g Government of India Ministry of Finance Debts Recovery Tribunal 3° Floor, Bhikhubhai Chambers, Near Kochrab Ashram, Paldi, Ahmedabad, Gujarat aaa facaviarerr sea TRTTIL arcane, Prgargtes, PR TEARETS TA, NEAT, THATS FORM NO. 22 (Earlier 62) (Regulat [See Rule 52 (1) READ WITH THE RECOVERY OF DEBTS DUI IN E-AUCTION/SALE NOTICE THROUGH REGD.AD/DASTI/AFFIXATION/BEAT OF ORUM/PUBLICATION tion 36 & 37 of DRT Regulations, 2015) (2) of the Second Schedule to the Income Tax Act, 1961] IE TO BANK AND FINANCIAL INSTITUTIONS ACT, 1993 CE 469/2016 | OA Ni [RP/RC NO. lo. Certificate Holder Bank State Bank Of India a Vs. ‘ate Debtors C.D.No.1: M/s. Kalpesh Cotton Survey No. 3/1, Paikee and 12/1 P% [ M/s. Kalpesh Cotton & Ors. Industries Pvt. Ltd., Factory at: aikee Haddad, Paliyad Road, Botad, Dist. Botad. Office : Kabarupani Wadi, Paliyad Road, Botad - 364 710 €.D.No.2: Shri Vimal Pravincha: Gujarat Housing Board, 124 LIG Sc & Distt. Botad, C.D.No.3: Shri Kalpesh Pravinch: Gujarat Housing Board, 124 LIG Sci & Distt. Botad. €.D.No.4: Shri Mehul Pravincha Gujarat Housing Board, 124 LIG Sci & Distt. Botad. C.D.No.5: Shri Vipul Pravinchan C.D.No. residing at - Tenement No. L/36, ‘Scheme Paliyad Road, RS No. 675, ndra Parekh, Tenement No. L/36, heme Paliyad Road, RS No. 675, Tal andra Parekh, Tenement No. L/36, heme Paliyad Road, RS No. 675, Tal ndra Parekh, Tenement No. L/36, heme Paliyad Road, RS No. 675, Tal dra Parekh, Smt. Rekhaben Vimalkumar Parekh, C.D.No. 5 & 6 Gujarat Housing Board, 124 LIG Tal & Distt. Botad. C.D.No.7: M/s. M P Industries P Ltd., Tenement No. L/36, Gujarat Housing Board, 124 LIG Scheme Pal Botad, liyad Road, RS No. 675, Tal & Distt. The aforesaid CDs No. 1 to 7 have failed to pay the outstanding dues of Rs. 8,03,67,696.00 (Rupees Eight Crore Three Lakh Sixty Seven Thousand Six Hundred Ninety Six paise only ) as on 13/07/2015 including interest in terms of judgment and decree dated 04/10/2016 passed in O.A.No. 461/2015 as per my order dated 19/01/2022 the under mentioned property (s) will be sold by public e-auction in the aforementior “online e-auction” https://drt.auctiontiger.net. [toto. Description of the property Land & Building \\ Survey No. 8/1, Paiki+12 Paiki, ir. Adarsh School, Botad road, ‘@t_ Village “Hadadad, Taluka otad, Dist Botad 7, Rev. Survey No. 8/1+12 Paiki, | nr. Adarsh School, Botad road, at Village Hadadad, Taluka | Botad, Dist Botad ned matter. The auction sale will be held through “Reserve price | EMD 10% o1 | | (Rounded off) (Rounded off) fs. 08.50Ccrore | 85.0385 crores | #2001008‘Survey No. 8/1, Paiki+12 Paiki, | Nr. Adarsh School, Botad road, | at Village Hadadad, Taluka | Botad, Dist Botad +(Plus) Plant & Machinery | Rev. Survey No, 8/1412 Paiki, nr. Adarsh School, Botad road, | at Village Hadadad, Botad, Dist Botad Taluka Rs. B92Crore 5.0.90 rove Plot No. 38, Anand Dham Township, Survey —_No. 49/paiki 3, Mouje Hadadad, Taluka Botad, District Rs. 1250 205 | Plot No. 2, Anand Dham Township, — Survey No. 49/paiki 3, Mouje Hadadad, | Taluka Botad, District Plot No. 120, Anand Dham| Township, Survey No. | 49/paiki 3, Mouje Hadadad, | Taluka Botad, District Plot No. 31 & 32, Anand Dham Township, Survey No. | 49/paiki 3, Mouje Hadadad, | Taluka Botad, District | Fs 12.50Lacs Rs 5 0Lacs Fs 5501s Rs.t.20 Lacs et au Fs. 2.25 Lacs 5.0.55 Lacs Rs.055 Lace Botad CST No. 5447, Kaba Rupani Wadi Area, Paliad Road, At 7 Post Botad, | Taluka & Distt Botad, Gujarat _ Rs, 30.00 aes Fs. 3.00 Lacs | Tenement No. 1/36, Gujarat Housing Board 124, LIG| Scheme, R. S. No. 675, | Paliyad Road, at 7 Post | Botad, Taluka & District- Rs. 65.00 Lacs | Rss0ucs Botad, Gujarat. A Note* In respect of any claims to be received, if any, priority of payment will be decided in terms of Section 31-B of the RDB Act, 1993(as amended in the year 2016), It is made clear that in case of bids for both lots j.e., Lot No. 1 and Lot No. 3 are received, the property will be sold to the bidder bidding for composite lot of land and Building plus plant & machinery i.e., Lot No. 3. EMD shall be deposited by through RTGS/NEFT in the account as per details as under: a State Bank of India, SARC, Ahmedabad [Beneficiary Bank Name [Beneficiary Bank Address PBB, Mithakhali, Ahmedabad _| [Beneficiary Account No. 31216135467 ead [IFSC Code ['sBIN0003792 = | 1) The bid increase amount will be Rs. 50,000/-for lot no. 1 & 3 & Rs. 10,000/- for the rest lot i.e. 02, & 4 to 9 each. 2) Prospective bidders may avail online training from service provider M/s E-Procurement Technologies Ltd. (Tel Helpline No. 9265562821 - 079 61200594/ 598/ 568/ 587/538 and Mr. © Chintan Bhatt (Mobile No.09978591888), Helpline E-mail 1D: support@auctiontiger.net and “for any property related queries may contact Mr Guarang B-Anand, (Mob No. Ite aes Cvs MZ. Prams ©) Prospective bidders are advised to visit website https://mww.det.auctiontiger.net for fetuiléd terms & conditions and procedure of sale before submitting thelr bids: Og) 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 fa Inspection of property 18/02/2022 Between 11.00am to 2.00 pm. 2 | Last date for receiving bids alongwith earnest | 02/03/2022 Upto 05.00pm money and uploading documents including proof of payment made : od 3 | e-auction (03/03/2022 Between 12.00pm to 01.30pm (with auto extension clause of 03 __| minutes, till E-Auction ends) _| RECO! OFFICER -I DEBTS RECOVERY TRIBUNAL -II AHMEDABAD{f+ ( 4. The property shall be sold “AS IS WHERE BASIS” and shall be subject to other terms and conditions as published on the official website of the e-auction agency. 2. All the payments shall be made through RTGS/NEFT In the account details of which are given Inthe sale notice. 3, The Bid increase amount shall be as mentioned In the Public Sale Notice. 4, The highest bid received shall become the base price auction for that particular property ‘and bidders shall be allowed to Increase the bids beyond that amount and the amount by which each bid is to be as mentioned In the sale notice. 5. Any person, unless disqualified, may submit bid which shall be accompanied by the earnest money not less than 10% of the reserve price or as prescribed in auction sale notice as decided by the Recovery Officer and uploaded on the website. The amount in the case of the successful bidder shall be adjusted towards the consideration amount and In case of unsuccessful bidders, the same shall be returned at the close of the ‘Auction to all concerned through RTGS/NEFT In the same accounts from which transaction Is made to deposit the EMD. The prospective bidders are also advised to complete details of their accounts. 6, ‘The highest bidder shall have to deposit 25% of his final bid amount after adjustment of EMD already pald, IMMEDIATELY after being declared as highest bidder (H2). As regards declaration as H1 is concerned, the concerned e-auction agency Is directed to send an e- mall (if possible auto-generated) Inimediately after completion of bid process as per schedule to the Hi that he is the highest bidder advising him to deposit 25% of bid money minus the amount pald as earnest money Immediately. For the purpose of this provision, the meaning of word ‘immediately’ means same day but if bank timing Is ‘over, immediately means next bank working day by 4:00 P.M. through RTGS/NEFT In the account as mentioned In sale notice. 7. The successful bidder/auction purchaser shall deposit the balance 75% of sale amount t8gether with poundage fees on or before 1 date of the sale of the property. If the 15" day is Sunday or other Holiday, then on immediate first bank working day through RTGS/NEFT in the account as mentioned In sale notice. Further the purchaser shall also be liable to make good of any shortfall or difference between his final bid amount and the price for which It is subsequently sold. & The purchaser shall also deposit poundage fee @1% on total sale consideration money (plus Rs. 10) through DD in favour of The Register, DAT-I|, Ahmedabad. The DD prepared towards poundage's fees shall be submitted directly with the office of Recovery Officer Il, DRT-ll, Ahmedabad. The poundage fee Draft should be separately prepared in favour of ‘The Registrar, DRT-Il, Ahmedabad’ and payment of poundage fee will not be accepted through RTGS/NEFT In any circumstances. 9, In case of default of payment within the prescribed perlod, the deposit, after deduction cof the expenses of the sale, may, If the undersigned thinks fit, be forfelted to the Government Account and the defaulting purchaser shall forfeit all claims to the property cor the amount daposited. The property shall be resold forthwith, after the Issue of fresh proclamation of sale. 40. The bidder shall give his full name and complete address and state clearly whether he is submitting bld for himself or on behalf of another and in the latter case furnish proper authority (I original) in that regard and the full name and complete address of such party his PAN/TAN Number and photocopy thereof. In case of proper authority, the Fecigion of Recovery Officer taken at the time of confirmation of sale shall be final. 11, The properties shall ordinary be sold in the same order In which they appear in the proclamation. 42.In case of stay of sale or Recovery Proceeding by any superior court of Competent lurlsdietion, the auction may elther be postponed/cancelled in compliance of such order, without any further notice and the persons participating In the sale shall have no right to clalm damages, compensation or cost for such postponement/cancellation et 418, The property Is sold on “as ls where Is/on what Is” basis, Prospective bidders are advised to peruse/verify copies of title deeds/documents, if any avaliable with concerned branch sé ‘of CH Bank and may make, thelr own inquirles regarding encumbrances, search resultsand other revenue records relating to the property and shal satisfy themselves regarding the nature ‘and description of property, condition, lien, charges, statutory dues, ete, before submitting the bid. 14. In any circumstances, ‘the property will not be sold below reserve price as specified in the Sale Proclamation/Sale Notice. 45, Anyone of the following documents alone will be accepted a5 9 proof, viz, (a) Voters ID Card/Aadhar Card (b) PAN CARD; or (c) Ration Card carrying Photo and the name of the bidder(s); or (d) Valid Driving Licence with photo, (e) Passport or (f) any other Government ID carrying the photograph of the bidder(s). The. bids be submitted online evra schedule. and hard coples of the documents alongwith proof of EMD be 2s Pitted tothe Recovery Officer, DRT, Ahmedabad so as foreach on oF before the last date of submission of bids. ae.incomplete/bids without proper EMD, bids not in conformity with the terms and conditions of sale and bids submitted after the stipulated date and time will be summarily rejected. 117, No bidder shall be permitted to withdraw the bid from the auction proceedings after submission of the bid form, till completion of auction. 48, mn the event of postponement/cancellation of auction/sale after submission of the bids, roi EMD submitted by the bidders will be returned In thelr respective accounts for which no Interest or charges will be paid. 19. The Particulars of property given in the sale proclamation have been stated to the best of the Information of the Recovery Officer thereafter the Recovery Officer shall not be answerable for any error or omission’ 20.1f for any reason the sale Is not confirmed or is sat aside, or stayed, the consideration money paid will be refunded ~— to the auction _ purchaser. ‘The surchaser shall be deemed to have purchased the property with fll knowledge and subject to all the reservations/encumbrance, If any. 21, The sale, In normal circumstances, will be confirmed after expiry of 30 days from the date of auction sale, provided full bid amount and poundage fee Is deposited as stipulated and there are flo objections from any side 22. No request for inclusion/substtution In the sale certificate of names of any person(s) ‘other than those mentioned in the bid from shall be entertained. 23. All expenses Incidental thereto shall be borne by the auction purchaser, 24, The Recovery Officer has the absolute right to_accept_or_relect_a bid or to postpone/cancal the notified auction-sale without asslzning any reasons. 25, The CDs are also glven liberty to participate in the sale so as to fetch maximum value of the property. 26. all terms & conditions mentioned hereinabove shall be-bincing #6 the bidder/auction process, | REC CER BTS RECOVERY TRIBUNAL-IT AHMEDABAD