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
the Company you agree to the collection and use of your data by the Company in the
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