Others for sale in Vadodara, Vadodara, Gujarat
Asset Details
Reserve Price:
Date of E-Auction: 21/Jan/2025 11:00 
Assets Code: BOA-EB-76384
Ownership Type: Others 
Status of Possession: Symbolic
Carpet Area: None
Builtup Area: NA
Address
120, Imperial Complex, Near SIGIL Company, Ranoli GIDC, Vadodara-391350
Additional Details
Hypothecation of LPG Tanker, Mahindra & Mahindra (All the tankers will be sold in one lot)Sr.No.Vehicle NoChassis No Engine No1GJ 06 AX 8063MA1UAAPHDH6G48526VAHZG159892GJ 06 AX 8044MA1UAAPHDH6G48451VAHZG158393GJ 06 AX 8437MA1UAAPHDH6G48512VAHZG159544GJ 06 AX 8127MA1UAAPHDH6G48458VAHZG158335GJ 06 AX 8249MA1UAAPHDH6G48507VAHZG159166GJ 06 AX 8093MA1UAAPHDH6G48453VAHZG158387GJ 06 AX 8163MA1UAAPHDH6G48405VAHZF158088GJ 06 AX 8113MA1UAAPHDH6G48505VAHZG159019GJ 06 AX 8434MA1UAAPHDH6G48415VAHZF1566710GJ 06 AX 8177MA1UAAPHDH6G48452VAHZG1584011GJ 06 AX 8273MA1UAAPHDH6G48524VAHZG1598212GJ 06 AX 8401MA1UAAPHDH6G48454VAHZG1586813GJ 06 AX 8373MA1UAAPHDH6G48511VAHZG1595014GJ 06 AX 8302MA1UAAPHDH6G48410VAHZF1580915GJ 06 AX 8330MA1UAAPHDH6G48361VAHZF15679
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Insights
Seller’s Reserve Price
The reserve price set by the seller for a property auction excludes all property-related dues like taxes, utilities, maintenance, and industrial authority fees.
Earnest Money Deposit (EMD)
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Possession Status
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SARFAESI Act
The SARFAESI Act, an abbreviation for the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, is legislation implemented in India to empower banks and financial institutions in efficiently recovering their non-performing assets (NPAs). This act grants banks the authority to seize and sell properties of defaulting borrowers without court intervention, providing a legal framework for the swift resolution of distressed assets. By enabling banks to enforce their security interests effectively, the SARFAESI Act significantly aids in loan recovery and upholds financial system stability. Access the Act here.
