| S.No |
Activity belongs to |
RESPONSIBILITY Seller & E-auction Service provider Leaflix e Business Private Limited |
| 1 |
To provide "sale mandate" Agree on auction date & timings Agree on terms & conditions of sale |
Seller & E-Auction Service provider Leaflix e Business Private Limited. |
| 2 |
Provide list of materials to be auctioned to E-auction service provider
- Materials covered in the "sales mandate" would be available in stock and/or
on arising basis and would be offered for sale on “as is where is and no complaint basis”.
- With applicable GST, other taxes and duties.
- These details shall be provided in advance before the auction date.
|
Seller |
| 3 |
Communication of reserve price / start bid price against items as per "sales mandate". |
Seller |
| 4 |
a. Preparation of auction Catalogue
b. Approval of auction catalogue
|
E-auction service provider
Seller
|
| 5 |
Conduct Market – Making activities among the potential buyers
-Identify potential buyers
- Inform the potential buyers about the material.
- Inform the potential buyers regarding date, time and terms, conditions of auction sale/delivery
- Train potential buyers for on-line auction, on request
|
Seller & E-auction Service provider Leaflix e Business Private Limited |
| 6 |
News Paper Advertisement (if desired by Client / Seller ) ; Cost to be borne by Client) |
Seller |
| 7 |
Facilitate pre-tender inspection of materials Necessary coordination shall be done by the Client at the plant site. |
Seller & Eauction Service provider Leaflix e Business Private Limited |
| 8 |
Collection of pre-auctions EMD from intending participants as specified in the auction catalogue |
Seller & Eauction Service provider Leaflix e Business Private Limited |
| 9 |
Facilitate registration of bidders, activate user-id & passwords of eligible bidders to place bid in the Internet auction |
Seller & Eauction Service provider Leaflix e Business Private Limited |
| 10 |
Conduct e-auction between the buyers and sellers. |
Seller & Eauction Service provider Leaflix e Business Private Limited |
| 11 |
Submission of E-Auction report / Market Report & Audit Report with details of all participants. |
Seller & Eauction Service provider Leaflix e Business Private Limited |
| 12 |
Client within its rights to accept / reject the bids received in Internet auction. Clients’ decision in this regard to be
communicated to E-auction service provider in writing within 15 Working days |
Seller |
| 13 |
Remitting successful bidder's EMD to client's account & return of EMD to unsuccessful bidders within 15 days from date of completion of auction |
Seller & Eauction Service provider Leaflix e Business Private Limited |
| 14 |
To issue a sale intimation letter to successful bidders. |
Seller & Eauction Service provider Leaflix e Business Private Limited |
| 15 |
Receive sale consideration & deliver material to successful bidders |
Seller |
| 16 |
For Generating of Leaflix e Business Private Limited invoice towards Service Charges / Brokerage / Commissions charges shall be
Fixed by both the parties is applicable FOR REGULAR / CONTRACT DISPOSALS in favour of Seller on the net sale
value (excluding statutory levies). The above service charges shall be subject to GST as per prevailing rates.
|
Seller |