Notice Inviting Private Sale of Seized Properties

NOTICE INVITING PPRIVATE SALE OF SEIZED PROPERTIES

The Royal Insurance Corporation of Bhutan Limited is announcing a private sale of the seized properties. Interested parties are invited to submit the application for the following properties on “AS IS WHERE IS BASIS”.

SN	Type of Property	Area (dec.)	Thram No/ Model year	Plot No/ Condition	Location	Rural/ Urban/ Vehicle No.	Floor Price
1	Land (Orchard)	85	356	NOR-5209	Norbugang Pemagatshel	Rural	622,000.00
2	Bull Smart	–	2018	Running	Gelephu, Sarpang	BP-2-A0230	963,000.00
3	Rock Breaker	–	2017	–	Dagapella, Dagana	–	409,000.00

1. Interested parties are requested to submit your application to any of the RICB Branch Offices addressed to:

The Chairman,

Auction Committee

RICB, Thimphu.

• The application should be accompanied by CID number and contact details.

3. Last date for submission of application is on July 20, 2026 on or before 5:00 PM.

For more details on the properties or bidding process, please contact Mr. Thukjey Nidup at 17361938 or Mr. Rinzin Namgay at 17772186