2502201913-Farba Construction

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Property will be sold on ‘AS IS WHERE IS, AS IS WHAT IS AND WHATEVER THERE IS”

Basis

1 Name and address of the M/S FARBA CONSTRUCTIONS, PARTNERSHIP FIRM, - NAI
Borrower BASTI,NAUGAZA,AMROHA, PARTNERS- MOHD AZEEM S/O
RAEES AHMAD, NAI BASTI, NAUGAZA, AMROHA & SHRI FAIZAN
AHAMAD S/O AHSAN AHMAD, SHAHI CHABOOTRA, AMROHA .

2 Name and address of Stressed Assets Recovery Branch,


Branch, the secured State Bank of India,
creditor 2nd Floor, 2 – Tilak Marg,
Near National P.G.College
Hazratganj, Lucknow - 226001
3 Description of the EM of Residential house property aggregate area 140.52
immovable secured
sq.mtr.regd vide sale deed dated 20-09-2014,Bahi No. 1 . Zild
assets to be sold
no. 7033,page no. 339/376 at Sl.No.17403 at Sr. Amroha
situated at Khet no. 801.Plot No.26,ShashtriNagarAmroha,in
the name of Shri Mohd. Azeem S/o Shri
RaeesAhamadboundries- East - Rasta mustaeka West –
BaghKhasara No. 802North -Plot of Masood Ali South - Plot
No. 27 Shuzaul Rub

4 Details of the Nil


encumbrances known to
the secured creditor.
5 The secured debt for Total Dues Rs .19,82,367.56.as on01.03.2020 as per 13(2)
recovery of which the notice + Interest (09.12.2018) & other expenses thereon
property is to be sold (For loan of borrower at Sl No. 01)

6 Deposit of earnest EMD: Rs.2,14,000.00 being the 10% of Reserve price to be


money remitted by RTGS / NEFT to the Bank account or Demand
Draft draw in favour of SBI SARB LUCKNOW account (Shri
Ganesh Rice Mill ) Name of the Branch drawn on any
Nationalised or Scheduled Bank
7 Reserve price of the Rs.21.36 lac.
immovable secured
assets:
Project Vijay BPR
Bank account in which A/c No-30822747772, IFSC Code: SBIN0000125
EMD to be remitted. State Bank of India, Main Branch, Lucknow

Time:05:30 P.M Date: .25.03.2020


Last Date and Time
within which EMD to be
remitted:
8 Time and manner of The successful bidder shall deposit 25% of sale price,
payment after adjusting the EMD already paid, immediately, i.e. on
the same day or not later than next working day, as the
case may be, after the acceptance of the offer by the
Authorised Officer, failing which the earnest money
deposited by the bidder shall be forfeited.The Balance
75% of the sale price is payable on or before the 15th day
of confirmation of sale of the secured asset or such
extended period as may be agreed upon in writing
between the Secured Creditor and the e-Auction
purchaser not exceeding three months from the date of e-
Auction.
9 Time and place of public Date: .26.03.2020
e-Auction or time after
which sale by any other Time: 120 minutes from 12:00 P.M to 02:00 P.M with
mode shall be unlimited extension of 5 minutes each
completed.
10 The e-Auction will be https://sbi.auctiontiger.net
conducted through the
Bank’s approved service
provider.
e-Auction tender
documents containing e-
Auction bid form,
declaration etc., are
available in the website
of the service provider as
mentioned above
11 (i) Bid increment amount: Rs.50,000/-
(ii) Auto extension:
unlimited_ times. (limited unlimited extension of 5 minutes each
/ unlimited)
(iii) Bid currency & unit of INR
measurement
12 Date and Time during
which inspection of the
immovable secured Any time between .10 A.M. to 5 P.M. with mutual
assets to be sold and understanding.
intending bidders should
satisfy themselves about
the assets and their
specification.

Contact person with Name : .Shri P.P.Sinha &


mobile number Shri Dharmendra Kr Agarwal
Mobile No: .8127886622,7895629384,
13 Other conditions (a) Bidders shall hold a valid digital Signature Certificate issued
by competent authority and valid email ID (e -mail ID is
absolutely necessary for the intending bidder as all the relevant
information and allotment of ID and Pass word byM/s E-
Procurement Technologies Ltd may be conveyed through e-
mail.

(b) The intending bidder should submit the evidence of EMD


deposit like UTR number along with Request letter for
participation in the e-Auction, self-attested copies of (i) Proof of
Identification(KYC) Viz ID card/Driving Licence/Passport etc.,
(ii) Current Address -proof of communication, (iii) PAN card of
the bidder (iv) Valid e-mail ID (v) Contact number(mobile/Land
line of the bidder etc., to the Authorised Officer of State Bank of
India,SARB, 2 Tilak Marg, Cpaital House, Near National
P.G.College , Lukcnow by Date: 25.03.2020 and 05:30 P.M .
time. Scanned copies of the original of these documents can
also submitted to e-mail Id of Authorised Officer.

(c) Name of Eligible Bidders will be identified by the State Bank


of India, Stressed Assets Recovery Branch,Lucknow to
participate in online e-Auction on the portal
https://sbi.auctiontiger.net Vendor: M/s E-Procurement
Technologies Ltd who will provide user ID and Password after
due verification on PAN of the Eligible Bidders.

(d) The successful bidder shall be required to submit the final


prices, quoted during the e-Auction as per the annexure after
the completion of the e-Auction, duly signed and stamped as
token of acceptance without any new condition other than
those already agreed to before start of e-Auction.

(e) During e-Auction, if no bid is received within the specified


time, State Bank of India at its discretion may decide to revise
opening price / scrap the e-Auction process / proceed with
conventional mode of tendering.

(f) The Bank / service provider for e-Auction shall not have any
liability towards bidders for any interruption or delay in access
to the site irrespective of the causes.

(g) The bidders are required to submit acceptance of the terms


& conditions and modalities of e-Auction adopted by the
service provider, before participating in the e-Auction.

(h) The bid once submitted by the bidder, cannot be


cancelled/withdrawn and the bidder shall be bound to buy the
property at the final bid price. The failure on the part of bidder
to comply with any of the terms and conditions of e-Auction,
mentioned herein will result in forfeiture of the amount paid by
the defaulting bidder.

(i) Decision of the Authorised Officer regarding declaration of


successful bidder shall be final and binding on all the bidders.

(j) The Authorised Officer shall be at liberty to cancel the e-


Auction process / tender at any time, before declaring the
successful bidder, without assigning any reason.

(k) The bid submitted without the EMD shall be summarily


rejected. The property shall not be sold below the reserve
price.

(l) The conditional bids may be treated as invalid. Please note


that after submission of the bid/s, no correspondence regarding
any change in the bid shall be entertained.

(m) The EMD of the unsuccessful bidder will be refunded to


their respective A/c numbers shared with the Bank. The
bidders will not be entitled to claim any interest, costs,
expenses and any other charges (if any).

Date: 19.03.2020
Place: Lucknow AUTHORISED OFFICER
STATE BANK OF INDIA

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