On Monday 8th February 2010 Commencing at 11.00 am at the spot.

Description of Property Mortgaged by Mortgage Bond Nos. 1818, 1769, 1911, 567 and 573
All that divided and defined allotment of land marked Lot A in Plan No.1635 dated 05th February 2005 made by Chandra Seneviratne Licensed Surveyor of the land called Delgahawatta Siyambalagahawatta and Kahakotuwa situated at Polhena Ragama village in Ragama sub-office area in Ja-Ela Pradeshiya Sabha in Ragam Pattu, Aluthkuru Korale in the district of Gampaha Western Province.

Containing In Extent : A0:R0:P20 or Hectares 0.05058
Together with everything standing thereon and the right of way.

The Property Mortgaged To DFCC Bank By:
ROSS RAPHAEL PEREIRA of Ragama carrying on business in Proprietorship under the name, style and firm of 'ELIAKIM DISTRIBUTORS' has made default in payments due on Mortgage Bond No.1818 dated 8th September 2006 and No.1769 dated 27th April 2006 and No.1911 dated 9th March 2007 all attested by S M Gunaratne Notary Public and No.567 dated 23rd April 2007 attested by W A D V Wanasinghe Notary Public and No.573 dated 11th March 2008 attested by D S P Kodituwakku Notary Public.


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