govt to drop plant analysis clause - hdfc home loan...2020/10/07 · ner ofapple to sel its...
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IO-JULY-2020FROM 10 AMTO 10:30 AM
10-JULY-2020FROM 10 AMTO 10:30.
Rs 10.000/-
ThousandOnly)
(H)Last date ofsubmission
of bid*
(O)
37,00.000/-(Rupees
Thirty SevenLakh Only)
37.00.000/-(Rupees
Thirty SevenLakh Only)
(F)
20-JUNE-2020BETWEEN
12 NOON TO3 PM
20-JUNE-2020BETWEEN
12 NOON TO3 PM
(E)(D)
property being Flat No.; T10/502. admeasuring 615 sqft. appro*, on the 5th Floor ofTower-10, in the project known
unworldArtstaT situated at GH-1C. Sector-168, NoidaExpress Way. Noida. Utiar Pradesh, Pin.. 201301,ilongwith the undivided proportionate share of the land andhe construction thereon present and in future
The property being Flatno.:T10f501. admeasuring 615 sqappro^, on the 5th Floor of Tower-10, in the project known"Sunworld Arista", situated at GH-1C, Sector-168, Noida
Express Way. Noida, Utiar Pradesh. Pin. 201301, along^ie undivided proportionate share of the land and
construction thereon present and in future
Outstanding duesto be recovered(Secured Debt)
(Rs)"
(B)
LAC No 613311635
LAC No- 613311336
Name's of Borrower!*)/Mortgagsr(s)/ Guaranto^s)/
Legal Heirs and LegalRepresentatives (whether
known or unknown)Executo^s), Administrator!*),Successor!*) ^n^ Asslgn(s)
of the respectiveBorrower!*)' Mortgagor!*) I
Guaranto^s) (sincedeceased), a* the case may bs-
(A)
USING DEVELOPMENT FINANCE CORPORATION LIMITEDThe Capital Court, Munirka, Outer Ring Road, Otof Palme Marg. New Delhi-110067,
Tel 011-41596676/568 CIN L70100MH1977PLC019916 Website: www hdfc.comE-AUCTION SALE NOTICE (Sale through e-biddina on^
Assets undarthe Securitlsstion and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with proviso to Rule 8(6) of the SecurityInterest (Enforcement) Rules, 2002.Notice is hereby given to the public in general ami in particular to the Borrower(s) and Guaranto^s) indicated in Column (A) that the below described immovable property(ties) described in Column (C) mortgaged/charged tothe Secured Creditor, the constructive/physical possession of which has been taken as described in column (D) by the Autbonsed Officer of Housing Development Finance Corporation Limited (HDFC Ltd) Secured Creditor.wil l be sold on "As is where Is", "Asiswhatis", and "Whataverthsreis"as per the details mentioned below:Notice isherebygiven to Borrower /Mortgagor^)/ legal heirs legal representatives (whether known or unkr^^wn). executor^), administralor(s),successor(s)andassign(s)of the respective BorTOWer(s)/Mortgagor(s)(slncedeceased), as the case may be. indicated in Column (A) under Rule 8(6)of the Security Interest (Enforcement) Rules 2002.For detailed terms and condit ions of the sale, please refer to the link provided In Housing Development Finance Corporation Limited (HDFC Ltd)Socured Creditor's websitet. e. www HDFC.Com
MANIPUR STATE POWER DISTRIBUTIONCOMPANY LIMITED
(Regd. Office: Secure Office Complex, 3rd Floor,North AOC, A. T. Line Imphal West, Manipur-795001)
NOTICE INVITING TENDERImphal, Dated the 27 May, 2020
No. 2/226(AB Cable-IPDS)2019-MSPDCL-TECH/351-58Manipur State Power Distribution Company Limited (MSPOCL), aGovernment ol Manipur enterprise, invites Sealed Tender tor supply OfXLPE Insulated AB Cable* with inaulated messenger cum neutral
• Through e-oaymartPo> ^rge*ty criteria and other details pleese logon to www.coftcor1 rMHa.coni eprocurtgov.ln awww.WnderwUajd.cwn/CCX Bidders we requested to visit the wetwWa regutWy CONCOftreserves the nght to reject any dt as the lenders without assigning any reaeons thereof For completedeladslopdnlowww.Wndeiw(uni.coinrCCK. - Orouo General UeneocriNR
From 02 06 2020 al 1 SOOhre . lupto t5 .06 2O2O.16O0 hrs |^SBS/- inausrve of an tales and duties (^on refundable) throughe-iwyrnent
PrafessmWServicesotCargnMs r*wt CMtacki HimecrwFlwleshCOWNRTTCfCargcHdlgJBadd 2020
IQE (E-Tend.ering.Mpde Qnlyj
Dele ST™ of OpeningLl Dale S Time ol sutvrts wi
TgnderProcewngPw-
P,^ofl DtthecontrauE^"ysi Money DeooW
TenOsrNoInlandContalnwDepot MB*
Authorised Officer, Punjab National BankDated: 3045-2020. Place: New Delhi
The above ment ioned Borrowers / Guarantors am advised (1) To col lect Ihe original notice trom the undersigned for more and completedetai ls end (2) To pay the balance outstanding amounl interest and cosls etc within 60 days from the date of not ice referred to above toavoid further acton under Ihe SAflFAESI Act
1.EQM of residenti^l property situated atentire 2nd floor (Duplex) situated at L-44,LsJpetNsgsr-2,NewOelhl-1t0fl24Nam* & Address ol Mortgager I Hypotheeator
Shn Prttpal Singh S/O Lite SM KiramSingh, Residential Address: L44 l lnd Floor.Ll vagar-2. New Delhi-1100242.Hypothecation of Stocks ReceivablesName A Address of Mortgager/ Hypothecat^U/i KK Enterprises, Gowdown Address: 85,Gaulam Nagar New Delhi-110049
Detail! of Secured Attete:
Demand Nolice Dated18-02-2020
Amount Outstanding7 2,10,88,589.76
m on 31-01-2020+ interest
? Legal Chsrgst.
Demand Notice Date
M/t KK Enterprises (Borrower) Olfica: E-9, HawKhas New Delhi-110016, Gowdown Address: 85,Gaulam Nagar New Delhi-110049.Smt. Seems Sharma (Prop.) Residential Add. E-9.Hauz Khas. New Delhi-110016 0fflAfk(n8i;E-9,Haur Khas. New Delhi-110016 Shn Pntpal Singh(Guarantor) Res Add: t-44, llnd Fioor(Duplex),Lajpal Nagar-2, New Delhi-110024, Of fice Address.E-9 HauzKhas. New Delhi-110016
Amount OutstandingName of Borrowers/
Guarantors A Date of NPA
ITIZATION AND RECONSTRUCTION OFRITY INTEREST ACT, 2002 (SARFAESI ACT)
In re^ped of loans avai led by below men toned borrowers I guarantors to rough Pun|ab National Sank (e-OBC), which havebecome NPA with below mentioned balenra outstanding on dates mentioned below. We have already issued detailed DerNotice dated as mentioned below Under Sec. 13(2) of Securitization and Reconstruction of Financial Assets and EnlorcermSecurity Interest Act 2002 by Registered Post / Speed Post I Courier with acknowledge due to you which has been relumedundeWered / acknowledgment not received. We have indicated our intention ol taking possession of securities owned on one of you
per Sac 13(4; of the Act in case of your faci lure to pay the amount mentioned below within 60 days. In trie event of your mdischarging l iabili ty as set out herein above the Bank t Secured Creditor may exercise any of the right conferred vide section 13(4)SARFAESI Act and whi le publ ishing the possession notice / auction notice, electronical ly or otherwise, as required under theSARFAESI Act. the Bank I Secured Creditor may also publ ish your photograph Detai ls are hereunder
RETIREMENT FUND BODYEPFO on Monday said it hadreleased 7868-crore pensionalong with 7105-crore arrearson account of restoration ofcommuted value of (higher)pension.
On the recommendation ofEPFO's apex decision makingbody Central Board ofTrustees,the government had acceptedone of the long-standingdemands of workers to allowrestoration of commutedvalue of pension after 15 years,a labour ministry statementsaid.—FT!
(South S East)92/E1, R K Msrktt, Munlrks, Now Dtlhl-110067,
Ph.; 26108530. 26108531 Email: [email protected]
EPFO releases
pension worth?868 cr, restorescommuted valueNew Delhi, June 1
At present,only Wistron andFoxconn assemble iPhones in1 ndia.Wistron has already announced to expand its operationby increasing the manpower byabout 10 times to 20,000 people over the next two years withan initial investment of around72,000 crore.
Under the Production linked Incentive schemes,an electronic company has the potential to get an incentive of around77,500 crore if it scales up production to worth about 71.5lakh crore over next five years.
The government expects togenerate manufacturing revenue potential of 710 lakh croreand create direct and indirectjobs for 20 lakh people by 2025through these schemes.
try.Theelectronics manufacturing companies will get 4-6%incentives based on certainincremental sales every year.
Apple's iphone assemblypartner Pegatron is also planning to set up a plant in India totake benefit of the new schemes.Pegatronwill be the fourth partner of Apple to sel its footprintin India after Wistron, Foxconnand Compal Electronics.
MeitY wants to go fullthrottle to capitaliseon sentiments of the
US, Japan, Taiwan andother nations looking to
shift their companies'base out of China
Of China amid the Covid-19cri-sis. "MeitYis likely to drop theclause to eval uate plant machinery and other capital goods at40% of the original value in therecently announced incentiveschemes. The changes are likelyto be notified in a day or two," asource said.
On April 1, the governmentnotified three schemescompris-i
Move aimed to easeshifting of base for coslike Apple, contractmanufacturers to India
PRESS TRUST OF INDIANew Delhi, June 1
THE GOVERNMENT IS likely todrop a da use of evalua ting plantmachinery for electronics manufacturing in the recently-notified ^48,000crore worth incentive schemes to ease shifting ofbase for companies like Apple
nd contract manufacturers toIndia,according to sources.
TTic ministry of electronicsand IT (MeitY) wants to go fullthrottle to capitalise on sentiments of the USaanT^iwan
s
Govt to drop plant analysis clause
mTUESDAY, JUNE 2, 2020WWW.FINANCIALEXPRESS.COM
![Page 2: Govt to drop plant analysis clause - HDFC Home Loan...2020/10/07 · ner ofApple to sel its footprint in India afterWistron, Foxconn and Compal Electronics. MeitY wants to go full](https://reader033.vdocument.in/reader033/viewer/2022060803/608718d5628ff03c6439a79f/html5/thumbnails/2.jpg)
•• •w Delhi•• •
Officer
besuDjecttothefmaioutcomeof and/or omers.diredionsetc asmay be passed by the HonhleDRT/Courtlromiime to t ime in the above sm Is /proceeding The successful b idder / purch^sers sha* be reguiredf ine Applicants in the above suit and the proposed sale in exercise ot powers under the Secuntisation and ReconstnictonotFinancialAssetsand Enforcement of Security interestAct. 2002.thout prejudice to the r ighls of and remedies avai lable to HOFC.
order restraining and/or injunctingHDFC/theAuihnnsed Officer of HDFC from selling, al ienating and/or disposing off the above immovable properties/sHDFCdoesnot warrant BieBCCuracyorcompietenessOftheinfotmatXH-.contained m die documents Ihaf we reded upon in the above proceedings (thai is pending at^ ^UdcaHonJotes totheevistertceof anyother feet aMeged
presentabons made by die Applicants whether in the pleadings or otherwiprospective purchasers / bidders and interested part ies may independently take inspection of the pleadings filed m the above proceedings' orders passed etc. including but noi limited to the documents of lille pertainingeto avai lable with HOFC and satisfy themselves in al l respect pnor losuOmitling tenders or making offersFC I the Authorised Officer of HDFC does not accept any responsibility or liabi l ity whatsoever tor loss that may be incurred by the successful bidders / purchasers at a later date whether on account of non availabil ity of
information or otherwise.Successful bidders / purchasers shal not have any recourse against HDFC on any ground whatsoever including but not limited to the above Hence, i t wi l l be in the interest of die prospective purchasers / bidders lo apprise
terial facts which may inf luence their decis km before submit: trig lenders and/or making offersShrirsm Automall India Limited would be assisting the Authonired Gflicer in conducting Ihe auction through an e-bidding process For any assistance related to inspection of the ptopetty. or for obtaining tbe Bid
ument and foranyother queries, please gel in touch with Mr. ShadebAkhUr (Mobil* No. 9910453434) of M/sShrtramAutomatl India Limited or Mr.A]uA*hok.AuthortedOfficer.HDFCLtd. (011-41596588 Mbil9971380421) or Mr. Sachln Kspoor, Authorised Off leer. HDFC Ltd. (011-415S856SMobiisNo.B9e857003T)orMr.NaelabhMi*hr*(MobileNo.8527464S27).Bid Document can be collected / obtained from The Authorized Office' of Housing Developrr ent Finance Corporation Limited (HDFC) having his office at 2ND FLOOR. THE CAPITAL COURT. MUNtRKA-OLOF PA
MARG. NEW DELHI-110067 or directly from M/sShnramAutomal i India Limned.beingsoidon'ASiSWHEREIS"and"A5tSWHATtS"basis
Dais: 1-JUNE-20MPlace: NEW DELHIRegd. Office: Ramon House. H T Parekh Marg. 169. Backbay Reclamation. Mumbai - 400020
NEW DELHITIS HAZARI COURTS.DGE.HI
V(L JUYDEI
LDC^. NE
DEL
WORLD RESIDENCY PVT. LTD IN THE COURT OFHDFC LTD. 4 M/S SUNYA Vs HDFC Lfd IN THE COURT OF ID CIVIL JUDGE. TiS HAZARI COURT/s HDFC IN THE COURT OF LD CIVIL JUDGE, TIS HAZARI COURTS. NEV
TWe ofthe suitses againsl HDFC Detai ls ofthe suits / proceedings arlave filed Ihe fol lowing ca
MAHAJAN VSTACHAFBHA
RAHULSUBIRRAJESH RAY 4 ORS
Krower'sthe be
141 OF 2016565 OF 2020994 OF 2019
C.SNoCSNoCS No
S.A NO /SUIT No
11849
5.64 7
PropertySerial No.
@!18%p.a. ssapplicaDie.incidantal expenses, costs, ctiargesetc.incurredupd information of the Authorized Officer of HDFC Ltd. there are n
properties, the prospective purchasers /b^dders ate requested to independently as, has to be cleared/ paid by tha successful pchs/bddth
69.00.000/-(Rupees
Sixty NineLakh Only
C-213. 21ST FLOOR. THE PEACEFUL HOMES.TOWER C. S NO SECTOR 70A VILLAGE PALRA.GURGAON ADMEASURING SUPER AREA OF 1565 SQFE (APPROX) ALONG WITH EXCLUSIVE USE OFONE CAR PARKING SPACE
Rs.71.55.044/- (RupeesSeventy One Lakh Fi fty
Four Only)
)MRGAUTAMCHUGH.MR GAURAV CHUGH.MR YADVANSH KUMARCHUGH,MS KAMLESH CHUGHIA/cNo 6146S7740)
1O-JULY-2020FROM 2TO 2 30 PM
Rs 10.000/-Rupees TenThousand
Only)
10% ofihe BidAmount
at 1406. Tower 6. Floor 14, having Super Area of 2100Sq Feel (195.09 Sg mt ) in project known as SunhdAnsta situated at Plot B GH-1C. Sector - 168Expressway. NoeJa 201301
(Rupees One Crore TenLakh Sixty One
Thousand Five Hundredand Thirty Seven Only)
outstanding as on30.05.2019*
MR. RAHUL MAHAJAN(^e No 615892938)
26.00.000/-(Rupees
Eight Lakh
o G-2. HIG. ground floor,Plot No 253. Id65sqmtr
Rs 27. 83.062/-(RupeesTwenty Seven Lakh
Eighty Three ThousandAnd Sutty Two only)
3108 2016*
(10) BorrowerMRS GUPTA PRIYANKAMR SETH DEEPAK &MR SETH NAND KISHOR
7.00.000/-Thirty Seven
Lakh Only
22-JUNE-202012 NOON TOknown as Sunwond Ansta. situated at GH-tC. Sector
168. Norda Express Way. Noida. Uttar Pradesh. Pin201301. atongwilh the undivided proportionate share of theland and the construction Thereon [/resent and in future
ft. apfvox, on the 15thknown as 'Sunwond A
Mr Subir BhattecMaryaLAC No. 613815988
)Mr. Subir BhatlacharyaLAC No. 613295333
1O-JULY-2O20FROM 1 PFTO 1 30 PI
s .000/-Thousand
Only)
22-JUNE-2020BETWEEN
12 NOON TOnng 61
"Sunwork! Ansta". si tuated at GH-1C. Sector-a Express Way. Noida, Uttar Pradesh,
201301. alongwith ihe undiv ided proportionate share
0/2604. ae property being Flat No :Rs.35.13.97D/-due28Mrs Shibani Ray
Co-BorrowerMr. Rajesh RayLAC No. 613071724
37,00 000/-Thirty SevenLkh Only)ongwith the undivided proportion
he construction thereon present a
T10/2603 admeasuring 615or of Tower-10 in the projects i fualed at GH-1C. Sector-
)Mr. Ra/esh RayMrs. Piyali RayLAC No. 613074019
10-JULY-FROM 11
1:30 AM10.000/-
RupeesTenOnfy)
7.OO.0OO/-i rty Sevenkh Ol)
ated at GH-1C. Sector-a. Utiar Pradesh Pin
f h
The property being Flat No • T10/2B02. admeasunng 615sq ft approi. on the 26th Floor of Tower-10. in ihe project
n as "Sunwodd Ahl" ittd t GH1C S166. Noufa Express201301. a loogwiih theland and Ihe consirucD
)Mrs PtyaliRayI^. Ra)esn Ray
No. 613073575
OGULY-2020:ROM11AITO 11 30 Af
Rupees TenOnly)
The property being Flat No T10/2001. admeasuring 6'5fthe 20th floor of Tower- to. in Ihe project
a". situated at GH-1C Sector-
-JULY-2020FROM 10 AlTO 10:30 Af
Rupees TenThousand
Only)
10/2302. atfmeasunngS 15 SQor of Tower- 10. m the project", situated al GH-1C Seclor-
1O-JULY-2020FROM 1C "" "
FO 10:30RupeesTenThousand
Only)
The progeny being Flat No :T10,ft. appro*, on the 5th Floor of Tower-10. in the projes"Suhv-oddAnsta~,situatedatGH-1C Sector 1xpress Way. hloida. Uttar Pradesh, Pintongwilh the undivided proport ionate share of the
) Borrower:Mr Kalachand SikdarLAC No. 613311635
ty Seven!
ThepropertybeiogFlatno:T10/501g"Sunwohd Arista" situated at GH-1C. Sector- l68.Noida
Express Way Noida. Unar Pradesh Pm 201301. alongLAC Ho 613311336
Outstanding due*Name^s of Borrower)*)/Mortgage^s)/ Guarnlor(iyRepresentatives (whether
Executor)*). Administrator)*).Successor)t) end Assign)*)
of the respectiveBorrower)*) / Mortgagor)*) /
Grantor)*) [since) h caee may be.
(1)[ (H)(F)IE)(0)(C)
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITEDThe Capital Court. Munirka, Outer Ring Road. Olof Palme Marg. New Oelhi-110067,
Tel . 011-11596676/568 CIN L70100MH1977PLC019916 Website www.hdfc-ComE-AUCTION SALE NOTICE (Sale through e-bidding onM
lAsset* under the SeeuriBsetion end Reconstruction of Financial Assets and Enforc*m*nt ol Security Interest Act. 2002 read with proviso to Rule 6)8) of the SecurityUs. 2002.
to Ihe pubf cc in general and in particular to the Borrower)*) and Guaranto^s) indicated in Cokimn (A)tfIhe constructive / physical possession of which has been taken as described in column ID' by Ihe Authrhsraia", "ABiswhatJ*", and "Whalevertherei*"as per the detai ls mentioned belowi lo Borrower/ Mortgago^s)/legal heirs, legal representatives (whether known or unknown) executor[9).admmmratofls).successor(s)anOassign(s)of!herespectlvBBofTower(s)/Mortggof)s)(since8 may be. indicated in Column(A) under Rule BI6)of the Securi ty Interest) Enforcement) Rules 2002I conditions of die sale, please refer to theimk provided m Housing Develojmtent Finance Corporat ion Limned (HDFC Lfd) Secured Creditor 's website i e. www.HDFC.Ctxh
Notice is hereby giyei
![Page 3: Govt to drop plant analysis clause - HDFC Home Loan...2020/10/07 · ner ofApple to sel its footprint in India afterWistron, Foxconn and Compal Electronics. MeitY wants to go full](https://reader033.vdocument.in/reader033/viewer/2022060803/608718d5628ff03c6439a79f/html5/thumbnails/3.jpg)
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Office: The Capital Cunt, Monkka, Outer Ring Road,Olo( Palme Mug, New DeW 110 067.41115111.Corporate Identity Number I70I00MH1PTTPLC0IW16ice: Ramon Hotaae, H T Patekh Matg, 169, Backbit Reclamation, Chutchgate, Mumbai 4O0 020.
TERMS & CONDITIONS OF SALE:•
1.Sale is strictly subject to the Terms. Conditions and Disclaimers stipulated In the Public E-Auction Notice,prescribed Bid Document, Offer Acceptance Letter and any other related documents.
2.Secured Asset is available for Inspection as mentioned in column (E) of the E-Auction Sale Notice.
3.Bid Document can be obtained on-line from the website https://eauctions.saml1.ln or can be obtained at HDFCLtd. Second Floor. The Capital Court. Munirka. Outer Ring Road. Olof Palme Mara. New Oelhi-56.
4.For any assistance related to inspection of the property, or for obtaining the Bid document and for any otherqueries, please get in touch with Mr. Shadab Akhtar (Mobile No. 9910453434) of M/s Shriram Automall IndiaLimited or Mr. Aju Ashok, Authorised Officer, HDFC Ltd. (011-41596568 Mobile No. 9971380421) or Mr.Sachin Kapoor, Authorised Officer, HDFC Ltd. (011-41596568 Mobile No. 8968570037) or Mr. Neelabh
Mishra (Mobile No. 8527464627).\
5.Earnest Money Deposit (EMD) amount of 10% Offer amount shall be deposited by the bidders through DemandDraft / Pay Order in Favour of "HDFC Limited" payable at par.;
6.Minimum bid increment amount is as indicated in Column (I) of the Auction Sale Notice for respective properties /Secured Assets as detailed in the Auction Sale Notice.
7.The offer amount shall be above Reserve Price and bidders shall improve their offers In multiples of Bid
incremental amount Indicated in Column (I) of the Auction Sale Notice.
8.Bid document duly filled in along with the details of payment of EMD sha be submitted at HDFC Ltd. 2"" Floor.The Capital Court. Munirka. Outer Ring Road. Olof Palme Marc New Delhi-56.
9.The last date & time for submission of bids with all necessary documents and EMD in stipulated manner isindicated in Column (G) of the Sale Notice.
10.Incomplete Bid Documents or bids with Inadequate EMD amount or bids received after the date indicated InColumn (G) of the Auction Sale Notice shall be treated as invalid. Conditional offers shall also be treated as
invalid.
11.M/s Shriram Automall India Limited would be assisting the Authorized Officer in conducting the auction through
an e-bidding process.
12.Upon receipt of Bid with the necessary documents as mentioned therein and in this sale notice within thestipulated date and lime mentioned in Column (G) of the Auction Sale Notice , a password/ user ID will beprovided by Shriram Automall India Limited to eligible bidders / prospective purchasers to participate in theonline auction at https://eauctions.samil.in. Necessary trainings will be provided by Shriram Automall India
Limited for the purpose.
13.The auction by way of e-bidding will be conducted on the date and time indicated In Column (J) of the AuctionSale Notice.
,14. The Immovable Property / Secured Asset shall not be sold below the Reserve Price as indicated in Column (F)
on Sale Notice.
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITEDwww.hdlc.coin
r.^DFC
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Regional OfTlcc: The Capital Court, Munirka, Outer Ring Road, Olof Palme Marg, New Delhi 110 0S7.Tel.: 011-41115111.Corpo^^te Identity Number: l.iflinn.MHIOTPLCOlWISRcgd. Office: Ramon House, H T Parekh Marg, 169, Badthay Reclamation. Churchgatc Mumbai 400 020.
Date: 1-JUNE-2020Place: NEW DELHI
Regd. Office: RAMON HOUSE. H T PAREKH MARG, 169. BACKBAY RECLAMATldhfiiHC#ttHGATE. MUMBAI400 020.
For Housing Deorporation Ltd.
15.On sale of the property the purchaser shall not have any claim of whatsoever nature against HDFC Ltd or its
Authorised Officer.
16.The e-bidding would commence and end at the time indicated In Column (J) of the Auction Sale Notice.However, if a bid is received 5 minutes prior to the closing time indicated therein, it would get extended by fiveminutes every time a bid is offered. The auction would end if there is no bid for a period exceeding five minutes.
17.It shall be at the discretion of the Authorised officer to cancel the auction proceeding for any reason and return theEMD submitted and HDFC Ltd will not entertain any claim or representation in that regard from the bidders.
18.The Authorized officer has the absolute right to accept or reject the highest and / or all Bid(s) or postpone orcancel the sale, as the case may be without assigning any reasons thereof and also to modify any of the terms
and condition of this sale without prior notice.
19.The sale shall be conferred on the highest bidder subject to confirmation by HDFC Ltd.
20.EMD of successful bidder shall be adjusted and for all other unsuccessful bidders, the same shall be refundedwithin 10 days from the date of Auction. The Earnest money deposit will not carry any interest.
21.Along with Bid Documents the Bidder(s) should also attach his/her photo identity proof such as copy of thepassport, election commission card, ration card, driving license, copy of the PAN card issued by the Income Taxdepartment etc. and the proof of residence countersigned by the bidder herself/himself.
22.The successful bidder shall be required to pay 25% of the offer amount (including the amount of EMD)immediately Ltd i.e. on the same day or not later than next working day, as the case may be (as per theamended provisions of Rule 9(3) of the Security Interest (Enforcement) Rules, 2002) on confirmation ofoffer acceptance by HDFC, failing which the EMD amount remitted will stand forfeited. The balance 75% of offeramount shall be paid within 15 days of confirmation of sale by the Authorised officer. If the balance amount is notremitted within stipulated time the amount of 25% will stand forfeited as per the amended provisions of Rule 9(4)
of the Security Interest (Enforcement) Rules, 2002.
Note: Bidding in the last minute and second should be avoided In bidders own interest. Neither HDFC Ltd. nor theservice provider shall be responsible for any lapses / failure (Internet failure. Power failure etc.) on the part of thevendor. In order to ward-off such contingent situation bidders are requested to make all the necessaryarrangements / alternatives such as back-up power supply or whatever required so that they are able to
participate in the auction successfully.
CAUTION NOTE:Bidders at large are hereby informed that HDFC Ltd and its Authorized Officer does not deal In cash transaction
with respect to Immovable Property mentioned in the E-Auctlon sale notice.
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITEDwww.hdfc.com