Scooters India Ltd. Lucknow AUCTION DETAILS: AUCTION NOTICE (OPEN) : AUCTION SALE FOR DISPOSAL OF 154 NOS DIESEL ENGINES, MODEL 435 G , GREAVES COTTON LTD. MAKE. , 4 STROKE, 395 CC. It is hereby notified for public information that the open auction for sale / disposal of engines will be held on at 21.03.2015 from 12.00 p.m. to 13.00 p.m. at Scooters India Ltd. , administrative building. II. DETAILS OF MATERIAL SI. Details of Material to be auctioned Quantity Place, Date & Time No. 1 Diesel Engines of Greaves Cotton Ltd. 154 Nos. Scooters India Ltd. On Make, Model 435G , 4 Stroke, 395 CC, 21.03.2015 From 12.00 p.m. Single Cylinder to 13.00 pm. III. Special Conditions For Open Auction: A. The Open Auction will be on "As Is Where Is Basis". _ B. Scooters India Ltd. (SIL) will not stand any guarantee for the equipment engine sold through Open Auction. C. The removal of engines from Scooters India Ltd. premises will have to be arranged by the successful bidder at his cost. IV. General Conditions For Open Auction 1. All interested parties are requested to attend the open auction on the specified place and time and enroll their names with Earnest Money Deposit of Rs.1 000/- (Rs. One thousand only) in form of a Demand Draft of any Nationalized Bank . The DO shall be drawn in favour of "Scooters India Ltd.", payable at Lucknow . The DO will be returned on the spot to the unsuccessful bidder after open auction is over except for the 1st and 2 nd Highest bidders . No bidder will be allowed to attend the Open Auction without the Earnest Money Deposit of Rs.1 000/-. 2. Acceptance of the auction amount will be provisional subject to the approval of the competent authority of SIL . 3. Successful bidder should remove all the engines from the site within 07 (Seven) days from the date of acceptance of letter. 4. The intending bidder must see and satisfy themselves regarding type and condition of engines before participating in the auction. 5. The details of engines are available in the office of Manager (Stores), SIL, Lucknow Interested bidders may inspect the Engines on any working day anytime between 11.30 hrs. to 15.00 hrs. before 01 day of auction.