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Disclaimer

Disclaimer and safe dealing guide

Version 2026-10-06. In force from 6 October 2026. This Disclaimer forms part of our Terms.

1. ClearLot only lists and introduces

Software Today ("ClearLot") shows stock that businesses want to clear on its stock board, and introduces those businesses to businesses that buy in bulk. We do not buy, sell, own, store, inspect, value or transport goods. We are not the agent or broker of any seller or buyer, we do not handle the price of goods, and we are not a party to any deal. Every deal is made directly between the seller and the buyer, at their own risk.

2. We do not check or guarantee the goods

Every listing on the stock board, and every photograph in it, comes from the seller. Our team reads a listing before it is shown and removes contact details, but we do not inspect the goods and we do not confirm that they exist, who owns them, or their quantity, quality, condition, age, expiry dates, genuineness, value, or whether it is legal to sell them. Photographs may not show the whole lot or its present condition. Any price, quantity or description is the seller's statement, not ours, and a lot may be sold or withdrawn at any time.

3. We do not guarantee the people

Where we say a buyer or seller has been "checked" or "verified", it means only that we carried out limited checks on that date, such as a phone call and a comparison of business details with public registration records. A "Verified" badge on a lot means the same limited checks were made on the seller's business documents. It says nothing about the stock itself. A "Featured" lot is a paid placement chosen by the seller. It is advertising, not a recommendation. None of this is a guarantee of anyone's honesty, ability to pay, ability to deliver, or future conduct. Do your own checks every time.

4. No promise of a result, and no advice

  • We do not promise that any stock will find a buyer, that any buyer will find stock, or that any deal will be agreed, paid for or completed. Our tagline and marketing describe what we aim for. They are not a promise about any particular lot.
  • Nothing on this website or said by our team is legal, tax, financial or valuation advice. Take your own professional advice before a deal.
  • Figures, examples and timelines on this website are illustrations only.

5. Stock finance

ClearLot is not a bank, a lender or a loan agent. We do not give, arrange, approve or promise loans. A stock finance enquiry is only a request that we pass your details to lenders regulated by the Reserve Bank of India. The lender alone decides whether to lend and on what terms. ClearLot never asks you for a processing fee, a deposit or any other payment for a finance enquiry. If anyone does so in our name, do not pay, and tell us.

6. Brand names

Brand names and trade marks belong to their owners. If a brand is mentioned in connection with a lot, it does not mean that ClearLot is connected with that brand or that the brand owner has approved the sale.

7. People misusing the ClearLot name

  • ClearLot never asks you to pay for goods, or to pay an advance, deposit or token amount for goods.
  • ClearLot never asks for a payment in cash, to a personal account, or to any account that is not in our registered business name.
  • Channel partners are independent businesses. They cannot accept money or make promises on our behalf.
  • Trust only the contact details shown on this website. If someone using our name asks you for money, a "registration fee", a "security deposit" or a certificate charge, do not pay, and tell us at once.

8. Before you pay or dispatch: safe dealing guide

Bulk stock deals carry real risk of fraud and loss. These steps reduce it. They do not remove it, and following them is your own responsibility.

If you are buying

  • Look up the seller's GSTIN on the government GST portal. The legal name there should match the name on the invoice and on the bank account you pay.
  • See the goods yourself, or send someone you trust, before you pay. Count or weigh them and check the dates, batch numbers, labels and packaging.
  • Ask for purchase invoices or other proof that the seller owns the goods. For branded goods, ask how the seller obtained them and whether the brand owner allows the sale.
  • Put the deal in writing: quantity, quality, price, taxes, and what happens if the goods do not match.
  • Pay by bank transfer to an account in the seller's business name. Never pay into a personal or third-party account.
  • Avoid paying the full amount in advance. Pay against loading or delivery, or in stages.
  • Make sure a GST invoice, and an e-way bill where one is required, travel with the goods.

If you are selling

  • Check the buyer's GSTIN, and the identity and authority of the person you are dealing with.
  • Release goods only after the money shows in your own bank statement. A screenshot, a message or a reference number is not payment. Wait for a cheque to clear.
  • Accept payment only from an account in the buyer's own business name.
  • If you give credit, agree the terms in writing and consider taking security.
  • Tell the buyer the true condition, age and expiry dates of the goods in writing.
  • Hand goods only to the buyer or to a transporter the buyer has named in writing, and get a signed receipt.
  • Issue a proper invoice and transport documents for every dispatch.

For both sides

  • Keep cash out of the deal. Income-tax law penalises anyone who receives ₹2 lakh or more in cash from one person in a day, for one transaction, or for one event or occasion.
  • Keep copies of every message, invoice, receipt and photograph.
  • Walk away, and tell us, if anyone presses you to hurry, to pay a personal account, to split or skip the bill, to change dates or labels, or to deal in cash.

9. This website

We try to keep this website accurate and available, but we do not promise that it will be free of errors or interruptions. Links to other websites are for convenience, and we are not responsible for their content.

10. Our liability

To the fullest extent the law allows, ClearLot is not liable for any loss arising from a deal, a failed deal, any goods, or the conduct of any seller, buyer, channel partner or third party. The limits in clause 19 of the Terms apply.

11. Report a problem

To report illegal goods, a dishonest seller or buyer, or misuse of our name, contact our Grievance Officer, Sumit Rawat, at sumitnrawat@gmail.com. If you have lost money to fraud, also report it to the police and to your bank without delay.

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