Sale Notice in the Matter of M/s. Timber World Resorts Plantation India Limited.

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1. A IN THE HIGH COURT OF DELHI–A–T-Ntw–MAl Asgis (ORIGINAL COMPANY JURISDICTION) of Se c. p. No. 153/1999 Admil

IN THE MATER OF:

J maria i Mrs TIMBER WORLD RESORTS AND PLANTATION (INDIA) LIMITED (IN LIQN.) i 2. Be! E-AUCTION„ SALE NOTICE The al Tenders/ads are Invited for E.auctjon of the followIng assets and properties of the company (in Lip) on “As is Where is Whatever then is basIs” from the prosp8ctive buyers. The details of prescl

Reserve Price and EMD are as under: 3. The mo ms ar me EMD 10% e PrIce 4, APr websit

it :In Rs ir, 15.10.1 D: ir, (i) Area of Land-3.64 Survey no./Khata No./G AT no. 62,96.000 6,29,600 DIP/Sha ck Hect (8.994 Acres) 7 & 8, Mouza, Pandharpur. as Grampanchayat, Mauli ItS (Jahangir) Tah. & Distt 26 Amaravati (Maharashtra) te, NO. SB/St

(ii) Area . Of Land Khata 424 41 ,23.200/. the 10.43 Hectares Mouza Morshi (25.77 Acres) Amaravatt ROad, Pargana E-tondor a lrty Bhopal on Karajgaon, (,,rampanchayat ggblnhi£! Davargaon, Tah. & Distt Amaravati (Maharashtra) HQ rlhi 123 20,75,000/- 1 2,07,500/. Ima( i:i§ij@## SoRi

1. Inspection of the above assets/properties will be held on 26,10.2026 and l Cost c

27.10.2026 between 11.00 A.M to 6.00 P.M. arty c( nlogel E 2. The o-auction will be conducted through the website hQdGQglcell@m$tcindig.In, 2 ToIIdet GmelmsIQ©m$tQjndielin1 dem$tG©m$tGlndia ljn on 06.11.2026 between 11.00 gov.b A.M. to 04.00 PM. with auto time extension of 10 minutes each time if the bid is 3. Bids st made in the Last 10 minutes'before the close of e-auction.

4 lale. 3. The bidders/tendorers should submit their online Qffor through the website IU n hQgQQ81Sel,l@m$tGQ)diPqjnIQmdln$teen$tGln€jl,ellnldfm9tQ@m$tgindio•jrl. FTa ur In CBlue 4. The tender8rs should collect the detail informatIon, terms & condition through FiI RaBR 'a in the website hQdGQRIGell@m9telndla llnl 9tl E an mgallrdlaJn. tv

5. The EMD amount (interest free) should be deposIted through tho' modes available nV as on the portal. The last date of request and participation in 8Auction and online as submission of EMD is 03.11.2026 at 5.00 nM. MFFiFa on This sale is subject to confirmation by the Hon’He High Court of Delhi.

Inte (MONIKA GUPtA) be OFFICIAL LIQUIDATOR HIGH COURT OF DELHI After

PLACE: NEW DELHI 8TH FLOOR, LOK NAYAK BHAWAN, openIng KHAN MARKET, NEW DELHI-1 10003 CBC 07104/1 1/0003/2627 PHONE: 24693315 G.20235/26 U nti Lation IH) D( THE HIGH COURT OF DELHI AT NEW DELHI (ORIGINAL COMPANY JURISDICTION) C. P. NO. 153/1999

IN THE MATTER OF:

M/s Ti&mER WORLD RESORTS AND PLANTATION (INDIA) LIMITED (IN LIQN.) E-AUCTION SALE NOTICE Tenders/bids are invited for E-auction of the following assets and properties of the company (in Liqn) on “As is Where is Whatever there is basis” from the prospective buyers. The details of

Reserve Price and EMD are as under:

S.No 1A ssets 1L ocation Reserve Price I EMD 10% (in Rs) e Lot- 1 A. Land 1 62,96,000 6,29,600

(1) Survey no./Khata NO.

Area of Land- /GAT no. 7 & 8, Mouza,

3.64 Pandharpur, Hed(8.994 Grampanchayat, Acres ) Mauli(Jahangir) Tah. & Distt.

Amaravati(Maharashtra) Lot-2 Khata NO. /GAT no. 424,

(ii) Area of Mouza, Davargaon, Morshi Land -10.43 Amaravati Road, Pargana 4, 12,32,000/- 41 ,23,200/- Hectares Karajgaon, Grampanchayat (25.77 Acres) Davargaon, Tah. & Distt Amaravati(Maharashtra) Lot-3 Teak Tree -do- 1 20,75,000/-, 2,07,500/-

1. Inspection of the above assets/ properties will be held on 26/10/2026 and 27/10/2026 between 11 :00 A.M to 5:00 P.M.

2. The e-auction will be conducted through the website hodcoalcell@mstcindia.in, cmdmstc(dmstcindia.in: dcmstc@mstcindia.in. on 06/1 1/2026 .between 11 :00 A.M. to 04:00 p.M. with auto time extension of 10 minutes each time if the bid is made in the Last 10 minutes before the close of e-auction.

3 The bidders/tenderers should submit their online offer through the website hodcoalcell@mstcindia.in, cmdmstc@mstcindia.in: dcmstc@mstcindia.in./ + + 6

4. The tenderers should collect the detail information, terms & condition through the website hodcoalcell(g}mstcindia.in, cmdmstc(g),mstcindia.in: dcmstc@mstcindia.in. .

5. The EMD amount (interest free) should be deposited through the modes available on the portal.

The last date of request and participation in eAuction and online submission of EMD is 03/1 1/2026 at 5.00 P.M.

6. This sale is subject to confirmation by the Hon’ble High Court of Delhi.

Law

DATE : 2026 (MONIKA GUPTA)

PLACE: NEW DELHI OFFICIAL LIQUIDATOR HIGH COURT OF DELHI 8TH FLOOR, LOK NAYAK BHAWAN, KHAN MARKET NEW DELHI-110003, PHONE: 24693315 eTERMS & CONDITIONS OF SALE ON AS IS WHERE IS WHATEVER THERE IS BASIS’ ' IN THE MATTER OF TIMBER WORLD RESORTS & PLANTATION INDIA LIMITED LTD. (IN LIQN.) COMPANY PETITION NO. 153/1999

Preliminary: The Hon'ble High Court of Delhi has permitted the Official Liquidator to sell the Scheduled property/ies by inviting 1 competitive bids through e-Auction to be conducted by selling agent namely MS TC LIMITED. website:

https :/www.mstcecommerce.com and www.mstcindia.co.in e Unless the context otherwise requires under the “Terms and Conditions of the e- auction Sale” the following words wherever appear means : described in the Sale Notice/Schedule- 1 .

d person being an Individual or Proprietor or Partnership firm or LLP or company and who is paying the Earnest Money Deposit (“EMD”) and getting registered with MSTC .

Bidder(s)/Purchaser(s) while being used interchangeably, shall be deemed to mean and include his/her/ their/its legal heirs, legal representatives, successors in interest and permitted assignee, as the case may be.

1 ’ and /or “Pre-Bid EMD” to be paid as described in the e-Auction catalogue to qualify for participation in e-auction. r {on'b Ie High Court of Delhi”. c ice Provider/ Selling Agent”.2.6 “Sale Notice” means the Auction Sale Notice published in the News Papers and shall also include other information i.e., “Terms and Conditions of Sale” governing the e-auction sale, Know Your Customers (KYC) documents, required particulars for On}inc Registration of Bidders, and all other

information and document hosted on webpage:

https:/www.mstcecommerce.com and www.mstcindia.co.in for guidance of the Bidders.

2.7 e tached to the :on’ble High Court of Delhi.

2.8 “The person(s)” means and includes legal person” interested in submitting quotations/offers.

3 Inspection of Property o on of the scheduled property/ies on the scheduled dates and time only as given in the sale notice.

4 Buyer beware

4.1 Assets (Flat) is being sold on “As is where is whatever there is basis”. Bidders are advised to ascertain on their own all information about the nature of right and title, survey/Nlunicipal/Corporation/Industrial nat Nos. and respective maps, extent/area of Land, boundaries, statutory sanctions or approval and all other dues ’statutory/other’ with respect to immovable property prior to submission of bid in the e-Auction. No dispute in this regard will be entertained by the Seller/Selling Agent after submission of bids. The Bidder will not raise any dispute regarding the terms and conditions of the e-auction or about the particulars of the scheduled property or contest the same once he has been declared as the successful Bidder.offer/bid submitted in other mode shall not be entertaihed.

( istration formalities with MSTC before payment of the interest free EMD/pre- bid amount on or before one day prior to scheduled date and time as prescribed3n Schedule 2. e nply with KYC norms.

All financial transaction towards e-auction sale of scheduled property must be made only through the bank account (registered with MSTC Ltd) in respect of which the cancelled cheque has been given by the authorized and identified Bidder.

7 e-Auction

7.1 e-Auction Result/Status: Status of bids must be personally seen by the Bidders online through the link Auction Lot " Status’' immediately after closing of e-Auction. Highest Bid is subject to approval of Hon’ble High Court and thereby securing the status of highest bidder confers no right so as to demand the automatic confirmation of sale in favour of highest bidder.

7.2 Email Address of Bidders must always be kept valid, failing which Bidders will be liable for non-compliance of payment or any other instruction required to be issued by MSTC to them via email

7.3 The Sale will be governed by the Material List i.e. guidelines for online registration of intending bidders and all other infonnation/ documents hosted on webpage for guidance of intending bidders and pertaining to the e-auction sale & “Terms & Conditions” (hereafter referred as TC for brevity) displayed on the "Live e-Auction Floor". The Material List & TC displayed under ’'View Forthcoming Auctiorls'’ on XZISTC e-Auction Website are tentative and subject to change at Seller’s/ MSTC sole discretion before the start of e-Auction. Bidders should therefore download the Material List and TC displayed only under ’'View LiveAuctions’' for their record purpose, if required. Participation in the e- Auction will be deemed to imply that the Bidders have made themselves thoroughly aware of and accepted the TC, and Material List. Seller /MSTC shall have the right to issue addendum to the TC or Material List to clarify, amend, modify, supplement or delete any of the conditions, clauses or items stated therein and the Addendum so issued shall form a part of the original TC. In this regard, the prospective bidders are advised to keep a close watch on the MSTC website to take notice of such addendum/s if any.

During Live Auction, only brief Lot details will be shown under '’Lot Name’' on the ’' Auction Floor" where Bidders are required to bid. The detailed "Lot Description" can be seen by the Bidders by c}icking on the "Lot Name" and it shall be the responsibility of the Bidders to see the "Lot Description" before bidding and no representation/complaint from the Bidders in this regard will be entertained by MSTC /Seller.

It will be the Bidder's responsibility to personally see the result of e- Auction by seeing and downloading the Auction " Lot Status" from the Website immediately after Closure of e-Auction which will be displayed up to 6(Six) days from the date of Closure of e-Auction (excluding the date of closure of e-Auction). A system generated automatic Sale Intimation Letter will be issued by e-mail to the Highest Bidder once the highest bid or any other bid is accepted by the Hon’ble High Court. Bidders must therefore keep a watch on their User ID7.6 1T he Bidders shall be solely responsible for all consequences arising out of the bid submitted by him (including any wrongful bidding by him) and no complaint/representation will be entertained by SELLER/MSTC in this regard.

Bidders must be careful to check the Bid Amount/No. of ' 0’/No. of Digits, etc., and if required, rectify their bid before submitting the Bid into the live e-Auction floor by clicking the 'Bid’ Button. In case of any bid being equal to or more than 5 (five) times the current Highest Bid for the Lot, this will be displayed by way of a WARNING MESSAGE on the Bidder’s screen before he confirms/submits the bid.

There is no provision for putting Bids in decimals 8 Acceptance of the highest (H-1) bid c s subject to approval/ confirmation by the Hon’ble High Court and securing the status of highest Bidder, confers no right, so as to demand the automatic confirmation of sale in his / her favour.

1 a report along with the e-auction result before the Hon’ble High Court soon after conclusion of e-auction for approval of sale in favour of highest Bidder. The Hon’ble Court may approve the highest bid considering the adequacy of price in light of the valuation report, and other relevant facts as may be deemed fit and proper by the Court. The sale shall stand confirmed only after payment of the entire bid amount as approved by the Court and Goods and Service Tax (GST) as may be applicable over and above the bid amount. Upon approval of highest bid, the highest Bidder will be informed about the same by MSTC Ltd via online system.

r igh Court, MSTC Ltd will transfer the amount of ENID to the account of the Official Liquidator, Delhi by a demand draft/pay order in favour of “Official Liquidator, Delhi” payable at New Delhi forthwith8.4 12 5% of the bid amount to be deposited to OL Delhi by the successful bidder within 7 days from the date of acceptance of H 1 bid failing which the Pre-Bid EMD/EMD shall be forfeited.

The buyer may adjust the Pre-Bid EMD/EMD with the Security deposit (SD). e ave to be paid by the successful Bidder to the Official Liquidator, Delhi within 60 days of acceptance of Hl bid.

I o assign their right to buy the scheduled property to any third party or nominate any third party, once they are declared to be the successful Bidder. In other words, the Sale will be made only to the successful Bidder and not to any third party.

9 Forfeiture of EMD, etc.

I mount/money lying with MSTC/Seller from the successful Bidder who defaults in making the due payments against the e-Auction even though such amount/money may be lying with Seller/MSTC and payable to the said Bidder against any other contract/transaction.

1 nd final bid amount along with GST as may be applicable, within the time prescribed in Schedule No. 2, failing which the EMD amount remitted will stand forfeited and will be credited to the Account of the Official Liquidator, Delhi by MSTC LIMITED.

10 Delivery of Possession & Confirmation of Sale 1 e handed over to the successful purchaser/Bidder vide “Possession Memo” upon payment of full and final sale consideration 1 ain in every respect at the entire risk of the BUYER from the date of issue of "Possession Memo" by the SELLER.10.3 1D elivery of the scheduled assets ( Flat ) as covered in this e- auction will be made on 'fAs is Where is Whatever There is” basis 11 GST, etc.

I GST as may be applicable, over and above the approved bid amount.

12 General

12.1 The sale will be subject to further modification/alteration of terms and conditions of sale as the Hon’bIc High Court may deem fit and proper.

12.2 The Hon’ble High Court reserves the right to withdraw the sale and decline to accept any offer including the highest offer without assigning any reason thereof. The sale will be confirmed by the Hon’ble High Court only after the entire sale consideration has been deposited by the successful bidders.

12.3 No court other than the Hon’ble High Court of Delhi will have the jurisdiction to deal with any matter arising out of the sale proceedings.

12.4 The instant Sale Notice shall stand as public notice and notice to secured creditor/s, petitioner/s, contributories and any other stakeholder in the company. Any kind of objection with respect to subject matter of sale must be brought to the notice of the Hon’ble Court before acceptance of bid.

No obiection of any kind shall be entertained thereafter.

12.5 All contracts/transactions entered into by the buyer/Bidder arising out of this e-auction shall be governed by the

veracity pact available on website: www.mstcecommerce.com and www.mstcindia.co.in

12.6 The information in respect of the assets ( Flat ) have been stated to the best of the knowledge from the available records. The ' Seller/MSTC, however, shall not be responsible for any error, misstatement or omission in the said particulars. The Bidders are, therefore, requested to verify the same, in their own individual interests beforesubmitting the Bids SCHEDULE NO.-2 Events of e-Auction:- mv o N'o r a Bidder’s Online request.

mFecqaan-aiigaM .U As per Sale Notice/Schedule- 1. pro-perties fEMnnrEMD Fe:BT £fp–dmdm?TgdfeIRa6 RbT®D6f)MR j@dh–HFajiMar iq3ilipogi(e with the OL Delhi bv the suc*cessful bidder within 7 dpyq jran the. date .o- acceDtance of Hl bid failing which th Pre-Bid EMD/EMD shall Be forfeitel by the Seller. The buyer pay a(gust t.hI Pte-Bid EMD/EMD -with the Securit deDOsit (SD ;sirTtTrce]i@itl–Vali CR)rTrTglKra7St&WeT Notice/Schedule- 1 .

mEfifaa3F63TiBiaamMI)orG r EMD and all other 'ayments.

Mode of payments to OL, TenBhWIMrPeRrawniq$.

Delhi for security deposit & Bid amount. payable at New Delii.:1 HaUlfIFeToTimEiFitiomaTE online payment of EMD eM ) Schedulea

06.11.2026 10 6.11.2026 of opening and closing of e-Auction for each Lot at 1 1.00 AM ! at 5.00 PM m T TyFlmum–BmlcremerF Bo e r Immediately after completion of e- Auction on website by service the position of the H- 1 provider i.e. MSTC LIMITED.Bidder (highest bidder) r Successful/ HI bidder has to pay Rs. ........... /- per item/auction + Processing Fee Applicable GST, through the e- Payment Gateway/ DDs Full and final Payment of 60 ns from the date of receipt of Bid amount by successful communication regarding approval of Bidder H- 1 Bid by Hon’ble High Court.

He na–MEIVl#) o: Intimated later after auction unsuccessful Bidders ;ompletion e Upon payment of full and final sale of the property. consideration. x Upon payment of full and final sale deed/deed of assignment consideration and confirmation of sale by the Hon’ble Hjgh Court [7 fcUr tFanrdaToTIYeIFr:

o df jT£i6V31fBT;'Tff:i4&'933 94. loffice of Official ,iquidator for inspection lof scheduled property/ies Contact Person in the Pushkar Hajela – 8277567732, 9611976011 office of h/ISTC Ltd for any query regarding online registration or for bidding etc.,