Debts Recovery Tribunal - I

Chennai


DRC No.137/2001    

 

       The under mentioned property will be sold by public auction on  28.7.2006                     on “AS IS WHERE IS” condition for recovery of a sum of Rs. 18,46,954/-(Rupees Eighteen lakhs forty five thousand nine hundred and fifty four only) plus further interest and costs due from  M/s Blist Ploymer and 4 others. The auction will be held at 3.00 P.M. at Punjab National Bank, No.28 Gandhi Road, Kancheepuram – 631 501. The property will not be sold below the upset price mentioned.

 

DESCRIPTION OF PROPERTY

 

All that piece and parcel of land situated at Nelvoi, Chengleput District comprised in S.No. 171/3(60 cents), S.No.188/1 (76 cents), S.No.265 (1 acres 2 cents), S.No.151/1B (32 cents), S.No.211/2(55 cents) , S.No.190/1 (75 cents) , S.No. 263 (58 cents), S.No.264(52 cents), S.No.122/1 (1 acre 10 cents) , S.No.287 (85 cents), S.No.252 (64 cents) and S.No.266/2 (78 cents) in all 8.47 acres situate within the Sub-Registration District of Kancheepuram.

 

Upset price: Rs.4, 00,000/-(Rupees Four lakhs  only)

 

The intending bidders should pay 10% of the upset price of the property as EMD by means of a D.D. drawn in favour of the “Recovery Officer, DRT-I, Chennai for DRC No. 137/2001”, payable at Chennai before 12.00 noon on the date of auction.  They can inspect the property between 11.00 A.M. and 3.00 P.M. on 27.7.2006

 

            For further details regarding other conditions of sale, the undersigned or the Chief Manager, Punjab National Bank, ARMB, Sakthi Towers- Second Floor, 766, Anna Salai, Chennai–2 or the Manager, Punjab National Bank, Gandhi Road, Kancheepuram                   – 631 501 may be contacted personally or over Ph. No.044-28522575(Chennai)/ 27222107(Kancheepuram)

 

 

 

 

     (R. PANDIYAN)

RECOVERY OFFICER