Ductile Spun pipes - 93 Nos( 31.067 MT)


Specification

Item Id 523
Category Ductile Spun pipes - 93 Nos( 31.067 MT)
Manufacture name M/s Jindal Saw Ltd
Model name Ductile Spun pipes - 93 Nos( 31.067 MT)
Model number 2019
Production date 19-Sep-2019
Location Mundra, Mundra, Gujarat
Market Maker mf.islam@salvagemanagers.com
Sound Invoice Value Rs. 45,000.00 / MT
Quantity 31.067 MT
Sound Invoice Lot Value Rs. 13,98,015.00
Reserve Price Rs. 23,000.00 / MT
Reserve Price Lot Value Rs. 7,14,541.00
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 -93 Nos( 31.067 MT)

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 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.





On approval, the Purchaser should remit 50% 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 50% 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 :Mr. Suni Gor- 9825214913
Email :m.nigam@salvagemanagers.com

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