CORPORATION B A N K

A Premier Public Sector Bank

Tuticorin branch,
51, Ground Floor Beach Road,
Tuticorin -628001.

Date: 22.4.2019
By Reg post and courier

TO

1 a)M/s Bharat Petro Fuel Services

2/242-18 Ettayapuram Road
Tuticorin-628002

1.b)Mr.K Samuel
Propietor :M/s Bharat Petro Fuel Services
s/o Koil pillai Nadar
No 106,J/47 Millerpuram,
Second street,Tuticorin-628008
The Gurantors
2.a)Mrs Jebaselvi
No 106,J/47 Millerpuram
Second street,Tuticorin-628008

2.b)Mr Prabhu immanuel

No 106,J/47 Millerpuram
Second street,Tuticorin-628008

2 .c)Mrs Kuppulakshmi
W/o Avinasaiappan
Door no 5/278 ,Maraimman koil st
Chevur,Avinashi Taluk
Tirupur Dist

2.d)Mr .Avinasiyappan
S/O KaruppaGounder
Door no 5/278 ,Maraimman koil st
Chevur,Avinashi Taluk
Tirupur Dist
Notice of 30 days for sale of immovable secured assets under Rule 8(5) of the
Security Interest (Enforcement) Rules, 2002.

1. Corporation Bank, Tuticorin branch, 51, Ground Floor, Beach Road Tuticorin-628001. the
secured creditor, caused a demand notice dated 7.8.2017under Section 13(2) of the
Securitisation and Reconstruction of Financial Assets and Enforcement of Security
Interest Act,2002, calling upon you to pay the dues within the time stipulated therein.
Since you failed to comply with the said notice within the period stipulated, the
Authorised Officer, have taken possession of the immovable secured assets under
Section 13(4) of the Act read with Rule 8 of Security Interest (Enforcement) Rules,
2002. Possession notice dated 03.02.2018issued by the Authorised Officer, as per
appendix IV to the Security Interest (Enforcement)) Rules, 2002 was delivered to you
and the same was also affixed to the properties mortgaged with the Secured Creditor,
apart from publication of the same in newspapers.Please note that you were informed
about your right to redeem the property within the time available under Section 13(8)
of Securitization and Reconstruction of Financial Assets and Enforcement of Security
Interest Act, 2002, which you have failed to honour

2. As you have failed to clear the dues of the secured creditor, the immovable
secured assets that have been taken possession of by the Authorised officer, will be
sold by inviting tenders cum public auction from the public on 29.5.2019 at
12.00 Noon to 01.30 pm through online on www.matexauctions.com

3. You are also requested to ensure participation by parties interested in buying the
movable/immovable secured assets in the sale as proposed above.

4. A copy of the terms of sale is enclosed for your reference. Please note the tenders
received will be opened by the undersigned at the place and time mentioned in the
enclosed terms of sale.

Yours faithfully

Place : TUTICORIN

Date : 22.4.2019 AUTHORISED OFFICER

CORPORATION BANK
Encl: Terms of sale

TERMS AND CONDITIONS OF SALE OF IMMOVABLE/MOVABLE SECURED

ASSETS:

1. Name and address of the Borrowers

Borrower and Guarantor
1a)M/s Bharat Petro Fuel
Services
2/242-18 Ettayapuram Road
Tuticorin-628002

1.b)Mr.K Samuel Propietor

M/s Bharat Petro Fuel Services
s/o Koil pillai Nadar
No 106,J/47 Millerpuram
Second street,Tuticorin-628008

Gurantor
2.a)Mrs Jebaselvi
No 106,J/47 Millerpuram
Second street,Tuticorin-628008

2.b)Mr Prabhu immanuel

No 106,J/47 Millerpuram,
Second street,Tuticorin-628008

2 .c)Mrs Kuppulakshmi
W/o Avinasaiappan
Door no 5/278 ,Maraimman
koil st,Chevur,Avinashi Taluk
Tirupur Dist

2.d)Mr .Avinasiyappan
S/O KaruppaGounder
Door no 5/278 ,Maraimman
koil st,Chevur,Avinashi Taluk
Tirupur Dist

Description of the Immovable Property

PROPERTY No. I– Standing in the name of Jebaselvi.S

Sub Registration Office Thoothukudi Keelur Registraion office. All that piece and Parcel of
Land in Mappillaiurani Village Thoothukudi Taluk, Thoothukudi District admeasuring 71,
Cents (30928 Sq. ft approzimately) appertaining to Door No 2/42-18 Survey No. 8/4 in patta
No. 249 and Sub Registration District of Thoothukudi butted and bounded.
Boundaries :
West by : Vertrivel Nadar’s Land
East by : Ettayapuram Road.
South by : Vetrivel Nadar’s Land
North by : Vijayarajan’s Lands

NOTE: The above mentioned land is under Lease with BPCL for 29 years from
01.1.2007 to 31.12.2035.The prospective bidder shall be willing to continue with
existing and lawful tenancy rights with BPCL

PROPERTY No. II– Standing in the name of Jebaselvi . S

Thoothukudi Regisration District, Thoothukudi Keelur Sub-Registration Office, Thoothukudi

Taluk, Mappillaiurani Village, Village in which admeasuring 35.12 Cents in the Survey No.
8/5A in which Eastern Part land measuring 15299 Square feet equal to 1421.3 Square Meter.

Boundaries
West by : Land belonging to Koilraj
East By : Land belonging to Mrs. Jebaselvi
South by : Land belonging to Dhanasekaran
North by : Land belonging to Sundharapandi and Ponpandi

PROPERTY No III
Property Situated at Satyamangalam in the Name of Aviniasiappan and Kuppulakshmi
S.No. 211,212 [New S.Nos. 346/1,2], Satyamangalam Village, Pandiayan Nagar, Vadakkupettai,
Satyamangalam 638402
As per Settlement Deed dt. 30.11.2012, Doct. No. 5974/2012 Gopichettipalayam Registration
District, Sathyamangalam Sub Registration District, Sathyamangalam Taluk,
Sathyamangalam Village:
S.F. No. 211 P. Ac. 3.73, S.F. No. 212 P. Ac. 4.47, Total P. Ac. 8.20 New. S.F. No. 346/1 P. Hect.
1.52.00 (Patta No. 360) New. S.F. No. 346/2 P. Hect. 1.81.00 (Patta No. 360)
After formation of lay-out sites named as “Pandian Nagar” and sold and remaining portion
situated.

1st Plot
To the South of S.F. No. 288
To the North of Government
Purambok Land
To the West of S.F. No. 347
To the East of 30 ft. breadth
North –South
Road.
In this East-West Northern Side 60
ft
East – West Southern Side 66
ft
North -South Western Side 731
ft
North – South Eastern Side 731
ft
Total - 46,513 Sq. Ft.
2nd Plot.
To the South of S.F. No. 288
To the North of East – West Road
To the West of S.F. No. 347
To the East of Land of Vendor
Kuppulakshmi
In this East-West Northern Side 407 ft
East – West Southern Side 407 ft
North -South Western Side 44 ft
North – South Eastern Side 44 ft
Total - 18,315 Sq. Ft.
3rd Plot
To the South of S.F. No. 288
To the North of 23 Feet East - West
Road.
To the West of 23 Feet North –
South Road.
To the East of Government
Puramboke Land.
In this East-West Northern Side 140 ft
East – West Southern Side 140 ft
North -South Western Side 187 ft
North – South Eastern Side 187 ft
Total - 26,180 Sq. Ft.
4th Plot
Triangular Shape 2,200 Sq.ft.
5th Plot
S.F. No. 346/1 P. Hect. 1.52.0 out of which 4,388 Sq.ft., situated:
To the East of North – South Pathway
To the West of House of Mariappan
To the North of Puramboke Land
To the South of Land of Kuppulakshmi (already sold)
 In this 4,388 Sq.ft
Total 5 (five) Plots 97,596 Sq.ft., with mamool pathway and with all rights and
appurtenances attached thereto.
Note : In this total extent of 97,596 Sq.ft., the applicant Avinasiappan has executed a Regd,
Settlement Deed infavour of his wife Kuppulakshmi for the extent of 40,194 Sq.ft and also sold two
house sites through his power agent M. Eswaran for the extent of 2640 Sq.ft and 1320 Sq.ft Total
3960 Sq.ft and hence the applicant’s remaning portion is 52,982 Sq.ft. Only and Mrs.Kuppulakshmi
land to the extent of 93636 sq ft
PROPERTY No. IV
Kothagiri SRO, Nilgiris, Naduhatty Village
New SF No. 162 & 163/1A Patta No. 1621, in this 70 cent Patta no 3807 in New SF No 163/1a-10 cent
totally 80 cent together with usual pathway and cancel inclusive of
Boundaries of 70 cents
On the North S F NO 162
On the south S F NO 162
On the East S F NOI 163/1A,163/1C
On the West S F NO 161

Boundaries of 10 cents
On the North S F NO 164
On the South S F NO 163/1 A,163/1B,163/1C
On the East S F Nos 164,165,163/1a,163/1b
On the West S F NO 162

PROPERTY No. V
Kotagiri Village Kotagiri SRO Nilgiris District.
New SF No.335/1, Patta No. 901,new S F NO 335/1 in this 33 cent together with usual pathway and
cancel inclusive of

Boundaries
On the south: Shre of N M Pellan and Nanjan
On the south: S F NO 335/02
On the East:Share of Keystone
On the West:Government Road
4. The details of encumbrances, if any
known to the Secured Creditor
5. Last date for submission of EMD & e-
Bid Form:
6. Date & Time of auction
For all the three PROPERTYs
7.The secured debt for the recovery of
which the immovable secured asset is to
be sold:
Nil
On or before 28/5/2019 before 5.00
PM
29/5/2019 12.00 Noon to 01.30 PM
(with 10 min unlimited auto extensions)
E-auction website -
www.matexauction.com
Increment value Rs. 10,000/-
RS.59606625
(Rupees five crore ninety six lakhs and six
thousand six hundred and twenty five only(as
on 31.3.2018)+ int and expenses thereon
 (Rupees
8.Reserve price for the properties below PROPERTY 1: RS 1,52,50000
which the immovable property may not PROPERTY 2: RS.70,00,000
be sold: PROPERTY 3: RS.12636000
PROPERTY 4 :RS.6642000
PROPERTY 5:RS. 5148000

9. The intending bidder shall deposit with the Authorised Officer an amount
equivalent to 10% of respective reserve price by way of Earnest Money Deposit
in the account of Authorised Officer, Corporation Bank, TUTICORIN Branch, by
Demand Draft or NEFT/RTGS to account No. 51010199999536 and IFSC Code-
CORP0000716 , at the same time bidder has to submit the e-bid form available on
www.matexauctions.com / before the date and time mentioned above and shall
obtain written receipt thereof from the branch/Authorised Officer. The intending
tenderer / bidder shall mention the property Number for which the the EMD has
been tendered.
9( a). Full name and address of the tenderer / bidder with their identity proof and
PAN card has to be furnished to the Authorised Officer while filling up the e-bid
form on www.matexauctions.com

10. A Bidder should have valid digital signature certificate (Class- ii/iii) to
participate in the e-auction.
11. Bank, the Secured Creditor, reserves the right to accept / reject the highest bid
of auction / without assigning any reason thereof or to cancel the sale by calling
bids from public.
12. In the case of auction, further bid shall not be less than Rs. 10,000 in excess of
highest bid amount or the immediate preceding bid, as the case may be. with
multiple increment value of Rs. 10,000/-
13 13.The sale will be confirmed in favour of the highest tenderer / bidder and the
confirmation of sale shall be subject to the confirmation by the Secured Creditor.

13.1 Bids once made shall not be cancelled or withdrawn.

14. The successful tenderer / bidder so declared by the Authorised Officer shall then
and there tender 25% of the amount of sale price in Cash/DD, less the sum
tendered/ bid by way of EMD, with the Authorised Officer conducting the sale and
the balance amount of purchase price shall be paid to the authorized Officer before
15th day of confirmation of sale by the Secured Creditor or such extended period as
may be mutually agreed upon between the parties
14.1 In case of failure to participate in the auction by logging into the online bidding
portal or in the event of failure of the successful bidder to tender 25% (15%+EMD),
of the sale price as per the terms of Sale, the EMD deposited by him shall be forfeited
to secured creditor and the bid accepted shall stand cancelled automatically
15. In default of payment of balance amount of purchase price before 15 days from
the date of confirmation of sale by the Secured Creditor or such extended period as
may be mutually agreed upon between the parties, the deposit of 25% of the
amount of sale price made shall be forfeited and the property shall forthwith be
sold again and the defaulting purchaser shall forfeit all claim to the property or to
any part of the sum for which it may be subsequently sold.
16. On confirmation of sale by the secured creditor and if the terms of payment have
been complied with by the successful tenderer / bidder, the Authorised Officer shall
issue a certificate of sale of movable/immovable property in favour of the purchaser
in Appendix-V to the Security Interest (Enforcement) Rules, 2002.
17. The Authorised Officer may, where the property sold is subject to any
encumbrances, if he thinks fit, allow the purchaser to deposit with him the money
required to discharge the encumbrances and any interest due thereon together with
such additional amount that may be sufficient to meet the contingencies or further
costs, expenses and interest as may be determined by him.
18. On such deposit of money for discharge of encumbrances, the Authorised officer
may issue or cause the purchaser to issue the notices to the persons interested in
or entitled to the money deposited with him and take steps to make the payment
accordingly
19. Legal charges for conveyance, stamp duty and registration charges as applicable
will be borne by the successful purchaser
20. The Authorised Officer will deliver the property to the purchaser (free from
encumbrances, known to the Secured Creditor) on deposit of money by the
purchaser towards the discharge of such encumbrances.
21. The certificate of sale will be issued specifically mentioning whether the
purchaser has purchased the immovable/movable secured assets free from any
encumbrances known to the secured creditor or not.
22. Bidding shall be given in respect of property severally. For Each property there
will a separate E- Auction on the same date and time with distinct Auction ID
Number.
23. The unsuccessful tenderers who have deposited EMD shall be entitled to have
the same refunded without any interest immediately after the confirmation of sale
by the Authorised Officer.
24. If the Borrower were to pay to the Authorised Officer the entire amount due, with
the up-to-date expenses including the expenses in taking possession and conducting
the sale, to the secured creditor before e-Auction, the sale by tender cum public
auction may be cancelled by the Authorised Officer.
25. The above movable/immovable secured assets will be sold in “As is where is”
and “What is there is” condition.

26. The intending tenderers may, if they choose, after taking prior appointment from
the Authorised Officer, inspect the immovable/movable secured assets to be sold
before the date fixed for submission of tender.

27. The entire sale consideration shall be exclusively available for appropriation
towards dues to the Bank and it is exclusive of encumbrances of all statutory dues
and other dues if any, all of which have to be paid / settled by the proposed
purchaser out of his own sources.
28.To the best of Information and Knowledge of the Authorised Officer, there is no
encumbrance on the property. However the intending bidders should make their
own independent enquiry regarding the encumbrances, title of the property put on
auction and the claims / rights/ dues affecting the property, prior to submitting
their bid. The E Auction advertisement does not constitute and will not be deemed
to constitute any commitment or any representation of the Bank to sell the property
and the Authorised Officer has right to cancel the auction without assigning any
reason. The Authorised Officer/ Secured Creditor shall not be responsible in any
way for any third party claims/rights/dues.

Yours faithfully

Place : TUTICORIN

Date : 22.4.2019 AUTHORISED OFFICER

CORPORATION BANK