Scrap Sale Agreement Format India

3. The seller must enter into an agreement with the master of the ship for the transport and delivery of these goods in the Indian port. 2. The seller sends these goods through the designated vessel, whose shipping vessel and the date of its arrival at the shipping port in India are sent to the buyer. 5. It is the buyer`s responsibility to have, through his banker, a letter of credit covering the price of goods, freight insurance and other costs in favour of the seller`s banker. 12. In the event of disputes or disputes between the parties arising from or relating to this act of any kind, the same thing is referred to the arbitration of a common arbitrator if it is agreed, otherwise two arbitrators will be appointed by each of the parties to the arbitration. These arbitrators appoint a presiding arbitrator and the arbitration procedure is subject to the Arbitration Act and the Conciliation Act of 1996, or to an amendment to the 1996 Act. 1. The seller agrees to sell the buyer and the buyer agrees to purchase Seller___________ products (hereafter referred to as “goods in question”) at a price of Rs. The above document is served on the banker against the credited accused`s cashing, which, in turn, must provide the same to the buyer in order for him to deliver the goods to the Indian port.

The delivery of the documents constitutes the delivery of the goods and, from now on, the goods are made at the buyer`s risk. CET ACCORD that was concluded on the date of XYZ, a company incorporated under the Companies Act 1956 and headquartered in the company (hereafter referred to as a seller, the expression, unless it is contrary to the context or importance of that business, being considered an average value and including its successor and the beneficiary of the transfer) of the ONE PART and the PQR (name and description of the person or person (the following term referred to as the “name and description of the person or corporation” unless it is repugnant to the context or importance of the person, are considered important and include their successors and transfer beneficiaries) of the OTHER PARTY. CONSIDERING that the seller is a producer of ` (Details of activities) 4. It is the buyer`s responsibility to have insured the goods insured to the current physical condition under the applicable conditions and to establish an invoice.