INDIAN BANK
EETHAMMAPETA,
AFTER TAKING OVER
9. | Hypothe NA
10. | Details o!
AO:
Date on which the possession of assets | Immovable property taken possession on 04/12/2019
taken over by the AO (if there are
different dates, mention the date for each
of the security)
| Nature of possession taken — Actual or | Symbolic
| symbolic fea :
Whether the property has been occupied
by owner/morigagor or by tenant(s) give
| details
| ftenant-occupied, whether notice to NA
j‘euants (in format Annexure 1) has been
| issued by the AO
| Whether adequate and the necessary No stocl ble to insure and collateral properties
| | nature of insurance cover for the property | are vacant lands where no insurance is insisted.
has been obtained by the AO and the
same is in force
Whether any security arrangements are | N.A.
required to be done and permission for |
the same has been obtained by the AO
from Circle Office — if so, give details
| | ‘|
| Confirm that all the guidelines stipulated. | We confirm that all the guidelines stipulated by HO on
| | by HO on initiating proceedings under —_| initiating proceedings under the Act have been
| the Act have been followed/eoniplied | followed/complied with by AO.
with by the Branch/AO in respect of this
__| account.
11. | Valuation report* on the assets after the | Property 1
date of taking possession obtained from
| the Bank’s approved Valuer(submit details | Market value 19.80 Lakhs
| op cich prORER) Realisable Value : Rs. 17.82 Lakhs
| Name of Valuer: A VS Narayana Raju_ | Distress value 15.84 Lakhs
1 | Sri Raja Rajeswari Associates.
| | Date of valuation done: 22.11.2921 for Eronerty2,
fe | all ihe propertic® Market value . 20.20 Lakhs
| Realisable Value : Rs. 18.18 Lakhs
Distress value: Rs 16.16 Lakhs
Property 3
| Market value Rs, 20,20 Lakhs |
| Realisable Value : Rs, 18.18 Lakhs
| Distress value: Rs 16.16 Lakhs
12. | Details of prior known encuinbrance |
| dike prior charge, prior Court attachment