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Auction Sale of Jinasena (Pvt) Ltd

Auction Sale of A Large Quantity Of Serviceable & Unserviceable Robin & Yanmar Generators etc...

Jinasena (Pvt) Ltd

Auction Sale
of

A Large Quantity Of Serviceable & Unserviceable Robin & Yanmar Generators & Engines, Motor Pumps, Alternators, PVC Fittings, Nuts & Bolts, V Belts, Motor Cycle Spare Parts & Other Engineering Equipment & Surplus Office Furniture, Steel Cupboards, etc.

On Tuesday 24^th August 2010

To Be Held At Our Auction Sales Yard
15, Dharmarama Road,
Wellawatte
Colombo 06.

Commencing at 10.00 a.m.

On View - Monday 23^rd August 2010

( 9.00 a.m - 5.00 p.m )

Conditions of Sale
Entrance :	By a non refundable Ticket of Rs. 250.00 per person on the day of Auction.
Payment :	Non refundable initial deposit of 50% in Cash at the fall of the Hammer & Balance 50% & Removal latest by 3:00 pm on Wednesday 23rd August 2010.
The Management has the right to withdraw any item (s) from the Auction without prior notice.
The decision of the Management / Auctioneer will be final.

Schokman & Samerawickreme
Your Preferred Auctioneer, Consultant Valuer & Realtor in Sri Lanka For Over A Century

OURS IS AN ISLAND-WIDE SERVICE OF QUALITY

HEAD OFFICE
24, TORRINGTON ROAD, KANDY.
TEL: 081 2227593,
TEL / FAX: 081 2224371
EMAIL: schokmankandy@sltnet.lk

CITY OFFICE & SHOWROOM:
290, HAVELOCK ROAD, COLOMBO 5.
TEL: 011 2502680, 2585408,
TEL / FAX: 011 2588176
EMAIL:schokman@samera1892.com

Web: www.sandslanka.com

Subject	:	Auction Sale of Jinasena (Pvt) Ltd
Description	:	Auction sale at Our Auction Sales Yard; #15, Dharmarama Road, Wellawatte Colombo 06 at 10.00 a.m. On view - Monday 23rd August 2010 at 9.00 a.m - 5.00 p.m.
Contact	:	Schokman & Samerawickreme Tel : 011 2502680, 2585408, Tel / Fax: 011 2588176. Email : schokman@samera1892.com

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Bottom Line

Auction is an ever-popular method of selling property, particularly when the market is strong and sellers are confident that their property will fetch a good price. One of the benefits of successfully bidding at auction is that you get a definite result. Contracts exchanged at auction are unconditional and, once signed, are binding on both parties. But before you get to this process there are a number of factors to consider. First up is making sure that you have the authority to bid. In certain states, all bidders are required to be registered - a tactic designed to counter collusive industry behaviour, in particular the practice of planting "dummy" bidders to artificially raise the price at auctions.

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