Auction Sale of Property: Containing in Extent: A-0: R-1: P 26 (0.16690 Ha).

Request For Proposals

General Information
Country:   Sri Lanka
City/Locality:   Colombo
Notice/Contract Number:   ept:4030615
Publication Date:   Oct 26, 2009
Deadline:   Nov 12, 2009
Buyer:   Nations Trust Bank Limited
Original Language:   English

Contact Information
Address:   Manager Legal
Nations Trust Bank Limited
No 242, Union Place, Colombo 02
Colombo  
Sri Lanka
Telephone:   0114-313158

Goods, Works and Services

 

Original Text

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Opening date of tender: 11/12/2009 00:00

All that divided and defined allotment of land market Lot depicted in Plan No. 9223A dated 21/10/2009 made by K. Selwaratnam Licensed Surveyor blaringly Assessment No. 79, Jampettah Street situated alon Jampettah Street in Kotahena West Ward No. 8 within, the administrative limits of the Colombo Municipal Council in the Palle Pattu of Salpiti Korale in the District' of Colombo Western Province, Containing In extent A-0: R-1: P 26 (0.16690 Ha) (together with the trees, plantations and everything else standing thereon)
Together with the right of way over Lot C in the 9223A dated 21st October 2000 made by K. Selwaratnam, Licensed Surveyor. The property mortgaged to Nations Trust Bank PLC, (Formerly Nations Trust Bank. Ltd.) by Markandu Kiritharan and Kalarohini Kiritharan (joint borrowers and joint mortgagors) carrying on a partnership business in the name, style and firm of Vemake at No. 51, Darn Street, Colombo 12 and a Partnership business in m name, style and firm of Venke Impex at No. 180-1/g, People's Park Shopping Complex, Colombo 11, has made default in the payment due on mortgage bond bearing No. 789 dated 24th September 2007 attested by N. S. Kalansooriya Notary Public of Colombo, yjH Under the authority granted to us by Nations Trust Bank PLC, we shell sell by Public Auction, the above mentioned property.
On The 12th Day Of November 2009 At 10.00 A.M. AT THE Spot Please see the Govt. Gazette dated 25/09/2009 an} The Island, Divaina & Thinakkural newspapers dated J 14/09/2009 regarding publication of Resolution. ,'&r; Access to the property-From Colombo Fort proceed along N. H. M. Abdul Cadar Road, Sea Beach Road and St. Anthonys Mawatha up to St. Antonym’s Church and turn right onto Jampettah Street and continue about 150 meters and turn left onto Jampettah Larte and proceed about 75 meters (passing Sivan Koyir)r and turn right onto a passage leading to the subject property.
Mode of payment: The successful purchaser should pay the Auctioneer the following amounts in cash at the fall of the hammer; 10% (Ten percent) from the concluded sale price; The balance 90% of the purchase price should fc>e. deposited with the Nations Trust Bank PLC, Hate Office within 30 days from the date of sale; 1 % Local Sales Tax of the purchase price whoever is payable to the Local Authorities; Professional fees of 2.5% (Two & Half prevention. the concluded sale price; Total cost of advertising and other expenses' incurred by the Bank; The Clerk & Criers wages of Rs. 500/-; The Notary's attestation fees for the attestationiif1 the Conditions of Sale Rs. 2000/-. Further particulars regarding Title, Deeds and other connected details could be inspected from the following; officers: Manager-Legal, Nations Trust Bank PLC, No. 242, Union Placed; Colombo 02; Tel 0114-313158. Thrivanka & Senanayake Auctioneers Licensed Auctioneers, Valuers & Court Commissioners for Commercial High Court arid District Court of Colombo; Licensed Auctioneers for State and Commercial Banks, No 182,3rd Floor, Hulftsdorp Street, and Colombo Tel/Fax: 0112-388318.
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