Auction Closed · Scheduled Auction Date Passed (19 Oct 2026)

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Vehicle Auction in Telangana | Mr. Madhusudhan Rao Gonugunta (Liquidator) Bank Auction

Vehicles, Furniture & Computers Auction in Telangana · Reserve price ₹ 3,03,00,000 · Auction on 19 Oct 2026

Location as per notice

Reserve price

₹ 3,03,00,000

EMD

₹ 30,30,000

Auction date

19 Oct 2026

Status

Ended

Bank

Mr. Madhusudhan Rao Gonugunta (Liquidator)

Possession

As per notice

Photos do not establish property condition or title. Confirm the location, inspection window, terms and latest sale notice directly with the selling authority before paying EMD.

Property details

Property Type
Vehicle
Description
Loan A/c: — | Demand Notice: — | Outstanding: — | Possession Date: — | Bid Increment: — | EMD Last Date: 16 Oct 2026 (EOI also 16 Oct 2026) | Inspection: — | Platform: https://baanknet.com | Encumbrance/Litigation: In liquidation (CIN L18100TG1983PLC003961); Vehicles, F&F, Computers and Financial Assets of the CD (Lot 3; sold only if Lots 1 and 2 are sold); IBBI Reg IBBI/IPA-001/IP-P00181/2017-18/10360; no NCLT order details stated

Bank & auction terms

Auction ID
AX-0G3MQOG
Bank / Authority
Mr. Madhusudhan Rao Gonugunta (Liquidator)
Reserve Price
₹ 3,03,00,000
EMD Amount
₹ 30,30,000
Auction Date
19 Oct 2026
Auction Time
14:00
Borrower Name
Suryajyoti Spinning Mills Limited (Corporate Debtor, in Liquidation)
Bank Contact Details
Madhusudhan Rao Gonugunta, 8074633502, 9177715558 (support: Mr. Sudhir 8919507219), cirpsuryaj@gmail.com

Auction documents

  • Sale noticesale notice

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