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E-AUCTION NOTICES

E-Auction of E-waste Items Split/Window Air-conditioners, Fans, Coolers, Monoblock pumps, Office Furniture & Misc. for Authorized Recyclers, dismantler, Collector, registered with SPCB or PCB, will be held on Monday, the 20^th May-2024 at 2:30 P.M. Inspection can be done on 16^th & 17^th May-2024 from 11:00am to 3:00 pm. at Institute of Economic Growth,  University Enclave, University of Delhi, (North Campus), New Delhi – 110 007.

  Terms: - The Items will be auctioned and will be lifted by the highest bidder on “As is Where is Basis, No Complained Basis”. As the Material is broken and in Scrap Condition, the Bidder needs to satisfy by comparing the material with the List. No complaint shall be entertained after the Auction. The Security Deposit of Rs. 20,000/- (Rs. Twenty Thousand only) only in form of NEFT in f/o M/s. Accurate Auctioneers, to be deposited by each bidder before Auction. Acceptance of the highest Bid Will be Subject to approval of competent authority. The validity of Bid is 45 days. Payment of highest bid will be made within 5 working days through DD. Nonpayment security will be forfeited. The auctioned material must be removed within 3 days from the date of depositing of highest bid. A penalty of Rs. 500/- per day will be charged for delay.

M/s Accurate Auctioneers shall be the facilitator for the online bidding process, on behalf of this Ministry and shall provide the electronic platform to aid the online bidding process.    

MEMBERSHIP FEE IS COMPULSOTY FOR EVERY BIDDER. 

 Details of Bank:

NAME: ACCURATE AUCTIONEERS

PUNJAB NATIONAL BANK,

GANDHI NAGAR DELHI-31

A/c NO. 00851131000809

IFSC CODE: PUNB0008510