Debts Recovery Tribunal Plot Auction in Velagoundampatti, Namakkal

Plot in Velagoundampatti, Namakkal · bank: Debts Recovery Tribunal · closing reserve: ₹ 30.2 L · EMD: ₹ 3.02 L · auction date: 17 Aug 2026

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All the piece and parcel of 7500 Sq. ft. vacant site extent that comprised by two items within which, the first item comprised by East-West 100 ft. each sides, South-North 60 ft. each SIDE BEARING AS Plot No. 168, 169, 187 & 188 and the second item comprised by East-West 50 ft each sides, South North 30 ft. each sides bearing as Plot No. 206. Such Plots exist amongst the various plots divided from the extent of Punjai Acre 7 that parted on the Northern side out of T.R. 15.36 correlated to Punjai Hectare 4.97.5 within Manathy Ela Nagar Village, Survey No. 2/1A within the limit of Velagoundan Patti Sub Registration District and Namakkal Registration District, Thiruchenkodu Taluk bounded by Boundaries for Plot No. 163, 169, 187 & 188, North - 20 ft wide East-West road, South - Plot No. 206 & 207, West - 20 ft. wide South-North road, East - 20 ft. wide South-North road. Within the boundaries in the middle East – West 100 ft. each side, South-North 60 ft. each side thereby total vacant site extent of 6000 Sq. ft. Boundaries for Plot No. 206 West - 20 ft. wide South-North road, East - Plot No. 207, North - Plot No. 187, South - Plot No. 252. Within the boundaries in the middle East-West 50 ft each side, South-North 30 ft. each side thereby total vacant site extent of 1500 sq ft. thereby putting together aforesaid two items, the total vacant site extent is admeasured as 7500 sq. ft. and inclusive of easement right for passing through 30 ft wide road that starts from Namakkal road and leads towards Western side and East. West and North-South roads described in the layout. The aforesaid property exists within the limit of Ela Nagar Village Panchayat and Elachi Palayam Panchayat Union. Properties standing in the name of Mr. M.P. Arumugam. Encumbrance certificate details: 1. Encumbrance Certificate dated 10.02.2026 for the period from 01.01.1987 to 04.02.2026 revealed Nil encumbrances. Further as per the order of Inspector General of Registration, Tamil Nadu in No.21343/C1/2021 dated 10.07.2021, even if any attachment by any civil court or other authority is there then still the Sub-registrar cannot refuse to register the sale certificate when the same is sold by DRT, in view of S.31-B of Recovery of Debts and Bankruptcy Act, 1993.

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