Cotton Roving - 29.356 MT


Specification

Item Id 532
Category Cotton Roving - 29.356 MT
Manufacture name Nandam Denims Ltd.
Model name Cotton Roving
Model number 2019-20
Production date 23-Nov-2019
Location Kheda, Kheda, Gujarat
Market Maker mf.islam@salvagemanagers.com
Sound Invoice Value Rs. 35,760.00 / MT
Quantity 29.356 MT
Sound Invoice Lot Value Rs. 10,49,770.56
Reserve Price Rs. 17,000.00 / MT
Reserve Price Lot Value Rs. 4,99,052.00
Remaining Time
Ongoing Lot Bid Rs. 0.00
Current Bid Rs. 0.00 / MT
Incremental Bid / MT
Next Minimum Bid / MT
Expired

Details

Cotton Roving 28483 Kgs

Cotton Waste 163 Kgs

Viscose Waste 40 Kgs

Lycra waste 670 Kgs

Total Quantity 29356 Kgs

 



Term &
Condition of e-Auction:



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 MT basis. 



DYNAMIC TIME:
The e-Auction shall automatically extend by 10 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
thee-Auction at any stage.



The Purchaser
should remit 50% advance payment within 3 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.

Cotton  Roving - 29.356 MT Cotton  Roving - 29.356 MT Cotton  Roving - 29.356 MT Cotton  Roving - 29.356 MT Cotton  Roving - 29.356 MT Cotton  Roving - 29.356 MT Cotton  Roving - 29.356 MT Cotton  Roving - 29.356 MT
Contact Salvage Manager about this items/lot.
Phone :Mr. Fanindraraj Kukkarni - 97278 70047
Email :m.nigam@salvagemanagers.com

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