Terms & Conditions

 

• (1). The applicant should be major and also otherwise eligible to enter into contract.
• (2). The application once accepted will create a binding on the said applicant to operate his/her own business i.e. agency/Distributorship with the company and to abide by all the rules, regulation, policies and procedures as detailed herein and amended by the company from time to time at its sole direction.
• (3). The applicant upon joining known as customer is an independent contractor (for all purposes, legal purposes, including income tax and otherwise) and is not an employee/legal associate/agent of the company or any other customer nor a partnership is created between the costumer and the company or any other customer by this agreement.
• (4). That the customer is purchasing a membership which entitles him to commission/incentive as per the marketing plan of the company. That the various type of membership offered are as per the broachers of the company. The membership entitles him to the benefits as described in the marketing plan/brochure of the company solely dependent on the type of membership he/she purchases from the company. No guarantees as to the amounts of income are given or intended to be given by the company. Incentives/commission if any, earned by independent Agent are solely linked to the efforts put by him in marketing the membership of the company.
• (5). Payment by the applicant should be made only by way of Draft/credit card/scratch card (issued by the company) in favor of (Cash Gain India) payable at Ghaziabad The payment once made is refundable only as per the refund policy of the company as outlined in clause No.6.
• (6). The company reserves the right to refund any money received by it on any account. However no application for refund of any money shall be entertained after thirty days from the time the person purchased the membership. In case a refund is accepted by the company the company will issue a Reliance policy in lieu of the refund.
• (7). The customer shall not use the trade mark, patents or any other intellectual property like business information/literature for purpose other than promotion of business of the company.
• (8). The customer is joining the company as independent associate as per his/her own outstanding of the company products and the company marketing plan and without personal obligation to anyone. The customer agrees that he/she has understood the complete business plan also understand s that the company does not owe him/her any money in the future in respect to his/her joining.
• (9). In the event of death of the customer all the rights and liabilities stand passed on to the nominee, if specified or in case no nominee is mentioned to the nominee as per law. The nominee will be bound by the terms and conditions of the original customer.
• (10). The company holds the rights to carry out changes in the business plan .the product range on sale .services etc. in the interest of the company and the customer shall abide the changes affected.
• (11). The customer pay all type of charges including service charges, meeting fees promotion charges , advertisement charges and any other fees or service charges as required by company for mutual betterment of the company and the customer.
• (12). The company shall have all the rights to reject the application/distributorship without assigning any reason at any point of time and the company holds the rights to terminate the membership if any statement filled in the application form is found to be false or misleading.
• (13). The company holds the right to take strict action including warning ,suspension and termination of distributorship if any customer is found guilty on any of the following group i.e.
  • • If a customer acts against the interest of the company or any other customer.
  • • If any customer is found to be engaged in any other Multi-level marketing/Network marketing company or similar schemes.
  • • If any customer is engaged/starts a ligation against the company or any other customer.
  • • If any customer is found guilty of re-introducing/fleecing/try to fleece by giving any false promises or any other way, any person introduced into the company by another customer within 3 months of the first introduction.
  • • If found guilty of misrepresentation/fraud about the claim or the membership of the company.
• (14). The right of terminated customer to receive incentive/commission ceases immediately from the date of termination. the right of suspended customer to receive incentive shall be as decide by the company on a case to case basis.
• (15). The company does not issue any kind of units, shares, debentures of any customer.
• (16). The company does not accept any deposits from any customer nor are any interest payments made.
• (17). The parties to this agreement do not owe any criminal liability on account of entering into the agreement.
• (18). The distributorship rights of the customer cannot be sold, assigned and transferred to any other person without the prior written consent of the company.
• (19). Every customer understands that although he/she may refer other people to the program and earn, but the company does not make any promises or guarantee of income flowing to the customer, apart from what he derives from his/her efforts by working according to the program and the business plan being propagated by the company.
• (20). This agreement is for a fixed period of one year from the date of the acceptance of the application by the company. The company reserves the right to renew the same after the said period of one year either by charging any renewal fees or otherwise.
• (21). Any dispute between the company and the customer salary referred for arbitration under the arbitration conciliation act 1996, to the sole arbitrator whose salary appointed by the company for the said purpose. The customer shall not raise any objection on the ground that the arbitrator so appointed is a person employed or in connection with the company. The award made by the sole arbitrator shall be final and binding on both the customer and the company .the venue of arbitration shall be a Ghaziabad only.
• (22). The company reserves the right to issue postdated Cheque as advance commission. The said cheque will be solely at the discretion of the company and the clearing of the same will be dependent on any terms and conditions that the company may levy from time to time. The customer agrees that if he does not fulfil such terms and conditions, he for fits his right to proceed legally against the company for any stopping non clearing of the chaque.
• (23). The customer acknowledges that he/she has read and understood the terms and conditions set forth in this agreement and agrees to abide by the same.