Salvage of Sheets - Approx. 3 MT


Specification

Item Id 711
Manufacture name Insured- M/s Ajay Wood Products
Model name Salvage of Sheets - Approx. 3 MT
Model number 2021
Production date 24-Jun-2021
Location Jagadhri, Jagadhri, Haryana
Market Maker meenakshi@salvagemanagers.com
Sound Invoice Value Rs. 60,000.00 / MT
Quantity 3 MT
Sound Invoice Lot Value Rs. 1,80,000.00
Reserve Price Rs. 18,000.00 / MT
Reserve Price Lot Value Rs. 54,000.00
Remaining Time
Ongoing Lot Bid Rs. 0.00
Current Bid Rs. 0.00 / MT
Incremental Bid / MT
Next Minimum Bid / MT
Expired

Details

Salvage of Sheets - 3 MT Approx 

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 extra.



The sale of offered goods is per MT. basis



DYNAMIC TIME: The e-Auction 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 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.



On approval, the Purchaser (H1) should remit 100% 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 100% payment, the Purchaser shall start lifting and 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/-per day
.



EMD of the 2nd highest
bidder shall be retained for 10 days
 from the date of approval of eAuction. If the H1 bidder failed to deposit
payment within said period his EMD will be forfeited
 and H2 bidder will be asked to honor the deal at the second highest bid value
within the aforesaid period of 3 days. Failing to which his EMD too will be
forfeited.



The EMD of highest bidder/H1 will be
refunded once the complete payment is received by insured/seller and also 
complete material is lifted by highest bidder/H1 after adjusting the auctioneer professional fee (5% + GST) from H1 bidder.



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 agencies 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.

Salvage of Sheets - Approx. 3 MT Salvage of Sheets - Approx. 3 MT
Documents
Contact Salvage Manager about this items/lot.
Phone :Meenakshi Gupta -9625137014
Email :meenakshi@salvagemanagers.com

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