PREMIUM WORK FOR TRUST (General)
HI FRIENDS
TERMS AND CONDITION OF PREMIUM WORK OF 10 C for TRUST- Kolkata
A party having premium fund.
B party having liquid fund.
A party pays premium of 10%+5% for TRUST
Step 1
Both the parties enter into Escrow of 2 -5 Lakhs in a 5 Star Hotel one day in
advance. Alternatively, they may sit with commitment money of 2 Lakhs cash 1.5 hr
before the transaction.
Step 2
A-party will provide company authorisation letter and then proceed to the place of
liquid for verification.
During Q & Q, both party exchange their KYC.
B party has to submit :- KYC, Certificate of approval of Proeject either by the Bank
or WBIDC or WBFC or Dept of Industries, Govt. of West Bengal.
After Q&Q, RTGS/Transfer will be sent to B-party account.
Then the liquid will be handed over to A-party by B-party.
After release of the liquid to A-party , disclaimer & UTR will be issued.
Media payment will be given at the same time.
Date- __/__/2016
Time- 10:00 AM
Amount- 10 cr
Address- kolkata
Work Amount(Premium)
10 cr. Rate 10%+5% for Trust. Media commission of 5% split (A+B)
Escrow/ Commitment money will be returned if the above process is completed
successfully else the defaulters escrow/ Commitment money will be forfeithed
Accepted the above terms and conditions
Signature A Party Signature B Party
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