Ductile Iron Spun Pipes-27.79 MT


Specification

Item Id 585
Category Ductile Iron Spun Pipes-27.79 MT
Manufacture name M/s Jindal Saw Ltd.
Model name Ductile Iron Spun Pipes-27.79 MT
Model number 2020
Production date 08-Oct-2020
Location Mundra, Mundra, Gujarat
Market Maker meenakshi@salvagemanagers.com
Sound Invoice Value Rs. 67,150.00 / MT
Quantity 27.79 MT
Sound Invoice Lot Value Rs. 18,66,098.50
Reserve Price Rs. 34,000.00 / MT
Reserve Price Lot Value Rs. 9,44,860.00
Remaining Time
Ongoing Lot Bid Rs. 0.00
Current Bid Rs. 0.00 / MT
Incremental Bid / MT
Next Minimum Bid / MT
Expired

Details

Ductile Spun Pipes 

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 BASIC AMOUNT ONLY” BASIS. ALL
APPLICABLE DUTIES, TAXES AND GST
 are excluding.



The sale of offered goods is per MT 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.

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Contact Salvage Manager about this items/lot.
Phone : Meenakshi - 9625137014
Email :meenakshi@salvagemanagers.com

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