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STAR AUTO CABS

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M/S STAR AUTO CABS(A Unit of ZEESTAR LIMOUZINES LIMITED) ... Sub: Car Leasing Scheme / Finance & Investment Scheme. Dear Customer, ... – PowerPoint PPT presentation

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Title: STAR AUTO CABS


1
STAR AUTO CABS
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Managing Director's Message
  • Dear Clients,
  • Those who dare . Win
  • The great wave of tourism industry calls you I am
    confident that you have prepared well to achieve
    your goal. Prepare your mind with success and
    success will automatically come to you. Do not be
    disheartened by your drawbacks or disabilities,
    if any, no one is perfect. Dwell on your assets
    or plus points and utilize them to attain
    success.
  • The adventurous prosperous and charming life at
    any place can be yours if you have a truly strong
    motivation for achieving them. One's attitude
    determines one's future. You can always fashion
    your future the way you want. You need only the
    desire to gorge ahead. And then, if you proceed
    in a very trained and effective way you will
    surely succeed.
  • Be positive invest for your future, to be sure to
    move forward and afloat with the power of money
    earned by your investments.

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About Us
  • Welcome to ZEESTAR Limouzines Limited. One of
    the professional transportation company servicing
    the corporate business world. ZEESTAR Limouzines
    Limited aims to provide a high quality all India
    level services for all types of journeys. We know
    how important it is to provide business travelers
    with a reliable Chauffeur service. Each of our
    Chauffeurs is professional, knowledgeable,
    discreet and with the particular needs of the
    business traveler.
  • ZEESTAR Limouzines was established in 2002
    Internationally by ZEESTAR Group. California, USA
    our experience provided professional services in
    travel transportation.
  • Professionalism, Experience and Superior quality
    are at the heart of philosophy. Our ability to
    provide a complete and professional solution to
    transportation requirements is unrivalled in the
    market place.

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Our Belief
Business Principles
  • To Offer diversification, thru our value added
    services incorporating the highest professional,
    moral and ethical standards to clients and
    customers.
  • To conduct business with Honesty, Integrity and
    Confidentiality.
  • To earn respect and justify the client's faith in
    the business transacted at all times.
  • To offer services without taking undue advantage
    of the client's position or his lack of awareness
    of the markets, policies and local issues.
  • We believe to respect the value of each
    individual client and their unique needs and
    assist through our professional expertise and
    related experience to realize their goals.
  • We believe that ethics and integrity forms the
    core strength of an organization.
  • We believe in developing and maintaining
    long-term relationship.
  • We believe that team work and professional
    approach in work will lead us to continuous
    success.

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Our Mission Vision
  • To deliver value for money good investment
    returns.
  • To respond to the evolution of man's
    requirements.
  • To support new entrepreneurs in creation of
    accelerated value and enrichment of wealth
    through efficient and effective coverage of
    resources and to provide one stop solution for
    multipurpose business avenues in the new emerging
    environment by planning a focused and dynamic
    role in managing changes in the entire value
    chain of business process.
  • Serve the larger community of which we are a
    part, in general, where our abilities can be
    uniquely useful.

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  • mutual consent by either side giving three months
    notice by paying the termination charges.
  • Note Bank Guarantee term will not be terminated
    till six month from the time of issue at any cost
    or under any circumstances. Balance Agreement can
    be terminated at charges as applicable. However
    no termination or cancellation of the whole
    contract can be done later than three months from
    the date of agreement thereafter the agreement
    shall remain firm and the same cannot be
    cancelled by the LESSOR under any circumstances.
  • TERMS OF PAYMENT
  • 2. a) Monthly Rent \ Hire charges of
    ................... per vehicle less deduction
    _at_............... all taxes, Bank Charges as
    applicable and agreed at the time of the contract
    between LESSEE and LESSOR. Net amount payable
    ..................... for the time of one year
    Bank Guarantee or five year Bank Guarantee will
    be paid by the LESSOR as required by the LESSEE
    at the time of the contract. In case of one year
    Bank Guarantee net amount of Rs
    ............................... will be paid
    after expiry of Bank Guarantee. In case of five
    years Bank Guarantee net amount paid will be
    mentioned as above.
  • b) Monthly Rent / Hire charges of
    ................... per vehicle. Such rent shall
    be paid on the ................. Day of
    ................ and the subsequent rent to be
    paid on or before the .................of every
    succeeding month regularly during the entire term
    of the agreement (without Bank Guarantee option)
  • c) Monthly Rent / Hire charges of
    ............................... per vehicle less
    deduction _at_ 20 taxes plus Bank Charges as
    applicable. Net amount ........................
    (payable till the time of Bank Guarantee) After
    Bank Guarantee net payable .......................
    ... Such rent shall be paid (with One Year Bank
    Guarantee option).
  •   d) Monthly Rent / Hire charges of
    .................. per vehicle less deduction _at_
    30 taxes plus Bank Charges as applicable. Net
    amount .......................... (payable till
    the time of 5 years Bank Guarantee) such rent
    shall be paid.
  • e) If the LESSEE making any default in payment
    for subsequent three months from the date of
    payment the LESSEE will pay the interest at the
    rate of 24 per annum on default amount till
    payment and interest is paid.
  • f) Bank installments for the entire loan period
    will be paid by the lessee in addition to his
    Charges / Benefits as per the agreement to the
    LESSOR as mentioned above.
  • 3) Insurance to be covered and effected by the
    LESSEE / Registered owner for the entire period
    of the agreement.
  • 4) Maintenance shall be responsibility of the
    LESSEE for the entire period of the agreement.
  • 5) All types of fuels during the validity of the
    agreement shall be the responsibility of the
    LESSEE including Engine Oils etc.
  • 6) Driver for operating the vehicle during the
    validity of the agreement shall be the
    responsibility of the LESSEE also to ensure to
    engage the services of licensed driver and make
    all statutory dues clear of the same.
  • 7) Buy back the company will pay prefix amount
    for the resale of the vehicle as agreed upon for
    the various segment.
  • 8) a) Theft / Accidents / Loss Claim upon the
    intimation by the LESSEE, the LESSOR / Registered
    owner will initiate claim with the insurance
    company in the events of Accidents, Damage and
    Necessary Documents would be provided by the
    LESSEE.
  • b) If any of the eventualities as stated in this
    clause occurs and not with standing the same the
    LESSOR shall continue to receive from the LESSEE
    the monthly fix rentals.
  • 9) JURISDICTION- The vehicle leased out shall
    be operated within INDIA and if any dispute
    arises the competent Court of Delhi shall have
    exclusive jurisdiction.
  • 10) Agreement binding on the LEESEE under this
    agreement is fully authorized to sublet/rent the
    said vehicle to any third party and the LESSOR
    shall not raise.
  • 11) TERMINATION- In case of termination after
    90 days the LESSOR undertakes to loose all
    benefits under this contract and agrees to the
    said clause.
  • AGREEMENT
  • This AGREEMENT made on this ......................
    ....... Day of ....................... 2008
  • BETWEEN
  • M/S STAR AUTO CABS(A Unit of ZEESTAR LIMOUZINES
    LIMITED)
  • A Company Registered under the Companies Act
    1956,
  • and having its Registered office at A-116 Ground
    Floor,
  • Lajpat Nagar, Part -1, New Delhi-110024
  • HERE IN CALLED THE LESSEE of the ONE PART,
  • AND
  • MR. MRS.
  • ....................................
  • ....................................
  • ....................................
  • ....................................
  • (HEREIN CALLED THE LESSOR) of the other part

  • NOW THIS AGREEMENT WITNESS THE FOLLOWS
  • In consideration of the rent/ hire hereby
    reserved and the other term and condition
    covenants and agreement herein contained and on
    the part of the lessee Motor Vehicle or margins
    amounts towards purchase of Motor Vehicle subject
    to terms and conditions.
  • Make and Colour

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  • LESSEE'S COVENANTS
  • Without prejudice to the above terms conditions
    and requirements on the part of the LESSEE hereby
    further covenants with LESSOR to-
  • 1. Take the delivery of the Vehicle and sign the
    delivery and acceptance certificate provided by
    the LESSOR and upon signing of the acceptance
    certificate the LESSEE shall be thereafter not be
    entitle to raise any objections what so ever
    about the condition of the vehicle.
  • 2. Pay the rent / benefits as stipulated in the
    agreement.
  • 3. Use the vehicle for its bonafide business
    purpose only and not for unlawful or illegal
    activities and in such an event the LESSEE is
    solely responsible for the legal and other
    consequences thereof.
  • 4. Keep vehicle in good condition.
  • 5. Not to make addition or alterations to
    vehicle without the written consent of the
    LESSOR.
  • 6. Not to transfer or assign, mortgage , charge,
    encumber, sell or otherwise dispose of the
    vehicle or any interest therein not to create nor
    allow to be create an lien on vehicle.
  • 7. Not to claim any amount by way of deduction
    or allowance under the INCOME TAX ACT or any
    other LAW,STATUE, RULE or REGULATION.
  • 8. Permit the LESSOR to terminate the agreement
    forthwith and take possession of the vehicle let
    out on hire form the LESSEE in the event of
    failure or default by the LESSEE of any terms and
    conditions of the agreement or any policy of the
    Company.
  • 9. AMOUNT OF Rs._________________________________
    ____________________
  • (RECEIVED TOWARDS MISCELLANEOUS CHARGES)
  • 10. THE AMOUNT OF Rs.____________________________
    _____________________
  • (RECEIVED TOWARDS MARGIN MONEY)
  • AGREEMENT EXECUTED IS SUBJECT TO VERIFICATON
    APPROVAL OF FINANCIERS/ HIRERES MARGIN MONEY MAY
    VARY AS PER REQUIREMENT OF SUCH VEHICLE PERIOD OF
    DELIVERY OF SUCH VEHICLE AND DELAY / NON DELIVERY
    WILL NOT BE THE RESPONSIBILITY OF LESSEE. THE
    LESSOR UNDERTAKES TO OBSERVE THE ARBITRATION
    CLAUSE AND NOT ENTITLED TO VEHICLE IN INVESTMENT
    / FINANCE SCHEME.
  • IN WITNESS WHERE OF The Lessor hereto has caused
    these presents to be signed on its behalf by its
    duly authorized official and the lessee has
    signed these presents by its duly authorized
    official on the day and year first herein above
    written.
  • FOR ZEESTAR LIMOUZINES LIMITED
  • DATE- ..
  • Sub Car Leasing Scheme / Finance Investment
    Scheme.
  • Dear Customer,
  • We approve and appreciate the support rendered
    by you to our company for the last so many years
    because of which the company could continue
    rendering service without any default all these
    years.
  • As per policy and scheme of our company after
    accepting the earnest money on the basis of
    documents made available by you subject to brand
    of vehicle opted by you the company approaches
    and recommends to the financial institutions for
    rendering financial assistance for purchase of
    vehicle and only thereafter the vehicle is
    purchase and put on hire basis.
  • However in many cases it is found that documents
    submitted by the customers / clients are not
    sufficient enough to get assistance from
    financial institutions for balance consideration
    in respect of purchase price of the vehicle and
    it is in these circumstances as per the verbal
    consent given by you and as per the terms of
    agreement we utilize the entire amount paid by
    you in our finance and investment scheme and
    continue with our commitments without any
    default.
  • In view of objections raised by our auditors and
    accounts department in transfer of amounts form
    car leasing scheme to finance and investment
    scheme in spite of your verbal consent, your
    consent in writing is required and accordingly
    you are requested to forward your consent by
    signing on the confirmation slip enclosed
    herewith.
  • Please take note if we do not receive your duly
    signed confirmation slip within fourteen days on
    receipt of this letter either accepting or
    rejecting it shall be considered and taken as
    confirmed that you have opted for the finance and
    investment scheme. Further more you have no
    objection in allowing us to use your money to
    invest in sister / subsidiaries of ZEESTAR
    LIMOUZINES LIMITED.
  • In case of any doubts you are free to see our
    representatives at our office within 14 days from
    the date hereof.
  • Thanking You
  • Yours truly
  • Authorized Signatory
  • CONFIRMATION SLIP / NOC
  • I . Hereby confirm my investment
    according to the agreement and finance and
    investment scheme of the company.
  • Signature .

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