Bid Document Chandrakantha 3 STL

E Auction Notice – Bid Document
Chandrakantha 3 STL
The Authorized Officer (AO)
Of
IDBI BANK LIMITED
Basheerbagh Square, Mahaveer
House, Basheerbagh, Hyderabad
500029
TENDER DOCUMENT
For
Sale of Assets
All the piece and parcels of immovable property RS No. 216/1A & 217/4 admeasuring 3097.20 Sq Yds or Ac 0-64
Cents of Vacant Site situated at Dhavaleswaram Village of Dhavaleswaram Gram Panchayats , East Godavari District
in the state of Andhra Pradesh is bounded by : East - NH – 5 Road,South - Remaining land of R.Lavanya in this
number,West-Site of P.Srinu and North - Remaining land of R.Lavanya in this number .
Sale Under the provisions of
The Securitization and Reconstruction of Financial Assets and
Enforcement of Security Interest Act, 2002
and
The Security Interest (Enforcement) Rules, 2002
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CONTENTS
Sr.No
Particulars
Page
N 3-12
I
Possession Notice
II
Public Notice for auction published in the newspapers
III
Brief Description – Immovable Properties
16
IV
Outstanding dues of IDBI Bank
17
V
Terms & Conditions
18-26
VI
Form - Profile of the Bidder – Individual – Annexure II
27-28
29-30
VIII
Form - Appendix to the Bid/Offer (declaration by the Bidder)Annexure III
Form – confirmation by Bidder – Annexure IV
IX
Form – Price confirmation letter by bidder – Annexure V
VII
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13-15
31-32
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The above notice was published as below.
S.No.
1
2
Newspapers
THE HINDU (ENGLISH)
SAKCHI (TELUGU)
Edition
Date Published
AP + Telangana
22.10.2015
WG,EG,Greater
Hyderabad
22.10.2015
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The above notice was published as below.
S.No.
Newspapers
Edition
Date Published
1
BUSSINESS
STANDARD(ENGLISH)
AP + TELANGANA
01.02.2016
2
ANDHRA JYOTI (TELUGU) WG.EG,HYDERABAD
31.01.2016
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III
BRIEF DESCRIPTION OF THE ASSETS
(a) Details of Properties
Sr.No Property Description.
No.
A
All the piece and parcels of immovable property RS No. 216/1A & 217/4 admeasuring
3097.20 Sq Yds or Ac 0-64 Cents of Vacant Site situated at Dhavaleswaram Village of
Dhavaleswaram Gram Panchayats , East Godavari District in the state of Andhra Pradesh is
bounded by : East - NH – 5 Road,South - Remaining land of R.Lavanya in this
number,West-Site of P.Srinu and North - Remaining land of R.Lavanya in this number
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IV.
Outstanding dues of IDBI Bank (Sole lender) in the account
of Shri Janapamula Satyanarayana, Shri Addagarla Rama
Rao and Shri Vankayala Ganpathi
(Amt rounded off to nearest Rs. )
Particulars
Financial
Assistance
Principal
3,00,00,000/-
Interest & others
3,21,47,671/-
Total
6,21,47,671/-
6,21,47,671/-
TOTAL
Total dues as on 01.01.2016 + further interest and costs till date of payment.
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V.
The
Authorised
Officer
TERMS AND CONDITIONS
(AO)
exercising
the
powers
under
the
Securitisation
and
Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with Security
Interest (Enforcement) Rules, 2002 (hereinafter referred to as "the SARFAESI Act") is selling the
assets/properties mentioned at item No. III of the Tender Document (hereinafter referred to as the
'Secured Assets').
Issue of Tender/ Offer / Bid Document
The Tender Document along with required Forms is available from January 31, 2016 to March
03,2016 on any working day between 11.00 am to 5.00 pm from Monday to Saturday and can be
obtained from Shri P Purnachandra Rao, Authorised Officer, IDBI Bank Ltd., Basheerbagh Square,
Mahaveer House, Basheerbagh, Hyderabad – 500 029
OR
The Tender Document can also be downloaded from IDBI website (www.idbi.com) and
https://bankauctions.in or www.foreclosureindia.com the website of e-auction service provider
M/s 4Closure.
Reserve Price EMD
Property Details
All the piece and parcels of immovable property RS No. 216/1A & 217/4
admeasuring 3097.20 Sq Yds or Ac 0-64 Cents of Vacant Site situated at
Dhavaleswaram Village of Dhavaleswaram Gram Panchayats , East Godavari
District in the state of Andhra Pradesh is bounded by : East - NH – 5
Road,South - Remaining land of R.Lavanya in this number,West-Site of
P.Srinu and North - Remaining land of R.Lavanya in this number
92.92
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9.30
E Auction Notice – Bid Document
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i. The sale of Secured Assets is on “As is where is”, “As is what is & whatever
there is” and ‘without recourse” basis. The description of the immovable properties is based on the
mortgages created by the Borrower with the secured lenders from time to time and the representations
made by them.
ii.Authorised Officer (AO) does not take or assume any responsibility for anyshortfall 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/or yet to fall due
would be ascertained by the bidder(s) and would be borne by the successful bidder. It is expressly made clear that
AO / Bank do not take any responsibility to provide information on the same. AO / Bank does not take or assume
any responsibility for any dues, statutory or otherwise, of Shri Janapamula Satyanarayana And Other
including such dues that may affect transfer of the assets in the name of the purchaser and such dues, if any, will
have to be borne/paid by the purchaser.
iii Details of encumbrances known to the secured creditor are Nil. However the prospective bidders are
advised to satisfy themselves regarding encumbrances, if any, over the above properties.
Inspection of assets
The interested parties may inspect the assets at their own cost on 1 9 . 0 2 . 2 0 1 6 between
11.00 A.M. to 5.00 P.M. in the presence of a representative of the AO available at the site to
facilitate the inspection.
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 assets, relevant documents, information, etc.
whether the bidder actually inspects or visits or verifies or not.
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The bidders shall be deemed to have inspected and approved the Secured Assets to their
entire satisfaction and for the purpose, the Bidders may, in their own interest and at their own
cost, verify the area of the premises and details of movable assets and any other relevant
information before submitting the Bids. It shall be presumed that the bidder has satisfied
himself/herself about the names, descriptions, particulars, quantities, qualities, specifications,
measurements, boundaries and abuttals of the assets/properties and that the bidder concurs
or otherwise admits the identity of the assets/properties purchased by him/her notwithstanding
any discrepancy or variation, by comparison of the description in the particulars of the
assets/properties and their condition.
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 assets and matters incidental thereto or for any other
purpose in connection with purchase of the assets under reference.
Submission of Tender/Offer
The Bidder shall complete in all respects the Profile of the Bidder and “Declaration by
the Bidder annexed to the Tender 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 sign each page of all the documents. Offers received for sale and / or accepted
are not transferable.
The Format for submission of “Profile of the Bidder” & “Declaration by the Bidder” are given in
Chapter VI, VII & VIII of this Tender Documents. Bidders may fill in only the form
relevant/applicable to them.
The Bid Documents shall be signed by a person or persons duly authorized by the
Bidder with the signature duly attested.
The Bid Documents shall contain the full address, Telephone No., Fax No., e-mail-ID, if any, of the
Bidder for serving notices required to be given to the Bidder in connection with the Offer.
The Bid Documents 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.
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Last date for submission of Tender/Offer /Bid Document
The interested parties may submit Tender Document duly filled and signed on each page along
with EMD and other required documents to the “Authorised Officer, Basheerbagh Square,
Mahaveer House, Basheerbagh, Hyderabad – 500 029 not later than 17.00 Hrs on March 03,
2016 in a cover, which shall be super-scribed as “Tender Document and EMD: A/c Janapamula
Satyanarayana and Other.
The DD / PO should be drawn in favour of "IDBI Bank Limited payable at Hyderabad
issued by any Scheduled commercial Bank as Earnest Money Deposit (EMD).
Remittance of EMD by way of RTGS
Bidders who prefer to submit the EMD by way RTGS, may remit the respective EMD amount in
favour of IDBI Bank Limited, Account No. 00237000010052, IFSC Code: IBKL0000002, Branch :
Basheerbagh, Hyderabad.
Such bidders
must
indicate
RTGS
UTR
No.,
Amount
remitted and date in the appropriate space in the Profile of the Bidder.
Only those bidders will be permitted to participate in the auction who’s Tender/ Offer
Document is complete in every respect and who’s 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
above, well before the cut-off time. 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 Tender
/Offer/ Bid, if found incomplete in any respect, shall be liable for outright rejection. Bidders,
whose forms are found to be in order together with the EMD, submitted by them, will be
intimated by e-mail and through mobile.
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Registration with E-Auction Service Provider
1. Participants, who are not already registered with the e-auction provider,
bankauctions.in, should register themselves by following the procedure mentioned
at the website: www.foreclosureindia.com. The participants /intending purchasers are
necessarily required to submit following documents / papers for registration to M/s
4Closure.
a. SOI Form duly signed & filled up. Please download from https://bankauctions.in
b. Self attested copy of Pan Card.
c. Self Attested valid residential proof (Voter Id card, Passport copy, Ration card,
telephone bill, electric bill - any one)
d. Valid e-mail id and Mobile Number.
The user id and password will be then sent directly to the registered participants / intending
purchasers whose Tender Document is complete in all 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 whose
documents are complete in all the respects, 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 feels the need for training / e –
auction support, such bidders may contact M/s. 4 CLOSURE, Plot No. 20, Amrutha
Apartments, Mothinagar, Hyderabad – 500 018, by contacting Shri U. Subba Rao on 04023836405;
8142
0000
61/
66,
through
e-mail
ID:
info@bankauctions.in.
or
subbarao@bankauctions.in.
Bidding in the last minutes/seconds should be avoided by the bidders in their own interest.
Neither IDBI Bank nor the Service provider will be responsible for any lapses (Internet
failure, Power failure, etc) on the part of the vendor, in such cases. In order to ward of such
contingent situation, bidders are requested to make all the necessary/alternative
arrangements such as backup power supply and whatever else required so that they are
able to circumvent such situation and are able to participate in the auction successfully.
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The e-Auction day : 05.03.2016 (SATURDAY) from 11.00 A.M. to 12.00 Noon
The initial 10 minutes of each auction will be kept open for all the intending bidders to
bid. The auction would be held with unlimited extensions of 5 minutes each, if required,
on e-auction platform at website: www.foreclosureindia.com. In case no further valid
bids are received during the extended period, the last highest bid received would be
treated as the 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, during the e-auction period shall
be made as under.
In multiples of Rs.50,000/- (Rupees of Fifty thousand only)
Increase in bid amount below the above amount will not be accepted.
First bid should be of at least equal to or above the Reserve Price or increment(s) in
multiples as mentioned above.
Authorised Officer (AO) reserves the right to retain the EMD of top three bids upto three
months from the date of auction and the amount of EMD will not carry any interest. The
Bids so retained will be valid for three months from the date of 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 auction.
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Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of his/her
bid/offer by the AO and will be required to deposit 25% of the sale price (less the
amount of EMD) immediately on receipt of the valid communication intimating acceptance
of his/her bid by way of crossed A/c Payee Demand Draft/Pay Order drawn in favour of
"IDBI Bank Limited payable at Hyderabad issued by any Scheduled Commercial Bank or by
way of RTGS in favour of IDBI Bank Limited, Account No. 00237000010052, IFSC Code:
IBKL0000002, Branch : Basheerbagh, Hyderabad – 500 029.
The balance amount of the sale price shall have to be paid within 15 days from the date of
valid communication intimating acceptance of his/her bid by way of crossed A/c
Payee Demand Draft/Pay Order drawn in favour of IDBI Bank Limited Payable at
Hyderabad issued by any Scheduled Commercial Bank or by way of RTGS in favour of
IDBI Bank Limited, Account No. 00237000010052, IFSC Code: IBKL0000002, Branch:
Basheerbagh, Hyderabad or such extended period, not more than 60 days from the date of
auction, as may be agreed upon in writing between the successful bidder and the AO.
In case the successful bidder fails to deposit 25% of the sale price within the above
stipulated time, 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.
All claims of the defaulting successful bidder to the assets or to any part of the sum for which it
may be subsequently sold shall stand forfeited.
In the event of the successful bidder failing to pay the consideration amount within the time
schedule stipulated, the AO reserves the right to re - sell the assets to the second/third highest
bidder in the above manner, who shall also be treated as the successful bidder mentioned in
clauses 9 to 14 above and further in terms of this Bid Document.
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 movable and immovable
properties in favour of the purchaser as per the format provided in the Security Interest
(Enforcement) Rules, 2002.
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The successful Bidder shall, after making full payment of sale price within 15 days of
acceptance of bid/offer or such extended period, not more than 60 days from the date
of auction, as may be granted by the AO at his sole and absolute discretion, arrange to
take possession of the Secured Assets 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 Assets. In case the
successful bidder fails to take possession of the secured assets as stated above, the AO
reserves the right to revoke the sale confirmed in his/her favour, forfeit the entire
amount paid by the successful bidder and go for re-bidding or sell the secured assets
by any of the modes as prescribed in the SARFAESI Act including sale by negotiation
with any of the bidders and/or other parties by private treaty. In such an event, the
original successful bidder shall have no claims on the secured assets or to any amount
/s for which it may be subsequently sold.
The purchaser will be required to bear all the necessary expenses like stamp duty,
registration expenses, sale tax etc. for transfer of assets in his/her name. It is expressly
stipulated that there are no implied obligations on the part of the AO or the secured
lenders 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 assets transferred in his
/her/their name. Bank does not take any responsibility to provide information on the
same.
The submission of the Bid/Offer means and implies that the Bidder/Offerer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the Bid/Offer laid down herein.
The time hereinabove fixed for the observance and performance by the bidder of any
of the obligations to be observed by him/her under these conditions is and shall be
deemed to be of the essence.
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.
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.
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The AO reserves the right and liberty to accept/reject any (including the highest bid)
or all the Bids/Offers 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 sole and absolute discretion, reserves the right to go for re-bidding or sells
the assets by any of the modes as prescribed in the SARFAESI Act including sale by
negotiation with any of the bidders and/or other parties by private treaty and the
Bidders shall have no right to object to the same.
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 payment of his costs, charges and expenses of and
incidental to the said sale and investigation of title or any other costs incurred by
him/her.
Notwithstanding anything stated elsewhere in this Tender Document, the AO reserves the
right to call off the sale process at any point of time without assigning any reasons.
Particular specified in schedule above has been stated to the best of the information of
the Authorized officer/Bank. Authorized Officer and/or Bank will not be answerable for
any error, mis-statement or omission in this Public Notice.
Jurisdiction:
All disputes arising amongst the parties shall be adjudicated according to Indian Law and
the Courts in Hyderabad/Telangana State shall have the exclusive jurisdiction to entertain
adjudicate such disputes.
*
*
*
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ANNEXURE-II
DETAILS OF BIDDER
(Read carefully the terms and conditions of sale before filling-up and submitting the
bid)
Name of the Bidder(s)
1
(in CAPITALS)
2
Complete Postal Address with PIN
Code, Telephone Nos., Fax Nos.,
Mobile Nos. E-mail Id, etc.,
And Alternative Numbers and contact
persons, if any
3
Description of Bidding Property
4
Occupation
5
Relationship, if any ,the bidder /
Offerer has with any employee of IDBI
Bank Ltd.
6
Amount Quoted
In Figures
In Words
7
8
Details of Earnest
In Figures
Money Deposit
In Words
DD/Pay
Details
Order Name of Issuing
Bank & Branch
9
PAN of the Bidder
10
User Id
DD/Pay
No.
Order
DD/Pay
Date
Order
I/We have read, perused and understood all relevant papers and the detailed terms and
conditions of the sale contained in Bid Document / auction notice published in the daily
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newspapers Bussiness Standard (English Edition) on 01.02.2016 , Andhra Jyoti
(Telugu Edition) on 31.01.2016
which are also available on the website
https://www.BankAuctions.IN. I/ We have also carried out my/our own due diligence.
The terms and conditions of the E-Auction Sale are acceptable to me/us. I/we hereby
declare that I/we have made discreet enquiries regarding the property under E-Auction
and submitting the application with my/our full consent. I/We also undertake to improve
my/our bid by atleast one bid incremental value notified in the E-Auction Sale notice if I/We
am/are the sole successful-bidder.
......................................................
.....
(Name & Signature of the Bidder)
*Mandatory:
Bidders are advised to preserve the EMD Demand Draft
Note: This document is required to be duly filled in and signed by the bidder and thereafter uploaded in the
website https://www.BankAuctions.IN during the time of submission of the bid.
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ANNEXURE III
DECLARATION BY BIDDER (S)
Date: ____________
To:
The Authroised Officer,
IDBI Bank Limited,
Basheerbagh Branch
Mahavir House
Basheerbagh
Hyderabad.
Dear Sir,
1. I/We, the bidder/s do hereby state that, I/We have read the entire terms and conditions
of the Sale notice published in the daily newspapers (___________________ &
_______________ ) on __________________, which is also available in the website
https://BankAuctions.IN and have understood them fully. I/We, hereby unconditionally
agree to abide with and to be bound by the said terms and conditions and agree to take
part in the Online Auction.
2. I/We declare that the EMD and other deposit towards purchase-price were made by
me/us as against my/our offer and that the particulars of Demand Draft / Pay Order
given by me/us in the bid form are true and correct.
3. I/We further declare that the information revealed by me/us in the bid document is true
and correct to the best of my/our belief. I/We understand and agree t h a t i f a n y o f t h e
statement/information revealed by me/us is found to be incorrect and/or untrue, the
offer/bid submitted by me/us is liable to be cancelled and in such case, the EMD paid by
me/us is liable to be forfeited by the Authorised Officer and that the Authorised Officer
will be at liberty to annul the offer made to me/us at any point of time.
4. I/We understand that in the event of me/us being declared as successful bidder
by the Authroised Officer in his sole discretion, I/We are unconditionally bound to
comply with the Terms and Conditions of Sale. I/We also agree that if my/our bid for
purchase of the asset/s is accepted by the Authorised Officer and thereafter if I/We fail
to comply or act upon the terms and conditions of the sale or am/are not able to
complete the transaction within the time limit specified for any reason whatsoever and/or
fail to fulfill any/all of the terms and conditions, the EMD and any other monies paid by
me/us along with the bid and thereafter, is/are liable to be forfeited by the Authroised
Officer.
5. I/We also agree that in the eventuality of forfeiture of the amount by Authroised
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Officer, the defaulting bidder shall neither have claim on the property nor on any part of
the sum for which it may be subsequently sold.
6. I/We also understand that the EMD of all offerer/bidders shall be retained by the
Bank and returned only after the successful conclusion of the sale of the Assets. I/we
state that I/We have fully understood the terms and conditions of auction and agree to be
bound by the same.
7. The decision taken by Authorised Officer in all respects shall be binding on me/us.
8. I also undertake to abide by the additional conditions if announced during the auction
including the announcement of correcting and/or additions or deletions of times being
offered for sale.
Signature(s)…………………………………………..……
Name(s):……………………………………….
Address:………………………………………………………………….……………….……………
……….
E-mail id……………………………………. USER ID:
……………………………………………………..
Note: This document is required to be duly filled in and signed by the bidder and sent
along with the signed copies of the ID & address proof and DD of EMD amount to
IDBI Bank Ltd, Basheerbagh Branch, Mahavir House, Basheerbagh, Hyderabad 500
029 to reach us on or before last date of submission of bid, failing which your bid will
be disqualified and thereafter uploaded in the website https://BankAuctions.IN
during the time of submission of the bid.
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Annexure – IV
Confirmation by Bidder having read and understood the terms and conditions of eauction and receiving of Training
To,
The Authroised fficer,
IDBI Bank Limited,
Basheerbagh
Hyderabad.
Sub: Confirmation regarding on having read and understood the terms and
conditions of e-auction and receiving e- Auction Training.
Dear Sir,
This has reference to the Terms & Conditions for the e-Auction mentioned
in the Tender document and available on the website https://bankauctions.in
I/We confirm that:
a) I/We have read and understood the Terms and Condition governing the eAuction as mentioned in Tender
Document available on
the
website
https://bankauctions.in and also e-Auction notice published by IDBI in daily
newspapers and unconditionally agree to them.
b) I/We also confirm that we have taken training on the on-line bidding/auction and
confirm that we are fully conversant with the functionality and process.
c) I/We confirm that bank and M/s 4 CLOSURE, HYDERABAD., shall not be liable
& responsible in any manner whatsoever for my/our failure to access & bid on the
e-Auction platform due to loss of internet connectivity, electricity failure, virus attack,
problems with the PC, any other unforeseen circumstances etc. before or during the
auction event.
d) I / We, hereby confirm that we will honour the Bids placed by us during the eAuction process.
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E Auction Notice – Bid Document
Chandrakantha 3 STL
With regards
Signature of the Bidder:
Name of
Bidder:
USER ID:
Date:
Address of Bidder:
Copy to: M/s 4 CLOSURE, Plot No. 20, Amrutha Apartments, Mothinagar,
Hyderabad – 500 018, by contacting on Helpline No. 040 23836405, +918142 0000 61 / 66 and e-mail ID: https://bankauctions.in
Note: This document is required to be duly filled in and signed by the bidder
and thereafter sent the scanned copy of that to the Authorised Officer,
IDBI mentioned in the Sale Notice just after availing training on eAuction with a copy to https://bankauctions.in
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E Auction Notice – Bid Document
Chandrakantha 3 STL
ANNEXURE V
Price Confirmation Letter by Bidder(s)
To,
The Authroised Officer,
IDBI Bank Limited,
Basheerbagh Branch
Mahavir House
Basheerbagh
Hyderabad 500 029.
Sub: Final bid quoted during e- Auction - Sale of Mortgaged Property by IDBI Bank Ltd.
Dear Sir,
We confirm that we have quoted the highest bid of Rs.
(Rupees
Only)
for the purchase of the property (enter property details as mentioned in sale notice)
During e-Auction of the said property held by M/s 4 CLOSURE, Hyderabad on 05.03.2016
Yours sincerely,
Signature
Name of the Bidder (s):
User ID:
Date:
Note: This document is required to be duly filled in and signed by the bidder
and thereafter e-mail scanned letter to the Authorised Officer, IDBI Bank
Limited (at the following mail ids: (pr.pedaprolu@idbi.co.in)
&
copy
to
info@BankAuctions.IN, immediately on completion of the bidding and send the
signed copy to IDBI Bank Ltd., Basheerbagh Branch, Mahavir House, Basheerbagh,
Hyderabad 500 029.
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