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E-Auction Sale: Pan India Network Assets

The notice announces an e-auction sale of the assets of Pan India Network Limited, which is under liquidation. The auction will take place on January 17, 2023 from 1-3 PM. Interested parties must submit their expressions of interest by December 31, 2022 and the last date for submitting the earnest money deposit is January 12, 2023. The assets for sale include equipment, machinery, and vehicles located at two different addresses. The notice provides reserve prices and earnest money deposit amounts for three different lots that are being auctioned. Potential bidders can inspect the assets between January 6-12, 2023 and should refer to the tender document for detailed terms and conditions.

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Siddhesh Kamat Azrekar
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73 views1 page

E-Auction Sale: Pan India Network Assets

The notice announces an e-auction sale of the assets of Pan India Network Limited, which is under liquidation. The auction will take place on January 17, 2023 from 1-3 PM. Interested parties must submit their expressions of interest by December 31, 2022 and the last date for submitting the earnest money deposit is January 12, 2023. The assets for sale include equipment, machinery, and vehicles located at two different addresses. The notice provides reserve prices and earnest money deposit amounts for three different lots that are being auctioned. Potential bidders can inspect the assets between January 6-12, 2023 and should refer to the tender document for detailed terms and conditions.

Uploaded by

Siddhesh Kamat Azrekar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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E-AUCTION SALE NOTICE

M/S PAN INDIA NETWORK LIMITED (IN LIQUIDATION)


Liquidator’s Address: 42/1201, 11th Floor, N.R.I. Complex, Seawoods Estates, Nerul,
Navi Mumbai, Maharashtra- 400706.Contact: +91-9323911177
Email: [email protected] | [email protected]

Notice for the sale of assets on “AS IS WHERE IS BASIS”, “AS IS WHAT IS BASIS”, “WHATEVER
THERE IS BASIS” and “WITHOUT RECOURSE BASIS” is hereby given to the public in general
under section 35(f) of the Insolvency and Bankruptcy Code 2016 r.w. Regulation 33 of the IBBI
(Liquidation Process) Regulations, 2016.

Date and Time of Auction Tuesday, 17/01/2023 between 01:00 PM to 03:00 PM


Last Date for Submission of Expression of Saturday, 31/12/2022 before 05:00 PM
Interest
Intimation to Qualified Bidders Wednesday, 04/01/2023

Last Date for Submission of EMD Thursday, 12/01/2023 before 05:00 PM


Payable through RTGS/DD towards “Pan India
Network Limited In Liquidation” having Account
No. 40790301087 and IFSC SBIN0016215

Inspection Date From Friday, 06/01/2023 to Thursday, 12/01/2023


available with prior intimation, Contact Person Ms.
Sonu Gupta (M: 9323911177)

Sale of assets of the corporate Debtors Regulation: -


Lot Particulars Reserve EMD
No. Price (Rs.)
(Rs.)
1. Equipment and Machinery located at Tower 2, Fourth floor,
2,79,760 28,000
lnternational lnfotech Park Vashi, Navi Mumbai-400703.
2. Vehicles being Fortuner 3.0 L 2WD AT and Rexton located at
6,99,685 70,000
NRI Complex, Nerul, Navi Mumbai
3. Equipment and Machinery located at Tower 2, Fourth floor,
(Combined International lnfotech Park Vashi, Navi Mumbai-400703 and
9,79,445 98,000
Lot 1 & 2) Vehicles being Fortuner 3.0 L 2WD AT and Rexton located at
NRI Complex, Nerul, Navi Mumbai

This Sale Notice shall be read in conjunction with the Tender Document containing detailed terms &
conditions of e-auction sale, which is available by email to [email protected]

For any query, contact Mr. Dixit Prajapati (M: 7874138237) or through Email: [email protected] or
to the Email of the Liquidator, [email protected]

Sonu Gupta
Liquidator of Pan India Network Limited (In Liquidation)
Date: 16-12-2022 IP Reg. No.: IBBI/IPA-001/IP-P02261/2021-2022/13534
Place: Mumbai Validity of AFA till 12.04.2023

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