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Inspection of Machines& Vehicles

Inspection from 03.09.2024 to 16.10.2024 from10:30 Hrs. to 14:00 Hrs. & 15:00 Hrs. to 17:00 Hrs.

Venue

TBTRL TOLL Plaza Village Ikoda Tehsil Kurwai District Vidisha (MP)-464224.

Earnest money

Each individual buyer should deposit an earnest money in the form of demand draft only in Favor of “TCIL BINA TOLL ROAD LIMITED.,” Payable at Kurwai ,District Vidisha,M.P. or NEFT/ RTGS in Account Details as Mentioned to below:

Name- TCIL BINA TOLL ROAD Limited *
 *A/C NO-10590200001609*
*IFSC: BARB0NEHRUP *
*Type: Escrow*

Bidder has the option to go for e-auction for one/multiple/all plant and machinery. Accordingly bidders will be required to submit Earnest Money Deposit respectively of each machinery & materials for which he desires to go for E-Auction.

Earnest Money in any other form, for example cheque (including cheque made “good for payment”) Bank Guarantee, Bid Bonds, call deposits etc. will not be acceptable to TBTRL and any request to recoup earnest money from renderers pending bills or for adjustment of the same from previous Security Deposit if any, or from any other amount lying with TBTRL shall not be entertained.

In case of unsuccessful bidders, the Earnest Money will be refunded to them, without interest promptly when the drafts are made available at the earliest after the bid is awarded.

Selection of successful bidder would be identified by the TBTRL’s Authority and it would be the final.

The offer/Bid validity is 180 Days

Mock

Auction

Mock auction will be held on 16.10.2024 at 16:00

Buyers must register themselves on www.accurateauctioneers.in

Online auction

Date : 17.10.2024

Time:3:30-5:30 P.M with unlimited auto Ext. of 3 Minutes

Result

Will be announced upon accord of approval from competent authority and may take 60 Days and EMD will be returned after 30 days after declaration of result and Receipt of Consideration.

Tax and RTO Compliances

• The rate of GST or any other statutory levies surcharge etc. will be applicable Extra and payable by the Bsuyer

EMD BANK DETAILS

• AMOUNT TO BE PAID AS SECURITY:
  Name- TCIL BINA TOLL ROAD Limited *
   *A/C NO-10590200001609*
  *IFSC: BARB0NEHRUP *
  *Type: Escrow*

Quality and Quantity

• Bidders should bid for one/multiple/all the Vehicles & Machineries and materials, as the case may be, as a whole and no quotation for part quantity of material or any particular Plant and Machinery will be accepted.
• As the Vehicles & Machineries and materials are being sold on entire lot basis and not on unit/ number basis, the entire plant has to lying in the lot will have to be lifted by the buyer(s) so as to clear the entire lot. The quantity, if indicated in such cases against the respective lots are purely indicative and TBTRL shall not entertain any claim/ complaint from the buyer(s) for any deficiency in quantity size, dimension or refund the whole or any part of the purchase money or loss of profit or interest, damages or otherwise.
• TBTRL reserves the right to accept or withdraw from sale the Vehicles & Machineries and materials offered for sale in full or part thereof prior to/ after the acceptance of the auction without assigning any reason whatsoever.
• TBTRL reserves the right to accept or reject the highest bid without assigning any reason and the sale contract for any or all the machinery may be allowed by TBTRL to one or more than one bidders as TBTRL may deem fit and no claim/ complaint in this regard will be entertained by TBTRL.
• Bidder should verify the quantity and quality of material before participation in E-auction. No request will be entertain thereafter.