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Notices

NOTICE OF THE 2nd GENERAL BODY MEETING FOR 2021-22

Notice is hereby given to the Members that the 52 nd General Body Meeting of Vardhaman (Mahila) Co-operative Urban Bank Limited, (Regd No. TA1341) Banjara Hills, Hyderabad will be held on Friday 25th of March 2022 at 4:00PM at Sri Jain Sevasangh Bhavan, 3-5-121/D, Edenbagh, Ramkote, Hyderabad to transact the following business.

  1. To approve the Annual Budget of Income & Expenditure for the year 2022-2023.
  2. To approve the Annual Business Plan for the year 2022-2023.
  3. To approve / ratify admission of Members / allotment of additional shares / withdrawal and refund of share capital during the period from 01.07.2021 to 31.12.2021.
  4. To ratify the Sale / Purchase of Investments done by the Bank during the period from 01.07.2021 to 31.12.2021.
  5. To review all overdue loans and loans covered under legal action.
  6. To consider any other matter with the permission of the Chairman including such matter as may be required under the Act of Rules.

All Members are requested to attend theGeneral Body Meeting.

Date: 19-02-2022
Place: Hyderabad.
By order of the Board of Directors
-sd/-
Chief Executive Officer I/c

Note:

1. With regard to quorum of the meeting, the G.O Rt.No. 85 dated 22.02.2022 of Telangana State Government exempting the Cooperative Urban Banks under section 123 and rule 67 of Telangana State Cooperative Societies Act & Rules, 1964 will be followed.

2. Members are requested to bring along with them their share certificates/Identity Cards for identification.

3. Members are requested to update their Account No, Address, Mobile Number and email ID in Bank records.


POSSESSION NOTICE

(Under RULE 8(1) and (2) (FOR IMMOVABLE PROPERTY))

WHEREAS the undersigned being the Authorized Officer of Vardhaman (Mahila) Co-op. Urban Bank Ltd. under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and in exercise of powers conferred under Section 13(12) read with Rule 3 of the Security Interest (Enforcement) Rules, 2002 issued Demand Notice dated 20.12.2021 calling upon the Borrower Smt Alapati Rama Devi W/o Sri Alapati Ramakrishna Guarantors M/s Neeharika Industries Private Ltd., and Sri Alapati Ramakrishna S/o Sri Alapati Jayadeo to repay the amount mentioned in the notice being Rs.2,87,21,822.81 (Rupees Two Crores Eighty Seven Lakhs Twenty One Thousand Eight Hundred and Twenty Two and paise Eighty One Only) within 60 days from the date of the said Notice with subsequent interest thereon from 30.11.2021 with monthly rests.

The above named Borrower and Guarantors having failed to repay the amount despite the receipt of the above referred statutory notice, Notice is hereby given to the above said Borrower and Guarantors in particular and the public in general that the undersigned has taken possession of the property described herein below in exercise of powers conferred under Section 13(4) of the said Act read with Rule 8 & 9 of the Security Interest (Enforcement) Rules 2002 on this 21st day of February’ 2022.

The above named Borrower and Guarantors in particular and the public in general are hereby cautioned not to deal with the property and any dealings with the property will be subject to the charge of Vardhaman [Mahila] Co-op Urban Bank Ltd for an amount of Rs.2,87,21,822.81 (Rupees Two Crores Eighty Seven Lakhs Twenty One Thousand Eight Hundred and Twenty Two and paise Eighty One Only) plus interest from 30.11.2021 and expenses thereon.

Description of the immovable property Mortgaged property owned by M/s Neeharika Industries Private Ltd.,

All that the land admeasuring 5025.75Square yards or equivalent to 4202.14 Square Meters with a builtup area 73066 Square Feet on First ,Second and third floor in Survey no. 865/2 ,situated at Industrial Estate ,Medchal Village & Mandal ,Ranga Reddy District now Medchal-Malkajgiri District and bounded by:

North-15.00’ M Wide Road South-18.00’ M Wide Road
East– 3.00 M Wide Natural Drain & Telephone Exchange West-APIIC Limited Land
Hyderabad
Dt: 21.02.2022
Sd/-
Authorized Officer
VARDHAMAN (MAHILA) CO-OPERATIVE
URBAN BANK LTD.



POSSESSION NOTICE

(Under RULE 8(1) and (2) (FOR IMMOVABLE PROPERTY))

WHEREAS the undersigned being the Authorized Officer of Vardhaman (Mahila) Co.op Urban Bank Ltd. under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and in exercise of powers conferred under Section 13(12) read with Rule 3 of the Security Interest (Enforcement) Rules, 2002 issued Demand Notice dated 16.10.2021 calling upon the Borrower M/s Aditya Motor Cycle Company Proprietor: Mr.Putti.Vijay Kumar S/o Balaiah Putti and Guarantors Smt. P. Pushpalatha W/o Mr.Putti.Vijay Kumar and Mr. Vinod Kumar Hurria S/o Late Sri Dwarkadasji to repay the amount mentioned in the notice being pay Rs. 10,23,274=27 (Rupees Ten Lakhs Twenty Three Thousand Two Hundred Seventy Four and Twenty seven paisa Only) within 60 days from the date of the said Notice with subsequent interest thereon from 30.09.2021 with monthly rests.

The above named Borrower and Guarantors having failed to repay the amount despite the receipt of the above referred statutory notice, Notice is hereby given to the above said Borrower and Guarantors in particular and the public in general that the undersigned has taken possession of the property described herein below in exercise of powers conferred under Section 13(4) of the said Act read with Rule 8 & 9 of the Security Interest (Enforcement) Rules 2002 on this 14th day of February’ 2022.

The above named Borrower and Guarantors in particular and the public in general are hereby cautioned not to deal with the property and any dealings with the property will be subject to the charge of Vardhaman [Mahila] Co-op Urban Bank Ltd for an amount of Rs. 10,23,274=27 (Rupees Ten Lakhs Twenty Three Thousand Two Hundred Seventy Four and Twenty seven paisa Only) plus interest from 30.09.2021 and expenses thereon.

Description of the immovable property Mortgaged property owned by Mr. Mr.Putti.Vijay Kumar

All that the Shop bearing No. 6, (Assessed as 12-5-37/1/6) on Ground Floor, in the Building known as “SEETHAPADMANABHA ARCADE” admeasuring 278.25 Sft Plinth area, together with undivided share of land 5.0 Sq.Yards or 4.18 Sq.meters out of 677.77 Sq.yards, constructed on premises bearing Municipal No.12-5-37/1, on Plot No. 7, in Survey. No. 182, situated at TARNAKA, SOUTH LALLAGUDA, SECUNDERABAD, Telangana State belonging to Mr.Putti.Vijay Kumar and bounded by :

North - 30’ Wide Road South - Neighbours Shop
East - Neighbours Shop West - Neighbours Shop
Hyderabad
Dt: 14-02-2022
Sd/-
Authorized Officer
VARDHAMAN (MAHILA) CO-OPERATIVE
URBAN BANK LTD.



POSSESSION NOTICE

(Under RULE 8(1) and (2) (FOR IMMOVABLE PROPERTY))

WHEREAS the undersigned being the Authorized Officer of Vardhaman (Mahila) Co-op. Urban Bank Ltd. under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and in exercise of powers conferred under Section 13(12) read with Rule 3 of the Security Interest (Enforcement) Rules, 2002 issued Demand Notice dated 20.12.2021 calling upon the Borrower M/s Neeharika Industries Private Ltd., Directors: Sri Alapati Ramakrishna S/o Sri Alapati Jayadeo and Smt.Alapati Rama Devi W/o Sri. Alapati Ramakrishna Guarantors Sri Alapati Ramakrishna S/o Sri Alapati Jayadeo and Smt.Alapati Rama Devi W/o Sri. Alapati Ramakrishna to repay the amount mentioned in the notice being Rs. 3,53,34,956.98 (Rupees Three Crores Fifty Three Lakhs Thirty Four Thousand Nine Hundred and Fifty Six and Paise Ninety Eight Only) within 60 days from the date of the said Notice with subsequent interest thereon from 30.11.2021 with monthly rests.

The above named Borrower and Guarantors having failed to repay the amount despite the receipt of the above referred statutory notice, Notice is hereby given to the above said Borrower and Guarantors in particular and the public in general that the undersigned has taken possession of the property described herein below in exercise of powers conferred under Section 13(4) of the said Act read with Rule 8 & 9 of the Security Interest (Enforcement) Rules 2002 on this 21st day of February’ 2022.

The above named Borrower and Guarantors in particular and the public in general are hereby cautioned not to deal with the property and any dealings with the property will be subject to the charge of Vardhaman [Mahila] Co-op Urban Bank Ltd for an amount of Rs. 3,53,34,956.98 (Rupees Three Crores Fifty Three Lakhs Thirty Four Thousand Nine Hundred and Fifty Six and Paise Ninety Eight Only) plus interest from 30.11.2021 and expenses thereon.

Description of the immovable property Mortgaged property owned by M/s Neeharika Industries Private Ltd.,

All that the land admeasuring 5025.75 Square yards or equivalent to 4202.14 Square Meters with a builtup area 73066 Square Feet on First ,Second and third floor in Survey no. 865/2 ,situated at Industrial Estate ,Medchal Village & Mandal ,Ranga Reddy District now Medchal-Malkajgiri District and bounded by:

North-15.00’ M Wide Road South-18.00’ M Wide Road
East– 3.00 M Wide Natural Drain & Telephone Exchange West-APIIC Limited Land
Hyderabad
Dt: 21.02.2022
Sd/-
Authorized Officer
VARDHAMAN (MAHILA) CO-OPERATIVE
URBAN BANK LTD.



POSSESSION NOTICE

(Under RULE 8(1) and (2) (FOR IMMOVABLE PROPERTY))

WHEREAS the undersigned being the Authorized Officer of Vardhaman (Mahila) Co.op Urban Bank Ltd. under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and in exercise of powers conferred under Section 13(12) read with Rule 3 of the Security Interest (Enforcement) Rules, 2002 issued Demand Notice dated 13.01.2020 calling upon the Borrower Smt. B.Vijaya Lakshmi Goud And Sri.B.Satyanarayana Goud and Guarantors Sri. G.Naresh Goud S/o G Narsimha Goud and K Manohar Goud S/o K Yadaiah Goud to repay the amount mentioned in the notice being Rs. 16,69,748/- (Rupees Sixteen Lakhs Sixty Nine Thousand Seven Hundred and Forty Eight Only) within 60 days from the date of the said Notice with subsequent interest thereon from 31.12.2019 with monthly rests.

The above named Borrower and Guarantors having failed to repay the amount despite the receipt of the above referred statutory notice, Notice is hereby given to the above said Borrower and Guarantors in particular and the public in general that the undersigned has taken possession of the property described herein below in exercise of powers conferred under Section 13(4) of the said Act read with Rule 8 & 9 of the Security Interest (Enforcement) Rules 2002 on this 25th day of February’ 2022.

The above named Borrower and Guarantors in particular and the public in general are hereby cautioned not to deal with the property and any dealings with the property will be subject to the charge of Vardhaman [Mahila] Co-op Urban Bank Ltd for an amount of Rs. 16,69,748/- (Rupees Sixteen Lakhs Sixty Nine Thousand Seven Hundred and Forty Eight Only) plus interest from 31.12.2019 and expenses thereon.

Description of the immovable property Mortgaged property owned by Smt B Vijaya Lakshmi Goud & G Naresh Goud

1.)All that the Open Plot No.17/PART OF NORTHERN PART, Admeasuring : 126Sq. Yds or 105.43 Sq Mtrs , with dimensions of 8.8 M X 12.00 M , in Sy No 626/1 in scheme II and III of Shamshabad Ring Town, situated at HUDA SHAMSHABAD VILLAGE AND G.P. Shamshabad Mandal, RR Dist, covered by ward and Block No 18., belonging to Smt. B Vijay Lakshmi Goud and bounded by

North- Plot No 18 South-Plot No 17/Part of Southern Part
East - Road West - Plot No 14

2.)All that the Open Plot No.17/PART OF SOUTHERN PART, Admeasuring : 125Sq. Yds or 104.60 Sq Mtrs , with dimensions of 8.7 M X 12.00 M , in Sy No 626/1 in scheme II and III of shamshabad Ring Town, situated at HUDA SHAMSHABAD VILLAGE AND G.P. shamshabad Mandal, RR Dist, covered by ward and Block No 18., belonging to G Naresh Goud and bounded by :

North - Open Plot No 17/Part of Northern Part South - Plot No 16
East - Road West- Plot No 14
Hyderabad
Dt: 25-02-2022
Sd/-
Authorized Officer
VARDHAMAN (MAHILA) CO-OPERATIVE
URBAN BANK LTD.



POSSESSION NOTICE

(Under RULE 8(1) and (2) (FOR IMMOVABLE PROPERTY))

WHEREAS the undersigned being the Authorized Officer of Vardhaman (Mahila) Co.op Urban Bank Ltd. under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and in exercise of powers conferred under Section 13(12) read with Rule 3 of the Security Interest (Enforcement) Rules, 2002 issued Demand Notice dated 16.10.2021 calling upon the Borrower M/s Prakash Industries Work Proprietor: Mr.Ragipani Shiva Prakash S/o Narsimha Chary and Guarantors Ms.Ragipani Renuka W/o Mr.Ragipani Shiva Prakash to repay the amount mentioned in the notice being Rs. 50,07,691.62 (Rupees Fifty Lacs Seven Thousand Six Hundred And Ninty One and Paisa Sixty Two Only) within 60 days from the date of the said Notice with subsequent interest thereon from 30.09.2021 with monthly rests.

The above named Borrower and Guarantors having failed to repay the amount despite the receipt of the above referred statutory notice, Notice is hereby given to the above said Borrower and Guarantors in particular and the public in general that the undersigned has taken possession of the property described herein below in exercise of powers conferred under Section 13(4) of the said Act read with Rule 8 & 9 of the Security Interest (Enforcement) Rules 2002 on this 14th day of February’ 2022.

The above named Borrower and Guarantors in particular and the public in general are hereby cautioned not to deal with the property and any dealings with the property will be subject to the charge of Vardhaman [Mahila] Co-op Urban Bank Ltd for an amount of Rs. 50,07,691.62 (Rupees Fifty Lacs Seven Thousand Six Hundred And Ninty One and Paisa Sixty Two Only) plus interest from 30.09.2021 and expenses thereon.

Description of the immovable property Mortgaged property owned by Ms.Ragipani Renuka

All that the House Bearing No 10-5-29/1 Plot No. 13 Survey. No.20 & 21, admeasuring 200 Sq. Yards or 167.22 Sq meters along with Plinth area of 1700 Sft., 1st Floor 1700 Sft , 2nd Floor 1700 Sft, totaling to 5100 Sft, situated at Alwyn Society Colony( Block-5), Fathenagar Village, Balanagar Mandal, Medchal, Malkajgiri Dist( Old as R. R. Dist) , Hyderabad, Telangana State, belonging to Ms.Ragipani Renuka and bounded by :

East- House on Plot No 13 West-25 ft Wide Road
North - House on Plot No 12 South- House on Plot No 14
Hyderabad
Dt: 14-02-2022
Sd/-
Authorized Officer
VARDHAMAN (MAHILA) CO-OPERATIVE
URBAN BANK LTD.



POSSESSION NOTICE

(Under RULE 8(1) and (2) (FOR IMMOVABLE PROPERTY))

WHEREAS the undersigned being the Authorized Officer of Vardhaman (Mahila) Co-op. Urban Bank Ltd. under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and in exercise of powers conferred under Section 13(12) read with Rule 3 of the Security Interest (Enforcement) Rules, 2002 issued Demand Notice dated 20.12.2021 calling upon the Borrower Sri. Alapati Ramakrishna S/o Sri Alapati Jayadeo Guarantors M/s Neeharika Industries Private Ltd., and Smt.Alapati Rama Devi W/o Sri. Alapati Ramakrishna to repay the amount mentioned in the notice being Rs. 2,86,14,957.91(Rupees Two Crores Eighty Six Lakhs Fourteen Thousand Nine Hundred and Fifty Seven and Paise Ninety One Only) within 60 days from the date of the said Notice with subsequent interest thereon from 30.11.2021 with monthly rests.

The above named Borrower and Guarantors having failed to repay the amount despite the receipt of the above referred statutory notice, Notice is hereby given to the above said Borrower and Guarantors in particular and the public in general that the undersigned has taken possession of the property described herein below in exercise of powers conferred under Section 13(4) of the said Act read with Rule 8 & 9 of the Security Interest (Enforcement) Rules 2002 on this 21st day of February’ 2022.

The above named Borrower and Guarantors in particular and the public in general are hereby cautioned not to deal with the property and any dealings with the property will be subject to the charge of Vardhaman [Mahila] Co-op Urban Bank Ltd for an amount of Rs.2,86,14,957.91(Rupees Two Crores Eighty Six Lakhs Fourteen Thousand Nine Hundred and Fifty Seven and Paise Ninety One Only) plus interest from 30.11.2021 and expenses thereon.

Description of the immovable property Mortgaged property owned by M/s Neeharika Industries Private Ltd.,

All that the land admeasuring 5025.75 Square yards or equivalent to 4202.14 Square Meters with a builtup area 73066 Square Feet on First ,Second and third floor in Survey no. 865/2 ,situated at Industrial Estate ,Medchal Village & Mandal ,Ranga Reddy District now Medchal-Malkajgiri District and bounded by:

North-15.00’ M Wide Road South-18.00’ M Wide Road
East– 3.00 M Wide Natural Drain & Telephone Exchange West-APIIC Limited Land
Hyderabad
Dt: 21.02.2022
Sd/-
Authorized Officer
VARDHAMAN (MAHILA) CO-OPERATIVE
URBAN BANK LTD.






Elections:

Elections were conducted for the Managing Committee of the Bank by the Deputy Registrar of Cooperative Societies, Hyderabad and Election Officer on 11-12-2021 and the list of new Board of Directors is given hereunder.

BOARD OF DIRECTORS

1) Sri. Ritesh Kumar Daga - Chairman
2) Smt. Nirmala   Daga - Sr. Vice Chairperson
3) Smt. Rajkumari  Bai - Vice  Chairperson
4) Smt.Chayya  S Golechha - Director
5) Smt. Dr. Asha Satish Khivsara - Director
6) Smt. Chhaya  Lohade - Director
7) Smt. Nirmala Jain - Director
8) Smt. Pushpa  Sancheti - Director
9) Smt. Pooja Jain - Director
10) Sri.  Shantilal  Khimji  Shah - Director
11) Sri.  Prem Prakash Singhvi,   C.A. - Director
12) Sri.  Tushar  Savla,  C.A - Director
13) Sri.  Mahender Kumar Jain Golecha. CA - Director
14) Sri.  Madan  Chand Jain - Director
15) Sri.  Jugraj  Jain - Director
16) Sri.  Shantilal  Daga,    C.A - Prof. Director (Co-opted)



Interest on Deposits

On the basis of suggestions received from many of our valued customers, the following changes have been introduced with effect from 29.02.2016 in the method of payment of interest on Fixed Deposits.

  1. Monthly Interest shall be paid on last day of each month.
  2. Quarterly Interest shall be paid on 31st March, 30th June, 30th September & 31st December.
  3. Half yearly Interest shall be paid on 30thSeptember &31st March.



IMPORTANT PUBLIC NOTICE

RBI has issued fresh guidelines on KYC vide circular no. UBD.BPD (PCB ). Cir no. 23/14.01.062/2014-15 dated 22.10.14 as under :

  1. Banks have to give a notice of three months to the customers of accounts which are not KYC-compliant to submit documents required to make these a/cs KYC-compliant.
  2. A further period of three months should be given to the customers to complete the process
  3. After the six months period is over, the remaining accounts may be rozen”partially’, i.e, credits may be allowed, but debits shall not be permitted.
  4. If the accounts remain non-compliant six months after “partial” freeze is imposed, neither credits , nor debits shall be permited and the accounts shall be made “in-operative.

Therefore, all customers of the Bank are requested to contact their branch to find out the status of their accounts.

The following documents are required for making an account KYC-compliant :

Documents required as Id and/or  address proof

Documents

Accounts of individuals
• Legal name and any other names used (ID-proof)

 

 

 

-------------------------------------------------

  • Correct permanent address ( Address-proof )

(i) Passport (ii) PAN card (iii) Voter’s Identity Card (iv) Driving licence(v) Identity card (subject to the bank’s satisfaction) (vi) Letter from a recognized public authority or public servant verifying the identity and residence of the customer to the satisfaction of bank (vii) Job cards issued by NREGA duly signed by an officer of the State Government (viii) The Letter issued by the Unique Identification Authority of India containing details of name, address and Aadhar number or any other document as notified by the Central Government in consultation with the Reserve Bank of India or any other document as may be required by the banking companies or financial institution or intermediary
----------------------------------------------------
(i) Telephone bill (ii) Bank account statement (iii) Letter from any recognized public authority(iv) Electricity bill (v) Ration card(vi) Letter from employer (subject to satisfaction of the bank)

(any one document which provides details of both Id and address  to the satisfaction of the bank will suffice )

Accounts of companies
• Name of the company
• Principal place of business

•    Mailing address of the company
• Telephone/Fax Number

(i) Certificate of incorporation and Memorandum & Articles of Association (ii) Resolution of the Board of Directors to open an account and identification of those who have authority to operate the account (iii) Power of Attorney granted to its managers, officers or employees to transact business on its behalf (iv) Copy of PAN allotment letter (v) Copy of the telephone bill

Accounts of partnership firms
• Legal name
• Address

(i) Registration certificate, if registered(ii) Partnership deed (iii) Power of Attorney granted to a partner or an employee of the firm to transact business on its behalf (iv) Any officially valid document

Accounts of propritorship firms
• Legal name
• Address

Any one of the undernoted documents to be obtained. as Identity and address proof of the proprietor

 (i) Passport, PAN card, Voter ID card, Driving licence, Ration Card with photo, etc.

Any two of the undernoted documents to be obtained. as Identity and address proof of the proprietary concern

 (ii) Registration certificate (in the case of a registered concern), certificate/ licence issued by the Municipal authorities under Shop & Establishment Act, CST/VAT certificate/ return, complete Income Tax return ( not just the acknowledgment  ) of the sole proprietor where the firm’s income is reflected, duly authenticated / acknowledged by the Income tax authorities, utility bills such as electricity, water and landline telephone bills in the name of the proprietary concern, Licence issued by the Registering authority like Certificate of Practice issued by Institute of Chartered Accountants of India, Institute of Cost Accountants of India, Institute of Company Secretaries of India, Indian Medical Council, Food and Drug Control Authorities, etc.

 



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