01 · Scope
Each engagement is governed by a signed engagement letter that names the subject or the transaction, the deliverable, the fee and the delivery date. These terms apply to that engagement except where the engagement letter says otherwise, in which case the engagement letter prevails.
02 · Fees
Fees are quoted on request, case by case, against the complexity of the matter and the checks and intelligence the work requires. An indicative quotation in USD is given before any work begins, and the agreed fee is recorded in the engagement letter. If the scope changes — additional entities, additional directors, a deeper litigation review — we quote the change and wait for your instruction before proceeding.
On high-value facilitation mandates the fee basis, the structure and the terms of engagement are discussed with you once the matter is understood, and are set out in the engagement letter before work starts. Third-party costs — inspection, freight, statutory charges — are passed through at cost with documentation.
03 · Timelines
Any period we quote, on this website or in correspondence, is tentative. It indicates how long the work usually takes and will vary on a case-by-case basis, according to the complexity of the entity, the depth of intelligence required as the work proceeds, and the responsiveness of the records concerned.
The delivery date recorded in the engagement letter is the date we work to. Where a register is slow to respond or the picture widens once searching begins, we tell you at the time rather than after the date has passed.
04 · What a report is
A verification report is a record of what the named public registers said on the dates we searched them, read by qualified people and closed with our own risk rating and verdict. Every finding cites its source and search date so that a third party can retrace it, and the source documents relied on are annexed. A named partner signs the report.
05 · What it is not
A report is not a credit rating, an audit, a legal opinion, a guarantee of performance, or a recommendation to trade. Our risk rating is an aid to your own decision, not a substitute for it. The decision to contract, to ship or to release funds remains yours.
Registers carry their own statutory reporting lags and their own errors. Where a lag or a conflict is material to your decision, the report says so rather than implying more currency than the source supports.
06 · Facilitation mandates
On sourcing, buying and buyer-discovery mandates we act as your agent within the authority the engagement letter grants. We do not take title to goods unless the engagement letter expressly provides for it, and we do not hold client funds in escrow.
We decline work where the licence position, the end-use position or the sanctions position cannot be evidenced. That decision is not negotiable, and any fee paid for work not performed is returned.
07 · Confidentiality
Work is delivered under NDA and, where required, white-label to your own template. Your identity is not disclosed to the subject of a report. Reports are prepared for your use and may be shared with your advisers, bankers and insurers; they may not be published or resold without our written consent.
08 · Liability
Our aggregate liability arising out of an engagement is limited to the fee paid for that engagement, except in the case of fraud or wilful misconduct, where no limitation applies. We are not liable for the acts or omissions of a counterparty, a carrier, an inspection agency or a bank.
09 · Governing law
These terms are governed by the laws of India, and the courts at New Delhi have exclusive jurisdiction. Questions about these terms: admin@nexirisglobal.com.