Properties are free of all encumbrances and are in the name of Competent

Authority appointed by Government and confirmed by the Special Court under

KPIDFE Act, 2004.

OFFICE OF THE SPECIAL OFFICER AND COMPETENT AUTHORITY

(IMA & OTHER SCAMS)

Address: «3RD FLOOR, PODIUM BLOCK, VV TOWERS, DR.

AMBEDKAR VEEDHI, VASANTH NAGAR, BENGALURU - 560001 »

TENDER DOCUMENT

Auction for Sale of Immovable Property

Tender Document No: SPLOCA/AUC/CR/07/2024-25

FOR AND ON BEHALF OF OFFICE OF THE SPECIAL OFFICER AND

COMPETENT AUTHORITY

PURSUANT TO THE ATTACHMENT BY GOVERNMENT OF KARNATAKA

MADE ABSOLUTE BY THE HON’BLE SPECIAL COURT Vide Order No.
MISC No.868/2022, 701/2022, 598/2022, 597/2022, 919/2017
Date: Monday, August 12, 2024
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
1. BACKGROUND AND IMPORTANT INFORMATION
Pursuant to the attachment by the Government of Karnataka under the Karnataka Protection of
Interest of Depositors in Financial Establishments Act, 2004 (KPIDFE Act), made absolute by the
Hon’ble Special Court vide Order No. MISC No. 868/2022, 701/2022, 598/2022, 597/2022,
919/2017, the Competent Authority therein and the undersigned (hereinafter
referred to as the Seller) hereby aims to dispose of properties as specified in
Clause 3.1 of this Tender Document (“Properties''), through Karnataka Public
Procurement Portal [Link] on “as is where is” and
"whatever there is” basis.
1.1 The information contained in this Tender Document for sale of the
Properties (“Tender Document”) or subsequently provided to
Bidder(s), whether verbally or in documentary or any other form by or
on behalf of the Seller and/ or any of its employees or advisors, is
provided to Bidder(s) on the terms and conditions set out in this Tender
Document.
1.2 This Tender Document is neither an agreement nor an offer by the
Seller to the prospective Bidders or any other person. The purpose of
this Tender Document is to provide interested parties with information
that may be useful to them in making their bids pursuant to this Tender
Document. This Tender Document may not be appropriate for all
persons and it is not possible for the Seller, its employees or advisors to
consider the investment objectives, financial situation and particular
needs of each party who reads or uses this Tender Document. The
assumptions, assessments, statements and information contained in
this Tender Document may not be complete, accurate, adequate or
correct. Each Bidder should therefore conduct its own enquiry
and analysis and should check the accuracy, adequacy,
correctness, reliability and completeness of the assumptions,
assessments, statements and information contained in this
Tender Document and obtain independent advice from
appropriate sources before submitting a bid.
1.3 Information provided in this Tender Document to the Bidder(s) has been
collated from several sources some of which may depend upon
interpretation of applicable law. The information given is not intended
to be an exhaustive account of statutory requirements and should not
be regarded as complete.
1.4 The Seller, its employees and advisors make no representation or
warranty and shall have no liability to any person, including any Bidder
under any law, statute, rules or regulations or tort, principles of
restitution for unjust enrichment or otherwise for any loss, damages,
cost or expense which may arise from or be incurred or suffered on
account of anything contained in this Tender Document or otherwise,
including the accuracy, adequacy, correctness, completeness or
reliability of the Tender Document and any assessment, assumption,
statement or information contained therein or deemed to form part of
this Tender Document or arising in any way from participation in this
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
auction process.
1.5 The Seller may, in its absolute discretion, but without being under any
obligation to do so, update, amend or supplement the information,
process or assumptions contained in this Tender Document.
1.6 The issue of this Tender Document does not imply that the Seller is
bound to select a Bidder, Eligible Bidder or Successful Bidder and the
Seller reserves the right (without incurring any liability) to reject all or
any of the Bidders or bids at its discretion.
1.7 Each Bidder shall bear all its costs associated with or relating to the
preparation and submission of its bid/s including but not limited to
preparation, copying, postage, delivery fees, expenses associated with
any demonstrations or presentations, if any, which may be required by
the Seller or any other costs incurred in connection with or relating to
its bid including EMD.
1.8 The sale of the Properties will be on an “as is where is” and “whatever
there is” basis and shall be undertaken by the Seller through Karnataka
Public Procurement Portal [Link] The details with
respect to the auction are as follows:
Note: The expression(s) ‘AS IS WHERE IS BASIS’ / ‘AS IS WHAT IS
BASIS’ / ‘AS IS WHERE IS, WHATEVER THERE IS AND WITHOUT
RECOURSE BASIS’ shall have the following meaning as per Judgement
of Hon Supreme Court of India dated 19-05-2023 in the matter of K C
Ninan vs Kerala State Electricity Board & Ors. Civil Appeal No 2109-
2110 of 2004:
(i) “every intending bidder is put on notice that the seller does not
undertake any responsibility to procure permission in respect of the
property offered for sale or any liability for the payment of dues, like
water/service charges, electricity dues for power connection and taxes
of the local authorities, among others”.
(ii) “a sale on “as is where is basis” postulates that the purchaser would
be acquiring the asset with all its existing rights, obligations and
liabilities. When a property is sold on an “as is where is” basis,
encumbrances on the property stand transferred to the purchaser upon
the sale.
10) Further, in auction sales, an auction purchaser is expected to
exercise due diligence with regard to the condition of the premises,
terms of sale, existence or lack of amenities, title, encumbrances,
pending statutory dues, etc. in respect of the property they propose to
purchase.
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
Description Details
Seller OFFICE OF THE SPECIAL OFFICER AND COMPETENT
r AUTHORITY (CONSITUED UNDER KPIDFE ACT 2004)

Address: 3rd FLOOR, PODIUM BLOCK, VV

TOWERS, [Link] VEEDHI, VASANTH
NAGAR, BANGALORE – 560001
Service e-Procurement cell, Centre for e-Governance,
provider 4th Floor, Sri Arvinda Bhavan, Mythic Society
Compound, Nrupathunga Road, Bengaluru- 560 001.
Helpdesk No: 080-46010000, 080-68948777
E-Mail to eprocurementhelpdesk@[Link]
(Hereinafter referred to as “the Service
Provider”)
Annexures 1. Annexure 1 – Bid Form
Instruction: This document is required to be
duly filled in by the Bidder. No changes by
bidder are permitted in the bid document. The
Bidder will then be required to take a print out
of the filled in form, sign the same and
thereafter send it via mail to
splocaeauction@[Link] and upload the
relevant documents in Karnataka Public
Procurement Portal
[Link] along with the KYC
documents.
2. Annexure 2 - Declaration by the Bidder
Instruction: This document is required to be
duly filled in and signed by the Bidder. The
Bidder will then be required to take a print out
of the filled in form, sign the same and
thereafter send it via mail to
splocaeauction@[Link] and upload the
relevant documents in Karnataka Public
Procurement Portal
[Link] along with the KYC
documents.
3. Annexure 3 - Technical Terms and
Conditions of Auction Sale
4. Annexure 4- Identification Format
Special Neither the Service Provider nor the Seller will
Instructions be responsible for any lapses /failure on the
part of the Bidder.

1.9 In this Tender Document, capitalized terms shall, unless repugnant to

the meaning or context thereof, have the meanings assigned to such
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
terms in the body of the Tender Document or in the Annexures thereof.
Any reference to this Tender Document shall mean this tender
document including its Annexures, any addenda or amendments to this
Tender Document and/ or any other document issued pursuant here to.
1.10 The Annexures to this Tender Document shall form an integral part of
this Tender Document and this Tender Document shall always be read
in conjunction with the Annexures thereto.
1.11 The term “Bidder” or “intending bidder” as used in this Tender
Document shall mean any person who has successfully submitted an
Earnest Money Deposit (EMD) in response to the Notice of Sale issued
by the Seller. It is clarified that a Bidder may submit a bid under this
Tender Document only with respect to the Property(ies) for which he
has successfully submitted an EMD in response to the Notice of Sale.
1.12 The property documents, where available, relating to the Properties
shall be published on the website Karnataka Public Procurement Portal
[Link]
2. TERMS AND CONDITIONS OF THE AUCTION
The sale of the Properties mentioned in this Tender Document and
the Notice of Sale dated 12 th of August 2024 (“Notice of Sale”)
published by the Seller shall be subject to the following conditions
and the conditions set out in Annexure 3:
2.1 Nature and Object of the Auction
(a) The auction sale is with the object of facilitating a free, fair and
transparent sale of the Properties and for achieving best-
possible price discovery.
(b) The sale of the Properties will be conducted in terms of and in
compliance with the Order of the KPID Court and the
Subsequent Orders.
(c) All terms and conditions of sale of the Properties shall be
governed by the Notice of sale and in accordance with
applicable provisions of law. Bidders are not permitted to
unilaterally modify, add or delete any clause in the bid
document.
2.2 Caution to the Bidders
(a) The Properties are being sold on an “as is where is and whatever
there is” basis.
(b) Bidders are advised to go through all the terms and conditions of
sale given in this Tender Document and also in the Notice of Sale
before participating in the auction.
(c) The auction shall entitle the Successful Bidder to all the rights of
the incumbent holder in respect of the Properties. The Properties
will be sold along with all claims, liabilities and/ or
encumbrances relating thereto, if any, whether known or
unknown to the Seller. The details of the immovable Properties
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
will be attached separately as stated in the Notice of Sale and
under this Tender Document are as per the details available with
the Seller and neither the Seller nor the Service provider shall, in
any way, be responsible for any variation in the extent of the
Properties due to any reason.
(d) The intending bidders should make their own independent
enquiries regarding the properties put on auction, prior to
submitting their bid. The auction advertisement does not
constitute and will not be deemed to constitute any commitment
or any representation of Seller/the Service provider. The properties
are being sold with all the existing and future encumbrances,
whether known or unknown to Seller/the Service provider.
Seller/the Service provider shall not be responsible in any way for
any third party claims/rights/dues, etc.

(e) All interested bidders are advised to download the E-Auction user Manual
available on the [Link] and familiarize themselves
with the procedure.
(f) The interested bidders may also like to familiarize themselves with the E
Auction and Sale procedure Flow Chart available on the SPLOCA website:
[Link]
2.3 Inspection of the Properties
• The inspection of the property (ies) shall be allowed to the
prospective buyers at the date and time specified in the Schedule
to Clause 3.1 for respective property (ies).
• The prospective buyers who intend to inspect the properties are
permitted to do so only after submission of EMD amount by them.
• The Service provider / the Seller shall not be responsible for
rendering any assistance to the Bidder in connection with its
independent inspection of the Properties.
• Bidders are bound by the principle of Caveat Emptor (buyer
beware).
2.4 Auction Process -
The Auction shall be conducted in the following steps.
1. EMD Submission:
a. Prospective buyers are requested to Deposit the EMD to the
account details mentioned in Section 2.4.1 so as to be able
to participate in the Online E-auction.
2. Bidding Process
 Auction/bidding shall be online bidding through
the portal provided by the service provider.
 Bidders are cautioned to be careful while entering
their bid amount and to check for alteration, if any,
before confirming the same.
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
 No request/ complaint of wrong bidding shall be
entertained for cancelling the sale and in such
case, the EMD in full shall be forfeited.
 Bidders may, subject to conditions of e-auction
service provider, avail pre-auction training
and/or for demo/mock auction-sale.
 The Online Auction would be facilitated by Karnataka
Public Procurement Cell.
3. Process Declaration of Successful Bidder:
a. Highest Bidder would be chosen from Online Auction
b. The highest bidder would be finally declared as a successful
bidder for the auctioned property & shall proceed for the
balance payment submission.
c. Assuming there may not be any bidder then automatically
whoever is the highest bidder would be declared as a
successful bidder & would be asked to proceed for the
balance payment submission.
The Service provider shall inform the Bidders via email of the procedure for
obtaining access to the E-auction Platform for the purposes of uploading
necessary forms and documents there at and making bids thereon.
2.4.1 EMD Process
The intending bidders will be required to furnish Earnest Money Deposit (EMD)
(as mentioned against each auction in the E-portal provided by the service
provider only). For Registration & Online Auction, prospective bidder can login to:
[Link] (Helpdesk No: 080-46010000, 080-68948777) The
interested bidders who require auction related information can contact Joint
Secretary, Office of the Special Officer & Competent Authority, Office of 3rd
Floor, Podium Block, Visveswariah Towers, [Link] Veedi, Bengaluru-
560001 Contact Number: 6364403715
(a) The Prospective buyer needs to log onto Karnataka Public Procurement
Portal [Link] and register themselves and submit
the EMD & upload the bid documents.
(b) Prospective buyer shall not disclose remittance details of EMD, UTR
Code, etc. to anyone else, to safeguard its secrecy.
(c) Prospective buyer shall preserve the remittance challan and shall
produce the same as and when demanded.
(d) All details regarding remittance of the EMD shall be entered in the
Form. Incomplete/unsigned Forms will be summarily rejected.
(e) EMD and other amounts paid by the Bidders/ Eligible Bidders/
Successful Bidder are liable to forfeiture in case of any default or
misrepresentation on the part of the Bidder/ Eligible Bidders/
Successful Bidder.
(f) Thereafter, the Bidders would be required to upload the following
documents:
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
(i) Individual Bidders or Bidders in the nature of Hindu
Undivided Family (“HUF”) would be required to upload the
following:
1. copy of the valid passport or voter’s ID or valid driving
license or Aadhaar card or photo identity card issued
by Govt./ PSU; and
2. copy of the permanent account number (“PAN”) card
and in case the copy of the PAN card is not available
with the Bidder, an affidavit stating the reason for
not holding a valid PAN card on a stamp paper
of Rs.100/- (Rupees One Hundred only) in lieu of
the PAN card shall be submitted.
It is clarified that in the case of an HUF, the “karta” of the
HUF would have to upload his own passport/ voter ID/
driving license/ Aadhaar card/photo identity card issued by
Govt. / PSU.
(ii) Non-Resident Indian(s)1 would be required to upload the
following documents:
1. their passport and residence visa copies duly attested
by foreign offices or notary public or the Indian
embassy; and
2. a copy of the PAN card and in case the copy of the
PAN card is not available with the Bidder, an affidavit
stating the reason for not holding a valid PAN
card on a stamp paper of Rs.100/- (Rupees One
Hundred only) in lieu of the PAN card shall be
submitted.
(iii) Proprietary concerns shall upload any two documents
evidencing the identity and address proof of the proprietor and
proprietorship concern. The proprietor should also provide a
copy of the permanent account number (“PAN”) card and in
case the copy of the PAN card is not available, an affidavit
stating the reason for not holding a valid PAN card on a
stamp paper of Rs.100/- (Rupees One Hundred only) in
lieu of the PAN card shall be submitted.

(iv) Partnership firms and limited liability partnerships shall be

required to upload any two documents providing the identity
and address proof of the partnership or limited liability
partnership, as applicable, any 2 (two) documents evidencing
the identity and address proof the partner authorized to act on
behalf of the partnership or limited liability partnership, as the
case may be, and the following documents:
1. Registration certificate or incorporation certificate, if any,
as applicable;
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
2. Partnership deed or limited liability partnership
agreement, as applicable;
3. An officially valid document in respect of the person
holding a power of attorney to transact on behalf of the
partnership or copy of the resolution passed by the
partners of the limited liability partnership or other valid
document evidencing authority of the designated partner
to transact on behalf of the limited liability partnership;
and
4. Copy of the permanent account number (“PAN”) card of
the partnership firm/ limited liability partnership and in
case the copy of the PAN card is not available, an
affidavit stating the reason for not holding a valid
PAN card on a stamp paper of Rs.100/- (Rupees One
Hundred only) in lieu of the PAN card shall be
submitted.
(v) Companies shall be required to upload any two documents
evidencing the identity and address proof of the company and
the following documents:
1. Certificate of incorporation;
2. A resolution from the shareholders/ Board of Directors
granted to its managers, officers or employees to transact
on its behalf with respect to the matters contemplated
herein; and
3. Copy of the permanent account number (“PAN”) card of
the company and in case the copy of the PAN card is not
available, an affidavit stating the reason for not
holding a valid PAN card on a stamp paper of
Rs.100/- (Rupees One Hundred only) in lieu of the
PAN card shall be submitted.
It is clarified no power of attorney would be accepted
and the person authorized to act on behalf of a
company must be so authorized only by means of a
resolution of the board or shareholders of the
company.
(g) The Seller shall have the right to forfeit the EMD and any other
monies of the Bidders in the event that any of the documents
uploaded by the Bidders on the Platform pursuant to Clause 2.4
and Clause 2.5 is found to be incorrect or in the event that the
Seller has, pursuant to its verification of such documents,
discovered any misrepresentation on the part of the Bidder.
(h) Any queries can be addressed to Office of the Special Officer and
Competent Authority, IMA and Other KPIDFE cases, Bengaluru
Contact Number: 6364403715 Contact Email: splocaeauction@[Link]
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
(i) With regards to the Online E-Auction, Bidders can participate in
the auction from anywhere.
Therefore, any intending Bidder who is an individual/ Non-
Resident Indian or Karta of HUF, shall participate in the auction on
his own behalf and representatives shall not be allowed to
participate in the auction through any third party such as an
authorized agent/ representative.

2.4.2 Duration of Auction

sale

(a) The auction will be conducted via Karnataka Public Procurement

Portal [Link]
(b) Online e-auction sale will commence and be carried out as per
the timelines set out in clause 3.1
(c) The e-Auction shall commence strictly at the scheduled
time and above the highest quotation received (not below
the Reserve Price). The bids shall be in multiples of bid
multiplier provided in the Notice of Sale. The closing time of
the auction is system controlled and the time will get
automatically extended by five minutes if any bid is
received during the last five minutes, i.e., while active bid is
in process.
(d) Eligible Bidders are advised to enter their bid accordingly
keeping in mind the 5 (five) minute duration as specified
above.
(e) No complaint on the time-factor for bidding or paucity of time
for bidding will be entertained by the Service provider and/ or
the Seller.

2.4.3 Intimation to the Successful

Bidder
The Eligible Bidder submitting the highest bid (“Successful
Bidder”) after the conclusion of the E- Auction shall be informed by
Seller through an email sent on their registered email-id. Date of
such communication to the highest bidder will be considered as the
date of receipt of the Intimation i.e. Date of Intimation.

2.5 Payment Schedule and verification of

Documents 2.5.1: Payment Procedures:
(a) The Successful Bidder shall submit Identification Format duly filled
in and signed immediately after being intimated as successful
bidder as provided in Para 2.4.3. (Format in Annexure 4)
(b) The Successful Bidder shall pay as per the schedule mentioned in
3.1.

(c) The Account details of submitting the payment will be

informed to the successful bidder by the seller or the service
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
provider via email.
(d) All the payments of the bid amount made by the Successful
Bidders shall be made through RTGS/ NEFT to the COMPETENT
AUTHORITY Acc. No:40950902055, IFSC Code:
SBIN0040277, STATE BANK OF INDIA, VIDHANA SOUDHA
Branch, BENGALURU The above information shall be
intimated to the Seller by email as mentioned in Clause 2.4.3
immediately together with the unique number given to the
property, UTR No. and a challan copy relating to the said
payment. The payments of the bid amounts shall be made by
the Successful Bidder from the same bank account from which
he has made payment of the EMD amounts.
(e) If any amount required to be paid by the Successful Bidder is
not paid within the specified time, the cost of auction shall be
recovered from the EMD and the balance shall be forfeited at
the discretion of Seller, either in full or part.
(f) The Successful Bidders would be required to provide the Seller,
at any time within a period of 15 (fifteen) days from the date
of the Intimation, originals of all the documents whose copies
they have uploaded under Clause 2.4.1(e) and Clause 2.4.1(f)
above for KYC verification purposes.

2.5.2 : Default in Payment

In case the Successful Bidder has paid some part of the Bid
amount within the time period stipulated in Clause 3.1, but
fails to pay the further amounts within the time period
stipulated in Clause 3.1, the entire amount paid by the
Successful Bidder (including EMD amount) shall be forfeited.

2.5.3 : Confirmation of Sale

(a) The Successful Bidder shall not have any right/title over the
Properties until a sale certificate is issued in his favour by the
Seller in accordance with law.
(b) No request for cancellation of the sale or return of the deposit,
either in part or full, will be entertained.
(c) Representations/objections from the Successful Bidder will not
be entertained post issuance of the sale certificate.

2.5.4 : Payment of Stamp Duty, taxes, etc.

(a) The sale attracts Tax Deduction at Source, stamp duty,
registration charges, etc. as per relevant provisions of laws.
(b) The Successful Bidder shall bear all the necessary expenses
like applicable stamp duties/ additional stamp duty / transfer
charges, registration expenses, fees, etc., for transfer of the
Property (ies) in his / her name.
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
(c) The payment of all statutory / non-statutory dues, taxes, rates,
assessments, charges, fees, etc., owed to anybody in respect
of the Properties shall be the sole responsibility of the
Successful Bidder only.
(d) Taxes, if applicable on sale shall be borne by the successful bidder.

2.5.5 : Sale Certificate

(a) The sale certificate will be issued by the Seller only in
accordance with the law within 15 days of the intimation to the
successful bidder. No request for inclusion/substitution of
name, other than those mentioned in the submitted Form, in
the sale certificate will be entertained.
(b) Sale certificate shall be collected in person by the Successful
Bidder or through an authorized person.

2.5.6 : Return of the EMD

The EMD of the unsuccessful Bidders will be returned within 30
days from the date of e-auction without any interest through
NEFT/RTGS to the same bank account from which the EMD was
received and intimated via their e-mail ID.

2.5.7 : Stay/Cancellation of the Sale

(a) In case of further pursuant proceedings of any 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.
(b) The Seller shall also have the right to postpone/ cancel the
sale of the Properties, for reasons to be recorded in the
proceedings. In case of adjournment of sale for any reason, no
fresh notice of sale will be given. However, the new date of
sale will be informed through e-mail and/or notified on the
website of the service provider and the adjournment dates
and time for submission of tenders will also be available on the
website of the Service provider.

2.5.8 : Delivery of Property Document if Available

(a) After issue of Sale Certificate, the Seller shall execute a sale
deed in favour of the successful bidder conveying the property
put for auction. Thereafter, the successful bidder shall get the
sale deed registered in the jurisdictional Sub-Registrar by
paying applicable stamp duty and registration fee etc.
2.6: Delivery of possession
(a) After obtaining the sale certificate and getting the sale deed
registered with appropriate authorities under applicable laws,
the Successful Bidder is entitled to obtain possession of the
Property. The Khata / RTC transfer shall be effected by the
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
concerned land management authority with NOC from the
holder if required (Seller).
(b) All expenses and incidental charges thereto shall be borne by the
Successful Bidder.
2.7: Other Conditions
(a) The bids shall be submitted by the Eligible Bidders and the
Property (ies) shall be acquired by the Successful Bidder in
compliance with applicable laws including foreign exchange
laws and tax laws, as applicable.
(b) No officer or other person having any duty to perform in
connection with any sale, either directly or indirectly, can bid
for, acquire or attempt to acquire any interest in the Properties
sold.
(c) No counter-offer/conditions by the Bidder, Eligible
Bidder and/or Successful Bidder will be entertained.
(d) The Seller shall have no liberty to amend/ modify/ delete any
of the conditions of the Tender Document or Notice of Sale as
may be deemed necessary in the light of facts and
circumstances of each case.
(e) The Seller shall have the right to accept or reject all or any bid
or bids as well as to postpone or cancel the sale for reasons to
be recorded in the proceedings.
(f) Bidders shall be deemed to have read and understood all the
conditions of sale, the Tender Document, the Order and the
Notice of Sale and are bound by the same.
(g) The above terms and conditions are general in nature, subject
to change and are in addition to other specific conditions given
in the Tender Document and Notice of Sale.
(h) Bidders are advised to preserve the EMD and documents
pertaining to
other deposits/ payments made by it and also a copy of the
terms and conditions of the Online Form downloaded from the
portal and other documents uploaded by it on the Platform for
future reference
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
3. AUCTION
SCHEDULE
3.1 Address of the Property, Bid Starting Price, and EMD
PROPERTY DETAILS
SI DETAILS OF THE PROPERTY MINIMUM BID EMD Bid Increase
No (Clear Title by Court in order No. MISC No. 868/2022) PRICE (Rs) (Rs) Value (Rs)
Village Hobli Taluk District Sy No Area
1 Baradanapura Jayapura Mysore Mysore 8/3 0 Acre 9 Guntas 18,00,000/- 1,80,000/- 18,000/-
Google Location: [Link]
Latitude and Longitude: 12°12'30.9"N 76°33'13.9"E
2 Baradanapura Jayapura Mysore Mysore 8/7 0 Acre 9 Guntas 18,00,000/- 1,80,000/- 18,000/-
Google Location: [Link]
Latitude and Longitude: 12°12'30.9"N 76°33'13.9"E
3 Baradanapura Jayapura Mysore Mysore 8/9 0 Acre 8 Guntas 16,00,000/- 1,60,000/- 16,000/-
Google Location: [Link]
Latitude and Longitude: 12°12'30.9"N 76°33'13.9"E
4 Baradanapura Jayapura Mysore Mysore 8/10 0 Acre 9 Guntas 18,00,000/- 1,80,000/- 18,000/-
Google Location: [Link]
Latitude and Longitude: 12°12'30.9"N 76°33'13.9"E
5 Baradanapura Jayapura Mysore Mysore 8/11 0 Acre 9 Guntas 18,00,000/- 1,80,000/- 18,000/-
Google Location: [Link]
Latitude and Longitude: 12°12'30.9"N 76°33'13.9"E
6 Baradanapura Jayapura Mysore Mysore 37 1 Acre 38 Guntas 1,56,00,000/- 15,60,000 1,56,000/-
Google Location: [Link]
/-
Latitude and Longitude: 12°12'48.6"N 76°32'49.2"E
7 Baradanapura Jayapura Mysore Mysore 38/1 0 Acre 35 Guntas 70,00,000/- 7,00,000/- 70,000/-
Google Location: [Link]
Latitude and Longitude: 12°12'48.6"N 76°32'49.2"E
8 Doddakavalande Doddakavalande Nanjanagudu Mysore 76/1B 0 Acre 38 Guntas 26,99,000/- 2,70,000/- 27,000/-
Google Map: [Link]
Latitude and Longitude : 12.0287260, 76.8098380

9 Doddakavalande Doddakavalande Nanjanagudu Mysore 76/2 2 Acre 10 Guntas 80,61,000/- 8,06,000/- 80,000/-
Google Map: [Link]
Latitude and Longitude : 12.0287260, 76.8098380

10 Doddakavalande Doddakavalande Nanjanagudu Mysore 77/1 1 Acre 27 Guntas 35,17,500/- 3,52,000/- 35,000/-
Google Map: [Link]
Latitude and Longitude : 12°01'45.9"N 76°48'32.9"E
11 Doddakavalande Doddakavalande Nanjanagudu Mysore 78 6 Acre 19 Guntas 1,35,97,500/- 13,60,000 1,36,000/-
Google Map: [Link]
 Latitude and /-
Longitude : Properties are free of all encumbrances and are in the name of Competent
12°01'45.9"N Authority appointed by Government and confirmed by the Special Court under
76°48'31.3"E
Madapura KPIDFE Act, 2004.
12 63,000/-
Hullahalli Nanjanagudu Mysore 160/1 2 Acre 20 Guntas 62,50,000/- 6,25,000/-
Google Map: [Link]
Latitude and Longitude : 12°03'12.5"N 76°33'03.9"E
13 Madapura Hullahalli Nanjanagudu Mysore 160/2 2 Acre 18 Guntas 61,25,000/- 6,13,000/- 62,000/-
Google Map: [Link]
Latitude and Longitude : 12°03'12.5"N 76°33'03.9"E
14 Madapura Hullahalli Nanjanagudu Mysore 161/2 1 Acre 20 Guntas 37,50,000/- 3,75,000/- 38,000/-
Google Map: [Link]
Latitude and Longitude : 12°03'10.9"N 76°32'59.2"E
15 Ramashettypura Doddakavalande Nanjangudu Mysore 67/2 2 Acre 13 Guntas 24,41,250/- 2,45,000/- 25,000/-
Google Map: [Link]
Latitude and Longitude : 12°02'25.6"N 76°52'06.3"E
16 Ramashettypura Doddakavalande Nanjangudu Mysore 99/1A 0 Acre 26 Guntas 6,82,500/- 69,000/- 7,000/-
Google Map: [Link]
Latitude and Longitude : 12°01'57.7"N 76°52'44.6"E
17 Ramashettypura Doddakavalande Nanjangudu Mysore 100/1A 0 Acre 10 Guntas 2,62,500/- 27,000/- 3,000/-
Google Map: [Link]
Latitude and Longitude : 12°01'59.5"N 76°52'48.7"E
18 Ramashettypura Doddakavalande Nanjangudu Mysore 100/1B 0 Acre 28 Guntas 7,35,000/- 74,000/- 8,000/-
Google Map: [Link]
Latitude and Longitude : 12°01'59.5"N 76°52'48.7"E
19 Ramashettypura Doddakavalande Nanjangudu Mysore 100/2C 0 Acre 23 Guntas 6,03,750/- 61,000/- 7,000/-
Google Map: [Link]
Latitude and Longitude : 12°01'59.5"N 76°52'48.7"E
20 Muduguru Therakanambi Gundlapete Chamarajanagar 63/2 1 Acre 16 Guntas 12,60,000/- 1,26,000/- 13,000/-
a
Google Map: [Link]
Latitude and Longitude : 11°51'44.5"N 76°46'26.9"E
21 Vijayapura Thalakadu T Narasipura Mysore 131/2 0 Acre 39 Guntas 59,000/- 6,000/-
5,85,000/-
Google Map: [Link]
Latitude and Longitude : 12°12'41.3"N 77°03'27.0"E
22 Dasanuru Doddakavalande Nanjangudu Mysore 134/4 0 Acre 29 Guntas 6,16,250/- 62,000/- 7,000/-
Google Map: [Link]
Latitude and Longitude : 12°02'38.7"N 76°52'31.6"E

23 Dasanuru Doddakavalande Nanjangudu Mysore 190/2 1 Acre 22 Guntas 14,72,500/- 1,48,000/- 15,000/-
Google Map: [Link]
Latitude and Longitude : 12°02'47.3"N 76°52'32.6"E
(Clear Title by Court in order No. MISC No. 701/2022)

24 Nittahalli Kukanooru Kukanooru Koppala 19/1 4 Acre 35 Guntas 1,70,62,500/- 17,07,000 1,71,000/-
Google Map: [Link]
/-
Latitude and Longitude: 15°27'22.9"N 76°00'54.1"E
25 Nittahalli Kukanooru Kukanooru Koppala 22/2 4 Acre 16 Guntas 1,54,00,000/- 15,40,000 1,54,000/-
Google Map: [Link]
/-
 Latitude and
Longitude: Properties are free of all encumbrances and are in the name of Competent
15°27'36.7"N Authority appointed by Government and confirmed by the Special Court under
76°00'47.7"
Nittahalli KPIDFE Act, 2004.
26 58,000/-
Kukanooru Kukanooru Koppala 21 1 Acre 26 Guntas 57,75,000/- 5,78,000/-
Google Map: [Link]
Latitude and Longitude: 15°27'26.6"N 76°00'48.8"E

Clear Title by Court in order No. MISC No. 597/2022

27 Kodagu District, Somavarapete Town panchayat ward Sy No.181 Extent: 0-01 cents; Sy No.181/1 Extent: 0-01 cents; 2,40,00,000/- 24,00,000 2,40,000/-
Sy No.181/2 Extent: 0-14 cents; Total extent of Area 0-16 cents.
/-
Google Map: [Link]
Latitude and Longitude: 12°35'54.3"N 75°51'04.7"E
Clear Title by Court in order No. Criminal MISC No. 919/2017

28 Khata No.2687/A, Assesment No.2737/A, Site No.69/A measuring 22*45 located at Vidyanagar, Jagaluru Town, 14,85,000/- 1,49,000/- 15,000/-
Davanagere District.
Google Map: [Link]
Latitude and Longitude : 14°31'01.0"N 76°20'24.1"E
Clear Title by Court in order No. MISC No. 598/2022

29 One RCC Building measurement 28*30 located at Main Road, Yalandoor town, Chamarajanagar District. 21,63,720/- 2,17,000/- 22,000/-
[Link]
Latitude and Longitude : 12.0482541,77.0300389
30 One RCC Building measurement 49*50*60 located at Vasavi Vidya Kendra Road, Kollegala town. 68,95,998/- 6,90,000/- 69,000/-
[Link]
Latitude and Longitude: 12.1535081,77.1095582
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
Date & Time of pre bid 09-09-2024
1 meeting

Date & Time of Inspection 10-09-2024

2 (on formal written request
only)
Last Date of Submission of 12-09-2024
3 Bids & EMD submission
Date of E-auction 13-09-2024
4

Payment of next 15% of Within 72 Hours of being intimated as

5 highest bid amount by the successful bidder
Successful Bidders
Payment of balance 27-09-2024
6 amount of highest bid
amount by
the Successful Bidders
Issuance of Sale Certificate To be issued by the Competent
7 Authority
Issuance of Tender 12-08-2024
8 Document

*Any changes in the above mentioned timelines shall be intimated to the

Bidders.

3.2 All intending bidders/ Bidders are advised to:

(a) Comply with all the prevailing laws, regulations, and rules, as
applicable for purchase of immovable property in India.
(b) Inspect the immovable property(ies) and satisfy themselves
before taking part in the auction and filling the Online Form.
(c) Make their own independent enquiries regarding the Property
(ies) put on auction in respect of the Property (ies), prior to
submitting their EMD/ bid on the auction platform.
(d) Read the terms and conditions of sale carefully before submitting
bids.
(e) Download and keep a copy of duly filled in uploaded Online
Form, terms and conditions of the Online Form as well as the
Notice of Sale for their future reference.
(f) Make the bid and all communications in relation to or
concerning the Tender Document and the bid, in the English
language.
(g) Bear all of their own costs associated with the preparation of
their bids and their participation in the auction process.
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.

3.3 Verification of information by the Bidders

It shall be deemed that by participating in the auction process, the
Bidder has:
(a) made a complete and careful examination of the Tender
Document and Notice of Sale and unconditionally and
irrevocably accepted the terms thereof; and reviewed all
relevant information provided by the Seller, as may be
relevant to the auction process;
(b) satisfied itself about all matters regarding the auction process
required for submitting a bid in accordance with this Tender
Document and performance of all of its obligations hereunder;
(c) acknowledged and agreed that inadequacy, lack of completeness
or incorrectness of information provided in the Tender Document
or ignorance of any of the matters related to the auction process
or the Properties shall not be a basis for any claim for
compensation, damages, extension of time for performance of its
obligations, loss of profits etc., from the Seller; and
(d) Agreed to be bound by the undertakings provided by it under and
in terms hereof.
3.4 Verification and Disqualification
(a) The Seller reserves the right to verify (in accordance with the
provisions of this Tender Document) all statements, information
and documents submitted by the Bidder in response to the Tender
Document and the Bidder shall, when so required by the Seller,
make available all such information, evidence and documents as
may be necessary for such verification. Any such verification or
lack of such verification by the Seller shall not relieve the Bidder of
its obligations or liabilities hereunder nor will it affect any rights of
the Seller there under.
(b) Without prejudice to any other right or remedy that may be
available to the Seller under this Tender Document, the Seller
reserves the right to disqualify the Bidder, cancel the sale and to
appropriate the entire EMD and other amounts paid, if:
(i) at any time, a misrepresentation on part of the Bidder is
made or uncovered;
(ii) the Bidder does not provide, within the time specified by the
Seller, the supplemental information/ documentation sought
by the Seller, or
(iii) Any act or omission of the Bidder results in violation of or
non-compliance with the Tender Document and/ or any other
document referred herein or issued pursuant thereto or any
applicable law relevant for the auction process.
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
4. FRAUD AND CORRUPT PRACTICES
The Bidders and their respective officers, employees, agents and
advisers shall observe the highest standard of ethics during the auction
process. Notwithstanding anything to the contrary contained herein,
the Seller may reject a bid without being liable in any manner
whatsoever to the Bidder, Eligible Bidder or the Successful Bidder, as
the case may be, if the Seller determines that the Bidder, Eligible
Bidder or Successful Bidder, as the case may be, has, directly or
indirectly or through an agent, engaged in Corrupt Practice, Fraudulent
Practice, Coercive Practice, Undesirable Practice or Restrictive Practice
in the auction process. In such an event, the Seller shall be entitled to
forfeit and appropriate the EMD and other amounts paid, as damages,
without prejudice to any other right or remedy that may be available to
the Seller under this Tender Document or otherwise.
4.1 For the purposes of this Clause 4, the following terms shall have the
meaning hereinafter respectively assigned to them:
(a) “Corrupt Practice” means (i) the offering, giving, receiving, or
soliciting, directly or indirectly, of anything of value to influence
the actions of any person connected with the auction process (for
avoidance of doubt, offering of employment to or employing or
engaging in any manner whatsoever, directly or indirectly, any
official of the Seller/ the service provider who is or has been
associated in any manner, directly or indirectly, with the auction
process or has dealt with matters concerning this Tender
Document or arising there from, at any time prior to the expiry of
1 (one) year from the date such official resigns or retires from or
otherwise ceases to be in the service of the Seller, shall be
deemed to constitute influencing the actions of a person
connected with the auction process); or (ii) save and except as
permitted under this Tender Document, engaging in any manner
whatsoever, during the auction process or prior to confirmation of
the sale, any person in respect of any matter relating to the
auction process or confirmation of the sale, who at any time has
been or is a legal, financial or technical adviser of the Seller in
relation to any matter concerning the auction process;
(b) “Fraudulent Practice” means a misrepresentation or
omission of facts or suppression of facts or disclosure of
incomplete facts, in order to influence the auction process;
(c) “Coercive Practice” means impairing or harming, or
threatening to impair or harm, directly or indirectly, any person
or property to influence any person’s participation or action in
the auction process;
“Undesirable Practice” means (i) establishing contact with any person
connected with or employed or engaged by the Seller/ the service
provider with the objective of canvassing, lobbying or in any manner
influencing or attempting to influence the auction process; (ii) having a
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
conflict of interest; or (iii) violating of any applicable law; and
(d) “Restrictive Practice” means forming a cartel or arriving at
any understanding or arrangement among Bidders with the
objective of restricting or manipulating a full and fair
competition in the auction process.
5. MISCELLANEOUS
5.1 The auction process shall be governed by, and construed in
accordance with; the laws of India and any dispute arising out of
the auction sale of the Properties or this Tender Document shall
be decided by the Seller, whose decision shall be final and
binding.

5.2 The Seller, in its sole discretion and without incurring any
obligation or liability, reserves the right, at any time, to:
o consult with any Bidder in order to receive clarification or
further information;
o retain any information and/ or evidence submitted to the
Seller on behalf of, and/ or in relation to any Bidder; and/ or
o Independently verify, disqualify, reject and/ or accept any
and all submissions or other information and/ or evidence
submitted by or on behalf of any Bidder.
5.3 It shall be deemed that by submitting the bid, the Bidder agrees
and releases the Seller, its employees, subsidiaries, agents and
advisers, irrevocably, unconditionally, fully and finally from any
and all liability for claims, losses, damages, costs, expenses or
liabilities in any way related to or arising from the exercise of any
rights and/ or performance of any obligations hereunder,
pursuant hereto and/ or in connection with the auction process
and waives, to the fullest extent permitted by applicable laws,
any and all rights and/ or claims it may have in this respect,
whether actual or contingent, whether present or in future.
5.4 Proprietary data
All documents and other information supplied by a Bidder to the
service provider/ the Seller shall remain or become the property
of the Seller. It will not return any bid or any information provided
by the Bidder.
5.5. Working Week/days
The Working week /days would consist of all days from Monday to
Friday and would exclude all public and bank holidays.
6. DISCLAIMER
6.1 The Service provider and the Seller accept no responsibility for the
accuracy or otherwise for any statement contained in this Tender
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
Document.
6.2 The Seller/ Service provider also accept no liability of any nature
whether resulting from negligence or otherwise whatsoever caused,
arising from reliance of any Bidder upon the statements contained in
this Tender Document.
6.3 The details of the Properties as stated in the Notice of Sale and under
this Tender Document are as per the details as made available with the
Seller based on the document and information furnished in terms of the
Order of the KPID Court and neither the Seller nor the Service provider
shall, in any way, be responsible for any variation in the extent of the
Properties due to any reason.
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
ANNEXURE 1
Bid Form for Immovable Property
(Read carefully the terms and conditions of sale before filling-
up, printing out, signing and uploading the online-form)

SI. No Particulars Details

1 Name of the Bidder (s) Click or tap here to enter text.

(In Capital Letters)

2 Father’s/Husband Name# Click or tap here to enter text.

3 Type of Bidder (Select One)

3A Individuals Indian citizen

Non- resident Indian
Hindu Undivided Family “karta”
3B Organization Sole Proprietorship
Partnership Firm
Limited Liability Partnership
Company
Trust/Association
Others- Specify.
4 Name of Authorized Click or tap here to enter text.
Signatory#
5 Postal/Registered Address for Click or tap here to enter text.
correspondence

6 Registration details of Click or tap here to enter text.

firm/company
(CIN/ Registration
number*)
7 PAN* Click or tap here to enter text.

8 Phone No/Mobile No Click or tap here to enter text.

9 Email ID Click or tap here to enter text.

10 Property Details (as per Click or tap here to enter text.

tender document)
11 EMD details Date of Remittance: Click or tap to enter a date.
Bank & Branch: Click or tap here to enter text.
A/c. No.: Click or tap here to enter text.
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
IFSC Code: Click or tap here to enter text.
UTR No.: Click or tap here to enter text.

12 Date of submission of bid Click or tap to enter a date.

13 Bid amount Rs.(in Numerals): Click or tap here to enter text.

Rupees (in words): Click or tap here to enter text.

14 Bank Account to which Bank & Branch: Click or tap here to enter text.
EMD to be returned
A/c. Holder: Click or tap here to enter text.
A/c No: Click or tap here to enter text.
IFSC Code: Click or tap here to enter text.

15 Name of Authorized Click or tap here to enter text.

Official to participate in
the e-auction
* In case the bidder is not having a PAN Card, he/ she shall
submit an affidavit on a Rs.20/-non-judicial stamp paper, stating
the reasons for exemption from Rule 114B of the Income Tax
Rules, 1962.
#As applicable

I declare that I have read and understood all the terms and conditions of the
Auction sale with respect to the properties and shall abide by them and I hereby
authorize Click or tap here to enter text. to participate in the auction on my
behalf (put a “Not Applicable” if no one is authorized.)

(Signature of the Bidder)

 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
ANNEXURE 2
Declaration by the Bidders
(To be submitted along with Bid Form)
Date:
To
THE SPECIAL OFFICER AND COMPETENT
AUTHORITY
(IMA & OTHER SCAMS)
3rd FLOOR, PODIUM BLOCK, VV TOWERS [Link] ROAD,
VASANTH NAGAR BENGALURU – 560001

Sir,
I/We, the Bidder/s aforesaid do hereby state that, I/We have read the
entire terms and conditions of the sale and the terms and conditions of
the Tender Document No. (“Tender Document”) for sale of the
properties specified there under (“Properties”) and have understood
them fully. I/We, hereby unconditionally agree to conform with and to
be bound by the said terms and conditions and agree to take part in the
auction process. I/We understand that we have no right/authority to
alter/add any of the bid terms and conditions.
1. I/We declare that the earnest money deposit and other deposit
towards purchase-price have been made by me/us as against my/our
bid and that the particulars of remittance and all other information
and details given by me/us in the online form is true and correct.
2. I/We further declare that the information revealed by me/us in the
online form is true and correct. I/ We understand and agree that if
any of the statement/ information revealed by me/us is found to be
incorrect and/or untrue, the bid submitted by me/us is liable to be
cancelled and in such case, the earnest money deposit and / or any
other monies paid by me/us is liable to be forfeited by the Seller and
the Seller will be at liberty to annul the offer made to me/us at any
point of time.
3. I/We also agree that after my/our offer given in my/our bid for
purchase of the Properties is accepted by the Seller and if, I/We fail
to accept or act upon the terms and conditions of the sale or am/are
not able to complete the transaction within the time limit specified
for any reason whatsoever and/or fail to fulfil any/all the terms and
conditions of the auction and offer letter, the earnest money deposit
and any other monies paid by me/us along with the online form and
thereafter, are liable to be forfeited.
4. I/We understand that the earnest money deposit of all Bidders shall
be retained by the Seller and returned only after the successful
conclusion of the sale of the Properties. I/We state that I/We have
fully understood the terms and conditions therein and agree to be
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
bound by the same.
5. I/ We confirm that our participation in the auction process,
submission of bid or acquisition of the Property(ies) pursuant to the
provisions of the Tender Document will not conflict with, or result in
a breach of, or constitute a default under (i) our constitutional
documents; or (ii) any applicable laws; or (iii) any authorization or
approval of any government agency or body; or (iv) any judgment,
order, injunction, decree, or ruling of any court or governmental
authority, domestic or foreign binding on me/ us; or (v) any
agreement to which I am/ we are a party or by which I am/ we are
bound.
6. The decision taken by the Seller with respect to the selection of the
Successful Bidder and communicated to us by the Seller shall be
binding on me/us.
7. I/ We also undertake to abide by the additional conditions if
announced during the auction including the any announcement for
correction of and/or additions or deletions to the time of the auction
and Properties being offered for sale.
8. I/We also confirm that I/ we have taken training on the on-line
bidding/auction and confirm that I’ am/ we are fully conversant with
the functionality and process.
9. I/We confirm that the service provider and/or its vendors, shall not be
liable and/ or responsible in any manner whatsoever for my/our
failure to access and bid on the auction platform due to loss of
internet connectivity, electricity failure, virus attack, problems with
the PC, any other unforeseen circumstances etc. before or during the
auction event.
10. I/ We, hereby confirm that I/ we will honour the bids placed by me/ us
during the auction process.

Signature

Name:

Address:

E-mail ID:

Mobile:
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
ANNEXURE 3-
Technical Terms and Conditions of Auction Sale
1. Intending bidders shall have a valid e-mail ID, valid PAN Card (unless
exempted in terms of the Tender Document) and KYC document to
register with the Auction Service Provider.
2. Intending bidders have to register with the Auction Service Provider as
per the procedure intimated to them via email under Clause 2.1 of the
Tender Document.
3. Only upon verification of the Online Form and confirmation of
remittance of EMD will the Eligible Bidders be declared and thereafter,
permitted to access the Platform for bidding for a particular Property.
4. Bidders should not disclose their User ID as well as password and other
material information relating to the bidding to anyone to safeguard its
secrecy.
5. Bidders are advised to change the password immediately on receipt
thereof
6. The declaration as per the format set out in Annexure 2 must be
executed in accordance with applicable law and it must be issued in
accordance with the constitutional documents of the Bidder, if
applicable, after obtaining all corporate approvals as may be required.
The extract of constitutional documents and certified copies of the
corporate approvals must be enclosed with the declaration. In case of
Bidder being an individual, the declaration must be personally signed
by the Bidder. In case the Bidder is not an individual, the declaration
must be signed by a person who is in full time employment of the
Bidder and duly authorized to sign the same.
7. All the aforementioned documents and those specified in Clause 2.4(c)
and Clause 2.4(d) of the Tender Document are required to be uploaded
on the Platform and the original physical copies thereof shall be
provided by the Successful Bidder to the service provider/ Seller in
accordance with the Tender Document
8. All bids placed are legally valid bids and are to be considered as bids
from the Bidder himself. Once the bid is placed, the Bidder cannot
reduce or withdraw the bid for whatever reason. If done so, the EMD
amount shall be forfeited.
9. The highest and the latest bid on the auction shall supersede all the
previous bids of the respective Bidders. The Bidder with the highest
offer/ bid does not get any right to demand for acceptance of his bid.
10. The Bidder shall be solely responsible for all consequences arising out
of the bid submitted by him (including any wrongful bidding) and no
complaint/ representation will be entertained in this regard by the
Service provider / the Seller. Hence, Bidders are cautioned to be careful
to check the bid amount and alter/rectify their bid if required before
confirming the bid submitted.
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
11. After the conclusion of the auction for Property, the Successful Bidder
shall be informed by email by the Seller of the outcome of the auction.
A separate Intimation shall also be sent to the Successful Bidder. Date
of sending the e-mail will be considered as the date of receipt of the
Intimation i.e. Date of Intimation.
12. Bidders may encounter certain unforeseen problems such as time lag,
heavy traffic, and system/ power failure at the Bidder’s end. To avoid
losing out on bidding because of above-mentioned reasons, it is advised
not to wait for the last moment.

Sd/-
Special Officer & Competent Authority
(IMA & Other Scam) Bengaluru.

Place: Bengaluru
Date: August 12, 2024
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.

Annexure 4: Identification Format

Every successful bidder shall submit the identification format duly filled in with recent
photograph for verification and record in the format given below:

PHOTO & SIGNATURE IDENTIFICATION OF AUCTION PURCHASER/S

I, Smt /Sri Click or tap here to enter text.

W/o, S/o, D/o, Click or tap here to enter text.

Recent Passport Size
Smt /Sri Colour Photo facing
Participated in Click or tap here to enter text. camera, of the Primary
Auction Number
For Property Click or tap here to enter text.
Number
Property Name Click or tap here to enter text.

Dimension Click or tap here to enter text.

Location Click or tap here to enter text. Applicant only, ink

signed across the photo

CONTACT DETAILS
1. E-mail address Click or tap here to enter text.
2. Mobile Number Click or tap here to enter text.
3. AADHAAR Number Click or tap here to enter text.
4. PAN Number Click or tap here to enter text.
5. Communication Address Click or tap here to enter text.

6A. Bank A/c No. & Branch Click or tap here to enter text.

6B. IFSC CODE Click or tap here to enter text.

FOLLOWING DETAILS FOR JOINT REGISTRATION (If any)

Sl. No Name Relation Stamp size Photo PAN AADHAR Signature
& Age Number Number
(Above
18 years
only)
Click Click or tap Click or Click or Click or Click or tap
or tap here to tap here to tap here to here to
here to enter text. tap here enter text. enter text. enter text.
enter
text. to enter

text.
 Properties are free of all encumbrances and are in the name of Competent
Authority appointed by Government and confirmed by the Special Court under
KPIDFE Act, 2004.
Click Click or tap Click or Click or Click or tap
or tap here to Click or tap here to tap here to here to
here to enter text. enter text. enter text. enter text.
enter tap here
text.
to enter

text.

Click Click or tap Click or Click or Click or Click or tap

or tap here to tap here to tap here to here to
here to enter text. tap here enter text. enter text. enter text.
enter
text. to enter

text.

Click Click or tap Click or Click or Click or Click or tap

or tap here to tap here to tap here to here to
here to enter text. tap here enter text. enter text. enter text.
enter
text. to enter

text.

Note:
1. Joint Registration can’t substitute the Primary applicant.
2. Other than the joint registrations indicated above during auction, no other joint
registrations will be considered at the time of registration of the property.
3. Only the corporate representative who has attended the auction will be considered to sign
all of the firm's documentation and register the property. Other than him, none will be
considered.