Debts Recovery Tribunal - I

Chennai


DRC No.331/2000

    

            The under mentioned property will be sold by public auction on 3.8.2006                    for recovery of a sum of Rs.33,88,695.59p (Rupees Thirty three lakhs eighty eight thousand six hundred and ninety five and paise fifty nine only only) (less amount already recovered) plus further interest and costs due from  M/s S.B.G.Dresses & 2 others. The auction will be held at Debts Recovery Tribunal-I, Chennai-2 at 3.00 P.M.. The property will not be sold below the upset price mentioned.

 

DESCRIPTION OF PROPERTY

              All that piece and parcel of nanja land situate at No.74, Kunrathur Vilage, Sriperumpudur Taluk, Chengai MGR District, comprised in S.No.1202/1 measuring an extent of 1 acre and 13 cents, bounded on the North by Matha Engineering College, East by agricultural land, South by D.Thangavel Mudaliar’s Land and West by Agricultural land and land belonging to Matha Engineering College, within the Sub-Registration District of  Kunrathur.

Upset Price: Rs. 11,00,000 /-(Rupees Eleven 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. 331/2000”  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  2.8.2006

For further details regarding other conditions of sale, the undersigned or The Chief Manager, Indian Bank, Nandanam Branch, Chennai – 35 may be contacted personally or over Ph. Nos 044-2433 0233/ 2433 0331

(R.PANDIYAN)

RECOVERY OFFICER