Notice of Sale Under Section 9 Of The Recovery Of Loans By Banks (Special Provisions) Act. No 4 Of 1990


(Formerly known as DFCC Bank)




    Description of the Property Mortgaged By Mortgage Bond No.320
    All that divided and defined allotment of land marked Lot 3 depicted in Plan No. 1359 dated 29th August 1985 made by M. Samaranayake, Licensed Surveyor of the land called Kalalgodalanda and Kekunugahawatta situated at Kalalgoda in the Grama Niladari Division of Kalalgoda and in the Divisional Secretariat Division of Maharagama within the Pradeshiya Sabha Limits of Homagama in Palle Pattu of Hewagama Korale in the District of Colombo Western Province.

Containing In Extent: A0-R00-P21.6

Together with the building and everything else standing thereon.

The Property Mortgaged To DFCC Bank PLC By:
TISSA BANDARA ADIKARAM of BATTARAMULLA carrying on business under the name style and firm of TISSA SUPPLIERS TRANSPORTERS AND CONTRACTORS at BATTARAMULLA has made default in payments due on Mortgaged Bond No. 320 dated 01/02/2017 attested by D.M.H. Wickrama , Notary Public of Colombo in favour of the DFCC BANK PLC (successor to DFCC Vardhana Bank PLC).

Under the Authority Granted to Us by DFCC Bank PLC

We Shall Sell By


On Tuesday 18th December 2018

Commencing at 11.00 a.m. at the spot

Mode of Payment

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 ½ % (Two and a half percent only) on the purchased price plus applicable taxes on the commission.
  4. Total cost of advertising Rs.100,000.00
  5. Clerk’s & Crier’s Fee of Rs.1,000.00
  6. Notary’s Fee for condition of Sale Rs.2,000.00

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 PLC on Tel: 011- 2371371

*The bank has the right to stay / cancel the above auction sale without prior notice.

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