|Summary of terms for customer representative|
|Eligibility criteria||Person aged minimum 18 years, educated, having good reputation in the market.|
|Financial requirement||Initial Rs.1,10,000/- (Rupees one lac and ten thousand) only.|
|Infrastructure||The applicant can do business without godown or shop by keeping 100 Kg. LPG at his room & three-wheeler.|
|Security Deposit||Rs. 0.20 lac against 5% simple interest per annum on maturity.|
|Terms of appointment||Three years with the provision for further renewal by mutual consent.|
|Jurisdiction/area||Prescribed by the company with mutual consent.|
|Quantum of business||There will be no limit of connection/supplies|
|Statutory provision||Local, if any.|
|Rates||Changed as per the international market every month.
Refer customer price list on website.
|Procurement||Procurement from company/associate godown & return in the evening.|
|Supply||Delivery of cylinders to the consumers at doorstep. Follow guidelines ‘supply under interim arrangement’.|
|Maintenance of stock||100 Kg. in room.|
|Return on investment||Connection : Domestic- Rs.310; Mini- Rs. 220; Commercial- Rs.190
LPG : Rs. 4 P.kg in big cylinder & Rs. 5 P.kg in mini cylinder
Regular: Rs. 27,000/- P.M.
|Support from Company||i) Training to sales representative, accountant, clerk and any other staff appointed by the customer representative at business associate/company’s office.
ii) Provide printed stationery at reasonable rates, if required.
iii) Allow customer representative to recommend mini retailer in his area as per terms and conditions framed by the company to boost his sale.
iv) Loan to consumer for connection @ Rs. 1000/- only on submission of documents mentioned in the consumer loan scheme.
v) Allow customer representative to search the industries for providing gas bank in any area at very reasonable terms against the commission in installation and supply of LPG.
vi) Provide cylinders against 50% security in case customer representative supply in commercial/Industrial units without security of cylinder as per policy of the company.
vii) Support in arranging funds from the banks/financial institutions against collateral for purchase of cylinder and vehicle for loading unloading & working capital. However, in any case, company can introduce his associate concern in partnership.
|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 appointed by managing director of the company and the 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