Terms & Conditions

1. Terms of Website Use

These Terms and Conditions govern the access to and use of the website www.accsl.co.in (“Website”) operated by Akshat Credit Co Operative Society Limited. By accessing or using this Website, the user acknowledges that they have read, understood, and agreed to be bound by these Terms.

2. Nature, Legal Status and Character of the Society

Akshat Credit Co Operative Society Limited is a member-based, non-profit oriented multi-state cooperative institution registered under the Multi-State Cooperative Societies Act, 2002. It functions under statutory oversight and follows cooperative principles and regulatory compliance.

The Society is not a private company or government agency. Any government reference on the Website is made only for regulatory compliance and cannot be interpreted as governmental affiliation.

3. Purpose & Scope of the Website

The Website provides general information about the Society, its objectives, governance, policies, notices, and compliance-related disclosures. Nothing on the Website shall be construed as an offer of benefits, employment, contracts, or services unless issued through a formal written document approved by the competent authority.

4. Engagement, Empanelment & Cooperative Processes

References to empanelment or collaboration on the Website do not create any right, entitlement, or guarantee of work. Empanelment is for capability assessment only, not a contract or work order.

5. User Conduct and Responsibilities

Users must act in good faith and refrain from misuse, impersonation, or unauthorized claims of association with the Society. Misrepresentation may lead to legal action.

6. Intellectual Property

All content, logos, documents, and website elements belong to the Society. Reproduction or modification without permission is prohibited.

7. Disclaimer Regarding Government Affiliation

Nothing on this Website shall imply that the Society is a government body. The Society is a regulated cooperative institution with independent functioning.

8. Limitation of Liability

The Website information is provided on an “as-is” basis. The Society is not liable for errors, omissions, technical issues, or reliance-related losses.

9. Privacy & Data Protection

This Website is governed by the Society’s Privacy Policy. Users must review the policy to understand data processing and protection.

10. External Links

The Society is not responsible for third-party website content or practices.

11. Governing Law & Jurisdiction

These Terms shall be governed by Indian law. Jurisdiction: New Delhi (unless otherwise required by law).

12. Amendments

The Society may update these Terms anytime. Continued use implies acceptance.

Vendor Empanelment Policy

1. Preamble & Legal Status

Akshat Credit Co Operative Society Limited is a multi-state cooperative society registered under the MSCS Act, 2002. This Vendor Empanelment Policy defines a transparent and fair process to evaluate and empanel vendors.

2. Objective of Vendor Empanelment

• Assess credentials and capabilities of vendors
• Create a structured vendor database
• Enable compliant implementation of Society activities
• Ensure transparency and prevent ad-hoc practices

3. Nature & Effect of Empanelment

Empanelment:

• Does NOT assure work or contract
• Does NOT create a commercial obligation
• Does NOT offer exclusivity or continuity

Any engagement requires separate approval and written agreement.

4. Scope of Vendors

• Manufacturers & suppliers
• Service providers & consultants
• Contractors & agencies
• Cooperative and allied organisations

5. Eligibility Criteria

• Valid legal existence
• PAN, GST, and relevant registrations
• Experience and technical ability
• No blacklisting or adverse findings

6. Empanelment Process

• Submission of application
• Scrutiny of documents
• Verification and evaluation
• Committee recommendation
• Final approval

7. Annual Empanelment Processing Fee

The fee is:

• Non-refundable
• Not a security deposit
• Not a guarantee of work
• Purely for administrative purposes

8. Revision of Fee

The Board may revise the fee at any time. Changes apply prospectively.

9. Validity & Review

Empanelment is valid for a defined period and subject to renewal based on compliance and performance.

10. Suspension or Removal

• False or misleading information
• Statutory non-compliance
• Adverse findings or misconduct

11. Confidentiality

Documents submitted will be used only for internal evaluation and maintained with confidentiality.

12. No Right to Claim

Empanelment does not create any claim for work, compensation, or refund.

13. Governing Law

MSCS Act, 2002 and applicable Indian laws.

14. Policy Amendments

The Society may modify or withdraw this Policy anytime as required.

Contact Information

For queries: info@accsl.co.in