Coated (Chromo) Paper (Nap) Reels - 6020 Kg.


Item Id 798
Category Coated (Chromo) Paper (Nap) Reels - 6020 Kg.
Manufacture name Chandpur Enterprises Ltd.
Model name Coated (Chromo) Paper (Nap) Reels
Model number 2022
Production date 28-Apr-2022
Location Archana, Kolkata, West Bengal
Market Maker
Sound Invoice Value Rs. 121.00 / Kg
Quantity 6020 Kg
Sound Invoice Lot Value Rs. 7,28,420.00
Reserve Price Rs. 18.00 / Kg
Reserve Price Lot Value Rs. 1,08,360.00
Remaining Time
Ongoing Lot Bid Rs. 0.00
Current Bid Rs. 0.00 / Kg
Incremental Bid / Kg
Next Minimum Bid / Kg


Coated (Chromo) Paper (Nap) Reels-   32 Reels (6020 Kg.)
Special Conditions / Commercial Terms of this

(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 is Per Kg. basis exclusive of applicable
GST/ taxes

2.    Deposits
and Lifting: After depositing 100% advance payment within 2 days of Approval
H1 shall be allowed to start lifting and post to 100% payment shall be
allowed to clear the lot awarded to them. The seller has indicated that the
site can be cleared within a period of 10 to 15 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
For invoicing: GST certificates , Pan Card, Cancelled Cheque

7.    Information
on Taxes applicable: GST @ 12%

The materials offered are damaged goods under insurance claim
hence being offered for sale on “As is Where is”, “Whatever there is” 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.

Please note that the bidder's username (email) will be enabled
allowing the buyer to bid only if the above mentioned EMD and participation
form has been submitted within the stipulated time and written confirmation is

Emails are the preferred mode of communication. The buyers should
use the same email IDs registered by them for this E-Auction.

There is generally no guarantee for quality of offered goods
either by E-Auctioneer or by the seller, however it is the duty of the
seller to ensure the compliance
as per offer made by them for the quality
& specification to match with the offer made.

Lifting is to be made as per
instructions given by the Seller. Room having a smaller quantity of material is
to be lifted first, (IF so instructed by the Seller to MOA or E-Auctioneer or
H1 in writing). The H1 Buyer shall not be allowed to pick or choose or segregate
any particular item out of the lot sold by the seller at the time of delivery
of the lot. The H1 Buyer shall be bound to clear the entire lot as directed by
the seller on a clean sweep basis. 

Verbal or whatsapp communications/instructions should be avoided
by all the parties.

Participation Form information:

This form is called participation form and is a multi-party
contract between seller, buyer, MOA and E-Auctioneer. The seller after signing
NOC has agreed to the T&C of the participation form and consensus of MOA is
taken during finalisation of this form. The bidder has to sign and return
this form. If due to technical issues the bidder is allowed to participate
without signing the participation form, but he has deposited EMD, it is deemed
that they have agreed to the T&C of this E-Auction.

other additional terms and conditions, contracts, agreements, easements, etc.
entered between all or any stake holders (surveyors, insurers, insured, seller,
insurance brokers,and buyer) privately for various reasons / actions (like
delays, rent, “force majeure”, etc.) arising prior or subsequent to this
e-Auctionare not to be considered as part of this participation form. Any
disputes arising due to such private contracts should be dealt separately
without involving e-Auctioneer.

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

1.1.1.   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.

1.1.2.   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.

1.1.3.   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.

status of H1 bidder will be upgraded to H1 Buyer after receipt of 10% EMD and 50%
advance payment. He will be allowed lifting after depositing additional 50% of
the lot payment +EMD 10%      
If the H1 bidder fails to deposit minimum 50%
payment (apart from 10% EMD) of the final bid value, within 2 days 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.


1.1.5.   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.

Coated (Chromo) Paper (Nap) Reels - 6020 Kg. Coated (Chromo) Paper (Nap) Reels - 6020 Kg. Coated (Chromo) Paper (Nap) Reels - 6020 Kg. Coated (Chromo) Paper (Nap) Reels - 6020 Kg. Coated (Chromo) Paper (Nap) Reels - 6020 Kg.
Contact Salvage Manager about this items/lot.
Phone :Meenakshi Gupta -9625137014

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