|Summary of terms for distributor|
|Eligibility criteria||Person aged minimum 18 years, educated, having good reputation in the market.|
|Financial requirement||Initial Rs.4,00,000/- (Rupees four lac) only|
|Infrastructure||Well-equipped office & MMV (Medium Motor Vehicle)
Godown duly approved and licensed by Explosive Deptt.
|Security Deposit||Rs.1 lac against 5% 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||One district or in city with mutual consent|
|Quantum of business||20,000 domestic connections & no limits for commercial/industrial supply.|
|Statutory provision||Shop establishment, GST registration, Local, if any.|
|Rates||Changed as per the international market every month.
Refer customer price list on website.
|Procurement||Procurement from plant|
|Supply||Delivery of cylinders to the dealers/retailers/mini retailers/consumers at doorstep|
|Maintenance of stock||Stock for 3 day’s supply & 20 new connections|
|Return on investment||Connection: Domestic- Rs.480; Mini- Rs. 318; Commercial- Rs. 240
LPG: Rs. 6 P.kg in big cylinder & Rs. 7 P.kg in mini cylinder
Initially: Rs.8.04 Lac
Regular: Rs. 76.83 Lac PA
|Support from company||
|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 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