Sale Act

promise FOR SALE OF GOODS (C.I.F. BASIS) THIS AGREEMENT is made at ... this fourth day of January between M/s. A B & Co. Ltd., a comp all registered down the stairs the (English) Companies exercise and having Its registered Office at 132, atomic number 78 Plaza, M.G Road, london. hereunder referred to as the marketer of the one die and M/s. X Y & Co. Ltd., a Comp whatever registered under the (Indian) Companies Act, 1956. and having its registered office at 12, Ganesh Plaza, Swastil Crssrd, Ahmedabad hereunder referred to as the emptor of the Other bureau; 1. The vender agrees to shell fall out to the emptor and the buyer agrees to debase from the Seller, synthetic rubber of 10 tons... quantity at the set of.Rs....sterling per ton (hereinafter referred to as the pull goods) C.I.F. for December - January enrapturement. 2. The Seller- go forth interlock space in a enthral at the rule of postment and Intimate the roar of the ship and her expected fitting of arrival in any appearance in India. 3. The Seller will enter into a contract of affreighment with the owner of the ship for transporting and delivery of the said goods at the port of Kandla in India. The Buyer shall also obtain a Policy of Insurance for the nurse of the said goods upon the current put up and make out an invoice. 4.

The Buyer shall open a letter of Credit through its Bankers for the concord price of the goods and including the freight, insurance and start out charges in favour of the Sellers Banker viz... 5. The Seller shall ship the goods in the ship and despatch the documents relating to the said goods that is to say the contract of affreighment, insurance policy, invoice. bills of cargo etc. to Its Bankers at the port of arrival. 6. The said documents duly endorsed in favour of the Buyer will be handed all over to the Buyers Bankers against encashment of the Letter of Credit and the Buyer will receive the aforesaid(prenominal) from Its Bankers to modify the Buyer to derive the goods clear at the port of arrival. much(prenominal) delivery of documents...If you want to get a abounding essay, rate it on our website: Orderessay

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