Cotton waste, WIP & Finished cotton yarn


Specification

Item Id 660
Category Cotton waste, WIP & Finished cotton yarn
Manufacture name M/s Gupta Textile
Model name ...
Model number ..
Production date 06-Feb-2021
Location Panipat G T Road, Karnal, Haryana
Market Maker sidharth.nigam@salvagemanagers.com
Sound Invoice Value Rs. 1,00,00,000.00 / LOT
Quantity 1 LOT
Sound Invoice Lot Value Rs. 1,00,00,000.00
Reserve Price Rs. 1,00,000.00 / LOT
Reserve Price Lot Value Rs. 1,00,000.00
Click here to know about Expected Salvage PriceShow Price

Details

Cotton waste, WIP & Finished cotton yarn

THE
RATE FOR PURCHASE OF OFFERED GOODS IS TO BE SUBMITTED ON “Total Amount (BASIC+GST) –
ALL INSCLUSIVE” BASIS.



The sale of offered goods is
on Lot basis
Salvage managers do not take any
responsibility for quantity
. Buyers are requested to visit the
damage site before participating in eAuction and bid as per your own
experience.



DYNAMIC TIME:
The eAuction 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.



Admin charges Rs. 100 + GST
from each buyer are payable which will be adjusted in the refund made to
buyers. 



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.



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



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 eAuction and may be asked to honor 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 eAuctioning.  

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Documents
Contact Salvage Manager about this items/lot.
Phone :Mr. Mohit - 7988819858
Email :sidharth.nigam@salvagemanagers.com

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