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1 / 9 Eicher Engineering Components www.salasarauction.com e - Auction Portal of” Salasar Core Solution Pvt Limited 104, Ist Floor , Vasudeo Chambers, Mulund Link Road , Bhandup(W) Mumbai 400078 Phone 022-25660141 Mobile No. 9320445534 / 9320589231 Mail ID: [email protected] “Seller Means” Eicher Engineering Components VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) 78-86, Industrial Area No. III A. B. Road, Dewas - 455001 , India On As is where is basis E-Auction Date & Time 29 th December 2015 03:00 PM Onwards Last Date to Submit EMD 28 th December 2015 before 04:00 PM Submission of Mandatory Documents Self Certified Photo Copy of CST & TIN Number Firm Registration certificate PAN number Address Proof IT return acknowledgement for Last Year Bank Statement & Cancelled signed cheque Inspection Date and Time Date : 11 th Dec 2015 to 28 th Dec 2015 Time: 10.00 AM to 4.00 PM. With Prior Appointment Inspection Place Eicher Engineering Components VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) 78-86, Industrial Area No. III A. B. Road, Dewas - 455001 , India Earnest Money Deposit (EMD) 1. Earnest Money Deposit: As per Annexure 2. For participating at our e-Auction, the intending bidders shall pay refundLiable Earnest Money Deposit (EMD) as mentioned herein above in favour of Eicher Engineering Componentspayable at Dewas3. EMD will not be accepted on Auction Date. 4. Registration form duly filled is must and TIN & PAN registration copies must be enclosed. 5. EMD of unsuccessful participants will be sent back within three working days after completion of auction through courier / Registered Post at bidder’s risk to the address given by them on registration form. 6. EMD shall bear no interest. After getting confirmation from Seller, EMDs of successful bidders will be sent to Seller to deposit as security deposit. Security Deposit will be refund after successful completion of lifting and shall bear no interest. Additional Lots and / or Revised Quantity Updated Quantity, if any, will be Declared before starting of e Auction. Please check for updates regularly on website. Rate, Taxes and Duties Excise, Sales Tax, TCS or any other taxes as appliCableunder the relevant Act will be charged extra at the rate prevailing at the time of delivery and the rate offered shall be exclusive of all taxes. Start Bid and Increment Will be displayed at the time of auction. Quantity Qty indicated is approx and may vary and all the lots are to be sold on ground clearance basis. Submission of “C” Form Buyers who are not in position to submit C form in advance have to deposit difference of sales tax (full tax - concessional tax charged) for entire lot along with first installment of payment and same will be refunded on submission of C form. Buyers should submit form C for purchase of a period ending Quarter has to submit their form C before completion of Subsequent quarter (i.e. Three months

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Eicher Engineering Components www.salasarauction.com

“e - Auction Portal of”

Salasar Core Solution Pvt Limited

104, Ist Floor , Vasudeo Chambers, Mulund Link Road , Bhandup(W)

Mumbai – 400078 Phone – 022-25660141

Mobile No. 9320445534 / 9320589231 Mail ID: [email protected]

“Seller Means”

Eicher Engineering Components

VE Commercial Vehicles Ltd.

(A Volvo Group and Eicher Motors joint venture)

78-86, Industrial Area No. III A. B. Road, Dewas - 455001 , India

On As is where is basis

E-Auction Date & Time 29th December 2015 03:00 PM Onwards

Last Date to Submit EMD 28th December 2015 before 04:00 PM

Submission of Mandatory Documents

Self Certified Photo Copy of CST & TIN Number Firm Registration certificate PAN number Address Proof IT return acknowledgement for Last Year Bank Statement & Cancelled signed cheque

Inspection Date and Time Date : 11th Dec 2015 to 28th Dec 2015

Time: 10.00 AM to 4.00 PM. With Prior Appointment

Inspection Place

Eicher Engineering Components VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) 78-86, Industrial Area No. III A. B. Road, Dewas - 455001 , India

Earnest Money Deposit (EMD)

1. Earnest Money Deposit: As per Annexure 2. For participating at our e-Auction, the intending bidders shall pay

refundLiable Earnest Money Deposit (EMD) as mentioned herein above in favour of “Eicher Engineering Components” payable at “Dewas”

3. EMD will not be accepted on Auction Date. 4. Registration form duly filled is must and TIN & PAN registration copies

must be enclosed. 5. EMD of unsuccessful participants will be sent back within three working

days after completion of auction through courier / Registered Post at bidder’s risk to the address given by them on registration form.

6. EMD shall bear no interest. After getting confirmation from Seller, EMDs of successful bidders will be sent to Seller to deposit as security deposit. Security Deposit will be refund after successful completion of lifting and shall bear no interest.

Additional Lots and / or Revised Quantity

Updated Quantity, if any, will be Declared before starting of e Auction. Please check for updates regularly on website.

Rate, Taxes and Duties

Excise, Sales Tax, TCS or any other taxes as appliCableunder the relevant Act will be charged extra at the rate prevailing at the time of delivery and the rate offered shall be exclusive of all taxes.

Start Bid and Increment Will be displayed at the time of auction.

Quantity Qty indicated is approx and may vary and all the lots are to be sold on ground clearance basis.

Submission of “C” Form

Buyers who are not in position to submit C form in advance have to deposit difference of sales tax (full tax - concessional tax charged) for entire lot along with first installment of payment and same will be refunded on submission of C form.

Buyers should submit form C for purchase of a period ending Quarter has to submit their form C before completion of Subsequent quarter (i.e. Three months

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from the last date of quarter ending). If fails, we will issue Debit Note for non issue of form C along with interest @ 15% as per State VAT Regulation Act and the same amount will be deposited with VAT Dept. which will not be refundable. Period of Quarter: (April-June), (Jul-Sep.), (Oct- Dec.) and ( Jan- Mar.).

Result Declaration

Within 7 day from date of e- Auction.

ON RECEIPT OF CONFIRMATION OF SALE, PURCHASER SHALL MAKE BALANCE PAYMENT IN ADVANCE WITHIN SCHEDULE TIME WITHOUT WAITING FOR ANY SALE ORDER OR DELIVERY ORDER.

Lots will be sold on “Subject to Confirmation” basis; the purchaser will be intimated by email by (E auctioner) the confirmation or rejection of lot, as the case may be. Result of “Subject to Confirmation will be declared within 7 working day from the date of auction.

Delivery

Delivery schedule will be displayed on website for respective lot/material during Auction. Strict time bound delivery clause shall be adhered and no extension shall be given afterwards, in case of failure, we reserve the right to forfeit the security deposit and disposed off the said Material as deemed fit without any compensation to you.

Loading and transportation will be arranged by buyer along with his equipments.

Forfeiture of Earnest Money Deposit

1. In case of failure of the purchaser to comply with the conditions EMD condition as above), the Seller may at its discretion, terminate the contract and the EMD paid by the purchaser will stand forfeited for the breach of contract by the purchaser. The lot in question will be re-sold by the Seller, without any reference to the purchaser, to any other buyer at the risk of the defaulting purchaser. The lots paid for must be completely removed at the purchaser's expense within the schedule period specified. If any lot is not removed within this specified period, the Seller may re-sell / re-auction the said lot or portion thereof at the purchaser's risk and expense.

2. EMD Deposit will stand forfeited in the event of the purchaser not removing the lots within the specified time.

3. In case of Failure to lift the sold lot, Salasar Core Solutions Pvt ltd and EICHER ENGINEERING COMPONENTS 3at its sole discretion may debar the buyer for all future auctions of all other companies. EICHER ENGINEERING COMPONENTS ’s Decision will be final in this regard.

INSTRUCTIONS TO THE e-AUCTION PARTICIPANTS

1. Bidders are requested to fill up the Registration Form Completely and attach the same with EMD,

without which EMD will be returned back/ not considered.

2. All those who have registered online and wish to participate in the auction, should send their

Earnest Money Deposit (EMD) by RTGS/DD favoring Eicher Engineering Components

payable at Dewas, along with details in the Registration Form and Profile Form attached

herewith through courier or personally and obtain necessary receipt for the same. Please do not

mention your Password in your letter. EMD must reach the Auctioneers as mentioned in

cover page.

3. Forms received thereafter or on the day of eAuction for becoming Registered Participants

will be rejected out rightly and such bidders will not be allowed to participate at the Live-

Auction and their DD will be returned to them through Courier at his/their risks. Hence, in

your own interest, you are requested to complete all the formalities to become Registered

Participant in advance and well in time.

4. Please Note the DD against EMD must be received by EEC/us in advance along with

Registration Form and Profile Form attached herewith on or before date and time

mentioned above. The Auctioneers / Seller are not Liable for the delay or late receipt of DD

whether sent through Courier or Post.

5. Please do not reveal / pass your User ID and Password to any other person/s. It is your personal

property and we will not be responsible for any leakage or misuse or illegal use of your User ID

and Password. Nevertheless, you will be held personally Liable to the Seller and the Auctioneers

for any misuse or illegal use of your User ID and password by other person/s and any successful

transaction online by such unauthorized person due to your negligence will be considered as your

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own transaction and you will be required to fulfill the contract as per terms and conditions of the

sale.

6. EICHER ENGINEERING COMPONENTS reserves the right to modify and amend the terms &

conditions and announce the same at any time before the auction concludes. Announcements

during the auction on the website including announcement of any additional conditions OR

correction in the catalogue and/or additions or deletions of items being offered for sale are being

done with the consent and knowledge of the seller, and it is binding on the bidder.

7. Participation and bidding in this Auction shall be treated as conclusive evidence of the fact that

the bidder has inspected the Auction Property and the documents pertaining to it and is satisfied

in all respects regarding quantity, quality, condition of the Auction property, taxes and duties, and

other extraneous factors and the Principle of Caveat Emptor (let the buyer beware) will apply. It

shall also imply that the bidder has carefully gone through and understood the terms and

conditions of Auction including the amendments if any, prevailing at the time of Auction.

Seller/SCSPL will not entertain any complaints or objections once Bid is placed.

8. Seller./SCSPL does not give warranty or guarantee of the quality, quantity, measurement,

condition Chemical composition of each individual item/s or lot/s that form the auction property

and about its “End Use” or fitness for a particular purpose. Sale is on “ AS IS WHERE IS

BASIS “ and “ NO COMPLAINT BASIS “.

9. 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 Auction Property 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 there of. In the event of such

rejection/ cancellation/ withdrawal, SELLER, shall refund the value of Auction Property, if paid

for, to the successful bidder. SELLER shall not be responsible for any damages/loss whatsoever

to the successful bidder on account of such withdrawal.

10. In the event of failure on the part of the successful bidder to fulfill his contractual obligations,

seller / SCSPL reserves the right to debar such bidder from participating in any future auction

conducted by SCSPL on behalf of seller.

11. The prospective bidder has to register with the SCSPL.

12. On payment of EMD, and on satisfying the pre-qualification norms as may be fixed from time to

time by EICHER ENGINEERING COMPONENTS , SCSPL will activate the User – Identity to

enter into Website www.salasarauction.com

13. Bidders SHOULD NOT disclose their PASSWORD to anyone and safeguard its secrecy. Bidders

are advised to change the Password. 14. Advised to change the Password. 15. Time Extension: If any market-leading bid (bid higher than the highest at the point in time) is

received within the last 3 minutes (“Time Extension” as mentioned in the Bidding Room will be in force & 3 Minutes is an example) of closing time, the time will be extended automatically by 3 minutes.

16. Training: SCSPL will provide training (online) if required by the bidders at a mutually

convenient date and time before the Auction.

17. Bids: All bids placed are legally valid bids and are to be considered as bids from the bidder

himself. Once the bid is placed, the Bidders cannot reduce or withdraw the bid for whatever

reason. If done so, the seller will forfeit the EMD. The highest and the latest bid on the Auction

shall supersede all the previous bids of the bidder. Bidders may please note that in the event of a

manual bid amount matching that of an auto bid, the manual bid will prevail and be considered.

The bidder with the highest offer/ bid does not get any right to demand acceptance of his Bid.

18. Auto Bid: - a. Auto Bid facility is provided for bidders intending to place a maximum value for a lot/lots.

b. Auto bid is not a confirmed bid. It is only the maximum ceiling amount set by the bidder to

enLiable the auction engine to place bids on his behalf, whenever he is outbidded, upto the

ceiling set by him.

c. Once auto bid is set, the e- auction site will consider the ceiling amount for the next possible

Bid only, depending on the highest bid prevailing at that point of time and the increment

amount prescribed for that particular lot.

d. Bidders may please note that in the event of a manual bid amount matching that of auto bid,

the manual bid will prevail and be considered

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19. EICHER ENGINEERING COMPONENTS / SCSPL is outsourcing server space from a third

party hosting company and hence shall ensure the smooth running in all good faith and intention.

However EICHER ENGINEERING COMPONENTS / SCSPL will not be held responsible for

any failure of power, Network, server, hosting server, Internet connectivity, ISP or otherwise at

Bidder's end or at SCSPL directly or indirectly affecting online method of Bidding. In case of

prolonged and repeated technical failures of Online bidding process SCSPL will inform

immediately to all Bidders and EICHER ENGINEERING COMPONENTS on website and

through mail for rejection /Re-auction of same lot/Material.

GENERAL CONDITIONS OF SALE

Note: ‘Seller’ means EICHER ENGINEERING COMPONENTS

“Auctioneer” means “Salasar Core Solution Pvt. Ltd. “

1. The Company reserves the right to accept or reject the highest offer and all or any offer without

disclosing any reason thereof.

2. BALANCE PAYMENT & DELIVERY: As details above and as follows:

a. Materials must be removed (after making balance payment with Sales Tax, Excise Duty and TCS, if

any) on or before due date, failing which penalty for delay in collection / balance payment ( As given

below ) of the terms and conditions of the sale will be applicable.

b. In the event of the failure of the purchaser to pay the Balance sale value of Lot mentioned in clause for

Balance payment & delivery (As above), the contract will automatically stand terminated and the

Earnest Money Deposit will stand forfeited for the breach of contract by the purchaser. The lot in

question shall be resold by the Company without any further reference to the Purchaser.

c. Balance to be paid within prescribed time by RTGS/DD to the respective Unit directly.

3. Description of Materials and Quality and Quantity:

a. The materials shall be disposed off in “AS-IS-WHERE-IS & NO COMPLAINT” AND “WET, DRY

OR RUSTY” conditions. Only material mentioned in the catalogue/bid sheet shall be delivered.

Inside & outside attachment shall be removed from the nearest point, unless otherwise

mentioned.

b. Numbers, quantities or tonnage or nature of materials given in the catalogue are approximate and the

materials will be sold without any regard or consideration of these numbers/ tonnage or nature of

materials and no Warranty or guarantee shall be implied. The quantity of material may vary consider,

that is, it may be much more than the approximate quantity indicated in the catalogue or much less.

The Purchaser must lift the entire quantity within prescribed time.

c. Description given in our enclosed list is in brief. Offers by the bidders will be deemed to have been

made on the clear understanding that intending bidder / bidders have satisfied themselves fully in

regards to the nature, condition, quality of goods upon in inspection or otherwise. No error, omission

or mis-statement or mis-description whatsoever and howsoever made or published whether in

advertisement or list or otherwise and no defects or faults in the goods shall invalidate the contract or

be subject matter of any claim on the part of the bidder whether in compensation or otherwise

howsoever nor will any such claim be entertained by the sellers.

d. The quantity indicated in our list of scrap items is only an estimate for calculating the amount of

deposits required to be paid by the bidder, and has nothing to do with quantity of material that may be

availLiable . However, since the paramount interest of the Seller is to get the area cleared of the all

accumulated material, the purchaser will have to remove the entire quantity whether these are far

beyond the limit of approximation indicated or much less than the approximation indicated.

4. Removal of Materials:

a. It will be successful purchaser’s responsibility to weight the empty truck at the Seller weigh

bridge and produce the necessary weight certificate so that the weight of the empty truck will be

deducted from the weight of the fully loaded truck.

b. All the consignments must be weighed /measured even if they are sold on lot basis for Seller’s record.

c. Should the original purchaser wish to take delivery of the scrap material through a representative, he

must authorize the latter by a letter of authority or continuing authority which shall be presented to the

officer concerned. Maybe the officer concerned in his entire discretion decline to act on any such

authority and it ought to be for the purchaser to satisfy the officer concerned that the authority is

genuine. Delivery to such person shall be sole responsibility of the purchaser & no claim shall lie

against the Seller on any account whatsoever, if delivery is offered to a wrong person.

d. The Seller reserves the right to unload the vehicles for inspection purpose. If it is suspected at any time

that the purchaser has loaded the material / materials for which he is not purchaser or if the purchaser

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is found to carry excess material than that mentioned in the documents, the Co. will be within its right

to detain the truck, unload the goods at the cost & expenses of the purchaser & terminate the contract

forthwith and forfeit the sale value & claim such further losses and damages that may be caused to the

Seller.

e. It shall be the responsibility of the purchaser to see that he or his servants or agents collect and load

only that quality and kind of scrap that is covered by the contract and in the event of his servants or

agents finding any other quality of or kind or scrap mixed with the scrap allotted to him he should

forthwith bring it to the notice of the yard master and lift scrap only after segregation.

f. Oxy-cutting / cutting may be considered on specific request depending upon the merit of the case, at

the sole discretion of the Seller. Necessary cutting tools/equipment/consumer able should be arranged

by the purchaser at his own cost. However, EICHER ENGINEERING COMPONENTS shall allow

cutting with proper security vigilance on case to case basis. None of the material/lot partially or fully

be allowed for burning/burial under the ground within the EICHER ENGINEERING COMPONENTS

Premises. If buyer is found doing so will be considered as breach of contract and his EMD will be

forfeited with closure of contract.

g. During the course of the removal of the scrap material if any damage is caused to the Seller's premises,

installations or instruments, the buyer will be entirely held responsible to make good such losses. Till

such period, the damage is repaired or compensated to the Seller, no delivery of any lot/s purchased by

the said bidder will be allowed.

h. Lots sold on Accumulated / Arranged basis at the tender must be removed by the purchaser on or

before scheduled period as mentioned hereinabove or in Auctioner website.

i. Loading / Unloading will be carried out by the purchaser at his own costs & risk. All tools and tackles,

Labour, Fork lifts, Crane etc. will be arranged by the purchasers at their own cost. Non availability of

the same will not be considered as a ground for 'Late-Lifting' of the materials. Ground rent for delay

would be charged @ 1% per week of the total sale value and will be recovered from EMD.

5. Decision in case of disputes :

a. In case of any dispute regarding the contract, the decision of the Seller shall be final and binding. If

there is any dispute as to the last or highest bid or dispute in identifying the item belonging to

particular lot, the dispute shall be determined by the Seller and their decision shall be final and binding

to all.

b. Only the appropriate Court in Madhya Pradesh High Court will have Jurisdiction to deal with any

disputes arising out of this contract. Dispute settlement related to the process of Auction would have to

be done with SCSPL.

c. In case of any dispute arising out of or relating to the terms of this contract the matter shall be referred

to one Arbitrator appointed by Seller. The arbitrator so appointed shall act in accordance with the

provision of Arbitration & Conciliation Act, 1996 and the venue of arbitration shall be Seller’s Office

or as suggested by the Seller.

6. Right of Acceptance / Rejection of offer :

a. The Seller reserves the right to withdraw wholly or partially any or all the items set for sale at any time

during the period of contract without assigning any reasons.

b. The Auctioneer / Seller also reserve the right to accept any bid on "Subject To Confirmation” & the

Seller’s final decision will be informed to the purchaser within one calendar day.

c. The goods are sold subject to the reserve price fixed by the Seller. The Seller is not bound to accept

the highest offer. The Seller reserves the right to reject any CONDITIONAL offers.

7. Termination of Contract: The Seller reserves the right to terminate the contract at any time by giving three

days notice on the following ground.

a. Unsatisfactory execution or performance of the contract by the purchaser.

b. For improper behavior of the purchaser or breach of the terms and conditions of the contract.

c. Decision of the Seller to terminate the contract shall be final and binding and no claim for damages

and compensation shall lie. Provided always that in the event of the purchaser or his agent or servant

committing or attempting to commit theft, fraud, dishonesty or gross misbehavior in connection with

the subject matter of this contract or in any other -connection whatsoever concerning the business of

the Seller, the Seller will be entitled to terminate the contract - forthwith and forfeit the Security

Deposit at its sole discretion.

8. Passing of Property In the goods: It is expressly made clear that the property in the goods whether sold by

units, weights or lots, whether arranged or otherwise, will remain that of the Seller and will pass on to the

purchaser only when material is taken out by the Purchaser from the factory Premises after getting valid

dispatch documents.

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9. Other Terms and Conditions :

a. Excise, Sales Tax, TCS or any other taxes as applicable under the relevant Act will be charged extra at

the rate prevailing at the time of delivery and the rate offered shall be exclusive of all taxes. The rates

mentioned in the catalogue are only indicative for the guidance of the bidders.

b. Buyers for which CST is applicable will have to submit "C" Form at the time of lifting of material,

otherwise full sales tax will be applicable.

c. Buyers shall be fully responsible for safety of his workers & equipment and materials/ equipment of

EICHER ENGINEERING COMPONENTS under his custody and shall abide by safety rules

prescribed by the Govt.

d. Buyers has to strictly follow Safety/Security/Traffic and statutory rules and be governed by the rules

& regulations under the factories act, WCP act & other statutory clauses.

e. The Buyers shall provide all safety gadgets/ equipment to his workers before putting them on job and

shall also ensure that his workmen make use of the safety items while at work.

f. Charges towards any damage of the EICHER ENGINEERING COMPONENTS equipment / material

caused due to mis-handling by contractor’s workers shall be deducted from Buyers’s bill after

assessment by EICHER ENGINEERING COMPONENTS Scrap committee. The assessments of

EICHER ENGINEERING COMPONENTS Scrap committee shall be final & binding on the

Contractor.

g. RULES AND REGULATIONS: The Buyers shall follow all the rules and regulations under contract

Labour Act, Factories Act, Industrial Dispute Act, Payment of Bonus Act, PF Act, ESI Act, Gratuity

Act, Maternity act, All India Motor Vehicle Act 1988, Rajasthan Motor Vehicle Rules 1951, as

amended up to date and other laws in force during the currency of Contract.

h. All buyers should report for lifting the material with labor's insurance and / or ESI, safety shoes,

Helmets & other PPE like hand gloves etc as per requirements

i. For Batteries, LSHS/FO Oil Sludge, TORCH CELL/PENCIL CELL, USED HSD/ OLD HT OIL

/Used oil etc MOEF certificate is required.

j. All trucks, handcarts, carrying such materials outside EICHER ENGINEERING COMPONENTS

premises are subject to inspection by EICHER ENGINEERING COMPONENTS Security Department

at the gate. If required, the buyer will have to unload the vehicle if Security Officer demands for a

surprise check.

k. Any person employed or engaged by the buyer for the purpose of the execution of the contract shall be

required to observe the rules and regulations that are prevailing in our Company. The movement of his

persons shall be restricted only to the place of work assigned to them. Each person engaged by the

buyer shall be required to obtain a Pass from our Security Department for entering and leaving our

Factory premises. All the labour engaged by the buyer shall be subjected to inspection by our Security

Dept.

l. All notices, letters sent to the purchaser shall be deemed to have been received by him/them on expiry

of 48 hours from the time of posting if the same are sent at the address given by the purchaser.

m. If any person/s bid at the auction on behalf of the undisclosed principal, he / they shall immediately

after the bid at the time of payment of EMD/EMD, disclose the name of his / their principal who is the

actual purchaser and the receipt for the Earnest money and/or earnest money would be issued in the

name of the principal.

n. Resale will not be recognized and release order will be made out in the name of actual successful

purchasers only.

o. The purchaser shall not be entitled to resell any lot or part of a lot while the goods are still lying within

the premises of the Company and no delivery would be affected by the Company to any person other

than the purchaser whose names are mentioned in the delivery order.

p. All purchasers of the lots before collecting purchased materials from inside the works should contact

the Company's authorized officer to get them fully acquainted with safety rules and regulations.

Purchasers will be allowed to start collecting materials only when they have confirmed in writing that

they are agree Liable to follow the various safety rules and plant regulations.

q. The Company will in no way be responsible for any accident, damage or injury to the contractor's

workmen or equipment while on factory premises.

r. If the successful purchaser at any stage either neglects or refuses or is unlivable to take delivery of the

materials for any reasons whatsoever or the performance of the purchaser is unsatisfactory, the

Company will have the right to terminate the contract, enforce forfeiture of purchaser's

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EMD/EMD/security deposit and claim such further losses and damages that may be caused to the

Company to determine and declare at its sole discretion.

s. In the event of the purchaser failing to remove the materials and to pay price thereof, the Co. shall be

free to sell the goods to any person or persons and to recover from the original purchaser the amount

by which materials actually sold, falls short of the price agreed by the original purchaser. This does not

in any way effect the right of the Company to forfeit EMD as provided herein.

t. The successful purchaser is also required to sign an agreement to complete the sale according to the

conditions hereof and subscribe his signature to the Bid-sheet against the lot or lots knocked down to

him. In the event of the purchaser failing to sign the agreement or Bid-sheet the goods may, if the

Auctioneers / Company think fit, be put up for sale again immediately and resold on account and at the

risk of the defaulting purchaser who shall be responsible for the deficit, if any, in the price and such

deficit shall be debt due from the defaulting purchaser, but he shall not be entitled to any increase

arising from such resale.

u. Special Conditions of sale or Additional Conditions of sale, if any, will be announced at the time of

auction.

v. Force Majure: Seller shall not be Liable for any failure or delay in performance on our part due to

any cause beyond our control including fires, floods, and strikes, go slow lockouts, closure, dislocation

of normal working condition, war riots epidemics, civil commotion, break down of machineries and

shortage of labours etc.

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REGISTRATION FORM ( USER ID ______________ ) Date…………..

(on your letterhead with company seal and stamp with contact details) EICHER ENGINEERING COMPONENTS – Dewas

Sirs, 1. I/We, the bidder/s do hereby state that, I/We have read the entire terms and conditions of the online auction catalog for Sale

including the disclaimer clauses and understood them fully. I/We, hereby unconditionally agree to conform with and to be bound by the said terms and conditions and agree to take part in the online Auction for sale.

2. I/We further declare that I/We intend to purchase the auctioned material from seller for our own use/business and that the information revealed by me/us in this acceptance form is true and correct to the best of my/our belief. I/We understand and agree that if any of the statement/information revealed by me/us is found to be incorrect and/or untrue, the bid/s submitted by me/us is Liable to be cancelled and in such case the EMD/ Earnest Money Deposit paid by me/us is Liable to be forfeited by the seller and the seller will be at liberty to annul the offer made to me/us at any point of time.

3. I/We also agree that after my/our offer/bid placed by me/us for purchase of the material is accepted by the seller and I/we fail to accept or act upon the terms & conditions of the offer letter or am /are not Liable to complete the transaction within the time limit specified in the offer letter for any reason whatsoever and/or fail to fulfill any/all the terms & conditions of the auction catalog and offer letter, the EMD / Earnest Money Deposit and any other monies paid by me/us along with the tender and thereafter, are Liable to be forfeited by the seller and that the seller has also a right to proceed against me/us for specific performance of the contract, if so desired by the seller.

4. The decisions taken by representatives of seller shall be binding on me. 5. I/We also undertake to abide by the additional conditions if announced during the auction including the announcement of

correction in catalogue and/or additions or deletions of items being offered for sale. 6. I note with due care that the SCSPL shall be making the announcements of correction with the consent and knowledge of

the seller and SCSPL shall not be Liable for these last minute change.

GENERAL INFORMATION:

Name of Company :

Address :

Telephone Nos. : Office: Fax : Res : Email Address (Mandatory) :

Authorized Contact Person: Resi. Tel No: Mobile: Date when Co. Started :

OTHER INFORMATION: Type of Business :

Status of the Company : ٱSole Proprietor ٱ Partnership ٱ Pvt. Ltd. ٱ Public Ltd. Co.

Name/s of Sole Proprietor/: Partners/ Directors with Their Tel. No.

Other Companies from : where you are buying scrap

I-Tax PAN NO. : TIN ………………………………………

Sales Tax /CST no. : ECC No.

MOEF / CPCB Registration No Valid Upto ……………….. Waste permitted Quantity /allowed……………..

Annual turnover (of last 3 years) : 2007-08: 2008-09: 2009-10

Are you familiar with e- Auction/online bidding? YES/NO If NO, attending a Mock e-

Auction with prior appointment is mandatory. And in an event the Mock e-Auction is not attended, NO COMPLAINTS will be entertained.

LOT No. DD/RTGS No. Bank Name Branch Dated EMD Amount

Copy of MOEF , PAN , TIN, CST , RC & PCB is enclosed.

Signature of Authorized Signatory with Name and Seal

9 / 9

Eicher Engineering Components

Disposable item List for e-Auction Dt. 29th

December 2015

Sr. No.

Description of Item QTY UOM Excise Duty

VAT TCS EMD

1 M.S. Turning Chips (Turning Chips) 80-100 MT 12.36% 5% 1% 100000

2 Fear Cutting Tools (Hobs, Shaper Cutter) (Material Grade- EN 35 , ASP 2030 ,ASP 2052) 4 MT 12.36% 5% 1% 50000

3 HSS Scraps (High Spped Steel (EN38, 20mncr5, 16mncr5 etc.)) 5 MT 12.36% 5% 1% 50000

4 Vertical Broaching Machine (Make: Nachi) 1 Lot 12.36% 5% 1% 100000

5 Deburring & Chamfering Machine (Make: Samputensili) 1 Lot 12.36% 5% 1% 100000

6 CNC Roll Tester (Make: Sensei) 1 Lot 12.36% 5% 1% 100000

7 Calibration Broaching Machine (Make: Nachi) 1 Lot 12.36% 5% 1% 100000

8 Honing Machine (Make: Nagel) 1 Lot 12.36% 5% 1% 100000

9 Broach Resharpening Machine (Make: Karl Kling) 1 Lot 12.36% 5% 1% 100000

Note:- 1:- Quantity may vary (+_25%)