Last Updated: 01 oct 2024
Newision Shoppers Lifestyle Pvt. Ltd. ("Company," "we," "our," or "us") is committed to providing clarity and support regarding the transfer of distributor licenses in the event of a distributor’s death or inability to work due to physical or mental health conditions. This License Transfer Policy outlines the procedures, conditions, and rights regarding the transfer of licenses to a designated nominee. This policy is essential to ensure continuity and stability within our distribution network while respecting the rights and obligations of all parties involved.
1. Purpose of the License Transfer Policy
- Facilitate a smooth transition of distributor licenses under specified qualifying events.
- Protect the interests of the distributor’s family or designated nominee.
- Ensure that all transfers comply with legal, ethical, and operational standards set by Newision Shoppers Lifestyle Pvt. Ltd.
2. Eligibility for License Transfer
2.1 Qualifying Events
- Death of a Distributor: In the event of the distributor’s death, their license may be transferred to a designated nominee.
- Inability to Work: If a distributor is deemed physically or mentally unable to continue work, as certified by a qualified medical professional, their license may also be transferred to a designated nominee.
2.2 Designated Nominee
- Must be a legal heir or an individual explicitly designated in the distributor’s official documentation (e.g., will, trust).
- Must be at least 18 years of age.
- Must agree to the terms and conditions of the original licensing agreement and any relevant training or onboarding processes established by Newision Shoppers Lifestyle Pvt. Ltd.
3. Process for License Transfer
3.1 Initiating the Transfer
To initiate a license transfer, the designated nominee or a legal representative must:
- Submit a Transfer Request: Complete a License Transfer Request Form available on our website. This form requires the following information:
- Current distributor’s name and contact information.
- Designated nominee’s name and contact information.
- License details (e.g., license number, type of product/service).
- Documentation of the qualifying event (e.g., death certificate, medical certificate).
- Provide Supporting Documentation: Attach necessary documents, including:
- Proof of identity for both the current distributor (if applicable) and the nominee.
- Legal documents supporting the nominee’s eligibility (e.g., will, court orders).
3.2 Review of Transfer Request
Upon receipt of the transfer request, our team will review the documentation for compliance with this policy. This review may include:
- Verification of the identities of both the current distributor (if applicable) and the nominee.
- Validation of the qualifying event.
- Assessment of any outstanding obligations or issues related to the license.
3.3 Approval or Denial
- Approval: If the transfer request is approved, both parties will receive a confirmation email outlining the details of the transfer, including the effective date and any obligations.
- Denial: If the transfer request is denied, we will provide a written explanation of the reasons for denial, including any steps that could be taken to rectify the issues.
4. Conditions of License Transfer
4.1 Obligations of the Current Distributor (or Legal Representative)
In cases where the distributor is deceased, their legal representative must:
- Ensure that all documentation provided is accurate and complete.
- Settle any outstanding payments, fees, or obligations related to the license before the transfer can be approved.
4.2 Obligations of the Designated Nominee
- Agree to abide by the terms and conditions of the original licensing agreement.
- Complete any required training or onboarding processes as stipulated by Newision Shoppers Lifestyle Pvt. Ltd.
- Accept responsibility for any ongoing obligations associated with the license.
5. Company’s Rights Regarding License Transfer
- Discretionary Denial: The Company reserves the right to deny a transfer request for reasons not specifically outlined in this policy, such as potential conflicts of interest, reputational concerns, or other personal conditions deemed relevant by the Company.
- Review Period: The Company may take a reasonable amount of time to review and assess the transfer request, during which the current distributor's license status may remain active.
- Investigation: The Company reserves the right to conduct investigations into the circumstances surrounding the transfer request if deemed necessary.
6. Revocation of License Transfer
- The transfer was initiated based on false or misleading information.
- The designated nominee fails to comply with the terms of this policy or the original licensing agreement.
- Any applicable laws or regulations are violated.
- The Company determines, at its sole discretion, that the transfer could negatively impact the business or its reputation.
7. Dispute Resolution
In the event of a dispute regarding a license transfer, the parties agree to attempt to resolve the issue amicably through direct communication. If resolution cannot be reached, the parties may escalate the matter as follows:
- Mediation: Both parties agree to engage in mediation with a neutral third party.
- Arbitration: If mediation fails, disputes will be settled by binding arbitration in accordance with the rules and decision. The decision made during arbitration shall be final and binding.
8. Confidentiality and Data Protection
All personal information submitted during the transfer process will be handled in accordance with our Privacy Policy. We are committed to maintaining the confidentiality of all parties involved and ensuring that any data shared during the transfer process is protected.
9. Changes to the License Transfer Policy
Newision Shoppers Lifestyle Pvt. Ltd. reserves the right to modify this License Transfer Policy at any time. Without posted on our Website.
10. Contact Information
For any questions, concerns, or clarifications regarding this License Transfer Policy, please contact us at:
Newision Shoppers Lifestyle Pvt. Ltd.
Email: theshoperschoice@gmail.comBy participating in the licensing program and utilizing our Website, you acknowledge that you have read, understood, and agree to be bound by this License Transfer Policy. Thank you for being a valued member of Newision Shoppers Lifestyle Pvt. Ltd. and theshopperschoice.com!
