Will you please tell me Retail Dealership Reconstitution Guidelines of Hindustan Petroleum Corporation Limited?

I will tell you Retail Dealership Reconstitution Guidelines of Hindustan Petroleum Corporation Limited so that you can have idea.

Here telling you some guidelines

Reconstitution at Letter of Intent (LOI) stage
No reconstitution of dealership will be allowed at LOI stage, irrespective of categories of such dealership except under the following conditions

In the event of death or incapacitation due to serious illness/ accident resulting in total and permanent disability, reconstitution at LOI stage may be considered subject to eligibility of legal heir as under

Where substantial investment towards commissioning of dealerships has been made by the LOI holder

(i) LOI may be transferred to the legal heir of the deceased/ incapacitated LOI holder.

(ii) In case of partnership, reconstitution may be allowed with the legal heir of the deceased/ incapacitated original partner.

(iii) The legal heir will have to fulfill multiple dealership norms and other eligibility criteria, as applicable for Dealer Selection under Open category




For full information please have a look on file


Address:-
Hindustan Petroleum Corporation Limited
Petroleum House, 17,
Jamshedji Tata Road,
Mumbai 400020

Attached Files

Retail Dealership Reconstitution Guidelines of Hindustan Petroleum Corporation Limited.pdf (39.9 KB, 237 views)