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Each individual buyer should deposit an earnest money in the form of
demand draft only in Favor of”“Telecommunication Consultants India Ltd.,”
Payable at Kurwai, District Vidisha, or NEFT/ RTGS in Account Details as
Mentioned below:
Name- Telecommunication Consultants
India Limited *
*A/C NO-000705039826*
*IFSC: ICIC0000007*
*Type: Current*
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 TCIL 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 TCIL 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 TCIL’s Authority and it would be the final.
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