Salvage of Sheets - Approx. 3 MT
|Manufacture name||Insured- M/s Ajay Wood Products|
|Model name||Salvage of Sheets - Approx. 3 MT|
|Location||Jagadhri, Jagadhri, Haryana|
|Sound Invoice Value||Rs. 60,000.00 / 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|
|Ongoing Lot Bid||Rs. 0.00|
|Current Bid||Rs. 0.00 / MT|
|Incremental Bid||/ MT|
|Next Minimum Bid||/ MT|
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
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
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
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.
|Contact Salvage Manager about this items/lot.|
|Phone :||Meenakshi Gupta -9625137014|