Flood affected Paddy” Qty-600 MT approx


Specification

Item Id 782
Category Flood affected Paddy” Qty-600 MT approx
Manufacture name Haryana Rice Mill
Model name ..
Model number ..
Production date 11-Jan-2022
Location Rudrapur, Rudrapur, Uttaranchal
Market Maker sidharth.nigam@salvagemanagers.com
Sound Invoice Value Rs. 20,000.00 / MT
Quantity 600 MT
Sound Invoice Lot Value Rs. 1,20,00,000.00
Reserve Price Rs. 8,000.00 / MT
Reserve Price Lot Value Rs. 48,00,000.00
Remaining Time
Ongoing Lot Bid Rs. 0.00
Current Bid Rs. 0.00 / MT
Incremental Bid / MT
Next Minimum Bid / MT
Expired

Details

Flood-affected Paddy” Qty-600 MT

TERM
& CONDITIONS FOR EAUCTION



The eAuction will
conduct on Per MT basis for Paddy
.
On Paddy GST is not applicable,
only 2.5% Mandi fees is applicable
.



The material will deliver without bags in loose condition. Salvage buyers would have to
arrange their own bags and labour for repacking the material
.  



Buyers are requested to visit the damage site before
participating in eAuction and bid as per their
own experience.



DYNAMIC TIME: The eAuction shall
automatically extend by 5 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.



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 the 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. 



 

Flood affected Paddy” Qty-600 MT approx Flood affected Paddy” Qty-600 MT approx Flood affected Paddy” Qty-600 MT approx Flood affected Paddy” Qty-600 MT approx Flood affected Paddy” Qty-600 MT approx Flood affected Paddy” Qty-600 MT approx Flood affected Paddy” Qty-600 MT approx Flood affected Paddy” Qty-600 MT approx Flood affected Paddy” Qty-600 MT approx Flood affected Paddy” Qty-600 MT approx
Documents
Contact Salvage Manager about this items/lot.
Phone :Sidharth Nigam - 9625739880
Email :sidharth.nigam@salvagemanagers.com

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