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EGBERT ANDREWS AUCTION MART (Premier
Govt Auctioneers &Valuers) 161,
Dharamtalla Street, Kolkata-13, Ph: (033)40000790-791, Fax: (033)40000778 E-mail
:eaam@eaamindia.com,
Web:www.eaamindia.com WILL SELL BY ONLINE E-AUCTION Under Instructions From The Commander Works Engineer, HQ 136 Works
Engrs E-Auction Location
:www.eaamindia.com E-Auction No.EAAM/11-2020/880 E-Auction Date
&Time : On Monday the 2nd November 2020 at 11 AM Lot Lying at 585 Engr Sub Park IMPORTANT
: The materials list &SPECIAL CONDITIONS OF
SALE displayed under CATALOGUE on EGBERT ANDREWS AUCTION MART’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. The Pre Bid Rs.50,000/-
(Rupees
Fifty Thousand Only) by RTGS/NEFT
only should be deposited by intending
registered bidders with Egbert Andrews Auction Mart, 161 Dharamtalla
Street, Kolkata-13 on or
before31stOctober 2020 after which pre bid amount will not be
accepted. The Pre bid amount in respect of unsuccessful bidders will
be returned after completion of the online e-auction. 1.
EARNEST MONEY: 20% of the sale value
of the accepted bid/bids kept open for acceptance should be paid by the
successful purchaser as earnest money to the auctioneer within 7 (Seven) days
from the date of confirmation by auctioneer on completion of online
e-auction. On failure to deposit the 20% earnest money within scheduled time,
registration cancellation/debarring for at least 3 months & forfeiture
action will be taken against the backout bidder by auctioneer. 2. FOR BALANCE MONEY of the
sale value the purchaser should deposit in RBI/SBI through MRO (to be
collected from auctioneer’s office by the purchaser) within 17 (Seventeen)
days of completion of online auction. It is responsibility of the successful
purchaser to collect the MRO from auctioneer’s office. If the buyer fails to
make the payment of balance sale value within the stipulated period, late
deposit penalty @ 10% of 1% of the sale value per day of default will levied
and collected by the stockholder direct from the purchaser before effecting
delivery of sold lots. 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. SALE RELEASE ORDER will be
issued after full payment is received by the Government. Received Challan
(MRO) for the Balance Money deposited within due date should be produced
without which Sale Release Order will not be released by the stockholder. 5. DELIVERY of Stores/Scrap Lots should
be taken by the purchaser ex-site and within 27 (Twenty Seven) working days
from the date of intimation of acceptance of lots by the auctioneer. Any
delay in removal of stores will attract ground rent @ 2% of total sale value
per day of default. 6. RE-SALE, in no case, will
be recognized. 7. BIDDERS must satisfy
themselves from all the points before bidding and should know what they are
buying. The Government 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. 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
e-auction on scheduled date in the site No.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 sites and bid in above site. 2 Bank
details for RTGS/NEFT
Lot
Lying at 585 Engr Sub Park Lot No.1
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