Company Rules

  • We will purchase “POWER ANTIQUE MATERIAL”.
  • If the material is declared genuine, after packing the material in a proper kit all the expenses will be borne by the company. No issues
  • The agreement between you and the company shall be took place after declaring the material genuine.
  • The test regarding genuineness shall be done by after depositing the requisite Test Fee which is not refundable and not transferable
  • All the documents such as NOC shall be provided by the company.
  • Super tax shall be borne by the company. The client will get the same amount which will be fixed between the company and seller.
  • No black money shall be accepted as a consideration for an antique.
  • We will prefer 100% white payment. Though, some amount in cash as a token amount may be given on same day.

General terms and conditions

  • During the signing of the M.O.U the first party and the second party should attach their photos with identity proof and the address with signature.
  • Further payment clearances from govt. of India and RBI should be made in the name of the first party by second party and in the presence of the first party.
  • After signing their memorandum of understanding the second party shell procure security arrangement from the district collector to the material till the same is puts in the joint custody and ensure its implementation.
  • The second party shell help and maintain the first party and his recommend people financially from time to time. After the material is puts in joint custody the first word will be the final.
  • If the first party and any person from the co-seller account holders are abducted/threatened/harassed/ and cheques/promissory note. Documents are procured and money Id demanded through any person or forum the second party shall make necessary arrangement to defend them and shell bear the entire expenses. The second party shell provided the adequate security to the first party, co-seller and account holder at their expenses.
  • The second party shell give RBI and other department clearances letter for the release of advance amount and the entire additional amount which they have agreed. This amount is liable to be withdrawn from the 2nd party account or from the account of the member of the board of director of 2nd party.
  • Guarantee certificate permitting to use without any restrictions the entire amount so released/handover shall be issued.
  • The second party shall provide guarantee certificate from government of India to guarantee the withdrawal and spending of this amount of the business for a period of fifteen years.
  • The second party shall not solicit the account holder/beneficiaries to give membership to them in their company. If any such in included his names will be removed by the first party and he will not be entitled to receive the benefits from the first party.
  • From the date execution of this M.O.U the first party and his associates /beneficiaries will be provided with full expenses for boarding and lodging medical, travel and for the department clearances by the second party.
  • The transaction should not be completed within 20 days by the second party and the amount already approved as the sale price shall be paid to the first party after complying the respective rules and their regulations of the government.
  • If the second party fails to fulfills or violates any of the condition and clauses in the M.O.U first party and their associates can move to the court for arbitration in accordance with arbitration cancellation act 1995 for the enforcement of the terms/ or for compensation of double amount of their submitting fees.
  • The direct meeting between the second party and second party co-ordinator with the first party shall be conducted in the presence of auditor or advocate or the first party recommended persons. All the decisions and document which are made with the mutual understanding in these meeting shall be acknowledge and the authenticated through those persons.
  • All the payment including department payment service charge. Income tax etc. shall be through the first party account by the second party only.
  • The first party shall sigh the necessary document even if the material is sold at higher price that agreed with him by the second party but only after their receiving the entire document due from the second party.