Fabric / Cloth Supply Agreement
Fabric / Cloth Supply Agreement — this contract typically follows the general framework of this category in Bangladesh. Garments and textile agreements — export purchase orders, dyeing / washing / printing service contracts, buyer-supplier agreements, subcontracting, labour-supply, machine-hire — are the paperwork of Bangladesh's largest export sector. RMG contracts are unusual because the buyer's terms (from a global brand) are typically non-negotiable and the supplier's contract is often just a series of purchase orders governed by the brand's master terms. That structure works well for the buyer but leaves the supplier heavily exposed on cancellation, price changes, and quality-claim risk — so the contracts around the main PO (subcontracting, dyeing, packaging) are where the supplier can and should push back for reasonable terms.
What this agreement typically contains
- Full identity of both parties — name, address, NID, phone
- Concise description of the fabric / cloth supply agreement's subject-matter
- Term of the agreement / effective dates
- Any financial amount (in figures and words) and payment schedule
- Clear obligations and undertakings of each party
- Remedies and consequences on breach
- Dispute-resolution path (negotiation / mediation / court)
- Signatures of both parties and, if needed, witnesses
Frequently asked questions
- Is a digital agreement on ChuktiQ legally valid in Bangladesh?
- Yes — Sections 6 and 7 of the ICT Act, 2006 give electronic records and OTP-verified electronic signatures the same legal recognition as their paper equivalents. Two important exceptions apply: (a) documents that a specific statute requires to be executed on non-judicial stamp paper or registered — such as land sale / transfer deeds under the Registration Act — still need that stamp / registration in addition to the digital record; and (b) family-law instruments (marriage, divorce, will) follow their own governing statutes. Where either exception applies to your specific agreement, ChuktiQ shows a clear notice on that page.
- What stamp duty and registration apply to this type of agreement?
- That depends on the specific instrument type and, for many instruments, the amount involved — the Stamp Act, 1899 and the Registration Act, 1908 supply the rules. Most ordinary private contracts (loan notes, service agreements, MOUs, NDAs, general contracts) run on Tk. 300 non-judicial stamp with no registration. Certain instrument types have higher requirements — partnership deeds, sale or purchase of immovable property, leases longer than one year, gift deeds, powers of attorney used for property transfer, and others. Before executing this specific agreement, confirm the correct stamp denomination and any registration formality with a lawyer, especially if any significant value or long-term commitment is involved.