The Authorized Officer (AO) of IDBI BANK LIMITED NMG IDBI Complex, Opp. Muni. Staff Quarters, Near Lal Bunglow, Off C.G.Road Ahmedabad-380006 TENDER DOCUMENT/OFFER/BID DOCUMENT For Sale of Assets of Secured Assets of Champion Agro Limited (Rajkot) & Mortgagors/ Guarantors Sale Under the provisions of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and The Security Interest (Enforcement) Rules, 2002
25
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TENDER DOCUMENT/OFFER/BID DOCUMENT For › notices-Adv › pdf › AUCTION... · issued on 17.02.2016 for dues of Rs. 71,00,24,219.74 All those pieces and parcels of immovable as
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Transcript
The Authorized Officer (AO)
of
IDBI BANK LIMITED
NMG
IDBI Complex Opp Muni Staff Quarters Near Lal Bunglow Off
CGRoad Ahmedabad-380006
TENDER DOCUMENTOFFERBID DOCUMENT
For
Sale of Assets of Secured Assets of
Champion Agro Limited (Rajkot)
amp
Mortgagors Guarantors
Sale Under the provisions of
The Securitisation and Reconstruction of Financial Assets and
Enforcement of Security Interest Act 2002
and
The Security Interest (Enforcement) Rules 2002
CONTENTS
SrNo Particulars Page
No
I Public Possession Notice published in the newspapers 3-4
II Public Notice for e-auction published in the newspapers
5-7
III Brief Description ndash Immovables
8
IV Outstanding dues of IDBI Bank
9
V Terms amp Conditions
10-26
VI Brief details of BidOffer document
17-18
VII Form of Profile of the Bidder - Individual
19-20
VIII Form of Profile of the Bidder ndash Company Firm Party
21-22
IX Form of Appendix to the BidOffer (declaration by the Bidder)
23-25
IDBI Bank Ltd Recovery Department IDBI
Complex Opp Muni Staff Quarters Near Lal
Bunglow Off C G Road Ahmedabad ndash 380006
3800380006Phone079-66072756
The above possession notices of Champion Agro Limited was published in the following newspapers on July 18 2016
1Sandesh (Gujarati) ndash Rajkot Edition
2 DNA (English)- Gujarat Edition
PUBLIC NOTICE FOR SALE through e-Auction of properties situated in
Districts of Rajkot Gujarat
Pursuant to taking possession of the assets under the provisions of the
Securitization and Reconstruction of Financial Assets and Enforcement of
Security Interest Act 2002 read with the Security Interest (Enforcement) Rules
2002 the undersigned being the Authorized Officer (AO) of IDBI Bank Ltd invites
offers for the sale of immoveable properties as under
Name of Borrower
GuarantorsMortgagors
Demand Notice Details Date
of Possession amp Date of NPA
Description of Property
Reserve
Price (Rs
lakh)
EMD
( Rs
lakh)
Borrower Ms Champion
Agro Limited (1)Shri Dhirajlal Ghusabhai
Hirpara Mortgagor
Guarantor (ii) Shri
Bhupendrabhai Harjibhai
Khunt Mortgagor Guarantor
Date of NPA 29092014
Demand Notice us 13(2)
issued on 17022016 for dues
of Rs 71002421974 as on
01022016
Date of Possession 14072016
LOT 1
All those part and parcel of the
immovable property consisting of open
land of Plot No 1 23 49 50 and 72
collectively admeasuring 2435-86 Sq Mt
of ldquoAum Residencyrdquo Survey No 315
Paiki of Village Kothariya of Rajkot
Taluka of Rajkot District Gujarat
together with all buildings and structures
thereon
9720 10
LOT 2
All those pieces and parcels of immovable
property consist of open Non-agriculture
land consisting of Plot No 1 to 16
collectively admeasuring about 10828-08
Sq Mtrs along with internal road area
admeasuring about 3499-85 Sq Mt
aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of
Survey No 122 of Village Bhunava of
Gondal Taluka of Rajkot District Gujarat
27265 28
IDBI Bank Ltd NPA Management Group
IDBI Complex Opp Muni Staff Quarters Near Lal Bunglow Off
Sale of Bid Tender document December 26 2018 to January 07 2019
Date of Inspection January 02 2019 from 1100 AM to 400 PM
Last Date of submission of Bid
along with EMD
January 07 2019 up to 400 PM
Date of e ndashauction Time of e- Auction January 09 2019 at 1100 AM to 100 PM
1 Particulars specified in the schedule above have been stated to the best of the
information Authorized officer Bank Authorized officer and or Bank will not be
answerable for any error miss-statement or omission in this public notice
2 For detailed procedure terms and conditions of the auction process intending bidders
may arrange to obtain BidTender Document from Assistant General Manager
IDBI Bank Ltd NPA Management Group IDBI Complex Opp Muni Staff
Quarters Near Lal Bungalow Off CG Road Ahmedabad-380006 on any working
day between 1100 am to 400 pm on payment of non refundable fees of Rs100-
(Rupees one hundred Only) by a crossed Ac Payee Demand Draft Pay order drown
in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabad payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank
3 The Bidtender document can also be downloaded from IDBI website wwwidbicom
Those bidders preferring to download the Bid Tender Document shall have to furnish
the non refundable fees of Rs 100- as at 2 above at the time of submission of the
acceptance document with EMD
4 Interested parties can participate in the e-auction for one or multiple LOTS as they
desire Separate Bid Documents along with EMD to be submitted for each LOT
mentioning the LOT Number
5 Interested parties may contact undersigned or Shri Anand Saluja (T) 079-66072666
and Shri Maganlal Kamwal (T) 079-66072653 For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91-8866682937 Help Line e-mail
ID gujaratc1indiacom and supportbankeauctionscom
6 This publication is also ldquoFifteen daysrdquo notice required under Rule 9(1) of Security
Interest (Enforcement) Rules 2002 to borrowerguarantor to pay outstanding dues
7 The property is proposed to being sold is on ldquoAs is where is whatever there is and
without any recourse basisrdquo All statutory liabilities taxes 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 bidderpurchaser of
the property Bank does not take any responsibility to provide information on the
same
8 The sale will attract provisions of TDS as applicable under Section 194(1A) Income
Tax Act on culmination of sale depending on sale price
9 The successful bidder will be required to deposit 25 of Sale Price(less the amount of
EMD) at the time of confirmation of sale The Balance amount of the sale price is to
be paid within 15 days from the date of issue of letter of acceptance by IDBI or such
extended period as may be agreed in writing by AO
10 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the
amount due to the Bank in full before date of sale no sale will be conducted
11 The AO may permit inter se bidding among the qualified bidders The AO reserves
the right to accept or reject allany bids without assigning any reason In case all the
bids are rejected the AO reserves the right to sell the assets by any of the modes as
prescribed in the SARFAESI Act
12 For detailed information and terms and conditions of E- Auction please refer to
BidTender Document available
13 Earnest Money Deposit (EMD) will not carry any interest The AO may retain
EMD of top three bidders upto 3 months from the date of opening of the bids
14 The Auction shall be subject to detailed terms and conditions as available in the
Bid Documents
Date 21122018
Place Ahmedabad
Authorised Officer
IDBI Bank Ltd
The above notice was published in the following newspapers on December 21 2018
i) Business Standard - English- edition
ii) Sandesh - Gujarat edition
III BRIEF DESCRIPTION OF THE ASSETS OF
CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No
1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo
Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat
together with all buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture
land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs
along with internal road area admeasuring about 3499-85 Sq Mt aggregating the entire
NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava
of Gondal Taluka of Rajkot District Gujarat
9
IV OUTSTANDING DUES OF IDBI BANK - IN THE ACCOUNT OF MS
CHAMPION AGRO LIMITED AS ON February 01 2016
Nature of
Facility
Amount
Outstanding
(in Rs)
Overdue (in Rs)
Principal Interest Total
CC Limit 71002421974 550000000- 16002421974 71002421974
Total 71002421974 550000000- 16002421974 71002421974
Champion Agro Limited to repay Rs 71002421974 (Rs Seventy One crore Twenty
four thousand two hundred nineteen and seventy four paise only) towards the
outstanding dues in respect of the Lonas as on February 01 2016 together with further
interest and expenses thereon with effect from februrary 01 2016
10
V TERMS AND CONDITIONS
1 The Authorised Officer (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 assetsproperties mentioned at item No III (A to B) of
the Tender Document (hereinafter referred to as the Secured Assets) and the same are
being sold on ldquoAs is where is whatever there is and without any recourserdquo basis
2 Auction bidding shall only be through ldquoonline electronic moderdquo through the website of
the service provider httpsbankeauctionscom Ms C1 India Pvt Ltd Ahmedabad is
the Service Provider to arrange e - auction platform For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-mail
ID gujaratc1indiacom amp supportbankeauctionscom
3 Issue of Tender Offer Bid Document
The Tender Document along with offer Form is on sale from December 26 2018 to
January 07 2019 on any working day between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow
Ahmedabad- 380 006 on payment of non refundable fees of Rs100- (Rupees One hundred
Only) by a crossed Ac Payee Demand Draft Pay order drawn in favour of ldquoIDBI Bank Ltd-
Ac NMG Ahmedabadrdquo payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank
The bid document can also be downloaded from IDBI website wwwidbicom Those bidders
preferring to download the Bid Document shall have to furnish the non refundable fee of
Rs100- as mentioned above at the time of submission of the bid along with EMD Interested
parties can participate in the e-auction for one or multiple property as they desire
4
Reserve Price
The Reserve price for the sale of the Secured Assets is as under
Properties at LOT No 1 Rs 9720 lakh (Rupees Ninety Seven Lakh and twenty
thousand only)
Properties at LOT No 2 Rs 27265 lakh (Rupees Two hundred seventy two
lakh and sixty five thousand)
Earnest Money Deposit (EMD)
The EMD has been fixed at
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
5 The amount of EMD paid by the interested bidders shall carry no interest
6 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo
and lsquowithout recourserdquo basis The description of the immovable properties is based on
the mortgages created by the BorrowersMortgagors with the secured lenders from time
11
to time and the representations made by them The AO does not take or assume any
responsibility for any shortfall of the immovable assets or for procuring any permission
etc or for the dues of any authority established by law The purchaser shall bear the
applicable stamp dutiesadditional stamp dutytransfer charges fee etc and all statutory
liabilities charges for conveyanceTaxesmaintenance fee electricitywater 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 It is expressly made clear that the AO Bank
do not take any responsibility to provide information on the same The AO Bank does
not take or assume any responsibility for any dues statutory or otherwise of
1 Champion Agro Limited and its mortgagors and Guarantors
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 bornepaid by the purchaser
7 Inspection of assets
The interested parties may inspect the assets at their own cost on January 02 2019 from
11 am to 400 pm for LOT NO 1 to 2 in the presence of a representative of the AO
available at the site to facilitate the inspection
8 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
9 To the best of knowledge and information of Bank Authorized Officer no other
encumbrances exists on the stated properties However prospective bidders may peruse
the copies of title deeds available with Bank with prior appointment and also carry out
their own enquiries to satisfy themselves regarding encumbrances if any over the above
properties
10 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 himselfherself about the names descriptions particulars quantities qualities
specifications measurements boundaries and abuttals of the assetsproperties and that
the bidder concurs or otherwise admits the identity of the assetsproperties purchased by
himher notwithstanding any discrepancy or variation by comparison of the description
in the particulars of the assetsproperties and their condition
12
11 The Bidder shall not be entitled to receive re-imbursement of any expenses which may
have been incurred in preparation of the BidOffer for submission andor 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
12 Submission of TenderOffer
The Bidder shall complete in all respects the Offer form(s) 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
initial each page of the Offer Offers received for sale and or accepted are not
transferable
The Format for submission of Profile of the bidder are given in Chapter VI amp VII
respectively of this Tender Documents
The format Chapter VII is for Individuals and
The format Chapter VIII is Company Proprietorship Partnership firms
Bidders may fill in only the form relevant to them
13 The interested bidders shall submit their Bid along with EMD amp KYC documents (PAN
card amp Address proof) to the Authorised Officer at IDBI Bank Ltd After scrutinizing if
the bid documents are complete in all respect the eligible bidders shall receive user id
password on their valid email id (mandatory for e-auction) from the e-auction service
provider Ms C1 India Pvt Ltd Ahmedabad
14 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder
with the signature duly attested
15 The TenderOffer 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
16 The TenderOffer form 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
17 Last date for submission of TenderOffer Bid Document
The interested parties may submit Tender Offer Bid Document duly filled and signed
along with the required documents to the AO Shri Tarun Kumar Prasad Deputy General
Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow Ahmedabad- 380 006 not
later than 400 pm on January 07 2019 in a sealed cover containing a crossed Ac
Payee Demand DraftPay Order of
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
13
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
The DD PO should be drawn in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabadrdquo
payable at Ahmedabad issued by Nationalized Bank Scheduled Bank as Earnest Money
Deposit (EMD) which shall be superscribed ldquoEMD for Properties at LOT No ____rdquo
and the other sealed cover containing the Bid Document superscribed ldquoBid Document ndash
for Properties at LOT No ____rdquo Interested parties can participate in the e-auction for
one or multiple LOTS as they desire
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
Separate Bid Documents along with EMD to be submitted for each LOT
18 Only those bidders will be permitted to participate in the e -auction whose Tender Offer
Bid Document is complete in every respect and whose Demand DraftPay Order for
EMD is found to be in order well before the cut-off time Bank does not take any
responsibility and will not entertain any complaint - 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 Cost of Tender Document submitted by
them will be intimated by e-mail
19 Registration with E-Auction Service Provider
Participants who are not already registered with the e-auction provider Ms C1 India Pvt
Ltd Ahmedabad should register themselves by following the procedure mentioned at the
websitehttpswwwbankeauctionscom
The user id and password will be then sent directly to the registered participants
intending purchasers whose Bid Document is complete in every respect and whose
Demand DraftPay Order for EMD is found to be in order The documents with further
directions will be given by the e- auction provider company if any for log in and
participating in the auction through online process After receiving the userid
password in case any bidders feel the need for training e ndash auction support such
bidders may contact MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-
124-430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-
mail ID supportbankeauctionscom and gujaratc1indiacom
The bidders may be participating in e ndash auction for bidding from their place of choice and
internet connectivity shall have to be ensured by bidder himself The Bank AO e-auction
service provider will not be responsible for any error occurred due to power failure
computer hardware or software error network error etc at the time of e-auction
20 The e- auction day January 09 2019
Property Description E ndashAuction time
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
CONTENTS
SrNo Particulars Page
No
I Public Possession Notice published in the newspapers 3-4
II Public Notice for e-auction published in the newspapers
5-7
III Brief Description ndash Immovables
8
IV Outstanding dues of IDBI Bank
9
V Terms amp Conditions
10-26
VI Brief details of BidOffer document
17-18
VII Form of Profile of the Bidder - Individual
19-20
VIII Form of Profile of the Bidder ndash Company Firm Party
21-22
IX Form of Appendix to the BidOffer (declaration by the Bidder)
23-25
IDBI Bank Ltd Recovery Department IDBI
Complex Opp Muni Staff Quarters Near Lal
Bunglow Off C G Road Ahmedabad ndash 380006
3800380006Phone079-66072756
The above possession notices of Champion Agro Limited was published in the following newspapers on July 18 2016
1Sandesh (Gujarati) ndash Rajkot Edition
2 DNA (English)- Gujarat Edition
PUBLIC NOTICE FOR SALE through e-Auction of properties situated in
Districts of Rajkot Gujarat
Pursuant to taking possession of the assets under the provisions of the
Securitization and Reconstruction of Financial Assets and Enforcement of
Security Interest Act 2002 read with the Security Interest (Enforcement) Rules
2002 the undersigned being the Authorized Officer (AO) of IDBI Bank Ltd invites
offers for the sale of immoveable properties as under
Name of Borrower
GuarantorsMortgagors
Demand Notice Details Date
of Possession amp Date of NPA
Description of Property
Reserve
Price (Rs
lakh)
EMD
( Rs
lakh)
Borrower Ms Champion
Agro Limited (1)Shri Dhirajlal Ghusabhai
Hirpara Mortgagor
Guarantor (ii) Shri
Bhupendrabhai Harjibhai
Khunt Mortgagor Guarantor
Date of NPA 29092014
Demand Notice us 13(2)
issued on 17022016 for dues
of Rs 71002421974 as on
01022016
Date of Possession 14072016
LOT 1
All those part and parcel of the
immovable property consisting of open
land of Plot No 1 23 49 50 and 72
collectively admeasuring 2435-86 Sq Mt
of ldquoAum Residencyrdquo Survey No 315
Paiki of Village Kothariya of Rajkot
Taluka of Rajkot District Gujarat
together with all buildings and structures
thereon
9720 10
LOT 2
All those pieces and parcels of immovable
property consist of open Non-agriculture
land consisting of Plot No 1 to 16
collectively admeasuring about 10828-08
Sq Mtrs along with internal road area
admeasuring about 3499-85 Sq Mt
aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of
Survey No 122 of Village Bhunava of
Gondal Taluka of Rajkot District Gujarat
27265 28
IDBI Bank Ltd NPA Management Group
IDBI Complex Opp Muni Staff Quarters Near Lal Bunglow Off
Sale of Bid Tender document December 26 2018 to January 07 2019
Date of Inspection January 02 2019 from 1100 AM to 400 PM
Last Date of submission of Bid
along with EMD
January 07 2019 up to 400 PM
Date of e ndashauction Time of e- Auction January 09 2019 at 1100 AM to 100 PM
1 Particulars specified in the schedule above have been stated to the best of the
information Authorized officer Bank Authorized officer and or Bank will not be
answerable for any error miss-statement or omission in this public notice
2 For detailed procedure terms and conditions of the auction process intending bidders
may arrange to obtain BidTender Document from Assistant General Manager
IDBI Bank Ltd NPA Management Group IDBI Complex Opp Muni Staff
Quarters Near Lal Bungalow Off CG Road Ahmedabad-380006 on any working
day between 1100 am to 400 pm on payment of non refundable fees of Rs100-
(Rupees one hundred Only) by a crossed Ac Payee Demand Draft Pay order drown
in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabad payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank
3 The Bidtender document can also be downloaded from IDBI website wwwidbicom
Those bidders preferring to download the Bid Tender Document shall have to furnish
the non refundable fees of Rs 100- as at 2 above at the time of submission of the
acceptance document with EMD
4 Interested parties can participate in the e-auction for one or multiple LOTS as they
desire Separate Bid Documents along with EMD to be submitted for each LOT
mentioning the LOT Number
5 Interested parties may contact undersigned or Shri Anand Saluja (T) 079-66072666
and Shri Maganlal Kamwal (T) 079-66072653 For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91-8866682937 Help Line e-mail
ID gujaratc1indiacom and supportbankeauctionscom
6 This publication is also ldquoFifteen daysrdquo notice required under Rule 9(1) of Security
Interest (Enforcement) Rules 2002 to borrowerguarantor to pay outstanding dues
7 The property is proposed to being sold is on ldquoAs is where is whatever there is and
without any recourse basisrdquo All statutory liabilities taxes 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 bidderpurchaser of
the property Bank does not take any responsibility to provide information on the
same
8 The sale will attract provisions of TDS as applicable under Section 194(1A) Income
Tax Act on culmination of sale depending on sale price
9 The successful bidder will be required to deposit 25 of Sale Price(less the amount of
EMD) at the time of confirmation of sale The Balance amount of the sale price is to
be paid within 15 days from the date of issue of letter of acceptance by IDBI or such
extended period as may be agreed in writing by AO
10 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the
amount due to the Bank in full before date of sale no sale will be conducted
11 The AO may permit inter se bidding among the qualified bidders The AO reserves
the right to accept or reject allany bids without assigning any reason In case all the
bids are rejected the AO reserves the right to sell the assets by any of the modes as
prescribed in the SARFAESI Act
12 For detailed information and terms and conditions of E- Auction please refer to
BidTender Document available
13 Earnest Money Deposit (EMD) will not carry any interest The AO may retain
EMD of top three bidders upto 3 months from the date of opening of the bids
14 The Auction shall be subject to detailed terms and conditions as available in the
Bid Documents
Date 21122018
Place Ahmedabad
Authorised Officer
IDBI Bank Ltd
The above notice was published in the following newspapers on December 21 2018
i) Business Standard - English- edition
ii) Sandesh - Gujarat edition
III BRIEF DESCRIPTION OF THE ASSETS OF
CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No
1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo
Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat
together with all buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture
land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs
along with internal road area admeasuring about 3499-85 Sq Mt aggregating the entire
NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava
of Gondal Taluka of Rajkot District Gujarat
9
IV OUTSTANDING DUES OF IDBI BANK - IN THE ACCOUNT OF MS
CHAMPION AGRO LIMITED AS ON February 01 2016
Nature of
Facility
Amount
Outstanding
(in Rs)
Overdue (in Rs)
Principal Interest Total
CC Limit 71002421974 550000000- 16002421974 71002421974
Total 71002421974 550000000- 16002421974 71002421974
Champion Agro Limited to repay Rs 71002421974 (Rs Seventy One crore Twenty
four thousand two hundred nineteen and seventy four paise only) towards the
outstanding dues in respect of the Lonas as on February 01 2016 together with further
interest and expenses thereon with effect from februrary 01 2016
10
V TERMS AND CONDITIONS
1 The Authorised Officer (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 assetsproperties mentioned at item No III (A to B) of
the Tender Document (hereinafter referred to as the Secured Assets) and the same are
being sold on ldquoAs is where is whatever there is and without any recourserdquo basis
2 Auction bidding shall only be through ldquoonline electronic moderdquo through the website of
the service provider httpsbankeauctionscom Ms C1 India Pvt Ltd Ahmedabad is
the Service Provider to arrange e - auction platform For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-mail
ID gujaratc1indiacom amp supportbankeauctionscom
3 Issue of Tender Offer Bid Document
The Tender Document along with offer Form is on sale from December 26 2018 to
January 07 2019 on any working day between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow
Ahmedabad- 380 006 on payment of non refundable fees of Rs100- (Rupees One hundred
Only) by a crossed Ac Payee Demand Draft Pay order drawn in favour of ldquoIDBI Bank Ltd-
Ac NMG Ahmedabadrdquo payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank
The bid document can also be downloaded from IDBI website wwwidbicom Those bidders
preferring to download the Bid Document shall have to furnish the non refundable fee of
Rs100- as mentioned above at the time of submission of the bid along with EMD Interested
parties can participate in the e-auction for one or multiple property as they desire
4
Reserve Price
The Reserve price for the sale of the Secured Assets is as under
Properties at LOT No 1 Rs 9720 lakh (Rupees Ninety Seven Lakh and twenty
thousand only)
Properties at LOT No 2 Rs 27265 lakh (Rupees Two hundred seventy two
lakh and sixty five thousand)
Earnest Money Deposit (EMD)
The EMD has been fixed at
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
5 The amount of EMD paid by the interested bidders shall carry no interest
6 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo
and lsquowithout recourserdquo basis The description of the immovable properties is based on
the mortgages created by the BorrowersMortgagors with the secured lenders from time
11
to time and the representations made by them The AO does not take or assume any
responsibility for any shortfall of the immovable assets or for procuring any permission
etc or for the dues of any authority established by law The purchaser shall bear the
applicable stamp dutiesadditional stamp dutytransfer charges fee etc and all statutory
liabilities charges for conveyanceTaxesmaintenance fee electricitywater 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 It is expressly made clear that the AO Bank
do not take any responsibility to provide information on the same The AO Bank does
not take or assume any responsibility for any dues statutory or otherwise of
1 Champion Agro Limited and its mortgagors and Guarantors
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 bornepaid by the purchaser
7 Inspection of assets
The interested parties may inspect the assets at their own cost on January 02 2019 from
11 am to 400 pm for LOT NO 1 to 2 in the presence of a representative of the AO
available at the site to facilitate the inspection
8 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
9 To the best of knowledge and information of Bank Authorized Officer no other
encumbrances exists on the stated properties However prospective bidders may peruse
the copies of title deeds available with Bank with prior appointment and also carry out
their own enquiries to satisfy themselves regarding encumbrances if any over the above
properties
10 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 himselfherself about the names descriptions particulars quantities qualities
specifications measurements boundaries and abuttals of the assetsproperties and that
the bidder concurs or otherwise admits the identity of the assetsproperties purchased by
himher notwithstanding any discrepancy or variation by comparison of the description
in the particulars of the assetsproperties and their condition
12
11 The Bidder shall not be entitled to receive re-imbursement of any expenses which may
have been incurred in preparation of the BidOffer for submission andor 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
12 Submission of TenderOffer
The Bidder shall complete in all respects the Offer form(s) 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
initial each page of the Offer Offers received for sale and or accepted are not
transferable
The Format for submission of Profile of the bidder are given in Chapter VI amp VII
respectively of this Tender Documents
The format Chapter VII is for Individuals and
The format Chapter VIII is Company Proprietorship Partnership firms
Bidders may fill in only the form relevant to them
13 The interested bidders shall submit their Bid along with EMD amp KYC documents (PAN
card amp Address proof) to the Authorised Officer at IDBI Bank Ltd After scrutinizing if
the bid documents are complete in all respect the eligible bidders shall receive user id
password on their valid email id (mandatory for e-auction) from the e-auction service
provider Ms C1 India Pvt Ltd Ahmedabad
14 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder
with the signature duly attested
15 The TenderOffer 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
16 The TenderOffer form 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
17 Last date for submission of TenderOffer Bid Document
The interested parties may submit Tender Offer Bid Document duly filled and signed
along with the required documents to the AO Shri Tarun Kumar Prasad Deputy General
Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow Ahmedabad- 380 006 not
later than 400 pm on January 07 2019 in a sealed cover containing a crossed Ac
Payee Demand DraftPay Order of
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
13
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
The DD PO should be drawn in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabadrdquo
payable at Ahmedabad issued by Nationalized Bank Scheduled Bank as Earnest Money
Deposit (EMD) which shall be superscribed ldquoEMD for Properties at LOT No ____rdquo
and the other sealed cover containing the Bid Document superscribed ldquoBid Document ndash
for Properties at LOT No ____rdquo Interested parties can participate in the e-auction for
one or multiple LOTS as they desire
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
Separate Bid Documents along with EMD to be submitted for each LOT
18 Only those bidders will be permitted to participate in the e -auction whose Tender Offer
Bid Document is complete in every respect and whose Demand DraftPay Order for
EMD is found to be in order well before the cut-off time Bank does not take any
responsibility and will not entertain any complaint - 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 Cost of Tender Document submitted by
them will be intimated by e-mail
19 Registration with E-Auction Service Provider
Participants who are not already registered with the e-auction provider Ms C1 India Pvt
Ltd Ahmedabad should register themselves by following the procedure mentioned at the
websitehttpswwwbankeauctionscom
The user id and password will be then sent directly to the registered participants
intending purchasers whose Bid Document is complete in every respect and whose
Demand DraftPay Order for EMD is found to be in order The documents with further
directions will be given by the e- auction provider company if any for log in and
participating in the auction through online process After receiving the userid
password in case any bidders feel the need for training e ndash auction support such
bidders may contact MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-
124-430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-
mail ID supportbankeauctionscom and gujaratc1indiacom
The bidders may be participating in e ndash auction for bidding from their place of choice and
internet connectivity shall have to be ensured by bidder himself The Bank AO e-auction
service provider will not be responsible for any error occurred due to power failure
computer hardware or software error network error etc at the time of e-auction
20 The e- auction day January 09 2019
Property Description E ndashAuction time
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
IDBI Bank Ltd Recovery Department IDBI
Complex Opp Muni Staff Quarters Near Lal
Bunglow Off C G Road Ahmedabad ndash 380006
3800380006Phone079-66072756
The above possession notices of Champion Agro Limited was published in the following newspapers on July 18 2016
1Sandesh (Gujarati) ndash Rajkot Edition
2 DNA (English)- Gujarat Edition
PUBLIC NOTICE FOR SALE through e-Auction of properties situated in
Districts of Rajkot Gujarat
Pursuant to taking possession of the assets under the provisions of the
Securitization and Reconstruction of Financial Assets and Enforcement of
Security Interest Act 2002 read with the Security Interest (Enforcement) Rules
2002 the undersigned being the Authorized Officer (AO) of IDBI Bank Ltd invites
offers for the sale of immoveable properties as under
Name of Borrower
GuarantorsMortgagors
Demand Notice Details Date
of Possession amp Date of NPA
Description of Property
Reserve
Price (Rs
lakh)
EMD
( Rs
lakh)
Borrower Ms Champion
Agro Limited (1)Shri Dhirajlal Ghusabhai
Hirpara Mortgagor
Guarantor (ii) Shri
Bhupendrabhai Harjibhai
Khunt Mortgagor Guarantor
Date of NPA 29092014
Demand Notice us 13(2)
issued on 17022016 for dues
of Rs 71002421974 as on
01022016
Date of Possession 14072016
LOT 1
All those part and parcel of the
immovable property consisting of open
land of Plot No 1 23 49 50 and 72
collectively admeasuring 2435-86 Sq Mt
of ldquoAum Residencyrdquo Survey No 315
Paiki of Village Kothariya of Rajkot
Taluka of Rajkot District Gujarat
together with all buildings and structures
thereon
9720 10
LOT 2
All those pieces and parcels of immovable
property consist of open Non-agriculture
land consisting of Plot No 1 to 16
collectively admeasuring about 10828-08
Sq Mtrs along with internal road area
admeasuring about 3499-85 Sq Mt
aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of
Survey No 122 of Village Bhunava of
Gondal Taluka of Rajkot District Gujarat
27265 28
IDBI Bank Ltd NPA Management Group
IDBI Complex Opp Muni Staff Quarters Near Lal Bunglow Off
Sale of Bid Tender document December 26 2018 to January 07 2019
Date of Inspection January 02 2019 from 1100 AM to 400 PM
Last Date of submission of Bid
along with EMD
January 07 2019 up to 400 PM
Date of e ndashauction Time of e- Auction January 09 2019 at 1100 AM to 100 PM
1 Particulars specified in the schedule above have been stated to the best of the
information Authorized officer Bank Authorized officer and or Bank will not be
answerable for any error miss-statement or omission in this public notice
2 For detailed procedure terms and conditions of the auction process intending bidders
may arrange to obtain BidTender Document from Assistant General Manager
IDBI Bank Ltd NPA Management Group IDBI Complex Opp Muni Staff
Quarters Near Lal Bungalow Off CG Road Ahmedabad-380006 on any working
day between 1100 am to 400 pm on payment of non refundable fees of Rs100-
(Rupees one hundred Only) by a crossed Ac Payee Demand Draft Pay order drown
in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabad payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank
3 The Bidtender document can also be downloaded from IDBI website wwwidbicom
Those bidders preferring to download the Bid Tender Document shall have to furnish
the non refundable fees of Rs 100- as at 2 above at the time of submission of the
acceptance document with EMD
4 Interested parties can participate in the e-auction for one or multiple LOTS as they
desire Separate Bid Documents along with EMD to be submitted for each LOT
mentioning the LOT Number
5 Interested parties may contact undersigned or Shri Anand Saluja (T) 079-66072666
and Shri Maganlal Kamwal (T) 079-66072653 For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91-8866682937 Help Line e-mail
ID gujaratc1indiacom and supportbankeauctionscom
6 This publication is also ldquoFifteen daysrdquo notice required under Rule 9(1) of Security
Interest (Enforcement) Rules 2002 to borrowerguarantor to pay outstanding dues
7 The property is proposed to being sold is on ldquoAs is where is whatever there is and
without any recourse basisrdquo All statutory liabilities taxes 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 bidderpurchaser of
the property Bank does not take any responsibility to provide information on the
same
8 The sale will attract provisions of TDS as applicable under Section 194(1A) Income
Tax Act on culmination of sale depending on sale price
9 The successful bidder will be required to deposit 25 of Sale Price(less the amount of
EMD) at the time of confirmation of sale The Balance amount of the sale price is to
be paid within 15 days from the date of issue of letter of acceptance by IDBI or such
extended period as may be agreed in writing by AO
10 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the
amount due to the Bank in full before date of sale no sale will be conducted
11 The AO may permit inter se bidding among the qualified bidders The AO reserves
the right to accept or reject allany bids without assigning any reason In case all the
bids are rejected the AO reserves the right to sell the assets by any of the modes as
prescribed in the SARFAESI Act
12 For detailed information and terms and conditions of E- Auction please refer to
BidTender Document available
13 Earnest Money Deposit (EMD) will not carry any interest The AO may retain
EMD of top three bidders upto 3 months from the date of opening of the bids
14 The Auction shall be subject to detailed terms and conditions as available in the
Bid Documents
Date 21122018
Place Ahmedabad
Authorised Officer
IDBI Bank Ltd
The above notice was published in the following newspapers on December 21 2018
i) Business Standard - English- edition
ii) Sandesh - Gujarat edition
III BRIEF DESCRIPTION OF THE ASSETS OF
CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No
1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo
Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat
together with all buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture
land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs
along with internal road area admeasuring about 3499-85 Sq Mt aggregating the entire
NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava
of Gondal Taluka of Rajkot District Gujarat
9
IV OUTSTANDING DUES OF IDBI BANK - IN THE ACCOUNT OF MS
CHAMPION AGRO LIMITED AS ON February 01 2016
Nature of
Facility
Amount
Outstanding
(in Rs)
Overdue (in Rs)
Principal Interest Total
CC Limit 71002421974 550000000- 16002421974 71002421974
Total 71002421974 550000000- 16002421974 71002421974
Champion Agro Limited to repay Rs 71002421974 (Rs Seventy One crore Twenty
four thousand two hundred nineteen and seventy four paise only) towards the
outstanding dues in respect of the Lonas as on February 01 2016 together with further
interest and expenses thereon with effect from februrary 01 2016
10
V TERMS AND CONDITIONS
1 The Authorised Officer (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 assetsproperties mentioned at item No III (A to B) of
the Tender Document (hereinafter referred to as the Secured Assets) and the same are
being sold on ldquoAs is where is whatever there is and without any recourserdquo basis
2 Auction bidding shall only be through ldquoonline electronic moderdquo through the website of
the service provider httpsbankeauctionscom Ms C1 India Pvt Ltd Ahmedabad is
the Service Provider to arrange e - auction platform For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-mail
ID gujaratc1indiacom amp supportbankeauctionscom
3 Issue of Tender Offer Bid Document
The Tender Document along with offer Form is on sale from December 26 2018 to
January 07 2019 on any working day between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow
Ahmedabad- 380 006 on payment of non refundable fees of Rs100- (Rupees One hundred
Only) by a crossed Ac Payee Demand Draft Pay order drawn in favour of ldquoIDBI Bank Ltd-
Ac NMG Ahmedabadrdquo payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank
The bid document can also be downloaded from IDBI website wwwidbicom Those bidders
preferring to download the Bid Document shall have to furnish the non refundable fee of
Rs100- as mentioned above at the time of submission of the bid along with EMD Interested
parties can participate in the e-auction for one or multiple property as they desire
4
Reserve Price
The Reserve price for the sale of the Secured Assets is as under
Properties at LOT No 1 Rs 9720 lakh (Rupees Ninety Seven Lakh and twenty
thousand only)
Properties at LOT No 2 Rs 27265 lakh (Rupees Two hundred seventy two
lakh and sixty five thousand)
Earnest Money Deposit (EMD)
The EMD has been fixed at
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
5 The amount of EMD paid by the interested bidders shall carry no interest
6 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo
and lsquowithout recourserdquo basis The description of the immovable properties is based on
the mortgages created by the BorrowersMortgagors with the secured lenders from time
11
to time and the representations made by them The AO does not take or assume any
responsibility for any shortfall of the immovable assets or for procuring any permission
etc or for the dues of any authority established by law The purchaser shall bear the
applicable stamp dutiesadditional stamp dutytransfer charges fee etc and all statutory
liabilities charges for conveyanceTaxesmaintenance fee electricitywater 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 It is expressly made clear that the AO Bank
do not take any responsibility to provide information on the same The AO Bank does
not take or assume any responsibility for any dues statutory or otherwise of
1 Champion Agro Limited and its mortgagors and Guarantors
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 bornepaid by the purchaser
7 Inspection of assets
The interested parties may inspect the assets at their own cost on January 02 2019 from
11 am to 400 pm for LOT NO 1 to 2 in the presence of a representative of the AO
available at the site to facilitate the inspection
8 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
9 To the best of knowledge and information of Bank Authorized Officer no other
encumbrances exists on the stated properties However prospective bidders may peruse
the copies of title deeds available with Bank with prior appointment and also carry out
their own enquiries to satisfy themselves regarding encumbrances if any over the above
properties
10 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 himselfherself about the names descriptions particulars quantities qualities
specifications measurements boundaries and abuttals of the assetsproperties and that
the bidder concurs or otherwise admits the identity of the assetsproperties purchased by
himher notwithstanding any discrepancy or variation by comparison of the description
in the particulars of the assetsproperties and their condition
12
11 The Bidder shall not be entitled to receive re-imbursement of any expenses which may
have been incurred in preparation of the BidOffer for submission andor 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
12 Submission of TenderOffer
The Bidder shall complete in all respects the Offer form(s) 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
initial each page of the Offer Offers received for sale and or accepted are not
transferable
The Format for submission of Profile of the bidder are given in Chapter VI amp VII
respectively of this Tender Documents
The format Chapter VII is for Individuals and
The format Chapter VIII is Company Proprietorship Partnership firms
Bidders may fill in only the form relevant to them
13 The interested bidders shall submit their Bid along with EMD amp KYC documents (PAN
card amp Address proof) to the Authorised Officer at IDBI Bank Ltd After scrutinizing if
the bid documents are complete in all respect the eligible bidders shall receive user id
password on their valid email id (mandatory for e-auction) from the e-auction service
provider Ms C1 India Pvt Ltd Ahmedabad
14 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder
with the signature duly attested
15 The TenderOffer 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
16 The TenderOffer form 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
17 Last date for submission of TenderOffer Bid Document
The interested parties may submit Tender Offer Bid Document duly filled and signed
along with the required documents to the AO Shri Tarun Kumar Prasad Deputy General
Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow Ahmedabad- 380 006 not
later than 400 pm on January 07 2019 in a sealed cover containing a crossed Ac
Payee Demand DraftPay Order of
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
13
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
The DD PO should be drawn in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabadrdquo
payable at Ahmedabad issued by Nationalized Bank Scheduled Bank as Earnest Money
Deposit (EMD) which shall be superscribed ldquoEMD for Properties at LOT No ____rdquo
and the other sealed cover containing the Bid Document superscribed ldquoBid Document ndash
for Properties at LOT No ____rdquo Interested parties can participate in the e-auction for
one or multiple LOTS as they desire
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
Separate Bid Documents along with EMD to be submitted for each LOT
18 Only those bidders will be permitted to participate in the e -auction whose Tender Offer
Bid Document is complete in every respect and whose Demand DraftPay Order for
EMD is found to be in order well before the cut-off time Bank does not take any
responsibility and will not entertain any complaint - 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 Cost of Tender Document submitted by
them will be intimated by e-mail
19 Registration with E-Auction Service Provider
Participants who are not already registered with the e-auction provider Ms C1 India Pvt
Ltd Ahmedabad should register themselves by following the procedure mentioned at the
websitehttpswwwbankeauctionscom
The user id and password will be then sent directly to the registered participants
intending purchasers whose Bid Document is complete in every respect and whose
Demand DraftPay Order for EMD is found to be in order The documents with further
directions will be given by the e- auction provider company if any for log in and
participating in the auction through online process After receiving the userid
password in case any bidders feel the need for training e ndash auction support such
bidders may contact MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-
124-430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-
mail ID supportbankeauctionscom and gujaratc1indiacom
The bidders may be participating in e ndash auction for bidding from their place of choice and
internet connectivity shall have to be ensured by bidder himself The Bank AO e-auction
service provider will not be responsible for any error occurred due to power failure
computer hardware or software error network error etc at the time of e-auction
20 The e- auction day January 09 2019
Property Description E ndashAuction time
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
The above possession notices of Champion Agro Limited was published in the following newspapers on July 18 2016
1Sandesh (Gujarati) ndash Rajkot Edition
2 DNA (English)- Gujarat Edition
PUBLIC NOTICE FOR SALE through e-Auction of properties situated in
Districts of Rajkot Gujarat
Pursuant to taking possession of the assets under the provisions of the
Securitization and Reconstruction of Financial Assets and Enforcement of
Security Interest Act 2002 read with the Security Interest (Enforcement) Rules
2002 the undersigned being the Authorized Officer (AO) of IDBI Bank Ltd invites
offers for the sale of immoveable properties as under
Name of Borrower
GuarantorsMortgagors
Demand Notice Details Date
of Possession amp Date of NPA
Description of Property
Reserve
Price (Rs
lakh)
EMD
( Rs
lakh)
Borrower Ms Champion
Agro Limited (1)Shri Dhirajlal Ghusabhai
Hirpara Mortgagor
Guarantor (ii) Shri
Bhupendrabhai Harjibhai
Khunt Mortgagor Guarantor
Date of NPA 29092014
Demand Notice us 13(2)
issued on 17022016 for dues
of Rs 71002421974 as on
01022016
Date of Possession 14072016
LOT 1
All those part and parcel of the
immovable property consisting of open
land of Plot No 1 23 49 50 and 72
collectively admeasuring 2435-86 Sq Mt
of ldquoAum Residencyrdquo Survey No 315
Paiki of Village Kothariya of Rajkot
Taluka of Rajkot District Gujarat
together with all buildings and structures
thereon
9720 10
LOT 2
All those pieces and parcels of immovable
property consist of open Non-agriculture
land consisting of Plot No 1 to 16
collectively admeasuring about 10828-08
Sq Mtrs along with internal road area
admeasuring about 3499-85 Sq Mt
aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of
Survey No 122 of Village Bhunava of
Gondal Taluka of Rajkot District Gujarat
27265 28
IDBI Bank Ltd NPA Management Group
IDBI Complex Opp Muni Staff Quarters Near Lal Bunglow Off
Sale of Bid Tender document December 26 2018 to January 07 2019
Date of Inspection January 02 2019 from 1100 AM to 400 PM
Last Date of submission of Bid
along with EMD
January 07 2019 up to 400 PM
Date of e ndashauction Time of e- Auction January 09 2019 at 1100 AM to 100 PM
1 Particulars specified in the schedule above have been stated to the best of the
information Authorized officer Bank Authorized officer and or Bank will not be
answerable for any error miss-statement or omission in this public notice
2 For detailed procedure terms and conditions of the auction process intending bidders
may arrange to obtain BidTender Document from Assistant General Manager
IDBI Bank Ltd NPA Management Group IDBI Complex Opp Muni Staff
Quarters Near Lal Bungalow Off CG Road Ahmedabad-380006 on any working
day between 1100 am to 400 pm on payment of non refundable fees of Rs100-
(Rupees one hundred Only) by a crossed Ac Payee Demand Draft Pay order drown
in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabad payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank
3 The Bidtender document can also be downloaded from IDBI website wwwidbicom
Those bidders preferring to download the Bid Tender Document shall have to furnish
the non refundable fees of Rs 100- as at 2 above at the time of submission of the
acceptance document with EMD
4 Interested parties can participate in the e-auction for one or multiple LOTS as they
desire Separate Bid Documents along with EMD to be submitted for each LOT
mentioning the LOT Number
5 Interested parties may contact undersigned or Shri Anand Saluja (T) 079-66072666
and Shri Maganlal Kamwal (T) 079-66072653 For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91-8866682937 Help Line e-mail
ID gujaratc1indiacom and supportbankeauctionscom
6 This publication is also ldquoFifteen daysrdquo notice required under Rule 9(1) of Security
Interest (Enforcement) Rules 2002 to borrowerguarantor to pay outstanding dues
7 The property is proposed to being sold is on ldquoAs is where is whatever there is and
without any recourse basisrdquo All statutory liabilities taxes 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 bidderpurchaser of
the property Bank does not take any responsibility to provide information on the
same
8 The sale will attract provisions of TDS as applicable under Section 194(1A) Income
Tax Act on culmination of sale depending on sale price
9 The successful bidder will be required to deposit 25 of Sale Price(less the amount of
EMD) at the time of confirmation of sale The Balance amount of the sale price is to
be paid within 15 days from the date of issue of letter of acceptance by IDBI or such
extended period as may be agreed in writing by AO
10 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the
amount due to the Bank in full before date of sale no sale will be conducted
11 The AO may permit inter se bidding among the qualified bidders The AO reserves
the right to accept or reject allany bids without assigning any reason In case all the
bids are rejected the AO reserves the right to sell the assets by any of the modes as
prescribed in the SARFAESI Act
12 For detailed information and terms and conditions of E- Auction please refer to
BidTender Document available
13 Earnest Money Deposit (EMD) will not carry any interest The AO may retain
EMD of top three bidders upto 3 months from the date of opening of the bids
14 The Auction shall be subject to detailed terms and conditions as available in the
Bid Documents
Date 21122018
Place Ahmedabad
Authorised Officer
IDBI Bank Ltd
The above notice was published in the following newspapers on December 21 2018
i) Business Standard - English- edition
ii) Sandesh - Gujarat edition
III BRIEF DESCRIPTION OF THE ASSETS OF
CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No
1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo
Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat
together with all buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture
land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs
along with internal road area admeasuring about 3499-85 Sq Mt aggregating the entire
NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava
of Gondal Taluka of Rajkot District Gujarat
9
IV OUTSTANDING DUES OF IDBI BANK - IN THE ACCOUNT OF MS
CHAMPION AGRO LIMITED AS ON February 01 2016
Nature of
Facility
Amount
Outstanding
(in Rs)
Overdue (in Rs)
Principal Interest Total
CC Limit 71002421974 550000000- 16002421974 71002421974
Total 71002421974 550000000- 16002421974 71002421974
Champion Agro Limited to repay Rs 71002421974 (Rs Seventy One crore Twenty
four thousand two hundred nineteen and seventy four paise only) towards the
outstanding dues in respect of the Lonas as on February 01 2016 together with further
interest and expenses thereon with effect from februrary 01 2016
10
V TERMS AND CONDITIONS
1 The Authorised Officer (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 assetsproperties mentioned at item No III (A to B) of
the Tender Document (hereinafter referred to as the Secured Assets) and the same are
being sold on ldquoAs is where is whatever there is and without any recourserdquo basis
2 Auction bidding shall only be through ldquoonline electronic moderdquo through the website of
the service provider httpsbankeauctionscom Ms C1 India Pvt Ltd Ahmedabad is
the Service Provider to arrange e - auction platform For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-mail
ID gujaratc1indiacom amp supportbankeauctionscom
3 Issue of Tender Offer Bid Document
The Tender Document along with offer Form is on sale from December 26 2018 to
January 07 2019 on any working day between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow
Ahmedabad- 380 006 on payment of non refundable fees of Rs100- (Rupees One hundred
Only) by a crossed Ac Payee Demand Draft Pay order drawn in favour of ldquoIDBI Bank Ltd-
Ac NMG Ahmedabadrdquo payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank
The bid document can also be downloaded from IDBI website wwwidbicom Those bidders
preferring to download the Bid Document shall have to furnish the non refundable fee of
Rs100- as mentioned above at the time of submission of the bid along with EMD Interested
parties can participate in the e-auction for one or multiple property as they desire
4
Reserve Price
The Reserve price for the sale of the Secured Assets is as under
Properties at LOT No 1 Rs 9720 lakh (Rupees Ninety Seven Lakh and twenty
thousand only)
Properties at LOT No 2 Rs 27265 lakh (Rupees Two hundred seventy two
lakh and sixty five thousand)
Earnest Money Deposit (EMD)
The EMD has been fixed at
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
5 The amount of EMD paid by the interested bidders shall carry no interest
6 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo
and lsquowithout recourserdquo basis The description of the immovable properties is based on
the mortgages created by the BorrowersMortgagors with the secured lenders from time
11
to time and the representations made by them The AO does not take or assume any
responsibility for any shortfall of the immovable assets or for procuring any permission
etc or for the dues of any authority established by law The purchaser shall bear the
applicable stamp dutiesadditional stamp dutytransfer charges fee etc and all statutory
liabilities charges for conveyanceTaxesmaintenance fee electricitywater 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 It is expressly made clear that the AO Bank
do not take any responsibility to provide information on the same The AO Bank does
not take or assume any responsibility for any dues statutory or otherwise of
1 Champion Agro Limited and its mortgagors and Guarantors
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 bornepaid by the purchaser
7 Inspection of assets
The interested parties may inspect the assets at their own cost on January 02 2019 from
11 am to 400 pm for LOT NO 1 to 2 in the presence of a representative of the AO
available at the site to facilitate the inspection
8 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
9 To the best of knowledge and information of Bank Authorized Officer no other
encumbrances exists on the stated properties However prospective bidders may peruse
the copies of title deeds available with Bank with prior appointment and also carry out
their own enquiries to satisfy themselves regarding encumbrances if any over the above
properties
10 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 himselfherself about the names descriptions particulars quantities qualities
specifications measurements boundaries and abuttals of the assetsproperties and that
the bidder concurs or otherwise admits the identity of the assetsproperties purchased by
himher notwithstanding any discrepancy or variation by comparison of the description
in the particulars of the assetsproperties and their condition
12
11 The Bidder shall not be entitled to receive re-imbursement of any expenses which may
have been incurred in preparation of the BidOffer for submission andor 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
12 Submission of TenderOffer
The Bidder shall complete in all respects the Offer form(s) 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
initial each page of the Offer Offers received for sale and or accepted are not
transferable
The Format for submission of Profile of the bidder are given in Chapter VI amp VII
respectively of this Tender Documents
The format Chapter VII is for Individuals and
The format Chapter VIII is Company Proprietorship Partnership firms
Bidders may fill in only the form relevant to them
13 The interested bidders shall submit their Bid along with EMD amp KYC documents (PAN
card amp Address proof) to the Authorised Officer at IDBI Bank Ltd After scrutinizing if
the bid documents are complete in all respect the eligible bidders shall receive user id
password on their valid email id (mandatory for e-auction) from the e-auction service
provider Ms C1 India Pvt Ltd Ahmedabad
14 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder
with the signature duly attested
15 The TenderOffer 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
16 The TenderOffer form 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
17 Last date for submission of TenderOffer Bid Document
The interested parties may submit Tender Offer Bid Document duly filled and signed
along with the required documents to the AO Shri Tarun Kumar Prasad Deputy General
Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow Ahmedabad- 380 006 not
later than 400 pm on January 07 2019 in a sealed cover containing a crossed Ac
Payee Demand DraftPay Order of
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
13
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
The DD PO should be drawn in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabadrdquo
payable at Ahmedabad issued by Nationalized Bank Scheduled Bank as Earnest Money
Deposit (EMD) which shall be superscribed ldquoEMD for Properties at LOT No ____rdquo
and the other sealed cover containing the Bid Document superscribed ldquoBid Document ndash
for Properties at LOT No ____rdquo Interested parties can participate in the e-auction for
one or multiple LOTS as they desire
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
Separate Bid Documents along with EMD to be submitted for each LOT
18 Only those bidders will be permitted to participate in the e -auction whose Tender Offer
Bid Document is complete in every respect and whose Demand DraftPay Order for
EMD is found to be in order well before the cut-off time Bank does not take any
responsibility and will not entertain any complaint - 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 Cost of Tender Document submitted by
them will be intimated by e-mail
19 Registration with E-Auction Service Provider
Participants who are not already registered with the e-auction provider Ms C1 India Pvt
Ltd Ahmedabad should register themselves by following the procedure mentioned at the
websitehttpswwwbankeauctionscom
The user id and password will be then sent directly to the registered participants
intending purchasers whose Bid Document is complete in every respect and whose
Demand DraftPay Order for EMD is found to be in order The documents with further
directions will be given by the e- auction provider company if any for log in and
participating in the auction through online process After receiving the userid
password in case any bidders feel the need for training e ndash auction support such
bidders may contact MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-
124-430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-
mail ID supportbankeauctionscom and gujaratc1indiacom
The bidders may be participating in e ndash auction for bidding from their place of choice and
internet connectivity shall have to be ensured by bidder himself The Bank AO e-auction
service provider will not be responsible for any error occurred due to power failure
computer hardware or software error network error etc at the time of e-auction
20 The e- auction day January 09 2019
Property Description E ndashAuction time
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
PUBLIC NOTICE FOR SALE through e-Auction of properties situated in
Districts of Rajkot Gujarat
Pursuant to taking possession of the assets under the provisions of the
Securitization and Reconstruction of Financial Assets and Enforcement of
Security Interest Act 2002 read with the Security Interest (Enforcement) Rules
2002 the undersigned being the Authorized Officer (AO) of IDBI Bank Ltd invites
offers for the sale of immoveable properties as under
Name of Borrower
GuarantorsMortgagors
Demand Notice Details Date
of Possession amp Date of NPA
Description of Property
Reserve
Price (Rs
lakh)
EMD
( Rs
lakh)
Borrower Ms Champion
Agro Limited (1)Shri Dhirajlal Ghusabhai
Hirpara Mortgagor
Guarantor (ii) Shri
Bhupendrabhai Harjibhai
Khunt Mortgagor Guarantor
Date of NPA 29092014
Demand Notice us 13(2)
issued on 17022016 for dues
of Rs 71002421974 as on
01022016
Date of Possession 14072016
LOT 1
All those part and parcel of the
immovable property consisting of open
land of Plot No 1 23 49 50 and 72
collectively admeasuring 2435-86 Sq Mt
of ldquoAum Residencyrdquo Survey No 315
Paiki of Village Kothariya of Rajkot
Taluka of Rajkot District Gujarat
together with all buildings and structures
thereon
9720 10
LOT 2
All those pieces and parcels of immovable
property consist of open Non-agriculture
land consisting of Plot No 1 to 16
collectively admeasuring about 10828-08
Sq Mtrs along with internal road area
admeasuring about 3499-85 Sq Mt
aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of
Survey No 122 of Village Bhunava of
Gondal Taluka of Rajkot District Gujarat
27265 28
IDBI Bank Ltd NPA Management Group
IDBI Complex Opp Muni Staff Quarters Near Lal Bunglow Off
Sale of Bid Tender document December 26 2018 to January 07 2019
Date of Inspection January 02 2019 from 1100 AM to 400 PM
Last Date of submission of Bid
along with EMD
January 07 2019 up to 400 PM
Date of e ndashauction Time of e- Auction January 09 2019 at 1100 AM to 100 PM
1 Particulars specified in the schedule above have been stated to the best of the
information Authorized officer Bank Authorized officer and or Bank will not be
answerable for any error miss-statement or omission in this public notice
2 For detailed procedure terms and conditions of the auction process intending bidders
may arrange to obtain BidTender Document from Assistant General Manager
IDBI Bank Ltd NPA Management Group IDBI Complex Opp Muni Staff
Quarters Near Lal Bungalow Off CG Road Ahmedabad-380006 on any working
day between 1100 am to 400 pm on payment of non refundable fees of Rs100-
(Rupees one hundred Only) by a crossed Ac Payee Demand Draft Pay order drown
in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabad payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank
3 The Bidtender document can also be downloaded from IDBI website wwwidbicom
Those bidders preferring to download the Bid Tender Document shall have to furnish
the non refundable fees of Rs 100- as at 2 above at the time of submission of the
acceptance document with EMD
4 Interested parties can participate in the e-auction for one or multiple LOTS as they
desire Separate Bid Documents along with EMD to be submitted for each LOT
mentioning the LOT Number
5 Interested parties may contact undersigned or Shri Anand Saluja (T) 079-66072666
and Shri Maganlal Kamwal (T) 079-66072653 For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91-8866682937 Help Line e-mail
ID gujaratc1indiacom and supportbankeauctionscom
6 This publication is also ldquoFifteen daysrdquo notice required under Rule 9(1) of Security
Interest (Enforcement) Rules 2002 to borrowerguarantor to pay outstanding dues
7 The property is proposed to being sold is on ldquoAs is where is whatever there is and
without any recourse basisrdquo All statutory liabilities taxes 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 bidderpurchaser of
the property Bank does not take any responsibility to provide information on the
same
8 The sale will attract provisions of TDS as applicable under Section 194(1A) Income
Tax Act on culmination of sale depending on sale price
9 The successful bidder will be required to deposit 25 of Sale Price(less the amount of
EMD) at the time of confirmation of sale The Balance amount of the sale price is to
be paid within 15 days from the date of issue of letter of acceptance by IDBI or such
extended period as may be agreed in writing by AO
10 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the
amount due to the Bank in full before date of sale no sale will be conducted
11 The AO may permit inter se bidding among the qualified bidders The AO reserves
the right to accept or reject allany bids without assigning any reason In case all the
bids are rejected the AO reserves the right to sell the assets by any of the modes as
prescribed in the SARFAESI Act
12 For detailed information and terms and conditions of E- Auction please refer to
BidTender Document available
13 Earnest Money Deposit (EMD) will not carry any interest The AO may retain
EMD of top three bidders upto 3 months from the date of opening of the bids
14 The Auction shall be subject to detailed terms and conditions as available in the
Bid Documents
Date 21122018
Place Ahmedabad
Authorised Officer
IDBI Bank Ltd
The above notice was published in the following newspapers on December 21 2018
i) Business Standard - English- edition
ii) Sandesh - Gujarat edition
III BRIEF DESCRIPTION OF THE ASSETS OF
CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No
1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo
Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat
together with all buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture
land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs
along with internal road area admeasuring about 3499-85 Sq Mt aggregating the entire
NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava
of Gondal Taluka of Rajkot District Gujarat
9
IV OUTSTANDING DUES OF IDBI BANK - IN THE ACCOUNT OF MS
CHAMPION AGRO LIMITED AS ON February 01 2016
Nature of
Facility
Amount
Outstanding
(in Rs)
Overdue (in Rs)
Principal Interest Total
CC Limit 71002421974 550000000- 16002421974 71002421974
Total 71002421974 550000000- 16002421974 71002421974
Champion Agro Limited to repay Rs 71002421974 (Rs Seventy One crore Twenty
four thousand two hundred nineteen and seventy four paise only) towards the
outstanding dues in respect of the Lonas as on February 01 2016 together with further
interest and expenses thereon with effect from februrary 01 2016
10
V TERMS AND CONDITIONS
1 The Authorised Officer (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 assetsproperties mentioned at item No III (A to B) of
the Tender Document (hereinafter referred to as the Secured Assets) and the same are
being sold on ldquoAs is where is whatever there is and without any recourserdquo basis
2 Auction bidding shall only be through ldquoonline electronic moderdquo through the website of
the service provider httpsbankeauctionscom Ms C1 India Pvt Ltd Ahmedabad is
the Service Provider to arrange e - auction platform For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-mail
ID gujaratc1indiacom amp supportbankeauctionscom
3 Issue of Tender Offer Bid Document
The Tender Document along with offer Form is on sale from December 26 2018 to
January 07 2019 on any working day between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow
Ahmedabad- 380 006 on payment of non refundable fees of Rs100- (Rupees One hundred
Only) by a crossed Ac Payee Demand Draft Pay order drawn in favour of ldquoIDBI Bank Ltd-
Ac NMG Ahmedabadrdquo payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank
The bid document can also be downloaded from IDBI website wwwidbicom Those bidders
preferring to download the Bid Document shall have to furnish the non refundable fee of
Rs100- as mentioned above at the time of submission of the bid along with EMD Interested
parties can participate in the e-auction for one or multiple property as they desire
4
Reserve Price
The Reserve price for the sale of the Secured Assets is as under
Properties at LOT No 1 Rs 9720 lakh (Rupees Ninety Seven Lakh and twenty
thousand only)
Properties at LOT No 2 Rs 27265 lakh (Rupees Two hundred seventy two
lakh and sixty five thousand)
Earnest Money Deposit (EMD)
The EMD has been fixed at
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
5 The amount of EMD paid by the interested bidders shall carry no interest
6 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo
and lsquowithout recourserdquo basis The description of the immovable properties is based on
the mortgages created by the BorrowersMortgagors with the secured lenders from time
11
to time and the representations made by them The AO does not take or assume any
responsibility for any shortfall of the immovable assets or for procuring any permission
etc or for the dues of any authority established by law The purchaser shall bear the
applicable stamp dutiesadditional stamp dutytransfer charges fee etc and all statutory
liabilities charges for conveyanceTaxesmaintenance fee electricitywater 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 It is expressly made clear that the AO Bank
do not take any responsibility to provide information on the same The AO Bank does
not take or assume any responsibility for any dues statutory or otherwise of
1 Champion Agro Limited and its mortgagors and Guarantors
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 bornepaid by the purchaser
7 Inspection of assets
The interested parties may inspect the assets at their own cost on January 02 2019 from
11 am to 400 pm for LOT NO 1 to 2 in the presence of a representative of the AO
available at the site to facilitate the inspection
8 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
9 To the best of knowledge and information of Bank Authorized Officer no other
encumbrances exists on the stated properties However prospective bidders may peruse
the copies of title deeds available with Bank with prior appointment and also carry out
their own enquiries to satisfy themselves regarding encumbrances if any over the above
properties
10 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 himselfherself about the names descriptions particulars quantities qualities
specifications measurements boundaries and abuttals of the assetsproperties and that
the bidder concurs or otherwise admits the identity of the assetsproperties purchased by
himher notwithstanding any discrepancy or variation by comparison of the description
in the particulars of the assetsproperties and their condition
12
11 The Bidder shall not be entitled to receive re-imbursement of any expenses which may
have been incurred in preparation of the BidOffer for submission andor 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
12 Submission of TenderOffer
The Bidder shall complete in all respects the Offer form(s) 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
initial each page of the Offer Offers received for sale and or accepted are not
transferable
The Format for submission of Profile of the bidder are given in Chapter VI amp VII
respectively of this Tender Documents
The format Chapter VII is for Individuals and
The format Chapter VIII is Company Proprietorship Partnership firms
Bidders may fill in only the form relevant to them
13 The interested bidders shall submit their Bid along with EMD amp KYC documents (PAN
card amp Address proof) to the Authorised Officer at IDBI Bank Ltd After scrutinizing if
the bid documents are complete in all respect the eligible bidders shall receive user id
password on their valid email id (mandatory for e-auction) from the e-auction service
provider Ms C1 India Pvt Ltd Ahmedabad
14 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder
with the signature duly attested
15 The TenderOffer 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
16 The TenderOffer form 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
17 Last date for submission of TenderOffer Bid Document
The interested parties may submit Tender Offer Bid Document duly filled and signed
along with the required documents to the AO Shri Tarun Kumar Prasad Deputy General
Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow Ahmedabad- 380 006 not
later than 400 pm on January 07 2019 in a sealed cover containing a crossed Ac
Payee Demand DraftPay Order of
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
13
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
The DD PO should be drawn in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabadrdquo
payable at Ahmedabad issued by Nationalized Bank Scheduled Bank as Earnest Money
Deposit (EMD) which shall be superscribed ldquoEMD for Properties at LOT No ____rdquo
and the other sealed cover containing the Bid Document superscribed ldquoBid Document ndash
for Properties at LOT No ____rdquo Interested parties can participate in the e-auction for
one or multiple LOTS as they desire
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
Separate Bid Documents along with EMD to be submitted for each LOT
18 Only those bidders will be permitted to participate in the e -auction whose Tender Offer
Bid Document is complete in every respect and whose Demand DraftPay Order for
EMD is found to be in order well before the cut-off time Bank does not take any
responsibility and will not entertain any complaint - 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 Cost of Tender Document submitted by
them will be intimated by e-mail
19 Registration with E-Auction Service Provider
Participants who are not already registered with the e-auction provider Ms C1 India Pvt
Ltd Ahmedabad should register themselves by following the procedure mentioned at the
websitehttpswwwbankeauctionscom
The user id and password will be then sent directly to the registered participants
intending purchasers whose Bid Document is complete in every respect and whose
Demand DraftPay Order for EMD is found to be in order The documents with further
directions will be given by the e- auction provider company if any for log in and
participating in the auction through online process After receiving the userid
password in case any bidders feel the need for training e ndash auction support such
bidders may contact MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-
124-430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-
mail ID supportbankeauctionscom and gujaratc1indiacom
The bidders may be participating in e ndash auction for bidding from their place of choice and
internet connectivity shall have to be ensured by bidder himself The Bank AO e-auction
service provider will not be responsible for any error occurred due to power failure
computer hardware or software error network error etc at the time of e-auction
20 The e- auction day January 09 2019
Property Description E ndashAuction time
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
IMPORTANT DATES
Bid Increase Amount By Rs 25000- for all Lots
Sale of Bid Tender document December 26 2018 to January 07 2019
Date of Inspection January 02 2019 from 1100 AM to 400 PM
Last Date of submission of Bid
along with EMD
January 07 2019 up to 400 PM
Date of e ndashauction Time of e- Auction January 09 2019 at 1100 AM to 100 PM
1 Particulars specified in the schedule above have been stated to the best of the
information Authorized officer Bank Authorized officer and or Bank will not be
answerable for any error miss-statement or omission in this public notice
2 For detailed procedure terms and conditions of the auction process intending bidders
may arrange to obtain BidTender Document from Assistant General Manager
IDBI Bank Ltd NPA Management Group IDBI Complex Opp Muni Staff
Quarters Near Lal Bungalow Off CG Road Ahmedabad-380006 on any working
day between 1100 am to 400 pm on payment of non refundable fees of Rs100-
(Rupees one hundred Only) by a crossed Ac Payee Demand Draft Pay order drown
in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabad payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank
3 The Bidtender document can also be downloaded from IDBI website wwwidbicom
Those bidders preferring to download the Bid Tender Document shall have to furnish
the non refundable fees of Rs 100- as at 2 above at the time of submission of the
acceptance document with EMD
4 Interested parties can participate in the e-auction for one or multiple LOTS as they
desire Separate Bid Documents along with EMD to be submitted for each LOT
mentioning the LOT Number
5 Interested parties may contact undersigned or Shri Anand Saluja (T) 079-66072666
and Shri Maganlal Kamwal (T) 079-66072653 For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91-8866682937 Help Line e-mail
ID gujaratc1indiacom and supportbankeauctionscom
6 This publication is also ldquoFifteen daysrdquo notice required under Rule 9(1) of Security
Interest (Enforcement) Rules 2002 to borrowerguarantor to pay outstanding dues
7 The property is proposed to being sold is on ldquoAs is where is whatever there is and
without any recourse basisrdquo All statutory liabilities taxes 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 bidderpurchaser of
the property Bank does not take any responsibility to provide information on the
same
8 The sale will attract provisions of TDS as applicable under Section 194(1A) Income
Tax Act on culmination of sale depending on sale price
9 The successful bidder will be required to deposit 25 of Sale Price(less the amount of
EMD) at the time of confirmation of sale The Balance amount of the sale price is to
be paid within 15 days from the date of issue of letter of acceptance by IDBI or such
extended period as may be agreed in writing by AO
10 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the
amount due to the Bank in full before date of sale no sale will be conducted
11 The AO may permit inter se bidding among the qualified bidders The AO reserves
the right to accept or reject allany bids without assigning any reason In case all the
bids are rejected the AO reserves the right to sell the assets by any of the modes as
prescribed in the SARFAESI Act
12 For detailed information and terms and conditions of E- Auction please refer to
BidTender Document available
13 Earnest Money Deposit (EMD) will not carry any interest The AO may retain
EMD of top three bidders upto 3 months from the date of opening of the bids
14 The Auction shall be subject to detailed terms and conditions as available in the
Bid Documents
Date 21122018
Place Ahmedabad
Authorised Officer
IDBI Bank Ltd
The above notice was published in the following newspapers on December 21 2018
i) Business Standard - English- edition
ii) Sandesh - Gujarat edition
III BRIEF DESCRIPTION OF THE ASSETS OF
CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No
1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo
Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat
together with all buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture
land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs
along with internal road area admeasuring about 3499-85 Sq Mt aggregating the entire
NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava
of Gondal Taluka of Rajkot District Gujarat
9
IV OUTSTANDING DUES OF IDBI BANK - IN THE ACCOUNT OF MS
CHAMPION AGRO LIMITED AS ON February 01 2016
Nature of
Facility
Amount
Outstanding
(in Rs)
Overdue (in Rs)
Principal Interest Total
CC Limit 71002421974 550000000- 16002421974 71002421974
Total 71002421974 550000000- 16002421974 71002421974
Champion Agro Limited to repay Rs 71002421974 (Rs Seventy One crore Twenty
four thousand two hundred nineteen and seventy four paise only) towards the
outstanding dues in respect of the Lonas as on February 01 2016 together with further
interest and expenses thereon with effect from februrary 01 2016
10
V TERMS AND CONDITIONS
1 The Authorised Officer (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 assetsproperties mentioned at item No III (A to B) of
the Tender Document (hereinafter referred to as the Secured Assets) and the same are
being sold on ldquoAs is where is whatever there is and without any recourserdquo basis
2 Auction bidding shall only be through ldquoonline electronic moderdquo through the website of
the service provider httpsbankeauctionscom Ms C1 India Pvt Ltd Ahmedabad is
the Service Provider to arrange e - auction platform For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-mail
ID gujaratc1indiacom amp supportbankeauctionscom
3 Issue of Tender Offer Bid Document
The Tender Document along with offer Form is on sale from December 26 2018 to
January 07 2019 on any working day between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow
Ahmedabad- 380 006 on payment of non refundable fees of Rs100- (Rupees One hundred
Only) by a crossed Ac Payee Demand Draft Pay order drawn in favour of ldquoIDBI Bank Ltd-
Ac NMG Ahmedabadrdquo payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank
The bid document can also be downloaded from IDBI website wwwidbicom Those bidders
preferring to download the Bid Document shall have to furnish the non refundable fee of
Rs100- as mentioned above at the time of submission of the bid along with EMD Interested
parties can participate in the e-auction for one or multiple property as they desire
4
Reserve Price
The Reserve price for the sale of the Secured Assets is as under
Properties at LOT No 1 Rs 9720 lakh (Rupees Ninety Seven Lakh and twenty
thousand only)
Properties at LOT No 2 Rs 27265 lakh (Rupees Two hundred seventy two
lakh and sixty five thousand)
Earnest Money Deposit (EMD)
The EMD has been fixed at
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
5 The amount of EMD paid by the interested bidders shall carry no interest
6 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo
and lsquowithout recourserdquo basis The description of the immovable properties is based on
the mortgages created by the BorrowersMortgagors with the secured lenders from time
11
to time and the representations made by them The AO does not take or assume any
responsibility for any shortfall of the immovable assets or for procuring any permission
etc or for the dues of any authority established by law The purchaser shall bear the
applicable stamp dutiesadditional stamp dutytransfer charges fee etc and all statutory
liabilities charges for conveyanceTaxesmaintenance fee electricitywater 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 It is expressly made clear that the AO Bank
do not take any responsibility to provide information on the same The AO Bank does
not take or assume any responsibility for any dues statutory or otherwise of
1 Champion Agro Limited and its mortgagors and Guarantors
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 bornepaid by the purchaser
7 Inspection of assets
The interested parties may inspect the assets at their own cost on January 02 2019 from
11 am to 400 pm for LOT NO 1 to 2 in the presence of a representative of the AO
available at the site to facilitate the inspection
8 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
9 To the best of knowledge and information of Bank Authorized Officer no other
encumbrances exists on the stated properties However prospective bidders may peruse
the copies of title deeds available with Bank with prior appointment and also carry out
their own enquiries to satisfy themselves regarding encumbrances if any over the above
properties
10 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 himselfherself about the names descriptions particulars quantities qualities
specifications measurements boundaries and abuttals of the assetsproperties and that
the bidder concurs or otherwise admits the identity of the assetsproperties purchased by
himher notwithstanding any discrepancy or variation by comparison of the description
in the particulars of the assetsproperties and their condition
12
11 The Bidder shall not be entitled to receive re-imbursement of any expenses which may
have been incurred in preparation of the BidOffer for submission andor 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
12 Submission of TenderOffer
The Bidder shall complete in all respects the Offer form(s) 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
initial each page of the Offer Offers received for sale and or accepted are not
transferable
The Format for submission of Profile of the bidder are given in Chapter VI amp VII
respectively of this Tender Documents
The format Chapter VII is for Individuals and
The format Chapter VIII is Company Proprietorship Partnership firms
Bidders may fill in only the form relevant to them
13 The interested bidders shall submit their Bid along with EMD amp KYC documents (PAN
card amp Address proof) to the Authorised Officer at IDBI Bank Ltd After scrutinizing if
the bid documents are complete in all respect the eligible bidders shall receive user id
password on their valid email id (mandatory for e-auction) from the e-auction service
provider Ms C1 India Pvt Ltd Ahmedabad
14 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder
with the signature duly attested
15 The TenderOffer 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
16 The TenderOffer form 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
17 Last date for submission of TenderOffer Bid Document
The interested parties may submit Tender Offer Bid Document duly filled and signed
along with the required documents to the AO Shri Tarun Kumar Prasad Deputy General
Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow Ahmedabad- 380 006 not
later than 400 pm on January 07 2019 in a sealed cover containing a crossed Ac
Payee Demand DraftPay Order of
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
13
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
The DD PO should be drawn in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabadrdquo
payable at Ahmedabad issued by Nationalized Bank Scheduled Bank as Earnest Money
Deposit (EMD) which shall be superscribed ldquoEMD for Properties at LOT No ____rdquo
and the other sealed cover containing the Bid Document superscribed ldquoBid Document ndash
for Properties at LOT No ____rdquo Interested parties can participate in the e-auction for
one or multiple LOTS as they desire
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
Separate Bid Documents along with EMD to be submitted for each LOT
18 Only those bidders will be permitted to participate in the e -auction whose Tender Offer
Bid Document is complete in every respect and whose Demand DraftPay Order for
EMD is found to be in order well before the cut-off time Bank does not take any
responsibility and will not entertain any complaint - 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 Cost of Tender Document submitted by
them will be intimated by e-mail
19 Registration with E-Auction Service Provider
Participants who are not already registered with the e-auction provider Ms C1 India Pvt
Ltd Ahmedabad should register themselves by following the procedure mentioned at the
websitehttpswwwbankeauctionscom
The user id and password will be then sent directly to the registered participants
intending purchasers whose Bid Document is complete in every respect and whose
Demand DraftPay Order for EMD is found to be in order The documents with further
directions will be given by the e- auction provider company if any for log in and
participating in the auction through online process After receiving the userid
password in case any bidders feel the need for training e ndash auction support such
bidders may contact MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-
124-430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-
mail ID supportbankeauctionscom and gujaratc1indiacom
The bidders may be participating in e ndash auction for bidding from their place of choice and
internet connectivity shall have to be ensured by bidder himself The Bank AO e-auction
service provider will not be responsible for any error occurred due to power failure
computer hardware or software error network error etc at the time of e-auction
20 The e- auction day January 09 2019
Property Description E ndashAuction time
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
9 The successful bidder will be required to deposit 25 of Sale Price(less the amount of
EMD) at the time of confirmation of sale The Balance amount of the sale price is to
be paid within 15 days from the date of issue of letter of acceptance by IDBI or such
extended period as may be agreed in writing by AO
10 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the
amount due to the Bank in full before date of sale no sale will be conducted
11 The AO may permit inter se bidding among the qualified bidders The AO reserves
the right to accept or reject allany bids without assigning any reason In case all the
bids are rejected the AO reserves the right to sell the assets by any of the modes as
prescribed in the SARFAESI Act
12 For detailed information and terms and conditions of E- Auction please refer to
BidTender Document available
13 Earnest Money Deposit (EMD) will not carry any interest The AO may retain
EMD of top three bidders upto 3 months from the date of opening of the bids
14 The Auction shall be subject to detailed terms and conditions as available in the
Bid Documents
Date 21122018
Place Ahmedabad
Authorised Officer
IDBI Bank Ltd
The above notice was published in the following newspapers on December 21 2018
i) Business Standard - English- edition
ii) Sandesh - Gujarat edition
III BRIEF DESCRIPTION OF THE ASSETS OF
CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No
1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo
Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat
together with all buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture
land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs
along with internal road area admeasuring about 3499-85 Sq Mt aggregating the entire
NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava
of Gondal Taluka of Rajkot District Gujarat
9
IV OUTSTANDING DUES OF IDBI BANK - IN THE ACCOUNT OF MS
CHAMPION AGRO LIMITED AS ON February 01 2016
Nature of
Facility
Amount
Outstanding
(in Rs)
Overdue (in Rs)
Principal Interest Total
CC Limit 71002421974 550000000- 16002421974 71002421974
Total 71002421974 550000000- 16002421974 71002421974
Champion Agro Limited to repay Rs 71002421974 (Rs Seventy One crore Twenty
four thousand two hundred nineteen and seventy four paise only) towards the
outstanding dues in respect of the Lonas as on February 01 2016 together with further
interest and expenses thereon with effect from februrary 01 2016
10
V TERMS AND CONDITIONS
1 The Authorised Officer (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 assetsproperties mentioned at item No III (A to B) of
the Tender Document (hereinafter referred to as the Secured Assets) and the same are
being sold on ldquoAs is where is whatever there is and without any recourserdquo basis
2 Auction bidding shall only be through ldquoonline electronic moderdquo through the website of
the service provider httpsbankeauctionscom Ms C1 India Pvt Ltd Ahmedabad is
the Service Provider to arrange e - auction platform For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-mail
ID gujaratc1indiacom amp supportbankeauctionscom
3 Issue of Tender Offer Bid Document
The Tender Document along with offer Form is on sale from December 26 2018 to
January 07 2019 on any working day between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow
Ahmedabad- 380 006 on payment of non refundable fees of Rs100- (Rupees One hundred
Only) by a crossed Ac Payee Demand Draft Pay order drawn in favour of ldquoIDBI Bank Ltd-
Ac NMG Ahmedabadrdquo payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank
The bid document can also be downloaded from IDBI website wwwidbicom Those bidders
preferring to download the Bid Document shall have to furnish the non refundable fee of
Rs100- as mentioned above at the time of submission of the bid along with EMD Interested
parties can participate in the e-auction for one or multiple property as they desire
4
Reserve Price
The Reserve price for the sale of the Secured Assets is as under
Properties at LOT No 1 Rs 9720 lakh (Rupees Ninety Seven Lakh and twenty
thousand only)
Properties at LOT No 2 Rs 27265 lakh (Rupees Two hundred seventy two
lakh and sixty five thousand)
Earnest Money Deposit (EMD)
The EMD has been fixed at
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
5 The amount of EMD paid by the interested bidders shall carry no interest
6 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo
and lsquowithout recourserdquo basis The description of the immovable properties is based on
the mortgages created by the BorrowersMortgagors with the secured lenders from time
11
to time and the representations made by them The AO does not take or assume any
responsibility for any shortfall of the immovable assets or for procuring any permission
etc or for the dues of any authority established by law The purchaser shall bear the
applicable stamp dutiesadditional stamp dutytransfer charges fee etc and all statutory
liabilities charges for conveyanceTaxesmaintenance fee electricitywater 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 It is expressly made clear that the AO Bank
do not take any responsibility to provide information on the same The AO Bank does
not take or assume any responsibility for any dues statutory or otherwise of
1 Champion Agro Limited and its mortgagors and Guarantors
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 bornepaid by the purchaser
7 Inspection of assets
The interested parties may inspect the assets at their own cost on January 02 2019 from
11 am to 400 pm for LOT NO 1 to 2 in the presence of a representative of the AO
available at the site to facilitate the inspection
8 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
9 To the best of knowledge and information of Bank Authorized Officer no other
encumbrances exists on the stated properties However prospective bidders may peruse
the copies of title deeds available with Bank with prior appointment and also carry out
their own enquiries to satisfy themselves regarding encumbrances if any over the above
properties
10 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 himselfherself about the names descriptions particulars quantities qualities
specifications measurements boundaries and abuttals of the assetsproperties and that
the bidder concurs or otherwise admits the identity of the assetsproperties purchased by
himher notwithstanding any discrepancy or variation by comparison of the description
in the particulars of the assetsproperties and their condition
12
11 The Bidder shall not be entitled to receive re-imbursement of any expenses which may
have been incurred in preparation of the BidOffer for submission andor 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
12 Submission of TenderOffer
The Bidder shall complete in all respects the Offer form(s) 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
initial each page of the Offer Offers received for sale and or accepted are not
transferable
The Format for submission of Profile of the bidder are given in Chapter VI amp VII
respectively of this Tender Documents
The format Chapter VII is for Individuals and
The format Chapter VIII is Company Proprietorship Partnership firms
Bidders may fill in only the form relevant to them
13 The interested bidders shall submit their Bid along with EMD amp KYC documents (PAN
card amp Address proof) to the Authorised Officer at IDBI Bank Ltd After scrutinizing if
the bid documents are complete in all respect the eligible bidders shall receive user id
password on their valid email id (mandatory for e-auction) from the e-auction service
provider Ms C1 India Pvt Ltd Ahmedabad
14 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder
with the signature duly attested
15 The TenderOffer 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
16 The TenderOffer form 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
17 Last date for submission of TenderOffer Bid Document
The interested parties may submit Tender Offer Bid Document duly filled and signed
along with the required documents to the AO Shri Tarun Kumar Prasad Deputy General
Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow Ahmedabad- 380 006 not
later than 400 pm on January 07 2019 in a sealed cover containing a crossed Ac
Payee Demand DraftPay Order of
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
13
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
The DD PO should be drawn in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabadrdquo
payable at Ahmedabad issued by Nationalized Bank Scheduled Bank as Earnest Money
Deposit (EMD) which shall be superscribed ldquoEMD for Properties at LOT No ____rdquo
and the other sealed cover containing the Bid Document superscribed ldquoBid Document ndash
for Properties at LOT No ____rdquo Interested parties can participate in the e-auction for
one or multiple LOTS as they desire
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
Separate Bid Documents along with EMD to be submitted for each LOT
18 Only those bidders will be permitted to participate in the e -auction whose Tender Offer
Bid Document is complete in every respect and whose Demand DraftPay Order for
EMD is found to be in order well before the cut-off time Bank does not take any
responsibility and will not entertain any complaint - 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 Cost of Tender Document submitted by
them will be intimated by e-mail
19 Registration with E-Auction Service Provider
Participants who are not already registered with the e-auction provider Ms C1 India Pvt
Ltd Ahmedabad should register themselves by following the procedure mentioned at the
websitehttpswwwbankeauctionscom
The user id and password will be then sent directly to the registered participants
intending purchasers whose Bid Document is complete in every respect and whose
Demand DraftPay Order for EMD is found to be in order The documents with further
directions will be given by the e- auction provider company if any for log in and
participating in the auction through online process After receiving the userid
password in case any bidders feel the need for training e ndash auction support such
bidders may contact MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-
124-430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-
mail ID supportbankeauctionscom and gujaratc1indiacom
The bidders may be participating in e ndash auction for bidding from their place of choice and
internet connectivity shall have to be ensured by bidder himself The Bank AO e-auction
service provider will not be responsible for any error occurred due to power failure
computer hardware or software error network error etc at the time of e-auction
20 The e- auction day January 09 2019
Property Description E ndashAuction time
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
III BRIEF DESCRIPTION OF THE ASSETS OF
CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No
1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo
Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat
together with all buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture
land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs
along with internal road area admeasuring about 3499-85 Sq Mt aggregating the entire
NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava
of Gondal Taluka of Rajkot District Gujarat
9
IV OUTSTANDING DUES OF IDBI BANK - IN THE ACCOUNT OF MS
CHAMPION AGRO LIMITED AS ON February 01 2016
Nature of
Facility
Amount
Outstanding
(in Rs)
Overdue (in Rs)
Principal Interest Total
CC Limit 71002421974 550000000- 16002421974 71002421974
Total 71002421974 550000000- 16002421974 71002421974
Champion Agro Limited to repay Rs 71002421974 (Rs Seventy One crore Twenty
four thousand two hundred nineteen and seventy four paise only) towards the
outstanding dues in respect of the Lonas as on February 01 2016 together with further
interest and expenses thereon with effect from februrary 01 2016
10
V TERMS AND CONDITIONS
1 The Authorised Officer (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 assetsproperties mentioned at item No III (A to B) of
the Tender Document (hereinafter referred to as the Secured Assets) and the same are
being sold on ldquoAs is where is whatever there is and without any recourserdquo basis
2 Auction bidding shall only be through ldquoonline electronic moderdquo through the website of
the service provider httpsbankeauctionscom Ms C1 India Pvt Ltd Ahmedabad is
the Service Provider to arrange e - auction platform For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-mail
ID gujaratc1indiacom amp supportbankeauctionscom
3 Issue of Tender Offer Bid Document
The Tender Document along with offer Form is on sale from December 26 2018 to
January 07 2019 on any working day between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow
Ahmedabad- 380 006 on payment of non refundable fees of Rs100- (Rupees One hundred
Only) by a crossed Ac Payee Demand Draft Pay order drawn in favour of ldquoIDBI Bank Ltd-
Ac NMG Ahmedabadrdquo payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank
The bid document can also be downloaded from IDBI website wwwidbicom Those bidders
preferring to download the Bid Document shall have to furnish the non refundable fee of
Rs100- as mentioned above at the time of submission of the bid along with EMD Interested
parties can participate in the e-auction for one or multiple property as they desire
4
Reserve Price
The Reserve price for the sale of the Secured Assets is as under
Properties at LOT No 1 Rs 9720 lakh (Rupees Ninety Seven Lakh and twenty
thousand only)
Properties at LOT No 2 Rs 27265 lakh (Rupees Two hundred seventy two
lakh and sixty five thousand)
Earnest Money Deposit (EMD)
The EMD has been fixed at
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
5 The amount of EMD paid by the interested bidders shall carry no interest
6 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo
and lsquowithout recourserdquo basis The description of the immovable properties is based on
the mortgages created by the BorrowersMortgagors with the secured lenders from time
11
to time and the representations made by them The AO does not take or assume any
responsibility for any shortfall of the immovable assets or for procuring any permission
etc or for the dues of any authority established by law The purchaser shall bear the
applicable stamp dutiesadditional stamp dutytransfer charges fee etc and all statutory
liabilities charges for conveyanceTaxesmaintenance fee electricitywater 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 It is expressly made clear that the AO Bank
do not take any responsibility to provide information on the same The AO Bank does
not take or assume any responsibility for any dues statutory or otherwise of
1 Champion Agro Limited and its mortgagors and Guarantors
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 bornepaid by the purchaser
7 Inspection of assets
The interested parties may inspect the assets at their own cost on January 02 2019 from
11 am to 400 pm for LOT NO 1 to 2 in the presence of a representative of the AO
available at the site to facilitate the inspection
8 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
9 To the best of knowledge and information of Bank Authorized Officer no other
encumbrances exists on the stated properties However prospective bidders may peruse
the copies of title deeds available with Bank with prior appointment and also carry out
their own enquiries to satisfy themselves regarding encumbrances if any over the above
properties
10 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 himselfherself about the names descriptions particulars quantities qualities
specifications measurements boundaries and abuttals of the assetsproperties and that
the bidder concurs or otherwise admits the identity of the assetsproperties purchased by
himher notwithstanding any discrepancy or variation by comparison of the description
in the particulars of the assetsproperties and their condition
12
11 The Bidder shall not be entitled to receive re-imbursement of any expenses which may
have been incurred in preparation of the BidOffer for submission andor 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
12 Submission of TenderOffer
The Bidder shall complete in all respects the Offer form(s) 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
initial each page of the Offer Offers received for sale and or accepted are not
transferable
The Format for submission of Profile of the bidder are given in Chapter VI amp VII
respectively of this Tender Documents
The format Chapter VII is for Individuals and
The format Chapter VIII is Company Proprietorship Partnership firms
Bidders may fill in only the form relevant to them
13 The interested bidders shall submit their Bid along with EMD amp KYC documents (PAN
card amp Address proof) to the Authorised Officer at IDBI Bank Ltd After scrutinizing if
the bid documents are complete in all respect the eligible bidders shall receive user id
password on their valid email id (mandatory for e-auction) from the e-auction service
provider Ms C1 India Pvt Ltd Ahmedabad
14 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder
with the signature duly attested
15 The TenderOffer 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
16 The TenderOffer form 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
17 Last date for submission of TenderOffer Bid Document
The interested parties may submit Tender Offer Bid Document duly filled and signed
along with the required documents to the AO Shri Tarun Kumar Prasad Deputy General
Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow Ahmedabad- 380 006 not
later than 400 pm on January 07 2019 in a sealed cover containing a crossed Ac
Payee Demand DraftPay Order of
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
13
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
The DD PO should be drawn in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabadrdquo
payable at Ahmedabad issued by Nationalized Bank Scheduled Bank as Earnest Money
Deposit (EMD) which shall be superscribed ldquoEMD for Properties at LOT No ____rdquo
and the other sealed cover containing the Bid Document superscribed ldquoBid Document ndash
for Properties at LOT No ____rdquo Interested parties can participate in the e-auction for
one or multiple LOTS as they desire
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
Separate Bid Documents along with EMD to be submitted for each LOT
18 Only those bidders will be permitted to participate in the e -auction whose Tender Offer
Bid Document is complete in every respect and whose Demand DraftPay Order for
EMD is found to be in order well before the cut-off time Bank does not take any
responsibility and will not entertain any complaint - 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 Cost of Tender Document submitted by
them will be intimated by e-mail
19 Registration with E-Auction Service Provider
Participants who are not already registered with the e-auction provider Ms C1 India Pvt
Ltd Ahmedabad should register themselves by following the procedure mentioned at the
websitehttpswwwbankeauctionscom
The user id and password will be then sent directly to the registered participants
intending purchasers whose Bid Document is complete in every respect and whose
Demand DraftPay Order for EMD is found to be in order The documents with further
directions will be given by the e- auction provider company if any for log in and
participating in the auction through online process After receiving the userid
password in case any bidders feel the need for training e ndash auction support such
bidders may contact MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-
124-430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-
mail ID supportbankeauctionscom and gujaratc1indiacom
The bidders may be participating in e ndash auction for bidding from their place of choice and
internet connectivity shall have to be ensured by bidder himself The Bank AO e-auction
service provider will not be responsible for any error occurred due to power failure
computer hardware or software error network error etc at the time of e-auction
20 The e- auction day January 09 2019
Property Description E ndashAuction time
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
9
IV OUTSTANDING DUES OF IDBI BANK - IN THE ACCOUNT OF MS
CHAMPION AGRO LIMITED AS ON February 01 2016
Nature of
Facility
Amount
Outstanding
(in Rs)
Overdue (in Rs)
Principal Interest Total
CC Limit 71002421974 550000000- 16002421974 71002421974
Total 71002421974 550000000- 16002421974 71002421974
Champion Agro Limited to repay Rs 71002421974 (Rs Seventy One crore Twenty
four thousand two hundred nineteen and seventy four paise only) towards the
outstanding dues in respect of the Lonas as on February 01 2016 together with further
interest and expenses thereon with effect from februrary 01 2016
10
V TERMS AND CONDITIONS
1 The Authorised Officer (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 assetsproperties mentioned at item No III (A to B) of
the Tender Document (hereinafter referred to as the Secured Assets) and the same are
being sold on ldquoAs is where is whatever there is and without any recourserdquo basis
2 Auction bidding shall only be through ldquoonline electronic moderdquo through the website of
the service provider httpsbankeauctionscom Ms C1 India Pvt Ltd Ahmedabad is
the Service Provider to arrange e - auction platform For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-mail
ID gujaratc1indiacom amp supportbankeauctionscom
3 Issue of Tender Offer Bid Document
The Tender Document along with offer Form is on sale from December 26 2018 to
January 07 2019 on any working day between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow
Ahmedabad- 380 006 on payment of non refundable fees of Rs100- (Rupees One hundred
Only) by a crossed Ac Payee Demand Draft Pay order drawn in favour of ldquoIDBI Bank Ltd-
Ac NMG Ahmedabadrdquo payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank
The bid document can also be downloaded from IDBI website wwwidbicom Those bidders
preferring to download the Bid Document shall have to furnish the non refundable fee of
Rs100- as mentioned above at the time of submission of the bid along with EMD Interested
parties can participate in the e-auction for one or multiple property as they desire
4
Reserve Price
The Reserve price for the sale of the Secured Assets is as under
Properties at LOT No 1 Rs 9720 lakh (Rupees Ninety Seven Lakh and twenty
thousand only)
Properties at LOT No 2 Rs 27265 lakh (Rupees Two hundred seventy two
lakh and sixty five thousand)
Earnest Money Deposit (EMD)
The EMD has been fixed at
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
5 The amount of EMD paid by the interested bidders shall carry no interest
6 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo
and lsquowithout recourserdquo basis The description of the immovable properties is based on
the mortgages created by the BorrowersMortgagors with the secured lenders from time
11
to time and the representations made by them The AO does not take or assume any
responsibility for any shortfall of the immovable assets or for procuring any permission
etc or for the dues of any authority established by law The purchaser shall bear the
applicable stamp dutiesadditional stamp dutytransfer charges fee etc and all statutory
liabilities charges for conveyanceTaxesmaintenance fee electricitywater 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 It is expressly made clear that the AO Bank
do not take any responsibility to provide information on the same The AO Bank does
not take or assume any responsibility for any dues statutory or otherwise of
1 Champion Agro Limited and its mortgagors and Guarantors
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 bornepaid by the purchaser
7 Inspection of assets
The interested parties may inspect the assets at their own cost on January 02 2019 from
11 am to 400 pm for LOT NO 1 to 2 in the presence of a representative of the AO
available at the site to facilitate the inspection
8 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
9 To the best of knowledge and information of Bank Authorized Officer no other
encumbrances exists on the stated properties However prospective bidders may peruse
the copies of title deeds available with Bank with prior appointment and also carry out
their own enquiries to satisfy themselves regarding encumbrances if any over the above
properties
10 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 himselfherself about the names descriptions particulars quantities qualities
specifications measurements boundaries and abuttals of the assetsproperties and that
the bidder concurs or otherwise admits the identity of the assetsproperties purchased by
himher notwithstanding any discrepancy or variation by comparison of the description
in the particulars of the assetsproperties and their condition
12
11 The Bidder shall not be entitled to receive re-imbursement of any expenses which may
have been incurred in preparation of the BidOffer for submission andor 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
12 Submission of TenderOffer
The Bidder shall complete in all respects the Offer form(s) 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
initial each page of the Offer Offers received for sale and or accepted are not
transferable
The Format for submission of Profile of the bidder are given in Chapter VI amp VII
respectively of this Tender Documents
The format Chapter VII is for Individuals and
The format Chapter VIII is Company Proprietorship Partnership firms
Bidders may fill in only the form relevant to them
13 The interested bidders shall submit their Bid along with EMD amp KYC documents (PAN
card amp Address proof) to the Authorised Officer at IDBI Bank Ltd After scrutinizing if
the bid documents are complete in all respect the eligible bidders shall receive user id
password on their valid email id (mandatory for e-auction) from the e-auction service
provider Ms C1 India Pvt Ltd Ahmedabad
14 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder
with the signature duly attested
15 The TenderOffer 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
16 The TenderOffer form 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
17 Last date for submission of TenderOffer Bid Document
The interested parties may submit Tender Offer Bid Document duly filled and signed
along with the required documents to the AO Shri Tarun Kumar Prasad Deputy General
Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow Ahmedabad- 380 006 not
later than 400 pm on January 07 2019 in a sealed cover containing a crossed Ac
Payee Demand DraftPay Order of
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
13
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
The DD PO should be drawn in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabadrdquo
payable at Ahmedabad issued by Nationalized Bank Scheduled Bank as Earnest Money
Deposit (EMD) which shall be superscribed ldquoEMD for Properties at LOT No ____rdquo
and the other sealed cover containing the Bid Document superscribed ldquoBid Document ndash
for Properties at LOT No ____rdquo Interested parties can participate in the e-auction for
one or multiple LOTS as they desire
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
Separate Bid Documents along with EMD to be submitted for each LOT
18 Only those bidders will be permitted to participate in the e -auction whose Tender Offer
Bid Document is complete in every respect and whose Demand DraftPay Order for
EMD is found to be in order well before the cut-off time Bank does not take any
responsibility and will not entertain any complaint - 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 Cost of Tender Document submitted by
them will be intimated by e-mail
19 Registration with E-Auction Service Provider
Participants who are not already registered with the e-auction provider Ms C1 India Pvt
Ltd Ahmedabad should register themselves by following the procedure mentioned at the
websitehttpswwwbankeauctionscom
The user id and password will be then sent directly to the registered participants
intending purchasers whose Bid Document is complete in every respect and whose
Demand DraftPay Order for EMD is found to be in order The documents with further
directions will be given by the e- auction provider company if any for log in and
participating in the auction through online process After receiving the userid
password in case any bidders feel the need for training e ndash auction support such
bidders may contact MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-
124-430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-
mail ID supportbankeauctionscom and gujaratc1indiacom
The bidders may be participating in e ndash auction for bidding from their place of choice and
internet connectivity shall have to be ensured by bidder himself The Bank AO e-auction
service provider will not be responsible for any error occurred due to power failure
computer hardware or software error network error etc at the time of e-auction
20 The e- auction day January 09 2019
Property Description E ndashAuction time
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
10
V TERMS AND CONDITIONS
1 The Authorised Officer (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 assetsproperties mentioned at item No III (A to B) of
the Tender Document (hereinafter referred to as the Secured Assets) and the same are
being sold on ldquoAs is where is whatever there is and without any recourserdquo basis
2 Auction bidding shall only be through ldquoonline electronic moderdquo through the website of
the service provider httpsbankeauctionscom Ms C1 India Pvt Ltd Ahmedabad is
the Service Provider to arrange e - auction platform For endashauction support please
contact- MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-124-
430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-mail
ID gujaratc1indiacom amp supportbankeauctionscom
3 Issue of Tender Offer Bid Document
The Tender Document along with offer Form is on sale from December 26 2018 to
January 07 2019 on any working day between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow
Ahmedabad- 380 006 on payment of non refundable fees of Rs100- (Rupees One hundred
Only) by a crossed Ac Payee Demand Draft Pay order drawn in favour of ldquoIDBI Bank Ltd-
Ac NMG Ahmedabadrdquo payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank
The bid document can also be downloaded from IDBI website wwwidbicom Those bidders
preferring to download the Bid Document shall have to furnish the non refundable fee of
Rs100- as mentioned above at the time of submission of the bid along with EMD Interested
parties can participate in the e-auction for one or multiple property as they desire
4
Reserve Price
The Reserve price for the sale of the Secured Assets is as under
Properties at LOT No 1 Rs 9720 lakh (Rupees Ninety Seven Lakh and twenty
thousand only)
Properties at LOT No 2 Rs 27265 lakh (Rupees Two hundred seventy two
lakh and sixty five thousand)
Earnest Money Deposit (EMD)
The EMD has been fixed at
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
5 The amount of EMD paid by the interested bidders shall carry no interest
6 The sale of Secured Assets is on ldquoAs is where isrdquo ldquoAs is what is amp whatever there isrdquo
and lsquowithout recourserdquo basis The description of the immovable properties is based on
the mortgages created by the BorrowersMortgagors with the secured lenders from time
11
to time and the representations made by them The AO does not take or assume any
responsibility for any shortfall of the immovable assets or for procuring any permission
etc or for the dues of any authority established by law The purchaser shall bear the
applicable stamp dutiesadditional stamp dutytransfer charges fee etc and all statutory
liabilities charges for conveyanceTaxesmaintenance fee electricitywater 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 It is expressly made clear that the AO Bank
do not take any responsibility to provide information on the same The AO Bank does
not take or assume any responsibility for any dues statutory or otherwise of
1 Champion Agro Limited and its mortgagors and Guarantors
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 bornepaid by the purchaser
7 Inspection of assets
The interested parties may inspect the assets at their own cost on January 02 2019 from
11 am to 400 pm for LOT NO 1 to 2 in the presence of a representative of the AO
available at the site to facilitate the inspection
8 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
9 To the best of knowledge and information of Bank Authorized Officer no other
encumbrances exists on the stated properties However prospective bidders may peruse
the copies of title deeds available with Bank with prior appointment and also carry out
their own enquiries to satisfy themselves regarding encumbrances if any over the above
properties
10 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 himselfherself about the names descriptions particulars quantities qualities
specifications measurements boundaries and abuttals of the assetsproperties and that
the bidder concurs or otherwise admits the identity of the assetsproperties purchased by
himher notwithstanding any discrepancy or variation by comparison of the description
in the particulars of the assetsproperties and their condition
12
11 The Bidder shall not be entitled to receive re-imbursement of any expenses which may
have been incurred in preparation of the BidOffer for submission andor 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
12 Submission of TenderOffer
The Bidder shall complete in all respects the Offer form(s) 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
initial each page of the Offer Offers received for sale and or accepted are not
transferable
The Format for submission of Profile of the bidder are given in Chapter VI amp VII
respectively of this Tender Documents
The format Chapter VII is for Individuals and
The format Chapter VIII is Company Proprietorship Partnership firms
Bidders may fill in only the form relevant to them
13 The interested bidders shall submit their Bid along with EMD amp KYC documents (PAN
card amp Address proof) to the Authorised Officer at IDBI Bank Ltd After scrutinizing if
the bid documents are complete in all respect the eligible bidders shall receive user id
password on their valid email id (mandatory for e-auction) from the e-auction service
provider Ms C1 India Pvt Ltd Ahmedabad
14 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder
with the signature duly attested
15 The TenderOffer 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
16 The TenderOffer form 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
17 Last date for submission of TenderOffer Bid Document
The interested parties may submit Tender Offer Bid Document duly filled and signed
along with the required documents to the AO Shri Tarun Kumar Prasad Deputy General
Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow Ahmedabad- 380 006 not
later than 400 pm on January 07 2019 in a sealed cover containing a crossed Ac
Payee Demand DraftPay Order of
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
13
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
The DD PO should be drawn in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabadrdquo
payable at Ahmedabad issued by Nationalized Bank Scheduled Bank as Earnest Money
Deposit (EMD) which shall be superscribed ldquoEMD for Properties at LOT No ____rdquo
and the other sealed cover containing the Bid Document superscribed ldquoBid Document ndash
for Properties at LOT No ____rdquo Interested parties can participate in the e-auction for
one or multiple LOTS as they desire
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
Separate Bid Documents along with EMD to be submitted for each LOT
18 Only those bidders will be permitted to participate in the e -auction whose Tender Offer
Bid Document is complete in every respect and whose Demand DraftPay Order for
EMD is found to be in order well before the cut-off time Bank does not take any
responsibility and will not entertain any complaint - 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 Cost of Tender Document submitted by
them will be intimated by e-mail
19 Registration with E-Auction Service Provider
Participants who are not already registered with the e-auction provider Ms C1 India Pvt
Ltd Ahmedabad should register themselves by following the procedure mentioned at the
websitehttpswwwbankeauctionscom
The user id and password will be then sent directly to the registered participants
intending purchasers whose Bid Document is complete in every respect and whose
Demand DraftPay Order for EMD is found to be in order The documents with further
directions will be given by the e- auction provider company if any for log in and
participating in the auction through online process After receiving the userid
password in case any bidders feel the need for training e ndash auction support such
bidders may contact MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-
124-430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-
mail ID supportbankeauctionscom and gujaratc1indiacom
The bidders may be participating in e ndash auction for bidding from their place of choice and
internet connectivity shall have to be ensured by bidder himself The Bank AO e-auction
service provider will not be responsible for any error occurred due to power failure
computer hardware or software error network error etc at the time of e-auction
20 The e- auction day January 09 2019
Property Description E ndashAuction time
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
11
to time and the representations made by them The AO does not take or assume any
responsibility for any shortfall of the immovable assets or for procuring any permission
etc or for the dues of any authority established by law The purchaser shall bear the
applicable stamp dutiesadditional stamp dutytransfer charges fee etc and all statutory
liabilities charges for conveyanceTaxesmaintenance fee electricitywater 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 It is expressly made clear that the AO Bank
do not take any responsibility to provide information on the same The AO Bank does
not take or assume any responsibility for any dues statutory or otherwise of
1 Champion Agro Limited and its mortgagors and Guarantors
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 bornepaid by the purchaser
7 Inspection of assets
The interested parties may inspect the assets at their own cost on January 02 2019 from
11 am to 400 pm for LOT NO 1 to 2 in the presence of a representative of the AO
available at the site to facilitate the inspection
8 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
9 To the best of knowledge and information of Bank Authorized Officer no other
encumbrances exists on the stated properties However prospective bidders may peruse
the copies of title deeds available with Bank with prior appointment and also carry out
their own enquiries to satisfy themselves regarding encumbrances if any over the above
properties
10 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 himselfherself about the names descriptions particulars quantities qualities
specifications measurements boundaries and abuttals of the assetsproperties and that
the bidder concurs or otherwise admits the identity of the assetsproperties purchased by
himher notwithstanding any discrepancy or variation by comparison of the description
in the particulars of the assetsproperties and their condition
12
11 The Bidder shall not be entitled to receive re-imbursement of any expenses which may
have been incurred in preparation of the BidOffer for submission andor 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
12 Submission of TenderOffer
The Bidder shall complete in all respects the Offer form(s) 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
initial each page of the Offer Offers received for sale and or accepted are not
transferable
The Format for submission of Profile of the bidder are given in Chapter VI amp VII
respectively of this Tender Documents
The format Chapter VII is for Individuals and
The format Chapter VIII is Company Proprietorship Partnership firms
Bidders may fill in only the form relevant to them
13 The interested bidders shall submit their Bid along with EMD amp KYC documents (PAN
card amp Address proof) to the Authorised Officer at IDBI Bank Ltd After scrutinizing if
the bid documents are complete in all respect the eligible bidders shall receive user id
password on their valid email id (mandatory for e-auction) from the e-auction service
provider Ms C1 India Pvt Ltd Ahmedabad
14 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder
with the signature duly attested
15 The TenderOffer 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
16 The TenderOffer form 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
17 Last date for submission of TenderOffer Bid Document
The interested parties may submit Tender Offer Bid Document duly filled and signed
along with the required documents to the AO Shri Tarun Kumar Prasad Deputy General
Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow Ahmedabad- 380 006 not
later than 400 pm on January 07 2019 in a sealed cover containing a crossed Ac
Payee Demand DraftPay Order of
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
13
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
The DD PO should be drawn in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabadrdquo
payable at Ahmedabad issued by Nationalized Bank Scheduled Bank as Earnest Money
Deposit (EMD) which shall be superscribed ldquoEMD for Properties at LOT No ____rdquo
and the other sealed cover containing the Bid Document superscribed ldquoBid Document ndash
for Properties at LOT No ____rdquo Interested parties can participate in the e-auction for
one or multiple LOTS as they desire
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
Separate Bid Documents along with EMD to be submitted for each LOT
18 Only those bidders will be permitted to participate in the e -auction whose Tender Offer
Bid Document is complete in every respect and whose Demand DraftPay Order for
EMD is found to be in order well before the cut-off time Bank does not take any
responsibility and will not entertain any complaint - 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 Cost of Tender Document submitted by
them will be intimated by e-mail
19 Registration with E-Auction Service Provider
Participants who are not already registered with the e-auction provider Ms C1 India Pvt
Ltd Ahmedabad should register themselves by following the procedure mentioned at the
websitehttpswwwbankeauctionscom
The user id and password will be then sent directly to the registered participants
intending purchasers whose Bid Document is complete in every respect and whose
Demand DraftPay Order for EMD is found to be in order The documents with further
directions will be given by the e- auction provider company if any for log in and
participating in the auction through online process After receiving the userid
password in case any bidders feel the need for training e ndash auction support such
bidders may contact MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-
124-430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-
mail ID supportbankeauctionscom and gujaratc1indiacom
The bidders may be participating in e ndash auction for bidding from their place of choice and
internet connectivity shall have to be ensured by bidder himself The Bank AO e-auction
service provider will not be responsible for any error occurred due to power failure
computer hardware or software error network error etc at the time of e-auction
20 The e- auction day January 09 2019
Property Description E ndashAuction time
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
12
11 The Bidder shall not be entitled to receive re-imbursement of any expenses which may
have been incurred in preparation of the BidOffer for submission andor 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
12 Submission of TenderOffer
The Bidder shall complete in all respects the Offer form(s) 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
initial each page of the Offer Offers received for sale and or accepted are not
transferable
The Format for submission of Profile of the bidder are given in Chapter VI amp VII
respectively of this Tender Documents
The format Chapter VII is for Individuals and
The format Chapter VIII is Company Proprietorship Partnership firms
Bidders may fill in only the form relevant to them
13 The interested bidders shall submit their Bid along with EMD amp KYC documents (PAN
card amp Address proof) to the Authorised Officer at IDBI Bank Ltd After scrutinizing if
the bid documents are complete in all respect the eligible bidders shall receive user id
password on their valid email id (mandatory for e-auction) from the e-auction service
provider Ms C1 India Pvt Ltd Ahmedabad
14 The TenderOffer shall be signed by a person or persons duly authorized by the Bidder
with the signature duly attested
15 The TenderOffer 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
16 The TenderOffer form 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
17 Last date for submission of TenderOffer Bid Document
The interested parties may submit Tender Offer Bid Document duly filled and signed
along with the required documents to the AO Shri Tarun Kumar Prasad Deputy General
Manager IDBI Bank Ltd Off C G Road Near Lal Bungalow Ahmedabad- 380 006 not
later than 400 pm on January 07 2019 in a sealed cover containing a crossed Ac
Payee Demand DraftPay Order of
Properties at LOT No 1 Rs 10 lakh (Rupees Ten lakh only)
13
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
The DD PO should be drawn in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabadrdquo
payable at Ahmedabad issued by Nationalized Bank Scheduled Bank as Earnest Money
Deposit (EMD) which shall be superscribed ldquoEMD for Properties at LOT No ____rdquo
and the other sealed cover containing the Bid Document superscribed ldquoBid Document ndash
for Properties at LOT No ____rdquo Interested parties can participate in the e-auction for
one or multiple LOTS as they desire
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
Separate Bid Documents along with EMD to be submitted for each LOT
18 Only those bidders will be permitted to participate in the e -auction whose Tender Offer
Bid Document is complete in every respect and whose Demand DraftPay Order for
EMD is found to be in order well before the cut-off time Bank does not take any
responsibility and will not entertain any complaint - 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 Cost of Tender Document submitted by
them will be intimated by e-mail
19 Registration with E-Auction Service Provider
Participants who are not already registered with the e-auction provider Ms C1 India Pvt
Ltd Ahmedabad should register themselves by following the procedure mentioned at the
websitehttpswwwbankeauctionscom
The user id and password will be then sent directly to the registered participants
intending purchasers whose Bid Document is complete in every respect and whose
Demand DraftPay Order for EMD is found to be in order The documents with further
directions will be given by the e- auction provider company if any for log in and
participating in the auction through online process After receiving the userid
password in case any bidders feel the need for training e ndash auction support such
bidders may contact MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-
124-430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-
mail ID supportbankeauctionscom and gujaratc1indiacom
The bidders may be participating in e ndash auction for bidding from their place of choice and
internet connectivity shall have to be ensured by bidder himself The Bank AO e-auction
service provider will not be responsible for any error occurred due to power failure
computer hardware or software error network error etc at the time of e-auction
20 The e- auction day January 09 2019
Property Description E ndashAuction time
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
13
Properties at LOT No 2 Rs 28 lakh (Rupees Twenty Eight Lakh only)
The DD PO should be drawn in favour of ldquoIDBI Bank Ltd- Ac NMG Ahmedabadrdquo
payable at Ahmedabad issued by Nationalized Bank Scheduled Bank as Earnest Money
Deposit (EMD) which shall be superscribed ldquoEMD for Properties at LOT No ____rdquo
and the other sealed cover containing the Bid Document superscribed ldquoBid Document ndash
for Properties at LOT No ____rdquo Interested parties can participate in the e-auction for
one or multiple LOTS as they desire
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
Separate Bid Documents along with EMD to be submitted for each LOT
18 Only those bidders will be permitted to participate in the e -auction whose Tender Offer
Bid Document is complete in every respect and whose Demand DraftPay Order for
EMD is found to be in order well before the cut-off time Bank does not take any
responsibility and will not entertain any complaint - 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 Cost of Tender Document submitted by
them will be intimated by e-mail
19 Registration with E-Auction Service Provider
Participants who are not already registered with the e-auction provider Ms C1 India Pvt
Ltd Ahmedabad should register themselves by following the procedure mentioned at the
websitehttpswwwbankeauctionscom
The user id and password will be then sent directly to the registered participants
intending purchasers whose Bid Document is complete in every respect and whose
Demand DraftPay Order for EMD is found to be in order The documents with further
directions will be given by the e- auction provider company if any for log in and
participating in the auction through online process After receiving the userid
password in case any bidders feel the need for training e ndash auction support such
bidders may contact MS C1 India Pvt Ltd Tel Help Line No079-40007543+91-
124-430202021222324 Mr Bhavik Pandya Ph +91 8866682937 Help Line e-
mail ID supportbankeauctionscom and gujaratc1indiacom
The bidders may be participating in e ndash auction for bidding from their place of choice and
internet connectivity shall have to be ensured by bidder himself The Bank AO e-auction
service provider will not be responsible for any error occurred due to power failure
computer hardware or software error network error etc at the time of e-auction
20 The e- auction day January 09 2019
Property Description E ndashAuction time
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
14
LOT Nos 1 to 2 1100 am to 100 pm
(Subject to unlimited extensions of 5
minutes each as explained herein below)
Interested bidders who have been found to eligible and submitted their refundable amp
non interest bearing EMD before the last date mentioned shall be eligible for
participating in the e- bidding process
Online Auction shall be held primarily for a period Two hours on e-auction platform
at website httpsbankeauctionscom subject to the condition that if a bidder places a
bid in the last 5 minutes of closing of the E-auction and if that bid gets accepted then the
auctionrsquos duration shall get extended automatically by the system for another 5 minutes
for the entire auction (ie for all the items in the auction) from the time that bid comes
in Please note that the auto-extension will take place only if a bid comes in those
last 5 minutes and if that bid is valid bid in terms of e-auction notice published and
this Tender document If such valid bid is not received in the said last 5 minutes the
auto-extension will not take place and the E-auction shall get closed automatically
without any further extension and the last highest bid received would be treated as the
successful bid and auction would be treated as concluded subject to acceptance and
approval of the Bid by the Authorised Officer Necessary communication in this regard
shall be sent in writing by the Authorised Officer to the successful Bidder
It is suggested that the bidders do not wait till the last minutes to enter their bid during
the auto-extension period to avoid complications related with internet connectivity
network problems system crash down power failure etc
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 Rs25000- for ALL LOTS First bid should be of at
least equal to Reserve Price or increment(s) over the Reserve Price in multiples as above
21 AO reserves the right to retain the EMD of top three bids upto three months from the
date of e -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 e-auction or till further extension
of time as may be approved by the AO
22 EMD shall be forfeited if the party whose offerbid is finally accepted defaults in
making the balance payment in terms of the conditions of sale amp completing other sale
formalities within the due date If however the sale is completed within the specified
time limit the EMD shall be adjusted towards final sale price The EMD will not
however carry any interest Late bids ie bids received after the specified date amp time of
receipt and bids not accompanied by EMD will not be considered Further the EMD of
bidder shall be forfeited if heshe fails to participate in the E Auction to be held on
09-01-2019
23 Payment of Sale Price
The successful bidder would be informed in writing about the acceptance of hisher
bidoffer by the AO and will be required to deposit 25 of the sale price (less the
amount of EMD) within 3 days from the date of letter e- mail intimating acceptance of
hisher bid by crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
15
Bank Ltd- Ac NMG Ahmedabadrdquo LOT No___ payable at Ahmedabad issued by
Nationalized Bank Scheduled Bank
The balance 75 of the sale price on before 15th day of intimating acceptance of hisher bid
by way of crossed Ac Payee Demand DraftPay Order drawn in favour of IDBI Bank
Ltd- IDBI Bank Ltd- Ac NMG Ahmedabadrdquondash LOT No ___ payable at Ahmedabad
issued by Nationalized Bank Scheduled Bank or within such extended period as may be
agreed in writing by and solely at the discretion of the Authorised Officer
Earnest Money Deposit (EMD) can be also deposited through RTGSNEFTFund Transfer to
the Credit of Ac No 37537000010052 Ac Name IDBI Bank Specialised Corporate Branch
IFSC Code IBKL0000375
24 In case of default in payment by the successful bidder the amount already deposited by
the offerer shall be liable to be forfeited and the defaulting purchaser shall have no
claimright in respect of propertyamount
25 The defaulting successful bidder shall forfeit all claims to the assets or to any part of the
sum for which it may be subsequently sold
26 In the event of the successful bidder failing to pay the consideration amount within the
time schedule stipulated the AO reserves the right to resell the assets to the secondthird
highest bidder in the above manner who shall also be treated as the successful bidder
mentioned in clauses 13 to 22 above and further in terms of this Bid Document or such
extended period as may be agreed upon in writing by AO on request of successful
bidder in any case extended period should not exceed 3 months
27 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 property in favour of the purchaser as per the format provided in the Security
Interest (Enforcement) Rules 2002
28 The successful Bidder shall after making full payment of sale price within 15 days of
acceptance of bidoffer or such extended period as may be granted by the AO 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 hisher 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 andor 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
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
16
29 The purchaser will be required to bear all the necessary expenses like stamp duty
registration expenses etc for transfer of assets in hisher 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 hisher 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 hertheir
name Bank does not take any responsibility to provide information on the same
30 The EMD received from unsuccessful bidders will be refunded to them without any
interest promptly
31 The submission of the BidOffer means and implies that the BidderOfferer has
unconditionally and irrevocably agreed to and accepted all the above terms and
conditions of the BidOffer laid down herein
32 The time hereinabove fixed for the observance and performance by the bidder of any of
the obligations to be observed by himher under these conditions is and shall be deemed
to be of the essence
33 General Terms and Conditions
The AO shall be at liberty to amendmodifydeletedrop any of the above terms and
conditions as may be deemed necessary in the light of the facts and circumstances
34 The entire procedure of e ndash auction the sequence of inter-se bidding etc shall be at the
sole and absolute discretion of the AO and subsequent to e-auction AO at his discretion
may conduct inter-se bidding among the top 3 bidders and the intending bidders shall
have no right whatsoever to object to the same
35 The AO reserves the right and liberty to acceptreject any or all the BidsOffers and also
reserves the right to postpone 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 hisher bid the AO at her sole and
absolute discretion reserves the right to go for re-bidding or sell the assets by any of the
modes as prescribed in the SARFAESI Act including sale by negotiation with any of the
bidders andor other parties by private treaty and the Bidders shall have no right to object
to the same
36 In the event the said sale in favour of the bidder not being confirmed by AO otherwise
than on account of the wilful default of the bidder or if the sale is set aside by an order of
the CourtTribunal then in that event the sale shall be void and the bidder shall in that
event be entitled only to receive back hisher Earnest Money Deposit (EMD) or purchase
money as the case may be but without interest and the bidder shall not be entitled to be
paid his costs charges and expenses of and incidental to the said sale and investigation
of title or any other costs incurred by himher
37 The Bank is not liable to pay any interest or to refund EMD or any other payment
received in case of any delay in issue of confirmation of sale sale certificate by virtue of
any court order received by the Bank after e-auction is held
38 Offers received for sale and or accepted are not transferable
39 Bids once made shall not be cancelled or withdrawn All bids made from the user ID
given to bidder will be deemed to have been made by him only
40 All bidders shall be deemed to have read and understood the terms and conditions of sale
and be bound by them Particulars specified above has been stated to the best of
knowledge and information of AOBankAOBank shall not be answerable for any
errors misstatement or omission of this public notice
41 Notwithstanding anything stated elsewhere in this Tender Document the AO reserves
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
17
the right to call off the sale process at any point of time without assigning any reasons
42 The sale is subject to confirmation by the Bank If the borrowerguarantor pays the amount due
to the Bank in full before date of sale no sale will be conducted
43 Jurisdiction
All disputes arising amongst the parties shall be adjudicated according to Indian Law
and the Courts in Ahmedabad shall have the exclusive jurisdiction to entertain
adjudicate such disputes
VI BRIEF DETAILS OF TENDEROFFER DOCUMENT
TENDEROFFER FORM FOR PURCHASE OF SECURED
ASSETS OF CHAMPION AGRO LIMITED
Property Description
LOT 1
All those part and parcel of the immovable property consisting of open land of Plot No 1 23
49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum Residencyrdquo Survey No
315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot District Gujarat together with all
buildings and structures thereon
LOT 2
All those pieces and parcels of immovable property consist of open Non-agriculture land
consisting of Plot No 1 to 16 collectively admeasuring about 10828-08 Sq Mtrs along with
internal road area admeasuring about 3499-85 Sq Mt aggregating the entire NA land
admeasuring about 15580-00 Sq Mt of Survey No 122 of Village Bhunava of Gondal
Taluka of Rajkot District Gujarat
1 Issue of
BidOffer
Document
The Tender Document along with offer Form is on sale from
December 26 2018 to January 07 2019 on any working day
(except Holiday) between 1100 am to 400 pm and can be obtained
from Shri Anand Saluja Manager IDBI Bank Ltd NPA Management
Group IDBI Complex Opp Muni Staff Quarters Near Lal
Bunglow Off CG Road Ahmedabad-380006 on payment of non
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
18
refundable fees of Rs100- (Rupees One hundred Only) by a
crossed Ac Payee Demand Draft Pay order drawn in favour of
ldquoIDBI Bank Ltd- Ac Ms NMG Ahmedabad Lot No ______
payable at Ahmedabad issued by Nationalized Bank Scheduled
Bank or by crediting Ac No 37537000010052 Ac Name IDBI
Bank Specialised Corporate Branch IFSC Code IBKL0000375
The bid document can also be downloaded from IDBI website
wwwidbicom Those bidders preferring to download the Bid Document
shall have to furnish the non refundable fee of Rs100- as mentioned
above at the time of submission of the bid along with EMD
2 Cost of the
TenderOffer
Document
Rs 100- (Rupees One hundred Only)
3 Last Date and
time for
submission of
Tender
Document
together with
EMD
January 07 2019 up to 400 pm
4 Place Date
and time of
E-Auction
Place e-auction platform at website
httpswwwbankeauctionscom
Date January 09 2019
E ndashAuction time
1100 amto 0100 pm
Subject to unlimited extensions of
5 minutes each as explained in
point no 20
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
19
Form No
VII FORMAT FOR SUBMISSION OF
PROFILE OF THE BIDDER- INDIVIDUAL
For purchase of property(Please tick the appropriate LOT No and Sign on right)
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 iii) Full Name of the
BidderOfferer
(in Block letters)
b) Complete Postal Address with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
2 Brief particulars of business (if
any)
3 Relationship if any the
BidderOfferer has with any
employee of IDBI Bank Ltd
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
20
4 Name and particulars of the
CompanyFirmPerson in whose
name the Secured
Assetsproperty are to be
purchased
5 Details of Purchase of Tender
Document of Rs100-(for each
LOT)
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
6 Details of Earnest Money
Deposit (EMD)
for Lot_____
Demand Draft No
Pay Order No
Date of Demand Draft
Pay Order
Name of the issuing
Bank and Branch
7 Income Tax Permanent Account
Number(s) (PAN) of Bidder
Offerer
Each and every information and documents to be submitted is mandatory
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorized Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature of the duly authorized official of the BidderOfferer
Place
Date
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
21
Form No
VIII FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER
COMPANY PARTNERSHIP PROPRIETORSHIP
For purchase of property(Please tick the appropriate LOT No and Sign on right )
LOT 1 All those part and parcel of the immovable property consisting of open land of
Plot No 1 23 49 50 and 72 collectively admeasuring 2435-86 Sq Mt of ldquoAum
Residencyrdquo Survey No 315 Paiki of Village Kothariya of Rajkot Taluka of Rajkot
District Gujarat together with all buildings and structures thereon
LOT 2 All those pieces and parcels of immovable property consist of open Non-
agriculture land consisting of Plot No 1 to 16 collectively admeasuring about 10828-08
Sq Mtrs along with internal road area admeasuring about 3499-85 Sq Mt aggregating
the entire NA land admeasuring about 15580-00 Sq Mt of Survey No 122 of Village
Bhunava of Gondal Taluka of Rajkot District Gujarat
(To be filled and submitted by the BidderOfferer)
1 a) Name of the Company Firm Party
(in Block letters)
b) Complete Registered Address
c) Complete Correspondence Address
with PIN Code Telephone Nos
Fax Nos Website etc
2 Date of Incorporation
3 Constitution (PrivatePublicJoint)
4 Name of Chairman
5 Name of Managing Director Partners
6 Board of Directors a)
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
22
b)
c)
d)
e)
f)
7 Income tax PAN No
(attested copy of PAN card of the
company to be attached)
8 Date of Last Income Tax Return
(Enclose copy of last 3 years Income
Tax clearance certificate)
9 a) Full Name of the Authorized Person
to carry out e- auction on behalf of the
companyfirm party (in Block letters)
(Original Authorised letter to be
attached to carry out the e-auction
process)
b) Complete Postal Address of the
Authorise person with
PIN Code Telephone Nos
Fax Nos Website etc
c) Mobile Nos
d) E-mail ID
10 Designation of the Authorised Person
11 Relationship if any the BidderOfferer
has with any employee of IDBI Bank
Ltd
12 Details of Purchase of Tender
Document of Rs100- (for property at
LOT No )
i) Form No
ii) Demand Draft No
Pay Order No
iii) Date of Demand Draft
Pay Order
iv) Name of the issuing
Bank and Branch
13 Details of Earnest Money
Deposit (EMD) of Rs______ for Lot
No ___________
i) Demand Draft No
Pay Order No
ii) Date of Demand Draft
Pay Order
iiii) Name of the issuing
Bank and Branch
14 Income Tax Permanent Account
Number(s) (PAN) of the Authorized
person
Each and every information and documents to be submitted is mandatory All
authorizations should be annexed to this form
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
23
IWe have read and understood the detailed terms and conditions of the sale
and have also read perused and understood all the relevant papers and have carried out
myour own due diligence In case any information is found to be incorrect incomplete
IWe shall not hold the Authorised Officer or secured lenders responsible for the same
and shall not have any claim whatsoever against either of them
Signature Designation
Name of the Authorized Person Company Seal
IX FORM OF APPENDIX TO THE BIDOFFER
(DECLARATION BY THE BIDDER)
(ON STAMP PAPER OF RS100-)
FORM OF BIDOFFER
(Note This Appendix forms part of the BidOffer)
To
Authorised Officer
IDBI Bank Ltd
NMG Ahmedabad
IDBI Complex1st floor
Opp Munistaff Quarters
Near Lal Bunglow
Off C G road
Ahmedabad -380006
Sir
Sale of Secured Assets Property at Lot NO ________________
Description of the Property at Lot No ________________
1 Having fully examined and understood the terms and conditions of the Tender Document
and condition and status of the Secured Assetsproperty IWe offer to purchase the said
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
24
Secured Assets strictly in conformity with the terms and conditions of this TenderOffer
Document
2 IWe understand that if myour BidOffer is accepted IWe shall be responsible for the
due observance and performance of the terms and conditions of the TenderOffer and
acquire the Secured Assetproperty If IWe fail to execute and perform the terms and
conditions when called upon to do so the Earnest Money Deposit (EMD) shall be
forfeited
IWe further understand that if myour BidOffer is accepted and if Iwe fail to deposit
the balance amount of 75 of the sale consideration (after having paid 25 of the sale
consideration) by the stipulated date the said amount of 25 of the sale consideration
(including Earnest Money Deposit) or any further amounts paid by meus shall also be
forfeited as laid down in the terms and conditions of the Bid Document
IWe further understand that if myour BidOffer is accepted after making full payment
of the sale price within 15 days of acceptance of bidoffer or such extended period as may
be granted by the AO at her sole and absolute discretion Iwe shall arrange to take
possession of the secured assets within a maximum of 30 days IWe understand 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 We further understand that in the event IWe fail
to take possession of the Secured Assets as stated above the AO reserves the right to
revoke the sale confirmed in myour favour and forfeit the entire amount paid by meus
and Iwe shall have no claims on the secured assets or to any amounts for which it may
be subsequently sold
3 IWe clearly understand and accept that the Authorized Officer or the secured lenders do
not take or assume any responsibility for any dues statutory or otherwise of Properties
intended to be purchased by me at Lot No _________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
bornepaid by meus in case myour Bidoffer is accepted
4 IWe understand that you are not bound to accept the highest or any BidOffer you may
receive Further Iwe will not raise any objection in case the Authorised Officer goes for
re-bidding or sell the assets by any of the modes as prescribed in the SARFAESI Act
including sale by negotiation with any of the bidders andor other parties by private
treaty
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page
25
5 IWe understand that time is the essence for completing the acquisition formalities of the
Secured Assetsproperty and Iwe agree and undertake to abide by it
6 IWe also enclose a Demand DraftPay Order of value Rs __________
(Rs________________________________ ) towards Earnest Money Deposit (EMD) in
the name of IDBI Bank Ltd-NMG Ahmedabadrdquo Lot No _______ payable at
Ahmedabad
7 We understand that the EMD will not carry any interest
8 We understand that the BidOffer should be unconditional and BidOffer having
conditions contrary to the terms and conditions of the TenderOffer document can be
summarily rejected
9 I We agree that the sale will be on 1049438As is where is and what is there is basis and non recourse basis1049438 IDBI Bank does not provide any guarantee andor warranty in respect of the immovable properties The Principle of Caveat Emptor is applicable Any mistake in the notice inviting tender shall not vitiate the sale
Place
Dated ___ day of _________2019
Signature helliphelliphelliphelliphelliphelliphelliphelliphellip in the capacity of
Duly authorised to sign BidOffer for and on behalf of
(Enclosures)
(i) DDPay Order No__________ Dated __________ (ii)Drawn On Bank _______________ Payable at __________ (ii) Address Proof ______________ (iv) A copy of the tender-cum-auction document duly signed by the tenderer on every page