Fire Damaged Aluminum Foil-7680 Kg. at New Delhi


Item Id 688
Category Fire Damaged Aluminum Foil-7680 Kg. at New Delhi
Manufacture name M/s. Stripak
Model name Aluminum Foil (Polycoated & Chemical Coated; Width vary from 0.7 inch to 2.10 ft.)
Model number 2021
Production date 16-Jun-2020
Location Badli, New Delhi, Delhi
Market Maker
Sound Invoice Value Rs. 180.00 / Kg
Quantity 7680 Kg
Sound Invoice Lot Value Rs. 13,82,400.00
Reserve Price Rs. 25.00 / Kg
Reserve Price Lot Value Rs. 1,92,000.00
Remaining Time
Ongoing Lot Bid Rs. 0.00
Current Bid Rs. 0.00 / Kg
Incremental Bid / Kg
Next Minimum Bid / Kg


Material Description– Aluminum Foil (Polycoated & Chemical Coated; Width vary from 0.7 inch to 2.10 ft.)


Disposal of the above material is being sold on‘ As
Is Where Is’, ‘Whatever There Is’ and ‘No Complaint’ basis subject to the
following condition:-

TAXES AND GST@18% are included.

The sale of offered goods is per kg basis. 

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 the 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.

The Purchaser (H1/H2) should remit 100% advance payment
within 3-5 working days of receipt of bank details/allotment order, from
the insured/seller/auctioneer, failing which their EMD will be forfeited.

The Purchaser shall start lifting post to 100%
advance payment, he shall be allowed to clear the lot awarded to him from
the site within a period of 10 working days from the date of receipt
of delivery order by him, failing which he have to pay ground
rent for the salvageable quantity a per sellers T&C or minimum of Rs.
2,000/-day or Rs 1000/-MT for space occupied by salvage material quantity.

The Auctioneer reserves the right to reject any bid
without assigning any reason to the bidder

The earnest money deposit will not attract any
interest & dealt with as per the Procedure mentioned below:-

.  In case of unsuccessful bidders, (H3 &
Lower) EMD is refunded immediately after adjusting facilitation fee of Rs. 100+GST
but not later than 7 working days from the completion of eAuction process
subject to the terms and conditions mentioned herein and at the website.

• EMD of the H2 bidder shall be retained for
10 days from the date of approval of eAuction. If the H1
bidder failed to deposit payment within 3-5 days his EMD will be
forfeited and H2 bidder has to honor the deal at the H2 bid
value within the aforesaid period of 3 days. Failing to which his EMD too will
be forfeited.

• The EMD of H1 will be adjusted once the
complete payment is received by insured/seller and also complete material
is lifted by the H1 bidder. Also adjustment will be done for fee and

• Since EMD is held by auctioneer.
They are responsible for the return release as well. Surveyor, Insurer or
Insured has no role of EMD forfeiting/retention for H3 & below. EMD of H1
& H2 is at the seller's description.


The material shall be sold on “AS IS WHERE IS’ and
"AS IS WHAT IS" 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.

The Salvage Managers or the associated Loss Adjusters or Underwriters,
being only the facilitators for disposal of salvage, have no knowledge about
the specific trade requirements and shall bear no responsibility of any kind,
in this regard of whatsoever nature.

The website is maintained by external agency at external
servers. Any problem while bidding or technological glitches/problems may occur
accidentally and such problems will be dealt in order to complete the entire
process smoothly. The surveyor’s decision in this regard will be final as they
have appointed us to bring transparency in the system by e-Auctioning.


Fire Damaged Aluminum Foil-7680 Kg. at New Delhi
Contact Salvage Manager about this items/lot.
Phone :Meenakshi Gupta- 9625137014

More product