the indian express, … · 6 the indian express, wednesday, august 1, 2018 whereas the undersigned...

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6 WWW.INDIANEXPRESS.COM THE INDIAN EXPRESS, WEDNESDAY, AUGUST 1, 2018 Whereas The undersigned being the authorized officer of the Bank of Baroda under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and in exercise of powers conferred under Section 13(12) read with Rule 3 of the Security Interest (Enforcement) Rules, 2002 issued a Demand Notice Dated 26.04.2018 calling upon the Borrower M/s Global Trade to repay the amount mentioned in the notice being Rs.1,47,24,349.04 (Rupees One Crore Forty Seven lakhs, Twenty Four Thousands, Three Hundreds Forty Nine rupees and Four Paise Only) as on 25.04.2018+unapplied interest together with further interest thereon at the contractual rate plus costs, charges and expenses till date of payment within 60 days from the date of receipt of the said notice. The Borrower having failed to repay the amount, notice is hereby given to the Borrower and the Public in general that the undersigned has taken possession of the property described herein below in exercise of powers conferred on him/ her under sub-section (4) of section 13 of the Act read with Rule 8 of the Security Interest Enforcement Rules, 2002 on this the 26th day of July of the year 2018. The Borrower/Guarantors/Mortgagors in particular and the public in general is hereby cautioned not to deal with the property and any dealings with the property/ies will be subject to the charge of the Bank of Baroda for an amount Rs.1,47,24,349.04 (Rupees .One Crore, Forty Seven lakhs, Twenty Four Thousands Three Hundreds Forty Nine rupees and Four Paise as on26.04.2018 only) and further interest thereon at the contractual rate plus costs, charges and expenses till date of payment. The Borrower's attention is invited to provision of sub-section (8) of section 13 of the Act, in respect of time available, to redeem the secured assets. POSSESSION NOTICE Jetpur Branch: Jetpur, Rajkot. Phone: 02823-220806, Email: [email protected] DESCRIPTION OF THE IMMOVABLE PROPERTIES All that part and parcel of the property consisting of Industrial Property R.S.No.803,paiky A8-31G Industrial N.A.Land paiky No.16 Sq.Yard14294 situated at Harsh Laxmi Printery,16-Hansraj Nagar,Opp.Bhadar River,Old Virpur Road, Jetpur, Dist. Rajkot Within the Registration Sub-District Jetpur and District - Rajkot. Bounded : On the North by : Plot no. 15, On the South by : Plot No.17, On the East by : Plot No.21, On the West by : Plot no. Road. Date : 26.07.2018 Place : Jetpur Sd/- Authorised Officer Bank of Baroda

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Page 1: THE INDIAN EXPRESS, … · 6 THE INDIAN EXPRESS, WEDNESDAY, AUGUST 1, 2018 Whereas The undersigned being the authorized officer of the Bank of Baroda under the Securitization and

6 WWW.INDIANEXPRESS.COMTHE INDIAN EXPRESS, WEDNESDAY, AUGUST 1, 2018

Whereas The undersigned being the authorized officer of the Bank of Baroda under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and in exercise of powers conferred under Section 13(12) read with Rule 3 of the Security Interest (Enforcement) Rules, 2002 issued a Demand Notice Dated 26.04.2018 calling upon the Borrower M/s Global Trade to repay the amount mentioned in the notice being Rs.1,47,24,349.04 (Rupees One Crore Forty Seven lakhs, Twenty Four Thousands, Three Hundreds Forty Nine rupees and Four Paise Only) as on 25.04.2018+unapplied interest together with further interest thereon at the contractual rate plus costs, charges and expenses till date of payment within 60 days from the date of receipt of the said notice. The Borrower having failed to repay the amount, notice is hereby given to the Borrower and the Public in general that the undersigned has taken possession of the property described herein below in exercise of powers conferred on him/ her under sub-section (4) of section 13 of the Act read with Rule 8 of the Security Interest Enforcement Rules, 2002 on this the 26th day of July of the year 2018. The Borrower/Guarantors/Mortgagors in particular and the public in general is hereby cautioned not to deal with the property and any dealings with the property/ies will be subject to the charge of the Bank of Baroda for an amount Rs.1,47,24,349.04 (Rupees .One Crore, Forty Seven lakhs, Twenty Four Thousands Three Hundreds Forty Nine rupees and Four Paise as on26.04.2018 only) and further interest thereon at the contractual rate plus costs, charges and expenses till date of payment. The Borrower's attention is invited to provision of sub-section (8) of section 13 of the Act, in respect of time available, to redeem the secured assets.

POSSESSION NOTICE

Jetpur Branch: Jetpur, Rajkot.Phone: 02823-220806, Email: [email protected]

DESCRIPTION OF THE IMMOVABLE PROPERTIESAll that part and parcel of the property consisting of Industrial Property R.S.No.803,paiky A8-31G Industrial N.A.Land paiky No.16 Sq.Yard14294 situated at Harsh Laxmi Printery,16-Hansraj Nagar,Opp.Bhadar River,Old Virpur Road, Jetpur, Dist. Rajkot Within the Registration Sub-District Jetpur and District - Rajkot. Bounded : On the North by : Plot no. 15, On the South by : Plot No.17, On the East by : Plot No.21, On the West by : Plot no. Road. Date : 26.07.2018Place : Jetpur

Sd/-Authorised Officer

Bank of Baroda