THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (ICAI) EXPRESSION OF INTEREST FOR. Sale of Non-Agricultural LAND (Residential) AT SANGLI

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1 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (ICAI) EXPRESSION OF INTEREST FOR Sale of Non-Agricultural LAND (Residential) AT SANGLI THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA H.O.: ICAI Bhawan, Indraprastha Marg, New Delhi Branch Address: ICAI Bhawan, Block No 9 & 10, Anandi Vilas Apartment, Near SamratVyayam Mandal, South Shivaji Nagar, Sangli

2 The Institute of Chartered Accountants of India (ICAI) ICAI Bhawan, Indraprastha Marg, New Delhi Branch Office: ICAI Bhawan Block No.9-10, Anandi Vilas Apartment, Samrat Vyayam Mandal, South Shivaji Nagar, Sangli Ph: Expression of Interest (EOI) FOR SALE Non-Agricultural Plots 29 & 30 (C. S. No. 315/A) admeasuring 5000 Sq. ft. in Residential Zone at Sahyadrinagar, Sangli , four Kms. from Sangli ST. Stand and one km. from Sangli Railway Station, belonging to ICAI, are proposed to be sold through bidding. Interested parties may send their offer/bid in sealed envelope in prescribed form along with Demand Draft for token money (1% of Bid Amount) drawn in favour of The Secretary, the Institute of Chartered Accountants of India, payable at New Delhi, to the Branch office, within 21 days of the publication of this advertisement. The detailed terms & conditions and prescribed format of Bid Application are available at ICAI s website ICAI reserves all rights to reject any or all offers/quotations without assigning any reason. Secretary, ICAI 2

3 IMPORTANT INSTRUCTIONS TO APPLICANT AND TERMS & CONDITIONS 1. This document contains Open Offer Document (Details) and Price Offer, which are to be duly filled in by the applicant. 2. Application forms may be collected from Sangli Branch Office or downloaded from the website of the Institute of Chartered Accountants of India, i.e., 3. All application shall be accompanied with DD/Pay order for an amount of Rs.3,000/- ( Rupees Three Thousand Only) (non- refundable) in favour of Secretary, The Institute of Chartered Accountants of India payable at New Delhi towards cost of application and all the relevant documents. 4. Bidder should not make any alteration in the offer document without due signature or initials. 5. Duly filled in applications along with Demand Draft for token money (1% of Bid Amount) drawn in favour of The Secretary, the Institute of Chartered Accountants of India, payable at New Delhi should be kept in two separate sealed envelopes clearly mentioned as Part -I: Open Offer Document (Details) and Part II: Open Offer Document (Price Offer). Both the sealed envelopes to be put into another envelope and it should be superscribed as RESPONSE TO EXPRESSION OF INTEREST FOR PURCHASE OF LAND AT SANGLI and must be sent either by registered post or speed post to The Chairman, Infrastructure Committee of SANGLI Branch of WIRC of ICAI, Block No 9 & 10, Anandi Vilas Apartment, Near SamratVyayam Mandal, South Shivaji Nagar, Sangli , (MS) or delivered by hand at the Sangli Branch Office. 6. Any bid not accompanied by a Token money (1% of Bid Amount) shall be rejected by ICAI. 7. No interest would be paid by ICAI on Token money Deposit. The Token Money may be forfeited if the bidder withdraws his bid during the period of bid validity i.e. 90 days from the opening of Bid. 8. The bidder shall fill in the rates and amount both in figures as well as in words. 9. If the space in the proforma is insufficient for furnishing full details, such information may be supplemented on separate sheets of paper, stating therein the part for the proforma and serially numbered. 10. Each page of the Bid Document is required to be signed and dated by the Bidder's authorized representative. 11. The application shall be signed by person/persons on behalf of the organization having necessary authorization/ Power of Attorney to do so. 12. The last date of receipt of duly filled in applications is on or before till 5:00 PM. 13. Applications received after the stipulated date and time shall not be entertained. The ICAI shall not be liable for any postal delays whatsoever and applications received after the stipulated time/date are liable to be rejected without giving any reason. 14. In case of incomplete submissions, ICAI shall be under no obligation to give the applicant an opportunity to make good such deficiencies and ICAI may at its discretion treat such applications as incomplete and may not consider for further evaluation. 15. Offer containing false and/or inadequate information is liable for rejection. 16. Conditional offer applications shall be rejected. 3

4 17. ICAI reserves the right to accept or reject any or all offer applications in part or full without assigning any reason thereof. 18. No oral request will be entertained. 19. For any information, the applicants may contact at ICAI Sangli Branch office at Block No 9 & 10, Anandi Vilas Apartment, Near Samrat Vyayam Mandal, South Shivaji Nagar, Sangli , (MS), Phone; or icaisangli@gmail.com. 20. Bid will be opened on 08/06/2016 at 05:00 PM at ICAI Sangli Branch office at Block No 9 & 10, Anandi Vilas Apartment, Near Samrat Vyayam Mandal, South Shivaji Nagar, Sangli , (MS) in presence of Bidders who choose to be present. Bidders are requested to remain present on the above referred date and timings, for which no separate intimation will be given. 21. In the event of offer document opening day happens to be a holiday then the offers shall be opened on next working day at the same time and venue. 22. ICAI reserves the right of negotiation of bid amount with bidder/s. 23. ICAI shall communicate the acceptance/non acceptance within a period of 30 days of opening of Bid. In case of unsuccessful applicants, the TOKEN MONEY/demand draft amount of bid amount shall be returned to them. 24. The cost/expenses incurred towards stamp duty, Registration and other statutory charges shall be exclusively borne by the Bidder/s only. 25. While making the payment to ICAI, the buyer may deduct Income Tax at source as per prevailing provision of income Tax Act.1961 against ICAI PAN No.AAAAT7798M. 26. For all the disputes and differences that may arise out of or any way touching or concerning this document or transaction arising thereunder whatsoever, the courts at Sangli shall have exclusive Jurisdiction. I/We have read all the terms and conditions mentioned hereinabove and the same are acceptable to me/us. Place:. Date: /./ Signature of bidder/s With Designation and stamp 4

5 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA H.O.: ICAI Bhawan, Indraprastha Marg, New Delhi Branch Address: ICAI Sangli Branch office at Block No 9 & 10, Anandi Vilas Apartment, Near Samrat Vyayam Mandal, South Shivaji Nagar, Sangli , (MS) OPEN OFFER DOCUMENT NO. I Sale of Non-Agricultural LAND (Residential) AT SANGLI (Bidder Details) OPEN OFFER DOCUMENT NO. I TO BE SUBMITTED IN SEPARATE ENVELOPE BY SUPER SCRIBING THEREON AS OPEN OFFER DOCUMENT NO. I (Bidder DETAILS) 5

6 Open offer Documents I Document Sr. No.... Dated... Details of Application fee DD/Pay Order No: Date: Bank: Rs.3,000/- Signature and Seal of Bidder OFFER DOCUMENT I (Bidder Details) Date:./../. To The Chairman Infrastructure Committee of SANGLI Branch of WIRC of ICAI Sangli Dear Sir, Sub: Your Advertisement in.. News Paper Dated.. for Sale of Non-Agricultural Plots 29 & 30 (C. S. No. 315/A) admeasuring 5000 Sq. ft. in Residential Zone at Sahyadrinagar, Sangli With reference to the above cited subject, I / We hereby submit my/our offer to Purchase the plot of land from The Institute of Chartered Accountants of India under Open offer. I / We are giving the brief details as under 6

7 A. About the Bidder/s: Sr. No. Required Information 1. Name/s of bidder/s and Address : 2. Bidder s organization : (Individual/HUF/AOP/partners hip firm/company etc.) 3. PAN : 4. In case of Individual: Name, Age, Occupation and Address. 5. In case of HUF : Members name, Age, Occupation and Address. Information to be filled in by Bidder/s 6. In case of AOP Name, age, occupation and Address of members of Association. 7. In case of partnership firm : Name, Age, Occupation and Address of partners. 8. In case of company : Name, Age, Occupation and Address of Directors. 9. Details of contacts of the Bidder/s : Telephone Nos.: Mobile Nos.: Address : Sr. No. B. Certified copies of the following documents to be attached by the bidder Document 1. Pan Card/s of the Bidder/s 2. Memorandum and Articles of Association, in case of company, Remarks 7

8 Sr. No. Document Partnership Deed and Registration Certificate in case of partnership firm. 3. List of HUF members as certified by Bankers along with partition deed, if any, 4. Certified Copy of Income Tax Returns for previous Three years 5. A list of arbitration cases and/or legal cases pending in the courts involving the applicant together with the status of the cases may kindly be furnished. Remarks I/We have read and understood the instructions and the terms and conditions contained in the application form. I/We do hereby declare that the information furnished in the application and in the supplementary sheets from pages to is correct to the best of my/our knowledge and belief. I/We have visited the site of referred plot of land at given address and verified the relevant documents including legal title which is found suitable for me/us and accordingly, I/We am/are offering to Purchase the same I/We are also aware that our offer may not be accepted by the Institute of Chartered Accountants of India and may be rejected without assigning any reasons therefor. I/We submit financial offer in Open Offer Document No. II, Sr. No. Dated./../.. along with DD for Rs. 3,000/- towards cost of offer document and DD for Rs. towards TOKEN MONEY in a separate sealed envelope. Place: Date: / / Signature of bidder/s With Designation and Stamp 8

9 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA H.O.: ICAI Bhawan, Indraprastha Marg, New Delhi Branch Address: ICAI Sangli Branch office at Block No 9 & 10, Anandi Vilas Apartment, Near SamratVyayam Mandal, South Shivaji Nagar, Sangli , (MS) OPEN OFFER DOCUMENT NO. II FOR Sale of Non-Agricultural LAND (Residential) AT SANGLI (Price Offer) TO BE SUBMITTED IN SEPARATE ENVELOPE BY SUPER SCRIBING THEREON AS OPEN OFFER DOCUMENT NO. II (PRICE OFFER) 9

10 Open Offer Document II (Price Offer) To, The Chairman Infrastructure Committee of Sangli Branch of WIRC of ICAI Sangli Date:. /../. Dear Sir, Sub: Your Advertisement in.. News Paper Dated.. for Sale of Non-Agricultural Plots 29 & 30 (C. S. No. 315/A) admeasuring 5000 Sq. ft. in Residential Zone at Sahyadrinagar, Sangli I/We have read and understood the instructions and the terms and conditions contained in the application form. I/We do hereby declare that the information furnished in the application and in the supplementary sheets from pages to is correct to the best of my/our knowledge and belief. In continuation to our submitted offer document No. I dated /../.. with reference to the above cited subject, I/We give the following financial offer for the Purchase of Non- Agricultural Plots 29 & 30 (C. S. No. 315/A) admeasuring 5000 Sq. ft. in Residential Zone at Sahyadrinagar, Sangli owned by ICAI. Purchase Price offer: Rs. /- (Rs only) Terms of payment 1. Rs...i.e.@ 1% of the bid amount along with this Financial Offer 2. Rs... i.e.@ 10% (Cumulative) of Final Offer within 15 days from opening of tender documents (financial Bid) 3. Rs... i.e.@ 90% of Final Offer within 60 days from opening of tender documents. I/we are aware that the execution of Sale deed and handing over complete possession on the property by ICAI will be completed only after receiving full amount of Final offer. I/We are aware that my/our offer may not be accepted by The Institute of Chartered Accountants of India and may be rejected without assigning any reasons therefor. I/We have submitted Open Offer document No. I Sr. No... dt /./. in a separate sealed envelope. 10

11 I/We agree that in case of my/our offer is accepted and balance payment of Final Offer is not made by me/us within stipulated time i.e. Sum due within 15 days/60 days from opening of tender documents, then amount paid by me/us earlier will be forfeited by ICAI Place:. Date: /./ Signature of bidder/s With Designation and stamp 11

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