Sales Contract between DealsGokart and Buyer

This sales contract (“Agreement”) is entered into on [Date] by and between:
  • Seller: DealsGokart, a Bangalore-based B2B distribution company, headquartered at [Company Address], hereinafter referred to as "Seller."
  • Buyer: [Buyer Name], [Company Address], hereinafter referred to as "Buyer."

1. Terms and Conditions

Clause

Description

1.1. Goods

Seller agrees to sell and Buyer agrees to purchase surplus branded clothing for men and women, as specified in the order, for the price agreed upon by both parties.

1.2. Price

The price of the goods shall be as specified in the purchase order or agreement between the Seller and Buyer.

1.3. Payment
Terms

Payment must be made within [number of days] from the date of the invoice. Payment methods accepted: [list payment methods]. Late payments will incur a [percentage]% interest rate per [number] days.

1.4. Delivery

Delivery of the goods will be made within [number of days] after the order is placed, subject to stock availability. The Buyer is responsible for shipping charges unless otherwise agreed.

1.5. Transfer of Ownership

Ownership of the goods transfers to the Buyer upon full payment.

1.6. Inspection of Goods

Buyer must inspect the goods upon delivery and report any defects or non-conformities within [number] days. Failure to do so will result in the assumption that the goods were accepted as delivered.

1.7. Warranty

Seller warrants that the goods are free from material defects at the time of delivery. No other warranties, express or implied, are provided unless specifically agreed in writing.

1.8. Risk of Loss

Risk of loss or damage to the goods passes to the Buyer upon delivery. Any claims for damages or missing items must be made within [number] days of delivery.

1.9. Force Majeure

Neither party shall be liable for failure to fulfill its obligations under this Agreement due to circumstances beyond its reasonable control, such as natural disasters, strikes, or governmental actions.

2. Dispute Resolution

Clause

Description

2.1. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of India.

2.2. Jurisdiction

Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of Bangalore.

2.3. Arbitration

In the event of a dispute, the parties agree to first attempt to resolve the matter through mediation. If mediation fails, the dispute shall be settled by arbitration in accordance with the Arbitration and Conciliation Act, 1996.

3. Confidentiality

Clause

Description

3.1. Confidential Information

Both parties agree to keep all information exchanged during the term of this Agreement confidential, unless such information is public or required by law.

4. Miscellaneous

Clause

Description

4.1. Amendments

Any amendments to this Agreement must be made in writing and signed by both parties.

4.2. Entire Agreement

This Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations, understandings, and agreements.

Signatures

  • Seller: [DealsGokart Representative Name]
  • Buyer: [Buyer Representative Name]
  • Date: [Date]