कोयम्बत्तूर मुख्य शाखा COIMBATORE MAIN BRANCH

816-ओप्पनकरा स्ट्रीट 816-Oppanakara Street,

कापोरे शन बैंक Coimbatore- 641 001
कोयम्बत्तूर - 641 001
Corporation Bank
तममलनाडु Tamil Nadu.
सार्वजनिक क्षेत्र का अग्रणी बैंक A Premier Public Sector Bank

OR/CBEMAIN/021/KR ENTERPRISES 16.07.2019

By Regd Post & Courier

To:
Name and address of the borrowers
1(a) K R ENTERPRISES
Prop Mr. [Link]
71/ A Park town,Ramanathapuram,Coimbatore-641045
ALTERNATE ADDRESS:

K R ENTERPRISES
Prop Mr. [Link],
164A Trichy road,Chinthamanipudur post ,
Coimbatore-641045
1(b) Mr K Rajendran (Prop: K R Enterprises )S/o K G Krishnasamy Naidu,
164A Trichy road,Chinthamanipudur post ,
Coimbatore-641045

Name and address of the guarantors

[Link] Jothi @ , Amalorpavamary
W/o. Mr. A. Mariadass
Door No.505,
Pankaja Mill Road
Coimbatore-641045
2. [Link] R Balasundaram, S/o Mr. P Rangasamy
(Represented by legal heirs Krishnaveni and Mahesh)
Door No.107/1, NGN Street
New Sidhapudur
Coimbatore-641044

[Link]. Deceased P. Ramasamy ,

S/o Mr. Palani Navithan@ Palaniappan
(Represented by all legal heirs Rangammal, R. Nagaraj, R Babu and R
Balasubramanian
Door No. 4-6, Water Tank Road,
Varadarajapuram Medu,
Uppilipalayam Village
Coimbatore South

ई-मेल E-mail : cb0021@[Link] (0422) 2397589, 2398589 (का O)

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कोयम्बत्तूर मुख्य शाखा COIMBATORE MAIN BRANCH

816-ओप्पनकरा स्ट्रीट 816-Oppanakara Street,

कापोरे शन बैंक Coimbatore- 641 001
कोयम्बत्तूर - 641 001
Corporation Bank
तममलनाडु Tamil Nadu.
सार्वजनिक क्षेत्र का अग्रणी बैंक A Premier Public Sector Bank

Dear Sir/Madam,

Sub: Notice of 15 days for sale of immovable secured assets under Rule 8
of the Security Interest (Enforcement) Rules, 2002.

1. Corporation Bank, No. 816,Oppanakkara street ,Coimbatore-641001 the

secured creditor, caused a demand notice dated 08.05.2017 under 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, has 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 07.08.2017 issued 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 by the
Authorised officer, will be sold by holding public E-auction on 08.08.2019
between 11.30 a.m and 12.30 p.m. by inviting Bids from the public through
online on [Link]
3. You are also requested to ensure participation by parties interested in
buying the immovable secured assets in the sale as proposed above.

4. A copy of the terms of sale is enclosed for your reference. Please note that
the Auction will be conducted through E-Auction mode on the date and time
mentioned in the enclosed terms of sale.
Yours faithfully

Place :Coimbatore
Date :16.07.2019 AUTHORISED OFFICER
CORPORATION BANK
ई-मेल E-mail : cb0021@[Link] (0422) 2397589, 2398589 (का O)
कृपया हमसे संपकव करें Do visit us at [Link]
कोयम्बत्तूर मुख्य शाखा COIMBATORE MAIN BRANCH

816-ओप्पनकरा स्ट्रीट 816-Oppanakara Street,

कापोरे शन बैंक Coimbatore- 641 001
कोयम्बत्तूर - 641 001
Corporation Bank
तममलनाडु Tamil Nadu.
सार्वजनिक क्षेत्र का अग्रणी बैंक A Premier Public Sector Bank

Encl: Terms of sale

AUCTION SALE OF IMMOVABLE ASSETS UNDER SECURITY INTEREST

(ENFORCEMENT) RULES, 2002 through E-Auction

E-AUCTION APPLICATION FORM

FOR THE PROPRTY _______

1. Name of the Bidder (s) (in capitals) :

2. Father’s/Husband’s Name :

3. Date of Birth & Age :

4. Postal Address of Bidders (proof to be enclosed) :

5. Phone Nos. : Landline : Mobile :

6. E-Mail ID of Bidder/Participant :

7. Bank account details to which EMD amount is to be

Refunded :

Type of Account : Saving/Current/CC

Name of A/c Holder :

Bank A/c No. :

IFSC Code No. :

Bank & Branch Name :

8. PAN Number of Bidder (copy to be enclosed) :

9. EMD remittance details :

Date of remittance details :

Name of Bank & Branch :

Account No. :
IFSC Code No.
ई-मेल E-mail : cb0021@[Link] (0422) 2397589, 2398589 (का O)
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कोयम्बत्तूर मुख्य शाखा COIMBATORE MAIN BRANCH

816-ओप्पनकरा स्ट्रीट 816-Oppanakara Street,

कापोरे शन बैंक Coimbatore- 641 001
कोयम्बत्तूर - 641 001
Corporation Bank
तममलनाडु Tamil Nadu.
सार्वजनिक क्षेत्र का अग्रणी बैंक A Premier Public Sector Bank

DECLARATION

I, s/o Sri
, aged about years, R/o
do hereby express my interest for participation in e-auction being
conducted by Corporation Bank, ( No. 3 Furnish the Branch
Name and address) for purchase of the property and declare that I
have read, understood and agree to all the terms and condtions of e-
Auction sale and shall abide by them. In the event, I am not being
declared as successful bidder in the e-Auction, the EMD amount paid by
me may be credited to my Bank Account furnished herein above.

(Signature of the Bidder/s)

Note: 1. In case of multiple bidders, the details shall be given in a

tabular form on a separate sheet.

2. Auction Application Form duly filled in may be submitted to

Corporation Bank, ( No.3 Furnish the name of the Branch) by
…………..(Furnish the last date for submission of bids) and / or
uploading the form along with scan copy of identity proof with E Auction
portal as specified in the terms of sale for getting qualified to participate
in the e-auction. If there are more than one property, the said
requirements to be made on each property.

ई-मेल E-mail : cb0021@[Link] (0422) 2397589, 2398589 (का O)

कृपया हमसे संपकव करें Do visit us at [Link]
कोयम्बत्तूर मुख्य शाखा COIMBATORE MAIN BRANCH

816-ओप्पनकरा स्ट्रीट 816-Oppanakara Street,

कापोरे शन बैंक Coimbatore- 641 001
कोयम्बत्तूर - 641 001
Corporation Bank
तममलनाडु Tamil Nadu.
सार्वजनिक क्षेत्र का अग्रणी बैंक A Premier Public Sector Bank

TERMS AND CONDITIONS OF SALE OF IMMOVABLE SECURED ASSETS:

1. Name and address of the Name and address of the borrowers

Borrower and Guarantor 1(a) K R ENTERPRISES
Prop Mr. [Link]
71 /A Park town,Ramanathapuram,
Coimbatore-641045
ALTERNATE ADDRESS:

K R ENTERPRISES
Prop Mr. [Link],
164A Trichy road,Chinthamanipudur post ,
Coimbatore-641045
1(b) Mr K Rajendran (Prop: K R Enterprises )
S/o K G Krishnasamy Naidu,
164A Trichy road,Chinthamanipudur post ,
Coimbatore-641045

Name and address of the guarantors

[Link] Jothi @ , Amalorpavamary
W/o. Mr. A. Mariadass
Door No.505,
Pankaja Mill Road
Coimbatore-641045
2. [Link] R Balasundaram, S/o Mr. P
Rangasamy
(Represented by legal heirs Krishnaveni and
Mahesh)
Door No.107/1, NGN Street
New Sidhapudur
Coimbatore-641044

[Link]. Deceased P. Ramasamy ,

S/o Mr. Palani Navithan@ Palaniappan
(Represented by all legal heirs Rangammal, R.
Nagaraj, R Babu and R Balasubramanian
Door No. 4-6, Water Tank Road,
Varadarajapuram Medu,
Uppilipalayam Village
Coimbatore South

ई-मेल E-mail : cb0021@[Link] (0422) 2397589, 2398589 (का O)

कृपया हमसे संपकव करें Do visit us at [Link]
 कोयम्बत्तूर मुख्य शाखा COIMBATORE MAIN BRANCH

816-ओप्पनकरा स्ट्रीट 816-Oppanakara Street,

कापोरे शन बैंक Coimbatore- 641 001
कोयम्बत्तूर - 641 001
Corporation Bank
तममलनाडु Tamil Nadu.
सार्वजनिक क्षेत्र का अग्रणी बैंक A Premier Public Sector Bank

2. Name and address of the Corporation Bank, No. 816,Oppanakkara

Secured Creditor : street ,Coimbatore-641001
[Link] of the Properties to be sold
Property No: 1
Item No.1 -Property belonging to Mr. R Balasundaram

In Coimbatore Registration District, Ganapathy Sub Registration District, Coimbatore Taluk,

Ganapathy Village, in S F No. 210, T S No.11/1295/2A Part, New Sidhapudur NGN Street, the premises
bearing Door No.109,110 with tiles structures and open space situated within the following boundaries:
North of : Site No.10
South of : Property belonging to R Balasundaram
East of : Site No.5 belonging to Nandagopal
West of : Property belonging to [Link]

Measuring
North to South on the West - 33’6’’ feet
North to South on the East - 33’9” feet
East to West on the South - 22’6” feet
East to West on the North - 22’6” feet

Total area 757 Sq Ft vacant land together with tiles house including common compound wall and all
other amenities.

Door No.109,110 [N G Narayanasamy Street]

Assessment No. 325203

And the property measuring 338 sq ft

Boundaries for North to South Passage

West of - Property belonging to R Balasundaram

East of - Site No.5 belonging to Nandagopal
North of - Item No.1 property
South of - NGN Street

Measuring,

East to West on both sides - 5 feet

North to South on both sides - 67.6 feet

Total 338 Sq ft North to South passage

Total for 2 items 1095 [Link]. Vacant land together with the above tiled house.
(Property description as specified in the sale deed no. 3944/2006 dated
17.07.2006)

ई-मेल E-mail : cb0021@[Link] (0422) 2397589, 2398589 (का O)

कृपया हमसे संपकव करें Do visit us at [Link]
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816-ओप्पनकरा स्ट्रीट 816-Oppanakara Street,

कापोरे शन बैंक Coimbatore- 641 001
कोयम्बत्तूर - 641 001
Corporation Bank
तममलनाडु Tamil Nadu.
सार्वजनिक क्षेत्र का अग्रणी बैंक A Premier Public Sector Bank

Item No.2 -Property belonging to Mr. R Balasundaram

In Coimbatore Registration District, Ganapathy Sub Registration District, Coimbatore Taluk,

Ganapathy Village, within the Coimbatore Corporation limits in S F No. 210, T S No.11/1295/2A Part,
New SIdhapudur NGN Street, the premises bearing Door No.108, presently Door No.107/1 part
measuring 1181 [Link]. within the following boundaries. with tiles structures and open space situated
within the following boundaries:

North and East of : Item No.2 above

South of : NGN Street,
West of : Property belonging to Duraisamy

Measuring,

East to West on both sides - 17 ½ feet

North to South on both sides - 67 ½ feet

And the building constructed therein with doors, windows, electrical connection, water connection and
all other appurtenances thereof.

Assessment No.326352
Electricity service connection No.695
(Property description as specified in the certified copy dated 31.12.2004 of
final decree OS No 209/2001 )

Property No: 2
Property belonging to Mr.P. Ramaswamy

In Coimbatore Registration District, Singanallur Sub Registration District, Coimbatore South Taluk,
Uppilipalayam Village in S.F No. 443/3, Varadarajapuram Medu, Water Tank Street, Door No.4-6,
land measuring 1268 Sq Ft and building constructed therein within the following boundaries:

West of : North South Water Tank Street

East of : House belonging to Chinnaiya Gounder
North of : Property belonging to P. Ramasamy
South of : East West Street
(Property description as specified in the family arrangement deed no.
2764/1996 dated 30.05.1996)

Property No: 3
Property belonging to -Mrs. JOTHI @ M. AMALORPAVAMARY

In Coimbatore Registration District, Peelamedu Sub Registration District, Coimbatore Taluk,

Ramanathapuram Village, in T S No. 10/1787 an extent of 0.22 acres. In this an extent of 0.18 acres
i.e., 1075 Sq Ft or 2 Cents and 203 Sq. Ft of land and building situated within the following boundaries:

North of : 5 feet wide East west pathway

ई-मेल E-mail : cb0021@[Link] (0422) 2397589, 2398589 (का O)

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816-ओप्पनकरा स्ट्रीट 816-Oppanakara Street,

कापोरे शन बैंक Coimbatore- 641 001
कोयम्बत्तूर - 641 001
Corporation Bank
तममलनाडु Tamil Nadu.
सार्वजनिक क्षेत्र का अग्रणी बैंक A Premier Public Sector Bank

South of : Kallukuli
West of : Property belonging to M. Anthoniammal
East of : House belonging to Railway Inspector Mani

(Property description as specified in the settlement deed no.1485/1986

dated 21.03.1986)

[Link] details of NIL

encumbrances, if any known
to the Secured Creditor
5. Last date for submission of On or before 07.08.2019 before 5.00 PM
EMD
6. Date & Time of auction 08.08.2019 between 11.30 a.m and
12.30 p.m (with 10 min unlimited auto
extensions) E-auction website-
[Link]

[Link] secured debt for the Rs 1,34,74,101.36 as on 31.07.2017 with

recovery of which the further interest, cost & expenses .
immovable secured asset is to
be sold:
[Link] price for the Property No :1-Rs 92,65,000(Rupees Ninety
properties below which the two lakhs and sixty five thousand only)
immovable property may not Property No:.2-Rs 32,75,000(Rupees Thirty
be sold: two lakhs and seventy five thousand only)
Property No: 3-Rs 34,00,000(Rupees Thirty
four lakhs only)
[Link] intending bidder shall deposit with the Authorised Officer an
amount equivalent to 10% of reserve price by way of Earnest Money
Deposit in the account of Authorised Officer, Corporation Bank, No
816,Oppanakkara street,Coimbatore-641001, by Demand Draft or
NEFT/RTGS or through Internet payment to account No.
510101000414610 and IFSC Code- CORP0000021 simultaneously
bidder has to submit the e-bid form available on M/s Matex Net Private
Limited website/ before the date and time mentioned above and shall
obtain written receipt thereof from the branch/Authorised Officer. The
intending bidders shall mention the property i.e.M/s K R Enterprises and
property no as 1 or 2 or 3 for which the EMD has been tendered.
[Link] name and address of the bidder with their identity proof and PAN
card has to be furnished while filling up the e-bid form on
[Link] website.

ई-मेल E-mail : cb0021@[Link] (0422) 2397589, 2398589 (का O)

कृपया हमसे संपकव करें Do visit us at [Link]
कोयम्बत्तूर मुख्य शाखा COIMBATORE MAIN BRANCH

816-ओप्पनकरा स्ट्रीट 816-Oppanakara Street,

कापोरे शन बैंक Coimbatore- 641 001
कोयम्बत्तूर - 641 001
Corporation Bank
तममलनाडु Tamil Nadu.
सार्वजनिक क्षेत्र का अग्रणी बैंक A Premier Public Sector Bank

11. Bank, the Secured Creditor, reserves the right to accept / reject the
highest bid without assigning any reason thereof or to cancel the sale.
12. In case of bidding the same shall not be less than Rs.50000 for
property no 1 and Rs 25000 for property nos. 2 and 3 in excess of highest
bid amount or the immediate preceding bid, as the case may be with
multiple increment value of Rs.50000 for property no .1 and Rs 25000 for
Property nos .2 and 3
13. The sale will be confirmed in favour of the highest bidder and the
confirmation of sale shall be subject to the confirmation by the Secured
Creditor. In case of single bid received, the sole bidder shall be declared as
the successful bidder.
13.1 Bids once made shall not be cancelled or withdrawn.
14. The successful bidder so declared by the Authorised Officer shall
deposit 25% of the Sale Price (inclusive of EMD) in
Cash/DD/RTGS/NEFT/Internet transfer /Cheque subject to realisation,
immediately on the sale day or not later than next working day and the
balance 75% of the Sale Price on or before 15th day of confirmation of Sale
or within such extended period as agreed upon in writing not exceeding 3
months.
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 (not
exceeding 3 months) 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 on 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 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.

ई-मेल E-mail : cb0021@[Link] (0422) 2397589, 2398589 (का O)

कृपया हमसे संपकव करें Do visit us at [Link]
 कोयम्बत्तूर मुख्य शाखा COIMBATORE MAIN BRANCH

816-ओप्पनकरा स्ट्रीट 816-Oppanakara Street,

कापोरे शन बैंक Coimbatore- 641 001
कोयम्बत्तूर - 641 001
Corporation Bank
तममलनाडु Tamil Nadu.
सार्वजनिक क्षेत्र का अग्रणी बैंक A Premier Public Sector Bank

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 bidder.
20. The Authorised Officer will deliver the property on the basis of
symbolic possession taken, 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. The unsuccessful Bidders 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 in favour of successful
bidder.
23. 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 E auction may be cancelled by the Authorised Officer.
24. The above movable/immovable secured assets will be sold in “As is
where is”, “As is What is” and “whatever there is” condition.
25. The intending bidders may, if they choose, after taking prior
appointment from the Authorised Officer, inspect the immovable/movable
secured assets to be sold before the date of E-Auction.
26. 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.
[Link] E-auction will be conducted through portal [Link] on
08.08.2019 between 11.30 a.m and 12.30 p.m with unlimited extension of 10
Min. The intending bidder is required to register their name at M/s Matex Net Private
Limited and get user ID and password free of cost and get training / on-line training
on E-Auction from M/s Matex Net Private Limited (Contact person : K
Sampathkumar ,Mobile No. 9944171360, Land Line 0422-3209003/3209004),
,Email id:- sampath@[Link].
[Link] 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

ई-मेल E-mail : cb0021@[Link] (0422) 2397589, 2398589 (का O)

कृपया हमसे संपकव करें Do visit us at [Link]
 कोयम्बत्तूर मुख्य शाखा COIMBATORE MAIN BRANCH

816-ओप्पनकरा स्ट्रीट 816-Oppanakara Street,

कापोरे शन बैंक Coimbatore- 641 001
कोयम्बत्तूर - 641 001
Corporation Bank
तममलनाडु Tamil Nadu.
सार्वजनिक क्षेत्र का अग्रणी बैंक A Premier Public Sector Bank

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.

Place : Coimbatore
Date : 08.08.2019 AUTHORISED OFFICER
CORPORATION BANK

ई-मेल E-mail : cb0021@[Link] (0422) 2397589, 2398589 (का O)

कृपया हमसे संपकव करें Do visit us at [Link]