SALE NOTICE

 

                                   WEST BENGAL FINANCIAL CORPORATION

                                   12-A,  N.S.Road (3rd & 4th Floor), Kolkata- 700 001

 

                                                         C.P. NO. 221 of 1994

 

                           In the matter of  Baishali Multilayers (P) Ltd. (In liquidation)

 

 

Pursuant to the Hon’ble High Court’s Order dtd.April 21,1999 and December11,2003 and in terms of the Inter-Institutional meeting held with the Secured Creditors and the representative of the Official Liquidator held on 03.06.2010 and on 09.11.2010 offers are being invited  in sealed cover enclosing  a bank draft  in favour of “West Bengal Financial Corporation” payable at Kolkata,  at the address of the Head Office or Bankura Branch office of this Corporation  at Vill & P.O. : Chandmaridanga, Dist.: Bankura  for an amount  equivalent to 20% of the offered  amount as Earnest Money  within 21 days  from the date of publication of this Sale Notice in connection  with the sale of the assets (both movable & immovable) like land  measuring  about 1.91 acres,  be the same or little more or less, with sheds & buildings, three layers film Extruder, 4 colours Rotogravure Printing Machines, Lamination Machine, Chilled Water Plant, D.G. Set, Quick Seal Machine etc. lying at village : Gopalpur, P.O. & P.S : Kotulpur, District. : Bankura in the State of West Bengal.  The assets will be sold strictly on “as-is-where-is & whatsoever-there-is basis”. The Reserve Price has been fixed at `50.00 lacs. No purchaser will be allowed  to bid  in the name of the nominee or nominees.    The Tender Papers along with the terms & conditions and list of assets  will be  available from the above office of  West Bengal Financial Corporation on any working day from 19th November, 2010 (excepting Saturday, Sunday & holidays ) till 9th December,2010  upto 3 P.M.  at a cost of  `250/-.  Assets may be inspected on 1st, 2nd & 3rd December,2010 from 12 noon to 4 P.M. with prior intimation  to West Bengal Financial Corporation.   The Sealed Offers will be opened on 14th December,2010 at 3-00 P.M.at the Head Office  of West Bengal Financial Corporation in the presence of  Secured Creditors and  the representative of the Official Liquidator.  The Earnest Money will be refunded without any interest in case the offer is not  accepted  by the Auctioner who reserves the rights : (i) to accept/reject/negotiate any offer without assigning any reason thereof,(ii) to forfeit the Earnest Money if the successful bidder, after approval of his bid, fails to comply with any of the terms and conditions of such approval.

 

 

WEST BENGAL FINANCIAL CORPORATION

Head Office :  12-A, N.S. Road (3rd & 4th floor)

Kolkata – 700 001.