EGBERT ANDREWS AUCTION MART

(Premier Govt Auctioneers & Valuers)

161, Dharamtalla Street, Kolkata-13, Ph:40000790-791, Fax: (033)40000778

E-mail:eaam@eaamindia.com, Web: www.eaamindia.com

WILL SELL BY ONLINE E-AUCTION

Under Instructions From

 The MGAOC, HQ Eastern Command, Fort William, Kolkata

Online E-Auction Details

Online Auction No.:EAAM/02-2020/842, EAAM/02-2020/842A,

EAAM/02-2020/842B & EAAM/02-2020/842C

Online Auction Date & Time: On Wednesday the 19thFebruary 2020 at 11 AM

Inspection : Upto 17.02.2020

Seller/Stock holder :The Commandant , 41 Veh Coy, Narangi

Lots Location : RVP MAIN 41 Veh Coy (Narangi), RVP DET 41 VEH COY

(Missamari), RVP DET 2 MTN DOU(DINJAN) & RVP DET 5 MTN DOU (Tenga).

Important conditions of Sale (Other than General Terms & Conditions)

IMPORTANT: The materials list &SPECIAL CONDITIONS OF SALE displayed under CATALOGUE on EAAM’s E-auction Web Site are tentative and subject to change at the sole discretion of Auctioneer / Principal before the start of E-auction. Bidders should therefore, download the material list and Special Conditions of sale displayed, for their record purpose, if required, and bid accordingly.        

1.     20% of the sale value of the accepted bid/bids should be paid by the successful purchaser as earnest money to the auctioneer within 7 (Seven) days from the date of completion of online auction. Failure to deposit 20% earnest money, registration will be cancelled of the concerned buyer, thereby debarring them for at least 6 months in case of back out buyers.

 2.    The entire balance of sale value of each sold lot shall be paid within 17 (Seventeen) days from the date of completion of online auction SOLD lots and within 10 (TEN) days from the date of issue of acceptance letter from the auctioneer EGBERT ANDREWS AUCTION MART for STA lots. If the buyer fails to make payment for the balance sale value by the stipulated date the period for such payment may be extended by the auctioneer EGBERT ANDREWS AUCTION MART / Stockholder or his representative at their discretion on payment of @1% per week or part thereof on the sale value default, to a maximum period of two (2) weeks only.

3.     GST as per Government GST rules is to be deposited by concerned buyers under reverse mechanism system on the total sale value of sold lot/lots before taking delivery of sold lot/lots from the stock-holder.

4.     DELIVERY of sold lots should be taken by the purchaser ex-site and within 30 (thirty) days from the date of delivery advice.

5.     RE-SALE, in no case, will be recognized.

6.     BIDDERS must satisfy themselves from all the points before bidding and should know what they are buying. The stock holder or Auctioneer shall not undertake any guarantee of the stores once the bid is accepted. Stores are sold on “AS IS WHERE IS” basis and as per conditions of sale.

7.     The goods shall remain in every respect at the risk of the buyer from the date of acceptance of his offer. EAAM/ stockholder shall not be under any liability for their safe custody or preservation from that date.

8.     PURCHASERS and their men are required to adhere to the Depot/Sale Area’s Security Rules.

9.     AUCTIONEERS/Stockholder reserves the right to accept or reject any bid/bids without assigning any reason.

10.   Other conditions, amendments, additions or alterations if any will be announced before starting of online auction on scheduled date in the site www.eaamindia.com.

11.  Only the Courts at KOLKATA, INDIA shall have the exclusive jurisdiction to entertain any dispute connected with the arbitration proceedings or any other matter or claim arising out of or in connection with the auction.

Bidders should inspect the lot/lots in advance at Depot locations and bid in above site.

Bank details for RTGS/NEFT

Name of the Bank

KOTAK MAHINDRA BANK

Branch

Park Street Branch

RTGS/NEFT/IFSC CODE

KKBK0000322

Account Type

Current Account

Account No.

2611732400

Name of the Company

EGBERT ANDREWS AUCTION MART

 

 

Online E-Auction No.EAAM/02-2020/842 to be held on 19th February 2020

Lots Lying at RVP MAIN 41 VEH COY (NARANGI)

SNo

Lot No

Type of Vehs & BA No

Qty

Condn

1

41VC/MAIN/169/2019

MC RE 350CC

2

CL-V

00A-050731W

08A-061035N

2

41VC/MAIN/170/2019

MARUTI GYPSY-413

2

CL-V

00B-070968X

08B-098197L

CAR AMBASSDOR

1

CL-V

03B-084932L

3

41VC/MAIN/171/2019

MAHINDRA SCORPIO 4X4

1

CL-V

11B-107912K

MC RE 350CC

1

CL-V

07A-058788M

4

41VC/MAIN/172/2019

MAHINDRA SCORPIO 4X4

1

CL-V

11B-107903L

5

41VC/MAIN/173/2019

TK 2.5 TON TATA

2

CL-V

02N-003140H

05C-077435X

6

41VC/MAIN/174/2019

TK 2.5 TON TATA

2

CL-V

02N-003141A

03N-003137H

7

41VC/MAIN/175/2019

TK 2.5 TON TATA

2

CL-V

08C-083798X

08C-083988L

8

41VC/MAIN/176/2019

TK 2.5 TON TATA

2

CL-V

04C-070072Y

05C-075065L

9

41VC/MAIN/177/2019

TK 2.5 TON TATA

2

CL-V

09C-085710N

05C-076097W

10

41VC/MAIN/178/2019

TK 2.5 TON TATA

3

CL-V

03C-068723M

09C-085712H

05C-077356M

11

41VC/MAIN/179/2019

TK 2.5 TON TATA

3

CL-V

05C-075155K

08C-083377A

02D-144872H

CL-VI

S No

Lot No

Type of Vehs & BA No

Qty

Condn

12

41VC/MAIN/180/2019

LY 5/7.5 TON STLN

3

CL-V

05D-166318N

05D-166240N

08D-177382W

13

41VC/MAIN/181/2019

LY 5/7.5 TON STLN

3

CL-V

05D-165249L

06D-172425W

08D-176838P

14

41VC/MAIN/182/2019

3.5 TON FAT

3

CL-V

99E-014812E

99E-014062P

97E-012786W

FORK LIFTER

1

CL-V

20256

15

41VC/MAIN/183/2019

3.5 TON FAT

3

CL-V

99E-013874N

99E-014674X

97E-013002W

16

41VC/MAIN/184/2019

TFF LARGE MK IV

1

CL-V

01P-14000P

MC RE 350CC

2

CL-V

08A-061019L

03A-055377W

17

41VC/MAIN/185/2019

KRAZ 255B

1

CL-V

82E-4943K

18

41VC/MAIN/186/2019

TLR 20 TON 12 WHLD

1

CL-V

87G-17231N

Online E-Auction No.EAAM/02-2020/842A to be held on 19th February 2020

Lots Lying at RVP DET 41 VEH COY(MISSAMARI)

S No

Lot No

Type of Vehs & BA No

Qty

Condn

1

41VC/DET/231/2019

MC RE 350CC

2

CL-V

09A-061553N

08A-059187H

2

41VC/DET/232/2019

MARUTI VAN OMNI

1

CL-V

07B-097091K

3

41VC/DET/233/2019

CAR AMBASSDOR

1

CL-V

11B-108536A

4

41VC/DET/234/2019

MARUTI GYPSY-413

3

CL-V

09B-101610M

10F-005851K

10B-107032A

5

41VC/DET/235/2019

MARUTI GYPSY-413

3

CL-V

09B-102870P

10B-107021M

11B-111533H

CL-VI

6

41VC/DET/236/2019

MARUTI GYPSY-413

3

CL-V

00B-078126N

10B-107035M

09B-103152Y

S No

Lot No

Type of Vehs & BA No

Qty

Condn

7

41VC/DET/237/2019

MAHINDRA SCORPIO

1

CL-V

11B-107922A

MC HH 100CC

1

CL-V

09A-061408L

8

41VC/DET/238/2019

TK 2.5 TON TATA

3

CL-V

07C-082707Y

02D-143080P

06C-078542K

9

41VC/DET/239/2019

TK 2.5 TON TATA

3

CL-V

10C-088743X

04D-143090L

02D-143104W

10

41VC/DET/240/2019

TK 2.5 TON TATA

3

CL-V

08C-083297X

05C-075653X

04D-070736W

11

41VC/DET/241/2019

TK 2.5 TON TATA

3

CL-V

05C-075087M

02D-143698M

06C-078121M

12

41VC/DET/242/2019

TK 2.5 TON TATA

1

CL-V

05C-074985A

SWARAJ MAZDA AMB

1

CL-V

02K-007404P

13

41VC/DET/243/2019

TK 2.5 TON TATA

2

CL-V

05C-075489P

05C-075098X

14

41VC/DET/244/2019

2 KL WATER BOWSER

1

CL-V

07P-021739M

15

41VC/DET/245/2019

LY 5/7.5 TON STLN

3

CL-V

05D-165236H

08D-178695L

04D-159687Y

16

41VC/DET/246/2019

LY 5/7.5 TON STLN

3

CL-V

08D-177324A

05D-165319X

10D-184469M

17

41VC/DET/247/2019

LY 5/7.5 TON STLN

3

CL-V

05D-165223A

06D-172221H

08D-178312H

18

41VC/DET/248/2019

LY 5/7.5 TON STLN

2

CL-V

07D-173673N

05D-165284H

MC HERO HONDA SPLENDER

1

CL-V

03A-055058A

19

41VC/DET/249/2019

LY 5/7.5 TON STLN

2

CL-V

08D-179453E

03D-156103A

S No

Lot No

Type of Vehs & BA No

Qty

Condn

20

41VC/DET/250/2019

LY 5/7.5 TON STLN

3

CL-V

08D-179163Y

07D-174564N

05D-163435N

21

41VC/DET/251/2019

TRACTOR ESCORT 440 WITH SHRUB MASTER AND TROLLY

1

CL-V

03E-017710M

22

41VC/DET/252/2019

ARMY BUS

2

CL-V

06P-018805A

06P-018797N

DCM TOYOTA AMBULANCE

1

CL-V

DL01A0588

 

Online E-Auction No.EAAM/02-2020/842B to be held on 19th February 2020

Lots Lying at RVP DET 2 MTN DOU (DINJAN)

S No

Lot No

Type of Vehs & BA No

Qty

Cond

1

41VC/2 DOU/164/2019

MC HH SPLENDOR

1

CL-V

AS01-3207

2

41VC/2 DOU/165/2019

MARUTI GYPSY-413

3

10B-107011W

CL-V

09B-103228K

10B-107006E

CL-V

3

41VC/2 DOU/166/2019

MARUTI GYPSY-413

3

10B-106987Y

CL-V

10F-005522A

CL-V

11B-108876X

CL-VI

4

41VC/2 DOU/167/2019

MARUTI GYPSY-413

3

CL-V

00B-075962P

05B-091255P

09B-102836P

5

41VC/2 DOU/168/2019

MARUTI GYPSY-413

3

09B-101585A

10B-106971K

CL-V

04B-087083W

CL-V

6

41VC/2 DOU/169/2019

MARUTI GYPSY-413

3

CL-V

11B-111536P

CL-VI

08B-101115L

10B-107013L

7

41VC/2 DOU/170/2019

2 KL WB

1

CL-V

07P-021008A

CAR AMBASSDOR

1

CL-V

06B-094972W

8

41VC/2 DOU/171/2019

TK 2.5 TON TATA

2

CL-V

03C-068800H

08C-083264H

MC HH 100CC

1

CL-V

05A-057466Y

9

41VC/2 DOU/172/2019

TK 2.5 TON TATA

3

CL-V

04C-071074E

07C-080652W

08C-084998P

S No

Lot No

Type of Vehs & BA No

Qty

Cond

10

41VC/2 DOU/173/2019

TK 2.5 TON TATA

2

CL-V

08C-083770X

09C-085411M

11

41VC/2 DOU/174/2019

TK 2.5 TON TATA

2

CL-V

05C-074502H

08C-083963X

12

41VC/2 DOU/175/2019

TK 2.5 TON TATA

3

CL-V

08C-083801H

09C-086997Y

09C-087036N

13

41VC/2 DOU/176/2019

TK 2.5 TON TATA

3

CL-V

06C-078226H

05C-076081E

08C-083982M

14

41VC/2 DOU/177/2019

TK 2.5 TON TATA

3

CL-V

04C-070163P

05C-074967H

08C-084907K

CL-VI

15

41VC/2 DOU/178/2019

LY 5/7.5 TON STLN

3

CL-V

02D-146527X

07D-175131Y

07D-173677X

16

41VC/2 DOU/179/2019

LY 5/7.5 TON STLN

2

CL-V

07D-175738N

08D-177983L

TATA SAFARI

1

CL-V

10B-107282Y

17

41VC/2 DOU/180/2019

ARMY BUS

1

CL-V

06P-019118K

MC RE 350 CC

1

CL-V

08A-060868W

18

41VC/2 DOU/181/2019

LY 3 TON 4x4 TCM TMB

1

CL-VII

TP-2461

 

Online E-Auction No.EAAM/02-2020/842C to be held on 19th February 2020

Lots Lying at RVP DET 5 MTN DOU (TENGA)

S No

Lot No

Type of Vehs & BA No

Qty

Cond

1

41VC/5 DOU/197/2019

MARUTI GYPSY-413

3

12B-112563Y

10B-106046M

CL-V

08B-101322Y

2

41VC/5 DOU/198/2019

MARUTI GYPSY-413

2

CL-V

11B-110881N

09B-103399X

3

41VC/5 DOU/199/2019

MARUTI GYPSY-413

3

10B-105469L

CL-VI

11B-110525N

CL-V

11B-111194X

CL-V

4

41VC/5 DOU/200/2019

MARUTI GYPSY-413

2

CL-V

10B-106953W

10B-105245L

S No

Lot No

Type of Vehs & BA No

Qty

Cond

5

41VC/5 DOU/201/2019

MARUTI GYPSY-413

2

12B-112598H

CL-V

06B-094412H

6

41VC/5 DOU/202/2019

MARUTI GYPSY-413

2

CL-V

11B-110112X

11B-110611H

7

41VC/5 DOU/203/2019

MARUTI GYPSY-413

2

CL-V

10B-104945K

09B-103243P

8

41VC/5 DOU/204/2019

TOYOTA QUALIS

1

CL-V

04B-086558K

9

41VC/5 DOU/205/2019

MARUTI SUZUKI 800

1

CL-V

05B-093526K

10

41VC/5 DOU/206/2019

TATA SUMO AMB

2

CL-V

08K-008933W

11K-009764A

11

41VC/5 DOU/207/2019

TATA SUMO AMB

2

08K-008960M

08K-008967H

12

41VC/5 DOU/208/2019

TATA SUMO JAMMER

2

CL-V

07F-004084K

07F-004085E

13

41VC/5 DOU/209/2019

TATA SUMO JAMMER

2

CL-V

07F-004082P

07F-004083M

14

41VC/5 DOU/210/2019

TK 2.5 TON TATA

3

CL-V

09C-085894K

07C-081042W

07C-081831K

15

41VC/5 DOU/211/2019

TK 2.5 TON TATA

3

CL-V

07C-082617A

07C-081478L

08C-085117M

16

41VC/5 DOU/212/2019

TK 2.5 TON TATA

3

CL-V

08C-084900N

04C-072259N

06C-078110Y

CL-V

17

41VC/5 DOU/213/2019

TK 2.5 TON TATA

2

04C-072941W

CL-V

09C-085623E

18

41VC/5 DOU/214/2019

TK 2.5 TON TATA

2

CL-V

05C-076078E

08C-083317P

CL-V

19

41VC/5 DOU/215/2019

TK 2.5 TON TATA AMB

1

00K-006735A

CL-V

MC HH 100CC

1

99A-048930E

20

41VC/5 DOU/216/2019

LY 5/7.5 TON STLN

2

CL-V

10D-183866A

02D-146064E

S No

Lot No

Type of Vehs & BA No

Qty

Cond

21

41VC/5 DOU/217/2019

LY 5/7.5 TON STLN

2

CL-V

06D-168068L

05D-165210Y

22

41VC/5 DOU/218/2019

LY 5/7.5 TON STLN

2

CL-V

10D-182548W

06D-172077M

23

41VC/5 DOU/219/2019

LY 5/7.5 TON STLN

2

14D-194191P

CL-VI

04D-157022N

CL-VI

24

41VC/5 DOU/220/2019

LY 5/7.5 TON STLN

2

CL-V

06D-168898P

10D-184777M

25

41VC/5 DOU/221/2019

LY 5/7.5 TON STLN

3

CL-V

10D-183454E

13D-193042P

03D-151326M

26

41VC/5 DOU/222/2019

2 KL WB

1

05P-016777A

CL-V

27

41VC/5 DOU/223/2019

3.5 TON FAT

2

99E-013464K

CL-VI

99E-013530M

CL-VI

28

41VC/5 DOU/224/2019

3.5 TON FAT

2

97E-012850K

CL-V

99E-013945X

CL-VI

General Terms & Conditions for Online E-Auction by

EGBERT ANDREWS AUCTION MART, 161 Dharamtalla Street, Kolkata-700013.

All payments towards EMD / Security Deposit, balance material value, late payment penalty etc. are to be made by way of e-payment through RTGS/NEFT in favour of EGBERT ANDREWS AUCTION MART.

Details of Bank of auctioneer EGBERT ANDREWS AUCTION MART, Kolkata for e-payment by Buyer only.

Name of the Bank

KOTAK MAHINDRA BANK

Branch

Park Street Branch

RTGS/NEFT/IFSC CODE

KKBK0000322

Account Type

Current Account

Account No.

2611732400

Name of the Company

EGBERT ANDREWS AUCTION MART

Buyer has to inform the details such as amount transferred, date of transfer, buyers bank name, UTR No., Auction No., Lot No., payment type such as EMD, Material Value, GST, Full Value, etc to the DT Official whose name is appearing in the Auction Catalogue on the same day of the date of transaction. EGBERT ANDREWS AUCTION MART will be not responsible of delay in issue of DA etc in case buyers failed to inform through mail.

Note : Sold Lots (except Tyres / Btys and Engines etc which are in nos) will be delivered to the successful bidders duly weighed at civil Weigh Bridge and the cost of weighing the items be borne by the purchasers.

1.    Goods :The goods are sold on as is where is basis and where they lie. The whole of the lot or lots shall be taken from the site of accumulation with all faults and errors in description or otherwise. Quantities, qualities, sizes, measurements, number and weights as stated in online e-auction catalogue are approximate and no warrantee or guarantee shall be implied. Stores are sold on the assumption that bidders have in­spected them and know what they are buying, whether they have first inspected them or not and the principle of caveat emptor will apply. No complaint will be entertained and no reliance must be placed on any description.

2.     Risk : The Goods shall remain at the risk of the buyer from the date of acceptance of his offer by the auctioneer EGBERT ANDREWS AUCTION MART / Stockholder, and they shall not be liable for their safe custody or preservation from that date.

3.      Payment

(i)     The buyer shall deposit EMD at EGBERT ANDREWS AUCTION MART’s office (i.e. within 7 days from the date of auction) by way of E-PAYMENT. The entire balance sale value shall be paid within 10 (ten) days from the date of issue of Acceptance Letter by Egbert Andrews Auction Mart.

(ii)    Payment of not less than 20% (Twenty percent) of the bid amount shall be made as earnest money.

(iii)   Non submission of EMD within the stipulated time will lead to deactivation and deregistration of the concerned buyer, thereby debarring them for at least 6 months in case of back out buyers.

(iv)   Balance of the sale value of the bids accepted will be paid by the buyer by way of e-payment within 17 (SEVENTEEN) days from date of e-auction closing for SOLD lots and within 10 (TEN) days from the date of issue of acceptance letter from the auctioneer EGBERT ANDREWS AUCTION MART for STA lots. If the buyer fails to make payment for the balance sale value by the stipulated date the period for such payment may be extended by the auctioneer EGBERT ANDREWS AUCTION MART / Stockholder or his representative at their discretion on payment of @1% per week or part thereof on the sale value default, to a maximum period of two (2) weeks only.

(v)    After communicating acceptance of the bid or on receipt of communications of its acceptance in cases of lots in which decisions were held in abeyance, if the concerned bidder fails to pay the requisite earnest money for the bid within 7 days of communication of acceptance of the bid sale shall stand cancelled and the lot re-auctioned and in such cases the concerned bidder shall be liable to make good all losses suffered and expenses incurred due to or on account of the re-auction of stores without prejudice to the rights of the Government to take such other action as may be authorised by law.

 (vi) In the event of failure for the payment of balance sale value of any lot purchased by a bidder, within the stipulated period, the sale of such lot shall be cancelled, the earnest money if paid will be treated as accounts deposit and shall be forfeited and the lots shall be re-sold without any notice to the bidder as and when the auctioneer EGBERT ANDREWS AUCTION MART / Stockholder thinks best, and any loss incurred on such resale shall be recovered from the bidder. The auctioneer EGBERT ANDREWS AUCTION MART /Stockholder shall in addition be entitled to recover from the bidder costs of storage, Warehousing or removal of the lot and any expenses incurred in or in connection with its resale or attempted resale, any gain on any resale as aforesaid shall belong to Government.

(vii) In all cases dues under any provincial/local law shall be payable by the purchaser exclusive of the sale value to the Commandant of the Depot before entitling to remove sold goods. Any Octroi Duty, wherever Payable upon the sale of the goods, shall be paid by the purchase direct to the concerned authority in addition to the price. Any other prevailing taxes due in respect of the sale under any law for the time being in force shall be payable by the purchaser in addition to the price.

(viii)    GST as per Government GST rules is to be deposited by concerned buyers under reverse mechanism system on the total sale value of sold lot/lots before taking delivery of sold lot/lots from the stock-holder.

 (ix) For all payments received by the auctioneer, they will issue a stamped receipt to the purchaser and bidder shall in all cases be bound to produce such receipt when called for.

         All taxes are assessed by the concerned Tax Authorities and the rates as determined by them at the time of lifting of materials shall be binding on the buyers for making payments. Any dispute in this regard shall be taken up directly by the buyers with the Statutory Authorities.

4.      DELIVERY

Removal of stores by bidder : The goods sold should be removed by the buyer from the location and position where they lie at his own expenses & own arrangement. If defaulter challenges the decision of the Government then in addition to forfeiture of earnest money, the Govt. reserves right to re-sell the goods at the risk and cost of defaulter and recover the loss suffered in re-sale, ware-house charges and any other expenditure incurred in sale or attempted sale.

The buyer in his own interest should remove the lot(s) within the specified time. In the event of his failure to take delivery the auctioneer EGBERT ANDREWS AUCTION MART / Stockholder or his authorised representative may in his discretion permit the purchaser to remove the said lot(s) or portion thereof within an extended period on payment in advance of compensation charges @ 2% of original sale price per day for the period form original specified date for lifting the date of re-sale.

(a)    The Commandant(s) of the Depot will issue Sale Release orders to the bidders on receipt of the delivery advice issued by EGBERT ANDREWS AUCTION MART.

(b)   Sold lots should be removed by the buyer from the site of accumulation within the period of (30) Thirty days from the Sale Release Order. Deliveries will be made only during working hours on all working days on presentation by the purchaser to the stockholder to copy of Sale Release Order. The purchaser will make his own arrangements at his own expenses for transport and he will not be entitled to claim and facilities or assistance for transport from the auctioneer EGBERT ANDREWS AUCTION MART /Stockholder. Should the original buyer wish to take delivery of the stores purchased through a representative, he must, present the officer in whose charge the stores are held along with an authorization letter attesting signature of the purchaser by the auctioneer EGBERT ANDREWS AUCTION MART. In all cases the buyer has to satisfy such officer that the authority is genuine. Delivery by others will be at the purchaser's sole responsibility and no claim shall be against Government of any account whatsoever, if delivery is effected to wrong person reporting to give his authority.

5.     Failure to take delivery after payment If the buyer having paid the full amount of his purchase money, failed to remove the goods by the date or dates specified in the SRO, the auctioneer EGBERT ANDREWS AUCTION MART /Stockholder may keep the goods at the buyers risk and recover from the buyer compensation @ 2% per day of the original sale price of the lot or lots of portion thereto. On failure to take delivery of the goods or any part thereof from the last date given for removal of goods to the date of final removal of the goods and if the goods are not claimed within two weeks of the date of delivery, Govt., may sell the same without further notice as and when they think best and recover the cost of the sale at its option, treat the defaulter as a breach of contract and cancel the contract.

6.     Recovery of sum due whenever any claim for the payment of money arises out of or under this contract against the buyer the auctioneer EGBERT ANDREWS AUCTION MART /Stockholder shall, without prejudice to any other remedy, be entitled to deduct it from the proceed of such re-sale or to appropriate the said security deposit in whole or in part and in the event or the Security being insufficient the balance may be deducted from any sum then due or which at any time hereafter may become due to the buyer under this or any other contract with the auctioneer EGBERT ANDREWS AUCTION MART /Stockholder and if this is not sufficient, the buyer shall pay balance to the auctioneer EGBERT ANDREWS AUCTION MART /Stockholder on demand.

7.     The buyer shall be responsible for any damage that may be done to the premises in taking down or removing the lot or lots bought by him. The auctioneer EGBERT ANDREWS AUCTION MART / Stockholder or his representative may at his option demand to make good such damage and the buyer shall pay the same on demand by the auctioneer EGBERT ANDREWS AUCTION MART/ Stockholder.

       Damage : The buyer shall make good all damages which may be caused to any property of Govt. or to any other person by any act of default of the buyer, his agents, or servants, in connection with the removal of any of the good.

8.     Corrupt Practice: Any bribe, commission, gifts or advantage given/promised on behalf of the buyer to any representative of the auctioneer Egbert Andrews Auction Mart for obtaining order etc. criminal liability may be bestowed upon the Buyer which may lead to the cancellation of the subject contract and all other contracts and M/s Egbert Andrews Auction Mart/ stock holder will recover all loss resulting from any such cancellation.

9.     The buyer shall not assign or sub-let this contract or any part thereof without the written permission of the auctioneer EGBERT ANDREWS AUCTION MART / Stockholder and even if permitted to do so shall remain liable for fulfillment of the contract.

10.   All disputes and differences arising out of or in any way touching or concerning this contract whatsoever shall be referred to the sole arbitration of any person nominated by the Secretary, MOD or administrative Head under whose administrative Control of Govt may be placed for or the time being of such nomination. There will be no objection to any such appointment that the person appointed is a Govt servant, that he had to deal with the matters to which this contract relates, and that in the course of his duties as such Govt servant has expressed any views on all or any of the matters in dispute or difference. The award of such Arbitrator shall be final and binding on the parties to this contract. It is a term of this contract that in the event of such Arbitrator to whom the matter is origi­nally referred being transferred or vacating his office by resigna­tion or otherwise or being unable to act for any reason, the Secretary, MOD or Administrative Head as aforesaid at the time of such transfer, vacation of office or inability to act, shall appoint another person to act Arbitrator in accordance with the terms of this contract. Such person shall be entitled to proceed with reference from the stage at which it was left by his predecessor. It is also a term of this contract that no person other than a person nominated by the Govtas aforesaid should act as Arbitrator and, if for any reason that is not possible, the matter is not to be referred to arbitration at all.

       Subject to aforesaid, the Indian Arbitration Act, 1940 shall apply.

11.   (i) Every participants should furnish his valid income Tax permanent account Number.

12.    ON-DELIVERY (a) Where goods are sold in lots and not by number of units, in the event of the lot or lots being found to be deficient in quantity, size, measurement, number and weight, as stated in the catalogue, purchaser shall have no claim against the Government or against the auctioneer for refund of the whole or any part of the purchaser money, or for loss of profit, interest, damages.

(b)    Where stores are sold by weight or number, and not on the basis of lots, and the purchaser fails to obtain delivery of the whole or a portion of the stores sold, he shall not be entitled to make any claim other than for proportionate refund of the sale of the undelivered quantity. He shall not be entitled to claim any damages, loss or profit interest or compensation or any other account.

13.   Re-sale will not be recognised and Sale Release Orders will be made out in the name of the actual purchasers only.

14.   In the event of the Auctioneer’s opinion that bidders are forming a ring and fair prices are not being realized for stores offered in e-auction, may stop the sale with the consent of the Stockholder.

15.   The auctioneer EGBERT ANDREWS AUCTION MART / Stockholder reserves the right to defer the decision on the highest bid received for a particular item or items and communicate it subsequently.

16.   The auctioneer EGBERT ANDREWS AUCTION MART / Stockholder reserves the right of withdraw from the sale any lot or lots advertised in the catalogue prior to the acceptance of any bid for such lot/lots without assigning any reasons.

17.   Whenever any claim for the payment of a sum arises out of under this e-auction sale against the buyer, the auctioneer EGBERT ANDREWS AUCTION MART / Stockholder shall without prejudice to any other remedy are entitled to collect such sum of money from the sale proceeds of resale under this contract or any sum thereof due from the buyer under this or any other contract with Government on demand the balance remaining due. No conditional offer shall be entertained.

18.   The auctioneer EGBERT ANDREWS AUCTION MART / CONCERN DEPOT reserves the right to call all the eligible bidder(s) for revised bid along with requisite EMD for any lot.

19.   For hazardous items such as batteries, lead, transformer oil etc, customers registered with MOEF (Ministry of Environment & Forest) are eligible for participation. A copy of MOEF Certificate should be submitted at the time of depositing payment.

20.   GST shall be applicable on the material sold.

 

 

ALL CONTRACTS/TRANSACTIONS ENTERED INTO BY THE BUYER/BIDDER ARISING OUT OF THIS E-AUCTION SHALL BE GOVERNED BY THE INTEGRITY PACT AVAILABLE ON OUR WEBSITE, www.eaamindia.com.