Indian Overseas Bank e-mail ID- iob3152@iob.in Dumardaga Branch re Ground Floor, Rajasthali Enclave P. S. Sadar P.O. Neori Village Dumardaga -835217 Phone No. 8443912889 Sri Rajan Kumar Gupta Address: S/o Shri Vijay Prasad Gupta, Shiv Durga Mandir Lane, Near Ram Vilash Petrol Pump, Bangali Mohalla, Ratu Road, Ranchi, Jharkhand - 834001 Sir, Sub: A/c 315203701000002 Branch: Dumardaga f movable secured assets H id to the Bank Please refer to seizure of your vehitle taken by Recovery Agent dated 04.11.2020 and calling upon you to pay Bank's dues together with future interest mentioned therein within 15 days from the date of the Seizure . since you have failed to comply with notice we are taking further recovery action. 1. In furtherance to the action initiated as above we propose to sell the aforesaid movables assets through public e-cuction on 08.07.2021. We hereby give 15 days’ Notice informing you that the securities taken possession will be sold by the undersigned between 11.00 a.m to 02.00 p.m. with auto extension of 5 minutes through e-auction using hips://www.bankauctions.in (Web portal). 2. A copy of the E-auction notice inviting offers for e-auction setting out,the terms & Conditions of sale such as particulars of the secured asset, the dues of the Bank, reserve pricexearnest money deposit, date and time fixed for inspection, last date for submission of offers and date, time of-sale etc. is enclosed for your ready information. Please also be advised that the said sale notice will also be published in Hindustan (Hindi daily) and Hindustan Times (English daily] shortly. a. [Borrower Particulars of Vehicle Reserve Price! [EMD 1 Rajan Kumar [Make/Model - TATA MOTOR TRUCK Reg. No.lRs.15,97,425/- (Gupta |CGO4LR4355 Eng. No.SO3082461MB4356341 Rs. 1,59,742/- (Chassis No. MAT466429HHA00943 Date & Time of auction: 08.07.2021 between 11.00 a.m. to 2.00 p.m. (time) with’ Gio extension of 5 minutes each till sale is completed - Terms and Conditions: 1. The Vehicles will be sold by e-auction through the Bonk’ 's ‘approvedservice provider M/s 4Closure under the supervision of the Authorized Officer of the Bank.2. E-auction bid document containing online e-auction bid form, declaration, general terms and conditions of online auction sale are avcilable in website hitps://www.bankauctions.in 3. EMD ‘as mentioned against each vehicle has to be deposited by interested bidder by Demand Draft favoring the Authorized Officer, Indian Overseas Bank. 4, The successful bidder shall deposit 25% of the bid amount (inclusive of EMD) on the same day and not later than the next working day and the balance money within 15 days of confirmation of sale by Bank. Fatlure to remit the initial deposit of 25% the balance purchase price within the stipulated period will result in forfeiture of initial deposit by way of EMD/entire amount and forfeiture of all claims over the vehicle and vehicle shall be resold. 5. The Authorized Officer has the absolute right to accept or reject the bid or postpone/cancel the auction without assigning any reason therefore. 6. The successful bidder should bear the charges payable for Conveyance and Registration, Insurance, Permit, Parking charges, GST charges etc. as applicable under law. 7. The intending bidders can inspect the vehicles from 10 AM to 5 PM on all working days fill 07.07.2021. For further details and terms and conditions, interested parties may contact Authorized Officer luring business hours or the Bank’s approved service provider M/s 4Closure, Concer Person : Mr. Aditya 08142000030, landllipe no: 040-23836405 email: sabyasachi@bankavetionsin & info@bankauctions. hot For Detailed terms and conditions please visit: \y https://www.bankauctions.in (web portal of e-cuction of service provider) [ur - a yy’ : o Date: 17.06.2021 2g, + Authorised Officer ~CAQBIAN OVERSEAS BANK Crersags 8”