MATERIAL: Old , Used & Unserviceable Items for E-Auction - Login ...

16.2 In case of any default in lifting of the materials by the buyer with in the prescribed/ scheduled delivery
period, the outstanding material may be lifted from the expiry of the free/actual delivery period subject to
payment of ground rent @ 1% per week and part thereof, by the buyer directly to the NCL for the period of
delay. All matter relating to charging of ground rent will be decided by NCL. The Ground Rent will be
deposited with the NCL concerned stockholder of the lot.
16.3 In case of good sold on lot basis, the Ground rent will be calculated on the value of the entire lot even if
lifted in part, where as goods sold on unit weight or unit number basis, the ground rent will be calculated
on the value of un-lifted quantity.
16.4 However it must be noted by the bidders that it will be the sole discretion of NCL not to allow the buyer to
lift the goods with or without the ground rent after the expiry of the stipulated free delivery period and in
such event, the sale of the material not lifted by the buyer will be automatically cancelled and all the
money paid by the bidder will be automatically forfeited.
16.5 In the event of the buyers failure to fulfill any obligations under the general conditions of sale including
default and/on failure on the part of the buyer to remove/lift the goods against any lots within the stipulated
time after payment of the entire value, the sale of such cancelled lot for the quantities not lifted by the
buyer, NCL will be entitled to re-sell the goods, at the entire risk and cost of the buyer as and when NCL
may deem fit without any notice to the buyer and NCL shall be at full liberty to retain and/or adjust/or
recover from buyers any other amount lying with mjunction/NCL to the buyers credit either under those
contract or in any other contract or which may be at any time become payable /refundable to the buyer
either under this contract or any other contract the amount of losses or damages or claim or expenses
that may be incurred by NCL, if any, further amount is still found payable or recoverable from the buyer,
the buyer shall pay to NCL on demand without any objection or demur. The decision of NCL in regard to
the actual losses incurred by NCL including the reasonableness of the rate at which NCL may re-sell the
quantities shall be final and binding on the buyer provided always, if any, loss is incurred by NCL, the
buyer shall only be entitled to the refund of the amount retained by the mjunction/NCL by way of advance
payment towards sale value (Excluding Earnest Money & Risk Money if any) without any interest thereon
but not any other amount. Any gain on any re-sale as aforesaid shall, however, belong to NCL.
In case the purchaser requires any service of facility from NCL for dismantling loading or removing the goods,
NCL may without being under any obligation to provide the same.
a. The necessary costs, charges and expenses for such service or facility as mentioned must be paid by the
purchaser and for this purpose the purchaser must deposit with NCL such amount or amounts as may be
required by NCL. All costs, charges and expenses for such service will be recovered from the amount so
deposited and the surplus, if any, would be refunded to the purchaser. The amounts so deposited will not
carry any interest. In case the amount deposited falls short of the charges payable under this clause, the
purchaser shall immediately on requisition by NCL pay the additional amount. The bidders may be required to
pay the necessary cost & expenses incurred in availing the services for dismantling and loading to NCL
concerned stockholder for the lot/s.
The materials sold shall be removed by the buyer from any one side of the lot as per the sole direction of the
NCL and no segregation of items from the sold lots will be permitted. No pick and choose of the material will
be allowed and the purchaser has to lift the entire lot from the designated place. Description against each lot
given is not exhaustive.
The description indicates the major content of the lot. bidder are requested to contact the respective areas'
Staff Offices(MM)/Depot Officer of regional stores of the respective area(s)/Stock Holding Unit(s) for
inspection of the lot(s) to assess the exact physical condition of the materials contained in each lot and satisfy
themselves before submission of bid.
b. In case of any hot work permission is required for dismantling operations; the same will have to be obtained
by the buyers from the NCL authorized representative before lifting. It will be sole discretion of the NCL to
allow or not to allow such hot-work permission at buyers cost only to the extent for facilitating the loading and
transportation of the goods.
c. For the purpose of removing the materials, the successful bidder shall employ only his/their own personnel
and shall keep NCL fully indemnified against any claims for wage, injuries, compensation, death etc.
d. While removing the materials, if any accident or damage to the property / life etc. arises by reason of any act
of negligence / omission/ default or non-compliance with any of the Terms and Conditions of the statutory
regulations or rules and regulations applicable within NCL premises, on the part of the bidder’s / his
representative or employees resulting in death or injury to any person or damages to the property of NCL or
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