Ref: AAAV/TMFL/ RV -4178 /20 -21 Date: 07.08.2020...

AAAV/TMFL/RV-4178/20-21

Ref: AAAV/TMFL/RV-4178/20-21

VALUATION REPORT

Purpose Value of Repossessed

Asset

Bank / Valuation

for

Tata Motors

Ltd.

Contract No. 5002721404

Request from TMFL

Asset Make TATA

Asset Model ACEMEGAXL

Year of mfg 2016

Repossession Date 20.01.2020

RC & Fitness Valid NA

Assessed Fair Market Realization Value Rs

* - Parking charges extra as applicable.

COST TO BIDDER BUYER

/BIDDERSMARGIN

WARRANTY

COST

TRANSPORATION

COST

20000 9000 1500

Asset Description

Assessors Parameter

Engine

Silencer

Abnormal Engine Noise

Plugs

Oil

Radiator/Condenser

Oil Leakage

Fan Belts

Filters

Suspension Suspension Noise While Driving Front & Rear

Steering Steering Lock

Wheel Alignment/ Balancing/

21

VALUATION REPORT – ACE MEGA XL

Value of Repossessed HMR/KMR Could not be checked

Motors Finance Chassis No. MAT535051JYC08367

5002721404 Engine No 8LTDICRAIL08CRYS4885

RC NO OD01X4009

Inspector Pravakar Naik

ACEMEGAXL Location NIRMAL CHANDRA DHAL (ORISSA)

RC Status Not available

20.01.2020 Inspectio

n Date

01.12.2019

06.08.2020)

Tax up to NA

Assessed Fair Market Realization Value Rs 0.68 Lac (Rupees Sixty Eight Thousand only).

Parking charges extra as applicable.

TRANSPORATION

COST

RTO

EXPENSES

INSURANCE

COST

TAXES +

PENALTY

1500 20000 30000 NA

Parameter Condition

Appears to average condition

Abnormal Engine Noise Could not be checked


Found

Radiator/Condenser Average condition

Found, Rs. 1000/-



Suspension Noise While Driving Front & Rear

Not found

Steering Lock Available

Wheel Alignment/ Balancing/ Appears to average condition

Date: 07.08.2020

Could not be checked

MAT535051JYC08367

8LTDICRAIL08CRYS4885

OD01X4009

Pravakar Naik NIRMAL CHANDRA DHAL (ORISSA)

Not available

01.12.2019(Revised on

06.08.2020)

Thousand only).

REFURB

COST

PARKING

CHARGES

TOTAL

COST

43800 1940 124300

Condition







Wobbling

Steering Operation

Brakes Pedal Operation

Brakes and Hand Brake

Transmission

Gear Engagement

Differential And Crown Rear Wheel Drive

Electrical

Instrument Cluster Lights/Gauges

Alternator

Fuel Pump

Battery Condition

Starter Motor

AC Function Cooling

Heating

Exterior

Frame/Underbody

Wind screen

Wiper Blades

Indicators

Headlights

Internal & Rear View Mirrors

Tail Lights

Interiors

Power Windows Front

Central Locking

Toolkit

Power Windows Back

Condition of Seats

Horn

Roof Wear & Tear

Headlamp/Indicator Switches

Tyre Condition

Wheel-Right Front

Wheel-Right Rear

Wheel-Left Front

Wheel-Left Rear

Wheel Stephaney

Accessories

Seat Covers

Fog Lamps

Music System

Floor Mats

Speakers

Tipping Systems

Odometer

Rating 4

Overall Condition of the Vehicle

Unit was in average for Transportation

not available. Overall condition of the vehicle was in average condition.

Steering Operation Appears to average condition

Pedal Operation Appears to average condition

Brakes and Hand Brake Appears to average condition

Gear Engagement Appears to average condition

Differential And Crown Rear Appears to average condition, Rs

Instrument Cluster - Warning Lights/Gauges




Battery Condition Appears to average condition


Not applicable

Not applicable

Frame/Underbody Overall body(including engine

Broken, Rs 6000/-

Average condition

Average condition

Average condition

Internal & Rear View Mirrors Average condition

Average condition

Power Windows Front Not applicable

Locking Not Applicable

Not available

Power Windows Back Not applicable

Condition of Seats Average condition

Average condition

Roof Wear & Tear Average condition

Headlamp/Indicator Switches Average condition

Right Front Average condition

Right Rear Average condition

Left Front Average condition

Left Rear Average condition

Wheel Stephaney Missing, Rs 5000/-, servicing cost, Rs 2

Not available

Not available

Music System Not available

Not available

Not available

Tipping Systems Not applicable

Average condition

Overall Condition of the Vehicle

Unit was in average for Transportation & Plying. Unit was found in non operative condition. Spare tyre was

not available. Overall condition of the vehicle was in average condition.




condition

ears to average condition, Rs 4000/-



condition



Overall body(including engine body), Rs 25800/-

, servicing cost, Rs 2000/-

& Plying. Unit was found in non operative condition. Spare tyre was


The above mentioned unit is checked by us at NIRMAL CHANDRA DHAL (ORISSA) on 01.12.2019 without opening and dismantling any inner side or component (without disturbing its present condition). In inspection the vehicle was in average condition. The wheels were found in average condition.For the above said (used and Semi worn / torn) Vehicle, the Monetary value comes in Rupees Sixty Eight Thousand only considering the age, depreciation factors, indexes of P/M valuation, wear and tear, technical obsolescence, commercial obsolescence etc. and with the comparison of used pickup market. No discrepancy is found on the chassis and engine mismatch.

Assessed Fair Market Realization Value Rs. 0.68 Lac (Rupees Sixty Eight Thousand only).

INDRANIL AICH CHARTERED ENGINEER /APPROVED VALUER FIV 18328 THE INSTITUTION OF ENGINEERS (INDIA), BE PRODUCTION MRICS MEMBERSHIP NUMBER MRICS1267050 MIE- MEMBERSHIP NUMBER M132302-9 PANEL ARBITRATOR ICA UNDER FICCI

Signatures_ _

Note:

- As per IVSC (International Valuation Standards Committee) 2011- the standards w.e.f 01.01.2012, IVS 220 Plant and Equipment is applicable to this asset.

- The Valuation concludes on same day after Physical Inspection and without Prejudice. - The report is confidential to Tata Motors Finance Ltd. - The legal matter is solicited by Financier’s Solicitor. - Financier / Banker is suggested to check the ownership and free-hold interest of the

equipment priority basis before approving any Loan / Advance, sale of Repossessed Asset or any other activity entailing exchange of revenue.

- The Valuer is asked for “Normal Physical Market Value” – only of the specified equipment, on the basis of his / their Professional Qualification & Experience.

- Cost to the bidder is an estimation only and is delinked to IVSC standard’s and given on request of the financier.

AAAV/TMFL/VV-3997/19-20

Ref: AAAV/TMFL/ RV -4178 /20 -21 Date: 07.08.2020...

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Transcript of Ref: AAAV/TMFL/ RV -4178 /20 -21 Date: 07.08.2020...