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