95476 Auction Details Auction No MSTC/WRO/ORDNANCE FACTORY/2/DEHUROAD/15­16/851[95476] Opening Date & Time 23­04­2015::12:00:00 Closing Date & Time 23­04­2015::18:00:00 Inspection From Date 08­04­2015 Inspection Closing Date 22­04­2015 Seller Details Seller/Company Name ORDNANCE FACTORY Location DEHUROAD Street DEHUROAD City PUNE ­ 412101 Country INDIA Telephone 02027670205 Fax 0207671616 Email [email protected] Contact Person R.M.BENDRE LOT NO[PCB GRP]/LOT NAME LOT DESC QUANTITY ED/(ST/VAT) LOCATION Lot No: 265 L.F.NO.9914237894 MILD STEEL SCRAP CLASS­C INCLUDING VARIOUS UNSERVICED CYLINDERS, LIDS, ORD.FACTORY, DEHU ROAD, RINGS CUTTINGS, PUNCHINGS END PIECES AND RUSTY STEEL BOXES SORTS AND 20 MT 12.5 / 5% SIZES. PUNE. State :Maharashtra Lot Name: MILD STEEL SCRAP CLASS C Lot No: 266 L.F.NO.0799983226 ORD.FACTORY, M.S.DRUM SORTS AND SIZES, CLOSE/OPEN MOUTH, RUSTY, DAMAGED WITH/WITHOUT DEHU ROAD, 1000 NO 12.5 / 5% LID AND DRIED WITH PARTIAL PINT. PUNE. State :Maharashtra Lot Name: M.S.DRUM SORTS & SIZES Lot No: 269 L.F.NO.9914232973 ORD.FACTORY, DEHU ROAD, LID FOR DRUM 600 MM DIA RUSTY / M.S. DRUM LID FOR 200/205 LTR CAP. 300 NO 12.5 / 5% PUNE. State :Maharashtra Lot Name: LID FOR DRUM 600 MM Lot No: 270 L.F.NO.2225109999 ORD.FACTORY, DEHU ROAD, TIMBER FIRE WOOD SCRAP. 15000 KG 12.5 / 5% PUNE. State :Maharashtra Lot Name: TIMBER FIRE WOOD SCRAP Lot No: 271 L.F.NO.9914221869 ORD.FACTORY, DEHU ROAD, ALUMINIUM SCRAP (TURNING & BORING ONLY). 1000 KG 12.5 / 5% PUNE. State :Maharashtra Lot Name: ALUMINIUM SCRAP T&B Lot No: 273 L.F.NO.0799983206 ORD.FACTORY, DEHU ROAD, PLASTIC SCRAP. 1500 KG 12.5 / 5% PUNE. State :Maharashtra Lot Name: PLASTIC SCRAP Lot No: 275 L.F.NO.9914226294 ORD.FACTORY, DEHU ROAD, RUBBER SCRAP. 500 KG 12.5 / 5% PUNE. State :Maharashtra Lot Name: RUBBER SCRAP Total No of Lots = 7 Special Terms & Conditions This supersedes General and Buyer specific terms and conditions. VAT rates as indicated in this e­auction catalogue are only indicative. Actual VAT rates as applicable on the date of lifting shall be applicable. Bidders are required to satisfy themselves about VAT rate through their own sources/means before bidding in this e­auction and any discrepancy should be intimated to MSTC / Seller at least one working day prior to the e­auction. No complaint from any bidder thereafter, regarding any variation will be entertained after the e­auction goes on live floor. Nonpayment of sale proceeds on the ground of any discrepancy of VAT rate will be treated as default and action as deemed fit including but not limited to forfeiture of EMD/SD will be taken against the bidder. Contact person at MSTC, Mr.N.V.Purandare,Asstt.Manager, Phone No. 022 22829565 Email id: [email protected] DD/POs of Cooperative Bank shall not be accepted and will be returned without any action being taken on them. MSTC Ltd. shall hereinafter be referred to as MSTC and Ordnance Factory, Dehu Road, Pune as owner/seller for the lots. 1. Definitions: The term MSTC means the selling agents of stockholder and when the context so admits their successors and assignee and any officers acting for them. The stockholder means the commandant of concerned depot for the time being and when the context so admits any office/member acting for him. The buyer means the person, firm or company with whom MSTC/Stockholder concludes the contract for the e­auction, and where the context so permits, includes his person or representative(s) and permitted assignees. 2. Condition of Goods: The goods are sold on as is where is basis. They shall be removed by the buyer with all faults and notwithstanding any errors or misstatement of description, measurement, quantity, weight, enumeration or otherwise and without question on the part of buyer, and no claim shall lie against MSTC/ Stockholder for compensation nor shall allowance be made on account of any such faults, misstatements or errors, although the part of same may be of a considerable nature. In particular the description of the goods may be identical with or similar to description of the goods of some previous sale by e­auction but no reliance must be placed on any such description. The buyer should satisfy himself thoroughly as to what is offered for sale before submitting his e­auction bid, and may inspect the goods prior to bidding and shall be deemed (whether or not such inspection shall have in fact taken place) to have had noticed all defects and faults whether rendering the goods un­merchantable or otherwise and which he might have discovered on inspection and he shall not be entitled to any compensation on account thereof. Nor shall any part to this contract be entitled to claim or otherwise if the goods sold are not available by reasons of not being at the specified place and the contract shall stand cancelled. No complaint will be entertained and no reliance must be placed on any description. 3. Risk : The Goods shall remain in every respect at the risk of the buyer from the date of acceptance of his offer by the MSTC/ Stockholder, and MSTC/Stockholder shall not be under any liability for their safe custody or preservation from that date. 4. Payment : (i) After communicating acceptance of the bid or on receipt of communication of its provisional acceptance in cases of lots in which decisions are held in abeyance, the bidder concerned fails to pay the requisite earnest money for the bid within 7 days of communication of acceptance of the bid, the sale shall stand cancelled and the lot re­auctioned 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 re­auction of stores without prejudice to the rights of the Government to take such other action as may be authorised by law. (ii) Payment of not less than 20% (Twenty percent) of the amount of the bid shall be made as earnest money after closure of the auction and acceptance of the bid. The auctioneer may, however, without assigning any reasons, demand as earnest money, higher percentage up to the full amount of the bid immediately after closure of the auction and in doing so he shall in all cases act in accordance with the directions given by the MSTC/Stockholder or his representative. (iii) The buyer shall deposit EMD by way of DD/PO in favour of General Manager, OFDR. The entire balance sale value shall be paid within 10 (ten) days from the date of issue of Acceptance Letter. The time period of 10 days will be given for making payment of balance sale value. (iv) Balance amount of the sale value of the bids accepted will be paid by way of DD/PO in favour of General Manager, Ordnance Factory, Dehu Road by the buyer within 10 days of sale order. 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 MSTC/Stockholder or his representative at their discretion at the rate or 1% of the sale value per week part thereof on default, to a maximum period of two (2) weeks only. (v) 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 re­sold without any notice to the bidder as and when MSTC/ Stockholder thinks best, and any loss incurred on such resale shall be recovered from the bidder. MSTC/Stockholder shall in addition be entitled to recover form 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. (vi) In all cases dues under any provincial/local law shall be payable by the purchaser (exclusive of the sale value) to MSTC way of DD/PO in favour of General Manager, OFDR along with the balance sale value, exclusive of the 20% EMD which may have already been submitted, before he shall be entitled to remove the goods. Any Octroi Duty, wherever payable upon the sale of the goods, shall be paid by the purchaser, in addition to the price of the goods sold. Any other tax 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. (vii) For all payments submitted with MSTC, Delivery Order shall be issued based upon which delivery of the material can be undertaken by the bidder. (viii) SALES TAX: Sales tax as mentioned in the catalogue/ as applicable has to be paid by way of DD/PO in favour of General Manager, OFDR. (ix) In case the participator is unable to produce the requisite Certificate at the time of issuance of delivery order, TCS @ 1% has to be submitted by the purchaser of the goods in the e­auction. Removal of stores by bidder ­ The goods sold should be removed by the buyer from the position where they lie as per the location, and without packing unless this is specifically stated in contract.