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SRK Food Products Private Limited (In Liquidation) Public Announcement For E-Auction

The document announces an e-auction of the assets of SRK Food Products Private Limited, which is under liquidation. Key details include: 1. The e-auction will take place on July 29, 2021 from 10 AM to 4 PM via an online portal. 2. The last date for submission of the refundable earnest money deposit is July 26, 2021 at 5 PM. 3. Plant and machinery, buildings, debtors, inventory and other assets will be auctioned both individually and as a going concern. Reserve prices range from Rs. 150 to 300 lakhs with minimum bid increases of Rs. 1 lakh. Interested bidders must inspect assets before July 26

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Sneha Adepu
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106 views1 page

SRK Food Products Private Limited (In Liquidation) Public Announcement For E-Auction

The document announces an e-auction of the assets of SRK Food Products Private Limited, which is under liquidation. Key details include: 1. The e-auction will take place on July 29, 2021 from 10 AM to 4 PM via an online portal. 2. The last date for submission of the refundable earnest money deposit is July 26, 2021 at 5 PM. 3. Plant and machinery, buildings, debtors, inventory and other assets will be auctioned both individually and as a going concern. Reserve prices range from Rs. 150 to 300 lakhs with minimum bid increases of Rs. 1 lakh. Interested bidders must inspect assets before July 26

Uploaded by

Sneha Adepu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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SRK FOOD PRODUCTS PRIVATE LIMITED (In Liquidation)

PUBLIC ANNOUNCEMENT FOR E-AUCTION


Notice is hereby given to the public in general under Insolvency and Bankruptcy Code, 2016 and
regulations framed thereunder, that the properties stated in table herein below, will be sold by E-Auction
through the service provider M/s. 4 Closure via auction portal, https://bankauctions.in

1 Date and Time of Auction: Thursday, 29 July 2021, Between 10:00 AM to 04:00 PM
2 Last Date and time for submission of EMD: Monday, 26 July 2021, 05:00 PM
3 Inspection Date & Time: From 30 June 2021 to 26 July 2021,Between 11:00 AM to 05:00 PM

SI.No Particulars Date and Reserve EMD (Rs. Bid


Time of e- Price(Rs. in Lakhs) Increase
auction in Lakhs) Amount
A Sale as going concern containing Plant 29 July 2021 300 15 1
and Machinery, factory buildings and
all other assets of the Company 10 AM to 12
including debtors, inventory and other PM
receivables
OR
B1 Plant and Machinery & Equipment 29 July 2021 150 5 1
along with building structures situated
at factory premises at Sy.No.42/AA 12 PM to 03
and 42/EE, Bongloor Village, PM
Ibrahimpatnam Mandal, Ranga Reddy
District.
B2 All other Assets of the Company 29 July 2021 150 5 1
including Debtors, Inventory and other
receivables/assets (Financial Assets) 03 PM to 04
PM

The EMD (Refundable) shall be payable by interested bidders through NEFT/ RTGS on or before Monday,
26 July 2021 in the current account of “SRK Food Products Private Limited (In Liquidation)” with Account
No. 1498135000008371 and IFSC: KVBL0001498, with Karur Vysya Bank, Santosh Nagar Branch,
Hyderabad or by DD/Pay order in favour of “SRK Food Products Private Limited (In Liquidation)”. For
detailed terms and conditions of E-auction or for any query thereon, you may refer E-AUCTION PROCESS
DOCUMENTS available at https://bankauctions.in or write to the Liquidator to his e-mail ID:
ip.srkfoods@gmail.com or to the e-mail of Service Provider, email ID: subbarao@bankauctions.in

Sd/-
ShaikGouse
Liquidator
SRK Food Products Private Limited
H.No:8-2-603/1/10, Plot No-10, II Floor,
Krishnapuram, Road No-10,
Date: 30 June 2021 Banjara Hills, Hyderabad-500034
Place: Hyderabad IBBI Reg.No.: IBBI/IPA-002/IP-N00458/2017-2018/11326

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