The tender is for the disposal of condemned scrap items, including vehicles, parts, and materials. The auction will be held on 23rd August 2025, and bidders must meet specific EMD requirements and submit necessary documents (GST certificate, PAN card, pollution control board certificate) for each lot. The sale is on an as is, where is basis. Successful bidders must remit the balance amount within 10 working days of the sale confirmation order, along with applicable taxes. Failure to clear the lots within the specified time will result in a ground rent charge and potential cancellation of the sale. The Tamil Nadu State Transport Corporation Villupuram Ltd. reserves the right to withdraw any lots or reject any bid without assigning reasons.
The successful bidder must remit the balance bid amount, along with applicable taxes, by way of demand draft within 10 working days from the date of the sale confirmation order mentioned in the sale order, before 4:00 pm, at the auction center of Tamil Nadu State Transport Corporation Villupuram Ltd. , Villupuram Vellore Kanchipuram Region. If the payment is not made within 10 working days, an additional 5 working days will be provided to remit the balance amount with 24 interest.
The successful bidder must remit the balance bid amount, along with applicable taxes, by way of demand draft within 10 working days from the date of the sale confirmation order mentioned in the sale order, before 4:00 pm, at the auction center of Tamil Nadu State Transport Corporation Villupuram Ltd. , Villupuram Vellore Kanchipuram Region.
Bidders with required identity cards can inspect the lots specified for sale in the office hours within the tender period days of Tamil Nadu State Transport Corporation Villupuram Ltd. , Villupuram Vellore Kanchipuram Region at the location mentioned in the catalogue on the basis of as is where is condition. For certain lots, bidders must have authorization from the Tamil Nadu Pollution Control Board.
If the lots are not cleared within the specified time, a ground rent of 1% of the sale value per day will be charged for the next 10 days. If the lots are not cleared within this extended period, the sale will be cancelled, and the entire EMD will be forfeited. Additionally, the defaulted bidder will be blacklisted.
Bidders with required identity cards can inspect the lots specified for sale in the office hours within the tender period days of Tamil Nadu State Transport Corporation Villupuram Ltd. , Villupuram Vellore Kanchipuram Region at the location mentioned in the catalogue.
The total estimated monetary value is Rs ****.