FOR & ON BEHALF OF

CENTRAL WAREHOUSING CORPORATION

(A GOVT. OF INDIA UNDERTAKING)

Regional Office: - Scope Minar, Laxmi Nagar, Delhi 110092

TENDER CUM E-AUCTION

(Tender Alongwith EMD 20% of the quoted value shall have to be submitted between 11.30 AM to 4.30 PM on 25.03.2013 in the Office of ICD PPG Delhi)

E-AUCTION

ON 26th March, 2013

BETWEEN 10:00 Hrs & 16:30 Hrs

ON A PORTAL OF

www.ashvinauctioneers.com

ASHVIN & CO.

AUCTIONEERS

Office: B/314 Shyamkamal CHS, Agarwal Market, Vile Parle (E),

Mumbai – 400 057. Tel. 2610 7515 / 2613 3600.

M: 9820133274 / 9820739509

E-mail:

Visit to our website: - www.ashvinauctioneers.com or www.cewacor.nic.in

CENTRAL WAREHOUSING CORPORATION

Inland Container Depot, Near Ghazipur Village, Patparganj, Delhi - 110096

Tel: 011 – 22232975, 22232959 Fax: 011 - 22232159

Web Site: www.cewacor.nic.in Email:

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AUCTION CONDUCTED BY: Ashvin & Co. (Auctioneers)

B/314 Shyamkamal CHS, Vile Parle (E), Mumbai - 57

Tel: 022 – 26107515 Fax: 022 - 26133600

E-mail: / Website: www.ashvinauctioneers.com

CWC SEALED TENDER-CUM-ONLINE AUCTION SALE

Ashvin & Co. is an e-commerce service provider to obtain rates online through the portal. The Sale & Purchase are made directly by seller & Buyers. This is only for the purpose of intimation. M/S. Central Warehousing Corporation (CWC) will sell Various Types of uncleared/unclaimed imported cargo brought into India through Online Auction Cum Sealed Tender.

SCHEDULE OF PROGRAMME.

TENDER CUM E-AUCTION – 2012-13

Inspection of Materials
Date & Timings / ICD-Patparganj, Delhi, Dated 22 & 23 March, 2013
Time for inspection from 11:30 hrs to 17:00 hrs.
Venue of Inspection / Central Warehousing Corporation
ICD-Patparganj, Delhi
Submission of Tenders / Tenders to be submitted in the Tender Box placed in the Office of CWC, ICD-Patparganj, Delhi, Along with requisite EMD between 11:30 AM to 05:00 PM on 25.03.2013
Online Auction Date & Time / 26.03.2013
Lot No.01 to 18 / - / 10 am to 2 pm
Lot No.19 to 48 / - / 10 am to 2:15 pm
Lot No.49 to 81 / - / 10 am to 2:30 pm
Lot No.82 to 107 / - / 10 am to 3:30 pm
Lot No.108 to 157 / - / 10 am to 4:30 pm
Caution Money Deposit / SECTIONS 1 – 4,00,000
SECTIONS 2 – 25000
SECTIONS 3 – 25,000
SECTIONS 4 – 50,000
SECTIONS 5 – 50,000
NOTE: AS PER THE TERMS & CONDITIONS OF SALE, ONLY ONE ACCEPTANCE FORM WILL BE ACCEPTED FROM ONE BIDDER.
CMD to be deposited latest by 6:00 PM on 25.03.2013
Venue & Date for Opening of Sealed Tender / After Closure of E’Auction on 26-03-2013 at about 5:00 pm at ICD-PPG, Delhi.
Tender Cum Online Auction Result / The Provisional Result of the auction will be displayed on website (www.ashvinauctioneers.com) on 31.03.2013 or later.

NOTE

Ø  DETAILS OF LOT OF CONTAINER / CARGO PUT UP FOR SALE, SECURITY DEPOSIT AND TIME SLOT WILL BE AVAILABLE ON www.cewacor.nic.in & www.ashvinauctioneers.com

SEALED TENDER CUM ONLINE AUCTION,

CENTRAL WAREHOUSING CORPORATION

Central Warehousing Corporation, Regional Office, Delhi shall be auctioning unclaimed / uncleared Imported/ Export cargo landed at Inland Container Depot, Patparganj, Delhi through Sealed Tender Cum Online Auction (E-Auction) as per following terms and conditions. Ashvin & Co. is organizing Internet Auction on behalf of M/s Central Warehousing Corporation

1.0 GENERAL TERMS & CONDITIONS OF SALE

The sale of cargo shall be done by combining the outcome of on line auction and sealed tender process.

1.1 DEFINITIONS

SELLER – Seller referred in these conditions of sale, is the Custodian, Central Warehousing Corporation Inland Container Depot, Patparganj, Delhi (hereinafter referred to as CWC)

AUCTIONEER – M/s. Ashvin & Co. having its Registered Office at Ashvin & Co., Mahajan Lane, Raopura Baroda - 390001 and is an agency appointed as an auctioneer to facilitate auction on e-auction/ Internet by the Custodian on their website www.ashvinauctioneers.com They are expected to facilitate organizing and conducting an auction and are considered as third party not particularly interested in the item being sold for and on behalf of the Central Warehousing Corporation

BIDDER – Any person representing as an individual OR as proprietor OR as a partner OR as an authorised representative of any company and who is Registering himself on the website www.ashvinauctioneers.com and paying the stipulated amount of Earnest Money/Caution Money to decide/ set their bidding Limits is considered as a Registered Bidder. One individual can represent as a bidder on his own behalf and on behalf of other persons/ companies provided he registers himself in those capacities separately i.e. for each representation he should pay separate stipulated caution money and set the Bidding Limits. But he can’t register separately for himself & company at the same time.

1.2 PARTICIPATION

i)  Only REGISTERED Bidders are allowed to participate in the on-line auctions. To become REGISTERED Bidder one needs to register with the auctioneer www.ashvinauctioneers.com either on-line.

ii)  Registered Bidders will be required to E-mail/Fax/Courier/Hand Delivered a duly signed copy of the Form “Acceptance to Participate Form” given in Annexure –1 to the office of the Auctioneer thereby giving their consent to terms and conditions of the Online Auction Sale. The Fax No. is 26133600. The Auctioneer will activate bidders ONLY on receipt of the signed Registration Form.

iii)  Please enter a valid e-mail ID in the Registration Form. All e-mail communications will be forwarded to the e-mail ID entered in the Registration Form.

iv)  Time Extension: If any market-leading bid (bid higher than the highest at the point in time) is received within the last 3 minutes (“Time Extension” as mentioned in the Bidding Room will be in force & 3 Minutes is an example) of closing time, the time will be extended automatically by 3 minutes.

v)  Auto Bid: a. Auto Bid facility is provided for bidders intending to place a maximum value for a lot/lots.

b. Auto bid is not a confirmed bid. It is only the maximum ceiling amount set by the bidder to enable the auction engine to place bids on his behalf, whenever he is outbidded, upto the ceiling set by him.

c. Once auto bid is set, the auction engine will consider the ceiling amount for the next possible Bid only, depending on the highest bid prevailing at that point of time and the increment amount prescribed for that particular lot.

d. Bidders may please note that in the event of a manual bid amount matching that of auto bid, the manual bid will prevail and be considered

1.3 CAUTION MONEY DEPOSIT (CMD):

i)  The bidder who wants to participate in online Auction shall pay as specified in the catalog as Caution Money Deposit. CMD will be accepted only in the form of DD favoring Central Warehousing Corporation, Payable at Delhi. Unless CMD is paid in advance in the office of the auctioneer, or in office of the Manager, I.C.D., Patparganj Delhi, No one can enter in auction room.

ii)  Bidders/Seller may note that any payments by DD or cheque or any other means towards EMD/Security Deposit or other purposes received by Ashvin & Co. on behalf of Seller/Bidder shall be handled in good faith and intention. However Ashvin & Co. shall not be responsible for the loss of the DD/Cheque from its custody due to reasons beyond its control such as fire, theft, burglary, loss in transit, accident, war, riots, civil commotion, any terrorist activity, any natural calamity, adverse weather and climatic conditions etc.

1.4 MODES OF PAYMENT OF CAUTION MONEY DEPOSIT (CMD)

i)  The Caution Money Deposit can be deposited By Demand Draft OR Pay Order to be submitted by 4.30 PM on 25-03-2013 drawn in favor of “Central Warehousing Corporation” payable at Delhi in the office of ICD-Patparganj or Ashvin & Co. Mumbai office

Ashvin & Co. (Auctioneers)
B/314 Shyamkamal CHS, Vile Parle (E), Mumbai – 57. Tel: (22) 2610715 ; Telefax: 26133600
E-mail: , ,
Contact Persons: Mr. Ashvin Shah, M: 9820133274, Mr. Julian Shah, M: 9820739509

On conclusion of the Auction the unsuccessful bidders will be returned their CMD amount immediately by returning the draft issued in favour of CWC.

ii)  On Payment of CMD along with the submission of “Acceptance to Participate Form” (Attached with catalogue) the User – Identity and Passwords of the Registered Bidders will be ACTIVATED to participate in the Online Auction method of Bidding.

iii)  An amount equal to the EMD i.e. 20% of the bid amount will be adjusted/ forfeited (as the case may be) from CMD amount if the highest/ successful bidder fails to deposit the EMD amount against any lot within the specified period after display of result on website and equal to the EMD amount shall also be forfeited from CMD in case of wrong bids.

iv)  For the benefit of bidders for on line auction, Demo will be available on request prior to e auction.

v)  Announcements during the auction including announcement of additional conditions OR correction in the catalogue and / or additions or deletions of items being offered for sale are being done with the consent and knowledge of the Central Warehousing Corporation and it is binding on the bidder.

vi)  The Tender / Quotation form prescribed and supplied by CWC shall be used by the tenders for quoting the rates/ offers. Tender form can be obtained from the Manager, ICD, Patparganj, Delhi on payment of Rs.500/- (Rs. Five hundred only). If any tenderer downloads the tender form from the website, he has to enclose a DD of Rs.500/- with the tender. It may be noted that the tenders without tender fee of Rs.500/- are liable to be summarily rejected.

1.5 SEALED TENDER PROCESS

i)  To enable the bidders who are not familiar to participate in Internet auction or who want to participate in sealed tender process, participation through sealed tender has been provided in sealed tender cum online auction sale.

ii)  The tender form (Annexure– 2) along with the 20% of quoted value as earnest money (EMD) in the form of crossed Demand Draft or Pay Order of any Scheduled / Nationalized Bank drawn in favour of Central Warehousing Corporation payable at Delhi will be accepted at the following offices for any lots up to 4:30 PM on 25-03-2013 at Office of the Manager / Inland Container Depot, Patparganj, Delhi.

Sealed bids without EMD OR bids with EMD paid by cheque/cash shall be summarily rejected.

iii)  Central Warehousing Corporation shall not be responsible for delay, loss or non-receipt of tender document sent by post either way.

iv)  Tenderer can submit a single tender form for more than one lot , provided he has enclosed tender fee of Rs 500/- (Rs Five Hundred only) alongwith earnest money in the form of DD/PO.

v)  The tenderers should sign the tender from and indicate on the tender form in which capacity and authority he/ they signs/ sign and submit/ submits the tender and the authorization letter/ power of attorney should be submitted along with the tender form.

vi)  The tender form shall be either type written or written neatly in indelible ink. All rates must be entered in words as well as in figures and with all corrections initialed. In case there is any difference in the rates written in figure & words, whichever will be higher rates be taken into consideration.

2.0  CONDITIONS OF SALE

i)  Goods are being sold in lots on ‘AS IS WHERE IS BASIS’ and “NO COMPLAINT BASIS”

ii)  The highest bidder will be normally offered the goods subject to approval of auction committee. However auction committee reserves the right to accept or reject any offer for any reason whatsoever or even without any reason. In the event of any dispute at last or highest bid, the same shall be resolved by Central Warehousing Corporation and if need be the particular lot/lots in question may be re-auctioned.

iii)  Bidders / Tenderers will not be allowed to admit any other person or assign, or sublet in any manner, the interest in the contract, after getting the offer.

iv)  The lot or lots shall be removed in full from the site with whatever faults and flaws in description or otherwise and no selection or sorting of the material will be allowed. Quantities, Quality, sizes, measurements, numbers and weights wherever stated are approximate.

v)  CWC does not give warrantee or guarantee of the Quantity, Quality, Chemical composition of each individual item in the lot or about the “End Use” or fitness for particular purpose.

vi)  Goods are sold on the assumption that the bidder has inspected the lots prior to bidding and know what he is bidding for. No complaint shall be entertained after the lot is allotted to him.

vii)  Goods may be sold singly or by clubbing them in lots as suitable, convenient and advantageous in the opinion of Central Warehousing Corporation.Lot will be put up for online auction / tender as per convenience of management of Central Warehousing Corporation & it is not obligatory to go serially.

viii)  Where specimen samples are shown it is clearly understood that the quality of the material inside the container / boxes / cartons / bales / cases etc. may not necessarily be of exact quality, quantity, weight, size, dimensions, specifications, features etc.