DOUBLE CHABI BASMATI RICE

                                                                GENERAL TERMS & CONDITIONS OF SALE

1. Prices - All prices are Ex-Factory/Ex-Warehouse and exclusive of GST and other applicable taxes, duties, freight, insurance, loading, unloading and other incidental charges unless otherwise agreed in writing. Prices are subject to change without prior notice.

2. Acceptance of Orders - All purchase orders shall be subject to written acceptance by the Company. The Company reserves the absolute right to accept, reject, modify or cancel any order, wholly or partly, without assigning any reason.

3. Availability of Goods - Dispatch of goods shall be subject to stock availability, production schedules and operational feasibility.

4. Payment Terms (a) Payment shall be made strictly within 10 (Ten) days from the invoice date unless otherwise agreed in writing. (b) In case of default, interest at 24% per annum shall be payable on the outstanding amount from the due date until realization. (c) The Company reserves the right to:  suspend or discontinue further supplies;   adjust any payment against outstanding dues;   recover legal costs and collection expenses; and   initiate civil and criminal proceedings wherever applicable.  

5. Retention of Title - Ownership and title in the goods shall remain vested with the Company until the Company receives full payment of the invoice amount together with interest, taxes and other dues. Until such payment is received:  the buyer shall hold the goods in trust for the Company;   the buyer shall not create any charge, lien or third-party interest over the goods; and   the Company shall have the right to repossess the goods without prejudice to any other legal remedy.  

6. Credit Facility - Any credit facility extended by the Company is purely discretionary and may be withdrawn, suspended or modified at any time without prior notice.

7. Delivery - Delivery schedules are approximate and shall not constitute an essential condition of the contract. The Company shall not be liable for delays caused by transportation issues, labour shortages, governmental restrictions, weather conditions, force majeure or any circumstances beyond its reasonable control.

8. Risk in Goods - Risk in the goods shall pass to the buyer immediately upon dispatch from the Company's factory/warehouse or delivery to the transporter, whichever occurs earlier.

9. Inspection and Claims - The buyer shall inspect the goods immediately upon receipt. Any complaint regarding: quantity, shortage, transit damage, defective packaging, or quality, must be communicated to the Company within 48 hours of delivery together with:  photographs,   invoice,   LR/GR copy,   transporter report (where applicable), and   other supporting documents.  No claim shall be entertained thereafter. Opening or consumption of the product shall constitute acceptance of quality except for manufacturing defects proven through laboratory testing.

10. Returns - Goods once sold shall not be returned, replaced or exchanged unless specifically approved in writing by the Company.

11. Cancellation of Orders - Orders once accepted cannot be cancelled without prior written consent of the Company. The Company may levy cancellation charges or recover actual losses suffered.

12. GST Compliance - The buyer shall provide correct GSTIN and statutory details. Any loss arising due to incorrect GST information, denial of Input Tax Credit or non-compliance by the buyer shall be recoverable from the buyer.

13. Dealer and Distributor Appointment - Appointment of dealers/distributors shall be subject to: document verification; financial assessment; market evaluation; execution of dealership agreement; and compliance with Company policies. The appointment does not create any agency, partnership, franchise or employment relationship.

14. Dealer Obligations - Every dealer/distributor shall: maintain product quality;  store products in hygienic conditions; comply with FSSAI and applicable laws; not tamper with packaging; not alter MRP wherever applicable; not make false representations regarding the Company's products.  

15. Promotional Schemes - Discounts, incentives, promotional schemes and marketing support are discretionary and may be modified, suspended or withdrawn without prior notice.

16. Intellectual Property - All trademarks, trade names, logos, labels, packaging, copyrights, designs, promotional materials and other intellectual property relating to Double Chabi Basmati Rice shall remain the exclusive property of the Company. No dealer or third party shall reproduce, copy, modify or use the same without prior written permission.

17. Counterfeit Products - The buyer shall immediately notify the Company upon becoming aware of any counterfeit, duplicate or deceptively similar products bearing the Company's trademarks.

18. Confidentiality - All pricing structures, dealer margins, commercial terms, business strategies, customer information and confidential information disclosed by the Company shall remain confidential and shall not be disclosed to any third party without prior written consent.

19. Compliance with Laws - The buyer shall comply with all applicable laws including:  Food Safety and Standards Act, 2006;   Legal Metrology laws;   GST laws;   Essential Commodities laws (where applicable);   Environmental laws; and   other applicable statutory requirements.  

20. Indemnity - The buyer shall indemnify and keep indemnified the Company, its Directors, officers and employees against all claims, losses, damages, penalties, costs and expenses arising from: breach of these Terms; improper storage or handling; unauthorized sale; violation of law; or negligent acts of the buyer.

 21. Limitation of Liability - The Company's total liability under any transaction shall not exceed the invoice value of the goods supplied. The Company shall not be liable for any: indirect losses, consequential damages, loss of profit, business interruption, goodwill, market loss, or special damages.  

22. Force Majeure - The Company shall not be liable for failure or delay in performance due to events beyond its reasonable control including natural disasters, floods, fire, epidemic, pandemic, strikes, lockouts, war, riots, governmental restrictions, transport disruption, shortage of raw material, power failure or other force majeure events.

23. Suspension of Supplies - The Company may immediately suspend supplies if: invoices remain unpaid; credit limit is exceeded; insolvency proceedings commence; cheque dishonours occur; the buyer violates Company policy; or the Company apprehends financial risk.  

24. Right of Set-Off - The Company may adjust any amount payable to the buyer against any outstanding dues payable by the buyer.

25. Termination - The Company may terminate any dealership, distributorship or commercial relationship without liability in case of: breach of contract; non-payment; insolvency; fraudulent conduct; violation of Company policies; misuse of trademarks; or acts prejudicial to the Company's reputation. Termination shall not affect the Company's right to recover outstanding dues.

26. Waiver - Failure or delay by the Company in exercising any right shall not constitute a waiver of such right.

27. Severability - If any provision of these Terms is declared invalid or unenforceable, the remaining provisions shall continue to remain valid and enforceable.

28. Amendment - The Company reserves the right to amend these Terms & Conditions from time to time. The revised Terms shall become effective upon publication or communication to the buyer and shall apply to all subsequent transactions.

29. Governing Law and Jurisdiction - These Terms & Conditions shall be governed by the laws of India. All disputes shall be subject to the exclusive jurisdiction of the competent courts having jurisdiction at Karnal (Haryana)