Parties
These Terms & Conditions ("Terms") govern all business transactions between Vijay Traders ("the Company", "we", "us") — operating from Plot No. 69, Survey No. 194/196, Vishal Nagar, Madhav Estate, Odhav Ring Road, Ahmedabad, Gujarat — and any buyer, seller, vendor, or counterparty ("the Client") engaging with us for scrap procurement, metal supply, plant liquidation, government tender participation, or washer manufacturing.
By engaging in any transaction or business communication with Vijay Traders, the Client agrees to these Terms.
Pricing
All prices quoted by Vijay Traders are based on prevailing market rates at the time of quotation, referenced against LME (London Metal Exchange) and MCX benchmarks where applicable. Prices are subject to change without prior notice until confirmed in a written purchase order or sale agreement signed by an authorised representative of both parties.
- Verbal price indications are not binding
- Written quotations are valid for the period stated on the quotation, or 24 hours if no period is stated
- Final prices are determined after weighment at our Odhav processing yard or at an agreed weighing location
Weighment & Material Measurement
All transactions are settled on the basis of weight as measured on calibrated weighbridges at Vijay Traders' processing yard or at a mutually agreed certified weighing facility. The weighed quantity is final and binding unless a written dispute is raised within 24 hours of the weighment certificate being issued.
- Weight certificates are issued for every consignment
- Deductions may apply for moisture, non-metallic attachments, or contaminants as assessed at the time of weighment
- Any dispute over weight or deductions must be raised in writing within 24 hours
Material Quality & Grading
All scrap material procured or supplied by Vijay Traders is graded in accordance with standard industry classifications. We do not warrant any specific chemical composition unless an XRF or laboratory analysis is explicitly agreed and stated in the purchase order.
For washer manufacturing, material specifications and dimensional tolerances are as per DIN 125 / IS 2016 standards or as stated in the customer's drawing or purchase order. Vijay Traders is not liable for dimensional variations within accepted tolerance limits of the applicable standard.
Payment Terms
Payment terms are agreed between Vijay Traders and the Client on a transaction-by-transaction basis and confirmed in the purchase order or sale agreement. Unless otherwise agreed in writing:
- For scrap procurement from vendors: payment is made on the day of weighment, by cash or UPI transfer
- For bulk supply to foundries and smelters: payment terms are as per the confirmed purchase order
- For washer manufacturing orders: advance payment may be required before production commences on new accounts
- Late payments may attract interest at the rate applicable under the MSME Delayed Payment Act or as mutually agreed
Title & Risk
Title to and risk in all material passes from the seller to the buyer upon completion of weighment and full payment settlement, unless otherwise agreed in writing. Vijay Traders is not responsible for material after it has left our processing yard under a completed and paid transaction.
Plant Liquidation & Factory Clearance
For plant liquidation or factory clearance engagements, the following terms apply in addition to the above:
- Site assessments are conducted at no charge and without obligation on either party
- Bids submitted by Vijay Traders are valid for the period stated in the bid letter
- Access to the site for clearance must be provided by the Client upon agreement confirmation
- The Client is responsible for ensuring that Vijay Traders has legal authority to remove material from the site
- Any hazardous or restricted materials (asbestos, radioactive material, chemicals) must be disclosed prior to engagement. Vijay Traders reserves the right to withdraw from any engagement where undisclosed hazardous material is found
Government & Institutional Tenders
Where Vijay Traders participates in or executes government or institutional scrap disposal tenders, the specific terms of the tender document issued by the procuring authority shall govern the transaction. These Terms & Conditions apply to the extent they are not inconsistent with the tender terms.
Cancellation
Once a purchase order or sale agreement is confirmed in writing by both parties, cancellation is subject to the following:
- Cancellations must be communicated in writing to contact@vijayscrapsolutions.com
- Vijay Traders reserves the right to recover reasonable costs incurred prior to cancellation
- For washer manufacturing orders, cancellation after production has commenced will attract a charge for material and work completed
Force Majeure
Neither party shall be liable for any delay or failure to perform obligations under an agreement due to circumstances beyond their reasonable control, including but not limited to natural disasters, government restrictions, strikes, transportation disruptions, or significant market disruptions affecting scrap metal supply.
Limitation of Liability
Vijay Traders' liability to any Client in connection with any transaction shall not exceed the value of that specific transaction. We are not liable for any indirect, consequential, or special losses arising from any transaction or business relationship.
Dispute Resolution
Any dispute arising out of or in connection with a transaction shall first be attempted to be resolved through direct negotiation between the parties. If not resolved within 30 days, the dispute shall be referred to arbitration in Ahmedabad under the Arbitration and Conciliation Act, 1996. The language of arbitration shall be English or Gujarati. The decision of the arbitrator shall be final and binding.
Governing Law
These Terms & Conditions are governed by the laws of India. Any legal proceedings shall be subject to the exclusive jurisdiction of the courts of Ahmedabad, Gujarat.
Amendments
Vijay Traders reserves the right to update these Terms & Conditions at any time. The version in force at the time of a transaction is the version applicable to that transaction. Updated terms are published on this website.
Contact
For any questions regarding these terms or to discuss specific transaction conditions, contact us at contact@vijayscrapsolutions.com or call +91 81283 91532.