TERMS & CONDITIONS OF THE GIFT SCHEME FOR PARTICIPANTS
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PLEASE READ THESE TERMS AND CONDITIONS (‘T&C’) CAREFULLY BEFORE
REGISTERING TO PARTICIPATE IN THIS “GIFT SCHEME” (THIS “SCHEME”) ORGANIZED BY
CHANDUKAKA SARAF AND SONS PRIVATE LIMITED (“COMPANY”). BY PROCEEDING
WITH YOUR REGISTRATION AND PARTICIPATION IN THIS SCHEME, YOU HEREBY
ACKNOWLEDGE, ACCEPT AND THEREBY AGREE ON IRREVOCABLE BASIS, TO BE
LEGALLY BOUND BY ITS T&C MENTIONED HEREUNDER.
This offer is voluntary, Customers can participate in this scheme on their own.
This Scheme is organized by the Company on the below mentioned terms and conditions:
1. The customers of the Company who make a purchase of Gold, Diamond, Precious Stone &
Forming Jewelry over Rs. 10,000/- between 19 July, 2019 and 1 September, 2019 are eligible for
entering into this Scheme provided that they agree to abide by these T&C in its entirety. Please
note that the Company reserves a right to modify the T&C of this Scheme, without notice to any
2. Eligibility Criteria:
2.1. To participate in the Scheme, the customers shall:
a. Be an Indian Citizen of over 18 years of age;
b. Make a minimum purchase of over Rs.10,000/- from the Company;
c. Make the purchase between 19 July, 2019 and 1 September, 2019;
d. The Company shall approve of the customer to be a participant;
e. Abide by these T&C;
f. Must not have made “Sales Returned” or exchanged the gold and diamond jewelry.
g. The scheme shall not be applicable on the purchase of Bullion, Vedhni, Coin and Silver
h. Must not have any criminal record nor should be of an unsound mind.
2.2. Please note that the above mentioned eligibility criteria is subject to the Company approving
of the customer to participate in the Scheme. At any point of time before the result of the
Scheme is announced, the Company may disqualify any of the customers from participating
in the Scheme, without notice and with or without reason.
2.3.In case the customer who has been issued a Participation Slip return the jewelry by virtue
of which he/she was issued a Participation Slip, the customer shall be required to return the
Participation Slip and shall be disqualified from participating in the Gift Scheme. Further, if a
customer who has been issued a Participation Slip exchanges the jewelry by virtue of which
he/she was issued a Participation Slip, the customer shall be required to return the
Participation Slip issued to him and the Company may, at its discretion and subject to the
eligibility criteria, issue a fresh Participation Slip to such a Customer.
3. Warranties and Consent:
3.1. Those customers who participate in this Scheme (here in after referred to as the
a. Warrants that he/she has read, understood and agreed to conform to these T&C;
b. Warrants that the information submitted by him/her is accurate, true and updated
c. Warrants that no consideration has been paid by the Participant to the Company to enter
into this Scheme or against the Participation Slip (defined below) provided by the
d. Specifically provides his/her consent to the process adopted by the Company to select the
Participant entitled to get the gifts under the Scheme (“Beneficiary”) of the Scheme;
e. Specifically provides his/her consent to receive communications from the Company and
to the Company to use any photographs of the Participants and the Beneficiary which are
clicked by the Company;
f. Warrants that he/she is aware that the Scheme introduced by the Company is at complete
discretion of the Company and not provided as a right to the Participants;
g. Warrants that he/she is aware that participation does not entitle the Participant to get the
gift and that the Beneficiary shall be selected as per the selection process adopted by the
h. Warrants that no loss will be caused to the Participants in case they are not declared as the
Beneficiary under the Scheme;
i. Warrants that he/she is aware that the participation and selection of the Beneficiary of the
Scheme is at complete discretion of the Company and no Participant can challenge the
decision of the Company which shall be considered as final and binding.
Those customers of the Company who fulfill the Eligibility Criteria stated in Clause 2.1
shall fill up the participation form which the Company may provide at its discretion, post the
purchase of Rs. 10,000/- and above by the customer.
4.2. The Company will provide a “Participation Slip” to the Participants to evidence their
participation in the Scheme.
The participation in this Scheme is completely voluntary and no customer is under an
obligation to participate in this Scheme on their purchase.
4.4. A Participant who opts for participating in the Scheme shall have a chance of being selected
for one of the gifts as specified in Annexure 1 of these T&Cs.
The Company shall declare the name of the Beneficiaries of the Scheme on month of
September 2019. Post that when the Company tries to contact the Participant (Maximum 3
Times) and the Participant does not respond to the Company the Participant shall not be
entitled to the gift or to be a Beneficiary in the Scheme and shall be disqualified.
5. Selection of Beneficiary
5.1. The following procedure, subject to any change if the Company so desires, shall be followed
by the Company to select the Beneficiary:
a. The Company shall put all names/forms of the Participants in a box before the name of
the Beneficiary is declared.
b. The Beneficiary will be selected on random basis.
c. The selection on random basis may be done by any of the representative of the Company
or any other Person who the company so desires.
d. Beneficiaries will be announced for the all cluster on month of September, 2019. The
non-availability of any Participant on above mentioned date shall not put an obligation on
the Company to change the date under any circumstance.
e. In case the Beneficiary is unable to provide the original copy of the Participation Slip or
any of the documents as mentioned in Clause 6, the Beneficiary shall be disqualified and
another Beneficiary shall be selected on random basis;
f. This selection of the Beneficiary shall be final and binding upon the Participants and the
decision of the Company on the same shall be final and binding.
6. The Beneficiary is required to produce the following documents to the Company as soon as his
name is announced:
6.1. Participation Slip
6.2. Bill for purchase of over Rs.10,000/-
6.3. Valid Aadhar Card
6.4. Valid Pan Card
7. The Participation Slip given to each Participant is neither assignable nor transferable. The gift
shall not be exchanged for cash. The gifts provided are non-transferable, non-negotiable, subject
to availability and there will be no cash alternative. The Company shall reserve the right to
substitute the gifts of lesser, equal or greater value, at any time.
8. In case of death of the Beneficiary, please note that the gifts under the Scheme will not in any
way be transferable or devolve upon the legal heirs of the Beneficiary or any person claiming
under him/her. The Company will in no way be under any obligation to provide the gifts under
the Scheme to any legal heir of the Beneficiary or any person claiming under him/her.
9. The gift provided is on as is basis and as decided by the Company. The Beneficiary cannot have
any preferences or request the Company to upgrade the gifts for a difference which may be
offered to be paid by the Beneficiary.
10. The Beneficiary, subject to the terms and conditions mentioned herein, shall be entitled to the gift
but shall be given to the Beneficiary in any manner which the Company may decide. The
Company may, if it so decides, transfers the amount of the gift as a third party to a vendor who
shall then be responsible for providing the gift to the Beneficiary. In such a case, the Companyshall not be responsible, liable or involved in the transaction of the transfer of the gift to the
11. The gifts shall be given to the Beneficiary subject to compliance with all applicable statutory
legislations/ processes /formalities in connection with the gifts and on production all such
documents/papers mentioned in Clause 6 or which may be deemed necessary by the Company to
produce before the delivery of the Gift. Any failure on the part of the Beneficiary to comply with
directions issued by Company forclaim of gift shall entitle Company to forfeit the gift and
distribute it to the other eligible Participants entitled to the gift subsequent to the disqualified
Participant. Neither the Company nor any of their affiliated parties shall in any manner be
responsible for non-receipt of gifts dispatched by courier at the postal address of the Beneficiary.
Cost is involved in the logistics or any cost of delivering/collecting the gifts will be borne by the
Beneficiary itself and the Company shall not be held responsible towards any cost logistics or
12. Any cost incurred as a result of any applicable statutory legislations/ processes /formalities
including but not limited to those related to registration, warranty, insurance, etc shall be borne by
the Participant and the Company shall is no way be responsible for the same.
13. Income tax, tax deducted at source (31.2%), gift tax, or any other statutory taxes, duties or levies
as may be applicable from time to time, arising out of or attributable to the gift, shall be solely
borne by the Beneficiaries for all the gifts.
14. The Beneficiary may be required to be a party to a “gift deed” which the Company may execute
in favor of the Participant. All costs, including legal costs and any other statutory cost involved in
the execution of such gift deed or any other deed which the Company may execute in favor of the
Beneficiary shall be borne by the Beneficiary and in any case if the Company is made to pay the
same, will be refunded by the Beneficiary to the Company.
15. The Participant hereby agrees and undertakes not to hold Company and/or any of their group
entities or affiliates, their respective directors, officers, employees, agents responsible for or liable
for, any actions, claims, demands, losses, damages, costs, charges and expenses that the
Participant may/might have suffered, sustained or incurred, or claims to suffer, sustain or incur,
by way of and /or on account of the Scheme.
16. The Participants including the Beneficiaries understand and agree that the Company shall not be
liable for any loss or damage whatsoever that may be suffered, or for any personal loss or injury
that may be suffered (including loss of life), to a Participants and/or any third party, directly or
indirectly, by use or non-use of the gifts.
17. The decision of the Company in respect of all transactions under this Scheme shall be final and
binding. The Company reserve the right to extend, cancel, discontinue, prematurely withdraw,
change, alter or modify this Scheme or any part thereof including the eligibility criteria at its sole
discretion at anytime during it’s validity as may be required in view of business exigencies and/orchanges by regulatory authority and/or statutory changes and the same shall be binding on the
18. Force Majeure: The Company shall not be held responsible for cancellations or any failure or
delay or for the consequences of any failure or delay in conducting the Scheme if it is due to any
event beyond the reasonable control and contemplation of the Company including, without
limitation, acts of God, war, industrial disputes, protests, fire, flood, storm, tempest, explosion, an
act of terrorism or national emergencies.
19. Amendment: The T&Cs may be amended in whole or in part only by the Company without any
communication to the Participants.
20. Severability: If any term of this T&Cs shall be waived or held invalid, illegal, or unenforceable,
the validity, legality, or enforceability of the remaining terms shall not be affected or impaired
thereby. Instead, the T&Cs shall be construed, if possible, in a manner to give effect by means of
valid, legal or enforceable provisions.
21. Notices: Any notice, demand or request required or permitted to be given to the Company shall
be in writing and delivered personally or by registered or certified mail, return receipt requested,
with postage prepaid and addressed to the following persons and addresses within  Business
Address: CHANDUKAKA SARAF & SONS PVT LTD., MOODALIAR CHAMBERS, 338/C
RASTA PETH, NEAR APOLLO THEATER, PUNE - 411011
22. Arbitration: The Participants and the Company agree to use all reasonable efforts to resolve any
dispute, controversy, claim or disagreement of any kind whatsoever in connection with the
Scheme, including any question regarding the existence, validity or termination (“Dispute”),
expediently and amicably. If the Dispute cannot be amicably settled, such Dispute shall be
referred for adjudication to a sole arbitrator to be appointed with the mutual agreement of the
Parties. The arbitration proceedings shall be held in accordance with the provisions of the
Arbitration and Conciliation Act, 1996.The Arbitration proceedings should be conducted in
English. The seat of the arbitration proceedings shall be Pune.
23. Governing Law and Jurisdiction: This Agreement shall be governed by and construed in
accordance with the Applicable Laws. Subject to Clause 19, the Company and the Participant
irrevocably and unconditionally submits to the exclusive jurisdiction of the competent courts
located in Pune for the purpose of enforcing the awards passed in arbitration.