On Tuesday, 16th March 2010 Commencing at 11.00 a.m. at the spot.

The Property Mortgaged To DFCC Vardhana Bank Limited By:
CAP'S APPARELS (PRIVATE) LIMITED a Company duly incorporated in the Democratic Socialist Republic of Sri Lanka under the Companies Act No.17 of 1982 and having its registered office in Kurunegala bearing Registration No. N (PVS) 33612 (hereinafter referred to as 'the Company') has made default in payments due on Mortgage Bond No. 4635 dated 08/07/2008 attested by A W Gunawardhane Notary Public of Kurunegala

Description of Property Mortgaged by Mortgage Bond No. 4635
All that divided and defined allotment of land called "Parabebila Estate" marked as Lot 08 depicted in Plan No.130/95 dated 31.07.1995 made by W C S M Abeysekara Licensed Surveyor situated at Parabebila in Udapola Medalassa Korale of Dambadeni Hatpattu in the District of Kurunegala, North Western Province.

Containing In Extent: A0 : R0 : P15
Together with trees, plantations and the buildings standing thereon together with the right to use and maintain the common rights of way


The successful purchaser will have to pay the following amounts in cash at the fall of the hammer.

1. 10% (Ten Percent) of the Purchased Price.
2. 1% (One Percent) of the sales Taxes payable to the Local Authority.
3. Auctioneer's Commission of 2 1/2 % (Two and a half percent only)
4. Total cost of advertising Rs. 34,000.00
5. Clerk's & Crier's Fee of Rs.500.00
6. Notary's Fee for condition of Sale Rs. 2000.00

The balance 90% of the purchased price together with any other statutory levies, duties, taxes or charges whenever applicable and imposed by the Government of Sri Lanka or any other authority to be payable within 30 days from the date of sale.


For further particulars please contact the Legal Department of DFCC Bank on Tel: 011- 2440366/77