1.     Franchisee : By the words “Distributor” we mean the party who has been approved by the company for selling our products by distributing our products through retailers and wholesalers  and also generating demand of our products through prescriptions / other means.

2.     Company or Franchisor: By the words “Company” and by "Franchisor" we mean the manufacturing company “M/s Indian Herbal Remedies” whose registered office is at Plot No. 141 DIC Industrial Area, Baddi, Himachal Pradesh - 173205, India,  that will supply the products to , Franchisees, Distributors, retailers and wholesalers for reselling.

GST No. of M/s Indian Herbal Remedies : 02AAHPV8347C1ZP

3.     Discounts : An attractive margin has been provided between trade & retail prices.

4.     Freight: All goods will be supplied to Distributors on “To Pay basis” and the liability to send the goods to Wholesalers or Retailers will be of Distributor. 

5.     Transit Losses:  All losses in respect of breakage, shortage, damage & delay in transit during transportation shall be to the buyers account. No claim in this respect will be entertained by M/S Indian Herbal Remedies, 141 DIC Industrial Area, Baddi – 173205 (HP).

6.     Payments:

·       All Transactions are against RTGS / NEFT / PayTM / UPI / Netbanking online paymentsonly. No Credit shall be given to any party. 

·       All Purchase Orders should be accompanied by  RTGS / NEFT / PayTM / UPI / Netbanking online payments of 100% amount favoring –  M/s INDIAN HERBAL REMEDIES, payable at Baddi (HP)

NEFT Details :

Account Name :

Indian Herbal Remedies

Bank :

State Bank of India 

Branch :

SSI Branch, Sai Road,

Baddi, H.P. - 173205

Account Number :

10408433325

IFS Code :

SBIN0005397

 

Distributor can also pay through PayTM. Our PayTM Mobile No. for receiving payments is : 6269991111

 

7.     Franchisee Should Note:

Franchisee should obtain all necessary licenses and permissions, GST Number, if any is needed for sale and distribution of M/S Indian Herbal Remedies' products. The Company shall not be responsible for non–compliance of any Govt. rules & regulation by the Franchisee.

* Terms for Maintaining Status as a Franchisee of the Company :

A Franchisee has to place a Minimum Monthly Order of his officially set target of all collective products of M/s Indian Herbal Remedies. In case M/s Indian Herbal Remedies does not receive any ‘Repeat order’ from the franchisee within a period of 90 days starting from previous order, his/her monopoly rights for the agreed territory would be declared null and void without prior notice and Indian Herbal Remedies reserves the right to appoint any new franchisee in that particular territory for distribution of its products.  

8.     The Franchisee shall, have no right to take action against the company for any delay in delivery, caused by shortage of stock, delay in transit, accident, strike or any unforeseen reasons.

9.     Our Sales & Administration staff is not authorized to take cash from any Distributor / Stockist / Retailer either for company or personal use. If any sales or administration staff demand any money, it should be immediately reported to the company.

10.  Goods should be stored & taken care of in such a way that they do not deteriorate in quality & shape. If any product is found deteriorated, its sales should be stopped under advice to the company. Only the right quality goods in terms of proper packing and mentioned shelf-life of the products should be sold to customers.

11.  Franchisee shall sell company’s products with the Cartons, Wrappers, Label and Seals intact.

12.  Goods once sold are not returnable, either for credit or exchange. On no account whatsoever will the company accept any responsibility for good returned without prior written consent from the company.

13.  The term & conditions and prices mentioned are applicable to the Franchisee of Indian Territory. The Terms & Conditions and Prices are subject to change without prior notice to the Franchisee.

14.  The Franchisee should work in the agreed territory only otherwise Company reserves the right to cancel the “Franchise” rights without assigning any reason.

15.  All disputes out of transactions or otherwise under these terms shall be subject to the territorial jurisdiction of the Court at Nalagarh (HP) only.

16. Marketing/Selling of products is a job that the franchisee will be managing on his own; while IHR will provide Franchisee promotional material for marketing support from time to time. IHR will not be providing medical representative at your disposal.

17. Latest applicable GST rate shall be applicable on the products after discounts. 

18. From IHR’s side Franchisee will get long expiry products (i.e, after 2 years expiry or even more) but company will not accept return of any products that is once sold, unless there is any quality related issues. Also, company will not provide any claim on damage that occurs in transit; concerned transporter will be responsible for the same.