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RECOVERY SECTION
PUNJAB NATIONAL BANK CIRCLE OFFICE REGENT HOUSE , SHIMLA
0177-2813355
e-mail cosmlitd@pnb.co.in , cosmlsamd@pnb.co.in
Whereas under section 13(2) of the „Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act
2002, the Authorized Officer has issued demand notice dated 26-11-2014 for the recovery of sum of Rs.2,67,74546/- (Rupees Two
crore sixty seven lacs seventy four thousand forty six.) plus intereset w.e.f 10-11-2014 and other costs and charges incurred by the
bank thereon from the borrowers/guarantors/mortgagors (herein referred to as borrowers). Further, In exercise of powers contained in
the „Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002, the Authorized Officer has
taken the possession of the under mentioned secured assets which are held as securities in respect of Loan/credit facilities granted to
M/S N.P. P. Energy Ltd Nahan . Whereas sale of the secured asset/s is to be made through Public E-auction for recovery of the
secured debt due to Punjab National Bank Branch Office ,NAHAN ,DISTT SIRMAUR (HP) amounting to Rs Rs Rs.2,67,74546/(Rupees Two crore sixty seven lacs seventy four thousand forty six.) plus intereset w.e.f 10-11-2014 and other costs and charges
incurred by the bank thereon.
The General Public is invited to bid either personally or by duly authorised agent.
SCHEDULE OF THE SECURED ASSETS
Name of
Borrower
M/S N.P P.
Energy Ltd .
Description of properties along with name of mortgagors
(Owner of the property)
Reserve
Price
Earnest
Money
Deposit
(EMD)
Amount and
Last date of
deposit
of
EMD
Date and
Time of
Inspection
Equitable mortgage of Industrial factory on first charge basis
comprising 3story building ( shed + Building) on 1 KANAL land
Situated at village Bhapura, G.T Road, Samalkha, District, Panipat,
HR.
100.00 (
Rs. One
cr.)
10.00
Rs. Ten lacs )
01-06-2015
BEFORE
4.00pm
05-06-2015
from 11.00 AM
to 1.00 PM
Equitable mortgage of Industrial factory on first charge basis
comprising Khashra no. 632/65/1/1 measuring 2B- 1V of plot at vill
Moginnd, Tehl Nahan, vide Regd sale deed no. 251/1 dated 12-042005
50.00
( Rs Fifty
lacs )
( inspection
only after prior
appointment
from Branch
Manager
Contact No
98055-17946
Rs.5.00
( Rs.Five lac )
BEFORE
4.00 PM
(Rs. in lacs)
Date and
Time of
Auction
06/06/2015
from 3.00
PM pm to
4:00 pm
with auto
extension of
5 minutes
TERMS AND CONDITIONS OF E-AUCTION SALE:
The sale shall be subject to the Terms & Conditions prescribed in the Security Interest (Enforcement) Rules 2002 and to the
following further conditions:
i.
ii.
iii.
iv.
v.
vi.
The properties are being sold on „AS IS WHERE IS” and “AS IS WHAT IS” BASIS.
The particulars of Secured Assets specified in the Schedule hereinabove have been stated to the best of the information of the
Authorised Officer, but the Authorised Officer shall not be answerable for any error, misstatement or omission in this
proclamation.
The secured asset will not be sold below the reserve price.
The auction sale will be “online through e-auction” portal http://pnbindia.biz
The bidders are also advised to go through the portal http://pnbindia.biz for detailed terms and conditions for e-auction sale
before submitting their bids and taking part in the e-auction sale proceedings and or contact Sh. Kashmir Singh, Chief
Manager, the Authorised Officer (Mobile No. 9816072865).
The interested bidders shall deposit the EMD by way of Demand Draft favouring “The Authorised Officer, Punjab National
Bank” or through NEFT/RTGS by 05/06/2015 before 4:00 PM to the following Account – EMD A/c E-auction CO
SHIMLA Account No3383002100021627 (IFSC Code PUNB0338300 )”The draft should
not be of a Cooperative-Bank.
vii.
viii.
ix.
x.
xi.
xii.
xiii.
xiv.
xv.
xvi.
xvii.
xviii.
xix.
xx.
Thereafter, on deposit of EMD, the bidders shall submit- 1.Proof of deposit of EMD (When remitted through NEFT/RTGS)
or Demand Draft in original (* Where payment by way of draft is stipulated for) 2. ID Proof, that is- Scanned copies of
PAN card etc. 3. Proof of residential address 4. (a)Bidder‟s Name (b) Mobile No./Contact No.(c) Address (d) E-Mail
Address(5)Bidder‟s A/C details for on line refund of EMD, if any. 5. The bidders other than individuals shall also
submit proper mandate for e-bidding. Bidder is to submit these documents through e-mail to the Authorised Officer/Nodal
Officer at e- mail address cosmlitd@pnb.co.in ; cosmsamdl@pnb.co.in and also to submit self attested hard copies of these
documents (Demand Draft in original) to the Authorised Officer, at Punjab National Bank, Circle Office, Shimla(HP)
mentioned hereinabove in the envelope super scribing as „Bid in the name of M/S N.P.P. Energy Ltd ” assets situated at
nd
Vill Bhapura G.T. Road, Samalkha District Panipat . Haryana and 2 property at Vill Moginand , Teh Nahan, Distt Sirmaur (
HP ) by 05/06/2015 before 1:00 PM
The interested bidders are required to obtain login ID and Password well in advance, which is mandatory for e-bidding, from
Mr. Amit Kumar Sr. Manager (Mobile No.09999063951or 0177-2657964.Circle Office Shimla – 171001 .The login ID and
Password would be sent through e-mail address as provided by the Bidder. In case bidder has not received the same,
he should contact the aforesaid official.
Only those bidders holding valid user ID & Password and confirmed payment of EMD through NEFT/RTGS/*Demand
Draft (* Where payment by way of draft is stipulated for) shall be eligible to participate in the on line e-auction.
The Authorised Officer reserves the right to accept any or reject all bids, if not found acceptable or to postpone/cancel
/adjourn/discontinue or vary the terms of the auction at any time without assigning any reason whatsoever and his decision in
this regard shall be final.
The bidders shall improve their offer in multiple of Rs.1.00 Lac (Rupees One Lac only). In case bid is placed in the last 5
minutes of the closing time of the auction, the closing time will automatically get extended for 5 minutes.
Auction would commence at the reserve price and bidders shall improve their offer as stated hereinabove. On closure of „on
line auction‟, the highest bidder shall be declared as successful bidder and such sale shall be subject to confirmation by the
Secured Creditor.
The successful bidder shall have to deposit 25% of the bid/sale amount immediately to the account mentioned at Sl. No. vi
above or by Demand Draft and the earnest money shall be adjusted towards 25% of the bid/sale amount. In case of default in
payment of the remaining 25% of the bid amount within the prescribed period, the amount deposited will be forfeited and the
secured asset will be resold.
The unsuccessful bidder shall take the EMD (without Interest) directly from the Punjab National Bank (Circle office/Branch/DRT
as the case may be) immediately on closure of the e-auction sale proceedings within 7 days as per the condition published in
the newspaper by the Authorised Officer.
The successful bidder shall be required to deposit the balance 75% of the bid amount within 15 days from the date of
confirmation of sale. In case of default in payment of the remaining 75% of the bid amount within the prescribed period, the
amount deposited will be forfeited and the defaulting purchaser shall forfeit all claims to the property or to any part of the sum
for which it may be subsequently sold.
If the dues of the bank together with all costs, charges and expenses incurred by them or part thereof as may be acceptable to
the bank are tendered by/on behalf of the borrowers or guarantor/s, at any time on or before the date fixed for sale, the sale of
asset may be cancelled.
All statutory dues/attendant charges/other dues including registration charges, stamp duty, taxes etc. shall have to be borne by
the purchaser.
The sale certificate shall be issued in the same name in which the Bid is submitted.
The bidders who do not have access to the internet but interested in participating in the e-auction, they can contact the Sh.
Amit kumar Sr. Manager (Mobile No- 09999063951 or 0177-2657964 ), Circle Office Shimla or the Bank shall not be
responsible for any charge, lien, encumbrances, or any other dues to the Government or anyone else in respect of properties
E-Auctioned. The Intending Bidder is advised to make their own independent inquiries regarding the encumbrances on the
property including statutory liabilities, arrears of property tax, electricity dues etc.
The bidder should ensure proper internet connectivity, power back-up etc. The Bank shall not be liable for any disruption due to
internet failure, power failure or technical reasons or reasons/contingencies affecting the e-auctions.
Date: 06-05-2015
Place:SHIMLA
Authorized Officer, Punjab National Bank
Circle OfficeSHIMLA