The Federal Bank Ltd LCRD/Ernakulam Division, Ground Floor, Federal Towers, Marine Drive, Cochin-31, phone number:0484- 2385538,2201157 & email id: CIN: L65191KL1931PLC000368 website: Page | 1 Mercedes Benz GL 350 CDI, LMV-Motor Car > 1500, having chassis number - WDC1668236MO10390, Engine number - 64282641765764, Obsidian Black color, 2016 January model having Registration number - KL-23-M- 0555.The undersigned hereby give notice to the borrowers and general public that the Bank has decided to sell on 15 th July, 2023 the movable property described herein below on "AS IS WHERE IS", "AS IS WHAT IS", and "WHATEVER THERE IS" basis under Rules 8 & 9 of the said Rules for realising the dues of Rs.42,74,716.00 (Rupees Forty Two Lakh Seventy Four Thousand Seven Hundred and Sixteen only) as on 15-07-2023 with further interest, cost and other charges and thus the undersigned being the Authorised Officer of the Bank hereby invites from interested the sealed tenders for purchasing the property subject to the terms and conditions mentioned hereunder. Ranjana V appointed by Hon'ble CJM Court, Ernakulam in MC No.987/2022. Whereas the borrowers having failed to repay the amount within the stipulated time, the Authorized Officer on behalf of the Federal Bank Ltd has taken possession of the movable security property described herein below in exercise of powers conferred under section 13(4) of the said Act read with Rule 8 of the said Rules on 11-04-2023 through Advocate Commissioner, Adv. ![]() Zeenath C A, W/o Shoukath Ali C A alias Shoukath C A, Chullikkattu House, Pinarmunda, Peringala P O, Near BDPP, Ernakulam- 683 565 to repay the amount mentioned in the notice being Rs.4,79,19,108/- (Rupees Four Crore Seventy Nine Lakh Nineteen Thousand One Hundred and Eight Only) being the amount due under the credit facilities availed from Kakkanad/ Infopark branch, together with interest and costs and other charges within 60 days from the date of receipt of the said notice. The Federal Bank Ltd (hereinafter referred to as 'the Bank') through its Authorised Officer under the SARFAESI Act issued a demand notice dated 15-12-2021 calling upon the borrowers namely (1) Sri Shoukath Ali C A alias Shoukath C A, S/o Aliyar, Chullikkattu House, Pinarmunda, Peringala P O, Near BDPP, Ernakulam- 683 565 and (2) Smt. NOTICE FOR SALE OF SECURITY PROPERTIES ISSUED UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT 2002, (hereinafter referred to as Act) r/w SECURITY INTEREST (ENFORCEMENT) RULES, 2002 (hereinafter referred to as Rules).
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