🌿 Welcome to Mahaguru Ayurveda,
Your ID is [ID]! 🌿
We are happy to have you in our family.
Wishing you great success, growth, and a beautiful journey ahead with us.
Let’s achieve your dreams together!
Regards
Bhawani Shankar Sharma
MD & CEO
Mahaguru Ayurveda Pvt.
Agreement
This Addendum Agreement is made and executed as part of and in continuation of the main
Direct Seller/Distributor Agreement entered into between the parties.
Now, this further agreement witnesses and it is agreed by and between the parties hereto as follows, apart
from the main contract:
1. Definitions
Direct Seller
“Direct Seller” means a person appointed or authorized directly or indirectly by Mahaguru Ayurveda
Private Limited (hereinafter referred to as the “Company”), through a legally enforceable written
contract to undertake direct selling business on a principal-to-principal basis.
Explanation: The term “written contract” includes e-contracts or digital
contracts, and the same shall be governed as per the provisions of the Information Technology
Act, 2000.
Direct Selling Entity / Company
“Direct Selling Entity/Company” means Mahaguru Ayurveda Private Limited, incorporated under
the Companies Act, 2013, and running its business under the name and style of
“Mahaguru Ayurveda.”
For the purpose of these guidelines, the term includes its Board of Directors or any person authorized by
the Company.
Agreement
“Agreement” means an agreement as per the Indian Contract Act, 1872.
The term “written contract” or “agreement” includes e-contracts or digital
contracts and shall be governed as per the provisions of the Information Technology Act,
2000.
2. Appointment / Authorization of Direct Seller
In continuation of the appointment terms, it is further agreed that:
(a) The Direct Seller shall submit KYC documents including proof of identity, proof of
address, and PAN Card as per the provisions of the Income Tax Act, 1961.
(b) Valid ID proofs may include:
Aadhaar Card
Voter ID Card
Passport
Ration Card
Any other government-issued identity proof
3. Cooling-off Period
If the Company has received any joining fee, training fee, franchise fee, fee for promotional materials, or
any other charges related solely to the right to participate as a Direct Seller, the Direct Seller shall
have the right to claim such refund upon return of goods received at the time of joining.
The Company shall refund such amounts (after deduction of applicable taxes such as TDS, GST,
etc.) through cheque/DD/NEFT/RTGS/net banking within 30 days.
4. General Terms & Conditions
The Company shall be responsible for the quality of its products/services and will guide
Direct Sellers to follow best practices in the interest of consumers.
If any Direct Seller works outside the policies and guidelines of the Company, he/she shall be
solely responsible for such activities.
5. Obligations of Company
(a) The Company shall not knowingly make or allow any false or misleading representation
regarding its products, business opportunity, or compensation plan.
(b) Training/orientation shall be provided by the Company or its authorized
representatives, either physically or through digital means.
6. Suspension, Revocation, or Termination
Upon termination of this Agreement, the Company shall refund any deposit (if applicable) within 30
days of termination.
Failure to do so shall make the Company liable to pay 1% penalty per day on such deposit
until it is refunded.
7. Governing Laws
This Agreement shall be governed by:
The Indian Contract Act, 1872
The Consumer Protection Act, 2019 (including previously applicable provisions)
The Direct Selling Guidelines, 2016 issued by the Department of Consumer Affairs,
Government of India
Rules, regulations, and directions issued by the Central and State Governments
All disputes shall fall under the jurisdiction of Indian Courts.
8. Dispute Resolution
In case of disputes, parties may approach a Mediation Centre, Arbitrator,
or an authority appointed by the State Government at the District/State level.
9. Direct Seller’s Declaration
The Direct Seller hereby declares that:
He/She has read, understood, and agreed to the application form, marketing
plan, compensation plan, and this Addendum Agreement.
He/She is an independent contractor and not an employee, agent, or
representative of the Company.
He/She is not authorized to collect money on behalf of the Company.
All information furnished to the Company is true and correct. False information shall
entitle the Company to take strict action.
He/She has joined the Company voluntarily and agrees to comply with all policies,
rules, and regulations of the Company.
10. Execution
IN WITNESS WHEREOF, the parties hereto have executed this Addendum
Agreement through their authorized representatives on this
18th day of December, 2025..