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Chennai Port Trust

Chennai, Tamil Nadu

  • Opening Date

    19 Sep 2019

  • Closing Date

    19 Sep 2019

  • Tender Amount

    Refer document

  • EMD


  • Auction Start Date

    19 Sep 2019

  • Auction End Date

    19 Sep 2019

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Mstc/sro/chennai Port Trust/1/india/19-20/12850

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Mrs. E. BABITHARANI, CHIEF MANAGER. PH: (044) 28285097 Mob:09444976359 E-Mail Id: SHRI B MADHAN , Ph: 04425312438 E Mail Id: SPECIAL TERMS & CONDITIONS (STC) AS GIVEN Special Terms & Conditions IMPORTANT : THE MATERIAL LIST & STC DISPLAYED UNDER VIEW FORTHCOMING AUCTIONS ON MSTC'S EAUCTION WEBSITE ARE TENTATIVE AND SUBJECT TO CHANGE AT THE SOLE DISCRETION OF MSTC/ PRINCIPAL BEFORE THE START OF EAUCTION. BIDDERS SHOULD,THEREFORE, DOWNLOAD THE MATERIAL LIST AND STC DISPLAYED ONLY UNDER VIEW LIVE AUCTIONS FOR THEIR RECORD PURPOSE, IF REQUIRED, AND BID ACCORDINGLY. FOR BUYERS GUIDELINES VISIT AND CLICK Help. FOR ANY ASSISTANCE MAIL AT PREBID EMD AS PER LOT DESCRIPTION AGAINST LOT NO MUST BE DEPOSITED ON OR BEFORE 18.09.2019 WITHIN 16.30 HRS TO MSTC LIMITED THROUGH PAY PREBID EMD MODE (PUNJAB NATIONAL BANK) FROM THE TO PARTICIPATE IN THE E- AUCTION. Interested parties who are registered with MSTC for e-Auction (since eauction registration for buyers is an ongoing process, new customers can also register at our website i.e. and fulfill the requirement in time) must deposit the above pre-bid EMD for being allowed to bid in this e-Auction. Only those parties who have deposited the PRE BID EMD within the stipulated time will be allowed to enter the live e-Auction floor under " VIEW LIVE AUCTION" for participating and bidding in this e-Auction. Other parties who are registered with MSTC for e-Auction will be able to view the details of this e-Auction under "VIEW FORTHCOMING AUCTION" only till the starting time of e-Auction, but they will have access to the live e-Auction floor only if they deposit the PRE BID EMD within the due time and not otherwise. The PRE BID EMD of the successful bidders will be adjusted towards the BALANCE MATERIAL VALUE. The entire PRE BID EMD will be forfeited automatically if the highest bidder in whose favour Sale Intimation Letter is issued by e-mail (on Confirmed or Subject to Approval basis) fails to pay the required Post- Bid EMD for any of the lot awarded to them on Confirmed or STA basis. The Password of the Party whose PRE BID EMD is forfeited will be deactivated. The PRE BID EMD of the unsuccessful parties will be refunded on receipt of the decision from the Principal. No interest is payable by MSTC/CPT on the PRE BID EMD/ EMD. Date of Inspection: 03-09-2019 TO 17-09-2019, except Port Holidays between 1000 Hrs.& 1600 Hrs. CHENNAI PORT TRUST TRAFFIC DEPARTMENT (SALES WAREHOUSE) Date of e-Auction: on 19-09-2019 , 11.00 am to 16.30 pm till the auction is over as per terms and conditions of e-auction 1. Lots to be examined by the intending purchaser before bidding and to be taken with all faults and errors of description. 2. The goods are to be taken on ​AS IS WHERE IS​ basis. The Trust shall not take the responsibility with reference to weights, measurements, quantities, qualities, etc., 3. E-Auction will be conducted online by the Trust​s Auctioneer, M/s. MSTC Limited, Southern Regional Office, ISPAT Bhavan, 3rd Floor, No.5, Kodambakkam High Road, Chennai - 600 034, through their website 4. Buyers who wish to bid in the E - Auction shall remit pre bid EMD as mentioned in each Lots by way of NEFT/RTGS mode through PAY PREBID EMD MODE (PUNJAB NATIONAL BANK) FROM THE TO PARTICIPATE IN THE E-AUCTION 5. The Prebid-Emd of the unsuccessful bidder will be refunded back after completion of E-Auction by the Auctioneer to the respective bidders Account ledger Chennai Port Trust will not pay any interest to the bidder on the Prebid-EMD amount/Balance amount/Refund amount or any deposits. 6. The highest bidder to be the purchaser and in the event of any dispute arising between two or more bidders, the lots so disputed should be put up again and resold. 7. The

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