Fire Damaged Ms Roller-12690 Kg.

Specification

Item Id	690
Category	Fire Damaged Ms Roller-12690 Kg.
Manufacture name	M/s. Stripak
Model name	Ms Roller (Dia. Vary Ms Roller (Dia. Vary from 4 inch to 8 inch)fMs Roller (Dia. Vary from 4 inch to 8 inch)rom 4 inch to 8 inch)
Model number	2021
Production date	16-Jun-2020
Location	Badli, New Delhi, Delhi
Market Maker	meenakshi@salvagemanagers.com
Sound Invoice Value	Rs. 100.00 / Kg
Quantity	12690 Kg
Sound Invoice Lot Value	Rs. 12,69,000.00
Reserve Price	Rs. 18.00 / Kg
Reserve Price Lot Value	Rs. 2,28,420.00

Remaining Time

Ongoing Lot Bid	Rs. 0.00
Current Bid	Rs. 0.00 / Kg
Incremental Bid	/ Kg
Next Minimum Bid	/ Kg

Expired

Details

Fire damaged Ms Roller (Dia. Vary from 4 inch to 8 inch)

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@18% are included.

The sale of offered goods is per kg basis.

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 the 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.

The Purchaser (H1/H2) should remit 100% advance payment
within 3-5 working days of receipt of bank details/allotment order, from
the insured/seller/auctioneer, failing which their EMD will be forfeited.

The Purchaser shall start lifting post to 100%
advance payment, he shall be allowed to clear the lot awarded to him from
the site within a period of 10 working days from the date of receipt
of delivery order by him, failing which he have to pay ground
rent for the salvageable quantity a per sellers T&C or minimum of Rs.
2,000/-day or Rs 1000/-MT for space occupied by salvage material quantity.

The Auctioneer reserves the right to reject any bid
without assigning any reason to the bidder

The earnest money deposit will not attract any
interest & dealt with as per the Procedure mentioned below:-

. In case of unsuccessful bidders, (H3 &
Lower) EMD is refunded immediately after adjusting facilitation fee of Rs. 100+GST
but not later than 7 working days from the completion of eAuction process
subject to the terms and conditions mentioned herein and at the website.

• EMD of the H2 bidder shall be retained for
10 days from the date of approval of eAuction. If the H1
bidder failed to deposit payment within 3-5 days his EMD will be
forfeited and H2 bidder has to honor the deal at the H2 bid
value within the aforesaid period of 3 days. Failing to which his EMD too will
be forfeited.

• The EMD of H1 will be adjusted once the
complete payment is received by insured/seller and also complete material
is lifted by the H1 bidder. Also adjustment will be done for fee and
expenses.

• Since EMD is held by auctioneer.
They are responsible for the return release as well. Surveyor, Insurer or
Insured has no role of EMD forfeiting/retention for H3 & below. EMD of H1
& H2 is at the seller's description.

The

The material shall be sold
on “AS IS WHERE IS’ and "AS IS WHAT IS" 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.

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.

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