| 1 | Terms and Condition for VTSM TRADE PVT LTD new Applications:- |
| 2 | The applicant is required to read thoroughly and conditions, policies and procedures. Code of ethics and business opportunities of the company as given from the website named "WWW.VTSMTRADE.CO.IN." This application/agreement form is considered as and authentic and legally binding document. This contract is between the (herein after referred to as member) Person and VTSM TRADE PVT.LTD. |
| 3 | The applicant should have completed minimum 18 years of age and shall be competent to enter in to contract as provided in the’India Contract Act’ .
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| 4 | If the applicant is Partnership firm/ Private Ltd. Company, then the applicant has to provide all necessary document pertaining to firm/company during the regis membership. |
| 5 | For joining as an independent member of the Firm. The applicant will have to make the prescribed payment towards membership fee by way of a Crossed Demand Cheque in favouring ” VTSM TRADE PVT LTD.” payable at Company Head Office Address. |
| 6 | If any body makes a any payment in cash, it will be at his/her own risk and under no circumstances, will be answerable to such unauthorized cash payment |
| 7 | The initial payment of first purchasing is not refundable after 7 day of registration . |
| 8 | The member will be eligible for incentives or income only as per the volume of business done by him that is also subject to the eligibility norms to the member on only his/her joining the Firm. |
| 9 | The independent member will not be an agent or employee of the Firm. His/her position being so, he/she cannot bind the Firm in any authority to bind the Firm or to speak on behalf of the Firm. |
| 10 | The Firm will approve the membership by issuing of official receipt and an online registration, which will carry the password and an identification number know as ”Name generated by Firm. This password and Member ID used for all his/her transaction and correspondence with the Firm. T he Member ID once generate can not be altered a point of time. |
| 11 | Services charges will be deducted as per Firm norms. TDS will be deducted as formulated by the Indian Government. |
| 12 | In case of membership in name of Partnership firm, the Partnership firm have to submit partnership deeds and relevant document. |
| 13 | All individual member should adhere to rules and regulation formed by the organization and if any of the member is found guilty ofnot observing the same, then he/s terminated from the Firm. |
| 14 | The Company reserves all rights to terminate a member. |
| 15 | Once a member is terminated he/she can not enter any of the Firm premises/meeting location and his/her incentive/income will bestopped immediately. |
| 16 | The member shall bear true faith and all commitment to the Firm and shall uphold the integrity and decorum of the Firm and shall maintain good relation with other members and other client. |
| 17 | The member shall not compel or induce or mislead any person with any false statement / promise to join in the Firm as a member. |
| 18 | The Firm will not be answerable for any promise, assurance given by any member to any person, unless it is in accordance with theapproved business plan and terms
Hence the applicant shall go through the website "www.vtsmtrade.co.in" and the brochures and notices issued by theFirm. He / She Can have full information on all the
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| 19 | The applicant / member shall ensure that all the information / furnished to the Firm is correct and property entered. Any request for correction furnished by the member
Her sponsor or placement details will not be entertained, once payment statements are processed.
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| 20 | Company reserves the right reject any membership / applicant at its own discretion. |
| 21 | The Company reserves the all right to modify the terms and conditions, products, schemes, business and policies, giving prior notice through its website ” be "www.vtsmtrade.co.in" binding on all member of the Firm. |
| 22 | If any member gives wrong information wrong mobile no. and specialiy wrong pan no. give to company. and company can terminated his/her ID.
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| 23 | If due to change in govt. policies and enactment of law, the form business is stopped then firm will not liable for any kind of claims, reimbursement and compensation. |
| 24 | If any distributor of VTSM TRADE PVT. LTD. join or permote any other company after join VTSM TRADE PVT. LTD. his/her id can be terminate. |
| 25 | If Any Distributor edit his ID to any other person. Then Affidavit or Documents of new person with vtsm application form is mandatory |
| 26 | All Documents and vtsm Application form is must to make id Red to Green. |
| 27 | After Achieve Sapphire Club Membership only one Training Meeting and One Open meeting in a Month is mandatory. otherwise flush out his /her that month payout. |
| 28 | Dated: 11 April 2021 |