Terms & Condition

1. Interpretation
1.1 In these Terms:
“BUYER” means the person who accepts the seller’s verbal or written quotation for
the sale of the Goods or whose Written order for the Goods is accepted by the
Seller;
“GOODS” means the goods (including any instalment of the goods or any parts for
them) which the Seller is to supply in accordance with these Terms;
“SELLER” means MACHINERY WORLD LIMITED
“CONTRACT” means the contract for the sale and purchase of the Goods;
“INCOTERMS” means the international rules for the interpretation of trade terms of
the International Chamber of Commerce as in force at the date when the Contract is
made;
“TERMS” means the standard terms of sale set out in (this document) and (unless
the context otherwise requires) includes any special terms agreed in Writing between
the Buyer and the Seller.
“WRITING” and any similar expression, includes facsimile transmission and
comparable means of communication, including electronic mail or via the world wide
web.
1.2 A reference in these Terms to a provision of a statute shall be construed as a
reference to that provision as amended, re-enacted or extended at the relevant time.
1.3 The headings in these Terms are for convenience only and shall not affect their
interpretation.
2. Basis of the sale
2.1 The Seller shall sell and the Buyer shall purchase the Goods in accordance with
the Seller’s Written or verbal quotation (if accepted by the Buyer), or the Buyer’s
Written order (if accepted by the Seller), subject in either case to these Terms, which
shall govern the Contract to the exclusion of any other terms subject to which any
such quotation is accepted or purported to be accepted, or any such order is made
or purported to be made, by the Buyer and no variation to these Terms shall be
binding unless agreed in Writing between the authorised representatives of the
Buyer and the Seller.
2.2 The Seller’s employees or agents are not authorised to make any
representations concerning the Goods unless subsequently confirmed by the Seller
in Writing. In entering into the Contract the Buyer acknowledges that it does not rely
on any such representations which are not so confirmed, but nothing in these Terms
affects the liability of either party for fraudulent misrepresentation.
2.3 Any advice or recommendation given by the Seller or its employees or agents to
the Buyer or its employees or agents as to the storage, application or use of the
Goods which is not confirmed in Writing by the Seller is followed or acted on entirely
at the Buyer’s own risk, and accordingly the Seller shall not be liable for any such
advice or recommendation which is not so confirmed.
2.4 Any typographical, clerical or other error or omission in any sales literature,
quotation, price list, acceptance of offer, invoice or other document or information

issued by the Seller shall be subject to correction without any liability on the part of
the Seller.
3. Orders
3.1 No order submitted by the Buyer shall be deemed to be accepted by the Seller
unless and until confirmed in Writing by the Seller’s authorised representative.
3.2 No order which has been accepted by the Seller may be cancelled by the Buyer
except with the agreement in Writing of the Seller and on terms that the Buyer shall
indemnify the Seller in full against all loss (including loss of profit), costs (including
the cost of all labour and materials used), damages, charges and expenses incurred
by the Seller as a result of cancellation.
4. Price of the goods
4.1 The price of the Goods (“Price”) shall be the Seller’s quoted price or, where no
price has been quoted (or a quoted price is no longer valid), the price listed in the
Seller’s published price list current at the date of acceptance of the order. Where the
Goods are supplied for export from INDIA , the Seller’s published export price list
shall apply (if any). All prices quoted are valid for 30 days only or until earlier
acceptance by the Buyer, after which time they may be altered by the Seller without
giving notice to the Buyer.
4.2 The Seller reserves the right, by giving Written notice to the Buyer at any time
before delivery, to increase the price of the Goods to reflect any increase in the cost
to the Seller which is due to any factor beyond the control of the Seller (such as,
without limitation, any foreign exchange fluctuation, currency regulation, alteration of
duties, significant increase in the costs of labour, materials or other costs of
manufacture), any change in delivery dates quantities or specifications for the Goods
which is requested by the Buyer, or any delay caused by any instructions of the
Buyer or failure of the Buyer to give the Seller adequate information or instructions.
4.3 Except as otherwise stated in the Seller’s Written quotation or in any price list of
the Seller, and unless otherwise agreed in Writing between the Buyer and the Seller,
all prices are given by the Seller on the basis, that, the Buyer shall be liable to
arrange to collect the Goods from any location specified by the Seller whether in
INDIA or elsewhere
4.4 The price shall be quoted and payable in Indian currency and is exclusive of any
applicable value added tax or any other taxes export taxes duties or other statutory
levies or payments, which the Buyer shall be additionally liable to pay to the Seller.
5. Terms of payment
5.1 Subject to any special terms agreed in Writing between the Buyer and the Seller,
the Buyer shall pay 30% of the Price within 2 working days of acceptance of the
order by the Buyer. The balance of the Price shall be paid by the Buyer to the Seller
in cleared funds prior to collection of the Goods by the Buyer in any event payment
of the Price in full shall be due within 30 days of acceptance of the order by the
Seller..
5.2 Time of payment of the price shall be of the essence of the Contract. Receipts for
payment will be issued only on request.
5.3 If the Buyer fails to make any payment on the due date then, without limiting any
other right or remedy available to the Seller, the Seller may:

5.4.1 appropriate any payment made by the Buyer to such of the Goods (or the
goods supplied under any other contract between the Buyer and the Seller) as the
Seller may think fit (notwithstanding any purported appropriation by the Buyer); and
5.4.2 charge the Buyer interest (both before and after any judgment) on the amount
unpaid, at the rate of 4 per cent per annum above HDFC Bank Plc base rate in India
from time to time, until payment in full is made (a part of a month being treated as a
full month for the purpose of calculating interest).
6. Delivery
6.1 Delivery of the Goods shall be made by the seller at the place of buyer.
6.2 The Goods shall not be released for delivery until payment of the Price has been
made in full by the Buyer.
7. Risk and property
7.1 Risk of damage to or loss of the Goods shall pass to the Buyer as soon as the
order for the Goods is accepted by the Seller and the Buyer shall insure the Goods
at its own expense in the joint names of the Buyer and the Seller until payment of the
Price received in full by the Seller
8. Warranties and liability
8.1 Subject as expressly provided in these Terms, and except where the Goods are
sold to a person dealing as a consumer (within the meaning of the Unfair Contract
Terms Act 2003), all warranties, conditions or other terms implied by statute or
common law are excluded to the fullest extent permitted by law.
8.2 Where the Goods are sold under a consumer transaction (as defined by the
Consumer Transactions (Restrictions on Statements) Order 2003) the statutory
rights of the Buyer are not affected by these Terms.
8.3 All Goods are sold “as seen” unless otherwise agreed with the Seller in writing
prior to the order being accepted by the Seller.
8.4 The Seller shall not be liable for any faults and imperfections and errors of
description.
8.5 Visual images and descriptions provided by the Seller are for identification only
and shall not constitute representations by the Seller and the Buyer should inspect
the Goods and carry out whatever tests it consider necessary before the order is
accepted by the Seller.
8.6 The Seller gives no warranty as to the suitability of the Goods for the purpose of
the Buyer and the Buyer confirms that it has satisfied itself in this regard. The Buyer
must ensure that it complies with all requirements of the original manufacturer
relating to the Goods, their transportation, storage, installation and use.
8.7 The Buyer should be aware that the Goods may have been adapted or modified
from its original specification by a previous owner of the goods if they are not new
and it will be for the Buyer to inspect the Goods to satisfy themselves as to the
condition of the Goods. The Buyer hereby confirms that it has had such opportunity
to satisfy itself.
8.8 Except in respect of death or personal injury caused by the Seller’s negligence,
or liability for defective products under the Consumer Protection Act 2002, the Seller
shall not be liable to the Buyer by reason of any representation (unless fraudulent),

or any implied warranty, condition or other term, or any duty at common law, or
under the express terms of the Contract, for loss of profit or for any indirect, special
or consequential loss or damage, costs, expenses or other claims for compensation
whatsoever (whether caused by the negligence of the Seller, its employees or
agents or otherwise) which arise out of or in connection with the supply of the Goods
(including any delay in supplying or any failure to supply the Goods in accordance
with the Contract or at all) or their use or resale by the Buyer, and the entire liability
of the Seller under or in connection with the Contract shall not exceed the price of
the Goods, except as expressly provided in these Terms.
8.9 The Seller shall not be liable to the Buyer or be deemed to be in breach of the
Contract by reason of any delay in performing, or any failure to perform any of the
Seller’s obligations in relation to the Goods, if the delay or failure was due to any
cause beyond the Seller’s reasonable control. Without limiting the foregoing, the
following shall be regarded as causes beyond the Seller’s reasonable control:
8.9.1 Act of God, explosion, flood, tempest, fire or accident;
8.9.2 war or threat of war, sabotage, insurrection, civil disturbance or requisition;
8.9.3 acts, restrictions, regulations, bye-laws, prohibitions or measures of any kind
on the part of any governmental, parliamentary or local authority;
8.9.4 import or export regulations or embargoes;
8.9.5 strikes, lockouts or other industrial actions or trade disputes (whether involving
employees of the Seller or of a third party);
8.9.6 difficulties in obtaining raw materials, labour, fuel, parts or machinery
8.9.7 power failure or breakdown in machinery.
9. Storage
9.1 The Buyer shall arrange delivery of the Goods pursuant to clause 6. If the Buyer
fails to do so within 2 calendar months of the order for the Goods being accepted by
the Seller then the Seller shall pay the weekly storage fee of Rs 1000.00 plus value
added tax per week (or part thereof) per machine, which sum shall be required to be
paid by the Seller with the balance of the Price pursuant to clause 5 and the Seller
shall not be obliged to deliver the Goods until such sum has been paid in cleared
funds.
9.2 If the Buyer fails to take delivery of the Goods pursuant to clause 6 within 3
calendar months of the order for the Goods being accepted by the Seller then the
Seller shall (without limiting any other right or remedy of the Seller) be entitled to:
9.2.1 Forfeit the deposit paid pursuant to clause 5.1
9.2.2 Rescind the agreement with the Buyer in respect of the Goods
9.2.3 Charge to the Buyer costs of storage, insurance and transportation of the
Goods
9.2.4 Re-sell the Goods at the price obtainable in the market and charge the Buyer
for any shortfall below the Price
10. Insolvency of buyer
10.1 This clause 10 applies if.

10.1.1 the Buyer makes a voluntary arrangement with its creditors or (being an
individual or firm) becomes bankrupt or (being a company) becomes subject to an
administration order or goes into liquidation (otherwise than for the purposes of
amalgamation or reconstruction); or
10.1.2 an encumbrancer takes possession, or a receiver is appointed, of any of the
property or assets of the Buyer; or
10.1.3 the Buyer ceases, or threatens to cease, to carry on business; or
10.1.4 the Seller reasonably apprehends that any of the events mentioned above is
about to occur in relation to the Buyer and notifies the Buyer accordingly.
10.2 If this clause applies then, without limiting any other right or remedy available to
the Seller, the Seller may cancel the Contract or suspend any further deliveries
under the Contract without any liability to the Buyer, the Price shall become
immediately due and payable notwithstanding any previous agreement or
arrangement to the contrary.
General
11.1 A notice required or permitted to be given by either party to the other under
these Terms shall be in Writing addressed to that other party at its registered office
or principal place of business or such other address as may at the relevant time have
been notified pursuant to this provision to the party giving the notice.
11.2 No waiver by the Seller of any breach of the Contract by the Buyer shall be
considered as a waiver of any subsequent breach of the same or any other
provision.
11.3 If any provision of the Contract is held by a court or other competent authority to
be invalid or unenforceable in whole or in part the validity of the other provisions of
the Contract and the remainder of the provision in question shall not be affected.
11.4 Any dispute arising under or in connection with the Contract or the sale of the
Goods shall be referred to arbitration by a single arbitrator appointed by agreement
or (in default) nominated on the application of either party by the President for the
time being of the Law Society accordance with the rules of the Arbitration Act 2003
11.5 The Contract shall be governed by the laws of India, and the Buyer agrees to
submit to the exclusive jurisdiction of the Pratapgarh court.

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