sub:- in the matter of m/s uniplas india limited in c.p.no ... · sub:- in the matter of m/s...

20
C J. (/ End: as above F 161 i-I )urs faithfully, (1AJ7 ALSINGH) OFFICIAL LIQUIDATOR DELHI HIGH COURT GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS OFFICE OF OFFICIAL LIQUIDATOR ATTACHED TO HIGH COURT OF DELHI 8T11 FLOOR, LOK NAYAK BHAWAN KHAN MARKET, NEW DELHI-110003 PHONE NO. 011-24693393, FAX NO. 011-24693314 OL/TC-III/ To, 1) The Official Liquidator, Bombay 51h Floor, Bank of India Building, Mahatma Gandhi Road, Mumbai-400023 (Maharashtra) Registrar General, High Court of Bombay Fort, Mumbai-400032 (Maharashtra) 5) The Assistant Registrar, (Company Branch), High Court of Delhi, New Delhi t1 DATED-2 2 ç f 2) The Official Liquidator, Gujarat Jivabhai Chambers, Ashram Road, Navrangpura, Ahmedabad-380009 (Gujarat) 4) The Registrar General, High Court of Gujarat Sola, Ahmedabad-380060 (Gujarat) SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000- UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF PROPERTY ON THE WEBSITES IN TERMS OF HON'BLE HIGH COURT OF DELHI ORDER DATED 23.02.2015. Sir, I am directed to refer to the order dated 09.0 1.2002 passed by the Hon'ble High Court of Delhi when this Hon'ble Court appointed the Official Liquidator, Delhi as Provisional Liquidator attached to the High Court of Delhi of M/s. Uniplas India Ltd. vitli direction to take charge of assets, records and books of accounts thereof and vide an order dated 3 1 .01 .2005 the Official Liquidator, Delhi attached to this Hon'ble Court has been appointed as its liquidator. Further, this I-lon'ble Court vide its order d:ted 23.02.2015 (copy enclosed) permitted the Punjab & Sind bank to make another attempt at Fair Market Value for sale of the property hearing Survey No. S 90/1 & 90/2 Village Kadaiya, P.O. Bhimpore, Nani Daman-39621 10 (U.T.) of the company cited above through E-auction and the property be duly advertised accordingly in association with the OfficL of Official Liquidator, Delhi. !it announcement of the sale of the property be also put up at the websites of the Punjab & Sind Bank, Official Liquidators of Delhi, Gujarat and Bombay as well as the \\ ( High Courts of Delhi, Gujarat and Bombay. In compliance to the said orde;, the said notice (copy enclosed) has been duly advertised by the bank in the newspapers. The date of inspection ai;d c-auction has been fixed for 13.06.2015 & 24.06.20 15 respectively. In this regard, you are requested to kindly upload the sale notice of the above mentioned property on your website. A soft and hard copy of sale notice are enclosed herewith.

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Page 1: SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO ... · SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000-UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF

C J. (/ End: as above

F161 i-I)urs faithfully,

(1AJ7ALSINGH)OFFICIAL LIQUIDATORDELHI HIGH COURT

GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRSOFFICE OF OFFICIAL LIQUIDATOR

ATTACHED TO HIGH COURT OF DELHI8T11 FLOOR, LOK NAYAK BHAWAN

KHAN MARKET, NEW DELHI-110003PHONE NO. 011-24693393, FAX NO. 011-24693314

OL/TC-III/

To,

1) The Official Liquidator, Bombay51h Floor, Bank of India Building,Mahatma Gandhi Road,Mumbai-400023(Maharashtra)

Registrar General,High Court of BombayFort, Mumbai-400032(Maharashtra)

5) The Assistant Registrar,(Company Branch),High Court of Delhi,New Delhi

t1 DATED-2 2 ç f

2) The Official Liquidator, GujaratJivabhai Chambers, Ashram Road,Navrangpura,Ahmedabad-380009(Gujarat)

4) The Registrar General,High Court of GujaratSola, Ahmedabad-380060(Gujarat)

SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000-UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF PROPERTY ON THEWEBSITES IN TERMS OF HON'BLE HIGH COURT OF DELHI ORDER DATED23.02.2015.

Sir,

I am directed to refer to the order dated 09.0 1.2002 passed by the Hon'ble High Court of Delhi

when this Hon'ble Court appointed the Official Liquidator, Delhi as Provisional Liquidator attached to

the High Court of Delhi of M/s. Uniplas India Ltd. vitli direction to take charge of assets, records and

books of accounts thereof and vide an order dated 3 1 .01 .2005 the Official Liquidator, Delhi attached to

this Hon'ble Court has been appointed as its liquidator.

Further, this I-lon'ble Court vide its order d:ted 23.02.2015 (copy enclosed) permitted the Punjab & Sind

bank to make another attempt at Fair Market Value for sale of the property hearing Survey No. S

90/1 & 90/2 Village Kadaiya, P.O. Bhimpore, Nani Daman-39621 10 (U.T.) of the company cited above

through E-auction and the property be duly advertised accordingly in association with the OfficL of

Official Liquidator, Delhi. !it announcement of the sale of the property be also put up at the

websites of the Punjab & Sind Bank, Official Liquidators of Delhi, Gujarat and Bombay as well as the

\\(High Courts of Delhi, Gujarat and Bombay. In compliance to the said orde;, the said notice (copy

enclosed) has been duly advertised by the bank in the newspapers. The date of inspection ai;d c-auction

has been fixed for 13.06.2015 & 24.06.20 15 respectively.

In this regard, you are requested to kindly upload the sale notice of the above mentioned property on your

website. A soft and hard copy of sale notice are enclosed herewith.

Page 2: SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO ... · SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000-UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF

4

zl-1^51'

HIGH COURT OF DELHI; NEW DELHI

From

The Registrar General,Delhi High Court,

CIA vNew Delhi.

ToThe Official Liquidator, 79t8th Floor, Lok Nayak Bhawan,

/

Khan Market,

New Delhi 110003.

Su. ço.P. ,324/200Q &CA N.416±20

In the m atter of:m/s. Uniptas India Ltd.

Sir,

I am directed to forward herewith a copy of order passed by Hon'bte Lompany

Judge on 23-02-2015 for information and necessary compliance.

Please acknowledge the receipt.

End: copy of order.

Yours faithfully,

35Admn. ffi. Judicial (Co.)

For Registrar General.

Lrl

FC1 101-N 'EP.!rY

1AR ?:

ID

I

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I "

$-28* IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO.PET. 324/2000IN THE MATTER OF M/S IJNWLAS INDIA LTD......Petitioner

ThroughMr. Rajinder Wall, Advocate for applicant

Punjab & Sind Bank.Mr, Sanjay Katyal, Advocate for 0. L.

CORAM:HON'BLE MR. JUSTICE SUDERSHAN KUMAR M1SRA

23.02.2015

CppkiL NO.416I2015This application has been moved by Punjab and Sind Bank under

Rule 9 of the Companies (Court) Rules, 1959 seeking directions in respect

of the property bearing survey Nos. 86/3, 86/4, 87R, 871 12, 87/3, 87i4, 88/I,

88/2, 88/3, 89/1, 89/2 & 89/3 (forming part of Unit-I) and 90/1, 90/2, 82/1

and 81 (forming part of Unit-11) ttdineasuring 36182 sq.mtS. in aggregate

situated in Village KadhaYia, Post Uhimpore. Nani Daman, with building

constructed thereon.It is pointed out that in terms of the valuation carried out by the valuer

t;1t1 to he aroundof the applicant 'air urni iu

Rs.6,83,73,650; at the same time, a realizable value was assessed by the

same valuer at Ks.5 1 8.40 lakhs.

On 21-03.201-1, in Co.Appl0 No.465!213' this Court permitted the

applicant hank o sell the prol)Ci t under the S.\RFAESI Act, 2002 on the

carri out h\ the hankand consequent thereto,

basis of a valuation ed

the applicant is stated to have put up the property for sale thruuIk e auction

Page 1

Co. Pet. No.32412000

Page 4: SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO ... · SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000-UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF

'F I by fixing minimum reserve price of Rs.684 lakhs. However, no bid was

received with regard to the same. It is now prayed that the property be

permitted to be sold by fixing minimum reserve price at the realizable value

of Rs.581.40. The valuer appointed by the applicant itself had given a fair

market value of Rs.6.83 crores with respect to the said property.

Issue notice.

Mr. Sanjay Katyal, Advocate for the Official Liquidator, enters

appearance and accepts notice. lie submits that only one attempt has been

made to auction the properly, and it may be prudent to make at least one

more attempt in this behalf.

There is substance in the contention of counsel for the Official

Liquidator. Consequently, let another attempt be made to sell the property

by keeping minimum reserve price at the lair market value of the property at

Rs.6.83 crores through c-auction. lhe propry e duly advertised.

In addition, airnouncement of the sale of the property he also put up at

the websites of the Punjab and Sind Bank; Official Liquidators of Delhi,

Gujarat and Bombay; as well as the High Courts of Delhi, Gujarat and

Bombay.

it is made clear that the schedule in respect of the property shall he

mentioned in the sale notice itself.

• As far as prayer (11) in this application seeking direction to the

Official Liquidator to remit the amount of Rs.6,73,24,305/- to the applicant

is concerned, the same is deferred for the time being and shall be taken up

along with an appropriate report of the Official Liquidator to be filed in this

behalf within four eeks from today keeping in view all the relevant facts

and circumstances to facilitate an inlbrmed decision on this aspect. A copy

Co. Pet. No. ?2412000 Page 2

0

Page 5: SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO ... · SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000-UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF

,

T'

FEBRUARY 23, 2015

dr

(. Pet. No.32412000

L'.

of the report shall be made available to counsel for the applicant, who may

take instructions thereon.

At the same time, the Official Liquidator shall he associated with the

sale. Needless to say that all steps expected of the Official Liquidator shall

he taken in a timely and efficient manner; and it will be open to the

applicant to also file its own report with regard to the progress of the matter

in case it is so advised.

The application is disposed oil.

SUDERSHAN KUMAR MISRA, J

Page 6: SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO ... · SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000-UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF

Handed - ..over

by DepoSItLIV1l)

Official(3).Bid Increase Amount

-Liquidato r-- j09.10.2006 (1) 1. Rs.684.00 Lacs

2. Rs3,24 LacsLTotal Rs.687.2 4 Lacs

(2) Rs.69.00 lacs

(3)Rs.5-00 lac

- I

2) Date/TimeE-Auction

1)j.2Ol5

10.30 A.Mto

12.30 P.M.

2)4015

11.00 AMto

12.00 NOON

____ qfg

Punjab & Sind Bank(AGovt. of India Undertaking)

sQIICE Sale throughWhereas the undersigned being the Authorized Officer of Punjab & Sind Bank under the SARFAESI Act, 2002 and in exercise of powers conferred under

Section 13(2) read with the relevant rules of the Security Interest (Enforcement) rule 2002 issued demand notice on 12.07.2005 calling upon the borrower

to repay the amount mentioned in the notice within 60 days from the date of receipt f the said respective notice. As the borrowers/guarantors have failed

to repay the amount mentioned in the respective notice, the Authorized Officer has taken actual physical possession of the property under SARFAESI Act,

2002 in terms of orders dated 07.09.2006 of Hon'ble High Court of Delhi for recovery of the secured debts of Punjab & Sind Bank amounting to

Rs.16, 75,38,8660.00 lacs as on 12.07.2005 and interest thereon and with costs and charges in respect of credit facilities to m/s Uniplas India Ltd. (in

Liquidation).The property will be sold on "AS IS WHERE IS BASIS" and "AS IS WHAT IS BASIS" as per details given hereunder and in terms of order dated 23.02.2015 &

21.03.2014 of the Hon'ble High Court of Delhi in C.P. No.-324/2000 through our E-Auction service provider JNDlAPLii. through the web portal

t/!4i2flQrn on 240.2015 .Intending participants can inspect the property on

01 Sale is subject to confirmation by Hon'ble

p High Court of Delhi in C.P. No.-324 /2000.

Name of the Borrower/Guarantors Description of PropertyDemand Date of (1).Reserve price fijbate/Time of

Notice date PossessionInspection

Money

Amount of

Notice

in 1. Land & BuUdiflOflPt 12.07.2005M/sUniplas India Ltd. (Coy.Prov. liquidation of Land in Survey

Sh. J. B.S. Bakshi (Since expired) Nos,81,82/1,90/1 & 90/2

represented by LR5admeasuring 9578 Rs.16,75,38,8

1.Smt J.K. Bakshi (Wife) sq.mtrs. in aggregate 660.00 as on

2.Jeet Bdkshl (Son, represented situated in the Village 30.06.1995

through hs mother Smt. J.K. Kadaiya, Post Bhimpore,

BakSh)Nani Daman -396210

Guarantor 2. Plant& Machinery

Smt. j - ,,(. Baksh'Property beonging to the Coy.)

Page 7: SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO ... · SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000-UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF

--18 .

runjab & Sind Rank(A Govt. of India Undertaking)

1

for last date of submission of bid and detailed terms and conditions, for E-AuctiOn sale please visit web portal

before submission of bids and

taking part in E-Auction sale proceedings and/or contact M/S Cl INDIA PVTLID, C 104, Sector-2, Noida-201301 (U.P)TeL+91 120-4746800, f91-120-4888888 91844753720,

91 9810029923/33 Email iDand/or contact Sh. J.S. Bhatia (Mobile no09911664415).Em 0 1OOLP

Statutory 30 days sale notice

under rule 8(6) of the SARFAESI Act , 2002: the Qrrower/gUarrant0rs are hereby no

to pay the sum as mentioned above alongwith upto date interest and cost and other

expenses before the date of E-Auction failing which the property will be auctioned/sold and balance dues, if any, will be recovered with interest and cost.

Authorized Officer

Place: New Delhi

Date:

-A

Page 8: SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO ... · SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000-UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF

RV

I ri Punjab & Sind Bank- (A Govt. of India Undertaking)

1-'iw1W1U

TERM S & CONDITIONS

The Property shall be sold on "AS IS WHERE IS BASIS "and "AS IS WHAT IS BASIS"

i. Auction Sale/Bidding shall only be done through "Online Electronic Mode" through the web portal bttp' /Jwww

on 24.06.2015 from 11.00 A.M. to 12.00 Noon.

2. Bidders are advised to go through the web portal for detailed terms and conditions for E-Auction

sale before submitting their bids and taking part in the F -Auction sale proceeding and/or contact M/s Cl INDIA PVT LTD, C-

104, Sector 2, Noida-201301 (U.P) Tel +91.120-4746800, +914204888888 +91-8447533720, ,+91 9810029923/33 Emailand/or contact Sh. J. S. Bhatia (Mobile no.0991166441)) Email ID dC

c) bqr .

3.The intending bidders are required to register themselves with the web portal h',p

j wwan u P0ffl and obtain user ID

and password, free of cost, well in advance, which is mandatory for F .

AuctiOfl bidding from m/s Cl INDIA PVT. LTD., C-104, Sector-2,

Noida 201301 (U P) Tel. +91.1204746800, +911204888888,+918447533720+91.9810029923/33 Email ID:

4.The intended bidders who have deposited EMD and who require assistance in creating login ID and

password, uploading data,

submitting bid , training on e-bidding process etc, may contact the serv ice provider MI S Cl INDIA PVT LTD, C-104, Sector-2, Noida-

201301 (UP) Tel.+91-1204746800' +91-8447533720, +911204888888,+9198b0029923I33 Email ID: supporfleauctiQflQ

for availing on line training on E-Auction, free of cost.

5. The property will not be sold below the rese rve price .TheRs.687.24 tacs and 1 st Moneyosit (EMD) isDe

Rs.69.00 lacs. The interested bidders shall submit their bid along with proof of having deposited the EMD by accessing the web

through the acquired Login ID and password from MIS Cl INDIA PVT LTD, C-104, Sector-2,

portal

Noida-201301 (U , p) Te1.+91-1204746800' +91120-4888888^918447533720, ^91-9810029923/33 Email ID

ble through NEFT/RTGS to the following account: Punjab and Sind BankThe EMD shall be paya

nt No.0606110004173° (IFSC Code- PSIB00006O6)Rajendra Place New Delhi, Current Accou

Page 9: SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO ... · SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000-UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF

civ em--iiiriPunjab &

_zI

it seri yice hi u wu ui life

6. The bidders shall upload scanned copies of i)PAN Card ii)ProOf of Identification iii)Copy of proof of address iv) Scanned COPY of

ll (after downloading the same from web portal) after the same are duly filled in and duly signed v)AcknowledgemefltAnnexure II & I receipt of RTGS/NE FT by 22.062Q before 5.00 P.M. in the web portal

tscprr1

alid user id and password provided by service provider M/s Cl INDIA P. LTD. and confirmed payment7 Only those bidders holding v ipating in the "E-Auction" process.

of EMD through NE FT/RIGS shall be eligible for partic

8.The authorized officer is not bound to accept the highest bid and the authorized officer has the absolute right to accept or reject any

or all bid(s) or adjourn or postpone or cancel the EAuction without assigningany reason thereof or to modify any terms and

conditions of this sale without any prior notice and also his decision in this regard shall be final.

9.The property is being sold on "AS IS WHERE BASIS IS "and "AS IS WHAT IS BASIS" and "WITHOUT RECOURSE BASIS" The intending

bidders should make their own in enquiries by themselves to satisfy themselves regarding the encumbrance

s if any over

on auction and regarding claims/rights/dues effecting the property, prior tothe property and regarding title of property put submitting their bid. The LAuction advertisement does not constitute and will not be deemed to constitute any commitment or any

for any charge, lien, encumbrance, property tax or

representatio n of the bank. The authorized officer/bank will not be responsible

any other dues to the Government or anybody, in respect of the property under sale.

10.It shall be the responsibility of the bidders to inspect and satisfy themselves about the property before submitting the bid. The

inspection of property put on E-Auction may be permitted to intended bidders, at their request, at site from 10.30 A.M. To 12.30

P.M on

11.The interested bidders who have submitted their bid not below the reserve price through online mode by

L •2015 up to 5.00

P.M. shall be eligible for participating in the E-Auction bidding process .The bidder shall improve their offer in multiple

lakh. Auction will close as per the closing time if no bid comes during last 5 minutes of the auction closing time. In case bids are

placed within last 5 minutes of closing of auction, the closing time automatically gets extended to S more minutes. This process will

continue until there is no valid bid during last 5 minutes and the auction will get closed.

12.The successful bidder shall have to deposit 25% of the highest bidding amount/sa

le amount, adjusting the EM D already paid, within

next working day from the day of E-Auction through NEFT/RTGS to the following account: Punjab and Sind Bank Rajefldra Place

New Delhi Current Account No.06061100041730 (IFSC Code- P5180000606).

In case of default in payment of 25% of the sale

amount (Less EMD) within the prescribed period, the entire deposit made by the bidder together with the EMD shall be forfeited

Page 10: SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO ... · SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000-UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF

Punjab & SindBankt qjg

(A Govt. of India Undertaking)

without any notice and the property will be resold after issue of fresh sale notice. The defaulting bidder shall forfeit all claims to the

property or to any part of the sum for which it may be subsequently sold.

13.the successful bidder shall be required to deposit the balance 75% of the highest bidding amount/sale amount on or before the 15th

day of E-Auction or such extended period, as may be agreed upon in writing by and solely at the discretion of the authorized officer,

through NEFT/RTGS to the following account: 'unjab and Sind Bank Rajendra Place New Delhi Current Account

No.06061100041730 (IFSC Code- PSIB0000606), subj Ct to the confirmation of the Hon'ble High Court of Delhi in C.P. No.

324/2000. In case of default in payment of remaining 75% of the sale amount within the prescribed period, the entire deposit made

by the bidder together with, the EMD will be forfeited without any notice and the property will be resold after issue of fresh sale

notice. The defaulting bidder shall forfeit all claims to the property or to any part of the sum for which it may be subsequently sold.

14.On Compliance of terms of sale, the authorized officer shall issue a certificate of sale in favour of purchaser in the same name in

which bid is submitted by the purchaser.

15.The EMD(paid through NEFT/RTGS) will be refunded to the unsuccessful bidders within seven days from the date of E-Auction by

credit to originating account and such bidders will not be entitled to claim any interest, costs, expenses and any other charges (if

any).

16. Successful bidder will have to pay all statutory dues /taxes/fees/charges/ho using society dues & charges/property tax/ electricity

dues/water charges & dues etc. if any. If the bidder requires he should make his own enquiries by themselves regarding any

statutory liabilities, various dues from different organizations before participating in the auction Bank holds no responsibility to

provide information about the same.

17.Statutory dues/other dues/all attendant charges including registration, stamp duty/taxes etc shall be borne by the purchaser i.e.

successful bidder.18 Words and expressions used herein above shall have the same meaning respectively assigned to them in SARFAESI Act 2002 and the

rules framed there under.

19. Disputes, if any, shall be within the jurisdictions of Delhi Courts only.

20.f the dues of the bank together with all costs, charges and expenses incurred by the Bank are paid on behalf of the borrower or

guarantor, at any time on or before the date fixed for [-Auction sale, the sale of asset will be cancelled.

Page 11: SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO ... · SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000-UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF

II Punjab & Sind Bank(A Govt. of India Undertaking)

21.Particulars specified in respect of the above said property have been stated to the best of the information of the AuthorizedOfficer/Bank but Authorized Officer and /or Bank will not be answerable for any error, mis-statement or omission in this public

notice.the cour,

of bidding online shall be the responsibility of the bidder and no claim in this

22. Any issue with regard to connectivity during

regard shall be entertained.

23.The above conditions are in addition to the other terms and conditions available at the website httjv'\

yb pSQI" of

our E auction provider M/s Cl INDIA PVT LTD.

24.This is also a notice to the borrower/guarantor/mortgagor of the aforesaid loan account about holding of E-Auction for sale on the

above mentioned date 40.2015.

25.The prospective bidders will have to submit a combined bid for both items no. (i) & No. (ii) above.

Authorizd Officer

Date: Punjab & Sind Bank

Place: New Delhi

Page 12: SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO ... · SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000-UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF

j1.

Where service iv a ,vay 01-1i&

Whereas the undersigned being the Authorized Officer of Punjab & Sind Bank under the SARFAESI Act, 2002 and in exercise of powers conferred under

Section 13(2) read with the relevant rules of the Security In

(Enforcement) rule 2002 issued demand notice on 12.07.2005 calling upon the borrower

to repay the amount mentioned in the notice wittice. As the borrowers/guarantors have failedwithin 60 days from the date of receipt of the said respective no

to repay the amount mentioned in the respective notice, the Authorized Officer has taken actual physical possession of the property under SARFAESI Act,ed debts of Punjab & Sind Bank2002 in terms of orders dated 07.09.2006 of Hon'ble High Court of Delhi for recovery of the secured

amounting to

t of credit facilities to MIS Uniplas India Ltd. (inRs.16, 75,38,8660.00 lacs as on 12.07.2005 and interest thereon and with costs and charges in respec

Liquidation).The property will be sold on "AS IS WHERE IS BASIS" and "AS IS WHAT IS BASIS" as per details given hereunder and in terms of order dated 23.02.2015 &

Hon'ble High Court of Delhi in C.P. No.-324/2000 through our EAuction service prov ider LUNDlA

through the web portal

ttIlwwnkeau.cub0ns.com on2015 .Intending participants can inspect the property on

2Qi Sale is subject to confirmation by Hon'ble21.03.2014 of the

High Court of Delhi in C.P. No.-324 /2000.

Name of the Borrower/Guarant0rS Description of PropertyDemand Date of (1).Rese e price 1)Date/Tim of

tNotice date possession - -- -

Inspection

- Handed(2).EarneSt Money

MDate/Time of

Amount of over by L9eposit

Notice Official(3).Bid Increase Amount E-Auction

-

Liquidator

M/s Uniplas India Ltd. (Coy. In1. Land & Building on Plot 12.0 7.2005 09.10.2006

2. Rs.3.24 Lacs(1) 1. Rs.684.00 Lacs fiQ2O'5

Prov. Liquidationof Land in Survey

Sh. J. B.S. Bakshi (Since expired)Nos,81,82/1,90/l & 90/2

Total Rs.687.24 Lacs 10.30 A.M

represented by RS3meaSuriflg 9578 Rs.16,75,38,8

(2) Rs.69.00 lacs to

1.Smt. J.K. Bakshi (Wife)sq.mtrs. in aggregate 660.00 as on

12.30 P.M.

2J2) P

eet Bakshi (Son, representedsituated in the village 30.06.1995 (3)Rs 5 00 lac

through his mother Smt. J.K.Kadaiyd, Post Bhimpore,

Q

ani Daman -396210 11.00 AMBakshI)

N I

Guarantorant&Mathe

Smt J . Baksht

to

Property belonging to the coy.)

12.00 NOON

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I

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Punjab & Siñd Bank(A Govt. of India Undertaking)

Where serviee A: a FVUY Of life

before submission of bids andlot last date of submission of bid and detaled terms and conditions, for E-Auction sale please visit web portal

.i

taking part n E -Auction sale proceeflings and/or contact M/S Cl INDIA PVT LID, C 104, Sector-2, Noida-201301 (UP)Tel.+91 120-4746800, i-91 120-4888888+91-8447533720,

1- q810029923/33 Email iDand/or contact Sb S. Bhatia (Mobile no.09911664415).EmaCl ID

Statutory 30 days sale notice

under rule 8(6) of the SARFAESI Act • 2002: the borrower/guarrantOrS are hereby notify to pay the sum as mentioned above atongwith upto date interest and cost and other

expenses before the date of E-Auction failing which the property will be auctioned/sold and balance dues, if any, wil be recovered with interest and cost.

Authorized Officer

Place: New Delhi

Date:

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Punjab &. Sind flank(A Govt. of India Undertaking)

TERMS & CONDITIONS

The Property shall be sold on "AS IS WHERE IS BASIS "an d "AS IS WHAT IS BASIS"

i. Auction Sale/Bidding shall only be done through "Online Electronic Mode" through the web portal

on from 11.00 A.M. to 12.00 Noon.

2. Bidders are advised to go through the web portal for detailed terms and conditions for E-Auction

sale before submitting their bids and taking part in the E Auction sale proceeding and/or contact M/s Cl INDIA PVT LTD, C-

104, Sector-2, Noda-201301 (U.P) Tel.+91420-4746800, +91 1204888888 +91-8447533720, ,+91-9810029923/33 Email

and/or contact Sh. J. S. Bhaia (Mobile no.09911664415) Email II,

3.The intending bidders are required to register themselves with the web portal sJt ,.t

r1 LtQm and obtain user ID

and password, free of cost, well in advance, which is mandatory for E -Auction bidding from M/S Cl INDIA PVT. LTD., C-104, Sector-2,

Noida-201301 (U.P) Tel. +911204746800, 4911204888888, +918447533720+919810029923/33 Email ID:

uort,bankeauCtiQBrcQm.

4.The intended bidders who have deposited EMD and who require assistance in creating login ID and Password, uploading data,

submitting bid , training on e-bidding process etc, may contact the service provider M/s Cl INDIA PVT LID, C-104, Sector-2, Noida

201301 (U.P) Tel.+91-120-4746800' +91-8447533720,+91-120-4888888,+91-9810029923/33 Email ID:

for availing on line training on E-Auction, free of cost.

5. The property will not be sold below the reserve priceri !L Rs.687.24 lacs and ci fV12pe051t (EMD) is

ited the EMD by accessing the web

Rs.69.00 lacs. The interested bidders shall submit their bid along with proof of having depos

portalthrough the acquired Login ID arid password from M/S Cl INDIA PVT LTD, C-104, Sector-2,

Noida-201301 (UP) TeI.+91-1204746800' +91120-4888888 +91.8447533720, +91-9810029923/33 Email ID

The EMD shall be payable through NEFT/RTGS to the following account: Punjab and Sind Bank

Code- PSIB00006O6)Rajendra Place New Delhi, Current Account No.06061100041730 (IFSC

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—lLt i aft Iraft

Punjab-& Sind BankI!Where set-rice is 1 way a lilt'

6. The bidders shall upload scanned copies of i)PAN Card ii)Prool of Identification iii)Copy of proof of address iv) Scanned copy of

Annexure II & III (after downloading the same from web portal) after the same are duly filled in and duly signed v)Acknowledgemeflt

receipt of RTGS/NEFT by 22.06.2015 before 5.00 P.M. in the web portal https:J!WWWik'ai(tiO1wn

7 Only those bidders holding valid user id and password provided by service provider M/s Cl INDIA PVT. LTD. and confirmed payment

of EMD through NEFT/RTGS shall be eligible for oarticipating in the "E-Auction" process.

8. The authorized officer is not bound to accept the highest bid and the authorized officer has the absolute right to accept or reject any

or all bid(s) or adjourn or postpone or cancel the E Auction without assigning any reason thereof or to modify any terms and

conditions of this sale without any prior notice and also his decision in this regard shall be final.

9. The property is being sold on "AS IS WHERE BASIS IS "and "AS IS WHAT IS BASIS" and "WITHOUT RECOURSE BASIS" The intending

bidders should make their own independent enquiries by themselves to satisfy themselves regarding the encumbrances if any over

the property and regarding title of property put on auction and regarding claims/rights/dues effecting the property, prior to

submitting their bid. The E•Auc.tion advertisement does not constitute and will not be deemed to consdtute any commitment or any

representation of the bank. The authorized officer/bank will not be responsible for any charge, lien, encumbrance, property tax or

any other dues to the Government or anybody, in respect of the property under sale.

10. It shall be the responsibility of the bidders to inspect and satisfy themselves about the property before submitting the bid. The

inspection of property put on E-Auction may be permitted to intended bidders, at their request, at site from 10.30 A.M. To 12.30

P.M on 13.06.2015.

11. The interested bidders who have submitted their bid not below the reserve price through online mode by 22.06.2015 up to 5.00

P.M. shall be eligible for participating in the E-Auction bidding process The bidder shall improve their offer in multipleofRs..00

Iakh. Auction will close as per the closing time if no bid comes during last 5 minutes of the auction closing time. In case bids are

placed within last 5 minutes of closing of auction, the closing time automatically gets extended to 5 more minutes. This process will

continue until there is no valid bid during last 5 minutes and the auction will get closed.

12. The successful bidder shall have to deposit 25% of the highest bidding amount/sale amount, adjusting the EMD already paid, within

next working day from the day of EAuction through NEFT/RTGS to the following account: Punjab and Sind Bank Rajendra Place

New Delhi Current Account No.06061100041730 (IFSC Code- P5180000606). In case of default in payment of 25% of the sale

amount (Less EMD) within the prescribed period, the entire deposit made by the bidder together with the EMD shall be forfeited

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Punjab& Sind BankLAGoVt of India Undertaking)

Jy,iwAiinr_&w,.1I(L4AUtffE

without any notice and the property will be resold after issue of fresh sale notice The defaulting bidder shall forfeit all claims to the

property or to any part of the sum for which it may be subsequently sold.

13.The successful bidder shall be required to deposit the balance 75% of the highest bidding amount/sale amount on or before the 15th

day of EAuctiofl or such extended period, as may be agreed upon in writing by and solely at the discretion of the authorized officer,

through NEFT/RTGS to the following dLcount: Punjab and Sind Bank Rajendra Place New Delhi Current Account

No.06061100041730 (IFSC Code- PSIB0000606), subject to the confirmation of the Hon'ble High Court of Delhi in C.P. No.

324/2000. In case of default in payment of remaining 75% of the sale amount within the prescribed period, the entire deposit made

by the bidder together with, the EMD will be forfeited without any notice and the property will be resold after issue of fresh sale

notice. The defaulting bidder shall forfeit all claims to the property or to any part of the sum for which it may be subsequently sold.

14.On Compliance of terms of sale, the authorized officer shall issue a certificate of sale in favour of purchaser in the same name in

which bid is submitted by the purchaser.

15.The EMD(Paid through NEFT/RTGS) will be refunded to the unsuccessful bidders within seven days from the date of E-Auction by

credit to originating account and such bidders will not be entitled to claim any interest, costs, expenses and any other charges (if

any).

16. Successful bidder will have to pay all statutory dues /taxes/fees/chargeS/h0using society dues & charges/property tax/ electricity

dues/water charges & dues etc. if any. lithe bidder requires he should make his own enquiries by themselves regarding anystatutory liabilities, various dues from different organizations before participating in the auction. Bank holds no responsibility to

provide information about the same.

17.Statutory dues/other dues/all attendant charges including registrations stamp duty/taxes etc shall be borne by the purchaser i.e.

successful bidder.

18.Words and expressions used herein above shall have the same meaning respectively assigned to them in SARFAESI Act 2002 and the

rules framed there under.

ig . Disputes, if any, shall be within the jurisdictions of Delhi Courts only.20. If the dues of the bank together with all costs, charges and expenses incurred by the Bank are paid on behalf of the borrower or

guarantor, at any time on or before the date fixed for E-Auction sale, the sale of asset will be cancelled.

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Puñjab & Sind Bank(A Govt of India (Jndetlaldflg)

21.Particulars specified in respect of the above said property have been stated to the best of the information of the Authorized

Officer/Bank but Authorized Officer and /or Bank will not be answerable for any error, misstatement or omission in this public

notice. of bidding online shall be the responsibility of the bidder and no claim in this22. Any issue with regard to connectivity during the course

regard shall be entertained.

23.The above conditions are in addition to the other terms and conditions available at the website

ofhttJs:JJwwN.r ctiori

our Eauction provider M/s Cl INDIA PVT LTD.

24.This is also a notice to the borrower/guarantor/mortgagor of the aforesaid loan account about holding of E-Auction for sale on the

above mentioned date 4&2015.

25.The prospective bidders will have to submit a combined bid for both items no. (i) & No. (ii) above.

Authorized Officer

Date: ________ Punjab & Sind Bank

Place: New Delhi

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9%

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pc c1 iLj I

PUNJAB & 5!'iT) BANKtA Govt. of ndia Undertaking)

ASSET RECOVERY BRANCH - PH 311-25739860 Telefax: 011 25789590RAJENDRA PLACE, NE'i.I DELHI e-mail : [email protected] ARB--. I/ND/UIL/% /20156 DATED: 20.052015

Shri. Rajpal Singh

Oificia LquidatorDelhi High CourtOffice of Official Liquidator

X 81h Floor, Lok Nayak Bhawan,

Kh\ nMarket, New Delhi

' Dear Sir,

S.

Reg:-M/S Uniplas India Ltd. (In liquidation) CP No.-324/2000.YCkUtJcj 19.6S0t.

This is for your information that in the captioned matter bank has published thesale notice in 'The Free Press Journal'(English, Mumbai edition) and 'Sandesh'(Gujrati, Surat edition) on 12.05.2015 ,for sale of the property bearing no. No. -8, 8211, 90/1 & 90/2, Village -Kadaiya, P.O. - Bhimpore, Nani Daman -396210 inTerms of tie order dated 23.02.2015 of Hon'e High Court of Delhi assed in C.P.No.-324/2000. The copies of the newspaper publications of the sale are enclosed

dy reference.

{oiJs aithfully,

(I

7..Ma,nger Law)

End: as above.

Page 20: SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO ... · SUB:- IN THE MATTER OF M/S UNIPLAS INDIA LIMITED IN C.P.NO. 324/2000-UPLOADING OF THE ANNOUNCEMENT OF THE SALE OF

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