THE COSMOS CO-OP. BANK LTD.
(Multistate Scheduled Bank)
Recovery & Write-Off Department, Region-II
Correspondence Address : Horizon Building, 1
st
Floor, Ranade Road & Gokhale Road Junction, Gokhale Road (North),
Dadar (West), Mumbai - 400 028.
Phone No. 022- 24476012/57/58
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 & Co-Borrower as mentioned herein below under the Securitisation & Reconstruction of Financial Assets &
Enforcement of Security Interest Act, 2002 on the basis of As is where is, As is what is, whatever there is and without recourse
by Inviting Tenders.
In Pursuance to the order passed by Hon’ble Supreme Court dated 06.08.2019, 21.10.2019, 13.12.2019 & 17.02.2020 in I. A.
Nos. 87018/2018, 138910/2018, I. A. No. 186738/2019 & I. A. No. 23286/2020 in Civil. Appeal. No. 20971/2017.
SCHEDULE OF IMMOVABLE PROPERTY FOR SALE/AUCTION
All that piece and parcel of the commercial premises known as entire 17
th
floor premises adm. about 10500 sq.ft. Carpet Area
situate in the Building known as “Trade World” consisting of ground + 30 floors and the said building is constructed on the piece of
land bearing its New S. No. A/12081, 1876B, D/118750, 12933D, 1/ 12433E, B12594F, A/12411G, 120794, 12415, 1238, A/12594,
12080-I, 9/12047J, D/12311K, 9/12411-L, 124M, 12414N and C.S. No. 448 of Lower Parel Division total adm. about 38326
sq.mtrs. and out of the said total land part thereof adm. about 10000 sq.mtrs. on which the above said commercial complex under
the name “Trade World” has been constructed. And the abovesaid 17
th
floor premises adm. about 10500 sq.ft. Carpet Area in
D wing of the Building known as Trade World together with proportionate share in the total land under the building and together
with rights and authority to avail and enjoy common areas and facilities appurtenant to those premises and together with 10 car
parking spaces and together with right of ways, easements made available those premises.
TERMS & CONDITIONS
1) The above property shall be sold on “As is where is basis & as is what is basis, whatever there is & without recourse” and not to be
sold below the Reserve Price mentioned as above.
2) Before 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.
3) Before Submitting the Bids Bidders should satisfy themselves from the undersigned about the rights, title, interest in respect of the
property in question and later on no objection of any kind shall be entertained in this regard.
4) To the best of knowledge and information of the Authorised officer, there is no encumbrance in the property/ies. However the
intending bidders should make their own independent inquiries regarding the encumbrance, title of property put on E-Auction and
claims/right/dues/affecting the property prior to submitting their bid. The E-Auction advertisement does not constitute any
commitment or any representation of The Cosmos Co-op. Bank Ltd. The property is being sold with all the existing and future
encumbrances whether known or unknown to The Cosmos Co-op. Bank Ltd. The Authorised officer/Secured Creditors shall not be
responsible in any way for any third party claims/rights/dues.
5) Applicable Stamp Duty/ Additional Stamp Duty/ Transfer and Registration Charges, Fees etc. have to be borne by the purchaser
only.
6) All statutory/non statutory dues, taxes, rates, assessments, charges, fees, claim etc. pertaining to above property will be the
responsibility of the purchaser only.
7) Intending Bidders may avail training for online bidding from M/s. Shriram Automall India Limited (SAMIL), 1
st
Floor, Lloyds
Centre Point, Above Tata Motors, Prabhadevi, Mumbai 400 025. Contact Persons: Ramraj Singh-Mobile -
7428993228/9930246301 email: ramraj.s@123done.in, Mr. Sharad Mundhra-Mobile- +919987437763, email:
sharad.mundhra@samil.in.
8) EMD and KYC should reach the undersigned on or before 06.12.2021 before 6.00 P.M. The Bidder has right to increase his
“Bid incremental value of said property will be 10,00,000/-” during the time of auction.
9) The 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.
10) 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.9960974848/8975758517/7709571679, Recovery & Write-Off Department-Region-
II, Dadar(W), Mumbai - 400028.
Borrower, Co-Borrower & Guarantors
Demand Notice Date
& Amount
Reserve Price
Date & Time
of Auction
Borrower: Mr. Omprakash Basantlal Goenka
Registered Office at:- 202, Parvati Industrial Estate, Sun
Mill Compound, Lower Parel (West), Mumbai 400 013.
Co- Borrowers:-
1) Mrs. Kiran Goenka, 2) Mr. Gaurav Goenka,
3) Mrs. Girija Goenka, 4) Mrs. Shwetha Mundhra,
5) Ms. Sucheta Goenka
Guarantor Company & its Directors
1) M/s. Mirah Hospitality & Food Solutions Pvt. Ltd.
A) Mr. Omprakash Basantlal Goenka
B) Mr. Gaurav Omprakash Goenka
C) Ms. Sucheta Omprakash Goenka
2) M/s. Twinkle Envirotech Pvt Ltd
A) Mr. Omprakash Basantlal Goenka
D.N. Date :
16.11.2017
11,73,19,128.94
plus further interest &
charges thereon
23,04,00,000/-
(Rupees Twenty
Three Crores Four
Lakhs Only)
07.12.2021
from
3.00 pm to
4.00 pm
Possession Date
Earnest Money
Deposit(E.M.D.)
05.03.2018
(Symbolic)
2,31,00,000/-
(Rupees Two
Crores Thirty One
Lakhs Only)
Auction Sale/bidding would be conducted only through website https://eauctions.samil.in with unlimited
extensions of 5 Minutes in each.
11) The EMD amount of unsuccessful bidder will be returned on closure of the E-Auction/Sale Proceeding. The EMD amount shall
not carry any Interest.
12) For Inspection of subject property will be available with prior appointment.
13) The Authorized Officer has absolute right to accept or reject any or all offer(s) or adjourn/postpone/cancel the auction without
assigning any reason thereof.
14) The sale certificate will be issued in the name of the purchaser(s)/applicant (s) only and will not be issued in any other name (s).
15) The sale shall be subject to rules/conditions prescribed under the Securitization and Reconstruction of Financial Assets and
Enforcement of Security Interest Act, 2002.
16) The sale is subject to confirmation by the Authorised Officer.
17) It shall be responsibility of the successful bidder to pay T.D.S. as applicable of the sale amount under Section 194(1A) of the
Income Tax Act & shall submit the proof there of to Authorised officer.
STATUTORY NOTICE:-As per rule 8(6) of SARFAESI Act, 2002.
This notice also be considered as a 15 days’ notice to the Borrower, Co- Borrowers and Guarantor Companies & its Directors of the
said loans 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
successfully.
Sd/-
Date: 18.11.2021 Authorised Officer & General Manager
Place: Mumbai Under SARFAESI Act, 2002.
The Cosmos Co-operative Bank Ltd.