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8/19/2019 Nidan Aggrements
http://slidepdf.com/reader/full/nidan-aggrements 1/4
DECLARATION AND INDEMNITY
I Mr. Vivek Soni do hereby solemnly and sincerely declare that I am
registered proprietor of SQUARE !ASSES and do solemnly affirm"
declare and confirm as follo#s.
$. I am the absol%te o#ner of SQURE !ASSES.
&. I have disclosed all the facts relating to the said b%siness to a%thori'ed
representative of (I)A( *E+(,!,-IES V*. !*)./(idan *echnologies"
#hich e0pression shall" %nless it is rep%gnant to the s%b1ect or conte0t thereof"
incl%de its s%ccessors and assigns2. I confirm that all prior or s%bse3%ent
information f%rnished by me in this behalf is tr%e" complete and acc%rate in every
#ay.
4. I say that the said b%siness is free from all enc%mbrances" claim and demand and
same is not s%b1ect to any change" liens" lis5pendens" or any processes iss%ed by the
co%rts.
6. In consideration of the acceptance of this application" I agree to save harmless and
keep indemnified the (I)A( *E+(,!,-IES A() their official" sponsors"
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agents" representatives" employees and all persons assisting them in this event from
and against all actions" claims" cost" e0penses and demands in respect of myself or
any other person of persons or loss or damage to any b%siness. *he indemnity shall
be binding on my heirs" e0ec%tors and legal representatives.
7. I say that I have d%ly paid and #ill d%ly pay the rates" ta0es" cesses" assessments"
reven%es" d%ties society charges" fee" royalty amo%nt and all other amo%nts no# or
hereafter5d%e in respect of the said b%siness8deal and at present there are no arrears
of s%ch rates" ta0es reven%es etc. o%tstanding and #arrants have been served in
respect of ta0es or any d%es.
9. I say that I have verified the details" identification and credentials of all the
st%dents and #ill d%ly verify the details" identification and credentials of all the
st%dents #ho #ill be engaged or enrolled to the co%rses8training programs at o%r
centers. I #ill never give #rong details of the st%dents and their enrollment to
(idan *echnologies for the p%rpose of taking fee8ref%nd from (idan *echnologies"
If fo%nd so" I may be liable for doing the financial fra%d. All the payments related
to the co%rse in partic%lar #ill be s%b1ect to the cancellation or to the discretion of
(idan *echnologies that they may take any legal action against %s. And #e #ill
reimb%rse the fees in case of being fo%nd involved in the fra%d%lent activities in
o%r centers.
:. I say that" I have verified the bank acco%nts details of all the st%dents associated to
o%r centers and #ill verify the details f%rther for the all the st%dents associating
#ith o%r co%rses. It #ill be solely o%r responsibility to verify the st%dent;s
credentials in respect of their identity and payments" (idan *echnologies shall
have no responsibilities of the same" or (idan;s official shall not be liable for any
credential checking or verification of the st%dents.
<. I f%rther say that (idan *echnologies vt. !td. Shall have the right to receive and
ad1%st any amo%nt on yo%r behalf" that (idan *echnologies may receive anyamo%nt of fees in connection #ith co%rses or training programs pay o%ts against
the facility agreement or as per repayment sched%le in any manner as (idan
*echnologies may deem fit not#ithstanding anything to the contrary contained in
the facility agreement.
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=. I have scr%tini'ed the details and am satisfied #ith the b%siness
plans>co%rses>training program and (idan *echnologies and their a%thori'ed
representative have given me f%ll details" kno#ledge of the program in trans parent
manner" I have per%sed the re3%isite permission pertaining to the said b%siness>
co%rses.
$?.I accept that I shall be held responsible if the training centers r%n by %s have
ins%fficient infrastr%ct%re or deviating from prescribed norms. ,%r involvement as
training partner" if fo%nd in any fra%d%lent activities s%ch as fake8d%plicate
registration of beneficiaries" overstatement of financials" misleading information"
etc." #o%ld lead to its blacklisting from #orking #ith any government programs in
the f%t%re on immediate basis. I as *raining artner8 enter sho%ld strive to#ards
ens%ring high 3%ality of training to the beneficiaries. If the 3%ality of training isfo%nd to be %nsatisfactory" the (idan *echnologies may levy the penalty as per
their standards.
$$.I state that (idan *echnologies and their officials have f%ll right to inspect o%r
centers and provide g%ide line" (idan *echnologies @ill provide %s the g%idance
and s%pervision" all the infrastr%ct%re related to co%rses and training programs #ill
be o%rs" #e #ill ens%re not only the infrastr%ct%re re3%ired to r%n the co%rses" b%t
also arrange the goof trainers.
$&.I State that I have to ens%re that the necessary facilities are e0tended to the assessor
and ade3%ate lab infrastr%ct%res #ith necessary ra# materials are provided for the
assessment p%rpose. In case the assessor needs any internet connection and a
comp%ter than same sho%ld be provided on re3%est by %s as hannel artner.
$4.I state to ens%re that all statements comm%nication and representations made o
(idan *echnologies are acc%rate complete and of o%rs sho%ld not be directly or
indirectly be implicated or involved in disp%tes bet#een associate and other
parties. *hey shall not defame or discharge (idan *echnologies" its other
associates" s%bsidiaries or clients.
$6.I state that o%r cond%ct and dealings #ill be in ethical manner and #ith highest
standard as per the norms of (idan *echnologies vt. !td and ens%re appropriate
processes to prevent the offering any illegal gratification in the form of bribes or
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kickbacks either in cash or in kind or %nd%e favor in the co%rse of all dealings #ith
(idan *echnologies. Any instances of s%ch violation #ill be vie#ed in serio%s
manner and (idan *echnologies reserve the right to take all appropriate actions or
remedies as may be re3%ired %nder the circ%mstances.
$7.I state that o%r cond%ct and dealings #ill be in ethical manner and #ith highest
standards as per the norms of (idan *echnologies vt. !td. And ens%re appropriate
processes to prevent the offering and illegal gratification in the form of bribes or
kickbacks either in cash or in kind or %nd%e favor in the co%rse of all dealing #ith
(idan *echnologies. Any instances of s%ch violations #ill be vie#ed in serio%s
manner and (idan *echnologies reserve the right to take all appropriate action or
remedies as may be re3%ired %nder the circ%mstances.
$9.I make the aforesaid declaration and statements and give the aforesaid %ndertaking
solemnly and sincerely believing the same to the tr%e and kno#ing f%ll #ell that on
the faith and strength thereof" the facility has been provided8 agreed to be provided
by the (idan *echnologies to the channel partner.
_ ___________________
Signed by Mr. Vivek Soni /the )eclarant2
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