FORM NO.

22 [See Regulation 37(1)]

REGD. A/D\DASTI\AFFIXATION\BEAT OF DRUM

E-AUCTION SALE PROCLAMATION NOTICE

GOVERNMENT OF INDIA, MINISTRY OF FINANCE
DEBTS RECOVERY TRIBUNAL
OFFICE OF THE RECOVERY OFFICER
2nd and 3rd Floor, Jawans’ Bhavan,
27 – T.B.Road, Coimbatore – 641 018
Tel.No: 0422 – 2309008, 2305030,
E-mail Id: [email protected]
Recovery proceedings (R.P) No. 720/2019 in DRC No. 268/2019 in OA No. 326/2017
(PROCLAMATION OF SALE UNDER RULE 52(2) OF THE SECOND SCHEDULE TO THE INCOME TAX ACT 1961 r/w THE
RECOVERY OF DEBTS DUE TO BANKS AND FINANCIAL INSTITUTIONS ACT 1993)

State Bank of India, Stressed Asset Management Branch,

- VERSUS -
M/s. Sri Maharaja Oil Imports & exports India (P) Ltd & 11 Others.
To
1. M/s. Sri Maharaja Oil Imports & Exports India (P) Ltd.,
Rep. By its Chairman and Managing
Director Mr. K. Paramasivam,
Dr. No.119, Bhavani Road, Erode – 638 004.
2. Mr. K. Paramasivam,
Chairman and Managing Director of
M/s. Sri Maharaja Oil Imports &
Exports India (P) Ltd.,
Dr. No.119, Bhavani Road, Erode – 638 004.
3. Mr. P. Sathyamoorthy,
Chairman and Managing Director of
M/s. Sri Maharaja Oil Imports &
Exports India (P) Ltd.,
Dr. No.119, Bhavani Road, Erode – 638 004.
4. Ms. P. Sundari,
Dr. No.119, Bhavani Road, Erode – 638 004.
5. Ms. P. Parameswari,
Dr. No.119, Bhavani Road, Erode – 638 004.
6. M/s. Maharaja Prawn Farming and Oil Dealers (P) Ltd.,
Rep. By its Chairman and Managing
Director Mr. K. Paramasivam,
Dr. No.119, Bhavani Road,
Erode – 638 004.
7. M/s. Maharaja Sivam Industries (P) Ltd.,
Rep. By its Chairman and Managing
Director Mr. K. Paramasivam,
Dr. No.119, Bhavani Road, Erode – 638 004.
8. M/s. Uma Shankar Traders,
Rep. By its Partners
Ms. P. Sundariand, Ms. S. Saradha,
Dr. No.119, Bhavani Road, Erode – 638 004.
Page | 1
 9. M/s. Sri Maharaja Refineries,
Rep. By its Partners
Mr. P. Sathyamoorthy & Ms. S. Saradha,
Dr. No.119, Bhavani Road, Erode – 638 004.

10. M/s. Sri Maharaja Industries,

Proprietor: Mr. K. Paramasivam,
Dr. No.119, Bhavani Road, Erode – 638 004.
11. M/s. Maharaja Kalai Arangam (P) Ltd.,
Rep. By its Chairman and Managing
Director Mr. K. Paramasivam,
Dr. No.119, Bhavani Road, Erode – 638 004.
12. M/s. Maharaja Sathym (P) Ltd.,
Rep. By its Chairman and Managing
Director Mr. K. Paramasivam,
Dr. No.119, Bhavani Road, Erode – 638 004.

Rs.68,65,95,202.75 (Rupees Sixty Eight Crores Sixty Five Lakhs

Ninety Five Thousand Two Hundred Two and Paise Seventy
Debts Recovery
1. Five Only) along with interest at the rate 16.30% per annum,
Certificate Amount
from 20.06.2017, till the date realization and costs as detailed in
the final order and DRC No. 268/2019 dated 03.07.2019 therein.
Rs.129,91,28,692.75 (Rupees One Hundred Twenty Nine
Payable Amount as
2. Crores Ninety One Lakhs Twenty Eight Thousand Six Hundred
on 07.12.2022
Ninety Two and Paise Seventy Five Only)
Whereas you, the certificate debtors have failed to pay the amount due as per DRC
268/2019 dated 03.07.2019 and whereas the undersigned has ordered the sale of
properties mentioned in the Schedule below in satisfaction of the said certificate on “AS IS
WHERE IS BASIS”.

Description of the property to be sold with the names of the co-owners where
the property belongs to defaulter(s) and any other persons as co-owners and
Revenue assessed upon the property or any part thereof.
SCHEDULE - I
1): Property in Name of M/s. Sri Maharaja Oil Imports And Exports India (P)
Ltd, (M/s. Maharaja Dyeing & Processing Pvt. Ltd.,)

All that part and parcel of the landed property measuring 21.51 acres in S.F.
No. 379/2 (4.00 Acres), 380, 383 (8.560 Acres), 379/2, 380 (5.30 Acres), 379/1
(3.650 acres) in Vadugampalayam Village Palladam Sub-Registration District,
Tiruppur Registration District in the state of Tamilnadu along with all passage and
easementary rights attached therein.
Doc. Nos. 2874/1993, 3176/1993, 3175/1993 & 67/1994.
MOD: 4437/2013, 12362/2013.
Item No.1
In Tirupur Registration District, Palladam Sub Registration District, Palladam
Taluk, Vadugapalayam Village, in S.F. No. 379/2 dry acres 4.00 Kist Rs.2.25,
Northern side in east west within the following boundaries:
To the North of Kasthuri Naicker’s land
To the East of Velakkal’s land.
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 To the South of Venkidusamy Naicken’s land
To the West of Pappa Naicken’s land
with rights for usual pathways and other rights etc.
Item No.2
Lot-1 In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Vadugapalayam Village,
In S.F. No. 380 dry acres 9.12, kist Rs. 5.11 in this Southern half share dry acres
4.56 entire extent.
In S.F. No. 383 , dry acres 12.40 kist Rs. 7.00 in this dry acres 4.00 within the
following boundaries:
To the East of Chinnammal’s land
To the North of Survey No. 382 land
To the South of Krishna Naciker land
To the West of Mahali’s other land.
With rights to take cattle, cart and walk with usual pathways rights etc.
Total extent 4.56 + 4.00 = dry acres 8.56.
Item No.3:
In Tirupur Registration District, Palladam Sub Registration District, Palladam
Taluk, Vadugapalayam Village,
In S.F. No. 379/2 dry acres 5.06, kist Rs. 2.83 in this dry acres 0.74, kist Rs. 0.44
within the following boundaries:
To the South of Ranjitham’s land situated at East-West on the southern end.
To the West of Pappa Naicker’s land
To the North of S.F. No. 380 land and
To the East of Nagama Naidu’s land.
In S.F. No. 380, dry acres 9.12, kist Rs. 5.11 in this dry acres 4.56, kist Rs. 2.56
within the following boundaries:
To the North of Chinnammal and Krishnasamy’s land situated at East-West
on the Northern-side
To the South of the above mentioned 0.74 acre land.
To the West of Pappammal and Pappa Naicker’s land
To the East of Nagamma Naidu’s land.
In this Total extent 0.74 + 4.56 = 5.30 Acres, with right to use all usual pathway etc.
Item No. 4:
In Tirupur Registration District, Palladam Sub Registration District, Palladam
Taluk, Vadugapalayam Village,
In S.F. No. 379/1 dry acres 7.30 acres in this East west land Southern half share of
3.65 acres, kist Rs. 2.07, extent with usual pathway rights.

Schedule -1 Total extent 4.00 + 4.56 + 4.00 + 0.74 + 4.56 + 3.65 = 21.51 Acres
CHB has submitted EC’s in the following manner.
i. EC dated 24.03.2021 for the period 01.01.2013 to 23.03.2021.
ii. EC dated 22.08.2021 for the period from 01.03.2021 to 20.08.2021.
iii. EC dated 07.08.2022 for the period 01.01.2021 to 06.08.2022.
The EC of the schedule properties are available with the Nodal officer of the Bank
mentioned below for inspection.
Note: One Windmill is erected in this schedule mentioned properties is not a part of
this Sale Proclamation.

Page | 3
 SCHEDULE -2
2) Property in Name of M/s. Sri Maharaja Refineries

All that part and parcel of the landed property measuring 28.20 acres in S.F.
No. 327/1 (1.890 Acres), 331/1, 330/1, 328 (4.230 Acres), 400/1, 402/1 (7.860
Acres), 392 (4.000 acres), 329 (10.220 Acres) in Sithambalam Village Palladam
Sub-Registration District, Tiruppur Registration District in the state of Tamilnadu
along with all passage and easementary rights attached therein.
Doc. No. 2515/1993, 81/1994, 82/1994, 2715/1993, 2533/1993.
MOD: 4442/2013, 12359/2013.
Item No.1
In Tirupur Registration District, Palladam Sub Registration District, Palladam
Taluk, Sithambalam Village,
In S.F. No.327/1, Punja Acres 1.89 within the following boundaries of
Sithambalam Village Panchayat Board.
Item No.2
In Tirupur Registration District, Palladam Sub Registration District, Palladam
Taluk, Palladam Panchayat Union, Sithambalam Village & Panchayat
1. In S.F. No. 331/1 an extent of 2.16 Acres, and
2. In S.F.No.330/1 having 2.59 Acres, in this 0.37 acres
Within the following boundaries.
To the south and west of the land belongs to Krishnammal,
To the north of the land belongs to subbammal.
To the east of the land is S.F. No.328.
3. In S.F.No.328having 3.70 acres in this extent of 1.70 Acres with boundaries
To the south of the land belongs to Palanisamygounder
To the north of the land in Subbammal,
To the west of the land in S.F. No.330/1,
To the east of the land belongs to Krishnasamygounder.
With all usual pathway.
Totally 2.16 + 0.37 + 1.70 = 4.230 Acres.
Item No.3
In Tirupur Registration District, Palladam Sub Registration District, Palladam
Taluk, Palladam Panchayat Union, Vadugapalayam Village
In S.F. No. 400/1 dry acres 4.05, kist Rs. 6.84 entire extent.
In S.F. No. 402/1 dry acres 3.81 kist Rs. 6.84 entire extent.
With rights to use all usual pathway and other usual rights etc.
Total 4.05 + 3.81 = 7.86 acres,

Item No.4
In Tirupur Registration District, Palladam Sub Registration District, Palladam Taluk,
Palladam Panchayat Union, Vadugapalayam Village
1. In S.F. No. 392 having 6.12 acres, in this dry acres 4.00 kistRs. 6.75 within
the following boundaries:
To the south of property of Raju Naidu.
To the East of the property of Palani Gounder
To the North of the property of Chenniappa Gounder
To the west of property of Pulliyampalayam Palanigounder.

Page | 4
 With usual pathway rights and all usual pathway.
Item No.5
In Tirupur Registration District, Palladam Sub Registration District, Palladam Taluk,
Sithambalam Village,
In G S. No. 329 dry acres 10.22 entire extent.
With usual pathway rights and all usual pathway.

Schedule -2 Total extent 1.89 + 2.16 + 0.37 + 1.70 + 4.05 + 3.81 + 4 + 10.22 =
28.20 Acres
CHB has submitted EC’s in the following manner.
i. EC dated 31.03.2021 for the period 01.01.2013 to 30.03.2021.
ii. EC dated 22.08.2021 for the period from 01.01.2013 to 20.08.2021.
iii. EC dated 08.08.2022 for the period 01.01.2021 to 07.08.2022.
The EC of the schedule properties are available with the Nodal officer of the Bank
mentioned below for inspection.
Note: Two Windmills are erected in this schedule mentioned properties is not a part
of this Sale Proclamation.
SCHEDULE – 3
3) Property in Name of M/s. Uma Shankar Traders

All that part and parcel of the landed property measuring 13.50 acres in
S.F. No. 391 (4.250 Acres), 381/2 (6.390 Acres), 398/1 (2.860 Acres), in
Vadugampalayam Village Palladam Sub-Registration District, Tiruppur
Registration District in the state of Tamilnadu along with all passage and
easementary rights attached therein.
Doc. No. 2531/1993, 2530/1993, 2473/1993.
MOD: 4443/2013, 12360/2013.
Item No. 1
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Vadugapalayam Village, in S.F. No. 391 dry acres 4.25 entire
extent.
With usual pathway rights etc.
Item No.2
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Vadugapalayam Village,
In S. F. No. 381/2 having 11.14 acres in this east west land Northern part of 6.39
dry acres within the following boundaries:
To the North of Kasturisami Naidu and others land.
To the East of Kandasamy Gounder and others land,
To the South of Sellammal land and
To the West of Ranganayakiammal’s land.
With all usual pathway rights etc.
Item No.3:
In Tirupur Registration District, Palladam Sub Registration District, Palladam
Taluk, Vadugapalayam Village,
In S.F. No. 398/1 dry acres 2.86 entire extent.
With all usual pathway rights etc.

Schedule - 3 Total extent 4.25 + 6.39 + 2.86 = 13.50 Acres

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 CHB has submitted EC’s in the following manner.
i. EC dated 29.03.2021 for the period 01.01.2013 to 26.03.2021.
ii. EC dated 22.08.2021 for the period from 01.01.2013 to 20.08.2021.
The EC of the schedule properties are available with the Nodal officer of the Bank
mentioned below for inspection.
SCHEDULE - 4
4) Property in Name of M/s. Maharaja Kalaiarangam Pvt. Ltd, (M/s.
Sivashankar Textiles Private Ltd.,)

All that part and parcel of the landed property measuring 36.12 acres in
S.F. No. 402, 403/2, 404/1, 403/1 (15.290 Acres) in Sithambalam Village, 393,
398/3, 399/3, 392 (8.930 Acres) in Vadugapalayam Village, 382 (3.271 Acres) in
Vadugapalayam Village, 398/2, 399/2, 398/3 (5.460 acres) in Vadugapalayam
Village, 400/1 (3.170 Acres) in Sithambalam Village and Palladam Sub-
Registration District, Tiruppur Registration District in the state of Tamilnadu along
with all passage and easementary rights attached therein.
Doc. No. 2716/1993, 2532/1993, 85/1994, 2534/1993, 2174/1993.
MOD: 4440/2013, 12361/2013.
Item No.1:
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Sithambalam Village, in S.F. No. 403/2 having extent of 3.72
acres, S.F. No.404/1 having extent of 6.57 acres, S.F. No.403/1 having extent of
2.60 acres and S.F. No.402 having extent of 2.40 acres.
Total 3.72 + 6.57 + 2.60 + 2.40 = 15.29 acres.
Item No.2:
Tirupur Registration District, Palladam Sub Registration District, Palladam
Taluk, Vadugapalayam Village
In S.F. No. 393 having extent of 3.49 acres,
In S.F. No. 398/3 having extent of 2.68 acres in this only 1.68 acres,
In S.F. No. 399/3 having extent of 1.64 acres and
In S.F. No. 392 having extent of 6.12 acres, dry acres in this only to the extent of
2.12 acres, within the following boundaries:
To the South of the property of Unnathal,
To the North of S.F. No. 393 land
To the East of S.F. No. 398/2, 398/3
To the West of property of Bangar Naidu and Palanisamy
In total of all above four items dry acres 8.93, for this kist Rs. 14.64 with right of
access with mamool pathway and cart track rights sagitham.
Total 3.49 + 1.68 + 1.64 + 2.12 = 8.93 Acres
Item No.3:
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Vadugapalayam Village
In G.S. No. 382 dry acres 3.27 within the following boundaries:
To the South of the property of Chennamalal
To the East of S.F. No. 380 land
To the North of the property of Palani Gounder, Chennammal and
Kasturisamy Naidu.
To the West of property of Krishnama Naicker.

Page | 6
 With right of access to with mamool pathway and cart track rights sagitham.
Item No.4
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Vadugapalayam Village
In S.F. No. 398/2 an extent of 2.62 acres,
In S.F. No. 399/2 an extent of 1.84 acres and
In S.F. No. 398/3 an extent of 1 acres, within the following boundaries:
To the South of G.S. No. 392/2
To the North of the property of Kandasamy Gounder Vagaiyara
To the East of G.S. No. 399/3
To the West of the property of Pulliyampalayam Unnathal
In total of the above dry acre 5.46 with right of access with usual pathway and
cart track rights sagitham.
Item No. 5
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Sitambalam Village
In S.F. No. 400/1 dry acres 3.17 entire extent.

Schedule - 4 Total extent 15.29 + 8.93 + 3.27 + 5.46 + 3.17 = 36.12 Acres
CHB has submitted EC’s in the following manner.
i. EC dated 29.03.2021 for the period 01.01.2013 to 26.03.2021.
ii. EC dated 22.08.2021 for the period from 01.01.2013 to 20.08.2021.
iii. EC dated 08.08.2022 for the period 01.01.2021 to 07.08.2022.
The EC of the schedule properties are available with the Nodal officer of the Bank
mentioned below for inspection.
Note: Two Windmills are erected in this schedule mentioned properties is not a part
of this Sale Proclamation.

SCHEDULE - 5
5) Property in Name of M/s. Maharaja Sathyam Industries (P) Ltd., (M/s.
Sathyam Spinning Mills P Ltd. and M/s. Maharaja Dyeing & Processing Pvt
Ltd.,)

All that part and parcel of the landed property measuring 41.35 acres in S.F.
No. 382/1, 383, 386 (7.090 Acres), 386 (2.000 Acres), 384 (1.650 Acres), 400/2,
402/2 (11.420 acres), 401/1,2,3 (5.690 Acres), 385/1, 384 (3.330 Acres), 348/2,
379/1, 384, 378 (10.170 Acres) in Vadugampalayam and Sithambalam Village
Palladam Sub-Registration District, Tiruppur Registration District in the state of
Tamilnadu along with all passage and easementary rights attached therein.
Doc. No. 2876/1994, 2875/1993, 68/1994, 3173/1993, 3472/1993,
3192/1993, 84/1994.
MOD: 4441/2013, 12365/2013.
Item No.1
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Vadugapalayam Village,
In S.F. No. 382/1 dry acre 7.39 kist Rs. 14.00 in this dry acre 0.63 kist Rs. 0.35
within the following boundaries:
To the South of East-West S.F. No. 383
To the North of Ramasamy Gounder East – West cart track
To the East of S.F. No. 388 land
Page | 7
 To the West of S.F. No. 382/2 land.
In S.F. No. 383, dry acre 12.46, kist Rs. 6.98 in this dry acre 4.46 within the
following boundaries:
To the East of S.F. No. 387 and 385 lands
To the south of Nagammal land
To the West of Magali land
To the North of S.F. No. 382/1 land
In S.F. No. 386 dry acre 6.65 Kist Rs. 9.11 in this dry acres 4.00 in this common
half share dry acres 2.00 within the following boundaries:
To the East of North-south border and East west Narammal property
To the North of Pachathal land
To the West of Chinnammal land
To the South of Narayammal’s other land
With all usual pathway and cart track rights sagitham.
Total 0.63 + 4.46 + 2 = 7.09 Acres
Item No.2
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Vadugapalayam Village,
In S.F. No. 386 having 6.65 acres in this dry acres 4.00 in this common half share
dry acres 2.00 within the following boundaries:
To the East of the property of Narammal
To the North of the property of Pachathal
To the West of the property of Chinnammal
To the South of the other properties of Narammal.
In this having common another ½ share, dry acre 2.00 with right of access to with
mamool pathway and cart track rights sagitham.
Item No.3:
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Vadugapalayam Village,
In S.F. No. 384 having dry acre 8.24,in this common 1/5 share of 1.65 acres, with
right of access to with mamool pathway and cart tract rights sagitham etc.
Item No.4
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Vadugapalayam Village,
In S.F. No. 400/2 having extent of 4.26 acres and S.F. No. 402/2 having extent of
7.16 acres.
In total, dry acres 11.42 acres, for this kist Rs. 19.30 with right of access to with
mamool pathway and cart tract rights sagitham.
Item No.5
In Tirupur Registration District, Palladam Sub Registration District, Palladam
Taluk, Sithambalam Village,
In S.F. No. 401/1having extent of 2.67 acres, S.F. No.401/2 having extent of 2.08
acres, S.F. No.401/3 having extent of 0.94 acres.
In total all dry acres 5.69 for this kist Rs. 9.56 with right of access to with usual
pathway and cart track rights sagitham.
Item No. 6
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 In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Vadugapalayam Village,
In S.F. No. 385/1having extent of 1.68 acres and S.F. No.384 having extent of
8.24 acres in this 1.65 acres, total dry acre 1.68 + 1.65 = 3.33 acres, for kist Rs.
3.40 within the following boundaries:
To the North of the property of Karuppa Gounder Vagaiyari,
To the East of the G.S. No. 385/1 land
To the South of G.S. No. 423/2 land
To the West of G.S. No. 379/1,2 land
With usual pathway rights and all trees therein etc.
Item No.7
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Sithambalam Village,
In S.F. No. 348/2 having extent of 6.50 acres in this east west land Northern
portion of 5.84 acres
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Vadugapalayam Village,
In S.F. No. 379/1 having extent of 7.30 acres in this east west land Northern half of
3.65 acres.
In S.F. No. 384 having extent of 7 acres, and S.F. No.378 having extent of 12.80
acres in this both total 19.80 acres a common share of 0.68 acres.
Total 5.84 + 3.65 + 0.68 = 10.17 acres, with right of access to with usual pathway
and cart track rights sagitham.
Schedule - 5 Total extent 7.09 + 2 + 1.65 + 11.42 + 5.69 + 3.33+ 10.17 = 41.35
Acres
CHB has submitted EC’s in the following manner.
i. EC dated 29.03.2021 for the period 01.01.2013 to 27.03.2021.
ii. EC dated 24.08.2021 for the period from 01.01.2013 to 20.08.2021.
iii. EC dated 07.08.2022 for the period 01.01.2022 to 06.08.2022.
The EC of the schedule properties are available with the Nodal officer of the Bank
mentioned below for inspection.
Note: One Windmill is erected in this schedule mentioned properties is not a part of
this Sale Proclamation.
SCHEDULE – 6
6) Property in Name of M/s. Maharaja Sivam Industries (P) Ltd., (M/s.
Punitha Roller Flour Mills P Ltd.,)
All that part and parcel of the landed property measuring 15.23 acres in
S.F. No. 392, 393/1 (5.600 Acres), 394, 395/1 (4.670 Acres), 393/2 (4.960
Acres), in Vadugampalayam and Sithambalam Village Palladam Sub-
Registration District, Tiruppur Registration District in the state of Tamilnadu
along with all passage and easementary rights attached therein.
Doc. No. 2737/1993, 2469/1993 and 2470/1993.
MOD: 4439/2013, 12363/2013.
Item No.1:
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Sithambalam Village,
1. In R.S.F. No. 392 dry acre 1.25 kist Rs. 2.20
2. In R.S.F. No. 393/1, dry acre 4.35 kist Rs. 7.50
Page | 9
 Total 1.25 + 4.35 = 5.60 acres, with right of access to with usual pathway and
cart track rights sagitham.
Item No.2:
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Sithambalam Village,
In S.F. No. 394 having extent of 1.63 acres and S.F. No.395/1 having extent
3.04 acres, Total dry acre 4.67 entire extent.
In total of the above two items, dry acres 4.67 with right of access to with
mamool pathway and cart track rights sagitham.
Item No.3:
In Tirupur Registration District, Palladam Sub Registration District, Palladam
Taluk, Sithambalam Village,
In R.S.F. No. 393/2 dry acre 4.96, kist 8.60 entire extent, with right of access
to with mamool pathway and cart track rights sagitham.

Schedule - 6 Total extent 5.60 + 4.67 + 4.96 = 15.23 acres.

CHB has submitted EC’s in the following manner.
i. EC dated 29.03.2021 for the period 01.01.2013 to 27.03.2021.
ii. EC dated 22.08.2021 for the period from 01.01.2013 to 20.08.2021.
iii. EC dated 07.08.2022 for the period 01.01.2021 to 06.08.2022.
The EC of the schedule properties are available with the Nodal officer of the Bank
mentioned below for inspection.
Note: One Windmill is erected in this schedule mentioned properties is not a part of
this Sale Proclamation.
SCHEDULE - 7
7) Property in Name of M/s. Maharaja Prawn Farming and Oil Dealers (P)
Ltd., (M/s. Maharaja Prawn Farming Private Ltd.,)
All that part and parcel of the landed property measuring 21.73 acres in
S.F. No. 382, 381/2, 390 (12.080 Acres), 381/1 (9.650 Acres), in
Vadugampalayam Village Palladam Sub-Registration District, Tiruppur
Registration District in the state of Tamilnadu along with all passage and
easementary rights attached therein.
Doc. No. 83/1993, 3174/1993.
MOD: 4438/2013, 12364/2013.
Item No.1:
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Vadugapalayam Village,
1) In S.F. No. 382 dry acre 8.39 kist Rs. 4.75 in this 1 acre and the
boundaries for the same.
To the East of G.S. No. 390
To the West of Chennammal’s land
To the South of Kasturisamy Naidu land
To the North of G.S. No. 391 and Sithambalam Village.
Then dry acre 50 cent in the same survey field within the following boundaries:
To the South of Kasturisamy Naidu land
To the North of Sitambalam Village Property sold by us (Title Holder)
To the East of Venkatarangappa Naidu’s land and
To the West of sold by us (Title Holder) in G.S. No. 381.
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 2) In G.S. No. 381/2 dry acre 11.14 kist Rs. 6.25 in this dry acre 4.75 acre west
on south and the boundaries for the same.
To the South of Muthusamy’s land
To the East of Palani Gounder’s land
To the West of Venkatarangapa Naidu’s land
To the North of Karumanda Gounder’s land.
In this 4.72 dry acre, kist Rs. 2.56.
3) G.S. No. 390 dry acres 5.83 Kist Rs. 7.98 with entire extent.
The total extent of the above mentioned 3 items is dry acre 12.08, kist
Rs.11.38 with usual pathway rights.
Total extent 1 + 0.5 + 4.75 + 5.83 = 12.08 Acres

Item No.2
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Vadugapalayam Village
In S.F. No. 381/1 dry acres 9.65 entire extent with usual pathway rights.
Schedule - 7 Total extent 1 + 0.5 + 4.75 + 5.83 + 9.65 = 21.73 Acres
CHB has submitted EC’s in the following manner.
i. EC dated 29.03.2021 for the period 01.01.2013 to 26.03.2021
ii. EC dated 29.03.2021 for the period 01.01.2013 to 27.03.2021.
iii. EC dated 22.08.2021 for the period from 01.01.2013 to 20.08.2021.
iv. EC dated 07.08.2022 for the period 01.01.2021 to 06.08.2022.
The EC of the schedule properties are available with the Nodal officer of the Bank
mentioned below for inspection.
Note: One Windmill is erected in this schedule mentioned properties is not a part of
this Sale Proclamation.
SCHEDULE – 8
8) Property in Name of Shri. K. Paramasivam
All that part and parcel of the landed property measuring 2.15 acres in S.F.
No. 321/1 (1.950 Acres), 322/2D (0.040 Acres), 322/2A (0.160 Acres), in
Vadugampalayam Village Palladam Sub-Registration District, Tiruppur
Registration District in the state of Tamilnadu along with all passage and
easementary rights attached therein.
Doc. No. 2861/1993.
MOD: 4436/2013, 12366/2013.
Item No.1
In Tirupur Registration District, Palladam Sub Registration District,
Palladam Taluk, Sithambalam Village,
1) In S.F. No. 321/1, dry acres 1.95, kist Rs. 3.30 and a Well in that Survey
number; 5 HP Electric motor and pump set in service No. 321 and a Cattle
Shed 1 Anganam.
2) S.F. No. 322/2D dry acres 2.05, kist Rs. 3.46 in this dry acre 0.04 within the
following boundaries.
To the South of East – West common pathway on the North-Eastern side
To the North of the above mentioned land
To the West of Thirumoorthy Gounder land and S.F. No. 320 land
To the East of Subbaiah Gounder Land,
As per present sub-division S.F.No.322/2D.

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 3) In the same S.F. No. 322/2A dry acre 0.16 on the Western and Southern side
To the North of land in the west and south side
To the East of Subbaiah Gounder land
To the West of above said land
To the south of Subbaiah Gounder land
As per present sub-division S.F. No. 322/2A
In the total extent above said items 1 to III = dry acres 2.15, kist Rs. 3.65 with right
use all common roads etc.
Schedule - 8 Total extent 1.95 + 0.04 + 0.16 = 2.15 Acres
CHB has submitted EC’s in the following manner.
i. EC dated 29.03.2021 for the period 01.01.2013 to 27.03.2021.
ii. EC dated 22.08.2021 for the period from 01.01.2013 to 20.08.2021.
iii. EC dated 08.08.2022 for the period 01.01.2021 to 07.08.2022.
The EC of the schedule properties are available with the Nodal officer of the Bank
mentioned below for inspection.
Note: One Windmill is erected in this schedule mentioned properties is not a part of
this Sale Proclamation.
SCHEDULE – 9
9) Property in Name of Smt. P. Sundari, Smt. P. Parameswari & M/s. Maharaja
Sivam Industries (P) Ltd.
All that part and parcel of the landed property measuring 4.67 acres in S.F.
No. 15/1, 18/5 (2.670 Acres belonging to Smt. P. Sundari and Smt. P.
Parameswari), 15/1 (2.00 Acres – belonging to Maharaja Sivam Industries P. Ltd.),
in Palankarai Village Avinashi Sub-Registration District, Tiruppur Registration
District in the state of Tamilnadu along with all passage and easementary rights
attached therein.
Doc. No. 1671/1988, 1670/1988.
MOD: 9540/2013.
Item No.1:
In Tirupur Registration District, Avinashi Sub Registration District, Avinashi
Taluk, Palangari Village,
In S.F. No.15/1, in this dry acre 2.0 within the following boundaries:
Lot-2 To the South of land sold to P. Sundari
To the East of S.F. No.16
To the North of Madras-Calicut main road
To the West of the South-North road
Item No. 2:
In Tirupur Registration District, Avinashi Sub Registration District, Avinashi
Taluk, Palangari Village,
1) In S.F. No. 15/1, in this dry acre 1.46 within the following boundaries:
To the north of Punja Acre 2.00 and belong to M/s. Punitha
Roller Flour Mill P. Ltd.
To the East of land in S.F. No. 16
The South of below mentioned land part in S.F. No. 18
To the West of the North-South cart track
In this Dry acre 1.46
2) In S.F. No. 18/5, in this dry acre 1.21 within the following boundaries:
To the North of Southern side in S.F. No. 15/1
To the East of land in S.F. No. 17
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 To the West of North South Road in S.F. No. 14
To the South of in this same Survey Number land belongs to Suppan S/o.
Bomman
Schedule - 9 Total extent 2.0 + 1.46 + 1.21 = 4.67 Acres
Details of any other encumbrances: In EC dated 26.03.2021 for the period
01.01.2013 to 22.03.2021 is an entry of document No. 1776/2016 indexed on
14.03.2016 by the court of the I Additional Subordinate Judge of Erode.
Subsequent Encumbrance certificate dated 22.08.2021 for the period from
01.01.2013 to 20.08.2021. The schedule properties are available with the Nodal
officer of the Bank mentioned below for inspection.
Claims if any, which have been put No claim is pending before this Recovery
forward to the properties and any proceedings. However on perusal of the
other known particulars bearing on Encumbrance Certificate submitted by the
its nature and value Certificate Holder Bank an entry of
document No. 1776/2016 indexed on
14.3.2016 by the court of the I Additional
Subordinate Judge of Erode is reflected with
respect to Lot – 2 (i.e. Schedule – 9).
The Windmills erected in the above
schedule is not a part of this sale and
dealing with the windmills shall be the
responsibility of the purchaser.
Lot-1: Rs.53,39,70,000/- (Rupees Fifty
Three Crores Thirty Nine Lakhs Seventy
RESERVE PRICE ( below which Thousand Only)
the property shall not be sold ): Lot-2: Rs.12,75,30,000/- (Rupees Twelve
Crores Seventy Five Lakhs Thirty
Thousand Only)
Lot-1: Rs.5,33,97,000/- (Rupees Five
Crores Thirty Three Lakhs Ninety Seven
Thousand Only)
EMD
Lot-2: Rs.1,27,53,000/- (Rupees One
Crore Twenty Seven Lakhs Fifty Three
Thousand Only)
Lot-1: Rs.2,00,000/- (Rupees Two Lakhs
Only)
Bid Increment (in multiples ) of
Lot-2: Rs.1,00,000/- (Rupees One Lakh
Only)
E Auction Particulars
Last date of submission of online bid in On or before 16:00 Hours on 05.12.2022
1. the prescribed proforma along with
documentary evidence in support of
identity and address.
Last date of submission of hard copy of On or before 16:00 Hours on 06.12.2022
bid form along with the enclosures,
2. submitted online, to the Recovery
Officer, DRT, Coimbatore. (Originals to
be produced for verification)
Date and time of e 07.12.2022 from 10:30 Hrs to 11:30 Hours
3. -auction with auto extension of five minutes till
conclusion of the sale.

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4. Date and time for inspection of property 22.11.2022 with prior information to the
by the interested bidders Nodal Officer of the bank.
Name of website for uploading auction Name of website for uploading auction bid
bid form and detailed terms and form and detailed terms and conditions:-
conditions:- www.matexauctions.com Address:-M/s
Matex Net Pvt. Ltd., 4, Venkatasamy Road
(East), R.S. Puram, Coimbatore 641002.
5. Tel. No. 7667750080, 7667750081. For
further details contact: Mr. K. Sampath
Kumar Mob.No.9944171360, Email:
[email protected]
Contact name and telephone number 1. Sh. C.T. Adaikkappan, Manager, SBI,
of Nodal/authorized officers for further SAMB, Coimbatore, Mobile No.:
queries regarding e-auction/ property 9566550698, TEL : 0422 2245451, E-
being sold: Mail ID: [email protected].
2. Thri. A. Anantha Raja, Asst. General
6.
Manager, SBI, SAMB, Coimbatore,
Mobile No: 8897963630, E-Mail ID:
[email protected].
Name of Bank and Account Number State Bank of India, Race Course Road
7. in which the EMD should be remitted Branch, Coimbatore A/c No 10065290881 in
through RTGS/NEFT:- favour of Recovery Officer, DRT (IFSC Code
SBIN0007940).
Terms of payment on declaration as To deposit of 25% on the purchase
successful highest bidder:- amount of the sale after adjustment of
EMD to the account as mentioned at Sl. No.
7 above by way of online payment through
RTGS/NEFT on the same day. Balance 75%
of the sale proceeds on or before 15th day
8. from the date of sale of the property,
exclusive of such day, or if the 15th day be
Sunday or other Holiday, then on the first
office day after the 15th day by prescribed
mode with Poundage fee @2% upto
Rs.1,000/- and @1% of the excess of the
said amount of Rs.1,000/- through DD in
favour of Registrar, DRT, Coimbatore.

The Sale will be governed by the Second Schedule of Income Tax Act, 1961 read
with section 25 to 29 of Recovery of Debts And Bankruptcy Act 1993 and ITCP Rules,
1962.
The interested parties are advised to visit e-auction portal/website at
www.matexauctions.com for further details and other terms and conditions and bid
format.
TERMS AND CONDITIONS
Notice is hereby given that in absence of any order of postponement, the said
property shall be sold on the above mentioned date by e-auction and bidding shall
take place through “On line Electronic Bidding” on the www.matexauctions.com
Address:-M/s Matex Net Pvt. Ltd., 4, Venkatasamy Road (East), R.S. Puram,

Page | 14
Coimbatore 641002. Tel. No. 7667750080, 7667750081. For further details contact: Mr.
K. Sampath Kumar Mob.No.9944171360, Email: [email protected]. Passwords
will be allotted only to those bidders, who fulfill all the terms and conditions of e-auction
and have deposited the requisite EMD and intending bidders must hold a valid digital
signature.
The sale will be stopped if, before the lot is knocked down, the arrears mentioned in
the said certificate, interest costs (including cost of the sale) are tendered to the officer
conducting the sale or proof is given to his satisfaction that the amount of such
certificate, interest and costs have been paid to the undersigned.
No officer or other person, having any duty to perform in connection with sale,
however, either directly or indirectly bid for, acquires or attempts to acquire any interest
in the property sold. The sale shall be subject to the conditions prescribed in Second
Schedule of the Income Tax Act, 1961 and the rules made there under and to the further
following conditions.
The particulars specified herein in have been stated to the best of the information of
the undersigned, but the undersigned shall not be answerable for any error, mis-
statement or omission in this proclamation.
1. The highest bidder shall be declared to be the purchaser of the lot provided that
further that the amount bid by him is not less than the reserve price. It shall be in the
discretion of the undersigned to decline/acceptance of the highest bid when the price
offered appears so clearly inadequate as to make it inadvisable to do so.
2. The EMD shall be deposited by Online through RTGS/NEFT/directly in to the
account mentioned above and details of the property along with copy of PAN card,
Address proof and identity proof, photo, E-mail ID, Mobile No. and in case of company ,
any other document confirming representation/attorney of the company and the
receipt/counterfoil of such deposit. The originals of same should be produced before the
undersigned on or before the stipulated time for verification. The EMD deposited after
the date mentioned shall not be considered for participation in the e-auction. The form
should be filed electronically/online after deposit of EMD and downloaded hard copy of
the BID form from the site of Auction Service Provider should be submitted at the
office of Recovery Officer for scrutiny within the specified time, failing which such
person shall not be considered for participation in the e-auction.
3. The person declared to be the purchaser shall pay, immediately after such
declaration, a deposit of 25% on the purchase amount of the sale after adjustment of
EMD to the account mentioned above by way of online payment through RTGS/NEFT
on the same day.
4. The purchaser shall deposit the balance 75% of the sale proceeds on or before
15 day from the date of sale of the property, exclusive of such day, or if the 15th day
th

be Sunday or other Holiday, then on the first office day after the 15th day by prescribed
mode . In addition to the above the purchaser shall also deposit Poundage fee with
Recovery Officer, DRT Coimbatore @2% upto Rs.1,000/- and @1% of the excess of
the said amount of Rs.1,000/- through DD in favour of Registrar, DRT, Coimbatore.
5. The sale shall be confirmed and made absolute after 30 days from the date of sale,

Page | 15
provided all the terms and conditions of sale are complied with and the sale is not
cancelled for any reason as per law. Sale certificate shall be issued to the successful
bidder after the sale is confirmed.
In case of default of payment within the prescribed period, the deposit, after
defraying the expenses of the sale, may, if the undersigned thinks fit, shall be forfeited to
the Government and the defaulting purchaser shall forfeit all claims to the property or to
any part of the sum for which it may subsequently be sold. The property shall be resold,
after the issue of fresh proclamation of sale.

The undersigned reserves the right to accept or reject any or all bids if found
unreasonable or postpone/cancel the auction at anytime without assigning any reason.
Given under my hand and seal of this Tribunal on this 27th day of October, 2022.

-Sd/-
(JAYASHREE MENON)
RECOVERY OFFICER - I

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