Paper Roll (Cuppa Wall Premium(Bottom – 150 &

Specification

Item Id	934
Category	Paper Roll (Cuppa Wall Premium(Bottom – 150 &
Manufacture name	Insured- Sudarshan Paper & Baord
Model name	Cuppa Wall Premium(Bottom – 150 & 160 GSM
Model number	2023
Production date	09-Aug-2023
Location	Domjur, Domjur, West Bengal
Market Maker	meenakshi@salvagemanagers.com
Sound Invoice Value	Rs. 67,660.00 / MT
Quantity	28.252 MT
Sound Invoice Lot Value	Rs. 19,11,530.32
Reserve Price	Rs. 20,000.00 / MT
Reserve Price Lot Value	Rs. 5,65,040.00

Remaining Time

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

Expired

Details

Brief Material description & Qty: Paper Roll (Cuppa Wall Premium (Bottom – 150 & 160 GSM)- 28.252 MT

S. No.	Invoice No.	Surveyor Ref. No	Material Description	qty
S. No.	Invoice No.	Surveyor Ref. No	Material Description	qty
1	2232400848	VP/M/23/08/036	Cuppa Wall Premium(Bottom) - GSM 150 & 160 GSM	20002
2	2232400881	VP/M/23/08/046		6975
3	2232400833	VP/M/23/08/047		1275
				28252

A. Special Conditions/Commercial Terms of this E-Auction:

(These
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:-

1.
Basis of sale: The sale
of offered goods for Per MT basis
exclusive of applicable GST/ taxes

2.
Deposits and Lifting:
After depositing 100% advance payment within 3 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
days 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.

3.
Incidental charges: All
charges incidental to loading and lifting of material will be borne by the H1
Buyer.

4.
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.

5.
Participation/Facilitation
Fee = Rs. 100 + GST

6.
Information on
invoicing: GST certificate, cancelled cheque, Pan card/Adhaar Card copy

7.
Information on Taxes
applicable: GST@18%

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

A. GENERAL TERMS AND CONDITIONS

1. The materials offered are damaged goods under insurance claim
hence being offered for sale on “As is Where is”, “Whatever there is” 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. 1,00,000/-(One Lakh) 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

Axis 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:-

1.4.1. 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
MOA.

1.4.2. 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
compliance.

1.4.3. 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.

1.4.4.

8.4.4.1
The status of H1 bidder will be upgraded/confirmed as H1 Buyer
after receipt of 10% EMD and 100% advance payment. He will be allowed lifting
after depositing 100% payment +EMD 10%

8.4.4.2
If the H1 bidder fails
to deposit 50% payment (apart from 10% EMD) of the final bid value, within 48
hours 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.

1.4.5. 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.

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

1.4.7. 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 action.

1.4.8. “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:

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