PUBLIC NOTICE - E-AUCTION

RELIABLE CASHEW COMPANY PRIVATE LIMITED IN LIQUIDATION

(RCCPL) under Insolvency and Bankruptcy Code, 2016

E-AUCTION
Sale of Assets under Insolvency and Bankruptcy Code, 2016

Dates E-Auction: 02.01.2025 and 03.01.2025

Pursuant to the Order of the Hon’ble National Company Law Tribunal, Chennai vide its
order dated 09.08.2024 in the matter of Reliable Cashew Company Private Limited (In
Liquidation), the undersigned is inviting bids for sale of assets of RCCPL as a going
concern sale and/or sale of the assets owned by RCCPL forming part of the liquidation
estate under section 35(f) of IBC, 2016 read with Regulation 32(e) and Regulation 32A
of IBBI (Liquidation Process) Regulations, 2016. The said Assets will be sold on "AS IS
WHERE IS ", "AS IS WHAT IS", "WHATEVER THERE IS BASIS" and "NO
RECOURSE BASIS".

The Sale will be done by the undersigned through the E-Auction platform of E-
Procurement Technologies Ltd- Auction Tiger at
[Link]

Brief particulars of the sale are as follows:

Set of Assets Reserve EMD

Assets Price – Amount
(In (In INR)
INR)
Category A-Sale of Corporate Debtor as a Going Concern
Date and Time of e-auction: 02.01.2025 at 11.00 AM to 12.00 Noon
Asset Sale of Corporate Debtor as going Concern including
Set 1 non-core assets (under Regulation 32(e) read with
Regulation 32A) of Liquidation Process Regulations 22.44 2.244
Specific exclusion: Crores Crores
i. Cash and cash equivalents, other bank balances
ii. Proceeds from ongoing litigations
iii. Excluded assets where the Secured Creditor has
not relinquished the security interest
Category B -Sale of Corporate Debtor as a Going Concern
(In case no bids are received for auction under Category A)
Date and Time of e-auction: 02.01.2025 at 01.00 PM to 02.00 PM
Asset Sale of Corporate Debtor as going concern excluding
Set 2 non-core assets (under Regulation 32(e) read with 19.44 1.944
Regulation 32A) of Liquidation Process Regulations Crores Crores
Specific exclusion:
i. Cash and cash equivalents, other bank
balances
ii. Non-Core assets of the Corporate Debtor as
mentioned in Category ‘C’.
iii. Proceeds from ongoing litigations
Set of Assets Reserve EMD
Assets Price – Amount
(In (In INR)
INR)
iv. Excluded assets where the Secured Creditor
has not relinquished the security interest

Category C -Sale of Non-core assets (only land parcels)

(In case no bids are received for auction under Category A)
Date and Time of e-auction: 02.01.2025 at 03.00 PM to 04.00 PM
Asset All the piece and parcel of a commercial plot at Sy No. 1.44 0.144
Set 3 37-1, measuring 65.50 cents situated in Marakada Crores Crores
Village, Mangaluru Taluk within Mangaluru City
Corporation in the Registration Sub-district of
Mangaluru, Karnataka
Asset All the piece and parcel of a commercial plot at Sy 1.14 0.114
Set 4 No.792-1 measuring 3.89 acres situated at Nitte Crores Crore
Village of Karkala Talluk within the Registration Sub-
district of Karkala, Karnataka
Category D Sale of Movable Assets at leased premises
(only if no bids are received from Asset Category A or B)
Date and Time of e-auction: 02.01.2025 at 05.00 PM to 06.00 PM
Asset Plant and Machinery together with a Vehicle located 97.00 9.70
Set 5 at D. No, 12/92 and 12/93, Padavu Post, Shakti Lakhs Lakhs
Nagar, Kulshekar, Mangaluru, Karnataka
Asset Plant and Machinery located at [Link] 209/1 with D. 1.12 0.112
Set 6 No. 50/4A & 4B, Gingee Road, Thiruvamathur Village, Crores Crores
Vikravandi Taluk,Villupuram, Tamil Nadu
Asset Plant and Machinery together with Vehicles located at 53.00 5.30
Set 7 Sy. No. 261/6 and 267/2, Kattandikuppam, Panruti, Lakhs Lakhs
Cuddalore District Tamil Nadu
Category E Sale of assets individual units (Movable and immovable
properties) (In case no bids are received for auction under Category A or B)
Date and Time of e-auction: 03.01.2025 at 11.00 AM to 12.00 Noon
Asset Industrial Property
Set 8 (Movable and immovable assets)
All the piece and parcels of the land measuring 56
cents, situated at Plot No.425(P), [Link].6-P, Industrial 3.54 0.354
Area, Baikampady, Mangaluru Karnataka together Crores Crores
with building, plant and machinery, furniture &
fixtures.
Asset Industrial Property
Set 9 (Movable and immovable assets)
All the piece and parcels of the land measuring 52.63
cents, situated at Plot No. 429, [Link].20/P, Industrial
Area, Baikampady, Mangaluru, Karnataka together 4.12 0.412
with building, plant and machinery, furniture & Crores Crores
fixtures and vehicles.
Asset Industrial Property
Set 10 (Movable and immovable assets)
All the piece and parcels of the land measuring 100 3.30 0.33
cents, situated at, [Link].291/9P1, Kolalgiri, Uppoor Crores Crores
Set of Assets Reserve EMD
Assets Price – Amount
(In (In INR)
INR)
Village, Udupi Taluk, Karnataka together with
building, plant and machinery, furniture & fixtures,
and vehicles.
Asset Industrial Property
Set 11 (immovable asset) 2.88 0.288
All the piece and parcels of the land admeasuring 117 Crores Crores
cents, situated at Sy No. 150, Haraneera Village,
Kumta Taluk Uttara Kannada District, Karnataka
together with buildings.
Category F-Sale of movable Assets
(In case no bids are received for auction under Asset Set 8)
Date and Time of e-auction: 03.01.2025 at 01.00 PM to 02.00 PM
Asset Machineries and movable Assets
Set 12 Machineries at Plot No.425(P), [Link].6-P, Industrial 22.00 2.20
Area, Baikampady, Mangaluru Karnataka along with Lakhs Lakhs
all movable assets.
Category G-Sale of movable Assets
(In case no bids are received for auction under Asset Set 9)
Date and Time of e-auction: 03.01.2025 at 01.00 PM to 02.00 PM
Asset Machineries and movable Assets
Set 13 Machineries at Plot No. 429, [Link].20/P, Industrial 47.00 4.70
Area, Baikampady, Mangaluru, Karnataka along with Lakhs Lakhs
all movable assets and vehicles
Category H-Sale of movable Assets
(In case no bids are received for auction under Asset Set 10)
Date and Time of e-auction: 03.01.2025 at 01.00 PM to 02.00 PM
Asset Machineries and movable Assets 55.00 5.50
Set 14 Machineries at [Link].291/9P1, Kolalgiri, Uppoor Lakhs Lakhs
Village, Udupi Taluk, Karnataka along with all
movable assets and vehicles
Category I-Sale of Immovable Assets
(E-auction only if Asset set 12 gets bids and results in a successful auction)
Date and Time of e-auction: 03.01.2025 at 03.00 PM to 04.00 PM
Asset Immovable Asset (Land & Building)
Set 15 All the piece and parcels of the land measuring 56 3.33 0.333
cents, situated at Plot No.425(P), [Link].6-P, Industrial Crores Crores
Area, Baikampady, Mangaluru Karnataka together
with building
Category J-Sale of Immovable Assets
(E-auction only if Asset set 13 gets bids and results in a successful auction)
Date and Time of e-auction: 03.01.2025 at 03.00 PM to 04.00 PM
Asset Immovable Asset (Land & Building)
Set 16 All the piece and parcels of the land measuring 52.63 3.65 0.365
cents, situated at Plot No. 429, [Link].20/P, Industrial Crores Crores
Area, Baikampady, Mangaluru, Karnataka together
with building
 Set of Assets Reserve EMD
Assets Price – Amount
(In (In INR)
INR)
Category K Sale of Immovable Assets
(E-auction only if Asset set 14 gets bids and results in a successful auction)
Date and Time of e-auction: 03.01.2025 at 03.00 PM to 04.00 PM
Asset Immovable Asset (Land & Building)
Set 17 All the piece and parcels of the land measuring 100 2.76 0.276
cents, situated at, [Link].291/9P1, Kolalgiri, Uppoor Crores Crores
Village, Udupi Taluk , Karnataka together with
building

1. This Sale Notice shall be read with the Complete ‘e-Auction Process Information
Document’ (Process Document) containing details of the Assets, eligibility, E-
Auction Bid Form etc which is available at [Link]
or can contact Liquidator or M/s E-procurement Technologies Ltd –Email :-
nclt@[Link], support@[Link] phone:- +91 9722778828/
6351896834/ 079 6813855/854) for further details.
2. Please note that in case the E-Auction for Asset Category A or B does not
materialise for want of bidders etc, the assets shall be sold separately as per the
above Table. The liquidator reserves the right to cancel the e-auction of any or
all Assets Set under any or all category(ies) and /or set of assets being sold in
the e-auction.
3. Interested bidders for the respective Category(ies) and/or Set of Asset(s) are
required to submit the Expression of Interest along with the requisite eligibility
documents on or before 17.12.2024 as provided in the Process Document.
4. The Liquidator reserves the right to amend the key terms of the sale process
including timelines for any or all Category(ies) and/or Set of Assets(s) being sold
in the e-auction, to the extent permissible under the applicable laws and
regulations. Any information about the amendments/ extensions of any of the
timelines with respect to the sale process timelines for any or all category(ies)
and/or Set of Assets (s) will be available on the e-auction website and
communicated to the Eligible/Qualified/Successful Bidder(s).
5. Nothing contained herein shall constitute a binding offer or commitment for sale
of assets of the Company including Sale of the Company as a whole, on a going
concern basis.

Please scan the QR code below for downloading a Teaser Document.

Sd/-
Ravindra Beleyur
Liquidator
Reliable Cashew Company Private Limited in Liquidation
428,19th B Cross, 3rd Block, Jayanagar, Bengaluru 11
email:Reliable_Cashew_CIRP@[Link]
Date: 02.12.2024 Phone: 080 26540193 Mobile: +91 94481 46963
Place: Bengaluru