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AUCTION DETAILS (DOC)

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					AUCTION DETAILS
 Disclaimer - Data appearing below is for information only. Please contact the Authorised Officer/
Recovery Officer for true copy of the statutory proclamation.
 If the auction date is past, the assets need not necessarily have been sold. Contact the concerned
officer for its correct status.
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Discription of property
Land + Building

Location of property
jalandhar


List of items on Auction
All that part and parcel of property at Basti Shaikh, Jalandhar
admeasuring 10 martlas, comprised in Khasra #291, 2262/294,
2263/294, 295,296, as per registered vide sale Deed No.5293 dated
22/07/1996, in the name of Mr. Vijay Kapoor S/o Mr. Anand Kishore
Kapoor,r/o 1134, Urban Extate Phase-1, Jalandhar & bounded sa East:
Property of others, West : Rasta, North: property of Manju Kapoor
South: property of others.& Various types of stocks of packing kits for
hand tools forexports.

Reserve Price (INR)
Rs. 18.27 lacs

Get a Valuation/ Due Deligence Report on this Asset


EMD (INR)
Rs. 1.83 lacs

Total Debt Amount (INR)
Rs. 9.97 lacs Plus interest & charges.

Date & Time of Auction
15:10:2010 at 12 pm

Place of Auction
State Bank of India, SARB, IInd floor, SBI, Main Branch, Civil Line,
Jalandhar

Certificate Holder/ Creditor/ Seller
State Bank of India

Recovery Officer/ Authorised Officer
N/A

For More Details Contact
Authorised Officer, State Bank of India, SARB, IInd floor, SBI, Main
Branch, Civil Line, Jalandhar

Recovery Case No.
N/A

Original Case No.
N/A

Case Title

M/s Shiva Enterprises.

Terms and Conditions of Auction Sale
Pursuant to the possession taken by the Authorised Officer under the
SARFAESI ACT, 2002 for recovery of the secured debts of State Bank
of India mentioned and Interest thereon from dates mentioned therein
and with costs and charges. Offers are invited by the undersigned in a
sealed covers for purchase of under noted properties on 'AS IS
WHERE IS BASIS' AND AS IS WHAT IS BASIS.

Last Date, time & place of submitting tender is 14/10/2010 at 5.00 p.m.

Other terms and conditions of Auction Sale:

1. The property will be sold in "AS IS WHERE IS" condition including
encumbrances, if any.

2. The property can be inspected on any working day.

3. The successful bidder should deposit 25% of the bid amount
(inclusive of EMD) on the same day of the sale or within such
extended time as permitted by the Authorised Officer, in cash or DD
drawn and balance bid amount i.e. 75% within 15 days or within the
extended time from the date of confirmation of the sale by the secured
creditors / Authorised Officer. In case of default, all amounts deposited
till then shall be forfeited including the earnest money.

4. The property will not be sold below the Reserve Price.

5. The Authorised Officer has the absolute right to accept or reject a
bid or postpone/cancel the sale without assigning any reason thereof.
The sale is subject to confirmation by the Bank. This Notice is without
prejudice to any other remedy available to the Bank and without
prejudice to Bank's right to proceed with the proceedings of the
DRT/RO of DRT/DRAT/ Court and proceed with the execution of
order/decree obtained to be obtained.

6. The highest bid will be subject to approval of the secured creditors /
Authorised Officer.

7. For further details State Bank of India may be contacted during
office hours on any working day.

SD/-
Authorised Officer
State Bank of India

				
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