MANAGEMENT
iTrade is managed, superintendence and controlled by the Board of Directors of iTrade.
PURPOSE OF THE ISSUE
The fund collected by you will be utilized to provide you insurance and Guaranteed Returns. INVESTMENT BY NON-RESIDENT INDIANS Investment from non-resident Indians would be accepted subject to the approval and directions of the LIC India from time to time.
CERTIFICATE
An Identity card will be issued within 10 days from the date of application which indicates membership of iTrade India. As well as an insurance bond will also be provided other than ID card.
MODE OF PAYMENT
The entire amount payable on application is only by Cash/Cheque/Demand Draft favouring to LIC India payable at Kolkata only.
BORROWING POWERS
The borrowing power of the Board of Directors is within the limit as authorized by members of the company in General Meeting.
TERMS & CONDITIONS
1> Every Business Development Associate (BDA) is bound to obey the following Terms & Conditions of the company that may be changed time to time.
2> Submission of this application form for BDA does not necessarily guaranteed any employment in the said company. A BDA will work only on commission and incentive basis.
3> Commission and Incentives will be paid as per growth.
4> The company reserves the right to modify, change or abandon the career structure of the BDA at its sole discretion without assigning any reason or prior notice.
5> The company will not be responsible for cash transaction unless receives and acknowledge by way of an official receipt of the company.
6>The age at entry to join this business is 18 yrs. To 48 yrs.
7>At the time of joining the applicant will have to pay Rs. 3017 only i.e. Rs. 3002/- as a LIC premium which may be in Cash/Cheque/DD and Rs. 15/- as service charge in cash only.
8> The Company is not responsible to claim any of the benefits provided by LICI. The Company will provide only those benefits mentioned in Annexure-I.
9>I agree to abide by all the above mentioned terms & conditions and circular issued up to date and also to be issued by the company from time to time.