Terms and conditions for Joining as Distributor
1. Each field in this Direct Seller Application (the “Application”) is mandatory and required to be filled in English by the applicant himself / herself who wishes to be appointed as Independent Direct Seller (also called‘Independent Distributor’) ofLTV MULTI TRADE Private Limited (hereinafter“Company”). There is no sign up fees and signing up as Independent Distributor is free of cost.
2. By filing this Application, the applicant undertakes to be abide by the subsequent terms and conditions read with the policies of the Company and the Direct Selling Guidelines published by the Ministry of Consumer Affairs (“MCA”) in Official Gazette dated 26th October, 2016 (“Guidelines”) including any further amendments, modification, or enactment of new legislation by Government of India. I shall sign and submit Independent Distributor Contract with the Company along with my application.
3. This Application constitutes valid offer within the meaning of Section 10 of the Indian Contract Act, 1872, of the undersigned, addressed to Company to enter into an Independent Distributor Contract with Company under the subsequent Terms and Conditions specified.
4. The Independent Distributor of the Company understands that he/she is not an employee of the CompanyLTV MULTI TRADE Private Limited, and there is no relationship of employee-employer between the Independent Distributor and the Company. The Independent Distributor of the Company shall be considered as an Independent Business Person starting the business with his / her free will and consent without any pressure, force or persuasion from anyone.
1. The Independent Distributor understands that the Company is a direct-selling network marketing company dealing in ready-made garments, fashion apparel and accessories. There is no membership fee, joining fee or renewal fee in the company. The Independent Distributors only pay for products and get a tax-paid invoice against their purchases.
2. The Independent Distributor of the Company is above 18 years of age and has submitted true information and valid documents in support of his / her particulars and that the Independent distributor undertakes full responsibility for the genuinity of Identification Documents being submitted.
3. The Independent Distributor hereby authorize the Company to conduct e-KYC of his / her PAN, AADHAR and Bank documents as submitted by him with the Company. I also agree and unconditionally authorize the Company to send communication which will override DND registration.
4. The Independent Distributor of the Company certifies that the details filled in the Online Distributorship Application (e-Form) on the company’s website for new Independent Distributors have been filled-in correctly and have been thoroughly verified. Further, he / she takes full responsibility for any errors or omissions in these details. The responsibility for correctness of these details will be both of the existing distributor as well as the prospective Distributor.
5. The Independent Distributor of the Company shall be liable to run his/ her business with due sincerity and honesty, fair and in transparent manner in the best interest of both the parties. He/ she shall be further entitled to expand his/her personal business by legal and ethical means only.
6. The Independent Distributor of the Company shall not indulge in any illegal activity which could cause harm/damage/loss to the Company and further shall not sway other Independent Distributors by any means, including by reducing the retail prices of the goods. 7. The Independent Distributor of the Company shall not force any new distributor / prospect to buy the goods from the Company and shall explain to the prospect the business plan of the Company in the fairest and transparent manner. He / she shall also educate each prospects about the 30 days’ Return and Refund Policy of the Company.