Borrower Name

M/s.KUSHALAVA SPINNERS AND GINNERS PVT. LTD

Bank Name

Punjab National Bank

Property Type

shed with plant and machinery

Location

M/S. KUSHALAVA SPINNERS AND GINNERS PVT. LTD. H.No: 23/11-124, Sadhu Complex, Eluru Bazar, Near Flower Market, Guntur-522003. (A/C No 4238008700001304 & 423800IB00000174). Represented by Managing Director:-Sri Sadhu Siva Sankar Rao, Directors:-Sri Vuggirala Srinivasa Rao, Smt Majeti Sri Vasavi. Guaranteed by: Sri Sadhu Siva Sankar Rao, Sri Vuggirala Srinivasa Rao, Smt Majeti Sri Vasavi. Demand Notice dated 08-04-2021 (Date of NPA 30-11-2020) for the total dues to the Bank is Rs.10,83,18,442/- (Rupees Ten crores eighty three lakhs eighteen thousand four hundred and forty two Only) as on 30.09.2023 with further interest & other charges minus recoveries effected after the date of notice, till final payment. Date of Symbolic possession 18-06-2021.

Description

IP land admeasuring Ac.13.16 cents , in which R.C.C roof Ground floor building together with plant Machinery in D.No. 80 BY 13, 82 BY 5, 6, 8,9,10,11,83,84 BY 1,2, 3 of Marripalem village

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Area

13.16 cents

Possession

Symbolic

Locality

Marripalem, Guntur

City

Guntur

Reserve Price

5,70,44,000

Emd Amount

57,04,400

Auction Start Date & Time

Wed, 27 Dec 2023 11:00 AM
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Auction End Date & Time

Wed, 27 Dec 2023 04:00 PM

Bank Contact Details

Anil Kumar Bethapudi (9831200669)

EAuction Website

Punjab National Bank

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