PET eee CLL) Regional Office, Recovery Department, Bengaluru Central, Email id; recovery bircentral@bankofbaroda.com VEHICLE E-AUCTION OF SALE NOTICE f movable As der the S id Re ‘Security Interest Act, 2002. |read with provison to Rule 6 (2) & 8 (6) of the Security interest (Enforcement) Rules, 2002, Whereas, the Authorized Officer of Bank of Baroda had taken possession of the following vehicles pursuant t the notice issued in the following loan accounts with right to sell the same on “AS IS WHERE IS"and “AS IS WHATEVERIS” basis for realization of Bank's dues plus interest as detailed hereunder and whereas consequent upon failure to repay the dues, The sale notice for ‘Auction of Vehicle Sale Notice on 09.01.2024 for the following vehicles hereby published, ame ofthe branch & account Balance Outstanding) Mtn Name of the owner of the Details Of Property/Vehicle (ins. Excluding | EMD Minimum Propertyivehicle interest and charges) ‘Amount Rejajnagar Main Branch | Type af Vehide TATANEXON EV XZ+ LUX Prisine While) | Rs 16,14,1031-And] Rs 13,60,000- '89420600002212 REG NO KA04 NC O109 Interest and Charges} Rs 1,36,000/- Mr. Hemantha Kumar AS Year 2023 Rs 2,000! Rejajinagar Main Branch Type of Vehicle TATANEXON XZ(8)1.2 PETROL) [Rs 10,66,575)-AND '89420600001668 REGNO KA04 NA1631 Interest and Charges Mr. Mahendra Kumar K S Year 2022 Rs 2,000! Belandur Branch “ype of Vehicle Ri LD), Maru Suzuki dla IRs 259,176.79 And] Rs 1,20,000- 4600600000594 REG NO KASS C 5851 Interest and Charges| Rs 12000/- Mr. Chandrakumar V Year 2016 Rs 2,000 ‘Nagappa Block Branch Type of Vehicle HYUNDAI 20 MAGNA 12 KAPPAMT | Rs7,{851024/- | Rs 7.20,000 7390060002351 REG NO KA 03 NP 8671 And Inerest and | Rs 72000 - Mr Lokesh B Year 2023 Charges Rs 2,000! ‘Nagappa Block Branch Type of Vehide MAHINDRA XUV S00RFWOWi0 | RS4,94,070And | Rs 954,000 7390060000025 NO KA 04 MS 8844 InterestAnd Charges) Rs 95400/- Mrs. Mohana A Year 022017 Rs 3,000/- Basaveshwara Nagar Branch Type of Vehicle TATA NDICAV2LXNAKBS I [Rs 243,256.651-And) Rs 72,000 7469060000488 NOKAO2 AF 8625 Interest And Charges) Rs 7,2001- Mr. H Nanjudaiah Year 2016 Rs 1,000 Indiranagar 100f Roadbranch | Type of Vehicle Mahindra XUV 700 AX PETMT SSEATER |Rs. 16862495(-And] Rs. 14,76,000/- 28740600003720 NO Ki\03 NM 6830 Interest And Charges) Rs. 147-600) Ms, Nayata Kukreja Year 052022 Rs. 5,000- Maleswaram Main Branch Type of Vehice TATA INTRA V0 AC BSIV Fs, 1663,000/-And] Rs. 400,000/- 105200600002463 NO: KA04 AC 4783, InterestAnd Charges) Rs 40,000/- Ms Amstro Energy Solutions Year 112020 Rs, 2,000- Maleswaram Main Branch Type of Vehicle TATA INTRA V10 BSW Rs, 1,107,309690- | Rs. 360,00 5200600002390 NO: KAO4 AC 4224 Andinterest And | Rs, 36,000/ MIS Tharanga Foods Year 07/2020 Charges Rs. 2,000) Siddalah Road Branch | Type of Vefick MARUTHI- PRESSO VXI + SPREAV2 (Rs. 397,670,007 Anal Rs. 3,24,000.00- 2510600002675 NO: KA5 ND 2258 InterestAnd Charges) Rs. 32,400.001- Mr. Vincent Tharun Year: 10/2021 Rs, 2,000.00! Mayohall Branch Type ofVehice MARUTHI- EECO 5 STR STO Rs, 45,6257-And | Rs. 3,06,000/ 7389060002724 NO: KA02 MR 1046 InterestAnd Charges) Rs. 30,600/- Mrajay Kumar PY Year 2024 Rs, 2,000/- Last Date Of Submission Of Emd & Kyc Documents: Before 4.00 Pm 12th February 2024 At Bank of Baroda, Regional Office, Bengaluru Central, 5th Floor, Vijaya Towers, Near Trinity Circle, MG Road, Bengaluru. *EMD To Be Submitted By Demand Draft in Favour of Bank of Baroda *Datel Time of e-Auction: 15.02.2024 from 2.00 pm, to6.00 pm * Dateandtime forinspection of Vehicles: 09.02.2024 to 10.02.2024 from 11,00 amto.04.00 pmat *Phoonix Enterprises, #54, 2nd Main, Muniswamappa Layout, Thindlu, Bengaluru-560097 *Allabove vehicles are at his address for more information: Authorized officeriContact Person (1)Dinesh Prabhu 9901423268, (2). Sudhanshu Mohan 7897366366. The bidders are advised to go through the detailed Terms & Conditions of e-Aucton available on the Web Portal of Mis, Auction Tiger Pvt.Ltd, https:foob auctioniger net and bank website hitps:/hwww bankofbaroda,com under Eauction Tab or before submiting their bidsandtaking partinthe e-Auction TERMS & CONDITIONS: (1) E-aucton is being held on “As is where is", “Asis whats" basis and willbe conducted “On Line” through httpsilbob.auctiontigerneVEPROCI, The auction will be conducted through Bank’s approved auction service provider Mis. e-Procurement Technologies Ltd ie. Auction Tiger, 8 - 704,Wall Street -ll, Opp. Orient Club, Nr. Gujarat College, Ells Bridge, ‘Ahmedabad - 380.006, Gujarat, (2) Eamest Money Deposit (EMD) shall be deposited through Demand Draftin favor of Bank of Baroda before submiting the bid online. (3) The intending bidder should submit bd in Bid Form & Declaration [Format attached herewith] ie details of bidder & declaration along with self-attested KYC copies of () PAN card of the bidder (i) Current Address proof for ‘communication, Voter ID Card/Driving License/Passport etc. Bidders have to submit the bid details & KYC on or before the last date & time of submission ofbid given herein above tothe Authorized Officer. Bids received afterwards will notbe considered and said bidders willnotbe eligible to participate in e-Auction. Scanned copies of the original ofthese documents can also be submitted through e-Mail id ofBank given herein above, (4) On verification of bids & KYC documents, eligible Bidders willbe identfied by Authorised officer and their details willbe provided to Auction Tiger who willin tum provide UserID & Password to respective eligible bidders for participation in e- Auction on httpslfoob auctiontigernev/EPROCTI. Afterwards, eligible bidder may avail online training on e-Auction from Auction Tiger prior to the date of e-Aucton. Auction Tiger Support Help Desk Numbers: 9265562818/ 926556282 1 / 9265562819 or send Email ID to support@auctioniger net, soni@auctiontiger net, praveen thevar@auctontigernet to get login credentials and e Auction training. (6) Bidders shall hold a valid email ID (e-mail ID is absolutely necessary forthe intending Bidder) as all the relevant information and allotment of ID & password by Auction Tiger may be conveyed through e-mail. (6) Neither the Authorised OfficeriBank nor Mis. e- Procurement Technologies Ltd-Auction Tiger will be held responsible for any Internet Network problem/Power failure! any other technical lapses/failure etc In order to ward -off such contingent situation the interested bidders are requested to ensure that they are technically well equipped with adequate power back-up etc. for successfully participating inthe e-Auclion event. (7) The Bid price to be submitted shall be equivalent or above the reserve price. The vehicles wll not be sold below the reserve price, The bid quoted below the reserve price shallbe rejected, On ne auction wil start on highest bid amount received from Bidders. During e-auction bidders willbe allowed to offer higher bid in inter-se bidding over and above the lastbid quoted and by minimum increase inthe bid amount given in the table tothe last higher bid of the bidders. The bidders shall increase their bids in mutiplies of the amount specified inthe public sale notice/Terms and condition of Sale, Unimited extension of 10 Minutes time will be given in case of receipt of bid in ast ten minutes. Ten minutes time wil be allowed to bidders to quote successive higher bid and ifno higher bd is offered by any bidder afer the expiry often minutes tothe last highest bid, the e-auction shallbe closed, (8) Intending Bidders are advised to properly read the Sale Notice, Terms & conditions of e-auction, Help Manual on operational part of e-Auction and follow them strictly, (8) The successful Auction Purchaser / Bidder shall have to deposit 25% (Twenly Five Percent) of the bid amount (including EMD amount deposited earier) immediately on finalzation/concluding of Auction ie. on the same day or not later than next working day. The balance amount of bid purchase price payable shall be paid by the successful Auction Purchaser/Bidder to the Authorized Officer on or before the fiteenth day of confirmation of sale ofthe vehicle or such extended period as may be agreed upon in wring between the purchaser and the secured creditor, in any case not exceeding three months. In case of failure to deposit the amount as mentioned above within the stipulated time, the amount| deposited by successful bidder wil be forfeited tothe Bank and Authorized Officer shall have the liberty to conducta fresh auction/ sale of the vehicle & the defaulting bidder shall not have any claim over the forfeited amount and the vehicle. (10) Default of Payment: Default of payment of 25% of bid amount (less EMD) on the same day or the next working day as stated above and/or 75% of balance bid amount within the stipulated time shallrender automatic cancellation of sale without any notice. The EMD and ‘any other money paid by the successful bidder shall be forfeited to the Bankby the Authorized Officer. (11) The EMD of the unsuccessful bidder willbe retumed onthe closure ofthe e-auction sale withoutinterest. (12) No request orinclusion/substitution ofnames, other than those mentioned inthe bid, n the sale certificate will be entertained, The Sale Certificate will be issued only inthe name ofthe successful bidder. (13) The Sale Certficate will not be issued pending operation of any stay! injunction/restraint order passed by the DRT/DRAT/Migh Court or any other court against the issue of Sale Cerificate, Further no interest wll be paid on the amount deposited ‘uring this period. The deposit made by the successful-bidder, pending execution of Sale Certificate, willbe keptin non interest bearing deposit account, No request fr return of deposit either in part or fullcancellation of sale willbe entertained, Incase of stay of further proceedings by DRT/DRAT/High Court or any other Court, the auction may either be deferred or cancelled and persons participating in the sale shall have no right to claim damages, compensation or cost for such postponement or cancellation against Authorised officer / Bank, (14) The Authorized Officer/Bank has the absolute righ to acceptor reject any bid or adjourn’ postpone! cancel the sale/modity any terms and conditions of the sale without any prior notice and without assigning any reason including calling upon the next highest bidder to performin case the ealir bidder fais to perform, The Intending purchaser can inspect the vehicle on date and time mentioned above at his/her expense. (15) The vehicle is being sold on “Asis where is", “Asis what is" basis and he intending bidders should make their own discreet independent inquires & very the concemed RegistrarISRO/Revenue Records! RTOY other Statutory authorities regarding the encumbrances and claimsirightsidues/ charges of any authority such as Sales Tax, Excise/Income Tax besides the Bank's charge and shall satisfy themselves regarding the, title nature, description, extent, quay, quantity, condition, encumbrance, len, charge, statutory dues, etc over the vehicle before submiting theirbids, The e-auction advertisement does not constitute and will notbe deemed to consiitute any commitment or any representation of the bank. The Authorized Officer! Secured Creditor shall not be responsible in any way for any third party encumbrances/claimsirights/dues. No claim of whatsoever nature regarding the vehicle put for sale chargeslencumbrances over the vehicle or on any other matter et., willbe entertained after submission of the online bid. (16) The Bank does not undertake any responsibilty to procure any permissionficense, NOC, etc. in respect of the vehicle offered forsale. The Authorized Oficer Secured Creditor shall not be responsible for any dues lke outstanding of any other dues, taxes, levis, fees, transfer feesif any in respect of andlor in relation to the sale ofthe said vehicle, Successful Bidder has to comply withthe provisions of Income Taxregarding purchase of vehicle & to pay the taxto the authortes as per applicable rates. (17) The Authorised Officer willbe atlberty to amend! modify! delete any ofthe conditions as may be deemed necessary inthe ight of facts and circumstances of each case. The Bank! Authorised Oficer has the absolute right and aiscretion to acceptor reject any bid or adjoum/postponelcancel the sale/modify any terms and conditions of the sale without any prior notice and assigning any reason. Bidders shall be deemed to have read and understood all the conditions of sale and are bound by the same. No counter-offer/conditional offr/conditions by the bidder andlor successful bidder will be entertained, Words and expressions used herein above shall have the same meanings as provided for under| the law applicable and the Rules framed thereunder. (18) The sale is subject to confirmation by he Secured Creditor Bank, (19) In case Auction Purchaser fail to get the vehicle transferred in their name in 10 days, Auction Purchaser wil be lable for Vehicle Parking / safekeeping charges as applicable to the bank. Intending Bidder may collect the blank BID Form from Branch, (20) Car dealers / agencies not participate in the tendering process but have to transfer vehicle on their name. (21) The Purchaser has to take all responsibilies til the vehicle i transferred to his her name after delivery by signing as indemnity bond of Rs 100,00 22) The purchaser has to transfer the vehicle in hisfher name within one month after delivery at his cost. (23) The intending purchasers can inspect the vehicle on date & time mentioned above at his / her expenses. For further details, please contact, Contact Person mentioned in aforesaid table. (24) The purchaser shall bear the stamp duties, charges including those of sale certificates, registration charges, all statutory dues payable to government, taxes and rates and outgoings, both existing and fuure relating othe vehicle, The sale cerificate will be issued only in the name ofthe successful bidder, (25) On receipt of total bid amount, Bank will issue a certificate of Sale in prescribed form and Auction Purchaser have to get vehicle transferred in their name in RTO record within 10 days of receipt of sale certificate & formsby paying necessary RTO Transfer Charges statutory ues taxes / charges /fees /Insurance payable etcafter which only bank will hand over the vehicle to Auction Purchaser (26) The successful bidder will be issued a sale certificate in the prescribed form and the successful bidder should bear RTO Transfer Charges statutory dues / taxes / charges / fees / Insurance payable etc. as applicable as per applicable Laws (27) The vehicle is sold in “AS IS WHERE IS" &AS |S WHAT IS" condition and the intending bidders should make discreet enquiries as regards any claim, charges of any authority on the vehicle, besides the Bank’s charges and should satisfy themselves about the tte, extent, quality and quantity ofthe vehicle before submiting ther bid, No claim of whatsoever nature regarding the vehicle put for sale, charges / encumbrances over the vehicle or on any other matter, etc, will be entertained after submission ofthe online bid, (28) Prospective bidders are advised to peruse the RC copies of vehicle with the Bank and other records a RTO before bidding, (29) For more detalsif any prospective bidders may contact the authorized officer on Tel No.080-25011520 E-Mail recovery brcentral@)vankofbaroda.com. Date : 09.07.2024 ‘Sdl- Chief Manager Place : Bengaluru Bank of Baroda Sr