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Reliance Industries Limited

  • Opening Date

    16 Oct 2019

  • Closing Date

    16 Oct 2019

  • Tender Amount

    Refer document

  • EMD

    -

  • Auction Start Date

    16 Oct 2019

  • Auction End Date

    16 Oct 2019

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Summary

Mstc/wro/reliance Industries Limited/304/mumbai/19-20/21630

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Special Terms & Conditions tr> -- ALL CONTRACTS/TRANSACTIONS ENTERED INTO BY THE BUYER/BIDDER ARISING OUT OF THIS E-AUCTION SHALL BE GOVERNED BY THE INTEGRITY PACT / STANDARD RULES AND REGULATIONS OF RIL/MSTC. All the bids shall be valid for a period of 30 days from the date of close of e- auction. GST rates as indicated in this e-auction catalogue are only indicative. Actual GST rates as applicable on the date of lifting shall be applicable. Bidders are required to satisfy themselves about GST rate through their own sources/means before bidding in this e-auction and any discrepancy should be intimated to MSTC / RIL at least one working day prior to the e-auction. No complaint from any bidder thereafter, regarding any variation will be entertained after the e-auction goes on live floor. Non- payment of sale proceeds on the ground of any discrepancy of GST rate will be treated as default and action as deemed fit including but not limited to forfeiture of EMD/SD will be taken against the bidder Steps for making pre bid EMD amount: a. Login at http://www.mstcecommerce.com with your user id and password b. Click on the link "Pay pre bid EMD". Enter the amount as required and click on the link "NEFT/RTGS" and "procced to payment". c. You will be required to enter your account details and generate a copy of challan. Please note that the challan will be valid for 3 days only. If you fail to make payment within 3 days from the date of challan then generate a fresh copy of challan and make payment. Please note that this challan can be used only once. d. On successful payment, your EMD ledger will be filled up with the same. This EMD can be used in any of the lots of any auction. Once it is used in any lot, it gets freezed there and the same EMD can't be used anywhere else. This can be checked under the field "Balance EMD" available on the live floor. e. Upon closure of auction, if you are unsuccessful you need to give a refund request using link "EMD refund request" available in your login. Within 2 working days, your payment will be refunded. Pre bid of the successful bidder shall be retained with MSTC. KINDLY ENSURE THAT THE PREBID EMD IS REFLECTED IN RESPECTIVE BUYERS EMD LEDGER ONE DAY PRIOR TO THE AUCTION PRE BID EMD to be submitted through the auto pre bid link as above ONLY. NO DD/PO will be accepted. Buyers having account in Punjab National Bank may please contact at srkadam@mstcindia.co.in to know method of submission of pre-bid EMD. In case of failure of H-1 bidder to deposit post bid EMD the Pre-Bid EMD shall be forfeited. Contact Person at MSTC: 1. Mrs S.R. Kadam, Dy. Manager, email id- srkadam@mstcindia.co.in, Phone no.-022-22886268 MSTC Ltd. Shall hereinafter be referred to as MSTC and RELIANCE INDUSTRIES LIMITED as owner/ seller for lots. *The General Terms & Conditions (GTC) displayed on the e-Auction Website of MSTC alongwith the Special Terms & Conditions (STC) and Annexure-I of Reliance Industries Ltd. shall be construed to be an integral part of the offer and the Bidder may like to download the same for their record. However, in case of any contradiction in MSTC and Owner/Seller Terms & Conditions; Owner/Seller Terms and Conditions shall prevail. * The Special Terms & Conditions shall supersede relevant General and Buyer specific terms and conditions wherever applicable. * Bidders should download Annexure-I of Reliance Industries Ltd. from www.mstcindia.co.in. *IN THE EVENT OF BIDDER BECOMING UNSUCCESSFUL, PRE-BID EMD WILL NOT BE ADJUSTED WITH FORTHCOMING E-AUCTION AND THE SAME SHALL BE RETURNED. 3.0 The materials offered for sale must be inspected prior to due date of e-auction. Inspection will be allowed From Monday to Friday excluding public holiday during the inspection period and with prior appointment only. For Inspection of materials, kindly mail to below mail IDs one day in advance with Name of Person (as per government ID), Mobile no, Age and Buyer Company's details & Address and coordinate with

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