ONLINE FORWARD AUCTION FOR INDUS TOWER LTD.

MS Scrap/DG SETS/E-WASTE
VJ ITL/15-16/07

Auction Date & Time : 15.01.2016 at 3:00 PM To 4:00 PM

Inspection Date : From 12.01.2016 to 14.01.2016
EMD Submission Date : 15.01.2016 by 12:00 PM
EMD Amount : EMD details are in Material List.

Contact Information : Indus Tower Limited

C/o Unique Warehousing
S. No. 11, Behind Yogesh Service Station
Lonikand, Pune - 412216

Contact Person for Inspection : Indus Tower Limited:

For Inspection Contact to Mr. Sachin7755900473
Mr. Debankar Biswas - 07350014392, Mr. Jeebesh Panda – 07719006600

Mjunction:
Mr. Dhiranjan Roy - 08584008256
dhiranjan.roy@mjunction.in
Mr. Kulkant Shukla- 8336925959
Kulkant.shukla@mjunction.in

Bid Basis: : Bid has to be placed in INR/MT & INR/Nos. and as mentioned in material list.
Auction Logic: : Forward Auction (English No Ties)
Inspection: : It is mandatory for bidders to inspect the material prior to auction.

www.valuejunction.in

Valuejunction a business unit of mjunction services limited is pleased to be selected by Indus Tower Limited for conduct of
online auctions for disposal of their Surplus & Obsolete assets. All these assets given below will be sold on “As is where is
basis” and on “No Complaint basis”. All our valued customers are requested to peruse the participation terms, payment
terms , lifting terms and other terms and conditions given below before participating. It is assumed that all our customers are
aware about the terms and conditions as set out in these presents before placing a bid in the auction. We thank you in
advance for your kind cooperation and participation.

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Registration: All our new customers are requested to register themselves in the website
www.valuejunction.in/www.metaljunction.com or get in touch with Mr. Dhiranjan Roy (8584008256)

Participation Terms:

1) Submission of Letter of interest, duly filled, signed and stamped with company seal. (For letter of interest – Please
see Annexure I).
2) Submission of EMD in favour of “mjunction services Ltd.” Payable at Kolkata for NEFT. (For EMD details – Please see
Material list ).

Beneficiary Name MJUNCTION SERVICES LIMITED

Bank Name HDFC BANK LTD
Branch Name Sandoz Branch, Mumbai
Account No Explained below *
IFSC Code HDFC0000240
*All the customers will have a unique account number. The unique account number is an alpha numeric code consisting of
13 characters. The Customer’s unique “account number” is a combination of the MJ’ SAP code along with the 7 digit bidder
SAP ID and can be used as reference for all subsequent transactions. The Customer’s Account Number detail is available in
“Profile” after the customer logs into our website using the user id and password.

Scan and e-mail to: loi@mjunction.in; dhiranjan.roy@mjunction.in, Kulkant.shukla@mjunction.in. It is the

responsibility of the bidder to submit the PRE-BID DEPOSIT on time and correctly. If any payment receipt is delayed to
MJ account, it is understood that MJ would not allow the bidder to participate in the e-auction.

This Pre Bid Deposit to Non-H1 will be refunded on the basis of written requests from the Customers.

Security Deposit: Post approval of auction, EMD amount will be converted to Security deposit. The Security Deposit will be
transferred to Indus Tower Ltd. & will be retained by them till successful completion of payments and lifting as per the terms and
conditions mentioned herein. Security Deposit shall be refunded to the Customer post completing lifting on the basis of written
requests. No interest shall accrue on the Security Deposit.

Payment Terms: Payment to be made to Indus Tower Limited. Bank detail for making payment through DD/RTGS will be
communicated to successful bidders.

Full payment inclusive of taxes and duties has to be done within 10 working days of issue of bid acceptance letter by the
Client.

Applicable Taxes & Duties: The bids are to be placed exclusive of taxes and duties the winning Customer shall be liable to pay
all taxes as would be applicable on the date of dispatch of the material and “Indus Tower Limited” would not be liable for
taxes in any manner, whatsoever. Applicable taxes and duties are indicated in the material list. In case of any changes in the
taxation laws by the Government, the taxes and duties prevailing on date of dispatch will be applicable.

Lifting Terms:

The Customers by whom the winning bid is submitted (“winning Customer”) will be allowed to start lifting the Material only
after making the complete payment against each lot (including taxes & duties). . The lifting of the whole material should be
completed within 20 days from the date of issue of sale confirmation by the Client. The lifting will be under the supervision and
direction of concerned official of ‘Indus Tower Limited’ in charge of such warehouse/location where the materials are stored.
The materials will be delivered ex-warehouse. It will be the responsibility of the winning customer to
arrange for lifting, payment of freight and transit insurance. The winning Customer shall be liable to
bear the transit insurance and Indus Tower Limited shall not be liable for the same in any manner.
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Auto Extension of Bid:-
In the event of bids in the last 3 minutes of the scheduled bid time, the Bid Timings are automatically extended for a specified
period from each such bid so that atleast 3 mins should be there to each bidders to react & put there bid. however Mjunction
retains the right to change the same.

Penalty Terms:

In case of successful bidder fails to lift the goods within 30 days from the date of issue of sale confirmation, Indus Tower Ltd
may at its discretion allocate the remaining quantity to any other bidder. Besides, Indus reserves the sole right and discretion
of disposing off such goods to any other bidder and the Earnest Money Deposit will be forfeited.

Bid Validity: The bids quoted in on line auction procedure of mjunction will be valid for a period of 30 working days from the
next date of closure of the Online Auction.

Forfeiture: Any defaulting from the terms mentioned above on part of the Customer in the case of payments or lifting will result
in forfeiture of the full Security Deposit.

Extension in Payment & Lifting Time: The Winning customers willing to avail of the same will have to take prior approval from
the concerned authorities of Indus Tower Limited on the same. Such extensions will be allowed (subject to the discretion of the
concerned authorities of Indus Tower Limited) subject to payment of late fees @ ½% per day of the outstanding amount for the
period of delay. The maximum extension allowed for such cases will be limited to initially a maximum period of fifteen (15)
working days from the last date of payment/lifting thereafter it may be allowed at the total discretion of the concerned
authorities and the winning customer shall not have any right to claim any further extension in any manner and for
whatsoever reasons.

Customers must be extremely careful to avoid any wrong bidding (whether typographical or otherwise). They must check and
rectify their bid (if required) before submitting their bid in the live e-auction floor by clicking bid button. There is no provision
for putting bids in decimals. The customers shall be solely responsible for all consequences arising out of the bid submitted by
him (including any wrongful bid submitted by him) customers must always ensure to keep their e-mail address valid and alive.
It is the responsibility of the customer to verify the status of their bids and check their e-mails to pay the security deposit in
terms of these presents.

Each lot put up for auction shall be deemed to be a separate contract of sale.

Arbitration Clause: Dispute or differences arising out or relating to this Agreement shall be resolved through amicable mutual
discussion. Failing such amicable resolution of dispute / differences either of the party may refer the matter to arbitration of a
Sole Arbitrator to be appointed by the Managing Director of mjunction services limited (for issues relating to mjunction) or by
“Indus Tower Limited” (for issues pertaining to Indus Tower Limited). The award of the Arbitrator shall be final, binding and
conclusive on the parties hereto. The venue for arbitration shall be Kolkata. The Arbitration proceedings will be governed and
regulated by the provisions of Indian Arbitration and Conciliation Act, 1996 and the rules framed there under from time to time.

Governing Law: This Agreement is construed and shall be governed in accordance with the laws of India without giving effect to
any principle of conflict of law.

Jurisdiction: The Court at Calcutta shall have exclusive jurisdiction on any of the terms touching upon any subject matter of this
agreement.

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 GENERAL RULES AND REGULATION GOVERNING CONDUCT OF ONLINE
AUCTIONS ON THE “SERVICE PROVIDER” PLATFORM

INTRODUCTION:

This Online Forward Auction is being conducted for

Indus Tower Limited existing within the meaning of Companies Act, 1956 having its registered office at Bharti Crescent, 1
Nelson Mandela Road, Vasant Kunj, Phase – II, New Delhi - 110070. (Hereinafter referred to as the “Client’’) on the Auction
Platform of

MJUNCTION SERVICES LTD, a company incorporated and registered in India and having its registered office at TATA CENTRE 1ST
FLOOR, 43 J L Nehru Road, Kolkata 700 071 India (hereinafter referred as “Service Provider”).

The General Rules and Regulations provided herein govern the conduct of on line forward Auctions arranged by “Service Provider”
on its Auction Platform. These rules cover the roles and responsibilities of the Parties in the online Forward Auctions on the
Auction Platform. The acceptance, in-toto, to these General Rules and Regulations governing conduct of Online Auctions, and
Terms and Conditions for sale of Materials belonging to Indus Tower Limited by Online Auction is a pre–requisite for securing
participation of each Customer in the Online Auctions.

The key terms pertaining to the online Forward Auctions are provided in the “Annexure-D”. Prospective customers are advised to
read through the same.

ROLE OF “SERVICE- PROVIDER”

1. “Service Provider’ is the agency (operator) primarily providing the service of the Forward auction to the “Client”.

2. Finalization of the auction items in consultation with the Client.

3. Defining of bidding rules for each auction in consultation with the client.
4. Enhancing customer awareness of and comfort with the auction mechanism and bidding rules.

5. Input of the Auction items and defining the bidding rule in the auction engine.

6. Enlarging the customer base by introducing new customers.

7. Collection of Earnest Money Deposit (EMD), Letter of Interest etc. from the willing customers

8. Providing access to the approved customers to participate in the Auction.

9. Summarizing the Auction proceedings and communicate the outcome to the Client.

The responsibility of fulfillment of the contract rests between the customers and the client and the responsibility of the “Service
Provider” shall be restricted to the extent of the Services provided by them.

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 ROLE OF CUSTOMER
The role of the Customer is outlined below:
• The Customer would participate in the auction with the aim of bidding to secure the auctioned item in the Online Auction.
• The Customer would be provided access to the Online Auction through a “User ID” protected by a “Password”. The Customer
needs to ensure that the “User ID” and “Password” is not revealed to unauthorized persons. Customers are also requested to
change the Password allocated to them by the “Service Provider” to keep their confidentiality. However it would be Customer’s
sole responsibility to ensure the security and privacy of the same and he/they would not hold the “Client” / “Service Provider”
responsible in any manner whatsoever for any misuse of these user IDs and/or Password. The access to the auction mechanism
shall be provided to all the approved Customers subsequent to obtaining their written consent to the General Rules & Regulations
and the Letter of Interest. The payment of Pre Bid Deposit as decided by the Service Provider before the start of the Online
Auction will be one of the necessary conditions for participating in the auction.
• Customers hereby confirm that they shall commit to lift the item (being bid for) at the price entered by them in the auction
engine AND at the terms and conditions specified herein by the Client. All prices entered shall be legally binding on the Customers.
Customers are strongly advised to exercise due diligence while placing bids. Failure to honour the bids placed during online bidding
shall render the Customers liable for penal action as deemed fit by “Client” / “Service Provider”.
• In the event of winning an allotment in the auction mechanism, the Customer shall commit to fulfill outlined obligations under
the contract between Winning Customer and Client.

The Customers shall bid on the terms & place their bid in the auction engine in the manner specified herein.. The Customers
shall not stipulate any conditions on their own unless the terms herein expressly permit such conditions being stipulated by the
Customer. Bids entered with conditions attached shall be considered Conditional bids & “Service Provider” retains the right of
rejecting these bids even without intimating the Client.

• BIDDING RULES
The Bidding Rules refer to the information and terms defined specifically for a particular auction. The purpose
of the Bidding rules is to provide approved customers with the information and terms specific to the auction
in which they are bidding. This would include:
• Definition of the unit bidding.
• Start Time and duration of the auction.
• Any extension of the duration of the auction in the event of bids being received towards the end of the pre-specified duration.
• Start Bid Price.
• Specified Unit for Bidding.
• Price Increments and any reduction in the price increment in the auction in the event of inactivity.
• Other attributes (informational/non-negotiable in nature).

While it shall be the endeavor of “Service Provider” to specify these rules at the earliest for each Online Auction. The “Service
Provider” only in the case of unforeseen contingency beyond its control shall retain the right to delay the announcement of these
biddings rules or modify rules specified earlier at the time of the online bidding in prior written consent of the Client. These details
would be available to the customers on the Auction Engine at the time of bidding.
The participation in the auction process presumes complete awareness and understanding of the bidding rules.

CONDUCT OF THE AUCTION:

Only those Customers who have been approved by the “Client” and handed over stamped and manually signed “General Rules and
Regulations governing conduct of Online Auction along with Letter of Interest, required EMD amount and other necessary
documents to the “Service Provider” prior to the start of Online Auction will be given “Login ID” and “PASSWORD” to enable them
view and participate in Online Auction. “Indus Tower Limited” will have the sole discretion to approve the Customers who have
submitted bids and no requests will be entertained in this regard by Service Provider from the Customers.
The Online Auction shall be conducted on pre-specified date. The Key Terms pertaining to the conduct of Online Auction such as
“START TIME”, “DURATION”, “END TIME” AND “AUTO EXTENSION FACILITY” Shall be specified separately for each Auction.

“Service Provider” retains the right to cancel or reschedule the Online Auction, with the prior written
approval of the Client, on any of the following reasons:

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• The number of confirmed Customers is deemed insufficient to conduct the Online Auction
• Some of the confirmed Customers are unable to access the module due to infrastructure problems such as sustained power
failure or telecommunication breakdown.
• There are no bids, which are equal to or below Start Bid Price.
• Any other reason, which in the opinion of “Service Provider” / “Client” requires such action to be initiated.

The duration of Online Auction may also vary from the pre-specified period of time either on account of termination of the Online
Auction by “Service Provider” on the advice of the Client.
OR
In case of situations where it is felt that continuance of the auction proceedings is prejudicial to the smooth conduct and / or the
integrity of the auction process.

OR
due to Auto Extension during the Auction, duration may increase from specified period.

In the event of any problems being faced in the smooth conduct of the Online Auction, “Service Provider” with the approval of the
Competent Authority of the Client, shall have the right to undertake one or more of the following steps:
• Cancellation/ premature termination of the Online Auction with/ without a subsequent rerun of the auction on a mutually
decided date
• Cancellation of a bid
• Locking / deactivate a Customer’s account (suspension of operations in the account), etc.
In case of failure of net connection, Customer will communicate his best price to the “Service Provider” and “Service Provider” will
bid on behalf of the Customer with the minimum increment until the bid price reaches the best price offered by the Customer, by
proxy bidding mechanism.
The best price communicated by the Customer will have to be authenticated by written confirmation or fax to the “Service Provider”
and will be kept confidential between the “Service Provider” and the Customer. Customer will be bound by the price offered.

LIABILITY OF “SERVICE PROVIDER”

“Service Provider” shall not be liable to the Client/ Customers participating in the Online Auction or any other person(s) for:

• Any breach of contract between winning Customer and Client.

• Any delays in initiating the online auction or postponement / cancellation of the online auction proceedings due to any problem
with the hardware / software / infrastructure facilities or any other shortcomings.

While, reasonable care and diligence will be taken by “Service Provider” in discharge of its responsibilities such as design of the
online bid, communication of bid details and rules, guidance to client/ customers in accessing the Auction Engine and placing bids,
etc. the customers shall specifically indemnify “Service Provider” from all liabilities for any shortcomings on these aspects. It is
clearly understood that these activities are undertaken by “Service Provider” to assist the Customers in participation but the
ultimate responsibility on all these counts lies totally with the customers.
RIGHT OF THE CLIENT:
The Client reserves the right to partially or totally accept or reject any / all bids placed in the Online Auction without assigning any
reason whatsoever. The decision of the Client would be final and binding on the Service Provider and the Customer in any such
case. In case the Online Auction is cancelled by Client, then Service Provider shall undertake the re-auction at its own cost, as
directed by the Client.

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CONFIDENTIALITY CLAUSE:
“Service Provider” undertakes to handle any sensitive information provided by the Client or confirmed Customers for the auctions
conducted with utmost trust and confidentiality.

JURISDICTION
Any disputes relating to the online auction module shall be subject to the sole jurisdiction of Court of Law having jurisdictions over
the Plant from where the Materials are being sold.

Signed in acceptance of the above terms and conditions

Name: Signature

Designation of signatory Date Place

Telephone / FAX no._______________________

_____________________________________________________________

_____________________________________________________________

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 DEFINITION OF KEY TERMS
Auction

Auction refers to a forum where the requirement for one/more lots of an item is stated and the participants
(customers) are required to bid down the price to be selected to supply the requirement.

Online Auctions

Online auctions refer to those auctions conducted through the Internet with the customers (from one or
more locations) simultaneously bidding to be selected for supplying the item/s on Auction. In other words,
the venue for the auction is on an Internet website/ platform.

Services refer to the Online Auctions conducted by the Service Provider through its website as the venue for
the purpose of the Online Auction and also includes the responsibilities narrated under the head “ROLE OF
SERVICE PROVIDER” above.

Award at the Auction

In a single winner format, only one customer (normally the customer who quotes the highest price) is
awarded all the units of the item being auctioned. The customer quoting the highest price is normally
allotted the item.

Client

Client is the individual/business entity who has contracted "Service Provider" to conduct such auction. In case
of auction, the purpose would be the genuine intent to sell the selected item/s (Lot) to the customers
desiring to buy these items from the Client.

Customer

Customer is the individual/business entity participating in the auction,

Intending to buy the item(s) from the Client. To be become a Customer in the auction, a business entity has
to secure client approval for participation and also provide written assent to the General Rules and
Regulations.

Auction Engine

Auction Engine refers to the software that encapsulates the entire auction environment, processing logic and
information flows. "Service Provider" is the sole owner of the auction engine and retains exclusive right over
the utilization of the same.

Timings of the Online Bid

All the timings of the Online Bid shall be based on the time indicated by the Server hosting the Auction
Engine. It shall be the endeavor of "Service Provider" to ensure that the Server Time reflects as closely as
possible the Indian Standard Time (IST) i.e. GMT + 0530 hrs. However, in the event of any deviations between
the Server Time and the Indian Standard Time, the functioning of the Auction Engine (Launch, operation, and
closure) would be guided by the Server Time. Customers are advised to refresh both the windows of the
Auction Module check the exact Server Time (displayed in both the windows).

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Preview Time

Preview Time refers to the period of time that is provided prior to the commencement of bidding. This is to
facilitate approved participants to view the auction details such as item specifications, bidding details and
bidding rules. The purpose is also to familiarize participants with the functionality and screens of the auction
mechanism. It is not
mandatory for "Service Provider" to provide Preview Time.

Start Time.

Start time refers to the time of commencement of the conduct of the online auction. It signals the
commencement of the Price Discovery process through competitive bidding.

Duration of the Auction.

It refers to the length of time the price discovery process is allowed to continue by accepting bids from
competing customers. The duration of the auction would normally be for a pre-specified period of time.
However, the bidding rules may state the conditions when the pre-specified duration may be
curtailed/extended. The conditions include:
• Curtailment of auction duration in the event of no bids for a specified period of time (Inactivity Time)
• Automatic extension in the event of bids being entered towards the end of the scheduled duration to
facilitate the other customers to view and react to the bid.

Auto Extension of the Auction Timings.

In the event of bids in the last few minutes of the scheduled bid time, the Bid Timings are automatically
extended for a specified period from each such bid. Such Auto Extension shall continue until no bids are
placed for the specified period (Engine remains inactive for the specified period). The Inactivity Time for Auto
Extension purpose is normally X minutes. "Service Provider" however retains the right to change the same.
The Inactivity Time applicable for the particular Online Bid shall be visible to the customers under the Bidding
Rules module on the engine.

End of the Auction.

End of the Auction refers to the termination of the auction proceedings signaling an end to the price
discovery process.

Auction Report.

"Service Provider" would provide an Auction Report to the Client containing a summary of the auction
proceedings and outcome. The Auction Report would constitute the official communication from "Service
Provider" to the client about the outcome of the Auction.

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 Material List of Items for Disposal

Materials are present in Indus Tower Limited, Lonikand Ware house

Please note that the EMD structure will be changed after getting the clarification of Cable lot

Lo
Scra EMD
t UO MOEF EMD Lot EMD Catalogue
Item Desc. p Group
N M Requirement Wise Wise
Qty Wise
o.
1 Tower Scrap 500 MT 7,00,000
2 DG 13 NOS 30,000
DG Canopy - 1 Nos
DG- Dismental & Damge - 1
3 4 NOS 10,000
Nos
DG- Incomplte - 2 Nos 7,50,000
4 Shelter Pannel 70 MT 25,000
5 Transmission Rack 40 NOS 3,000
6 Wooden Scrap 3 MT 1,000
7 Fiber / Plastic 1 MT 1,000
13,00,000
8 AC 981 NOS MOEF e-Waste 5,00,000
9 PIU 88 NOS MOEF e-Waste 12,000
10 PP 133 NOS MOEF e-Waste 10,000
11 LCU 56 NOS MOEF e-Waste 10,000
12 BB Cabinet 15 NOS MOEF e-Waste 3,000 5,25,000
13 Stabilizers 25 NOS MOEF e-Waste 4,000
14 Rectifiers 450 NOS MOEF e-Waste 4,000
15 Battery Chiller 6 NOS MOEF e-Waste 1,000
Cable/ BB Copper Strip (Mix of
16 5 MT MOEF Copper 20,000 NA
Aluminium & Copper)

Details of AC and DG’s are mentioned in the below chart:-

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 The bidders participating in the MOEF LOTS in the auction should hold
valid CPCB/PCB with validity up to 31st December 2016.

Interested bidder can deposit as given above in material List

Please Note: -

• All interested bidders are requested to inspect the items before the
auction. It will be assumed that customers participating in the auction
have inspected the materials prior to the auction.

• No complaints regarding difference in material quality or quantity will

be entertained.
• Materials sold would be under “as is where is” basis. Any Picking,
sorting, cutting, cleaning or breaking up of scrap materials will not be
permitted.

Successful Bidders has to make his own arrangements for shifting,

loading, unloading, weighing & transportation of scrap items at their
own cost.
• Loading and weighing of the goods at designated weighing machine
have to be executed in the presence of Indus authorized
representatives. In case of any dispute, re-weighing shall be done on
another weighing machine at the sole discretion of Indus.

• The authorized personnel of the successful bidder visiting the

warehouse for lifting the goods should necessarily carry the
authorization letter and the proper photo identity.

• Indus will arrange to issue Tax invoice for the transaction without
which the goods shall not be removed from the Indus warehouse.

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• Any details like PAN, Bank A/c etc. and copies of documents require
for creation of customer code in Indus system have to be provided by
the successful bidder.

• Material Quantity is tentative & actual quantity may vary at the time
of Lifting

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 Annexure -2

Letter of Interest
To
INDUS TOWER LIMITED

THROUGH: M/s Mjunction Services Ltd

Dear Sir,

(1) We ___________________________________ are interested in participating in the Online Forward

Auction notified vide your notice under reference no.__________________ dated _________.
(2) We are hereby submitting EMD of Rs.____________ (Rupees ___________ only) vide RTGS/NEFT.
No.________________________ dated ___________ drawn on _____________________ (Bank) in favour
of “ ________________________ “ payable at _______ for participating in the above mentioned Online
Forward Auction.
(3) We agree to abide by all the instructions contained in the above indicated Online Forward Auction
notice, your terms and conditions of sales and General Rules and Regulation Governing conduct of online
Auction on the Service provider’s platform/ website.
(4) We do declare that out of the material available for auction at Indus Tower Ltd., Pune, we have
inspected all the material of our interest & inspection is done by us to the best our satisfaction. I confirm
that I will honor my bid placed in e bidding & MJunction Services Ltd. has all the right to forfeit my EMD
amount in case I default or back out.
(5) I/We understand that my/our bid in an e-selling event would be construed as my/our acceptance to
the “Indus Tower Limited” terms and Conditions of the sale , General Rules & Regulations governing the
conduct of Online Auctions on the Service Provider Platform, Auction Notice. I/We understand that if our
bid is accepted by the service provider, and approved by Indus Tower Limited, I/We are obliged to
complete the transaction and abide by all Terms & Conditions mentioned in this auction document.
(6) I/We agree that I/we have been provided training by service provider in order to participate in Online
Forward Auctions. I/We agree to update ourselves regarding any changes made to the catalogue from the
website of the Service Provider/ Indus Tower Limited and bid accordingly.
(7) I/We request service provider to allot User-id and password to me/us and activate the same to
participate in the above mentioned online forward auction.
(8) I/We agree that I/we shall change the password on receipt by me/us and keep it confidential. I/We
agree that Service Provider shall not be held responsible in any way for any losses that may be suffered by
me /us as a result of disclosure of the password to any other person by me.
(9) I/We understand that my/our inability to participate in an e-selling event due to disruption of my /our
internet services, or due to bandwidth problems with my/our local internet service providers are beyond
the control of the Service Provider.
(10) In the event of any failure on our part to comply with all or any of the Terms & conditions regarding
the online forward auction, I/We irrevocably agree for the forfeiture of our security deposit and earnest
money deposit.
(11)I/We also agree that Indus Tower Limited is not bound to accept the highest or any bid or to assign
any reason for such non-acceptance.
(12) Indus Tower Limited shall not be responsible for any consequential, incidental, indirect, punitive,
exemplary or special damages of any nature whatsoever, including, without limitation, lost profits or
losses or for any damages arising out of or in connection with any malfunctions, delays, loss of profit or
interruption of service arising out their supply of material to us.

(13) I/We are providing the following details to you:-

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 a) Name & Address of the firm:

b) Name of the Contact Person on our behalf

c) Our contact Telephone Nos

d) Our contact FAX No

e) Our contact e-mail Particulars

f) Bank name

g) Branch name

h) Branch address

i) Branch telephone no

j) Account type

k) Account no.

l) Lot nos. for which SD is submitted:

m) Other documents required by Indus Tower Limited. If any

Yours faithfully

Signature of Authorized Person

(Name of the person signing)

Date: For M/S

Place: (With Company’s Seal)

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 Authorization Letter for Inspection

To
INDUS TOWER LIMITED
Pune

Subject: Authorization Letter in respect of inspection against specific auction/ lots.

Dear Sir,

Mjunction Services Ltd. Authorize M/s____________________________ for inspection of

specific lots to be auction on ________ through our e-auction platform. We request you to
arrange inspection for same in the presence of representative from Indus Tower Ltd.

Inspection Details
Inspection Dt:-________
No. of Persons Allowed for Inspection: - Maximum 3

Manager (Service Delivery)

Mjunction Services Ltd.

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