AUCTION: Unserviceable Vehicles and Miscellaneous Items at Lahore High Court

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Lahore High Court is conducting an open auction for the disposal of unserviceable vehicles and miscellaneous items. The auction will be held at the Lahore High Court premises on 17 October 2026 at 10:00 AM. Interested parties are invited to participate as per the terms and conditions outlined in the notice. Items being auctioned: - Unserviceable vehicles (details and models not specified in the notice) - Miscellaneous items (specific list not provided in the notice) The total reserve price for the auction is set at Rs. 2,474,180. All items will be sold on an as-is-where-is basis. Bidders are required to deposit a refundable earnest money of Rs. 50,000 in cash before the auction begins. Successful bidders must pay one-third of the bid amount immediately after the auction, with the remaining balance due within three days. Failure to pay the remaining amount within the stipulated time will result in forfeiture of the earnest money and cancellation of the bid. All applicable taxes will be borne by the successful bidder. The auction committee reserves the right to reject any or all bids without assigning any reason. Bidders are encouraged to inspect the items prior to the auction date during office hours. Only those who have deposited the earnest money will be allowed to participate in the bidding process. A practical tip: Arrive early on the auction day to complete the earnest money deposit and registration process, as only registered participants will be allowed to bid. Carefully inspect the items beforehand to make informed decisions during the auction. For further details, contact the office of the Assistant Registrar Stores at Lahore High Court.