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

Reserve Price (per Sq Ft)

45,480 per Sq Ft

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

EAuction Website

https://www.bankeauctions.com

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