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INTRODUCTION
This Product Listing, Marketplace, Sourcing &
Buying
Agency Policy (“Policy”) governs all products,
services, content, communications, sourcing
activities, buying agency services, procurement
services, listings, advertisements,
transactions,
and interactions conducted through Ponte
Comercio
Private Limited (“Ponte”, “Company”, “Platform”,
“we”, “our”, or “us”).
By registering an account, listing products,
sourcing
products, purchasing products, using Ponte
services,
or conducting transactions through the Platform,
all
users agree to be legally bound by this Policy.
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BUSINESS MODELS OF PONTE
Ponte may operate under either or both of the
following models:
- Marketplace Services
Ponte may act solely as a technology
platform
facilitating communication and
transactions
between independent buyers and
independent
sellers.
In such transactions:
- Ponte is not the manufacturer.
- Ponte is not the supplier.
- Ponte is not the exporter.
- Ponte is not the importer.
- Ponte is not the owner of the
products.
- Ponte is not a contracting party
between
buyers and sellers.
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Buying Agency / Sourcing Services
In certain transactions, Ponte may act as:
- Buying Agent
- Sourcing Agent
- Procurement Agent
- Export Facilitator
- Supplier Identification Agent
- Quality Coordination Agent
- Inspection Coordination Agent
- Logistics Coordination Agent
- Commercial Intermediary
Even when Ponte receives commissions,
sourcing fees, procurement fees, service
charges, success fees, facilitation
fees, or
agency fees, Ponte shall not be deemed
the
manufacturer of the products and shall
not
assume product liability unless
expressly
agreed in writing.
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SOLE RESPONSIBILITY OF SELLERS AND
SUPPLIERS
Each Seller, Manufacturer, Exporter, Supplier, or
Vendor represents and warrants that they are
solely
responsible for:
- Product quality
- Product safety
- Product performance
- Product design
- Product specifications
- Product claims
- Product warranties
- Product certifications
- Product testing
- Product packaging
- Product labeling
- Product compliance
- Product legality
- Product authenticity
- Product intellectual property rights
- Product export compliance
- Product import compliance
The Seller shall bear sole legal responsibility
for
all consequences arising from listed products.
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PRODUCT LISTING RESPONSIBILITY
All product listings are submitted solely by the
Seller.
The Seller warrants that:
- All information is accurate.
- All images are genuine.
- All specifications are correct.
- All certifications are valid.
- All representations are truthful.
- All products are legally offered for sale.
The Seller remains solely liable for all content
uploaded to the Platform.
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INTELLECTUAL PROPERTY
COMPLIANCE
The Seller represents and warrants that:
- It owns or is authorized to use all content.
- The products do not infringe patents.
- The products do not infringe trademarks.
- The products do not infringe copyrights.
- The products do not infringe design rights.
- The products do not infringe trade secrets.
The Seller shall indemnify Ponte against any
intellectual property claim.
Ponte does not independently verify intellectual
property ownership and assumes no liability for
infringement committed by users.
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PROHIBITED PRODUCTS
The following products are prohibited:
- Counterfeit products
- Replica products
- Stolen products
- Fraudulent products
- Products violating intellectual property
rights
- Illegal products
- Restricted products without authorization
- Products prohibited by applicable laws
- False certification products
- Misrepresented products
Ponte reserves the right to remove such products
without notice.
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BUYING AGENCY DISCLAIMER
Where Ponte acts as a buying agent, sourcing agent,
procurement agent, or commercial facilitator:
- Ponte does not manufacture products.
- Ponte does not guarantee product quality.
- Ponte does not guarantee product
performance.
- Ponte does not guarantee product compliance.
- Ponte does not guarantee supplier solvency.
- Ponte does not guarantee supplier honesty.
- Ponte does not guarantee shipment
completion.
- Ponte does not guarantee regulatory
approval.
Any inspection, review, quality check, supplier
audit, sample evaluation, recommendation, or
factory
assessment conducted by Ponte is performed
solely
for commercial convenience and shall not
constitute
a warranty, certification, guarantee,
endorsement,
or representation.
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INSPECTION DISCLAIMER
Any inspection arranged or performed by Ponte shall
be
limited in scope.
Inspection services do not guarantee:
- Product quality
- Product compliance
- Product safety
- Product fitness
- Product durability
- Product legality
Buyers remain responsible for conducting their
own
due diligence.
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SUPPLIER VERIFICATION
DISCLAIMER
Ponte may review:
- Company registration documents
- GST registrations
- IEC registrations
- Business licenses
- Factory details
- Identity documents
Such review shall not constitute:
- Certification
- Endorsement
- Guarantee
- Warranty
- Legal verification
- Financial verification
- Compliance verification
Users remain responsible for their own due
diligence.
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NO DUTY TO MONITOR
Ponte has no obligation to:
- Monitor listings
- Verify products
- Verify certifications
- Verify ownership
- Verify intellectual property rights
- Verify compliance
- Verify product safety
Any review performed by Ponte is discretionary
and
does not create legal responsibility.
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INDEMNIFICATION
The Seller, Supplier, Manufacturer, Exporter,
Buyer,
and any other user shall jointly and severally
defend, indemnify, and hold harmless Ponte
Comercio
Private Limited, its shareholders, directors,
officers, employees, affiliates, agents,
contractors, successors, and assigns from and
against all:
- Claims
- Lawsuits
- Investigations
- Penalties
- Fines
- Judgments
- Settlements
- Damages
- Losses
- Costs
- Expenses
- Legal fees
arising from:
- Product defects
- Product recalls
- Product safety issues
- Product liability claims
- Intellectual property infringement
- Regulatory violations
- Customs violations
- False advertising
- Misrepresentation
- User misconduct
- Breach of this Policy
This indemnification obligation shall survive
indefinitely.
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DISCLAIMER OF WARRANTIES
All services provided by Ponte are offered on an
“AS
IS” and “AS AVAILABLE” basis.
Ponte expressly disclaims all warranties,
including:
- Merchantability
- Fitness for purpose
- Non-infringement
- Accuracy
- Reliability
- Availability
- Performance
- Compliance
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LIMITATION OF LIABILITY
To the fullest extent permitted by law:
Ponte shall not be liable for:
- Product defects
- Product recalls
- Product failures
- Product safety issues
- Product compliance issues
- Intellectual property disputes
- Customs seizures
- Import restrictions
- Export restrictions
- Supplier fraud
- Buyer fraud
- Delayed shipments
- Lost shipments
- Non-delivery
- Commercial losses
- Lost profits
- Loss of business
- Indirect damages
- Consequential damages
- Special damages
- Punitive damages
- In no event shall Ponte’s aggregate
liability
exceed:
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(a) INR 10,000; or
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(b) the amount of fees actually
received
by Ponte from the specific
transaction
giving rise to the claim, whichever
is
lower.
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NO AGENCY OR PARTNERSHIP
Except where Ponte expressly agrees in writing to
act
as a buying or sourcing agent, nothing in this
Policy creates:
- Partnership
- Joint venture
- Employment relationship
- Distributor relationship
- Agency relationship
- Franchise relationship between Ponte and any
user.
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RIGHT TO REMOVE LISTINGS
Ponte may remove, suspend, restrict, reject,
investigate, edit, or terminate any listing or
account at its sole discretion without prior
notice.
Ponte shall not be liable for losses resulting
from
such action.
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GOVERNING LAW
This Policy shall be governed by and construed in
accordance with the laws of India.
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DISPUTE RESOLUTION
Any dispute arising from this Policy shall be
resolved through binding arbitration under the
Arbitration and Conciliation Act, 1996.
The seat and venue of arbitration shall be New
Delhi,
India.
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The proceedings shall be conducted in English.
The arbitral award shall be final and binding.
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SELLER AND USER ACKNOWLEDGEMENT
BY USING THE PLATFORM, LISTING PRODUCTS, SOURCING
PRODUCTS, PURCHASING PRODUCTS, OR ENGAGING PONTE
AS
A BUYING AGENT, THE USER ACKNOWLEDGES AND AGREES
THAT:
“I REMAIN SOLELY RESPONSIBLE FOR MY PRODUCTS,
CONTENT, REPRESENTATIONS, WARRANTIES, COMPLIANCE
OBLIGATIONS, INTELLECTUAL PROPERTY RIGHTS,
COMMERCIAL ACTIVITIES, AND LEGAL
RESPONSIBILITIES. I
AGREE TO DEFEND, INDEMNIFY, AND HOLD HARMLESS
PONTE
COMERCIO PRIVATE LIMITED FROM ANY CLAIM,
LIABILITY,
DAMAGE, PENALTY, COST, OR EXPENSE ARISING FROM
MY
PRODUCTS, SERVICES, TRANSACTIONS, OR CONDUCT.”