Office for Auction in Malappuram – SIB

Property Details

Property type

Office (Commercial)

Possession

Not specified

Locality

—

City

Malappuram

State

Kerala

Pincode

682036

Address

OFFICE OF THE RECOVERY OFFICER DEBTS RECOVERY TRIBUNAL-I ERNAKULAM 5th Floor, K.S.H.B. Building, Panampilly Nagar, Ernakulam — 682036 Date : 28/10/2026 NOTICE (Under Rule 15 of the Second Schedule to the' Income Tax Act, 1961) Due to want of bidders, e-auction scheduled on 28/10/2026 in DRC No. 111/2023 (The South Indian Bank Ltd Vs Sakeer Hussain M.P and 5 others ) is hereby adjourned to 18.11.2026 on the same Reserve Price of Rs. 35,00,000/- (Rupees thirty five lakhs only) as detailed below: No To 1. 2. 3. 4. 5. 6. DRC No DRC 111/2023 in OA No. 17/2019 Next date and time of adjourned auction 18.11.2026 (11.00 hrs to 11.30hrs) EMD submission On or before 16.11.2026 15.00 hrs Online bid submission On or before 16.11.2026 17.00 hrs oyK ) Recovery Officer Sakeer Hussain M. P. S/o. Abdul Rahünan (Late) , Mecheri Pakideri House , Thuvuur, Malappuram — 679 327 Fathima , W/o. Abdul Rahiman M. P. (Late), Mecheri Pakideri House , Thuvuur, Malappuram — 679 327 Abdul Razak , S/o. Abdul Rhiman M. P. (Late) , Mecheri Pakideri House , Thuvuur, Malappuram — 679 327 Mujeeb Rahiman , S/o. Abdul Rhiman M. P. (Late) , Mecheri Pakideri House , Thuvuur, Malappuram — 679 327 Najumudheen , S/o. Abdul Rhiman M. P. (Late) , Mecheri Pakideri House , Thuvuur, Malappuram — 679 327 Noushad , S/o. Abdul Rhiman M. P. (Late) , Mecheri Pakideri House , Thuvuur Malappuram — 679 327 Copy to : The Manager, The South Indian Bank Ltd Karuvarakund Branch, Malappuram District With the direction to issue necessary View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

DEBTS RECOVERY TRIBUNAL ERNAKULAM(DRT 1)

Auction type

DRT Auction

Borrower

Sakeer H***** M P & o*****

Auction start

18 Nov 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

Recovery Officer, Ernakulam DRT

Officer contact

—

E-auction portal

DEBTS RECOVERY TRIBUNAL ERNAKULAM(DRT 1)

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. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (DEBTS RECOVERY TRIBUNAL ERNAKULAM(DRT 1)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 18 Nov 2026 starting above the reserve price.
6. 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.