Capri Global Capital Limited
Sale Notice through E-Auction under the Securitisation and Reconstruction of Financial
Assets and Enforcement of Securities Interest Act, 2002 (The Act)
E-Auction Sale Notice for Sale of Immovable Assets under the Securitisation and
Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with
proviso to Rule 8 (6) of the Security Interest (Enforcement) Rules, 2002 Notice is hereby
given to the public in general and in particular to the Borrower (s) and Guarantor (s) that the
below described immovable property mortgaged/charged to the Secured Creditor, the
Constructive/physical possession of which has been taken by the Authorised Officer of Capri
Global Capital Limited Secured Creditor, will be sold on “As is where is”, “As is what is”, and
“Whatever there is” on dates below mentioned, for recovery of amount mentioned below
due to the Capri Global Capital Limited Secured Creditor from Borrower mentioned below.
The reserve price, EMD amount and property details mentioned below.
Borrower/Co Borrower(S) Name & Description of The Mortgaged Property Reserve Earnest Incremental
Address Prices Money Value
And outstanding Amount Deposit
1- Shree Rajendra Mobile All that piece and parcel of land known as
Point “Borrower”) Flat No. 304, “Avishkar Flat” Near D. Mart, B/H Tv-
9, Jivrajpark, Ahmedabad Admeasuring 150
2- Mr. Shrenik Kirtilal Sheth
[Link]., Situated On Land Bearing Survey No. 530,
Being Final Plot No.37 Of Tps No.1 Of Mouje
3- Mrs .Jyotiben Shrenik
Sheth (Co-borrower) Vejalpur, Taluka: City In The Registration City Of
Ahmedabad & Sub District Of Ahmedabad
2000000/- 20000/- 25,000
LOAN ACCOUNT No.
All that piece and parcel of land known as
LNMMAHE000TL0002218
Flat No. 305, In The Scheme Known As “Avishkar
Flat” Near D. Mart, B/H Tv-9, Jivrajpark,
Rupees,1,57,83,940.73/-
Ahmedabad Admeasuring 150 [Link]., Situated On
Rupees One Crore Fifty Seven
Land Bearing Survey No. 530, Being Final Plot
Lakh Eighty Three Thousand
No.37 Of Tps No.1 Of Mouje Vejalpur, Taluka: City
Nine Hundred Forty and
In The Registration City Of Ahmedabad & Sub
Seventy Three Paisa only) 20
District Of Ahmedabad 2000000/- 20000/- 25000/-
along with interest from
12.12.2017applicable future All that piece and parcel of land known as
interest. Flat No. 401, “Avishkar Flat” Near D. Mart, B/H Tv-
9, Jivrajpark, Ahmedabad Admeasuring 150
[Link]., Situated On Land Bearing Survey No. 530,
Being Final Plot No.37 Of Tps No.1 Of Mouje
Vejalpur, Taluka: City In The Registration City Of
Ahmedabad & Sub District Of Ahmedabad 2000000/- 20000/- 25,000/-
All that piece and parcel of land known as
Flat No. 402, “Avishkar Flat” Near D. Mart, B/H Tv-
9, Jivrajpark, Ahmedabad Admeasuring 150
[Link]., Situated On Land Bearing Survey No. 530,
Being Final Plot No.37 Of Tps No.1 Of Mouje 2000000/-
Vejalpur, Taluka: City In The Registration City Of
Ahmedabad & Sub District Of Ahmedabad 20000/- 25,000
Date & Time Of E-Auction: E-AUCTION DATE: 12.11.2019 (Between 3:00 P.M. to 4:00 P.M. )
Last Date of Submission Of EMD: LAST DATE OF SUBMISSION OF EMD WITH KYC: 08.11.2019
Date & Time of The Property Inspection: DATE OF INSPECTION: 06.11.2019 (Between 12.30 P.M. to 2:30
P.M.)
For detailed terms and conditions of the sale, please refer to the link provided in
Capri Global Capital Limited Secured Creditor’s website i.e. www. [Link].
Date:………….2019
Authorised Officer
TERMS & CONDITIONS OF ONLINE E- AUCTION SALE:-
1. The Property is being sold on “AS IS WHERE IS, WHATEVER THERE & WITHOUT
RECOURSE BASIS”. As such sale is without any kind of warranties & indemnities.
2. Particulars of the property / assts (viz. extent & measurements specified in the E-
Auction Sale Notice has been stated to the best of information of the Secured
Creditor and Secured Creditor shall not be answerable for any error, misstatement or
omission. Actual extant & dimensions may differ.
3. E-Auction Sale Notice issued by the Secured Creditor is an invitation to the general
public to submit their bids and the same does not constitute and will not be deemed
to constitute any commitment or nay representation on the part of the Secured
Creditor. Interested bidders are advised to peruse the copies of title deeds with the
Secured Creditor and to conduct own independent enquiries /due diligence about
the title & present condition of the property / assets and claims / dues affecting the
property before submission of bid/s.
4. Auction/bidding shall only be through “online electronic mode” through the website
[Link] Or Auction Tiger Mobile APP provided by the service
provider M/S eProcurement Technologies Limited, Ahmedabadwho shall arrange &
coordinate the entire process of auction through the e-auction platform.
5. The bidders may participate in e-auction for bidding from their place of choice.
Internet connectivity shall have to be ensured by bidder himself. Secured Creditor
/service provider shall not be held responsible for the internet connectivity, network
problems, system crash own, power failure etc.
6. For details, help, procedure and online bidding on e-auction prospective bidders may
contact the Service Provider M/S E-Procurement Technologies Ltd. Auction Tiger,
Ahmedabad (Contact no. 079-61200531/576/596/559/598/587/594/.), Mo:
6351896643 /9712668557 [Link] Chaudhary. Email: Prakash@[Link]
7. For participating in the e-auction sale the intending bidders should register their
name at [Link] in advance and shall get the user id and
password. Intending bidders are advised to change only the password immediately
upon receiving it from the service provider.
8. For participating in e-auction, intending bidders have to deposit a refundable EMD of
10% OF RESERVE PRICE shall be payable by interested bidders through Demand Draft
in favor of "Capri Global Capital Limited" on or before 08-NOV-2019.
9. The intending bidders should submit the duly filled in Bid Form (format available on
[Link] along with the Demand Draft remittance towards
EMD in a sealed cover addressed to the Authorized Officer, Capri Global Capital
Limited RegionalOffice Office No. 3, 4th Floor, Sapphire Business Central, Satya wadi
Society, Usman Pura, Ahmedabad -380013latest by 03:00 PM on 08-Nov-2019. The
sealed cover should be super scribed with “Bid for participating in E-Auction Sale- -
in the Loan Account of Shree Rajendra Mobile Point for property of “Shree Rajendra Mobile
Point.”.
10. After expiry of the last date of submission of bids with EMD, Authorised Officer shall
examine the bids received by him and confirm the details of the qualified bidders
(who have quoted their bids over and above the reserve price and paid the specified
EMD with the Secured Creditor) to the service provider M/S eProcurement
Technologies Limitedto enable them to allow only those bidders to participate in the
online inter-se bidding /auction proceedings at the date and time mentioned in E-
Auction Sale Notice.
11. Inter-se bidding among the qualified bidders shall start from the highest bid quoted
by the qualified bidders. During the process of inter-se bidding, there will be
unlimited extension of “10” minutes each, i.e. the end time of e- auction shall be
automatically extended by 10 Minutes each time if bid is made within 10 minutes
from the last extension.
12. 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 alone.
13. Immediately upon closure of E-Auction proceedings, the highest bidder shall confirm
the final amount of bid quoted by him BY E-Mail both to the Authorised Officer, Capri
Global Capital Limited, Regional Office Office No. 3, 4th Floor, Sapphire Business
Central, Satya wadi Society, Usman Pura, Ahmedabad -380013and the Service
Provider for getting declared as successful bidder in the E-Auction Sale proceedings.
14. The successful bidder shall deposit 25% of the bid amount (including EMD) on the
same day of the sale, being knocked down in his favour and balance 75% of bid
amount within 15 days from the date of sale by DD/Pay order favouring Capri Global
Capital Limited.
15. In case of default in payment of above stipulated amounts by the successful bidder /
auction purchaser within the stipulated time, the sale will be cancelled and the
amount already paid (including EMD) will be forfeited and the property will be again
put to sale.
16. At the request of the successful bidder, the Authorised Officer in his absolute
discretion may grant further time in writing, for depositing the balance of the bid
amount.
17. Municipal / Panchayat Taxes, Electricity dues (if any) has to be paid by the successful
bidder before issuance of the sale certificate. Bids shall be made taking into
consideration of all the statutory dues pertaining to the property.
18. Sale Certificate will be issued by the Authorised Officer in favour of the successful
bidder only upon deposit of entire purchase price / bid amount and furnishing the
necessary proof in respect of payment of all taxes / charges.
19. Applicable legal charges for conveyance, stamp duty, registration charges and other
incidental charges shall be borne by the auction purchaser.
20. The Authorized officer may postpone / cancel the E-Auction Sale proceedings
without assigning any reason whatsoever. In case the E-Auction Sale scheduled is
postponed to a later date before 30 days from the scheduled date of sale, it will be
displayed on the website of the service provider.
21. The decision of the Authorised Officer is final, binding and unquestionable.
22. All bidders who submitted the bids, shall be deemed to have read and understood
the terms and conditions of the E-Auction Sale and be bound by them.
23. For further details and queries, contact Authorised Officer, Capri Global Capital
Limited: Mr. Prabhat Barolia Mo. No. 9799395860 /79-27563026.
24. This publication is also 30 (Thirty) days notice to the Borrower / Mortgagor / Guarantors of
the above said loan account pursuant to rule 8(6) of Security Interest (Enforcement) Rules
2002, about holding of auction sale on the above mentioned date / place.
Place: Delhi Authorized Officer Date: ___-Sep-2019
Special Instructions / Caution: Bidding in the last minutes/seconds should be avoided by
the bidders in their own interest. Neither Capri Global Capital Limited nor the Service
Provider will be responsible for any lapses/failure (Internet failure, Power failure, etc.) on
the part of the bidder in such cases. In order to ward off such contingent situation,
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 successfully.
