Zonal Stressed Asset Recovery Branch : Meher Chamber, Ground floor, Dr.

Sunderlal Behl Marg,

Ballard Estate, Mumbai-400001. • Phone: 022-43683807, 43683808, • Fax : 022-43683802
Email: armbom@bankofbaroda.co.in

APPENDIX IV-A
[Proviso to Rule 8(6)]

Sale notice for sale of Immovable properties

E-Auction sale notice for sale of Immovable assets under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with proviso to rule
8(6) of the security Interest (Enforcement) Rules, 2002.

Notice is hereby given to the public in general and in particular to the Borrower(s) and Guarantor(s) that the below described Immovable Mortgaged/ Charged property to the Secured
Creditors, possession of which has been taken by the Authorised Officer of Bank of Baroda, Secured Creditors, will be sold on “As is what is” and Whatever there is” and “Without recourse
basis” for recovery of dues of secured creditors from the below mentioned account/s. The details of Borrower/s / Guarantor/s/ Secured Asset/s / Dues / Reserve Price/ e-Auction date and
time, EMD and Bid Increase Amount are mentioned below-

Sr./L Name & Address of Borrower/s /Guarantor/s Description of the immovable property with Total Dues Date & Time of (1) Reserve Price & Status of possession Property Inspection
ot known encumbrances, if any E-auction (2) EMD Amount of the (Constructive / date and Time and
No. Property Physical) contact Details
(3) Bid Increase Amount
1 M/s Magnum Steels i) Commercial premises being unit no 602 Total Dues- 28.01.2021 1) Rs 165.30 lakh Physical Possession 16.01.2021
42-A, Latif House, S. T. Road, Iron Market, Mumbai- admeasuring about 52.67 sq mtrs i.e 566.83 Sq Aggregating 1400 Hrs to 2) Rs 16.53 lakh 11.00 am to 2.00 pm.
400009. ft., on 6th floor and 1 parking space on the Rs.98,91,07,325. 1800Hrs 3) Rs 1.00 lakh Mr Yayati Gangavane
terrace level in the building known as Simran 32/- (as on 9767150781
Mr. Kishor Gandhi Plaza constructed on plot No. 16 admeasuring 24.10.2016
Mr.Kunal Gandhi about 1003Sq. yards equivalent 838.50Sq Mtrs inclusive interest
Mrs.Rupa Gandhi bearing CTS No. E/829 in Suburban Scheme No. upto 30.09.2016
Mr.Bhumit K Gandhi VII Khar west Bandra Andheri Mumbai Plus interest and
Suburban cost from
602, Simran Plaza,Corner of 3rd & 4th Road,Next of Encumbrance known to bank: Nil 01.10.2016. less
Hotel Regal Enclave, Khar(W), Mumbai 400052.` ii) All that piece and parcel of Flat no. 502, 5th recovery up to 28.01.2021 1) Rs 159.60 lakh Physical Possession 18.01.2021
floor admeasuring 900 Sq.ft carpet in the date 1400 Hrs to 2) Rs 15.96 lakh 11.00 am to 2.00 pm.
building known as Adobe Heights situated at 1800Hrs 3) Rs 1.00 lakh Mr Yayati Gangavane
Shraddhanand Road Vile Parle East Mumbai 9767150781
400057. The structure of the building is
standing on plot land bearing C.T.S No. 1358a,
1358/A1 to 7 F.P. No. 409 TPS V Vile Parle East
in the Registration District of Mumbai Suburban
Encumbrance known to bank: Nil
2 M/s R V Steel Plot of Land located at Gut No Total dues 28.01.2021 1)Rs.795.15 Lakh Physical Possession 19.01.2021
4, Kolsa Bunder, Darukhana, Mumbai-400010 118/2,121/1/2,122,139/2,143/2,142/2 & 144/2 Rs.32,49,31,305. 1400 Hrs to 2)Rs.79.60 Lakh 11.00 am to 1.00 pm.
at Village :Chikale, Tal: Wada, Dist: Thane 55 /- (as on 1800Hrs 3)Rs. 1.00 Lakh
Mr. Sher Singh Agarwal admeasuring H-9-R-21-P-2(92130 sq.mtr) in the 17.06.2016 plus Mr Yayati Gangavane
401, Classic Commercial Compound name of Smt. Rajrani Sher Singh Agarwal W/o interest and cost 9767150781
19th Road, Chembur East, Shri Sher Singh Agarwal from17.06.2016.
 Mumbai -400071 less recovery up
Mr. Dinesh Agarwal Encumbrance known to bank: Nil to date
104, Shiv Ashish Complex
19th Road , Chembur East
Mumbai -400071
3 M/s Kesari Textiles. i) Gala No.8 (area: 513 sq. ft), on first floor, Total Dues:- 28.01.2021 ) Rs 8.00 lakh Physical Possession 16.01.2021
Address: Block No. 10979 room 9 O T section, Shakti Raj Industrial Compound, Portion 1, Rs.3,86,36,102.4 1400 Hrs to 2) Rs 0.80 lakh 11.00 am to 1.00 pm.
Ulhasnagar, Dist. Thane. 421001 Sheet No 14, CST no 16352,Station road, Near 5 with further 1800Hrs 3) Rs 0.10 lakh Mr SM Wasnik
BK no. 957, Opp CHN College, Ulhasnagar-3, interest from 8369694644
1. *Late Kanayo.O Punjabi (Proprietor), Dist. Thane. 01.12.2015 and
Address: Block No. 10979 room 9 O T section, Encumbrance known to bank: Nil costs thereon
Ulhasnagar, Dist. Thane. 421001 ii) Gala No.9 (area: 513 sq. ft), on first floor, 28.01.2021 ) Rs 8.00 lakh Physical Possession 16.01.2021
Shakti Raj Industrial Compound, Portion 1, 1400 Hrs to 2) Rs 0.80 lakh 11.00 am to 1.00 pm.
2. Mr. Pradeep Mohanlal Aghicha (Guarantor), Sheet No 14, CST no 16352,Station road, Near 1800Hrs 3) Rs 0.10 lakh Mr SM Wasnik
Address: Gala No.8, on first floor, Shakti Raj BK no. 957, Opp CHN College, Ulhasnagar-3, 8369694644
Industrial Compound, Portion 1, Sheet No 14, CST Dist. Thane.
no 16352,Station road, Near BK no. 957, Opp CHN Encumbrance known to bank: Nil
College, Ulhasnagar-3, Dist. Thane.421003
iii) Gala No.10 (area: 513 sq. ft), on first floor, 28.01.2021 ) Rs 8.00 lakh Physical Possession 16.01.2021
Shakti Raj Industrial Compound, Portion 1, 1400 Hrs to 2) Rs 0.80 lakh 11.00 am to 1.00 pm.
Sheet No 14, CST no 16352,Station road, Near 1800Hrs 3) Rs 0.10 lakh Mr SM Wasnik
BK no. 957, Opp CHN College, Ulhasnagar-3, 8369694644
Dist. Thane.
Encumbrance known to bank: Nil
4 M/s Aishloni Copper Alloys Pvt Ltd Office No 205/206,2nd Floor of Chartered Total Dues- 28.01.2021 1) Rs 125.00 lakh Physical Possession 16.01.2021
205/206,Chartered House,Dr.C.H.Street,Marine House,Chartered House Co Operative Society Rs.14,46,76,343. 1400 Hrs to 2) Rs 12.50 lakh 11.00 am to 1.00 pm.
Lines,Church Lane,Mumbai-400002. Ltd, 293/295, Dr.C.H.Street, C.SNo.365 of 05/- Plus interest 1800Hrs 3) Rs 1.00 lakh Mr Abhay Sanga
Mr.Suneel R Maradia Bhuleswar Division, Mumbai- and cost from 8898022206
Falt no 2A,1st Floor,Karuna Building,Manav Mandir 400002.admeasuring 500 Sq.ft. Carpet Area & 01.10.2014. less
Road,Walkeshwar,Malabar Hill,Mumbai-400006. 600 Sq.ft Builtup area recovery upto Mr. Sandeep A Pate
Mr.Dhruw Narayan Singh date. 9152941101
D/102,Geeta Nagar,Phase 8,Mira Bhayander Encumbrance known to bank: Nil
Road,Mira Road (East), Thane-401107.
Mrs. Priti S Maradia
Falt no 2A,1st Floor,Karuna Building,Manav Mandir
Road,Walkeshwar,Malabar Hill,Mumbai-400006.
M/s Sarovar Capital Markets Pvt Ltd
205/206,Chartered House,Dr.C.H.Street,Marine
Lines,Church Lane,Mumbai-400002.
5 M/s Multiflex Lami Print Ltd i) Unit No 340 3rd Floor Kalindas Udyog Bhavan Total Dues : 28.01.2021 1) Rs 57.00 lakh Physical Possession 16.01.2021
(Under Liquidation) Premises Co op Society Ltd on plot of Land Rs.23,37,19,712. 1400 Hrs to 2) Rs 5.70 lakh 11.00 am to 1.00 pm.
D 54-55, MIDC, Mahad, Raigad, Maharashtra bearing Final Plot no 1082 CS No 1036 1037 44/- as on 1800Hrs 3) Rs 0.50 lakh Mr Jay Anand
402301. Worli Near Century Bazar Prabhadevi Mumbai 31.03.2014 plus 8809179204
Mr.Anil Dang 400025 admeasuring 400 Sqft Built Up Area further
10,Palm spring C-op Hsg Soc Ltd,Opp Chandan interest/cost
Cinema,Juhu Road,Andheri West,Mumbai-49 Encumbrance known to bank: Nil thereon less
recovery up to
date
6 M/s Mirah Realtors Pvt. Ltd. (Formerly Known as i) Equitable mortgage of Office Premises entire Total Dues Rs. 28.01.2021 1) Rs 1406.00 lakh Physical Possession 15.01.2021
M/s Twinkle Realtors Pvt. Ltd.) Having 8th Floor at Swastik Disa Corporate Park Behind 9,05,24,313/- 1400 Hrs to 2) Rs 140.60 lakh 11.00 am to 1.00 pm.
Reg. Office: 208, Parvati Industrial Estate, Sunmill Rajshree Plaza Bearing CTS No 4060 4061 4062 plus interest and 1800Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
Compound, Lower Parel (W), Mumbai. 400013. and 4064 LBS Marg Ghatkopar West Mumbai cost from 9833008787
Corporate Office: 317, Parvati Industrial Estate, 400086 Area as per agreement Built up area is 05.02.2016 less
Sunmill Compound, Lower Parel (W), Mumbai. 10413 sqft Carpet area 8678.88 sqft recovery upto
400013. date
1. Mr. Omprakash B Goenka (Director & Guarantor) Encumbrance known to bank: Nil
 2. Mr. Gaurav O Goenka (Director & Guarantor) ii) Equitable mortgage of Unit No 202 second 28.01.2021 1) Rs 230.00 lakh Physical Possession 13.01.2021
Residence of Flat No. 101, A-Wing, 10th Floor, floor Parvati Industrial Estate Sunmill 1400 Hrs to 2) Rs 23.00 lakh 11.00 am to 2.00 pm.
“SOMERSET HOUSE”, Tyabji Bagh CHSL. , Malabar Compound Lower Parel West Mumbai 400013 1800Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
cum Bycullar Hill Division, Off. Warden Road, Off Area as per agreement Built up area is 1770 9833008787
Bhalubhai Desai Road, Mumbai-400026 sqft Carpet area 1475 sqft
3. Mr. Prakash Utekar (Director) Residing at 208, Encumbrance known to bank: Nil
Parvati Industrial Estate, Sun Mill compound, iii) Equitable mortgage of Unit No 8 B 1 ground 28.01.2021 1) Rs 218.00 lakh Physical Possession 13.01.2021
Lower Parel (W) Mumbai- 400013 floor Parvati Industrial Estate Sunmill 1400 Hrs to 2) Rs 21.80 lakh 11.00 am to 2.00 pm.
4. Mr. Venakatramna Natrajan (Director) Residing Compound Lower Parel West Mumbai 400013 1800Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
at 208, Parvati Industrial Estate, Sun Mill Area as per agreement Built up area is 1675 9833008787
compound, Lower Parel (W) Mumbai- 400013 sqft
5. M/s Twinkle Enviro- Tech Pvt. Ltd. (Corporate Encumbrance known to bank: Nil
Guarantor)
7 Mr. Prakash A Doshi, Mr. Sagar P Doshi and Mrs. Flat no. 301, 3rd Floor, A wing, Rajul co-op Total Dues-Rs. 28.01.2021 1)Rs 360.00 lakh Symbolic Possession 19.01.2021
Sushila Doshi housing society ltd, 9 J Mehta Marg, Village 11258210.50/- 1400 Hrs to 2)Rs 36.00 lakh 11.00 am to 1.00 pm.
Flat no. 301, Rajul CHS Ltd., A Wing, 9 J Mehta Malabar and Cumbala Hill Division Mumbai – Plus interest and 1600Hrs 3)Rs 1.00 lakh Mr Bhushan Sonawale
Marg Mumbai 400 006 cost from 9833008787
Director Area = 930 sqft 30.06.2018.
1. Mr. Prakash Avantilal Doshi Less recovery up
2. Mr. Sagar Prakash Doshi Encumbrance known to bank: Nil to date
3. Mrs. Sushila Prakash Doshi
Gurantors
Ms. Saloni Prakash Doshi
Flat no. 301, Rajul CHS Ltd., A Wing, 9 J Mehta
Marg Mumbai
8 M/s Parthesh Developers. i) Flat No. 701, Kamla Heritage, Plot No. 124, Total dues 28.01.2021 1) Rs 572.00 lakh Symbolic Possession 20.01.2021
Mr. Nirav Shah Gulmohar Croos Road, No. 10, JVPD Scheme, Rs.20,38,98,896/ 1400 Hrs to 2) Rs 57.20 lakh 11.00 am to 1.00 pm.
(Director & Guarantor) Mumbai 400 049 -(Rs. Twenty 1600Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
Mrs. Monica Shah Encumbrance known to bank: Nil Crores Thirty 9833008787
(Director & Guarantor) ii) Under Construction Flat No 601, in " A Wing, Eight Lacs Ninety 28.01.2021 1) Rs 169.00 lakh Symbolic Possession 20.01.2021
Address: Flat No. 701, Kamla Heritage, Plot No. in the Building Known as Ganga Jamna Sangam Eight Thousand 1400 Hrs to 2) Rs 16.90 lakh 11.00 am to 1.00 pm.
124, Gulmohar Croos Road, No. 10, JVPD Scheme, CHS Ltd. situated at plot No. 463 and 480, TPS Eight Hundred 1600Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
Mumbai 49. lll, (CTS No. F/111 and F/115), 14th and 24th Ninety Six Only) 9833008787
The mentioned Properties are under : Road, admeasuring Plot area of 1128.80 sq as on 30.06.2016
Symbolic Possession by the Bank of Baroda mtrs, Khar (West ), Mumbai and interest
Saleable Area = 922 sqft thereon
. Encumbrance known to bank: Nil
iii) Under Construction Flat No 602, in " A Wing, 28.01.2021 1) Rs 162.00 lakh Symbolic Possession 20.01.2021
in the Building Known as Ganga Jamna Sangam 1400 Hrs to 2) Rs 16.20 lakh 11.00 am to 1.00 pm.
CHS Ltd. situated at plot No. 463 and 480, TPS 1600Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
lll, (CTS No. F/111 and F/115), 14th and 24th 9833008787
Road, admeasuring Plot area of 1128.80 sq
mtrs, Khar (West ), Mumbai
Saleable Area = 882 sqft
Encumbrance known to bank: Nil
iv) Under Construction Flat No 802, in " A Wing, 28.01.2021 1) Rs 162.00 lakh Symbolic Possession 20.01.2021
in the Building Known as Ganga Jamna Sangam 1400 Hrs to 2) Rs 16.20 lakh 11.00 am to 1.00 pm.
CHS Ltd. situated at plot No. 463 and 480, TPS 1600Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
lll, (CTS No. F/111 and F/115), 14th and 24th 9833008787
Road, admeasuring Plot area of 1128.80 sq
mtrs, Khar (West ), Mumbai
Saleable Area = 882 sqft
Encumbrance known to bank: Nil
v) Under Construction Flat No 902, in " A Wing, 28.01.2021 1) Rs 162.00 lakh Symbolic Possession 20.01.2021
in the Building Known as Ganga Jamna Sangam 1400 Hrs to 2) Rs 16.20 lakh 11.00 am to 1.00 pm.
CHS Ltd. situated at plot No. 463 and 480, TPS 1600Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
lll, (CTS No. F/111 and F/115), 14th and 24th 9833008787
Road, admeasuring Plot area of 1128.80 sq
mtrs, Khar (West ), Mumbai
Saleable Area = 882 sqft
Encumbrance known to bank: Nil
vi) Under Construction Flat No 1001 in " A 28.01.2021 1) Rs 169.00 lakh Symbolic Possession 20.01.2021
Wing, in the Building Known as Ganga Jamna 1400 Hrs to 2) Rs 16.90 lakh 11.00 am to 1.00 pm.
Sangam CHS Ltd. situated at plot No. 463 and 1600Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
480, TPS lll, (CTS No. F/111 and F/115), 14th 9833008787
and 24th Road, admeasuring Plot area of
1128.80 sq mtrs, Khar (West ), Mumbai
Saleable Area = 922 sqft
Encumbrance known to bank: Nil
vii) Under Construction Flat No 1002, in " A 28.01.2021 1) Rs 162.00 lakh Symbolic Possession 20.01.2021
Wing, in the Building Known as Ganga Jamna 1400 Hrs to 2) Rs 16.20 lakh 11.00 am to 1.00 pm.
Sangam CHS Ltd. situated at plot No. 463 and 1600Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
480, TPS lll, (CTS No. F/111 and F/115), 14th 9833008787
and 24th Road, admeasuring Plot area of
1128.80 sq mtrs, Khar (West ), Mumbai
Saleable Area = 882 sqft
Encumbrance known to bank: Nil
viii) Under Construction Flat No 1102 in " A 28.01.2021 1) Rs 162.00 lakh Symbolic Possession 20.01.2021
Wing, in the Building Known as Ganga Jamna 1400 Hrs to 2) Rs 16.20 lakh 11.00 am to 1.00 pm.
Sangam CHS Ltd. situated at plot No. 463 and 1600Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
480, TPS lll, (CTS No. F/111 and F/115), 14th 9833008787
and 24th Road, admeasuring Plot area of
1128.80 sq mtrs, Khar (West ), Mumbai
Saleable Area = 882 sqft
Encumbrance known to bank: Nil
ix) Under Construction Flat No 504, in "B Wing, 28.01.2021 1) Rs 170.00 lakh Symbolic Possession 20.01.2021
in the Building Known as Ganga Jamna Sangam 1400 Hrs to 2) Rs 17.00 lakh 11.00 am to 1.00 pm.
CHS Ltd. situated at plot No. 463 and 480, TPS 1600Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
lll, (CTS No. F/111 and F/115), 14th and 24th 9833008787
Road, admeasuring Plot area of 1128.80 sq
mtrs, Khar (West ), Mumbai
Saleable Area = 928 sqft
Encumbrance known to bank: Nil
x) Under Construction Flat No 604, in "B Wing, 28.01.2021 1) Rs 170.00 lakh Symbolic Possession 20.01.2021
in the Building Known as Ganga Jamna Sangam 1400 Hrs to 2) Rs 17.00 lakh 11.00 am to 1.00 pm.
CHS Ltd. situated at plot No. 463 and 480, TPS 1600Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
lll, (CTS No. F/111 and F/115), 14th and 24th 9833008787
Road, admeasuring Plot area of 1128.80 sq
mtrs, Khar (West ), Mumbai
Saleable Area = 928 sqft
Encumbrance known to bank: Nil
xi) Under Construction Flat No 903, in "B Wing, 28.01.2021 1) Rs 168.00 lakh Symbolic Possession 20.01.2021
in the Building Known as Ganga Jamna Sangam 1400 Hrs to 2) Rs 16.80 lakh 11.00 am to 1.00 pm.
CHS Ltd. situated at plot No. 463 and 480, TPS 1600Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
lll, (CTS No. F/111 and F/115), 14th and 24th 9833008787
Road, admeasuring Plot area of 1128.80 sq
mtrs, Khar (West ), Mumbai Saleable Area =
918 sqft
 Encumbrance known to bank: Nil
xii) Under Construction Flat No 904, in "B Wing, 28.01.2021 1) Rs 170.00 lakh Symbolic Possession 20.01.2021
in the Building Known as Ganga Jamna Sangam 1400 Hrs to 2) Rs 17.00 lakh 11.00 am to 1.00 pm.
CHS Ltd. situated at plot No. 463 and 480, TPS 1600Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
lll, (CTS No. F/111 and F/115), 14th and 24th 9833008787
Road, admeasuring Plot area of 1128.80 sq
mtrs, Khar (West ), Mumbai
Saleable Area = 928 sqft
Encumbrance known to bank: Nil
xiii) Under Construction Flat 1004 in "B Wing, in 28.01.2021 1) Rs 263.00 lakh Symbolic Possession 20.01.2021
the Building Known as Ganga Jamna Sangam 1400 Hrs to 2) Rs 26.30 lakh 11.00 am to 1.00 pm.
CHS Ltd. situated at plot No. 463 and 480, TPS 1600Hrs 3) Rs 1.00 lakh Mr Bhushan Sonawale
lll, (CTS No. F/111 and F/115), 14th and 24th 9833008787
Road, admeasuring Plot area of 1128.80 sq
mtrs, Khar (West ), Mumbai
Saleable Area = 1439 sqft
Encumbrance known to bank: Nil

TERMS AND CONDITIONS –

1. The Sale will be done by the undersigned through e-auction platform provided at the Website https://www.mstcecommerce.com on the date and time
mentioned above. The intending Bidders/Purchasers are requested to register on portal (https:www.mstcauction.com) using their mobile number and email-id. Further, they are requested to upload
requisite KYC documents. Once the KYC documents are verified by e-auction service provider (may take 2 working days), the intending Bidders/Purchasers has to transfer the EMD amount using online
mode in his Global EMD Wallet well in advance before the auction time. In case EMD amount is not available in Global EMD Wallet, system will not allow to bid. The
Registration, verification of KYC documents and transfer of EMD in wallet must be completed well in advance, before auction. Bidders may give offers either for one or for all the properties. Only after
having sufficient EMD in his Wallet, the interested bidder will be able to bid on the date of e-auction. Bidder’s Global Wallet should have sufficient balance (>=EMD amount) at the time of bidding. In
case of offers for more than one property bidders will have to deposit EMD for each property.

2. Earnest Money Deposit (EMD) amount as mentioned above shall be paid online through i.e. NEFT/Transfer (After generation of Challan from (https:www.mstcecommerce.com) in bidders Global
EMD Wallet. NEFT transfer can be done from any Scheduled Commercial Bank. Payment of EMD by any other mode such as Cheques will not be accepted. Bidders, not depositing the required EMD
in his Wallet, will not be allowed to participate in the e-auction. The Earnest Money Deposited shall not bear any interest. The EMD of the unsuccessful bidders will be returned without interest.
3. Platform (https:www.mstcecommerce.com) for e-Auction will be provided by our e Auction service provider MSTC Limited having its Registered office at 225-C, A.J.C. Bose Road, Kolkata-700020. The
intending Bidders/Purchasers are required to participate in the e-Auction process at e-Auction Service Provider’s website https:www.mstcecommerce.com. This Service Provider will also provide online
demonstration/ training on e-Auction on the portal. The Sale Notice containing the Terms and Conditions of Sale is available/published in the Banks websites/webpage portal.
https://www.bankofbaroda.in/e- auction.htm, https://ibapi.in The intending participants of e- auction may download free of cost, copies of the Sale
Notice, Terms & Conditions of e-auction, Help Manual on operational part of e-Auction related to this e-Auction from e-Bक्रय –IBAPI portal (https://www.ibapi.in).

4. The bid price to be submitted shall be above the reserve price and during the e-auction bidders will be allowed to offer higher bid in inter-se bidding over and above the last bid quoted and by minimum
increase in the bid amount given in above table to the last higher bid of the bidders. The property will not be sold below the reserve price set by the Authorized Officer. The bid quoted below the reserve
price shall be rejected. The bidders shall increase their bids in multiplies of the amount specified in the public sale notice/Terms and condition of Sale. Unlimited extension of 10 Minutes time will be given
in case of receipt of bid
in last ten minutes. Ten minutes time will be allowed to bidders to quote successive higher bid and if no higher bid is offered by any bidder after the expiry of ten minutes to the last highest bid, the e-
auction shall be closed.

5. Intending Bidders are advised to properly read the Sale Notice, Terms & conditions of e-auction, Help Manual on operational part of e-Auction and follow them strictly.
6. In case of any difficulty or assistance is required before or during e-Auction process they may contact authorized representative of our e-Auction Service Provider (https:www.mstcauction.com), details
of which are available on the e-Auction portal.
7. After finalization of e-Auction by the Authorized Officer, only successful bidder will be informed by our above referred service provider through SMS/ email. (on mobile no/ email addressgiven by them/
registered with the service provider).
8. The successful bidder shall have to deposit 25% [Twenty Five Percent) of the bid amount, less EMD amount deposited, the same day or not later than next working day and the remaining amount shall be
paid within 15 days from the date of confirmation of sale. In case of failure to deposit the amounts as above within the stipulated time, the amount deposited by successful bidder will be forfeited to the
Bank and Authorized Officer shall have the liberty conduct a fresh auction/ sale of the property & the defaulting bidder shall not have any claim over the forfeited amount and the property.
9. Default of Payment: Default of payment of 25% of bid amount (less EMD) on the same day or the next working day as stated above and/ or 75% of balance bid amount within the stipulated time shall
render automatic cancellation of sale without any notice. The EMD and any other monies paid by the successful bidder shall be forfeited by the Authorised Officer of the Bank.
10. Payment of sale consideration by the successful bidder to the Bank will be subject to TDS under Section 194-1A of Income Tax Act 1961 and TDS is to be made by the successful bidder only at the time of
deposit of remaining 75% of the bid amount.
11. On receipt of the entire sale consideration, the Authorized Officer shall issue the Sale Certificate as per Rules. The purchaser shall bear the stamp duties, including those of sale certificate, registration
charges, all statutory dues payable to Government/any authority, Taxes, GST and rates and outgoing,
both existing and future relating to properties.

12. No request for inclusion/substitution of names, other than those mentioned in the bid, in the sale certificate will be entertained. The Sale Certificate will be issued only in the name of the successful
bidder.
13. The Sale Certificate will not be issued pending operation of any stay/ injunction/restraint order passed by the DRT/DRAT/High Court or any other court against the issue of Sale Certificate. Further no
interest will be paid on the amount deposited during this period. The deposit made by the successful-bidder, pending execution of Sale Certificate, will be kept in non-interest bearing deposit account. No
request for return of deposit either in part or full/cancellation of sale will be entertained. In case of stay of further proceedings by DRT/DRAT/High Court or any other 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.
14. The Authorized Officer/Bank has the absolute right to accept or reject any bid or adjourn/ postpone/ cancel the sale/modify any terms and conditions of the sale without any prior notice and without
assigning any reason including calling upon the next highest bidder to perform in case the earlier bidder fails to perform.
15. The Intending purchaser can inspect the property on date and time mentioned above at his/her expense. For inspection about the title document & other documents available with the Bank, the intending
bidders may contact Bank of Baroda Branch during office hours prior to two days of auction date.

16. The property is being sold on “As is where is”, “As is what is” and “Whatever there is” basis and the intending bidders should make their own discreet independent inquiries & verify the concerned
Registrar/SRO/Revenue Records/ other Statutory authorities regarding the encumbrances and claims/rights/dues/ charges of any authority such as Sales Tax, Excise/GST/Income Tax besides the Bank’s
charge and shall satisfy themselves regarding the, title nature, description, extent, quality, quantity, condition, encumbrance, lien, charge, statutory dues, etc over the property before submitting their bids.
The e-auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation of the bank. The Authorised Officer/ Secured Creditor shall not be responsible
in any way for any third party claims/ rights/ dues. No claim of whatsoever nature regarding the property put for sale charges/encumbrances over the property or on any other matter etc., will be
entertained after submission of the online bid.
17. The Bank does not undertake any responsibility to procure any permission/license, NOC, etc. in respect of the property offered for sale or for any dues like outstanding water/service charges, transfer
fees, electricity dues, dues to the Municipal Corporation/local authority/Co-operative Housing Society or any other dues, taxes, levies, fees, transfer fees if any in respect of and/or in relation to the sale of
the said property. Successful Bidder has to comply with the provisions of Income Tax regarding purchase of property & to pay the tax to the authorities as per applicable rates.
18. The sale is subject to confirmation by the Bank.
19. The sale is subject to conditions /Rules/Provisions prescribed in the SARFAESI Act 2002 and Rules framed there under and the conditions mentioned above. For more details if any prospective bidders
may contact the authorized officer on Tel No.022-43683801

Date: 01.01.2021

Place :- Mumbai -SD XX –

Authorised Officer Bank of Baroda