Thermax Ltd -Steel Strip- 7620 Kgs
Specification
| Item Id | 625 |
| Category | Thermax Ltd -Steel Strip- 7620 Kgs |
| Manufacture name | Termax Ltd |
| Model name | Steel Strip- 7620 Kgs |
| Model number | 2020 |
| Production date | 18-Apr-2020 |
| Location | Savli Town, Vadodara, Gujarat |
| Market Maker | meenakshi@salvagemanagers.com |
| Sound Invoice Value | Rs. 8,04,940.00 / LOT |
| Quantity | 1 LOT |
| Sound Invoice Lot Value | Rs. 8,04,940.00 |
| Reserve Price | Rs. 2,20,000.00 / LOT |
| Reserve Price Lot Value | Rs. 2,20,000.00 |
| Remaining Time |
| Ongoing Lot Bid | Rs. 0.00 |
| Current Bid | Rs. 0.00 / LOT |
| Incremental Bid | / LOT |
| Next Minimum Bid | / LOT |
Details
Term & Condition
of e-Auction:
‘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 “TOTAL AMOUNT
BASIS ONLY ’’
· The sale of offered
goods is per Lot basis.
·
DYNAMIC TIME: The e-Auction shall automatically extend by 10 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.
· The Purchaser
(H1/H2) should remit 50% advance payment within 3 working days of receipt of
bank details/allotment order, from the
insured/seller/auctioneer, failing which their EMD will be forfeited.
· After
depositing 50% payment, the Purchaser shall start lifting and Post
to 100% payment he shall be allowed to clear the lot awarded
to him from the site within a period of 15
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/-day or
Rs 1000/-MT for space occupied by salvage material
quantity.
· In case of
unsuccessful bidders, (H3 & Lower) EMD is refunded immediately after
adjusting facilitation fee of Rs. 100+GST but not later
than 7-10 working days from the completion of eAuction
process subject to the terms and conditions mentioned herein and at the
website.
· EMD of the H2
bidder shall be retained for 10 days from the date of approval of
eAuction. If the H1 bidder failed to deposit payment
within 3-5 days his EMD will be forfeited and
H2 bidder has to honor the deal at the H2 bid value within the aforesaid period
of 3 days. Failing to which his EMD too
will be forfeited.
· The EMD of H1 will
be adjusted once the complete payment is received by the insured/seller and
also complete material is lifted by the
H1 bidder. Also adjustment will be done for fee and expenses.
· 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.
| Documents |
|---|
| Contact Salvage Manager about this items/lot. | |
|---|---|
| Phone : | Meenakshi Gupta -9625137014 |
| Email : | meenakshi@salvagemanagers.com |
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