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Defaulters' Assets for
Auction |
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| High Court Committee (HCC) recommends sale of goods held by
Metkore Alloys and Namdhari Group |
Hon’ble Bombay High Court orders dated 5th and 19th May 2015 pertain to the sale of ferrochrome and paddy stocks respectively, wherein recommendation to sell the stock of Metkore Ferrochrome to SAIL and sale of paddy stocks with Namdhari Foods have been approved. The proceeds of these sales will be credited to NSEL’s escrow accounts which will benefit trading clients. The NSEL Recovery team pursued the matter and appeared before the vacation bench for a speedy disposal.
The above mentioned orders of the Hon’ble Bombay High Court have been passed after considering recommendations of HCC comprising of Retd. Justice VC Daga and eminent solicitors and Chartered Accountants to ascertain defaulters’ dues.
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 BHC order dated 19.05.15 |
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HCC report no. 3/15 submitted to BHC (refer page 7-10) |
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| Tenders Invited for Transporting Ferrochrome |
| Sealed tenders are hereby invited from reputed freight operators for transporting Ferrochrome as per the details given below. |
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Commodity : Ferrochrome
Quantity : 1000 MT
From :
Tekkali, Srikakulam Dist., Andhra Pradesh (Pin 532 201)
Destination : Salem Steel Plant, Salem
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The quotation should cover the total cost including loading, unloading, and transportation by rail or road plus octroi as applicable. Tender should reach by 12th July 2014 at the address given below.
NSEL reserves the right to award or cancel the bid without assigning any reason thereof.
For further queries, please send an email to recoveryteam@nationalspotexchange.com
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| Ferrochrome for Sale |
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By order of the Hon. MPID Sessions Court at Greater Bombay, bids in sealed cover are invited by National Spot Exchange Ltd. (NSEL) for sale of 14200 MT
(approx.) of Ferrochrome at NSEL warehouse at S.No. 64, Ravivalasa Village, Tekkali, District Srikakulam, AP.
Click below for Form of Bid along with terms and conditions of sale.
Invitation of Bids
Annexure II SGS Report
Interested buyers may please send sealed bids at the below mentioned address. |
Managing Director & CEO
National Spot Exchange Ltd.
FT Tower, 4th Floor, CTS no. 256 & 257, Suren Road, Chakala, Andheri (East), Mumbai 400 093
E-mail: recoveryteam@nationalspotexchange.com |
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| Sealed Bids are invited for Sale of properties of Swastik Overseas Corporation |
Bids are invited by the order given by Hon’ble High Court Committee appointed by Bombay High Court for sale of residential and commercial properties of Swastik
Overseas Corporation as mentioned below : |
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| ASSETS OF SWASTIK OVERSEAS
PRIVATE LIMITED |
Valuation as on Jan-2014 |
| Sr No. |
Description of Land |
Type |
Area as
per DNP |
Actual Area
in Sq.Ft |
Address |
Survey No |
Fair Market Value (FMV) |
Valuation
Report |
| 1 |
Residential |
Flat |
190 Sq Yard (With Basement) |
1709.95 Sq Ft |
Ground Floor in Bodakdev, Flat No. A/2, GF,
Aagman Co. opp. HSL known as Aagman Apt.
Bodaldev, Near Judges Bunglow, Ahmedabad |
283/1, Paiki, F P No. 163/B, T.P.S No. 1B,
Bodakdev, Taluka-Dascroi |
8,580,000.00 |
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| 2 |
Residential |
Flat No.3 |
83.72 Sq Yard |
753.5 Sq Ft |
1st Floor, Suvidha Flats, Near Vasna Bus
Stop, Vasna, Ahmedabad |
422,424,426,430 Paiki, P.F No.343, Paiki SP
No.4, TPS No.22, Vasna Taluka |
9,600,000.00 |
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| 3 |
Residential |
Flat No.4 |
75.77 Sq Yard |
682 Sq Ft |
1st Floor, Suvidha Flats, Near Vasna Bus
Stop, Vasna, Ahmedabad |
422,424,426,430 Paiki, P.F No.343, Paiki SP
No.4, TPS No.22, Vasna Taluka |
| 4 |
Commercial |
Office |
610 Sq Ft |
610 Sq Ft |
Office No. 203, 204, FF, Rajkamal Plaza,
Near Sattar Taluka, Soc. B/H. C.U Shah college,
Ashram Road, Ahmedabad |
Property' PF No. 151, 157, T.P.S No. 3,
Elisbridge, Ashram Road, Taluka City, District
Ahmedabad |
3,050,000.00 |
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| 6 |
Commercial |
Office |
495 Sq Ft |
495 Sq Ft |
Office No.12, FF (upper level, Swastik
chambers, Near Navjivan Press Road, Off Ashram
Aroad, Ahmedabad |
F.P No.156/1, T.P.S No. 3, Off Ashram Road,
Elisbridge, Ahmedabad |
3,713,000.00 |
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| 5 |
Commercial |
Office |
704 Sq Ft |
704 Sq Ft |
Office No.11, FF upper level, Swastik
chambers, Near Navjivan Press Road, Off Ashram
Aroad, Ahmedabad |
F.P No.156/1, T.P.S No. 3, Off Ashram Road,
Elisbridge, Ahmedabad |
5,280,000.00 |
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| 7 |
Commercial |
Office |
500 Sq Ft |
500 Sq Ft |
Office No.15, FF (upper level, Swastik
chambers, Near Navjivan Press Road, Off Ashram
Aroad, Ahmedabad |
F.P No.156/1, T.P.S No. 3, Off Ashram Road,
Elisbridge, Ahmedabad |
3,750,000.00 |
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Total Amount Rs. |
33,973,000.00 |
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Rs 3.39 Cr. |
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| Interested bidders may please send sealed bids by September 08, 2015 at the below mentioned address :- |
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Mr. Yogesh C. Parikh
Secretary – Legal
High Court Committee
World Trade Centre Mumbai, 1st Floor, Centre 1 Building,
World Trade Centre Complex, Cuffe Parade,
Mumbai – 400005, INDIA
For any queries, please write to
secretarylegalhcc@gmail.com
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| Sealed bids are invited for Sale of Land of Aastha Minmet India Pvt. Ltd. |
Bids in sealed cover are invited by Hon’ble High Court Committee (HCC), appointed by Bombay High Court, for sale of prime Industrial Land of Aastha Minmet India Pvt. Ltd. located at : |
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| 1) |
Thana No. 18, Athgarh Tahsil, Mouza-Sauria, Status-Sthitiban, P.S- Gurudijhatia, Cuttack, Orissa (Khata No.- 144-16.44 Acres, 142-9.5 Acres, 143-18.57 Acres). |
| 2) |
Medchal, Ranga Reddy District, Hyderabad, Telangana, total 3 acres bearing Survey Nos. 188, 320 (area 1.15 acres) and 268, 269, 288 (area 1.85 acres). |
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| Interested buyers may please send sealed bids by June 15, 2015, at the below mentioned address: |
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High Court Committee
World Trade Centre Mumbai, 1st Floor, Centre 1 Building,
World Trade Centre Complex, Cuffe Parade,
Mumbai – 400005, INDIA
For any queries, please write to
secretarylegalhcc@gmail.com
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| Sale of Mohan India Groups Assets |
On account of the payment default done by Mohan India Group as per the payment schedule in settlement agreement dated October 30, 2013, NSEL proposes to auction the below mentioned assets of Mohan India group after receiving approval from the Hon. MPID court for the same- |
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| 1) |
Bungalow & land at Delhi
Bungalow no. 7, Court Road, Civil Lines,
Delhi (comprising bungalow with land admeasuring 15666 sq. yds.) |
| 2) |
Land at Bikaner, Rajasthan
Total land area: 500.5 acres
(800 pucca bhiga and 16 biswa) |
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| Interested parties may please email to
recoveryteam@nationalspotexchange.com |
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| Sale of Soyabean and Mustard Solvent Plant
of Vimladevi Agrotech Ltd. at Kota, Rajasthan |
Vimladevi Agrotech Ltd. is ready to sell their soyabean and mustard solvent plant located at Kota, Rajasthan.
Selling price range: Rs 12-14 crores including land, machinery and all other necessary
licenses. |
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| Interested parties may please contact
recoveryteam@nationalspotexchange.com. |
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