Union Bank of India Plant & Machinery Auction in Nalagarh, Solan

The property consists of Plant & Machinery and Land & Building belonging to M/s. Hillsfood Agro Beverages Pvt Ltd. The Plant & Machinery includes equipment for juice processing, preparation, sterilizer, filling station, and other related miscellaneous items. The Land and Building are situated at Plot No. 21C, measuring 1000 Sq. Meters, in the Industrial Area, Lodhi Majra, Tehsil-Baddi, Nalagarh, Distt. Solan, Himachal Pradesh. The property is held under registered leasehold rights as per lease deed No. 1466/2014 dated 19.09.2014 and supplementary lease deed No. 1831 dated 04.12.2014. The property is bounded as follows: East: Plot No-20-D, West: Road, North: Plot No-21-D, South: Plot No-21-B & 21-A. CERSAI IDs for Plant and Machinery are security interest ID-4000289440302 and Asset ID-200028889461. CERSAI IDs for Land and Building are security interest ID-400009614933 and Asset ID-200009597651. The property is under symbolic possession. Both Plant and Machinery and Land and Building will be sold together.

Union Bank of India is conducting a SARFAESI auction for Plant & Machinery and Land & Building. The property includes all parts and parcels of Plant & Machinery related to juice processing, preparation, sterilizer, filling station, and other miscellaneous items belonging to M/S Hillsfood Agro Beverages Pvt Ltd. This also includes the industrial land and building located at Plot No. 21C, measuring 1000 Sq.Mtr, situated at Industrial Area, Lodhi Majra, Tehsil-Baddi, Nalagarh, Distt. Solan (H.P). The sale is for both Plant & Machinery along with Land and Building together. The auction has a reserve price of 40,600,000.00 and an EMD of 4,060,000.00. The auction is subject to the outcome of CWP/1110/2022 filed before the Hon'ble Delhi High Court. The property is under symbolic possession. The auction will be conducted by BAANKNET from the Stressed Asset Management Branch, Chandigarh.