Borrower Name

KANAKADHARA VENTURES PRIVATE LIMITED (In Liquidation)

Bank Name

Liquidation

Property Type

corporate debtor

Location

Corporate debtor as a whole. (as a going concern basis) Included assets: 1. Flat no. 514 in 5th floor Kanakadhara The Land Mark in sy no. 386, 387, 388 & 389 of Old Kara village, Near Saket, Kapra 500062 (1759 sft.) 2. Entire current assets of the company both present and future including book debts / receivables, bills whether documentary or clean, outstanding monies both present and future, due from M/s UP Rajkiya Nirman Nigam Limited (UPRNNL) for the turnkey projects / other projects. The below mentioned assets [excluded assets (sold assets), Excluded assets (Secured creditors want to deal directly) & Excluded assets (Avoidance applications)] do not form part of the offerings for sale of CD as a whole (as a going concern). Excluded assets (sold assets): 1. Flat No. 301 - 2240 sft. & Flat no. 401 – 1344 sft. Kesava Co-Op Housing Society, Srinagar colony Yellareddiguda, Hyd. 2. Plant, Machinery & office equipment etc. 3. Ac. 0.81 Cents in survey No. 27/13E…, Yendada Village, Visakhapatnam 4. 1000 Sq. Yards, Survey No. 23/2P, Yendada Village, Visakhapatnam. Excluded assets (Secured creditors want to deal directly): 1. Agricultural land in Sy.no. 83 at Gandhamguda village, Rajendra Nagar Mandal RR dist. (Ac 4-00 gts) Excluded assets (Avoidance applications): 1. Amounts to be recovered from the avoidance applications filed under IBC sec 66 Fraudulent transactions fo Rs. 42.20 crores. Application filed before NCLT, Hyderabad IA no. 141/ 2021 KVPL vs promoters, creditors & other connected parties of CD. 2. Amounts to be recovered from the Civil suits filed before the VII Metropolitian Magistrate Court Nampally court in 2263/2019 (STC NI No. 889 of 2023) KVPL vs Fairmount Constructions Pvt. Ltd., in the Rs. 9.85 crores cheque bounce case. -

Area

1759 Sq Ft

Locality

Nampally, Hyderabad

City

Hyderabad

Reserve Price

8,00,00,000

Emd Amount

80,00,000

Bid Increment

8,00,000

EMD submission

Mon, 21 Aug 2023 05:00 PM

Auction Start Date & Time

Thu, 24 Aug 2023 11:00 AM
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Auction End Date & Time

Thu, 24 Aug 2023 11:30 AM

Bank Contact Details

Authorised officer 99481 82222

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