(Amendment No.

I)

ADDENDUM TO THE MAIN AGREEMENT

THIS Addendum to the main AGREEMENT made on1st July 2017 day at Delhi hereof between

SUGAL & DAMANI UTILITY SERVICES PRIVATE LIMITED, a Company incorporated and registered
under the provisions of the Companies Act, 1956 and having its corporate office at 6/35, W.E.A, Karol Bagh
110005 (hereinafter referred to as SDUS) which term shall, unless it be repugnant to the context or meaning
thereof, be deemed to mean and include its successors in interest and permitted assigns) of the FIRST PART.
AND

SAROJKANTA RADHANATH PANDA (Proprietor Name), Indian inhabitant, carrying on his business in the
firm name & Style of M/s. Matrushakti Agency (Firm Name) as sole proprietor thereof, and having PAN
CBVPS6830A , its registered office at C-3 Siddhi Ganesh Township, Paligam,Tal. Choryasi, Dist. Surat
-394230 (Office Address) and residence address at C-3 Siddhi Ganesh Township, Paligam,Tal. Choryasi, Dist.
Surat-394230
(Residence Address), India

(hereinafter referred to as Distributor) which expression shall, unless repugnant to the context or meaning
thereof, include its successor in interest and permitted assigns) of the SECOND PART;

SDUS and Distributor are hereinafter collectively referred to as Parties and separately as Party.

WHEREAS
1. SDUS is engaged in the business of providing the online distribution/processing of transactions of Mobile,
DTH recharges, Reservations, Money Remittance, Cash Cards, Bill Payments, Insurance, Wallets, CMS
(Cash Point), E-shopping etc, and it also has requisite IT-infrastructure and experience for engaging itself
with - distributors for the distribution of online services.
2. Distributor is inter alia engaged in the business of Money Transfer.
3. Both the parties have agreed to modify / revise /amend certain terms of the main agreement made on
19th August, 2017(date).

NOW THEREFORE THIS AGREEMENT WITNESSETH AND IT IS HEREBY AGREED AND

DECLARED AS FOLLOWS:
1. Representation and warranties clause : Each party hereby confirm that, if any of the party is eligible to
be registered under the GST Act, 2017, then they have duly registered under the said act and shall also
complied with the other GST provisions. Distributor will submit his GSTIN to SDUS and also undertakes
that they shall pay their respective tax liability as applicable on them under the GST Act, 2017 from time to
time without any delay.
2. Indemnity Clause : In case of failure to pay the tax Liability under GST Act, 2017 or non reflection of
GST Input of any of the party, then such party shall be liable to indemnify the other party on account of non
entitlement to receive the input tax credit due to such failure of the concerned party.
3. Provision for raising Debit Notes : If the tax liability under the GST Act of one party borne by the other
party then the other party has the right to claim such amount of tax liability from the party whose tax
liability is paid off by raising debit note for availing input tax credit.
4. Relationship between Parties: Distributor and SDUS, its employees, agents and representatives shall provide
services on a non-exclusive basis. Relationship between parties will vary on case to case basis and nothing
contained herein shall be deemed to create any partnership, joint venture, employment between the parties
hereto or between Distributors and SDUS s representatives and employees. The principal-agent
relationship is an arrangement in which one entity legally appoints another to act on its behalf, the agent
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 acts on behalf of the principal and should not have a conflict of interest in carrying out the act. The
"principal to principal" mean that the Service Provider would work on an independent basis.
5. All the terms used herein but not defined herein shall have the meaning as assigned to them in the
Agreement.
6. SDUS and Distributor hereby agree to add/modify certain clauses of the Agreement in the manner as
mentioned above and both the parties hereby further confirm that existing clauses of the Agreement shall
stand replaced with Revised/ Modified clauses as mentioned above.
7. SDUS and Distributor hereby declares, covenants, engages and agrees that all terms and conditions
covenants and obligations of the Agreement, shall be continuing and binding and further the same shall be
read and construed together with Agreement and this Addendum in all respects, save and except as specified
herein.
This Addendum to the main agreement shall be governed by and construed in accordance with the laws of India.

IN WITNESS WHEREOF the Parties hereto have caused these Presents to be executed on 08 th the day, February
month and 2015 year first hereinabove written.

Signed and delivered by the within named,

SUGAL AND DAMANI UTILITY SERVICES

M/s. Matrushakti Agency
PRIVATE LIMITED

Mr. ________________ (Regional Head)

Mrs. SAROJKANTA RADHANATH PANDA
(Proprietor)
Sign______________

Sign________________________________

Mr. Kewal Parekh (Branch Head) PAN No. BBMPP8325D

GST No. __________________
Sign_________________ Adhaar No. 418803650528

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 ANNEXURE B
Relationship between Parties

Nature of Service amount Business Arrangement

Flexi & DTH billing for net sale P2P

Cash Point device billing for device selling price P2P
Action Point Payworld to raise Invoice to Distributor

Nature of Service amount Business Arrangement

Rail Ticket sale billing for markup P2A

Bus Ticket sale billing for markup P2A
Flight Ticket sale billing for markup P2A
Hotel Reservations sale billing for markup P2A
Cash collection sale (Meru Cab) billing for markup P2A
Bill collection sale billing for markup P2A
Cash Point rent billing for rent P2A
Cash Point MDR billing for MDR P2A
Money Remittance billing for markup P2A
Payworld money - QMR billing for markup P2A
Action Point Payworld to raise Invoice to Distributor

Nature of Service amount Business Arrangement

Rail Ticket commission billing for commission P2A

Bus Ticket commission billing for commission P2A
Flight Ticket commission billing for commission P2A
Hotel Reservations sale billing for commission P2A
Cash collection commission billing for commission P2A
Bill collection commission billing for commission P2A
Cash Point commission billing for commission P2A
Eshopping billing for commission P2A
Money Remittance billing for commission P2A
Wallet Topup billing for commission P2A
Insurance billing for commission P2A
Payworld money - QMR billing for commission P2A
Action Point Distributor to raise Invoice to Payworld

*Note: Relationship b/w parties mentioned above as per present arrangement, it may vary on case to case
basis and subject to changes if done by service provider. We shall regularly communicate all the changes
time to time in near future.

GST DECLARATION
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To,
Sugal & Damani Utility Services Pvt. Ltd.
6/35 W.E.A ,Karol Bagh New Delhi -110005

I, Sarojkanta Panda Son/Daughter of Mr.Panda, resident of C-3 Siddhi Ganesh Township,

Paligam,Tal. Choryasi, Dist. Surat, Authorized Signatory/proprietor/partner/ Director of M/s.
Matrushakti Agencysituated at Ahmedabad, Gujarat do hereby solemnly declare as under:-

1. That I am/ we are the sole Proprietor/ partner/ director/ Manager/ Authorized signatory of
Sarojkanta Panda

2. That premise is situated at Surat, Gujarat.

3. That I am in occupation of Money Transfer in the said premises w.e.f. Surat, Gujarat.

4A. I am not Eligible for GST registration due to sales criteria which is applicable for GST ( Y )

4B. I am applied for GST No. but I have not received ( N )

4C. I am not applied for GST No. ( Y )

Deponent

VERIFICATION:-

Verified at __25th __ on this August Month,2017 (Year) that contents of the above affidavit are true
and correct to the best of my knowledge and belief and nothing is false or has been concealed there
from.

Deponent

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