Auction Catalogue

Auction conducted by mjunction services ltd

SALE OF SECONDARY PRODUCTS MATERIALS OF DANBLOCK BRAKES - SCRAP May’23
Being sold on “AS IS WHERE IS BASIS”

Mandate Number: (OFA- 01)

Seller: DANBLOCK BRAKES INDIA PRIVATE LIMITED - CHENNAI
Auction website: www.metaljunction.com
E-Auction Date & Time: 16th May’23 at 3:00PM
EMD Deposit Date 15th May’23 Till EOD
Inspection Date & Time: Any working day before auction with prior appointment.
Contact Details:
DANBLOCK BRAKES INDIA PRIVATE LIMITED - CHENNAI
Contact person :-
Escalation Matrix:
Contact Person Contact No. Email ID
Mr. Vivek Saini 08950292755 Vivek.Saini@matholdingsinc.com
Mr. Sandeep Khatri 08053247004 Sandeep.Khatri@ matholdingsinc.com
Mr Lokesh Upadhyay 09099031129 lokesh.upadhyay@matholdingsinc.com
Mr Ravichandran 09566093688 Ravichandran.GC@matholdingsinc.com

Customer Help-desk Number: Suman Sharma (CRM) 09560152229/Email –sharma.suman@mjunction.in

(Please contact this number / email 0or ALL COMPLAINTS / issues related to Confirmation,
Payments, Delivery Orders, Lifting, Material availability issues & refunds. etc)

Auction Room No’s: 033 - 66031760-61, 033 - 66031763-72, 033 - 44091760-61, 033 - 44091763-72
 CUSTOMER CONTACT OFFICERS MJUNCTION PAN INDIA

Region CCO City State Phone no. Email ID

Praveen Kumar Ghaziabad UTTAR PRADESH 9717010458 praveen.kumar@mjunction.in
Virender Dhaniya Faridabad HARYANA 9958001157 virender.dhaniya@mjunction.in
Harjinder Singh Ludhiana PUNJAB 9216960169 harjinder.singh@mjunction.in
North
Vikalp Shrivastava Jaipur RAJASTHAN 8058658999 shrivastava.vikalp@mjunction.in
Vikas Sonkar Kanpur UTTAR PRADESH 9794002333 Vikas.Sonkar1@mjunction.in
Bhanu Prakash Haridwar UTTARAKHAND 9359405516 Prakash.Bhanu@mjunction.in
Parsi Sainaresh Kalinganagar Orissa 7596007796 Parsi.Sainaresh@mjunction.in
Shyam Sunder Mishra Jamshedpur JHARKHAND 7595075307 shyam.mishra@mjunction.in
Kamlesh Ghode Raipur CHHATTISGARH 9009777860 kamlesh.ghode@mjunction.in
Pushpendra Kumar Bokaro JHARKHAND 8873036025 kumar.pushpendra@mjunction.in
East
Anup Sarkar Durgapur West Bengal 8336930106 anup.sarkar@mjunction.in
Sanjay Gopal Singha Howrah West Bengal 9163348269 sanjoy.singha@mjunction.in
Susant Kumar Das Rourkela Orissa 7328820747 susant.das1@mjunction.in
Soumen Ghosh Kolkata West Bengal 9163348229 soumen.ghosh@mjunction.in
Santosh Baghel Indore MADHYA PRADESH 9713071339 Santosh.Baghel1@mjunction.in
Pankaj Nagpure Nagpur MAHARASHTRA 7030914855 Pankaj.nagpure@mjunction.in
WEST Hemant Srivastava Pune MAHARASHTRA 7030231311 Hemant.Srivastava@mjunction.in
Tejas Somani Rajkot GUJARAT 7003157967 Tejas.Somani@mjunction.in
Vishwanath Pandey Mumbai MAHARASHTRA 7738021128 vishwanath.pandey@mjunction.in
Raghavendra Madduri Hyderabad TELANGANA 8008666855 madduri.raghavendra@mjunction.in
SOUTH Kalai Selvan K Chennai TAMIL NADU 8939856256 Kalai.k@mjunction.in
Sathesh Hayen Bangalore Karnataka 9147123683 Sathesh.Hayan@mjunction.in
Type of Auction: Online Forward E-auction

For All Lots: For participating in this Tender cum E-auction, the intending bidders shall deposit Ernest Money
(EMD) as below via NEFT payment may be made in following bank A/c in favor of ‘Mjunction Services
Rs. 3 Lacs All Lots
Rs. 3 Lacs Shredded Scrap

Beneficiary Name MJUNCTION SERVICES LIMITED

Bank Name HDFC BANK LTD.
Branch Name Sandoz Branch, Mumbai
Ernest Money Deposit (EMD)
Account No Explained below *
IFSC Code HDFC0000240
*All the customers will have a unique account number. The unique account number is an alpha numeric code
consisting of 13 characters. The Customer’s unique “account number” is a combination of the MJ’ SAP code along
with the 7 digit bidder SAP ID and can be used as reference for all subsequent transactions. The Customer’s
Account Number detail is available in “Profile” after the customer logs into our website using the user id and
password.

Location & Contact person for Inspection/Lifting:

DANBLOCK BRAKES INDIA PRIVATE LIMITED

Address Contact Person Name & No.

DANBLOCK BRAKES INDIA PRIVATE LIMITED Mr. Vivek Saini
K4, Phase 2, SIPCOT industrial complex,, Gummidipoondi, Tiruvallur, Tamil
Nadu, 601201 8950292755
vivek.saini@matholdingsinc.com
 Material list Shredded Scrap
B: Material List for the month of May’23 (This quantity is valid for one month after receiving Sales letter)

Approx. Bid
Lot GST TCS EMD PCB Type of
Particulars Location Qty.(+/- UOM Custom CMD (INR)
No. % % (INR) Required Auction
10%) (per) Duty %
Shredded Scrap 3,00,000 5% of Sales ENGLISH NO
1 Chennai 370 MT NA 18% 1% NO TIE AUCTION.
Value

Note – All Quantity are tentative and subject to availability of stock based on production. There exist no legal binding & Danblock India
will not be responsible for any deficiency in Quantity at both plant.

Lifting Schedule Lifting will be done within one month after receiving Sales
letter, as & when required by the Danblock on AS IS WHERE
IS BASIS/Generation Basis of Material.Lifting of all quantity
within 1 month from date of lot confirmation.
PAYMENT SCHEDULE Payment to be made as per lifting schedule on working
days from date of Lot Confirmation and buyers must ensure
that the payment of 100 MT material within 4 working
days of issuance of sales order and balance payment as
per the lifting.

 DANBLOCK BRAKES INDIA PRIVATE LIMITED has discretion and reserve the right to sell scrap material equally and parallels to two vendors in case
lifting of scrap is slow and not upto mark.

Note: - Material has to pick form next day after contract confirmation

Security / Special Condition:-

1. EMD will not be accepted on Auction time.

2. LOI form duly filled is must.
3. Incase party fails to deposit balance CMD amount EMD amount will be forfeited.
4. Highest bidder EMD amount will be refunded after submitting of CMD amount/ Advance amount (as the case may be) for approved lots.
 5. If highest bidder does not pick full alloted material, in that case Danblock has right to recover the loss amount at the rate of Rs 1/Kg on shortfall qty. (excluding qty
under
Tolerance clause) from the security buyer H1 buyer lying with Danblock.
6.CMD of unsuccessful participants will be sent back within reasonable working days after completion of auction through net banking direct/ online
transfer to their bank account at bidder’s risk to the address/details given by them on registration form. Also CMD/EMD of such participants can be
kept with seller with consent of buyer for futuree-auctions.
7.CMD/ EMD shall not bear any interest.

Requirements of participation:

1.1 Registration: Before participation in the e-Auction, a prospective bidder shall be required to get registered with mjunction services limited.
For details visit auction.metaljunction.com
1.2 Documentation: The following documents need to be submitted by the bidder interested in participating in the e-Auction to mjunction services
limited prior to the date of the e-auction.
1.2.1 Letter of Interest duly signed and stamped by bidder.
1.2.2 Provide UTR No of RTGS/NEFT.
1.2.3 Each page of the Terms & Conditions to be signed and stamped by the buyer and to be submitted to Mjunction Services Limited.
1.2.4 Bidders are requested to submit copies of their SOI's before participating in the e Auction.
1.3 Caution Money Deposit (CMD): Non-Interest bearing security deposit of for Shredded Scrap Rs.5 % of Sales Value In the form of DD / PO in favor of “DANBLOCK
BRAKES INDIA PRIVATE LIMITED Within 2 working days from date of Sales Confirmation.
Through RTGS/NEFT.

RTGS details as mentioned below.

Bank Details:

Beneficiary Name DANBLOCK BRAKES INDIA PRIVATE LIMITED

Name & Address of Bank of America & Ist Floor, DLF Centre, Sansad Marg, New Delhi –
Bank 110001, India.
Account No 24618019
IFSC Code BOFA0ND6216
 1. Bidding modalities:
1.1 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, Sales tax and any other statutory levies. Bid Increment: Will vary action to auction, please check the same before bidding.
2. Bid Validity: Bid shall be valid for six working days from the date of auction.
3. Taxes & duties:
3.1 TCS : To be charged Extra As applicable
3.2 GST : To be charged Extra As applicable
3.3 Any change in GST, Taxes and levies applicable at the time of lifting shall be applicable.
3.4 Taxes will be applicable as per the prevailing rates of govt. however approx. rate of GST has been mentioned in the table above.

3. Payment terms & conditions :

3.1 Payments: All payments in form of demand draft/ RTGS ONLY, payable in favour of “DANBLOCK BRAKES INDIA PRIVATE LIMITED..” payable at Chennai,

4. Lifting terms & conditions:

4.1 DO’s 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. Note: Sundays are excluded for the purpose of arriving at the lifting schedule.
4.2 Loading Charges: Included in lifter’s scope.
4.3 Loading Time: 9:30 AM to 5:00 PM
If any vehicle have no document related to safety purpose or government norms, then vehicle will not enter in Danblock premises.
Loading shall be given strictly as per the statutory norms & safety norms of Danblock Brakes. (Back Horn is compulsory in all trucks Customer to place
the truck according Danblock requirement.
7. Lot closure norms :
Lot Closure will be provided by respective Danblock Brakes.

8. Complaints :
Complaints, if any with respect 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.

9. Jurisdiction :
9.1 In authorized official or any other person appointed by the seller shall decide any dispute arising between the successful bidder and seller. The
decision of the Arbitrator shall be final and binding on both the parties.
9.2 Disputes between seller & bidder if any shall be within the jurisdiction of “Chennai”courts only.

10. Compliance to safety norms

10.1 Authorized persons (of the customer) involved in lifting of the materials will be allowed only with Personal Protective Equipment’s (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” Seller will not be responsible for any delays arising out of Non- Compliance to the Safety Norms.

7.1 GENERAL TERMS & CONDITIONS

1. Subject to the reserve price, if any, fixed by the SELLER and subject to the terms and conditions set out herein, sale shall be made to the HIGHEST BIDDER on
“AS IS WHERE IS BASIS” and “NO COMPLAINT BASIS.” The Seller does not undertake any responsibility to procure any permission/license etc. in respect of the
auction property offered for sale.
2. SELLER reserves the right to modify and amend the terms & conditions and announce the same at any time before the entire auction concludes.
Announcements during the auction in the auction room on the website and changes made in the catalog including start price, bid increment/decrement,
extension of time for lots where received bids / no bids are received, and any other 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 seller, and it is binding on the bidder. Bidders are advised in
their own interest not to leave the auction room till the entire auction is closed.
3. Participation and bidding in this Auction shall be treated as conclusive evidence of the fact that the bidder has inspected the Auction Property and the
documents pertaining to it and is satisfied in all respects regarding quantity, quality, condition of the Auction property, taxes and
duties, and other extraneous factors and the Principle of Caveat Emptor (let the buyer beware) will apply. It shall also imply that the bidder has carefully gone
through and understood the terms and conditions of Auction including the amendments if any, prevailing at the time of Auction.
Seller/MJunctiojn will not entertain any complaints or objections once Bid is placed.
4. Seller./ MJunctiojn does not give warranty or guarantee of the quality, quantity, measurement, condition Chemical composition of each individual
item/s or lot/s that form the auction property and about its “End Use” or fitness for a particular purpose.
5. The highest bidder does not get any right to demand acceptance of his offer. SELLER reserves the right to accept/ reject/ cancel any bid,
withdraw any portion of the Auction Property at any stage from Auction even after acceptance of bid/ issue of delivery order or release order/ deposit of full
value by successful bidder without assigning any reason thereof. In the event of such rejection/ cancellation/ withdrawal, SELLER, shall refund the value of
Auction Property, if paid for, to the successful bidder. SELLER shall not be responsible for any damages/loss whatsoever to the successful bidder on account of
such withdrawal.
6. In the event of failure on the part of the successful bidder to fulfill his contractual obligations, seller / MJunctiojn reserves the right to debar such
bidder from participating in any future auction conducted by MJunctiojn on behalf of seller.
 Delivery
1. On receipt of full Sale Value along with applicable ED/VAT/ Sales Tax/TCS & other Charges by the Seller, the Seller will issue final Sale/ Delivery / Release Order
to the Buyer thereby enabling him to lift the materials on immediate basis.
2. Lifting of materials will be allowed only as per schedule to be confirmed by Seller on finalization of bid.on all working days. Successful bidders should ensure
that the material clearance is as per the seller’s instructions. Neat and clean maintenance of the stockyard from where the material is lifted is the
responsibility of the successful bidder. In the event of non-adherence to the above by the successful bidder, seller will reserve its rights to impose
penalties/forfeiture of EMD and other payments collected.
3. If the goods sold or portion thereof remain un-cleared in the premises of the seller beyond the stipulated period, the sales proceeds of the un- lifted assets
shall be forfeited and the un-lifted portion of the assets may be removed at the risk and cost of the buyer.
4. While taking delivery of the material, it will be at the discretion of the seller or its authorized representative to direct the manner / order in which
the materials or lots shall be removed. No segregation of the items of any lot is allowed inside the seller’s premises.
5. Breaking/ cutting may be allowed to the extent necessary for facilitating loading into vehicles as per the discretion of the seller. No gas cutting equipments or any
equipment, which are likely to cause damage, will be allowed in the premises. Only safe oxy-acetylene gas cutting equipment will be allowed with permission of
seller. The decision of the seller or his authorized representative shall be final in this regard.
6. The buyer shall arrange for all tools and tackles, forklifts and hoists or cranes or labour at their own expenses and Seller will not provide any equipment’s
for lifting purpose.
7. It will be successful purchaser’s responsibility to weight the empty Truck at the weighbridge and produce the weight certificate so that the weight of the empty
truck will be deducted from the weight of the fully loaded truck.
8. Should the original purchaser wish to take delivery of the surplus material through a representative, he must authorize the later by a letter of
authority or continuing authority, which shall be presented to the seller. The seller may in his entire discretion decline to act on any such authority and it
shall be for the purchaser to satisfy the seller that the authority is genuine. Delivery to such authorized person will constitute valid delivery and no claim shall
lie against the seller on any account thereafter.
9. Once the goods / materials are taken out of the factory gate, purchaser will be solely responsible for all sorts of claims like shortage, missing parts, damage,
incident, accident, loss of material etc.
10. Resale will not be recognized. The purchaser shall not be entitled to resell any lot or part of a lot while goods are still lying within the premises of the seller and
no delivery would be effected by the seller to any person other than the Purchaser whose names are mentioned in the sale
order/Delivery order.
11. Purchaser and his men are subject to the security rule of seller in force while in the seller’s premises. The purchaser/s, their workmen agents or
representatives shall not commit any nuisance, theft or indulge in any antisocial activities in the seller’s premises and the purchaser shall be liable for the
good conduct, safety & discipline of his workmen. In case of any such activity, delivery will be suspended and strict action as per law will be taken including
forfeiture of EMD.
12. While taking delivery of the material, the Purchasers shall be responsible for any damage that may be done to premises / fittings of the SELLER in the
course of removing the lot or lots purchased by them. The SELLER may at its option arrange to make good such damages and the purchaser shall pay for the same
 on demand. If such payment is not made on demand, the SELLER may forfeit the EMD/Security Deposit or May stop delivery of the material till payment is made.
13. SELLERS will not at any time be responsible for any injuries caused due to accident within its premises either to the buyer or his representative /
labour etc., and the buyer will make proper arrangements for any claim arising out of the employment under any status. It is the responsibility of the buyer to
provide necessary safety appliances (like hand gloves / safety shoes etc.,) to the labour, who are engaged for loading the materials or any other activity relating
to this contract.
14. If any accident or damage to the property / life etc. arises by reason of any act of negligence / omission / default or non-compliance with any of the Terms &
Conditions or statutory regulations, rules or ESI as may applicable and regulations applicable within the Seller’s premises, on the part of the Buyer / his
representative or employees, resulting in death or injury to any persons or damages to the property of the SELLER or any third party, then in such an event the
Buyer will have to pay compensation to such person including the employees of the SELLER for such accident or injury / death or damage caused to their
employees or to any of the Seller’s employees or to others or to the Seller’s property. The Buyer shall in such event, keep the SELLER fully indemnified from any
demand, claims or proceedings thereof.
15. It is Buyer responsibility to lift the material till validity of contract as per schedule provided by Seller. Also buyer shall be responsible for all
material (for which it would be finalized for lifting material) to lift as is where is basis and buyer shall take care that such material should be prevent from
water/rain etc., in the absence of that buyer shall lift material as routine material without any fail at finalized rate of bid. Any remaining material, left at the
end of contract period, shall be lifted by buyer (successful bidder) as per instruction of Seller.

Please note that all the photographs used in the catalogue are for reference only. The actual condition of the material may differ from the photographs. All
the interested customers are strictly advised to inspect the physical condition of the material on site and then participate in the auction and place bids
according to their inspection. Please do not place bid only viewing the photographs of the material. No complaints regarding the quality or quantity will be
entertained once the auction is started."

Shredded Scrap:-