1. Rules for Everyone

Business practice

Whether you are a Seller or a Buyer, you should exercise reasonable business practice to assist the other party in every trade that you participate in on MandiAdda. For instance, Sellers should assist Buyers in getting access to the Goods in storage after the auctions end and Buyers should present the unique PO Purchase order to Sellers in time so that they can proceeds for delivery.

Keep your contact information up to date

Make sure that your contact information on the MandiAdda platform is up to date.Buyers and Sellers may need to get in touch with each other, and we need to be able to contact our users.

Back-door trading is forbidden

You are not allowed to buy or sell listed Goods outside of MandiAdda platform. Violation of this rule is an abuse of the mandiadda.com website and will lead to immediate suspension or termination of your use of the mandiadda.com website.

The highest bid at the end of the auction wins

The goods will be sold based on the highest bid by the buyer at the end of the auction (Winning Bid). The seller accepts the winning Bid at the auction's end and concludes a contract of sale for those goods with the buyer who posted the winning Bid. The seller is obliged to complete the transaction with the buyer in accordance with the rules.

Types of auctions

Bujuka offers two types of auctions, to be chosen by the seller. First, there is the sealed Bid Auction. The bidders submit their own bids without showing the competing bidders how much they bid. If two bidders in a sealed bid auction have submitted an identical highest bid, the first bid will win the auction. Second, the reverse Auction where buyer will create auction with required quantity and multiple sellers will bid with their available quantity and selling rate. buyer will choose multiple bids to fulfil their requirement. Also, buyer can place an offer to non qualifying sellers with offered price.

Auctions without a predetermined quantity of Goods

Goods for sale on may include those of which quantities are not known precisely due to various circumstances.Subject to

MandiAdda approval, Sellers may still offer these Goods for sale with an estimated quantity of the Goods.Buyers will bid on these Goods per base quantity (e.g. Rs.10000/Tone) and their estimated financial commitment will be calculated and shown prior to their confirmation of the bid.After the auction, the final quantity is determined between the Buyer and the Seller directly.The corresponding purchase price is calculated by multiplying the Buyer’s Winning Bid by the determined final quantity. The auction commission fee to be paid to MandiAdda by the Buyer is determined accordingly and settled in accordance with the agreement between the Seller and MandiAdda.

Manual finalization of payment

If manual finalization is permitted, the Seller and the Buyer will settle the payment for the auctions directly without the use of the MandiAdda escrow account. After an auction ends, the Seller is responsible for providing the Buyer with the invoice and the payment information. Manual finalization of payment is permitted only upon agreement with MandiAdda.

MandiAdda will never buy or sell Goods on mandiadda.com

MandiAdda is not and will never become owner of the Goods that are sold through the mandiadda.com online auction platform.Moreover, MandiAdda does not act as a commissioner. We only enable the sale and purchase of Goods through the mandiadda.com online auction platform.

2. Auction Rules for Buyers

Know what you are bidding on

Before you make a bid, make sure to read the listing description. If you have a question about the listed Goods, use the helpline to make sure to obtain the information that you need prior to making your bid.

Bidding signifies committing

Every highest bid that you make for Goods offered for sale concludes a binding contract of sale with the Seller for those Goods and you must complete the transaction with the Seller.

Bids cannot be retracted

mandiadda.com is a B2B auction website to be used by professional parties only.You can only bid if you intend to buy the Goods, and bids are therefore binding and cannot be retracted.

You buy all the commodities that you have won

If you are the winning bidder in more than one listed auction, you have bought all the Goods that you have won.Even if they are the same or similar.

Inspection of commodities for ongoing auctions

You may want to inspect the Goods prior to or during an ongoing auction to check that they are offered for sale 'as they are, where they are'. It is possible to inspect the Goods only and on the conditions indicated by the Seller if so stated in the auction information on the Goods, and at the time and place designated by the Seller before conclusion of the auction.

MandiAdda charges an auction commission fee for each transaction

For every purchase you make on mandiadda.com you must pay an agreed auction commission fee in principle (plus applicable taxes ), along with the purchase price into the escrow account if arrangement there.

3. Rules for Sellers

You are not allowed to list and sell Goods on the mandiadda.com online auction platform that you cannot deliver.

Future trading is not allowed

You can only sell commodities that are already physically present and available at the location you indicate when you create an auction.

Let the Buyers know what they are bidding for

Once Buyers place bids on your auction, they cannot retract them.Therefore, they need to know as much information as possible before committing to their bid. Please provide all relevant information about the commodities you are posting for sale.During an auction, Buyers may also ask questions through helpline. Do your best to answer them.

4. Reporting Violations

If you want to report a violation of rules by another user

First, please read our Auction Rules and the Terms and Conditions applicable to the use of mandiadda.com and make sure the user you want to report is actually breaking the rules.

If you still want to report a user, send us an email with specific information on the violation. You must report users with the intent of addressing a known or suspected violation of our Auction Rules and the Terms and Conditions applicable to the use of mandiadda.com.False reporting may have serious consequences and lead to deactivation of your account

Report an auction listing only once

After receiving your report, we will investigate the reported listing and all circumstances before we decide to act. Investigations may take time and if you send multiple emails about the same listing it will delay our investigations.We may not take any action if we cannot prove the reported violation. We will never discuss the results of our investigations.