Compression MoldingTerms & Conditions for Both the buyer and seller sign all finalized deals on a notarized stamp paper. The contract is binding. To book the machine, pay 25% of the total sale proceeds when entering the notarized contract.
The buyer and seller will decide the time frame for loading and transportation. They will also decide the time frame for the remaining sales proceeds. They will include this in the notarized contract.
If the buyer, for any reason, is not able to complete the remaining sale proceeds in the mutually decided time frame as mentioned in the contract then the advance amount. i.e. 25% of the sale proceeds will be forfeited, If the buyer, in any case, denies completing the agreed deal after entering into the contract and receiving 25% of advance payment of total sale proceeds, in that case, the buyer must return the advance received. In addition, the buyer is also liable to pay compensation to the seller equal to the amount of advance received i.e. 25% of the sale proceeds.
Charges of VATSN-TECNIC for services and consultation must be paid at the time of entering into the contract,
All payments of sales proceeds will be channelized through VATSN-TECNIC keeping in mind the security reasons and guarantees of funds.
Bills for machinery or products will be provided in the name of VATSN-TECNIC. Commission charges are non-refundable after entering the notarized contract.
In conclusion, Terms and Conditions are not merely obligatory legal documents; they are vital instruments that establish guidelines, protect both parties and foster transparency. Their role in defining the user experience and safeguarding the interests of all involved parties cannot be underestimated. Therefore, acknowledging, understanding, and abiding by these terms is a crucial aspect of engaging with any service or product.
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