1. Eligibility & Authorization
By registering, you confirm and warrant that: (a) you are duly authorised by your company to place bids and enter legally binding commitments on its behalf; (b) your company holds a valid Commercial Registration (CR) in the good standing in the applicable jurisdiction; (c) your company is not subject to any sanctions or legal restrictions preventing participation; and (d) all registration information provided is accurate, complete, and current. The platform operator reserves the right to verify CR numbers and reject or suspend inaccurate registrations.

2. Binding Bids
All bids placed are legally binding and irrevocable offers to purchase at the bid price, subject to final award by the platform operator. Bids cannot be withdrawn, cancelled, or amended after submission.

3. Award & Payment
The platform operator reserves the sole and absolute right to accept or reject any bid, to withdraw any asset, and to cancel or postpone any auction. The winning bidder must pay the full bid amount within seven (7) Business Days of formal award notification. Failure to pay may result in disqualification, forfeiture of any deposit, exclusion from future auctions, and legal action. Title passes only upon receipt of full payment.

4. Confidentiality & Anonymity
Bidder identities are kept confidential and anonymised from other participants during auctions. Disclosure or collusion is strictly prohibited and may result in disqualification and legal proceedings.

5. Conduct & Integrity
Fraudulent or manipulative bidding is prohibited. Participants must comply with the platform's anti-bribery requirements — no gift or inducement may be offered or received in connection with participation. The operator may disqualify any participant at its sole discretion.

6. Platform Use
Participants are responsible for maintaining a stable internet connection. The platform is not liable for losses arising from technical failures on the Participant's side. Login credentials must not be shared.

7. Data Protection
Your personal data is processed in accordance with applicable Personal Data Protection Law (Decree Law No. 30 of 2018). Registration and bid data is retained for a minimum of five (5) years for audit and compliance purposes. Contact info@bnet.com.bh to request access to your data.

8. Governing Law
These Terms are governed by the laws of the applicable jurisdiction. Any disputes shall be submitted to the courts of the applicable jurisdiction, which shall have exclusive jurisdiction.