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TENDER CUM AUCTION SALI] NOTICE

WHEREAStheAuthorisedOfficeroItheBank(hereinafterreferredasAo)hadissuedo"*"iir.fo,i." au,"a B/!/201'7 to (1\Mls Churakkulam Tea Estate Pvt Ltd' vardiperiyar'

io*li,i*rsr: and guarantors 1) Mr.Joseph Joseph, Maraging Director l\,l./s Churakkulam

i*'irt"" trir-,0,, z-; Mr.najesh loseph' Director N4/s Churakkulam Tea Estare P\t Ltd' 3)

^i. i"r." Joseph,

'Director Ir'I/s Churaktulam Tea Estate Plt Ltd' and 4) Mr'Mikesh

,"*On,'rt""t". Ws Cttorafttltum Tea Estate Pvt Ltd all residing at Manarkattu House'

fo,titoyu. noua, pula 686575 under section 13(2) of the Securitisation and Reconshuction

.i *r,i*, orr",, *d Enrorcement of secuity Intefest Act, 2002_(he!einafter referred to as

;"";;;t ; has taken (Physical) ooo"t'ioo oI the movable properties' more fully

descdbedintheschedulehereur-r.lerundelsectionl3(4)t)ftheActreadwithRuleSoftheSecurity Interest (Enforcement) Rutes' 2002 o

^ 28 I 06 / 2078 '

ANDWHEREAS,theborrower/guarantorhavefailedtopaytheamounthfull't"*" O hereby given that the movable/ immovable Properties more fully

a"".rlUua i. 0." S"f.'"dule hereunder will be sold by way of tender cum auction on

"as is where is" basis and "as is what is" condition' on the date and at the place

-u*r.""a herein below for realization of a sum of Rs'13'92'36'606/74--(ktpees

fftiri""r, Cror"", Ninety Two lacs' Thirty Six Thousand' Six Hundred and Six' Paise

;;; a*,t Only) as ont2/o2/2019 with turther interest and costs' subiect to the

following terms and conditions: -

SUCCESSFUL BIDDER IS TO ENSURE THAT AI'L THE MACHINERIES ARE

REMoVED AND rAKEN FlloM r;; innn'rrsns wHl|sll rHE SAME Is

I,.]i;#; wiinn irrruon bEllimis FR.M DArE oF BrD' Ar rHEIR

REGIONAL OFTICE, MUVATTUPUZHA

Tea Estates l'rivtte Limitcd

OWN EXPENSES.

NI/s ChurakkulamName of

Owner

PropertY

tdLP\tI EstateulamChs urakM/oiS thehinerieMaclloftior-tcD ProPerrysc!1P

The

M

Soulh IndEn Bank Lrd ,

Fl.or (avLl'unnel Chambers T E.lunctron

Phone: 0485' 2833061" 2833062

Emai| rc1019@sibco in

5lBL Regdri5su.680001,ThI a!a

1244242.4891242A0209111101929P1C00911651ctN

$" ilh

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Rs..1,68,50,

REGIONAL OFFICE, MUVATTUPUZHA

0001 (RuPees One Crores Sixty Eight lacs FiftY

Ihe South lndian Bank Ltd,

includingr

l. 200 KVA Graves Engine Model 6Gt 1A424 coupled

with Crompton Greaves make single bearing Altemator

2. Tubine Venilator 61)0 mm

3. Siemen ELE Motor-schno v/2534iHSN 850/2 2

KW3H P/1000 RPIVI/1 MB3/1LA 0106-6YA 80

4. Fementing Drum 20 ft'5 ft5. ChimneY 40 ft length

6. Leaf Shreader machine

7. Cyclone Duct8. Fan AssemblY

9. Trulsition unit10. Vibratorv Fluid Bed Dryer Models-300V

I l. HRS Gv;ovane(Ss Rotoryane)Size l5

t2. Accura 330*30" size quadruplex CTC M/c

| .1.

Batch Weieheriq. ii-i rdt"g" compressive with 250 L11'g lsqgiver

with all accessones

t s. gu;k"i "l.rutot.

*ith clute arrangements with complete

accessones

16. Tea bin with accesso es

I7. Tea blending bin with all accessories

18. Jumbo fibromate machine with driving arrangement

19. Bucket Elevator with chute arangements

20. Trinic Sorter Machine with driving aragments

21. Ball separator with rotary vibrators

22. Middle tone machinc with chule anangements

23. Jumbo to middleton conveyol

i4. withered teafeven feeding system with driving

arrangementszs. Closei dust colleclion channel with all accessories

26. Drier feeding conveYor

27. Drier feeding cross conveyor

28. Leafgrade dischargc & Conveyor

29. Drier feeding croios conveyor

30. RC feeding conveyor

J l. Scre\r Conveyor with gerailed motor

:i. gu.k"t ft.ruio, *ith motors Gear box \ ith driving

arrargements33. l5'DP Pulverized m'rchine

Reserve Price

llSIBofllLtd,Th680001,ThauI

10281912420020148+9129P1C00101165191K119qN:

E

bsile:

Q"*

Thousand. Onl

Reoional Offi'e. Ftrst tloot (avrkurnel Ch'mbers' T'B'ulrrron

MuvanuPUzha _686661

Phone: 0485_ 2833061, 2833062

Email: ro1019@slb'co'in

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Only )by waY of DD

REGIONAL OFFICE, MUVATTUPUZHA

Rs.16,85,000/- (llupees sixteen lacs Eighty Five thousand

lavouring "Autho sed Officer, The

South lndian Bank Ltd.'' l'ayable at Muvattupuzha / RTGS to

"the Account No. 034207

The South Indian Bank Lteilder letter in a sealed co

1 1.30 AM on 2U03l2019

3000000023 of Authorised Olltcer,

td." DD / RTGS receiPt along with

ver to the Authorised Officer before

1l lo3l2ol9 ^t

12 noonitr" Sootn hdiao Bank l.td., Regional oIlice, Fist Floor'

faritu*et Ctta.te.s, T.B.Junction Muvattupuzha -686661

TERMS AND CONDITIONS--1rr-,"p.op",ry*itlbesoldon,,asiswhereis,,basisand,,asiswhatis,,'

condition urrd the Bank is not responsible for title, condition or ar1y other fact

affecting the property The particulars fumished regarding the secured asset

is stateJ to the best of information of the Bark and the Bank will not be

answerable for any euor, misstatement or ornission'

2) The proposed Tenderers shall read and understand the terms and conditions'

-"rrion"d in the Tender sale Notice which is published by the Bank in its

Website/ Kumily Brarch at Ward No XII' NamPozhil Buildings' K K Road'

Kumily 685509, idukki District, Kerala' Ph:04869 2231-60 ard Muvattupuzha

Regional Office at First Floor, Kavikunnel Chambers' T'B lunction'

. Mrivattupuzha 686661, Ernakulam District' Kerala ' Ph : 0485 2833061 and

also visit the scheduled property and satisfy as to its quality' quantity etc The

Bank shall not entertain any clisPute regartling the Tender process or the

scheduled property after ParticiPating in the sale'

3) Interested Tenderers shall produce a copy of any valid photo identity/

address proof. ln case, the Tenderer is palticipathg on authodzation' he

should produce the ID proof of himself and tle Tenderer'

4) All amounts payable regarding the sate hctuding EMD shall be Paid by way

of RTGS /DD jrawn in favour oI "The Authorised Officer' The South lndian

Bank Ltd." payabte at MuvattuPuzha'

5) Interested Tenderers shalt submit Demand Draft / RTGS Receipt as the case

may be for the EMD at The South Indian Bank Ltd Regional Office-

The South Indian Bank Lld.,

0^

Eamest MoneY DePosit

(EMD)

Date and Place of Sale

Ltd., Regd Office: 5lB Houte,

derr Ihrissor680001, K€rala

Tel: +91-487-2420020 Far +9r4A1 -244202-l

E-mail: rib.oDorate@sib co in GINr 16519IK11929P1C001017

Website: www.southindianbank'com

The South Indian 8a.k

t

ReqionalOffi(e, Ftn Floo. kvikunnel Chambe6, TBJufttion

MLrvaxupuzha 686661

Phone:0485 2833061, 2833062

Email: ro1019@sib.co in

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REGIONAL OFFICE, MUVATTUPUZHA

Muvattupuzha, along with the Tender in a sealed cover before 1130 AM on

27 /03/2079.O1

" nigf,t of

"ntry to the Place of sale will be restricted to the Tenderers who

nur" "IrU^itt"d

th" Te"de' lefter and EMD in a sealed cover within the

,tiprfut"a time or within such time as may be decided by the Authorised

officer at his sole discretion

7) The Autlaorised Officei has 8ot riSht to cancel/ PostPone the Alction without

assigning any reason whatsoever' Fur0ter' the Authorised Officer shall have

the discretion ' to accePt, reiect or return any or all the Tenders already

submittedandtheBankwillnotentertainanyclaimorlePresentationinthatregard from the Tenderers'

S; de Seaea fenaels will be oPened by the Authorised Officet on21/03/2019

at 12.00 noon. Any tender received quoting a price below the Reserve Price

will be rejected oukight'

S1 eft", op".,it g tlt" t"-'.'d"t", the Tendererc who are Present may be given an

' opporrorlt,y

-at the discretion of the Authoised Officer to have inter se

biidirlg u^or,g th"-"elves to enhance their offer price'

f o; fn".--'-_ i,i."""rfoi Tenderer should pay 25 % of the bid amount (less EMD)

'imrnediat"ty on receiPt of bid accePtance letter in his favour.or not later than

' tlt" ."tt working day after the date of Teuder cum Auction Sale and the

balarce 75% amount within 15 days of the sale' failing which the entire

amount Paid by the Tendeler shall be forfeited by the Authorised Officer'

*r*o*-trrroti""u,dthesalewillbecancelledandthepropertywillbebrought to sale again. However' in desirable cases the time may be extended

at the sote discretion of the Secured Creditor'

11)The sale is subject to conJirmation by the Authorised Officer' who shall have

right to cancel the sale also notwithstanding tiat the successful Tenderer has

re"mitted the 7. of *ile amount' Further' the sale is also subiect to

confirmation by tie Secured Creditor'

fZl On tfre sa" U"ing confirmed and on receiPt of the entire sale proceeds by the

Authorised Officer, the successful Tenderer will be issued with a Sale

. Certificate as per the terms and conditions of the Bar* and the SARFAESI

Act. The Authorised Officer or Bank will not be held responsible for ally

charge, lien, encumbtance' ProPerty tax or any dues to the Govemment or

anybody in respect of the properties under sale'

Reoiona, Otfi e. F,'tl Floor. bv'<unnel Chamoe6 TS'iJnctio'-

r,l'Natruou2ha _586661

Phone 0485_ 2833061, 2833062

Email: ro1019@sib coin

Lrd,

wetsite: www.southindianbankcom

5lBOffce.lriThr 680001Quaners,BT

9 487I 244742200202l9L 48T1P1C001011KL1 9)919165CIN@siE

0,. \'l

Z;fluo,T#,^,uREGIONAL OFFICE, MUVATTUPUZHA

13)For any further information and for inspection of property, the intendedTenderers may contact the Authorised Officer or The South Indian Bank Ltd.,Kumity Branch during working hours.

ror IHE 50ljTil lN ilt-0r'r

0.

Date t-13/ 02/2019Place : Muvattupuzha

AUTHORISED OFFICER(CHIEF MANAGER)

TheSourh Indian Sank Ltd., Regd. Office SI8 House,T.B Road, Misslon Quane6,

'hri5suL6€0001, Kerala'Iel: +9t4ai 242OO2Olax: +914A7 -24A2o21

E-mail: sibroryorate@llb.(o.in CIN: 165191K11929P1C001017

Websiter www.southindianbank.com

Ihe South Indian Bank Lrd.,

Reqional Off ce rirst floor, &vikunnel Chambers. tS.JunctionMuvatt'rpuzha -686661

Phone:0485 283306L2833062Email: ro1019@sib co in