TERMS & CONDITIONS FOR GOODS RECEIPT OWNER’S RISK

  • Nature, contents, conditions and value of the consignment are unknown to the Pricol Logistics (A Division of Pricol Travel Limited) (hereinafter called the company) the company carrier owner risk.
    • The company does not guarantee delivery within any specified time and the Company shall not liable for any delay in transport or delivery not due to any negligence or default of the carrier or his agent or servant.
    • The company or their agents shall be exempted from any loss or damages through pilferage’s accident from the collision or any other road or river hazard of default of the staff/drivers, labors or agents of the company .
  • In the event stomary route due to causes beyond the control of the company it will be within discretion of the of any interruption of through communication on the booked or customary company to cause the traffic to be carried by the next shortest open route but only the condition applying to the booked or customary company route in respect of the company liability regarding freight. The forwarding note held in respect of the consignment being equally operative over the route by which the consignment is carried not with standing of route of carriage for the transport for reason beyond control the company.
  • The company shall not liable for any loss or damage to goods due to theft. Whether condition, strikes, riots, disturbance, fire, explosion or accident, leakage and breakage however all reasonable precaution are taken to provide against such contingencies even if Freight on value is paid on the goods as per clause 17.
  • Delivery of goods should be taken from company’s godown within a week of their arrival falling which godown rent of 5 NP per 30 Kg. or part there of per day will be charged, the Consignor or consignee or other holder of the receipt if interest shall be certain the date and time of arrival from the company.
  • The company undertakes to and deliver the goods in the like order and conditions as received subject to any deterioration in the conditions of poods resulting from natural, cause like effect to temperature, weather condition to be consignee or to his order or he assign on the relative receipt being surrendered to the company duly discharged by the bank through which receipt has been negotiated or on holder on receipt producing a letter from such bank authorizing delivery of the goods and only the holder of the receipt entitled to delivery as above said shall have right resource against the company for all claims arising thereom.
  • The company has the right to reweight re-measure reclassify or re-calculate the rates at he place or destination before delivery for casons as signed in writing and only in the presence of the holder of the receipt or his duly authorized agents and to collect any commission or under charges.
  • The company reserve the right to refuse goods for transport without assigning any reasons.
  • The company shall have the right to dispose of perishable goods undelivered after 24 hours of arrival without any notice and other goods after 80 days of arrival & due notice in writing to the consigner or holder interested and the claim not shall be entitled to the proceeds less freight and demurrage.
  • The consignor making a false declaration as to the content description qualities of the goods carried will be held liable for any damage which company may sustain as result of such declaration. The consigner will therefore declare this goods correctly and taken precaution to comply with government regulation in force, from time to time. The company will not be responsible if the any goods declared contraband and confiscated by the government authority.
  • The consignor shall be primarily, liable to pay the transport charges and all other incidental charges if any at Head Office of the Company in Delhi or at any other agreed place, Coimbatore.
  • This terms and conditions shall form part of the agreement, if any entered between the parties.
  • The Company shall have the right to entrust the goods to any other lorry or service for transport in the event of the goods being so entrusted by the company to another carriers, the other carriers shall be between the consignor and the company be deemed to be the company’s agent so that the company shall not with landing the delivery of goods to other carrier continue to be responsible for safety of the goods and for their due delivery at the destination.
    • No inquiry will be entertained relating to any consignment after the expiry of 30 days from the date of delivery.
    • No intimation will be given to the consignee about arrival of goods, it is consignee’s duly to inquire about arrival of the particular of goods.
    • The company reserve the right to sell the goods after 30 days of arrivals of goods at destination to relies its dues. No suit shall be against the company in respect of any consignment without a claim made in writing in that behalf and preferred within 30 days from the date of arrival at destination by the party concerned.
  • When a bank has agreed to accept this lorry Receipt as a document of title to the goods hereby carried & has become interested as pledge or assignee or endorsee of the Lorry receipt whether before or after the entrustment become interested as pledge or assignee or endorsee of the Lorry receipt whether before or after the entrustment of the goods to the company hereby agree in consideration of the same to hold themselves liable and shall be deemed to have held themselves liable at all times directly to the bank concerned as if the bank were a party to the material times directly to Bank concerned as if the bank were the party to contract herein contained with the right material times directly to Bank concerned as if the bank were the party to contract herein contained with the right to recourse against the company to extend to the banks interest in the security as such as insured in terms of the provisions of the carries act III of 1995 against any and all risk of physical loss or damage under any circumstance whatsoever any to indemnify and pay the bank to the extent of loss or damage on any ground whatsoever as such as against the consignor consignee or owner under any contact between their interest and the bank shall have the right to demand dues and recoveries claims direct from company.
  • The court in COIMBATORE only shall have jurisdiction in respect of all claims and matters arising out of or in respect or the goods receipt.
  • Carriers Risk, if Freight of value is paid @ 2% of value of Cargo Owner Risk if freight on value is not paid @ 2% or paid less than 2% of value Cargo.
  • Demurrage shall be charged @ 1% per day on invoice value or Rs.1/- per kg whichever is higher.
  • All liquids, oils glass, chinaware, fruits, vegetable and fragile household and furniture goods shall be carried at “OWNER’S RISK” only.
  • The companies do not undertakes the responsibility for rebooking of the goods consigned through them any destination.
    • The company shall have alien and right to retain the goods for unpaid/outstanding dues being freight octrol warehouses handling charges, demurrage, labour and/or other charges etc. both current, preylous and/or arrears thereof, in respect of any consignment of the party or its associate subsidiary company/companies its agents its principals, its representative and or consignment handled by or death with at the instruction of the party shall also have a general lein for their previous unpaid/outstanding was (as state above) payable by the person mentioned herein above. No dues of the company shall have be delayed / with held/deducted or adjusted against any claim or counter claim. No claim shall be entertained unless the dues as a afore mentioned are paid to the company be the party concerned. Interest @ 12% per annum will be payable from the due date. till payment by the party to the company, Due date would be date of submission of the company to the party.
    • No criminal case will be logged against the company in case of company exercising his lien on the goods for non payment of any unpaid/out standing dues (as described in the clauses above)
  • The consignor hereby expressly declares that the above particulars furnished by him or its agent are correct. No, prohibited articles are included and he is aware of above conditions.
  • In case of misunderstanding or an act by the which party lodges claim with the insurance company after the dues process the claim is settled. We and consignor/consignee under mutual agree we will not issue authority to insurance for any kind of recovery from the carrier. (Recovery will not be initiated against carries) by any party individually or jointly. We have agree to thus as special understanding between carrier/consignor /consignee. Which overlaps any other clause/act/power which is already in force.