The Authorised Officer (AO) RAJAHMUNDRY BRANCH ......8 (3) All the piece and parcels of immovable property admeasuring Ac.1-26 ½ cents of land in RS No.116/2, 116/4 & 116/5, situated

The Authorised Officer (AO)

of

IDBI BANK LTD

RAJAHMUNDRY BRANCH

46-22-11, KARRISURREDY PLAZA, DANAVAIPET

RAJAHMUNDRY - 533103

BID DOCUMENT

For

Sale of Secured Assets of

M/s. Sri Kalyani Agro products and industries Limited

Under

The Securitisation and Reconstruction of Financial Asset and

Enforcement of Security Interest Act, 2002

and

The Security Interest (Enforcement) Rules, 2002

E-Auction Date: December 09, 2015

2

CONTENTS

Sr.

No

Particulars Page

No.

I Public Notice for Sale published in the Newspapers 3-4

II Possession Notice published in Newspapers 5-6

III Brief Description of Secured Assets 7-17

IV Outstanding Dues of Secured Lender 18

V Terms & Conditions 19-24

VI Brief Details of Bid/Offer Document 25

VII Form of Profile of the Bidder - Individual 26-27

VIII Form of Profile of the Bidder – Company / Firm/ Party 28-29

IX Form of Appendix to the Bid/Offer

(Declaration by the Bidder)

30-31

3

4

I - Public Notice for Sale published in the Newspapers {The above sale Notice were

published in the Deccan Chronicle (English) and Eenadu (Telugu) Paper on

31.10.2015}

5

II. POSSESSION NOTICE PUBLISHED IN TWO NEWSPAPERS

6

The above Possession Notices were published in The Deccan Chronicle (English)

and Sakshi (Telugu) Paper on 03.09.2013

7

III. BRIEF DESCRIPTION OF SECURED ASSET

M/s. SRI KALYANI AGRO PRODUCTS AND INDUSTRIES LIMITED

i) Movable and Immovable property owned by Sri Kalyani Agro Products and

Industries Limited, D No.5-6, Tanuku Road, Prathipadu (V), Pentapadu(M),

Tadepalligudem, W.G.Dist , Andhra Pradesh

All that piece and parcel of freehold land and building (including structures, fixtures and

fittings, constructed, installed, erected thereon ) along with plant and machineries of Raw

and Boiled Rice Unit Mills, Co-Gen Power Unit and Steel Plant Unit of Sri Kalyani Agro

products and industries Limited, admeasuring an extent of Ac 19.25 cents at D.No.5-6,

Tanuku Road, Prathipadu Village, Pentapadu Mandal, Tadepalligudem, West Godavari,

Andhra Pradesh. The detailed schedule of the properties is given below.

SCHEDULE OF THE PROPERTIES MORTGAGED

(1) All the piece and parcels of immovable property admeasuring 2904 1/5 Sq.Yds. of

site in two items (i.e. 1355 1/5 Sq.Yds. in RS No.272/2 & 1549 Sq.Yds. in RS No.116/3),

situated at Prathipadu Village of Pentapadu Mandal, W.G.Dist., in the State of Andhra

Pradesh with in the limits of Tadepalligudem SRO and bounded by

1st Item (1355 1/5 Sq.Yds. in RS No.272/2)

on or towards East by : Corner,

on or towards South by : Land of Sri Kalyani Agro Products & Industries Ltd.,

on or towards West by : Site of G.Satyanarayana & another,

on or towards North by : Site of G.Satyanarayana & another .

2nd

Item (1549 Sq.Yds. in RS No.116/3)

on or towards East by : Land of K.Bulli Swamy ,

on or towards South by : Land of Sri Kalyani Agro Products & Industries Ltd.,

on or towards West by : Land of Sri Kalyani Agro Products & Industries Ltd.,

on or towards North by : Land of Sri Kalyani Agro Products & Industries Ltd.

(2) All the piece and parcels of immovable property admeasuring Ac. 0-80 cents of land

in RS No.116/6, situated at Prathipadu Village, Pentapadu Mandal, W.G.Dist., in the State

of Andhra Pradesh within the limits of Tadepalligudem SRO and bounded by

on or towards East by : Land of K.Bulli Swamy etc.,

on or towards South by : Racharla Polimera,

on or towards West by : Land of Sri Kalyani Agro Products & Industries Ltd.,


8

(3) All the piece and parcels of immovable property admeasuring Ac.1-26 ½ cents of

land in RS No.116/2, 116/4 & 116/5, situated at Prathipadu Village, Pentapadu Mandal,

W.G.Dist., in the State of Andhra Pradesh with in the limits of Tadepalligudem SRO and

bounded by

on or towards East by : Land of K.Bulli Swamy etc.,

on or towards South by : Puntha,

on or towards West by : Land of V.Satyavani

on or towards North by : Land of Sri Kalyani Agro Products & Industries Ltd.,

(4) All the piece and parcels of immovable property admeasuring Ac. 0-78 ¾ cents of

land in RS No. 271/1, 271/3, 271/5, 271/6 & 110/4B, situated at Prathipadu Village,

Pentapadu Mandal, W.G.Dist., in the State of Andhra Pradesh with in the limits of

Tadepalligudem SRO and bounded by

on or towards East by : Land of M/s. Sri Kalyani Modern Rice Mills,

on or towards South by : Land of K.Venkata Giri,

on or towards West by : Others land

on or towards North by : Land of M/s. Sri Kalyani Modern Rice Mills.

(5) All the piece and parcels of immovable property admeasuring Ac.0-66 cents of land


of Andhra Pradesh with in the limits of Tadepalligudem SRO and bounded by

on or towards East by : Land of N.Subrahmanyeswara Rao,

on or towards South by : Land of Peddapuram,

on or towards West by : Land of G.Manikyala Rao,

on or towards North by : Land of N.Subrahmanyeswara Rao.

6) All the piece and parcels of immovable property admeasuring Ac.1-34 ½ cents of

land in RS No.272/3, situated at Prathipadu Village, Pentapadu Mandal, W.G.Dist., in the

State of Andhra Pradesh with in the limits of Tadepalligudem SRO and bounded by

on or towards East by : Land of V.Subba Rao,

on or towards South by : Land of V.Satyavathi,


on or towards North by : Land of G.Manikyala Rao .

9




on or towards East by : Land upto some extent of Sri Kalyani Agro Products

& Industries Ltd., etc.,

on or towards South by : Land of N.Veerraju,

on or towards West by : Land of V. S. Vani in RS No:272/5,


(8) All the piece and parcels of immovable property admeasuring 629 1/5 sq yds. of

land in RS No.272/2, situated at Prathipadu Village, Pentapadu Mandal, W.G.Dist., in the

State of Andhra Pradesh with in the limits of Tadepalligudem SRO., and bounded by

on or towards East by : Site of Sri Kalyani Agro Products & Industries Ltd.,

on or towards South by : Site of Sri Kalyani Agro Products & Industries Ltd.,

on or towards West by : Corner, no measurement,

on or towards North by : Site of V.Subba Rao.


in RS No.110/4, Situated at Prathipadu Village, Pentapadu Mandal, W.G.Dist., in the State


on or towards East by : Remaining land of P.Satti Reddy in this number

on or towards South by : Land of M/s.Sri Kalyani Modern Rice Mills,

on or towards West by : Land of M/s.Sri Kalyani Modern Rice Mills,

on or towards North by : Land of M/s.Sri Kalyani Modern Rice Mills.

(10) All the piece and parcels of immovable property admeasuring Ac.0-12 ½ cents or

605 Sq.yds. in RS No.110/4 & 110/2B, situated at Prathipadu Village, Pentapadu Mandal,

W.G.Dist., in the State of Andhra Pradesh with in the limits of Tadepalligudem SRO and

bounded by

on or towards East by : Remaining land of T.Bhaskara Rao in this number,

on or towards South by : Remaining land of T.Bhaskara Rao in this number,


on or towards North by : Land of T.Bhaskara Rao etc.,.

10

(11) All the piece and parcels of immovable property admeasuring Ac.0-95 ½ cents, in

two items (i.e. Ac.0-82 cents in RS No.110-4B & Ac.0-13 ½ cents in RS No.110-1),

situated at Prathipadu Village, W.G.Dist, in the State of Andhra Pradesh with in the limits

of Tadepalligudem SRO and bounded by

1st Item (Ac.0-82 cents in RS No.110-4B)

on or towards East by : Land of T.Subba Rao,

on or towards South by : Land of M.Venkata Rama Rao,


on or towards North by : Land of V.Lakshmana Swamy etc.,

2nd

Item (Ac.0-13 ½ cents in RS No.110-1)

on or towards East by : Land of P.Satti Reddy etc.,

on or towards South by : Land of P.Satti Reddy etc.,

on or towards West by : Land of V.Laksmanna,

on or towards North by : Land of Sri Ganesh etc.,

(12) All the piece and parcels of immovable property admeasuring Ac.0-56 ½ cents of

land in two items (i.e., Ac.0-43 cents in RS No.110-3 & Ac.0-13 ½ cents in RS No.110-1),

situated at Prathipadu Village, W.G.Dist., in the State of Andhra Pradesh with in the limits

of Tadepalligudem SRO and bounded by

1st Item (Ac.0-43 cents in RS No.110-3)

on or towards East by : Full in number,

on or towards South by : Full in number ,

on or towards West by : Full in number,

on or towards North by : Full in number,

2nd

Item (Ac.0-13 ½ cents in RS No.110-1)

on or towards East by : Land of V.Lakshmana Swamy,

on or towards South by : Above 1st item,


on or towards North by : Land of Sri Ganesh etc.,


in RS No.271/5 (Revised) & 118/A1 (Old), situated at Prathipadu Village, Pentapadu

11

Mandal, W.G.Dist., in the State of Andhra Pradesh with in the limits of Tadepalligudem

SRO and bounded by

on or towards East by : Land of Y.Veeranna,



on or towards North by : Land of M/s.Sri Kalyani Modern Rice Mills .




on or towards East by : Land of V.Surya Kantham,


on or towards West by : Land of Y.Veerana,

on or towards North by : Land of V.Radha Krishna.


in RS No.269/1C, situated at Prathipadu Village, Pentapadu Mandal, W.G.Dist., in the State


on or towards East by : Land of G.Ramachandra Raju,

on or towards South by : Land of G.Manikyala Rao,


on or towards North by : National highway road.




on or towards East by : Land of Y.Veranna & another,




12


in RS No.270/9, Situated at Prathipadu Village, Pentapadu Mandal, W.G.Dist., in the State



on or towards South by : Full in number,


on or towards North by : Full in number.











on or towards East by : Land of M/s.Sri Kalyani Modern Rice Mills,


on or towards West by : Land of Y.Subba Rao,







on or towards West by : Land of M.Venkata Rama Rao,

on or towards North by : Land of M.Venkata Rama Rao.

13


in RS No.271/4, 271/1, situated at Prathipadu Village, Pentapadu Mandal, W.G.Dist., in the







in RS No.270/5, 270/6, situated at Prathipadu Village, Pentapadu Mandal, W.G.Dist., in the


on or towards East by : Land of V.Lakshmana Swamy,



on or towards North by : Irrigation bodi.




on or towards East by : Land of A. Bala Achyuthamba,

on or towards South by : Land of R. Ranga Rao & another

on or towards West by : Land of K. Bulli Swamy,

on or towards North by : Land upto some extent of K. Bulli Swamy etc.


in three items (i.e., Ac.0-82 cents in RS No.270/4, Ac.0-82 cents in RS No:270/8 & Ac.0-16

cents in RS No. 271/2), Situated at Prathipadu Village, W.G.Dist., in the State of Andhra

Pradesh with in the limits of Tadepalligudem SRO and bounded by

1st Item (Ac.0-82 cents in RS No.270/4)




on or towards North by : Full in number,

14

2nd

Item (Ac.0-82 cents in RS No: 270/8)





3rd

Item (Ac.0-16 cents in RS No. 271/2)



on or towards West by : Land of Y.Kasi Visweswara Rao,

on or towards North by : Land of M/s.Sri Kalyani Modern Rice Mills

(25) All the piece and parcels of immovable property admeasuring 662 ½ Sq., Yds.,of

site in RS No. 266/1B/1, 266/1B/2, 266/1B/3 & 266/1B/4, Situated at Prathipadu Village,

Pentapadu Mandal, W.G.Dist., in the State of Andhra Pradesh with in the limits of

Tadepalligudem SRO and bounded by

on or towards East by : Land of P.Surya Kantham,

on or towards South by : Land of M/s.Sri Kalyani Modern Rice Mills

on or towards West by : Land of Damara Singh Satyam,

on or towards North by : Tadepalligudem National High way.

together with all building and structures thereon and all plant and machinery attached to

earth or permanently fastened to anything attached to the earth.

15

Brief Details of Plant & Machinery

Raw Rice Mill & Boiled Rice Units :

S.

No

Equipment Qty

1 MS Boiled Paddy Bin With Sieve 1

2 10’ Rubber Shellers with 10HP MOTC 2

3 90 CM Separator With Over Grader with 15 HP Motor 1

4 No.2 Type Huller 3

5 2’ 6” Cones 6

6 Broken Rice Sive with Fan 1

7 Polished Rice Sieve with Fan 1

8 Bran Sieve with 10 HP Motor 1

9 Raw Paddy Bin with Sieve Incl Paddy Cleaners 1

10 De Stoner with 10 HP Motor 1

11 Bran Blower With 2 HP Motor 6

12 Husk Blower With 15 HP Motor,Incl Piping,Separator 1

13 150 HP Motors 2

14 160 KVA Kirloskar Generator 1

15 Main Switch With Panel & Cables for 150 HP Motor 1

16 250 KVA Transformer with Copper Cables 1

17 300 KVA Power Room with Panels 1

18 500 KVA Power Transformer 1

19 MS Elevators 14

20 Dust Blower with 2 HP Motor 1

21 Main Shafts, Belts, Bearings and Structures 1

22 MS Structure for Elevator & Machinery 1

23 Panel Boards, Boiled Rice Mill Machinery 1

24

150 HP Motor Attached control board, 300 KV LT

Switch, 25 KVR Capacitor 1

25 Mill Hall Panel Board 1

26 Dryer Panel Board 1

27 Gas Fired Unit 1

28 Rice Conveyors 2

29 75 HP Rice Mill Panel Board 1

30 Mill Hall Panel Board 1

31

Boiler Water Treatment Plant with 3” Dia Pipe 125

RMT & Rapid Filtration Plant 1

32 Main Cable – 185 Sq.MM Meter 210

33 Dryer Unit 1

34 Boiler Unit 1

35 Rubber Shellers 2

36 Paddy Cleaner 1

37 MS Paddy Bin & Rice Bin 1

16

38 Sieves 2

39 Dust Blower 1

40 Husk Blowers 2

41 54 Compartment Separator 1

42 Grader 1

43 Cones 6

44 Bran Blower 1

45 75 HP Motor 1

46 Elevators 12

47 Main Shaft Pulleys, Bearing Belts 1

48 MS Structure 1

49 Bran Blowers with 7.5 HP Motor 3

50 Broken Rice Sieve 1

51 Rice Conveyors 2

52 Destoner 1

53 Generator 1

Power Plant Machinery

S.

No

Equipment Qty

1

Thermax Boiler( 46 Tons), ESP &

Turbine ( 7.5 MW with all accessory 1

2 Boiler with Accessories 1

3 Water Treatment Plant 1

4 Cooling Towers with all Accessory 1

5 Pumps 1

6 Electro static Precipitators 1

7 Fuel handling system 1

8 Ash handling system 1

9 Motor control centres 1

10 Transformers 1

11 Switch gear & other electrical equipment 1

12 Weigh bridge 1

13 DM water storage tanks

14 Yard lighting 1

15 Water piping 1

16 HP & LP Dosing Tanks 1

17 RO plant with accessories 1

17

Steel Plant Machinery

S.

No

Equipment Qty

1 Induction furnace & Accessories 1

2 EOT Cranes 1

3 Electrical equipment 1

4 Pollution control equipment 1

5 Pumps & Motors 1

6 Yard piping 1

7 Water storage tanks 1

8 Cooling Tower 1

9 Balling Press 1

10 Generator 1

11 Moulds & Misc equipment 1

18

IV. OUTSTANDING DUES OF THE SECURED LENDER

AT THE TIME OF 13(2) NOTICE UNDER SARFAESI


Particulars of the Defaults Payment of Interest [including Penal Interest]

DEFAULTS (at the time of 13(2) SARFAESI Notice Issued)

Amount in Rs.

Cash Credit facilities & Term loans

22,42,99,403.40

Total Outstanding Dues as on 01.10.2015

Amount in Rs.

Working Capital Limits ,

Term Loans & Other dues 34,19,10,191.40

Total Outstanding

34,19,10,191.40

(Rupees Thirty Four Crores Nineteen Lakhs Ten thousand

One hundred ninety One paise Forty only)

19

V. TERMS AND CONDITIONS

1 The Authorised Officer (AO) exercising the powers under the Securitisation and

Reconstruction of Financial Asset and Enforcement of Security Interest Act, 2002 read

with Security Interest (Enforcement) Rules, 2002 (hereinafter referred to as "the

SARFAESI Act") is selling the asset/property mentioned at item No.III of this Bid

Document (hereinafter referred to as the 'Secured Asset') and the same is being sold free

from charges and encumbrances of the secured lender mentioned at item No. IV of the Bid

Document.

2 Issue of Bid/ Offer / Bid Document

The Bid Document along with Offer Form is available upto 03.12.2015 on any working

day between 9.30 a.m. to 3.30 p.m. from the Authorised Officer, IDBI Bank, 46-22-11,

Karri Surredy Plaza, Danavaipet, Rajahmundry, Andhra Pradesh - 533103

The bid document can also be downloaded from IDBI website (www.idbi.com) and

http://bankauctions.in and http://foreclosureindia.com/ .

3 Reserve Price and Earnest Money Deposit (EMD)

Secured Assets Reserve

price

(Rs. Lakh)

EMD (Rs. Lakh)

(10% of Reserve

Price)

All that piece and parcel of freehold land and

building (including structures, fixtures and

fittings, constructed, installed, erected thereon

) along with plant and machineries of Raw and

Boiled Rice Unit Mills, Co-Gen Power Unit

and Steel Plant Unit of Sri Kalyani Agro

products and industries Limited, admeasuring

an extent of Ac 19.25 cents at D.No.5-6,

Tanuku Road, Prathipadu Village, Pentapadu

Mandal, Tadepalligudem, West Godavari,

Andhra Pradesh

3260.75 326.07

4 The sale of Secured Asset is on “As Is Where is Basis”, “As Is What Is Basis”, “Whatever

There Is Basis” and “no Recourse Basis”. The description of the immovable property is

based on the mortgages created by the Borrower/Mortgagors with the Secured Lender from

time to time and the representations made by them. The AO/Secured Lender does not take

or assume any responsibility for any shortfall of the immovable assets or for procuring any

permission, etc. or for the dues of any authority established by law. All Statutory

Liabilities/Taxes/Maintenance Fee/ Electricity/Water charges etc., outstanding as on date

and yet to fall due would be ascertained by the bidder and would be borne by the

successful bidder. It is expressly made clear that the AO/Secured Lender do not take any

responsibility to provide information on the same. The AO/Bank does not take or assume

any responsibility for any dues, statutory or otherwise of M/s. Sri Kalyani Agro products

and industries Limited, including such dues that may affect transfer of the asset in the

name of the purchaser and such dues, if any, will have to be borne / paid by the Purchaser.

5 Inspection of Asset

http://www.idbi.com/

http://bankauctions.in/

http://www.foreclosureindia.com/

20

The interested parties may, inspect the property at their own cost and expense, with prior

appointment on 25th

November and 1st December 2015 between 11 AM to 2 PM in the

presence of representative of the Authorised Officer/Enforcement Agent who would be

available at the property site to facilitate the inspection.

6 Due Diligence by the Bidders

The interested parties may carry out their own comprehensive due diligence in respect of

the Secured Assets including any dues relating to the Secured Assets. A bidder shall be

deemed to have full knowledge of the condition of the asset, relevant documents,

information, etc., whether the bidder actually inspects or visits or verifies or not.

7 The bidders shall be deemed to have inspected and approved the Secured Asset to their

entire satisfaction and for the purpose, the Bidder(s) may, in their own interest and at their

own cost, verify the area of the premises and details of immovable asset, if any and any

other relevant information before submitting the Bids. It shall be presumed that the bidder

has satisfied himself / herself / themselves about the names, descriptions, particulars,

quantities, qualities, specifications, measurements, boundaries and abuttals of the assets /

property and that the bidder concurs or otherwise admits the identity of the assets /

property purchased by him / her notwithstanding any discrepancy or variation, by

comparison of the description in the particulars of the assets / property and their condition.

8 The Bidder shall not be entitled to receive re-imbursement of any expenses which may

have been incurred in preparation of the Bid / Offer for submission and/or for carrying out

due diligence, search of titles to the asset and matters incidental thereto or for any other

purpose in connection with purchase of the asset under reference.

9 Submission of Bid

The Bidder shall complete in all respects the Bid form(s) annexed to the Bid Document,

and furnish the information called for therein and shall sign and date each of the

documents in the space provided therein for the purpose. The Bidder shall initial on each

page of the Bid. Bids received for sale and / or accepted are Not Transferable.

The Format for submission of Profile of the bidder(s) is given in Chapter VII & VIII

respectively of this Bid Documents.

The Format Chapter VII is for Individuals and

The Format Chapter VIII is Company/Proprietorship/ Partnership Firm.

Bidder(s) may fill in only the form relevant to them.

10 The Bid shall be signed by a person or persons duly authorized by the Bidder with the

signature duly attested.

11 The Bid shall contain the full address, Telephone No., Fax No., e-mail-ID, if any, of the

Bidder(s) for serving notices required to be given to the Bidder in connection with the Bid.

12 The Bid form shall not be detached one from the other and no alteration or mutilation

(other than filling in all the blank spaces) shall be made in any of the documents attached

thereto.

13 Last date for Submission of Bid Document

The interested parties may submit separate Bid Document duly filled and signed along with

EMD and other required documents to the Authorised Officer, IDBI Bank, 46-22-11, Karri

surreddy Plaza, Danavaipeta, Rajahmundry , Andhra Pradesh - 533103 on any working day

but not later than at 3.30 p.m. on 07.12.2015 (Monday) in a sealed cover containing a

21

Crossed A/c Payee Demand Draft/Pay Order drawn in favour of “IDBI Bank -A/c Sri

Kalyani Agro products and industries Limited,” payable at “Rajahmundry” issued by any

Nationalised Bank/ Scheduled Bank as Earnest Money Deposit (EMD), which shall be

superscripted “EMD and Bid Document for M/s. Sri Kalyani Agro products and industries

Limited,”.

Remittance of EMD by way of RTGS

i) Bidder(s) who prefer to submit the EMD by way RTGS, may remit the EMD amount in

favour of IDBI Bank, A/c No.09437000010052 using IFSC Code IBKL0000094, Branch :

Rajahmundry . Such bidders must indicate RTGS UTR No., Amount Remitted & Date of

Remittance in the appropriate space provided in the Bid Form.

14 The bidder/representative of the bidder whose Bid Document is complete in every respect

and whose Demand Draft/Pay Order for EMD is found to be in order and /or remittance by

way of RTGS proceeds is credited into the account indicated well before the cut-off time

will be permitted to participate in the e-Auction. Bank does not take any responsibility

and will not entertain any complaint for any delay in transfer of funds by way of electronic

mode. Form of Bid, if found incomplete in any respect, shall be liable for outright

rejection. Bidder(s), whose forms are found to be in order together with the EMD / Cost of

Bid Document submitted by them, will be intimated by e-mail and through mobile.

15 Registration with E-Auction Service Provider

1. Participants who are not already registered with the e-auction provider

M/s.4Closure , Hyderabad should register themselves by following the procedure

mentioned at the website: http://foreclosureindia.com/

a. The participants /intending purchasers are necessarily required to submit

following documents / papers for registration to M/s.4Closure , Hyderabad.

b. Self attested copy of Pan Card

c. Self Attested valid residential proof (Voter Id card, Passport copy, Aadhar Card,

telephone bill, electric bill - any one)

d. Self attested valid e-mail id and mobile no.

e. Board resolution to participate in auction in case if bidder is a company.

2. The User id and Password will be then sent directly to the Registered Participants

/Intending Purchasers whose Bid Document is complete in every respect and whose

Demand Draft/Pay Order for EMD is found to be in order and/or remittance by way of

RTGS proceeds is credited into the account indicated well before the cut-off time and

the documents with further directions by the e-Auction provider company, if any, for

log in and participating in the auction through online process.

After receiving the user-id / password, in case any bidder(s) feels the need for training/e–

auction support (voice and web based), such bidder(s) may contact Shri U.Subba Rao

(Mobile- 81420 00061 / 81420 00066), M/s.4Closure, Hyderabad, E-Mail id:

[email protected]

For other terms and condition, please refer to IDBI Bank website (www.idbi.com) and

http://foreclosureindia.com/

For queries during the live auction:

Auction Room Phone no. : +91- 81420 00061 / 81420 00066

The Bank/AO/E-Auction Service Provider will not be responsible for any error that may

occur due to power failure/computer hardware or software error/network error etc, at the

time of e-Auction.


mailto:[email protected]



22

16 Date and Time of e-auction

The E-Auction Day: December 09, 2015

The E-Auction would be held from 11.30 A.M. to 1.00 PM on December 09, 2015 with

unlimited extensions of 5 minute each beyond 1PM , if required on e-auction platform at

website http://bankauctions.in . In case no further valid bids received during the extended

period, the last highest bid received would be treated as successful bid and auction would

be treated as closed/ terminated.

Increase in Bid Amount :

It may be noted that increase in bid amount, if any, will be Rs.5,00,000/- during the e-

Auction period shall be made as under:

(Note: Increase in Bid amount below Rs.5,00,000/- will be rejected)

First bid should be of at least equal to Reserve Price or increment (s) over the reserve price

in multiples as above.

17 AO reserves the right to retain the EMD of top three bids upto three months from the date

of opening of the bids and the amount of EMD will not carry any interest, for the purpose

of considering subsequent successful bidder. The Bids so retained will be valid for three

months from the date of e-Auction or till further extension of time as may be approved by

the AO. The EMD of other bids will be returned within 7 days from the date of e-

Auction.

18 Payment of Sale Price

The successful bidder would be informed in writing about the acceptance of their bid/offer

by the AO and will be required to deposit 25% of the Sale Price (including EMD) within 3

working days from the date of letter intimating confirmation/acceptance of his/her bid or

by 12.12.2015; 3.30 PM whichever is earlier by Crossed A/c Payee Demand Draft/Pay

Order drawn in favour of "IDBI Bank – A/c Sri Kalyani Agro products and industries

Limited " payable at Rajahmundry issued by any Nationalised Bank/Scheduled Bank or by

way of RTGS in favour of IDBI Bank, A/c No. 09437000010052 using IFSC Code

IBKL0000094, IDBI Bank, Rajahmundry -533103 or such extended period as may be

agreed upon in writing between the successful bidder and the AO.

The balance amount of the Sale Price would have to be paid in similar manner within 15

(Fifteen) Days of the Confirmation of Sale or by 26.12.2015 up to 3.30 PM by way of

Crossed A/c Payee Demand Draft/Pay Order drawn in favour of "IDBI Bank –A/c. Sri

Kalyani Agro products and industries Limited " payable at Rajahmundry issued by any

Nationalised Bank/Scheduled Bank or by way of RTGS in favour of IDBI Bank, Account

No.09437000010052 using IFSC Code IBKL0000094, IDBI Bank, Rajahmundry -

533103 or such extended period as may be agreed upon in writing between the successful

bidder and the AO.

19 In case the successful bidder fails to deposit 25% of the Sale Price, the AO shall Forfeit the

EMD and if the successful bidder backs out after paying 25% of the sale price, then AO

shall Forfeit the 25% of the sale consideration so deposited including the EMD.

20 The defaulting successful bidder shall forfeit all claims to the asset or to any part of the

sum for which it may be subsequently sold.

http://bankauctions.in/

23

21 In the event of the successful bidder failing to pay the consideration amount within the

time schedule stipulated, the AO reserves the right to resell the asset to the second/third

highest bidder(s) in the above manner, who shall also be treated as the successful bidder.

22 On confirmation of sale and if the terms of payment have been complied with, the AO

exercising the power of sale shall issue Certificate of Sale for the immovable property in

favour of the purchaser as per the format provided in the Security Interest (Enforcement)

Rules, 2002.

23 The successful Bidder shall, after making full payment of sale price within 15 days

(Fifteen Days) of the Confirmation of Sale or such extended period as may be agreed to

by the AO at his/her sole and absolute discretion, arrange to take possession of the Secured

Asset immediately thereafter. It is explicitly stated that once the Sale Certificate is issued

by the AO, the AO shall not be held responsible for security and safe-keeping of the

Secured Asset. In case successful bidder fails to take possession of the secured asset as

stated above, the AO reserves the right to revoke the sale confirmed in his/her favour,

forfeit the entire amount paid by successful bidder and go for re-bidding or sell the secured

asset by any of the modes as prescribed in the SARFAESI Act including sale by

negotiation with any of the bidder and/or other parties by Private Treaty. In such an

event, the original successful bidder shall have no claims on the secured asset or to any

amount/s for which it may be subsequently sold.

24 The purchaser will be required to bear all the necessary expenses like Stamp Duty,

Registration Expenses, etc. for transfer of asset in his/her name. It is expressly stipulated

that there are no implied obligations on the part of the AO or the Secured Lender and it

shall be solely the obligation of the Bidder, at his/her cost, to do all acts, things and deeds

whatsoever for the completion of the sale including payment of all Statutory Liabilities /

Housing Society Tax / Maintenance Fee / Electricity / Water Charges etc., outstanding as

on date and yet to fall due would be ascertained by the bidder(s) and would be borne by

the successful bidder to get the asset transferred in his /her/their name. The Bank does not

take any responsibility to provide information on the same.

25 The submission of the Bid means and implies that the Bidder has unconditionally and

irrevocably agreed to and accepted all the above terms and conditions of the Bid/Offer laid

down herein.

26 The time hereinabove fixed for observance and performance by the bidder of any of

obligations to be observed by him/her under these conditions is and shall be deemed to be

of the essence.

27 General Terms and Conditions

The AO shall be at liberty to amend/modify/delete/drop any of the above conditions as

may be deemed necessary in the light of the facts and circumstances.

28 The entire procedure of e-auction, the sequence of inter-se bidding etc. shall be at the sole

and absolute discretion of the AO and the intending bidders shall have no right whatsoever

to object to the same.

29 The AO reserves the right and liberty to accept/reject any or all the Bids and also reserves

the right to cancel the entire sale process without assigning any reasons. In case all the

bids are rejected or the successful bidder fails to make payments as required in the Bid

Document or withdraws his/her bid, the AO, at his/her sole and absolute discretion,

reserves the right to go for re-bidding or sell the asset by any of the modes as prescribed in

the SARFAESI Act including sale by negotiation with any of the bidder(s) and/or other

24

parties by private treaty and the Bidders shall have no right to object to the same.

30 In the event the said sale in favour of the bidder not being confirmed by AO, otherwise

than on account of the Willful Default of the bidder or if the sale is set aside by an order of

the Court/Tribunal, then in that event the sale shall be void and the bidder shall, in that

event be entitled only to receive back his/her Earnest Money Deposit (EMD) or purchase

money as the case may be, but without interest, and the bidder shall not be entitled to be

paid his costs, charges and expenses of and incidental to the said sale and investigation of

title or any other costs incurred by him/her.

31 Notwithstanding anything stated elsewhere in this Bid Document, the AO reserves the

right to call off the sale process at any point of time without assigning any reasons.

32 Jurisdiction

All disputes arising amongst the parties shall be adjudicated according to Indian Law and

the Courts in Andhra Pradesh State alone shall have jurisdiction to entertain/adjudicate

such disputes.

*-*-*-*

25

VI. BRIEF DETAILS OF BID DOCUMENT

BID/OFFER FORM FOR PURCHASE OF SECURED ASSET OF



fittings, constructed, installed, erected thereon ) along with plant and machineries of Raw

and Boiled Rice Unit Mills, Co-Gen Power Unit and Steel Plant Unit of Sri Kalyani Agro

products and industries Limited, admeasuring an extent of Ac 19.25 cents at D.No.5-

6,Tanuku Road, Prathipadu Village, Pentapadu Mandal, Tadepalligudem, West Godavari,

Andhra Pradesh

1 Issue of Bid/Offer

Document

The Bid Document along with Offer Form is available upto

03.12.2015 on any working day between 9.30 a.m. to 3.30 p.m. with

Authorized Officer , IDBI Bank, 46-22-11, Karri Surredy Plaza,

Danavaipet, Rajahmundry, Andhra Pradesh - 533103.

The Bid Document can also be downloaded from IDBI website

(www.idbi.com) and http://foreclosureindia.com/

2 Last Date and

time for

Submission of

Bid Document

together with

EMD

07.12.2015 during banking hours upto 3.30 PM.

3 Place, Date and

Time of E-

Auction

Place: e-Auction platform at website: https://bankauctions.in

Date : 09.12.2015

Time: From 11.00 a.m. to 1.00 pm with unlimited extension of 5

minutes each beyond 1 pm, if required.



26

VII. FORMAT FOR SUBMISSION OF

PROFILE OF THE BIDDER

- INDIVIDUAL -

For Purchase of Secured Asset Mortgaged by Sri Kalyani Agro products and industries Limited

.


fittings, constructed, installed, erected thereon ) along with plant and machineries of Raw and

Boiled Rice Unit Mills, Co-Gen Power Unit and Steel Plant Unit of Sri Kalyani Agro products

and industries Limited, admeasuring an extent of Ac 19.25 cents at D.No.5-6, Tanuku Road,

Prathipadu Village, Pentapadu Mandal, Tadepalligudem, West Godavari, Andhra Pradesh

(* To be filled and submitted by the Bidder/Offerer)

1 a) Full Name of the Bidder

(in Block Letters)

b) Complete Postal Address with PIN

Code, Phone / Fax Nos, Website etc.

c) Mobile No.

d) E-mail id:

2 Brief Particulars of Business

3 Relationship, if any, the Bidder has with any

Employee of IDBI Bank Ltd

4 Name & Particular of the Company/Firm

/Person in whose name the Secured

Asset/Property are to be Purchased

5 Details of Earnest Money Deposit (EMD)

i) DD / Pay Order Rs.

ii) DD / Pay Order Date

iii) Name of Issuing Bank and Branch

In case of the EMD deposited through RTGS, Please indicate :

Name of the Account from which the amount is Remitted

Name of the Bank/Branch

IFS Code

RTGS UTR Rs.

Amount Remitted

Date of Remittance

7 Income Tax Permanent Account Number (s) PAN of

Bidder

* Each and every information and document to be submitted is mandatory.

27

I/We have read and understood the detailed terms and conditions of the sale/bid document and

have also read, perused and understood all the relevant papers and have carried out my/our own

due diligence. In case any information is found to be incorrect, I/We shall not hold the

Authorised Officer and/or IDBI Bank Limited responsible for the same and shall not have any

claim, whatsoever, against either of them.

Signature of the duly Authorised Official of the Bidder

Name and Designation of the duly authorised Signatory

Place:

Date:

28

VIII. FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER

COMPANY/ PARTNERSHIP/ PROPRIETORSHIP

For Purchase of Secured Asset Mortgaged by Sri Kalyani Agro products and industries Limited

.


fittings, constructed, installed, erected thereon ) along with plant and machineries of Raw and

Boiled Rice Unit Mills, Co-Gen Power Unit and Steel Plant Unit of Sri Kalyani Agro products

and industries Limited, admeasuring an extent of Ac 19.25 cents at D.No.5-6, Tanuku Road,

Prathipadu Village, Pentapadu Mandal, Tadepalligudem, West Godavari, Andhra Pradesh

(* To be filled and submitted by the Bidder/Offerer)

1 a) Name of the Company/ Firm/

Party (in Block letters)

b) Complete Registered Address

c) Complete Correspondence

Address with PIN Code, Telephone

Nos.; Fax Nos.; website etc.

2 Date of incorporation

3 Constitution (Private/ Public/ Joint)

4 Name of Chairman

5 Name of Managing Director/ Partner

6 Board of Directors a)

b)

c)

d)

e)

f)

7 Income Tax PAN No.(attested copy of

PAN card of company to be attached)

8 Date of Last Income Tax Return

(Enclose copy of last 3 years’ Income

Tax clearance certificate)

9 a) Full Name of authorized person to

carry out e-Auction on behalf of the

Company/ Firm/Party (in Block letters)

(Original authorized letter to be attached

to carry out the e-Auction process)

b) Complete Postal Address of the

Authorised person with

PIN Code, Telephone Nos;

Fax No.; website etc.

c) Mobile No.

29

d) Email ID

10 Designation of authorized Person

11 Relationship , if any, the Bidder has with

any employee of IDBI bank ltd.

12 Details of Earnest Money Deposit (EMD)

i) Demand Draft No. / Pay Order No.

ii) Date of Demand Draft /Pay Order

iii) Name of the issuing Bank and Branch

13 Details of Earnest Money Deposit

(EMD)

i)Name of the Account from which the

EMD amount is remitted

ii)Account No. from which the amount is

remitted

iii)Name of the Bank/Branch

iv) IFS Code

v) RTGS UTR No.

vi) Amount remitted

vii) Date

* Each and every information and document to be submitted is mandatory.

I/We have read and understood the detailed terms and conditions of the sale/bid document

and have also read, perused and understood all the relevant papers and have carried out

my/our own due diligence. In case any information is found to be incorrect, I/We shall not

hold the Authorised Officer and/or IDBI Bank Limited responsible for the same and shall

not have any claim, whatsoever, against either of them.

Signature

(Name of the Authorised Person)

Designation:

Company Seal

All authorization should be annexed to this form.

30

IX. FORM OF APPENDIX TO THE BID

(DECLARATION BY THE BIDDER)

(ON THE STAMP PAPER OF RS.100/-)

FORM OF BID

(Note: This Appendix forms part of the Bid Document)

TO

The Authorised Officer,

IDBI Bank, Rajahmundry ,

Andhra Pradesh - 533103

Sir,

Sale of Secured Assets –

M/s. Sri Kalyani Agro products and industries Limited, (including structures,

fixtures and fittings, constructed, installed, erected thereon ) along with plant and

machineries of Raw and Boiled Rice Unit Mills, Co-Gen Power Unit and Steel Plant Unit

Located at D.No.5-6, Tanuku Road, Prathipadu Village, Pentapadu Mandal,

Tadepalligudem, West Godavari, Andhra Pradesh

.

1) Having fully examined and understood the terms and conditions of the Bid Document and

condition & status of the Secured Asset/property, I/We offer to purchase the said Secured Asset

strictly in conformity with the terms and conditions of this Bid/Offer Document;

2) I/We understand that if my/our Bid/Offer is accepted, I/We shall be responsible for the due

observance and performance of the terms and conditions of the Bid/Offer and acquire the

Secured Asset/property. Should I/We fail to execute and perform the terms and conditions when

called upon to do so, the Earnest Money Deposit (EMD) shall be forfeited.

3) I/We further understand that if my/our Bid/Offer is accepted, should I/we fail to deposit the

balance amount of 75% of the sale consideration (after having paid 25% of the sale

consideration) by the stipulated date, the said amount of 25% of the sale consideration (including

Earnest Money Deposit) or any further amount/s paid by me/us shall also be forfeited, as laid

down in the terms and conditions of the Bid Document.

4) I/We further understand that if my/our Bid/Offer is accepted, after making full payment of the

sale price within 15 days of confirmation of sale/acceptance of bid/offer or such extended period

as may be granted by the AO at her sole and absolute discretion, I/we shall arrange to take

possession of the secured asset immediately . I/We understand that once the Sale Certificate is

issued by the AO, the AO shall not be held responsible for security and safe-keeping of the

secured asset. We further understand that in the event I/We fail to take possession of the Secured

Asset as stated above, the AO reserves the right to revoke the sale confirmed in my/our favour

and forfeit the entire amount paid by me/us and I/we shall have no claims on the secured asset or

to any amount/s for which it may be subsequently sold

5) I/We clearly understand and accept that the Authorised Officer or the secured lender do not take

or assume any responsibility for any dues, statutory or otherwise, of Sri Kalyani Agro products

and industries Limited including such dues that may affect transfer of the asset in the name of the

purchaser and such dues, if any, will have to be borne/paid by me/us in case my/our Bid/offer is

accepted.

31

6) We understand that you are not bound to accept the highest or any Bid/Offer you may receive.

Further, I/we will not raise any objection in case the Authorised Officer goes for re-bidding or

sells the property by any of the modes prescribed in the SARFAESI Act including sale by

negotiation with any of the bidders and/or other parties by private treaty.

7) I/We understand that time is the essence for completing the acquisition formalities of the

property and I/we agree and undertake to abide by it.

8) I/We also enclose a Demand draft / Pay order of value Rs. Lakh (Rupees

…………….....................…………………………………………………………………………

…………) towards Earnest Money Deposit (EMD) in the name of “IDBI Bank Ltd. - A/c Sri

Kalyani Agro products and industries Limited payable at Rajahmundry .

Or

9) I/We have remitted Rs. Lakh (Rupees

……………......................................………………………………………………………)

towards earnest money Deposit (EMD) in the name of “IDBI Bank Ltd by way of RTGS amount

in favour of IDBI Bank LTD., A/c No.09437000010052 IFSC Code: IBKL0000094, Branch :

Rajahmundry

10) We understand that the EMD will not carry any interest.

11) We understand that the Bid should be unconditional and Bid/Offer having conditions contrary to

the terms and conditions of the Bid/Offer document can be summarily rejected.

Place :

Date : ……. day of ________2015

Signature…………………………………………. in the capacity of ...

Duly Authorized to Sign Bid and on behalf of …

(Name and address Bidder)

(IN BLOCK CAPITALS)

WITNESS :

Signature :

Name & Address :

Occupation :