Recovery Cell, Circle SASTRA Centre, CO Kota Address:- Circle office KOTA ,

rajasthan
E Mail: [email protected]

Regd. Post/Speed Post

Date:-24-03-2022
Mr. Sajid Beg S/O Rafiq beg
Add.1- H N 8 B 28 vigyan nagar extension near community hall kota
Add-2 Senior clerk UDC Anaj Mandi samitti itawa dist. kota

Dear Sir / Mam,

SUB: NOTICE FOR SALE OF ASSET OF IN A/C OF Mr. Sajid Beg S/O Rafiq beg

AFTER 30 DAYS FROM THIS NOTICE

In terms of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest
Act, 2002 (SRFAESI) read with Rule 6,7,8, & 9 of Security Interest (Enforcement) Rules 2002.

Please refer to the notice dated 15-12-2021 issued by Authorised Officer u./s 13(2) of the Securitization and
Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and also possession notice
dated 08-03-2022 issued by the undersigned while taking the possession of the under mentioned assets on
08-03-2022

‘’All that part and parcel of the residential property situated at H.N. 8 B 28 vigyan nagar extension
(near community hall ) kota, standing on the name of Sajid beg , having area 24.50 Sq. Mt. Bounded
by street at North , HN 8 B 21 at South , HN 8 B 29 at East and HN 8 B 27 at West
In this connection, you are hereby called upon to pay the outstanding dues amounting to Rs 1386254.50
(Rupees Thirteen lac eighty six thousand two hundred fifty four and paisa fifty only ) as on 15-12-2021
payable with future interest costs until payment in fullincurred by the undersigned while taking possession of
the said assets and thereafter for preservation of the same, within 30 days from the date of receipt of this
notice and get release of the aforesaid assets from the undersigned.
In case you fail to pay the aforesaid amounts within the said period,the Bank will proceed for sale of
the mortgaged property at a Reserve Price of Rs.1350000/-as per the terms of newspaper publication
dated 24-03-2022 in Indian Express (English) and in Jannayak (Hindi) provisions specified in the
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 to
realise its dues. We further wish to inform you that if you have an interested buyer for the property your
buyer is entitled to put the bid for purchase of the property as per the terms of sale.
Thanking you
Yours faithfully

Authorised Officer
Punjab National Bank
 Recovery Cell, Circle SASTRA Centre, CO Kota Address:- Circle office KOTA ,
rajasthan
E Mail: [email protected]

E-AUCTION SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES

E Auction Sale Notice for Sale of Immovable Assets under the ‘Securtisation and Reconstruction of Financial
Assets and Enforcement of Security Interest Act 2002, read with proviso to Rule 8(6) & 9(1) 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 properties mortgaged/charged to the Secured Creditor, the constructive
/Physical/symbolic Possession of which has been taken by the Authorised Officer of Punjab National Bank
Secured Creditor, will be sold on "As is where is", As is what is", and "Whatever there is" on the date as
mentioned in the table herein below, for recovery of its dues due to the Bank/ Secured Creditor from the
respective borrower (s) and Guarantor (s). The Reserve price and the earnest money deposit will be as
mentioned in the below against the respective properties.

Lot Name of the Branch Description of the A) Dt. Of A) Reserve Date/ Details
No. Immovable Properties Demand Notice Price (Rs. in Time of E- of the
Mortgaged/ Owner’s u/s 13(2) of amt) Auction encumbr
Name (mortgagers of SARFESI ACT B) EMD ances
2002 C) Bid Increase
property(ies)) known
B) Outstanding Amount to the
Amount as on secured
Name of the Account D) Inspection
date & time creditors
C) Possession
Name & Addresses of the Date u/s 13(4)
Borrower/ Guarantors of SARFESI ACT
2002
Account
D) Nature of
Possession -
Physical

1 Kota Nagar Nigam 414800 ‘’All that part and 15-12-2021 Rs.1350000/ 28-04- Not
parcel of the - 2022 From Known
residential property Rs.135000/- 12.00 AM
Mr. Sajid Beg S/O Rafiq situated at H.N. 8 B to 04.300
beg 28 vigyan nagar Rs. 10000/- PM
extension (near
Mr. Sajid Beg S/O Rafiq community hall ) Rs
beg kota, standing on the 1386254.50 as
Add.1- H N 8 B 28 name of Sajid beg , on 15-12-
vigyan nagar extension having area 24.50 Sq. 2021 + 22-04-2022
near community hall Mt. Bounded by payable with From 11.00
kota street at North , HN further AM to 01.00
8 B 21 at South , HN interest and
Add-2 Senior clerk UDC PM
expenses
Anaj Mandi samitti 8 B 29 at East and
until
itawa dist. kota HN 8 B 27 at West payment
made in full.
08-03-2022

Symbolic
Possession

TERMS AND CONDITIONS OF E-AUCTION SALE

1. The sale shall be subject to the Terms & Conditions prescribed in the Security Interest
(Enforcement) Rules 2002 and to the following further conditions.
(1) The auction sale will be “online through e-auction” portal http://www.mstcecommerce.com/
2. 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 before the e-Auction Date and time in the
portal. The registration, verification of KYC documents and transfer of EMD in wallet must be
completed well in advance, before auction.
3. Earnest Money Deposit (EMD) amount as mentioned above shall be paid online through 3 mode i.e.
NEFT/ Cash/ 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,
however for Cash/ Transfer the bidder has to visit Punjab National Bank Branch. Payment of EMD
by any other mode such as Cheques will not be accepted. Bidders, not depositing the required EMD
online, will not be allowed to participate in the e-auction. The Earnest Money Deposited shall not
bear any interest.
4. Platform (https:www.mstcecommerce.com) for e-Auction will be provided by e Auction service
provider M/S MSTC Limited having its Registered office at 225-C, A.J.C. Bose Road, Kolkata-700020
(contact Phone & Toll free Numbers 079-41072412/ 411/ 413 or 1800-103-5342). 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.
5. The Sale Notice containing the General Terms and Conditions of Sale is available / published in the
following websites/ web page portal.
(1) https://www.ibapi.in (2) http://www.mstcecommerce.com
6. 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-B य–IBAPI portal (https://www.ibapi.in).
7. The intending Bidders / Purchasers are requested to register on portal
(https:www.mstcauction.com) using their mobile number and email-id. Further, they will upload
the 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. Only after having sufficient EMD in his Wallet, the
interest bidder will be able to bid on the date of e-auction.
8. Bidder‟s Global Wallet should have sufficient balance (>=EMD amount Rs. 135000/-) at the time
of bidding.
9. During the e-auction bidders will be allowed to offer higher bid in inter-se bidding over and above
the last bid quoted and the minimum increase in the bid amount must be of Rs. 10,000/- to the last
higher bid of the bidders. 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.
10. It is the responsibility of intending Bidder(s) to properly read the Sale Notice, Terms & conditions
of e-auction, Help Manual on operational part of e-Auction and follow them strictly.
(1) In case of any difficulty or need of assistance before or during e-Auction process may contact
authorized representative of our e-Auction Service Provider (https:
http://www.mstcecommerce.com/). Details of which are available on the e-Auction portal.
11. 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 address given by
them/ registered with the service provider)
12. The secured asset will not be sold below the reserve price.
13. The successful bidder shall have to deposit 25% (twenty five percent) of the bid amount, less EMD
amount deposited, on the same day or not later than the next working day and the remaining
amount shall be paid within 15 days from the date of auction through NEFT/RTGS in the
following Account – Authorised Officer PUNJAB NATIONAL BANK, Account No
“8268003171160” (IFSC Code PUNB0826800)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 to conduct a fresh auction/ sale of the property & the
defaulting bidder shall not have any claim over the forfeited amount and the property.
14. 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/full deposit of BID amount.
15. The Authorised Officer reserves the right to accept any or reject all bids, if not found acceptable or
to postpone/cancel/adjourn/discontinue or vary the terms of the auction at any time without
assigning any reason whatsoever and his decision in this regard shall be final.
16. The sale certificate shall be issued in the favour of successful bidder on deposit of full bid amount
as per the provisions of the act.
17. The properties are being sold on„ AS IS WHERE IS BASIS and “AS IS WHAT IS BASIS” and
“WHATEVER THERE IS BASIS”
18. The particulars of Secured Assets specified in the Schedule hereinabove have been stated to the
best of the information of the Authorised Officer, but the Authorised Officer shall not be answerable
for any error, misstatement or omission in this proclamation.
19. It shall be the responsibility of the bidders to inspect and satisfy themselves about the asset and
specification before submitting the bid. The bidder inspect the property in consultation with the
dealing official as per the details provide.
20. All statutory dues/attendant charges/other dues including registration charges, stamp duty, taxes
etc. shall have to be borne by the purchaser.
21. The Authorized Officer or the Bank shall not be responsible for any charge, lien, encumbrances, or
any other dues to the Government or anyone else in respect of properties (E-Auctioned) not known
to the bank. The Intending Bidder is advised to make their own independent inquiries regarding
the encumbrances on the property including statutory liabilities, arrears of property tax, electricity
dues etc.
22. The bidder should ensure proper internet connectivity, power back-up etc. The Bank shall not be
liable for any disruption due to internet failure, power failure or technical reasons or
reasons/contingencies affecting the e-auctions.
23. It is open to the Bank to appoint a representative and make self bid and participate in the auction.
For detailed term and conditions of the sale, please refer https://www.ibapi.in,
http://www.mstcecommerce.com/

Date: 24-03-2022 Authorized Officer

Place:Kota Punjab National Bank
Secured Creditor

STATUTORY 30 DAYS NOTICE UNDER RULE 8(6) OF THE SARFAESI ACT, 2002