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(A GOVERNMENT OF INDIA UNDERT AKING)

Ref : ARM/RAJESH/E AUCTTON/1 25 /2021 Date: 25.03.202t

To,
1. Mr. RAJESH BABULAL RAMDAS
565, Gayatri Nagar,
Vatva, Ahmedaba d-382440.

2. Mr. KARSHANBHAT rswARBHAr LAKHTRTYA (Guarantor),

D-204, Kavya Residency,
Near Gopal Chowk, Nava Naroda,
Ahmedaba d-382415.

Dear Sir/Madam,

Sub: Notice under Section 13(4) of the Securitisation and Reconstruction

Assets and Enforcement of security rnterest Act, 2oo2 read with Rule g(6)of Financial
Security Interest (Enforcement) Rule!, 2OO2r. of the
**x****x**x*x*x**x*x
As you are aware, I on behalf of canara Bank, Asset Recovery Management
possession of the assets described in Schedule of branch have taken
Sale Notice annexed hereto in terms of Section
13(a) of the subject Act in connection with outstanding dues payable
by you to our Asset Recovery
Management Branch of Canara Bank.

The undersigned proposes to sell the assets more fully described

in the Schedule of sale Notice.
Hence, in terms of the provisions of the subject Act and Rules
sending the Sale Notice containing terms and conditions of the
made there under, I am herewith
sale.
This is without prejudice to any other rights available to the Bank
under the subject Act/ or any
other law in force.

Yours faithfully,

Aut d Officer,
C Bank ENCLOSURE - SALE NOTICE

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Asset Recovery Management Branch/OILII.'
Tel No. / EVqrqt. 07 9 -27 5A3 09 O / 3Oe 4 3 037 / 3 038
4tt Floor, Nilkanth Avenue/{T iIeI4 , ftfr+-6 /
E-mail : cb3966@canarabank.com
Na vj eeva n Press RoadT;Ittffig frg,
lncome Tax Cross Road, Ashram Road,/S.D.-qtqf qrtTFFII, offSfCtg,
Ahmedabad - 380014/3{EIIkITETE3B00 14
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 tlr.rli'l d'tl, Canara Bank.{A
(A GOVERNMENT OF INDIA UNDERTAKING]

E.AUCTION SALE NOTICE

E-Auction Sale Notice for Sale of Immovable Assets under the Securitisation and
Reconstruction of Financia! Assets and Enforcement of Security Interest Act, 2OO2 read
with proviso to Rule 8 (6) of the Security Interest ( Enforcement) Rules, 2OO2
Notice is hereby given to the public in general and in particular to the Borrower (s) and Guarantor
(s) that the below described immovable properties charged to the Secured Creditor, the Symbolic
Possession of which has been taken by the Authorised Officer of Canara Bank., will be sold on
"As is where is", "As is what is", and " Whatever there is" on 29.O4,2O2L, for recovery of
Rs.20,57,712.00 as on 28.02.2020 plus further interest and other charges due to the ARM Branch,
Ahmedabad of Canara Bank from Mr. Rajesh Babulal Ramdas and Guarantors (1) Mr. Rajesh
Babulal Ramdas & (2) Mr. Karshanbhai Ishwarbhai Lakhtriya

The Reserve price will be for Flat No. 8/203, 2nd Floor-Rs. 10,86,300.00 (Rupees Ten Lakhs
Eighty Six Thousand Three Hundred Only) and the Earnest Money Deposit will be for Flat No.
Bl2O3,2nd Floor-Rs. 1,08,630.00 (Rupees One Lakh EightThousand Six Hundred Thirty Only).
The Earnest Money Deposit shall be deposited on or before 28.O4.2O2L.

Details and full descriotion of the orooertv(ies):

Ftat No. B/2O3, adm. About 87.79 sq.mtrs. (Super Built up) on 2nd Floor in scheme known as
Dhanlaxmi Residency situated on the NA land bearing TP Scheme no. 2, city survey no. 502/2 (old
survey no.327+33OlAl3,K-ll4+L/3) situated lying and being at mouje, Nandej, Ta- city in the
registration district of Ahmedabad and sub district of ahmedabad-11 (Aslali)
Bounded by
Nofth : Staircase
South : Wall after open space
East : Flat No. Bl2O2
West : Flat No. B/2O4

For detailed terms and conditions of the sale please refer the link "E-Auction" provided in Canara
Bank's website (www.canarabank.com) or may contact Chief Manager, ARM Branch, Ahmedabad
Canara Bank, Ph. No. 079-275830371 3O7Bl 3090/ 3094 during office hours on any working day.

Place: Ahmedabad a8{ Auth Officer

Date: 25.03.2021 q. YIi Can ank

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7s83oeo/3094 I 3037 /3038

TIJKIT, STI'FTtg,
Ahmedabad - 3B0014/3'l'6rfEFIIE3B0014 -
 & ?['Gfm (]a na ra Bank *A
(A GOVERNMENT OF INDIA UNDERTAKING]

DETAILED TERMS AND CONDITIONS OF THE SALE NOTICE DATED 25.O3.2021

1. Name and Address of the Secured Creditor: Canara Bank, ARM Branch, Ahmedabad.
2. Name and Address of the Borrower(s)/ Guarantor(s):

MT. RAJESH BABULAL RAMDAS

565, Gayatri Nagar,
Vatva, Ahmedaba d-382440.

Mr. KARSHANBHAI ISWARBHAI LAKHTRIYA (Guarantor),

D-204, Kavya Residency,
Near Gopal Chowk, Nava Naroda,
Ahmedaba d-382415.

3. Total liabilities as on 28.O2.202L: Rs. 20,57,7L2.00 plus further interest and other charges
thereon

4 (a) Mode of Auction : E-Auction

(b) Details of Auction service provider:
M/s E-Procurement Technologies Ltd -Auction Tiger, Ellisbridge, Ahmedabad. Mr. Chintan
Bhatt, contact No. 9265562821,9978591888 - 079 61200511 | 594 | 598 | 568 | 587
538, Email id: gujarat@auctiontiger.net; chintan.bhatt@auctiontiger.net; |

su pport@ au cti onti g er. n et

(c) Date & Time of Auction z 29.O4.2O21 Time 12.OO pM - 2.OO pM
(d) Place of Auction: Ahmedabad
5. Reserve Price:

Flat No. Bl2O3,2nd Floor-Rs. 10,86,300.00 (Rupees Ten Lakhs Eighty Six Thousand Three
Hundred Only) and the Earnest Money Deposit will be for Flat No. 8/203, 2nd Floor-Rs.
1,08,630.00 (Rupees one Lakh Eight rhousand Six Hundred Thirty only).

6. Other terms and conditions:

a) Auction/bidding shall be only through "Online Electronic Bidding" through the website
https://canarabank.a-uctiontiger.net (Auction Tiger Mobile Aop Also). gidders are advised to go
through the website for detailed terms before taking part in the e-auction sale proceedings.

b) The propefty can be inspected, with Prior Appointment with Authorized Officer, on 16.O4.2O21
between 1O.3O AM to 5.OO pM.

c) The property will not be sold below the Reserve price.

Asset Recovery Management Branch/3I[.E C.STft{t TelNo. / R1l{rsfr. O7s-27583OsO/3Os+13037 /3038

4tr'Floor, Nilkanth Avenue/UTIIfl+ , ffmF-Aqrttll E-mail:
Navj eeva n press RoadfT{dti$:tilg tg,
Income Tax Cross Road, Ashram Road,/gtffi)Qf qRTfFtil, effrfCtg, v
Ahmedabad - 3 80014/3f6qe1ttf(3 800 1 4 -

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 d;.rrm d'm Canara B'ank,A
(A GOVERNMENT OF INDIA UNDERTAI(ING)

d) EMD amount of 10% of the Reserve Price is to be deposited by way of Demand draft in favour of
Authorized Officer, Canara Bank, ARM Branch OR shall be deposited through RTGS/NEFT/Fund
Transfer to credit of account "CANARA BANK ARM BRANCH" of Canara Bank, ARM Branch,
Ahmedabad A/c No. 3966296000001 IFSC Code: CNRBOOO3966 on or before 2a.O4.2O2L

e) Intending bidders shall hold a valid digital signature ceftificate and e-mail address. For details
with regard to digital signature please contact the Service Provider: M/s E-Procurement
Technologies Ltd -Auction Tiger, Ellisbridge, Ahmedabad. Mr. Chintan Bhatt, Contact No.
926556282I, 9978591888 - 079 61200511 | 594 | 598 | 568 | 587 | 538, Email id:
oujarat@auctiontiger.net; chintan.bhatt@auctiontiger.net; supporttOauctiontiger.net.

f) After payment of the EMD amount, the intending bidders should submit a copy of the following
documents/details on or before 2A.O4.2O2L to Canara Bank, ARM Branch, Ahmedabad by hand or
by email,
i) Demand Draft/Pay order towards EMD amount. If paid through RTGS/NEFT, acknowledgement
receipt thereof with UTR No.
ii) Photocopies of PAN Card, ID Proof and Address proof. However, successful bidder would have to
produce these documents in original to the Bank at the time of making payment of balance amount
of 25o/o of bid amount.
iii) Bidders Name. Contact No. Address, E Mail Id.
iv) Bidder's A/c details for online refund of EMD.
g) The intending bidders should register their names at portal https://canarabank.auctiontiger.net
(Auction Tiger Mobile App Also) and get their User ID and password free of cost. Prospective bidder
may avail online training on E- auction from the Service Provider: M/s E-Procurement Technologies
Ltd -Auction Tiger, Ellisbridge, Ahmedabad. Mr. Chintan Bhatt, Contact No.926556282L,
9978591888 - 079 61200511 1594 l59B l568 l5B7 1538, Email id: oujarat@auctiontiger.net;
chintan. bhatt@auctiontiger. net; supoort@auctiontiger. net.

h) EMD deposited by the unsuccessful bidder shall be refunded to them. The EMD shall not carry
any interest.

i) Auction would commence at Reserve Price, as mentioned above. The bidder who submits the
highest bid on closure of 'Online' auction shall be declared as successful bidder. Sale shall be
confirmed in favour of the successful bidder, subject to confirmation of the same by the secured
creditor. The incremental amount for increasing the offer should be in multiples of Rs. 10,000/-
only.

j) The successful bidder shall deposit 25olo of the sale price (inclusive of EMD already paid),
immediately on declaring him/her as the successful bidder and the balance within !f days from
the date of confirmation of sale by the secured creditor. If the successful bidder fails to pay the
sale price, the deposit made by him shall be forfeited by the Authorised Officer without any notice
and property shall forthwith be put up for sale agarn.

Asset Recovery Management Branch/3I[.E g.qfEfl Tel No. / ftqlc Ti. 07 s-zz sa3oso / 3os4 I 3os7 I 3o3B
4thFloor, Nilkanth Avenue/{T tItT4 , flmira qr+{, E-mail cb3 966@canarabank.com
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Navj eeva n Press RoadFTfriFIilg +g,

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Income Tax Cross Road, Ashram Road,/{firltqf Sr{Irfiil,3firtqig, '6. q. vD

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Ahme da bad - 3 80 0 14I3I6II6FGIIE3 8 001 4 -
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(A GOVERNMENT OF INDIA UNDERTAKING)

k) For sale proceeds of Rs. 5O (Rupees Fifty) lacs and above, the successful bidder will
have to deduct TDS at the rate O.75o/o on the Sale proceeds and submit the original
receipt of TDS ceftificate to the Bank.

l) All charges for conveyance, stamp duty/GST registration charges etc., as applicable shall be
borne by the successful bidder only.

m) The Auction Sale is conducted on "As is where is, As is what is and Whatever there is"
Basis. Bank is not aware of any pending charges, taxes, etc. Purchasers are bound to verify the
same and, if any, have to bear the same.

n) Authorised Officer reserves the right to postpone/cancel or vary the terms and conditions of the
e-auction without assigning any reason thereof.

o) In case there are bidders who do not have access to the internet but interested in participating
the e-auction, they can approach concerned Circle office or ARM branch, Ahmedabad who, as a
facilitating centre, shall make necessary arrangements.

p) Where factory land & Building and Plant & Machinery both are put on auction, EMD only for
factory land & Building will not be considered.

q) For further details contact Mr. A.Elango Subramanian, Chief Manager, Canara Bank, ARM
Branch (Ph, No.079-27583037/ 3O7Bl 3090/ 3094) e-mail id: cb3966@canarabank.com; the
Service Provider: M/s E-Procurement Technologies Ltd -Auction Tiger, Ellisbridge, Ahmedabad, Mr.
Chintan Bhatt, Contact No. 926556282t,9978591888 - 079 61200511 | 594 | 598 | 568 | 587 |
538, Email id: qujarat@auction ; chintan.bhatt@auctiontiger.net;
su pport@a ucti onti g er, n et.

SPECIAL INSTRUCTION /CAUTION

Bidding in the last minutes/seconds should be avoided by the bidders in their own interest.
Neither Canara Bank nor the Service Provider will be responsible for any lapses/failure
(Internet failure, Power failure, etc.) on the part of the bidder or vendor in such cases. In
order to ward off such contingent situation, bidders are requested to make all the necessary
arrangements/alternatives such as back -up, power supply and whatever else required so that
they are able to circumvent such situation and are able to participate in the auction
successfully.

Place: Ahmedabad Autho fficer

Date: 25.03.2021 Canara Bank

Asset Recovery Management B ranch/3I[.q.q .Slf{([l o37 /3038

4th Floor, Nilkanth Avenue/Ul 6qa , fif,dt6 \r{g : cb3 966@canarabank.com
Na vj eeva n press RoadflTdttf*{ 116,
Income Tax Cross Road, Ashram Road,/$tF-qtq[ qr{ TfkII; efinc
Ahmedabad - 3 800 14l3f6trEfGIT(3 800 1 4 -