-
10th January 2015, 01:19 AM
#11
Senior Member
Senior Hubber

Originally Posted by
Avadi to America
you mean 8C with nonrefundable of X% of distribution price in the downturn scenario...
Then it could have happened this way
Option 1. 9C with refundable of x% of 9C in the downturn scenario
Option2 : 8C with nonrefundable in downturn scenario.
The local distributor might have chosen option2.
Nobody knows if the option 1 was given. So, we cant assume that.
as per the pressmeet, 8 crore non-refundable deposit should be paid for that region. For any revenue generated beyond 8 crores, only 10% goes to distributor as commision. But, if the generated revenue is below 8 crore, then the producer wont share the loss. So one-sided this is!
-
10th January 2015 01:19 AM
# ADS
Circuit advertisement
Bookmarks