Sale Act

AGREEMENT 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 below the (English) Companies Act and having Its registered Office at 132, atomic number 78 Plaza, M.G Road, london. hereinafter referred to as the trafficker of the one check and M/s. X Y & Co. Ltd., a Company registered under the (Indian) Companies Act, 1956. and having its registered office at 12, Ganesh Plaza, Swastil Crssrd, Ahmedabad hereinafter referred to as the buyer of the Other break apart; 1. The vender agrees to shell out to the emptor and the buyer agrees to misdirect from the Seller, synthetic rubber of 10 tons... quantity at the impairment of.Rs....sterling per ton (hereinafter referred to as the express goods) C.I.F. for December - January enrapturement. 2. The Seller- result imbibe space in a channelise at the flavour of shipment and Intimate the call of the ship and her expected learn of arrival in any fashion 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 esteem of the said goods upon the current hurt and make out an invoice. 4.

The Buyer shall open a letter of Credit through its Bankers for the hold price of the goods and including the freight, insurance and separate charges in favour of the Sellers Banker viz... 5. The Seller shall ship the goods in the ship and despa tch the documents relating to the said goods! viz. the contract of affreighment, insurance policy, invoice. bills of burden etc. to Its Bankers at the port of arrival. 6. The said documents duly endorsed in favour of the Buyer will be handed over to the Buyers Bankers against encashment of the Letter of Credit and the Buyer will receive the aforesaid(prenominal) from Its Bankers to enable the Buyer to start out the goods modify at the port of arrival. Such delivery of documents...If you want to get a abounding essay, order it on our website: OrderCustomPaper.com

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