the maharashtra state co-operative bank ltd., mumbai | p a g e the authorised officer of the...

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The Authorised Officer

Of

The Maharashtra State Co-operative Bank Ltd., Mumbai

(Incorporating The Vidarbha Co-Op Bank Ltd.) Sir Vithaldas Thackersey Memorial Bldg., 9, Maharashtra Chamber of

Commerce Lane, Fort, Mumbai – 400 001., Maharashtra

Reference No. MSCB/DIRR/SEC/100/78/2016-17

Dated 03/05/2016

BID DOCUMENT

For

Sale of Assets

Of

JAI SHIV SHANKAR SAHAKARI SAKHAR KARKHANA LTD.

VILLAGE MANJARI & BARAHALI, TAL. MUKHED, DIST. NANDED,

MAHARASHTRA

Under Securitisation and Reconstruction of Financial Assets and

Enforcement of Security Interest Act, 2002

And

Security Interest (Enforcement) Rules, 2002

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TABLE OF CONTENTS

I. COPY OF THE NOTICE OF SALE …………………………………………………………………………………….. 3

II. COPY OF POSSESSION NOTICE……………………………………………………………………………………… 5

III. INTRODUCTION ………………………………………………………………………………………………………….. 6

IV. DETAILS OF SECURED ASSETS- IMMOVABLE ASSETS/PROPERTIES………………………………… 7

V. DETAILS OF SECURED ASSETS- MOVABLE ASSETS AND MACHINERY…………………………….. 10

VI. OUTSTANDING DUES OF THE SECURED CREDITIORS……………………………..…………………….. 22

VII. TERMS AND CONDITIONS……………………………………………………………………………………………. 23

VIII. BRIEF DETAILS OF BID/OFFER DOCUMENT………………………………………………………………..... 29

IX. FORM OF BID/OFFER…………………………………………………………………………………………………….30

X. FORM OF APPENDIX TO THE BID/OFFER (DECLARATION BY THE BIDDER)………………………31

XI. FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER/COMPANY/FIRM/PARTY…………33

XII. CERTIFICATE OF SALE [See rule 7(2)] (FOR MOVABLE PROPERTY) ………………………………….35

XIII. CERTIFICATE OF SALE [See rule 9(6)] (FOR IMMOVABLE PROPERTY) ……………………………… 37

XIV. DEED OF UNDERTAKING CUM INDEMNITY…………………………………………………………………….39

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I. Copy of the Notice for Sale

THE MAHARASHTRA STATE CO-OPERATIVE BANK LTD., MUMBAI

(Incorporating The Vidarbha Co-Op Bank Ltd.)

(Scheduled Bank)

Head Office: 9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai – 400 001,

Post Box No. 472 Tel Nos. 91-022-22822217/22876020. Web Site: www.mscbank.com

TENDER NOTICE FOR SALE

SALE OF IMMOVABLE AND MOVABLE PROPERTIES OF JAI SHIV SHANKAR SAHAKARI SAKHAR KARKHANA LTD. IN

TERMS OF SECURITIZATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY

INTEREST ACT, 2002 (SARFAESI Act, 2002)

The Maharashtra State Co-Operative Bank Ltd., Mumbai hereby invites Bids/Offers in sealed envelopes for sale of

the following properties of Jai Shiv Shankar Sahakari Sakhar Karkhana Ltd. :-

Brief Description of the Properties:-

Sr.No. Particulars Location Land Area

1. Jai Shiv Shankar Sahakari Sakhar

Karkhana Ltd. :- Factory land and

Building, Plant and Machinery having

Capacity of 1250 TCD.

Village Manjari & Barahali, Tal. Mukhed,

Dist. Nanded, Maharashtra.

21 Hectare 47 Are

(Rs. In lacs)

Sr.No.

Property

Reserve

Price

Earnest Money

Deposit (EMD)

Date & Time of

Inspection

Date & Time of

Opening of Bids

Outstanding as

on 31/03/2016

1. Lot No.1 *

Land, Building and Plant/

Machinery 1250 TCD

2803.50

Lacs

280.35 Lacs 09/05/2016

11.00 a.m.

to

5.00 p.m.

16/05/2016

at 02.00

p .m., at H.O.

MSCB

Rs.813.43

Cons. Banks

Rs. 2512.36

(30/09/2015)

2. Lot No.2

Main Shed and Plant &

Machinery 1250 TCD

1842.49

Lacs

184.24 Lacs

*Preference will be given to the bidder who will bid for Lot No.1.

1.

The Bank intends to sell the assets detailed above as “AS IS WHERE IS, AS IS WHAT IS AND WHATEVER WHICH IS WITHOUT

ANY WARRANTY, GUARANTEE, WITHOUT ANY RECOURSE, ASSURANCE AND UNDERTAKING OR REPRESENTATION OF ANY

KIND WHATSOEVER”. The AO does not take or assume any responsibility for any shortfall of the movable/immovable assets,

for procuring any permissions etc., or for any dues, statutory or otherwise viz. Provident Fund, Sales Tax, Central Excise,

Worker’s Dues. Property Tax. Electricity Charges, Water Charges etc., of any authority established by law. Such dues if any,

both existing & future relating to the property will have to be borne/paid by the purchaser. For Lot No.2 & Lot No.1 on Prorata

basis. The encumbrances marked in 7/12 Extracts also need to be borne/paid by the Purchaser whatever is applicable as per

law.

2. On the date of opening of the tender, the AO will declare the highest bidder above the reserved price, as successful bidder. No

http://www.mscbank.com/

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inter-se bidding shall take place. The successful bidder would be required to bear all the necessary expenses like stamp duty,

registration expenses etc., for transfer of secured assets.

3. EMD should be paid through RTGS (RTGS/NEFT: IFSC: MSCI 0082002, A/c. No. 116459 MSCB Agro Dept.) to “The Maharashtra

State Co-operative Bank Ltd.,” on or before the date of submission of tender. The EMD shall be refunded to unsuccessful

bidder on the same date or next working day of opening of bid. The EMD will not carry any interest.

4. The Bid document can be downloaded or obtained from the undersigned during 03/05/2016 to 13/05/2016 on any working

day (except on Sunday and Public Holiday) between 11.00 a.m. to 5.00 p.m., on payment of non-refundable fee of Rs.25,000/-

(Rupees Twenty Five Thousand only) by cash. The Bid documents are available at Mumbai Head Office and Respective Regional

Office. Further it can also be downloaded from website of the bank www.mscbank.com In case of downloaded document; the

document fees shall be paid through RTGS/NEFT before submission of the proposal or by D.D. on nationalised bank at the time

of submission of proposal.

5. Tender submission on or before 13/05/2016 up to 5.00 p.m., at H.O., Mumbai

6. The AO reserves the right to accept/ reject any/or all the bids without assigning any reasons. In case all the bids are rejected,

the AO reserves the right to sell the assets by any of the mode as prescribed in the SARFAESI Act, 2002.

7. The Bid document is available on MSC Bank website (www.mscbank.com) from 03/05/2016

STATUTORY 15 DAYS SALE NOTICE UNDER SARFAESI ACT,2002

The Borrower/Guarantors are hereby noticed to pay the total outstanding dues before the opening of bid failing which the

secured assets will be auctioned and balance if any will be recovered with interest and cost from you.

Date :- 30/04/2016 SD/-

Place Mumbai (Pramod Karnad)

Managing Director & Authorised Officer

The Maharashtra State Co-Operative Bank Ltd., Mumbai

The public notice published following newspapers:

1. Loksatta (All over Maharashtra) dated 30/04/2016

2. The Financial Express dated 30/04/2016


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II. COPY OF POSSESSION NOTICE

THE MAHARASHTRA STATE CO-OPERATIVE BANK LTD., MUMBAI (Incorporating The Vidarbha Co-Op Bank Ltd.)

Head Office: Sir Vithaldas Thackersey Memorial Bldg., 9, Maharashtra Chamber of Commerce Lane, Fort,

Mumbai – 400 001, Post Box No. 472 Tel Nos. 91-022-22822217/22876020. Web Site: www.mscbank.com

Regional Office: Plot No.180, Vasant Nagar, Near Sharda Nagar Bus Stop, Nanded -431605.Maharashtra. Tel. No. 02462-284919/284745

POSSESSION NOTICE FOR IMMOVABLE AND MOVABLE PROPERTY

Whereas the undersigned being the Authorised Officer of The Maharashtra State Co-Operative Bank Ltd.,

Nanded Region, under the Securitisation and Reconstruction of Financial Assets & Enforcement of Security

Interest Act, 2002 and in exercise of powers conferred under Section 13 (2) read with rule 9 of the Security

Interest (Enforcement) Rules, 2002 issued the first demand notice dated 26/06/2012 and second notice

was issued on 02/09/2014.

The above notice was published in Dainik Lokpatra (Nanded Edition) newspaper on 13/10/2014.

Sd/- AUTHORISED OFFICER & ASST. MANAGER The Maharashtra State Co-Operative Bank Ltd., Mumbai Regional Office, Nanded.


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III. INTRODUCTION

The Maharashtra State Co-Operative Bank Ltd., at Mumbai in the State of Maharashtra (MSCB),

issued a demand notice dated 26/06/2012 and 02/09/2014 under Section 13 (2) of the Securitisation and

Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002 (hereinafter referred to as

“the SARFAESI Act”) calling upon JAI SHIV SHANKAR SAHAKARI SAKHAR KARKHANA LTD., a Co-operative

based unit situated at VILLAGE MANJARI & BARAHALI, TAL. MUKHED, DIST. NANDED, MAHARASHTRA., to

repay within 60 days from the date of said notice, the amount mentioned therein being of Rs.974.31 Lacs

of The Maharashtra State Co-operative Bank Ltd. and Rs. 2106.57 Lacs of consortium Banks (Vaidyanath

Urban Co-operative Bank Ltd., Parli; Ratnagiri District Central Sahakari Bank Ltd., Ratnagiri; Nanded District

Central Sahakari Bank Ltd., Nanded; Janlaxmi Sahakari Bank Ltd., Nashik; Sindudurg District Central

Sahakari Bank Ltd., Sindudurg & Osmanabad Janata Sahakari Bank Ltd.), totalling Rs. 3080.88 Lacs.

Together with further interest and other expenses and costs thereon at contractual rates upon the footing

of compound interest until payment/ realisation.

Authorised officer (AO) of The Maharashtra State Co-Operative Bank Ltd., has taken possession of

the assets on 09/09/2014 which are mortgaged/hypothecated by the Borrower for securing the loans

availed from The Maharashtra State Co-Operative Bank Ltd., Mumbai as indicated in the Bid document,

after complying with the procedure in the presence of witnesses/Panchs, besides other officials of MSC

Bank. The AO, after taking possession of the assets caused the inventory of the assets to be prepared. The

AO published the Possession Notice in the newspapers as required under the SARFAESI Act. The AO has

also engaged the services of security to protect and guard the secured assets and also insured the assets

from possible perils/risks. The AO has also got the assets valued after taking possession as required under

the SARFAESI Act.

The list of secured assets being put on sale is mentioned in Annexure IV and V hereunder.

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IV. DETAILS OF SECURED ASSETS -IMMOVABLE ASSETS/PROPERTIES

JAI SHIV SHANKAR SAHAKARI SAKHAR KARKHANA LTD., situated at - VILLAGE MANJARI & BARAHALI, TAL.

MUKHED, DIST. NANDED, MAHARASHTRA. The brief description of the properties mortgaged is as under:

Lot No.1 consists of Parts of Lot No. 1 & Lot No. 2

Land - Part of Lot No.1

As per

Mortgage

As per 7/12 Extract Area Considered for

Valuation

Sr.

No.

Gut No. Area in

H – A

Area in Hector /Are

Village- Manjari

1. 118 2 – 42 2 – 42

0 – 80

2. 129 0 – 81 0 – 81

3. 129 0 – 40

4. 129 0 – 40

5. 130 0 – 62 0 – 62

6. 131 0 – 60 0 – 60

7. 132 0 – 60 0 – 60

8. 133 0 – 63 1 – 26

9. 133 0 – 63

10. 134 0 – 65 0 – 65

11. 135 1 – 18 0 – 18

12. 149 0 – 80 0 – 80

13. 150 0 – 80 0 – 80

14. 151 0 – 81 0 – 81

Village- Barahali

15. 1420 0 – 97 0 – 97

16. 1421 0 – 39 0 – 39

17. 1422 0 – 32 2 – 02

18. 1422 0 – 85

19. 1422 0 – 85

20. 1424 0 – 81 1 – 62

21. 1424 0 – 81

22. 1425 1 – 11 1 – 46

23. 1425 0 – 35

24. 1428,35,36 0 – 30 0 – 18

0 – 12

0 – 13

25. 1428,35,36 0 – 24

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26. 1431 1 – 71 1 – 71

27. 1432 0 – 48 0 – 48

28. 1433 1 – 43 1 – 77

29. 1433 0 – 34

30. 1433 0 – 24

31. 1433 0 – 42

32. 1437 0 – 27 0 – 27

Total 23 – 24 21.47

Building Details -Part of Lot No.1

Sr. No. Building Name & Description Built up Area in

Sq. Mt.

1. Time office, Cane A/c

RCC Slab

483.60

2. Security Cabin (Simple )

(G.I. Sheet Roofing )

15.48

3. Sugar Sale office

RCC Slab.

18.60

4. Meeting Hall & Store

(A.C. Sheet Roofing )

456.25

5. Office MD, Shetki, Cane,

Lekha, Prashasan Vibhag, Director etc.

RCC Slab

275.20

6. Weigh Bridge Truck

RCC Slab

20.25

7. Weigh Bridge Bullock Cart

Without Roofing

14.10

8. A Type Quarter

RCC Slab

6 Rooms x2

(12 Nos. Quarter )

535.60

9. C Type Quarter


6 Rooms ( 6 Quarter)

308.55

10. C Type Quarter


6 Rooms X2 (12 Quarter)

612.00

11. Quarter

(G.I. Sheet Roofing )

10 Rooms

190.38

12. Quarter


300.96

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8Rooms

13. Type Quarter


8Rooms

284.80

14. Diesel Pump

RCC Slab

28.09

15. Amenities -

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V. MOVABLE ASSETS AND MACHINERY & MAIN SHED - Lot No.2

Sr. No. MACHINE

1. Cane Unloader :

Techno craft cranes Pvt. Ltd, Mumbai Make to motion all motorized span 22 Mtrs. capacity 7.5Tones/lift, capable of 20 lifts per hour of cane Unloading on Feeding table. All electrical drive motors 420 volts, 3 phases, 50 Hz.

2. Feeder Table :

I cane feeder table of size 6 Mtrs x 7 Mtrs to be installed at right angle to the cane carrier type drag. Chain, speed regulation is 1 to 3Mtrs. /Minutes. Chain pitch is 150 mm, Braking load 40 T, drive BHP and coupled.

3. Cane Carrier :

Size width and length between Centres and length of horizontal part and feeding depth

A)Particular

a) Size 1220mm x 45000 mm b) Inclined part length 16925 mm c) Horizontal part length 28825 mm d) Angle of inclination 18˚ & 8˚ e) Speed 2 Mtrs. to 8 Mtrs. / min f) Feeding depth 1235 mm g) Chain two stands pitch 150 mm h) Breaking load of chain 40 MT i) Gearbox ratio 80 : 1 j) Dyno drive 30 HP 1200 RPM

B)Drive (HP)

Steam of electrical Mtrs /min Electrical 2 to 8 State type and range

1,10,1000, 1000 of the variable speed

C) Preparation of Cane :

A) Cane Kicker

a. No of Arms 26 Nos. b. Size 1200 mm x 1220 mm c. Direction of rotation Reverse. d. Location Before leveller centre e. Drive 20 HP f. Speed reduction gear box Ratio 40:1 g. Clearance between tip of the kicker and top of the cane carrier is

600, mm.

B)Cane leveller

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State no. of sets, No. of pitch of : I cane leveller set having 24

each set and particular of Knives driven by electric

Drive specification RPM, HP for intro of 100BHP,Alstom

Each Set make with 580RPM.

Clearance between tips and : Clearance between tips

carrier beds, location of knives & carrier bed is 220mm

9 if two sets centre to centre

Distance.)

i)Particulars

a. No. of knives 24 Nos.

b. Pitch 48.4 mm c. Dia. of Tip 1400 mm d. Location At the start of inclined Portion e. Setting 200 to 250 mm f. Drive Electric motor

g. KW/HP 75/100

h. RPM 580

C)Particular of the other

Swing type Hammer

a. No of hammer 68 Nos.

b. Anvil plate Fabricated & Pocket type

c. Angle 180 degree

d. Dia. of tip 1980 mm

e. RPM 750

f. Drive 2 x 350 HP x 750 RPM

g. Shaft Dia. 160 mm

1) Rake Elevator:- a. Type Rake b. Size 1220 mm c. Capacity 70 Tones d. Breaking Strength 40000 Kgs. e. Speed 10 to 25 Mtrs/Min. f. Gear Box Ratio25 : 1 g. HP 20

2) Rake Inter Carrier

a. Type Rake type conveyor b. Size 1220 mm c. Capacity 70 Tones

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d. Breaking Strength 40000 Kgs. e. Speed 10 to 25 Mtrs/Min f. Gear Box Ratio 25 : 1 g. HP 15

3) Bagasse Elevator A] type length & drive HP of separate Drive

a. Type Chain Slat

b. Size 1000 mm x 31200 mm (centre to centre)

c. Capacity 25 Tons of bagasse per hour.

d. Drive Electric Motor, 20 HP, 1440 RPM

e. Speed reduction Gear Box Gear Box Ratio 26: 1

4) Return Bagasse Carrier

A] Type Length & driver olla of separate Drive

a. Type Chain Slat

b. Size 1000 mm x45000mm (Centre to Centre)

c. capacity 25 Tons of bagasse per hour.

d. Drive Electric Motor, 40 HP, 1440 RPM

e. Speed reduction Gear Box Gear Box Ratio 30: 1

4

Drive for Crusher & Mills

A)If electrical motor used state no. & type of motors particulars of Current No. of crusher & Mills

Driven by each motor & hp developed of full load by each motor.

Type of motor–4 Nos. of DC electric motors,300 HP SPDP Slip ring motor, Rated Speed 1000 RPM Gear Box make – Flender Ltd Gear Box Size – H3 SH 16 Gear Box Ratio – 1000 : 24.82 Gear wheel to pinion teeth ratio-124- 34

MILL ROLLER DETAILS :

Mill setting for season 2003 – 2004

Krupp make 1250 – TCD Plant (Mill size” X 48”)

Four Nos. mill 12 roller tandem, 690 mm X 1220 mm with under feeder roller, TKIIL Make

Mill No.

Roller Type

Roller Dia mm

Roller Pitch mm

Angle

Depth mm

Landing mm

Opening Trash Opening

Trash width mm

1st Top 632 35 50° 26 5

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Feed 684 35 40° 34 5 35

Dis 701 35 45° 30 5 14 69 278

UFR 690 35 40° 34 5

2nd TOP 684 35 50° 26 5

Feed 682 35 40° 34 5 26

Dis 703 35 45° 30 5 11 48 277

UFR 690 35 40° 34 5

3rd Top 679 35 50° 18 4

Feed 680 25 40° 24 4 21

Dis 701 25 45° 20 4 9 39 279

UFR 690 25 40° 24 4

4th Top 677 25 50° 18 4

Feed 683 25 40° 20 4 19

Dis. 701 25 45° 20 4 8 35 279

UFR 690 25 40° 24 4

1.Chevron grooves an all top rollers, only with ends leading 16* from

Centre line of rollers

2.Meschert grooves for first and second pitch 70 mm, for third & fourth pitch is 75 mm

3.S.S. lined Don ally chute for all mills

Type hydraulic Accumulator

Make- EPE Process Filter & Accumulator Pvt. Ltd.

The system is designed for an oil pressure of 280 Kg./Cm2

A] Mill house Crane & Gantry

The motion electrically operated overhead mill house traveling crane

Capacity 10 Tones Main Hoist Motor 15 HP T.E.F.C type Long travel motor 10 HP slip ring T.E.F.C Type Cross travel motor 5 HP slip ring T.E.F.C type Hoisting speed 2 Mtrs./Min Cross travel speed 10 Mtrs. /Min. Long travel speed 10 Mtrs./Min.

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a]Gearing arrangement

Type reduction ratio & type of teeth

1. For hoist- type – helical, ‘C’

Ratio –212.5:1

2. For cross travel – type – helical ‘E’ Ratio-46.853:1

3. For long travel type – helical ‘E’

Ratio - 32.63

5. B]Imbibition

1]State whether water used is hot or cold arrangement provided for Measuring or weighting

Imbibition by hot water before 3rd mill I flow meter of capacity 30 T/Hour.

2]State tie Imbibition scheme followed

Compound imbibition scheme.

6. Clarification Plant

Measurement of Weighment of raw juice

One magnetic flow meter to measure raw juice of range 70 T/Hr make – INDPRO one common check weighing system for juice & water.

7. Juice Heater

State No. type & heating Surface {Sq. Mt} of each whether They are working on vapor, on Steam & propose for witch cash is used

H.S.

No. of passes

No. of Tubes (S.S)

Dia of tubes (S.S)

Length of tubes

Five Nos.

In that 3 for raw juice I for clear Juice & one for dynamic Juice heater.

Raw juice Clear juice heater Dy. juice heater

120 m² 200 m² 200 m²

16 16 16

224 368 368

O.D 45mm x 18 SWG O.D 45 mmx18SWG O.D 45mm x 18 SWG

4100mm 4100 mm 4100 mm

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8. Juice Sulphitation Tank :

Statement No, type & gross working Capacity (CuM) of each

Together with circulation Arrangement

One No. Continuous Juice sulphitation unit having capacity90HL

Working capacity – 65 T/Ht. Retention time – not less than 7 min.

9. CLARIFIER:

Continues subsider No. & working capacity in (Cum) of each.

One No. continuous settler Universal Heavy Engg. Make having four No. Compartments 6200 mm dia. X 6096mm height having juice holding capacity of 1800 HL.

10. Sulpher Gas plant

Sulpher Furnace

Sulpher Furnace State type & No, furnace tray area Is Sq. Mt for each furnace

Two Nos. sulphur furnace continuous type suitable for burning 50 kg, of sulphur per hour.

2)Air Compressor

State type & No capacity in cu.m. Placement per unit & displacement per unit & delivery pressure in (Kg./Cm2)

Their air compressor each capable for supplying 225 M3 free air delivery per hour at 1 Kg/Cm2 pressure

Make – Ingersoll Rand compressor

Model No./ size – ESV – 1 – LUB, /8 x5

11. FILTRATE PRESURE

1) Rotary vacuum filter, state No. Type make dia. & length of filtering

Area together with details of screen.

1 Nos. Rotary vacuum filter universal Engg.

Make size - 2.44 Mtr. Dia. x 4.88Mtr.long having nominal filtration area of 36 M2

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12.

MILK OF LIME PLANT

Details of lime slacker, type size, RPM etc. give details of Country kiln size & Capacity

: One continuous type lime slacker capable of slacker capable of slacking about 200 Kg. Of quick lime per hour. RPM – 6 to 8 RPM. Akoran/ rake type lime Classifier with screw type grit remover & hydro Cyclone type classifier two milk of lime storage Tanks of capacity of about 100 HL with stirrer.

Classifier with screw type grit remover & Hydrocyclone type classifier. Two milk of lime storage tanks of capacity of about 100 HL with stirrer.

13. Evaporation & Boiling Plant :

EVAPORATION AND BOLLING PLANT : Boiling House

EVAPORARORS

(The vessel from which vapor are Bled should be specified stating the use to which the bleed vapors are put to)

1.State no and for each evaporator The no of vessels and total heating

Surface (in Sq. Mt) of each vessel Together with dimensions of body

& size of vapor of each body.

Sr. No Evaporator I VCI II VC II III R IV

A Hs Sq Mt 1100 800 300 150

B Dia (mm) 4400 3900 2400 1800

C No of tubes 4153 3209 1126 563

D Tube Size O.D.45X 18 SWG O.D. 45X18 SWG O.D.45MM X 18 SWG O.D 45 MM X 18 SWG

E Tube height (mm) 2000 2000 2000 2000

F Height of body (mm) 10550 10550 9690 10261

G Vapor pipe dia (mm) 800 750 600 600

H Vapor bleeding J. H.

Arrangement Pan 2,3,4 Pan 1,2,3,

Arrangement for drawing condensate from vessel

Condensate extracting pumps are provided for drawing condensate from each vessel.

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14.

SYRUP TREATMENT PLANT

Sulphuring tanks state No. & Working capacity (in Cu Mtrs) & Gross capacity continues or Intermittent

One continuous syrup sulphitation unit of 25 HL working capacity.

15. SYRUP STORAGE

State no of tanks capacity (in Cu. Mtrs) of each

200 HL capacity, 5 Tanks

16. MOLASSES STORAGE

State No of tanks capacity (in Cu. Mtrs)

400 M2 (23000 mm dia x 9750 mm height)

17 VACUUM PANS

a. State type of pans of each type (i.e. coiled or Calendria or coiled & for each pan of state the normal strike capacity (hi) & the total heating surface (m²)

Four pans each of 40 tones strike capacity Heating Surface-180 m² & Calendria Length of Tubes-750mm SS Tube width OD90mm thickness 16 SWG No of tubes – 972.

b. Given particulars of apparatus if Any provided

1. For recording vacuum

2. For controlling pan boiling

3. Details of save all and juice Catches

Vacuum gauge

Temperature gauge

Umbrella type

18. CONDENSATION PLANT

a)State type, dia & height (in mm)

Also given particular connected to each condensers

Five multijet condensers as under one for evaporator having Dia. 600mm & Four for vacuum pans with dia 900mm

b)Condenser water pump state no type & capacity (Ltr / sec) for each

There Injection Pumps (One Stand by) having capacity 925 m3 / Hr. Head -18 Mtrs.

Make – Gita

Type – centrifugal Pump HP 100 HP

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19.

WATER COOLING SYSTEM

Cooling tower state plan from

(Sq. Mt)

Three pumps one stand by having capacity 925 m3/Hr. head –18Mtr, Make Gita Type – centrifugal pumps HP-100HP.

20. COLING CURING & DRYLING

CRYSTALLIZER

State no & type of each crystallizers (open or closed & jacketed etc.) & for each crystallizer given the normal.

1. Two each of 55 T U – Shaped water cooled crystallizers for A Massecuite

2. Two each of 55 TU- Shaped water cooled Crystallizers for B Massecuite.

3. Three each of 55 T U – shaped water cooled For C massecuite & one of 55 T. capacity air Cooled installed as receiver.

21. SEED CRYSTALLIZER

1)Mention no and size (in Hecto litres for each)

Two crystallizers of capacity 20 MT one for dry seed & one for B seed two vacuum Crystallizers of capacity 20 Mt. for B & C massecuite.

2)Give details of reheating arrangement in pug mill

Reheating of C massecuite is done transient heater is capable to heat.

22. CENTRIFUGAL MACHINES

State type no of machines used as Fore and after worker separately for each type of massecuite and mention separately their basket dia. & height in mm (i.e. bell, electric and whether manually operated semi- automatic or completely automatic

A) For A massecuite 2 Nos. Of TKIIL make centrifugal machine with DC motor & Thyrister convertor & fully automatic & recycling type of single curing of capacity 1250 Kg./ charge 20 cycles/ Hr. basket size – 42’’x50’’ flat bottom

B) For B massecuite one Continuous Centrifugal machine having capacity of 12 Mt./ Hr RPM – 1800 RPM type – KC 1100 T 30°R

C) One continuous centrifugal machine for C after having capacity of 12 Mt/Hr. driven by belt system RPM

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– 1800 RPM.

D) Two continuous centrifugal machine for C fore worker having capacity of 6 Mt/Hr. driven by left system RPM- 2000 Type –m KC 1100 T R30° R

23. SUGAR DRYETS

State no & type (e.g. granular grass hopper cooling tower etc.) & total heating surface (in Sq. Meter) in case of hopper drier its width and length

A) One single tray grass hopper size – 1200 mm width x 12000mm length

B) Two multitray grass hoppers & Size-1200mm width x15000mm length driven by 10KW T.E.F.C. electric motor one with hot air blower & other with cold air blower

24. SUGAR ELEVETOR

One No. of sugar elevator with Capacity – 10 Mt. of sugar / Hr. Height 11 Mtrs. Speed 30 Mtrs/min

25. Sugar grader

One No. of sugar grader with Four deck system having Capacity 10 Mtr /Hr. S.S.Screen-8,12,16,18

26. Boiler :

State no, type of boiler & for each boiler its working pressure in Kg.Cm2 heating surface grate area, for bagasse & coal in m² super heating grate area for bagasse surface and degree of super heater and details of soot blower

One No. of TKIIL Make water tube boiler with Heating Surface-1783 m² Temp. 440°C Capacity-35MT/Hr. Damping grate furnace having 23 m² area, Super heater heating surface 340 m² four soot blower Rotary type.

27. FEED WATER TREATMENT

Give particular of arrangement if any for softening of otherwise treating the feed water entering boiler.

DM plant including cation, Anion, Degasser of “ ION EXCHANGE” make having capacity 15m2/Hr. storage tank capacity-125m3/hr

28. AUXILAIRY FUEL

Give particular of arrangement for burning auxiliary fuel if any (e.g. crude oil molasses etc)

Fire wood which is fired in the furnace manually

29. Power plant :

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Prime movers, state nos, of prime movers.

Three Nos. of prime movers, one steam turbine and two diesel engines.

1) Purpose of diesel engine is generation of electricity

Make – Cummins India Ltd.

Type – KT – 1150 – G

Bore – 159 mm

Stroke-159mm

No. of cylinders – 6 Nos.

Speed – 1500 RPM

BHP- 380 BHP

2) Steam Turbine one No.

Make – Alstom Make Speed – 6000 RPM

Inlet steam pressure –45 Kg.Cm2. Temp- 440°C

Exhaust pressure –I Kg/cm2

30. WORK SHOP AND OTHER MACHINARIES

1) LATHES

Two Nos. of lathes are installed

One is “Karnataka Machine Tools” make

Type – KMT-3, Model – KMT,

Bed length – 10, Centre of height – 9 ½”

One is “ORBIT” Make

Bed length -12’ centre of height 500mm.

2)DRILLING MACHINE

One universal radial drilling machines of “Multitech radial Drilling Machine s’’ Make Model AG 2, capacity – 50 mm. max speed – 650 RPM, min speed 30 RPM.

3). SHAPING MACHINE

One shaping machine of “Sagar Engg. Works, Ludhiana” Make Stroke 24”

4). GRAINDING MACHINES

Two Nos. of grinding machines are installed

1) One grinding machine of Capacity -1 HP, RPM – 3000 RPM, Size–250mm

2). One grinding machine of Capacity-2 HP, RPM -1440RPM

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Size – 300 x 50 x 25.4

5)POWER HACKSAW

High speed machine “Chudasama Precision Tools” Make

Model C-9.

6)OTHERS

1) Two Bailing machines of bailing capacity – 5MT /Hr

2) Two weighbridges which are fully electronic in that one is of 40

tones capacity and other is of 10 Tones.

7)EFFLUENT DISPOSAL

Effluent Treatment plant is constructed & is in operation. All the

Provisions are made as per “MWPCB”.

31. Main Factory Building (A.C. Sheet Roofing )

D. G. Room (A.C. Sheet Roofing )

Power House Gr. floor (A.C. Sheet Roofing )

Turbine 1st floor (RCC Roofing )

Boiler House (A.C. Sheet Roofing )

Meter Room (A.C. Sheet Roofing )

Work shop (A.C. Sheet Roofing )

Aliver Section (G.I. Sheet Roofing )

Pump House (Feed Pump) (A.C. Sheet Roofing)

Electric Panel Room (A.C. Sheet Roofing )

Chief Engg. Off. Lab. Etc (A.C. Sheet Roofing )

The movable and immovable assets are put to sale on “AS IS WHERE IS, AS IS WHAT IS AND WHATEVER

THERE IS BASIS WHICH IS WITHOUT ANY WARRANTY, GUARANTEE, WITHOUT ANY RECOURSE,

ASSURANCE and UNDERTAKING OR REPRESENTATION OF ANY KIND WHATSOEVER”.

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VI. OUTSTANDING DUES OF THE SECURED CREDITORS

As per SARFAESI Act, MSC and consortium banks are defined as secured creditors as its total

outstanding as on 31/03/2016 & 30/09/2015 respectively are given as under -

Plus further interest from 01/04/2016 & 01/10/2015 respectively.

Sr.No: Name of Secured Lender Amount (Rs. In lakh)

1. The Maharashtra State Co-Operative Bank Ltd. (As on 31/03/2016)

813.43

2. Consortium Banks (As on 30/09/2015) – 1. Vaidyanath Urban Co-operative Bank Ltd.,

Parli; 2. Ratnagiri District Central Sahakari Bank

Ltd., Ratnagiri; 3. Nanded District Central Sahakari Bank

Ltd., Nanded; 4. Janlaxmi Sahakari Bank Ltd., Nashik; 5. Sindudurg District Central Sahakari Bank

Ltd., Sindudurg & 6. Osmanabad Janata Sahakari Bank Ltd.

2512.36

TOTAL in Rs. 3325.79

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VII. TERMS AND CONDITIONS

1. The Authorised officer (AO) exercising the powers under the Securitisation & Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with Security Interest (Enforcement) Rules, 2002 (hereinafter referred to as “the SARFAESI Act”) is selling assets/properties mentioned in item No. IV & V of the Bid Document (hereinafter referred to as “the Secured Assets”) and the same are being sold by the Secured Creditors as mentioned at item No. IV & V of the Bid Document.

2. Issue of the Bid Document:- The Bid document can be downloaded or obtained from the undersigned during 03/05/2016 to 13/05/2016 on any working day (except on Sundays and Public Holidays) between 11.00 a.m. to 5.00 p.m., on payment of non-refundable fee of Rs.25,000/-(Rupees Twenty Five Thousand only) by cash. The Bid documents are available at Mumbai Head Office and Respective Regional Offices/ Pay Offices. Further it can also be downloaded from website of the bank www.mscbank.com In case of downloaded document; the document fees shall be paid through RTGS/NEFT before submission of the proposal or by D.D. on nationalised bank at the time of submission of proposal.

3. Reserve Price: The Reserve price for the sale of the secured assets is detailed below. The property will be sold in lots. (Rs. In Lacs)

Lot No.

Description Reserve Price (Rs.)

Earnest Money Deposit (EMD) (Rs.)

1. Land, Building, Plant /Machinery 2803.50 280.35

2. Main Shed and Plant & Machinery 1842.49 184.24

The preference will be given to bidder who will bid for Lot No.1. The Bidder who wants to bid only for Lot No. 2, will have to pay a refundable security deposit (not carrying any interest whatsoever) of Rs.20,00,000/- (Rupees Twenty Lacs Only), other than the Bid amount. The successful bidder at the time of Dis-assembling/Dismantling of the plant should take care of the civil structures, other than the main shed. While dismantling the plant the stability of the civil structures should not be disturbed. The successful bidder after lifting the machinery will reinstate the civil structure (e.g., Walls, RCC Columns and Flooring etc.) and remove the debris out of the site. If the successful bidder will not fulfil this condition, to the satisfaction of AO of Bank, the said security deposit will be forfeited. After the plant is completely removed from the site, the Authorised Officer along with the successful bidder will inspect the civil structures and only after ensuring the condition/state of the buildings/structures, the security deposit will be refunded.

4. The Bank intends to sell the assets detailed above as “AS IS WHERE IS, AS IS WHAT IS AND WHATEVER THERE IS BASIS WHICH IS WITHOUT ANY WARRANTY, GUARANTEE, WITHOUT ANY RECOURSE, ASSURANCE AND UNDERTAKING OR REPRESENTATION OF ANY KIND WHATSOEVER”. The AO does not take or assume any responsibility for any shortfall of the movable/immovable assets, for procuring any permissions etc., or for any known or un-known dues/liabilities, or for any dues, statutory or otherwise viz. Provident Fund, Sales Tax, Central Excise, Worker’s Dues. Property Tax. Electricity Charges, Water Charges etc., of any authority established by law. Such dues if any, will have to be borne/paid by the purchaser. The encumbrances marked in 7/12 Extracts also need to be borne/paid by the Purchaser whatever is applicable as per law. All the statutory dues/encumbrances shall be borne/paid by the Bidder bidding for Lot No. 1. All the statutory dues/encumbrances shall be borne/paid on pro rata basis of the sale price for the bidders bidding for Lot No. 2.


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5. Inspection of Assets: The interested parties may inspect the assets at their own cost between 11.00 a.m. to 5.00 p.m., on the assigned date i.e., 09/05/2016 in the presence of representative of the AO available at the site to facilitate the inspection.

6. Due Diligence by the Bidders: The interested parties may carry out their own comprehensive due diligence in respect of the Secured Assets including any dues relating to the Secured Assets. A bidder shall be deemed to have full knowledge of the condition of the assets, relevant documents, information, etc., whether the bidder actually inspects or visits or verifies or not.

7. The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose, the Bidders may, in their own interest and at their own cost, verify the area of land and buildings and details of the movable assets and any other relevant information before submitting the Bids. It shall be presumed that the bidder has satisfied himself/herself/themselves about the names, descriptions, particulars, quantities, qualities, specifications, measurements, boundaries of the assets/properties and that the bidder concurs or otherwise admits the identity of the assets/properties purchased by him/her/themselves notwithstanding any discrepancy or variations, by comparison of the description in the particulars of the assets/properties and their conditions. Conditional Bids will not be accepted.

8. The Known dues as per the knowledge of Authorised Officer are as follows: Dues as per the Balance sheet (unaudited), dated- 31st March 2014 -

Sr. No. Particulars As on 31.03.2014

1. Provident Fund dues 88,26,767.00

2. Income Tax dues (T.D.S.) 18,43,610.00

3. Profession Tax dues 14,06,665.00

4. Excise duty dues Sugar 48,63,520.00

5. Service Tax dues 1,57,881.00

6. Vat Tax dues 1,08,45,572.00

7. Press-mud Excise duty 39.00

8. Workers Salary dues inc. Unpaid

Salary dues and Honorary Payment

dues

Rs. 97,35,606.00

9. Electricity Bill Dues Rs. 42,779.00

10. Excise duty dues Rs. 79,944.00

11. Molasses Excise duty Rs. 8,89,201.00

Total Rs. 3,86,91,584/-

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Dues as per the Letters obtained from the authorities -

Sr. No. Particulars As per data

1. Land Revenue

(Received from Tahasildar, Mukhed), as on 1st Dec 2015.

Rs. 4,66,694/-

2. Cane Purchase Tax from Sales Tax Officer, Sales Tax Department, Nanded as on June 2012.

Rs. 4,36,51,600/-

3. BST from Sales Tax Officer, Sales Tax Department, Nanded as on 2009-2010.

Rs. 3,85,00,000/-

Total Rs. 8,26,18,294/-

9. As per the knowledge of Authorised Officer, the following court cases are pending against

the Karkhana-

1. Osmanabad Janata Sahakari Bank v/s Jai Shiv Shankar SSK Ltd. 41/2011, Amount Rs.1680.00

Lacs, Year 2011.

2. Janlaxmi Sahakari Bank ltd. Nashik v/s Jai Shiv Shankar SSK ltd. 202/13, Amount Rs.397.20

Lacs. Bank filed case to recover dues in Hon’ble Co-operative Court.

3. M/s. Dolphin system, Pune v/s Jai Shiv Shankar SSK Ltd., in the Court of Civil Judge Senior Div.,

Pune Suit No.44/2006, Rs.10,94,143.70

10. The Bidders shall not be entitled to receive re-imbursement of any expenses which may have been incurred in preparation of the Bid/Offer for submission and/or for carrying out due diligence, search of titles to the assets and matters incidental thereto or for any other purpose in connection with the purchase of the assets under reference.

11. Submission of Bid/Offer: The Bidder shall complete the Bid/Offer form(s) annexed to the Bid Document in all respects, quote the price and furnish the information called for therein and shall sign and date each of the documents in the space provided therein for the purpose. The Bidder shall initial each page of the Bid/offer. The Bidder has to quote the offer price in figures and words in Indian Rupees. In case of discrepancies in offer price quoted, the price quoted in words will be considered as quoted price for evaluation by the Bank.

12. The Bid/offer shall contain the full address, telephone nos., fax no, email id, if any, of the Bidder for serving notices required to be given to the Bidder in connection with the Bid/Offer.

13. The Bid/Offer shall be signed by a person or persons duly authorised by the Bidder with signature duly attested.

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14. The Bid/Offer form and the documents attached to it shall not be detached one from the other and no alteration or mutilations (other than filling in all the blank space) shall be made in any of the documents attached thereto.

15. Last date of submission of Bid/Offer Document: The interested parties may submit their unconditional and qualified bids to the MSC Bank in two separate sealed envelopes so as to reach the MSC Bank not later than 5.00 p.m., on 13/05/2016, one sealed envelope which shall be super scribed as “Technical bid for “JAI SHIV SHANKAR SAHAKARI SAKHAR KARKHANA LTD.,” lot-wise containing following documents.

i. Bid document (form X and XI) as per format. ii. Copy of Memorandum & Articles of Association with Registration Certificate (if applicable) iii. Copy of Deed of Partnership with certificate (If applicable) iv. Bye-laws of the Co-op Society v. Last 3 years Audited Balance Sheet vi. Last 3 years Income Tax Returns vii. Pan Card copy of Firm/partners/Company/Directors/Individual viii. Copy of Resolution ix. Receipt of RTGS payment made to MSC Bank x. Earnest Money Deposit paid to “The Maharashtra State Co-Operative Bank Ltd.,

Mumbai, through RTGS (RTGS/NEFT: IFSC: MSCI 0082002) of The Maharashtra State Co-operative Bank, Agro Department, Mumbai having its Account No. 116459, on or before the date of submission of tender.

The other sealed envelope containing “IX Form of Bid-Offer” (as per format of bid document) super scribed as “Financial Bid for “JAI SHIV SHANKAR SAHAKARI SAKHAR KARKHANA LTD.” Both the sealed envelopes shall be put together in one sealed envelope which shall be super scribed as “Offer for “JAI SHIV SHANKAR SAHAKARI SAKHAR KARKHANA LTD.,” mentioning the Lot No., and addressed to Authorised Officer, The Maharashtra State Co-Operative Bank Ltd., Sir Vithaldas Thackersey Memorial Bldg., 9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai – 400 001., and should be dropped in the box kept at above mentioned address.

16. The submission of the Bid/Offer means and implies that the Bidder/Offer has unconditionally and irrevocably agreed to and accepted all the terms and conditions of the Bid/Offer detailed in the Bid Document.

17. The time hereinabove fixed for the observance and performance by the bidder of any of the obligations to be observed by him/her/themselves under these conditions is and shall be deemed to be of the essence.

18. Validity of Offer:- The validity of offer shall be 60 days from the opening of the Bid.

19. Opening of Bids: The Bids will be opened by the AO at 2.00 p.m., on 16/05/2016 in the presence of the representatives of the bidders. The envelopes containing Technical bid shall be opened first and only those Bidders will be permitted to remain present whose “Technical bid” is found to be in order.

20. The bidders whose “Technical Bid” has been found to be in order will be the qualified bidders. The “Financial Bid” of qualified bidders only will be opened. Only two representatives from each of the qualified bidders carrying the necessary authority letter and identity proof shall be allowed to participate in the opening of bid.

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21. On the date of opening of the tender, the AO will declare the highest bidder above the reserved price, as successful bidder. No inter-se bidding shall take place.

22. Bids/Offers with less than the Reserve Price as detailed in serial no. 3 and/or having incomplete Form of Bid/Offer shall be outright rejection.

23. Payment of Sale price: The successful bidder would be informed in writing about the acceptance of his/her/their bid/offer by the AO. The Successful Bidder shall deposit 25% of the amount of sale price, after adjusting for EMD already paid, within (7) Seven days of the acceptance of offer by the AO in respect of the sale failing which the EMD shall be forfeited .The balance 75% of the sale price is payable on or before 30 days of confirmation/acceptance of the sale by the AO. In case of failure to deposit this balance amount within the prescribed period, the amount deposited shall be forfeited. Balance payments other than EMD shall be made by way of crossed A/c Payee Demand Draft/ Pay Order drawn in favour of “The Maharashtra State Co-Operative Bank Ltd., Mumbai issued by any Nationalised/Schedule Bank or through RTGS (RTGS/NEFT: IFSC: MSCI 0082002) of The Maharashtra State Co-operative Bank, Agro Department, Mumbai having its Account No. 116459.

24. If the successful bidder could not deposit the balance 75% of the sale price within the stipulated period given to him/her/them, then on their request, the extension of time may be given and the Bank will charge interest at 18% p.a., on the balance amount. The Bank reserves the right to allow extension of time for balance 75% of the sale price.

25. The defaulting successful bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold.

26. On confirmation of sale and if the terms of payment have been complied with, the AO exercising the power of sale shall issue Certificate of Sale for the movable and immovable property in favour of the successful bidder as per the format provided in the Security Interest (Enforcement) Rules, 2002.

27. The successful Bidder shall, after making full payment of sale price within 30 days of acceptance of bid/offer or such extended period as may be granted by the AO at his/her sole discretion, arrange to take the possession of the secured assets within the maximum period of 30 days. It is explicitly stated that once the Certificate of Sale is issued by the AO, the AO will not be held responsible for security and safe keeping of the Secured Assets. In such an event, the original successful bidder shall no claims on the secured assets or to any amount/s for which it may be subsequently sold.

28. The successful bidder will be required to bear all the necessary expenses like stamp duty, registration expenses etc., for the transfer of assets in his/her/their name. it is expressly stipulated that there are no implied obligation on the part of AO or the secured creditors and it shall be solely the obligations of the Successful bidder, at his/her/their cost, to do all acts, things and deeds whatsoever for the completion of the sale including the payment of dues, if any, to get the assets transferred in the name of the Successful bidder.

29. General Terms and Conditions:- The AO shall be at liberty to add, amend/modify/delete/drop any of the above conditions as may be deemed necessary in the light of the facts and circumstances. The MSCB shall not be

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liable for any failure or delay in performance due to any cause beyond their control

30. The entire procedure of opening of Bids/Offers, the sequence of opening and bidding etc., shall be at the sole and absolute discretion of the AO and the intending bidders shall have no right whatsoever to object to the same.

31. The AO reserves the right and liberty to accept/reject any or all of the Bids/Offers and also reserves the right to cancel the entire sale process without assigning any reasons. In case all the bids are rejected or the successful bidder fails to make payments as required in the Bid document or withdraw his/her/their bid, the AO as his sole and absolute discretion, reserves the right to go for re-tendering or sell the assets by any of the modes as prescribed in the SARFAESI Act and the bidders shall have no right to object to the same.

32. In the event of the said sale in favour of the Bidder not being confirmed by AO, otherwise than on account of the wilful default of the bidder or if the sale is set aside by an order of the Court/Tribunal, then in that event the sale shall be void and the bidder shall, in that event be entitled only to receive back his/her/their Earnest Money Deposit (EMD) or purchase money as the case may be, but without interest and the bidder shall not be entitled to be paid his/her/their costs, charges and expenses of and incidental to the said sale and investigation of title or any other costs incurred by him/her/themselves.

33. Notwithstanding anything stated elsewhere in this Bid Document, the AO reserves the right to call off the sale process at any point of time without assigning any reasons.

34. Jurisdiction:- All disputes arising amongst the parties shall be adjudicated according to Indian Law and the Courts in Mumbai (Maharashtra) alone shall have jurisdiction to entertain/adjudicate such disputes.

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VIII. BRIEF DETAILS OF BID/OFFER DOCUMENT

The Maharashtra State Co-operative Bank Ltd., Mumbai (Incorporating The Vidarbha Co-Op Bank Ltd.)

(Schedule Bank)

BID/OFFER FORM FOR PURCHASE OF SECURED ASSETS/PROPERTY OF JAI SHIV SHANKAR SAHAKARI SAKHAR KARKHANA LTD., SITUATED AT - VILLAGE MANJARI & BARAHALI, TAL. MUKHED, DIST. NANDED, MAHARASHTRA. 1. Issue of Bid/Offer Document The Bid document can be downloaded or obtained from

the undersigned during 03/05/2016 to 13/05/2016 on any working day (except on Sundays and Public Holidays) between 11.00 a.m. to 5.00 p.m., on payment of non-refundable fee of Rs.25,000/-(Rupees Twenty Five Thousand only) by cash. The Bid documents are available at Mumbai Head Office and Respective Regional Offices/ Pay Offices. Further it can also be downloaded from website of the bank www.mscbank.com In case of downloaded document; the document fees shall be paid through RTGS/NEFT before submission of the proposal or by D.D. on nationalised bank at the time of submission of proposal.

2. Cost of the Bid/Offer Document: Rs.25,000/- (Rupees Twenty Five Thousand only)

3. Last date and time for submission of Bid/Offer:

13/05/2016 up to 5.00 p.m.

4. Place of Submission of Bid/Offer : Sealed Envelope should be dropped in the Box kept at The Maharashtra State Co-Operative Bank Ltd., 2nd Floor, Sir Vithaldas Thackersey Memorial Bldg., 9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai – 400 001.

5. Place, date and time of opening of Bids/Offer

The Maharashtra State Co-Operative Bank Ltd., 2nd Floor, Sir Vithaldas Thackersey Memorial Bldg., 9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai-400 001. Date : 16/05/2016 at 2.00 p.m.


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IX. FORM OF BID/OFFER

FORM OF BID/OFFER FOR PURCHASE OF SECURED ASSETS/PROPERTY OF JAI SHIV SHANKAR SAHAKARI SAKHAR KARKHANA LTD., SITUATED AT - VILLAGE MANJARI & BARAHALI, TAL. MUKHED, DIST. NANDED, MAHARASHTRA.

(To be filled and submitted by the Bidder/Offerer)

1. a) Full name of the Bidder/Offerer (In Block Letter)

:

b) Complete Postal Address with Pin Code, Telephone Nos, Fax Nos., Mobile Nos, E-Mail Id, Website etc.

:

2. Brief particulars of Business

:

3. Name of the Company/Firm/person in whose name the Secured Assets/property are to be purchased

4. Income Tax Permanent Account Number(s) (PAN) of Bidder/Offerer

:

5. Amount quoted by the Bidder/offered for the purchase of Secured Assets/property In figure-and in words (Tick for which Lot applied)

o Lot No.1 o Lot No.2

: Rs. : Rupees (Words)

6. Details of Earnest Money Deposit (EMD) RTGS Receipt No.

Rs. : Rupees (Words)

I/We have read and understood the detailed terms and conditions of the sale and have also

read, pursued and understood all the relevant papers and have carried out my/our own due

diligence. In case any information is found to be incorrect/incomplete, I/we shall not hold the

Authorised officer or secured creditors responsible for the same and shall not have any claim

whatsoever against either of them.

Signature of duly Authorised official of the Bidder/Offerer with Seal

Name and Designation of the Authorised Signatory

Place:

Date:

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X. FORM OF APPENDIX TO THE BID/OFFER (DECLARATION BY THE BIDDER)

(Note: This Appendix forms part of Bid/Offer)

To, Authorised Officer, The Maharashtra State Co-Operative Bank Ltd., Regional Office, Plot No.180, Vasant Nagar, Near Sharda Nagar Bus Stop, Nanded -431605. Maharashtra.

Sir,

SALE OF SECURED ASSETS/PROPERTY OF JAI SHIV SHANKAR SAHAKARI SAKHAR KARKHANA LTD., SITUATED AT - VILLAGE MANJARI & BARAHALI, TAL. MUKHED, DIST. NANDED, MAHARASHTRA.

1. Having fully examined and understood the terms and conditions of the Bid Document and

condition and status of the Secured Asset/Property, I/We offer to purchase the said

Secured Assets strictly in conformity with the terms and conditions of this Bid/Offer

Document.

2. I/We, agree if any of the statement/information revealed by me/us is found incorrect,

my/our tender is liable to be cancelled and in such case Earnest Money Deposit (EMD) paid

by me/us is liable to be forfeited by the Bank and Bank is at liberty to annul the offer made

to me/us at any point of time.

3. I/We understand that if my/our Bid/Offer is accepted, I/We shall be responsible for due

observance and performance of the terms and conditions of the Bid/Offer and acquire the

Secured Assets/Property. If I/ We fail to execute and perform the terms and conditions

when called upon to do so, the Earnest Money Deposit (EMD) shall be forfeited.

I/We further understand that, if my/our Bid/Offer is accepted, if i/we will fail to deposit

the balance amount of 75% of the sale consideration (after having paid 25% of the sale

consideration) by the stipulated date, the said amount of 25% of the sale consideration

(including Earnest Money Deposit) or any further amount/s paid by me/us shall also be

forfeited, as laid down in the terms and conditions of the Bid Document.

I/We further understand that if my/our Bid/Offer is accepted, after making full payment of

the sale price within 30 days of acceptance of bid/offer or such extended period as may be

granted by AO at his sole and absolute discretion, I/We, understand that once the Sale

Certificate is issued by the AO, the AO shall not be held responsible for security and safe-

keeping of the secured assets. I/We further understands that in the event i/We fail to take

possession of the Secured Assets as stated above, the AO reserves the right to revoke the

sale confirmed in my/our favour and forfeit the entire amount paid by me/us and I/we

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shall have no claims on the secured assets or to any amount/s for which it may be

subsequently sold.

4. I/We clearly understand and accept that the AO or the Secured creditors do not take or

assume any responsibility for any dues, statutory or otherwise, of JAI SHIV SHANKAR

SAHAKARI SAKHAR KARKHANA LTD., including such dues that may affect transfer of the

assets in the name of the successful bidder and such dues, if any, will have to be

borne/paid by me/us in case my/our Bid/Offer is accepted.

5. I/We understand that you are not bound to accept the highest bid/offer you may receive.

Further, I/We will not raise any objection in case the AO goes for re-tendering or sell the assets by any of the modes as prescribed in the SARFAESI Act.

6. I/We understand that time is the essence for completing the acquisition formalities of the

Secured Asset/property and I/We agree and undertake to abide by it.

7. I/We have remitted EMD as per Lot-Wise i.e. for Lot No. 1 Rs. _____________ (Rupees

_____________________________Only), for Lot No. 2 Rs. _____________ (Rupees

_____________________________Only), (strike whichever applicable) to “The

Maharashtra State Co-Operative Bank Ltd., Mumbai”, through RTGS (RTGS/NEFT: IFSC:

MSCI 0082002) A/c. No. 116459 of “The Maharashtra State Co-operative Bank Ltd., Agro

Department Mumbai”. I/We understand that the EMD will not carry any interest.

8. I/We understand that the Bid/Offer should be unconditional and Bid/Offer having

conditions contrary to the terms and conditions of the Bid/Offer document can be

summarily rejected.

Dated _______ day of ______________ 2016.

Seal and Signature ________________________ in the capacity of ____________ duly

authorised to sign the Bid/Offer for and on behalf of ________________.

Name and Address of the Bidder/Offerer

(IN BLOCK CAPITALS)

WITNESS:

Name:

Address:

Occupation:

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XI. FORMAT FOR SUBMISSION OF PROFILE OF THE BIDDER

Profile

1. Name of the bidder

2. Brief Particulars of the business

3. Correspondence Address in full with PIN Code No.

Telephone No. with STD Code

Fax Nos.

E-mail ID

Web site address if any

Registered Address of Unit.

4. Date of Incorporation

5. Constitution of Entity (Company/Co-operative

Society/Firm/Proprietorship)

6. Document in evidence of constitution of the

entity.(Self attested)

7. Name of the Chairman

8. Name of the Managing

Directors/Partners/Proprietor

9. Board of the Directors(Names & Addresses)

10. Income Tax and Pan Card No.

11. Date of last Income tax Return

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12. Name and Address of Bankers

13. Particular of payment EMD

(Receipt no. of RTGS transaction)

Note: If any information furnished by the bidder is found incorrect at the later stage, the tenderer shall be

liable to be debarred for the tendering, MSC bank reserves right to verify the particulars furnished by the

tenderer independently.

Place:

Date:

Signature:

Name of the Authorised Person:

Designation:

Seal

Encl:

Copy of document evidencing the constitution of organization i.e. (Self -attested)

Bye-laws for co-operative society.

Memorandum & Articles of Association for Company.

Copy of partnership deed.

Letter from Bank for proprietorship firm.

Along with Registration Certificate (self -attested)

Last 3 years Audited Balance Sheet (Certified by CA)

Last 3 years Income Tax Returns(Certified by CA)

Pan Card of Company / Co – operative society/ firm/Proprietary firm. (self -attested)

Authorization of authorized Signatory should be properly evidenced by way of resolutions for

Company/Co –operative Society /firm.

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SALE CERTIFICATE (FOR MOVABLE PROPERTY)

Rule 7(2) of the Security Interest (Enforcement) Rules, 2002 Whereas, The undersigned being the Authorised Officer of The Maharashtra State Co-operative Bank Ltd., (Incorporating The Vidarbha Co-op. Bank Ltd.,) under The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and in exercise of the powers conferred under sub-Section (12) of Section 13 read with Rule 8 of the Security Interest (Enforcement) Rules, 2002 has in consideration of the payment of movable property of Rs.………(Rupees …………..) sold on behalf of The Maharashtra State Co-op. Bank Ltd., (Incorporating The Vidarbha Co-op. Bank Ltd.,), Mumbai in favour of ………..(purchaser), the following movable properties secured in favour of The Maharashtra State Co-operative Bank Ltd., (Incorporating The Vidarbha Co-op. Bank Ltd.,) by JAI SHIV SHANKAR SAHAKARI SAKHAR KARKHANA LTD., a Co-operative based unit registered under The Maharashtra State Co-operative Societies Act, 1960 and having its Registered Office at VILLAGE MANJARI & BARAHALI, TAL. MUKHED, DIST. NANDED, MAHARASHTRA., towards the financial facility offered by The Maharashtra State Co-operative Bank Ltd., (Incorporating The Vidarbha Co-op. Bank Ltd.,) of Rs.813.43 Lacs as on 31/03/2016 and Rs. 2512.36 Lacs of Consortium Banks (Vaidyanath Urban Co-operative Bank Ltd., Parli; Ratnagiri District Central Sahakari Bank Ltd., Ratnagiri; Nanded District Central Sahakari Bank Ltd., Nanded; Janlaxmi Sahakari Bank Ltd., Nashik; Sindudurg District Central Sahakari Bank Ltd., Sindudurg & Osmanabad Janata Sahakari Bank Ltd.), as on 30/09/2015 and interest thereon. The undersigned acknowledged the receipt of the sale price of movable property of Rs. _______ (Rupees ______________only) in full and handed over the delivery and possession of the items of machinery listed in Schedule “I” attached herewith as per the terms and conditions of tender document dated03/05/2016. Since we have received full payment for sale of movable property as per the tender referred to above and as the Purchaser has accepted all the encumbrances presently thereon on the property and which may arise in future and agreed to pay the same and as per the Tender Conditions accepted by the Purchaser, the possession of the movable property is handed over to the Purchaser subsequently.

List of Encumbrances:-

1. As per para 8 of terms and conditions of tender document known dues are as follows:-

Dues as per the Balance sheet (unaudited), dated- 31st March 2014 -







6. Vat Tax dues 1,08,45,572.00


8. Workers Salary dues inc. Unpaid Salary dues

and Honorary Payment dues

Rs. 97,35,606.00

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2. Any other liability not quantified as on the date of Valuation of assets.

Date: Place: Sd/- (__________) Authorised Officer The Maharashtra State Co-op. Bank Ltd., Mumbai, Regional Office, Nanded. Encl: Description of Movable assets & Machinery as given in Schedule –I




Total Rs. 3,86,91,584/-


1. Land Revenue


Rs. 4,66,694/-


Rs. 4,36,51,600/-


Rs. 3,85,00,000/-

Total Rs. 8,26,18,294/-

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[Rule 9(6)] CERTIFICATE OF SALE

(FOR IMMOVABLE PROPERTY) Whereas, The undersigned being the Authorised Officer of The Maharashtra State Co-operative Bank Ltd., (Incorporating The Vidarbha Co-op. Bank Ltd.,) under The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and in exercise of the powers conferred under sub-Section 13 read with Rule 12 of the Security Interest (Enforcement) Rules, 2002 has in consideration of the payment of immovable property of Rs.………(Rupees …………..) sold on behalf of The Maharashtra State Co-op. Bank Ltd., (Incorporating The Vidarbha Co-op. Bank Ltd.,), Mumbai in favour of ………..(purchaser), the following immovable property secured in favour of The Maharashtra State Co-operative Bank Ltd., (Incorporating The Vidarbha Co-op. Bank Ltd.,) by JAI SHIV SHANKAR SAHAKARI SAKHAR KARKHANA LTD., a Co-operative based unit registered under The Maharashtra State Co-operative Societies Act, 1960 and having its Registered Office at VILLAGE MANJARI & BARAHALI, TAL. MUKHED, DIST. NANDED, MAHARASHTRA., towards the financial facility offered by The Maharashtra State Co-operative Bank Ltd., (Incorporating The Vidarbha Co-op. Bank Ltd.,) of Rs.813.43 Lacs as on 31/03/2016 and Rs. 2512.36 Lacs of Consortium Banks (Vaidyanath Urban Co-operative Bank Ltd., Parli; Ratnagiri District Central Sahakari Bank Ltd., Ratnagiri; Nanded District Central Sahakari Bank Ltd., Nanded; Janlaxmi Sahakari Bank Ltd., Nashik; Sindudurg District Central Sahakari Bank Ltd., Sindudurg & Osmanabad Janata Sahakari Bank Ltd.), as on 30/09/2015 and interest thereon.

The undersigned acknowledged the receipt of the sale price of immovable property of Rs. _______ (Rupees ______________only) in full and handed over the delivery and possession of immovable property as per the terms and conditions of tender document dated 03/05/2016

Since we have received full payment for sale of immovable property as per the tender referred to above and as the Purchaser has accepted all the encumbrances presently thereon on the property and which may arise in future and agreed to pay the same and as per the Tender Conditions accepted by the Purchaser, the possession of the immovable property is handed over to the Purchaser subsequently.

List of Encumbrances:- 1. As per para 8 of terms and conditions of tender document known dues are as follows:-

Dues as per the Balance sheet (unaudited), dated- 31st March 2014 -







17. Vat Tax dues 1,08,45,572.00


19. Workers Salary dues inc. Unpaid Salary dues

and Honorary Payment dues

Rs. 97,35,606.00


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2. Any other liability not quantified as on the date of Valuation of assets.

DESCRIPTION OF IMMOVABLE PROPERTY All that part and parcel of the property consisting of the land and building as per schedule.

Date: Place: Sd/ (__________) Authorised Officer The Maharashtra State Co-op. Bank Ltd., Mumbai, Regional Office, Nanded.



Total Rs. 3,86,91,584/-


1. Land Revenue


Rs. 4,66,694/-


Rs. 4,36,51,600/-


Rs. 3,85,00,000/-

Total Rs. 8,26,18,294/-

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DEED OF UNDERTAKING CUM INDEMNITY (On Stamp paper/franking as applicable)

(This forms part of the terms and conditions of invitations and sale)

This DEED OF INDEMNITY executed at …………………. on this …… day of ………2016. By:

------------------------------------- and ------------------------------------- (Hereinafter referred to as “the Purchaser”, which expression shall include its successors and assigns). In favour of:

The Maharashtra State Co-Operative Bank Ltd., Mumbai., (Incorporating The Vidarbha Co-Op Bank

Ltd.), having its registered head office at 2nd Floor, Sir Vithaldas Thackersey Memorial Bldg., 9,

Maharashtra Chamber of Commerce Lane, Fort, Mumbai – 400 001, Post Box No. 472 and Regional

Office, Plot No.180, Vasant Nagar, Near Sharda Nagar Bus Stop, Nanded -431605. Maharashtra.

which is hereinafter referred to as the “MSC Bank” (SECURED CREDITOR) which expression shall,

unless it be repugnant to the subject or context thereof, includes its successors and assigns and

whether acting as such in respect of financial assets pertaining to JAI SHIV SHANKAR SAHAKARI

SAKHAR KARKHANA LTD., SITUATED AT – VILLAGE MANJARI & BARAHALI, TAL. MUKHED, DIST.

NANDED, MAHARASHTRA. (Borrower”)

A. Whereas MSC Bank, has pursuant to the measures taken under Section 13 (4) of the Securitization

Act taken possession of the immovable & movable assets of the Borrower being JAI SHIV SHANKAR

SAHAKARI SAKHAR KARKHANA LTD., SITUATED AT – VILLAGE MANJARI & BARAHALI, TAL.

MUKHED, DIST. NANDED, MAHARASHTRA.

B. Whereas the Authorised Officer confirmed offer on behalf of MSC Bank in favour of

_________________ and subject to terms and condition contained in the Tender form.

C. Whereas as covenants of the documents of terms and conditions of sale and ‘sale certificate’ state

that “The successful bidder will be required to bear all the necessary expenses like stamp duty,

registration expenses etc., for the transfer of assets in his/her/their name. it is expressly stipulated

that there are no implied obligation on the part of AO or the secured creditors and it shall be solely

the obligations of the Successful bidder, at his/her/their cost, to do all acts, things and deeds

whatsoever for the completion of the sale including the payment of dues, if any, to get the assets

transferred in the name of the Successful bidder. “

D. Whereas the sale certificate further state that “the said assets are being sold on “AS IS WHERE IS,

AS IS WHAT IS AND WHATEVER THERE IS BASIS WHICH IS WITHOUT ANY WARRANTY,

GUARANTEE, WITHOUT ANY RECOURSE, ASSURANCE AND UNDERTAKING OR REPRESENTATION

OF ANY KIND WHATSOEVER”. Further, MSC Bank does not accept / undertake any responsibility

for, nor shall the sale precedes be subject to any pending/outstanding statutory dues and any other

40 | P a g e

dues such as water/electricity/services charges, transfer fees, dues of the Municipal Corporation /

local authority dues, land and revenue tax or Workers Dues, Provident Fund and Sales Tax Dues and

any other duties, levies by whatever name it is called including interest, penalty etc., if any. The

Secured Assets are being sold with all known and unknown encumbrances. Further, all liabilities,

dues of authorities and departments, statutory or otherwise, any other dues, if any, in respect of

the Secured Assets and if payable in law/ attachable to the Secured Assets / sale proceeds by

reason of the proposed sale of the Secured Assets, shall be the sole responsibility and to the

account of the Purchaser. In pursuance thereof, the Purchaser indemnifies MSC Bank to save

harmless MSC Bank from any and all liability incurred by MSC Bank on account of any suits, claims,

(including any expenses incurred by MSC Bank for the enforcements of this indemnity) which MSC

Bank shall suffer as a result of any failure on the part of the Purchaser to meet and clear any

pending/outstanding statutory dues and any other dues such as water/electricity/service charges,

transfer fees, dues of the Municipal Corporation/local authority dues, land and revenue tax,

Workers Dues, Provident Fund and Sales Tax Dues or any other dues or any other duties, levies by

whatever name it is called including interest, penalty etc., or any claim made by any person in

respect of such liabilities, encumbrances and dues’’.

MSC Bank has accepted the offer upon execution of the following indemnity.

NOW THIS DEED WITNESSETH AS FOLLOWS:

In consideration of the movable & immovable properties, the Purchaser viz ___________and their

successors, nominees, heirs as stated above hereby unconditionally, absolutely and irrevocably

agree to indemnify and keep MSC Bank indemnified and save harmless, against any and all losses,

damages, liabilities. Suits, claims, counterclaims, actions, penalties, expenses (including attorney’s

fees and court costs and any expenses incurred by MSC Bank for the enforcement of this

indemnity), which MSC Bank shall suffer as a result of any failure on the part of the Purchaser to

meet and clear any such liabilities, encumbrances and dues as mentioned in the recital’s above

more specifically C, D, or any claim made by any person, entity, firm. In respect of such liabilities,

encumbrances and dues as mentioned above.

And it is declared that this indemnity is without prejudice to and is in addition to any other rights of

MSC Bank.

IN WITNESS whereof the Purchaser has put their hands the day and year first hereinabove written.

Signed and delivered by:

Purchaser

Address:

Place:

Date:

the maharashtra state co-operative bank ltd., mumbai | p a g e the authorised officer of the...

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