State: Karnataka
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Notice of e-auction sale of immovable and chattels under the Security Interest (Enforcement) Rules, 2002 read
with the provisions of Rule 8(6) and 6(2) read with Rule 7(2).
It is hereby pointed out to the Borrowers/Guarantors/or Creditors in particular and the
public in general that the immovable and movable properties on which the underwritten/mortgage is charged to
the Secured Creditors described below have been physically acquired by State Bank of India/Secured Credit
its authorized officers ‘as is’ and ‘as is’. ‘ and “State of India W/o Sanjay Gandhi, (2) Shri Bhushan
Ndhi So Sanjay Gandhi, (3) Shrimat Kariri S.’ Baik W/o Shri Bhushan Gandhi and (4) Shri Sanjay
Gat Gandhi Slo Shri Jagraj Gandhi, the due amount due from whom is Rs.11,10,36,664/- (Rupees
eleven crore nineteen lakh three thousand six hundred and fifty four only) as on 16.11.2022
and osol on 27.12.2022 at 11.00 a.m. from 17.11.2022 to next come and recover incidental expenses etc.
Bank, to whom the borrowers are M.Singh Alite Mt.Sy., B., and the landlords (1) Smt. Prakashi Gandhi.
Sale is from 10:00 PM to 4:00 PM. The details of
reserve price, advance deposit and bid coefficient of properties for sale are as follows.
Reserve price (for less than this amount
Advance Deposit
| Bid Coefficient
Property is not sold)
and. 1,60,00,000/-
and 16,00000/-
and. 1,00,000/-
(Plant and Machinery and Inventory as mentioned below)
and 21,00,000/-
and 2,10,000/-
and 25,000/-
Details of fixed and movable assets
No. 1(2):
Tender No: SBIN400019119231
Name of Title Reen Holder :- Menag Allied Enter Raison Rai, Ltd.,
Bangalore – 560 076, Kanakapura Main Road, Agra Panchayat, Tataguni Post, Lakshmipur here no. 2881 Plant and
machinery and other fixed and movable assets in the building of the factory land Rs. King Allied Enterprises Sy.
Details of machinery and other sattu are as follows.
Details of machinery
Details of machinery
Power Press 30T
Hydraulic Press 10 T
Laser Marking Machine
Power Press and Buffing Machine
Automatic Holing Machine
Hydraulic Press 250 T
Auto Buffing Machine
Hydraulic Machine 5T-2 no’s
Tools measuring table
Air Ducting Set
Hydraulic Machine Pump Set
Trimming and Lathe Machine
Grinding Machine
Auto Polishing Machine
Property no. 1(b)
Tender No: SBIN400019118710
Name of Title Deed Holder : Me Pinag Allied Enterprises Sy. B.
Bangalore – 560 076, Kanakapura Main Road, Agra Panchayat, Tataguni Post, Laxmipur here no. Inventory of pressure
cookers, pans, accessories and other cooking equipments in factory building at 288/1, Me. Nag Allied Enterprises
Pi. Ltd., in his name.
The above mentioned plant and machinery
will be sold at Rs.1,60,00,000/-,
And inventory them together
The above
Pingalu crop
Tender No: SBIN/200004262114
Name of Title Deed Holder : Smt.Prakati Gandhi W/o Sanjay Gandhi
Bangalore, Bangalore Dakshina Taluk, Uttarahalli Hobli, Alahalli Village
House List No. 14/3,
Khata No.2, measuring 55 feet from east to west and 30 feet from north to south, measuring 1650 sq.
feet in total, having a ground floor, the property including the building is owned by Smt. : ROAD, NORTH:
Plot no. 14/2. South: Plot no. 14/4,
This sale is subject to the Securitization and Receipt of Lien of Financial Assets and Enforcement of Security Interest Act.
The Security Interest (Enforcement) Rules, 2002, 2002, to be followed by builders
interested in viewing the property, Authorized Officer, State Bank of India, Stressed Assets Management Branch, 2nd Floor,
Office Complex Building, SBI Local Head Office Premises, No, 65, St. Marks Road , Bangalore-560001 Phone No. :
080-25943470 to 3400 during office hours or the Bank’s approved Resolution Agent, Shri Devi
Resolutions Pvt. LTD., BANGALORE, REPRESENTATIVE SHRI CHAYAPATHY MOBILE NO. 9901902500 to contact,
There are no encumbrances on the above property as per the notice of the authorized officer. Details of the terms and
conditions related to the above auction are given in the links i.e. https://www.mstcecommerce.com/auctionhome/ibapi/index.jsp.
b Signature/-
Assistant General Secretary and Authorized
Officer State Bank of India
Location: Bangalore.
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Kannada Pra…
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