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Metal Scrap Trading Corporation Limited

  • Opening Date

    27 Aug 2019

  • Closing Date

    27 Aug 2019

  • Tender Amount

    Refer document

  • EMD


  • Auction Start Date

    27 Aug 2019

  • Auction End Date

    27 Aug 2019

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Mstc/blr/karnataka Soaps And Detergents Ltd/13/bangalore/19-20/15238

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Special Terms & Conditions ALL CONTRACTS/TRANSACTIONS ENTERED INTO BY THE BUYER/BIDDER ARISING OUT OF THIS E-AUCTION SHALL BE GOVERNED BY THE INTEGRITY PACT AVAILABLE ON OUR WEBSITE, - THE E-AUCTION SALE IS GOVERNED BY THE GENERAL TERMS & CONDITIONS (GTC), BUYER SPECIFIC TERMS & CONDITIONS (BSTC) AND SPECIAL TERMS & CONDITIONS (STC) OF THE E-AUCTION. INCASE OF ANY CONFLICT OR DIFFERENCES AMONG ANY PROVISIONS OF GTC, BSTC & STC, THE PROVISIONS OF STC WILL SUPERCEDE OTHERS IN THE PARTICULAR E-AUCTION. THE TERMS & CONDITIONS INCLUDING THE LIST OF MATERIALS APPEARING ON THE DATE OF E-AUCTION IS FINAL AND BINDING ON THE PARTICIPANT BIDDERS, THE SAME MAY PLEASE BE DOWN LOADED FOR ANY FURTHER REFERENCE. Contact Official of MSTC : Quantities are indicative and may vary +/- 25%. Sale is on "AS IS WHERE IS AND NO COMPLAINT BASIS". No complaint regarding quality, quantity, or composition of the material will be entertained. All the lots will be under STA and the principal can accept/reject the lots based on their management approval Balance payment should be directly made to the account of Karnataka Soaps and Detergents Limited Bank Name :State Bank of India Branch : SME Branch Rajajinagar A/c No : 33841000861 IFS Code : SBIN0002079. DEALING OFFICER AT MSTC, BANGALORE: NAME Tejas V OFFICE ADDRESS 19/5 & 19/6, 3rd Floor Kareem Tower, Cunningham Road, Bangalore- 52 Phone 080-22260054 Extn: 218/ Mob: 9980147110 Email OFFICE HOURS 10 AM - 5 PM 1. Karnataka Soaps and Detergents Ltd , the owner / seller, will be hereinafter referred to as PRINCIPAL and MSTC Ltd., the Selling Agent of PRINCIPAL will be hereinafter referred to as MSTC. Wherever the word Buyer, Purchaser, Successful Bidder are indicated, it will be referred to as Successful Bidder. 2. VALIDITY OF BIDS: All bids will be valid for acceptance by MSTC for a period of 30 (THIRTY) calendar days from the date of closing of E-Auction, excluding the date of closing. In case the 30th day falls on a holiday or remains closed for MSTC, such bids will be deemed to be automatically extended to be valid upto the next working day of MSTC. 3. INSPECTION: The intending bidder or his authorized representative may inspect the materials as per the schedule, between 10 am to 5 pm on any working day of Principal at the location specified with the prior permission from the PRINCIPAL. The bidders / customers shall carry the photo identification card issued by MSTC, without which inspection will not be permitted. In case the bidders / customers send their authorized representative for inspection, they will be permitted subject to their producing the authorisation letter and photo identification card (issued by MSTC). The detailed description of all lots including list of spare parts, if any, are available at site. 4. The description / quality indicated are approximate and furnished to enable bidders to quote their rates. Bidders are advised to quote their rates only after inspection of items at site. But neither the sale could be invalidated nor the bidder can make any claim/ compensation whatsoever on account of any defect in description, deficiency in the quantity and quality. Notwithstanding anything contained in the E-Auction sale notice or advertisement issued as to description and particulars of material put up for sale, the sale is on as is where is basis only. PRINCIPAL/MSTC, do not give any assurance or guarantee that the materials to be delivered will adhere to notice or advertisement or list. Goods / Equipment will be sold in as is where is condition and the whole items shall be taken delivery from the site by the successful bidders with its faults, errors in description if any. No plea or misunderstanding or ignorance or conditions put forth subsequent to any confirmation of sale shall be accepted. The principle of CAVEAT EMPTOR (let the buyer beware) will apply. 5. Conditional offers will not be accepted / entertained. 6. The items s

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