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Auction Sale of Property; Land: Extent No: A0:R0:P16.

Request For Proposals

General Information
Country:   Sri Lanka
City/Locality:   Kurunegala
Notice/Contract Number:   ept:3748541
Publication Date:   Jul 11, 2009
Deadline:   Jul 23, 2009
Buyer:   Dfcc Bank
Original Language:   English

Contact Information
Address:   DFCC Bank
Head Office and Showroom: 24 Torrington Road, Kandy
Kandy
Sri Lanka
Telephone:   011- 2440366/77/Tele: 081-2227593, 011-2502680/011, and 2585408

Goods, Works and Services

 

Original Text

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Opening date of tender: 07/23/2009 11:00

On Thursday 23rd July 2009, Commencing at 11.00 a.m. at the spot
The Property Mortgaged To DFCC Vardhana Bank By: Kamaradiwala Arachchilage Neil Kumarasingha And Uduwela Muhandiram Ralalage Wijayanthi Mala Wijekoon both of Kurunegala has made default in payments due on Mortgage Bond No. 3816 dated 29/11/2006 attested by T S I Wettewa Notary Public of Kurunegala. Description of Property Mortgaged by Mortgage Bond No. 3816 All that divided allotment of land called Aswedduma watta situated at Aswedduma Village in Kudagalboda Korale of Weuda Willi Hatpattu in the District of Kurunegala North Western Province. Containing In Extent: A0:R0:P16 Together with trees, plantations, buildings and everything standing thereon and the right to use the roadways. The successful purchaser will have to pay the following amounts in cash at the fall of the hammer. 1) 10% (Ten Percent) of the Purchased Price. 2) 1% (One Percent) of the sales Taxes payable to the Local Authority. 3) Auctioneer's Commission of 2 1/2 % (Two and a half percent only) 4) Total cost of advertising Rs. 37,000.00 5) Clerk's & Crier's Fee of Rs.500.00 6) Notary's Fee for condition of Sale Rs. 2000.00
The balance 90% of the purchased price together with any other statutory levies, duties, taxes or charges whenever applicable and imposed by the Government of Sri Lanka or any other authority to be payable within 30 days from the date of sale. For further particulars please contact the Legal Department of DFCC Bank on Tel: 011- 2440366/77 Conditions of Sale 1) The highest bidder becomes the purchaser. Should any dispute arise between two or more bidders the lot will be put up again and re-sold. 2) A deposit of 50 percent (50%) to be made on each lot if required, at the time of sale. 3) All lots to be at the risk of the purchaser from the time of purchase, and no lot can be delivered while the sale is proceeding. 4. Should any mistake be made in describing a lot such mistake will not be held to vitiate or effect the sake if such lot in anyway – it being under good that intending purchasers will satisfy themselves on all points before bidding and no allowance will be made for imperfections discovered after the lots are knocked down. 5) No goods to be removed without the sanction of the Auctioneer. Any person removing any portion of the property without an order from the Auctioneer will be subject to an action at law. 6) Purchasers will bear all expenses of taking down and removing all lots purchased and shall make good any unnecessary damage, which may be caused thereby. 7) Notice- Servant’s bids will not be taken unless they produce an authority from their masters prior to the sale. 8) All articles must be paid for before delivery and removed immediately after the sale, otherwise they will be resold by public or private sale at the risk of the purchaser who will not be entitled to claim any surplus if any, at such re-sale will be liable for any deficiency. 9) The Auctioneer to have the option to refuse any bids. 10) No Goods Will Be Delivered Without Payment.
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