Terms and Conditions
Mandate Description
The Mandate pertains to the arrangement and conduct of an online auction the Auction for the sale of Description of Auctioned Items, as detailed in the attached exhibit Number.
Mandate Scope
Listing and description of auctioned items, Promotion and marketing of the Auction, Bidding platform setup and management , Conducting the Auction in accordance with applicable laws and regulations , Handling bids, bids increments, and winning bid determination , Notifying the winning bidder(s) , Collection of payments and provision of payment to the Client, Transfer of ownership/title to winning bidder(s), Reporting and record-keeping
Bidding Process
Participants must place bids in accordance with the bidding rules and increments established by the Company. The highest bid at the end of the auction, subject to any reserve price set by the Company, shall be considered the winning bid.
Client's Obligations
Provide accurate information about the auctioned items , Provide necessary documentation for ownership/title transfer , Cooperate with Auctioneer in promotional efforts ,Honor the highest bid as the winning bid.
Fees and Compensation
The Client agrees to pay the Auctioner a commission or fee as specified in Exhibit exhibit number for successful auctions. Additional charges may apply for marketing, setup, or other services as agreed upon.
Price Range and Payment Terms
The prices for our products and services range from ₹500 to ₹50,000, depending on the selected options and customizations. All prices are listed in Indian Rupees (INR) and are exclusive of applicable Goods and Services Tax (GST) and shipping fees, which will be calculated at checkout. Prices are subject to change without prior notice, but such changes will not affect orders that have already been confirmed. Promotional offers and discounts may temporarily alter the price range. Payment must be made in full at the time of purchase, and refunds will be processed based on the original purchase price. For more details, please refer to our refund policy.
Confidentiality
Both parties agree to keep confidential any proprietary, financial, or sensitive information obtained during the Mandate.
Indemnity
The Client shall indemnify and hold the Auctioneer harmless from any claims, damages, or liabilities arising from the Auction or any misrepresentation of the auctioned items.
Termination
Either party may terminate the Mandate by providing written notice number of days days in advance. Termination does not affect accrued rights and obligations.
Governing Law and Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of india. Any disputes shall be subject to the exclusive jurisdiction of the courts of india.
Entire Agreement
This Agreement constitutes the entire understanding between the parties and supersedes all prior negotiations, agreements, or understandings, whether oral or written. By accepting this Agreement, you acknowledge that you have read, understood, and agreed to the Terms & Conditions herein.
Contact Us
If you have any questions or concerns about our privacy policy, please contact us at support@youkta.com.