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AAAV/TMFL/VV-11428/16-17

Ref: AAAV/TMFL/VV-11428/16-17 Date: 23.02.2017 VALUATION REPORT – TATA ACE HT PICKUP Purpose Value of Repossessed

Asset HMR/KMR NA (Battery was missing)

Bank / Valuation for Tata Motors Finance Ltd.

Chassis No. MAT445057DZC19920

Contract No. 5001213165 Engine No 275IDI07BWYS52018 Request from TMFL RC NO WB03C8558 Asset Make TATA Inspector Sk Izrafil Asset Model ACE HT PICKUP Location Moyna, Barasat, Lexus

Motors, WB Year of mfg 2013 RC Status Not available Repossession Date NA Inspection Date 22.02.2017 RC & Fitness Valid 29.04.2015 Tax Status 09.05.2016

Assessed Fair Market Realization Value Rs. 0.22 Lac (Rupees Twenty Two Thousand only).

* - Parking charges extra as applicable.

COST TO BIDDER BUYER

/BIDDERSMARGIN

WARRANTY

COST

TRANSPORATION

COST

RTO

EXPENSES

INSURANCE

COST

TAXES +

PENALTY

REFURB

COST

PARKING

CHARGES

TOTAL

COST

20000 9000 1500 20000 21000 1200 41200 NA 113900

Asset Description

Assessors Parameter Condition Engine Silencer Average

Abnormal Engine Noise Could not be checked

Plugs Not applicable

Oil Could not be checked

Radiator/Condenser Average

Oil Leakage Found. Rs. 1000/-

Fan Belts Could not be checked

Filters Could not be checked

Suspension Suspension Noise While Driving Front & Rear

Appears to be average

Steering

Steering Lock Appears to be average Wheel Alignment/ Balancing/ Wobbling

Appears to be average

Steering Operation Appears to be average

Brakes Pedal Operation Appears to be average

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AAAV/TMFL/VV-11428/16-17

Brakes and Hand Brake Appears to be average

Transmission Gear Engagement Appears to be average

Differential And Crown Rear Wheel Drive

Appears to be average. Rs. 1000/-

Electrical

Instrument Cluster - Warning Lights/Gauges

Average condition

Alternator Could not be checked

Fuel Pump Could not be checked

Battery Condition Missing. Rs. 6000/-

Starter Motor Could not be checked

AC Function Cooling Not applicable

Heating Not applicable

Exterior Frame/Underbody Average. Overall refurb cost. Rs. 20000/-

Wind screen Average condition

Wiper Blades Average condition

Indicators Average condition

Headlights Average condition

Internal & Rear View Mirrors Missing. Rs. 400/-

Tail Lights Average condition

Interiors

Power Windows Front Not applicable

Central Locking Not applicable

Toolkit Not available

Power Windows Back Not applicable

Condition of Seats Dismantled. Rs. 5000/-

Horn Appears to be average

Roof Wear & Tear Average

Headlamp/Indicator Switches Average

Tyre Condition

Wheel-Right Front Below Average. Resoled. Rs. 450/-

Wheel-Right Rear Below Average. Resoled. Rs. 450/-

Wheel-Left Front Below Average. Resoled. Rs. 450/-

Wheel-Left Rear Below Average. Resoled. Rs. 450/-

Wheel Stephaney Missing. Rs. 4000/- approx service Rs. 2000/-

Accessories

Seat Covers Not available

Fog Lamps Not available

Music System Not available

Floor Mats Not available

Speakers Not available

Tipping Systems Not applicable

Odometer NA (Battery was missing )

Rating 4

Overall Condition of the Vehicle

Average for Transportation & Plying. Spare tyre is missing. All tyres are in below average. Seat is

dismantled. Unit is not operative since battery was missing. Gear box & profiler shaft are missing. Overall

condition of the vehicle is in average.

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AAAV/TMFL/VV-11428/16-17

The above mentioned unit is checked by us at, Moyna, Barasat, Lexus Motors, WB on 22.02.2017 without opening and dismantling any inner side or component (without disturbing its present condition). In inspection the vehicle is in average condition. The wheels are found in below average condition. For the above said (used and Semi worn / torn) Vehicle, the Monetary value comes in Rupees Twenty Two Thousand 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. 0.22 Lac (Rupees Twenty Two Thousand Only).

INDRANIL AICH CHARTERED ENGINEER /APPROVED VALUER FIV 318328 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.

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AAAV/TMFL/VV-11428/16-17