Polymerupdate: Terms & Conditions
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   |   CIN : U72200MH2000PTC125470

Terms & Conditions

To ensure the smooth functioning of Polymerupdate.com, the registered buyers & sellers have to conform to a code of conduct and dealing, which will be binding upon your conduct on this website. This is intended to be a legally binding document, accordingly, please read the terms and conditions contained herein below carefully and accept the same prior to undertaking any transactions on this website. By clicking the box, "Yes, I agree to the terms defined in the User Agreement" in the registration application form, and by accessing or using the service thereafter, you accept the agreement and agree to be bound by each of its terms. As used herein, the term "Agreement" means this User Agreement, disclaimer, privacy policy, security policy, access terms and other terms, conditions and rules that may be published or displayed from time to time by Polymerupdate.com or at any other link designated in this User Agreement, including each amendment, alteration, modification, or supplementation of any and all of the foregoing. All of the foregoing is incorporated by reference here. The terms of such Agreement apply to your use of the Service (as defined below). YOU SHOULD READ THIS AGREEMENT EACH TIME YOU USE THE SERVICE.
  • "Polymerupdate as used in this Agreement includes Shalimar Infotech Pvt. Ltd, any of its group companies, affiliates and subsidiaries.
  • "Data" means a representation of information, knowledge, facts, concepts or instructions, which are being prepared or have been prepared in a formalized manner.
  • "Information" includes data, text, images, sound, codes, computer programmes, software and databases.
  • "Access" means gaining entry into, instructing or communicating with the logical, arithmetical, or memory function resources of a computer, computer system or computer network.
  • "Visitor" means and includes a person, entity including Corporate Bodies, Associations and its representatives, agents etc.
  • "Polymerupdate.com" is an electronic commerce web site. Informative materials collected and posted on this web site is on "as is" basis and is subject to further revision without any prior intimation or notice to any visitor(s) and is designed by Polymerupdate.com to provide a platform for trade, knowledge, information to the users mainly belonging to Plastic Processing Industry

In order to participate in Polymerupdate.com services, User must first register. Our services are available only to individuals who can form legally binding contracts under applicable laws. Registration is free. All information is kept strictly confidential.

Conduct of Authorized Users

User agrees to use Polymerupdate.com only for lawful purposes. User shall not post on or transmit through Polymerupdate.com any unlawful, defamatory, libelous, obscene, abusive, threatening, or racially, otherwise objectionable material of any kind, including, but not limited to, give rise to civil liability to otherwise violate any applicable law. User shall be solely responsible for ensuring that User's Account shall be used in conformity with all applicable laws and regulations

Role of Polymerupdate.com

Polymerupdate.com merely a facilitator and not involved in the actual transactions between Buyers and Sellers. Polymerupdate.com has no control over the quality, safety, or legality of the Product advertised, or the truth or accuracy of the listings. No warranty or representation, either express or implied on the use or fitness for a particular purpose or on the ability of Sellers to sell Product or the ability of Buyers to buy Product. Polymerupdate.com cannot confirm the identity of each Buyer and seller. There may be risks in dealing with others acting under false pretense. Appearance on Polymerupdate.com is not an indication of the credit worthiness or trustworthiness of Buyers or Sellers. Polymerupdate.com cannot and does not control whether or not Sellers will complete the sale of Product they offer or whether Buyers will complete the purchase of Product they have bid on.

Polymerupdate.com is service provided without any liability whatsoever. The site and its promoters and personnel make no Express or Implied warranties relating to the accuracy or adequacy of the materials or information contained herein or in any links. There are no express or implied Warranties of Merchantability or Fitness for a particular purpose or use.

From time to time, polymerupdate conducts free industry related promotions through the SMS, BBM and email route. On registering on the website, you confirm that you have agreed to receive these promotional alerts.

Polymerupdate.com offers the following main services on this site:

  • News Section
    • News Online
    • News directly into your Mailbox
    • News Archives
  • Price Section
    • International Prices
    • International Price Archives
    • Graphical Price Trends (Indian & International)
    • Crude Oil Price Trends
    • Naphtha Price Trends
    • OPEC Price Trends
    • Feedstock Trends
  • US Price section
    • US Price List
  • European Section
    • European Price List
    • European Weekly Scan
  • Middle East Section
    • Middle East Prices
  • Weekly Scan
    • Asian Weekly Scan
    • European Weekly Scan
  • Import Data Section
    • Import Data
    • Import Analysis Report
  • Monthly Report
  • Company Report
  • News Wire
  • Sms Alert
  • Blackberry Alerts(BBM), whatsapp services
  • Import Data Section
  • Android, BlackBerry & iPhone/iPad Application

All content included on this site including but not limited to text, graphics, images, etc., is the property of Polymerupdate.com Polymerupdate.com or its content suppliers and is protected by Indian and international copyright laws. The compilation (meaning the collection, arrangement and assembly) of all content on this site is the exclusive property of Polymerupdate.com and protected by Indian and international copyright laws.

RIGHT TO USE

The viewing, printing or downloading of any content, information, document, graphics, forms from Polymerupdate.com grants you only a nonexclusive license for use solely by you for your own personal use and not for re-publication, distribution, assignment, sublicense, sale, preparation of derivative works or other use. No part of any content, form or document may be reproduced in any form or incorporated into any information retrieval system, electronic or mechanical, other than for your personal use (and not for resale or redistribution).

MODIFICATIONS AND AMENDMENTS

Polymerupdate.com reserves the right and has the sole discretion to edit, modify, amend or delete any documents, information or other content appearing on Polymerupdate.com.

INDEMNIFICATION

You agree to indemnify and hold harmless Polymerupdate.com, its promoters, personnel and affiliates its authors and contributors from any liability, loss, claim and expenses, including reasonable attorney's fees, related to your violation of this Agreement.

APPLICABLE LAW

This site is created and controlled by M/s Shalimar Infotech Pvt. Ltd. Mumbai (India); as such the laws of India shall apply; Courts in Mumbai, shall have jurisdiction in respect of all the disputes arising out of the use of this site or terms, conditions and disclaimers. M/s Shalimar Infotech reserves the right to make changes to the site and the terms, conditions and disclaimers.

This agreement (as defined below) describes the terms by which Shalimar InfoTech Pvt. Ltd. ("Polymerupdate.com") offers access to the service. By clicking the box, "Yes, I agree to the terms defined in the User Agreement" in the registration application form, and by accessing or using the service thereafter, you accept the agreement and agree to be bound by each of its terms. As used herein, the term "Agreement" means this User Agreement, disclaimer, privacy policy, security policy, access terms and other terms, conditions and rules that may be published or displayed from time to time by Polymerupdate.com or at any other link designated in this User Agreement, including each amendment, alteration, modification, or supplementation of any and all of the foregoing. All of the foregoing is incorporated by reference here. The terms of such Agreement apply to your use of the Service (as defined below). YOU SHOULD READ THIS AGREEMENT EACH TIME YOU USE THE SERVICE.

Definitions

This agreement (as defined below) describes the terms by which Shalimar InfoTech Pvt. Ltd. ("Polymerupdate.com") offers access to the service. By clicking the box, "Yes, I agree to the terms defined in the User Agreement" in the registration application form, and by accessing or using the service thereafter, you accept the agreement and agree to be bound by each of its terms. As used herein, the term "Agreement" means this User Agreement, disclaimer, privacy policy, security policy, access terms and other terms, conditions and rules that may be published or displayed from time to time by Polymerupdate.com or at any other link designated in this User Agreement, including each amendment, alteration, modification, or supplementation of any and all of the foregoing. All of the foregoing is incorporated by reference here. The terms of such Agreement apply to your use of the Service (as defined below). YOU SHOULD READ THIS AGREEMENT EACH TIME YOU USE THE SERVICE.

  • "Polymerupdate as used in this Agreement includes Shalimar Infotech Pvt. Ltd, any of its group companies, affiliates and subsidiaries.
  • "Data" means a representation of information, knowledge, facts, concepts or instructions, which are being prepared or have been prepared in a formalized manner.
  • "Information" includes data, text, images, sound, codes, computer programmes, software and databases.
  • "Access" means gaining entry into, instructing or communicating with the logical, arithmetical, or memory function resources of a computer, computer system or computer network.
  • "Visitor" means and includes a person, entity including Corporate Bodies, Associations and its representatives, agents etc.
  • "Polymerupdate.com" is an electronic commerce web site. Informative materials collected and posted on this web site is on "as is" basis and is subject to further revision without any prior intimation or notice to any visitor(s) and is designed by Polymerupdate.com to provide a platform for trade, knowledge, information to the users mainly belonging to Plastic Processing Industry and also consumers, dealers of Plastic products and goods of various nature.

Registration

In order to participate in Polymerupdate.com services, User must first register. Our services are available only to individuals who can form legally binding contracts under applicable laws. Registration is free. All information is kept strictly confidential. The purposes for registration are:

  • Reach Users when necessary.
  • Create a venue where Users have confidence that other Users are sincere.
  • Receives benefits offered from Polymerupdate.com.

Conduct for Authorized Users

User agrees to use Polymerupdate.com only for lawful purposes. User shall not post on or transmit through Polymerupdate.com any unlawful, defamatory, libelous, obscene, abusive, threatening, or racially, otherwise objectionable material of any kind, including, but not limited to, give rise to civil liability to otherwise violate any applicable law. User shall be solely responsible for ensuring that User's Account shall not be used in any manner which constitutes, or forms a part of a course of conduct amounting to, a violation of any state federal or other applicable competition laws. User covenants and agrees to defend, indemnify and hold harmless Polymerupdate.com and its subsidiaries, affiliates, and their officers, agents and employees from and against, and to pay or reimburse the Indemnities for, any and all loss and damages resulting from, arising out of, or related to any breach of any of the foregoing provisions of this agreement involving use of User's Account. User must always use your real name and you will remain solely responsible for the materials created and the content of your messages posted on Polymerupdate.com

Polymerupdate.com is not involved in the actual transactions between Buyers and Sellers. And hence, Polymerupdate.com has no control over the quality, safety, or legality of the Product advertised, or the truth or accuracy of the listings, or the ability of Sellers to sell Product or the ability of Buyers to buy Product. Polymerupdate.com cannot confirm the identity of each Buyer and seller. There may be risks in dealing with others acting under false pretense. Appearance on Polymerupdate.com is not an indication of the credit worthiness or trustworthiness of Buyers or Sellers. Polymerupdate.com cannot and does not control whether or not Sellers will complete the sale of Product they offer or whether Buyers will complete the purchase of Product they have bid on.

Disclaimer: "Polymerupdate.com" do hereby make disclaimer in respect to its web site "Polymerupdate.com" as herein below listed -

  1. User agrees that use of the service is entirely at user's own risk. The service is provided "as is" without warranty of any kind or responsibility either expressed or implied, including (without limitation) any warranty or responsibility.
  2. Polymerupdate.com does not warrant the accuracy of information obtained from this Website or that it will not violate or infringe any right of the third party.
  3. Polymerupdate.com disclaims all warranties including the implied warranty of merchantability and fitness for a particular purpose.
  4. Polymerupdate.com does not warrant that functions contained on this site will be uninterrupted or error-free that defects will be corrected or that this site or the server are free of viruses or other harmful components.
  5. Polymerupdate.com does not warrant or represent the use of the materials on this site in terms of their correctness, accuracy, reliability, breadth, depth, coverage, presentation, frequency, timeliness, accessibility and/or otherwise.
  6. This disclaimer of liability applies to any damages or injury caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, alteration of, or use of record, in any way relating to or arising out of the service or the attempted use thereof or any transactions between members, whether for breach of contract, tortuous behavior, negligence (whether of Polymerupdate.com or otherwise) or under any other cause of action.
  7. Neither Polymerupdate.com nor any of its agents, affiliates or content providers shall be liable for any direct, indirect, incidental, special or consequential damages arising out of transactions arising out of the use of the service or inability to gain access to service or out of any breach of any obligation or responsibility that any of them may have.
  8. Without in any way limiting any other provision contained herein, member agrees that in no event shall Polymerupdate.com or its Officers, Directors, Owners, Administrator, independent Contractors, Employees, Agents or affiliates be liable and each member exculpates and releases such persons from damage, liability, or expense that the member may suffer (or any other person claiming by or through member) by reason of, arising out of, or
  9. Notwithstanding the foregoing or any other limitations on liability set forth in this agreement, if a User or Member becomes entitled to any recovery, each user and member agrees that his recovery shall be limited to the amount of any fees or payments made to Polymerupdate.com by reason of such user's or member's use of the service.
  10. Polymerupdate.com makes no representation or warranty regarding the standing, creditworthiness or otherwise of any person firm or company mentioned herein, neither the information, nor the suitability of the information for any purpose.
  11. A description or reference to a product, service or publication on this web site (including any description or reference via hyperlink) does not imply endorsement by Polymerupdate.com of that product, service or publication.
  12. User hereby acknowledges that the provisions of this section shall apply to all content on the site.

In addition, each Member indemnifies Polymerupdate.com and its officers, directors, owners, administrator, independent contractors, employees, agents and affiliates for and from any loss by reason of, in any way relating to, or arising out of:

  • Member's use of the Web site or the Service, any violation of any law, rule or regulation arising by reason of such use;
  • Any claim or dispute which may arise from a breach of Terms of the Agreement or from any dispute which may arise between Members;
  • Member's violation of the policy of Polymerupdate.com in force from time to time.

Access to this Web site is limited to viewing the linked web pages solely for legitimate business purposes to access the information provided by Polymerupdate.com at this Web site. Any access or attempt to access other areas of the Polymerupdate.com computer system or other information contained on the system for any purposes is strictly prohibited. You may not use any information contained on this web site other than in connection with a legitimate business purpose.

Except as expressly permitted below, Visitors to this site may not copy, modify, alter, reverse engineer, disassemble, sell, transfer, rent, license, publish, distribute, disseminate or otherwise allow access to all or any of the information. If the Visitor is a corporation this term shall apply to any subsidiary, affiliate or parent of such corporation.

Visitors to the site may use the information solely and exclusively for personal purposes or for internal purposes within the Visitor's organization and not for sale. The Visitor may download and/or copy limited portions of information on an occasional ad hoc basis and distribute that information within the Visitor's organization PROVIDED HOWEVER, that

  • the reproduction and distribution of such information is not done in any manner which might be competitive with Polymerupdate.com's use, reproduction or distribution of the same or similar information either in hard copy or electronic form and
  • Such information is distributed with appropriate notices, including copyright notices, indicating Polymerupdate.com as the source of such information and prohibiting any further reproduction or distribution of such Information. Downloading of any Information, content or images from this web site does not transfer any right or ownership of such Information, content or images, and such information, content or images may be used solely in accordance with the license herein.

Privacy

At Polymerupdate.com, your privacy is very important to us & all efforts will be made to ensure security and privacy to the fullest extent. Polymerupdate.com shall not sell, trade or share any information of our registered members with any third party without your approval, with the following exceptions:

  1. Conform to legal requirements or comply with legal process.
  2. Enforce or apply the terms of any of user agreements.
  3. Protect the rights, property or safety of Polymerupdate, our users or others.
  4. Information revealed during the course of our enforcement of the seller agreement, or during the course of any disciplinary actions with respect to a Member.
  5. Information necessary will be revealed to other members in store front or otherwise when they trade with each other in accordance with normal operations of Polymerupdate.
  6. Information that we in good faith determine must be disclosed to correct what we believe to be false or misleading information or to address activities that we believe to be manipulative or deceptive.

Also, we at Polymerupdate.com may provide aggregate statistics about our customers, sales, traffic patterns and related site information to reputable third-party vendors, but these statistics will include no personally identifying information.

Security

Polymerupdate.com places utmost importance on protecting information therefore has security measures in place to protect the loss, misuse and alteration of the information under our control. These include firewall protection, password encryption and restricted server access.

Polymerupdate.com does not guarantee that any electronic commerce is totally secure and urges all users to exercise caution while using our site "POLYMERUPDATE.COM"

Consumer Fraud

To the best of our knowledge any and all transactions concluded through the payment online facility provided on www.polymerupdate.com, a website operated by Shalimar Infotech Pvt ltd, for sales of it's various services are secure however in the event of any 'consumer fraud' that is the unauthorized use of cardholder information such as attempts to purchase products or services using another person's card, 'Shalimar Infotech Pvt ltd' will not be held responsible and will not be liable to pay any amount in any way whatsoever. The online payment facility is provided by a third party namely ccavenue with which Shalimar Infotech Pvt ltd has an agreement. CLICK on the link to verify CC avenues secure mode of payment - click here

Trademark/ Copyright

The visitor expressly acknowledges that Polymerupdate.com was prepared by Polymerupdate.com (on its third party licensors ) through the application of methods and standards of judgment developed and applied through the expenditure of substantial time, effort and money. This web site contains many Polymerupdate.com and third part trademarks / copyrights. All marks are the property of their respective companies. All rights in the intellectual property contained in Polymerupdate.com including copyrights, trademarks, patents, rights trade secrets are reserved.

Polymerupdate.com's rights

  1. Polymerupdate.com reserves the right, in its sole discretion, to select Users and to refuse service or subscription to Polymerupdate.com to any person or entity for any reason or for no reason whatsoever.
  2. Polymerupdate.com may terminate immediately and without notice the Account of any User who misuses Polymerupdate.com or fails to comply with any terms or condition of this Agreement.
  3. Polymerupdate.com, in its sole discretion, may, at any time and from time to time, and in any manner modify this Agreement and insert additional terms and conditions governing Users' access and use of Polymerupdate.com. Any modification or addition is effective immediately upon its posting on Polymerupdate.com or upon transmittal of written notice thereof to User, whichever is earlier.
  4. Polymerupdate.com may, in its sole discretion, modify, supplement or discontinue any aspect of Polymerupdate.com, including, but not limited to, (I) restricting the hours or dates of access to Polymerupdate.com, and (II) restricting or terminating any User's right to access or use Polymerupdate.com or any portion thereof, at Polymerupdate.com's sole discretion and without prior notice or liability.
  5. From time to time, polymerupdate conducts free industry related promotions through the SMS, BBM and email route. On registering on the website, you confirm that you have agreed to receive these promotional alerts.
  6. Polymerupdate.com reserves the right to change or add any fees or charges for access or use of Polymerupdate.com at any time which would be effective immediately.
  7. Polymerupdate.com has the right to publish the names of its subscribers in its Press Releases.

Cancellation & Refund Policy

  1. Customer initiated cancellation
      1. Any cancellation of contract has to be in terms of applicable provisions of the binding agreement entered into at the time of Registration as a User of Polymerupdate.com services.
      2. Registered User will have to inform the administrator of the Polymerupdate.com Website in writing, 30 prior to the expiry date, about the cancellation/termination of contract, if it is before the expiry period of subscription. In such a situation, Customer can continue to avail the services on Polymerupdate.com Website till the expiry of the contract.
      3. Customer shall be liable to pay for the full amount of consideration as agreed in the contract even for the unexpired period of the contract.
      4. On the last the day of the expiry period, at the end of working hours as per IST, company without serving any further notice, shall discontinue all the access to the Website and the services offered during the contractual period.
      5. Any use of services or authorised access to the services offered by Polymerupdate.com, after the expiry period of the contract by the Customer, shall be liable for penal action and available remedy at law, as thought deem fit by the Company.
      1. In an event as described in Clause 1(A)(i) above, Company shall not be liable to refund to the customer any amount/fees/consideration paid especially for unexpired period of the contract post service of notice for cancellation by the customer.
      2. Customer will not have any claim for refund of amount whatsoever in such situation and decision of the Company shall be binding on the customer and shall be final.
  2. Company initiated cancellation
      1. In an Event, Company prefers to terminate the contract, it shall be within its sole right to do so by giving 30 days prior notice, in terms of the provisions of the agreement and on the expiry of the notice period, the contract will stand automatically terminated without any further action.
      2. In an event of breach of any condition of the contract by the customer, especially of the provisions of the Clauses pertaining to Confidentiality, Payment of Consideration, Company shall have right to terminate the contract at once without recourse to the customer having any say or defence.
      1. Cancellation of the contract by the Company as per Clause 2(A)(i) above, company will refund the consideration amount pro-rata for the unexpired period of the contract, within 30 days after the expiry of the notice period.
      2. Cancellation of the contract by the Company as per Clause 2(A)(ii) above, Company shall not be liable to refund any amounts whatsoever even for the unexpired period of the contract. And Company further reserves right to initiate appropriate action under the law for other remedies including but not limited to damages, penalty, injunction as the Company may deem fit in its discretion.
  3. In case contract stands terminated/cancelled due to impossibility of performance on the part of the Company and/or Act of God, Company shall not be responsible for any refund of money consideration for the unexpired period of contract.

This Agreement shall be governed by and in accordance with the Law of India, without regard to conflicts of law provisions. Any controversy involving Polymerupdate.com arising from or in any way related to this Agreement or your use of the services of the site shall be submitted to arbitration to be conducted in accordance with the laws of India. The final jurisdiction for any claim or dispute resides in the courts of India.

Please note that unauthorized copy and distribution of the above newsfeed is liable to legal prosecution.

  • 1. Acceptance of our terms - By visiting the website Polymerupdate.com, viewing, accessing or otherwise using any of the services or information created, collected, compiled or submitted to Polymerupdate.com, you agree to be bound by the following Terms and Conditions of Service. If you do not want to be bound by our Terms your only option is not to visit, view or otherwise use the services of Polymerupdate.com. You understand, agree and acknowledge that these Terms constitute a legally binding agreement between you and Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470) and that your use of Polymerupdate.com shall indicate your conclusive acceptance of this agreement.
  • 2. Provision of Services - You agree and acknowledge that Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470) is entitled to modify, improve or discontinue any of its services at its sole discretion and without notice to you even if it may result in you being prevented from accessing any information contained in it. Furthermore, you agree and acknowledge that Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470) is entitled to provide services to you through subsidiaries or affiliated entities.
  • 3. Proprietary Rights - You acknowledge and agree that Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470) may contain proprietary and confidential information including trademarks, service marks and patents protected by intellectual property laws and international intellectual property treaties. Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470) authorizes you to view and make a single copy of portions of its content for offline, personal, non-commercial use. Our content may not be sold, reproduced, or distributed without our written permission. Any third-party trademarks, service marks and logos are the property of their respective owners. Any further rights not specifically granted herein are reserved. You will not use/misuse the price quotes received from SIPL and quote it as our proprietary quotes to induce any other party to take decisions.
  • 4. Disclaimer of Warranties - You understand and agree that your use of Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470) is entirely at your own risk and that our services are provided "As Is" and "As Available". Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470) does not make any express or implied warranties, endorsements or representations whatsoever as to the operation of the Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470), information, content, materials, or products. This shall include, but not be limited to, implied warranties of merchantability and fitness for a particular purpose and non-infringement, and warranties that access to or use of the service will be uninterrupted or error-free or that defects in the service will be corrected.
  • 5. Limitation of Liability - You understand and agree that Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470) and any of its subsidiaries or affiliates shall in no event be liable for any direct, indirect, incidental, consequential, or exemplary damages. This shall include, but not be limited to damages for loss of profits, business interruption, business reputation or goodwill, loss of programs or information or other intangible loss arising out of the use of or the inability to use the service, or information, or any permanent or temporary cessation of such service or access to information, or the deletion or corruption of any content or information, or the failure to store any content or information. The above limitation shall apply whether or notPolymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470) has been advised of or should have been aware of the possibility of such damages. In jurisdictions where the exclusion or limitation of liability for consequential or incidental damages is not allowed the liability Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470) is limited to the greatest extent permitted by law.
  • 6. External Content - Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470)may include hyperlinks to third-party content, advertising or websites. You acknowledge and agree that Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470) is not responsible for and does not endorse any advertising, products or resource available from such resources or websites.
  • 7. Jurisdiction - You expressly understand and agree to submit to the personal and exclusive jurisdiction of the courts Mumbai, Maharashtra, India or of the country, state, province or territory determined solely by Polymerupdate.com (Owner-Shalimar Infotech PrivateLimited-also identified as SIPL, CIN: U72200MH2000PTC125470) to resolve any legal matter arising from this agreement or related to your use Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470). If the court of law having jurisdiction, rules that any provision of the agreement is invalid, then that provision will be removed from the Terms and the remaining Terms will continue to be valid.
  • 8. Other Terms and Conditions - You confirm that -
    • i. Prices of Commodities and its movement is dependent on a host of factors including internal and external, many a times not within control, and hence are mere estimations.
    • ii. All Commodities are Crude Oil based commodities and hence its production, distribution and supply is based on decisions of Oil producing countries, their inter-se relationships, priorities, economic conditions and such other factors which cannot be exactly accounted for in statistical models and forecasting tools.
    • iii. Minimal deviations between Forecasted Prices and Actual Prices, merely suggests our ability to forecast using some proprietary information, experience of last more than 18 years, tools and discounting factors used but cannot be treated as the method of arriving at correct forecast of prices.
    • iv. Subscribing to the forecasted data on commodities is to be used as one of the tools & methods amongst many other methods for decisions making.
    • v. All prices in currency as noted on the quotation and per metric ton unit, per grade.
    • vi. Forecasted prices do not take into account and therefore exactly predict prices of listed commodities, factors like unusual movement in US dollar values, geo-political, environmental, regulatory behaviours.
    • vii. Here is a possibility of minor differences in forecasted prices per week to per month.
    • viii. SIPL will not responsible for any distortions in forecasted prices of commodities due to any cyber attack including hacking, phishing, virus, malwares etc.
    • ix. Forecasted prices are for particular region and commodities in the region and any inter region and inter commodities comparison will require adjustments in the forecasted prices on the part of subscribers and users.
    • x. Forecasted prices uses some terms in the trade which will carry the meaning as understood in INCOTERMS 2010.
    • xi. You will not hold SIPL responsible for deviations in Forecasted prices and actual prices.
    • xii. You will not make any false commitments and representations about the forecasted prices to any other third party and induce that party/ies to take further commitments as to behaviour of the forecasted prices.
    • xiii. You will keep SIPL indemnified against loss, damages, caused due to legal action taken by third party against SIPL for using forecasted data.
    • ix. You will not hold SIPL responsible for any delay in posting forecasted prices of the commodities on the indicated publication date for the week and for the month due to any exigencies like and including civil unrest, technology break down, cyber connectivity issues.
  • 9. Entire Agreement - You understand and agree that the above Terms constitute the entire general agreement between you and Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470). You may be subject to additional Terms and Conditions when you use, purchase or access other services, affiliate services or third-party content or material.
  • 10. Changes of the Terms - Polymerupdate.com (Owner Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470) reserves the right to modify these Terms from time to time at our sole discretion and without any notice. Changes to our Terms become effective on the date they are posted and your continued use of Polymerupdate.com (Owner-Shalimar Infotech Private Limited-also identified as SIPL, CIN: U72200MH2000PTC125470) after any changes to Terms will signify your agreement to be bound by them.