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This Contract is construed in accordance with the model of Direct Selling Guidelines issued by the Government of India,Ministry of Consumer Affairs,Food & Public Distribution,Department of Consumer Affairs vide F.No. 21/18/2014-IT (Vol-II) dated 9th September,2016 read with Indian Contract Act 1872 and supersedes any prior terms and conditions,discussions or contracts between company and direct seller.
Between Riches Network Multiways Private Limited, which is a registered company, having its Registered Office at 407, 4th Floor, Kataria Arcade, B/S Adani School, Sarkhej, Makarba, Ahmedabad (Gujarat,India)(Hereinafter referred to as “RN Multiways”)which expression shall, unless the context otherwise permits, include its successors and permitted assigns of the one part herein after called as First Party.
The person / entity who has filed the online / offline application form hereinafter referred to as ‘Independent Distributor’ which expression shall unless repugnant to the context or meaning there of be deemed to mean and include his / her / their legal heirs, executors, administrators and assignees of both the parties, hereby called as the Second party.
Whereas the first party is a registered Company under Companies Act, 2013 and the second party is willing to work with the first party after fully compliance of the Indian Contract Act 1872 read with the guidelines as provided by Government of India, Ministry of Consumer Affairs, Food & Public Distribution, Department of Consumer Affairs vide F.No. 21/18/2014-IT (Vol-II) dated 9th September, 2016 on the following terms and conditions.
1. Subject to this Contract, RN Multiways hereby appoints the Independent Distributor and the Independent Distributor hereby accepts its appointment on a principal-to-principal, non-exclusive basis to use, promote and resell RN Multiways Products in India.
2. This instrument hereafter referred to as the contract, executed between RN Multiways & Independent Distributor(s).
3. Upon executing the Contract, Independent Distributor agrees to register on the RN Multiways website www.rnmultiways.com. You get unique Independent DistributorID and password to operate your Business Operation Centre. In the event of any discrepancy between terms of this Contract and the RN Multiways Website, the terms of this Contract shall prevail. You agree that you shall not be entitled to register with more than one Account on the Website for any reason whatsoever. You and your wife are considered as a single entity.In the event RN Multiways has a reason to believe that you or any person on behalf of you has activated more than one Business Operation Centre (BOC), this Contract shall forthwith be deemed to be terminated. In the event this Contract is terminated for only reason whatsoever, the Independent Distributor shall not be eligible to apply for a position as an Independent Distributor, for a period of 6 (Six) months from the date of termination or for such period as RN Multiways may in its sole discretion decide.
4. Simultaneous to or within 15 (Fifteen) days from the date of executing the Contract, he / she agrees to submit the physical copies of the following documents ("Registration Documents”) to RN Multiways at its Registered office located at Ahmedabad (Gujarat, India) and the same shall be acknowledged by RN Multiways in writing:
5. Your KYC should be submitted to head office within 15 (Fifteen) days period, otherwise the Form shall be deemed to be terminated and your Business Operation Centre shall automatically stand terminated, without any further liability on RN Multiways. Further RN Multiways may reject the application, in whole or part for any reason, at its discretion, including but not limited to the application containing incomplete, inaccurate, false or misleading information. Any alteration or modification of the contract will be subject to rejection. For the avoidance of doubt, this contract shall be effective and valid from the date of acceptance of the Application Form by RN Multiways.
6. No Fee is charged to become Independent Distributor(s).
7. This contract shall become effective on the date RN Multiways acknowledges and accept Independent Distributorship or enter the details of Independent Distributor in RN Multiways Database. RN Multiways at its discretion may except or reject this application without any reason including incomplete inaccurate, false or misleading information in application.
8. Cooling Off Policy : That RN Multiways agrees to allow the cooling off period of 7 days from the date of purchase / signing of Contract in order to cancel the contract and to receive 100% refund for goods or services purchased.
9. Buy Back Policy :The RN Multiways agrees to allow buyback / refund of goods within 7 days of purchase of product.
10. Any Independent Distributor contravening any rules, regulation, policies, and procedures or causing any lawful loss to the company shall make this contract liable for termination with immediate effect and the company shall have the right to file appropriate civil and criminal proceedings against him / her as the case may be.
11. In case of Non-Performance by Independent Distributorfor the consecutive 1 Years, RN Multiways will issue a Termination letter with a notice of 1 month to the Independent Distributor. If the Independent Distributor wishes to ask RN Multiways to review the decision to terminate, he / she shall make such a request to RN Multiways in writing within thirty (30) days from the date of notice of termination. If RN Multiways does not receive such request within the thirty (30) days period, the termination will automatically be deemed final.
1. He/she entered into this contract as an Independent Distributor of RN Multiways, must be of 18 years and a person with a sound mind capable to take decisions, independent entity, associated purely on the present contractual term, and shall have no power of authority to incur any debt, contracts, obligation or liabilities or to make any representation of any warranties on behalf of RN Multiways.
2. He / she shall not be an employee or agent of RN Multiways or in any partnership relationship with RN Multiways or any other labor relationship with RN Multiways.
3. He / she shall act as an Independent Distributor on his / her own name at his / her own responsibility for his / her account while purchasing and selling RN Multiways products.
4. He / she shall not sell any RN Multiways product for a price more than Maximum Retail Price (MRP).
5. The relationship between RN Multiways and Independent Distributor shall be governed by the rules contained in this contract & RN Multiways Compensation Plan.
6. RN Multiways may amend any of the terms and conditions in this contract and its website www.rnmultiways.com. If an Independent Distributor does not agree by such amendments he / she may terminate this contract within 30 days of such publication by giving a written notice to the company. Independent Distributor’s continued relationship with RN Multiways will be considered as an acceptance to all the amendments.
7. He / she will understand the product cost or any of it is non-refundable after lapse of 7 days from the date of Registration on website as well as by this contract. The Company’s liability is limited to replace any defective material, at its own cost. If found and reported within 24 hours of delivery, via email to the designated email ID of the Customer Care department or return to RN Multiways Office or closest distribution center.
8. The Independent Distributor agrees that his / her decision has been made directly by him / her and not under any influence. Before starting his / her relationship with RN Multiways he / she has read and understood all information given on the website www.rnmultiways.com.
9. RN Multiways will deal exclusively with the Independent Distributor himself in respect of all business matters and will make all payments on account or return or refund through Bank transfer/account payee cheque drawn in favor of the Independent Distributor.
10. RN Multiways authorizes Independent Distributor to share, release and circulate all or part of the information set forth herein to other Independent Distributor within or outside of India.
11. He / she cannot transfer this contract or any of the right or obligations arising out of it to anybody else without prior written consent of RN Multiways.
12. He / she shall sell and deliver the product to other customers / Independent Distributor ethically and professionally.
13. He / she shall provide bonafide supervision and training to downline Independent Distributor including on-going contact, communication, encouragement and support.
14. He / she shall be personally liable for all kind of taxes, via, or any other Government dues, levies or statuary liabilities arising due to any Earning / Income from RN Multiways.
15. He / she has applied for Independent Distributorship of RN Multiways Products according to the terms and conditions mentioned in this contract and RN Multiways Compensation Plan and are available on company’s website www.rnmultiways.com.
16. He / she shall provide a photo Identification Card issued by any Central or State Govt. as proof of address and add identity and PAN applicable.
17. He / she shall carry the Identification card issued to him / her by RN Multiways and will seek prior appointment with customer for initiation of sale, he / she would identify himself and RN Multiways, provide address, registration, telephone number to customer and would truthfully represent the nature of products / services in the manner consistent with the claims authorized by RN Multiways.
18. He / she understand that he / she is not supposed to pay any money to any Independent Distributor who is a part of his / her up-line and down line. He / she also understands that if any money so paid by him / her will be at his / her risk and cost and shall not create any liability against RN Multiways.
19. He / she shall not require / encourage other Independent Distributor to purchase goods / services in unreasonably large amount or to purchase any literature, training or sales demonstration equipment, nor will sell any unapproved literature / training material.
20. Independent Distributor fully understands the implications of the terms and conditions and therefore binds him / herself into a legal contract with Riches Network Multiways Private Limited, as per the Indian Contract Act, 1872 and other applicable laws. Further, the Independent Distributors acknowledges and agrees that he / she read and abide by RN Multiways Compensation Plan (as amended from time to time) and the Direct Selling Guidelines 2016 issued by the Department of Consumer Affairs and all amendment thereto (which shall also govern the conduct and mode of business of the Independent Distributor under the present contract).
21. He / she shall not sell products / services on e-commerce platforms / market place or on any fixed retail outlet.
22. He / she shall indemnify and continue to hold RN Multiways and its Directors, Employees and Independent Distributors indemnified against all claims made by any third party or Customer prospected by me and any related damages and expenses including the legal expenses arising out of or connected to the conduct of Independent Distributor (in connection with false claims, promises and other assurances made by him / her which are not made by RN Multiways in writing). The liability of the Independent Distributor arising from this clause shall continue regardless of whether the action brought by such third party actually succeeds or not.
23. Any amount payable to the Independent Distributor as incentive / bonus by RN Multiways is inclusive of all taxes, by whatever name they are called, including GST, Professional Tax, Surcharge, Cess and other Taxes. These taxes shall be payable by the Independent Distributor as and when they are required to be paid as per low.
24. RN Multiways reserves the right to recover back any income paid to any Independent Distributors under the following circumstances. (a) Product returned by under Buy Back Policy, (b) Returned to any Stockiest / Franchise under any applicable law or (c) Stolen or obtained by illegal means.
25. RN Multiways reserves the full and absolute right, at any point of time, to withheld or suspend Independent Distributors benefits including but not limited to bonus, incentives, commissions, entitlements etc. In case he does not comply with the terms and conditions mentioned in the contract.
26. The Selling price (MRP) of any RN Multiways product is determined by RN Multiways and no Independent Distributor shall be allowed to reduce or increase the price including by way of tempering with the selling price as affixed or decided by RN Multiways on the packing of the product. Breach of the regulation shall result in suspension or termination of Independent Distributorship by RN Multiways.
27. RN Multiways reserves the right, at any point of time to revise the selling price including BV / PV Points of the product without any prior notice.
28. Independent Distributor shall be held liable and responsible for false claims, misrepresentation, etc. About RN Multiways business, quality, quantity, content, usage or benefits of products other than those mentioned in authorized product catalogue specified by RN Multiways and all such acts shall lead to disciplinary action including suspension or termination of Independent Distributorship.
29. Independent Distributor shall not sponsor any person by improper way such as:
30. RN Multiways reserves the right to take following actions if improper sponsoring is proven to have occurred.
31. He / she shall not be involved directly or indirectly (including by proxy) in any activities of other direct selling companies or any other activities that will bring negative effects to RN Multiways. RN Multiways reserves the right to terminate any Independent Distributor who commits such offence.
32. In the event of doubt as to the true meaning concerning this Independent Distributorship, or any portion thereof in relation to its translated versions, the English Version shall prevail.
33. He / she is responsible for his / her Personal Income Tax liabilities, GST Registrations / Payments or any other taxes as per his / her Jurisdiction and that all commissions shall be transferred to his / her designate bank account after deducting necessary TDS, after submitting his / her Bank details, PAN and Aadhaar Card documents in lieu there of.
34. If English / Hindi is not my first language, the content of the above affidavit and the relevant contract have been explained to me in my vernacular language and I hereby state that I have fully understood and unconditionally agree to all the terms and conditions without any force, pressure whatever of any kind.
1. The Company will make its products available to an Independent Distributor and shall pay him / her various incentives as set forth in RN Multiways Compensation Plan or Company Policies.
2. The Company shall comply with its obligations in accordance with this contract.
3. TDS as applicable will be deducted by the Company from the commissions paid to the Independent Distributor(s) as per the Income Tax Rules.
4. RN Multiways may terminate this contract by giving written notice for (a) breach of any term and condition of this contract (b) Non - Performance (c) If RN Multiways for any reason arrive at the decision that he / she should not be continued as an Independent Distributor.
5. Advisory: Independent Distributors should follow “Just in Time” Policy rather than to stock the product. They should buy the product if and only when customer orders the product to them.
6. In Case of dispute or any loss whether in contract, tort or otherwise the arising out of this contract liability of RN Multiways shall not exceed the lesser of any of these
7. All disputes, questions or differences whatsoever which shall either during the substances of the contract or after the termination thereof arise the parties hereto or their respective representatives, touching these presents or the construction or the application thereof or anything herein contained shall be resolved under Indian Arbitration and Conciliation Act and / or its statutory amendments, modifications and re-enactment. The place of arbitration shall be Ahmedabad (Gujarat, India) only.
8. The Parties herein irrevocably consent to the exclusive judicial jurisdiction of the competent courts of Ahmedabad (Gujarat, India).
9. RN Multiways Products can be purchased by any mode of payment like Paytm / Debit Card / Credit Card / NEFT / RTGS / DD / Cheque / Cash accepted by RN Multiways company account only. Application form must be signed by Independent Distributor and Receipt and Invoice should be issued for each purchase & Independent Distributor signature would be compulsory in application form, below mentioned is a column for signature.
10. All Incentives will be paid according to RN Multiways Compensation Plan.
11. DISCLAIMER: RN Multiways expressly reserves the exclusive right to alter or amend these Rules and Regulations. RN Multiways Compensation Plan, Independent Distributor Contract as amended from time to time and any addendum as displayed on the notice board maintained in the marketing Office of RN Multiways and all such documents constitute the entire contract of the parties regarding their business relationship. Upon updation on the website or notification by display on the notice maintained in the marketing office of RN Multiways such amendments are automatically incorporated as part of this Contract between RN Multiways and the Customer and the Independent Distributors and are binding upon the parties.