Updated: 22-04-2015, 05:01 PM E-15-049-BOSCH-A-T&C-CAR Under Instructions From BOSCH LIMITED Hosur Road, Adugodi Plant, Bangalore-560030 For Wrong Bid: During the Auction Process wrong bid will not be accepted. If any party registered their wrong bid then their EMD/ Participation Fees for the wrong bid lot will be forfeited. E-Auction on 30/04/2015 at 11:00 Hrs. onwards www.krauctioneers.in will administer the sale of Arranged Lots of Cars on an "As Is Where Is" basis no segregation is allowed. E-Auction will be on our website www.krauctioneers.in Points to Note for Online Auctionable Material: 1 2 3 4 5 6 7 8 Interested Bidders will submit their refundable participation fee along with Bidders Agreement dully filled, signed & stamped E-Auction will run as per the schedule given on the material list. Bidding is on UOM Basis. Taxes and Duties applicable will be charged extra on the bided rates as mentioned below in the lot details. E-Auction will be conducted for Arranged/ One time basis CARS. All bidders are requested to refer to the final catalogue before bidding available on the website www.krauctioneers.in before the Auction. All terms and conditions as mentioned in this catalogue will be adhered to and honoured by the winning buyers. The bidders are required to register their highest bid during extension period to avoid last seconds rush in bidding. Life time Tax Paid, Insruance not transferreble. Delivery of the vehicle only after transfer of papers in the name of bidder. Fresh Insurance to be obtained in the name of buyer IMPORTANT CONDITIONS: 1) All the bidders are required to make one day Advance payment to the company before the delivery of CARS. Without advance payment, the bidders will not be allowed to take the delivary of CARS. Inspection and Contact Particulars : Adugodi Plant Company Address Bosch Limited, Hosur Road, Adugodi Plant, Bangalore- 560030 KRAuctioneers Offices Inspection Schedule 27 & 28 April 2015 Head Office Pune: Deccan Towers, 5-Mezzanine Floor, Poolgate, Pune- 411001 Branch Office: 26/89, 2nd Cross, Ayappa Garden, Adugodi Post Bangalore- 560030 Branch Office: Ravishekhar Picture, Vali Building, Opp. Sitabuldi Police Stn., Sitabuldi, Nagpur Tel.: 020-26360356, 26361357, Fax: 020-26361359 Last date for Participation Fee upto: Contact Nos. 080-2299 9350 Contact Persons Vinod Deshpande N. R. Ghodke Swanand Joshi Padmanabhan Ravi Kumar Contact Nos. 09561063819 09561063817 09561070444 09886574679 08050227327 At: 10:00 a.m. to 04:00 p.m. Kisan Ramchandra Auctioneers Private Limited, Contact Details BOSCH-Officers Mr. Chikkaramanna C Mr. Mr. Mr. Mr. Mr. Email: [email protected]; [email protected] 29/04/2015 up to 4:00 p.m. E-Auction on 30/04/2015 Page 1 of 11 Updated: 22-04-2015, 05:01 PM E-15-049-BOSCH-A-T&C-CAR SPECIAL NOTES: 1 Allotted Cars must be cleared on or before validity date only. 2 Balance payment should be made one day prior to validity date 3 Non clearance of Car during validity date attracts a penalty of Rs.3000 per day. 4 The Person Collecting car must be accompany valid driving Licence, Emission certificate, while entering the gate. 5 IMPORTANT CONDITIONS: 1) The Successful bidders are required to make full payment to the company by way of DD Or RTGS within SEVEN days from the date of confirmation and after making of full payment company will issue all transfer papers to highest bidder. 2) The highest bidder should get it transferred in his name and also obtain fresh insurance in his name. 3)Invoice and delivery of the car only after transfer of documents and insurance in the name of highest bidder. 4) Resale of Cars will not be allowed. The Cars will be delivered on the same name as appearing in the Registration. No change of name will be accepted. IMPORTANT CONDITIONS: 1) All the bidders are required to make one day Advance payment to the company before the delivery of CARS. Without advance payment, the bidders will not be allowed to take the delivary of CARS. 2) Life time Tax Paid, Insruance not transferreble. Delivery of the vehicle only after transfer of papers in the name of bidder. Fresh Insurance to be obtained in the name of buyer. 3) For participation in all Lots, Bidders are required to pay EMD of Rs. 1,50,000/4) Buyer responsible for transfering the ownership 5) For Participating in e-Auction, EMD DD's are to be drawn in favour of BOSCH LTD., payable at Bangalore. 6) After Finalisation of Lot, 100% full Payment is to be made at respective locations & after the confirmation of delivery from respective branch. EMD DD's will be sent back from BOSCH Bangalore office directly to Party. PAYMENT TERMS: 1 For participation in all Lots, Bidders are required to pay EMD of Rs. 1,50,000/- 2 Payment Method: All payments to be made Strictly by Pay Order/ Demand Draft in the name of “BOSCH Limited”, payable at "BANGALORE": Bidders are required to submit the D.D. of Participation Fees/EMD Lot wise to KRAPL Representative For Auction-Refundable Participation Fee as mentioned against each lot to be paid before Auction. Bidders who are interested for multiple lots, will be allowed to participate by paying the bidder deposit as mentioned below : Bid Validity: 7 working days from the last date of the Auction as mentioned above. During this period, the Deposit of the highest bidder and the second highest bidder shall be retained. Same shall be returned after full payment of EMD made by the winning bidders. (Refunds will be made without interest), initiated against application in writing on their own letter heads.) 3 4 5 If successful bidder failed to deposit the required EMD within the stipulated time then the participation fee paid at the time of registration will be forfeited and “NO COMPLAINTS” in this regards will be entertained. 6 Re-Sale will not be recognized and Release Order will be made out in the name of actual Successful Bidder only. The scrap purchase agreement is being awarded on principal to principal basis and the buyer is not an agent of the company. "Under any circumstances contracted rate will not be revised downward". Page 2 of 11 Updated: 22-04-2015, 05:01 PM E-15-049-BOSCH-A-T&C-CAR 7 8 9 10 1) A. Refund of EMD: Immediately after expiry of the contract the buyer should forward their statement of accounts to sellers Accounts Department. The EMD will be refunded (without any interest) to the buyer after they have cleared all the scrap material in accordance with the terms of the material purchase agreement. The same should be confirmed by Material disposal officer of Bosch Limited. The decision to adjust EMD towards any payment under the Material purchase agreement will be solely at the discretion of the Seller. Payments should be made within validity date and extension of time can be obtained for maximum of a three days and in case the bidder fails to clear the Lot within the extended time EMD & Full payment will be forfeited. (re-validity date should be taken at the time of making full payment on sale intimation by BOSCH Officials) If the payments are not made and items not cleared within the Validity date EMD will be forfeited without any notice. The highest bidder should make full payment (basic + applicable taxes) at Bosch. The material should be cleared within the validity date failing which his full amount will be forfeited Full Payment should be made before one day as per validity date TERMS & CONDITIONS: INSPECTION / EXAMINATION OF CARS AT SITE: The CARS shall be sold on “AS IS WHERE IS’ basis. No complaints whatsoever will be entertained after the bid is made. The bidder is deemed to have inspected, examined reasonably and satisfied himself as to all matters regarding condition, type, quality. No question or claim whatsoever in this respect shall be entertained after submission of the bid. The seller will not be in any manner responsible for any damage/deterioration of the CARS as the saleable CARS are kept in the “Loading/ Unloading” in open space. The Seller shall not be in any manner liable whatsoever for the performance of the CARS. B. The CARS are sold on as is where is basis & it will not carry any Warranty/ Guarantee since this is an auction sale. C. BOSCH Limited / Kisan Ramchandra Auctioneers Pvt. Ltd., shall be under no obligation to put up the lots singly or serially or in any particular manner and they reserve the right to withdraw any lots at any time during the period of Auction without assigning any reason thereof. BOSCH Limited/ Kisan Ramchandra Auctioneers Pvt. Ltd., may refuse to accept any bid from any person/persons without assigning any reason for such refusal. 2) TAXES AND DUTIES A. B. Govt. levies as on date (Taxes and Duties etc.) as applicable will be charged extra on the bided rates. The winning bidder will be liable to provide forms as applicable for concessional Sales Tax while lifting the material. Failing which the seller shall charge Full Sales Tax as per prevailing rates which will be extra & to be borne by the Buyer. C. All Taxes duties like Sale Tax, Terminal Tax, Excise Duty, Cess, TDS/TCS and any other taxes, duties (imposed) whether payable to the Central Government or to the State Government or to the Municipal, Local or other authorities shall be deposited by the buyer with the Seller along with the purchase money as part of the payment. Any revision in Government levies such as Excise Duty, Sales Tax and any other taxes, during the validity of the scrap purchase agreement, will be strictly debited to buyer's account. The buyer should furnish copies of his Sales Tax Registration Certificate, Excise Registration, PAN, incase required by the seller. Wherever KVAT% is applicable, Tax will be collected @ 2% against C Form only. LIFTING RULES, NORMS AND DELIVERY OF MATERIAL: The buyer will make his own arrangement for Collection and transportation of the CARS from the seller's premises. Buyer will not be entitled to claim any further facility or assistance in this regard. D. E. 3b) A B C D Loading plans should be intimated to Security and Stores/ Transport Department one day in advance by the buyer. Re-Sale will not be recognized and Release Order will be made out in the name of actual Successful Bidder only. CARS should be cleared as per delivery schedule given by the company E Bidders should take Prior Appointment 24 Hours in advance for clearance of material Page 3 of 11 Updated: 22-04-2015, 05:01 PM E-15-049-BOSCH-A-T&C-CAR 4) A. FORFEITURE / PENALTY: EMD DELAY: In case of delay in making the payment penalty at the rate of 0.2% per day (prorata) of the material value will be charged. On further delay beyond 1 week (plus extension granted if any by the seller in special cases), the bidders deposit will stand forfeited. In such a case the bidder will be declared as backed out and the seller may offer the contract to the 2nd highest bidder. B In the event of the buyer committing any breach of the terms and conditions and the buyer fails to satisfactorily execute the scrap purchase agreement, the seller reserve the right to terminate the scrap purchase agreement and forfeit part / full earnest money deposit. FORCE MAJEURE CLAUSE Seller shall not be liable for non-performance of any contract either wholly or in part nor for any delay in performance resulting due to cases beyond seller’s control including fire, strikes, lock-out, closure, dispute with workmen, uncertain and unstable labour situation, war, riots, civil commotion, pestilence, epidemic, floods, accidents, damage or requirements of Government force or any circumstances. Should seller so determine shall be entitled at any time without notice to the buyer to cancel any contract, the performance of which is likely to be delayed by any of the cause aforesaid and in such cases, the buyer shall have no claim upon the seller of any kind, The provision of this paragraph shall not be limited or abrogated by any other terms of the contract whether printed or written nor will be provision of this clause abrogate or limit the effect of any other clause mentioned in these terms and conditions. 5) A. B. 6) A B 7) A B C 8) A B C D 9) In case any buyer purchases a lot and after making full or part payment removes part of the Lot and fails to remove the balance lot then, after the stipulated time is over (including the extension granted if any), the lot will be treated as abandoned and whatsoever money is paid for the lot will be forfeited along with the EMD etc. and the balance lot will be disposed off by Seller as it deems fit. ADDITIONAL TERMS AND CONDITIONS The seller will permit the buyer and or their employees to enter the factory premises of the seller for limited purpose of providing the services. The seller shall recover damages or loss caused to its property arising out of buyer's employee work or owing to any other act or omission on buyer's part and/or buyer's workers and/or supervisor and/or buyer's representatives and that the buyer will undertake to pay the cost to the seller. GENERAL The highest A Auction ction bid bid, if not meeting the reserve ese e p price, ice will ill be 's 'subject bject to the app approval'. o al' The A Auction ction administ administrator ato of KRAuctioneers KRA ctionee s and the selle seller will ill s supervise pe ise together the Auction sale and reserve the right to accept or reject such highest bid without declaring any reasons whatsoever. Such decision will be given to the highest bidder within there period mentioned above payment terms. The Seller and KRAuctioneers reserves the right at its discretion to withdraw any lot prior to commencement of Auction without assigning any reasons thereof. The Auctioneer may even refuse to accept any bid from any person, at any time without assigning any reasons for such refusal. Successful execution of the contract will mean regular clearance of the lot sold from specified location and payment of complete transaction money inclusive of Duties, levies and taxes within specified time frame. D/S - Dismantled and Scrapped , ABIDANCE BY Seller's RULES AND REGULATIONS, SAFETY AND DISCIPLINE The buyer, their servants and agents shall be required to abide by all specific generals regulations of safety and discipline within the seller’s premises. The material will be handled by the buyer, their servants/agents at their own risk and any loss/damage whatsoever to any individual or property in such handling or as a consequence thereof shall be the sole responsibility of the buyer. Buyers will observe safety rules and ensure safe working while executing the scrap purchase agreement. The buyer shall take necessary preventive measures for the safety of their workers as well as other persons at the place of work. Buyer shall abide by all the rules and regulations applicable to them and shall indemnify the company against any loss or liability suffered on account of noncompliance of any of the rules and regulations. ARBITRATION AND JURISDICTION All disputes and differences arising out of this E-Auction / contract shall be referred to the sole arbitration of seller or his nominee and the award of such arbitrator shall be binding on both the parties. The contract shall be subject to the jurisdiction of Bangalore Courts only. Page 4 of 11 E-15-049-BOSCH-A-LIST OF CARS Lot No. DESCRIPTION OF ITEMS Type of Fuel Updated: 22-04-2015, 05:01 PM Approx Qty UOM Available Required Excise KVAT % TCS EMD/ Frequency Duty % Participation of Clearance % Fee Rs. *AUTO EXTENSION: If any bid registered in the last 3 Minutes that Particular Lots Only will be extended. This extension of 3 minutes will be given till the bid is getting registered. If no bid registered in the last 3 minutes lot will be automatically closed. Date: 30/04/2015: Time: 11.00 To 12.00 Hrs (*Unlimited Extension) 528 Used Maruti Swift A/c. Regn KA 01 MD 7523 Model 2008, DIESEL 1 LOT Immediate 0% 5.50% 0% 30,000 Jack, Jack Handle, Wheel Spanner and Stepney. Life time Tax Paid, Insruance not transferreble. Delivery of the vehicle only after transfer of papers in the name of bidder. Fresh Insurance to be obtained in the name of buyer (KM Approx 94000) 529 Used Maruti Swift A/c. Regn KA 01 MD 7558 Model 2008, Jack, Jack Handle, Wheel Spanner and Stepney. Life time Tax Paid, Insruance not transferreble. Delivery of the vehicle only after transfer of papers in the name of bidder. Fresh Insurance to be obtained in the name of buyer (KM Approx 52000) DIESEL 1 LOT Immediate 0% 5.50% 0% 30,000 530 Used Toyota Altis A/c. Regn KA 01 ME 8052 Model 2009, Jack, Jack Handle,, Wheel Spanner p and Stepney. p y Life time Tax Paid,, Insruance not transferreble. Delivery of the vehicle only after transfer of papers in the name of bidder. Fresh Insurance to be obtained in the name of buyer (KM Approx 99000) PETROL 1 LOT Immediate 0% 5.50% 0% 30,000 531 Used Maruti Swift A/c. Regn KA 01 ME 9364 Model 2009, Jack, Jack Handle, Wheel Spanner and Stepney. Life time Tax Paid, Insruance not transferreble. Delivery of the vehicle only after transfer of papers in the name of bidder. Fresh Insurance to be obtained in the name of buyer (KM Approx 46000) DIESEL 1 LOT Immediate 0% 5.50% 0% 30,000 532 Used Chevrolet Aveo A/c. Regn KA 01 MJ 7359 Model 2010( Migrated vehicle), Jack, Jack Handle, Wheel Spanner and Stepney. Life time Tax Paid, Insruance not transferreble. Delivery of the vehicle only after transfer of papers in the name of bidder. Fresh Insurance to be obtained in the name of buyer (KM Approx 30000) PETROL 1 LOT Immediate 0% 5.50% 0% 30,000 Page 5 of 11 E-15-049-BOSCH-A-LIST OF CARS Lot No. DESCRIPTION OF ITEMS Type of Fuel Updated: 22-04-2015, 05:01 PM Approx Qty UOM Available Required Excise KVAT % TCS EMD/ Frequency Duty % Participation of Clearance % Fee Rs. *AUTO EXTENSION: If any bid registered in the last 3 Minutes that Particular Lots Only will be extended. This extension of 3 minutes will be given till the bid is getting registered. If no bid registered in the last 3 minutes lot will be automatically closed. 533 Used Fiat Linea A/c. Regn KA 01 MF 7646 Model 2010, Jack, Jack Handle, Wheel Spanner and Stepney. Life time Tax Paid, Insruance not transferreble. Delivery of the vehicle only after transfer of papers in the name of bidder. Fresh Insurance to be obtained in the name of buyer (KM Approx 25000) PETROL 1 LOT Immediate 0% 5.50% 0% 30,000 534 Used Maruti Omni A/c. Regn KA 01 P 6260 Model 1999, Jack, Jack Handle, Wheel Spanner and Stepney. Life time Tax Paid, Insruance not transferreble. Delivery of the vehicle only after transfer of papers in the name of bidder. Fresh Insurance to be obtained in the name of buyer (KM Approx 73000) PETROL 1 LOT Immediate 0% 5.50% 0% 30,000 535 Used Santro A/c. Regn KA 01 ML 2988 Model 2008( Migrated vehicle), Jack, Jack Handle, Wheel Spanner and Stepney. Life time Tax Paid, Insruance not transferreble. D li Delivery off the th vehicle hi l only l after ft transfer t f off papers in i the th name of bidder. Fresh Insurance to be obtained in the name of buyer (KM Approx 69000) 536 Used Maruti Swift A/c. Regn KA 01 MJ 5883 Model 2009, Jack, Jack Handle, Wheel Spanner and Stepney. Life time Tax Paid, Insruance not transferreble. Delivery of the vehicle only after transfer of papers in the name of bidder. Fresh Insurance to be obtained in the name of buyer (KM Approx 59000) PETROL 1 LOT Immediate 0% 5.50% 0% 30,000 DIESEL 1 LOT Immediate 0% 5.50% 0% 30,000 Special Note: 1) Life time Tax Paid, Insruance not transferreble. Delivery of the vehicle only after transfer of papers in the name of bidder. Fresh Insurance to be obtained in the name of buyer. 2) For participation in all Lots, Bidders are required to pay EMD of Rs. 1,50,000/3) Buyer responsible for transfering the ownership 4) For Participating in e-Auction, EMD DD's are to be drawn in favour of BOSCH LTD., payable at Bangalore. 5) After Finalisation of Lot, 100% full Payment is to be made at respective locations & after the confirmation of delivery from respective branch. EMD DD's will be sent back from BOSCH Bangalore office directly to Party. Page 6 of 11 Update: 22-04-2015, 05:01 PM E-Auction No.: E-15-049 E-Auction on Behalf of BOSCH Limited, Adugodi Plant, Bangalore BIDDERS REGISTRATION FORM CONSENT TO WORKMEN’S COMPENSATION INSURANCE CLAUSE Date: __/__/2015 Agreed & Signed by, Name Signature Name of Firm/ Company Place & Date Registration Details:: Name of Firm for Registration Correspondence Address : M/s. _______________________________________________ : ___________________________________________________ : ___________________________________________________ : ____________________________ PIN- |__|__|__|__|__|__| Mobile No. (SMS/Login Details Purpose) Contact Person: Email ID (All Caps) PAN (with Xerox)VAT/TIN No.Factory and/or Godown Address: : |0|___|___|___|___|___|___|___|___|___|___| : ___________________________________________________ : ___________________________________________________ : |___|___|___|___|___|___|___|___|___|___| : |___|___|___|___|___|___|___|___|___|___|___| : ___________________________________________________ : ___________________________________________________ Telephone Nos.: Fax No.: :CODE: __________- __________________________________ :CODE: __________- __________________________________ License Details: PF Reg. No.ECC Code No.ESI Reg. No.CSTExcise No.MPCB Reg. No.CPCB Reg. No.SPCB Reg. No.Shop Act No.- : ___________________________________________________ : ___________________________________________________ : ___________________________________________________ : ___________________________________________________ : ___________________________________________________ : ___________________________________________________ : ___________________________________________________ : ___________________________________________________ : ___________________________________________________ Signature and Seal E-15-049-BOSCH-A-AGREEMENT-CAR Page 7 of 11 Update: 22-04-2015, 05:01 PM BIDDER PARTICIPATION DETAILS NAME OF FIRM : M/s.________________________________________________ CONTACT PERSON : _____________________ MOBILE : __________________ DD AMT. RS. : _____________________ DD NO. : __________________ DD DATE : _____________________ BANK : __________________ Mobile No. on which Login ID/Password to be informed: |__|__|__|__|__|__|__|__|__|__| Bidders will be issued single login ID & password for all their registered lots. *AUTO EXTENSION: If any bid registered in the last 3 Minutes that Particular Lots Only will be extended. This extension of 3 minutes will be given till the bid is getting registered. If no bid registered in the last 3 minutes lot will be automatically closed. Whichever your choice of Lot/Lots please select by marking 30/04/2015 Time: 11.00 To 12.00 Hrs (*Unlimited Extension) Part 1 Lot No. 528 529 530 531 532 533 534 535 536 Participation fee Rs. 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 Special Note: Life time Tax Paid, Insruance not transferreble. Delivery of the vehicle only after transfer of papers in the name of bidder. Fresh Insurance to be obtained in the name of buyer IMPORTANT CONDITIONS: 1) All the bidders are required to make one day Advance payment to the company before the delivery of CARS. Without advance payment, the bidders will not be allowed to take the delivary of CARS. 2) Life time Tax Paid, Insruance not transferreble. Delivery of the vehicle only after transfer of papers in the name of bidder. Fresh Insurance to be obtained in the name of buyer. 3) For participation in all Lots, Bidders are required to pay EMD of Rs. 3,00,000/4) Buyer responsible for transfering the ownership 5) For Participating in e-Auction, EMD DD's are to be drawn in favour of BOSCH LTD., payable at Bangalore. 6) After Finalisation of Lot, 100% full Payment is to be made at respective locations & after the confirmation of delivery from respective branch. EMD DD's will be sent back from BOSCH Bangalore office directly to Party. E-15-049-BOSCH-A-AGREEMENT-CAR Signature and Seal Page 8 of 11 Update: 22-04-2015, 05:01 PM BIDDER AGREEMENT BOSCH Limited, Adugodi Plant, Bangalore This Agreement is signed on __________ (“Effective Date”) by and between : Kisan Ramchandra Auctioneers Pvt. Ltd., (Hereafter referred to as “KRAPL”.) AND M/s. ____________________________________ (Hereafter referred to as “Bidder”) The “BIDDER” & "KRAPL" shall be known individually as “PARTY” & collectively as “PARTIES” Purpose: The purpose of this agreement is to confirm that the 'BIDDER' is authorized to bid on the Auction being conducted by KRAPL’s KRAuctioneers marketplace for saleable material of 'SELLER': Bosch Limited, Adugodi Plant, Bangalore. (Hereafter referred to as "BOSCH") For this purpose the parties confirm the following: 1 2 3 4 5 6 7 8 The bidder has read and understood the on-line Auction catalogue for the same on www.krauctioneers.in, Points to Note, Inspection and Contact Particulars, Payment Terms, General Terms & Conditions, detailing of the material to be Auctioned, the lotting, the basis of bidding, the bidding procedure, Lifting Requirement. All the information pertaining to weights, condition etc, which has been mentioned in the Auction Catalogue by KRAPL, is to the best of its knowledge to facilitate the bidding. The bidding basis is as mentioned in the Catalogue and for the items are on an “as is where is” and "no complaints" basis. The Bidder is deemed to have inspected and satisfied himself about the Quality, quantity and location of the items being Auctioned. The bidder has paid the refundable bidder deposit of Rs. _______________ towards activation of the login ID and password to enable bidding. The payment details are as under: DD no. __________ dated ____________ drawn on bank _________________ payable as applicable. (The bidder deposits will carry no interest on it.). The last date for accepting participation fee/ registration is 29/04/2015 up to 4:00 p.m. only. No participation fee/ registration will be accepted after this date & timing. The buyer agrees to accept the Login ID and Password issued to him 1day prior to the Auction. And that he has read and understood the bidding process on the www.krauctioneers.in platform. And that it would be his responsibility incase he does not prefer to change the password upon receipt. On winning the lot in the Auction, the winning bidder confirms that the EMD, as defined and instructed in the Auction catalogue shall be made. The bidder Authorizes KRAPL to confiscate the bidder participation fee in case the EMD is not made as defined. KRAPL reserves the right to offer the lot in this case to the next highest bidder. Bidder agrees to honour his bids, if offered the material within the bid validity period. Failure to do so will entail forfeiture of the bidder's deposit & EMD if paid. Bidder agrees to compensate to Bosch/ KRAPL the loss in transactions it may suffer incase of backout/ non performance by the bidder to the terms and conditions of this agreement. The bidder confirms compliance to the procedure of the balance payment to be made to Seller as defined in the Auction catalogue terms and conditions. 9 The bidder hereby confirms that the refund of the deposit should be made in the name of the company as mentioned above. 10 The bidding amount against the Login ID allocated to the bidder is captured accurately in the software system during the bidding process. The record of each bid is maintained by KRAPL. In event of any doubts arising after the Auction event, the software record shall be treated as final. 11 The bidder is hereby legally bound to have accepted the price as per the bid in the software record maintained by KRAPL. If approached by KRAPL as the winning bidder, the bidder shall honour the EMD procedure. 12 Kisan Ramchandra Auctioneers Pvt. Ltd. (KRAPL) runs its business on the basis of a robust System. KRAPL has outsourcing server space from third party hosting company & hence will ensure the smooth running in all good faith & intention. However KRAPL shall not be responsible for any failure of POWER, NETWORK, SERVER, HOSTING SERVER, INTERNET CONNECTIVITY, ISP or otherwise either at Bidder’s end or at KRAPL. However, KRAPL encourages the bidder to immediately get in touch with KRAPL and report the problem, during the bidding, to request for any help. E-15-049-BOSCH-A-AGREEMENT-CAR Signature and Seal Page 9 of 11 Update: 22-04-2015, 05:01 PM 13 KRAPL shall flash important messages during the Auction in the bidding screen. The Bidder is responsible for seeing and understanding the messages. The bidder for any clarifications can seek KRAPL market-maker’s help on the same. The Auction messages are deemed to be a part of the catalogue. KRAPL reserves the right to alter and inform the contents of the Catalogue before the start of the Auction. The Catalogue posted on www.krauctioneers.in, during the Auction Period would be treated as the final one. The bidder shall be responsible for checking the catalogue for any updates as might arise prior to the start of the Auction. The Bidder shall be bidding on the basis of the commercial terms as mentioned in the Auction Catalogue. 14 15 16 The bidder understands the rights of bidding for this Auction is reserved. In case of observed irregularities which can affect the bidding process, the bidder will be disabled. KRAPL shall have final authority in this matter. The bidder has received and accepted the conditions given in the catalogue, issued upon signing up this Agreement. 17 18 ARBITRATION AND JURISDICTION: All disputes and difference arising out of this Auction/contract shall be referred to the sole arbitration of seller or his nominee and the award of such arbitrator shall be binding on both the parties. The contract shall be subject to the jurisdiction of Bangalore Courts only. Note: 1 2 Bidders are required to submit the D.D. of Participation Fees/ EMD Lot wise All the Bidders are required to submit their Registration form and D.D.’s of Participation Fee/ EMD to the representative of KRAPL who will be available at 26/89, 2nd Cross, Ayappa Garden, Adugodi Post Bangalore- 560030 on 29/04/2015 up to 4:00 p.m. Name of KRAPL Representative Mr. Padmanabhan, M-09886574679 & Mr. Ravi Kumar M-08050227327 3 Payment for CARS should be made in full immediately on confirmation & the clearance of the said CARS should be completed within 7 working days. Allotted cars must be cleared on or before validity date only. 4 Balance payment should be made one day prior to validity date 5 Non clearance of Car during validity date attracts a penalty of Rs.3000 per day. 6 I/we have read & understood all the Terms & Conditions of Online Auction Sale & only after understanding all the clauses I/we am/are signing this AGREEMENT. AGREEMENT SIGNED BY Name of Firm: : M/s. ________________________________________________ Contact Phone/ Mobile: : ____________________________________________________ Authorised Person & Signature : _________________________ ____________________ COMPANY SEAL/STAMP E-15-049-BOSCH-A-AGREEMENT-CAR Signature and Seal Page 10 of 11 NOTE–E-AUCTION PROCEDURE A) For Participating Bidders i) The interested bidders should inspect all scrap lots on stipulated date & satisfied themselves in all respect. In case of any queries they can contact at concerned Branch Office on the Cell No. & Email ID given in our e-Auction Catalogue. ii) The bidders having inspected scrap lots need to make a DD for for the Amount shown against each lot show in e-Auction Catalogue drawn in the favour of Bosch Ltd., payable at Bangalore & complete registration forms in all respect & should be submited to Pune Office. They can also courier the same to Pune Office of Kisan Ramchandra Auctioneers Pvt. Ltd. on or before 25.04.2015 on the following address. Kisan Ramchandra Auctioneers Pvt Ltd; Deccan Towers, 5-Mezzanine Floor, Poolgate, Pune-411 001 Tel:020-26361357, 26360356, Fax:020-26361359 iii) The bidders who would be qualified to participate into e-Auction would be allotted ‘Login ID’ & ‘Password’ which can be used to access e-Auction interface on the website of Kisan Ramchandra Auctioneers Pvt. Ltd. Having done so they have to make a note of Opening Rates & Increment values appearing on the screen & submit their bids to the best of their judgment during stipulated declared time only. iv) For any assistance the bidders may contact below named representatives of Kisan Ramchandra Auctioneers Pvt. Ltd. Sr. No. 1 2 3 Contact Persons Mr. Vinod Deshpande Mr. N. R. Ghodke Mr. Swanand Joshi Contact Nos. 09561063819 09561063817 09561070444 Email ID [email protected], [email protected], [email protected], [email protected]
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