TERMS AND CONDITIONS

This document is an electronic record in terms of Information Technology Act, 2000 and rules there under as applicable and the amended provisions pertaining to electronic records in various statutes as amended by the Information Technology Act, 2000. This electronic record is generated by a computer system and does not require any physical or digital signatures. This document is published in accordance with the provisions of Rule 3 (1) of the Information Technology (Intermediaries guidelines) Rules, 2011 that require publishing the rules and regulations, privacy policy and user agreement for access or usage of www.vyapaary.com website owned by Navdigital market Private Limited .

1.User Agreement

1. This User Agreement contains rules and regulations, policies, terms & conditions and agreement applicable to any person who may access or use Vyapaary (as defined below), including any subdomains, webpages or extension of the Website. You hereby agree and acknowledge to be bound by the terms of this User Agreement. 2. The use of Vyapaary and the services provided are subject to the rules and regulations, policies, notices, terms & conditions set forth in this User Agreement. For the purposes of this User Agreement, ‘User’ and wherever the context may require ‘You’ (or any variation thereof), shall mean any natural or legal person who has agreed to become a user of Vyapaary by accessing or browsing the Website and/or has registered as a member of Vyapaary by submitting identification information/ registration details using the computer system of Vyapaary and accepting the electronic record of the User Agreement, has obtained a unique username along and a secret alpha-numerical key (password) for using the Website. 3. By impliedly or expressly accepting this User Agreement, You also accept and agree to be bound by Vyapaary’s and Navdigital market Private Limited other policies, including but not limited to the Privacy Policy, etc.

2. Amendment

1. Vyapaary owned by Navdigital market Private Limited reserves the right to change this Website and/or alter the terms and conditions of this User Agreement at any time and retains the right to deny access to anyone who Vyapaary believes has violated the provisions of this User Agreement. You are advised that any amendment to the User Agreement or rules and policies incorporated herein by reference will only be notified on the Website on publicly accessible links and You agree by accessing, browsing or using this website that this constitutes sufficient notice for all purposes against You. The revised version/ terms shall be effective from the time that Vyapaary posts the same on the Website. [In the event, that the User Agreement includes a substantial change, Vyapaary will provide 30 days’ prior notice of such substantial change by posting the same on the Website and also at the email address provided by the User to Vyapaary. For the purposes of this User Agreement, ‘substantial change’ means a change to the terms of this User Agreement that reduces Your rights or increases Your responsibilities.]

3. Definitions

1. Payment on Billing shall mean a Transaction where the payment for the items purchased is paid through the (i) Navdigital market Private Limited authorised Payment Gateway Facility or (ii) the buyer (if permitted by the relevant seller) has opted to deposit the Transaction Price in the bank account of Navdigital market Private Limited by way of cash, cheque, demand draft or any other mode of payment and such payment of the Transaction Price is credited to the bank account of Navdigital market Private Limited within [3] days of booking the Transaction.
2. Delivery / Delivered means physical delivery of the items to the buyer (for which a Transaction Price has been paid by the buyer by Payment on Billing) by the seller through a reputed courier service or by the Logistics Partner at the address communicated by the buyer on the Website.
3. In Transit/ Dispatched all mean that the items (for which a Transaction Price has been paid by the buyer by Payment on Billing or such other mode of payment approved by Vyapaary) have been dispatched by the seller through a reputed courier service or by the Logistics Partner at the address communicated by the buyer on the Website.
4. Dispatch Details means the true, accurate and valid data, information, details or documents as specified by Vyapaary from time to time, which the seller/ Logistics Partner is obligated to provide to Vyapaary as proof that the item has been Dispatched and/or Delivered, as the case maybe.
5. Information means and shall include any confidential and/or personally identifiable information or other information provided to Vyapaary or other Users of Vyapaary at the time of registration, buying or listing process or through any email feature and shall include without limitation Your name, email address, billing/shipping address, phone number and banking / financial information.
6. Issuing Bank in respect of a buyer, means any bank that has issued a Valid Card (credit/ debit/ cash card) to the buyer or the branch of a bank which maintains a Valid Bank Account in the name of buyer; with which the buyer makes payment of the Transaction Price.
7. Logistics Partner shall mean reputable logistics and courier company(s) preferred and approved by Vyapaary that will provide various services of collection and delivery of items, collection of the Transaction Price from the buyer. 8. Transaction means every electronically generated valid purchase order placed by the buyer for purchasing the items listed by the seller on the Website.
9. Transaction Price means the price to be paid for the items to be purchased by the buyer for every Transaction and which price shall include, if applicable, the shipping charges and all other taxes, duties, costs, charges and expenses in respect thereof as charged by the seller.
10. Valid Card means any valid credit card/ valid debit card/ valid cash card or any other card of whatsoever nature issued by Visa or MasterCard and/or by any Issuing Bank or any institution designated to issue such cards and lawfully owned by the User of the card at the time of the Transaction as well as at the time of refund, if any.
11. Valid Bank Account shall mean a valid and operational bank account in the name of the User of which the User is the rightful and legal owner having the ability to issue cheques/ demand drafts and make deposits, which in respect of the buyer shall be referred to as the Buyer Bank Account and in respect of the seller be referred to as the Seller Bank Account. [Both the Buyer Bank Account and Seller Bank Account are required to be with banks which are registered with or approved by Reserve Bank of India and such branch and/or account of the Buyer and Seller supports Reserve Bank of India’s electronic / online banking system including, without limitation, National Electronic Funds Transfer (NEFT) and/or Real Time Gross Settlement (RTGS)].
12. Vyapaary authorised Payment Gateway facility means the automated electronic payment or collection and remittance facility provided by Vyapaary owned by Navdigital market Private Limited to buyers and sellers to facilitate purchase and sale of items as well as making payments there for on Website directly through banks or financial institution infrastructure or indirectly through payment gateway facility providers or through any such facility authorized by the Reserve Bank of India to provide enabling support facility for collection and remittance of payment.

4. Eligibility

1. Vyapaary or any service provided by Vyapaary may only be used or accessed by such persons who can form legally binding contracts under Indian Contract Act, 1872. Persons who are ‘incompetent to contract’ within the meaning of the Indian Contract Act, 1872 including minors, persons of unsound mind, and undischarged insolvents are not eligible to use the Website. A minor is not allowed to access or register as a User or sell or purchase any items on the Website.
2. If You represent and are registering as a business entity, by accepting the User Agreement You represent that such entity has sufficient authority under applicable law to enter into the User Agreement and You are duly authorized by the business entity to accept this User Agreement and You have the authority to bind that business entity to this User Agreement.

5. Registration and Communication

1. By registering on the Website, You agree to allow us to contact You through any mode of communication (Email/Chat/Telephone call) for any confirmation or service related information for the order placed by You, on the contact details provided by You. Any kind of legal implication raised, due to the incorrect nature of the details provided by You to Vyapaary
2. You agree that Your sole purpose of registering or using the Website is to buy or sell products, as may be specifically notified by Vyapaary on the Website from time to time (that are permitted to be bought and sold under applicable law) and You shall not use the Website for any other purpose including for selling or buying products other than as mentioned above or products that are not allowed under applicable law to be sold or bought by You in any manner.
3. You agree to provide true, accurate and complete information while registering or for any other purpose when prompted to do so on the Website. You are prohibited from misrepresenting Your identity and agree not to represent Yourself as another User or login/ register using the identity of any other person. You are responsible to maintain and promptly update the information provided while registering or for any other purpose on the Website to ensure that the information provided by You is true, accurate, current and complete at all times. If You provide any information that is untrue, inaccurate, not current or incomplete or Vyapaary has reasonable grounds to deduce that such information is untrue, inaccurate, not current or incomplete, or not in accordance with this User Agreement, Vyapaary and Navdigital market Private Limited reserves the right to indefinitely suspend or terminate or block Your use or access to the Website in any manner whatsoever.

6. Seller Registration

1. To be eligible to sell items on the Website, the User is required to separately register with Vyapaary authorised Payment Gateway facility on its page on the Website. The seller shall provide complete details of the Seller Bank Account as a part of the Vyapaary authorised Payment Gateway Seller Registration.

7. Buyer Registration

1. Other than being a User, there is no separate registration requirement for buyers. Vyapaary authorised Payment Gateway facility is available to Buyers who hold a Valid Card or Valid Bank Account.

8. Electronic Communication

1. You agree to keep Yourself updated with all data, information and communication pertaining to You made available on the Website. You further agree that Your use of the Website or provision of any data or information including any correspondence (by email or otherwise) to or by Vyapaary is through electronic records and You consent to receive communication from Vyapaary via electronic records which will be deemed adequate service of notice/ electronic record.

9. Terms of Use

1. You understand and agree that Vyapaary owned by Navdigital market Private Limited merely provide hosting services to its Users who access the Website for purchase and sale of products (that are permitted to be bought and sold under applicable law). All items advertised and/or listed on the Website and the contents therein are advertised and listed by Users and are third party purchasers and/or sellers as the case may be. You also give permission to the Website and Vyapaary to store details and records of your usage of the Website indefinitely. However, this does not constitute any obligation on the part of Vyapaary or the Website to do so.
2. Currently the membership on the Website is free and Vyapaary does not levy any charges/fees for browsing or buying on the Website. However, for the purposes of listing any item on the Website to be sold or availing other services provided by Vyapaary through the Website such as packing, warehousing, courier etc., the seller will be charged additional fees, as and when decided mutually. Vyapaary reserves the right to introduce new services or modify the existing services provided on the Website.
Additionally, Vyapaary at its sole discretion may introduce fees for the new services provided or amend/ introduce fees for the existing services, as the case may be. Changes to the User Agreement or any of the rules and policies of Vyapaary shall be posted on the Website and such changes shall automatically become effective immediately after they are posted on the Website.
3. All fees/ charges shall be quoted in Indian Rupees or any other currency as and when decided by Vyapaary and shall be payable to Vyapaary within such time as specified in the invoice. You are responsible for paying all charges/ fees associated with the use of the Website and shall be liable to pay any and all applicable taxes, charges, cesses etc. which may be levied. In case of any non- payment, Vyapaary reserves the right to issue a warning or temporarily/ indefinitely suspend or terminate Your membership with Vyapaary and disallow access to the Website. Vyapaary also reserves the right to take any legal action against You in case of any non-payment of charges/fees to Vyapaary.
4. You agree that Vyapaary may appoint any third party service provider, including but not restricted to one or more of Vyapaary’s affiliate to provide backend operations and support as instructed by Vyapaary from time to time including but not limited to collection, processing and remittance of the Transaction Price using the existing authorized banking infrastructure to provide enabling support facility for collection and remittance of payment including but not limited to the Logistics Partner.
5. Vyapaary neither originates nor transmits any communication/ information on behalf of any User nor does it modify the contents of any communication transmitted. Vyapaary has no control over third parties and contents generated by the Users on the Website. 6. Any information provided by You to Vyapaary or submitted to Vyapaary or provide or display to other Users of the Website in the registration, buying or listing process, in the feedback area or through any e-mail communication is solely Your responsibility and Vyapaary merely is a platform where such information is distributed, published, displayed or used by Users. Vyapaary or Navdigital market Private Limited is not liable for accuracy, appropriateness or legality of such information.

10. User Obligations

1. All contractual terms of the manner and terms & conditions of delivery, payment, insurance etc. between the buyer and the seller shall be independently agreed with the other users of the Website that You may transact with.
2. You will treat Vyapaary as a mere passive conduit which is used as a platform by Users to create listings or provide information for the purpose of selling their items so that such information can be discovered and read by other Users of the Website who may wish to purchase such items from other Users or provide feedback on items they have purchased or sellers who have sold any item to them.
3. You agree and undertake not to host, display, upload, modify, publish, transmit, update or share any information or list any information or item that: a. belongs to another person and to which You do not have any right to;
b. is grossly harmful, harassing, blasphemous, defamatory, obscene, pornographic, paedophilic, libellous, invasive of another’s privacy, hateful, or racially, ethnically objectionable, disparaging, relating or encouraging money laundering or gambling, or otherwise unlawful in any manner whatever; or unlawfully threatening or unlawfully harassing including but not limited to “indecent representation of women” within the meaning of the Indecent Representation of Women (Prohibition) Act, 1986;
c. harm minors in any way;
d. infringes any patent, trademark, copyright or other proprietary rights or third party’s trade secrets or rights of publicity or privacy or shall not be fraudulent or involve the sale of counterfeit or stolen items;
e. violates any law for the time being in force;
f. deceives or misleads the addressee/ Users about the origin of such messages or communicates any information which is grossly offensive or menacing in nature;
g. impersonate another person or use an anonymous proxy;
h. contains software viruses or any other computer code, files or programs designed to interrupt, destroy or limit the functionality of any computer resource; or contains any trojan horses, worms, time bombs, cancelbots, easter eggs or other computer programming routines that may damage, detrimentally interfere with, diminish value of, surreptitiously intercept or expropriate any system, data or personal information;
i. threatens the unity, integrity, defence, security or sovereignty of India, friendly relations with foreign states, or public order or causes incitement to the commission of any cognizable offence or prevents investigation of any offence or is insulting any other nation;
j. shall not be false, inaccurate or misleading;
k. shall not, directly or indirectly, offer, attempt to offer, trade or attempt to trade in any item, the dealing of which is prohibited or restricted in any manner under the provisions of any applicable law, rule, regulation or guideline for the time being in force;
l. may give rise to liability on part of the Website or Vyapaary or cause any hindrance (in whole or in part) with respect to the services of ISPs or other suppliers of the Website or Vyapaary; and
m. link directly or indirectly to or include descriptions of items that are (i) prohibited under the User Agreement or any other applicable law for the time being in force including but not limited to the Indian Penal Code, 1860 and Information Technology Act 2000 as amended time to time and rules there under or (ii) are at the same time listed for sale on a website other than the Website. You shall not promote any website or webpage or link on the Website.
4. In case of any violation of the above provisions, Vyapaary has the right to immediately terminate the access or usage rights of the User to the Website without any notice and any such violating information that is displayed or submitted on the Website can be removed immediately and completely.
5. You shall be responsible for keeping backup versions of the information and data provided by You. You hereby agree that You will not expect Vyapaary to restore or keep back up of Your information and data and not hold the Website or Vyapaary accountable for any loss of data in any circumstances.
6. You agree and accept that Vyapaary is neither acting as trustee nor acting in a fiduciary capacity with respect to the Transaction or the Transaction Price, by providing the Vyapaary authorised payment gateway facility or any other method of payment to its Users.
7. You shall not, either alone or in conjunction with other Users, manipulate or attempt to manipulate the prices of any item being sold or purchased on the Website. You will also refrain from accessing information or databases in an unauthorized manner from Vyapaary or servers where information or databases are kept. 8. You shall not attempt to or circumvent or manipulate any of the obligations conferred on You by this User Agreement. If such attempt is discovered, it will constitute sufficient ground for termination of access to the Website and also for taking appropriate legal action.
9. In case of any transaction or attempted transaction pertaining to any item listed on the Website which is violating this User Agreement or applicable laws comes to Your knowledge, You shall forthwith take all steps to inform Vyapaary of such violation at info@Vyapaary.com and Support@Vyapaary.com.
10. If You choose to provide feedback on the Website which is visible to other Users, You shall exercise due care while making comments and not make any comments that are not factual in nature and shall not post defamatory or illegal or offensive/ obscene contents.
11. You undertake not to disclose or distribute any other User’s Information to a third party, or use the Information for any unauthorized purpose including for the purposes of marketing unless You have obtained the User’s express consent to do so.
12. You shall not place any advertisements on the Website in any manner. Further, You shall not use the Website to promote Your own or any other persons business or interests on the Website except for providing description on a listing for a specific item, unless permitted by Vyapaary in writing.

11. Disclaimers

1. Vyapaary is acting as a marketplace, where the Users are buying and selling items on the Website, and the liability of Vyapaary in such regard is limited as specified in Clause 12 below. The Users acknowledge that Vyapaary will not be liable for any damages, interests or claims etc. resulting from not processing or any delay in processing a Transaction/ Transaction Price which is beyond the control of Vyapaary. Vyapaary’s role in such dispute shall be limited to release of payment to the Users (i.e. buyer and seller).
2. Vyapaary does not make any representation or warranty as to the attributes (such as legal title, creditworthiness, identity etc.) of any of its Users. You are advised use Your best judgment and independently verify the bona fides of any particular User that You choose to deal with on the Website.
3. Services including the Vyapaary authorised Payment Gateway facility for electronic payment on an “as is” basis and without any warranty or condition, express, implied or statutory and specifically disclaim any implied warranties of title, merchantability, fitness for a particular purpose and non-infringement. Vyapaary specifically disclaims any such warranty. You expressly agree that the use of the Website and Vyapaary authorised payment gateway electronic payment facility is at Your own risk.
4. You release and indemnify Vyapaary and/or any of its officers, partners, employees and representatives from any cost, damage, liability or other consequence of any of the actions of the Users of the Website and specifically waive any claims that You may have in this behalf under any applicable law. Vyapaary cannot control the information provided by other Users, which is made available on the Website notwithstanding Vyapaary’s reasonable efforts in that behalf. You may find other User’s information to be offensive, harmful, inaccurate, or deceptive. Please use caution and practice safe trading when using the Website. Please note that there may be risks in dealing with foreign nationals, underage persons or people acting under false pretence.

12. Limited liability of Vyapaary

1. In no event shall Vyapaary or its partners, affiliates and employees be liable for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses arising (in any manner whatsoever, including but not limited to negligence) out of or in connection with the Website, Vyapaary authorised payment gateway facility, services provided by the Logistics Partner or any other services or this User Agreement.
2. Vyapaary’s liability in any circumstance is limited to the amount of charges/ fees, if any, paid by You to Vyapaary. Vyapaary provides no guarantee to its Users in respect of the products sold on the Website. Consequently, Vyapaary assumes no liability whatsoever for any monetary or other damage suffered by You on account of:
a. The delay, failure, interruption, or corruption of any data or other information transmitted in connection with use of the Website
b. Any delay, failure, interruption or errors in the operation of Vyapaary or the Logistics Partner or Vyapaary authorised payment gateway facility.

13. Indemnity

1. You shall indemnify and hold harmless Vyapaary and Vyapaary’s affiliates, third-parties and their respective officers, partners, directors, agents, and employees, from any claim or demand, or actions including reasonable attorneys’ fees, made by any third party or penalty imposed due to or arising out of Your breach of the User Agreement including the rules and policies incorporated herein by reference, or Your violation of any law, rules or regulations or the rights of a third party.

14. Consent and Privacy Policy

1. By using the Website and/or by providing Your information, You consent to the collection and use of such information disclosed by You on the Website on Vyapaary authorised payment gateway facility, by Vyapaary. The personal information / data including but not limited to the Information provided by the You to the Website/ Vyapaary authorised payment gateway facility during the course of a Transaction shall be treated as strictly confidential and retained in accordance with the privacy policy which is incorporated herein by reference and applicable laws and regulations including but not limited to Information Technology Act, 2000 and rules there under.
2. Vyapaary views the protection of User’s privacy as a very important community principle. Vyapaary clearly understands that You and the personal information provided by You is one of the most important assets to Vyapaary. Vyapaary stores and processes the information provided by You in computers located in India that are protected by physical as well as reasonable technological security measures and procedures in compliance with the provisions of the Information Technology Act, 2000 and rules made thereunder.

15. Breach

1. Without limiting other remedies that Vyapaary may pursue, Vyapaary may at its sole discretion take such action as it deems fit including but not limited to cancellation of the Transaction or payments made, limit Your activity, immediately remove Your information or listings, or end Your listing, warn other Users of Your actions, forthwith temporarily/indefinitely suspend or terminate or block Your membership, and/or refuse to provide You with access to the Website or initiate any legal action it may deem fit, particularly in the event:
a. You breach any of the provisions of this User Agreement including any of the rules and policies, documents, terms and conditions made thereunder which are incorporated therein by reference; b. Any misuse of the Vyapaary authorised payment gateway facility
c. Vyapaary is unable to verify or authenticate any information provided by You;

d. Vyapaary believes that Your actions may cause legal liability to t Vyapaary, other Users or Yourself.
2. No actions, omissions or decisions taken by Vyapaary shall waive any rights or claims that Vyapaary may have against the User.
3. Any User that may have been suspended or blocked may not register or attempt to register with the Website or use the Website in any manner whatsoever until such time that such User is reinstated by Vyapaary. Notwithstanding the above, if You breach the User Agreement or the rules and policies and other documents incorporated therein by reference, Vyapaary reserves the right to recover any amounts due and owed by You to Vyapaary and to take strict legal action including but not limited to referral to the appropriate police or other authorities for initiating criminal or other proceedings against You.

16. Grievance Redressal Mechanism

1. In case of any grievance, objection or complaint on Your part with respect to the Website, other Users, Vyapaary authorised payment gateway facility or Vyapaary, including any complaints or enquiry about suspension, termination or blocking of Your membership or right to use the Website, You should promptly raise such grievance or complaint with the designated Grievance Officer at info@vyapaary.com and provide him/her with all necessary information and/or documents to enable the Grievance Officer to resolve the issue.
2. The name and contact details of the Grievance Officer is published on the Website as required under the provisions of the Information Technology Act, 2000 and the rules made thereunder.

17. General

1. None of the provisions of this User Agreement shall be deemed to constitute a partnership or agency between You and Vyapaary and You shall have no authority to bind Vyapaary in any manner whatsoever.
2. Except as explicitly stated otherwise, any notices directed to Vyapaary shall be given by email to info@Vyapaary.com and Support@Vyapaary.com and any notices to You by Vyapaary shall be provided to the email address provided by You during the registration process. Notice shall be deemed given 24 hours after email is sent, unless the sending party is notified that the email address is invalid. Alternatively, Vyapaary may give You notice by registered mail, postage prepaid and return receipt requested, to the address provided to us during the registration process. In such case, notice shall be deemed given 3 days after the date of mailing.
3. If any clause of this User Agreement or the application thereof to any User or circumstance shall be deemed invalid, void or for any reason unenforceable to any extent, the remainder of this User Agreement and the application of such unenforceable provision to Users or circumstances other than those as to which it is held invalid or unenforceable shall not be affected thereby, and each provision of this User Agreement shall be valid and enforceable to the fullest extent permitted by law.
4. This User Agreement together with the rules and policies incorporated herein by reference constitutes the entire understanding and agreement between You and Vyapaary with respect to the subject matter herein.
5. Vyapaary at its sole discretion shall be entitled to assign or transfer its rights and obligations under this User Agreement hereunder to any other person without Your prior consent provided that Vyapaary assigns this User Agreement on the same terms or such terms that are no less favourable to You.
6. All remedies of Vyapaary under this User Agreement whether provided herein or conferred by statute, civil law, common law, custom or trade usage, are cumulative and not alternative and may be enforced successively or concurrently.

18. Restrictions

You are specifically restricted from all of the following: 1. publishing any Website material in any other media;
2. selling, sublicensing and/or otherwise commercializing any Website material;
3. publicly performing and/or showing any Website material;
4. using this Website in any way that is or may be damaging to this Website;
5. using this Website in any way that impacts user access to this Website;
6. using this Website contrary to applicable laws and regulations, or in any way may cause harm to the Website, or to any person or business entity;
7. engaging in any data mining, data harvesting, data extracting or any other similar activity in relation to this Website;
8. using this Website to engage in any advertising or marketing.
Certain areas of this Website are restricted from being access by you and Vyapaary may further restrict access by you to any areas of this Website, at any time, in absolute discretion. Any user ID and password you may have for this Website are confidential and you must maintain confidentiality as well.

19. Your content

In these Website Standard Terms and Conditions, “Your Content” shall mean any audio, video text, images or other material you choose to display on this Website. By displaying Your Content, you grant Vyapaary a non-exclusive, worldwide irrevocable, sub licensable license to use, reproduce, adapt, publish, translate and distribute it in any and all media. Your Content must be your own and must not be invading any third-party's rights. Vyapaary reserves the right to remove any of Your Content from this Website at any time without notice

20. Arbitration

1. If any dispute arises between You and Vyapaary during Your use of the Website or the Vyapaary authorised payment gateway facility or any service incidental to the Website or thereafter, in connection with the validity, interpretation, implementation or alleged breach of any provision of the User Agreement or the rules, policies and documents incorporated herein by reference, the dispute shall be referred to a sole arbitrator who shall be an independent and neutral third party identified by the parties mutually, whose decision shall be final. The place of arbitration shall be Vadodara, Gujarat. The Arbitration & Conciliation Act, 1996, shall govern the arbitration proceedings. The arbitration proceedings shall be in the English language.

21. Governing law

1. This User Agreement and all rules, policies and documents incorporated by reference shall be governed and construed in accordance with the laws of India and the Courts in Ahmedabad shall have exclusive jurisdiction. This document is an electronic record in terms of Information Technology Act, 2000 and the amended provisions pertaining to electronic records in various statutes as amended by the Information Technology Act, 2000. This electronic record is generated by a computer system and does not require any physical or digital signatures.