Insolvency and Bankruptcy Board of India

LAND & BUILDING AND PLANT & MACHINERY SITUATED IN AN EXTENT OF 2.87 ACRES AT R S NOS: 612/2A, 612/2B & 613/1B, ZP ROAD, KOLAVENNU – 521 153, KANKIPADU MANDAL, KRISHNA DISTRICT, ANDHRA PRADESH, INDIA. UNDER REGULATIONS 32(c), 33(1) AND SCHEDULE I OF THE IBBI (LIQUIDATION PROCESS) REGULATIONS, 2016

Residential Flat with Two-Wheeler Parking Space.

Invitation for submission of Expression of Interest for Assignment or transfer of NOT READILY REALIZABLE ASSETS (NRRA) of M/S TEN K OVERSEAS LIMITED- In Liquidation (“Corporate Debtor” or “Company” or “CD”), under Regulation 37A of the IBBI (Liquidation Process) Regulations, 2016 made under the Insolvency and Bankruptcy Code, 2016 (“Code’) by the order of Hon’ble National Company Law Tribunal, (“NCLT”) Chandigarh dated 18th August, 2023

1) All the rights in the Application under IA No. 1531 of 2025 pending before the Hon'ble National Company Law Tribunal, New Delhi Bench VI, filed under Regulation 10 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 read with Rule 11 of the NCLT Rules, 2016 arising out of the Liquidation proceedings of M/s Aventura Components Private Limited (Corporate Debtor) for disclaimer of onerous property presently lying at the Import Bond Section, JNPT, Nhava Sheva, Mumbai Port under the custody of the Office of Customs, involving goods imported in the year 2017-2018. The estimated Liquidation Value is Rs. 14.46 Lakhs. 2)The Application in IA No. 3593/ND/2022 under Sections 43 read with Sections 45, 50 and 66 of the Insolvency and Bankruptcy Code, 2016 filed by the Resolution Professional before the Hon'ble NCLT, New Delhi against Ex-Management/Suspended Board of the Corporate Debtor for avoidance of preferential, undervalued, fraudulent and extortionate transactions. The said application is presently pending adjudication before the Hon'ble NCLT, New Delhi Bench VI and forms part of the Liquidation Estate of M/s Aventura Components Private Limited (Under Liquidation). The estimated Value of the Application Filed is Rs. 5887.00 Lakhs

Lot 3 - Aggregate of Lot 1 and Lot 2* (Lot 1 - Land admeasuring 2,573 Sq. mtr., Factory Building - Ground + 2 Floors having total Built-up area - 735.62 Sq. mtr., Workshop Structure - Built-up area – 695 Sq. mtr. Lot 2 - Machinery and Other Movable Assets)

Lot 2 - Machinery and Other Movable Assets

Lot 1 - Land admeasuring 2,573 Sq. mtr., Factory Building - Ground + 2 Floors having total Built-up area - 735.62 Sq. mtr., Workshop Structure - Built-up area – 695 Sq. mtr.

Lot -4 Inventories in the corporate office of the Corporate Debtor (Auction of Lot 3 and Lot 4 shall be held only if the auction of Lot 2 fails which comprises the collective sale of the assets forming part of Lot 3 and Lot 4.) (Auction Id: 3845)

Lot -3 All Plant & Machinery in the form of Office Equipment and Furniture & Fixtures (Auction of Lot 3 and Lot 4 shall be held only if the auction of Lot 2 fails which comprises the collective sale of the assets forming part of Lot 3 and Lot 4.) (Auction Id: 3837)

Lot -2 : All Plant & Machinery in the form of Office Equipment and Furniture & Fixtures along with Inventories (Auction Id: 3844)

Assignment of Not Readily Realisable Assets (“NRRA”) under the Insolvency and Bankruptcy Code, 2016 (“Code”) read with Regulation 37A of IBBI (Liquidation Process) Regulations, 2016 of "All that the Open Land in Survey. No 60/part, admeasuring 3630 Sq. Yards or equivalent to 3035.14 Sq. mtrs, Situated at JEEDIMETLA VILLAGE, Quthubullapur, Mandal and GHMC Circle, Medchal-Malkajgiri District, Hyderabad, Telangana." (1. The Corporate Debtor acquired the above asset on 19th February 2011. During the Liquidation Process, Endowments Department had filed objections before the Liquidator stating that the above asset is an endowed asset and is prohibited under section 22A of the Registration Act. The matter is pending before the Hon’ble Telangana Endowment Tribunal. (2. As per the decision of the Revenue Department Office, the land belongs to Hanuman Temple and a status Quo Order passed by the Hon’ble Telangana Endowment Tribunal vide order dated 17th March 2022 is in operation and the matter is pending before the endowments Tribunal. However, the possession is with the Liquidator. The intending bidders are advised to verify and examine the position before submitting their bids. (3. The asset is also subject to pending proceedings before National Company Law Appellate Tribunal arising from the order of the Hon’ble NCLT, Hyderabad Bench setting aside the previous assignment of the asset during the tenure of the earlier Liquidator.)

Lot - 1 : Flat No.1, Commercial portion of basement, Block-1, Garg Trade Centre, Community Centre, Sector-11, Rohini, North Delhi-110085 New Delhi having covered area 162.83 sq. mtrs. (Auction Id: 3834)

Sale of Assets of Corporate Debtor having Land & Building under the provisions and regulations of Insolvency and Bankruptcy Code, 2016 and under SARFAESI Act, 2002.

Land, Building, Plant & Machinery

Land and Building, Plant and Machinery and Residential Flat

commercial units and office equipments

Vehicles & Plant and Machinery

Vehicles & Plant and Machinery

Vehicles & Plant and Machinery