CATALOGUE SERIAL NUMBER: TRF/AHB/JUNE/015/16-17

May 27, 2016

Auction Catalogue

Auction conducted by A H Bilimoria& Co

Sale of Misc Items of TRF Limited on “As is where is” and “No Complaint” basis

Catalogue Serial Number: / TRF/AHB/JUNE/017/16-17
Materials : / Misc Items
Seller: / TRF Limited
Auction website: /
Auction Date & Time: / 20thJune 2016 (Monday), Time : 01.45 PM
Inspection Date & Time: / 17th June 2016(Friday) At 10.00 AM: For inspection of materials the interested customers should report at MAIN GATE OF TRF COMPANY, Near Tatanagar Railway Station, Jamshedpur-831001.
Date of Security Money Deposit / 20th June 2016 (Monday) up to 01.00 PM
Contact Details:
For Post Auction @ A H Bilimoria& Company
E-Auction Room / 033-2229-4833/6577
Inspection & Helpdesk / Mr. A Dey- 09831132642, Mr. BimalBhardwaj- 09431373386
Sale Confirmation Letter / Mr. A Das - 033-2229-4833 / 6577 / 2760, 30290771
Disablement / Mr. A Mazumdar- 09883421336
Customer Complaint / Mr. A K Sil – 09830074122, Mr. D Pyne – 09830438481
For any unresolved issues / Email_ ,
Escalation for unresolved issues / Mr. A K Sil – 09830074122, Email _ ,
For Commercial Issued @ TRF Limited:-
Contact Person / Mr. A K Thakur, E-Mail-
For Delivery related Issued @ TRF Limited:-
Contact Person / Mr. A K Thakur, E-Mail-
  1. MATERIAL DETAILS:

Quantity offered is based on eye estimation. Delivery will be made for the estimated quantity or actual ground stock, whichever is lower. Estimation error may arise. After inspection, no complaint of whatsoever nature on estimated /offered quantity shall be entertained under any circumstances. Bidders are advised to make their own judgement on offered quantity before bidding.

Note: TRFLtd. reserves the right to track IP address, MAC number and geolocation of bidding customers whenever customers participate in any auction on the A H Bilimoria & Co. auction platform for TRF Ltd.

LIST OF MATERIALS
Sl. No. / Location / Lot No / Material / Qty / RATE Basis / TAX DETAILS / CONTACT PERSON / CONTACT NO
1 / TRF Ltd. JSR / TRF/15-16/234 / MIXED GARBAGE ITEMS with Factory Sweeping from Incinator Bin. “AS IS WHERE IS” condition. / 400 Trip / Per Trip by 407 Vehicle / Excise Duty : Nil
Sales Tax : 5 %
TCS : 1 %
Loading: SELF / Mr. A K Thakur / 3046361
2 / TRF Ltd. JSR / TRF/15-16/178 / Disposal of Fused Bulbs, Tube Lights of various sizes & Watts and Boken Glasses in “AS IS WHERE IS “ condition . / 1000 / Kg / Excise Duty : Nil
Sales Tax : 5 %
TCS : 1 %
Loading: SELF / Mr. A K Thakur / 3046361
3 / TRF Ltd.JSR / TRF/16-17/ 016 / Disposal of Off Cuts of Multi Grades of Stainless Steel Plates of Various Shapes & Sizes in "As is Where is" Condition. / 3 / MT / Excise Duty : 12.5%
Sales Tax : 5 %
TCS : 1 %
Loading: SELF / Mr. A K Thakur / 3046361
4 / TRF Ltd.JSR / TRF/16-17/ 017 / WASTE OIL in 210 Ltrs Drums in "As is Where is" Condition. ( Hazardous Waste Certificate Required) / 2 / MT / Excise Duty : 12.5%
Sales Tax : 5 %
TCS : 1 %
Loading: SELF / Mr. A K Thakur / 3046361
5 / TRF Ltd.JSR / TRF/16-17/ 019 / Old & Used Tyres in "As is Where is" Condition. [ Tyre With Rim 9 x 20 = 2 Nos Tyre With Rim ( Size Unavailabe) = 1 Nos Tractor Tyre 16.9 x 28 = 2 Nos Tyre 9 x 20 = 2 Nos Tyre 8.25 x 20 = 2 Nos Tyre 7.50 x 16 = 2 Nos Forklift Tyre 7 x 12 = 4 Nos Forklift Tyre 6.5 x 10 = 2 Nos ] / 17 / Nos / Excise Duty : 12.5%
Sales Tax : 5 %
TCS : 1 %
Loading: SELF / Mr. A K Thakur / 3046361

Note: TSL reserves the right to track IP address, MAC number and geolocation of bidding customers whenever customers participate in any auction on the A H Bilimoria & Co. auction platform for TATA Steel.

B: Payment and Lifting Schedule:

Lot No / Payment Schedule / Lifting Validity up to
( EMD 10 % of Lot Value ) / 01st Installment / 02nd Installment
TRF/15-16/234 / 02 Working days from Date of Lot Confirmation / 02 Working days from Date of EMD / 03 Working days from Date of 01st Installment (Only Applicable if material value (Rate X Tonnage) crosses Rs. 10 Lakh] / 31st March 2017
TRF/15-16/178 / 02 Working days from Date of Lot Confirmation / 02 Working days from Date of EMD / 03 Working days from Date of 01st Installment (Only Applicable if material value (Rate X Tonnage) crosses Rs. 10 Lakh] / 30th June 2016
TRF/16-17/ 016,TRF/16-17/ 017,TRF/16-17/ 019 / 02 Working days from Date of Lot Confirmation / 02 Working days from Date of EMD / 03 Working days from Date of 01st Installment (Only Applicable if material value (Rate X Tonnage) crosses Rs. 10 Lakh] / 30th June 2016
  1. Suitable extension of due date for payment and lifting will be accorded in case of any eventualities like Strike/ Bandh/ Special restriction on vehicular movement imposed by the local Administration etc
  1. Requirements of participation:
  2. Registration: Before participation in the Auction, a prospective bidder shall be required to get registered with A H Bilimoria& Co. For details visit
  3. Documentation: The following documents need to be submitted by the bidder interested in participating in the Auction to A H Bilimoria& Co. prior to the

Date of the Auction.

  • PAN Card, TIN No, Registration Form
  • Letter of Interest duly signed and stamped by bidder.
  • Each page of the Terms & Conditions to be signed and stamped by the buyer and to be submitted to A H Bilimoria& Co.
  • Bidders are requested to submit copies of their SOI's before participating in the e Auction.
  1. Security Deposit: Non-Interest bearing security deposit of Rs.50, 000/- (Rupees Fifty Thousand only) in favour of “A H Bilimoria& Co.” payable at Kolkata/Jamshedpur.

2.4Modes of Security Deposit: PO / DD / CHQ or through NEFT in favour of "A. H. BILIMORIA & COMPANY" to be deposited with HDFC Bank A/c. No. 06932560001205, IFSC Code: HDFC0000693, Branch name: 31, Chowringhee Road, Kolkata – 700016.

  1. Inspection Rules & Policy:
  • All interested parties should reach at MAIN GATE OF TRF COMPANY, Near Tatanagar Railway Station, Jamshedpur-831001(Or as announced) on the date of inspection.
  • Only registered customers/bidders/representatives of firms shall be allowed for inspection of material, subject to fulfilling their safety requirement of the steel works.
  • Taking photographs of the material is strictly prohibited.
  • Customers are advised to ensure that they inspect the materials on offer onthe scheduled date as mentioned in the catalogue, before participating inthe Auction. It is retreatedthat all materials are offer / sold by TRF Limited on“AS-IS-WHERE-IS”and “NO-COMPLAINTS” basis, and no complaint what so evershall be entertained regarding the quality of materials after the sale.
  • “TRF Limitedwould not accept any claim from any customer for non-inspection of materials.”

Interested bidders have to come with safety shoes, safety jackets, and safety goggles & safety helmets at the time of inspection. All interested parties have to arrange for their own safety shoes, safety jackets, safety helmets and safety goggles as per TRF Limitedstandards. No person will be allowed to enter the works without these. Compliance to TRF Limitedsafety norms is a must. No complaints during lifting, in what-so-ever manner, will be entertained if customers fail to inspect the materials during scheduled inspection dates. No ''people movement'' shall be allowed within the danger zone, at the time of loading/delivery of materials from the yards. TRF Limitedwill not be responsible for any delays arising out of non-compliance to TRF Limitednorms.

  1. Bidding modalities:
  2. Price Bid Basis: In Indian rupees as per unit of measurement as given in Material List. Price to be quoted is basic, ex- location exclusive of excise duty (In case of consignment agency sale price to be quoted ex location inclusive of excise duty), Sales tax and any other statutory levies.
  3. Bid Increment : Rs.100/- ( Rupees Hundred only )/ (or as specified)
  4. Type of Auction: English No Ties
  5. Bid Validity: Bid shall be valid for10 (Ten working days excluding Sundays and holidays) counted from the next day of Auction process in case of Auction against a catalogue which is completed on the same day. And if it is continuing on any other day the counting of days for lot confirmation shall be from the next day of completion of entire Auction process.
  6. Bid duration: Lots open for bidding would be 10 minutes only. If, No bids received within these 10 minutes the lots are closed automatically.
  7. Auto Extension of the Auction Timings: In the event of bids in the last sixty (60) seconds of the scheduled bid time, the Bid Timings are automatically extended for One hundred eighty (180) seconds from each such bid. Such Auto Extension shall continue until no bids are placed for sixty (60) seconds (Engine remains inactive for sixty (60) seconds. The Inactivity Time for Auto Extension purpose is normally “3” minutes. "Service Provider" however retains the right to change the “Inactivity Time” as well as “Extension Period”. The Inactivity Time applicable for the particular Online Bid shall be visible to the customers on the Bidding page.
  8. Taxes & duties:
  9. VAT / Sales Tax : As applicable
  10. Excise Duty : As applicable
  11. TCS : As applicable. In case of availing of concessional rate of TCS proper certificate issued by appropriate Income Tax authority are to be issued in favour of the Principal Company along with payment. Self certification of Form no 27C is not acceptable. Form 27C will also have to be certified by appropriate Income tax authorities.

5.4CST: The differential CST of 3% has to be made separately and deposited along with EMD. The same will be refunded after receiving complete endorsed C form. CST 3% security deposit is to be made available at TRF Limited, Jamshedpuroffice on or before the due date of balance payment. Mode of payment of CST security deposit are:

5.5By way of PO/DD or through NEFT in favour of "TRF LIMITED " to be deposited with IDBI BANK A/C No-017655100000037, ( BRANCH CODE – 383 ), IFSC Code: IBKL0000383, Branch name: BISTUPUR,JAMSHEDPUR.

5.6Any change in Excise duty, taxes and levies applicable at the time of lifting shall be applicable.

  1. Payment terms & conditions :
  • Payments:PAYMENT FACILITY BY PAY ORDER / DEMAND DRAFT / RTGS / NEFT .
  • Account No : 017655100000037
  • Beneficiary name: TRF LIMITED.
  • Bank Name: IDBI BANK LIMITED, ( BRANCH CODE – 383 )
  • Branch Name: BISTUPUR,JAMSHEDPURIFSC Code: IBKL0000383 )

6.1EMD:10% of the material value to be paid within 02 (Two) working days from the date of lot confirmation. EMD to be adjusted in the final installment only. EMD payment is to be made within the time limit as given in letter of confirmation. No extension will be provided for the same.

6.2 Balance Payment Time: (As per payment schedule)

6.3Delayed Payment Charges (DPC): Installment payments with DPC @ five (05) paise per Rs. 100/- per day will be accepted up to 4 (Four) working days from due date of installment payment as mentioned in the confirmation letter. This is not applicable for EMD payment.

6.4Only Sundays are excluded for counting purpose for payment schedule.

6.5In the event of Non-Receipt of Payment within the stipulated period of Payment, the Sale Offer for the approved Lot shall stand withdrawn automatically.

6.6Buyers have to send the payment deposit slip (UTR No /Scan Copy of NEFT/RTGS Transaction Slip) against Lot No. immediately after the payment to TRF/AHB at email id: /

  1. Lifting terms & conditions:

7.1 DOs will be handed over to authorized representatives of bidders on receipt of payment. Lifting date is calculated from the next day of DO Release date.

7.2 Loading Charges:SELF

7.3 Loading shall be given strictly as per the statutory norms & safety norms of TRF Limited.

7.4 Lifting with Ground Rent: Lifting along with ground rent will be allowed up to 4 (four) working days from the last date of lifting period. In case thelifting is not complete, and no request is made by the customer within the period of four days, the company reserves the right to close the lot, and refund the balance to the party after deducting for any shortfall in lifting as per norms laid down in the catalogue. Ground Rent will be calculated on balance unlifted quantity @ 05 paise (inclusive of service tax) per Rs.100/- per day.

7.5 Additional lifting days for advance payment of installment - If the installment payment is made in advance, then additional lifting days (equivalent to the number of days payment made in advance) would be given. This would not be applicable for EMD payment.

7.6 PICK & CHOOSE NOT ALLOWED FOR ANY OF THE LOTS.

7.7 LOT TRANSFER WILL NOT BE ALLOWED & NO STOCK TRANSFER WILL BE DONE.

7.8 USE OF HYDRA CRANES BY CUSTOMERS IN ANY PREMISES/LOCATION /STOCKYARDS OF TRF LIMITEDAND ITS VENDORS/CONSIGNMENT AGENTS’ PREMISES IS BANNED.

  1. Penalties:
  2. The following penalties shall be applicable in the eventuality of a buyer defaulting in making the payment of EMD (wherever applicable) or any installment/s, as per the stipulated schedule for each lot, in a financial year:-
  • In the first instance, a penalty of Rs. 50,000/- (Rupees Fifty Thousand only) shall be recovered from the customer.
  • In the second instance, a penalty of Rs.100,000/- (Rupees One Lakh only) shall be recovered from the customer.
  • In the third, and any subsequent instance, a penalty of Rs.150,000/-(Rupees One Lakh Fifty thousand only) shall be recovered and the customer shall be debarred from participating in any E-Auction for a period of three months from the date of debarment.

In the event of any default, the customer’s user id will be disabled and the customer will be blocked from participating in any E-Auction of TRF Limited with immediate effect.

The defaulting customer shall be allowed 06 (six)) working days to deposit the penalty as mentioned above. In case the penalty is not received within the stipulated period, the customer’s security deposit shall be forfeited, and the defaulting customer shall be debarred from participating in any E-Auction of TRF Limited.

8.2If after making payment of EMD (wherever applicable), the installment payment/s are not madeby the customer as per the stipulated schedule for each lot, the entire EMD amount against such lot shall be forfeited.

8.3 In case of non- lifting of full lot quantity against DO after making full payment,

1st Instance: - A penalty equivalent to 20% of the material value for the un-lifted quantity against each lot will be recovered from the customer + EMD will be forfeited + Debarrment of customer from any auction of TRF limited for a period of 3 months.

2nd Instance :- :- A penalty equivalent to 20% of the material value for the un-lifted quantity against each lot will be recovered from the customer + EMD will be forfeited + Debarrment of customer from any auction of TRF limited for a period of 6 months.

3rd Instance: - :- A penalty equivalent to 20% of the material value for the un-lifted quantity against each lot will be recovered from the customer + EMD will be forfeited + Debarrment of customer from any auction of TRF limited permanently.

8.4Penalty for dishonour of cheques:

In case of dishonor of a payment instrument deposited by a customer for any reason whatsoever, the following shall be recovered from the customer:-

  • Rs.1000/- (service tax inclusive) in form of Demand Draft towards bankers charges per instrument.
  • Delayed payment charges @ 5 paise per Rs.100/- per day for the period of delay beyond the due date.
  • Penalty @ 1% ( Inclusive of service tax) of the dishonoured amount, subject to a maximum of Rs.25000/- ( Rupees Twenty Five Thousand Only) per dishonoured instrument

In case of non- compliance by the bidder the penalties as given in clause no. 7.1 shall be applicable.

8.5Penalty for dishonor of cheques submitted for CST payment :
In case of dishonor of a payment instrument deposited by a customer for any reason whatsoever, the following shall be recovered from the customer:-

  • Rs.1000/- (Rupees one thousand in form of Demand Draft) towards bankers charges per instrument.

DEFAULTS WOULD BE COUNTED AGAINST TRFLIMITED AND NOT AGAINST A PARTICULAR AUCTIONEER

9Lot Closure Norms:For Lot Closure, The Tolerance would be +/- 10 % of the original Quantity.

10Refund :

10.1AHB undertakes to refund the security deposit collected against concessional CST within 7 working days of receipt of duly endorsed C Forms complete in all respects, failing which AHB shall pay Delayed Refund Charges (DRC) to the customer @ 12% p.a. for the delayed period. Such DRC shall be payable only against a written claim, to be submitted by the customer to AHB within 1 month from the date of receipt of such refund.

10.2For refund issues please contact Mr. ArunDey (09831132642) or Mr. John (033-2229-4833 / 6577/ 2760). Bidders have to mention their contact address, contact person, telephone number and email ID

11Complaints :

Complaints, if any, with regard to any transaction shall have to be lodged by the buyer within three calendar months from the date of last invoice. No complaint shall be entertained thereafter, under any circumstances.

12Jurisdiction :

Any dispute arising out of any contract shall be decided in Jamshedpur by the courts in Jamshedpur and by no other courts. The courts in Jamshedpur shall have exclusive jurisdiction to adjudicate upon any such dispute.

13General terms & conditions:

13.1Any dispute on condition of material shall not be entertained at any point after confirmation of lot.

13.2All materials are offered/sold on “As is where is Basis” and “No Complaint Basis”.

13.3Payment and invoicing has to done in the name of the H1 bidder, subject to the prices being approved.

13.4Material purchased should be the only material being lifted from the designated location. TRF Limited has the right to check any vehicle at any moment of time. If material lifted differs from the material that is purchased by the buyer, and then the buyer/authorized representative will be permanently debarred and penal action against the buyer/ authorized representative as deemed fit shall be taken by TRF Limited.

13.5If the safety compliance is not followed then TRF Limited can penalize the buyer/authorized representative as deemed fit.

13.6These terms and conditions as stated above supersede the relevant terms & conditions that are given in TRF LimitedTerms and Conditions.

The terms & conditions not covered above will be as per TRF LimitedGeneral Terms and Conditions.

Revised Standard Terms & Conditions For TRF Limited.

13.7 TRF reserves the right to withdraw the materials in part or in full, without assigning any reason, before the materials is removed from the works.

14Photographs of lots are at best indicative only and do not necessarily reflect the actual condition of lots. All bidders are advised to physically inspect the offered lots before participating in the Auctions. TRF Limitedor AHB shall not be responsible or liable for any error of judgment or bids put by bidders acting on the basis of these photographs.

15Documents for verification regarding entry of vehicles inside TRF Limitedworks :

A.Effective 15.06.2014, Eye Test certificate production is mandatory for all Truck Drivers. If the age of the driver is less than 45 years frequency of production of such certificate is once a year and if the age of the driver is more than 45 years the frequency of production of such certificate will be at an interval of every 6 months.

16. Compliance to safety norms

15

16

16.1 Authorized persons (of the customer) involved in lifting of the materials will be allowed only with Personal Protective Equipments (PPE) i.e.,Safety Shoes, Safety Helmet, Safety Goggles, Fluorescent Jacket and Hand Gloves. No "people movement" shall be allowed at the time of loading/delivery of materials from the yards" TRF Limited will not be responsible for any delays arising out of Non- Compliance to the Safety Norms.