Adamjee Insurance Sale of 24 Salvage Vehicles — Bids by 2026-10-01

Adamjee Insurance Co. Ltd. invites sealed bids for the disposal of 24 salvage/company-maintained vehicles on an "AS IS WHERE IS" basis. Inspection is available between 09:00 and 17:00 at Plot #44-A, Block‑E, Gulberg‑II, Lahore. Last date for submission of bids: 2026-10-01.

Key sale details and conditions:

- Issuer: Adamjee Insurance Co. Ltd.

- Total vehicles for sale: 24 salvage vehicles.

- Reserve price will be displayed on each vehicle.

- Token money: Deposit Rs. 40,000 per vehicle (refundable if bid unsuccessful; non-refundable if bid successful and will be adjusted in sale price). Token will be confiscated if payment is not made on or before the stipulated date.

- Successful bidder must pay by payorder(s) and receive vehicle documents on or before the last date for payment; vehicles must be transferred in the buyer's/nominee's name before taking delivery.

- All transfer charges, taxes and duties levied by government departments shall be borne by the buyer.

- Withholding tax: 10% for filers, 20% for non‑filers will be charged on the offered price, in addition.

- Capital Value Tax (CVT) as stated: CVT @ 01% of the amount (offered price + 10% WHT). Vehicles having displacement of 1300 CC and below are excluded (as stated).

- The company reserves the right to reject any or all offers without assigning any reason.

Inspection and contact:

Note: Additional listed makes include Haval (GWM H6 Turbo), Audi A6 and Changan Alsvin and Toyota Yaris; exact counts for those specific makes are not clearly specified in the provided listing.

For further information/details contact Adamjee Insurance at Phone: 042-35772960-79, 042-35772860. Mobile: 0333-4887767, 0340-0004483. Office address: Adamjee House, 4th Floor, 80/A, Block E-1, Main Boulevard, Gulberg-III, Lahore.