Shangri-La Development Bank Ltd. |

Central Office: Baluwatar, Kathmandu

Shangri-la Development Bank Ltd.

Basis of local development

(Nepal Rashtra Vaikyat 'B' class licensed institution)

Phone: 01-4521861/62/63

7-day notice regarding the invitation of confidential sealed bids for the sale of immovable property (house/land) held as non-banking assets of this bank

Notice published date: Naya Patrika National Daily dated 18/03/2082 Last date for submission of bids: 24/03/2082 within office hours

This 7 (seven) day public notice regarding auction sale has been published to sell the non-banking assets mentioned in the schedule registered in the name of this Development Bank through secret sealed bid subject to the rules of the bank and prevailing laws. Since the assets mentioned in the schedule will be sold through secret sealed bid within the specified time in the same condition as they are, exercising the powers granted by the Banking and Financial Institutions Act and other prevailing laws, the non-banking assets mentioned in the schedule will be sold through secret sealed bid. Any person, firm, company or other organized organization interested in purchasing and acquiring the said assets through secret sealed bid is invited to purchase the bid form from any branch/regional office of this Development Bank and submit the sealed bid application to the Debt Recovery Unit at the central office within the office hours of the last day for submission of bids subject to the following conditions.

Details (Details of Non-Banking Assets)

No. real estate

land reform/

No. Owner's Name Land Revenue Office

of house/land

address

share

area

mood

No.

(V.M./ (B.C.D.H.C.)

29

3453.55 (0-10-4-0)

33

5197.96 (0-15-7-0)

31

1388.19 (0-4-2-0)

Parasi Nawalparasi (BSP)

Tilakpur-5,

1040

1303.76 (0-3-17-0)

1. Shri Shangri-La Development Bank Ltd.

Nawalparasi (BSP)

30

1422.05 (0-4-4-0)

32

840

2.

Conditions:

anaz Manpur-7C, Dang

Tulsipur, Dang

1039

800

1779

4571455.91 (0-4-6-0)

3286.37 (0-9-14-0.5)

84.65 (0-0-5-0)

169.32 (0-0-10-0)

3386.40 (0-10-0-0)

29,681.20

Including the house/land and all the associated expenses.

1. The bid must be submitted accepting the property to be sold in its "as is" condition.

2. The bid form can be purchased from any branch office of this bank by depositing a non-refundable amount of Rs. 1000.- (One thousand in words only) in the account number 999-9307401050101 "SDBL - Other Non-Operating Income" of this bank and showing the original voucher. While purchasing, it should be ensured that each page of the bid form has the bank's seal. A bid form without the bank's seal will not be considered official.

3. The bid form must include the necessary details of the property you want to buy in a clear and understandable manner. The rate should be written clearly in figures and letters. If there is a difference between the figures and letters, the one written in letters will be accepted. It is mandatory to sign where there is a mark. A bid submitted in a way that is too markup and the price agreed upon is not understood will not be accepted.

4. In the bid form, you will have to fill in the details of the property you wish to acquire based on the notice published by this bank.

5. Along with the bid, at least 10 percent of the amount bid by the bidder should be deposited in account no. 999-9206501070501 "SADBL - Auction Deposit (Lilami)" from any branch/regional/central office of this bank along with a copy of the voucher receipt and the original copy should be submitted to the Debt Recovery Unit of the central office of this bank.

6. If the last day for submission of bids falls on a public holiday, the bids must be submitted to the Debt Recovery Unit of the Central Office of this Bank within the office hours of the office opening on the day immediately following the holiday.

7. The bids received will be opened at the central office of this bank during office hours on the next day after the last day for submission of bids (if that day falls on a public holiday, the office will be opened on the next day). The bidders or their representatives are requested to be present. The bids will be opened in the presence of the bidders or their representatives and other dignitaries, but the absence of the bidders or their representatives will not prevent the bids from being opened.

8. When submitting the bid form, each page of this bid form must be signed and sealed. 9. If you wish to inspect the property to be sold at auction or if you wish to obtain further information about the property to be sold at auction, you may do so by contacting the Debt Recovery Unit at the Central Office during office hours prior to submitting the bid and inspecting the property in its present condition in coordination with the nearest branch office. It must also be accepted in the same condition and quantity.

10. Bids that are incomplete or have been received after the deadline will not be accepted. Bids submitted with any conditions by the bidder will not be accepted.

11. The bidder will be informed whether the bid has been accepted or not and the bidder whose bid is accepted will have to deduct the deposit amount from the bid amount within the date specified by the bank and pay the remaining amount and transfer the above-mentioned properties to his/her name. If the remaining amount is not paid within the above-mentioned deadline, the bid will be cancelled and the deposit amount will be forfeited.

12. The bidder shall bear all government fees, including registration fees, as per the rules and prevailing laws of the Government of Nepal, and all other dues and charges payable by the bidder himself. 13. The bid shall include a copy of the citizenship certificate if the bidder is an individual and a registration certificate if the bidder is a firm/company/institution.

Necessary documents such as a copy of the tax registration certificate and a resolution of the board of directors for institutional representation

Updated documents showing authority must be submitted. 14. While submitting the bid, the envelope should be sealed and the date of the auction notice issued should be mentioned on the outside as "Application for Purchase of Non-Banking Property in the Name of the Bank".

15. After the bid is submitted, there will be no change in the amount or terms mentioned in the bid. Also, the deposit amount will not be refunded until the bid is accepted or rejected. No interest will be paid on the said deposit amount. 16. Bids that are not submitted in due time or after the deadline will be automatically cancelled.

17. The Bank reserves the right to accept/reject the bids submitted in whole or in part and the Bank shall not be required to assign any reason for such rejection. The properties to be sold may be sold collectively to a single bidder or separately to different bidders.

18. The security deposit deposited by the rejected/cancelled bidders will be refunded through Manager's Check (Account Payee) of this bank.

19. The auction may be stopped if an order to stop the auction is received from a court or other authorized body.

Source: Naya Patrika