Online Auction Sale Catalogue

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Ann Warner
5 years ago
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1 Online Auction Sale Catalogue On behalf of Sale of Scrap Telecom and DG Batteries through E-auction on Asset Locations: Hyderabad, Bangalore, Ambala, Rajpura, Pune and Mumbai Earnest Money Deposit ( EMD ) for Participating in E- Auction EMD Amount by Demand Draft in Favor of. Bidder has to submit EMD wise and DD should be payable at as per below table:- Name AP Haryana Karnataka M&G Mumbai Punjab DD payable at Hyderabad Chandigarh Bangalore Pune Mumbai Chandigarh Auction Schedule Auction Start Date Auction Start Time 02:30 PM Auction Closing Date Auction Closing Time First Lot at 04:00 PM Inspection Start Date Inspection Start Time 11:00 AM Inspection Closing Date Inspection Closing Time 04:00 PM E- Auction Support Services provided by Quippo Valuers & Auctioneers Pvt. Ltd. D-2, 5th Floor, Southern Park, Saket Place, Saket, New Delhi Phone No , Fax No info@quippoauctions.com

2 Lot No. Annexure 1 - List of Assets Available for Sale On behalf of Asset Description UOM Total Qty Tentative Bid Basis EMD Amount Rs Location 1 Scrap Telecom Batteries of AP MT 450 MT Medak 2 Scrap Telecom Batteries of Karnataka MT 105 MT Bangalore 3 Scrap Telecom Batteries of M&G MT 210 MT Pune 4 Scrap Telecom Batteries of Mumbai MT 195 MT Mumbai 5 Scrap DG Batteries of Mumbai MT 3.1 MT Mumbai 6 Scrap DG Batteries of Punjab MT 8.7 MT Rajpura 7 Scrap Telecom Batteries of Punjab MT 210 MT Rajpura 8 Scrap DG Batteries of Haryana MT 5.6 MT Ambala 9 Scrap Telecom Batteries of Haryana MT 111 MT Ambala UOM = Unit of Measurement Points to Note: 1. Only SPCB/CPCB Registered Battery Recyclers with valid certificate can participate. Buyers have to submit the photo copy of Valid SPCB/CPCB certificate before participating in auction. 2. Validity of SPCB / CPCB Certificate - Minimum Validity should be up to 30th June, 2016 along with Valid Tonnage limits to lift the material as per Pass Book. 3. CST against Form C is 2% Plus 1% TCS. The Difference of Local VAT & CST amount will be kept on hold by Indus Towers Ltd till the C Form is submitted to Indus Towers Ltd. 4. Quantity given in the asset list is Aapprox. / Tentative. Actual quantity may differ at the time of Lifting. Buyers are advised to inspect properly before participating in auction. Annexure 2 - Payment and Lifting Terms Payment Amount including Tax Per Lot Baisi Payment Terms From the date of issue of Sale Order / LOA 1 st Instalment 50% of Total Within 4 Working Days of LOA issued Sale Value Rest Payment within 2 instalments Instalment 2 Instalment 3 50% of the pending amount Entire Pending Payment Lifting Terms From the date of issue of Sale Order / LOA Entre lifting to be completed by 20 th Feb. Extension of Lifting Time is the sole discretion of Indus Towers Ltd.

Annexure 3 - List of Warehouse For Inspection Location Address Contact Person Contact No. AP KK HAR PUN M&G MUM Medak Bangalore Ambala Rajpura Pune Mumbai C/O Raji Reddy Rural Godowns, SY NO.

3 Annexure 3 - List of Warehouse For Inspection Location Address Contact Person Contact No. AP KK HAR PUN M&G MUM Medak Bangalore Ambala Rajpura Pune Mumbai C/O Raji Reddy Rural Godowns, SY NO. 25E, Byndamylaram village, Mulugu Mandal, Medak dist, Telangana, PIN NO Survey No.43, Doddakaranahalli Village, Kasaba Hobli, Nelamangala Taluk, Bangalore Rural Goel Complex, Dukheri Road (Near Mohra Crossing), Vill. Dukheri, Ambala (Haryana) Mr Chander Mohan Behind My Village Restaurant, Village-Mehtabgarh, NH-1, Rajpura (Pb.)- Mr Puran Singh Indus Tower Limited c/o Unique Warehousing S. No. 11, Behind Yogesh Service Station Lonikand, Pune Indus Towers Ltd E1 to E8 Swiddhinath Complex, Near Krishna Complex, Opposite Mahavir Complex, Dapoda, Mankoli, Bhiwandi Mr. Hemadri. G Mr. Sai Praveen Mr Baljeet Buttar Mr Baljeet Buttar Mr Debankar Biswas Ms Tanvi Sarmalkar For Inspection, Registration and Other Query, Please contact Quippo Valuers & Auctioneers Pvt. Ltd.

4 Terms and Conditions of E- Auction Terms EMD DEPOSIT Date Validity of Bids Payment Terms Lifting Period Tax EMD Return EMD forfeiture Conditions On or before between 11 am to 5 PM at any Quippo offices or Quippo nominated offices. All the highest bids remain valid for 30 Working Days from the day of Closing of auction. As per payment and Lifting annexure No.2 Lifting to be completed by 20 th Feb as per Annexure- 2. Extension of lifting period is the sole discretion of Indus Towers Ltd. All offered bids are basic price only and applicable taxes & duties as per Law of the States will be in addition to the basic price. EMD of All Un-Successful bidders will be returned within 2 working days & it will not carry any interest. On Refusal of Lifting / Acceptance of Letter of Award (LOA) or Non-Payment within given time period by the H1 Bidder, the seller, having the Right of disposal to whomsoever as per their discretion and EMD amount deposited as a Security Money shall be forfeited without any intimation Auto extension of bid closing time is 10 minutes. If any bid placed in last 8 minutes of closing time of respective lot will extended for next 10 minutes. Each lot will be closed on interval of 3 minutes. It is post approval auction. The highest bid received will be sent for approvals to seller which Seller may accept or reject the bid. Interested Bidders shall be given to have a free access at the Seller s Premises for inspection of the Materials under disposal, as is where is basis, before placing the Bid & participating in the Online Auction. All Sales are strictly on As is, Where is basis, and No Exceptions, thereof. Buyers are advised to obtain all relevant information during inspection of the assets before Bidding. Seller Company or Quippo Valuers & Auctioneers Pvt Ltd will not entertain any grievances post Auction and also Tax Liability, Warranty or Guarantee of the quality, quantity, measurement, condition, defects in any item/s or lot/s from the Bidder s end. Please Inspect the assets as there may be missing parts / equipment in the Set. Please satisfy yourselves with the condition of the equipment being sold. No complaints at any cost will be entertained after the auction. YOU SHALL BE LIABLE TO PAY THE WINNING SALE AMOUNT along with TAXES without any EXCEPTIONS. Lot details given are indicative and buyers are strongly advised to inspect the assets in the Seller s Warehouses before bidding.

5 Registration & Participation Procedure:- To participate in the auction buyer must register himself online on Bidder/s would need to pay an E.M.D. (Refundable/Adjustable) in the form of DD / Pay Order / Banker s Cheque. Buyer has to submit Completely Filled and Signed Bidder Undertaking Form. PAN & VAT Registration No. / TIN is mandatory for participating in the Auction. Buyer has to submit Copy of PAN Card and VAT / TIN Certificate. Any communication with Company s staff members excepting during the time of filing Bidder Undertaking with EMD OR any CARTEL among the Bidder, if reported, all disqualify the Bidder/s and will refrain the Bidder from taking participation in the Auction. No proxy bid allowed. Do not disclose password to anyone. Payment:- H1 Buyer shall deposit the payment by Demand Draft / Pay Order / Banker s Cheque / RTGS to the Seller Account and the Delivery Orders will be issued by the Seller itself. Cheque / Cash Payment will not be entertained. Location wise EMD amount is mentioned as per Annexure 1.Once H1 Bidder is decided through E-Auction immediately after that Quippo will hand over the EMD of H1 Bidder to Indus Towers Ltd. E.M.D Amount of H1 Buyer is taken as token of Security. It will be returned/adjusted only after seller ensures all liabilities have been cleared by Bidder. In case Bidder retracts his bids once the sale is finalized, deposited EMD will be forfeited without recourse. Please bid only if you are agreeable to this clause. No Lots can be removed without full payment being realized and presentation of original Delivery Order obtained from Seller. Taxes and Duties:- Buyer has to deposit Full Taxes and Duties if any before Lifting of sold Asset / Material. VAT, CST and TCS rates are applicable at the time of lifting. If there is any change in tax rate, buyer has to pay tax accordingly. Lifting:- All Assets must be removed from the Seller s Premises at own Cost of the Buyer within 20 th Feb any extension of lifting time is the discretion of the Indus Towers management. On Refusal of Lifting / Acceptance of Sale order or Non-Payment within given time period by the H1 Bidder, Seller would reserve its Right of disposal to whomsoever as per their discretion. EMD deposited as Security Money shall be forfeited without any intimation by Indus Towers Ltd ( Seller ). Delivery order will be issued in the name of Successful bidder once full Payment is cleared. Resale will not be allowed before receipt of full and final payment by seller.

6 Packing and lifting of material will be the buyer(s) responsibility at their own Cost. Any mis-happening at the time of dismantling, packing, pickup, loading of machines / Materials will not constitute any liability on the Seller s end. The buyer is responsible to keep the warehouse & stockyard in order after removal of sold lots. In case of non-adherence, seller may reserve the right to impose penalties or forfeiture of payment deposited. For the lifting of sold material, successful bidder shall employ or engage their own personnel at their own cost, and shall keep seller fully indemnified against any claim whatsoever, for claim, injuries, death etc. The authorized personnel of the successful bidder visiting the warehouse for lifting the goods should necessarily carry due authorization letter and proper photo identity. The items will be delivered in situ on As is where is basis by Seller. Any picking, shorting, cutting, cleaning or breaking up of material will not be permitted. Successful Bidder has to make his own arrangements for shifting, loading, unloading, weighing and transportation of sold material at their own cost. Other Terms and Conditions: The highest bidder does not get any right to demand acceptance of his offer. Seller reserves the right to accept/ reject/ cancel any bid, withdraw any portion of the assets at any stage from Auction even after acceptance of bid/ issue of delivery order or release order/ deposit of full value by successful bidder without assigning any reason thereof. In the event of such rejection/cancellation/ withdrawal, Seller shall refund the value of assets, if paid for, to the successful bidder. Discretion lies solely on Seller/s regarding this. Any Disputes related to the Assets / Documents, Post Sale, would be dealt by Seller only and the Quippo Valuers & Auctioneers Pvt Ltd does not have any involvement or does not have any role to play in the same. The Auction Company, Quippo Valuers & Auctioneers Pvt Ltd & / or the Seller, during the period of E-AUCTION will not be held responsible for any power failures / Internet Connection failures / Bandwidth problem / erroneous Bids etc at the bidders end. Bidders themselves need to check it at their end and bid in advance and monitor their lots. The Terms & Conditions as laid down shall be the binding part at the Bidder/s end and should be signed off before participation in Online Auction. The above Terms shall be governed by and construed in accordance with the laws of India and only the New Delhi court will decide any disputes. IMPORTANT NOTICE ALTHOUGH INFORMATION HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE, NEITHER THE VENDOR NOR QUIPPO /AUCTIONEER MAKES ANY WARRANTY OR GUARANTEE EXPRESSED OR IMPLIED AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN.

Online Auction Sale Catalogue

Online Auction Sale Catalogue On behalf of Quippo Infrastructure Limited Sale of Tata 709 truck, Used Containers, D.G, Misc. Scrap Material Locations: Panvel - Mumbai Through E-auction on www.iquippo.com