On Thursday 26th January 2012 Commencing at 11.00 a. m. at the spot.

The Property Mortgaged To DFCC Bank By:
DAN COOL BLUE (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 Colombo (hereinafter referred to as 'the Company') has made default in payments due on Mortgage Bond No.809 dated 24/08/2000 and Mortgage Bond No.1117 dated 28/11/2002 both attested by S Walatara Notary Public of Colombo.

Description of Property Mortgaged by Mortgage Bond Nos. 809 and 1117
All that divided and defined allotment of land marked Lot 1B depicted in Plan No. 136 dated 12/05/1998 made by K A Perera Licensed Surveyor of the land called Madangahawatta and Kongahawatta bearing Assessment No. 2, School Avenue situated in the Village of Kalubowila in Ward No. 5, Hathbodi Watte within the Municipal Council Limits of Dehiwela–Mt Lavinia in Pallepattu of Salpiti Korale in the District of Colombo Western Province.

Containing In Extent: A0:R0:P6.70
Together with everything standing thereon


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
4. Total cost of advertising Rs. 59,000.00
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- 2442442
*The bank has the right to stay / cancel the above auction sale without prior notice