THE COSMOS CO-OP. BANK
(Multistate Scheduled Bank)
Mumbai Regional Office: Horizon Building, 1st
Floor, Ranade Road & Gokhale Road Junction, Gokhale Road
(North), Dadar (West), Mumbai – 400 028.
E-AUCTION SALE NOTICE UNDER SARFAESI ACT, 2002
The Authorised Officer of The Cosmos Co-Operative Bank Ltd., has
decided to sale the possessed Immovable property of the defaulter
borrower company as mentioned herein below under the Securitisation &
Reconstruction of Financial Assets & Enforcement of Security
Interest Act, 2002 on “As is where
is basis & as is what is basis and whatever there is”
by Inviting Tenders.
M/S. CONTROL AUTOMATION PROJECTS PVT.
Office at:– 104,
Alpine Industrial Estate, Marol Military Road , Andheri (E), Mumbai –
1) Mr. Sanjay Atmaram Sane (Director)
2) Mrs. Roshan Sanjay Sane (Director)
3) Mr. Romir Sanjay Sane
4) Mr. Vishwas Atmaram Sane
5) Mr. Rajeshkumar Manikchand Shukla
Notice Date:- 20.12.2016 Amount Rs. Rs.9,21,40,859.46
+Further Interest Thereon
Outstanding balance as on dt-31.07.2019
Rs. 5,32,07,017.79 + Further Interest Thereon
Date :- 18.08.2018 (Physical Possession)
Auction Sale/bidding would be
conducted only through website
On 17.09.2019 between 1.00 pm to 2.00 pm with unlimited extensions
of 5 in each.
immovable property Reserve Price is Rs. 2,27,00,000/-( Rupees Two
Crore Twenty Seven Lakhs Only) and Earnest Money Deposit ( EMD) is
Rs. 22,70,000/- (Rupees Twenty Two Lakhs Seventy Thousand Only).
OF IMMOVABLE PROPERTY
that piece and parcel of Industrial premises as detailed below:
the abvoesaid Galas/Units which are situated in the building known as
“Alpine Industrial Premises Co.Op.Soc.Ltd Standing on the piece of
land situated at Marol Military Road bearing its CTS no. 295 of
village Marol situate at Andheri (East), Mumbai within Registration
District and Sub Registration District of Mumbai City and Mumbai
Suburban and with limits of Greater Mumbai Municipal Corporation. All
the said Industrial Units / Galas together with the exclusive right
to the land appurtenant and common areas and facilities and together
with the membership and share certificate to the respective
Units/Galas also with fittings, fixtures and right of ways,
easements, parking and proportionate right in the land under the
The above Units/Galas shall be sold on “As is where is basis & as is what is basis and whatever there is” and not to be sold below the Reserve Price mentioned as above.
The sale is for above mentioned immovable property only & it is not inclusive of any movable assets lying
submitting quotation, for the information of said Sale/Auction, its
Terms & Conditions, Bid form and procedure of submission of
Bid/Offer, please contact on above address or number.
Submitting the Bids Bidders should satisfy themselves from the
undersigned about the rights, title, interest & dues payable by
them in respect of the properties in question and later on no
objection of any kind shall be entertained in this regard.
Applicable Stamp Duty/ Additional Stamp Duty/ Transfer and
Registration Charges, Fees etc. have to be borne by the purchaser
statutory/non statutory dues, taxes, rates, assessments, charges,
fees, claims etc. pertaining to above property will be the
responsibility of the purchaser only.
7) The outstanding maintenance
charges of the society of Rs.14.00 Lakhs (Approx.) of above mentioned
secured assets borne by prospective buyers/purchasers only.
Bidders may avail training for online bidding from M/s. e-Procurement
Technologies. Ltd., A-801, Wall Street – 2, Opp. Orient Club, Near
Gujarat College, Ellis Bridge, Ahmedabad-380006, Gujarat.: 079-40230
810/811/804/; Contact Persons: Mr. Vijay Shetty Mobile- +919619002431
email: email@example.com, Mr. Manoj Deware Mobile- +91
6351896832, email: firstname.lastname@example.org;
email@example.com, Landline No. 079-40230813 to 820.
and KYC should reach the undersigned on or before 16.09.2019 before
6.00 P.M. The Bidder has right to
increase his “Bid incremental value
of said property will be Rs 2,00,000/-” during the time of auction.
successful Bidder shall deposit 25% of the Bid amount (Including EMD
before Bid) immediately within next working day after sale, if the
successful bidder fails to pay 25% amount within the time prescribed
herein above, the EMD shall be forfeited without any Notice. After
deposit of 25% and thereafter confirming the sale by the Authorised
Officer, the Bidder shall have to pay remaining amount i.e. 75% of
the bid amount on or before 15 days from the receipt of the
acceptance/confirmation letter or within such extended period allowed
by the Authorised Officer. If the remaining amount not paid within
the time prescribed in the confirmation/acceptance letter, the total
amount deposited would be forfeited without any notice and property
shall be resold.
11) Earnest Money Deposit (EMD) shall be
deposited through RTGS/NEFT fund transfer to credit of The Cosmos
Co.Op. Bank Ltd ”Auction EMD Account” No. COS370219, IFSC Code:
COSB0000012, for inspection of the property OR any information please
contact to Mobile No.9960974848/8975758517/9322480888 , Mumbai
Regional Office, Dadar, Mumbai – 400028.
12) The EMD
amount of unsuccessful bidder will be returned on closure of the
E-Auction/Sale Proceeding. The EMD amount shall not carry any
13) For Inspection of subject property will
be open on 28.08.2019 & 04.09.2019 between 11.00 a.m. To 5.00
Authorized Officer has absolute right to accept or reject any or all
offer(s) or adjourn/postpone/cancel the auction without assigning any
sale certificate will be issued in the name of the
purchaser(s)/applicant (s) only and will not be issued in any other
sale shall be subject to rules/conditions prescribed under the
Securitization and Reconstruction of Financial Assets and Enforcement
of Security Interest Act, 2002.
sale is subject to confirmation by the Authorised Officer.
This notice also be considered as a 15 days’
notice to the Borrower Company & Directors/Guarantors of the said
loan about holding of public auction sale on the above mentioned date
if the dues are not repaid in full before the date of public auction.
SPECIAL INSTRUCTION & CAUTION
Bidding in the last minutes/seconds should be avoided by the bidders
in their own interest. Neither Cosmos bank nor the service provider
will be responsible for any lapses/failure (internet failure, power
failure etc.) on the part of the vendor in such cases. In order to
ward off such contingent situation, the bidders are requested to make
all the necessary arrangements/alternatives such as back –up power
supply and whatever else required so that they are able to circumvent
such situation and are able to participate in the auction