PUNJAB NATIONAL BANK BO: MODEL TOWN, YAMUNA NAGAR (PH: 01732-220731, 263034, FAX: 01732-231331 E-AUCTION SALE NOTICE PUBLIC NOTICE FOR E-AUCTION FOR SALE OF MOVABLE & IMMOVABLE PROPERTIES LAST DATE & TIME OF SUBMISSION OF EMD AND DOCUMENTS 20.05.2014, 5:00 P.M. Sale of immovable property /ies mortgaged to Bank under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (No.54 of 2002) Whereas, the Authorized Officer of Punjab National Bank has taken possession of the following property/ies pursuant to the notice issued under Section 13(2) of the Security Interest (Enforcement) Rules 2002 in the following loan account with right to sell the same on “AS IS WHERE IS BASIS and AS IS WHAT IS BASIS” for realization of Bank’s dues plus interest as detailed hereunder and whereas consequent upon failure to repay the dues, the undersigned in exercise of power conferred under Section 13(4) of the said Act proposes to realize the Bank’s dues by sale of the said property/ies. The sale will be done by the undersigned through e-auction platform provided at the Web Portal (https://www.bankeauctions.com) DESCRIPTION OF IMMOVABLE / MOVABLE PROPERTIES Name of the Account and Bank Branch Name of the owner of the property Details of property Outstanding Amount & Demand Notice Date M/s Om Educational & Charitable Trust at Punjab National Bank, BO: Model Town, Yamuna Nagar (1)M/s Om Educational & Charitable Trust (1)All Part and parcel of Land and Building owned by M/s Om Educational and Charitable Trust over which college named Asian Institute of Management & Technology is running, situated at Village Dhaurang, Pipli-Yamuna Nagar Road, Tehsil Jagdhri, District Yamuna Nagar, consisting of the following properties/land, detailed as under: (i)Land measuring 69Kanals-07Marla, pertaining to HB No 488, Khewat/khatunai No 271/336 Min and Khasra No. 20//24(8-0),25//3(8-0),4(8-0),7(8-0),8(8-0),9/2(5-7),12(8-0),13(8-0),14(8-0) total 9 Kitta= 69 Kanal 07 marlas as per Jamabandi for the year 2002-2003 vide Regd Sale deed no 2993 dated 28.08.2007, registered with sub registrar Jagadhari. (ii)Land measuring, 22Kanals-17Marlas, pertaining to HB No 488, Khewat/khatunai No 271/336 Min and Khasra No. 20//14/2(3-4),17(8-0),18/1(3-13),23(8-0), total 4 kitta= 22 Kanal 17 Marlas, as per Jamabandi for the year 2002-2003 vide Regd Sale Deed No. 3116 Dated 04.09.2007, registered with sub registrar Jagadhari. Total Land: 92 Kanal-04 Marla Built up Area: Covered area of Administrative Block & Teaching Block Maing Building (4 Storey Building) – 1,12,358 Sq.ft. Covered area of Mechanical Workshop (Double Storey Building) – 19,080 Sq.ft. Covered Area of Boys’ Hostel (Single Storey Building) – 23,000 Sq.ft Boundary Wall, Generator Room, Check Post, Pavement/Roads, Bore-well, Gate, Land Scaping, Site Leveling, etc. Boundaries of the Property: North: Pipli-Yamuna Nagar Road South: Other’s land East: Other’s land & Battery Factory West: Other’s land Rs.15,93,00,554.00 as on 30.09.2011 with interest calculated upto 30.09.2011 along with further interest w.e.f. 01.10.2011, minus recovery, if any. Reserve Price (Rs. In lac) EMD Bid Increase Amount Rs.1700.00 Lac Rs.17.00 lac Date/ Time of eAuction 26.05.2014, 10:00 AM to 12:00 Noon Rs.1.00 lac (2)Sh.Dhanpat Rai Bansal S/O Sh.Ram Sawroop Bansal vide Registered Sale Deed No. 8247 dated 07.01.1991 registered with Sub-Registrar Jagadhri. (2)All Part and parcel of Residential Plot No 25, measuring 250 Sq. Yards, bounded in North: 75’Plot No.-26, South: 75’-Plot No.-24, East: 30’-Property of Sh. Pushkar Dutt & others and West: 30’Gali 18’ wide, situated at Mauja Govind Pura ,Vishal Nagar, Yamuna Nagar, owned by Sh Dhanpat Rai Bansal S/O Sh. Ram Sawroop Bansal vide Registered Sale Deed No. 8247 dated 07.01.1991 registered with Sub-Registrar Jagadhri. Rs.18.00 lac (3)Smt.Anju Bansal w/o Sh. Dhanpat Rai Bansal vide Registered Sale Deed No. 4990 dated 05.03.2007 registered with Sub-Registrar, Kharar (3)All Part and parcel of Residential Property (2 Floors Ground & First with Plint Areat GF-787 sft & FF-200 sft – Total 987 sft) House No.2620, measuring 125 Sq. Yards, pertaining to Khata No 230/285,286 now 290, 329/330,khasra No 9//8(7-15),9(8-0),11/1(3-2),9//1(7-18), Kitta 4, total area 26 Kanals 15 Marla, HB No. 31 situated at, Desu Majra, Sunny Enclave, Mohali Ropar Highway, Kharar, Distt. Mohali, owned by Smt. Anju Bansal w/o Sh. Dhanpat Rai Bansal vide Registered Sale Deed No. 4990 dated 05.03.2007 registered with Sub-Registrar, Kharar, bounded in North: House No.2619; South-House No.2621; East: Front approach Street & West: House No.2639. Rs.32.00 lac Rs.1.80 lac 26.05.2014, 01:00 PM to 03:00 PM Rs.0.10 lac Rs.3.20 lac Rs.0.10 lac 26.05.2014, 04:00 PM to 06:00 PM PUNJAB NATIONAL BANK BO: MODEL TOWN, YAMUNA NAGAR (PH: 01732-220731, 263034, FAX: 01732-231331 E-AUCTION SALE NOTICE TERMS & CONDITIONS: 1. Auction sale/bidding shall only be through “Online Electronic Bidding” through the website https:www.bankeauctions.com or https://pnb.bankeauctions.com. 2. Auction will be scheduled for an initial period of 2 hours followed by unlimited extensions of 5 minutes each. The auction will run first for two hours and in case there is a valid bid received within the last 5 minutes, the auction will get automatically extended for another 5 minutes from the time when the last bid is placed. The process will continue until there are no valid bids received during the last 5 minutes. 3. Auction will commence at reserve price. A bidder may be allowed to select the reserve price as his first bid and subsequent bidder can improve the bids in multiples of “bid increase amount” mentioned above against respective property. 4. Intending bidder(s) shall hold a valid digital signature certificate issued by the competent authority. It is the sole responsibility of the bidder to obtain the said digital signature certificate and ensure access to a computer terminal/ system with an internet connection to enable him/her to participate in the bidding. Any issue with regard to digital signature certificate and connectivity during the course of bidding online shall be the sole responsibility of the bidder and no claim in this regard shall be entertained. The intending bidders should register their name at https:www.bankeauctions.com or https://pnb.bankeauctions.com and get user_id and password free of cost. Bidders who are holding valid user_id and password provided by M/s C1 India Pvt. Limited for this auction after due verification of PAN, are allowed to participate in online e-auction on the above portal. 5. Bidders are advised to go through the website https:www.bankeauctions.com or https://pnb.bankeauctions.com for detail terms and condition of auction/sale before submitting their bids and taking part in the e-auction. 6. Bidders are required to comply with KYC norms and upload scanned KYC document online at https:www.bankeauctions.com or https://pnb.bankeauctions.com as well as offline to the authorized office at branch address on or before EMD submission last date 7. Prospective bidders may avail online training on e–auction from M/s C1 India Pvt. Limited, Noida, Contact Number 0120-4888884, 4888888. 8. Bids shall be submitted through online procedure only in the prescribed format with relevant details. For details, please contact M/s C1 India Pvt. Limited. 9. Ernest Money Deposit (EMD) shall be deposited through RTGS/ Fund transfer to the credit of Account Number – 3701002200000041, Punjab National Bank, BO: Model Town, Yamuna Nagar, IFSC Code – PUNB0370100 or by way of pay order/DD payable at Yamuna Nagar and favoring” The Authorized Officer”, Punjab National Bank, BO: Model Town, Yamuna Nagar drawn on any Nationalized Bank or Scheduled Bank along with letter of participation in the bid. The said deposit shall be adjusted in the case of successful bidder. 10. The cover should be super scribed “EMD for E-Auction under SARFAESI act 2002 for purchase of property of _______________________________________ (Name of owner of property & name of branch) along with details of the sender. In case of remittance through RTGS/ Bank transfer the bidder should ensure to write the narration as bidder’s short name+account name 11. For unsuccessful bidders, the EMD shall be refunded only after 15 days, without any interest. 12. Prospective bidder are advised to peruse the copies of title deeds, if any, available with bank and also carry out their own inquiries to satisfy themselves regarding encumbrances, if any, over the property/machinery. 13. Authorized officer has the absolute right to accept or reject any bid or bids or to postpone or cancel the sale/e-auction without assigning any reason thereof and also to modify any terms and conditions of this sale without any prior notice 14. The properties are being sold on “AS IS WHERE IS BASIS, WHAT IS WHERE IS BASIS and WITHOUT ANY RECOURSE BASIS’. The purchasers should make their own inquiries regarding any statutory liabilities, arrears of property tax, electricity dues, etc. of the firm/company/Trust by themselves including liability on account of workers dues, if any, before participation in the e-auction/sale 15. Successful bidder shall bear the charges/ fee payable for conveyance deed such as registration fees, stamp duty, etc. as applicable. 16. The property shall be sold to the highest bidder. The successful bidder emerging after the online bidding shall deposit 25 % of the bid amount (Less EMD) immediately on acceptance of highest bid by the Authorized Officer in respect of the sale being confirmed in his/her favor and the balance money will be deposited within 15 days from the date of confirmation of sale. 17. Sale certificate will be issued in the name of the successful bidder only after payment of the entire bid amount and other charges, if any. 18. In default of payment of the amount referred above within the time stipulated, unless otherwise extended, the sale will stand automatically revoked and entire money deposited, as above, shall stand forfeited. 19. This publication is subject to the force majure clause 20. The above conditions are in addition to the terms and conditions contained in the auction bid format available in website https:www.bankeauctions.com or https://pnb.bankeauctions.com. 21. For further details/assistance/help please contact the Authorised Officer, Punjab National Bank, BO: Model Town, Yamuna Nagar. 22. The interested parties may inspect the properties on their own. 23. This publication is also 30 days’ Notice to the Borrower/Mortgagor/Guarantors. SPECIAL INSTRUCTIONS a. Bidding in the last moments should be avoided in the bidders interest as neither the PNB nor Service Provider will be responsible for any lapses/ failure (internet failure, power failure etc.). In order to ward-off such contingent situation bidders are requested to make all the necessary arrangements/alternative such as power supply backup etc., so that they are able to circumvent such situation and are able to participate in the e-auction successfully PUNJAB NATIONAL BANK BO: MODEL TOWN, YAMUNA NAGAR (PH: 01732-220731, 263034, FAX: 01732-231331 b. E-AUCTION SALE NOTICE As per the new interoperability guidelines released by the Controller of Certifying Authority (CCA), the Secured Socket Layer (SSL) certificate of an auction applicant is generated on a new algorithm, SHA2. Also the digital certificate that will be applicable for these platforms have to be SHA2 algorithm compliant. For the same, the users have to ensure that they have windows XP (SP3)/Windows Vista/Windows 7 installed in their respective PC/Laptop. STATUTORY 30 DAYS SALE NOTICE UNDER THE SARFAESI ACT, 2002 The borrower/ guarantors are hereby notified to pay the sum as mentioned above along with upto date interest and other expenses/charges 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. Date: 16-04-2014 Place: Yamuna Nagar Authorised Officer Punjab National Bank (Secured Creditor)