Please read carefully before engaging with our brokerage services.
Welcome to Pankaj Brokers, owned and operated by Bhavesh Somaiya and Pankaj Somaiya (Trade Name: PANKAJ BROKERS, GST: 24AFGPS1571P1ZY). By engaging our services you agree to these Terms & Conditions.
We act as intermediaries between buyers and sellers of cotton. Our role includes introducing parties, facilitating negotiations, providing quality assessments, and assisting with documentation. We do not take physical possession of cotton unless specifically agreed in writing.
Fees are agreed before any deal begins — either as a percentage of transaction value or a flat rate per quintal/bale. GST (24AFGPS1571P1ZY) applies as per prevailing regulations. A proper GST invoice is issued for all charges. Payment is due on deal closure unless otherwise agreed in writing.
Clients agree to: provide accurate information; not bypass the broker to deal directly with introduced parties for 24 months from introduction; pay fees promptly; independently verify quality before finalising transactions; and comply with all applicable laws and GST regulations.
Quality assessments are indicative only. Pankaj Brokers does not guarantee final quality or quantity of cotton delivered and is not liable for discrepancies found after physical delivery or laboratory testing. Quality disputes must be resolved directly between buyer and seller.
Our total liability in any dispute shall be limited to the brokerage fee paid for that specific transaction. We are not liable for market price fluctuations, non-payment by either party, delays in delivery or logistics, loss of profit or consequential losses, or force majeure events.
All business information shared by clients is treated as strictly confidential and will not be shared with any third party other than the immediate counter-party needed to facilitate the deal, without explicit consent.
These terms are governed by Indian law. Disputes shall be subject to the exclusive jurisdiction of courts in Rajkot, Gujarat, India.