Invoices shall be submitted monthly by the Company for payment by Client. If Client has any valid reason for disputing any portion of an invoice, Client shall so notify the Company within seven (7) calendar days of receipt of invoice by Client, and if no such notification is given, the invoice shall be deemed valid. The portion of the Company’s invoice that is not in dispute shall be paid in accordance with the procedures set forth herein. Payment is due upon receipt and is past due Fifteen (15) business days from receipt of invoice. A finance charge of 1.5% per month or part of the month on the unpaid amount of an invoice, or the maximum amount allowed by law, shall be charged on past due accounts. Payments by Client shall thereafter be applied first to accrued interest and then to the principal unpaid balance. Any legal fees, court costs, or other costs incurred in collection of delinquent accounts shall be paid by Client. If payment of invoices is not received within 15 days of invoice date, the Company reserves the right to suspend further work.
Amounts payable pursuant to this Agreement are inclusive of taxes in India. The Company hereby indemnifies the Client for all taxes or other statutory duties, levies or any other charges imposed in India in connection with the Services.
The Company warrants that the Services shall be performed by qualified personnel possessing competency in the relevant field and shall conform to the Client’s requirement hereunder;
neither any deliverable, information or material, nor the performance of the Services by the Company infringe or violate the rights of any third party and the Client shall receive free and clear title to all deliverable, information or material prepared under this Agreement; the Client shall have the right to use for its own purposes any deliverable, information or material provided to the Client under this Agreement without any restriction, liability or obligation; at the time of delivery, each deliverable shall conform to its specifications and the Client’s requirements and for fifteen (15) days following the Client’s acceptance, the Company shall correct at no extra cost to the Client, any defect, or non-conformity that prevents such deliverable from conforming and performing as warranted.
Security and Confidentiality
We are committed to ensuring that your personal information is secure, and we take reasonable steps to ensure that all of your user information is secure. In order to prevent unauthorized access or disclosure, we have put in place suitable physical, electronic, and managerial procedures to safeguard and secure the information we collect online. All information that you share with us and associated with your activities on the Site is sent to and stored on secure servers that are located in the United States. However, we undertake no obligation to maintain the confidentiality of non-confidential data such as questions, comments or ideas that you voluntarily provide to us. We reserve the right to use and disclose such non-confidential information as we deem appropriate. By voluntarily submitting feedback and other such information to us, you consent to these terms.
Links to Other Web Sites
Controlling Your Personal Information (Including How to Opt-Out of Certain Uses)
You may choose to restrict the use of your personal information in the following ways:
If you do not want us to use your personal information for our direct marketing purposes, you may opt-out of receiving future marketing emails (and other electronic marketing communications) from us at any time by emailing us at firstname.lastname@example.org with you opt-out request.
If you do not want us to share your personal information with Other Parties (i.e., our business (and other) partners and/or other third parties) for marketing purposes, you may opt-out of such sharing by emailing us at email@example.com with you opt-out request.
If you believe that any information, we are holding on you is incorrect or incomplete, please email us at firstname.lastname@example.org
Posting Comments and Other Information on our Site
Revisions to this Policy
Effective: 15th October, 2021
This Agreement shall be governed by the laws of the Republic of India and supersedes all prior discussions and writing and constitutes the entire agreement between the parties with respect to the subject matter hereof. The Courts of the Mysuru, India shall have sole jurisdiction to decide on any dispute or controversy emanating from the execution or interpretation of the present Agreement
The Company and the Client recognise that any disputes arising from this Agreement are best resolved at the working level by the parties directly involved. Both parties agree to exert their best endeavors to resolve any dispute which may arise at working level. Failing resolution of dispute at working level, the Company and Client agree that any conflicts arising from this Contract shall be submitted to mediation by an independent third party. If the parties are unable to agree on an independent mediator, they shall request the president for the time being of the Institute of Chartered Accountants in England and Wales to nominate a mediator and that choice shall be binding on both parties. If the dispute is not resolved through non-binding mediation, then the parties may take other appropriate action subject to the other terms of this Agreement. All disputes are subject to local jurisdiction of the Company.
Termination of this Agreement may be initiated by either party:-
a) In the event of irreconcilable dispute making the future of this Agreement untenable after clearing any outstanding dues in relation to this Agreement and giving 30 (Thirty) days’ notice to the other party.
b) The Company’s failure to comply with the terms of the IDTA or any Data Protection Legislation is a material breach of this Agreement. In such event, the Client may terminate this Agreement effective immediately on written notice to the Company without further liability or obligation.
c) In any other event by either party giving 90 days’ notice to the other party.
The prevailing party in any action to enforce this Agreement shall be entitled to costs and attorney’s fees.
No waiver or modification of this Agreement will be binding upon either party unless made in writing and signed by a duly authorized representative of such party and no failure or delay in enforcing any right will be deemed a waiver.
This Agreement shall be construed as to its fair meaning and not strictly for or against either party.
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