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Asset Recovery Branch2nd Ftoor, No.583/584,- Pooja Complex,

Avenue Road, Bengaluru-560 002Phone: 080-22958279, 22372780

e- mait: arbbangalore@u nion ban kofindia.comTION SALE NOTICE

Ref.No. UBI/ARB/ 1 31 l2O1 8-19 02.05.2018BY REG POST A/D

Notice is hereby given to the pubtic in general and to the Borrower/s and Guarantor/sin particutar by the Authorized Officer, Asset Recovery Branch, Union Bank Of lndia,Bengaturu that the under mentioned property mortgaged to Union Bank of lndia takenpossession under the provision of Section 13(4) of Securitization and Reconstruction ofFinancial Assets and Enforcement of Security lnterest Act, 2002, wi[[ be sotd by e-Auction as mentioned below for recovery of under mentioned dues and furtherinterest, charges and costs etc, as detailed below.

The property is being sotd on "As ls WHERE ts WHATEVER THERE ts AND wlTHouTRECOURSE BASIS" as such sale is without any kind of warranties and indemnities.

The under mentioned properties witt be sotd by "Online E- Auction through website:http:llbankauctions.inl & http:ttforeclosureindia.comt on 21.05.2018 for recoveryof an amount of Rs.69,70,511.99 (Rupees Sixty Nine lakhs Seventy Thousand FiveHundred Eleven and Paise Ninety Nine Only) (as of 31.03.2018) together with futureinterest and other [ega[ expenses.

Name of borrowers &Mortgagors

Name and address of the borrowers1. Mrs.C.B.Meenakshi,

W/o Mr.Rajappa,No.1075/G, 14th Main Road, 9th Block,Nagarbhavi 2nd Stage, Bengaluru - 560 O7Z.Atso at:Mrs.C.B.Meenakshi,W/o Mr.Rajappa,Door No.265, Ground Floor, 3'd Main,8th Cross, Teachers Cotony, Near Oxiord School,Nagarbhavi, Bengaturu - 560 O7Z.

2. Mr.Manjunath C Biradar,S/o Mr.Chandrakant,No.893/5, Ground Floor, 1Oth Cross,80ft Road, Chandra Layout,Bengaturu - 560 040.Atso at:Mr.Manjunath C Biradar,S/o Mr.Chandrakant

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No.4-601-741H1, M B Nagar,New Extension Area,Gutbarga - 585 105.&lMr.Manjunath C Biradar,S/o Mr.Chandrakant,Ftat No.81/82, TESCO, White Fietd,EPIP Area, Bengaluru - 560 066.

2. Date and time of Auction 21.05.2018 between 11.00 AM To 2.00PM withuntimited extension of "10"minutes i.e the end timeof e- auction witt be extended by 10 Minutes eachtime if bid is made within the last 10 minutes beforeclosure of auction.

3. Earnest Money Deposit(EMD)

Rs.5,00,000.00 (Rupees Five Lakhs onty)

4. Last date of submissionof bids

On or before 19.05.2018 by 4.30PM

5. Reserve Price Rs.50,00,000.00 (Rupees Fifty takhs onty)6. Bid lncrement amount by Rs.50,000/- (Rupees Fifty Thousand onty)7. Debt Due with interest

and cost as on31 .03.2018

Rs.69,70,511.99 (Rupees Sixty Nine takhs SeventyThousand Five Hundred Eteven and Paise Ninety NineOnty) together with contractua[ rate of interest from01.04.2018 ptus tegal expenses.

8. Date & Time ofinspection of propertyfor intending purchasers

On any working19.05.2018

day with prior intimation titt

9. Detaits of encumbrancesover the property, as

known to the Bank

NIL

. The refundable EMD 1lo/o OF RESERVE PRICE shalt bbidders through NEFT/ RTGS/Funds Transfer on or before 19.A5.2018, 4.3OpMin Account No:331301990050000, UNION BANK OF lNDlA, Asset Recoverybranch, with Avenue Road Branch, through IFSC Code: U81N0533131 or byDD/Pay order favouring Union Bank of lndia, Asset Recovery Branch payabte atBengaluru.

. Bidders are advised to visit the Bank's website unionbankofindia.co.in for detaitedterms and conditions of e-auction sale and other detaits before submitting theirBids for taking part in the e-auction. Bidder may atso visit the websitehttp:llbankauctions.inl & http:ttforeclosureindia.comt of Service providerM/s. 4Ctosure, (website: httr://bankauctions.in/) ftat no. 1OZ, Amruthaapartments, Ptot no. 20, Motinagar, Hyderabad 500 018{Contact No. O4O-23836405 contact person Mr.Bharath Kumar (Bangatore), Cett 95151lD info@bankaucticns.in & bhanath@bankauctions.in

The terms and conditions of sale shall be strictly as per the provisions of TheSecurity lnterest Rules (Enforcement) Rules, 2002.

. The interested bidder may contact the Authoriled Officer Mr. B.G. Parameshwarafor ascertaining the detaits of auction and inspection of property on the datementioned as above, Contact No.9833046953(M) Tet : 088-22372780, 080-22958279e - mai I I D : a rbbalqalqretQlr ni gn ban ho:fi ndia. com.

SCHEDULE OF PROPERTIES

EM of atl that piece and parce[ of Residential Property bearing No.1075/G, presentBBI P PID No.W0851-30, situated at 14th Main Road, Nagarbhavi 9th Block, 2ndStage, Bangalore 56A072, measuring East to West 29.52Ft and North to South 20Fttogether with RCC Roofed building, consisting of Ground Floor, First Floor andSecond floor with att civic amenities owned by C.B.Meenakshi bounded on:East by: BDA PropertyWest by: RoadNorth by: Site No.1075/FSouth by: Site No.1075lH

This may atso be treated as notice u/r 8(6) of Security lnterest (Enforcement) Rutes, 2002 to theborrower/s and guarantor/s of the above said loan about the hotding of E-Auction Sale on the abovementioned date, if their outstanding dues are not repaid in fult.

^*ffi;;)Place: BengaluruDate: 02.05.2018 Union Bank of lndia

Asset Recovery Branch

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Annexure to: UBI/ARBi 131/2019 dated 02.05.2018

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Asset Recovery BrAnch2nd Floor, No.583/58a, pooja Complex,

Avenue Road, Bengaluru-560002Phone: 080-2295 8279, 223727 80

e- mai [ : arbbanga [ore@u nion ban kofi ndia. com

TERMS & CONDITIONS OF ONLINE E. AUCTION SALE

The Property is being sold on "As ts WHERE ts, WHATEVER THERE ls &WITHOUT RECOURSE BASIS". As such sale is without any kind of warranties &indemnities.

Particulars of the property / asset viz. extent & measurements specified in theE-auction Sale Notice has been stated to the best of information of the Bankand Bank shat[ not be answerabte for any error, misstatement or omission.Actual extant & dimensions may differ.

E-auction Sale Notice isstied by the Bank is an invitation to the generat pubticto submit their bids and the same does not constitute and witt not be deemedto constitute any commitment or nay representation on the part of the Bank.lnterested bidders are advised to peruse the copies of titte deeds with the bankand to conduct own independent enquiries /due ditigence about the titte &present condition of the property / assets and ctaims / dues affecting theproperty before submission of bidis.

Auction/bidding shatt onty be through "online electronic mode" through thewebsite http:llbonkauctions.int & http:ttforeclosureindia.coml provided bythe service provider lvt/s.4Closure, Hyderabad who shat[ arrange & coordinatethe entire process of auction through the e-auction ptatform.

The bidders may participate in e-auction for bidding from their ptace of choice.lnternet connectivity shatt have to be ensured by bidder himself. Bank/serviceprovider shatl not be hetd responsible for the internet connectivity, networkprobtems, system crash own, power failure etc.

For detaits, hetp, procedure and ontine bidding on e-auction, prospectivebidders may contact Mr. Bharath Kumar (Bangalore), Cett - 9515160061 ande-maiI id info@bankauctionsjn & bharath@bankauctions.in.

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Annexure to: UBI/ARB/131 i 2018 dated 02.05.2018

7. For participating in the e-auction sate, the intending bidders shoutd registertheir detaits with the service provider M/s.4Ctosure, Hyderabad wett in advanceand shall get the user id and password. lntending bidders are advised to changeonly the password immediatety upon receiving it from the service provider.

8. For participating in e-auction, intending bidders have to deposit a refundabteEMD of 10o/o of reserye price by way of RTGS/NEFT/Funds Transfer to the creditof Alc No. 331301990050000, Union Bank Of lndia, Asset Recovery branch, withAvenue Road Branch, through IFSC Code: U81N0533131 or by DD/Pay orderfavouring Union Bank of lndia, Asset Recovery Branch payabte at Bengaluru.

9. The intending bidders should submit the duty fitted in Bid Form (formatavailabte in the above website) atong with the DD / PO / quoting the UTR No.of NEFT/RTGS remittance towards EMD in a sealed cover addressed to theAuthorized Officer, Union Bank of lndia, Asset Recovery Branch, Bengalurulatest by 4.30 PM on 19.05.2018. The seated cover should be superscribedwith "Bid for participating in e-ouction sale- in the Atc of ttrs. c. B.l{ieenakshi"

10.After expiry of the last date of submission of bids with EMD, Authorised Officershatl examine the bids received by him and confirm the detaits of the quatifiedbidders (who have quoted their bids over and above the reserve price and paidthe specified EMD with the Bank) to the service provider M/s.4Closure,Hyderabad to enable them to atlow onty those bidders to participate in theontine interse bidding /auction proceedings and the date and time mentionedin E-auction Sate Notice.

11.lnter se bidding among the quatified bidders sha[[ start from the highest bidquoted by the quatified bidders. During the process of infer se bidding, therewitt be untimited extension of "10" minutes each, i.e the end time of e-auction shatt be automaticatlyextended by l0Minuteseach time if bid is madewithin 10 minutes from the last extension.

12.Bids once made shatt not be cancelted or withdrawn. At[ bids made from theuser lD given to bidder witt be deemed to have been made by him alone.

l3.lmmediately upon ctosure of E-auction proceedings, the highest bidder shattconfirm the final amount of bid quoted by him by e-mail both to theAuthorized Officer, Union Bank of lndia, Asset Recovery Branch and the ServiceProvider for getting dectared as successful bidder in theproceedings.

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e-auction

Annexure to: UBI/ARB/131 /2019 dated 02.05.2019

14.The successful bidder sha[[ deposit25% of the bid amount (inctuding EMD) onthe same day of the sale, being knocked dov"vn in his favour and batanceT5%ofbid amount within 15 days from the date of sate by RTGS/NEFT/Funds Transferto the credit of Alc No: 331301990050000, Union Bank of lndia, Asset Recoverybranch, with Avenue Road Branch, through IFSC Code: UB1N0533131 or byDD/Pay order favouring Union Bank of lndia, Asset Recovery Branch payabte atBengaturu.

15. ln case of default in payment of above stipulated amounts by the successfulbidder / auction purchaser within the stiputated time, the sate witt becancelted and the amount atready paid (inctuding EMD) witt be forfeited andthe property witt be again put to sate.

l6.Municipat / Panchayat Taxes, Etectricity dues (if any) has to be paid by thesuccessful bidder before issuance of the sate certificate. Bids shatt be madetaking into consideration of att the statutory dues pertaining to the property.

17.Sate Certificate wi[[ be issued by the Authorised Officer in favour of thesuccessful bidder onty upon deposit of entire purchase price / bid amount andfurnishing the necessary proof in respect of payment of att taxes / charges.

lS.Appticabte tegat charges for conveyance, stamp duty, registration charges, TDSpayable under lncome Act and other incidental charges shatt be borne by theauction purchaser

19.The Authorized officer may postpone / cancel the E-auction Sate proceedingswithout assigning any reason whatsoever. ln case the E-auction Sate scheduledis postponed to a later date before 30 days from the scheduted date of sate, itwitt be disptayed on the website of the service provider.

20.The decision of the Authorised Officer is final, binding and unquestionable.

21 . Att biddersunderstoodthem.

Place: BengaluruDate: 02.05.2018

who submitted the bids, shatt be deemed to havethe terms and conditions of the e-auction Sate and be

read andbound by

jF--1_\ Authorized Officer t

Union Bank of lndia, Asset Recovery Branch

/vs\/ Asset \* (Ruccvety )'t

\ nranch IWrySpecial lnstructions / Caution:Bidding in the last minutes/seconds shoutd be avoided by the bidders in their own interest. NeitherUnion Bank of lndia nor the Service Provider wit[ be responsible for any tapses/faiture (lnternet faiture,P9we1 failure, etc) on the part of the bidder in such cases. ln order to ward off such contingentsituation, bidders are requested to make atl the necessary arrangements / atternatives such as back-uppower suppty and whatever etse required so that they are abte to circumvent such situation and areabte to participate in the auction successfutty.

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