Presented by Shweta Patil Roll No 85 PGDM B-Div

mjunction services limited is a joint venture promoted by SAIL and TATA Steel
valuejunction a business unit of mjunction services limited, conducts online auctions for disposal of their Surplus & Obsolete assets.

All 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 before placing a bid in the auction.

Steps
Registration: All our new customers are requested to register themselves in the website www.valuejunction.in Participation Terms: Pre Bid Deposit of Rs 20,000/ (refundable) in favor of mjunction services limited payable at Kolkata. Online Bidding Bid Validity : The bids quoted in on line auction will be valid for a period of 10 working days from the date of closure of the auction. Payment Terms: Balance payment to be deposited to M/s Tata Teleservices Ltd within ten(10) working days from the date of issue of bid acceptance letter. Extension in Payment & Lifting Time: Customers willing to avail of the same will have to take prior approval from the concerned authorities on the same. Such extensions will be allowed subject to payment of late fees @ % per day of the outstanding amount for the period of delay.

Pollution Norms
According to Ministry of Environment & Forests, Government of India old & used ferrous/nonferrous metal scrap, lead acid battery scrap, used oil can only be purchased by actual users enlisted with ministry of environment & forests (MOEF). In addition, bidders who are actual users can bid for the above items provided they submit the following documents:
i) valid license to process waste/scrap ii) valid consents under air and water act iii) valid authorization under hazardous waste rules