Aluminium Scrap -681.62 Kg, _A/C Gokul Agri International Ltd.

Specification

Item Id	951
Category	Aluminium Scrap -681.62 Kg, _A/C Gokul Agri International Ltd.
Manufacture name	Insured-M/s Gokul Agri International Ltd
Model name	Aluminium Scrap -681.62 Kg,
Model number	2021
Production date	23-Oct-2022
Location	Bindu Sarovar Road, Mahesana, Gujarat
Market Maker	meenakshi@salvagemanagers.com
Sound Invoice Value	Rs. 450.00 / Kg
Quantity	681.62 Kg
Sound Invoice Lot Value	Rs. 3,06,729.00
Reserve Price	Rs. 100.00 / Kg
Reserve Price Lot Value	Rs. 68,162.00

Remaining Time

Ongoing Lot Bid	Rs. 0.00
Current Bid	Rs. 0.00 / Kg
Incremental Bid	/ Kg
Next Minimum Bid	/ Kg

Expired

Details

Short Text	Quantity	Order Unit	MOC	App. Weight (Kg)
VACCUM GAUGE -760 TO 0 MMHG 6"	4	EA	Aluminium	2
96X96 TEMP CONTROLLER	4	EA	Aluminium	1
PRESSURE GAUGE 0TO7 KG BAUMER 4" GF	4	EA	Aluminium	2
PRESSURE GAUGE 0TO10.6 KG 4" GF	1	EA	Aluminium	0.5
0TO10 BAR PRESSURE TARNSMITTER WIKA	1	EA	Aluminium	1
48X48 PID CONTROLLER FUJI PXFO	1	EA	Aluminium	0.5
MCB 63 AMP 4 POLE SCHNEIDER	3	EA	Aluminium	0.38
3 CORE WIRE	100	M	Aluminium	3
SINGLE POLE 6AMP SCHNEIDER	30	EA	Aluminium	0.8
2/2 SOV 1" VALVE WITH COIL 230VAC	3	EA	Aluminium	1
5/2 WAY NAMOUR SOV 1/4" 230 VAC	2	EA	Aluminium	1
TEMPRATURE GAUGE 0TO 150 C 6"	1	EA	Aluminium	0.6
DOUBLE POLE 6 AMP MCB	4	EA	Aluminium	0.64
PRSSURE GAUGE 0TO21 KG 4" GF	1	EA	Aluminium	0.2
INSULATION	1	EA	Aluminium	667

A.
Special
Conditions/Commercial Terms of this E-Auction:

(These conditions override or supplement general
T&C of this participation form)

Disposal
of the above material is being held on following special conditions specific to
this E-Auction:-

1.
Basis of sale: The sale
of offered goods for Per Kg. basis exclusive
of applicable GST/ taxes.

2.
Deposits and Lifting:
After depositing 100% advance payment within 3 working days H1 shall be
allowed to start lifting and clear the lot awarded to them. The seller has
indicated that the site can be cleared within a period of 5 to 7 working
days from the date of receipt of delivery order by H1. Any delay in doing
the same, H1 shall be liable to pay ground rent for the salvage quantity
uplifted and yet remaining at site. The rates charged would be Rs. 1000 per MT
per day.

3.
Incidental charges: All
charges incidental to loading and lifting of material will be borne by the H1
Buyer.

4.
Dynamic Time: The
eAuction shall automatically extend by 05 MINUTES in case someone enters
a bid in the last one minute of the remaining time in closure of auction. This
shall continue indefinitely until no one bids in the last one minute of the
time remaining. Bids in dynamic time can be placed by 50% of incremental bid
value.

5.
Participation/Facilitation
Fee = Rs. 100 + GST

6.
Information on
invoicing: GST certificate, canceled cheque, Pan card/Adhaar Card copy

7.
Information on Taxes
applicable: GST@18%

8. Additional information on usage of salvaged goods / Brand Clause
etc.: NA

A.
GENERAL TERMS AND CONDITIONS

1. The
materials offered are damaged goods under insurance claim hence being offered
for sale on “As is Where is Basis ”,“Whatever There is Basis, ” and “No complaint” basis. No complaints
whatsoever will be entertained after the bid is made. The bidder is deemed
to have inspected, examined reasonably and satisfied himself as to all matters
regarding condition, type, quality, and quantity. Rule of “Caveat Emptor”
applies strictly.

1. Earnest
Money Deposit ( EMD) Information:

1.1. EMD is always 10% of the final bid amount.
To facilitate participation of more buyers, we (E-Auctioneer and MOA) may allow
participation at a lower amount than mandatory 10%. However H1 is required to
complete EMD amount before lifting of material.

1.2. Interested
buyers must pre-qualifying themselves for participation in the above auction,
by paying a pre-bid amount / EMD of Rs. 70,000/-(Seventy
Thousand Only) by mode of RTGS to the following account along with this
E-Auction form duly filled & signed.

Adwiti
Technocrats Pvt. Ltd

Account
no. 916020025588082, IFSC Code: UTIB0004770

Axis
Bank Limited. Sector- 27, Noida, U.P.

1.3. The
pre-bid / EMD and eAuction form to be deposited in physical form or electronic
form (NEFT + scanned form of EMD) to the latest by previous day of e-Auction.

1.4. The EMD
will not attract any interest & will be dealt with as per the procedure
mentioned below:-

1.4.1. Wherever
EMD is held by us, we are responsible for the return release. Seller or MOA has
no role of EMD forfeiting/retention for H3 & below. EMD of H1 & H2 is
at discretion and instructions of the seller and MOA.

1.4.2. In case
of unsuccessful bidders, (H3 & Lower) EMD is refunded immediately after
adjusting the facilitation fee, but not later than 7-10 working days from the
completion of the E-Auction process subject to the terms and conditions
mentioned herein and at the website. EMD holder to ensure the compliance.

1.4.3. EMD of
the H2 bidder shall be normally retain for 10 days from the date of approval of
E-Auction. However please refer point no. 8.4.1 above.

8.4.4.1 The status of H1 bidder will be
upgraded/confirmed as H1 Buyer after receipt of 10% EMD and 50% advance payment
within 24 hours after he is declared H1 bidder. He will be allowed lifting
after depositing 100% payment +EMD 10% that too within 3 days.

8.4.4.2 If the H1 bidder fails to deposit minimum
50% payment (apart from 10% EMD) of the
final bid value, within 24 hours after he is declared H1 bidder, his EMD
will be forfeited and H2 bidder will be upgraded to status of H1 and has to
honour the deal at the H2 bid value with privileges and penalties of H1 bidder.

1.4.4. The EMD
of H1 bidder will be adjusted once the complete payment is received by the
seller and also complete material is lifted by H1 bidder. Also
adjustment will be done for fee and expenses against EMD if the seller or MOA
has not paid for the same.

1.4.5. In case
of “Buyer’s Non-performance” the EMD may still be forfeited. Opportunity may be
given to H2.

1.4.6. In case
“Seller’s Non-performance” the E-Auction may be canceled with total cost to be
recovered from seller. MOA to decide the course of action.

1.4.7. “Non-performance”
may be encountered wherever T&C of this document and seller NOC are
breached. The E-Auctioneer may decide on such cases under consultation of MOA.
Some example scenarios are as under:

Contact Salvage Manager about this items/lot.
Phone :	Meenakshi Gupta- 9625137014
Email :	meenakshi@salvagemanagers.com