IN FORCE SEZ / EOU / FTWZ 2025-02-13

E-Auction sale notice under IBC, 2016 - Yash Jewellery Pvt. Ltd. (In Liquidation)

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----- Start of picture text -----<br> E-AUCTION SALE NOTICE UNDER IBC, 2016<br>YASH JEWELLERY PRIVATE LIMITED (IN LIQUIDATION)<br>(CIN: U27205MH2006PTC165520)<br>Reg. Office: 603/604 Block No.1, SEEPZ, SEZ, MIDC, Andheri East,<br>Mumbai-400096 Maharashira<br>Email: lig.yashjew@gmail.com, Mobile: 9810037450<br>Notice is hereby given to the public in connection with the sale of assets owned by Yash<br>Jewellery Private Limited (in liquidation) ("Corporate Debtor") offered by the Liquidator<br>appointed by the Hon’ble NCLT, Mumbai Bench under C.P(IB)/1045(MB)/2021 dated<br>28.06.2024 under The Insolvency and Bankruptcy Code, 2016 (“Code”).<br>The assets of the corporate debtor forming part of its liquidation estate, are being offered for<br>Sale in terms of Regulation 32 of the Insolvency and Bankruptcy Board of India (Liquidation<br>Process) Regulations, 216. The bidding shall take place through an online e-auction service<br>provider E-Procurement Private Limited at https://auctiontiger.in.<br>No.<br>1. | Date and Time of Auction Date-28.02.2025<br>E-Auction under Option A: 10:00 AM to 11:30 AM<br>E-Auction under Option B: 12:30 PM to 02:00 PM<br>(Option B will be activated only if there is no bid<br>received under Option A.<br>eligibility documents<br>Address and email of the D-1B ,9A , Janakpuri , New Delhi — 110058<br>ritu_rastogi1 @yahoo.co.in<br>/. | Process specific address for D-1B ,9A , Janakpuri , New Delhi — 110056<br>correspondence Email :- lig. vashiew@gmail.com,<br>Reserve Price Initial Earnest | Incremental<br>Money deposit Value<br>A sale of corporate debtor} Rs. 16,28,00,000} Rs. 1,60,00,000} Rs. 5,00,000<br>as going concern] (Rupees Sixteen} (Rupees One (Rupees Five<br>including buildings having | Crore Twenty-Eight} Crore Sixty Lakhs)<br>descriptions of Unit No. | Lakhs) Lakhs)<br>904, 603 and 604 at<br>Tower-!| Block No.1,<br>SEEPZ, SEZ, MIDC,<br>Andheri East, Mumbai-<br>400096 including<br>movable assets and<br>security & financial assets<br>lying at Unit No.504<br>B Buildings having|RS.11,15,00,000] Rs. 1,10,00,000] Rs.3,50,000<br>Lot-1 | descriptions of Unit No.} (Rupees Elevenj (Rupees One | (Rupees Three<br>603 and 604 at Tower-l | Crores Fifteen Lakhs) Crore Ten Lakhs Fifty<br>Block No.1, SEEPZ, SEZ, Lakhs) Thousand)<br>MIDC, Andheri East,<br>Mumbai-400096<br>lot? [Buildings having]|Rs. 4,34,00,000] Rs. 42,00,000 | Rs. 1,50,000<br>descriptions of Unit No. | (Rupees Four Crores} (Rupees Forty- | (Rupees One<br>904 at Tower-! Block | Thirty-Four Lakhs) Two Lakhs) Lakh Fifty<br>No.1, SEEPZ, SEZ, MIDC, Thousand)<br>Andheri East, Mumbai-<br>400096<br>Lot-3 | Movable assets lying at) Rs. 48,590,000] Rs. 5,00,000 Rs.10,000<br>Unit No. 504, 603 and 604 | (Rupees Forty-Eight} (Rupees Five (Rupees Ten<br>at Tower-I| Block No.1,;Lakhs and Fifty Lakhs) Thousand)<br>SEEPZ, SEZ, MIDC, | Thousand)<br>Andheri East, Mumbai-<br>400096<br>Lot-4 | Security and financial} Rs.30,50,000)] Rs.3,00,000 Rs.10,000<br>Assets lying at Unit No.} (Rupees Thirty Lakh} (Rupees Three | (Rupees Ten<br>904, 603 and 604 at] Fifty Thousand) Lakhs) Thousand)<br>Tower-!| Block No.1,<br>SEEPZ, SEZ, MIDC,<br>Andheri East, Mumbai-<br>400096<br>Important Notes<br>1. E- Auction will be conducted on “AS IS WHERE IS, WHATEVER THERE IS AND<br>WITHOUT RECOURSE BASIS” through service provider, M/s e-procurement<br>Technologies Limited on E-Auction platform: https://ncltauction.auctiontiger.net and<br>such sale is without any kind of warranties and indemnities. The sale is conducted under<br>the provisions of the | & B Code, 2016 and regulation made there under.<br>2. The details of process and timeline ofthe site visit, due diligence etc are outlined in the E-<br>auction process document. The said E-auction process documents is available on the<br>website of e-auction service provider M/s e-procurement Technologies Limited on E-<br>Auction platform: httos://ncltauction.auctiontiger.net<br>3. Interested bidder shall participate after mandatorily reading and agreeing to the relevant<br>terms and conditions including as prescribed in E-auction process document and<br>accordingly, submit their expression of interest in the manner prescribed in the E-auction<br>process document.<br>4. The liquidator has the absolute right to accept or reject any or all offer(s) or adjourn/<br>postpone/cancel/modify/terminate the E-auction or withdraw any assets thereof from<br>the auction proceeding at any stage without assigning any reason thereof.<br>o. As per proviso to sub-clause(f) of Section 35 if | & B Code, 2016, the interested bidder<br>Shall not be eligible to submit a bid if it fails to meet the eligibility criteria as set out in<br>section 29A of the Code (as amended from time to time).<br>Ritu Rastogi<br>Liquidator<br>IBBI Registration No.: IBBI/IPA-001/IP-P00204/201 7-18/10393<br>Date-29.01 2025 In the matter of Yash Jewellery Private Limited<br>Place- Maharashtra<br>----- End of picture text -----<br>

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