TERMS AND CONDITIONS
Raanmat.com - Independent Distributor Agreement
1. The applicant must be 18 years or above of age and shall be competent to enter into the contract as provided in the Indian Contract Act.
2. Raanmat Marketing Private Limited (herein after referred as the “Company”) reserves all rights, whether to accept the application of applying to become an Independent Distributor (herein after referred as the “Distributor”) or reject whatsoever and it is final and binding on the applicant. On selection as Distributor a unique identification number will be issued. He / She from thenceforth is eligible for certain incentives like discounts, bonuses, Rewards or any other income as detailed in the business plan of the Company.
3. An individual can have only one Distributor ID on his/her name with the Company.
4. The distributor is a non-exclusive contractual. The distributor is not an agent, employee, partner or legal representative of the Company for any purpose whatsoever. He / She shall be responsible for his/her own business and compliance of the central, state and local statutes and regulations and all applicable laws.
5. The distributor shall abide by sales policy, Rules, Procedures, Terms and Conditions of the Company in vogue or as amended anytime in the future.
6. There is no any kind of Salary / Fixed Income / Commission / Bonuses / Incentives / Rewards etc. All are based on the sale volume generated by the Distributor himself/herself as well by his/her team and are calculated as per Compensation pay plan of the Company. Company reserves the right to change Business Volume Points (RMAP / BV), other components of pay plan and method of Pay Plan at any point of time without prior notice.
7. Without prior approval from the Company, Distributor shall refrain from:
a) Promoting Company’s products/activities through any form of advertisement.
b) Recruiting new Distributor through any type of media.
8. Company shall no way be responsible for any past, present or future liability incurred by the Distributor while conducting business with the Company.
9. Distributor can purchase Company’s products at Distributor price and shall sale to customers at MRP (Maximum Retail Price) printed on the product pack label.
10. All taxes, duties, government levies applicable to sales made by the Distributor shall be payable by the Distributor as per the procedure and law of the land.
11. Goods and Services Tax (GST) on the income of the Distributor (if applicable) will be duly paid by the Distributor to the Government on due basic as per applicable norms.
12. Any other taxes, levies on and above the income of the Distributor earned from the Company will be borne and duly paid by the Distributor to the concern authorities as per applicable norms.
13. Distributor shall promote Company’s products in accordance with the contents of Company’s printed document & support material supplied by the Company and prohibited to make any amendments thereto or revision thereof by the Distributor.
14. Distributor can neither claim that the product is a cure for diseases nor he/she should do any diagnosis and suggest treatment unless he/she is a registered medical practitioner.
15. Distributor shall not sale Company’s products to or through retail outlets/shops as it is contrary to the Sales Policy of the Company. Distributors only can sale products thorough company franchise stores.
16. Distributor will seek prior permission of the Company before selling or supplying products to or through E-Comm. Companies and Online Marketplace.
17. TDS will be deducted as per the prevailing rules and regulations formulated by the Government.
18. Company is having the absolute rights to terminate the Distributorship, in the event of failure on part of the Distributor, to comply with the terms and conditions and code of ethics. Prior notice will be served in such cases. Without notice also can deactivate the user rights in case found violating code of conduct.
19. A terminated Distributor can work only after completing the date of termination. Surrender of Account: In case IBA wants to surrender their account, need to submit written request and account will be terminated and all rights will be ceased. If respective accounts holder/IBA wants to work, only can apply after 180 days from date of submission of previous surrender.
20. Return Policy:
a) In case Distributor has received any damaged product, he/she can exchange it from where he/she has got the delivery of the same within 7 Days of the delivery.
b) Distributor can return unsold products to Company within 30 days from the date of purchase with original Invoice as per return policy of the Company. Such products are must be into resalable condition.
21. Cooling off Period: Distributor can surrender his/her business within 30 days from the date of sign up under Cooling off Period. They can return unsold products to Company with original Invoice as per return policy of the Company. Such products are must be into resalable condition.
22. Distributor will never make any false claims of high incentives, income and about business opportunities. He/she has to communicate Company’s business plan in Toto without any changes.
23. For all purposes, only the English version of printed material from the Company will be taken as an official copy
24. Distributor is bound to Re-Sell, Distribute and Market Company’s products within the territory of India only.
25. Company is the authority to interpret the rules, regulations, instructions and sales policy applicable to and governing the conduct of the Distributor.
26. Before visiting any prospect, for product selling or business presentation, Distributor will always take prior appointment as well will carry his/her Distributor identity card.
27. Distributor cannot become distributor with as well actively participate in any role into activity of any other direct selling entity, violation of this will result into termination from being a Distributor with the Company. Prior notice will be served in such cases.
28. Distributor must not make any negative or disparaging / abuse remarks about the Company.
29. Company reserve the right to change, modify and alter the compensation plan, rules, regulations, prices, terms, conditions and code of ethics, code of conduct with / without any prior notice or intimation to the Distributor.
30. The applicant should read, understand all the Rules, Policies, Terms, Conditions and code of ethics mentioned in this agreement and seek all clarification and explanations from his sponsor before signing up this online application form.
31. Any dispute, differences or claims arising out of as in connection with this agreement is subject to Arbitration and shall be referred to the sole Arbitrator under the Arbitration Act and Rules. The venue of such arbitration shall be at Uttar Pradesh, Agra and the award of the Arbitrator shall be final and binding on all parties. The courts at Uttar Pradesh, Agra shall alone have jurisdiction in relation to this Arbitration Agreement and any award arising there from.
32 Raanmat Marketing Private Limited is a Company incorporated under The Companies Act - 2013, registered with the Registrar of Companies, Agra and having its registered office at Shekhpur , Mitawali 283201, Uttar Pradesh. All disputes or differences shall be adjudicated upon by a court of an appropriate jurisdiction at Agra, Uttar Pradesh only.
I agreed and confirms that - I have read, understood and agreed to the above rules, terms and conditions