|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