Notice inviting 7-day confidential sealed bids

for the auction sale of non-banking property (house/land) in the name of Kumari Bank Limited Kathmandu.

(Published on 2082/03/30, noon daily)

A 7-day confidential sealed bid notice has been published for the sale of the non-banking property (house/land) mentioned in the details registered in the name of Kumari Bank Limited in the same condition and quantity as it is. This notice is published for the information of all those who are interested in purchasing the said non-banking property and are invited to submit confidential sealed bids subject to the following conditions.

You are the informant of all

Details

1. Land/house with area of 1870.91 and 1151.33 (sq m) respectively, located in Plot No. 4625 and 25, Ward No. 6, Asanpur Village Council/NPA, Siraha District, registered in the name of Kumari Bank Limited at Land Revenue Office, Lahan Siraha, along with all its adjoining areas.

Restrictions

1. Sealed bids must be received at Kumari Bank Ltd., Lahan Branch Office, within office hours, by the 7th day from the date of publication of this notice, i.e., 4th Shrawan 2082.

2. The bid form can be obtained from Yes Bank Ltd. Branch Office, Lahan on payment of Rs. 500/-. The terms and conditions mentioned in the bid form shall also be considered an integral part of this notice.

3. The amount of non-banking property that you want to accept and take should be clearly written in figures and words in the bid. At the time of submitting the bid, an amount equal to 10 (ten) percent of the amount accepted should be deposited in this bank as a deposit and the voucher thereof, a bank good for payment check drawn in the name of this bank should be attached with the bid. Apart from this, no other type of deposit will be accepted and no interest will be paid on the deposit amount.

4. The bid can be submitted by an individual or an organization alone or jointly to purchase the house/land. In the case of an individual, a copy of the citizenship certificate and in the case of an organization, a copy of the registration certificate and permanent account number will have to be submitted.

5. The bids will be opened at 3:00 PM on the 8th day from the date of publication of this notice, i.e., 2082 Shrawan 05, at the presence of the bidder or his representative and other representatives at the branch office of Rohwar Bank, Lahan. The mere absence of the bidder or his representative shall not be deemed to have prevented the opening of the bids.

6. If the last day for submission of bids falls on a bank holiday, the bids can be submitted/opened on the next day, i.e. within the same time frame as the bank is open.

7. No action will be taken against bids submitted after the deadline or before the due date, or those submitted with conditions.

8. If the bid is accepted, the concerned bidder shall deposit the remaining amount, excluding the bid security, in this bank within 15 (fifteen) days from the date of receipt of the notification, otherwise the amount deposited as security will be forfeited.

9. The Bank reserves the right to accept or reject the bid, in whole or in part, or to conduct further negotiations or to cancel the auction process, even if the highest score is received under the confidential sealed bid.

10. The bidder shall bear all the liability for all types of taxes, revenues, duties, etc. levied by the concerned agency, office, etc. for the delivery and disposal of the auctioned property.

11. If you require any further information, you may contact the Debt Recovery Department under the Bank's Head Office, Bagbazar, Kathmandu.

Bid opening date: Monday, 5th July 2082 at 3:00 PM

KUMARI BANK LIMITED

KUMARI BANK LIMITED

For everyone, forever.

Branch Office Lahan Phone No. 033-565006

Source: Madhyanha