Honda_Workshop Ramp Lift & Battery Charger(scrap parts only)


Item Id 968
Category Honda_Workshop Ramp Lift & Battery Charger(scrap parts only)
Manufacture name insured-Lyallpur Motors
Model name Honda_ Workshop Ramp Lift & Battery Charger scrap parts
Model number 2023
Production date 04-Sep-2023
Location Bhunerheri, Patiala, Punjab
Market Maker
Sound Invoice Value Rs. 3,89,043.00 / LOT
Quantity 1 LOT
Sound Invoice Lot Value Rs. 3,89,043.00
Reserve Price Rs. 30,000.00 / LOT
Reserve Price Lot Value Rs. 30,000.00
Remaining Time
Ongoing Lot Bid Rs. 0.00
Current Bid Rs. 0.00 / LOT
Incremental Bid / LOT
Next Minimum Bid / LOT


Special Conditions/Commercial Terms of this

conditions override or supplement general T&C of this participation form)

Disposal of the above material is being held on following special
conditions specific to this E-Auction:-

Basis of sale: The sale of
offered goods for Per Lot basis exclusive of applicable GST

Deposits and Lifting: After
depositing 100% advance payment within 3-5 working days H1 shall be
allowed to start lifting and clear the lot awarded to them. The seller has
indicated that the site can be cleared within a period of 5 to 7 working
from the date of receipt of delivery order by H1. Any delay in doing
the same, H1 shall be liable to pay ground rent for the salvage quantity
uplifted and yet remaining at site. The rates charged would be Rs. 1000 per MT
per day.

Incidental charges: All charges
incidental to loading and lifting of material will be borne by the H1

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 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.

Participation/Facilitation Fee
= Rs. 1000 + GST

Information on invoicing: GST
certificate, cancelled cheque, Pan card/Adhaar Card copy

Information on Taxes
applicable: As per Gov. Norms

8.    Additional information on usage of salvaged goods / Brand Clause
etc.: NA


materials offered are damaged goods under insurance claim hence being offered
for sale on “As is Where is Basis ”,“Whatever There is Basis, ”  and “No complaint” 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. Rule of “Caveat Emptor”
applies strictly

1.    Earnest
Money Deposit ( EMD) Information:

1.1. EMD is always 10% of the final bid amount.
To facilitate participation of more buyers, we (E-Auctioneer and MOA) may allow
participation at a lower amount than mandatory 10%. However H1 is required to
complete EMD amount before lifting of material.

1.2. Interested
buyers must pre-qualifying themselves for participation in the above auction,
by paying a pre-bid amount / EMD of Rs. 3,00,000/-(Three
by mode of RTGS to the following account along with this E-Auction
form duly filled & signed.

Adwiti Technocrats Pvt. Ltd

Account no. 916020025588082, IFSC Code: UTIB0004770

Bank Limited. Sector- 27, Noida, U.P.

1.3. The
pre-bid / EMD and eAuction form to be deposited in physical form or electronic
form (NEFT + scanned form of EMD) to the latest by previous day of e-Auction.

1.4. The EMD
will not attract any interest & will be dealt with as per the procedure
mentioned below:-

Wherever EMD is held by us, we are responsible for the return
release. Seller or MOA has no role of EMD forfeiting/retention for H3 &
below. EMD of H1 & H2 is at discretion and instructions of the seller and

In case of unsuccessful bidders, (H3 & Lower) EMD is refunded
immediately after adjusting the facilitation fee, but not later than 7-10
working days from the completion of the E-Auction process subject to the terms
and conditions mentioned herein and at the website. EMD holder to ensure the

EMD of the H2 bidder shall be normally retain for 10 days from the
date of approval of E-Auction. However please refer point no. 8.4.1 above.       The status of H1 bidder will be
upgraded/confirmed as H1 Buyer after receipt of 10% EMD and 50% advance payment
within 2 days after he is declared H1 bidder. He will be allowed lifting
after depositing 100% payment +EMD 10% in next 3 days       If the H1 bidder fails to deposit minimum
50% payment (apart   from 10% EMD) of the
final bid value, within 2 days after he is declared H1 bidder, his EMD
will be forfeited and H2 bidder will be upgraded to status of H1 and has to
honour the deal at the H2 bid value with privileges and penalties of H1 bidder.

The EMD of H1 bidder will be adjusted once the complete payment is
received by the seller and also complete material is lifted by H1
bidder. Also adjustment will be done for fee and expenses against EMD if the
seller or MOA has not paid for the same.

In case of “Buyer’s Non-performance” the EMD may still be
forfeited. Opportunity may be given to H2.

In case “Seller’s Non-performance” the E-Auction may be cancelled
with total cost to be recovered from seller. MOA to decide the course of

“Non-performance” may be encountered wherever T&C of this
document and seller NOC are breached. The E-Auctioneer may decide on such cases
under consultation of MOA. Some example scenarios are as under:

Delays in payments,

Delays in lifting,

Criminal or illegal activities,

Intimidation of either party,

Non adherence to the T&C of this document like “caveat
emptor”, “Special Conditions”, “force majeure”, etc 

Partial “Non-performance” is also “Non-performance”.

EMD held by E-Auctioneer, the EMD of H1 and H2 may be refunded by E-Auctioneer
upon instructions of seller and MOA

10. The E-Auctioneer reserves the right to reject
any bid or bidder without assigning any reason to any of the bidder

 Honda_Workshop Ramp Lift & Battery Charger(scrap parts only)
Document 1 : Auction participation forM.pdf
Contact Salvage Manager about this items/lot.
Phone :Meenakshi Gupta -9625137014

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