Terms and Conditions

Terms & Conditions

User Agreement


 

 

1. Defined Terms

Unless repugnant to the subject or context, the words appearing herein below shall have the meanings as set forth below:

  • "Agreement" shall mean and include the User completed application form, its attachment(s) and the terms and conditions stated herein and includes the documents incorporated by reference including the Disclaimer, Warning against Fraud, Contract Form/Bill terms and conditions and such other documents that Hindustan Markets may in its absolute discretion add to the Site from time to time. It shall deem to have been executed at Bangalore.
  • Payments All the cheques should be issued  on behalf of HINDUSTAN MARKETS or online payment will be through www.hindustanmarkets.com portal only. The management is not liable for payment made to individuals, firm or any other portal other than www.hindustanmarkets.com
  • "Banner" means a service offered to a User wherein a graphic image is placed on the Site and used to advertise the product(s) and/or service(s) of the User and this graphic image is linked to the User's own website.
  • "Credit Report" is a paid service provided to a User to obtain information about another company or legal entity, including detailed analytical information about profitability, past and present trading analysis and ownership essentially with a view to analyze their credit rating and stability.
  • "Date of Commencement" is the date indicating the acceptance of the application by the User to the Service. It shall be specified by the Company in its notice to the User either through e-mail or conventional mail.
  • "Date of Termination" is the date when the User's subscription comes to an end and/or the date mentioned in a letter of termination issued by the Company.
  • "On-line Catalogue" is a platform wherein a User can showcase its/his products or services on-line by posting on the Site the photographs and ordering information of such product and/or service.
  • "Party" or "Partie(s)" means the User and/or the Company in reference to the context.
  • "Registration Data" is the database of all the particulars and information supplied by the User on initial application and subscription, including but not limited to the User's name, telephone number, mailing address, account and email address.
  • "Services" means the Services provided by the Company to the User of the Site and includes the following facilities:
    • Services to the User wishing to post his contact details in the Exporters Yellow Pages and/or other such directory services published in print or in other media by the Company;
    • Services to the User who wishes to advertise and gain exposure for their business through On-line Catalogs, Website Hosting, Trade Leads, Trade Lead Ratings and/or Banners through Hindustanmarkets.com;
    • Services to the User who wishes to insert advertisements at Hindustanmarkets.com;
    • Services to the User who wishes to credit and financial information to entrepreneurs and/or obtains a credibility or trustworthiness of a User Company including through a Credit Report or a Trust Stamp;
    • Services to the User who wishes to obtain ready to use global tender information of all major global and Indian tenders;
    • Such other or further services that may be provided by the Company and/or hindustanmarkets.com from time to time.
  • "Site" means hindustanmarkets.com and includes any link which opens with the site.
  • "Tenders" is a service provided by the Company whereby the User can access a database that contains the latest information on tenders floated by government and private organizations all over the globe.
  • "Trade Leads" is a service provided to a User wherein a User posts information about a particular product and/or service that he wishes to procure or sell on the Site.
  • "Trust Stamp" is a paid service offered to a User wherein the User permits the Company to undertake verification of its credibility, reliability and trustworthiness in the market.
  • "Hindustan Markets E-seller" is a subscription facility for individual client(s), using which listed suppliers will be able to sell their products to prospective buyers online. Any transaction entered into, using this facility, is the prerogative of the buyer(s) & seller(s) involved in the transaction. Hindustanmarkets.com, its employees and its associates are in no way party to the transaction(s) and are therefore not liable for any product quality or payment involvement in this/these transaction(s). Similarly, all displayed products are that of the supplier(s) & Hindustan Markets does not play any role in the production/ quality-analysis of these commodities.
  • "User" is defined as an individual or corporate member/subscriber of the Site who makes use of the Services provided by the Site, whether or not for any payment. The term 'User' includes the User's successors and authorized officials of the User's business who have permission to use the Services on the Site on behalf of the User; Users that obtain a trial membership to use the Site and User's that log in as a 'guest' to use the Site. Each User is given a unique User ID by the Site.
  • "Web Hosting" is a service provided to a User wherein the Site provides storage, connectivity and related services necessary to host the website of the User's business.

2. Interpretation Number, Gender and Headings

  • The terms and conditions herein shall apply equally to both the singular and plural form of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter form. The words "include", "includes" and "including" shall be deemed to be followed by the phrase "without limitation". Unless the context otherwise requires, the terms "herein", "hereof", "hereto", "hereunder" and words of similar import refer to this Agreement as a whole.
  • Words referring to masculine include the feminine and the singular include the plural and vice versa as the context admits or requires; and words importing person(s) includes individuals, bodies corporate and unincorporated.
  • The headings and subheadings herein are included for convenience and identification only and are not intended to describe, interpret, define or limit the scope, extent or intent of this Agreement, the terms and conditions, notices, or the right of use of the Site by the User or any provision hereof in any manner whatsoever.

3. Agreement between User and Company

  • The Site is operated by Hindustan Markets Network Limited and its affiliates/ associates. The Services are offered to the User conditioned on the acceptance without modification of the terms, conditions, and notices contained herein. Use of the Site by a User constitutes agreement to all such terms, conditions, and notices. If the User does not agree with any part of the following terms, conditions and notices, it/they must not use the Services.
  • User authorises company to contact them periodically using mediums like telephone, e-mail, mailers or any other means, direct or indirect, in regard to their account information, special offers, surveys etc.
  • These terms and conditions constitute the entire agreement between the Parties with respect to the subject matter hereof and supersede and replace all prior or contemporaneous understandings or agreements, written or oral, regarding such subject matter. Any waiver of any provision of these Terms and Conditions will be effective only if in writing and signed by Company.

4. Modification of these Terms of Use

The Company reserves the right to change the terms, conditions, and notices under which the services are offered, including but not limited to the changes associated with the User of the Services. The User is responsible for regularly reviewing these terms and conditions. Company has endeavoured to ensure that all the information on the Company is correct, but Company neither warrants nor makes any representations regarding the accuracy or completeness of any data or information contained. Company disclaims any liability, responsibility or any other claim, whatsoever, in respect of any loss, whether direct or consequential, to any User or any other person, arising out of or in connection with the use of the information contained on the Site.

 

5. User Amendments

The User is advised to regularly check for any amendments or updates to the terms and conditions contained in this Agreement.

 

6. Membership Eligibility

The use of the Site is available only to persons who can form legally binding contracts under applicable law. Persons who are "incompetent to contract" within the meaning of the Indian Contract Act, 1872 including minors, un-discharged insolvents etc. are not eligible to use the Site. A minor i.e. under the age of 18 years, cannot register as a member of the Site. The Company reserves the right to terminate the User membership and may refuse to provide the User with access to the Site if Company discovers that the User is under the age of 18 years. The Site is not available to persons whose membership has been suspended or terminated by Company. If the User is registering as a business entity, the User hereby represents and warrants that the User has the authority to bind the entity to this Agreement.

 

7. Electronic Communications

The User hereby consents to receive communications from the Company electronically. The Company may communicate with the User by email or by posting notices on the Site. The User agrees that all agreements, notices, disclosures and other communications that the Company provides to the User electronically satisfy any legal requirement that such communications is in writing.

 

8. Platform for Communication

The Site is also a venue where Users may interact with one another for their transactions. Company is not and cannot be a Party to or control in any manner any transaction between two Users of the Site. Consequently:

  • Company is not responsible for any non-performance or breach of any contract entered into between Users. Company cannot and does not guarantee that the concerned Users will perform any transaction concluded on the Site. Company shall not and is not required to mediate or resolve any dispute or disagreement between Users.
  • Company does not make any representation or Warranty as to the attributes such as for quality, worth, marketability, etc. of the items or Services proposed to be sold or purchased by the Users of the Site. Company accepts no liability for any errors or omissions, whether on its behalf or on behalf of third parties, in this regard.
  • Company does not make any representation or warranty as to the attributes to legal title, creditworthiness, identity, etc. of any of its Users except to the extent that a Trust Stamp and/or Credit Report obtained. The User is advised to independently verify the bona fides of any particular User that it chooses to deal with on the Site
  • The Site is also a channel of communication whereby the Users can reach a large base of persons in the global exim market. The Company is only providing a platform for communication and it is agreed that the contract for sale of any of the products or services shall be a strictly bipartite contract between the seller and the buyer, respectively. At no time shall the Company have any obligations or liabilities in respect of any such contract. The Company is not responsible for unsatisfactory or delayed performance of any services and/or delayed delivery of goods or damages or delays as a result of items which are out of stock, back ordered or otherwise unavailable to any User.
  • The User independently agrees upon the manner and terms and conditions of delivery, payment, insurance etc. with the other registered Users or third parties that it may interact with on the Site.
  • Company records IP address of the user sending inquiry on hindustanmarkets.comand display it for the user receiving the inquiry. Site user hereby permits company to record the same & display it as required.
  • Notwithstanding its reasonable efforts in that behalf, Company cannot control the information provided by other Users which is made available on the Site. The User may find other User's information to be offensive, harmful, inaccurate, or deceptive. Please use caution, common sense, and practice safe trading when using the Site. Please note that there are also risks of dealing with foreign nationals, underage persons or people acting under false pretenses.

 

9. Trade Lead Ratings

The Company encourages Users to 'rate' the companies they do business with on this e-marketplace. Trade lead Ratings are based on actual responses (positive or negative) that Users receive while transacting with various parties. Buyers rate sellers on service and product quality. In turn, sellers rate buyers based on ease of transaction, timely payments etc. The following points should be considered when rating a Trade lead.

  • Do NOT abuse the Trade lead Rating system. Abuse of the Trade lead Rating system includes using the user id of another User or the Users own secondary user ids to raise the Users own Trade lead rating or lower the rating of another Trade lead member; or the use of threatening, abusive, racially vilifying, discriminatory or profane language. If the User's language is in any way offensive, the offended User can file legal proceedings against the User and shall be held liable for the comment.
  • The Company reserves the right to delete any rating without prior notice and/or at its sole discretion upon an investigation into the rating. The ratings system promotes freedom of expression on Company, however the Company encourage Users to rate other Users singularly based on their experiences while transacting business. The Company removes Users feedback only in exceptional circumstances.
  • The Company reserves the right to suspend and reactivate any user id depending on negative or positive ratings of the particular User. Company may also caution Users transacting with buyers/sellers who have been suspended. Once a User is suspended, all live Trade leads of that User will be closed and Trade leads that are loaded shall be deleted as well.
  • If the User feels that an unfair rating has been received or there is any evidence of any abuse of the rating system, please contact the Company.

The Company shall not be held liable under any circumstances for the information and/or content of a Trade lead Rating.

 

10. Breach

Without limiting other remedies, Company may limit the Users' activity, immediately remove or end the Users listing, warn other Users and immediately temporarily/indefinitely suspend or terminate the Users membership, and/or refuse to provide the User with access to the Site:

  • If the User is in breach of the User Agreement or the documents it incorporates by reference;
  • If Company is unable to verify or authenticate any information the User provides; or
  • If it is believed that the User actions may cause legal liability for the User, other Users or the Company.
  • If a User puts any material into the Sitesystems which contains any viruses, Trojan horses, worms, time bombs or other computer programming routines that may damage, interfere with, surreptitiously intercept or expropriate any system, data or personal information.

Company may at any time at its sole discretion reinstate suspended Users. A User that has been indefinitely suspended may not register or attempt to register with Company or use the Site in any manner whatsoever until such time that such User is reinstated by Company. Notwithstanding the foregoing, if the User breaches the Agreement or the documents it incorporates by reference, Company reserves the right to recover any amounts due and owing by the User to Company and to take strict legal action including but not limited to an initiating criminal proceedings against the User in this regard.

 

11. Trust Stamp

The Companyuses several tools and techniques to verify the accuracy of the given information by its Users when they register on the Site. However as verification of Users on Internet is difficult, Company cannot confirm each User's identity. For the comfort of Users Company offers the Trust Stamp tool which provides Users with more authentic information about the listed company (wherever applicable). We encourage Users to use Trust Stamp tool available on the Site, as well as business sense, to evaluate with whom the User is dealing. In no event shall the Company be liable for any direct, indirect, incidental, punitive, or consequential damages of any kind whatsoever with respect to the offered tool and/or the contents thereof. The Company hereby specifically disclaims any liability on account of a User's reliance upon any content.

 

12. Privacy

The Company does not sell or rent the Users personal information to third parties for their marketing purposes without the Users explicit consent. The Company stores and processes User information on computers that are protected by physical as well as technological security devices. If the User objects to any of this please do not use the Site.

 

13. No Warranty

The Company provides the Site and Services "as is" and without any Warranty or condition, express, implied or statutory and specifically disclaims any implied warranties of title, merchantability, fitness for a particular purpose and non-infringement. The User expressly agrees that use of the Site is at its sole risk.

 

14. Confidentiality

  • All information and data submitted by the User shall become the property of the Company. However all such information shall be kept strictly confidential and the Company shall not release any such data and information to any third party without the prior consent of the User.
  • The User has access to only his own data and information stored in the database at the Company (subject to prior confirmation of identity) and nothing more. The User may edit or amend such data and information from time to time.
  • All confidential information (including name, e-mail address etc.) voluntarily revealed by the User in Member areas, is done at the sole discretion and risk of the User. If such information is collected by a third party and misused or results in unsolicited messages from such third parties, then such actions are beyond the use beyond the control and liability of Company and the Company accepts no responsibility or liability whatsoever for such actions.

15. Ownership of Intellectual Property

All copyright and/or know-how and/or any other intellectual property rights in relation to any of the Services of the Companyshall become and remain the sole and exclusive property of the Company and the User shall have no claim to the same. In the event the User has contributed to any content in any manner whatsoever on the Site, all intellectual property rights to the same shall become the absolute property of the Company, including all intellectual property rights therein and the User shall have no right or claim over the same. In the event that the User during the term of this Agreement or any time thereafter, uses such intellectual property in any other website or related activity, the same shall be considered as an infringement of the intellectual property rights of the Company and the Company shall have the right to take recourse to such legal remedial action as it is best advised at the risk and costs of the User.

 

16. Waiver and Severability

The failure of the Company to exercise or enforce any right or provision of this Agreement shall not constitute a waiver of such right or provision. If any provision of this Agreement is found to be invalid and/or determined to be invalid or unenforceable in (whole or in part) by a court of competent jurisdiction, the Parties agree that the Court shall endeavour to give effect to the Parties' intentions as reflected in the provision, and all the other provisions of this Agreement shall remain in full force and effect.

 

17. Limitation of Liability

  • In no event shall the Company be liable for any indirect, incidental, special, incidental, consequential or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses (even if the Company has been advised of the possibility of such damages) arising out of or in connection with the Site, its Services or this Agreement (however arising, including negligence).
  • Company's liability in any and all circumstances shall be limited to the lesser of the amount of fees and/or charges paid by the User or Rs. 1000/- (Indian Rupees One Thousand only).
  • The Company, its associates and technology partners make no representations or warranties about the accuracy, reliability, completeness, and/or timeliness of any content, information, software, text, graphics, links or communications provided on or through the use of the Site or that the operation of the Site will be error free and/or uninterrupted. The Company assumes no liability whatsoever for any monetary or other damage suffered by the User on account of:

o                                The delay, failure, interruption, or corruption of any data or other information transmitted in connection with use of the Site; and/or

o                                Any interruption or errors in the operation of the Site.

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18. Indemnity

The User hereby agrees to indemnify and hold the Company its subsidiaries, affiliates, officers, directors, agents, and employees, harmless from any claim or demand, including reasonable attorney's fees, made by any third party due to or arising out of the User's breach or violation of this Agreement or the documents it incorporates by reference, or violation of any law or of the rights of a third party and/or any dispute(s), claim(s), litigation or other civil or criminal proceeding between a User and another User/third party transacting on this Site or using the Services.

 

19. Notices

Except as explicitly stated otherwise, all notices to the Company shall be given by the User by postal mail Attn: Manager,  at Hindustan Markets  #702/56,3rd Cross, Asho Nagar, Katriguppa Main Road, Banashankari 1st Stage, Near Sri Rama TempleBangalore 560050 (in the case of the Company) or to the email address the User provide during the registration process (in case of the User). Notice shall be deemed given 24 hours after email is sent, unless the sending Party is notified that the email address is invalid. Alternatively, the Company may give the User notice by certified mail, postage prepaid and return receipt requested, to the address provided to us during the registration process. In such case, notice shall be deemed given 3 (three) days after the date of mailing.

 

20. Third Party Content, Sites and Services

  • The Site and Content available through the Service may contain features and functionalities that may link or provide the User with access to third party content which is completely independent of the Site, including web sites, directories, servers, networks, systems, information and databases, applications, software, programs, products or services, and the Internet as a whole.
  • User's interactions with organizations and/or individuals found on or through the Service, including payment and delivery of goods or services, and any other terms, conditions, warranties or representations associated with such dealings, are solely between the User and such organizations and/or individuals. The User should make whatever investigation necessary or appropriate before proceeding with any online transaction with any of these third parties.
  • The User agrees that the Company shall not be responsible or liable for any loss or damage of any sort incurred as the result of any such dealings. If there is a dispute between participants on this Site, or between Users and any third party, the User understands and agrees that the Company is under no obligation to become involved. In the event that the User has a dispute with one or more other Users, the User hereby releases the Company, its Directors, officers, employees, agents and successors in rights from claims, demands and damages (actual and consequential) of every kind or nature, known or unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way related to such disputes and/or the Service(s).

21. Relationship of the Parties

It is clarified that there is no agency or/and partnership or/and joint venture or/and employee-employer or/and franchiser-franchisee relationship between the Company and any User.

 

22. Prohibition against Unlawful Use

As a condition of use of the Service and the Site, the User warrants that it/they will not use the Site for any purpose that is unlawful or illegal under any law for the time being in force within or outside India or prohibited by these terms, conditions, and notices including both specific and implied. In addition the Site shall not be used in any manner, which could damage, disable, overburden, or impair it or interfere with any other party's use and/or enjoyment of the Site. The User shall refrain from obtaining or attempt to obtain any materials or information through any means not intentionally made available or provided for through the Site.

 

23. Termination of Service

The User hereby agrees that Company, in its sole discretion, has the right (but not the obligation) to delete or deactivate a User account, block its email or IP address from the Site, or otherwise terminate its access to or use of the Service (or any part thereof) and/or the Site immediately and without notice, and remove and discard any content within the Service/Site, for any reason, including, without limitation, if Company believes that the User has acted inconsistently with this Agreement. Further, the User agrees that Company shall not be liable to the User or any third-party for any termination of the Users access to the Service. The User agrees that it shall not attempt to use the Service after the Date of Termination.

 

24. Liabilities upon Termination

  • It the Agreement is terminated pursuant to Clause 23 set forth above, without prejudice to any other remedies available to the Company, the User shall be liable for payment of any balance fees or charges payable until the Date of Termination.
  • The amounts due and payable to the Company by the User upon termination shall be payable within 30 (thirty) days of the Date of Termination.

25. Suspension

  • If any monies payable by the User to the Company are not paid on the due date, the Company may without prejudice to any other rights or remedies that may be available to it, suspend the Service provided to the User.
  • When the Service subscribed for is suspended without remedy for more than 30 (thirty) days, the Company shall have the option to terminate the membership of the User and the consequences set forth in Clause 24 shall follow.
  • Upon subsequent payment by the User of such monies as demanded by the Company, the Company may at its discretion and subject to such terms as it deems proper, reconnect the Service.

26. Governing Law and Jurisdiction

  • This Agreement and any dispute or matter arising out of or in connection with and/or incidental to the use of the Site and/or the Services shall be governed by the laws of India without regard to its conflict of laws provisions.
  • The User and the Company hereby irrevocably submit to the sole and exclusive jurisdiction of the courts at Bangalore, India.

 

 

FRAUD WARNING

Nigeria, Togo, Ghana, Benin, South Africa, Sierra Leone and Senegal

  • All traders are advised to be very careful while doing business with individuals or companies from the above mentioned countries and similar areas of the world.
  • You are advised to not send any advance money/ legal fee or products unless there is cash in your account or an irrevocable letter of credit from the buyer, duly authorised by his bank.
  • You are advised not to transact business with these countries, unless full payment is made to you before shipping of the products.

 

 

 

 

  • CREDIT CARD SCAMS - When you receive any online Order paid by Credit Card, it is recommended that you ask for a written Credit Card Authorisation to be faxed to you. Then you must get the validity of the Credit Card checked with your Bank or contact VISA, Master Card or American Express directly. Unless the validity of the Credit Card is confirmed, don't ship any goods.
  • BANK DRAFT SCAMS - There have been cases of people receiving Bank Drafts with unauthorised printing of Bank Names. Before shipping any product or advancing a partial cash advance, you must wait for the Bank to clear the Bank Draft/ Check. Companies have reported receiving fake Bank Drafts from countries like South Korea and African Countries. BE EXTRA CAUTIOUS while dealing with individuals or companies from Nigeria, Togo, Ghana, Benin, South Africa, Sierra Leone, Senegal etc...
  • Registration/License/Tender Fee SCAMS - Cases have been reported where an offer is sent to buy a large number of goods after the seller pays them a Registration/License/Tender Fee. They post Offers to BUY large quantity of Computers and other material. Once you submit your bid; you will be notified that your Tender has been accepted. You will then be asked to pay for Legal fees and Tender Fee. DO NOT PAY ANY FEE. Don't ship any Computers/ Other products unless you have the cash in your account confirmed by your bank.