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Auction Sale of Property : Land in (Extent A0.R0.P19.50), (Extent A0.R0.P20.00), (Extent A0.R0.P20.00).

Request For Proposals

General Information
Country:   Sri Lanka
City/Locality:   Colombo
Notice/Contract Number:   ept:4344823
Publication Date:   Feb 27, 2010
Deadline:   Mar 18, 2010
Buyer:   Pan Asia Banking Corporation
Original Language:   English

Contact Information
Address:   Licensed Auctioneer, Senior Manager
Pan Asia Banking Corporation
M.S. Auctions, No.9, Belmont Street
Colombo 01
Sri Lanka
Telephone:   2565573/2565565, 011 2320074 & 0713 151356

Goods, Works and Services

 

Original Text

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Opening date of tender: 03/18/2010 00:00

Under the Authority Granted to me by the Pan Asia Banking Corporation PLC, I shall sell by Public Auction the Below Mentioned Properties at the spot on the date and time given under each property.
All that divided and defined allotment of land marked Lot 01 depicted in P/an No.845 dated 22/3/2005 made by K.K.Waruna Ajantha Yapa Licensed Surveyor of the land called Delgaha Thunhawul Kuruduwatta situated at Bandiyamulla village in Meda Pattu of Siyane Korale in the Gampaha District Western Province.
Extent A0.R0.P19.50. On The 18th March 2010 At 10.30 A.M.
All that divided and defined allotment of land marked Lot Y depicted in Plan No. 17 dated 16/01/2002 made by P.M. Leelaratne Licensed Surveyor of the land called Horagahakumbura alias Kajugahakumbura situated at Halanduruwa village within the limits of Ja-ela Pradeshiya Sabha in Ragam Pattu of Alutkuru Korale in the District of Gampaha Western Province.
(Extent A0.R0.P20.00) On The 18th March 2010 At 2.30 PM.
3. All that divided and defined allotment of land marked Lot Z depicted in Plan No. 17 dated 16/01/2002 made by P.M.Leelaratne Licensed Surveyor of the land called Horagahakumbura alias Kajugahakumbura situated at Halanduruwa village within the limits of Ja-ela Pradeshiya Sabha in Ragam Pattu of Alutkuru Korale in the District of Gampaha Western Province.
(Extent A0.R0.P20.00) On The 18th March 2010 AT 2.30 P.M.
That Thisura Lanka Motors (Private) Limited has made default in payment due on Mortgage Bonds No.6859 dated 16/6/2005, No.7155 dated 10/10/2005, No.7690 dated 8/6/2006 and No.7688 dated 8/5/2006 all attested by W.K.N.R Withana Notary Public of Gampaha.
For the Notice of Resolution j Please refer the Government Gazette of 27/11/09 and the Daily News, Lakbima and Sudar Oil of 27/11/09.
Access to the Property: From the Gampaha Town Centre, proceed along Colombo Road leading to Miriswatta Junction on the main Colombo-Kandy Road for about 400 yards and turn right to Wijaya Road and proceed for about400 yards and turn right to tarmac, motorable road and advance for about 50 yards to the subject land sited on its right.
From the Ragama Town Centre, proceed along Ragama-Welisara Road about 700 yards, about 100 yards before the turn off to Kandana, and the subject land sited on its left, opposite " New Shihan Motrs" a motor Spare Parts and Motor Cycle Sales showroom.
Mode off Payment: The following amounts should be paid to the Auctioneer in Cash.
1) 10% of the purchase price.
2) 1% Local Authority charges and VAT charges on same.
3) Auctioneer's Commission 2.5% of the purchase price (Two and a half percent only).
4) Total cost of sale and other charges.
The Balance 90% of the purchase price should be paid to the Bank within 30 days from the date of sale.
The Title Deeds and other connected documents may be inspected and obtained from the Senior Manager Legal, Pan Asia Banking Corporation PLC, Head Office, No.450, Galle Road, Colombo 01 Tel Nos. 2565573/2565565.
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