ARHTIYA AND FARMER ACCOUNT SETTLEMENT
This statement and settlement of account is made at Village Rurki, Tehsil Samrala on 2 April 2026.
BETWEEN
Nirmal Singh, of Village Bhatian, Tehsil Samrala, District Ludhiana, mobile 98140-00000 (the "Farmer");
AND
Sharma Commission Agents, through Rakesh Sharma, of Anaj Mandi, Samrala, District Ludhiana, mobile 98140-00000 (the "Arhtiya").
The Arhtiya's licence or registration number is: As on the arhtiya's licence.
- 1. THE ACCOUNT
1.1 This account is for the Farmer's produce sold through the Arhtiya, being Paddy, kharif 2026, and covers the quantity sold: 320 quintals in total, in the sale slips listed by the arhtiya.
1.2 The Arhtiya has shown the Farmer the sale slips or bills for the produce, and the Farmer has checked them against his own record.
- 2. STATEMENT OF FIGURES
2.1 Total sale value of the produce: ₹7,40,000 (Rupees Seven Lakh Forty Thousand only).
2.2 Less, commission charged by the Arhtiya: ₹18,500 (Rupees Eighteen Thousand Five Hundred only). The Arhtiya states that this is within what the rules for the market for the time being in force allow.
2.3 Less, other deductions allowed by the rules (market fee, labour, cleaning, weighing): ₹4,200 (Rupees Four Thousand Two Hundred only).
2.4 Less, advance given by the Arhtiya to the Farmer during the season and recovered now: ₹1,50,000 (Rupees One Lakh Fifty Thousand only).
2.5 Less, interest on that advance, as the parties agreed: ₹6,000 (Rupees Six Thousand only). This is recorded only because it was agreed, and the law for the time being in force on interest still applies to it.
2.6 Net amount left: ₹5,61,300 (Rupees Five Lakh Sixty One Thousand Three Hundred only), which is payable by the Arhtiya to the Farmer.
- 3. PAYMENT
3.1 The net amount shall be settled by bank transfer to the payee's own bank account, on or before 1 April 2026. The party who receives it shall give a receipt, and the Arhtiya shall write the payment in the Farmer's page of the books.
- 4. WHAT THIS SETTLES
4.1 This settlement covers only the produce, the season and the figures stated above. Dealings of any other season, and any other advance not named above, are not settled by it and stay open, with the rights of both parties kept.
4.2 If either party finds a mistake in a figure within three months, he shall tell the other in writing and the mistake shall be put right. Otherwise the figures are accepted as correct for this account.
4.3 Neither party gives up the right to complain to the market committee or any authority about a charge that the rules do not allow. If the Farmer signs without objecting to an item, that does not make a charge lawful that the rules forbid.
- 5. DISPUTES
5.1 The parties shall first try to settle any dispute by talking, if they wish with the help of respected elders or the village panchayat.