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PRIVACY STATEMENT

MatexNet Pvt Ltd (hereinafter referred to as the Company) which operates the portals matexnet.com, matexmotors.com, matexretail.com and matexspares.com, are basically sites which aid in disposal/procurement of goods and inventory. This is a platform to advertise and conduct of online auctions.

Since we are strongly committed to your right to privacy, we have drawn out a privacy statement with regard to the information we collect from you. You are advised to please read the Privacy Policy carefully. By accessing the services provided by the Company you agree to the collection and use of your data by the Company in the manner provided in this Privacy Policy.

MatexNet Pvt Ltd acknowledges the importance of protecting your personal, financial and transaction information. MatexNet Pvt Ltd assures you that the information made available to us will be kept in strict confidentiality and we will use the information only to help us to service your account better, to provide you with products and services that you may have requested, and to inform you about other products and services that may be of interest to you. We do not sell your personal information to third parties.

The Company does not store the credit card information of any online transactions that might take place in any of its sites.

MatexNet Pvt Ltd shall protect the personal details received from you with the same degree of care, to prevent the unauthorized use of the information as we protect our own confidential information of a like nature. However, the Company shall use your personal information to improve our services to you and to keep you updated about our new products or information that may be of interest to you. The information collected from you would be used in the right spirit and context in which it is intended to be used.

Under certain circumstances MatexNet Pvt Ltd may be required to share the information with the third parties, for analysis, where we feel they can contribute to add value and improve the quality of services provided by us to you. MatexNet Pvt Ltd shall take all reasonable steps to ensure that the confidentiality of your information is maintained by imposing strict confidentiality requirements on all the third parties with whom we may part with the information.

However, the Company may have to share your personal information wherever it is required to be disclosed under law to any of the governmental/statutory agency or regulatory bodies.

 
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