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Machine Tool Prototype Factory

Thane, Maharashtra

  • Opening Date

    25 Sep 2019

  • Closing Date

    25 Sep 2019

  • Tender Amount

    Refer document

  • EMD


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Auction Sale of Lot No : 1288 Lot Name : U/s Ocrlikon Milling Machine

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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, GST : AS APPLICABLE AND WILL BE PAID AND FILLED BY BUYER ON REVERSE CHARGE MECHANISM ONLY Tenderers/Bidders may see/inspect the said items at our Factory premises between 09.30AM to 16.30 hours on any working days (Excluding Saturday, Sunday & Holidays). Bidders shall deposit for sale/material value, Taxes & duties respectively through MSTC Limited in favour of the General Manager, Machine Tool Prototype Factory, Ambernath in nearest upward rounded of rupees drawn on a branch of the State Bank of India Payable at STATE BANK OF INDIA, AMBERNATH BRANCH CODE No.001040 (The mention of Branch Code Facilitates speedy clearance of the same). The Bidders should make payment through SBI Collect only to GM, Bank Name :State Bank of India Branch :Ambernath, A/c No : 10844194116, IFS Code :SBIN0001040 In case of RTGS payment UTR Number and transaction date must be intimated to MPF/Store Office for further necessary action. or through e-payment to MSTC from your login. On making payment through e-payment, details are required to be sent to Please note that rates given above are indicative and GST rate applicable on the date of delivery shall be collected. DD/POs of Cooperative Bank shall not be accepted and will be returned without any action being taken on them. No arrangement instrument where more than one bank is involved will be accepted. Contact Person at MSTC: Mrs. S.R.Kadam, Dy. Manager Phone No.: 022-22886268 Email id: 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, 1. Definitions: The term MSTC means the selling agents of stockholder and when the context so admits their successors and assignee and any officers acting for them. The stockholder means the commandant of concerned depot for the time being and when the context so admits any office/member acting for him. The buyer means the person, firm or company with whom MSTC/Stockholder concludes the contract for the e-auction, and where the context so permits, includes his person or representative(s) and permitted assignees. 2. Condition of Goods: The goods are sold on as is where is basis. They shall be removed by the buyer with all faults and notwithstanding any errors or misstatement of description, measurement, quantity, weight, enumeration or otherwise and without question on the part of buyer, and no claim shall lie against MSTC/ Stockholder for compensation nor shall allowance be made on account of any such faults, misstatements or errors, although the part of same may be of a considerable nature. In particular the description of the goods may be identical with or similar to description of the goods of some previous sale by e-auction but no reliance must be placed on any such description. The buyer should satisfy himself thoroughly as to what is offered for sale before submitting his e-auction bid, and may inspect the goods prior to bidding and shall be deemed (whether or not such inspection shall have in fact taken place) to have had noticed all defects and faults whether rendering the goods un-merchantable or otherwise and which he might have discovered on inspection and he shall not be entitled to any compensation on account thereof. Nor shall any part to this contract be entitled to claim or otherwise if the goods sold are not available by reasons of not being at the specified place and the contract shall stand cancelled. No complaint will be entertained and no reliance must be placed on any description. 3. Risk : The Goods shall remain in every respect at the risk of the buyer from the date of acceptance of his offer by the MSTC/ Stockholder, and MSTC/Stockholder shall not be under any lia

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