be indian buy indian

A cold drink that costs only 2 / 3rs  toproduce, is sold for Rs.12 and a major chunk of profits from these are sent abroad. This is a serious drain on INDIAN economy.

What you can do about it?
1. Buy only products manufactured by WHOLLY INDIAN COMPANIES.
2.You don't need to give-up your lifestyle. You just need to choose an alternate product.
All categories of products are available from

WHOLLY INDIAN COMPANIES.
LIST OF PRODUCTS
COLD DRINKS:-
DRINK LEMON JUICE, FRESH FRUITJUICES, CHILLED LASSI (SWEET OR SOUR), BUTTER MILK, COCONUT WATER, JAL JEERA, ENERJEE,and MASALA MILK...
INSTEAD OF COCA COLA, PEPSI, LIMCA, MIRINDA, SPRITE

BATHING SOAP:-
USE CINTHOL & OTHER GODREJ BRANDS, SANTOOR, WIPRO SHIKAKAI, MYSORE SANDAL, MARGO, NEEM, EVITA, MEDIMIX, GANGA , NIRMA BATH & CHANDRIKA
INSTEAD OF LUX, LIFEBUOY, REXONA, LIRIL, DOVE, PEARS, HAMAM, LESANCY, CAMAY, PALMOLIVE

TOOTH PASTE:-
USE NEEM, BABOOL, PROMISE, VICO VAJRADANTI, PRUDENT, DABUR PRODUCTS, MISWAK
INSTEAD OF COLGATE, CLOSE UP, PEPSODENT, CIBACA, FORHANS, MENTADENT.

TOOTH BRUSH: -
USE PRUDENT, AJANTA , PROMISE
INSTEAD OF COLGATE, CLOSE UP, PEPSODENT, FORHANS, ORAL-B

SHAVING CREAM:-
USE GODREJ, EMAMI
INSTEAD OF PALMOLIVE, OLD SPICE, GILLETE

BLADE:-
USE SUPERMAX, TOPAZ, LAZER, ASHOKA
INSTEAD OF SEVEN-O -CLOCK, 365, GILLETTE

TALCUM POWDER:-
USE SANTOOR, GOKUL, CINTHOL, WIPRO BABY POWDER, BOROPLUS
INSTEAD OF PONDS, OLD SPICE, JOHNSON'S BABY POWDER, SHOWER TO SHOWER

MILK POWDER:-
USE INDIANA, AMUL, AMULYA
INSTEAD OF ANIKSPRAY, MILKANA, EVERYDAY MILK, MILKMAID.

SHAMPOO:-
USE NIRMA, VELVETTE
INSTEAD OF HALO, ALL CLEAR, NYLE, SUNSILK, HEAD AND SHOULDERS, PANTENE

MOBILE CONNECTIONS:-
USE BSNL, AIRTEL , RELIANCE .
INSTEAD OF Vodafone

Food Items:-
Eat home made food
INSTEAD OF KFC, MACDONALD'S, PIZZA HUT, A&W

Every INDIAN product you buy makes a big difference. It saves INDIA. Let us take a firm decision today.
BUY INDIAN TO BE INDIAN...

EVERY TRUE INDIAN WILL SHARE IT?
Thanks For Spending your valuable time .....
I ve done my duty Will U???

NMart runs CIS-based MLM under guise of a retail chain.

nmartcomplaints.blogspot.com NMart runs CIS-based MLM under guise of a retail chain.

NMart runs CIS-based MLM under guise of a retail chain

NMart Retail is collecting money from people under the guise of giving them an opportunity to shop at its retail chains, offering huge returns on their investment. But it admits there is no guarantee that anyone joining will make money and that its system is purely dependent on new joiners 

Surat-based NMart Retails, a division of Newlook Multitrade Pvt Ltd, is running a collective investment scheme (CIS) based on the multi-level marketing (MLM) business, under the guise of selling products through its retail chain. What is stunning is that the company openly says there is no guarantee that anyone joining would make money and its system is purely dependent on new entrants expanding the chain.

Here's what the company says under the disclaimer page on its website: "The owner/owners of this website (www.NMart.co.in) inform the distributors and would-be distributors that there is no guarantee that anyone joining the system would make money. The system purely depends on the number of distributors joining the system and distributor referrals."

 

In addition, NMart says that the payment would not be refunded under any circumstances.

Unfortunately, no one seems to be reading the fine print on the NMart Website. Most of the new distributors are blinded, or fooled by the lure to buy daily-need items from the company's retail chain, which may or may not be there in their local area. This also means that you not only have to enrol new distributors in your down line, but also continue to buy products from the retail chain.

NMart offers a return that works out to about four times the original investment over a period of 48 months, without taking into account other income like binary, spill-over or royalties. The highest income that a distributor can earn, as presented by the company, works out to Rs48 lakh, or 873 times of the original Rs5,500 invested and this is simply not possible.

'Business' plan 

According to information available on the company's Website, anyone wanting to join the NMart Retail system or business plan, has to invest or deposit Rs5,500. The company provides 48 vouchers of Rs220 (it needs to be consumed each month over a period of four years), a 'smart' card, credit facility of Rs1,500 per month (provided you settle the bill by the 7th of the following month), and last but not the least, a bonus of Rs11,000, if at all you remain with the company (and continue to enrol new recruits and buy products from its shop) for 48 months. Not satisfied, yet? The company also promises to pay other incomes, like binary income, spill-over income, royalty and repurchase incomes.

For any two new joinees, on either your left or right leg or down line, you would get Rs600 as pair income for an unlimited depth. (But it is capped at 100 pairs, or a payment of Rs60,000 per week.) So, the company says, enrolling 8,000 new distributors below your rank can earn a binary income of Rs24 lakh. If your success percentage is just 1%, you could still earn Rs24,000 just as binary income!

It, however, does not mention that for this you still need to enrol 80 new people with an investment of Rs5,500 each, or a total Rs4.40 lakh, of which the company would pay you Rs24,000. That's about 5% only and it keeps the rest with itself! If this is not enough, then the company promises to pay you spill-over income, or Rs200, for every new joinee below your line for an unlimited depth. In addition to this, NMart also promises to pay royalty and repurchase income.

The company projects an income of Rs48 lakh for a down line of 16,000 distributors, with 8,000 associates on the left and right legs, each earning Rs24 lakh. But the next presentation slide suggests that you to do 'smart work' and instead recruit your own family members (like your spouse and your mother) instead of outsiders, to you can keep all the money (Rs48 lakh + Rs24 lakh + Rs24 lakh = Rs96 lakh) within the family!

According to Consumerfraudreporting.org, one must analyse the compensation plan to determine whether participants are paid from actual sales to customers and not from money received from new recruits. If participants are paid primarily from money received from new recruits, then the company is an illegal pyramid or Ponzi scheme, the website said. This is exactly what NMart is doing.

Promoters

The company is promoted by Gopal Shekhawat, who is also said to be chairman for Asia of the International Human Rights Association. In some places, Mr Shekhawat is also referred to as being the nephew of the President of India, Pratibhai Patil, but this information is false. According to an email received by Moneylife from the President's office, although both Ms Patil's nephew and the promoter of NMart share same name, they are not same person and Gopal Shekhawat, the nephew of Smt Pratibhatai Patil is no where related with NMart. The email says, "Shri Gopal Shekhawat, nephew of the President is in Chandrapur near Nagpur. He is a School Teacher and has nothing to do with 'N Mart'. Only the names are similar." 

Among other promoters and officials of NMart Retail are Akil Patrawala, CEO; Pratik Desai, business head for retail; Hiren Devani, HR head; Dr Riyaz Mushrif, marketing head for network; Bharat Handifod, business head for network; Prashant More, training in-charge and Dashrath Mali, insurance in-charge.

Newlook Multitrade, the parent of NMart Retail, has its corporate office in Surat and mentions a Mumbai address in the records of the Registrar of Companies (RoC). According to information available on its Website, NMart operates around 51 retail stores across the country and plans to increase that to 135.

Regulators silent 

Our mail sent to market regulator Securities and Exchange Board of India (SEBI) remained unanswered till writing the story. Surprisingly, earlier in May 2011, the same regulator asked Kolkata-based Sun-Plant Agro to wound up the company's CIS and refund the money collected it under the scheme.

Sun-Plant Agro was raising funds in the name of 'sale of plants'. It allegedly sold plants to purchasers, maintained the plants and thereafter provided returns on the amounts invested at the end of the scheme in the form of wood, although investors were not provided any identity or reference to the particular plant sold.

SEBI said such activities had the characteristics of a collective investment scheme, as specified under Section 11AA of the SEBI Act read with Regulation 3 of the SEBI (CIS) Regulations. Sun-Plant Agro ought to have wound up the scheme in 2003 pursuant to rejection of the application for provisional registration by SEBI and the filing of the 'Winding Up and Repayment Report' by it.

"The activities of Sun-Plant Agro and the details of amounts received by it against the cost of trees from 2003 to 2010 prima facie indicate that even after submission of the Winding Up and Repayment Report in 2003, the company carried out activities of a CIS without obtaining a Certificate of Registration from SEBI," the market regulator had said.

In addition to collecting money from people, NMart also paid them commissions for recruiting new people. On the issue of MLMs, the United States Federal Trade Commission states, "Steer clear of multi-level marketing plans that pay commissions for recruiting new distributors. They are actually illegal pyramid schemes. Why is pyramiding dangerous? Because plans that pay commissions for recruiting new distributors inevitably collapse when no new distributors can be recruited. And when a plan collapses, most people-except perhaps those at the very top of the pyramid-end up empty-handed."

Police identify properties of NMart racketeer, Gopal Singh Shekhawat and his wife. Property Seized by Police

says nmartcomplaints.blogspot.com

After due follow up and filing of petition by Mr. Shyam Sundar, Prakasam district police under the dynamic guidance of superintendent of police Dr Raghuram Reddy identified the properties of the NMart money circulation scheme racketeer Gopal Singh Shekhawat in Surat and other areas.The SP said that some of the properties of the accused who has been absconding after the Borivali magistrate, Mumbai, issued non-bailable warrant for his arrest were identified and efforts are on to confiscate the properties. He said that the police have identified a helicopter bought by the accused Gopal Singh Shekhawat with the ill-gotten money which was parked in Mumbai and seized it. It may be recalled that in the name of retail business, the accused Gopal Singh Shekhawat indulged in money circulation scheme and amassed about Rs. 1400 crore in a short span. The police had already seized several cars and two-wheelers owned by him. According to police, the cases were filed against the accused Gopal Singh Shekhawat and his wife and others under Section 420 of IPC, Sections 3,4,5 of Prize Chits & Money Circulation Schemes (Banning) Act, 1978 and the AP Protection of Depositors Act. The modus operandi of the racket is simple. By paying Rs. 5500 one has to become a member and he would be given 48 coupons each worth Rs. 220 to be exchanged with products in the next 48 months in the retail shop owned by the accused. More, the members would be paid Rs. 200 per each enrollment of new member into the scheme. In addition to the incentive of Rs. 200, the members were promised attractive prizes like motorcycles, cars, computers, foreign trips if they enrolled more than 50 to 1000 members into the scheme. Corporate Frauds Watch, a Vijayawada-based voluntary organisation lodged a complaint with the police station at Kandukuru, Prakasam district. The Kandukuru circle inspector Akkeswara Rao had taken up the investigation and apprehended the accused and his wife. After obtaining the bail from the Mumbai court, the accused was absconding since then. CI Akkeswara Rao, said that a helicopter belonging to accused was seized at Mumbai. The accused and his wife were at large and efforts are on to identify his whereabouts, he said. Meanwhile, the reports from various States said that the irate members attacked the NMart retail stores and took away whatever they could from them. The NMart has nearly 150 retail outlets through out the country. Almost all the shops are now closed. Some people, who refused to be identified, lamented that they had paid huge amounts as membership in the hope that it would fetch huge returns in future. The members have to pay Rs. 5500 per membership, but these people out of greed for huge returns have taken multiple memberships.

In a sudden twist of the story, the NMart writ petition No. 27101 filed by NMart racketeer Gopal Singh Shekhawat seeking relief from the Andhra Pradesh High Court has reached the Bench of Justice K C Bhanu on Monday afternoon.
However, the counsels of both sides could not reach the court probably thinking it won't reach the bench in time.
But it did reach and since both the counsels did not appear, the Honourable Bench adjourned the hearing for one more week.
In effect, Gopal Singh Shekhawat has to wait for one more week sitting in some rat hole to learn that his writ petition was dismissed. Anyway, the petition would be dismissed once the judge hears how shallow was the argument and how the huge money was amassed by the accused in a short span of two years.
Meanwhile, the Corporate Frauds Watch filed its vakalathnama in the High Court to present its version of the daylight robbery indulged in by the accused persons in the now infamous criminal case.
It is already reported that the Police from Prakasam district are leaving no stone unturned to trace the whereabouts of Gopal Singh Shekhawat and his wife Pratibha who preferred to hide in some mysterious place.
Sources said that the police suspect that Gopal Singh might have left the country to hide in some foreign country though it is not yet confirmed.
Anyway, since he stashed a lot of money, he could comfortably settle anywhere in the world without bothering about the people whom he had cheated up to billions of rupees.


Gopal Singh Shekhawat was arrested by the Andhra Pradesh police in Surat. However, on the way, the police presented him in Borivali magistrate court, Mumbai, for obtaining prisoner transit warrant popularly known as PT Warrant. However, a large group of advocates descended on the magistrate court on behalf of the accused, Gopal, and appealed to the magistrate that he would not run away and he would present himself before the Ongole court on or before September 1st. On the condition that he would present himself before the Ongole magistrate, the Borivali court in Mumbai set him free on bail with an amount of Rs. 20,000 and two sureties of like amount. 

However, Gopal did not present himself before the Ongole magistrate on September 1st. Moreover, he preferred to file two writ petitions in Andhra Pradesh High Court - one civil and the other criminal.

In the civil petition, Gopal appealed to the High Court to direct the police not to interfere in his lawful business. Justice K C Bhanu refused to give any stay order on the investigation and posted the matter after  three weeks. He issued notices to the Andhra Pradesh State Government, the Director General of Police, the  Kandukuru Circle Inspector of Police, Prakasam district and Corporate Frauds Watch to file their affidavits presenting their case. The HC Justice while refusing to give stay order on the investigation even for a week, said that the crimes mentioned in the FIR are serious and under these circumstances the court has to listen what the complainant and the police have to say in this regard.

In the criminal petition, the accused, Gopal,  appealed to Justice Samudrala Govindarajulu to grant him anticipatory bail to prevent the police from arresting him. After hearing the Government pleader, the Judge said that the anticipatory bail could not be granted as the accused had already jumped the bail.

Meanwhile, Pratibha  Singh Shekhawat, wife of Gopal, filed a quash petition in the Bombay High Court appealing to the court to quash the FIR registered against her by Andhra Pradesh police.

The laughable thing is that the Bombay High Court has no jurisdiction to quash the FIR filed by Andhra Pradesh police. Only Andhra Pradesh High Court has jurisdiction.

The Andhra Pradesh police had frozen the accounts of NMart all over the State and all transactions came to a standstill.

The accused, Gopal, has turned fugitive running away from law. If he has any respect for law, he would have presented himself before the Ongole magistrate.

NMART IS A FRAUD COMPANY CHEATING THE GENERAL PUBLIC AND PLAYING WITH PEOPLES MONEY...HELP YOURSELF IN STOPPING THIS FRAUD..

PEOPLE HAVE ALREADY LOST MONEY AND THEY HAVE BEEN KNOWING THIS FOR LONG, 

• BUT STILL THEY HAVE A HOPE AND STRONG BELIEF THAT GOPAL SINGH WILL MAKE THINGS RIGHT. IN TIME TO COME . THIS WILL NOT HAPPEN .....WHY ?? MY REASONS...

• NMART MALL  BUSINESS MODEL IS OK. NOT MLM / MEMBER JOINING AND BINARY INCOME/ROYALTY /GOING ON FOREIGN TRIP ETC . WHOSE MONEY ???THERE IS PROFIT ETC, AND THERE IS CHANCES THAT MONEY MIGHT BE RETURNED AFTER 4 YEARS IF PROFIT IS PROPERLY INVESTED .BUT THE BAIT IS, MORE THAN 50% GOES INTO THE POCKETS OF UPLINES/ SHEKAWAT/ ETC..AND THER IS NO CHECK ON THIS.MALL OWNERS HAVE DEPOSITED 20 LAKHS PER MALL. AND COMPANY HAS FRADUENTLY, W RECRUITED STAFF, LIKE MARKETING MANAGERS , ETC WHU TOOK STOCK IN CREDIT THINKING SEKHAWAT WILL PAY THEM AS HE WAS EARLIER DOING.. NOW AFTER DEFAULTING ON NUMEROUS OCCASSIONS AND AGENCIES BOTH PRIVATE AND GOVT, HE CAN NEVER GET OUT OF THIS SHIT...HE HAS NO MONEY TO CLEAR DEBTORS.... THAT IS WHERE THE COMPANY BECOMES DIWALA..........WHUM WILL U ASK UR MONEY .........IF MALLS RUN , OK .... BUT UR FRIENDS HAVE  TAKEN  YOUR MONEY AND GIVEN U  A PROMISE THAT THE MALL WILL RUN.  

• IT IS CLEARLY MENTIONED IN WEB SITE AND ADS ABOUT BINARY INCOME BY ENROLLING MEMBERS......THE MORE MEMBERS U LOOTO, THE MORE U GAIN AND HELP SEKHAWAT GAIN.HOW CAN HE OR U ESCAPE LAW ????? 

• MALL OWNERS ARE AT MAXIMUM RISK. THEY HAVE LOST MONEY AND HAVE TO PAY FOR THE GOODS PURCHASED FOR MALL

•  FOR PEOPLE WHU SERIOUSLY BEULEIVE THAT THEY HAVE BEEN TRAPPED OR FOOLED INTO THIS SCAM WHICH HAS SPOILED THE PRECIOUS LIVES OF 20 LAKH INDIANS. FINANCIALLY, PHYSICALLY, EMOTIONALLY, AND THOSE WHU BELIEVE THAT THEY LOST THE SELF RESPECT, EARNED DUE TO ACTIVITIES OF MLM AND NMART . 

• THERE IS NO LEGAL AUTHENTICITY OF A LEGAL AGREEMENT IN WHICH RUBBER STAMP/ SHORT SINGATURE IS THERE.......ALL 20 LAKH INNOCENT PUBLIC HAVE BEEN HOLDING THIS FRAUD DOCUMENT OR ELSE A PRINT OUT .......WHAT A JOKE BY SHEKAWAT AND UPLINES

KINDLY VISIT OTHER SITES ALSO ALONG WITH THIS SITE AND FIND OUT WHATS HAPPENING.THERE R PEOPLE READY 2 PROVIDE U HELP AND ASSISTANCE AND U CAN COUNT ON THEM AND BELIEVE THEM...AS THEY DO NOT TAKE MONEY FROM U....

VISIT: www.nmartcomplaints.blogspot.in we have collected more than 100 complaints and intend to escalate these to the proper authorities at Govt. 

VISIT: www.nmartcomplaints.blogspot.in

VISIT: www.nmartcomplaints.blogspot.in

VISIT: www.nmartcomplaints.blogspot.in

register ur complaints, if u have any.....

people like peter,also welcome ......if u wish to get some constructive and better ideas ..for life.

OFFICIAL COMPLAINTS PAGE TO BE FORWARDED TO NMART/ GOVT.AGENCIES FOR JUSTICE.

WE NEED UR SUPPORT , IN CASE U HAVE BEEN CHEATED BY MLM OR ELSE FEEL THAT UR LIKELY TO BE CHEATED, THEN POST UR COMPLAINTS.....IF U HAVE A GRIEVANCE, WE HAVE A SOLUTION

OFFICIAL COMPLAINTS PAGE TO BE FORWARDE TO NMART/ GOVT.AGENCIES.

WE NEED UR SUPPORT , IN CASE U HAVE BEEN CHEATED BY OR ELSE FEEL THAT UR LIKELY TO BE CHEATED, THEN POST UR COMPLAINTS.....

the end of nmart retails is nearing

if only

GOPAL SINGH INTENTS TO COMMIT OR HAS COMMITTED A FRAUD

The chairman of NMart is  Mr.Gopal Shekhawat, chairman of  Asia Region of Internatinonal Human Rights Association.

The membership of this human rights association is available for Rs 5000, keeping this label this NMart is cheating people.,

Being chairman of IHR Association, he is cheating people with fake promises. 

www.ihra.co.in

http://ihra.co.in/upload/index.php?mod=article&cat=Organization&article=104

NMart is fooling people. 

We joined NMart without knowing this long term long fraud. They said that they would give Rs. 220/- vouchers for redemption at NMart stores for getting products, as of now it is going well and good. They said that they will give Rs 11,000 as royalty bonus and for that they would send bonds for Rs 11,000/- to all  upline members.

But for many they stopped sending bonds, what is the guarantee for money, In india MLM is not legal I know, but, at least if we buy food from a small road-side hotel they give a bill on a paper, but, what about this company.

Many lakhs have not received the bond or agreement form the company, for 11,000. 

Now when we ask they say that there is scarcity of bonds with government. Ok, we agree. The company has to  give an agreement on a bond paper but  the customer care says that they will  pay 11000 after 4 years. 

Moreover, the company is asking us to take printout of the agreement form from their website.

How will a printout from a website be a legal document?”       

Whatever cyber law is applied it is not valid in a court of law,

How is it legally valid what we have taken from the Net, it is not valid as anyone can make modifications from the Net.

Why can't the company send printed  agreement of the promised Rs 11000 and next the company made an advertisement in the website www.nmart.co.in saying that the associate who 

joined the company before March 31 will get Rs. 11000 at the end of 4 years and no compulsory purchase is needed.            

In the agreement what they put in the Net is like this:
Actually the company got 42,000 joinings in a single day on March 31 as they gave an offer saying that no need of purchase for an associate  who has joined before March 31, others have to purchase products worth 72,000/- within 4 years for getting this bonus of 11,000.
Associate to create the online purchase account immediately then only NEWLOOK MULTITRADE recognize the details according to the online purchase account hence NEWLOOK MULTITRADE will not be liable for any loss of bonus, income or commission due to the late creation of online
Independent Business Associate Agreement purchase account.
Thus, both the parties herein once again believes and understands to proceed in this 
it is sole responsibility of Independent Business 
Benefits
4. Credit for the last month has to be settled by 7th of every month. Credit can be
5. If any Independent Business Associate fails to settle credit account in specified
6. Independent Business Associate will get Commission according to our compensation
7. Independent Business Associate who has a purchase account of less than 48
8. This agreement stands good for availing services to Four-year period only.
4. The Independent Business Associate will not be permitted to avail more than one ID
5. Independent Business Associate agrees to present NEWLOOK MULTITRADE business
NEWLOOK MULTITRADE website. Independent Business Associate will make no claims
6. Independent Business Associate agrees not to disparage Nmart, other NEWLOOK
7. Independent Business Associate understands that the information given on the
8. Independent Business Associate agrees to not utilize SPAM in promoting Nmart.
{6FullName}

7. Independent Business Associate who has a purchase account of less than 48 months will not get loyalty bonus.

Now they changed their promise and they print in the e-agreement in the website of associate login saying that “Independent Business Associate who has a purchase account of less than 48 months will not get Loyalty bonus.

Is this not a cheating?

Cheating of NMart as of now..

1 .Promised that they will pay Rs 11000 without purchase of products in NMart for associates who joined in January 2011 to March 31, 2011. But they say that each associate has to purchase products if they have a mall of NMart within 20 km radius, but, now they say in clause No. 7. Independent Business Associate who has a purchase account of less than 48 months will not get Loyalty bonus”

2. Next fake is that they printed vouchers and gave it for 1 year out of 4 years , for purchases of 220/- worth products, now they say that this coupons will stand cancelled and asking associates to upload photos in website and login and take a printout of the voucher in website.

One question how many people will have knowledge of net and computers, many might have joined by force, emotional joining, out of pressure, for pleasing a friend etc. They don’t remember their password, login, details, cell number to enter in the time of registration in NMart, but, now how can they log in and get a printout from the site,

Many people who joined them NMart died, transferred, shifted etc. Who will have the password and contacts of the associates, how can this poor associate take a printout and get Rs 220 products.  

Many poor Indians don’t know net and computers etc.

3. They said they will give a smart card, loyalty card for transaction they have not sent it till date. It is doubtful they send in future.  

4. They said that they will get repurchase income for associates, that is,  if associates under  a joined person, who have a 20 layer people , who are called down line, if the down line purchase products , the up line will get commission on products in this manner 16 , 25, 50 and 1 percent commission. 

But till  today this amount is not counted.  Is this not cheating?

5. They promised big gifts, but it is a doubtful they are giving or not. Only few that is in 10 per cent will earn money in MLM, that is, once food is poison for others.

Have a look at the tricky agreement put in their website of the login of associates

The following are the terms and conditions for an Independent Business Associate of

M/s NEWLOOK MULTITRADE Pvt. Ltd.

Independent Business Associate” refers to, : XXXX  S/o , R/o XXXX

(Hereinafter called as the “Independent Business Associate” which term shall mean

and include their heirs, executors, successors, administrators, legal representatives

and assigns etc., of FIRST PART) AND “Nmart” refers to a division of NEWLOOK MULTITRADE PVT LTD, 3rd Floor, Savera complex, opp. Krishana Petrol Pump, Udhana-Navasari road, Surat, Gujarath.

(Hereinafter called the “Nmart” which term shall mean and include his heirs,

executors, successors, administrators, legal representatives and assigns etc., of SECOND PART.) 

Legalities we understand

NEWLOOK MULTITRADE is a registered company, registered under the company’s Act,

1956, having understood by both the parties herein on the following legal information

stated below:

1.    It is believed and understood that, the Government of India in its letter vide

No.F.No.21/22/2001 Dt. 09/04/2003 & D.No.21/22/2001 Dt. 31/03/2003, 

categorically stated that “the inapplicability of the provisions of the Prize Chits Money

Circulation Schemes (Banning) Act, 1978” to direct/network/ multilevel marketing,

does not come under purview of Police (criminal) action who carries a marketing

business of selling the products/goods similar to this Nmart.

2. It is also believed and understood that, the Hon’ble Supreme Court of India, in its

judgment reported in 1982 SC 949 & 1988 SC 492, categorically passed a historical

verdict, stating that the Police (criminal) action has no consequence on these type of

companies, so as also, in another judgment reported in 2006 Crl.L.J.1961 by the

Hon’ble High Court of Patna (Bihar) that, even these type of Companies have only

consequence in Civil nature of Litigation.

Marketing Business, since it does not suffer from any legal complications as indicated

herein above. Hence entered under the following terms & conditions.

Independent Business Associate. 

1. NEWLOOK MULTITRADE accepts payments against its goods/products/services as

an advance payment to deliver the goods/products/services, thereafter issues the

PVC (Payment Verification Code/ E-pin) immediately to the person who has sent the

payment subject to verification and acknowledgement of the remittance only.

Subsequently, the online purchase account will be created by name as an Independent

Business Associate to the NEWLOOK MULTITRADE and will get started with those

facilities and benefits subject to online purchase account has been setup.

2. NEWLOOK MULTITRADE will only be responsible for sending the PV/E-pin to the

respective Login ID of the person who remits payment into the company’s account and

3. The minimum advance amount for  purchase to become an Independent Business

Associate of NEWLOOK MULTITRADE begins with Rs. 5500.00, after submission of

company’s application, its rules and regulations under terms and conditions duly

signed by the IBA together with this agreement.

Purchase

1. Nmart acknowledge the payment of Rs {4.Registration Amount}/- that has been

received from the Independent Business Associate who’s NEWLOOK MULTITRADE ID

{5.Username} is against the purchase of our products.

2. NEWLOOK MULTITRADE will provide a purchase account under the login section of

website www.nmart.co.in and this payment will reflect in terms of advance products

coupon to purchase goods/ products.

3. Independent Business Associate has to take the printout of the agreement from the

login section and after signing on all the pages, has to send to the company along with

their copy of PAN and address proof to become a verified Independent Business

Associate, further understands that verification is must to receive the payout from the

company, in case of delay in verification NEWLOOK MULTITRADE will hold the payout

until the verification process is completed.

1. Independent Business Associate will get Nmart Loyalty bonus of Rs.11, 000 after 48

months of purchases. NEWLOOK MULTITRADE will try its level best to give maximum

bonus not less then Rs.11, 000.

2. Each associate will get free purchase voucher of Nmart stores worth Rs.220/- each

month for 48 months, which can be redeemed at any Nmart retail outlet across India.

3. Independent business Associate will get credit facility of Rs.1500/- max. for every

month,

availed from any Nmart stores across India including compensation plans shown in

brochure.

duration, Nmart will hold all credit facility, free purchase vouchers and Loyalty Bonus.

plan as mentioned in our website www.nmart.co.in

months will not get Loyalty bonus.

WHEREAS:

1. Independent Business Associate agrees that the NEWLOOK MULTITRADE

Independent Business Associate is an independent contractor, and not an employee,

agent, partner, legal representative, or franchise of NEWLOOK MULTITRADE

Independent Business Associate further agrees not to incur any debt, expense,

obligation on behalf of, for, or in the name of Nmart.

2. Independent Business Associate must be of above 18 years old on the date of

agreement.

3. Management reserves right to accept or reject/cancel the Independent Business

Associateship whenever it feels reasonable.

on his/her name.

plan and NEWLOOK MULTITRADE products and services as set forth at the official

regarding potential income, earnings, products or services beyond what is stated at

the official NEWLOOK MULTITRADE website. Independent Business Associate further

agrees not to reproduce commission checks or distribute commission checks in any

form or by any means.

MULTITRADE Independent Business Associates, NEWLOOK MULTITRADE products,

NEWLOOK MULTITRADE Business Plan, NEWLOOK MULTITRADE employees or

NEWLOOK MULTITRADE Independent contractors. Independent Business Associate

understands that disparagement may result in the immediate suspension or

termination of Independent Business Associate’s purchase account with a cancellation

of any pending commissions.

website www.nmart.co.in is the latest and it will be only applicable regarding our plan,

products and services. Independent Business Associate further understands that any

printed material regarding our plan, product and services which is available in the

market may have been outdated, so please visit our website frequently for latest

updates regarding our plan, products and services.

This action may result in the immediate suspension or termination of Distribution

account with a cancellation of any pending commissions. Independent Business

Associate will also be in violation of the NEWLOOK MULTITRADE Distribution

Agreement and subject to legal action and be held liable for any financial loss incurred

by Nmart. Any service interruptions to NEWLOOK MULTITRADE as a result of

Independent Business Associates spamming will be billed to Independent Business

Associate at Rs. 10000 per hour until service is restored. For the purpose of this

agreement SPAM is defined as emailing ANYONE, in bulk or by single mailing, about

Nmart, who has not specifically requested the information directly from Independent

Business Associate. The ONLY exceptions to this are:

Mailing to APPROPRIATE OPT-IN mailing lists where the sources do the mailing on

Independent Business Associate’s behalf AND you do not advertise an NEWLOOK

MULTITRADE - provided Gateway URL.

However, use extreme caution when choosing an opt-in mailing list company. Using

anything but the most reputable sources could generate spam complaints against

Independent Business Associate resulting in suspension or termination.

You may include information on NEWLOOK MULTITRADE in email Acknowledge

Messages for orders and inquiries that you receive so long as it is stated upfront that

you will be sending them an acknowledge. NEWLOOK MULTITRADE also considers any

type of advertisement about NEWLOOK MULTITRADE posted to a Newsgroup or Chat

Room to be spam. Violators may be fined at Rs. 2500 per incident.

9. Independent Business Associate agrees to provide NEWLOOK MULTITRADE with

valid email address, postal address, and copy of PAN card and address proof upon

registration. Independent Business Associate understands that the use of an Auto-

Responder email address is prohibited.

10. All payments will be made in Rupees. Independent Business Associate

commissions shall normally be paid by ECS/Account transfer/Demand Draft or

Cheques and sent out weekly/monthly. If a sale is cancelled or refundable, the related

commission will be deducted from a subsequent payment. Payment will be made after

the deduction of TDS according to Indian law. Payout will be sent through ECS to the

Bank details provided by the Independent Business Associate. Independent Business

Associate is requested to update the Bank Account and Bank Code. Providing the

wrong bank account may cause delay of payout and NEWLOOK MULTITRADE will not

be responsible for the same. Any penalty or fine or charges levied by the bank shall be

born by the Independent Business Associate due to insufficient/ inaccurate information

given by the Independent Business Associate.

11. Independent Business Associate agrees to receive NEWLOOK MULTITRADE email,

and restricted to sales reports, training, newsletters, plus messages.

12. NEWLOOK MULTITRADE will make every reasonable effort to track and pay

commissions for all sales that apply to Independent Business Associate. However,

NEWLOOK MULTITRADE is not responsible for technical problems, acts by third

parties, or other events outside our reasonable control which may temporarily disrupt

or diminish this service.Independent Business Associate understand that Independent

Business Associate tracking can never be 100% accurate and NEWLOOK MULTITRADE

is not responsible for inaccuracies that might occur beyond its control. Tracking of

Independent Business Associate sales depend on several factors, technical and

otherwise, which are out of the control of Nmart. It is the goal of NEWLOOK

MULTITRADE to make Independent Business Associate tracking as accurate as

possible; however, NEWLOOK MULTITRADE cannot guarantee 100% tracking for

situations beyond its control.

13. To protect NEWLOOK MULTITRADE customer privacy, if deemed necessary,

NEWLOOK MULTITRADE reserves the right to withhold identifying customer contact

information from Independent Business Associate.

14. NEWLOOK MULTITRADE reserves all rights in or to its trademarks and services

marks but may be used by Independent Business Associate in accordance with this

agreement. Independent Business Associate may in no way display NEWLOOK

MULTITRADE logo, image or trademark that may be distasteful, misrepresented or

subjecting to deterioration.

15. Independent Business Associate shall follow NEWLOOK MULTITRADE advertising

guidelines and agrees not to misrepresent NEWLOOK MULTITRADE products and

services. Independent Business Associate agrees to use only NEWLOOK MULTITRADE -

approved ads. You may submit your own ads for Nmart’s approval. They must be

approved however before you can publish them.

16. Independent Business Associate may not assign rights or delegate duties under

this Agreement without the prior written consent of Nmart. Upon request NEWLOOK

MULTITRADE will provide Independent Business Associate with guidelines for the sale,

transfer or assignment of Independent Business Associate with guidelines for the sale,

transfer or assignment of Independent Business Associate NEWLOOK MULTITRADE

business.

17. NEWLOOK MULTITRADE shall not be held liable for any indirect, incidental, special

or consequential damages or any loss of revenue or profits arising under or with

respect to this Agreement or program, even if NEWLOOK MULTITRADE has been

advised of the possibility of such damages. NEWLOOK MULTITRADE aggregates

liability arising under or with respect to this agreement or the program shall in no

event exceed the total commission paid or payable by NEWLOOK MULTITRADE under

this agreement. 

18. NEWLOOK MULTITRADE reserves the right to amend, modify, and terminate this

agreement at any point of time with out any notice. The Term of this Agreement shall

stand good for a period of one year from the date of execution of this agreement and

shall automatically be renewed after every year without further consents of parties

unless either party has terminated this Agreement by written notice to the other. If

terminated, outstanding commissions at time of termination shall be paid in the next

payment so long as the Independent Business Associate did not violate the terms of

this agreement. Payment of the final commission to the Independent Business

Associate may be with held for a reasonable time in order to ensure that the correct

amount is paid.

19. No Refund Policy: The purchase amount paid towards goods/products/services

offered shall not be refunded under any circumstances and Independent Business

Associate can take back his/her 100% goods/products/services if the purchase coupon

has not been redeemed and has not violated any clauses mentioned in this

agreement.

20. Jurisdiction: In the event of any dispute arising between the Independent Business

Associate and NEWLOOK MULTITRADE relating to any matter connected with this

agreement or with regard to appointment as an independent Business Associate of

NEWLOOK MULTITRADE or the subject thereof or in relation thereto and whether as to

construction or otherwise, the same shall be referred for Arbitration and Conciliation

Act, 1996. The company shall appoint a Sole & an Independent Arbitrator whenever

any such dispute arises. The award made by the Sole Arbitrator shall be final and

binding on both the Independent Business Associate and Nmart.

The jurisdiction for the purpose of any litigation shall be the Jurisdiction of Surat,

Gujrat state Courts only.

Both the parties herein consents with each other, agrees the above terms & conditions

under this agreement by enjoying sound health with out any compulsion and under no

duress, entered also within the meaning and ambit of Cyber Laws of the Information &

Technology Act, 2001 or any other laws of this land made on the 3 Day of February in

year 2011.

1. Party No. 1 : XXX                                                  1.       2. Party No. 2 : Newlook Multitrade Pvt. Ltd.