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Sale Proclamation of Properties Under Recovery of Debts Due

Dec 16 2024

Public Notice: Sale Proclamation of Properties Under Recovery of Debts Due to Banks and Financial Institutions Act, 1993

Bank of Baroda (e-Vijaya Bank) vs M/S Rockland Leasing Ltd.

OFFICE OF THE RECOVERY OFFICER
DEBTS RECOVERY TRIBUNAL-I, DELHI
4th Floor, Jeevan Tara Building, Parliament Street, New Delhi-110001

Sale Proclamation

T.R.C. No. 170/2024
BANK OF BARODA (e-Vijaya Bank) Vs. M/S ROCKLAND LEASING LTD.

Proclamation of Sale Under Rule 38, 52(2) of the Second Schedule to the Income Tax Act, 1961 Read with the Recovery of Debts Due to Bank and Financial Institutions Act, 1993

  1. Parties Involved:

    • Plaintiff: Bank of Baroda (e-Vijaya Bank)
    • Defendant: M/s Rockland Leasing Ltd., through its directors and guarantors:
      • J.M. Chawla, Arun Chawla, Tarun Chawla, Indu Chawla
      • Address: Himalaya House No. 23, K.G. Marg, New Delhi
    • Other co-obligants listed with their respective addresses.

  2. Recovery Proceedings:

    • Pursuant to Certificate of Recovery issued on 24/11/2000 for ₹4,74,02,000 (inclusive of interest & costs), the Recovery Officer has decided to auction properties to recover dues.

  3. Auction Details:

Description of Properties for Auction

S.No. Property Description Reserve Price (₹) Earnest Money Deposit (EMD) (₹)
1 Property Known as "TISSORIUM ALIAS CHAFERCHI TOD" - Plan No. 15.286 (Old Survey Plan) and New Survey No. 844, Northern part of Survey No. 91, Meallium of Sattari. Area: 7.59.75 hectares. 4,74,02,000 48,00,000
2 Plot "BALTOD" - Plan No. 115 in Old Survey Plan No. 15.286, New Survey No. 902, Village Malau. Area: 17.36.50 hectares. - -
3 Property Known as "GODGOECHI GAL" Alias "GODGOECHI MOLLI" - Located at Ambelium of Taluka Sattari. Area: 5.09 hectares. Plan No. 18.777, New Survey Nos. 24 & 25. - -
4 Survey No. 91, Sub-Division No. 1 - Area: 002.00.00 hectares, Mutation No. 11/93, Village Sattari. - -
5 Survey No. 04, Sub-Division No. 1 - Area: 015.21.00 hectares, Mutation No. 07/98, Village Sattari. - -
6 Survey No. 27, Sub-Division No. 1 - Area: 007.35.00 hectares, Mutation No. 07/98, Village Sattari. - -

  1. Auction Participation:

    • Bidders must submit EMD through Demand Draft/Pay Order in favor of Recovery Officer, DRT-I, Delhi.
    • Registration: Log in at MSTC e-Auction platform with PAN and valid email.
    • Helpline: Email - auction@mstcindia.co.in | Phone: +91 9007571226

  2. Conditions of Sale:

    • Property sold “as is where is” basis.
    • Inspection allowed before the auction date.
    • EMD of unsuccessful bidders will be refunded post-auction.

Contact Person for Queries:
Suresh Chander (Senior Manager)
Phone: 9818411413

Given under my hand and seal on 12-12-2024
Sd/- Recovery Officer, DRT-I, Delhi