Adamjee Insurance Sale of 21 Salvage Vehicles — Sealed Bids (Closing 2026-07-17)

Adamjee Insurance Co. Ltd. invites sealed bids for the sale of 21 salvage/company-maintained vehicles on an "AS IS WHERE IS" basis. Vehicles may be inspected between 9:00 AM and 5:00 PM at 1-A Gulberg, Lahore; for inspection queries call 0333-4698124.

Reserve price will be displayed on each vehicle. Participants must deposit Rs. 40,000 per vehicle as token money (refundable if unsuccessful; non-refundable if successful and forfeited for failure to pay). Bids must be submitted by 2026-07-17. Successful bidders must pay by pay order, complete transfer formalities and collect documents by the stipulated payment date. All transfer charges, taxes and duties are borne by the buyer; 10% WHT for filers and 20% for non-filers will be charged on the offered price. Capital Value Tax (CVT) 01% applies on (offered price + 10% WHT); vehicles ≤1300 CC are excluded from CVT. The company reserves the right to reject any or all offers. For further information call 042-35772900-79 / 042-35772860 or mobile 0333-4887767 / 0340-0004483 (Adamjee House, 4th Floor, 80-A, Block E-1, Gulberg, Lahore).