SALE NOTICE – UNDER LIQUIDATION (IBC, 2016)
Jun 18, 2026 • Maryam Begum • Auction Notices / Real Estate Notices
Source:
FinancialExpress E-Paper
Saalim Shoes Private Limited (Under Liquidation)
CIN: U19111TN2006PTC060267
Pursuant to the Insolvency and Bankruptcy Code, 2016, the Liquidator appointed by the Hon’ble NCLT, Chennai Bench, invites bids for the sale of assets of the Corporate Debtor through e-auction under Regulation 32 of the IBBI (Liquidation Process) Regulations, 2016.
The sale is being conducted on an “As is Where is”, “As is What is”, “Whatever there is” and “No recourse” basis through the e-auction platform https://baanknet.com.
Asset Details:
Land and Building situated at A-Unit No. 143/3, M.B.T. Road, Walajah Taluk, Ranipet – 632401, Tamil Nadu
Land area: 2.52 acres (approx.)
Built-up area: 74,482 sq. ft. (approx.)
Reserve Price: ₹17 Crore
EMD: ₹1.50 Crore
Inspection Period: 19 June 2026 to 15 July 2026 (10:00 AM to 4:00 PM, by prior appointment)
Last Date for EMD Submission: 15 July 2026
E-Auction Date: 17 July 2026 (11:00 AM to 1:00 PM)
Bids must be submitted online only through the designated portal. The Liquidator reserves the right to modify, extend, or cancel the process or reject any bid without assigning reasons.
For detailed process document and queries, contact: saalim.liquidation@gmail.com / support.baanknet@psballiance.com / Helpline: 8291220220.
Dr. S.R. Shriraam Shekher
Liquidator
IBBI Registration No.: IBBI/IPA-003/IP-N000144/2017-2018/11598
Saalim Shoes Private Limited (Under Liquidation)
Chennai, Tamil Nadu