Scribd
Upload
5 views

Document (1)

The document is a legal notice from the Advocate Commissioner regarding the execution of a court order to take possession of secured assets belonging to Saravana Modern Rice Mill. The notice outlines the properties involved, including movable and immovable assets, and requests assistance from local authorities for the execution scheduled on December 28, 2024. The document is addressed to various parties including police officials and the petitioner, Encore Asset Reconstruction Company Private Limited.

Uploaded by

ramaniadvocate
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
5 views

Document (1)

The document is a legal notice from the Advocate Commissioner regarding the execution of a court order to take possession of secured assets belonging to Saravana Modern Rice Mill. The notice outlines the properties involved, including movable and immovable assets, and requests assistance from local authorities for the execution scheduled on December 28, 2024. The document is addressed to various parties including police officials and the petitioner, Encore Asset Reconstruction Company Private Limited.

Uploaded by

ramaniadvocate
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 4

IN THE COURT OF THE CHIEF JUDICIAL MAGISTRATE, SALEM.

Crl.M.P.No: 1167 / 2024

ENCORE ASSET RECONSTRUCTION COMPANY PRIVATE LIMITED,


Having Branch Office at No.101, Executive zone,
Shakthi Tower 1, Ground Floor, 766,
Anna Salai Mount Road, Chennai – 600002.
Rep by its Authorized officer Mr.K.Nagendran. .. Petitioner

//Vs//
1. M/s.Saravana Modern Rice Mill.
Rep by its proprietor Mr.P.Saravanan,
2. Mr.P.Saravanan,
S/o. Late Mr. Palanisamy,
3. Mrs. S.Ruckmani,
W/o. Mr.P.Saravanan,
The 1st to 3rd Respondents is having address at,
No.73/2, Nehru Nagar,
North Udayarpalayam, Attur Town & Taluk,
Salem – 636 102.
The 2nd and 3rd Respondents are also having address at,
No.341, Jothi Nagar,
Attur Town & Taluk,
Salem – 636 102. . .. Respondents

NOTICE GIVEN BY THE ADVOCATE COMMISSIONER


TO,
1. The Commissioner of Police,
Salem District.

2. The Inspector of Police,


Attur Town.

3. L.Thiyagaiya B.L,
Counsel for the Petitioner
4. The Petitioner,
ENCORE ASSET RECONSTRUCTION COMPANY PRIVATE LIMITED,
Having Branch Office at No.101, Executive zone,
Shakthi Tower 1, Ground Floor, 766,
Anna Salai Mount Road, Chennai – 600002.
Rep by its Authorized officer Mr.K.Nagendran.

5. The Tahsildar,
Attur Town and Taluk,

6. The Village Administrative Officer,


Udayarpalayam, Attur.

Sir/Madam,
I have been appointed as an Advocate Commissioner in the above case, as per the order of the
Hon’ble Chief Judicial Magistrate, Salem in CrL.M.P.No.1167/2024, dated 23.07.2024, to take possession
of the following secured assets.

SCHEDULE OF PROPERTY

SCHEDULE – A

Description of Movable Properties:

The Whole of Borrowers present and future stocks of raw materials,


goods in process of manufacture and all finished and manufactured goods articles such as entire current
assets which now belong to or may hereafter from time to time during the continuance of this security
belongs to the borrower and which are or shall or may be brought into stored or be in or upon or about the
borrower's factory, godown and/ or other premises at 73/2, Nehru Nagar, North Udayarpalayam Attur – 636
102 or wherever else the same may be situate, stored or lying or being including any such raw materials,
articles of goods, stores, spares and components or other similar 4 movable property in course of transit or
delivery to the borrower. And All the borrowers present and future book debts outstanding monies,
Receivables, claims, bills, rights to or movable assets and which are now due, owing or payable or
belonging to the borrower or which may at any time hereafter during the continuance of this security
become due, owing, payable or belonging to the borrower in the course of its business.

SCHEDULE – B

Description of Immovable property:

Property No.1
Owned by Mr.P.Saravanan:

In Salem Registration District, Attur Sub Registration District, Attur Taluk,


Attur Town. S.No. 465/4B1 0.61 cents 465/5B 0.18 cents & 466 / 1A 0.24 cents, Old Ward No.5 New
Ward No.6, Current Ward No.8, North Udaiyarpalayam, Nehru Nagar, Door No.73, 73A Saravana Rice
Mill Buildings and Vacant lands;

Item No.1
A Modern Rice Mill under the name & style of M/s. Saravana Modern Rice Mill built upon a
site measuring East – West 90.5 x North – South 19 = 1719.5 sq.ft in the 1 schedule & a site measuring
East – West 161 on the North & 175.5 on the South x North – South 61 on the West & 52 on the East =
9506 sq.ft totalling 11,049.5 sq.ft by excluding an extent of 176 sq.ft (16*11 belonging to Nagaraj) from
11,225 ½ sq.ft upon. Which an RCC Building measuring 16x11=176 sq.ft (office room) & ACC roofed
building Measuring 30*55=1650 sq.ft (Huller Hall) and a tiled measuring 27*35 = 945 sq.ft & another tiled
building measuring 35*20=700 sq.ft & another ACC building measuring 20*16=320sq.ft and with
accessories such as Generator – 1, Rice Filters – 2, Drier-1, Colour sorter(orange make) – 1, Grader – 1,
Compressor – 1, Double Elevators – 6, Single Elevator – 2,Hiller – 2, Paddy Cleaner – 1, Sheller – 1,
Cones – 2, Paddy Filter – 2 in the first item fitted with 102 HP power electrified with 5 S.C.No.551-001-
385A, Water connection No.3926 &

Item No.2

A site measuring East – West 71 on the North & 51 on the South x North – South 58 = 3538
sq.ft in the 1st Schedule & East – West 34 x North South 23 on the West & 20 on the East = 731 sq.ft in the
2nd Schedule totaling 4261 sq.ft fitted with the boiler – 1, Chimney – 1, 6x7 tanks – 9, a thrashing floor
measuring 50*80 bounded altogether by the site of Nagaraj & River on the North in the 2nd Item &

Item No.3

A common ½ share in the site measuring East – West 25 on the North & 41 on the South x
North – South 43 = 1419 sq.ft (i.e.709 ½ sq.ft) along with a common ½ share in the well dug out in the
North – West fitted with 5HP Motor Pumpset and Electrified with S.C.No.551-001-387A with all the rights
of easements attached thereto, water connection No.3926 Total measuring extent of above mentioned Item
1, Item 2 and Item 3 is 16028 sq.ft.

Property No.2
Owned by Mr.P.Saravanan:

In Salem East Registration District, Attur Sub Registration District, Attur


Taluk, Attur Town, Joth Nagar, Old Ward No.22, New Ward No.27, Survey No.501/7 within this an extent
1012 ½ sq.ft of land with constructions bounded by: West by: House of Rangasamy Vagaiyara East by:
House of Palanisamy South by: Perumal Mesthiri Street North by: 3 feet common street Admeasuring; East
– West : on the both sides 22 ½ feet, North – South: on the both sides 45 feet = 1012 ½ sq.ft Within this an
extgent of 1012 ½ sq.ft of land with constructions and all mamool pathway rights and easementary rights
more fully described in the schedule of the registered gifts settlement deed dated: 28.05.1999 under
Doc.No.1342/1999 and all 6 other appurtenance attached therein. Door Number 341, Water connection
number 856 and EB Service connection number 227B, 67B and its security deposit.
The Honorable CHIEF JUDICIAL MAGISTRATE, Salem has directed me with the assistances of the Inspector of
Police Attue Town and Taluk PS, and concern Revenue Officials to give the necessary assistances to the Petitioner
Bank in taking over the possession of the secured assets and to hand over the same to the Secured
Creditor/Applicant while taking possession of the said assets.
I intend to execute the Commission Warrant on 28.12.2024 Monday at 9.30 A.M.
Hence, I request you to be present and give the necessary assistance & protection at the time of execution of the
warrant and take possession of the secured assets and hand over the possession to the petitioner.

Advocate Commissioner
Copy to
1. M/s.Saravana Modern Rice Mill.
Rep by its proprietor Mr.P.Saravanan,
2. Mr.P.Saravanan,
S/o. Late Mr. Palanisamy,
3. Mrs. S.Ruckmani,
W/o. Mr.P.Saravanan,
The 1st to 3rd Respondents is having address at,
No.73/2, Nehru Nagar,
North Udayarpalayam, Attur Town & Taluk,
Salem – 636 102.
The 2nd and 3rd Respondents are also having address at,
No.341, Jothi Nagar,
Attur Town & Taluk,
Salem – 636 102. .

You might also like