The applicant is required to read thoroughly and understand the terms and conditions,
policies, procedures, code of ethics and business opportunities of the company as
given below. This application/agreement form is considered as an authentic and legally
binding document. This contract is between the applicant/Reader Member (herein after
referred to as RM) and Punjab Today Readers’ Club (herein after referred to as PTRC)
managed by PT Media Pvt. Ltd. (herein after referred to as Company).
Punjab Today Readers’ Club managed by PT Media Pvt. Ltd. shall consider only such
application for membership which are duly filled-in, signed and submitted by applicants
completed in all respect.
If the applicant agrees to adhere to and abide by the conditions mentioned hereunder,
he/she shall become a Reader Member on paying a membership fee/purchase of product
package as formulated by the company by way of crossed demand draft favoring PT Media
Pvt. Ltd. payable at Patiala.
The company has not authorized any official, officer or Reader Member of the PTRC/company
to receive any amount in cash on behalf of the PTRC/company towards the RM fee, or
cost of package, as the case may be. The same should be submitted only at our corporate
If anybody makes any payment in cash, it will be his/her own risk and under no circumstances,
will the PTRC be answerable to such unauthorized cash payments.
The PTRC/company reserves the right to accept or reject the request for the Reader
Membership of the PTRC without assigning any reason. Reader Membership will be deemed
to have been commenced only after PTRC accepts and confirms the membership of the
The fee for membership will be fixed by the PTRC, from time to time, shall be paid
by the applicant in advance by way of demand draft drawn in favour of PT Media Pvt.
Ltd. payable at Patiala. It will be sole responsibility of the applicant/Reader Member
to make the payment at the office of the PTRC managed by PT Media Pvt. Ltd. at Patiala
and in case the payment is not received in the Patiala office of the PT Media Pvt.
Ltd. then PTRC or PT Media Pvt. Ltd. cannot be held responsible for any misuse of
such demand draft and the applicant/Member shall have to make the payment afresh.
The person who is making an application for Membership of the PTRC should be an Indian
and should not be below the age of 18 years and not more than 70 years. The applicant
should be of sound mind and should not be an insolvent.
The applicant should not be involved in any criminal case at the time of applying
for the membership with the PTRC.
The payment made at the time of making application for Reader Membership is non refundable.
The RM will be eligible for royalty/incentives or income only as per the number of
RMs enrolled by him/her that is also subject to the eligibility norms formulated
by the PTRC. The PTRC does not assure any incentive or income to the Reader Member
on merely account of his/her joining the company.
If any false information is given by the applicant in the application for Membership
or otherwise then PTRC shall have a right to terminate the Membership of such person
immediately without any prior notice and the Member shall neither have a right to
claim any refund of the amount as deposited at the time of making the application
nor he can claim any other benefits from the PTRC nor he will be allowed to carry
on his/her Membership in future.
The PTRC will make the payment of the Royalty to the Reader Member by way of account
payee cheques only after he/she complete the concerned step as per the Royalty plan
provided to the Member. The cheques of all the steps will be issued to the Member
after deducting T.D.S as per the provisions of the Income Tax Act and various other
service charges/deductions as determined by PTRC from time to time.
The validity of the Reader membership shall be one year and the Membership must got
renewed by the Reader Member by making such payment as will be fixed by the PTRC
from time to time and if the Member fails to get its Membership renewed before expiry
of one year than after one year he/she will not be entitled for the payment of the
royalty from the PTRC or any other benefits as fixed by PTRC. However, the Reader
Member shall have a right to apply afresh with the PTRC and his Reader Membership
shall be granted afresh by the PTRC on payment of fresh application fee.
The appointment of the Reader Member and the allotment of the RM Number shall be
done only from the registered office of the PTRC managed by PT Media Pvt. Ltd. i.e.
The Reader Member shall enroll other RMs as per the terms and conditions of the PTRC/company
and shall abide by the rules, regulations, policies, procedure of the PTRC/company
and the PTRC/company shall be at liberty to change such rules, regulations, policies
and procedure at its sole discretion.
The Reader Member shall not be an employee/representative of the PTRC/company or
any other official of PTRC/company. The Reader Member shall be independent contractor
for all purposes i.e. for legal purpose, tax purpose etc.
The PTRC/company should not be bound by any illegal act of the Reader Member and
the PTRC/company cannot be held responsible for any wrong committed by the Reader
The PTRC/company by way of the agreement is only granting Reader Membership to the
applicant and is not creating any partnership with its Reader Member.
The Reader Member, during the continuance of this agreement, shall hold in confidence
business information and literature of the PTRC/company which the Reader Member shall
acquire during the terms of the agreement. In case of any breach by the Reader Member
than the PTRC/company shall have a right to claim damages for the losses as will
be caused to the PTRC/company and its image and reputation.
In the event the PTRC/company come to know, from any source whatsoever, that the
Reader Member has breached any provision of his agreement, rules, regulation, policies
or procedure, as amended from time to time, then the PTRC/company shall have a discretion
to terminate the Reader Membership without any intimation to the Reader Member and
in that event the Reader Member shall not have any right to challenge the same and
shall also not entitled for any benefit/royalty/commission form the PTRC/company.
However, the PTRC/company shall have a right to claim damages from the Reader Member
as will be caused due to such breach of agreement, rules, regulations, policies and
The applicant/Reader Member is joining the membership/business of the PTRC as per
his/her own understanding and without any personal obligation either to PTRC/company
or to anyone else.
The applicant/Reader Member has gone through and understand the complete Royalty/business/membership
plan before making the application for Reader Membership with the PTRC and also understand
that the PTRC/company does not owe any money in future in respect of the joining
of the applicant/Reader Member.
It has been understand by the applicant/Reader Member that his Reader Membership
can be terminated by the PTRC if he/she is engaged/starts litigation with the PTRC/company
/sponsor/up-line/ any other network company
In case the PTRC/company come to know, from any source whatsoever, that the applicant/Reader
Member or any of his/her family member has joined any other marketing company carrying
on the business similar to the PTRC/company or he/she or any of his/her family member
has become a director of such other marketing company or he/she or any of his family
member acts as lead promoter of any other marketing company then the PTRC/company
shall have a right to terminate the Reader Membership of such Reader Member and his/her
other family members
It has been understand by the applicant/Reader Member that his Reader Membership
can be terminated by PTRC/company if he/she owns more than 11 IDs in his/her own
name. In such a case all the IDs shall be entitled to be terminated without any prior
RMs are entitled to work under one tree only with a maximum of 11 IDs. If it is found
by PTRC/company that any applicant/Reader Member is having any ID (whether working
or non working) in some other/cross tree than PTRC shall have right to terminate
his/her all IDs.
The applicant/Reader Member shall not have any right to claim any damage against
the PTRC/company for any incidental or consequential losses, if any, caused by breach,
cancellation, suspension of agreement or for termination of this agreement.
The royalty/commission/benefits as will be paid by the PTRC/company could be altered
or changed by the PTRC/company at any time at its sole discretion and the Reader
Member shall not have any right to challenge the same.
The Reader Member will have a right to terminate this agreement by giving a notice
of three months to the PTRC/company. However, if such notice is not given by the
Reader Member to the PTRC/company then the PTRC/company shall have a right to forfeit
the royalty/commission/benefits of such Reader Member and/or his/her family members
and the Reader Member and /or his/her family members shall have no right to challenge
The Reader Member at the time of making the application with the PTRC/company has
gone through the contents of this agreement also and also understood the contents
of the same.
The PTRC/company has a right to change, alter or amend the terms and conditions of
this agreement at any time without any notice to the Reader Member and the Reader
Member shall be bound to sign such amended agreement.
The Reader Member has signed this agreement with his free will and wishes and without
any pressure from anybody. The terms and conditions of this agreement shall be binding
upon the Reader Member, his/her legal heirs, successor in interest, attorney etc.
The RM will not be a consumer, agent, or employee of the company. His/her position
being so, he/she cannot bind the company, in any manner nor he/she has any authority
to bind the company or to represent or speak on behalf of the company.
The company will approve the RM confirmation by issuing an official receipt and an
online registration, which will carry the password and an identification number known
as “RM ID”. This password and RM ID have to be quoted by the Reader Members in all
his/her transactions and correspondence with the company.
The company will, no in case, entertain any communication without RM ID and password.
37. The RM shall not compel or induce or mislead any person with any false statement/promise
to join the PTRC or to purchase any package.
The PTRC/company will not be accountable/liable for any promise, assurance given
by any RM to any person, unless it is in accordance with the approved royalty/business
plans and terms of the company. Hence the applicant shall go through the Website
www.punjabtoday.org and the brochures and notices issued by PTRC/company. Through
these PTRC/company sources, he/she will fully inform himself/herself on all these
The company reserves the right to modify the terms and condition, products, schemes,
business policies, membership fee and royalty plan with/without giving prior notice
through its website www.punjabtoday.org and it will be binding on all RMs of the
Any dispute, differences or claim arising out of or in connection with this Agreement
shall be submitted to binding arbitration and shall be referred to the sole Arbitrator
appointed in accordance with provisions of Arbitration & Conciliation Act, 1996.
The venue of such arbitration shall be at Patiala only and the award of the Arbitrator
shall be final and binding on all parties. The courts at Patiala shall alone have
jurisdiction in relation to this Arbitration Agreement and any award arising there
from and no other court/forum/commission shall have any jurisdiction to try and entertain
The terms and condition within above mentioned shall be governed in accordance with
the Law in force in the territories of India. Disputes, if any arise, shall be subject
to the exclusive jurisdiction of the Courts of Patiala.