Page 196 - RK SURJIT ADV LAND SEARCH REPORT MGT MOTORS

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IMPHAL.795OOI

ADVOCATE (MANIPUR)

41 Whether the Bank will be able to Yes
enforce SARFESI Act, if required
against the property offered as
security?
Property is SARFAESI compliant YES
(Y/N)
42 ln case of absence of original title Original Title Deed
deeds, details of legal and other
requirements for creation of a proper,
valid and enforceable mortgage by
deposit of certified extracts duly
certified etc., as also any precaution
to be taken by the Bank in this
regard.
43, Whether the governing lawl Not applicable
constitutional documents of the
mortgagor (other than natural
persons) permits creation of
mortgage and additional precautions,
if any to be taken in such cases.
44 Additional aspects relevant for No additional aspect
investigation of title as per local laws.
45 Additional suggestions, if any to It is advisable to make lien noting
safeguard the interest of before disbursement of the sanction

BanUensuring the perfection of amount.
security.

46 The specific persons who are MGT Motors Private Limited its
required to create mortgage/to represented by Shri Kulwant Singh
deposlt document creating mortgage. Cheema, son of late Bakhtawar Singh
Cheema, resident of Mahatma Gandhi
Avenue, lmphal West District,
Manipur.
47 Whether the Real Estate Project No
comes under Real
Estate(Reg u lation and
Development) Act,201 6?Y/N.
Whether the project is registered Not applcable
with the Real Estate Regulatory
Authority? lf so, the details of such
registration are to be furnished,

22

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