Ulike Data Technology — you will be sucked in like honey

Address:	403507
Website:	ulike data

Good evening all,

Be aware before you jump into something you cannot do.

Ayan who works for ulike is a master at convincing you to take the bait. There are heavy guidelines so please insist on viewing it at first prior you handing over the security deposit of rs 3400. They not only want you to type but have excellent knowledge of ms word. I am not able to post them at present but will try later. I have lost my rs 3400 as they are not returning my money so i do not want anyone else to loose their money.

Please see below mou

Ulike data
Technology
Memorandum o[censored]nderstanding
1. This memorandum o[censored]nderstanding is made and executed on dated
Between “ulike data technology” and you be it here by acknowledged and agreed as follows:
2. First party is ulike data technology and second party is you“second party” shall pay rs.[protected] registration fee
+ 400 documentation charges)/- as registration fee, (3000 not refundable) which is
Equivalent to rupees in letter. “ three thousand four hundred only”.
(*refundable condition apply)
3. This contract shall remain valid till the next eight months from the date of starting of
Actual live commercial production and mutual relations. After the completion and
Review of the performance and mutual relation, the same contract can be
Extended or renewed ad desired by both parties.
4. Financials:
Total working days: one slot 21 days (Rs. 22000/-).
5. Payment securities:
If second party delivers the processed work as desired by the client with
98% accuracy, the first party will pay 20% advance in next remaining
Months.
6. Payment:
Payment of billing will be made after 7-10 commercial days of monthly reports.
7. Quality checking:
Quality check report will be provided with in 7-10 working days of the
Submission of the data transmitted in previous lot.
8. Accuracy:
Second party agrees to deliver processed work with 90% accuracy, otherwise
Deduction will be made as……
Between 90% - 87%- the deduction will be of 10 %,
Between 87% - 84%- the deduction will be of 20 %,
Between 84% - 81%- the deduction will be of 30 %,
Between 81% - 78%- the deduction will be of 40 %,
Between 78% - 75%- the deduction will be of 50 %.
9. Chances:
If accuracy level is below 75%, no payments will be made to second party for
That lot/month work and the first party will not give any work in remaining
Months to second party.
10. (A) in any case client doesn’t submit the work according to the instruction (Given
By company)
Or
(B) the due date, time & incomplete then company will terminate the client
Account without any notice and no issue work further.
11. If the client uses ocr converter or any other software (For the typing work) then
Company have to cancel your registration fees without any notice.
12. Any dispute arising out from the said mou signed between the parties shall be referred
To the arbitrator, which is appointed with mutual consent of both the parties
13. Both the parties of this mou could ensure the spirit of this memorandum is upheld at all
Times. It is clearly understood by both the parties that this mou is subject of standard
Force in major conditions and neither of parties will be held liable for the nonperformance
Of contractual obligations due to the condition of war, natural calamities, act
Of god etc, including change in govt. Policies or wide an unexpected development in
Foreign trade or accuracy that are beyond control of either parties.
14.in case first party is unable to get work from the principal company then the
First party will give 15% compensation to second party equal to work of
Particular period at the time of final settlement of contract period.
15. No modification of the term of this mou shall be valid unless it is written and signed by
Both the parties.
16. * 100% registration fee refundable in that case if achieve the accuracy level above
90% for continues 2 times.
17. Any dispute arising out of this mou during the contractual period would be dealt
Within the jurisdiction of the competent courts at new delhi.