Car for Auction in Delhi – Puniab National Bank

Property Details

Property type

Car (Vehicles)

Locality

—

City

Delhi

State

Delhi

Address

q!l* tt{l OFFICE OF THE RECOVERY OFFICER'I DEBTS RECOVERY TRIBUNAL-II, DELHI 4"' FLooR, JEEVAN TARA BtJILDING, PARLIAM ENT STREET, N EW DELHI' 11OOO1 I E?, ? $v￾Datedi 21,Lo,2026 T. R. C. No. 81/2024 Puniab National Bank vS M/s Car Advice Showroom' As per my order dated 19.10.2026' the under mentioned property will be sold by public e-auction sale on ?!JL'ZMLin the said Recovery Certificate:- The auction sale will be "online e'Auctioning" tltrough website httDs:/ /www.baanknet'com Date and Time of Artctiolf|'; Z4.LZ,ZOz 6 between 11'00 am to 12'00 noon (With extensions of 5 minutes duration after 12 noon' ifrequired) 1. All conditions of sale shall be governed by the provisions of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 read with the Second & the Third Schedules to the Income Tax Act, 1961' and the lncome Tax (Certificate Proceedings) Rules 1962 and also guided by the Information Technolos/ Act 2000 as amended fiom time to time' 2. Property is sold on "as is and where is /on what it is basis"' 3. Property can be inspected on the date(s) given in the public sale notice/tender document 4.EMDshallbesubmittedonlinebeforethelastdateandtimegiveninthesale notice/tender document. 5. The bid shal) be accompanied by the EMD as specified in the public sale notice/tender document. 6. The e-Auction shall commence strictly at tle scheduled time and above the highest quotation received. Auction/Bidding time will initially be for a period of one hour and the c View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Puniab National Bank

Branch

DEBTS RECOVERY TRIBUNAL DELHI(DRT 2)

Auction type

DRT Auction

Borrower

—

Auction start

24 Dec 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

Recovery Officer, Delhi DRT

Officer contact

—

E-auction portal

DEBTS RECOVERY TRIBUNAL DELHI(DRT 2)

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
2. Register on the e-auction portal (DEBTS RECOVERY TRIBUNAL DELHI(DRT 2)), complete KYC and get a digital signature certificate if required.
3. Pay the EMD of — before —. It is refunded if you don't win.
4. Bid online on 24 Dec 2026 starting above the reserve price.
5. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.