Description PUNJAB & SIND BANK,
ZONAL OFFICE, MODEL TOWN, JALANDHAR
PUBLIC NOTICE FOR SALE ( BY PUBLIC TENDER)
(In terms of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act
,2002 (SARFAESI) read with rule 6,7 ,8 & 9 of Security Interest (Enforcement) Rules 2002).
Pursuant to the possession of the properties/Secured assets detailed herein below, having
been taken by the undersigned Authorised Officer of Punjab & Sind Bank,the secured creditor,
Under section 13(4) of SARFAESI Act, 2002) for recovery of secured debts of Punjab & Sind
Bank as mentioned here below with cost and charges, it has been decided by the undersigned
to sell the properties mentioned here below by public tender for recovery of the aforesaid
amounts alongwith interest. Interested parties are invited by the undersigned to participate in
the said tenders for purchase of the following properties on “As is where is basis” and “As is
what is basis”.
S
N
Name of NPA
A/c. / Br.
Description of the property Amount as
per demand
notice
RESERVE
PRICE
FIXED.
Earnest
money i.e.
10%of
reserve
price
1. Sh.Manjit Singh
& Smt Jaspal
Kaur B/O New
Grain Market
Jalandhar
Property Portion measuring
11.Marlas Situated at House
no. 180, Civil Line Jalandhar
vide sale deed No. 5728 dated
26.11.2001 in the name of Smt.
Jaspal Kuar W/o Sh. Manjit
Singh.
Rs.490356/-
dt.08.12.05.
Rs.44.00
Lacs.
Rs 440000/
2 M/s U.R.
Industries B/O.
S S I Industrial
area Jalandhar
Property measuring 8.4 Marlas
Situated at Chhota Saipur Road,
Dada Colony,Industrial area,Bye
Pass Jalandhar vide sale deed
No.2253 dated 06.07.1987 in the
name Sh. Joginder Singh & Sh.
Balbir Singh S/os Sh. Niranjan
Singh
Rs.1364929/-
Dt 23.12.04.
Rs.5.00
Lacs
Rs.50000/
3 Chaman Lal Sikri
& Sh. Rohit Sikri
S/o Sh. Chaman
Lal Sikri B/o
L.K.C Jaladhar
Residencial Property measuring
8 marlas (Marla= 272sq.ft)
situated at House No. 18/2-c
Shaheed Baba Deep Singh Nagar
Jalandhar vide sale deed No.
1695 dated 02.03.2004 in the
name Sh. Chaman Lal Sikri & Sh.
Rohit Sikri.
Rs.670838/-
dt23.01.06
Rs.7.40
Lac
Rs.74000/
4 M/sJawala Valves
B/o S S I
Industrial
Jalandhar.
Land & Building measuring 2.50
marlas situated at Portion of
House no. E.J. 251A, Chahar
Bagh, Phagwara Gate Jalandhar
vide sale deed No. 3496 dated
03.07.1992 with sub Registrar
Jalandhar in the name Smt.
Veena Mohindru W/o Sh. Roshan
Lal.
Rs.1810396/
50pdt.
23.12.2004
Rs.7..00
Lac
Rs.70000/
5 M/s K.M.T.
Woods Pvt.Ltd
B.O P.S.B.
Complex
Jalandhar
Mithapur Road,
Jalandhar
Land & Building measuring 14
Kanal at village Sarai Khas,
Tehsil & Distt. Jalandhar
registered vide title deed no.
185 dated 22.06.1994 in the
name of M/s K.M.T. Wood Pvt.
Ltd .with Sub- Registrar,
Kartarpur.
Rs.8603681/-
dt
20.12.2004.
Rs.52.00
lac
Rs.520000/
6
Sh. Hargobind
Singh S/o Sh.
Mohan Singh
B.O. S S I
Industrial area
Jalandhar.
Lancer Car Registration No.
HR-09A- 4947,Chassis No.
MA7OOCK8AYA108962, ENGINE
No 3MNAZOO4210 Types of fuel
Used: Diesel, Model-2000 in the
name of Sh Hargobind Singh .
Without Registration Certicate.
Rs.1005886/-
Dt
20.12.2005
Rs.2.00
Lac
Rs.20000/
7 (1)Sh.Dinesh
Jaitley S/o
Sh.K.N. Jaitley
(2) M/s
Elastonomer (3)
M/s Profeel B/O
Lajpat Nagar
Jalandhar
(Security
Common in
these accounts)
1) Property measuring
6marlas138 sqft. Situated at
Village Boot House No. 4-A
Gurmeet Nagar Mithapur Road
Jalandhar vide Sale deed no.
1673 dated 1.07.2003.
2) Commercial properties at
Syal Complex Guru Nanak pura
Choggitti Jalandhar comprising .
A)Shop No 16(9’x15’) }
Sale deed No 4468 dt.
B)Shop No. 19 (9’x15’)}
23.08.2005 &
C)Shop No. 21 (10’x17’)}
Sale deed No.7291 dt
D)Shop No.22 (10’x17’)}
29.11.2004Owned by .
E)Shop No 23 (10’x17’)}Sh.
Diensh Jaitley S/o
F) Shop No 24 (10’x17’)}
Sh. K.N. Jaitley
G)Shop no.25 (10’x17’)}
Along with Fixtures
where ever available
i)
Rs.2674305/
ii)RS.604592/
iii)Rs.
2323091/
All
Dt.09.10.06
Rs.15.00
Lac
Rs.1.60
Lac
Rs. 1.65
Lac
Rs. 1.80
Lac
Rs. 1.85
Lac
Rs.1.90
Lac
Rs. 1.90
Lac
Rs. 1.95
Lac
Rs.150000/
Rs.16000/
Rs.16500/
Rs.18000/
Rs 18500/
Rs 19000/
Rs 19000/
Rs. 19500/
8 M/s Nice
International
B/o New Grain
Market Jalandhar
1)Prop.Measuring 16 Marla 188
sqft. Each plot 8 Marla 94 sqft
(17’-6”x100=1750sqft.) each
i.e. sale deed No. 4982 dated
2.11.2000& Sale deed No. 5114
dated 7.11.2000 in the name of
Smt. Kuljit Kaur W/o S. Nirmal
Singh Situated at A-36
Industrial Estate Jalandhar.
2)Residential Prop. Measuring 6
Marla 69 sqft. 2/6”
Share/Portion House No. N.C
287 Mohalla Kot Kishan Chand
Rs.3429282/
49pdt
12.10.06
Rs.18.00
Lac
Rs.06.00
Lac
Rs.180000/
Rs. 60000/
Jalandhar in the name of S.
Nirmal Singh S/o S. Rattan
Singh Vide sale deed 679 dated
20.04.1993
9 M/s Laxmi Steel
Forging & M/s
Laxmi
International
B/o I.B.D.
Jalandhar
( Security
Common in both
the accounts)
I)Property measuring 27 Marla
Situated at Chhota Saipur,
Industrial area Jalandhar in the
name of M/s Laxmi Steel
Forgings vide sale deed No.
2749 Dated 15.07.1982.
2) property measuring 30
marlas situated at Chhota
Saipur Inddustrial area
Jalandhar in the name
smt.Janki Devi W/o Sh Som
Nath Chopra, Sh. Jatinder
Chopra , Sh Surjit Chopra,
Inderpal Chopra Sons of Sh.
Som Nath. vide sale deed no
4851 dated 22.04.1981
Rs.19468139
/30ps & Rs.
1518764/45p
s
dt.08.12.200
3
Rs. 38.00
Rs.380000/
1
0
M/s J.P.Import
Export B/o IBD
Jalandhar
i)Property measuring
4marlas139sq.ft situated at 75
Guru Harkishan Nagar,Abadi
Basti Guzan Jalandhar in the Sh.
Jaspal Singh S/o Sh. Gian
Singh, vide sale deed no. 14041
dated 21.02.1997.ii)Property
measuring 20.29
Marlas(marla=207sqft) plot no
32 pannu vihar Basti Peer Daad
Khan Jalandhar in the name of
Sh. Jaspal Singh S/o Sh. Gian
Singh vide sale deed no. 5024
dated 10.09.1999.
iii)Prop. Measuring
18marlas74sq.ft(marla=272sq
ft) situated at plot no 33,34
Pannu vihar,Basti peer Daad
Khan Jalandhar in the name of
smt. Meena Bala W/o Sh. Jaspal
Singh vide sale deed no. 1416 &
1344 dated 17.07.2000 &
11.07.2000 respectively.
Rs.59,93,214
=03psdt.28.0
1.05.
-DO-
-DORs.
12.50
Lac
Rs.05.60
Lac
Rs.07.50
Lac
Rs.125000/
Rs.56000/
Rs.75000/
All the origional sale deeds pertaining to the above properties are deposited with
concerned branch from where the borrowers have availed the credit facilities.
DATE , TIME AND PLACE OF INSPECTION BY THE PROSPECTIVE TENDERERS OF
ABOVE PROPERTIES: During banking hours on any working day.
DATE, TIME AND PLACE OF OPENING OF TENDER:
Date of opening of
Tenders
Time of opening of
Tenders
Place of opening of
Tenders
26.03.2007 (Serial No. 1
to 10)
11 A.M. Zonal Office, Model Town
Jalandhar.
(Note: Tenders will be accepted at the Zonal Office Model Town Jalandhar upto
26.03.2007
Extract of terms and conditions appearing in Tender Documents.
1.The tenderer or his authorized representative has to deposit 10% of the reserve price
mentioned herein above for each of the said properties separately as Earnest Money
Deposit (EMD) which will not carry any interest.
2.The Authorised Officer may retain EMD of top three tenderers upto 2 months from the
date of opening of the tenders.
3.The successful tenderer will be required to deposit 25% of the sale price within 48
hours by way of cash/draft upon declaration that his tender is the highest after adjusting
the EMD paid already. Upon failure of the highest bidder to deposit the 25% of the sale
price within prescribed period, the properties will be confirmed to the tenderer who
offered the next highest price and the EMD of the previous highest tenderer shall be
forfeited.
4.The balance amount 75% of the sale price is to be paid within 15 days of the
confirmation of the same or such extended period as permitted upon in writing by the
Authorised Officer. In case of failure to deposit the balance amount of sale price within
the prescribed period, the amounts deposited as per clause 3 here in above shall be
forfeited.
5.On confirmation of sale by the secured creditor and if the terms of the payment have
been complied with the Authorised Officer exercising the power of sale shall issue a
certificate of sale of the aforesaid properties in favour of the purchaser.
6.The Authorised officer is not bound to accept the highest offer or all the offers and
may reject the same without assigning any reason thereof. In case all the tenders are
rejected Authorised officer can negotiate with any of the tenderer or other parties for
sale of the properties by private treaty.
7.All attendant charges including Registration, stamp duty / taxes etc. shall be
exclusively borne by the purchaser.
8.The secured creditor does not in any way warrant the fitness, quality or usability of
the properties being sold.
9.A copy of the complete particulars of terms & conditions of sale is available with
concerned branch between 10.00 AM to 4.30PM in week days & 10.00 AM to 1.30PM on
Saturdays free of cost.
10.A copy of the complete particulars of terms & conditions of sale is also available in
the website of the secured creditor at www.psbindia.com in which may be
downloaded . The prospective tenderers are in their own interest advised to refer to the
tender documents available with concerned branch for any clarifications.
11.The Bank shall not be responsible for any error, omission in this proclamation.
For any further information please contact the concerned branches /Authorised Officer in
person.
Dated : 21.02.2007 AUTHORISED OFFICER
PH. 0181-5015607/5015615 FAX: 2274137 For further information contact: Name : K.S. SUCHDEVA
E-Mail : homis@psb.co.in
Phone Office : 25717794, Fax : 25728970. |
