“Aspet Resin- 4250 Kgs

Specification

Item Id	557
Category	“Aspet Resin- 4250 Kgs
Manufacture name	IVL Dhunseri Petrochem Industries Pvt. Ltd
Model name	19C & 21C
Model number	19C & 21C
Production date	23-Jun-2020
Location	Silvasa, Silvasa, Dadra +ACY- Nagar Haveli
Market Maker	sidharth.nigam@salvagemanagers.com
Sound Invoice Value	Rs. 73.00 / Kg
Quantity	4250 Kg
Sound Invoice Lot Value	Rs. 3,10,250.00
Reserve Price	Rs. 35.00 / Kg
Reserve Price Lot Value	Rs. 1,48,750.00

Remaining Time

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

Expired

Details

Consignee	Location	Bag No.	Qty	Grade
M/s Rajkot Chemical	Rajkot	2 Nos	2050 Kgs	1 Bag (19C) & 1 Bag (21C)
M/s GR Pet	Silvassa	2 Nos	2200 Kgs	2 Bag (21C)

Term & Condition
of e-Auction for Seller :

The recovery
comes through portal/e-Auction is including salvage disposal Expenses (
Professional fee + Advertisement Expenses ).Final Rate/payment details will be
announce by us after eAuction in e-Auction result. This Value will be
applicable for salvage payment only.

Term & Condition of e-Auction for Buyer:

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:-

THE RATE FOR
PURCHASE OF OFFERED GOODS IS TO BE SUBMITTED ON TOTAL AMOUNT ONLY”
BASIS. ALL APPLICABLE DUTIES, TAXES AND GST are including.

The sale of
offered goods is per KG basis.

DYNAMIC TIME:
The e-Auction 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 will be placed by 50% of
incremental bid value.

The Auctioneer reserves the right to reject any bid without assigning any
reason to the bidder. Auctioneer’s reserves the right to restart the
e-Auction at any stage.

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

After
depositing 100% payment, the Purchaser shall start lifting and clear the lot
awarded to him from the site within a period of 10 working days. Failing of
doing so your EMD will be forfeited.

The EMD of highest bidder/H1 will be refunded once the complete payment is
received by insured/seller and complete material is lifted by highest bidder/H1
buyer.

EMD of the 2nd highest bidder shall be retained for 10 days from the date of
approval of e-Auction and may be asked to honour the deal at the
second highest bid within the aforesaid period of 3 days.

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 www.salvagemanagers.com 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.

Contact Salvage Manager about this items/lot.
Phone :	Mr. Mehul
Email :	sidharth.nigam@salvagemanagers.com