Sale Purchase Agreement: K.D.R Lisa Global Need Traders Co. Private & Confidential

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Date: April 15 2022

Reference:
(DRAFT COPY )
Sale Purchase
Agreement

This contract for the sale of copper goods is entered into as of 25/03/2022, by and
between SALLER G.P. TRADERS Having office Bhagwati Enclave : A-1 Block 582,Meditrina
hospita Adityapur - 831013. ( GSTIN : 18BDRPA2869Q1ZO And BUYER
M.S Enterprises having office 129/1st floor Ashok industry Bhandup west mumbai
Maharashtra-400078.(GSTIN 27AKRPK7743H1ZI) The Contract is on irrevocable
basis and can be revoked on written mutual consent on 21 working days’ written notice in
advance.

The parties agree as follows:

1. Sale of Goods: Pursuant to the terms and conditions of this Agreement, the Seller agrees
to transfer ownership and deliver possession to the Buyer, and the Buyer shall pay for and
accept from the Seller, the “Goods” listed at such prices as agreed by the Parties in this
Agreement.
Description of Goods: The Buyer is purchasing HCL Copper scrap materials Advance
Amount is through Rs.25/-lacs cheque no.-. and Rs.175- lacs – cheque no ---

2. Purchase Price: As consideration for the sale of the goods, on march 25, 2022, the
Buyer shall pay to the Seller the purchase price of INR 590per Kg including all tax. and
7500Mt.per month ×12 month .The transportation will be as per actual and on payable
basis at buyers 'obligation.

3. Quantity:
7500×12 month Tone

4. Terms & Conditions:

a) The minimum stock available shall be as per Buyer’s requirement as per clause 3.
Seller will also confirm that the subjected stock get available on time as required by
the Buyer. Buyer or his appointed representative will visit to see the available stock
and load it on the same day as per regular banking hours
b) Seller will provide the Loading Receipt, based on which Buyer will remit the 100 %
payment through RTGS in Seller’s account

Payment Terms: After execution of trail orders the Buyer will cheque INR 15 lac as security
to the seller. The security deposit will be adjusted in the final supply of the contract or at
the time of termination of the contract. The Buyer will make the 100 % RTGS in Seller’s
account immediately at Loading. Seller will provide the Loading Receipt

5. Conflict of Interest and Confidentiality Clause: Neither of the Buyer nor Seller will

K.D.R Lisa Global Need Traders Co. Private & Confidential


approach each other’s business associates directly or indirectly or through any mode of
communication. Doing this will be considered as breach of contract and may also
encourage to take require course of action permissible as per court of law by the party(s)
in concerned.

K.D.R Lisa Global Need Traders Co. Private & Confidential


6. Force Majeure: The Seller and the Buyer shall not be considered in default hereunder or
be liable for any failure to perform or delay in performing any provisions of this Agreement
in the customary manner to the extent that such failure or delay is caused by any reason
beyond its control, including any act of God. The Party whose performance has been
interrupted by such circumstances shall use every reasonable means to resume full
performance of this Agreement as promptly as possible

7. Representations:

Authority to Sign: Each party promises to the other party that it has the authority to enter
into this Contract and to perform all of its obligations under this Contract.
8. General:
Modification(s): To change anything in this Contract, the Client and the Business must
agree to the change in writing and sign a document showing their contract.
Signatures: The Client and the Business must sign the document physically in hardcopy. If
this document is signed in hard copy, it must be returned to the Business for valid record.
Electronic signatures do not count as originals for all purposes

9. Term and Termination: The Contract is valid for the supply of 25000 mt from the effective
date after mutually agreed with signature by the Seller and the Buyers. The contract is on
irrevocable basis. The contract can be terminated:
9.1: Incase of written inability of supply of goods as per contract by the Seller
9.2: Breach of contract as per clause 6 or any other reason
9.3: 15 days written consent in advance by both the parties

10. At time of SPA document registration and mortgage of six security flats ( for deposit amount 2cr)

11. The above amount 2cr will adjusted in the billing.

12. Justice In mumbai if all Legal matters for company in mumbai

Neither of the Buyer or Seller will approach or communicate to each other’s business associate
directly or indirectly or through any mode of communication for 3 month of Completion or
Termination of the Contract.

K.D.R Lisa Global Need Traders Co. Private & Confidential


The Parties hereto agree to the foregoing as evidenced by their signatures below.
Date: march 23/03/2022 Date: march 23 , 2022
BuyerM.S enterprises Seller: G.P. TRADERA Need Representative:Kwal
Kirshan kant Parjapati. Representative: Mr
Designation:Proprietor Designation: CEO
Signature: Signature:

K.D.R Lisa Global Need Traders Co. Private & Confidential


Enclosures:
Details Buyer’s Details Seller’s Details
Name (As per K.D.R Lisa Global Need
Certificate of
Incorporation) Traders
Address 32/38 near guptabhawan
iron market masjid bander
Mumbai 400009
Owner MR RAJ PANDIT
Aadhar No. 5698 0898 1120
GSTIN 27BTKPP3073N1Z0
Bank CANARA BANK
Account Name K.D.R LISA GLOBAL NEED
TRADERS
Account number 5606201000132
IFSC Code CNRB0005606
Branch IGATPURI NASHIK

K.D.R Lisa Global Need Traders Co. Private & Confidential

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