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.
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% on investment of 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 The acceptance or rejection of the application is at the sole discretion of the company.
The company reserves the right to change, amend, add or delete any/all clauses
All disputes are subject to jurisdiction of Delhi courts only
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