Terms & Conditions

Welcome to MAG-AL ELECTROMINERALS PVT. LTD. (‘Company’, ‘we’, ‘our’, or ‘us’). These Terms & Conditions (‘Terms’) govern your access and use of our website www.101minerals.com (‘Website’) and related services including marketplace, credit/finance, procurement, and other offerings (collectively ‘Services’). By using our Website/Services, you agree to be bound by these Terms. If you do not agree, please do not use our Website.

1. Eligibility

a. You must be at least 18 years old and capable of entering into legally binding contracts.
b. You represent that you are acting on behalf of a business entity (company, partnership, proprietorship, etc.) and have proper authority to bind the entity.

2. Registration & Account

a. To access certain features, you may be required to register and create an account.
b. You agree to provide accurate, complete, and updated information.
c. You are responsible for maintaining the confidentiality of your account and password.

3. Use of Services

You may use the Website and Services only for lawful purposes related to business procurement, credit, and allied services.
You agree not to:
a. Engage in fraudulent or misleading activities.
b. Copy, modify, distribute, or reverse engineer any part of the Website.
c. Upload harmful or malicious code.

4. Marketplace Transactions

a. The Website may allow you to browse, inquire, and transact with suppliers, vendors, or financial partners.
b. We act as a technology platform/facilitator and are not a party to transactions between buyers and sellers.
c. All contracts, pricing, quality, and delivery terms are directly between you and the counterparty.

5. Credit & Financing Services

a. Access to loans, invoice financing, or credit facilities is subject to eligibility checks, documentation, and approval by our partner NBFCs/banks.
b. The Company does not guarantee any credit sanction or disbursement.
c. You agree to provide true and complete financial information when applying for credit.

6. Intellectual Property

a. All content, logos, trademarks, software, and designs on the Website are owned or licensed by us.
b. You are granted a limited, non-exclusive, non-transferable license to access the Website for business purposes.

7. Privacy & Data

a. Use of the Website is also governed by our Privacy Policy.
b. By using our Services, you consent to collection, storage, and processing of your data as per applicable law.

8. Limitation of Liability

a. We provide the Website and Services on an ‘as is’ and ‘as available’ basis.
b. We make no warranties regarding uninterrupted access, accuracy, or fitness for a particular purpose.
c. To the maximum extent permitted by law, we are not liable for any indirect, incidental, or consequential damages arising from your use of the Website or Services.

9. Indemnity

You agree to indemnify and hold harmless 101minerals.com, its directors, employees, and affiliates from any claims, damages, or losses arising from your use of the Website, Services, or breach of these Terms.

10. Termination

We reserve the right to suspend or terminate your access if you violate these Terms or applicable laws.

11. Governing Law & Jurisdiction

These Terms shall be governed by the laws of India. Courts at [City, State] shall have exclusive jurisdiction.

12. Changes to Terms

We may update these Terms from time to time. The latest version will always be posted on this page. Continued use of the Website constitutes acceptance of revised Terms.

13. Contact Us

Your Company Name: MAG-AL ELECTROMINERALS PVT. LTD.
Email Address: info@101minerals.com
Phone Number: +91 7621933101
Address: #1134/E Contour Road, Gokulam, 3rd Stage, Gokulam, Mysore – 570002, Karnataka, India