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NCL Industries Ltd.

(1.3)
Supplier From India
May-31-13
Supplier : Cement bonded particle board

Verification Status

Contact Details:
Raghav Ratna Towers, 7Th Floor
Hyderabad 500001
Andhra Pradesh India
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Below present our general procedures for the purchase and sale of sugar of Brazilian origin:
1- Buyer issues a Letter of Intention (LOI) addressed to Seller;
2- Seller issues a Soft Corporate Offer (SCO);
3- If Buyer accepts SCO, signs and seals SCO and then sends to Seller;
4- Seller issues Full Corporate Offer (FCO);
5- Buyer signs and seals FCO and issues an Irrevocable Corporate Purchase Order (ICPO), addressed to Seller;
6- Seller issues draft of Sale and Purchase Agreement (SPA) to be discussed and commented;
7- SPA is signed by Seller and Buyer;
8- Buyer issues draft of the Payment Instrument (SBLC/DLC) for approval by Seller�´s Bank;
9- If Seller�´s Bank accepts, Buyer issues the bank guarantee (SBLC/DLC);
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11- Seller prepares the product and export documents;
12- Buyer receives the export documents by mail;
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Verification Status

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