terms of this Bid Document

23 On confirmation of sale and if the terms of payment have been complied with and the successful bidder pays entire sale consideration the AO exercising the power of sale shall issue ldquoCertificate of Salerdquo for the immovable property in favour of the purchaser as per the format provided in the Security Interest (Enforcement) Rules 2002

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 3: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

The Authorised Officer (AO)

of

IDBI Bank Ltd

NMG ndash Bhubaneswar Zonal Office IDBI House

Janpath Unit ndash IX Bhubaneswar - 751022

TENDER DOCUMENT

For

Sale of Assets (Immovables) of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of

Veeckey Minerals amp Exports Under

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002

and

The Security Interest (Enforcement) Rules 2002

Date February 06 2017

2

CONTENTS SrNo Particulars Page

No I Public Notice for Sale published in the newspapers

3 - 6

II Introduction Brief Description of secured assets and outstanding dues

7

III Terms amp Conditions

8 - 13

IV Bid form ndashIndividual

14 - 15

V Bid form -Company Partnership firm Proprietorship firm

16 - 17

VI Declaration by bidder (on general stamp paper of `100-)

18 - 20

3

I Public Notice for Sale published in the newspapers

IDBI Bank Limited Bhubaneswar Zonal Office NPA Management Group 2nd

Bhubaneswar ndash 751022 Floor Janpath Unit - IX

Website ndash wwwidbicom CIN ndashL65190MH2004GOI148838

E ndash AUCTION SALE NOTICE

Notice is hereby given to the public in general and to the Borrower Guarantors Mortgagers in particular by the Authorised Officer that the under mentioned properties mortgaged to IDBI Bank Ltd Zonal Office Janpath Unit ndash IX Bhubaneswar ndash 751022 taken possession under the provisions of section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (SARFAESI ACT 2002) will be sold by E- Auction as mentioned below on ldquoAS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASISrdquo for recovery of under mentioned dues with further interest charges and cost etc as detailed below This is also a notice to the Borrower and to the GuarantorsMortgagors of the below mentioned loan about holding of e-auction to be held on the below mentioned date if their outstanding dues are not repaid in full within 30 days from the date of publication of this notice

The sale of the secured assets is proposed to be made as under

a) Name and address of the Borrower b) Name and address of the Guarantors c) Name and address of the Mortgagor

a)Date of NPA b)Date of 13(2) Notice c)Date of Possession d)Amount of Demand

Sealed cover should be super scribed with

a) Date amp Time of Verification of property b) Last date for receiving Bids

Date amp Time of E-Auction

a) Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha

a) 30062009 ldquoQuotation for participating in e-auction sale ndash ldquoVeeckey Minerals amp

a) From 27022017 to 05032017 between 1100 am and 400 pm with prior

08032017 From 200 pm to 300 pm with unlimited extension of

b) 01072011 c) 31072013 d) `31459292- as on 30062011 and

4

b) Shri Prasanna Kumar Nanda Shri Utathya Nanda Smt Malavika Nanda and Smt Tapasi Nanda all are at 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha Shri Sarada Prasanna Parija A12 Surya Nagar PS ndashCapital Dist ndash Khurda Bhubaneswar - 751003 c) Shri Prasanna Kumar Nanda 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha

further interest thereon from 01072011 with monthly rests along with all costs charges and expenses etc

Exports rdquo intimation b) 06032017 before 0530 pm

five minutes ie the end time of the e-auction by five minutes each time if bid is made within the last five minutes before closure of auction

Description of Immovable property

Property owned by

Reserve Price

Earnest Money Deposit

Bid Incremental Amount

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000

Shri Prasanna Kumar Nanda 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha

`7175000- `720000- `100000-

5

dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

Terms and conditions of Sale

i) For details help procedure and online training in e-auction prospective bidders may contact the e-auction service provider Ms 4Closure Hyderabad between 1000 am to 0600 pm The helpline No 040-23836405 Amaresh-814200003066 Help Line e-mail ID infobankauctionsin or amareshbankauctionsin ii) The Bid document can also be downloaded from IDBI website (wwwidbicom) and (httpswwwbankauctionsiniii) The amount of EMD paid by the interested bidders shall carry no interest

)

iv) The property is proposed to be sold on ldquoAS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASISrdquo The Authorised Oficer (AO) will not take responsibility for any dues statutory or otherwise outstanding as on date and yet to fall due including dues that may affect transfer of property in the name of the purchaser and such dues if any will have to be borne by the purchaser Bank does not take any responsibility to provide information on the same Statutory 30 days notice under rule 8(6) 6(2) amp 9(1) of the SARFAESI Act 2002 v) This is also a notice to the borrower(s) Guarantor(s) Mortgagor(s) of the said loan us 8(6) 6(2) and 9(1) of the rules of the said act about holding of e-auction sale of the above mentioned property on the above mentioned date requesting their presence and co-operation Note The detailed advertisement with all the terms and conditions is available at httpwwwidbicom link ParticipantsBorrowerGuarantorsMortgagor are

6

requested to refer the same before participation in bidding process The intending bidders may contact the Authorised Officer IDBI Bank Ltd Bhubaneswar Zonal Office NPA Management Group Janpath Unit ndash IX 2nd

Floor Bhubaneswar - 751022 for ascertaining the details of property to collect form of profile of the Bidder amp form of Appendix to the BidOffer (Declaration by the Bidder) and also for inspection of the property on the dates fixed as above by the Bank

Bank ndash Contact Persons Enforcement Agent - Contact Person

a) Smt Minky Pramanik DGM minkypramanikidbicoin Phone No - 0674-6616702 b) Shri Arindam Biswas Manager arindambiswasidbicoin Phone No - 0674-6616701

Shri Soumyaranjan Das Cell No- 94385627339090450882

Place Bhubaneswar Authorised Officer

Date February 06 2017 IDBI Bank Ltd

The above notice was published in Business Standard (English) and Samaya (Odiya) on February 06 2017

7

II Introduction Brief Description of secured assets and outstanding dues

1

INTRODUCTION

IDBI Bank Ltd (IDBI) having its Head Office at IDBI Tower Cuffe Parade Mumbai 400 005 issued a notice dated July 01 2011 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (hereinafter referred to as ldquothe SARFAESI Actrdquo) calling upon Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha (hereinafter referred to as the Borrower) to repay within 60 days from the date of the said notice the amount mentioned in the said notice being `31459292- (Rupess three crore fourteen lakh fifty nine thousand two hundred and ninety two only) as on June 30 2011 together with further interest from July 01 2011 at the contractual rates upon the footing of compound interest until payment realization Though the Borrower duly acknowledged receipt of the said notice it failed to discharge the liability

As the guarantors and mortgagors has mortgaged the property to IDBI Bank Ltd as collateral security dues recoverable from the Borrower constitute and represent 100 value of the outstanding dues having charge on the assets as envisaged under Section 13(9) of SARFAESI Act The possession of immovable properties was taken on July 31 2013 The AO has also got the assets valued after taking possession as required under the SARFAESI Act

The list of secured assets being put on sale is mentioned hereinafter

2 BRIEF DESCRIPTION OF SECURED ASSETS

Property Description Reserve Price (`)

Earnest Money Deposit (EMD) (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

3 Outstanding dues of the secured lenders as on February 01 2017 is ` 9494878475

8

III TERMS AND CONDITIONS 1 The Authorised Officer (AO) exercising the powers under the Securitisation and

Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 read with Security Interest (Enforcement) Rules 2002 (hereinafter referred to as the SARFAESI Act) is selling the assetsproperties mentioned at item No II of the Tender Document (hereinafter referred to as the Secured Assets) and the same are being sold free from charges and encumbrances of the secured lenders mentioned at item NoIII of the Tender Document

2 Issue of Tender Offer Bid DocumentThe Bid Document along with Offer Form is available free of cost from February 06 2017 to March 06 2017 and can be obtained from Smt Minky Pramanik Deputy General Manager or from Shri Arindam Biswas Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 on any working day between 1100 am and 400 pm The bid document can also be downloaded from IDBIrsquos website (wwwidbicom) And e-Auction service providerrsquos website ie httpswwwbankauctionsin Interested parties can participate in the e-Auction for only the property

3

Reserve Price Property Description (Details are provided under Brief Description of secured assets page 7 of this bid document)

Reserve Price(`)

Earnest Money Deposit (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

4 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo and ldquowithout recourserdquo basis The description of the immovable properties is based on the mortgages created by the BorrowerMortgagor with the secured lenders from time to time and the representations made by them The AO does not take or assume any responsibility for any shortfall of the immovable assets or for procuring any permission etc or for the dues of any authority established by law All statutory liabilities taxes maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder It is expressly made clear that the AO Bank do not take any responsibility to provide information on the same The AO Bank does not take or assume any responsibility for any dues statutory or otherwise including such dues that may affect transfer of the assets in

9

the name of the purchaser and such dues if any will have to be bornepaid by the purchaser

5 Inspection of assets The interested parties may inspect the assets at their own cost between 1100 am and 400 pm from February 27 2017 to March 05 2017 in the presence of a representative of the AO available at the site to facilitate the inspection

6 Due Diligence by the Bidders The interested parties may carry out their own comprehensive due diligence in respect of the Secured Assets including any dues relating to the Secured Assets A bidder shall be deemed to have full knowledge of the condition of the assets relevant documents information etc whether the bidder actually inspects or visits or verifies or not

7 The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose the Bidders may in their own interest and at their own cost verify the area of the premises and details of movable assets and any other relevant information before submitting the Bids It shall be presumed that the bidder has satisfied himselfherself about the names descriptions particulars quantities qualities specifications measurements boundaries and abuttal of the assetsproperties and that the bidder concurs or otherwise admits the identity of the assetsproperties purchased by himher notwithstanding any discrepancy or variation by comparison of the description in the particulars of the assetsproperties and their condition

8 The Bidder shall not be entitled to receive re-imbursement of any expenses which may have been incurred in preparation of the BidOffer for submission andor for carrying out due diligence search of titles to the assets and matters incidental thereto or for any other purpose in connection with purchase of the assets under reference

9 Submission of TenderOfferThe Bidder shall complete in all respects the Offer form(s) annexed to the Tender Document and furnish the information called for therein and shall sign and date each of the documents in the space provided therein for the purpose The Bidder shall initial each page of the Offer Offers received for sale and or accepted are not transferable The Format for submission of Profile of the bidder is given in Chapter IV amp V respectively of this Tender Documents The format Chapter IV is for Individuals and The format Chapter V is for Company Proprietorship Partnership firms Bidders may fill in only the form relevant to them

10 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder with the signature which should be duly attested

11 The TenderOffer shall contain the full address Telephone No Fax No e-mail-ID if any of the Bidder for serving notices required to be given to the Bidder in connection with the Offer

12 Bidders are also required to submit declaration executed on general stamp paper of `100- along with the Bid form as per the format given at Chapter VI

13 The TenderOffer form declaration etc shall not be detached from the Bid Documents ie one from the other and no alteration or mutilation (other than filling in all the blank spaces) shall be made in any of the documents attached

10

thereto ie entire set of Bid Document along with duly filled relevant forms be submitted to AO

14 Last date for submission of TenderOffer Bid DocumentThe interested parties may submit Tender Offer Bid Document duly filled and signed along with the required documents to the AO Smt Minky Pramanik Deputy General Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 not later than 400 pm on March 06 2017 in a sealed cover Bidders to submit the EMD by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha Such bidders must indicate RTGS UTR No Amount remitted and date in the appropriate space in the Profile of the Bidder

15 Only those bidders will be permitted to participate in the e-Auction whose Tender Offer Bid Document is complete in every respect and remittance by way of RTGS proceeds is credited into the account indicated well before the cut-off time Bank does not take any responsibility and will not entertain any complaint for any delay in transfer of funds by way of electronic mode Form of Tender Offer Bid document if found incomplete in any respect shall be liable for outright rejection

16 Procedure for e-Auction (after submission of bid to AO) a IDBI has appointed Ms 4 Closure (Bank Auctionin) (Flat No102 Amrutha

Apartments Plot No20 Mohitnagar Hyderabad - 500018) as e-Auction Support Provider (e-ASP) for said sale

b Shri Amaresh Samantasinghar on 814200003066 amareshbankauctionsin (email) is authorized representatives of e-ASP

c After scrutinisation of bids and confirmation of the receipt of EMD as advised AO would forward names and other details of valid bidders to the e-ASP for initiating further process related to auction

d Valid bidders are required to be in touch with the e-ASP and submit following documents to e-ASP- 1 Details of EMD ie details of RTGS sent to AO 2 Self attested copy of PAN Card 3 Self attested valid Residential Proof (any one of the-Voter-id Passport

Driving License Aadhar Card Electricity Bill Telephone Bill) 4 Valid e-mail id and contact details (with alternate mobile land line phone

numbers) e After registration and satisfaction of KYC and other norms e-ASP would

provide user id and password to the valid bidders f After receiving the user-id password from e-ASP the bidders may request for

training for e-Auction g After completion of e-Auction process e-ASP would submit list of the bidders

alongwith its bid amount to AO h Thereafter AO would intimate the bidders accordingly

Bank AO e-ASP provider will not be held responsible for any error occurred due to power failure computer hardware or software error network error etc at the time of e-Auction

17 Date and Time of endashAuction March 08 2017 200 pm to 300 pm

11

The auction would be held with unlimited extensions of 05 minutes each if required on e-Auction platform at website httpswwwbankauctionsin

Increase in Bid Amount

In case no further valid bids are received during the extended period the last highest bid received would be treated as the successful bid and auction would be treated as closedterminated

It may be noted that increase in bid amount if any during the e-Auction period shall be made as under In multiples of `100000- for the property

First bid should be of at least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above

increase in bid amount below the aforesaid amounts will be rejected

18 AO reserves the right to retain the EMD of top three bidderrsquos upto three months from the date of e-Auction and the amount of such EMD will not carry any interest The Bids so retained will be valid for three months from the date of e-Auction or till further extension of time as may be approved by the AO The EMD of other bids will be returned within 7 days from the date of e-Auction

19 Payment of Sale Price The successful bidder would be informed in writing about the acceptance of hisher bidoffer by the AO and will be required to deposit 25 of the sale price (less the amount of EMD) immediately after issuance of letter intimating acceptance of hisher bid that is confirmation of sale in his favour by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha

The balance amount of the sale price shall have to be paid within 15 days from the sale date by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha or such extended period as may be agreed upon in writing between the successful bidder and the AO

20 In case the successful bidder fails to deposit 25 of the sale price within stipulated period the AO shall forfeit the EMD and if the successful bidder backs out after paying 25 of the sale price then AO shall forfeit the 25 of the sale consideration so deposited including the EMD

21 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold

22 In the event of the successful bidder failing to pay the consideration amount within the time schedule stipulated the amount paid by such bidder would be forfeited and also the AO reserves the right to re-sell the assets to the secondthird highest bidder or re-auction the property in the above manner who shall also be treated as the successful bidder mentioned in clauses 9 to 16 above and further in terms of this Bid Document

23 On confirmation of sale and if the terms of payment have been complied with and the successful bidder pays entire sale consideration the AO exercising the power of sale shall issue ldquoCertificate of Salerdquo for the immovable property in favour of the purchaser as per the format provided in the Security Interest (Enforcement) Rules 2002

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 4: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

2

CONTENTS SrNo Particulars Page

No I Public Notice for Sale published in the newspapers

3 - 6

II Introduction Brief Description of secured assets and outstanding dues

7

III Terms amp Conditions

8 - 13

IV Bid form ndashIndividual

14 - 15

V Bid form -Company Partnership firm Proprietorship firm

16 - 17

VI Declaration by bidder (on general stamp paper of `100-)

18 - 20

3

I Public Notice for Sale published in the newspapers

IDBI Bank Limited Bhubaneswar Zonal Office NPA Management Group 2nd

Bhubaneswar ndash 751022 Floor Janpath Unit - IX

Website ndash wwwidbicom CIN ndashL65190MH2004GOI148838

E ndash AUCTION SALE NOTICE

Notice is hereby given to the public in general and to the Borrower Guarantors Mortgagers in particular by the Authorised Officer that the under mentioned properties mortgaged to IDBI Bank Ltd Zonal Office Janpath Unit ndash IX Bhubaneswar ndash 751022 taken possession under the provisions of section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (SARFAESI ACT 2002) will be sold by E- Auction as mentioned below on ldquoAS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASISrdquo for recovery of under mentioned dues with further interest charges and cost etc as detailed below This is also a notice to the Borrower and to the GuarantorsMortgagors of the below mentioned loan about holding of e-auction to be held on the below mentioned date if their outstanding dues are not repaid in full within 30 days from the date of publication of this notice

The sale of the secured assets is proposed to be made as under

a) Name and address of the Borrower b) Name and address of the Guarantors c) Name and address of the Mortgagor

a)Date of NPA b)Date of 13(2) Notice c)Date of Possession d)Amount of Demand

Sealed cover should be super scribed with

a) Date amp Time of Verification of property b) Last date for receiving Bids

Date amp Time of E-Auction

a) Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha

a) 30062009 ldquoQuotation for participating in e-auction sale ndash ldquoVeeckey Minerals amp

a) From 27022017 to 05032017 between 1100 am and 400 pm with prior

08032017 From 200 pm to 300 pm with unlimited extension of

b) 01072011 c) 31072013 d) `31459292- as on 30062011 and

4

b) Shri Prasanna Kumar Nanda Shri Utathya Nanda Smt Malavika Nanda and Smt Tapasi Nanda all are at 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha Shri Sarada Prasanna Parija A12 Surya Nagar PS ndashCapital Dist ndash Khurda Bhubaneswar - 751003 c) Shri Prasanna Kumar Nanda 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha

further interest thereon from 01072011 with monthly rests along with all costs charges and expenses etc

Exports rdquo intimation b) 06032017 before 0530 pm

five minutes ie the end time of the e-auction by five minutes each time if bid is made within the last five minutes before closure of auction

Description of Immovable property

Property owned by

Reserve Price

Earnest Money Deposit

Bid Incremental Amount

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000

Shri Prasanna Kumar Nanda 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha

`7175000- `720000- `100000-

5

dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

Terms and conditions of Sale

i) For details help procedure and online training in e-auction prospective bidders may contact the e-auction service provider Ms 4Closure Hyderabad between 1000 am to 0600 pm The helpline No 040-23836405 Amaresh-814200003066 Help Line e-mail ID infobankauctionsin or amareshbankauctionsin ii) The Bid document can also be downloaded from IDBI website (wwwidbicom) and (httpswwwbankauctionsiniii) The amount of EMD paid by the interested bidders shall carry no interest

)

iv) The property is proposed to be sold on ldquoAS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASISrdquo The Authorised Oficer (AO) will not take responsibility for any dues statutory or otherwise outstanding as on date and yet to fall due including dues that may affect transfer of property in the name of the purchaser and such dues if any will have to be borne by the purchaser Bank does not take any responsibility to provide information on the same Statutory 30 days notice under rule 8(6) 6(2) amp 9(1) of the SARFAESI Act 2002 v) This is also a notice to the borrower(s) Guarantor(s) Mortgagor(s) of the said loan us 8(6) 6(2) and 9(1) of the rules of the said act about holding of e-auction sale of the above mentioned property on the above mentioned date requesting their presence and co-operation Note The detailed advertisement with all the terms and conditions is available at httpwwwidbicom link ParticipantsBorrowerGuarantorsMortgagor are

6

requested to refer the same before participation in bidding process The intending bidders may contact the Authorised Officer IDBI Bank Ltd Bhubaneswar Zonal Office NPA Management Group Janpath Unit ndash IX 2nd

Floor Bhubaneswar - 751022 for ascertaining the details of property to collect form of profile of the Bidder amp form of Appendix to the BidOffer (Declaration by the Bidder) and also for inspection of the property on the dates fixed as above by the Bank

Bank ndash Contact Persons Enforcement Agent - Contact Person

a) Smt Minky Pramanik DGM minkypramanikidbicoin Phone No - 0674-6616702 b) Shri Arindam Biswas Manager arindambiswasidbicoin Phone No - 0674-6616701

Shri Soumyaranjan Das Cell No- 94385627339090450882

Place Bhubaneswar Authorised Officer

Date February 06 2017 IDBI Bank Ltd

The above notice was published in Business Standard (English) and Samaya (Odiya) on February 06 2017

7

II Introduction Brief Description of secured assets and outstanding dues

1

INTRODUCTION

IDBI Bank Ltd (IDBI) having its Head Office at IDBI Tower Cuffe Parade Mumbai 400 005 issued a notice dated July 01 2011 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (hereinafter referred to as ldquothe SARFAESI Actrdquo) calling upon Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha (hereinafter referred to as the Borrower) to repay within 60 days from the date of the said notice the amount mentioned in the said notice being `31459292- (Rupess three crore fourteen lakh fifty nine thousand two hundred and ninety two only) as on June 30 2011 together with further interest from July 01 2011 at the contractual rates upon the footing of compound interest until payment realization Though the Borrower duly acknowledged receipt of the said notice it failed to discharge the liability

As the guarantors and mortgagors has mortgaged the property to IDBI Bank Ltd as collateral security dues recoverable from the Borrower constitute and represent 100 value of the outstanding dues having charge on the assets as envisaged under Section 13(9) of SARFAESI Act The possession of immovable properties was taken on July 31 2013 The AO has also got the assets valued after taking possession as required under the SARFAESI Act

The list of secured assets being put on sale is mentioned hereinafter

2 BRIEF DESCRIPTION OF SECURED ASSETS

Property Description Reserve Price (`)

Earnest Money Deposit (EMD) (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

3 Outstanding dues of the secured lenders as on February 01 2017 is ` 9494878475

8

III TERMS AND CONDITIONS 1 The Authorised Officer (AO) exercising the powers under the Securitisation and

Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 read with Security Interest (Enforcement) Rules 2002 (hereinafter referred to as the SARFAESI Act) is selling the assetsproperties mentioned at item No II of the Tender Document (hereinafter referred to as the Secured Assets) and the same are being sold free from charges and encumbrances of the secured lenders mentioned at item NoIII of the Tender Document

2 Issue of Tender Offer Bid DocumentThe Bid Document along with Offer Form is available free of cost from February 06 2017 to March 06 2017 and can be obtained from Smt Minky Pramanik Deputy General Manager or from Shri Arindam Biswas Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 on any working day between 1100 am and 400 pm The bid document can also be downloaded from IDBIrsquos website (wwwidbicom) And e-Auction service providerrsquos website ie httpswwwbankauctionsin Interested parties can participate in the e-Auction for only the property

3

Reserve Price Property Description (Details are provided under Brief Description of secured assets page 7 of this bid document)

Reserve Price(`)

Earnest Money Deposit (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

4 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo and ldquowithout recourserdquo basis The description of the immovable properties is based on the mortgages created by the BorrowerMortgagor with the secured lenders from time to time and the representations made by them The AO does not take or assume any responsibility for any shortfall of the immovable assets or for procuring any permission etc or for the dues of any authority established by law All statutory liabilities taxes maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder It is expressly made clear that the AO Bank do not take any responsibility to provide information on the same The AO Bank does not take or assume any responsibility for any dues statutory or otherwise including such dues that may affect transfer of the assets in

9

the name of the purchaser and such dues if any will have to be bornepaid by the purchaser

5 Inspection of assets The interested parties may inspect the assets at their own cost between 1100 am and 400 pm from February 27 2017 to March 05 2017 in the presence of a representative of the AO available at the site to facilitate the inspection

6 Due Diligence by the Bidders The interested parties may carry out their own comprehensive due diligence in respect of the Secured Assets including any dues relating to the Secured Assets A bidder shall be deemed to have full knowledge of the condition of the assets relevant documents information etc whether the bidder actually inspects or visits or verifies or not

7 The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose the Bidders may in their own interest and at their own cost verify the area of the premises and details of movable assets and any other relevant information before submitting the Bids It shall be presumed that the bidder has satisfied himselfherself about the names descriptions particulars quantities qualities specifications measurements boundaries and abuttal of the assetsproperties and that the bidder concurs or otherwise admits the identity of the assetsproperties purchased by himher notwithstanding any discrepancy or variation by comparison of the description in the particulars of the assetsproperties and their condition

8 The Bidder shall not be entitled to receive re-imbursement of any expenses which may have been incurred in preparation of the BidOffer for submission andor for carrying out due diligence search of titles to the assets and matters incidental thereto or for any other purpose in connection with purchase of the assets under reference

9 Submission of TenderOfferThe Bidder shall complete in all respects the Offer form(s) annexed to the Tender Document and furnish the information called for therein and shall sign and date each of the documents in the space provided therein for the purpose The Bidder shall initial each page of the Offer Offers received for sale and or accepted are not transferable The Format for submission of Profile of the bidder is given in Chapter IV amp V respectively of this Tender Documents The format Chapter IV is for Individuals and The format Chapter V is for Company Proprietorship Partnership firms Bidders may fill in only the form relevant to them

10 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder with the signature which should be duly attested

11 The TenderOffer shall contain the full address Telephone No Fax No e-mail-ID if any of the Bidder for serving notices required to be given to the Bidder in connection with the Offer

12 Bidders are also required to submit declaration executed on general stamp paper of `100- along with the Bid form as per the format given at Chapter VI

13 The TenderOffer form declaration etc shall not be detached from the Bid Documents ie one from the other and no alteration or mutilation (other than filling in all the blank spaces) shall be made in any of the documents attached

10

thereto ie entire set of Bid Document along with duly filled relevant forms be submitted to AO

14 Last date for submission of TenderOffer Bid DocumentThe interested parties may submit Tender Offer Bid Document duly filled and signed along with the required documents to the AO Smt Minky Pramanik Deputy General Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 not later than 400 pm on March 06 2017 in a sealed cover Bidders to submit the EMD by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha Such bidders must indicate RTGS UTR No Amount remitted and date in the appropriate space in the Profile of the Bidder

15 Only those bidders will be permitted to participate in the e-Auction whose Tender Offer Bid Document is complete in every respect and remittance by way of RTGS proceeds is credited into the account indicated well before the cut-off time Bank does not take any responsibility and will not entertain any complaint for any delay in transfer of funds by way of electronic mode Form of Tender Offer Bid document if found incomplete in any respect shall be liable for outright rejection

16 Procedure for e-Auction (after submission of bid to AO) a IDBI has appointed Ms 4 Closure (Bank Auctionin) (Flat No102 Amrutha

Apartments Plot No20 Mohitnagar Hyderabad - 500018) as e-Auction Support Provider (e-ASP) for said sale

b Shri Amaresh Samantasinghar on 814200003066 amareshbankauctionsin (email) is authorized representatives of e-ASP

c After scrutinisation of bids and confirmation of the receipt of EMD as advised AO would forward names and other details of valid bidders to the e-ASP for initiating further process related to auction

d Valid bidders are required to be in touch with the e-ASP and submit following documents to e-ASP- 1 Details of EMD ie details of RTGS sent to AO 2 Self attested copy of PAN Card 3 Self attested valid Residential Proof (any one of the-Voter-id Passport

Driving License Aadhar Card Electricity Bill Telephone Bill) 4 Valid e-mail id and contact details (with alternate mobile land line phone

numbers) e After registration and satisfaction of KYC and other norms e-ASP would

provide user id and password to the valid bidders f After receiving the user-id password from e-ASP the bidders may request for

training for e-Auction g After completion of e-Auction process e-ASP would submit list of the bidders

alongwith its bid amount to AO h Thereafter AO would intimate the bidders accordingly

Bank AO e-ASP provider will not be held responsible for any error occurred due to power failure computer hardware or software error network error etc at the time of e-Auction

17 Date and Time of endashAuction March 08 2017 200 pm to 300 pm

11

The auction would be held with unlimited extensions of 05 minutes each if required on e-Auction platform at website httpswwwbankauctionsin

Increase in Bid Amount

In case no further valid bids are received during the extended period the last highest bid received would be treated as the successful bid and auction would be treated as closedterminated

It may be noted that increase in bid amount if any during the e-Auction period shall be made as under In multiples of `100000- for the property

First bid should be of at least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above

increase in bid amount below the aforesaid amounts will be rejected

18 AO reserves the right to retain the EMD of top three bidderrsquos upto three months from the date of e-Auction and the amount of such EMD will not carry any interest The Bids so retained will be valid for three months from the date of e-Auction or till further extension of time as may be approved by the AO The EMD of other bids will be returned within 7 days from the date of e-Auction

19 Payment of Sale Price The successful bidder would be informed in writing about the acceptance of hisher bidoffer by the AO and will be required to deposit 25 of the sale price (less the amount of EMD) immediately after issuance of letter intimating acceptance of hisher bid that is confirmation of sale in his favour by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha

The balance amount of the sale price shall have to be paid within 15 days from the sale date by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha or such extended period as may be agreed upon in writing between the successful bidder and the AO

20 In case the successful bidder fails to deposit 25 of the sale price within stipulated period the AO shall forfeit the EMD and if the successful bidder backs out after paying 25 of the sale price then AO shall forfeit the 25 of the sale consideration so deposited including the EMD

21 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold

22 In the event of the successful bidder failing to pay the consideration amount within the time schedule stipulated the amount paid by such bidder would be forfeited and also the AO reserves the right to re-sell the assets to the secondthird highest bidder or re-auction the property in the above manner who shall also be treated as the successful bidder mentioned in clauses 9 to 16 above and further in terms of this Bid Document

23 On confirmation of sale and if the terms of payment have been complied with and the successful bidder pays entire sale consideration the AO exercising the power of sale shall issue ldquoCertificate of Salerdquo for the immovable property in favour of the purchaser as per the format provided in the Security Interest (Enforcement) Rules 2002

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 5: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

3

I Public Notice for Sale published in the newspapers

IDBI Bank Limited Bhubaneswar Zonal Office NPA Management Group 2nd

Bhubaneswar ndash 751022 Floor Janpath Unit - IX

Website ndash wwwidbicom CIN ndashL65190MH2004GOI148838

E ndash AUCTION SALE NOTICE

Notice is hereby given to the public in general and to the Borrower Guarantors Mortgagers in particular by the Authorised Officer that the under mentioned properties mortgaged to IDBI Bank Ltd Zonal Office Janpath Unit ndash IX Bhubaneswar ndash 751022 taken possession under the provisions of section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (SARFAESI ACT 2002) will be sold by E- Auction as mentioned below on ldquoAS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASISrdquo for recovery of under mentioned dues with further interest charges and cost etc as detailed below This is also a notice to the Borrower and to the GuarantorsMortgagors of the below mentioned loan about holding of e-auction to be held on the below mentioned date if their outstanding dues are not repaid in full within 30 days from the date of publication of this notice

The sale of the secured assets is proposed to be made as under

a) Name and address of the Borrower b) Name and address of the Guarantors c) Name and address of the Mortgagor

a)Date of NPA b)Date of 13(2) Notice c)Date of Possession d)Amount of Demand

Sealed cover should be super scribed with

a) Date amp Time of Verification of property b) Last date for receiving Bids

Date amp Time of E-Auction

a) Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha

a) 30062009 ldquoQuotation for participating in e-auction sale ndash ldquoVeeckey Minerals amp

a) From 27022017 to 05032017 between 1100 am and 400 pm with prior

08032017 From 200 pm to 300 pm with unlimited extension of

b) 01072011 c) 31072013 d) `31459292- as on 30062011 and

4

b) Shri Prasanna Kumar Nanda Shri Utathya Nanda Smt Malavika Nanda and Smt Tapasi Nanda all are at 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha Shri Sarada Prasanna Parija A12 Surya Nagar PS ndashCapital Dist ndash Khurda Bhubaneswar - 751003 c) Shri Prasanna Kumar Nanda 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha

further interest thereon from 01072011 with monthly rests along with all costs charges and expenses etc

Exports rdquo intimation b) 06032017 before 0530 pm

five minutes ie the end time of the e-auction by five minutes each time if bid is made within the last five minutes before closure of auction

Description of Immovable property

Property owned by

Reserve Price

Earnest Money Deposit

Bid Incremental Amount

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000

Shri Prasanna Kumar Nanda 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha

`7175000- `720000- `100000-

5

dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

Terms and conditions of Sale

i) For details help procedure and online training in e-auction prospective bidders may contact the e-auction service provider Ms 4Closure Hyderabad between 1000 am to 0600 pm The helpline No 040-23836405 Amaresh-814200003066 Help Line e-mail ID infobankauctionsin or amareshbankauctionsin ii) The Bid document can also be downloaded from IDBI website (wwwidbicom) and (httpswwwbankauctionsiniii) The amount of EMD paid by the interested bidders shall carry no interest

)

iv) The property is proposed to be sold on ldquoAS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASISrdquo The Authorised Oficer (AO) will not take responsibility for any dues statutory or otherwise outstanding as on date and yet to fall due including dues that may affect transfer of property in the name of the purchaser and such dues if any will have to be borne by the purchaser Bank does not take any responsibility to provide information on the same Statutory 30 days notice under rule 8(6) 6(2) amp 9(1) of the SARFAESI Act 2002 v) This is also a notice to the borrower(s) Guarantor(s) Mortgagor(s) of the said loan us 8(6) 6(2) and 9(1) of the rules of the said act about holding of e-auction sale of the above mentioned property on the above mentioned date requesting their presence and co-operation Note The detailed advertisement with all the terms and conditions is available at httpwwwidbicom link ParticipantsBorrowerGuarantorsMortgagor are

6

requested to refer the same before participation in bidding process The intending bidders may contact the Authorised Officer IDBI Bank Ltd Bhubaneswar Zonal Office NPA Management Group Janpath Unit ndash IX 2nd

Floor Bhubaneswar - 751022 for ascertaining the details of property to collect form of profile of the Bidder amp form of Appendix to the BidOffer (Declaration by the Bidder) and also for inspection of the property on the dates fixed as above by the Bank

Bank ndash Contact Persons Enforcement Agent - Contact Person

a) Smt Minky Pramanik DGM minkypramanikidbicoin Phone No - 0674-6616702 b) Shri Arindam Biswas Manager arindambiswasidbicoin Phone No - 0674-6616701

Shri Soumyaranjan Das Cell No- 94385627339090450882

Place Bhubaneswar Authorised Officer

Date February 06 2017 IDBI Bank Ltd

The above notice was published in Business Standard (English) and Samaya (Odiya) on February 06 2017

7

II Introduction Brief Description of secured assets and outstanding dues

1

INTRODUCTION

IDBI Bank Ltd (IDBI) having its Head Office at IDBI Tower Cuffe Parade Mumbai 400 005 issued a notice dated July 01 2011 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (hereinafter referred to as ldquothe SARFAESI Actrdquo) calling upon Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha (hereinafter referred to as the Borrower) to repay within 60 days from the date of the said notice the amount mentioned in the said notice being `31459292- (Rupess three crore fourteen lakh fifty nine thousand two hundred and ninety two only) as on June 30 2011 together with further interest from July 01 2011 at the contractual rates upon the footing of compound interest until payment realization Though the Borrower duly acknowledged receipt of the said notice it failed to discharge the liability

As the guarantors and mortgagors has mortgaged the property to IDBI Bank Ltd as collateral security dues recoverable from the Borrower constitute and represent 100 value of the outstanding dues having charge on the assets as envisaged under Section 13(9) of SARFAESI Act The possession of immovable properties was taken on July 31 2013 The AO has also got the assets valued after taking possession as required under the SARFAESI Act

The list of secured assets being put on sale is mentioned hereinafter

2 BRIEF DESCRIPTION OF SECURED ASSETS

Property Description Reserve Price (`)

Earnest Money Deposit (EMD) (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

3 Outstanding dues of the secured lenders as on February 01 2017 is ` 9494878475

8

III TERMS AND CONDITIONS 1 The Authorised Officer (AO) exercising the powers under the Securitisation and

Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 read with Security Interest (Enforcement) Rules 2002 (hereinafter referred to as the SARFAESI Act) is selling the assetsproperties mentioned at item No II of the Tender Document (hereinafter referred to as the Secured Assets) and the same are being sold free from charges and encumbrances of the secured lenders mentioned at item NoIII of the Tender Document

2 Issue of Tender Offer Bid DocumentThe Bid Document along with Offer Form is available free of cost from February 06 2017 to March 06 2017 and can be obtained from Smt Minky Pramanik Deputy General Manager or from Shri Arindam Biswas Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 on any working day between 1100 am and 400 pm The bid document can also be downloaded from IDBIrsquos website (wwwidbicom) And e-Auction service providerrsquos website ie httpswwwbankauctionsin Interested parties can participate in the e-Auction for only the property

3

Reserve Price Property Description (Details are provided under Brief Description of secured assets page 7 of this bid document)

Reserve Price(`)

Earnest Money Deposit (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

4 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo and ldquowithout recourserdquo basis The description of the immovable properties is based on the mortgages created by the BorrowerMortgagor with the secured lenders from time to time and the representations made by them The AO does not take or assume any responsibility for any shortfall of the immovable assets or for procuring any permission etc or for the dues of any authority established by law All statutory liabilities taxes maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder It is expressly made clear that the AO Bank do not take any responsibility to provide information on the same The AO Bank does not take or assume any responsibility for any dues statutory or otherwise including such dues that may affect transfer of the assets in

9

the name of the purchaser and such dues if any will have to be bornepaid by the purchaser

5 Inspection of assets The interested parties may inspect the assets at their own cost between 1100 am and 400 pm from February 27 2017 to March 05 2017 in the presence of a representative of the AO available at the site to facilitate the inspection

6 Due Diligence by the Bidders The interested parties may carry out their own comprehensive due diligence in respect of the Secured Assets including any dues relating to the Secured Assets A bidder shall be deemed to have full knowledge of the condition of the assets relevant documents information etc whether the bidder actually inspects or visits or verifies or not

7 The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose the Bidders may in their own interest and at their own cost verify the area of the premises and details of movable assets and any other relevant information before submitting the Bids It shall be presumed that the bidder has satisfied himselfherself about the names descriptions particulars quantities qualities specifications measurements boundaries and abuttal of the assetsproperties and that the bidder concurs or otherwise admits the identity of the assetsproperties purchased by himher notwithstanding any discrepancy or variation by comparison of the description in the particulars of the assetsproperties and their condition

8 The Bidder shall not be entitled to receive re-imbursement of any expenses which may have been incurred in preparation of the BidOffer for submission andor for carrying out due diligence search of titles to the assets and matters incidental thereto or for any other purpose in connection with purchase of the assets under reference

9 Submission of TenderOfferThe Bidder shall complete in all respects the Offer form(s) annexed to the Tender Document and furnish the information called for therein and shall sign and date each of the documents in the space provided therein for the purpose The Bidder shall initial each page of the Offer Offers received for sale and or accepted are not transferable The Format for submission of Profile of the bidder is given in Chapter IV amp V respectively of this Tender Documents The format Chapter IV is for Individuals and The format Chapter V is for Company Proprietorship Partnership firms Bidders may fill in only the form relevant to them

10 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder with the signature which should be duly attested

11 The TenderOffer shall contain the full address Telephone No Fax No e-mail-ID if any of the Bidder for serving notices required to be given to the Bidder in connection with the Offer

12 Bidders are also required to submit declaration executed on general stamp paper of `100- along with the Bid form as per the format given at Chapter VI

13 The TenderOffer form declaration etc shall not be detached from the Bid Documents ie one from the other and no alteration or mutilation (other than filling in all the blank spaces) shall be made in any of the documents attached

10

thereto ie entire set of Bid Document along with duly filled relevant forms be submitted to AO

14 Last date for submission of TenderOffer Bid DocumentThe interested parties may submit Tender Offer Bid Document duly filled and signed along with the required documents to the AO Smt Minky Pramanik Deputy General Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 not later than 400 pm on March 06 2017 in a sealed cover Bidders to submit the EMD by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha Such bidders must indicate RTGS UTR No Amount remitted and date in the appropriate space in the Profile of the Bidder

15 Only those bidders will be permitted to participate in the e-Auction whose Tender Offer Bid Document is complete in every respect and remittance by way of RTGS proceeds is credited into the account indicated well before the cut-off time Bank does not take any responsibility and will not entertain any complaint for any delay in transfer of funds by way of electronic mode Form of Tender Offer Bid document if found incomplete in any respect shall be liable for outright rejection

16 Procedure for e-Auction (after submission of bid to AO) a IDBI has appointed Ms 4 Closure (Bank Auctionin) (Flat No102 Amrutha

Apartments Plot No20 Mohitnagar Hyderabad - 500018) as e-Auction Support Provider (e-ASP) for said sale

b Shri Amaresh Samantasinghar on 814200003066 amareshbankauctionsin (email) is authorized representatives of e-ASP

c After scrutinisation of bids and confirmation of the receipt of EMD as advised AO would forward names and other details of valid bidders to the e-ASP for initiating further process related to auction

d Valid bidders are required to be in touch with the e-ASP and submit following documents to e-ASP- 1 Details of EMD ie details of RTGS sent to AO 2 Self attested copy of PAN Card 3 Self attested valid Residential Proof (any one of the-Voter-id Passport

Driving License Aadhar Card Electricity Bill Telephone Bill) 4 Valid e-mail id and contact details (with alternate mobile land line phone

numbers) e After registration and satisfaction of KYC and other norms e-ASP would

provide user id and password to the valid bidders f After receiving the user-id password from e-ASP the bidders may request for

training for e-Auction g After completion of e-Auction process e-ASP would submit list of the bidders

alongwith its bid amount to AO h Thereafter AO would intimate the bidders accordingly

Bank AO e-ASP provider will not be held responsible for any error occurred due to power failure computer hardware or software error network error etc at the time of e-Auction

17 Date and Time of endashAuction March 08 2017 200 pm to 300 pm

11

The auction would be held with unlimited extensions of 05 minutes each if required on e-Auction platform at website httpswwwbankauctionsin

Increase in Bid Amount

In case no further valid bids are received during the extended period the last highest bid received would be treated as the successful bid and auction would be treated as closedterminated

It may be noted that increase in bid amount if any during the e-Auction period shall be made as under In multiples of `100000- for the property

First bid should be of at least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above

increase in bid amount below the aforesaid amounts will be rejected

18 AO reserves the right to retain the EMD of top three bidderrsquos upto three months from the date of e-Auction and the amount of such EMD will not carry any interest The Bids so retained will be valid for three months from the date of e-Auction or till further extension of time as may be approved by the AO The EMD of other bids will be returned within 7 days from the date of e-Auction

19 Payment of Sale Price The successful bidder would be informed in writing about the acceptance of hisher bidoffer by the AO and will be required to deposit 25 of the sale price (less the amount of EMD) immediately after issuance of letter intimating acceptance of hisher bid that is confirmation of sale in his favour by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha

The balance amount of the sale price shall have to be paid within 15 days from the sale date by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha or such extended period as may be agreed upon in writing between the successful bidder and the AO

20 In case the successful bidder fails to deposit 25 of the sale price within stipulated period the AO shall forfeit the EMD and if the successful bidder backs out after paying 25 of the sale price then AO shall forfeit the 25 of the sale consideration so deposited including the EMD

21 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold

22 In the event of the successful bidder failing to pay the consideration amount within the time schedule stipulated the amount paid by such bidder would be forfeited and also the AO reserves the right to re-sell the assets to the secondthird highest bidder or re-auction the property in the above manner who shall also be treated as the successful bidder mentioned in clauses 9 to 16 above and further in terms of this Bid Document

23 On confirmation of sale and if the terms of payment have been complied with and the successful bidder pays entire sale consideration the AO exercising the power of sale shall issue ldquoCertificate of Salerdquo for the immovable property in favour of the purchaser as per the format provided in the Security Interest (Enforcement) Rules 2002

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 6: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

4

b) Shri Prasanna Kumar Nanda Shri Utathya Nanda Smt Malavika Nanda and Smt Tapasi Nanda all are at 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha Shri Sarada Prasanna Parija A12 Surya Nagar PS ndashCapital Dist ndash Khurda Bhubaneswar - 751003 c) Shri Prasanna Kumar Nanda 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha

further interest thereon from 01072011 with monthly rests along with all costs charges and expenses etc

Exports rdquo intimation b) 06032017 before 0530 pm

five minutes ie the end time of the e-auction by five minutes each time if bid is made within the last five minutes before closure of auction

Description of Immovable property

Property owned by

Reserve Price

Earnest Money Deposit

Bid Incremental Amount

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000

Shri Prasanna Kumar Nanda 43 Park Tower Ganganagar Unit ndash VI Bhubaneswar ndash 751001 Odisha

`7175000- `720000- `100000-

5

dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

Terms and conditions of Sale

i) For details help procedure and online training in e-auction prospective bidders may contact the e-auction service provider Ms 4Closure Hyderabad between 1000 am to 0600 pm The helpline No 040-23836405 Amaresh-814200003066 Help Line e-mail ID infobankauctionsin or amareshbankauctionsin ii) The Bid document can also be downloaded from IDBI website (wwwidbicom) and (httpswwwbankauctionsiniii) The amount of EMD paid by the interested bidders shall carry no interest

)

iv) The property is proposed to be sold on ldquoAS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASISrdquo The Authorised Oficer (AO) will not take responsibility for any dues statutory or otherwise outstanding as on date and yet to fall due including dues that may affect transfer of property in the name of the purchaser and such dues if any will have to be borne by the purchaser Bank does not take any responsibility to provide information on the same Statutory 30 days notice under rule 8(6) 6(2) amp 9(1) of the SARFAESI Act 2002 v) This is also a notice to the borrower(s) Guarantor(s) Mortgagor(s) of the said loan us 8(6) 6(2) and 9(1) of the rules of the said act about holding of e-auction sale of the above mentioned property on the above mentioned date requesting their presence and co-operation Note The detailed advertisement with all the terms and conditions is available at httpwwwidbicom link ParticipantsBorrowerGuarantorsMortgagor are

6

requested to refer the same before participation in bidding process The intending bidders may contact the Authorised Officer IDBI Bank Ltd Bhubaneswar Zonal Office NPA Management Group Janpath Unit ndash IX 2nd

Floor Bhubaneswar - 751022 for ascertaining the details of property to collect form of profile of the Bidder amp form of Appendix to the BidOffer (Declaration by the Bidder) and also for inspection of the property on the dates fixed as above by the Bank

Bank ndash Contact Persons Enforcement Agent - Contact Person

a) Smt Minky Pramanik DGM minkypramanikidbicoin Phone No - 0674-6616702 b) Shri Arindam Biswas Manager arindambiswasidbicoin Phone No - 0674-6616701

Shri Soumyaranjan Das Cell No- 94385627339090450882

Place Bhubaneswar Authorised Officer

Date February 06 2017 IDBI Bank Ltd

The above notice was published in Business Standard (English) and Samaya (Odiya) on February 06 2017

7

II Introduction Brief Description of secured assets and outstanding dues

1

INTRODUCTION

IDBI Bank Ltd (IDBI) having its Head Office at IDBI Tower Cuffe Parade Mumbai 400 005 issued a notice dated July 01 2011 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (hereinafter referred to as ldquothe SARFAESI Actrdquo) calling upon Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha (hereinafter referred to as the Borrower) to repay within 60 days from the date of the said notice the amount mentioned in the said notice being `31459292- (Rupess three crore fourteen lakh fifty nine thousand two hundred and ninety two only) as on June 30 2011 together with further interest from July 01 2011 at the contractual rates upon the footing of compound interest until payment realization Though the Borrower duly acknowledged receipt of the said notice it failed to discharge the liability

As the guarantors and mortgagors has mortgaged the property to IDBI Bank Ltd as collateral security dues recoverable from the Borrower constitute and represent 100 value of the outstanding dues having charge on the assets as envisaged under Section 13(9) of SARFAESI Act The possession of immovable properties was taken on July 31 2013 The AO has also got the assets valued after taking possession as required under the SARFAESI Act

The list of secured assets being put on sale is mentioned hereinafter

2 BRIEF DESCRIPTION OF SECURED ASSETS

Property Description Reserve Price (`)

Earnest Money Deposit (EMD) (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

3 Outstanding dues of the secured lenders as on February 01 2017 is ` 9494878475

8

III TERMS AND CONDITIONS 1 The Authorised Officer (AO) exercising the powers under the Securitisation and

Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 read with Security Interest (Enforcement) Rules 2002 (hereinafter referred to as the SARFAESI Act) is selling the assetsproperties mentioned at item No II of the Tender Document (hereinafter referred to as the Secured Assets) and the same are being sold free from charges and encumbrances of the secured lenders mentioned at item NoIII of the Tender Document

2 Issue of Tender Offer Bid DocumentThe Bid Document along with Offer Form is available free of cost from February 06 2017 to March 06 2017 and can be obtained from Smt Minky Pramanik Deputy General Manager or from Shri Arindam Biswas Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 on any working day between 1100 am and 400 pm The bid document can also be downloaded from IDBIrsquos website (wwwidbicom) And e-Auction service providerrsquos website ie httpswwwbankauctionsin Interested parties can participate in the e-Auction for only the property

3

Reserve Price Property Description (Details are provided under Brief Description of secured assets page 7 of this bid document)

Reserve Price(`)

Earnest Money Deposit (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

4 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo and ldquowithout recourserdquo basis The description of the immovable properties is based on the mortgages created by the BorrowerMortgagor with the secured lenders from time to time and the representations made by them The AO does not take or assume any responsibility for any shortfall of the immovable assets or for procuring any permission etc or for the dues of any authority established by law All statutory liabilities taxes maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder It is expressly made clear that the AO Bank do not take any responsibility to provide information on the same The AO Bank does not take or assume any responsibility for any dues statutory or otherwise including such dues that may affect transfer of the assets in

9

the name of the purchaser and such dues if any will have to be bornepaid by the purchaser

5 Inspection of assets The interested parties may inspect the assets at their own cost between 1100 am and 400 pm from February 27 2017 to March 05 2017 in the presence of a representative of the AO available at the site to facilitate the inspection

6 Due Diligence by the Bidders The interested parties may carry out their own comprehensive due diligence in respect of the Secured Assets including any dues relating to the Secured Assets A bidder shall be deemed to have full knowledge of the condition of the assets relevant documents information etc whether the bidder actually inspects or visits or verifies or not

7 The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose the Bidders may in their own interest and at their own cost verify the area of the premises and details of movable assets and any other relevant information before submitting the Bids It shall be presumed that the bidder has satisfied himselfherself about the names descriptions particulars quantities qualities specifications measurements boundaries and abuttal of the assetsproperties and that the bidder concurs or otherwise admits the identity of the assetsproperties purchased by himher notwithstanding any discrepancy or variation by comparison of the description in the particulars of the assetsproperties and their condition

8 The Bidder shall not be entitled to receive re-imbursement of any expenses which may have been incurred in preparation of the BidOffer for submission andor for carrying out due diligence search of titles to the assets and matters incidental thereto or for any other purpose in connection with purchase of the assets under reference

9 Submission of TenderOfferThe Bidder shall complete in all respects the Offer form(s) annexed to the Tender Document and furnish the information called for therein and shall sign and date each of the documents in the space provided therein for the purpose The Bidder shall initial each page of the Offer Offers received for sale and or accepted are not transferable The Format for submission of Profile of the bidder is given in Chapter IV amp V respectively of this Tender Documents The format Chapter IV is for Individuals and The format Chapter V is for Company Proprietorship Partnership firms Bidders may fill in only the form relevant to them

10 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder with the signature which should be duly attested

11 The TenderOffer shall contain the full address Telephone No Fax No e-mail-ID if any of the Bidder for serving notices required to be given to the Bidder in connection with the Offer

12 Bidders are also required to submit declaration executed on general stamp paper of `100- along with the Bid form as per the format given at Chapter VI

13 The TenderOffer form declaration etc shall not be detached from the Bid Documents ie one from the other and no alteration or mutilation (other than filling in all the blank spaces) shall be made in any of the documents attached

10

thereto ie entire set of Bid Document along with duly filled relevant forms be submitted to AO

14 Last date for submission of TenderOffer Bid DocumentThe interested parties may submit Tender Offer Bid Document duly filled and signed along with the required documents to the AO Smt Minky Pramanik Deputy General Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 not later than 400 pm on March 06 2017 in a sealed cover Bidders to submit the EMD by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha Such bidders must indicate RTGS UTR No Amount remitted and date in the appropriate space in the Profile of the Bidder

15 Only those bidders will be permitted to participate in the e-Auction whose Tender Offer Bid Document is complete in every respect and remittance by way of RTGS proceeds is credited into the account indicated well before the cut-off time Bank does not take any responsibility and will not entertain any complaint for any delay in transfer of funds by way of electronic mode Form of Tender Offer Bid document if found incomplete in any respect shall be liable for outright rejection

16 Procedure for e-Auction (after submission of bid to AO) a IDBI has appointed Ms 4 Closure (Bank Auctionin) (Flat No102 Amrutha

Apartments Plot No20 Mohitnagar Hyderabad - 500018) as e-Auction Support Provider (e-ASP) for said sale

b Shri Amaresh Samantasinghar on 814200003066 amareshbankauctionsin (email) is authorized representatives of e-ASP

c After scrutinisation of bids and confirmation of the receipt of EMD as advised AO would forward names and other details of valid bidders to the e-ASP for initiating further process related to auction

d Valid bidders are required to be in touch with the e-ASP and submit following documents to e-ASP- 1 Details of EMD ie details of RTGS sent to AO 2 Self attested copy of PAN Card 3 Self attested valid Residential Proof (any one of the-Voter-id Passport

Driving License Aadhar Card Electricity Bill Telephone Bill) 4 Valid e-mail id and contact details (with alternate mobile land line phone

numbers) e After registration and satisfaction of KYC and other norms e-ASP would

provide user id and password to the valid bidders f After receiving the user-id password from e-ASP the bidders may request for

training for e-Auction g After completion of e-Auction process e-ASP would submit list of the bidders

alongwith its bid amount to AO h Thereafter AO would intimate the bidders accordingly

Bank AO e-ASP provider will not be held responsible for any error occurred due to power failure computer hardware or software error network error etc at the time of e-Auction

17 Date and Time of endashAuction March 08 2017 200 pm to 300 pm

11

The auction would be held with unlimited extensions of 05 minutes each if required on e-Auction platform at website httpswwwbankauctionsin

Increase in Bid Amount

In case no further valid bids are received during the extended period the last highest bid received would be treated as the successful bid and auction would be treated as closedterminated

It may be noted that increase in bid amount if any during the e-Auction period shall be made as under In multiples of `100000- for the property

First bid should be of at least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above

increase in bid amount below the aforesaid amounts will be rejected

18 AO reserves the right to retain the EMD of top three bidderrsquos upto three months from the date of e-Auction and the amount of such EMD will not carry any interest The Bids so retained will be valid for three months from the date of e-Auction or till further extension of time as may be approved by the AO The EMD of other bids will be returned within 7 days from the date of e-Auction

19 Payment of Sale Price The successful bidder would be informed in writing about the acceptance of hisher bidoffer by the AO and will be required to deposit 25 of the sale price (less the amount of EMD) immediately after issuance of letter intimating acceptance of hisher bid that is confirmation of sale in his favour by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha

The balance amount of the sale price shall have to be paid within 15 days from the sale date by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha or such extended period as may be agreed upon in writing between the successful bidder and the AO

20 In case the successful bidder fails to deposit 25 of the sale price within stipulated period the AO shall forfeit the EMD and if the successful bidder backs out after paying 25 of the sale price then AO shall forfeit the 25 of the sale consideration so deposited including the EMD

21 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold

22 In the event of the successful bidder failing to pay the consideration amount within the time schedule stipulated the amount paid by such bidder would be forfeited and also the AO reserves the right to re-sell the assets to the secondthird highest bidder or re-auction the property in the above manner who shall also be treated as the successful bidder mentioned in clauses 9 to 16 above and further in terms of this Bid Document

23 On confirmation of sale and if the terms of payment have been complied with and the successful bidder pays entire sale consideration the AO exercising the power of sale shall issue ldquoCertificate of Salerdquo for the immovable property in favour of the purchaser as per the format provided in the Security Interest (Enforcement) Rules 2002

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 7: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

5

dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

Terms and conditions of Sale

i) For details help procedure and online training in e-auction prospective bidders may contact the e-auction service provider Ms 4Closure Hyderabad between 1000 am to 0600 pm The helpline No 040-23836405 Amaresh-814200003066 Help Line e-mail ID infobankauctionsin or amareshbankauctionsin ii) The Bid document can also be downloaded from IDBI website (wwwidbicom) and (httpswwwbankauctionsiniii) The amount of EMD paid by the interested bidders shall carry no interest

)

iv) The property is proposed to be sold on ldquoAS IS WHERE IS AND AS IS WHAT IS AND WHATEVER THERE IS AND WITHOUT RECOURSE BASISrdquo The Authorised Oficer (AO) will not take responsibility for any dues statutory or otherwise outstanding as on date and yet to fall due including dues that may affect transfer of property in the name of the purchaser and such dues if any will have to be borne by the purchaser Bank does not take any responsibility to provide information on the same Statutory 30 days notice under rule 8(6) 6(2) amp 9(1) of the SARFAESI Act 2002 v) This is also a notice to the borrower(s) Guarantor(s) Mortgagor(s) of the said loan us 8(6) 6(2) and 9(1) of the rules of the said act about holding of e-auction sale of the above mentioned property on the above mentioned date requesting their presence and co-operation Note The detailed advertisement with all the terms and conditions is available at httpwwwidbicom link ParticipantsBorrowerGuarantorsMortgagor are

6

requested to refer the same before participation in bidding process The intending bidders may contact the Authorised Officer IDBI Bank Ltd Bhubaneswar Zonal Office NPA Management Group Janpath Unit ndash IX 2nd

Floor Bhubaneswar - 751022 for ascertaining the details of property to collect form of profile of the Bidder amp form of Appendix to the BidOffer (Declaration by the Bidder) and also for inspection of the property on the dates fixed as above by the Bank

Bank ndash Contact Persons Enforcement Agent - Contact Person

a) Smt Minky Pramanik DGM minkypramanikidbicoin Phone No - 0674-6616702 b) Shri Arindam Biswas Manager arindambiswasidbicoin Phone No - 0674-6616701

Shri Soumyaranjan Das Cell No- 94385627339090450882

Place Bhubaneswar Authorised Officer

Date February 06 2017 IDBI Bank Ltd

The above notice was published in Business Standard (English) and Samaya (Odiya) on February 06 2017

7

II Introduction Brief Description of secured assets and outstanding dues

1

INTRODUCTION

IDBI Bank Ltd (IDBI) having its Head Office at IDBI Tower Cuffe Parade Mumbai 400 005 issued a notice dated July 01 2011 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (hereinafter referred to as ldquothe SARFAESI Actrdquo) calling upon Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha (hereinafter referred to as the Borrower) to repay within 60 days from the date of the said notice the amount mentioned in the said notice being `31459292- (Rupess three crore fourteen lakh fifty nine thousand two hundred and ninety two only) as on June 30 2011 together with further interest from July 01 2011 at the contractual rates upon the footing of compound interest until payment realization Though the Borrower duly acknowledged receipt of the said notice it failed to discharge the liability

As the guarantors and mortgagors has mortgaged the property to IDBI Bank Ltd as collateral security dues recoverable from the Borrower constitute and represent 100 value of the outstanding dues having charge on the assets as envisaged under Section 13(9) of SARFAESI Act The possession of immovable properties was taken on July 31 2013 The AO has also got the assets valued after taking possession as required under the SARFAESI Act

The list of secured assets being put on sale is mentioned hereinafter

2 BRIEF DESCRIPTION OF SECURED ASSETS

Property Description Reserve Price (`)

Earnest Money Deposit (EMD) (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

3 Outstanding dues of the secured lenders as on February 01 2017 is ` 9494878475

8

III TERMS AND CONDITIONS 1 The Authorised Officer (AO) exercising the powers under the Securitisation and

Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 read with Security Interest (Enforcement) Rules 2002 (hereinafter referred to as the SARFAESI Act) is selling the assetsproperties mentioned at item No II of the Tender Document (hereinafter referred to as the Secured Assets) and the same are being sold free from charges and encumbrances of the secured lenders mentioned at item NoIII of the Tender Document

2 Issue of Tender Offer Bid DocumentThe Bid Document along with Offer Form is available free of cost from February 06 2017 to March 06 2017 and can be obtained from Smt Minky Pramanik Deputy General Manager or from Shri Arindam Biswas Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 on any working day between 1100 am and 400 pm The bid document can also be downloaded from IDBIrsquos website (wwwidbicom) And e-Auction service providerrsquos website ie httpswwwbankauctionsin Interested parties can participate in the e-Auction for only the property

3

Reserve Price Property Description (Details are provided under Brief Description of secured assets page 7 of this bid document)

Reserve Price(`)

Earnest Money Deposit (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

4 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo and ldquowithout recourserdquo basis The description of the immovable properties is based on the mortgages created by the BorrowerMortgagor with the secured lenders from time to time and the representations made by them The AO does not take or assume any responsibility for any shortfall of the immovable assets or for procuring any permission etc or for the dues of any authority established by law All statutory liabilities taxes maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder It is expressly made clear that the AO Bank do not take any responsibility to provide information on the same The AO Bank does not take or assume any responsibility for any dues statutory or otherwise including such dues that may affect transfer of the assets in

9

the name of the purchaser and such dues if any will have to be bornepaid by the purchaser

5 Inspection of assets The interested parties may inspect the assets at their own cost between 1100 am and 400 pm from February 27 2017 to March 05 2017 in the presence of a representative of the AO available at the site to facilitate the inspection

6 Due Diligence by the Bidders The interested parties may carry out their own comprehensive due diligence in respect of the Secured Assets including any dues relating to the Secured Assets A bidder shall be deemed to have full knowledge of the condition of the assets relevant documents information etc whether the bidder actually inspects or visits or verifies or not

7 The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose the Bidders may in their own interest and at their own cost verify the area of the premises and details of movable assets and any other relevant information before submitting the Bids It shall be presumed that the bidder has satisfied himselfherself about the names descriptions particulars quantities qualities specifications measurements boundaries and abuttal of the assetsproperties and that the bidder concurs or otherwise admits the identity of the assetsproperties purchased by himher notwithstanding any discrepancy or variation by comparison of the description in the particulars of the assetsproperties and their condition

8 The Bidder shall not be entitled to receive re-imbursement of any expenses which may have been incurred in preparation of the BidOffer for submission andor for carrying out due diligence search of titles to the assets and matters incidental thereto or for any other purpose in connection with purchase of the assets under reference

9 Submission of TenderOfferThe Bidder shall complete in all respects the Offer form(s) annexed to the Tender Document and furnish the information called for therein and shall sign and date each of the documents in the space provided therein for the purpose The Bidder shall initial each page of the Offer Offers received for sale and or accepted are not transferable The Format for submission of Profile of the bidder is given in Chapter IV amp V respectively of this Tender Documents The format Chapter IV is for Individuals and The format Chapter V is for Company Proprietorship Partnership firms Bidders may fill in only the form relevant to them

10 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder with the signature which should be duly attested

11 The TenderOffer shall contain the full address Telephone No Fax No e-mail-ID if any of the Bidder for serving notices required to be given to the Bidder in connection with the Offer

12 Bidders are also required to submit declaration executed on general stamp paper of `100- along with the Bid form as per the format given at Chapter VI

13 The TenderOffer form declaration etc shall not be detached from the Bid Documents ie one from the other and no alteration or mutilation (other than filling in all the blank spaces) shall be made in any of the documents attached

10

thereto ie entire set of Bid Document along with duly filled relevant forms be submitted to AO

14 Last date for submission of TenderOffer Bid DocumentThe interested parties may submit Tender Offer Bid Document duly filled and signed along with the required documents to the AO Smt Minky Pramanik Deputy General Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 not later than 400 pm on March 06 2017 in a sealed cover Bidders to submit the EMD by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha Such bidders must indicate RTGS UTR No Amount remitted and date in the appropriate space in the Profile of the Bidder

15 Only those bidders will be permitted to participate in the e-Auction whose Tender Offer Bid Document is complete in every respect and remittance by way of RTGS proceeds is credited into the account indicated well before the cut-off time Bank does not take any responsibility and will not entertain any complaint for any delay in transfer of funds by way of electronic mode Form of Tender Offer Bid document if found incomplete in any respect shall be liable for outright rejection

16 Procedure for e-Auction (after submission of bid to AO) a IDBI has appointed Ms 4 Closure (Bank Auctionin) (Flat No102 Amrutha

Apartments Plot No20 Mohitnagar Hyderabad - 500018) as e-Auction Support Provider (e-ASP) for said sale

b Shri Amaresh Samantasinghar on 814200003066 amareshbankauctionsin (email) is authorized representatives of e-ASP

c After scrutinisation of bids and confirmation of the receipt of EMD as advised AO would forward names and other details of valid bidders to the e-ASP for initiating further process related to auction

d Valid bidders are required to be in touch with the e-ASP and submit following documents to e-ASP- 1 Details of EMD ie details of RTGS sent to AO 2 Self attested copy of PAN Card 3 Self attested valid Residential Proof (any one of the-Voter-id Passport

Driving License Aadhar Card Electricity Bill Telephone Bill) 4 Valid e-mail id and contact details (with alternate mobile land line phone

numbers) e After registration and satisfaction of KYC and other norms e-ASP would

provide user id and password to the valid bidders f After receiving the user-id password from e-ASP the bidders may request for

training for e-Auction g After completion of e-Auction process e-ASP would submit list of the bidders

alongwith its bid amount to AO h Thereafter AO would intimate the bidders accordingly

Bank AO e-ASP provider will not be held responsible for any error occurred due to power failure computer hardware or software error network error etc at the time of e-Auction

17 Date and Time of endashAuction March 08 2017 200 pm to 300 pm

11

The auction would be held with unlimited extensions of 05 minutes each if required on e-Auction platform at website httpswwwbankauctionsin

Increase in Bid Amount

In case no further valid bids are received during the extended period the last highest bid received would be treated as the successful bid and auction would be treated as closedterminated

It may be noted that increase in bid amount if any during the e-Auction period shall be made as under In multiples of `100000- for the property

First bid should be of at least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above

increase in bid amount below the aforesaid amounts will be rejected

18 AO reserves the right to retain the EMD of top three bidderrsquos upto three months from the date of e-Auction and the amount of such EMD will not carry any interest The Bids so retained will be valid for three months from the date of e-Auction or till further extension of time as may be approved by the AO The EMD of other bids will be returned within 7 days from the date of e-Auction

19 Payment of Sale Price The successful bidder would be informed in writing about the acceptance of hisher bidoffer by the AO and will be required to deposit 25 of the sale price (less the amount of EMD) immediately after issuance of letter intimating acceptance of hisher bid that is confirmation of sale in his favour by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha

The balance amount of the sale price shall have to be paid within 15 days from the sale date by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha or such extended period as may be agreed upon in writing between the successful bidder and the AO

20 In case the successful bidder fails to deposit 25 of the sale price within stipulated period the AO shall forfeit the EMD and if the successful bidder backs out after paying 25 of the sale price then AO shall forfeit the 25 of the sale consideration so deposited including the EMD

21 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold

22 In the event of the successful bidder failing to pay the consideration amount within the time schedule stipulated the amount paid by such bidder would be forfeited and also the AO reserves the right to re-sell the assets to the secondthird highest bidder or re-auction the property in the above manner who shall also be treated as the successful bidder mentioned in clauses 9 to 16 above and further in terms of this Bid Document

23 On confirmation of sale and if the terms of payment have been complied with and the successful bidder pays entire sale consideration the AO exercising the power of sale shall issue ldquoCertificate of Salerdquo for the immovable property in favour of the purchaser as per the format provided in the Security Interest (Enforcement) Rules 2002

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 8: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

6

requested to refer the same before participation in bidding process The intending bidders may contact the Authorised Officer IDBI Bank Ltd Bhubaneswar Zonal Office NPA Management Group Janpath Unit ndash IX 2nd

Floor Bhubaneswar - 751022 for ascertaining the details of property to collect form of profile of the Bidder amp form of Appendix to the BidOffer (Declaration by the Bidder) and also for inspection of the property on the dates fixed as above by the Bank

Bank ndash Contact Persons Enforcement Agent - Contact Person

a) Smt Minky Pramanik DGM minkypramanikidbicoin Phone No - 0674-6616702 b) Shri Arindam Biswas Manager arindambiswasidbicoin Phone No - 0674-6616701

Shri Soumyaranjan Das Cell No- 94385627339090450882

Place Bhubaneswar Authorised Officer

Date February 06 2017 IDBI Bank Ltd

The above notice was published in Business Standard (English) and Samaya (Odiya) on February 06 2017

7

II Introduction Brief Description of secured assets and outstanding dues

1

INTRODUCTION

IDBI Bank Ltd (IDBI) having its Head Office at IDBI Tower Cuffe Parade Mumbai 400 005 issued a notice dated July 01 2011 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (hereinafter referred to as ldquothe SARFAESI Actrdquo) calling upon Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha (hereinafter referred to as the Borrower) to repay within 60 days from the date of the said notice the amount mentioned in the said notice being `31459292- (Rupess three crore fourteen lakh fifty nine thousand two hundred and ninety two only) as on June 30 2011 together with further interest from July 01 2011 at the contractual rates upon the footing of compound interest until payment realization Though the Borrower duly acknowledged receipt of the said notice it failed to discharge the liability

As the guarantors and mortgagors has mortgaged the property to IDBI Bank Ltd as collateral security dues recoverable from the Borrower constitute and represent 100 value of the outstanding dues having charge on the assets as envisaged under Section 13(9) of SARFAESI Act The possession of immovable properties was taken on July 31 2013 The AO has also got the assets valued after taking possession as required under the SARFAESI Act

The list of secured assets being put on sale is mentioned hereinafter

2 BRIEF DESCRIPTION OF SECURED ASSETS

Property Description Reserve Price (`)

Earnest Money Deposit (EMD) (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

3 Outstanding dues of the secured lenders as on February 01 2017 is ` 9494878475

8

III TERMS AND CONDITIONS 1 The Authorised Officer (AO) exercising the powers under the Securitisation and

Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 read with Security Interest (Enforcement) Rules 2002 (hereinafter referred to as the SARFAESI Act) is selling the assetsproperties mentioned at item No II of the Tender Document (hereinafter referred to as the Secured Assets) and the same are being sold free from charges and encumbrances of the secured lenders mentioned at item NoIII of the Tender Document

2 Issue of Tender Offer Bid DocumentThe Bid Document along with Offer Form is available free of cost from February 06 2017 to March 06 2017 and can be obtained from Smt Minky Pramanik Deputy General Manager or from Shri Arindam Biswas Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 on any working day between 1100 am and 400 pm The bid document can also be downloaded from IDBIrsquos website (wwwidbicom) And e-Auction service providerrsquos website ie httpswwwbankauctionsin Interested parties can participate in the e-Auction for only the property

3

Reserve Price Property Description (Details are provided under Brief Description of secured assets page 7 of this bid document)

Reserve Price(`)

Earnest Money Deposit (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

4 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo and ldquowithout recourserdquo basis The description of the immovable properties is based on the mortgages created by the BorrowerMortgagor with the secured lenders from time to time and the representations made by them The AO does not take or assume any responsibility for any shortfall of the immovable assets or for procuring any permission etc or for the dues of any authority established by law All statutory liabilities taxes maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder It is expressly made clear that the AO Bank do not take any responsibility to provide information on the same The AO Bank does not take or assume any responsibility for any dues statutory or otherwise including such dues that may affect transfer of the assets in

9

the name of the purchaser and such dues if any will have to be bornepaid by the purchaser

5 Inspection of assets The interested parties may inspect the assets at their own cost between 1100 am and 400 pm from February 27 2017 to March 05 2017 in the presence of a representative of the AO available at the site to facilitate the inspection

6 Due Diligence by the Bidders The interested parties may carry out their own comprehensive due diligence in respect of the Secured Assets including any dues relating to the Secured Assets A bidder shall be deemed to have full knowledge of the condition of the assets relevant documents information etc whether the bidder actually inspects or visits or verifies or not

7 The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose the Bidders may in their own interest and at their own cost verify the area of the premises and details of movable assets and any other relevant information before submitting the Bids It shall be presumed that the bidder has satisfied himselfherself about the names descriptions particulars quantities qualities specifications measurements boundaries and abuttal of the assetsproperties and that the bidder concurs or otherwise admits the identity of the assetsproperties purchased by himher notwithstanding any discrepancy or variation by comparison of the description in the particulars of the assetsproperties and their condition

8 The Bidder shall not be entitled to receive re-imbursement of any expenses which may have been incurred in preparation of the BidOffer for submission andor for carrying out due diligence search of titles to the assets and matters incidental thereto or for any other purpose in connection with purchase of the assets under reference

9 Submission of TenderOfferThe Bidder shall complete in all respects the Offer form(s) annexed to the Tender Document and furnish the information called for therein and shall sign and date each of the documents in the space provided therein for the purpose The Bidder shall initial each page of the Offer Offers received for sale and or accepted are not transferable The Format for submission of Profile of the bidder is given in Chapter IV amp V respectively of this Tender Documents The format Chapter IV is for Individuals and The format Chapter V is for Company Proprietorship Partnership firms Bidders may fill in only the form relevant to them

10 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder with the signature which should be duly attested

11 The TenderOffer shall contain the full address Telephone No Fax No e-mail-ID if any of the Bidder for serving notices required to be given to the Bidder in connection with the Offer

12 Bidders are also required to submit declaration executed on general stamp paper of `100- along with the Bid form as per the format given at Chapter VI

13 The TenderOffer form declaration etc shall not be detached from the Bid Documents ie one from the other and no alteration or mutilation (other than filling in all the blank spaces) shall be made in any of the documents attached

10

thereto ie entire set of Bid Document along with duly filled relevant forms be submitted to AO

14 Last date for submission of TenderOffer Bid DocumentThe interested parties may submit Tender Offer Bid Document duly filled and signed along with the required documents to the AO Smt Minky Pramanik Deputy General Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 not later than 400 pm on March 06 2017 in a sealed cover Bidders to submit the EMD by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha Such bidders must indicate RTGS UTR No Amount remitted and date in the appropriate space in the Profile of the Bidder

15 Only those bidders will be permitted to participate in the e-Auction whose Tender Offer Bid Document is complete in every respect and remittance by way of RTGS proceeds is credited into the account indicated well before the cut-off time Bank does not take any responsibility and will not entertain any complaint for any delay in transfer of funds by way of electronic mode Form of Tender Offer Bid document if found incomplete in any respect shall be liable for outright rejection

16 Procedure for e-Auction (after submission of bid to AO) a IDBI has appointed Ms 4 Closure (Bank Auctionin) (Flat No102 Amrutha

Apartments Plot No20 Mohitnagar Hyderabad - 500018) as e-Auction Support Provider (e-ASP) for said sale

b Shri Amaresh Samantasinghar on 814200003066 amareshbankauctionsin (email) is authorized representatives of e-ASP

c After scrutinisation of bids and confirmation of the receipt of EMD as advised AO would forward names and other details of valid bidders to the e-ASP for initiating further process related to auction

d Valid bidders are required to be in touch with the e-ASP and submit following documents to e-ASP- 1 Details of EMD ie details of RTGS sent to AO 2 Self attested copy of PAN Card 3 Self attested valid Residential Proof (any one of the-Voter-id Passport

Driving License Aadhar Card Electricity Bill Telephone Bill) 4 Valid e-mail id and contact details (with alternate mobile land line phone

numbers) e After registration and satisfaction of KYC and other norms e-ASP would

provide user id and password to the valid bidders f After receiving the user-id password from e-ASP the bidders may request for

training for e-Auction g After completion of e-Auction process e-ASP would submit list of the bidders

alongwith its bid amount to AO h Thereafter AO would intimate the bidders accordingly

Bank AO e-ASP provider will not be held responsible for any error occurred due to power failure computer hardware or software error network error etc at the time of e-Auction

17 Date and Time of endashAuction March 08 2017 200 pm to 300 pm

11

The auction would be held with unlimited extensions of 05 minutes each if required on e-Auction platform at website httpswwwbankauctionsin

Increase in Bid Amount

In case no further valid bids are received during the extended period the last highest bid received would be treated as the successful bid and auction would be treated as closedterminated

It may be noted that increase in bid amount if any during the e-Auction period shall be made as under In multiples of `100000- for the property

First bid should be of at least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above

increase in bid amount below the aforesaid amounts will be rejected

18 AO reserves the right to retain the EMD of top three bidderrsquos upto three months from the date of e-Auction and the amount of such EMD will not carry any interest The Bids so retained will be valid for three months from the date of e-Auction or till further extension of time as may be approved by the AO The EMD of other bids will be returned within 7 days from the date of e-Auction

19 Payment of Sale Price The successful bidder would be informed in writing about the acceptance of hisher bidoffer by the AO and will be required to deposit 25 of the sale price (less the amount of EMD) immediately after issuance of letter intimating acceptance of hisher bid that is confirmation of sale in his favour by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha

The balance amount of the sale price shall have to be paid within 15 days from the sale date by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha or such extended period as may be agreed upon in writing between the successful bidder and the AO

20 In case the successful bidder fails to deposit 25 of the sale price within stipulated period the AO shall forfeit the EMD and if the successful bidder backs out after paying 25 of the sale price then AO shall forfeit the 25 of the sale consideration so deposited including the EMD

21 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold

22 In the event of the successful bidder failing to pay the consideration amount within the time schedule stipulated the amount paid by such bidder would be forfeited and also the AO reserves the right to re-sell the assets to the secondthird highest bidder or re-auction the property in the above manner who shall also be treated as the successful bidder mentioned in clauses 9 to 16 above and further in terms of this Bid Document

23 On confirmation of sale and if the terms of payment have been complied with and the successful bidder pays entire sale consideration the AO exercising the power of sale shall issue ldquoCertificate of Salerdquo for the immovable property in favour of the purchaser as per the format provided in the Security Interest (Enforcement) Rules 2002

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 9: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

7

II Introduction Brief Description of secured assets and outstanding dues

1

INTRODUCTION

IDBI Bank Ltd (IDBI) having its Head Office at IDBI Tower Cuffe Parade Mumbai 400 005 issued a notice dated July 01 2011 under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (hereinafter referred to as ldquothe SARFAESI Actrdquo) calling upon Veeckey Minerals amp Exports 43 Park Tower Ganganagar Bhubaneswar ndash 751001 Odisha (hereinafter referred to as the Borrower) to repay within 60 days from the date of the said notice the amount mentioned in the said notice being `31459292- (Rupess three crore fourteen lakh fifty nine thousand two hundred and ninety two only) as on June 30 2011 together with further interest from July 01 2011 at the contractual rates upon the footing of compound interest until payment realization Though the Borrower duly acknowledged receipt of the said notice it failed to discharge the liability

As the guarantors and mortgagors has mortgaged the property to IDBI Bank Ltd as collateral security dues recoverable from the Borrower constitute and represent 100 value of the outstanding dues having charge on the assets as envisaged under Section 13(9) of SARFAESI Act The possession of immovable properties was taken on July 31 2013 The AO has also got the assets valued after taking possession as required under the SARFAESI Act

The list of secured assets being put on sale is mentioned hereinafter

2 BRIEF DESCRIPTION OF SECURED ASSETS

Property Description Reserve Price (`)

Earnest Money Deposit (EMD) (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

3 Outstanding dues of the secured lenders as on February 01 2017 is ` 9494878475

8

III TERMS AND CONDITIONS 1 The Authorised Officer (AO) exercising the powers under the Securitisation and

Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 read with Security Interest (Enforcement) Rules 2002 (hereinafter referred to as the SARFAESI Act) is selling the assetsproperties mentioned at item No II of the Tender Document (hereinafter referred to as the Secured Assets) and the same are being sold free from charges and encumbrances of the secured lenders mentioned at item NoIII of the Tender Document

2 Issue of Tender Offer Bid DocumentThe Bid Document along with Offer Form is available free of cost from February 06 2017 to March 06 2017 and can be obtained from Smt Minky Pramanik Deputy General Manager or from Shri Arindam Biswas Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 on any working day between 1100 am and 400 pm The bid document can also be downloaded from IDBIrsquos website (wwwidbicom) And e-Auction service providerrsquos website ie httpswwwbankauctionsin Interested parties can participate in the e-Auction for only the property

3

Reserve Price Property Description (Details are provided under Brief Description of secured assets page 7 of this bid document)

Reserve Price(`)

Earnest Money Deposit (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

4 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo and ldquowithout recourserdquo basis The description of the immovable properties is based on the mortgages created by the BorrowerMortgagor with the secured lenders from time to time and the representations made by them The AO does not take or assume any responsibility for any shortfall of the immovable assets or for procuring any permission etc or for the dues of any authority established by law All statutory liabilities taxes maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder It is expressly made clear that the AO Bank do not take any responsibility to provide information on the same The AO Bank does not take or assume any responsibility for any dues statutory or otherwise including such dues that may affect transfer of the assets in

9

the name of the purchaser and such dues if any will have to be bornepaid by the purchaser

5 Inspection of assets The interested parties may inspect the assets at their own cost between 1100 am and 400 pm from February 27 2017 to March 05 2017 in the presence of a representative of the AO available at the site to facilitate the inspection

6 Due Diligence by the Bidders The interested parties may carry out their own comprehensive due diligence in respect of the Secured Assets including any dues relating to the Secured Assets A bidder shall be deemed to have full knowledge of the condition of the assets relevant documents information etc whether the bidder actually inspects or visits or verifies or not

7 The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose the Bidders may in their own interest and at their own cost verify the area of the premises and details of movable assets and any other relevant information before submitting the Bids It shall be presumed that the bidder has satisfied himselfherself about the names descriptions particulars quantities qualities specifications measurements boundaries and abuttal of the assetsproperties and that the bidder concurs or otherwise admits the identity of the assetsproperties purchased by himher notwithstanding any discrepancy or variation by comparison of the description in the particulars of the assetsproperties and their condition

8 The Bidder shall not be entitled to receive re-imbursement of any expenses which may have been incurred in preparation of the BidOffer for submission andor for carrying out due diligence search of titles to the assets and matters incidental thereto or for any other purpose in connection with purchase of the assets under reference

9 Submission of TenderOfferThe Bidder shall complete in all respects the Offer form(s) annexed to the Tender Document and furnish the information called for therein and shall sign and date each of the documents in the space provided therein for the purpose The Bidder shall initial each page of the Offer Offers received for sale and or accepted are not transferable The Format for submission of Profile of the bidder is given in Chapter IV amp V respectively of this Tender Documents The format Chapter IV is for Individuals and The format Chapter V is for Company Proprietorship Partnership firms Bidders may fill in only the form relevant to them

10 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder with the signature which should be duly attested

11 The TenderOffer shall contain the full address Telephone No Fax No e-mail-ID if any of the Bidder for serving notices required to be given to the Bidder in connection with the Offer

12 Bidders are also required to submit declaration executed on general stamp paper of `100- along with the Bid form as per the format given at Chapter VI

13 The TenderOffer form declaration etc shall not be detached from the Bid Documents ie one from the other and no alteration or mutilation (other than filling in all the blank spaces) shall be made in any of the documents attached

10

thereto ie entire set of Bid Document along with duly filled relevant forms be submitted to AO

14 Last date for submission of TenderOffer Bid DocumentThe interested parties may submit Tender Offer Bid Document duly filled and signed along with the required documents to the AO Smt Minky Pramanik Deputy General Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 not later than 400 pm on March 06 2017 in a sealed cover Bidders to submit the EMD by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha Such bidders must indicate RTGS UTR No Amount remitted and date in the appropriate space in the Profile of the Bidder

15 Only those bidders will be permitted to participate in the e-Auction whose Tender Offer Bid Document is complete in every respect and remittance by way of RTGS proceeds is credited into the account indicated well before the cut-off time Bank does not take any responsibility and will not entertain any complaint for any delay in transfer of funds by way of electronic mode Form of Tender Offer Bid document if found incomplete in any respect shall be liable for outright rejection

16 Procedure for e-Auction (after submission of bid to AO) a IDBI has appointed Ms 4 Closure (Bank Auctionin) (Flat No102 Amrutha

Apartments Plot No20 Mohitnagar Hyderabad - 500018) as e-Auction Support Provider (e-ASP) for said sale

b Shri Amaresh Samantasinghar on 814200003066 amareshbankauctionsin (email) is authorized representatives of e-ASP

c After scrutinisation of bids and confirmation of the receipt of EMD as advised AO would forward names and other details of valid bidders to the e-ASP for initiating further process related to auction

d Valid bidders are required to be in touch with the e-ASP and submit following documents to e-ASP- 1 Details of EMD ie details of RTGS sent to AO 2 Self attested copy of PAN Card 3 Self attested valid Residential Proof (any one of the-Voter-id Passport

Driving License Aadhar Card Electricity Bill Telephone Bill) 4 Valid e-mail id and contact details (with alternate mobile land line phone

numbers) e After registration and satisfaction of KYC and other norms e-ASP would

provide user id and password to the valid bidders f After receiving the user-id password from e-ASP the bidders may request for

training for e-Auction g After completion of e-Auction process e-ASP would submit list of the bidders

alongwith its bid amount to AO h Thereafter AO would intimate the bidders accordingly

Bank AO e-ASP provider will not be held responsible for any error occurred due to power failure computer hardware or software error network error etc at the time of e-Auction

17 Date and Time of endashAuction March 08 2017 200 pm to 300 pm

11

The auction would be held with unlimited extensions of 05 minutes each if required on e-Auction platform at website httpswwwbankauctionsin

Increase in Bid Amount

In case no further valid bids are received during the extended period the last highest bid received would be treated as the successful bid and auction would be treated as closedterminated

It may be noted that increase in bid amount if any during the e-Auction period shall be made as under In multiples of `100000- for the property

First bid should be of at least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above

increase in bid amount below the aforesaid amounts will be rejected

18 AO reserves the right to retain the EMD of top three bidderrsquos upto three months from the date of e-Auction and the amount of such EMD will not carry any interest The Bids so retained will be valid for three months from the date of e-Auction or till further extension of time as may be approved by the AO The EMD of other bids will be returned within 7 days from the date of e-Auction

19 Payment of Sale Price The successful bidder would be informed in writing about the acceptance of hisher bidoffer by the AO and will be required to deposit 25 of the sale price (less the amount of EMD) immediately after issuance of letter intimating acceptance of hisher bid that is confirmation of sale in his favour by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha

The balance amount of the sale price shall have to be paid within 15 days from the sale date by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha or such extended period as may be agreed upon in writing between the successful bidder and the AO

20 In case the successful bidder fails to deposit 25 of the sale price within stipulated period the AO shall forfeit the EMD and if the successful bidder backs out after paying 25 of the sale price then AO shall forfeit the 25 of the sale consideration so deposited including the EMD

21 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold

22 In the event of the successful bidder failing to pay the consideration amount within the time schedule stipulated the amount paid by such bidder would be forfeited and also the AO reserves the right to re-sell the assets to the secondthird highest bidder or re-auction the property in the above manner who shall also be treated as the successful bidder mentioned in clauses 9 to 16 above and further in terms of this Bid Document

23 On confirmation of sale and if the terms of payment have been complied with and the successful bidder pays entire sale consideration the AO exercising the power of sale shall issue ldquoCertificate of Salerdquo for the immovable property in favour of the purchaser as per the format provided in the Security Interest (Enforcement) Rules 2002

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 10: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

8

III TERMS AND CONDITIONS 1 The Authorised Officer (AO) exercising the powers under the Securitisation and

Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 read with Security Interest (Enforcement) Rules 2002 (hereinafter referred to as the SARFAESI Act) is selling the assetsproperties mentioned at item No II of the Tender Document (hereinafter referred to as the Secured Assets) and the same are being sold free from charges and encumbrances of the secured lenders mentioned at item NoIII of the Tender Document

2 Issue of Tender Offer Bid DocumentThe Bid Document along with Offer Form is available free of cost from February 06 2017 to March 06 2017 and can be obtained from Smt Minky Pramanik Deputy General Manager or from Shri Arindam Biswas Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 on any working day between 1100 am and 400 pm The bid document can also be downloaded from IDBIrsquos website (wwwidbicom) And e-Auction service providerrsquos website ie httpswwwbankauctionsin Interested parties can participate in the e-Auction for only the property

3

Reserve Price Property Description (Details are provided under Brief Description of secured assets page 7 of this bid document)

Reserve Price(`)

Earnest Money Deposit (`)

All those piece and parcel of land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml which is butted and bounded as follows On North by Woodland bottling On South by Pati Behera On East by Pabitra Samantaray On West by Woodland bottling

together with all buildings and structures thereon and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth

7175000- 720000-

4 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo and ldquowithout recourserdquo basis The description of the immovable properties is based on the mortgages created by the BorrowerMortgagor with the secured lenders from time to time and the representations made by them The AO does not take or assume any responsibility for any shortfall of the immovable assets or for procuring any permission etc or for the dues of any authority established by law All statutory liabilities taxes maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder It is expressly made clear that the AO Bank do not take any responsibility to provide information on the same The AO Bank does not take or assume any responsibility for any dues statutory or otherwise including such dues that may affect transfer of the assets in

9

the name of the purchaser and such dues if any will have to be bornepaid by the purchaser

5 Inspection of assets The interested parties may inspect the assets at their own cost between 1100 am and 400 pm from February 27 2017 to March 05 2017 in the presence of a representative of the AO available at the site to facilitate the inspection

6 Due Diligence by the Bidders The interested parties may carry out their own comprehensive due diligence in respect of the Secured Assets including any dues relating to the Secured Assets A bidder shall be deemed to have full knowledge of the condition of the assets relevant documents information etc whether the bidder actually inspects or visits or verifies or not

7 The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose the Bidders may in their own interest and at their own cost verify the area of the premises and details of movable assets and any other relevant information before submitting the Bids It shall be presumed that the bidder has satisfied himselfherself about the names descriptions particulars quantities qualities specifications measurements boundaries and abuttal of the assetsproperties and that the bidder concurs or otherwise admits the identity of the assetsproperties purchased by himher notwithstanding any discrepancy or variation by comparison of the description in the particulars of the assetsproperties and their condition

8 The Bidder shall not be entitled to receive re-imbursement of any expenses which may have been incurred in preparation of the BidOffer for submission andor for carrying out due diligence search of titles to the assets and matters incidental thereto or for any other purpose in connection with purchase of the assets under reference

9 Submission of TenderOfferThe Bidder shall complete in all respects the Offer form(s) annexed to the Tender Document and furnish the information called for therein and shall sign and date each of the documents in the space provided therein for the purpose The Bidder shall initial each page of the Offer Offers received for sale and or accepted are not transferable The Format for submission of Profile of the bidder is given in Chapter IV amp V respectively of this Tender Documents The format Chapter IV is for Individuals and The format Chapter V is for Company Proprietorship Partnership firms Bidders may fill in only the form relevant to them

10 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder with the signature which should be duly attested

11 The TenderOffer shall contain the full address Telephone No Fax No e-mail-ID if any of the Bidder for serving notices required to be given to the Bidder in connection with the Offer

12 Bidders are also required to submit declaration executed on general stamp paper of `100- along with the Bid form as per the format given at Chapter VI

13 The TenderOffer form declaration etc shall not be detached from the Bid Documents ie one from the other and no alteration or mutilation (other than filling in all the blank spaces) shall be made in any of the documents attached

10

thereto ie entire set of Bid Document along with duly filled relevant forms be submitted to AO

14 Last date for submission of TenderOffer Bid DocumentThe interested parties may submit Tender Offer Bid Document duly filled and signed along with the required documents to the AO Smt Minky Pramanik Deputy General Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 not later than 400 pm on March 06 2017 in a sealed cover Bidders to submit the EMD by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha Such bidders must indicate RTGS UTR No Amount remitted and date in the appropriate space in the Profile of the Bidder

15 Only those bidders will be permitted to participate in the e-Auction whose Tender Offer Bid Document is complete in every respect and remittance by way of RTGS proceeds is credited into the account indicated well before the cut-off time Bank does not take any responsibility and will not entertain any complaint for any delay in transfer of funds by way of electronic mode Form of Tender Offer Bid document if found incomplete in any respect shall be liable for outright rejection

16 Procedure for e-Auction (after submission of bid to AO) a IDBI has appointed Ms 4 Closure (Bank Auctionin) (Flat No102 Amrutha

Apartments Plot No20 Mohitnagar Hyderabad - 500018) as e-Auction Support Provider (e-ASP) for said sale

b Shri Amaresh Samantasinghar on 814200003066 amareshbankauctionsin (email) is authorized representatives of e-ASP

c After scrutinisation of bids and confirmation of the receipt of EMD as advised AO would forward names and other details of valid bidders to the e-ASP for initiating further process related to auction

d Valid bidders are required to be in touch with the e-ASP and submit following documents to e-ASP- 1 Details of EMD ie details of RTGS sent to AO 2 Self attested copy of PAN Card 3 Self attested valid Residential Proof (any one of the-Voter-id Passport

Driving License Aadhar Card Electricity Bill Telephone Bill) 4 Valid e-mail id and contact details (with alternate mobile land line phone

numbers) e After registration and satisfaction of KYC and other norms e-ASP would

provide user id and password to the valid bidders f After receiving the user-id password from e-ASP the bidders may request for

training for e-Auction g After completion of e-Auction process e-ASP would submit list of the bidders

alongwith its bid amount to AO h Thereafter AO would intimate the bidders accordingly

Bank AO e-ASP provider will not be held responsible for any error occurred due to power failure computer hardware or software error network error etc at the time of e-Auction

17 Date and Time of endashAuction March 08 2017 200 pm to 300 pm

11

The auction would be held with unlimited extensions of 05 minutes each if required on e-Auction platform at website httpswwwbankauctionsin

Increase in Bid Amount

In case no further valid bids are received during the extended period the last highest bid received would be treated as the successful bid and auction would be treated as closedterminated

It may be noted that increase in bid amount if any during the e-Auction period shall be made as under In multiples of `100000- for the property

First bid should be of at least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above

increase in bid amount below the aforesaid amounts will be rejected

18 AO reserves the right to retain the EMD of top three bidderrsquos upto three months from the date of e-Auction and the amount of such EMD will not carry any interest The Bids so retained will be valid for three months from the date of e-Auction or till further extension of time as may be approved by the AO The EMD of other bids will be returned within 7 days from the date of e-Auction

19 Payment of Sale Price The successful bidder would be informed in writing about the acceptance of hisher bidoffer by the AO and will be required to deposit 25 of the sale price (less the amount of EMD) immediately after issuance of letter intimating acceptance of hisher bid that is confirmation of sale in his favour by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha

The balance amount of the sale price shall have to be paid within 15 days from the sale date by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha or such extended period as may be agreed upon in writing between the successful bidder and the AO

20 In case the successful bidder fails to deposit 25 of the sale price within stipulated period the AO shall forfeit the EMD and if the successful bidder backs out after paying 25 of the sale price then AO shall forfeit the 25 of the sale consideration so deposited including the EMD

21 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold

22 In the event of the successful bidder failing to pay the consideration amount within the time schedule stipulated the amount paid by such bidder would be forfeited and also the AO reserves the right to re-sell the assets to the secondthird highest bidder or re-auction the property in the above manner who shall also be treated as the successful bidder mentioned in clauses 9 to 16 above and further in terms of this Bid Document

23 On confirmation of sale and if the terms of payment have been complied with and the successful bidder pays entire sale consideration the AO exercising the power of sale shall issue ldquoCertificate of Salerdquo for the immovable property in favour of the purchaser as per the format provided in the Security Interest (Enforcement) Rules 2002

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 11: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

9

the name of the purchaser and such dues if any will have to be bornepaid by the purchaser

5 Inspection of assets The interested parties may inspect the assets at their own cost between 1100 am and 400 pm from February 27 2017 to March 05 2017 in the presence of a representative of the AO available at the site to facilitate the inspection

6 Due Diligence by the Bidders The interested parties may carry out their own comprehensive due diligence in respect of the Secured Assets including any dues relating to the Secured Assets A bidder shall be deemed to have full knowledge of the condition of the assets relevant documents information etc whether the bidder actually inspects or visits or verifies or not

7 The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose the Bidders may in their own interest and at their own cost verify the area of the premises and details of movable assets and any other relevant information before submitting the Bids It shall be presumed that the bidder has satisfied himselfherself about the names descriptions particulars quantities qualities specifications measurements boundaries and abuttal of the assetsproperties and that the bidder concurs or otherwise admits the identity of the assetsproperties purchased by himher notwithstanding any discrepancy or variation by comparison of the description in the particulars of the assetsproperties and their condition

8 The Bidder shall not be entitled to receive re-imbursement of any expenses which may have been incurred in preparation of the BidOffer for submission andor for carrying out due diligence search of titles to the assets and matters incidental thereto or for any other purpose in connection with purchase of the assets under reference

9 Submission of TenderOfferThe Bidder shall complete in all respects the Offer form(s) annexed to the Tender Document and furnish the information called for therein and shall sign and date each of the documents in the space provided therein for the purpose The Bidder shall initial each page of the Offer Offers received for sale and or accepted are not transferable The Format for submission of Profile of the bidder is given in Chapter IV amp V respectively of this Tender Documents The format Chapter IV is for Individuals and The format Chapter V is for Company Proprietorship Partnership firms Bidders may fill in only the form relevant to them

10 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder with the signature which should be duly attested

11 The TenderOffer shall contain the full address Telephone No Fax No e-mail-ID if any of the Bidder for serving notices required to be given to the Bidder in connection with the Offer

12 Bidders are also required to submit declaration executed on general stamp paper of `100- along with the Bid form as per the format given at Chapter VI

13 The TenderOffer form declaration etc shall not be detached from the Bid Documents ie one from the other and no alteration or mutilation (other than filling in all the blank spaces) shall be made in any of the documents attached

10

thereto ie entire set of Bid Document along with duly filled relevant forms be submitted to AO

14 Last date for submission of TenderOffer Bid DocumentThe interested parties may submit Tender Offer Bid Document duly filled and signed along with the required documents to the AO Smt Minky Pramanik Deputy General Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 not later than 400 pm on March 06 2017 in a sealed cover Bidders to submit the EMD by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha Such bidders must indicate RTGS UTR No Amount remitted and date in the appropriate space in the Profile of the Bidder

15 Only those bidders will be permitted to participate in the e-Auction whose Tender Offer Bid Document is complete in every respect and remittance by way of RTGS proceeds is credited into the account indicated well before the cut-off time Bank does not take any responsibility and will not entertain any complaint for any delay in transfer of funds by way of electronic mode Form of Tender Offer Bid document if found incomplete in any respect shall be liable for outright rejection

16 Procedure for e-Auction (after submission of bid to AO) a IDBI has appointed Ms 4 Closure (Bank Auctionin) (Flat No102 Amrutha

Apartments Plot No20 Mohitnagar Hyderabad - 500018) as e-Auction Support Provider (e-ASP) for said sale

b Shri Amaresh Samantasinghar on 814200003066 amareshbankauctionsin (email) is authorized representatives of e-ASP

c After scrutinisation of bids and confirmation of the receipt of EMD as advised AO would forward names and other details of valid bidders to the e-ASP for initiating further process related to auction

d Valid bidders are required to be in touch with the e-ASP and submit following documents to e-ASP- 1 Details of EMD ie details of RTGS sent to AO 2 Self attested copy of PAN Card 3 Self attested valid Residential Proof (any one of the-Voter-id Passport

Driving License Aadhar Card Electricity Bill Telephone Bill) 4 Valid e-mail id and contact details (with alternate mobile land line phone

numbers) e After registration and satisfaction of KYC and other norms e-ASP would

provide user id and password to the valid bidders f After receiving the user-id password from e-ASP the bidders may request for

training for e-Auction g After completion of e-Auction process e-ASP would submit list of the bidders

alongwith its bid amount to AO h Thereafter AO would intimate the bidders accordingly

Bank AO e-ASP provider will not be held responsible for any error occurred due to power failure computer hardware or software error network error etc at the time of e-Auction

17 Date and Time of endashAuction March 08 2017 200 pm to 300 pm

11

The auction would be held with unlimited extensions of 05 minutes each if required on e-Auction platform at website httpswwwbankauctionsin

Increase in Bid Amount

In case no further valid bids are received during the extended period the last highest bid received would be treated as the successful bid and auction would be treated as closedterminated

It may be noted that increase in bid amount if any during the e-Auction period shall be made as under In multiples of `100000- for the property

First bid should be of at least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above

increase in bid amount below the aforesaid amounts will be rejected

18 AO reserves the right to retain the EMD of top three bidderrsquos upto three months from the date of e-Auction and the amount of such EMD will not carry any interest The Bids so retained will be valid for three months from the date of e-Auction or till further extension of time as may be approved by the AO The EMD of other bids will be returned within 7 days from the date of e-Auction

19 Payment of Sale Price The successful bidder would be informed in writing about the acceptance of hisher bidoffer by the AO and will be required to deposit 25 of the sale price (less the amount of EMD) immediately after issuance of letter intimating acceptance of hisher bid that is confirmation of sale in his favour by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha

The balance amount of the sale price shall have to be paid within 15 days from the sale date by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha or such extended period as may be agreed upon in writing between the successful bidder and the AO

20 In case the successful bidder fails to deposit 25 of the sale price within stipulated period the AO shall forfeit the EMD and if the successful bidder backs out after paying 25 of the sale price then AO shall forfeit the 25 of the sale consideration so deposited including the EMD

21 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold

22 In the event of the successful bidder failing to pay the consideration amount within the time schedule stipulated the amount paid by such bidder would be forfeited and also the AO reserves the right to re-sell the assets to the secondthird highest bidder or re-auction the property in the above manner who shall also be treated as the successful bidder mentioned in clauses 9 to 16 above and further in terms of this Bid Document

23 On confirmation of sale and if the terms of payment have been complied with and the successful bidder pays entire sale consideration the AO exercising the power of sale shall issue ldquoCertificate of Salerdquo for the immovable property in favour of the purchaser as per the format provided in the Security Interest (Enforcement) Rules 2002

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 12: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

10

thereto ie entire set of Bid Document along with duly filled relevant forms be submitted to AO

14 Last date for submission of TenderOffer Bid DocumentThe interested parties may submit Tender Offer Bid Document duly filled and signed along with the required documents to the AO Smt Minky Pramanik Deputy General Manager IDBI Bank Ltd Bhubaneswar Zonal Office Janpath Unit ndash IX Bhubaneswar - 751022 not later than 400 pm on March 06 2017 in a sealed cover Bidders to submit the EMD by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha Such bidders must indicate RTGS UTR No Amount remitted and date in the appropriate space in the Profile of the Bidder

15 Only those bidders will be permitted to participate in the e-Auction whose Tender Offer Bid Document is complete in every respect and remittance by way of RTGS proceeds is credited into the account indicated well before the cut-off time Bank does not take any responsibility and will not entertain any complaint for any delay in transfer of funds by way of electronic mode Form of Tender Offer Bid document if found incomplete in any respect shall be liable for outright rejection

16 Procedure for e-Auction (after submission of bid to AO) a IDBI has appointed Ms 4 Closure (Bank Auctionin) (Flat No102 Amrutha

Apartments Plot No20 Mohitnagar Hyderabad - 500018) as e-Auction Support Provider (e-ASP) for said sale

b Shri Amaresh Samantasinghar on 814200003066 amareshbankauctionsin (email) is authorized representatives of e-ASP

c After scrutinisation of bids and confirmation of the receipt of EMD as advised AO would forward names and other details of valid bidders to the e-ASP for initiating further process related to auction

d Valid bidders are required to be in touch with the e-ASP and submit following documents to e-ASP- 1 Details of EMD ie details of RTGS sent to AO 2 Self attested copy of PAN Card 3 Self attested valid Residential Proof (any one of the-Voter-id Passport

Driving License Aadhar Card Electricity Bill Telephone Bill) 4 Valid e-mail id and contact details (with alternate mobile land line phone

numbers) e After registration and satisfaction of KYC and other norms e-ASP would

provide user id and password to the valid bidders f After receiving the user-id password from e-ASP the bidders may request for

training for e-Auction g After completion of e-Auction process e-ASP would submit list of the bidders

alongwith its bid amount to AO h Thereafter AO would intimate the bidders accordingly

Bank AO e-ASP provider will not be held responsible for any error occurred due to power failure computer hardware or software error network error etc at the time of e-Auction

17 Date and Time of endashAuction March 08 2017 200 pm to 300 pm

11

The auction would be held with unlimited extensions of 05 minutes each if required on e-Auction platform at website httpswwwbankauctionsin

Increase in Bid Amount

In case no further valid bids are received during the extended period the last highest bid received would be treated as the successful bid and auction would be treated as closedterminated

It may be noted that increase in bid amount if any during the e-Auction period shall be made as under In multiples of `100000- for the property

First bid should be of at least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above

increase in bid amount below the aforesaid amounts will be rejected

18 AO reserves the right to retain the EMD of top three bidderrsquos upto three months from the date of e-Auction and the amount of such EMD will not carry any interest The Bids so retained will be valid for three months from the date of e-Auction or till further extension of time as may be approved by the AO The EMD of other bids will be returned within 7 days from the date of e-Auction

19 Payment of Sale Price The successful bidder would be informed in writing about the acceptance of hisher bidoffer by the AO and will be required to deposit 25 of the sale price (less the amount of EMD) immediately after issuance of letter intimating acceptance of hisher bid that is confirmation of sale in his favour by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha

The balance amount of the sale price shall have to be paid within 15 days from the sale date by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha or such extended period as may be agreed upon in writing between the successful bidder and the AO

20 In case the successful bidder fails to deposit 25 of the sale price within stipulated period the AO shall forfeit the EMD and if the successful bidder backs out after paying 25 of the sale price then AO shall forfeit the 25 of the sale consideration so deposited including the EMD

21 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold

22 In the event of the successful bidder failing to pay the consideration amount within the time schedule stipulated the amount paid by such bidder would be forfeited and also the AO reserves the right to re-sell the assets to the secondthird highest bidder or re-auction the property in the above manner who shall also be treated as the successful bidder mentioned in clauses 9 to 16 above and further in terms of this Bid Document

23 On confirmation of sale and if the terms of payment have been complied with and the successful bidder pays entire sale consideration the AO exercising the power of sale shall issue ldquoCertificate of Salerdquo for the immovable property in favour of the purchaser as per the format provided in the Security Interest (Enforcement) Rules 2002

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 13: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

11

The auction would be held with unlimited extensions of 05 minutes each if required on e-Auction platform at website httpswwwbankauctionsin

Increase in Bid Amount

In case no further valid bids are received during the extended period the last highest bid received would be treated as the successful bid and auction would be treated as closedterminated

It may be noted that increase in bid amount if any during the e-Auction period shall be made as under In multiples of `100000- for the property

First bid should be of at least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above

increase in bid amount below the aforesaid amounts will be rejected

18 AO reserves the right to retain the EMD of top three bidderrsquos upto three months from the date of e-Auction and the amount of such EMD will not carry any interest The Bids so retained will be valid for three months from the date of e-Auction or till further extension of time as may be approved by the AO The EMD of other bids will be returned within 7 days from the date of e-Auction

19 Payment of Sale Price The successful bidder would be informed in writing about the acceptance of hisher bidoffer by the AO and will be required to deposit 25 of the sale price (less the amount of EMD) immediately after issuance of letter intimating acceptance of hisher bid that is confirmation of sale in his favour by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha

The balance amount of the sale price shall have to be paid within 15 days from the sale date by way of RTGS in favour of IDBI Bank Ltd Account No04234915010017 IFSC Code IBKL0000042 Branch Janpath Bhubaneswar Odisha or such extended period as may be agreed upon in writing between the successful bidder and the AO

20 In case the successful bidder fails to deposit 25 of the sale price within stipulated period the AO shall forfeit the EMD and if the successful bidder backs out after paying 25 of the sale price then AO shall forfeit the 25 of the sale consideration so deposited including the EMD

21 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold

22 In the event of the successful bidder failing to pay the consideration amount within the time schedule stipulated the amount paid by such bidder would be forfeited and also the AO reserves the right to re-sell the assets to the secondthird highest bidder or re-auction the property in the above manner who shall also be treated as the successful bidder mentioned in clauses 9 to 16 above and further in terms of this Bid Document

23 On confirmation of sale and if the terms of payment have been complied with and the successful bidder pays entire sale consideration the AO exercising the power of sale shall issue ldquoCertificate of Salerdquo for the immovable property in favour of the purchaser as per the format provided in the Security Interest (Enforcement) Rules 2002

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 14: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

12

24 The Successful Bidder shall after making full payment of sale price within 15 days of sale or such extended period as may be granted by the AO at his sole and absolute discretion arrange to take possession of the Secured Assets immediately thereafter It is explicitly stated that once the Sale Certificate is issued by the AO the AO IDBI Bank Ltd or its any official shall not be held responsible for security and safe-keeping of the Secured Assets In case the successful bidder fails to take possession of the secured assets as stated above the AO reserves the right to revoke the sale confirmed in hisher favour forfeit the entire amount paid by the successful bidder and go for re-bidding or sell the secured assets by any of the modes as prescribed in the SARFAESI Act including sale by negotiation with any of the bidders andor other parties by private treaty In such an event the original successful bidder shall have no claims on the secured assets or to any amount s for which it may be subsequently sold

25 After issuance of Certificate of Sale by AO the Successful Bidder (purchaser) is required to get the same registered with the competent authority (if required) within four months or as per norms guidelines of government authorities issued from time to time at his cost The purchaser will be required to bear all the necessary expenses like stamp duty registration conveyance expenses etc for transfer of assets in hisher name It is expressly stipulated that there are no implied obligations on the part of the AO or the secured lenders and it shall be solely the obligation of the Bidder at hisher cost to do all acts things and deeds whatsoever for the completion of the sale including payment of all statutory liabilities housing society tax maintenance fee electricity water charges etc outstanding as on date and yet to fall due would be ascertained by the bidder(s) and would be borne by the successful bidder to get the assets transferred in his hertheir name Bank does not take any responsibility to provide information on the same

26 The submission of the BidOffer means and implies that the BidderOfferer has unconditionally and irrevocably agreed to and accepted all the above terms and conditions of the BidOffer laid down herein

27 The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by himher under these conditions is and shall be deemed to be of the essence

28 General Terms and Conditions The AO shall be at liberty to amendmodifydeletedrop any of the above conditions as may be deemed necessary in the light of the facts and circumstances

29 The entire procedure of endashAuction the sequence of inter-se bidding etc shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same

30 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also reserves the right to cancel the entire sale process e-Auction process without assigning any reasons In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid Document or withdraws hisher bid the AO at her sole and absolute discretion reserves the right to go for re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 15: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

13

Act including sale by negotiation with any of the bidders andor other parties by private treaty and the Bidders shall have no right to object to the same

31 In the event the said sale in favour of the bidder not being confirmed by AO otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the CourtTribunal then in that event the sale shall be void and the bidder shall in that event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase money as the case may be but without interest and the bidder shall not be entitled to be paid his costs charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by himher

32 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves the right to call off the sale process at any point of time without assigning any reasons

33 Jurisdiction All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Cuttack alone shall have jurisdiction to entertain adjudicate such disputes

34 On payment of Sale consideration the successful bidder to the bank will be subject to TDS under section 194 -1A of the Income Tax Act 1961 and TDS is to be deducted by the successful bidder only at the time of deposit of remaining 75 of the Bid amount Any dispute regarding the matter would be under jurisdiction of courts in Cuttack only

35 Particular specified in schedule above has been stated to the best of the information of the Authorised Officer Bank Authorised Officer andor Bank will not be answerable for any error Mis-statement or omission in this Public Notice

36 Tenderer (s) must ensure the following while submitting the tender

A THAT THE TENDER SHOULD BE FILLED IN THE FORMAT OF THE TENDER BID ENCLOSED AT ANNEXURE-IVV

B COPY OF THE PAN CARD OF THE PERSON BIDDING AND IF IT IS A COMPANYFIRM THEN COPY OF THE PAN CARD OF COMPANYFIRM

C COPY OF THE CERTIFICATE OF INCOPORATION OF THE COMPANYFIRM

D BOARD RESOLUTION OF THE COMPANYFIRM AUTHORISING THE PERSONPARTNER TO FILE BID FOR THE ASSET AND COPY OF THE IDENTITY PROOF OF THE SAID PERSONPARTNER

E THAT EVERY PAGE OF THE TENDER DOCUMENT IS DULY SIGNED BY THE TENDERER BEFORE SUBMITTING THE TENDER AND DOCUMENTS SUBMITTED SHALL BE DULY ATTESTED

F THAT ALL ALTERATION ERASURES AND OVER WRITING IF ANY IN THE SCHEDULE OR RATE(S) ARE DULY AUTHENTICATED BY THE TENDERERrsquoS SIGNATURE

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 16: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

14

IV BID FORM FOR INDIVIDUAL

For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml (To be submitted by the BidderOfferer separately for each property) 1 a) Full Name of the

BidderOfferer (in Block letters)

b) Complete Postal Address with PIN Code Telephone Nos Fax Nos Website etc

c) Mobile Nos

d) E-mail ID

2 Brief particulars of business (if any)

3 Relationship if any the BidderOfferor has with any employee of IDBI Bank Ltd

4 Name and particulars of the CompanyFirmPerson in whose name the Secured Assetsproperty are to be purchased

5 RTGS remitted through ie Name of the Bank

RTGS UTR NO

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 17: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

15

Amount remitted

In case of refund of EMD it would be refunded to the account from where it was remitted Date 6 Income Tax Permanent

Account Number(s) (PAN) of Bidder Offerer

IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature of the BidderOfficer or duly authorised official of the BidderOfferer

Name and Designation of the BidderOfficer or authorised Signatory Place Date

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 18: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

16

V BID FORM FOR COMPANY PARTNERSHIP PROPRIETORSHIP

FIRM For purchase of secured assets property of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

(To be submitted by the BidderOfferer separately for each property)

1 a) Name of the Company Firm Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence Address with PIN Code Telephone Nos Fax Nos Website etc

2 Date of Incorporation 3 Constitution (PrivatePublicJoint) 4 Name of Chairman 5 Name of Managing Director Partners 6 Board of Directors a) b) c) d) e) f) 7 Income tax PAN No

(attested copy of PAN card of the company to be attached)

8 Date of Last Income Tax Return (Enclose copy of last 3 years Income Tax clearance certificate)

9 a) Full Name of the Authorised Person to carry out e- auction on behalf of the companyfirm party (in Block letters) (Original Authorised letter to be attached to carry out the e-Auction process)

b) Complete Postal Address of the Authorise person with PIN Code Telephone Nos

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 19: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

17

Fax Nos Website etc c) Mobile Nos d) E-mail ID 10 Designation of the Authorised Person 11 Relationship if any the BidderOfferer

has with any employee of IDBI Bank Ltd

13 RTGS remitted through ie Name of the Bank

RTGS UTR No Amount Remitted Date In case of refund of EMD it would be refunded to the account from where it was remitted 14 Income Tax Permanent Account

Number(s) (PAN) of the Authorised person

Each and every information and documents to be submitted is mandatory IWe have read and understood the detailed terms and conditions of the sale and have also read perused and understood all the relevant papers and have carried out myour own due diligence In case any information is found to be incorrect incomplete IWe shall not hold the Authorised Officer or secured lenders responsible for the same and shall not have any claim whatsoever against either of them

Signature Name of the Authorised Person Designation Company FirmParty Seal

All authorizations should be annexed to this form

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 20: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

18

VI

DECLARATION BY THE BIDDER (ON GENERAL STAMP PAPER OF `100-)

(Note This Appendix forms part of the BidOffer) To The Authorised Officer IDBI Bank Ltd NPA Management Group Bhubaneswar Zonal office IDBI House Janpath Unit ndash IX

Bhubaneswar - 751022

Dear Sir Sale of Secured AssetsProperty of Shri Prasanna Kumar Nanda MortgagorPartnerGuarantor of Veeckey Minerals amp Exports comprising of Building land situated at Plot No6463 Khata No9415 Mouza -Sialiapatna PS- Khurda Dist- Khurda admeasuring in aggregate Ac1000 dcml

Having fully examined and understood the terms and conditions of the

Tender Document and condition and status of the Secured Assetsproperty IWe

offer to purchase the said Secured Assets strictly in conformity with the terms

and conditions of this TenderOffer Document

IWe understand that if myour BidOffer is accepted IWe shall be

responsible for the due observance and performance of the terms and conditions

of the TenderOffer and acquire the Secured Assetproperty Should IWe fail to

execute and perform the terms and conditions when called upon to do so the

Earnest Money Deposit (EMD) shall be forfeited

IWe further understand that if myour BidOffer is accepted should Iwe

fail to deposit the balance amount of 75 of the sale consideration (after having

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 21: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

19

paid 25 of the sale consideration) by the stipulated date the said amount of

25 of the sale consideration (including Earnest Money Deposit) or any further

amounts paid by meus shall also be forfeited as laid down in the terms and

conditions of the Bid Document

IWe further understand that if myour BidOffer is accepted after making

full payment of the sale price within 15 days of acceptance of bidoffer or such

extended period as may be granted by the AO at his sole and absolute discretion

Iwe shall arrange to take possession of the secured assets immediately of entire

sale consideration IWe understand that once the Sale Certificate is issued by

the AO the AO shall not be held responsible for security and safe-keeping of the

secured assets We further understand that in the event IWe fail to take

possession of the Secured Assets as stated above the AO reserves the right to

revoke the sale confirmed in myour favour and forfeit the entire amount paid by

meus and Iwe shall have no claims on the secured assets or to any amounts for

which it may be subsequently sold

IWe clearly understand and accept that the Authorised Officer or the secured

lenders do not take or assume any responsibility for any dues statutory or

otherwise of Veeckey Minerals amp Exports including such dues that may affect

transfer of the assets in the name of the purchaser and such dues if any will

have to be bornepaid by meus in case myour Bid is accepted

IWe understand that you are not bound to accept the highest or any Bid as you

may consider deem fit Further Iwe will not raise any objection in case the

Authorised Officer goes for re-bidding or sell the assets by any of the modes as

prescribed in the SARFAESI Act including sale by negotiation with any of the

bidders andor other parties by private treaty

IWe understand that time is the essence for completing the acquisition

formalities of the Secured Assetsproperty and Iwe agree and undertake to abide

by it

IWe have paid Rshelliphelliphelliphelliphellip (Rupees helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliponly)

towards Earnest Money Deposit (EMD) in the name of IDBI Bank Ltd by way

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation

Page 22: A-^òfûc aòKâd aòm¯ò · N) \ûaòKeû~ûA[ôaû eûgò K) iµ©ò Z^Lô ZûeòL Gaõ icd L) aòWÿþ MâjYe @«òc ZûeòL K) ùciið bòKò còù^eûfè @ûŠ GKèù_ûUði,

20

of helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

We understand that the EMD will not carry any interest We understand that the Bid should be unconditional and Bid having conditions

contrary to the terms and conditions of the Bid Document can be summarily

rejected

Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS) Place Dated ___ day of __________2017 Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of duly authorised to sign Bid for and on behalf of

(Name and address of the Bidder) (IN BLOCK CAPITALS)

WITNESS Signature Name amp Address Occupation