We hereby agreed that:

1. We have read, examined, understood and signed, the terms and conditions of the auction as mention in auction document and we are binding on the same;

2. We offer to bid in conformity with auction/Tender Document;

3. Our submitted bid shall be binding upon us;

4. We agreed that auctioneer is not bound to accept highest bid in case of forward auction or lowest bid in case of reverse auction;

5. Auctioneer has right to cancel auction at any moment without prior intimation and we shall be bound on the same;

6. Weshall not have any rights against the auctioneer/LIPL in case failure of internet connection except as mentioned in the terms of auction documents.

7. As bidding in e-auction is time sensitive process. Please don't wait for auction to end If any technical issue is faced by the bidder during e-auction process. Kindly, Contact our technical department to solve the issue.

8. Extension of five minute is provided on the condition that Bid is received when less than 5 minute is remaining for e-auction end time. If such circumstances arises, Kindly keep refreshing every second during those remaining five minutes to update the bidding status.

9. Still Liquidator/ Auctioneer has right to accept or cancel or extend or modify etc... any terms and condition of E-auction. Liquidator/ Auctioneer can cancel any item of E-auction at any time. Liquidator/ Auctioneer has right to reject any of the bid without giving any reason, As LINKSTAR INFOSYS PRIVATE LIMITED is a E-auction platform service provider.

10. Participation in Live E-auction through cell phone will not allow also cell phone internet connectivity attached to Laptop/Desktop will not allow.