RELIANCE INDUSTRIES LIMITED RELIANCE INDUSTRIES LIMITED SILVASSA MANUFACTURING DIVISION, 342, KHARADPADA, NAROLI, SILVASSA

E-Business Dot Com Pvt. Ltd. is an authorized e- commerce service provider for “(RELIANCE INDUSTRIES LIMITED) to

obtain rates online through www.steelez.com

COMPANY NAME RELIANCE INDUSTRIES LIMITED

AUCTION TO BE CONDUCTED BY

E-BUSINESS DOT COM PVT LTD

201 ROYAL ESATE,9/2 SOUTH TUKOGANJ, INDORE(MP) PIN CODE 452001

MADHYA PRADESH.

PH:-0731-4715408/9109970952

MOB-9752492131/9752492140

PORTAL :WWW.STEELEZ.COM

DATE & TIME OF AUCTION

19TH

MAR 2021

OPENING TIME 11:00 AM & CLOSING TIME 12:00 PM (WITH THE GAP OF 2 MINUTES BETWEEN EVERY LOT, FOR DETAILS PLS CHECK WEBSITE)

(AUTO EXTENSION AS APPLICABLE)

AUCTION WEBSITE : WWW.STEELEZ.COM

SPECIAL INSTRUCTIONS BIDDING IN THE LAST MINUTES AND SECONDS SHOULD BE AVOIDED IN THE BIDDERS OWN INTEREST NEITHER THE SERVICE PROVIDER NOR RELIANCE INDUSTRIES LIMITED WILL BE RESPONSIBLE FOR ANY LAPSES /FAILURE ON THE PART OF THE VENDOR, IN SUCH CASES.

SCHEDULE OF PROGRAM DATE OF INSPECTION OF MATERIAL

TILL 18TH

MAR 2021

VENUE OF INSPECTION

RELIANCE INDUSTRIES LIMITED

MATERIAL LOCATION

RELIANCE INDUSTRIES LIMITED SILVASSA MANUFACTURING DIVISION, 342, KHARADPADA, NAROLI, SILVASSA.

EMD DETAIL (EARNEST MONEY DEPOSIT (BEFORE AUCTION REFUNDABLE FEE)

BY NEFT TRANSFER TO EBUSINESS DOT COM PVT LTD. HDFC BANK A/C NO.- 00362560011912/ IFSC CODE- HDFC0000036/ BRANCH CODE-000036

OR PAYABLE BY RTGS/NEFT TO RELIANCE INDUSTRIES LIMITED

PAYMENT TERMS FOR H1 BIDDER

10% SECURITY DEPOSIT ON THE TOTAL VALUE

PARTICIPATION FEE (NOT APPLICABLE FOR EXISTING MEMBERS REGISTERED WITH E-BUSINESS DOT COM PVT LTD.)

14750 RS - FOR ONE YEAR

59000 RS – FOR LIFE TIME

A/C DETAIL- IFSC CODE- HDFC0000036

BRANCH CODE-000036

A/C NO. -00362320007166

CONTACT DETAILS

CONTACT DETAILS (STEELEZ)

MR. AMIT CHOUHAN MR. ARUN PATEL

9752492140 07314715408

amit@steelez.com arun@steelez.com

NOTE: IF THE SESSION GETS EXPIRED AT ANY POINT OF TIME AND ACCOUNT GETS LOGGED OUT, BIDDER NEEDS TO RE-LOGIN

HIS/HER ACCOUNT

DESCRIPTION

Auction Id

Lot Name Quantity Unit of Meas-

urement (UOM)

EMD Contract Valid-

ity Is CPCB/PCB Certification

Required? (YES/NO)

62095 EMPTY WASTE PAPER

TUBES(POY) 1060 MT 150000

1.04.2021 to 30.09.2021

No

62096 EMPTY WASTE PAPER TUBES

(FDY) 190 MT 75000

01.04.2021 to 30.09.2021

No

62097 EMPTY WASTE PAPER

TUBES(PTY) 120 MT 50000

01.04.2021 to 30.09.2021

No

62098 Lycra Empty waste corrugated

boxes 80 MT 25000

01.04.2021 to 30.09.2021

No

62099 MISCELLANEOUS SCRAP(MIX

SCRAP) 220 MT 15000

01.04.2021 to 30.09.2021

No

62100 SCRAP,WOODEN 500 MT 75000 01.04.2021 to

30.09.2021 No

62101 EMPTY WASTE CENTRE PLATE-

JUMBO BOX 30 MT 15000

01.04.2021 to 30.09.2021

No

62102 EMPTY WASTE COR.BOX (POY) 65 MT 25000 01.04.2021 to

30.09.2021 No

62103 EMPTY WASTE COR.BOX(PTY) 360 MT 100000 01.04.2021 to

30.09.2021 No

62104 EMPTY CORRUGATED PAPER

CORES WASTE (INPUT PACKING MATERIALS)

50 MT 15000 01.04.2021 to

30.09.2021 No

62105 Waste & Scrap of MS/CS/GI 35 MT 35000 01.04.2021 to

30.09.2021 No

62106 Waste & Scrap of Rubber 20 MT 2000 01.04.2021 to

30.09.2021 No

62107 USED EMPTY SILICON SPRAY

CANS MS - CAP-5 10 MT 2000

01.04.2021 to 30.09.2021

No

62108 WASTE AND SCRAP OF THERMOCOL (UIPM)

5 MT 1150 01.04.2021 to

30.09.2021 No

62109 WASTE OF THERMOCOL WITH

POLYTHENE COVER 15 MT 2000

01.04.2021 to 30.09.2021

No

62110 SCRAP WOODEN PALLETS

(UIPM) 20 MT 10000

01.04.2021 to 30.09.2021

No

62111 WOODEN SCRAP (TYPE-C) 20 MT 2000 01.04.2021 to

30.09.2021 No

62112 LYCRA CENTRE PLATE PLASTIC 20 MT 15000 01.04.2021 to

30.09.2021

Buyers who are authorized plastic Waste Recyclers

under Plastic wastes Man-agement rules 2016

(CPCB/ GPCB/ MPCB)

62113 WASTE & SCRAP OF PLASTIC

HDPE / PP 100 MT 75000

01.04.2021 to 30.09.2021

Buyers who are authorized plastic Waste Recyclers

under Plastic wastes Man-agement rules 2016

(CPCB/ GPCB/ MPCB)

62114 Empty Jumbo Bag of PTA with

Liner 2000 EA 10000

01.04.2021 to 30.09.2021

Buyers who are authorized plastic Waste Recyclers

under Plastic wastes Man-agement rules 2016

(CPCB/ GPCB/ MPCB)

62115 OLD, USED AND DISCARDED

PLASTIC SCRAP 6 MT 5000

01.04.2021 to 30.09.2021

Buyers who are authorized plastic Waste Recyclers

under Plastic wastes Man-agement rules 2016

(CPCB/ GPCB/ MPCB)

62116 PLASTIC ADOPTER (POY) 10 MT 7000 01.04.2021 to

30.09.2021

Buyers who are authorized plastic Waste Recyclers

under Plastic wastes Man-agement rules 2016

(CPCB/ GPCB/ MPCB)

62117 SCRAP PLASTIC H.M (POY) 50 MT 35000 01.04.2021 to

30.09.2021

Buyers who are authorized plastic Waste Recyclers

under Plastic wastes Man-agement rules 2016

(CPCB/ GPCB/ MPCB)

62118 EMPTY PLASTIC CARBOUYS ; 20

TO 30 KGS CAP 600 EA 2000

01.04.2021 to 30.09.2021

YES PCB # 45 EMPTY BARRELS CPCB/ GPCB/ MPCB Au-thorization for Handling/

Refurbishing Drums & Carboys

62119 EMPTY PLASTIC CARBOUYS ; 35

TO 50 KGS CAP 600 EA 5000

01.04.2021 to 30.09.2021

YES PCB # 45 EMPTY BARRELS CPCB/ GPCB/ MPCB Au-thorization for Handling/

Refurbishing Drums & Carboys

62120 Scrap of Empty PVC/HDPE

Drums-200 L(UIPM) 8400 EA 100000

01.04.2021 to 30.09.2021

YES PCB # 45 EMPTY BARRELS CPCB/ GPCB/ MPCB Au-thorization for Handling/

Refurbishing Drums & Carboys

62121 Empty MS Drums-cap.210 Ltr

(without liner - ) 150 EA 5000

01.04.2021 to 30.09.2021

YES PCB # 45 EMPTY BARRELS CPCB/ GPCB/ MPCB Au-thorization for Handling/

Refurbishing Drums & Carboys

TAX CONDITION- RATES ARE BASIC, ALL APPLICABLE TAXES ARE EXTRA. RATES QUOTED ARE PER UOM **SCRAP SALE AS IS WHERE IS BASIS & NO COMPLAINT BASIS” NOTE:- PLEASE CHECK ENCLOSED PACKING LIST. PLEASE FOLLOW RIL INSPECTION GUIDELINES FOR MATERIAL INSPECTION. Points of Penalty Clause :- 1. In case if the buyer fails to place the vehicle for dispatch as per the site instructions, OWNER may impose penalty of 1% of the total contract value per week of delay in placement of vehicle. Penalty of maximum 1% or INR 500/- which-ever is higher will be recovered from security deposit. 2. In case Customer fails to remove the quantity offered for removal within period of Fifteen days from the date of in-timation, the security deposit will be forfeited by OWNER at their own discretion.

3. If Customer fails to lift the material within maximum Twenty-one days of intimation then owner reserves the right to deploy other agency and sell the material at their own discretion at the risk and cost of customer. The security de-posit in such a case will be forfeited. 4. In case, Customer, his Supervisor, Loading crew, Driver, cleaner or any other person brought inside for purpose of lifting of Scrap material are found indulged in any malpractices by our Security / Authorities or found not following the rules / procedures of Complex including but not limited to Security, Traffic Control, HSE & F, an appropriate penalty as advised by concerned authority will be imposed

PROCEDURE OF FORWARD AUCTIONING:- RELIANCE INDUSTRIES LIMITED will declare its Starting Price (SP), which shall be visible to the all vendors during the

start of the forward Auction.

The start price of an item in online forward auction is open to all the participating bidders. Any bidder can start bidding,

in the online forward auction, from the start price itself. The second online bid and onwards will have to be higher than

the H1 rate by minimum one increment value, or higher.

The minimum bid increment amount shall be display at the time of auction. The Bidding Rates will be on Per

MT /Per Number etc.

Neither the Service Provider nor RELIANCE INDUSTRIES LIMITED will be responsible for any lapses /failure on

the part of the vendor, in such cases.

The Auto Bid feature allows Bidders to place an automated bid against other Bidders in an auction and bid without having to enter a new amount each time a competing Bidder submits a new offer.

Auto bid is not a confirmed bid. It is only the maximum ceiling amount set by the bidder to enable the auction engine to place bids on his behalf, whenever he is out bidded, upto the ceiling set by him.

You will be able to view the following on your screen along with the necessary fields in the Forward Auction:-

(a) Highest Bid in the Auction. (b) Bid Placed by you. (c) Opening Price & Increment Value. (d) Final Closing Price. Training: Steelez.com will provide training (online) if required by the bidders at a mutually Convenient date and time before the Auction.

This Auction is open for selected members approved by Steelez.com; bidders are invited to participate in this auction.

The following documents are for their reference.

DECLARATION

DATE: To Reliance Industries Limited. Dear Sir, 1. I/We, the bidder/s do hereby state that, I/We have read the entire terms and conditions of the on-line auction catalog for Sale including the disclaimer clauses and understood them fully. I/We, hereby unconditionally agree to conform with and to be bound by the said terms and conditions and agree to take part in the on-line Auction for sale of items men-tioned in Annexure-I, available at Reliance Industries Limited. 2. I/We further declare that I/We intend to purchase the above-referred material from Reliance Industries Limited. For our own use/business and that the information revealed by me/us in this acceptance form is true and correct to the best

of my/our belief. I/We understand and agree that if any of the statement/information revealed by me/us is found to be incorrect and/or untrue, the bid/s submitted by me/us is liable to be cancelled and in such case the Caution/ Earnest Money Deposit paid by me/us is liable to be forfeited by the seller and the seller will be at liberty to annul the offer made to me/us at any point of time. 3. I/We also agree that after my/our offer/bid placed by me/us for purchase of the material is accepted by the seller and I/we fail to accept or act upon the terms & conditions of the offer letter or am /are not able to complete the transaction within the time limit specified in the offer letter for any reason whatsoever and/or fail to fulfill any/all the terms & condi-tions of the auction catalog and offer letter, the Earnest Money Deposit and any other monies paid by me/us along with the tender and thereafter, are liable to be forfeited by the seller and that the seller has also a right to proceed against me/us for specific performance of the contract, if so desired by the seller. 4. The decisions taken by representatives of seller shall be binding on me. 5. I also undertake to abide by the additional conditions if announced during the auction including the announcement of correction in catalogue and/or additions or deletions of items being offered for sale. USER ID (if exists) ______________ Person / concern / firm / company in whose name the material is/are to be purchased ………………………………………………………………………………………………. Contact Person(s) _____________________________________________ Designation _____________________________________ (In case of company/firm, give, in addition, names of key Directors/ Partners) Address (with Stamp) ______________________________________________________ GST Registration No. / TIN No. __________________Bankers________ PAN No._________________________ Phone No.__________Mobile No.____________Fax No. - ___ Email ________________ Are you familiar with e- Auction/on-line bidding? YES/NO If NO, attending a Mock e-Auction with prior appointment is mandatory. And in an event the Mock e-Auction is not attended, NO COMPLAINTS will be entertained. LOT No. DD/PO No. Bank Name Branch Dated CMD Amount A B C Signature of Authorized Signatory with Name and Seal.

PARTICIPATION

CONDITIONS APPLICABLE TO “ONLINE” AUCTION

Validity: The On-line auction bidders must keep their bids valid for a period of 30 calendar days from the date of closing of e-auction excluding the date of closing. In case the 30th day falls on a holiday or remains closed for the RELIANCE INDUSTRIES LIMITED, such Bids will be deemed to be automatically extended to be valid up to the next working day of the RELIANCE INDUSTRIES LIMITED.

Time Extension: If any market-leading bid (bid higher than the highest at the point in time) is received within the last 2 minutes (“Time Extension” as mentioned in the Bidding Room will be in force) of closing time, the time will be extended automatically by 2 minutes. Training: STEELEZ will provide training (on-line) if required by the bidders at a mutually convenient date and time before the Auction. Bids: All bids placed are legally valid bids and are to be considered as bids from the bidder himself. Once the bid is placed, the Bidders cannot reduce or withdraw the bid for whatever reason. If done so, the seller will forfeit the CMD. The highest and the latest bid on the Auction shall supersede all the previous bids of the bidder. Bidders may please note that in the event of a manual bid amount matching that of an auto bid, the manual bid will prevail and be considered. The bidder with the highest offer/ bid does not get any right to demand acceptance of his Bid.

Bid Validity –For a period of 15 days from the date of e-Auction.

PAYMENT

EMD/SD PAYMENT: All payments shall be made In the form of NEFT/RTGS only.

Payments should be made one day prior to placing the vehicle in form of NEFT/RTGS only. NO OTHER MODE OF PAYMENT WILL BE ACCEPTED.

SD (For H1 approved parties) shall be 10% of the basic contract value

Bids placed/Rates offered are for the basic price only and are EXCLUSIVE of all applicable taxes and duties like GST, and TCS etc. Taxes and duties will be in addition to the basic price and will be added at rates applicable at the time of delivery.

DELIVERY

On receipt of full Sale Value along with applicable GST & 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 within two days.

The successful bidder shall not be entitled to choose or pick up any particular material from the lot. He has to lift the entire material as available in the lot.

In order to facilitate Reliance Industries Limited to complete the transaction before 4.30 P.M. the goods should be collected before 4 P.M. on any working day with prior appointment of the concerned department during the stipulated delivery days (except Sundays & Holidays) please contact respective person for coordination. 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/SD. Weight recorded at the seller’s weighbridge would be final.

The loading of the material will be in the presence of and after the approval / authorization of Reliance Industries Limited.

The Buyer shall be responsible to ensure that their employees follow safety regulations as per Reliance Industries Lim-ited stipulations and other statutory regulations. Buyer shall ensure that all his workmen on site use safety belts, gloves, helmets, masks etc., as necessary for their safety. The buyer shall be responsible to secure compliance’s with all Central and State laws as well as the rules, regulations, bye-law / notifications and orders of the local authorities and statutory bodies as may be in force from time to time. Buyer has to comply with all statutory obligations like Labor License, Work-man Compensation policy, ESIC, PF etc. whichever is applicable.

The successful bidder will make his own arrangement for lifting, loading and transporting the material from the factory premises and he will not claim any sort of assistance whatsoever or charges from the company.

In case seller is unable to deliver the goods within the specified time due to unforeseen administrative reasons, then the seller shall grant suitable extension of delivery period to the Buyer without any penalties till the expiry of such ex-tended period. In such eventuality, however, the Buyer shall not be entitled to claim any compensation for such delay.

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.

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 in-side the seller’s premises.

Breaking/ cutting may be allowed to the extent necessary for facilitating loading into vehicles as per the discretion of the seller. No gas cutting equipment 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.

It will be successful purchaser’s responsibility to weigh 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.

Should the original purchaser wish to take delivery of the material through a representative, he must authorize the lat-ter by a letter of authority or continuing authority, which shall be presented to the seller. The seller may in his entire dis-cretion 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.

Once the goods / materials are taken out of the factory gate, buyer will be solely responsible for all sorts of claims like shortage, missing parts, damage, incident, accident, loss of material etc.

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 affected by the seller to any person other than the Pur-chaser whose names are mentioned in the sale order/Delivery order.

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/SD.

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 de-mand, the SELLER may forfeit the EMD/SD and/or may stop delivery of the material till payment is made.

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 labourers, who are engaged for loading the materials.

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 or rules 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 per-sons or damages to the property of the SELLER or any third party, then in such an event the Buyer will have to pay com-pensation 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.

In case the whole or any part of the goods sold remained uncleared, after due date as stated in the delivery schedule, the buyer shall have no claim whatsoever on the goods remaining unclear and the EMD paid to Reliance Industries Lim-ited will stand forfeited at the expiry of the said period. Reliance Industries Limited shall have right to dispose of such goods in any manner they like. The buyer shall have no right whatsoever for any compensation on this account.

The buyer shall not be entitled to resell any lot or part of a lot while the goods are lying in the premises of the Reliance Industries Limited and no delivery would be affected by the Reliance Industries Limited to any person other than the buy-er.

DISPUTES / ARBITRATION

In the event of any dispute regarding terms and conditions or any other matter related to e-Auction / transaction, deci-sion given by Reliance Industries Ltd SMD will be considered as final.

In case the material is not removed in time as per our intimation, Owner have an option to impose a fine minimum of Rs.500/- (Rupees five hundred only) per day for delay subject to maximum 1 % (one percent) of total contract value and it will be recovered from Customer by Owner at its' own discretion.

In case Customer fails to remove the quantity offered for removal within period of Fifteen days from the date of intima-tion, the security deposit will be forfeited by OWNER at their own discretion.

If Customer fails to lift the material within maximum Twenty-one days of intimation, then owner reserves the right to deploy other agency and sell the material at their own discretion at the risk and cost of customer. The security deposit in such a case will be forfeited.

If Customer fails to lift the material within maximum Twenty-one days of intimation, then owner reserves the right to deploy other agency and sell the material at their own discretion at the risk and cost of customer. The security deposit in such a case will be forfeited.

TERMINATION OF CONTRACT

Reliance Industries Limited / Steelez the right to terminate the contract at any time on the following ground.

Unsatisfactory execution or performance of the contract by the Buyer.

For improper behavior of the buyer or by his employees / agents / representatives or breach of the terms and conditions of the contract.

Or for the reason, whatsoever, as may deem fit to Reliance Industries Limited for termination of the contract.

TERMS & CONDITIONS OF FORWARD AUCTION

(TO BE SIGNED ON EACH PAGE BY THE PARTICIPANT IN AUCTION) Subject to the reserve price, if any, fixed by the RELIANCE INDUSTRIES LIMITED and subject to the terms and conditions set out herein, sale shall be made to the HIGHEST BIDDER on “AS IS WHERE BASIS ”and“ NO COMPLAINT BASIS.” The RELIANCE INDUSTRIES LIMITED does not undertake any responsibility to procure any permission/license etc. in respect of the auction property offered for sale.

RELIANCE INDUSTRIES LIMITED reserves the right to modify and amend the terms & conditions and announce the same at any time before the auction concludes. Announcements during the auction on the website including announcement of any 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 RELIANCE INDUSTRIES LIMITED, and it is binding on the bidder.

Participation and bidding in this Auction shall be treated as conclusive evidence of the fact that the bidder has inspect-ed 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. RELIANCE INDUSTRIES LIMITED will not entertain any complaints or objections once Bid is placed.

RELIANCE INDUSTRIES LIMITED does not give warranty or guarantee of the quality, quantity, measurement, and 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.

The highest bidder does not get any right to demand acceptance of his offer. RELIANCE INDUSTRIES LIMITED 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, RELIANCE INDUSTRIES LIMITED, shall refund the value of Auction Property, if paid for, to the successful bidder. RELIANCE INDUSTRIES LIMITED shall not be responsible for any damages/loss whatsoever to the successful bidder on account of such withdrawal.

CMD/ EMD/ advance payment amount will not carry interest.

RELIANCE INDUSTRIES LIMITED and e-Business dot Com Pvt Ltd is not responsible for any damages, including damages that result from, but are not limited to negligence. e-Business dot Com Pvt Ltd will not be held responsible for consequential damages, including but not limited to systems problems, inability to use the system, loss of electronic information etc. In the event of failure on the part of the successful bidder to fulfill his contractual obligations, RELIANCE INDUSTRIES LIMITED / Steelez reserves the right to debar such bidder from participating in any future auction conducted by Steelez on behalf of RELIANCE INDUSTRIES LIMITED.

RIL will not be held responsible for any failure of power, Network, server, hosting server, Internet connectivity, ISP or otherwise at Bidder's end or at RIL directly or indirectly affecting on-line method of Bidding. EMD/DEPOSIT: Buyers will need to pay refundable EMD/deposit as specified by the RELIANCE INDUSTRIES LIMITED. The RELIANCE INDUSTRIES LIMITED reserves the right of forfeit the EMD/deposit for non-adherence of any / various conditions / clauses as laid down during the auction. The highest bidder does not get any right to demand acceptance of his offer. RELIANCE INDUSTRIES LIMITED 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, RELIANCE INDUSTRIES LIMITED, shall refund the value of Auction Property, if paid for, to the successful bidder. RELIANCE INDUSTRIES LIMITED shall not be responsible for any damages/loss whatsoever to the successful bidder on account of such withdrawal. PAYMENT: All payments shall be made I the form of Demand Draft/Pay order issued by any Scheduled /Nationalized Bank in favour of RELIANCE INDUSTRIES LIMITED. The successful tenderer(s) will be intimated about the acceptance of the offer and would be required to deposit full cost of materials and applicable sale tax and duties within 3-days by crossed Demand Draft in favor of RELIANCE INDUSTRIES LIMITED , payable at BELLARY failing which RELIANCE INDUSTRIES LIMITED may award the contract to any other party at the cost of the successful tenderer(s) and the EMD shall be forfeited. The successful tenderer(s) shall also be liable to pay damages to RELIANCE INDUSTRIES LIMITED arising out of non-deposit of price and re-awarding of contract by RELIANCE INDUSTRIES LIMITED to any other party. NO OTHER MODE OF PAYMENT WILL BE ACCEPTED. LIFTING OF MATERIAL:-The time is the essence of the contract and the successful tenderer (s) should start lifting the material with immediate effect on award of contract after depositing the cost of the material per the Contract.

PENALTY FOR NON LIFTING OF SCRAP :-In case the materials are not lifted from the factory as indicated in the offer schedule or by RELIANCE INDUSTRIES LIMITED , RELIANCE INDUSTRIES LIMITED reserves its rights to dispose it off to any other party and loss will be made good by the successful tenderer and RELIANCE INDUSTRIES LIMITED will be at liberty to adjust the amount of EMD and cost of material, the loss and damages suffered by RELIANCE INDUSTRIES LIMITED due to re-awarding of contract to any other party. The successful tenderer(s) shall also be liable to pay loss and damages. No extension will normally be permitted either for deposit of amount or for lifting the materials. IN this case EMD will be forfeited by the RELIANCE INDUSTRIES LIMITED in Such extension, extension will be valid only if permitted in writing by RELIANCE INDUSTRIES LIMITED

Dispatch will be given as per RIL Terms

*****No Delay in Lifting of Material & Payments. *****

Vehicles should be placed as per RIL Terms. Failing the same EMD will be forfeited.

Payments should be made one day prior to placing the vehicle in form of DD & RTGS only. NO OTHER MODE OF PAYMENT WILL BE ACCEPTED.

These terms and conditions are to be signed by the tenderer and must accompany the tender documents otherwise it is liable to be rejected. Acceptance of the above terms and conditions:- We confirm that we have read and clearly understood above terms and conditions. We undertake to abide by these terms and condition:- MATERIAL INSPECTION - I HAVE INSPECTED ALL MY INTERESTED PRODUCTS AND I AM READY TO LIFT ALL THE MATERIAL AS IS WHERE BASIS AND NO COMPLAIN BASIS WITHOUT ANY CONDITION IN WHICH I WILL BE H1 BIDDER. (Signature) Name and Designation of Authorized Signatory with seal.