3462 Mobi Tech DRT Sale Notice WTH Terms and Conditions 20220629

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Government of India secre Ministy of Finance geet Debis Recovery TibuNal, errata er Floor, Bhikhubhai Chambers, -perrarar, Srapnéteat Near Kochrab Ashram, Pad, Ahmedabad Gujarat FORM NO. 22 (Earlier 62) [Regulation 36 & 37 of ORT Regulations, 2015) [See Rule 52 (1) (2) of the Second Schedule to the Income Tax Act, 1961] READ WITH THE RECOVERY OF DEBTS DUE TO BANK AND FINANCIAL INSTITUTIONS ACT, 1993 THROUGH REGD.AD/DASTI/AFED RP/RC NO. 31/2018 | OA No. 1219/2017 ION/BEAT OF DRUM/PUBLICATION Bank | State Bank of India sakes vs. (Certificate Debtors Milind Ramjibhai Patel & Ors To, C.D.No. 1: Milind Ramjibhai Patel, Proprietor of M/s Mobitech 137, Poddar Arcade, Opp. Khand Bazar Varachha Road, Surat ~ 395 006 Also at : 302, 3° Floor, Indra Tower RajhansSwapna Estate, Sarthana Surat €.D.Ne. 2: Arvindbhai Nogibhai Vaghasiya, 4-23, Ramkrupa Society, Saroli road Punagam, Surat The aforesaid CDs No. 1 to 2 have failed to pay the outstanding dues of Rs.5,29,00,597.34 (Rupees Five Crore Twenty Nine Lakhs Five Hundred Ninety Seven and Thirty Four paise only ) a5 on 20/11/2017 including interest in terms of judgment and decree dated 08/05/2018 passed in O.A.No, 1219/2017 as per my order dated 29/06/2022 the under mentioned property (s) will be sold by public e-auction in the aforementioned matter. The auction sale will be held thraugh “online e-auction” https://det auctiontiger.net. Tot) Description of the property Reserve price | END 1086 or No. (Rounded off) (Rounded off) 1 Property bearing Flat No. C-2 | [As per sanction Plan 301} of buliding No. ‘B’ at Sarthi’ gs g7so.akns | a8. Residency, constructed on the land bearing R.S. No. 23 its Block No.20 admeasuring about Hector-ARE-0-78-01 Sq, Mtrs of village-Kumbharia, Taluka: Choryasi, District-Surat. aks Note* In respect of any claims to be received, if any, priority of payment will be decided in terms of Section 31-8 of the RDB Act, 193(as amended in the year 2016). EMD shall be deposited by through RTGS/NEFT in the account as per details as under: (Beneficiary <{isenelity Account No. [40253211845 SeSGeCode SBINOOOII41 | ‘E> a bid jncrease amount will be Rs. 10,000/-for Single io CaPrrospective bidders may aval online training from service provider M/s E-Procurement ath nolgles Ltd. (Tel Helpline No. 9265562821 - 079 61200594/ 598/ S68/ 587/538 and Mr \ ova Sarma (Mobile No.09978591888), Helpline E-mail D:support@auctiontiger ne: and for ary property related queries may contact Sh , Krishnamurthy, (Mob No,7600035814) 3) Prospective bidders are advised to visit website https://www.drt.auctiontigernet for detailed terms & conditions and procedure of sale before submitting their bids, 4) The prospective bidders are advised to adhere payment schedule of 25% (minus EMD) immediately after fall of hammer/close of auction and 75% within 15 days from the date of auction and if 15th day is Sunday or other Holiday, then on immediate next first bank working day. No request for extension will be entertained. 5) The properties are being put to sale on “as is where is”, “as is what is” and “as is whatever” basis and prospective buyers are advised to carry out due diligence properly. 6) Schedule of auction is as under:- SCHEDULE OF AUCTION 1 inspection of propery aajo7zeona Between 11,00am to 2.00 pm. | last date for receiving bids along with | 18/08/2022 Up to05.00pm | earnest money and uploading documents | including proof of payment made e-auction 22/08/2022 Between 12.00pm | |t0 01.00pm {with auto extension clause of 03 __| minutes, til E-Augtjon ends) Pook vajob yrs (PRAKASH MEENA) 1 The property shall be sold “AS 1S WHERE BASIS” and shall be subject to other terms anc conditions es published on the official website of the e-auction agency. 2, Ail the payments shall be made through RTGS/NEFT In the account detals of which are given inthe sale notice, 3, ‘The Bld Increase amount shall be as mentioned In the Public Sala Notice. 3 The highest bid reelved shal become the base price auction for that particular proper‘) Te bidders shal be allowed to Increase the bids beyond that amount end the amount by whlch each bids tobe as mentioned inthe sele notice, 5. Ahy parson, unless dlsqualfed, may submit bid which shall be accompanied bY the aay Per mroney not less than 10% of the reserve price or as prescribed n auction sala tatles as decided by the Recovery Officer and uploaded on the website. The amount 1p The case of the svecessful bidder shall be adjusted towards the consideration amount ore Sp caso of unsuccessful bidders, the same shall be retumed et the close of the Atetlon to all concerned through ATGS/NEFT In the seme eccounts from, whieh Pane tion Is made to deposit the EMD, The prospective bidders are also advised to sive complete detalls of their accounts. =aNG Fighest bidder shal Have to danosTt 25% of his fnal ld amount after adjustment of Tb aireedy pal, IMMEDIATELY sfter belng declared es highest bidder (Hd) As regards Geclertion #s Hi is concerned, the concerned e-auction agency is directed to send an &- ‘mail (if possibl 1) Inlmediately efter completion of bid process as per Tehedule to the Hi that he is the highest bidder advising him to depostt 25% of bid roney minus the amount pald as earnest money Immediately, For the purpose ofthis provision, the meaning of word ‘mmeclately’ means same day but if bank timing ie Eyer, Immediately means next bank working day by 4:00 P.M. through RTGS/NEFT In the account as mentioned In sale notice, shall_depostt the_balance 75% of _sale of ty, 1s Sunday-or Immediate first bank working day through RTGS/NEFT In the Sale notice, Further the purchaser shall elso be liable to make good of any shortfall or difference between his inel bid amount and the price for which tls subsequently sold. 8, The purchaser shall also depostt poundage foa @1% on total sale consideration money. {plus Rs, 10) through DD In favour of The Register, DRT, Ahmadabad, The DP prepered ‘towards poundages fees shall be submitted directly withthe office of Recovary Offlear~ 1, Dy Tell, Ahmedabad. The poundage fee Dreft should rately prepared In favour of “the Registrar, DRT, Ahmedabad’ and payment of poundage fee will not be accepted through RTGS/NEFT in any clreumstances. ~~~ 9, In case of default of payment within the prescribed period, the deposit efter deduction of the expenses of the sale, may, If the undersigned thinks ft, be forfelted to the ‘Government Account and the defaulting purchaser shall forfeit ll elalms to the property othe amount deposed, The property shall be resold forthwtth after the Ise of fresh proclamation of to. phe bidder shal eve hs fullname and complete adress and state clariy whether he is Submitting bld for himself or on behalf of another and in the latter case furnish proper Sttronty {in erga) In thet regard and the full nee and complete eddress of 46h pany his PAN/TAN Number and photocopy thereof. In cse of proper authors the reeon of Recovery Officer taken at the time of confirmation of sale shallbe final. ‘it.The properties shall ofdinary be sold In the same order In whlch they appear in the proclamation, Besar et stay of sale or Recovery Proceeting by eny superior court of Competent ar atccns the aueton mey elther be postponed/cancelled In compliance of such sider without any further netics and the persons partipating in the sale shah Pave To {ight fo calm damages, compansation or cst for such postponement

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