MUMBAI INTERNATIONAL AIRPORT PVT. LTD. CHHATRAPATI SHIVAJI INTERNATIONAL AIRPORT MUMBAI 400 099 TEL.: 022 66850458 TERMS AND CONDITIONS FOR E-AUCTION OF OFFICE EQUIPMENT AND MATERIALS BELONGING TO KINGFISHER AIRLINES LTD. DISPLAY ON 25.09.2017-27.09.2017 (11 am to 5 pm) E-AUCTION VENUE www.aaacpl.com ON 05.10.2017 (THURSDAY)
MUMBAI INTERNATIONAL AIRPORT PVT.LTD CHHATRAPATI SHIVAJI INTERNATIONAL AIRPORT, MUMBAI 400 099 (PROCUREMENT DEPARTMENT) TEL : 66850458 SALE THROUGH E-AUCTION ON AS IS WHERE IS BASIS AND ON NO COMPLAINT BASIS DATE OF INSPECTION : 25.09.2017-27.09.2017 (11:00 am to 5:00 pm) DATE OF E- AUCTION : 05.10.2017 (11:00 am to 11:30 am) VENUE OF INSPECTION : MUMBAI INTERNATIONAL AIRPORT PVT.LTD. CHHATRAPATI SHIVAJI INTERNATIONAL AIRPORT TERMINAL 2, ANDHERI (EAST), MUMBAI 400099 E-AUCTION SALE DATE & TIME OF E- AUCTION: 11:00 AM TO 11:30 AM ON 05.10.2017
M/s. A.A. Auctioneers & Contractors Pvt. Ltd. Shop No.20, Kohinoor Society, Opp. BMC School, Link Road, Sakinaka, Mumbai 400 072 E-Auction SALE on 5 th October 2017 For and on behalf of MUMBAI INTERNATIONAL AIRPORT PRIVATE LIMITED Chhatrapati Shivaji International Airport, 1 st Floor, Terminal 1B, Santacruz (East), Mumbai 400099. Ph. : 66850458 Pursuant to the orders / directions of the Hon ble Karnataka High Court, Mumbai International Airport Pvt. Ltd. (hereinafter referred to as MIAL or the Custodian ) is organizing an online e-auction of office equipment and materials belonging to Kingfisher Airlines Ltd. lying at Chhatrapati Shivaji International Airport, Mumbai through M/s. A.A. Auctioneers & Contractors Pvt. Ltd. (hereinafter referred to as AAACPL OR The Auctioneer on their Portal www.aaacpl.com SCHEDULE OF PROGRAMME Online Auction Date: 05.10.2017 Time of Auction 11:00 am to 11:30 am (IST) Date/Time -Inspection of Materials Venue for Inspection Caution Money Deposit (CMD) for On-line Auction (Refundable) Date and Time for Payment of Caution Money Date: 25.09.2017-27.09.2017 Time: 1100 hrs to 1700 hrs Unit no: E6-1030, North East Pier, at Terminal 2,Chhatrapati Shivaji International Airport, Andheri (East), Mumbai 400 099 Tel No. 022 66850458 Please note that persons visiting the airport for inspection are required to carry two identity proofs (Aadhar Card compulsory) and one photograph. Rs.1,25,000/- (Rupees One Lac Twenty Five Thousand Only) From 28.09.2017 till 03.10.2017 between 1100 hrs to 1700 hrs at office of A.A. Auctioneers & Contractors Pvt. Ltd., Shop No.20, Kohinoor Society, Opp. BMC School, Link Road, Sakinaka, Mumbai 400 072 All Bids will be accepted on Subject to Approval/Subject to Confirmation Basis.
Kindly note the intimation of Confirmed Acceptances for sale by e-auction will be sent ONLY THROUGH e-mails and Not by Courier / Post. All payments of CMD to be made by way of a Demand Draft/Pay Order Drawn on any Scheduled Commercial /Nationalized Bank in the favour of Mumbai International Airport Private Limited payable at Mumbai. SPECIAL INSTRUCTIONS : (Costs towards its compliance if any to be borne solely by the successful Bidder) 1. The successful bidder will have to get the necessary License / permission from Concerned / appropriate Authorities, if required. 2. Any other statutory compliance if required has to be complied with by the successful bidder. 3. NOTE : CHANGE OF NAME WILL NOT BE ALLOWED DESCRIPTION OF OFFICE EQUIPMENT AND MATERIALS BELONGING TO KINGFISHER AIRLINES LTD. Metal Boxes, Drawers, Revolving chairs, Fire Extinguishers, Aluminium Trays, LCD monitors, CPUs, Portable oxygen cylinder, Slotted Angle Racks, Electrical Spares and equipment, Computer peripherals, Electronics items, Plastic goods and many other ATTRACTIVE ITEMS. The above referred date for Auction is liable to be postponed to the next working day in case of any un-scheduled unforeseen Holiday / Bandh or for any administrative reason, etc. GENERAL TERMS & CONDITIONS Subject to the reserve price fixed by MIAL, or persons duly authorized in this regard by MIAL and subject to the terms & conditions contained herein, all sale shall be made to the highest bidder on AS IS WHERE IS BASIS WHATEVER IT IS and on NO COMPLAINT BASIS. 1. SELLER: Seller referred to in these conditions of sale is MIAL, as directed by Karnataka High Court vide Order dated 06.07.2017 passed in Company Application No. 63 of 2017 read with Order dated 07.09.2017 passed in Company Application No. 350 of 2017. 2. AUCTIONEER: AAACPL is an agency appointed as an auctioneer to facilitate e-auction by the Custodian. They are expected to facilitate organizing and conducting an auction and are considered as third party not particularly interested in the item/s being sold for and on behalf of the MIAL. 3. BIDDER: Any person representing as an Individual OR as Proprietor OR as a Partner OR as an Authorized Representative of any company and who is paying the Caution Money Deposit ( CMD ) and getting Registration with AAACPL is considered as a registered bidder. One individual can represent
as a bidder on his own behalf or on behalf of his company. But he cannot register separately for himself & company at the same time. Bidder must read the terms and conditions of the auction sale very carefully and then only place his signature on the Registration-cum-Acceptance Form given in Annexure-I. He is also expected to record his address, Telephone Numbers, Fax No, e-mail address, as all the communication would be forwarded only at that address. 4. AAACPL runs its business on a Website. However, it is out-sourcing server space from a third party hosting company and hence shall ensure the smooth running of the website in all good faith and intention. MIAL / AAACPL will not be held responsible for any failure of power, network, server, hosting server, internet connectivity, ISP or otherwise at Bidder s end or at MIAL / AAACPL directly or indirectly affecting Online method of Bidding. 5. All the office equipment and materials will be sold as ONE LOT. PARTICIPATION 6. The prospective bidder has to register with the auctioneer at A.A. Auctioneers & Contractors Pvt. Ltd., at Shop No.20, Kohinoor Society, Opp. BMC School, Link Road, Sakinaka, Mumbai 400 072 (hereinafter referred to as Auctioneer Office ). 7. The prospective bidder shall deposit Caution Money Deposit of Rs.1,25,000/- (Rupees One Lac Twenty Five Thousand Only) at the time of registration by way of Demand Draft / Pay Order ONLY drawn on any Scheduled Commercial / Nationalized Bank drawn in the favour of Mumbai International Airport Pvt. Ltd. payable at Mumbai. CASH WILL NOT BE ACCEPTED. 8. On receipt of CMD along with the REGISTRATION-cum-ACCEPTANCE Form (Attached with catalogue) the prospective bidder will be given a User ID and Password. Bidders SHOULD NOT disclose their User ID and Password to anyone and safeguard its secrecy at all times. It is not possible to change the User ID OR the Password for the auction for which they have registered. Kindly note, under no circumstances User ID and Password would be given over the telephone OR any other e-mail address. 9. All communication shall be by email only. Please note that no postal / courier communication shall be forwarded. CMD PAYMENT, CMD REFUND AND CMD FORFEITURE 10. The Non-interest bearing Caution Money Deposit (CMD) paid before the start of the auction is adjustable in the balance full payment as per the bid by the
successful bidder. The CMD of the successful bidder will be retained, whereas the CMD of the un-successful bidders will be returned on the next working day by the Auctioneer after the close of the auction at Auctioneer Office. 11. Successful bidder has to pay the full payment as per the bid within the stipulated time detailed hereunder. Failing to pay the required full payment will lead to the forfeiture of the CMD deposited and the such bidder will be barred from taking part in the future auctions / tender sales. The lot will be sold to the next highest bidder at the sole discretion of MIAL. Successful Bidder is required to make full payments as per bid. CONFIRMATION 12. The highest bid will be taken ONLY on Subject to Confirmation basis. After the closure of the auction, the acceptance of the successful bidder will be intimated by the Auctioneer ONLY through e-mail upto 1800 hrs on working days. 13. Please note the intimation of Confirmed Acceptance for sale by e-auction will be sent ONLY through E-mail and Not by Courier / Post. 14. Within three working days from the date of such intimation, the highest / successful bidder has to pay full amount as per his bid less the CMD deposited earlier, at the Procurement Department of MIAL at Chhatrapati Shivaji International Airport, 1 st Floor, Terminal 1B Santacruz (East), Mumbai 400099 by way of Demand Draft / Pay order only drawn on any scheduled Commercial / Nationalized Bank in favour of MUMBAI INTERNATIONAL AIRPORT PVT. LTD. payable at Mumbai. 15. If no intimation reaches the successful bidders beyond a reasonable time for reasons beyond the control of the Auctioneer / MIAL, the bidders shall endeavour to find out the status before the expiry of the above time limit. It is explicitly made clear that Non-receipts of Intimation from the Auctioneer /MIAL shall not be an excuse for non-payment and CMD will be forfeited if the highest / successful bidder fails to pay the required total amount as per the bid before the due date. 16. The Successful bidder has to make the full payment as per the bid and take the delivery of all office equipment and materials within 7 working days therefrom, failing which full amount deposited will be forfeited. Further, such bidder shall not have any claim in the subsequent disposal of the subject lot. Auction Sale Gate Pass for removal of goods will be issued by MIAL only after full payment of MIAL dues. 17. If the bidder fails to make payment and / or take delivery of the office equipment and material within the allowed period, MIAL shall have the right to auction the un-delivered material immediately without any intimation to the
successful bidder and the bid money deposited by the bidder shall be forfeited. TAXES and OTHER INCIDENTAL EXPENSES: 18. All bids are invited for the net amount accruable to MIAL and relevant taxes, levies, etc. of State, Central Government and as also Local self-government such as GST, VAT, Octroi or any other applicable tax will be calculated as extra. All the taxes as stated herein shall be paid by the Successful bidder before taking delivery. 19. It is expressly made clear that, the successful bidder should have the applicable license(s) etc. for the goods they are bidding for. 20. The intimation of confirmed acceptance of Bid and Sales Invoice will be issued ONLY in the name of the Bidder as is recorded in the Registration Form. Any further correspondence will be only with the Bidder(s) on his / her name and address as recorded in the Registration Form. Kindly note that any request for change in Bidder Name shall not be entertained under any circumstances. 21. Goods are sold on AS IS WHERE IS BASIS WHATEVER IT IS and on NO COMPLAINT BASIS. Quantities, qualities, sizes, measurements, numbers and weights whether displayed on the system, at the time of Online Auction Sale or specified in the catalogue are sold on the assumption that the bidders have inspected the same and known what they are buying. The doctrine of Caveat emptor will apply. The Auctioneer / MIAL do not give any guarantee or warranty or undertake any responsibility for the make, manufacture, description, quantity, quality, condition, size, weight, grade, accuracy, soundness, completeness, etc., of the goods mentioned in the catalogue or displayed in the system. The entire lot shall be removed in full from the site with all faults and flaws, if any, in description or otherwise and no selection or sorting of the material will be allowed. No complaint will be entertained after the lot is knocked down. INSPECTION 22. All bidders shall be deemed to have read and acquainted themselves with these conditions of sale and agreed to bid subject to these conditions only. 23. No sale shall be invalidated by reason of any defect or default in the lot or on account of the lot being inadequately described and no compensation shall be paid in respect of such default or deficiency of description. AMENDMENTS
24. MIAL reserves the sole right to make any announcements during the auction including any amendments in the conditions mentioned in the catalogue and/or addition / deletion of items being offered for sale. 25. Entire lot or part thereof may be withdrawn from the sale at any time before it is actually physically delivered out of campus without disclosing the reason for such withdrawal. However, if any payment has been made it would be refunded without any interest thereon. DELIVERY 26. The goods shall be lying in the premises after the conclusion of the bidding at the sole risk and cost of the successful bidder in all respects and the bidder shall take the delivery at his own expenses within seven (7) working days from the date of intimation through e-mail and in any case not later than the period prescribed above. 27. Delivery of goods will have to be taken as per e-mail sent by the Auctioneer within the next three working days of completion of the formalities (if any) and subject to receipt of full payment by MIAL and it would be effected during normal working hours only. In order to complete delivery within the working hours all loading must be completed half an hour before the closing time. 28. Should the Successful Bidder wish to take the delivery of the lot through his representative, he must authorize his representative through a letter of authority, which shall be presented to MIAL. Delivery by proxy will be at the bidder s sole risk and responsibility and no claim shall lie against MIAL if the delivery is effected to wrong person (s). 29. When the lot sold is not available for any reason for delivery, amount received against sale will be refunded to the bidder without interest. The decision of the AVP, Operations Procurement, MIAL will be final and binding on the bidder in this regard. No interest shall be payable on such refund. 30. Delivery orders / Gate Passes will be made out in name of the successful bidder only. 31. MIAL reserves the right to withdraw the Lot from the Auction Sale in part or full without assigning any reason, before Physical delivery of Materials is effected on the merits of each case. In such cases the money already paid as complete payment(s) as per bid of the Lot shall be refunded to the bidder on pro-rata basis, without any interest, as the case may be. EXCLUSIVE RIGHTS 32. MIAL reserves the right to modify and amend Terms and Conditions and display the same if need be while the auction is in progress or prior to commencement of auction.
ARBITRATION 33. In the event of any dispute the same shall be referred to a sole arbitrator to be appointed by the Managing Director of MIAL and the Arbitration proceedings will be governed by Arbitration and Conciliation Act 1996 or any statutory modification or re-enactment thereof for the time being in force. The jurisdiction for filing the award into court or any other proceedings under the Arbitration Act shall be that of courts in MUMBAI City and the proceedings shall be conducted in English language only. All expenses pertaining to Arbitration shall be borne by the bidder alone. 34. MIAL will not be in any way responsible for failure to deliver the goods as per delivery schedule due to causes beyond their control such as strikes, lockouts, cessation of labour, shortened hours, acts of God or other causes whatsoever. The bidder shall not be entitled to cancel the contract and the period of delivery shall be extended accordingly as may be notified. STEPS FOR ACTUAL BIDDING PROCEDURE Go to www.aaacpl.com and Enter Login ID and Password. When a bidder logs in on www.aaacpl.com it is deemed that the bidder has accepted the Terms & Conditions of the Seller. After successful login the bidder will be able to view all the details about the auction. The bidding screen will be available to the bidder to start bidding. There will be lot number and Lot name describing the lot on hyperlink. Current bid column will show the highest bid for the lot. Your bid column will show the bid amount for the lot by the bidder. Bidder can click on the bid button in the row of the lot to bid for the lot. (The Bid should be placed without any decimal or Comma marks) This will lead to a pop-up window to enter the bid amount for the lot. The bid amount should be greater than the current bid amount for the lot. The auction is set for the particular time period and 30 (Thirty) minutes at the maximum shall be allotted. Bidding will automatically stop at the end of the time period. The server time will always be shown on the bidding screen to know the start time, remaining time and the time of close of auction. There is NO TIME EXTENSION AVAILABLE. Highest bids made by the bidders are taken only Subject to Approval from the seller at the close of the auction. The bid value last accepted by the system will be taken for deciding the status. Only if two bidders bid with same amount, the first bid received by the server will be the winning bid.
The bidders would be required to feed their bid amount by using keyboard only. There is no provision for increasing the bid by clicking at the key button for highest Bid + Increment. All Bidders are required to ascertain their current highest bid status in the bid-history screen by way of abundant precaution constantly. A NOTE OF CAUTION FOR THE BIDDERS Bidding during the last minutes of e-auction may encounter certain unforeseen problems such as time-lag, heavy traffic, system / power failure at the user end etc. In order to avoid such problems and also not to lose out bidding, the bidders keen on buying any particular lot, are advised not to postpone the bidding to the last moment and to give their maximum bid at the earliest. *^*^*^*^*^*^*^*^*^*^*^*^*^*^*^*^*^*^*^*
MUMBAI INTERNATIONAL AIRPORT PRIVATE LIMITED ANNEXURE I Format of Acceptance Form to be duly filled and submitted along with visiting card at the office of A.A. Auctioneers & Contractors Pvt. Ltd., at Shop No.20, Kohinoor Society, Opp. BMC School, Link Road, Sakinaka, Mumbai 400 072 along with Caution Money Deposit (CMD). Note All entries compulsory I/We confirm having REGISTRATION cum ACCEPTANCE FORM 1. Gone through the above-mentioned terms and conditions and steps for actual bidding process and agree to take part in the e-auction for sale of office equipment and materials by Mumbai International Airport Private Limited. 2. I/We have read the terms & conditions mentioned in the catalogues & I/we confirm that, I/we have understood the same very clearly. There is no ambiguity whatsoever & they are acceptable to me/us & shall be binding on me/us. 3. The decisions on all issues taken by representatives of Seller in all respects shall be binding on me/us. 4. I/we also undertake to abide by the additional conditions if announced during the auction including the announcement of correction in catalogue and / or additions or deletions of items being offered for sale. 5. I/we note with due care that the Auctioneer shall be making the announcements of correction with the consent and knowledge of the Custodian and auctioneer shall not be liable for these last minute changes. 6. Having inspected the material and having been satisfied with the condition and type of the same, I/we agree to take part in this e-auction on an AS IS WHERE IS BASIS AND WHATEVER IT IS and NO COMPLAINT BASIS. 7. I/We also understand that I/we am/are legally bound to purchase the material at the Price at which I/we place the bid.
NO: Name of the Company Contact Person (s) Designation Address Phone/Fax Mobile No. E Mail 1) 2) GST: No. PAN In the event of any above information being found in-correct / in-complete, our Participation shall be liable to cancellation by MIAL at any time and I/we shall not be entitled to any claim for Refund arising from the same. CMD Amount: Rs. 1,25,000 (Rupees One Lac Twenty Five Thousand Only) paid vide Receipt No. : DD / PO No. : Dated: Bank Name and Branch: Signature of Authorized Signatory with Name and Co. Seal.