1.The Owner or negotiator will deposit an amount to the Company as security.
2.Within 24 hours from the date of deposit the company will sent the tester/metallurgist to the spot for free hand testing of articles.
3. The Bond issued by the company will come into force at the of Appraiser reaching the spot and the bond will remain valid for 24 hours.
4. If the Owner/Negotiator fail to present the material/article on the due date and time or after testing if the material comes into negative, the deposit money will be forfeited.
5. If the material is found O.K. then the tester will inform the company and the company will start payment with in 3 hours if the spot situates at the Metropolitan City other than that the said amount to be paid within 6 hours and the balance will be given within 2-3 days.
6. On the following day 50% of the remaining amount to be paid and the next day balance to be paid to the party in full. All those payment to be made by the company through Bank.
7. After first payment the article will remain under the joint custody of both the parties.
8. The company reserves the right to make addition of the terms and conditions as and when required, and will produce the relevant paper in regarding purchase as and when required.
9. The Negotiator i.e. who will deposit the security money will be rewarded by the company if the deal is purely completed.
10. The liquid amount demanded by the owner to be paid by the company as per direction of the owners.
11. The Negotiator i.e. who will deposit the security money will be rewarded by the company if the deal is purely completed.
12. The testing place or spot should be suggested at the suitable place where four wheelers any move easily. No payment will be made on foot way.
13. At the time of payment on spot two cars with security should require to be allowed by the coordinator of the seller.
14. If any party desires to verify the capability of the company, he is to deposit charges to the company and after depositing the company will arrange everything to satisfy the party in respect of finance and one person will be allowed to verify the same.