Online Auction Sale Catalogue

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1 Online Auction Sale Catalogue On behalf of B. E. Billimoria & Co. Limited Sale of Used Construction Machinery and Other Machinery Through E-auction on Asset Locations: Pune, Gurgaon, Noida Earnest Money Deposit ( EMD ) for Participating in E- Auction Rs. 100,000 (One Lakh) for All Lots by Demand Draft in Favor of B. E. Billimoria & Co. Limited and Payable at Mumbai. Auction and Inspection Schedule Auction Start Date Auction Start Time 2.00 PM Auction Close Date Auction Close Time 4:00 PM Inspection Start Date Inspection Start Time 10:00 AM Inspection Close Date Inspection Close Time 5:00 PM Inspection Strictly on Prior Permission and Working days only. Buyer s Premium Winner Bidder has to pay 1% + Service tax as Buyer s Premium on Approved Sale Value to Quippo Valuers & Auctioneers Pvt Ltd 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 Page 1 of 6

2 Lot No. Asset Description Qty Bid Basis 1 Concrete Pump 1 LOT Concrete Pump 1 Transit Mixer (Road Tax paid till Feb-2012) Transit Mixer (Road Tax paid till Nov-2011) Transit Mixer (Road Tax paid till Jan-2012) Batching Plant [with Accessories & 3 Silo's] BATCHING PLANT [with Accessories & 3 Silo, Ice Dosing Unit, Microcillica dosing Unit] LOT 1 No 1 No 5 Generating Set 1 LOT Generating Set 1 6 Tower Crane 1 No 7 Concrete Pump 1 No 8 BATCHING PLANT (with 1no cement, 1 no fly ash silo, 1 set of cement feeding unit complete with accessories) 1 No. 9 Tower Crane 1 No Annexure 1 - List of Assets Available for Sale On behalf of B. E. Billimoria & Co. Limited Make/Model SLETTER BP 250 DXT SLETTER BP 250 DXT STETTER STETTER / TATA 2516 STETTER / TATA 2516 SLETTER CP-30 (PAN type) AQUARIUS SP-70 KIRLOSKAR 125 KVA KIRLOSKAR 125 KVA SHIRKE-POTAI N MC-85A [INTERNAL CLIMBING] SLETTER BP 250 DXT STETTER CP-30 (PAN Type) SHIRKE-POTAI N E2 / 18 B Serial No./ Chassis No./Reg no Capacity YoM Parking Yard CP CU.M./HR 2007 CP 1772 / CU.M./HR HSZ / UP14AT HSZ / UP14AT LSZ / UP16S9818 BP 1138 / CU.M./HR CU.M./HR 2011 F6.2001/ KVA H.2502/ KVA Ltd,Wave City,Noida(UP) Ltd,Wave City,Noida(UP) 6 m Ltd,IREO Victory Valley, Gurgaon, Haryana. 6 m Ltd,IREO Victory Valley, Gurgaon, Haryana. 6 m Ltd,IREO Victory Valley, Gurgaon,Haryana M, M, B) HUH M 2005 CP 1955 / CU.M./HR 2007 BP CU.M./HR 2007 NA M, M, B) HUH- 36 M 10 Tower Crane 1 No BHAI BT 203 NA Page 2 of 6

3 Lot No. Asset Description Qty Bid Basis Make/Model Serial No./ Chassis No./Reg no Capacity YoM Parking Yard M, M, B) HUH- 28 M 11 Tower Crane 1 No 12 Tower Crane 1 No 13 Tower Crane 1 No SPARTAN-GJJ QP-5013 POTAIN MCi 85 A/B (STATIONARY) ZOOMLION TC5013 B [ STATIONARY] KEFCAN ) Quantity is approx. Please inspect the material before bidding 2) Part Payment and Part Lifting not allowed 3) Bid Price is for Basic Price Only. Taxes extra applicable at the time of lifting. 4) Buyer has to Pay Pending RTO tax applicable on Vehicles M, M, B) HUH-40 M M,5 15 M, B) HUH M M, M, B) HUH M Annexure 2 - Inspection Venue B. E. Billimoria & Co. Limited Location Contact Person Contact No Address Noida(UP) Mr.Milind Datar Gurgaon, Haryana Mr.Arunkumar Panday Pune(MH) Mr.Vitthal Mali CAPETOWN, SECTOR - 74, U.P Mr.P.P.Saha WAVE CITY,M/s. Ltd, C/o.Wave city Centre, Sec-32 & 25 A Opposite Sumitra Hospital, Noida, Uttar Pradesh. IREO VICTORY VALLEY, M/s. Ltd,Package II, Secor-67 l, Gurgaon, Haryana. INDRAYANI SANKALP PROJECT, Maharashtra City(MPMC) at Pune, Survey No-25/2, Near Gulab Hari vasti, Marathwada mitra mandal College, Vadgaon shinde Road, Pune NORTH EYE PROJECT, M/s.B.E. BILLIMORIA & CO. LTD. SUPERTECH, CAPETOWN, SECTOR - 74, U.P (AFTER CITY CENTRE METRO STATION For Inspection, Registration and Other Query, Please contact Quippo Valuers & Auctioneers Pvt. Ltd. Quippo Valuers & Auctioneers Pvt. Ltd - New Delhi Mr.Rajendra Sapkale Mr.Shailendra Tiwari Mr.Ritim Sharma Mr.Dinesh Thakare Mr.Rahul Gupta Mr.Pankaj Arora Mr.Sudip Sengupta Mr.Suman Podder Page 3 of 6

4 Follow the Steps and Become Eligible Bidder in E-Auction Step 1. Signed the Bidder s Undertaking form Step 2. Deposit Required EMD amount for participating in e-auction Terms EMD DEPOSIT Date before 06:00 PM Conditions Validity of Bids Payment Terms Lifting Period Tax EMD Return EMD forfeiture All the highest bids remain valid for 20 Working Days only. Payment deadline strictly within 10 working Days from the time of Approval Intimation. Part payment & Part lifting will not be allowed. Buyer has to deposit full payment with applicable taxes. After realization of full payment with applicable taxes, Seller will issue Delivery order.. 10 working days from the date of issue of Delivery order 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 Unsuccessful 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 10 working days by the H1 Bidder, the seller, would reserve its Right of disposal to whomsoever as per their discretion and EMD amount so deposited as a Security Money shall be forfeited without any intimation Seller B.E.Billimoria & Co Limited 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 1 minute. It is post approval auction. The highest bid received will be sent for approvals to seller. The approvals for the same would be given within 20 working days of Bid closing. 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. Page 4 of 6

5 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. 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 / RTGS. 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:- No Cheque / Cash Payment will be entertained. Buyers shall deposit the payment by Demand Draft / Pay Order / Banker s Cheque / RTGS to the Seller and the Delivery Orders will be issued by the Seller itself. No part payment is accepted by Seller. Successful bidder has to deposit 100% payment in advance. After Receipt of total Sale Amount from the successful bidder, Seller Shall release the Delivery Order (DO) of the material in the name of Highest Bidder only. E.M.D Amount of H1 Buyer is taken as token of Security Money will be adjusted as advance and Seller will give 10 working days time to pay the balance amount with taxes, if any. In case buyer 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 specified time period of Payment made. Page 5 of 6

6 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 amount so deposited as Security Money shall be forfeited without any intimation. 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. 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 Company, during the period of LIVE 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. Page 6 of 6

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