|Summary of terms for mini retailer|
|Financial requirement||Initial Rs.10,000/- (Rupees ten thousand) only.|
|Infrastructure||No need of office and godown. He can keep 100 kg of LPG at his shop or home|
|Security Deposit||₹10,000/- against 5% simple interest per annum on maturity|
|Jurisdiction/area||One bazaar or locality prescribed by mutual consent|
|Quantum of business||1,000 mini connections & no limit on booking of commercial/industrial supply.|
|Statutory provision||Shop establishment, GST registration, Local, if any.|
|Rates||Changes as per international market every month.
Refer customer price list on website.
|Procurement||Procurement from distributor/plant|
|Supply||Supply of cylinders to the consumers from his shop.|
|Maintenance of stock||Stock less than 100kg & 3 new mini connections.|
|Return on investment||On connection of mini cylinder & domestic: Rs.200/- , commercial: Rs. 110/-
Booking of refill in a big cylinder: Rs. 2/- P.kg.
Sale Terms of appointment of refill in mini cylinder: Rs. 5/- P.Kg
Can charge cartage extra from customer against delivery at doorstep.
Regular income: as per business volume
|Support from company||i. Training at business associates/company’s office.
ii. Provide printed stationery at reasonable rates, if desired by the associates.
iii. 50% share of the salary/expenses/incentive of liasioning assistant and surveyor engaged on the terms laid down by the company to establish and develop his business as well as for publicity in his area.
iv. Loan to consumer for connection @ Rs. 1000/- only as per terms of consumer loan scheme.
v. Help in lodging complaints/ FIR against the illegal traders through association.
|Publicity||Share basis with company & associates|
|Submission of report/returns||Submit periodical reports/returns to the company|
|Surrender of associationship||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