Welcome to E2C, an online marketplace connecting sellers of unused/excess electronic components with buyers who need them. By accessing or using our platform, you agree to the following Terms & Conditions.
1. Definitions
- "Platform" refers to the E2C website, mobile application, and related services.
- "User", "You", or "Your" refers to buyers, sellers, or visitors to the platform.
- "Seller" means any user listing unused/excess electronic components for sale.
- "Buyer" means any user purchasing components through the platform.
- "Listing" refers to product information uploaded by sellers.
- "Services" refers to marketplace listing, product matching, logistics, payment processing, quality verification, and related offerings.
2. Acceptance of Terms
By creating an account or using the platform, you accept these Terms & Conditions and agree to comply with all applicable laws.
3. Eligibility
- Users must be legally capable business entities or individuals authorized to conduct commercial transactions.
- The platform is intended for B2B transactions, not personal/consumer purchases.
4. User Account Responsibilities
- Provide accurate, up-to-date business and contact information.
- Maintain confidentiality of login credentials.
- Accept full responsibility for all activities under your account.
- Notify us immediately of any unauthorized access.
5. Marketplace Function
E2C acts as a facilitator between buyers and sellers. E2C does not own or manufacture any products listed on the platform.
We:
- Provide listing tools
- Facilitate transactions
- Offer logistics and quality validation support
- Match supply and demand using technology
We do not:
- Guarantee availability of specific products
- Guarantee product specifications provided by sellers
- Act as an importer or manufacturer
6. Seller Obligations
Sellers must:
- List accurate product information and technical specifications
- Ensure items are unused, functional, and genuinely available
- Not list counterfeit or restricted components
- Ensure lawful ownership and right to sell the items
- Pack components in industry-standard ESD-safe packaging
Sellers agree that E2C may:
- Request documentation, test reports, or certificates
- Conduct third-party quality verification
- Reject listings that violate platform standards
7. Buyer Obligations
Buyers must:
- Review product specifications before purchase
- Ensure compatibility with their intended use
- Conduct necessary technical checks post-delivery
- Report issues within the specified window (e.g., 3–7 days)
8. Pricing & Payments
- All prices are determined by sellers.
- E2C may charge transaction fees, commission, logistics fees, or service charges.
- Payments may be held in escrow until delivery confirmation.
- Users are responsible for applicable taxes, duties, and statutory compliances.
9. Logistics & Shipping
- E2C may offer integrated logistics partners.
- Delivery timelines are estimations, not guarantees.
- Risk of damage during transit depends on the selected shipping method.
- Buyers should inspect shipments immediately upon receipt.
10. Quality Verification & Returns
- E2C may facilitate third-party testing.
- Returns are allowed only under the platform's return eligibility rules:
- Incorrect item received
- Damaged in transit
- Failed quality verification (if opted for)
- Items sold "as-is" may not be eligible for returns unless specified.
11. Prohibited Activities
Users must NOT:
- Sell counterfeit, stolen, or hazardous materials
- Manipulate pricing or transactions
- Use automated systems to extract platform data
- Misrepresent identity or business details
- Upload malicious code or disrupt platform operations
12. Intellectual Property
- All platform content, branding, software, and designs belong to E2C.
- Users may not copy, modify, or reproduce any materials without permission.
13. Data Privacy & Security
Your data is processed according to our Privacy Policy and in compliance with:
- Indian IT Act 2000 & IT Rules 2011
- Applicable data protection guidelines
We implement reasonable security practices but do not guarantee complete protection against cyber threats.
14. Limitation of Liability
E2C is not liable for:
- Product defects or incompatibility
- Misrepresented listings by sellers
- Losses due to delays, logistics failures, or system downtime
- Indirect, incidental, or consequential damages
E2C's maximum liability is limited to the platform fee for the disputed transaction.
15. Indemnity
Users agree to indemnify and hold E2C harmless against claims arising from:
- Listing or selling defective or counterfeit products
- Breach of these Terms
- Violation of laws or third-party rights
16. Suspension & Termination
We may suspend or terminate user accounts for:
- Fraudulent activity
- Repeated complaints
- Violation of terms
- Legal or compliance issues
17. Governing Law
- These Terms are governed by the laws of India.
- Any disputes shall be subject to jurisdiction of courts in Gudiyatham, Tamil Nadu.
18. Modifications
- E2C may update these Terms periodically.
- Continued use after changes indicates acceptance.