| Summary of Business Associates | |
|---|---|
| Eligibility criteria | The applicant should be well educated and belong to marketing zone with initiative, zeal and organizing capacity, preferred F.C.A. |
| Infrastructure | Well-equipped office of 93 sq. mtr. area (1000 sq. ft.) |
| Security deposit | Rs.10.00 lac against 8% simple interest per annum on maturity. |
| Franchisee fee | ₹. 50,000/- (Rupees fifty thousand) only one time with security deposit (Non Refundable) . |
| Terms of appointment | Three years with the provision for further renewal by mutual consent. |
| Jurisdiction/area | 20 districts or more as per requirement and agreement. |
| Statutory provision | Local, if any |
| Rates | Changed as per international market every month. Refer customer price list on website. |
| Responsibility | Work as franchise to operate zonal office of the company. |
| Return on investment | 3% of level-II & III associates, 1% of level-I associates ; On sale of LPG Rs.0.50 p.kg. On Auto LPG Rs.0.20 p.ltr. Commission on investment: Rs.44.25 lacs, Monthly income: Rs.82.81 lacs. |
| Publicity | Share basis with company & associates |
| Submission of report/returns | Submit periodical reports/returns to the company |
| Surrender of association | 3 months’ notice in writing but not before one year. |
| Arbitration clause | In case, any dispute arises between the parties, it will be referred to the sole arbitrator to be appointed by managing director of the company and jurisdiction will be Delhi only. |
| Miscellaneous provisions |
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