MEMORANDUM FOR THE E -AUCTION OF HYPOTHECATED...

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Regd. Office: 202, Maker Tower E, Cuffe Parade, Mumbai 400 005 Corporate Office: Apeejay House, 6th Floor, 3, Dinshaw Wachha Road, Churchgate, Mumbai – 400 020

CIN: U65991MH2005PLC158386 Tel No.: 022-4302 5555 Fax No.: (022) 2204 0465 E-Mail: [email protected] Website: www.sbicaptrustee.com

MEMORANDUM FOR THE E-AUCTION OF HYPOTHECATED EQUIPMENT AND MOVABLES OF M/S KINGFISHER AIRLINES LIMITED LOCATED AT CHHATRAPATI SHIVAJI INTERNATIONAL AIRPORT, MUMBAI (“E-AUCTION MEMORANDUM/ TENDER DOCUMENT”) UNDER THE UNATTESTED MEMORANDUM OF HYPOTHECATION DATED 21/12/2010 BETWEEN KINGFISHER AIRLINES LIMITED AND SBICAP TRUSTEE COMPANY LIMITED

Date: November 21, 2015

SELLER NAME SBICAP Trustee Company Limited (SBICTCL) Apeejay House, 6th Floor, 3, Dinshaw Wachha Road, Churchgate, Mumbai – 400 020, Maharashtra, India

E-AUCTION TO BE CONDUCTED BY

(“SERVICE PROVIDER”)

E-Procurement Technologies Limited (AuctionTiger) Address : A - 801, Wall Street – II, Opp. Orient Club, Nr. Gujarat College, Ellis Bridge - Ahmedabad - 380 006. Gujarat, India

E-AUCTION TENDER NUMBER SBICTCL/ KAL/ 1

ASSETS BEING

AUCTIONED

For description of Movable Hypothecated Assets of Kingfisher Airlines Limited located at Chhatrapati Shivaji International Airport, Mumbai (hereinafter referred to as “Movables”), please refer Annexure 1. Note: Bid must be for all the Movables collectively. Selective Bids for any specific Movables will not be accepted.

DATE OF E-AUCTION

e-Auction Date: 07/12/2015 e-Auction Time: from 11.00 a.m. to 1.00 p.m. as per (I.S.T.) with unlimited extension of 5 Minutes each Auction Website : https://sbi.auctiontiger.net (“Website”)

AREA OF E-AUCTION India

TYPE OF AUCTION Electronic Auction (e-auction)

DOCUMENTS ATTACHED

1) Bidder Guidelines [Document No.1]; 2) Terms & Conditions of e-Auction [Document

No.2]; 3) Assets being auctioned (Annexure I); 4) Bid form (Annexure II); 5) Price Confirmation Letter (Annexure III); 6) Contact Information (Annexure IV); and 7) Copy of the public notice dated 21/11/2015

(Annexure V) [Collectively referred to as ‘Auction Documents’]

SPECIAL INSTRUCTIONS

All the Bidders (defined hereinafter) must ensure that they have a valid digital signature well in advance to participate in the e-Auction. Under no circumstances will any Bidder be allowed to participate in the e-Auction without a valid digital signature. Please refer to the Website for information to procure a digital signature. Alternately you may also contact the agencies listed in the below link in relation to digital signature: http://www.mca.gov.in/MinistryV2/certifying-new.html Bidding in the last minute/s and second/s should be avoided in the Bidders’ own interest. Neither the Service

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Provider nor the Seller will be responsible for any lapses /failure on the part of the Bidder in such cases.

IMPORTANT NOTE

1. Bidder should have a valid digital signature certificate (Class II or III) issued by valid certifying authority.

2. To monitor or for participating in the online auction,

one should have internet connection, computer system, email address (ID) & valid digital certificate.

3. As per the new inter-operability guidelines released

by Controller of Certifying Authorities (CCA), the Secured Socket Layer (SSL) certificate for an e-procurement application is generated on a new algorithm, SHA2. Accordingly, the digital signatures that will be applicable for these platforms have to be SHA2 algorithm compliant. For the same, the users have to ensure that they have Windows XP ( SP3 ) / Windows Vista / Windows 7 installed in their respective PC / Laptop. In case of Windows XP service pack -3, if you face any issue you can install the SSL patch, which is available at the download section of the e-Auction Portal and also at the corporate website www.auctiontiger.net just below the label of “knowledge section”.

Minimum System Requirements: a. An internet connection with minimum 1 Mbps

speed. b. Operating System should be Windows XP Service

Pack -3 & above c. Browsers Supported: Internet Explorer (32 bits

Only) Windows 7, 8.x, 9.x and 10.x, Mozilla Firefox 13.x and above, Google Chrome 20.0x and above.

d. System Access with Administrator Rights. e. Digital signature certificate: To participate in an e-

Auction, you need to have a Valid Digital Certificate from any certifying authority of India as per the IT Act, 2000.

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Document No.1

BIDDER GUIDELINES

SBICAP TRUSTEE COMPANY LIMITED (“Seller/ SBICTCL”) the Hypothecatee under the Unattested Memorandum of Hypothecation dated 21/12/2010 between Kingfisher Airlines Limited (KAL) and SBICTCL, the Security Trustee in relation to the credit facilities sanctioned to M/s Kingfisher Airlines Limited by a Consortium of Lenders led by State Bank of India, shall conduct and finalize the sale of Hypothecated Equipment and Movables of KAL located at Chhatrapati Shivaji International Airport, Mumbai (“CSI Airport”) as set out under Annexure I (hereinafter collectively referred to as the “Movables”) through an electronic-auction mode (“e-Auction”). The e-Auction is in furtherance to the auction notice dated 21/11/2015, published in newspapers - Business Standard (Mumbai and Banglore editions), Free Press Journal (Mumbai edition), Navshakti (Mumbai edition) and Kannada Prabha (Banglore edition) (“Public Notice”). A copy of the said Public Notice is annexed hereto as Annexure V. The Seller has entered into an arrangement with M/s. e-Procurement Technologies Limited, Ahmedabad, (“ETL/ Service Provider”) who are the Seller’s authorized Service Provider for the e-Auction. The person/s submitting the EMD amount (defined hereinafter) for the e-Auction (hereinafter be referred to as the “Bidder” individually and as “Bidders” collectively) are requested to go through the guidelines given below (“Guidelines”) and submit his/their confirmation of having understood the same. Bidders shall note that these Guidelines must be read with the aforesaid Public Notice dated 21/11/2015 and the terms and conditions stated thereunder. It is specifically clarified that these Guidelines form a part and parcel of the e-Auction terms and conditions. It may be noted that the Guidelines listed below are merely for the assistance of the Bidders, and the Bidders are also advised to read and understand the terms and conditions of the e-Auction thoroughly. The said terms and conditions are also annexed to this Memorandum as Document No. 2 (“Terms & Conditions of e-Auction”). Guidelines: A. Pre-Bid Procedure

1. All Bidders must have a valid digital signature, obtained from a certified agency, in accordance with the Information Technology Act, 2000

prior to the submission of the bid form, and to participate in this e-Auction. Under no circumstances will any Bidder be allowed to participate in the e-Auction without a valid digital certificate.

2. The Bidder shall register for the e-Auction on the Website with his preferred e-mail id. The last date of registration for e-Auction shall be 02/12/2015.

3. The persons interested in participating in the e-Auction (Bidders) may confirm their participation by depositing with the Seller 10% (ten per cent) of the Reserve Price as Earnest Money Deposit (“EMD”) as a confirmation.

4. It may be noted that the EMD amount must be deposited by the Bidder before the last date for registration for e-Auction, i.e., on or before

02/12/2015

5. Upon payment of the EMD, the Bidder shall duly complete the online Bid Form available on the Website (“Bid Form”), affix his digital signature to the same, attach the proof of EMD payment to the Bid Form and submit the same on the Website along with scanned copies of KYC documents viz. self attested copies of photo ID proofs/ address proof documents viz. Permanent Account Number (PAN) card/ Passport/ Aadhaar Card/ Election Card/ Driving License or any other similar ID proof issued by government authority, certified true copy(ies) of Board Resolution(s)/ power of attorney (if any) (collectively referred to as “KYC Documents”) before the last date for registration for e-Auction, i.e., on or before 02/12/2015. The Bidder shall also submit a copy of the duly completed and signed Bid Form, the proof of remitting EMD along with KYC documents, in hard copy to the Seller before the last date of registration for e-Auction, i.e., on or before 02/12/2015. The Bid Form is attached herewith as Annexure II.

6. Bid Form without EMD or with less than the EMD amount shall be rejected summarily. The Seller shall scrutinise the Bid Forms and

KYC Documents and shall convey the names of eligible participants for e-Auction to the Service Provider and also to the eligible participants on their registered e-mail ids, within 2 (two) working days from the last date stipulated for receipt of the aforesaid requisite documents.

7. Thereafter, the Service Provider will within 24 (twenty four) hours provide a log-in id and password to the Bidder on his/their registered e-

mail id. 8. The Bidder may change his/their/its password after the first log-in into the Website https://sbi.auctiontiger.net (“Website”).

9. Once the Service Provider registers the Bidder for the e-Auction, the Bidder must avail the mandatory online training that is required to be

undertaken by the Bidder. The information in relation to the online training is also displayed on the Website. The Bidders can avail the mandatory online training not later than 48 (forty eight) hours before the commencement of e-Auction.

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10. Subsequent to completion of the online training by the Bidder, the Bidder shall submit the training completion form (accessible to the

Bidder only upon completion of the online training) on the Website (“Training Completion Form”) not later than 48 (forty eight) hours before the commencement of e-Auction.

11. Please note that without the due submission of the Bid Form and the Training Completion Form, the Bidder will not be eligible to

participate in the e-Auction event.

12. The Service Provider shall intimate the Bidders on their registered e-mail ids of receipt of duly completed Training Completion Forms within 24 (twenty four) hours before the commencement of e-Auction.

13. In the event the date and/or time of the e-Auction is rescheduled, the Service Provider will duly inform all the Bidders of such reschedule,

by way of telephone call and/or e-mail communication, at the earliest opportunity possible.

B. Procedure for e-Auction 1. The Bidders are requested to ensure that they have arranged proper internet connectivity to participate in the e-Auction. In case of failure of

internet connectivity (due to any reason whatsoever), it is the Bidders’ responsibility to have an alternate back-up arrangement. It is expressly stated that neither the Seller nor the Service Provider shall be responsible for these unforeseen circumstances.

2. The Bidders shall follow the procedure informed to them during the mandatory training for participating in the bidding process on the date

of e-Auction. 3. The opening price of the e-Auction (“Opening Price”) and the bid increment value shall be available and displayed to the Bidders on their

bidding screen on the date and at the time of commencement of e-Auction. The Opening Price may be higher than the Reserve Price and the increment value shall be announced along with the Opening Price. The Seller will declare its Opening Price which shall be visible to all the Bidders at the time of commencement of the e-Auction.

4. The Bidder/s shall commence the bidding after announcement of the Opening Price. Please note that the Opening Price of the Assets in the

e-Auction is open to all the participating Bidders. Any Bidder can commence bidding, in the e-Auction, from the Opening Price itself.

5. The first online bid by any Bidder that comes in the system during the e-Auction (“First Bid”) can be equal to the e-Auction's Opening Price, or higher than the e-Auction's Opening Price by 1 (one) increment, or higher than the e-Auction's Opening Price by multiples of increment. The online bids after the First Bid will have to be higher than the First Bid/previous bid (as the case maybe) by at least 1 (one) increment value, or higher by multiples of the increment value.

6. The e-Auction shall be conducted for a period of 2 (two) hours. However, in the event a Bidder places a bid in the last 5 (five) minutes prior

to the closing of the e-Auction, the e-Auction will get extended automatically for another 5 (five) minutes. In case, there is no bid in the last 5 (five) minutes of closing of the e-Auction, the e-Auction shall conclude and close automatically without any extension. It may be noted that there will be unlimited auto extensions available during the e-Auction.

7. The Bidder will be able to view the following on his/her screen along with other necessary fields:

a) Highest Bid in the e-Auction at any given time during the e-Auction; b) Bid Placed by you (the Bidder); c) Opening Price; and d) Bidder’s rank in the e-Auction

8. During the e-Auction, if no bid is received within the specified time, or if the Seller is not satisfied with the final bid price; the Seller, at its

discretion, may decide to revise the Opening Price and/or terminate/cancel the e-Auction process and/or proceed with any other mode of sale of Assets.

9. The Assets will be sold to the highest Bidder after completion and compliance of other requirements for such sale, upon the Seller confirming its satisfaction of the highest bid price and the e-Auction completion.

C. Post e-Auction Process 1. The Service Provider shall intimate the highest Bidder by way of e-mail that the bid amount submitted by him/them is the highest bid

amount. The Service Provider shall also mark the Seller in this communication.

2. Immediately upon receipt of highest Bidder information from the Service Provider, the highest Bidder shall deposit with the Seller 25% (twenty five percent) of the highest bid amount (including EMD), as bid by him (“Sale Price”), within 24 (twenty four) hours from the conclusion of the e-Auction. The process and mode of payment is as set out under Item No.6 of the Terms and Conditions of the e-Auction.

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3. The highest Bidder shall submit to the Seller by way of email/facsimile (fax) the ‘price confirmation’ (Annexure III) confirming the final bid price quoted by him/ them during the e-Auction within 24 (twenty four) hours from conclusion of the e-Auction. The said submission must be duly signed and stamped as a token of acceptance without any new condition other than those already agreed to in writ ing prior to the commencement of the e-Auction.

4. The highest Bidder shall submit to the Seller the proof of remittance of 25% (twenty five percent) of the Sale Price (including EMD) within

24 (twenty four) hours from the time of conclusion of e-Auction.

5. Pursuant to the receipt of the price confirmation letter and 25% (twenty five percent) of the Sale Price from the highest Bidder (with the appropriate proof of payment), the Seller shall issue a ‘sale confirmation certificate’ to the said highest Bidder. It may be noted that the ‘sale confirmation certificate’ is only a document confirming the sale, and it is not and shall not be treated as a ‘sale certificate’ at any given time.

6. The EMD of the unsuccessful Bidders will be refunded (without interest) pursuant to the closure of the e-Auction and intimated by way of e-mail communication.

7. The highest Bidder shall make the balance payment [(75% (seventy five percent)] of the Sale Price to the Seller within 15 (fifteen) days

from the date of remittance of 25% (twenty five percent) of the Sale Price (including EMD) or such extended period as may be agreed upon in writing between the highest Bidder and Authorised Officer of the Seller. The highest Bidder shall also provide the proof of payment of the balance payment [(75% (seventy five percent)] of the Sale Price to the Seller.

8. Pursuant to the receipt of the total Sale Price by the Seller, from the highest Bidder, the Seller shall proceed to duly issue the ‘sale

certificate’ for the Assets in favour of the highest Bidder.

9. In the event the highest Bidder fails to comply with the aforesaid procedure subsequent to the e-Auction event, or fails to make the payment of the 25% of the Sale Price or the total Sale Price (as the case maybe) within the stipulated time period, the Seller shall at its sole discretion decide the way forward, including but not limited to extending the time, re-auction of the Assets and so forth.

D. Note:

Terms defined herein shall have the same meanings as assigned herein, in all Auction Documents. The term ‘Bidders’ shall mean and include the ‘participants’ who are acting on behalf of Bidders.

The Seller shall have the liberty to cancel the e-Auction process / tender at any time, before confirming the sale of Assets under the ‘sale

confirmation certificate’, without assigning any reason.

The Seller shall at his sole discretion have a right to waive/ defer, compliance to any e-Auction bid requirements on a case to case basis, in relation to any matter including but not limited to allowing late registration to an intending Bidder, accepting late submission of KYC documents/ EMD amount and the like.

The Seller shall not have any liability towards the Bidders for any interruption or delay in access to the e-Auction link/site/portal,

irrespective of the cause.

The Seller or Service Provider shall not be liable for any costs, expenses and other payments that the Bidders shall incur in any manner whatsoever, in relation to this e-Auction.

The Guidelines is only a reference document. In the event of any inconsistency in the Bidder Guidelines and the Terms and Conditions of

the e-Auction (attached to this e-Auction Memorandum as Document II), the Terms and Conditions of the e-Auction shall prevail.

In all matters connected to the e-Auction, SBICTCL’s decision shall be final and binding.

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Document No. 2

TERMS & CONDITIONS OF E-AUCTION (Ref: Public Notice dated 21/11/2015)

1. The Movables will be sold by way of a public e-Auction through the SBICTCL’s (“Seller/ SBICTCL”) approved service provider M/s

e-Procurement Technologies Limited (“Service Provider/ETL”).

2. The e-Auction Memorandum containing the Bidder Guidelines, format of the e-Auction application form (“Bid Form”), declaration, general terms and conditions of e-Auction sale, description of Movables and the like (“Auction Documents”) are available on Web portal: https://sbi.auctiontiger.net (“Website”)

3. Unless specifically defined herein, the capitalized terms shall have the meaning assigned to them in the Guidelines under the said e-Auction Memorandum.

4. The e-Auction Assets are being sold on ‘As is where is’ and ‘As is what is’ condition.

5. Intending Bidders must go through Website https://sbi.auctiontiger.net and the e-Auction Memorandum available on the Website for detailed terms and conditions of the e-Auction before depositing the EMD and participating in the e-Auction.

6. The intending Bidders shall remit the EMD amount through EFT / NEFT / RTGS/ SWIFT transfer to the bank account of the Seller before the last date of registration i.e. before 02/12/2015. The remittance must be to the following bank account: Name of A/c – SBICAP Trustee Company Limited A/c No. - 32896535198 Bank Name - State Bank of India Branch Name – Madame Cama Road Branch, Mumbai, India IFSC Code – SBIN0008586

7. Intending Bidder(s) shall hold a valid ‘Digital Signature Certificate’ issued by competent authority. For details with regard to Digital Signature Certificate, you may please contact the Service Provider at the contact details provided herein.

8. Pursuant to depositing the EMD, the intending Bidders shall duly complete and submit the Bid Form (with the digital signature affixed), along with the proof of remittance of EMD, on the Website. Further, the intending Bidders shall submit a copy of the duly completed and signed Bid Form, along with the proof of remittance of EMD, in hard copy to the Seller. In addition to the aforesaid documents, the intending Bidders shall also submit self attested copies of photo ID proofs/ address proof documents viz. Permanent Account Number (PAN) card/ Passport/ Aadhaar Card/ Election Card/ Driving License or any other similar ID proof issued by government authority, certified true copy(ies) of board resolution(s)/ power of attorney (if any) (collectively “KYC documents”) on the website. The intending Bidders shall also send the hard copies of the KYC documents to the Authorised Officer of SBICAP Trustee Company Limited (SBICTCL), Apeejay House, 6th Floor, 3, Dinshaw Wachha Road, Churchgate, Mumbai – 400 020 in a sealed cover. Bid entry shall be deemed to be made only upon the said Bid Forms being submitted online with digital signature, and upon hard copies of the same being furnished as aforesaid.

9. The ‘tender number’ stated in the Public Notice dated 21/11/2015 should be clearly mentioned on the top side of the envelope. Evidence for submitting EMD amount like UTR number and other supportive document/s should be furnished along with/ in the Bid Form. In case of joint Bidders, an authorization letter signed by all the Bidders authorizing actual Bidder (one among them who is holding a valid digital signature certificate) to submit the requisite documents and participate in the bid on their behalf should be attached to the Bid Form. Similarly, in case the Bidder is a company, a certified true copy of the resolution passed by the Board of Directors of the company/ power of attorney authorizing the actual Bidder, who is holding a valid digital signature certificate, to submit and participate in the bid on its behalf, should be attached.

10. The intending Bidders shall undertake the mandatory online training on e-Auction from M/s E-Procurement Technologies Ltd. (AuctionTiger), Ahmedabad [Help Line Nos. : 079-40230 804/805/806/813/816/818/814; Contact Persons: Mr. Tilak Maratha, Mobile No. 09067799646 E-mail: [email protected], Mr. Rikin Brahmaxatriya, Mobile No. 09978591888 E-mail: [email protected], and Mr. Vishal Tiwari, Mobile No. 09879996111, E-Mail: [email protected]. The online training shall be available until 48 (forty eight) hours before the time of commencement of e-Auction.

11. The EMD and other payments in relation to the e-Auction shall be remitted through EFT / NEFT / RTGS/ SWIFT transfer to the bank

account of the Seller as mentioned above. The EMD and other payments shall not carry any interest.

12. Any Bid Form submitted without the proof of EMD amount or without EMD amount or with less than EMD amount being paid shall be instantly rejected. Also, incomplete Bid Forms or inappropriately executed Bid Forms shall be rejected.

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13. SBICTCL shall scrutinize the Bid Forms and KYC Documents and shall convey the names of eligible participants for e-Auction to the Service Provider and also to the eligible participants, within 2 (two) working days from the last date stipulated for receipt of the aforesaid requisite documents. The decision of SBICTCL about eligibility of participant shall be final.

14. The e-Auction will start automatically on and at the time as mentioned above. The e-Auction / bidding time will initially be for a period

of 2 (two) hours with auto time extension of five minutes each, in case the bidding continues, till the sale is concluded.

15. Demo e-Auction process will be conducted by the Service Provider for eligible Bidders at the specified date and time, at the request of the Bidders.

16. The Opening Price of the e-Auction and the increment value will be displayed on the Bidders’ screen at the time of commencement of

the e-Auction.

17. In case of technical defects/ holiday declared or any other reason, if the Website is not available on the day of e-Auction, the e-Auction shall be postponed to the next working day / Website available day. However, the Bidders may participate in e-Auction bidding from their place of choice and internet connectivity shall be ensured by the Bidder himself. SBICTCL/ Service Provider shall not be responsible/ held responsible for the interruption in internet connectivity, network and system problems, power failure etc.

18. All the Bidders must submit its/their final price confirmation as quoted at the time of close of the e-Auction, immediately after the conclusion of the e-Auction to the Service Provider. The Movables shall be sold to the highest Bidder. The Service Provider shall intimate the highest Bidder by way of e-mail that the bid amount submitted by him/them is the highest bid amount. The Service Provider shall also mark/copy the Seller in this communication. The highest Bidder shall remit (into the bank account mentioned above) 25% of the Sale Price (including EMD) (“Sale Price”) within 24 (twenty four) hours from receipt of highest Bidder information from the Service Provider upon conclusion of the e-Auction.

19. The highest Bidder shall within 24 (twenty four) hours from the receipt of highest Bidder information from the Service Provider upon conclusion of the e-Auction, submit to SBICTCL by way of email/facsimile (fax) the ‘price confirmation’ of the final price quoted by him/ them during the e-Auction. The said submission must be duly signed and stamped as a token of acceptance without any new condition other than those already agreed to in writing prior to the commencement of the e-Auction.

20. The Bidder shall submit the proof of remittance of 25% (twenty five percent) of the Sale Price (including EMD) to the Seller within 24

(twenty four) hours from the time of conclusion of the e-Auction. On receipt of said payment and verification of KYC documents, SBICTCL shall issue sale confirmation certificate. It may be noted that the ‘sale confirmation certificate’ is only a document confirming the sale, and it is not and shall not be treated as a ‘sale certificate’ at any given time.

21. In the event the highest Bidder fails to make the payment of 25% (twenty five percent) of the Sale Price (including EMD) to the Seller within the aforesaid stipulated time, as a consequence of which the e-Auction is reconvened, cancelled or re conducted, the said defaulting highest Bidder shall be liable to indemnify the Seller for the loss caused due to such breach committed by him/it.

22. The balance amount (i.e. 75% of the Sale Price (including EMD)) shall be paid on or before the fifteenth day of the date of remittance of 25% of the Sale Price (including EMD) or such extended period as may be agreed upon in writing between the highest Bidder and SBICTCL into the bank account mentioned above.

23. If 25% of the Sale Price is not paid for any reason, EMD will be appropriated by SBICTCL. Likewise, if the balance 75% amount is not paid for any reason within 15 (fifteen) days or such extended period as stated above, the amount already deposited by him/her will be appropriated by SBICTCL and SBICTCL will be at liberty to re-auction the Movables.

24. If extension of time for payment of balance 75% of the Sale Price is agreed upon, the highest Bidder shall pay interest at the rate of SBAR i.e., 14.75% p. a (currently) on the balance amount for the delayed period appropriately.

25. The Movables are being sold on ‘as is where is’ and ‘as is what is’ condition. The Bidders should make their own enquiries regarding ownership, encumbrances, charges or statutory dues such as taxes etc., with respect to the Movables. The Bidders must also independently enquire with respect to ownership and registration of the Movables. It shall be deemed that the Bidders have done their own due diligence before submitting the bids. There shall not be any responsibility on SBICTCL in this respect.

26. The EMD of the unsuccessful Bidders will be refunded (without interest) on the closure of the e-Auction sale and intimated to the Bidder via e-mail. Bidders should provide details of their bank accounts, such as name of the bank and branch, IFSC/SWIFT code number, account number etc. for this purpose, in the Bid Form.

27. Upon issuance of the sale confirmation certificate by SBICTCL and the terms of payment having been complied with, SBICTCL exercising the power of sale shall issue ‘sale certificate’ in relation to the Movables in favour of the highest Bidder.

28. The successful Bidder of the Assets shall be solely responsible for his/its registration with the relevant authorities as the purchaser and owner of the said Movables and replace the previous owner in the said register.

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29. The sale certificate will be issued in the name of the highest Bidder/ purchaser(s) (entity on whose behalf any Bidder is bidding) only and

will not be issued in any other name(s).

30. The purchaser shall bear the charges/fees payable for conveyance of the Movables, such as registration fees, stamp duty, statutory dues etc. as applicable under the law.

31. SBICTCL is not liable to pay any interest/ refund of EMD in case of any delay in issue of confirmation of sale/ Sale Certificate by virtue of any court order or any order of a statutory authority, received after e-Auction is held. Further, SBICTCL or the Service Provider shall also not be liable to pay any refund towards any costs and expenses that the Bidders may incur in relation to the e-Auction.

32. SBICTCL reserves the right to reject any or all the offers/tenders/bids without assigning any reason or shall have the right to postpone or cancel e-Auction. SBICTCL also reserves the right to modify any terms and conditions of the e-Auction/sale at his discretion without prior notice.

33. SBICTCL shall not be responsible for any charge, lien, encumbrances, or any other dues to the Government/ department or anyone else in respect of Movables being sold by way of e-Auction.

34. The Public Notice dated 21/11/2015 is also a notice to the borrower/guarantors referred to thereunder, about holding of e-Auction sale on the above mentioned date if the dues are not repaid in full before the date of e-Auction.

35. For further details regarding the e-Auction, the intending Bidders may contact SBICTCL during office hours - Mr. R L N Rao - Mobile No. 08879150025, Phone No. 022-43025525, e-mail: [email protected] or Mr. Prashant Joshi - Mobile No. 08879150022, Phone No. 022-43025522, e-mail: [email protected] and also may contact the Seller’s approved Service Provider for any information on procedure of e-Auction: M/s E-Procurement Technologies Ltd Auctiontiger, Ahmedabad. Contact Person Mr.Tilak Maratha & Mr.Vishal Tiwari 079-40230 804.

36. In all matters connected to the e-Auction, SBICTCL’s decision shall be final and binding.

37. OTHER TERMS & CONDITIONS: a) The Bidder shall not involve in price manipulation of any kind directly or indirectly by communicating with other buyers / Bidders. b) The Bidder shall not divulge either his bids or any other exclusive details of SBICTCL to any other party. c) SBICTCL’s decision on sale of Movables shall be final and binding on all the Bidders. d) SBICTCL along with ETL can decide to extend, reschedule or cancel the e-Auction. Any changes made by SBICTCL and / or ETL,

after the first posting shall be deemed accepted, if the Bidder continues to access the site after that time. e) ETL shall not have any liability to Bidders for any interruption or delay in access to the Website, irrespective of the cause. f) ETL is not responsible for any damages, including damages that result from, but are not limited to negligence. ETL will not be held

responsible for consequential damages, including but not limited to systems problems, inability to use the system, loss of electronic information etc.

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ANNEXURE I LIST OF MOVABLES PROPOSED TO BE SOLD BY WAY OF E-AUCTION

(INVENTORY OF HYPOTHECATED ASSETS LOCATED AT

CHHATRAPATI SHIVAJI INTERNATIONAL AIRPORT, MUMBAI)

SITE-I NEAR STP

Sr. No.

Items Quantity

1 FORKLIFT NO. MH02-B-9649 (5 TON) 1 2 VOLTAS FORKLIFT 1 3 TOWING MACHINE (FORKLIFT POINT) 2 4 TRACTORS:

1. MH02B9943 2. MH02AB9132 3. MH02AV9419 4. MH02B9944

4

5 SCORPIO: 1. AY7773 2. MH02AY5814

2

6 MARUTI ZEN - MH02AY7271 1 7 TEMPOES:

1. MH02AY3425 2. MH02XA6413 3. MH02YA1334 4. MH02YA3794

4

8 TROLLYS: 1. AC FUEL DRAIN TROLLY - 1 2. LUGGAGE PULLING TROLLY - 4 3. GENERATOR - 1 4. AERO HYDRAULIC OIL TANK - 1

7

9 FUEL BAWZER TANK WITH TROLLY 1 10 GROUND POWER UNIT - MAK GPU-40-B-1-7 V-

4.5 1

11 FIRE EXTINGUISHER 1 12 FIRE EXTINGUISHER - BIG CYLINDER (22

KGS) WITH IRON TROLLY 2

13 LUGGAGE TROLLY 1 14 IRON LADDER 1 15 A2-A330 FRONT CARGO DOOR TRESTLE 1 16 34-KFG/BOM/TRS, 11'/2" FEET - 2 PERSONS

ONLY 1

17 28-KFG/BOM/TRS-28, 10" FEET, APV, 2 PERSONS ONLY

1

18 LADDER BETWEEN A2 & 34 1 19 BIG GOODS TROLLY BETWEEN 34 7 & 28 1 20 SPARE TRESTLE 6", CA-01 1 21 36 ATR, ENGG, 6" 1 22 A1, A330, ENGINE TRESTLE (R.H.) 1 23 32 KFG/BOM/TRS-31, 10.5", 7 PERSONS ONLY 1 24 14, KFG/BOM/TRS-14, 6", 1 PERSON ONLY 1 25 KFG/BOM/TSL - 1 FOR B-727 & A-320 1 26 A5, A330 ENGINE TRESTLE (LH) 1 27 24-KFG/BOM/GPT, 8.25" 1 28 26-KFG/BOM/GPT/ APU TRESTLE 1 29 AG- A330, MAIN DOOR TRESTLE 1 30 29-10" KFG/BOM/TPS-APU 1 31 10" LADDER BESIDES 29 1 32 1 SMALL 5" LADDER BESIDES 29 1 33 1 SMALL 5" LADDER BESIDES 14 1 34 TROLLYS WITH SPARE WHEEL 2

10



SITE-I NEAR STP

Sr. No.

Items Quantity

35 HONDA GENERATOR EXK2800 1 36 HYDRAULIC POLE WITH STAIRCASE 2 37 FIRE EXTINGUISHERS WITH TROLLY - 22.5 kgs 4 38 PULLING & JOINING TROLLYS 2 39 AIRCRAFT PULLERS:

1. TOWA 320C - HYDRO GERATEBAU - 1 2. A318/A320/A37 - 1 3. FOR ATR-1 - 1 4. KFG/BOM/TB-7 - 1

4

SITE-II NEAR HPC

Sr. No.

Items Quantity

1 PORTA CABIN ( 1 SMALL & 1 BIG) 2 2 GENERATOR TROLLY 3 3 IRON SHELF (CUPBOARD) 1 4 WASH RING TROLLY 1 5 TEMPOES:

1. MH02YA1333 2. MH02XA6323 3. MH02YA3559 4. MH02YA3423 5. MH02YA1357 6. MH15BJ4795 7. MH02YA8531 8. MH02YA3424 9. MH02CE0281

9

6 GOODS CARRIER (TEMPOES): MH02YA3558 MH02YA3504

2

7 PUSHBACK VANS 4 8 WATERCART NO. KFG/BOM/WC-1 1 9 INDITEL-VAN - INDITEL-PBT-13 & INDITEL

PBT-5 2

10 TRIPOD WITH BIG FIRE EXTINGUISHAR CYLINDER BEARING NO.GSD/BOM/TJW-02 (1 PINK IN COLOUR, 1 IN RED COLOUR AND 1 IN ORANGE COLOUR),

3

11 IRON LADDER WITH STANDING TOP 7 12 ALUMINIUM LADDER 1 13 BACK CARGO DOOR TRESTLE TROLLY TYPE

A-3 - TROLLY 1

14 KFG/BOM/BT-11, CABIN APP-6 - TROLLY 1 15 TROLLY WITH 3 COMPARTMENT & SPARE

WHEEL - GSD/BOM/WSD01 1

16 TROLLY WITH STAIRCASE IN FRONT OF 7285 1 17 ZEN ESTILO -TN 38 AP 3605 1 18 ZEN ESTILO -GA 06 D 0682 1 19 ZEN ESTILO -MH 02 AY 7267 1 20 MARUTI SUZUKI DX2 - MH02 AL 1801 1 21 ZEN ESTILO - MH02 AY 8175 1 22 TROLLY IN FRONT OF 8175 1 23 STORAGE BOX AKE 1020 GIT 1 24 MAHINDRA TEMPER LITE - LT-MH-15-BJ-4796 1 25 MAHINDRA MH-15-BJ-5094 1 26 ZEN ESTILO - MH-02-AY-7276 1

11



SITE-II NEAR HPC

Sr. No.

Items Quantity

27 ZEN ESTILO - MH-02-AY-7285 1 28 AIRCRAFT PULLER:

1. KFG MJIM TB-2/A318/A319/A220/A321 2. KFG/BOM/78-4 3.A318/A319/A320/A327 4. TOW8320-C/9720789-

4

29 SCORPIO SLX - MH-02-AY-6273 1 30 ZEN ESTILO - MH-02-BG-1643 1 31 MARUTI VAN - MH-04-BH-170 1 32 ZEN ESTILO - MH-02-V-4634 1 33 SCORPIO - MH-02-AU-6065 1 34 IT-15-JEEP TYPE - MH-06-AG-643 1 35 IT-46-JEEP TYPE MH-15-BJ-4794 1 36 TURBO INTERCOOLER EICHER - MH-02-YA-

9483-10.90 1

37 EICHER VAN WITH CRANE 10.95 - MH-02-B-9788

1

38 CRANE - GENIE Z - 45/25 1 39 TATA 407 TURBO - SCISSOR LIFT

KFE.BOM/SL-7, CH-NO.357341 1

40 SHED LADDER VEHICLE WITH HYDRAULIC - KFG/BOM/AS-4

1


1


1


1

12



ANNEXURE- II

BID FORM FOR SALE OF MOVABLES OF M/S. KINGFISHER AIRLINES LIMITED BY WAY OF E-AUCTION

SBICAP Trustee Company Limited Apeejay House, 6th Floor, 3, Dinshaw Wachha Road, Churchgate, Mumbai – 400 020, Maharashtra, India

Kind Attn: Asst. Vice President & Head (Legal & Compliance) Ref:

(i) Public notice dated 21/11/2015 for the e-Auction of the Movables of Kingfisher Airlines Limited, published in newspapers - Business Standard (Mumbai and Banglore editions), Free Press Journal (Mumbai edition), Navshakti (Mumbai edition) and Kannada Prabha (Banglore edition) (‘Public Notice’); and

(ii) E-Auction Memorandum dated 21/11/2015 published in https://sbi.auctiontiger.net and http://www.sbicaptrustee.com/Uploads/News/KAL_EAuction_Public_Notice_21112015.pdf (‘E-Auction Memorandum’) [Note: The capitalized terms and expressions used herein shall have meanings assigned to them under the E-Auction Memorandum and the Terms and Conditions of the E-Auction]. E-AUCTION BID APPLICATION FORM [For individual Bidders]

1) Name of the Bidder(s): ………………………………………………………………………… (in capitals)

Note: In the event of successful bidding and fulfillment of all requirements, the sale certificate shall be issued in this name.

2) Father’s/Husband’s Name: ……………………………………………………………………. 3) Date of Birth & Age: ……………………………………………………………………………. 4) Postal Address of the Bidder(s): (copy of Address Proof to be enclosed) ……………………………………………………………………

………………………………………………………………………..

5) Whether Bidder is participating For Self or for others: ……………………………………………………………..

6) If participating for others, furnish the details for whom participating, along with authority letter: (Original of the Authority letter to be enclosed) ……………………………………………………………………………..

7) Phone Nos. - Mobile: …………………………………………………………………………… Landline……………………………………………………………………………………….

8) Registered E-mail of the Bidder as registered on https://sbi.auctiontiger.net: ………………………………………………………………… 9) PAN of Bidder: (copy to be enclosed)…………………………………………………………………. 10) Bank account details to which EMD amount is to be refunded:

Type of account: Saving/ Current/ others Name of the A/c Holder: ……………………………………………………………………. Bank A/c Account No.: ……………………………………………………………………….. IFSC Code No./SWIFT Code No. …………………………………………………………. Name of the Bank: ……………………………………………………………………………… Name of the Branch: …………………………………………………………………………..

13



E-AUCTION BID APPLICATION FORM (for an organization) Note: Organization shall mean and include a company/firm/LLP/Trust/ duly incorporated entity etc.

1) Name of the Organization intending to bid (in capitals): …………………………………………………………………………

Note: In the event of successful bidding and fulfillment of all requirements, the sale certificate shall be issued in this name. 2) Date of Incorporation (certified true copy of Certificate of Incorporation to be enclosed):

……………………………………………………………………. 3) Postal Address of the Registered Office (certified true copy of Proof of Address to be

enclosed):……………………………………………………………………………………………………………………………………….. 4) Name of the Authorized Signatory Nominated for the e-Auction (Original of the Authority Letter or certified true copy of the Board

Resolution/ Power of Attorney (as applicable) to be enclosed): _________________________________

5) Father’s/Husband’s Name of the Authorized Signatory: ……………………………………………………………………. 6) Date of Birth & Age of the Authorized Signatory: ……………………………………………………………………………. 7) Postal Address of the Authorized Signatory (Certified true Copy of the Address Proof to be enclosed):

……………………………………………………………………

8) Phone Nos. - Mobile: …………………………………………………………………………… Landline……………………………………………………………………………………….

9) Registered E-mail address as registered on https://sbi.auctiontiger.net: ………………………………………………………………… 10) PAN of the Organization (certified true copy to be enclosed): …………………………………………………………………. 11) PAN of the Authorized Signatory (certified true copy to be enclosed): …………………………………………………………………. 12) Bank account details to which EMD amount is to be refunded:

Type of account: Saving/ Current/ others Name of the A/c Holder: ……………………………………………………………………. Bank A/c Account No.: ……………………………………………………………………….. IFSC/SWIFT Code No. …………………………………………………………………………. Name of the Bank: ……………………………………………………………………………… Name of the Branch: ………………………………………………………………………….. Country: ………………………………………………………………………….

[Please attach the copy of the proof of remittance of the EMD Amount to this Bid Form]

14



DECLARATION (Note: The Declaration shall be signed by the Bidder/ authorized signatory/ participant with his digital signature) To, SBICAP Trustee Company Limited (SBICTCL/ Seller) Apeejay House, 6th Floor, 3, Dinshaw Wachha Road, Churchgate, Mumbai – 400 020 I, ……………… S/o ………………………………aged about ……… years, residing at …………………………………………………………… …………………… (in case of an individual Bidder) OR I, __________________ S/o ………………………………aged about ……… years, residing at …………………………………………………………… ……………………and an Authorized Signatory (appointed vide board resolution/ power of attorney dated…………….), representing ……(organization) having registered office at ____________________ (as applicable) (in the case of an organization) do hereby express my/ our interest for participating in e-Auction being conducted by SBICAP Trustee Company Limited, for purchase of the Movables of Kingfisher Airlines Limited as specified in Public Notice dated 21/11/2015 after having referred to the list of Movables proposed to be sold by way of e-Auction enclosed as Annexure I to the Memorandum of E-Auction and declare that I have read and understood the Memorandum of E-Auction and agree to all the Terms and Conditions of e-Auction sale and shall abide by them. In the event of my/us not being declared as successful Bidder in the e-Auction, the EMD amount paid by me may be credited into the bank account furnished by me/us in the e-Auction Bid Application form.

I am/ We are aware and I/We understand that upon being declared as highest Bidder by the Seller, if I/we fail to pay 25% (including EMD) of the sale consideration immediately, or balance 75% of the sale consideration within the stipulated time, the entire amount paid by me/us will be appropriated by SBICTCL. Further, I/We hereby confirm that:

1. the undersigned is an authorized representative of the company/organization, which intends to participate in the e-Auction (if applicable). [Note: If not applicable please strike out].

2. I/we have studied and understood the above referred e-Auction Memorandum comprising of Bidder Guidelines, e-Auction Terms and Conditions as mentioned in the Public Notice dated 21/11/2015 issued by the Seller, and confirm my/our acceptance to the same.

3. I/We undertake to complete the mandatory online training on the e-Auction Website. 4. the Seller and M/s E-Procurement Technologies Ltd. (AuctionTiger), Ahmedabad (ETL) shall not be liable and responsible in any manner

whatsoever for my/our failure to access and bid on the e-Auction platform due to loss of internet connectivity, electricity failure, virus attack, problems with the PC or any other unforeseen circumstances etc., prior to or during the e-Auction event.

5. I/We have a valid digital signature bearing number [●], valid till [●] and issued by a valid Certifying Authority. 6. in case the bid submitted by me/us turns out to be the highest bid, I/we will facsimile (fax)/e-mail the price confirmation of my/our quoted

price along with proof of remittance of 25% of the Sale Price (including EMD) within 24 hours of completion of the e-Auction. 7. I/We will honour the bids placed by me/us during the e-Auction event. Yours Sincerely,

Signature of the intending Bidder (physical signature in hard copy/ digital signature in soft copy) (company/ organization seal if applicable) (in hard copy only) Name – Company / Organization (if applicable) – Designation within Company / Organization (if applicable) – Address of Company / Organization (if applicable)– Date: Place:

15



Annexure III

PRICE CONFIRMATION To SBICAP Trustee Company Limited (SBICTCL/ Seller) Apeejay House, 6th Floor, 3, Dinshaw Wachha Road, Churchgate, Mumbai – 400 020

Sub: Final price quoted during E-Auction pertaining to Tender no. SBICTCL/ KAL/ 1 Ref : (i) Sale of Movables through E-Auction dated 07/12/2015; & (ii) Public Notice for E-Auction dated 21/11/2015 published in newspapers - Business Standard (Mumbai and Banglore editions), Free Press Journal (Mumbai edition), Navshakti (Mumbai edition) and Kannada Prabha (Banglore edition), in India Dear Sir, I/ We confirm that I/ we have quoted the below price as our final bid price:

Rs__________(Rupees ________) only. Thanking you Yours sincerely, For _________________ Name: Company/Organization (if applicable): Seal (if applicable): Date: Bidder Registration Number/ID:

16



ANNEXURE IV

CONTACT INFORMATION

E -Procurement Technologies Limited

SBICAP Trustee Company Limited

Address : A - 801, Wall Street – II, Opp. Orient Club, Nr. Gujarat College, Ellis Bridge - Ahmedabad - 380 006. Gujarat (India) www.auctiontiger.net Fax:- 91 - 079 - 40016847 Mr. Dharam Rathod Cell: –+91 9374519754 Phone No. : +91 79 40230813/816/800 Email – [email protected] Mr. Tilak Maratha Cell: +91 9067799646 Phone No. : +91 79 40230 804 Email – tilak @auctiontiger.net Mr. Rikin Brahmaxatriya Cell: +91 9978591888 Email – [email protected] Mr. Vishal Tiwari Cell: +91 09879996111 Email – [email protected]

Address : Apeejay House, 6th Floor, 3, Dinshaw Wachha Road, Churchgate, Mumbai – 400 020 Mr. R L N Rao Mobile No. - +91 8879150025 Tele No. – 022-4302 5525 Fax No. – 022-2204 0465 Email – [email protected] Mr. Prashant Joshi Mobile No. - +91 8879150022 Tele No. – 022-4302 5522 Fax No. - (022) 2204 0465 Email – [email protected] Mr. Prasad Tilve Mobile No. - +91 8879150013 Tele No. – 022-4302 5513 Fax No. - (022) 2204 0465 Email – [email protected]

Annexure V

(Copy of the Public Notice dated 21/11/2015)



SBICAP Trustee Company Limited Regd. Office: 202, Maker Tower E, Cuffe Parade, Mumbai 400 005

Corporate Office: Apeejay House, 6th Floor, 3, Dinshaw Wachha Road, Churchgate, Mumbai – 400 020


The Tender number should be clearly mentioned on the top of envelope. Evidence for submitting EMD amount like UTR number and other supportive document should be furnished in the bid form. In case of joint bidders, an authorization letter signed by all the bidders authorizing actual bidder (one among them who is holding a valid Digital Signature Certificate) to submit and participate in the bid on their behalf should be attached to the bid form. Similarly, in case the bidder is a company, a certified true copy of the resolution passed by the Board of Directors authorizing the actual bidder, who is holding a valid Digital Signature Certificate, to submit and participate in the bid on its behalf should be attached.

8. The EMD and other payments shall be remitted through EFT / NEFT / RTGS transfer to the bank account as mentioned above, prior to submitting Bids. The EMD and other payments shall not carry any interest.

9. Bid form without EMD or with less than the EMD amount shall be rejected summarily.

10. SBICTCL will scrutinise the Bid Application Forms and KYC Documents and shall convey the names of eligible participants for e-auction to the service provider and also to the eligible participants, on or before expiry of 2 (two) working days from the last date for submission of bid applications. The decision of SBICTCL about eligibility of participant shall be final.

11. The Bid increment / multiplier shall be as stated above. 12. Online auction sale will start automatically on and at the time as mentioned

above. Auction / bidding time will initially be for a period of two hours with auto time extension of five minutes each, in case the bidding continues, till the sale is concluded.

13. Auction / bidding will be only online bidding through the portal provided by M/s E-Procurement Technologies Ltd. (AuctionTiger), Ahmedabad.

14. Demo e-Auction process will be conducted by M/s E-Procurement Technologies Ltd. (AuctionTiger), Ahmedabad for familiarization and allocation of user name / password to eligible bidders for access to the e-Auction at the specified date and time.

15. In case of technical defects/ holiday declared or any other reason, if the website is not available on the day of auction, the auction shall be postponed to the next working day / website available day. However, the bidders may participate in e-auction bidding from their place of choice and internet connectivity shall be ensured by the bidder himself. SBICTCL/ Service Provider shall not be held responsible for the internet connectivity, network and system problems, power failure etc.

16. The Movables shall be sold to the highest bidder. The purchaser shall deposit 25% of the sale price (including EMD) within 24 hours of sale being confirmed in his/her favour. On receipt of said payment and verification of KYC documents with originals, SBICTCL shall issue letter of sale confirmation. The balance amount shall be paid on or before the fifteenth day of confirmation of sale of Movables or such extended period as may be agreed upon in writing between the successful bidder and SBICTCL. If 25% of the sale price is not paid for any reason, EMD will be forfeited. Likewise, if the balance 75% amount is not paid for any reason within 15 days or such extended period as stated above, the amount already deposited by him/her will be forfeited and SBICTCL will be at liberty to re-auction the Movables.

17. If extension of time for payment of balance 75% of the sale price is agreed upon, the buyers shall pay interest at the rate of SBAR i.e, currently 14.75 % p.a. on the balance amount for the delayed period.

18. The property is being sold on ‘As is where is’ and ‘As is what is’ condition. The bidders should make their own enquiries regarding ownership, encumbrances, charges or statutory dues such as taxes etc. with respect to Movables. The bidders must also independently enquire with the appropriate authorities with respect to ownership and registration of the Movables. It shall be deemed that the bidders have done their own due diligence before submitting the bids. There shall not be any responsibility on SBICTCL in this respect.

19. The EMD of the unsuccessful bidders will be refunded (without interest) on the closure of the e-auction sale and intimated via their email Ids. Bidders should provide details of their Bank accounts such as Name of the Bank and Branch, IFSC Code number, Account Number etc. for the purpose in the bid form.

20. On confirmation of sale by SBICTCL and if the terms of payment have been complied with, SBICTCL exercising the power of sale shall issue Sale Certificate for the Movables in favour of the purchaser (s).

21. The successful bidder of the Movables shall be solely responsible for registration with the Appropriate Authorities, as the purchaser and owner of the said Movables and replace the previous owner in the said registers.

22. The sale certificate will be issued in the name of the purchaser(s) / Applicant(s) only and will not be issued in any other name(s).

23. The purchaser shall bear the charges/fees payable for conveyance such as registration fees, stamp duty, statutory dues etc. as applicable under law.

24. SBICTCL is not liable to pay any interest/ refund of EMD in case of any delay in issue of confirmation of sale/ Sale Certificate by virtue of any Court Order or any order of a statutory authority, received after e-auction is held.

25. SBICTCL reserves the right to reject any or all the offers/tenders/bids without assigning any reason or shall have the right to postpone or cancel e-auction. SBICTCL also reserves the right to modify any terms and conditions of the e-auction/sale at his discretion without prior notice.

26. SBICTCL shall not be responsible for any charge, lien, encumbrances, or any other dues to the Government or anyone else in respect of Movables being e-auctioned.

27. This is also a notice to the borrower/guarantors referred above, about holding of e-auction sale on the above mentioned date if the dues are not repaid in full before the date of e-auction.

28. For further details regarding the auction, the intending bidders may contact SBICTCL during office hours – Mr. R L N Rao - Mobile No. 08879150025, Phone No. 022-43025525, E-mail: [email protected] or Mr. Prashant Joshi - Mobile No. 08879150022, Phone No. 022-43025522, E-mail: [email protected] and may also contact the SBICTCL’s approved service provider M/s E-Procurement Technologies Ltd. (AuctionTiger), Ahmedabad at the contact details provided in point no. 5 above for any information on procedure of e-auction.

. Sd/-

Place: Mumbai Date: 21/11/2015 Authorised Signatory

SBICAP Trustee Company Ltd.

PUBLIC NOTICE FOR SALE OF MOVABLE HYPOTHECATED ASSETS THROUGH E-

AUCTION SBICAP Trustee Company Limited (SBICTCL), the Hypothecatee under the Unattested Memorandum of Hypothecation dated 21/12/2010 between Kingfisher Airlines Limited (KAL) and SBICAP Trustee Company Limited, the Security Trustee in relation to the credit facilities sanctioned to M/s Kingfisher Airlines Limited by a Consortium of Lenders led by State Bank of India, hereby invites Bids from the general public for purchase of the below mentioned Movable Hypothecated Assets (“Movables”) through e-auction under the Unattested Memorandum of Hypothecation dated 21/12/2010 between KAL and SBICTCL on an ‘As is where is’ and ‘As is what is’ condition for realization of outstanding dues from KAL mentioned hereunder:

Tender Number: SBICTCL/ KAL/ 1

Name & Address of the Borrower

M/s Kingfisher Airlines Ltd. UB Tower, Level 12, UB City, 24, Vittal Mallya Road, Bengaluru- 560001

Name & Address of the Guarantors

1. United Breweries (Holdings) Limited UB Tower, Level 12, UB city, 24, Vittal Mallya Road, Bengaluru- 560001

2. Dr. Vijay Mallya UB Tower, Level 16, UB City, 24, Vittal Mallya Road, Bengaluru- 560001

Amount due A sum of Rs. 6963,21,75,945.64 (Rupees Six Thousand Nine Hundred and Sixty Three Crores and Twenty One Lakhs and Seventy Five Thousand and Nine Hundred and Forty Five and Sixty Four paise only) as on 31.01.2014 with further interest at the rate of 15.50% per annum (SBI Base Rate of 10.00% + Spread 3.5% + Default Interest Rate of 2%) with monthly rests from 01/02/2014.

ASSETS AUCTIONED: MOVABLES OF KAL (For description of Movables i.e. Hypothecated Assets of Kingfisher Airlines Limited located at Chhatrapati Shivaji International Airport, Mumbai, please visit web portal: https://sbi.auctiontiger.net or http://www.sbicaptrustee.com/Uploads/News/KAL_EAuction_Public_Notice_21112015.pdf) e-Auction Website https://sbi.auctiontiger.net

Date & Time

Date: 07/12/2015 Time: From 11.00 a.m. To 1.00 p.m. as per (I.S.T) with unlimited extension of 5 Minutes each Bid must be for all the Movables collectively. Selective Bids for any specific Movables will not be accepted.

Reserve Price Rs. 65,00,000/- (Rupees Sixty Five Lakhs only) The above stated Reserve Price is a lumpsum price for all the Movables being auctioned.

EMD Remittance A/c Name: SBICAP Trustee Company Limited Beneficiary A/c No. – 32896535198 Bank - State Bank of India Branch – Madame Cama Road Branch IFSC Code – SBIN0008586 Bid Multiplier Rs. in Lakh only (minimum Rs. 1 Lakh)

Submission of bid application with EMD

10% of the Reserve Price as stated above

Last date for submission of bid application with EMD

02/12/2015 upto 4.00 p.m. as per (I.S.T)

TERMS AND CONDITIONS 1. The Movables will be sold under e-Auction through the SBI CTCL’s approved service

provider M/s E-Procurement Technologies Ltd. (AuctionTiger), Ahmedabad under the supervision of SBICTCL.

2. The e-Auction Tender Document containing online e-Auction application form, descript ion of Movables, declaration, general terms and conditions of online auction sale are available on Web portal: https://sbi.auctiontiger.net or http://www.sbicaptrustee.com/Uploads/News/KAL_EAuction_Public_Notice_21112015.pdf .

3. The Movables are being sold on ‘As is where is’ and ‘As is what is’ condition. 4. Intending bidders are advised to go through the website https://sbi.auctiontiger.net for detailed

terms and conditions of the e-auction sale before submitting their bids and pay Rs. 2,000/- only to the service provider for participating in the e-auction. The intending bidders should register their name at https://sbi.auctiontiger.net.

5. The intending bidders may avail online training on e-auction from M/s E-Procurement Technologies Ltd. (AuctionTiger), Ahmedabad [Help Line Nos.: 079-40230 804/805/806/813/816/818/814; Contact Persons: Mr. Tilak Maratha, Mobile No. 09067799646 E-mail: [email protected], Mr. Rikin Brahmxatriya, Mobile No. 09978591888 E-mail: [email protected] and Mr. Vishal Tiwari, Mobile No. 09879996111 E-Mail: [email protected]

6. Intending bidder(s) shall hold a valid Digital Signature Certificate issued by competent authority. For details with regard to Digital Signature Certificate, please contact M/s E-Procurement Technologies Ltd. (AuctionTiger), Ahmedabad

7. In addition to the registration under Item No. 4 above, Bids in original and in the prescribed format given in the aforesaid website along with self attested copies of photo ID proofs, preferably PAN card, certified true copy(ies) of Board Resolution(s) (if any) and address proof documents (collectively “KYC documents”) shall be submitted in a sealed cover addressed to – Asst. Vice President & Head (Legal & Compliance), SBICAP Trustee Company Limited (SBICTCL), Apeejay House, 6th Floor, 3, Dinshaw Wachha Road, Churchgate, Mumbai – 400 020 in a sealed cover. Bids shall be deemed to be made only upon the said Bid being submitted in original as aforesaid.

17

MEMORANDUM FOR THE E -AUCTION OF HYPOTHECATED...

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