Trade Compliance and Legal Disclaimer

 

Yugalinks Global Connect Pvt Ltd is committed to ensuring full compliance with all 
applicable trade regulations and legal frameworks. This Trade Compliance and Legal 
Disclaimer outlines our adherence to national and international trade laws while clarifying the 
limits of our liability

 

 

Compliance with Export and Trade Regulations

 We ensure all transactions comply with relevant legal frameworks.

  • We comply with international trade laws such as INCOTERMS and WTO regulations. 
  • All users must ensure their transactions meet the legal requirements of both the origin and destination countries.

User Responsibility for Legal Compliance

 Users are responsible for ensuring their transactions comply with applicable laws.

  • Exporters and buyers must verify that their products meet international trade requirements.
  • Users must obtain all necessary certifications, licenses, and permits before initiating transactions.
  • Yugalinks does not assume responsibility for user non-compliance with export or import regulations.

Prohibited and Restricted Items

 Certain products may be subject to legal restrictions.

  • Users are prohibited from trading items that are illegal under Indian or international law.
  • Restricted goods require proper authorization before being listed or sold on the platform.
  • A full list of prohibited items is available in our Prohibited and Restricted Items Policy.

Product Authenticity and Intellectual Property

 We enforce strict guidelines to protect intellectual property rights.

  • Sellers must verify the authenticity and legal status of all products listed.
  • Counterfeit goods and intellectual property violations are strictly prohibited.
  • Users who violate intellectual property laws may face legal action and account suspension.

Due Diligence Requirements

 Users must conduct proper due diligence before engaging in trade.

  • Exporters and buyers must confirm the legal status of trading partners.
  • Background checks and verification are recommended for all international transactions.
  • Yugalinks provides tools to facilitate secure trade but does not guarantee third-party compliance.

Limited Liability Disclaimer

 Yugalinks Global Connect Pvt Ltd disclaims liability for external factors beyond our control.

  • We are not responsible for losses resulting from user non-compliance with legal requirements.
  • Liability for delays, legal penalties, or product seizures due to regulatory issues falls on the involved parties.
  • Our platform acts as a facilitator and is not liable for disputes arising from regulatory non-compliance.

User Agreement and Indemnity

 By using our platform, users agree to indemnify Yugalinks against legal claims.

  • Users are responsible for any legal disputes arising from their transactions.
  • You agree to indemnify and hold harmless Yugalinks from claims related to trade compliance violations.
  • This indemnity extends to legal fees and penalties resulting from user actions.

Jurisdiction and Governing Law

 All transactions on our platform are subject to Indian jurisdiction.

  • Any legal disputes will be governed by the laws of India.
  • Disputes are subject to arbitration as outlined in our Dispute Resolution Policy.

Compliance Monitoring and Reporting

 We actively monitor compliance and encourage user reporting.

  • Our platform conducts regular audits to ensure compliance with trade laws.
  • Users can report suspected violations through our Whistleblower Policy.
  • Violations may result in account suspension or legal action.

Policy Updates

 We reserve the right to update this policy as regulations evolve.

  • Changes to trade compliance laws may result in policy modifications.
  • Users are notified of significant updates through platform announcements.
  • Continued use of the platform constitutes agreement with updated policies.

By engaging in trade through Yugalinks Global Connect Pvt Ltd, you agree to comply with 
this Trade Compliance and Legal Disclaimer. For further assistance, please visit our Contact 
and Support Information page.