Terms and Conditions
Fabits Capital Services LLP
This page contains important information regarding the terms and conditions which apply to your account with Fabits Capital Services LLP. Access to your account and the usage of your account is subject to your compliance with all the terms and conditions set forth herein, read along with all documents, including but not limited to applications forms and undertakings, signed by you during account opening. Please read this page carefully and retain it for future reference.
Please note that the information contained herein is subject to change without notice.
General terms and conditions
Before availing of online trading services, the client shall complete the registration process as may be prescribed from time to time. The client shall follow the instructions given on the website for registering as a client.
The client agrees that all investment and disinvestment decisions are based on the client's own evaluation of financial circumstances and investment objectives. This extends to any decisions made by the client on the basis of any information that may be made available on the Fabits website. The client will not hold nor seek to hold Fabits Capital Services LLP or any of its officers, directors, partners, employees, agents, subsidiaries, affiliates or business associates liable for any trading losses, cost of damage incurred by the client consequent upon relying on investment information, research opinions or advice or any other material/information whatsoever on the website, literature, or brochure issued by Fabits Capital Services LLP or any other agency appointed/authorised by Fabits Capital Services LLP. The client should seek independent professional advice regarding the suitability of any investment decisions. The client also acknowledges that employees of Fabits Capital Services LLP are not authorised to give any such advice and that the client will not solicit or rely upon any such advice from Fabits Capital Services LLP or any of its employees.
Fabits Capital Services LLP owns "Fabits" as a brand and operates through this brand name and has Intellectual Proprietary Rights of the same.
Security precaution and password
Fabits Capital Services LLP will provide the client with a username and a trading password which will enable them to avail of the facilities of online trading through the Fabits platform, over the telephone or in any such other manner as may be permitted by Fabits Capital Services LLP. Fabits Capital Services LLP may also provide the client with the username and password for accessing its back-office for various reports, etc. All terms regarding the use, reset and modification of such password shall be governed by information on the website.
Our trading terminal system has a stringent Two-Factor Authentication (2FA) secure system for every client to enter their login ID using their Client ID and Password, along with a 4-digit PIN or authentication via apps such as Google Authenticator set by the client. This 2FA mechanism is set in place as per SEBI & Exchange guidelines with respect to Internet Based Trading Rules.
Each Fabits Capital Services LLP trading platform password has a 2FA system in place for a secure login experience. After a client enters their Client ID, they are required to enter their (i) Password; and (ii) a 4-digit unique PIN set by the client, or an authentication mechanism via an application such as Google Authenticator or Microsoft Authenticator. A link to create a Password & 2FA is sent to all clients along with the welcome email while opening an account. This Password and 2FA set by each client is unique to them, and is not known to anybody else. Passwords and 2FA credentials are privileged information and must be kept in strict secrecy and not shared with anybody.
As per instructions from SEBI & the Depositories, Two-Factor Authentication (2FA) is also required for all sell transactions where shares are debited from the demat account using the Online DIS route. The same PIN set for your trading terminal login will be required each time during a debit/sell transaction from your holdings in your demat account. This will be required only if you are using the Online DIS route and not if you have submitted the physical Power of Attorney.
For Call & Trade, each client is required to mention the last 4 digits of their Client ID along with their personalised 4-digit PIN (known as Telephone code), which can only be seen inside the trading account after entering the Client ID, Password, and 2FA. To know more about creating, changing, and using your Telephone code, please contact us.
Any password can be reset at any point of time by selecting the 'Forgot Password' link under the login area. A reset link will be sent to your registered email ID, where the same process of setting a unique password is followed.
The client shall be responsible for keeping the username and password confidential and secure and shall be solely responsible for all orders entered and transactions done by any person whosoever through Fabits Capital Services LLP's online trading system using the client's username and/or password, whether or not such person was authorised to do so.
The client shall immediately inform Fabits Capital Services LLP of any unauthorised use of the client's username or password with full details of such unauthorised use including the date, the manner in which it was unauthorisedly used, and the transactions effected pursuant to such unauthorised use.
The client acknowledges that they are fully aware of and understand the risks associated with availing of online trading services through the internet, including the risk of misuse and unauthorised use of their username and/or password by a third party and the risk of a person hacking into the client's account. The client agrees that they shall be fully liable and responsible for any and all unauthorised use and misuse of their password and/or username and for any and all acts done by any person through Fabits Capital Services LLP's online trading system on the client's username in any manner whatsoever.
Without prejudice to the provisions mentioned herein, the client shall immediately notify Fabits Capital Services LLP in writing with full details if: they discover or suspect unauthorised access through their username, password or account; they notice discrepancies that might be attributable to unauthorised access; they forget their password; or they discover a security flaw in Fabits Capital Services LLP's online trading system.
Orders
All orders for purchase, sale or other dealings in securities and other instructions routed through Fabits Capital Services LLP's online trading system via the client's username shall be deemed to have been given by the client.
The client agrees to provide information relating to customer user identification number, and such other information as may be required while placing orders on the telephone to determine the identity of the client.
The orders and instructions and all contracts and transactions entered into pursuant thereto and the settlement thereof will be in accordance with the Exchange Provisions.
Fabits Capital Services LLP may from time to time impose and vary limits on the orders which the client can place through Fabits Capital Services LLP's online trading system (including exposure limits, turnover limits, limits as to the number, value and/or kind of securities in respect of which orders can be placed, the companies in respect of whose securities orders can be placed, etc.). The client is aware and agrees that Fabits Capital Services LLP may need to vary or reduce the limits or impose new limits urgently on the basis of its risk perception and other factors considered relevant by Fabits Capital Services LLP, and may be unable to inform the client of such variation, reduction or imposition in advance. The client agrees that Fabits Capital Services LLP shall not be responsible for such variation, reduction or imposition or the client's inability to route any order through Fabits Capital Services LLP's online trading system on account of any such variation, reduction or imposition of limits. The client understands and agrees that Fabits Capital Services LLP may at any time, at its sole discretion and without prior notice, prohibit or restrict the client's ability to place orders or trade in securities.
Though orders will generally be routed to the Exchange's computer systems within a few seconds from the time the order is placed, Fabits Capital Services LLP shall not be liable for any delay in the execution of any order or for any resultant loss on account of the delay.
The client agrees that Fabits Capital Services LLP may impose scrip-wise surveillance or such other conditions as to scrip-wise limits, etc. The client also understands that Fabits Capital Services LLP may impose various surveillances which may differ from client to client on the basis of its risk perception and other factors considered relevant by Fabits Capital Services LLP.
In case of a market order, the client agrees that they will receive the price at which their order is executed by the exchange's computer system, and such price may be different from the price at which the security is trading when the order is entered into Fabits Capital Services LLP's online trading system.
Online account opening
Online account opening using Aadhaar is currently available only for residents of India opening accounts for an individual (HUFs, corporate bodies, NRIs, etc., are not eligible).
When opening an account online using Aadhaar, data will be fetched from the KYC database and cannot be edited.
Pick up of required documents related to the account opening procedure is subject to availability of our representatives at any particular time and location.
Trading, settlement, and accounts
The client agrees that all orders placed through the website shall be forwarded by the system to the Exchange. All orders placed otherwise than through the website shall be forwarded by the system to Exchange terminals or any other order execution mechanism at the discretion of Fabits Capital Services LLP. In the event that the order is placed during trading hours, it shall be routed to and executed on the market system.
Online confirmation will be sent to the client by email or SMS after the execution of the order or trade, and this shall be deemed to be valid delivery thereof by Fabits Capital Services LLP. It shall be the responsibility of the client to review immediately upon receipt all confirmations of orders, transactions, or cancellations. It shall be the responsibility of the client to follow up with Fabits Capital Services LLP for all such confirmations that are not received within a stipulated time.
The client shall bring any errors in any report, confirmation or contract note of executed trades (including execution prices, scripts or quantities) to Fabits Capital Services LLP's notice in writing by email or fax within twenty-four hours of receipt. Any other discrepancy in the confirmation or account shall be notified by the client to Fabits Capital Services LLP in writing via email or fax within twenty-four hours from the time of receipt of the first notice. In all cases, Fabits Capital Services LLP shall have a right to accept or reject the client's objection.
There may be a delay in Fabits Capital Services LLP receiving reports of transactions from the respective exchanges. Accordingly, Fabits Capital Services LLP may forward to the client late reports in respect of transactions that were previously unreported. The client shall not hold Fabits Capital Services LLP responsible for any losses suffered on account of any late reports, statements or any errors in reports/statements computed by or received from any exchange.
The client agrees that if, for any reason, the markets close before the acceptance of the order by the Exchange, the order may be rejected. The client agrees further that Fabits Capital Services LLP may reject orders if the same are rejected by the Exchange for any reason. In case of rejection of an order due to rejection by the Exchange, the client agrees that the order shall remain declined and shall not be re-processed in any event.
Fabits Capital Services LLP may, at its sole discretion, reject any order placed on the website or in any other manner due to any reason, including but not limited to the non-availability of funds in the trading account of the client, non-availability of securities in the demat account of the client, insufficiency of margin amount, suspension of scrip-specific trading activities by or on an Exchange, or the applicability of a circuit breaker to a scrip in which orders are placed.
The client agrees that if the order is not accepted on the website for any reason, Fabits Capital Services LLP shall have the right to treat the order as having lapsed.
The client is aware that electronic trading systems are vulnerable to temporary disruptions, breakdowns, or failures. In the event of non-execution of trade orders or trade cancellation due to such events, Fabits Capital Services LLP shall be entitled to cancel relative requests with the client and shall not be liable to execute the desired transactions. Fabits Capital Services LLP does not accept responsibility for any losses incurred by the client due to such eventualities which are beyond its control.
Fabits Capital Services LLP may at its sole discretion permit execution of orders in respect of securities, irrespective of the amount in the balance of the account of the client.
The client agrees to abide by and be bound by all the rules, regulations and bye-laws of the Exchange as are in force pertaining to the transactions carried out by Fabits Capital Services LLP on their behalf.
Fabits Capital Services LLP shall not be responsible for any order that is made by the client by mistake. Every order entered by the client through the use of the allotted username and security code(s) shall be deemed to be a valid order for which the client shall be fully responsible.
Cancellation or modification of an order pursuant to the client's request is not guaranteed. The order will be cancelled or modified only if the client's request for cancellation or modification is received and the order is successfully cancelled or modified before it is executed. Market orders are subject to immediate execution wherever possible.
The client shall not be entitled to presume an order has been executed, cancelled or modified until a confirmation from Fabits Capital Services LLP is received by the client. However, due to technical or other factors the confirmation may not be immediately transmitted to or received by the client, and such a delay shall not entitle the client to presume that the order has not been executed, cancelled or modified unless Fabits Capital Services LLP has so confirmed in writing.
The pending orders shall be governed as per the exchange systems after the market is closed for the day.
Fabits Capital Services LLP shall issue contract notes in terms of the SEBI (Brokers and Sub-Brokers) Rules and Regulations, 1992, within 24 hours of the execution of the trade. Such contract notes, if issued in physical form, shall be dispatched by courier to the address mentioned in the agreement or at any other address expressly informed to Fabits Capital Services LLP by the client. The client agrees that Fabits Capital Services LLP may issue the contract note in digital form, sent by email to the address provided by the client. Fabits Capital Services LLP shall not be responsible for the non-receipt of the trade confirmation due to any change in the correspondence address of the client not intimated to Fabits Capital Services LLP in writing. All such confirmations and statements shall be deemed to have been accepted as correct if the client does not object in writing within 24 hours of receipt.
Fabits Capital Services LLP may allow/disallow the client from trading in any security or class of securities, or derivatives contracts, and impose such conditions including scrip-wise conditional trading as it may deem fit from time to time.
Margin
The client agrees and undertakes to immediately deposit with Fabits Capital Services LLP such cash, securities, or other acceptable security as Fabits Capital Services LLP may require as margin. The client agrees that Fabits Capital Services LLP shall be entitled to require the client to deposit a higher margin than that prescribed by the Exchange. Fabits Capital Services LLP shall also be entitled to require the client to keep permanently with Fabits Capital Services LLP a margin of a value specified by Fabits Capital Services LLP so long as the client desires to avail of the online trading service.
The margin will not be interest bearing. Fabits Capital Services LLP shall have, at its sole discretion, the irrevocable right to set off a part or whole of the margin against any dues of the client in the event of the failure of the client to meet any of their respective obligations under these terms.
The client agrees and authorises Fabits Capital Services LLP to determine the market value of securities placed as margin after applying a haircut that Fabits Capital Services LLP may deem appropriate. The client undertakes to monitor the market value of such securities on a continuous basis and to replenish any shortfall in the value of the margin immediately, whether or not Fabits Capital Services LLP intimates such shortfall.
Fabits Capital Services LLP may at its sole discretion prescribe the payment of margin in the form of cash instead of or in addition to margin in the form of securities. Without prejudice to Fabits Capital Services LLP's other rights, Fabits Capital Services LLP shall be entitled to liquidate/close out all or any of the client's positions for non-payment of margins or other outstanding amounts, and adjust the proceeds of such liquidation/close out against the client's liabilities/obligations. Any and all losses and financial charges on account of such liquidation/closing-out shall be charged to and borne by the client.
The client agrees to abide by the exposure limits, if any, set by Fabits Capital Services LLP or by the Exchange or Clearing Corporation or SEBI from time to time.
The client is aware that Fabits Capital Services LLP is required to deposit sufficient margin with the Exchange to enable all its eligible clients to trade subject to such limits as may be imposed by Fabits Capital Services LLP. However, there may be circumstances when the deposits made by Fabits Capital Services LLP with the Exchange may not be sufficient in times of extreme volatility and trading terminals may get temporarily suspended. In these circumstances, no client shall have the right to claim any damages from Fabits Capital Services LLP for any loss incurred on account of such suspension of trading.
The client agrees that any securities/cash placed as margin may in turn be placed as margin by Fabits Capital Services LLP with the Exchanges or banks or such other institutions as Fabits Capital Services LLP may deem fit. The client authorises Fabits Capital Services LLP to do all such acts, deeds and things as may be necessary and expedient for placing such securities/cash with Exchanges/Banks/Institutions as margin.
The choice of specific securities to be sold in exercise of Fabits Capital Services LLP's right to sell securities under this agreement shall be solely at the discretion of Fabits Capital Services LLP.
Maintenance of trading account
Money pay-in to Fabits Capital Services LLP — The client agrees that all payments due to Fabits Capital Services LLP will be made within the specified time and in the event of any delay, Fabits Capital Services LLP may refuse, at their discretion, to carry out transactions or close out the position, and the costs/losses thereof shall be borne solely and completely by the client. All payments made to Fabits Capital Services LLP shall be from the account of the client and not from any third party.
Money pay-out by Fabits Capital Services LLP — The client hereby authorises Fabits Capital Services LLP to release all payments due to them from the trading account maintained with Fabits Capital Services LLP, against specific request in this behalf.
Securities pay-in to Fabits Capital Services LLP — All delivery to be effected to Fabits Capital Services LLP for a trade must be made within 24 hours from the execution of the sale order or one day before the pay-in date, whichever is earlier. Losses, if any, that may accrue in the event of a default in completing the delivery on the exchange as a result of any delay in delivery by the client shall be borne solely and completely by the client. No third-party shares will be sold through Fabits Capital Services LLP and no third-party payment should be made to Fabits Capital Services LLP; the client will be solely responsible for any violation.
Securities pay-out by Fabits Capital Services LLP — Fabits Capital Services LLP may directly credit the demat account of the client with the depository participant or maintain the securities account with Fabits Capital Services LLP on a running account basis.
Provided that if the order placed by the client is for securities which are in the no-delivery period, such securities shall be credited to the trading account of the client only at the time of settlement of trades, as per the schedule of the Exchange. However, the client authorises Fabits Capital Services LLP to withhold the securities to meet any liabilities of the client under this agreement.
Fabits Capital Services LLP is entitled to consider any sum, money, or security lying to the credit of the client as margin received.
Representations and warranties
The client hereby warrants that they are capable of executing the present agreement and that the terms of the present are not in contravention of any rights of any party with whom such client has any agreements, at any time prior to the execution of this agreement.
The client agrees to provide and continue to provide all details about themselves as may be required by Fabits Capital Services LLP, including but not restricted to PAN number or Unique Identification Number (issued by SEBI), and states that all details and facts represented to Fabits Capital Services LLP are true.
The client is aware and acknowledges that trading over the internet involves many uncertain factors and complex hardware, software, systems, communication lines, peripherals, etc., which are susceptible to interruptions and dislocations; and the online trading service of Fabits Capital Services LLP may at any time be unavailable without further notice. Fabits Capital Services LLP does not make any representation or warranty that the online trading service will be available to the client at all times without any interruption. The client agrees that they shall not have any claim against Fabits Capital Services LLP on account of any suspension, interruption, non-availability or malfunctioning of the online trading system or service for any reason whatsoever.
Fabits Capital Services LLP states that it has complied with and will continuously comply with all statutory and regulatory directions to offer internet trading services through the website fabits.com.
The client warrants that all or any of the securities deposited with Fabits Capital Services LLP in respect of margin requirements or otherwise are owned by them and the title thereof is clear and free of encumbrances.
The client agrees to indemnify and hold Fabits Capital Services LLP harmless against any loss that may be suffered by it, its customers or a third party, or any claim or action that may be initiated by a third party, which is in any way the result of improper use of user ID and password by the client.
The client hereby confirms and warrants that they authorise Fabits Capital Services LLP to take all such steps on the client's behalf as may be required to complete or settle any transactions entered into through or with Fabits Capital Services LLP. However, nothing herein shall oblige Fabits Capital Services LLP to take such steps.
Fees and brokerage
The client agrees to pay Fabits Capital Services LLP any brokerage, commission, fees, service tax and other taxes and transaction charges as agreed upon and due from time to time, as applied to the client's account, transactions, and trading ledger by Fabits Capital Services LLP, for the services that the client receives from Fabits Capital Services LLP.
All fees, brokerage, and charges on Fabits Capital Services LLP's platform are subject to change from time to time, subject to complying with rules prescribed by the Exchanges and SEBI, at Fabits Capital Services LLP's discretion, with due notification to the client. Each time there is any change with respect to fees, charges, and brokerage, Fabits Capital Services LLP would notify all clients by email and/or SMS to their registered email ID and contact number with all details, along with the date such changes become effective.
An updated schedule of charges, brokerage, and fees towards applicable services provided by Fabits Capital Services LLP, along with taxes and other mandatory transaction charges, is made available on the Fabits website.
Investment or any other advice
The client agrees that none of the services available on the website shall amount to investment advice on the part of Fabits Capital Services LLP.
The client agrees that in the event of Fabits Capital Services LLP or any employee or official of Fabits Capital Services LLP providing any information, recommendation or advice to the client, the client may act upon the same at the sole risk and cost of the client, and Fabits Capital Services LLP shall not be liable or responsible for the same.
Fabits Capital Services LLP, and its officers, directors, partners, employees, agents and affiliates will have no liability with respect to any investment decisions or transactions of the client.
Mutual funds
Fabits Capital Services LLP is only an order collection platform that collects orders on behalf of clients. The client expressly agrees that Fabits Capital Services LLP is not liable or responsible and does not represent or warrant for any damages regarding non-execution of orders or any incorrect execution of orders with regard to the funds chosen by the client due to, but not being limited to, any link/system failure or insufficient funds in the trading account.
Funds required for mutual fund purchases are not blocked on a real-time basis; they are debited on an end-of-day basis. After having placed any fund order through the platform, if you have used the same funds to trade in the secondary markets, your account may go into a debit balance and you would be liable for all subsequent charges including any interest and margin penalty.
Programmes and initiatives
Fabits Capital Services LLP may from time to time have programmes to promote engagement and education among clients. In all such cases, Fabits Capital Services LLP reserves the absolute right to change, withdraw, modify or suspend a part of or an entire programme/initiative, without any prior notice to any such user or client.
Fabits Capital Services LLP's decision on any condition of how any such initiative or programme shall operate would be final.
Miscellaneous
Fabits Capital Services LLP does not warrant that the service will be uninterrupted or error-free. The service is provided on an "as is" and "as available" basis without warranties of any kind, either express or implied, including, without limitation, those of merchantability and fitness for a particular purpose. The client agrees that Fabits Capital Services LLP shall not be held responsible for delays in transmission of orders due to breakdown of the system or failure of communication facilities, or for any other delay beyond the reasonable control of Fabits Capital Services LLP.
All modifications to this agreement shall be made solely at the discretion of Fabits Capital Services LLP and shall be intimated to the client by a suitable modification to the terms and conditions or other applicable section on the website or in any other manner.
Indemnity
In the event of death or insolvency of the client, winding up or liquidation, or their otherwise becoming incapable of receiving and paying for or delivering or transferring securities which the client has ordered to be bought or sold, Fabits Capital Services LLP may close out the transaction of the client and the client or their legal representative shall be liable for any losses and costs, and be entitled to any surplus which may result therefrom.
The client is aware that authentication technologies and strict security measures are required for internet trading and undertakes to ensure that the password of the client and/or their authorised representatives are not revealed to any third party. The client also agrees to indemnify Fabits Capital Services LLP from any loss, injury, claim or any action instituted against Fabits Capital Services LLP arising from the misuse of the password by any party.
Force majeure
Fabits Capital Services LLP shall not be responsible for delay or default in the performance of their obligations due to contingencies beyond their control, such as (including but not limited to) losses caused directly or indirectly by exchange or market rulings, suspension of trading, fire, flood, civil commotion, earthquake, war, strikes, failure of the systems, failure of the internet links or government/regulatory action.
Severance
In the event of any one or more of the provisions contained in this agreement becoming invalid, illegal or unenforceable in any respect under any law for the time being in force, the validity, legality and enforceability of the remaining provisions contained herein shall not in any way be prejudiced or affected thereto.
Refund and cancellation policy
The refund and cancellation policy for all payments made towards account opening or any other services using any mode of payment shall stand as under:
The fees paid towards account opening charges for enabling equities, or any other services, is non-refundable.
Pick up of required documents related to the account opening procedure is subject to availability of our representatives at any particular time and location.
Investor redressal mechanism
Investor satisfaction being of utmost importance, necessary mechanisms and systems are in place. All investor grievances are monitored and redressed by the Compliance Officer of the Company, who reports directly to the Board of Directors. Clients can email their grievances to support@fabits.com, which is displayed on the Fabits website and mentioned on contract notes and other correspondence sent to the client from time to time. All emails received are duly monitored and redressed by the Compliance Officer. The register of grievances is centrally maintained for better control and monitoring. Proper analysis is undertaken to analyse the nature of complaints received, pattern of complaints, and concentration if any at a particular location, so that every effort is taken to remove the root cause of grievance. Periodic visits and inspections are undertaken for branches and authorised partners to get client feedback. Depending on the feedback received, necessary corrective steps are introduced into the system.
Notice
All notices, correspondences or communications issued under this agreement shall be served in any one or more of the following modes of communication at the ordinary place of residence and/or last known address and/or at the ordinary business address of the party:
By hand
Delivery by post
By registered post
Under certificate of posting
By email or fax
By affixing it on the door at the last known business or residential address
By oral communication to the party or on the last known telephone number or on the recording machine of such number
By advertising in at least one prominent daily newspaper having circulation in the area where the last known business or residential address of the party is situated
By notice posted on the notice board of the Exchange if no address is known
Any communication sent by Fabits Capital Services LLP to the client shall be deemed to have been properly delivered or served, if such communication is returned as unclaimed/refused/undelivered, provided the same was sent in any one or more of the above modes of communication.
Payment gateway terms and conditions
This document is an electronic record in terms of the Information Technology Act, 2000 and rules thereunder as applicable. This electronic record is generated by a computer system and does not require any physical or digital signatures. This document is published in accordance with the provisions of Rule 3(1) of the Information Technology (Intermediaries Guidelines) Rules, 2011 that require publishing the rules and regulations, privacy policy and Terms of Use for access or usage of https://www.fabits.com (the "Platform"), including the related mobile site and mobile application.
The Platform is owned by Fabits Capital Services LLP, with its registered office at:
Old no 46 New no 6, Gilli Flower, Flat, 2nd floor, 23rd Street, Anna Nagar East, Chennai 600102
And business office at:
294/1, 1st Floor, Fabits, 7th Cross Road, above Union Bank, Domlur 1st Stage, Domlur, Bengaluru, Karnataka 560071
(hereinafter referred to as 'Platform Owner', 'we', 'us', 'our')
Your use of the Platform and services and tools are governed by the following Terms of Use as applicable to the Platform including the applicable policies which are incorporated herein by way of reference. If you transact on the Platform, you shall be subject to the policies that are applicable to the Platform for such transaction. By mere use of the Platform, you shall be contracting with the Platform Owner and these terms and conditions including the policies constitute your binding obligations with the Platform Owner. These Terms of Use can be modified at any time without assigning any reason. It is your responsibility to periodically review these Terms of Use to stay informed of updates.
For the purpose of these Terms of Use, wherever the context so requires, 'you', 'your' or 'user' shall mean any natural or legal person who has agreed to become a user/buyer on the Platform. Accessing, browsing or otherwise using the Platform indicates your agreement to all the terms and conditions under these Terms of Use, so please read the Terms of Use carefully before proceeding.
The use of the Platform and/or availing of our services is subject to the following Terms of Use:
— To access and use the services, you agree to provide true, accurate and complete information to us during and after registration, and you shall be responsible for all acts done through the use of your registered account on the Platform. — Neither we nor any third parties provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and materials offered on this website or through the services, for any specific purpose. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law. — Your use of our services and the Platform is solely and entirely at your own risk and discretion for which we shall not be liable to you in any manner. You are required to independently assess and ensure that the services meet your requirements. The contents of the Platform and the services are proprietary to us and are licensed to us. — You will not have any authority to claim any intellectual property rights, title, or interest in its contents. The contents include and are not limited to the design, layout, look and graphics. — You acknowledge that unauthorised use of the Platform and/or the services may lead to action against you as per these Terms of Use and/or applicable laws. — You agree to pay us the charges associated with availing the services. — You agree not to use the Platform and/or services for any purpose that is unlawful, illegal or forbidden by these Terms, or Indian or local laws that might apply to you. — You agree and acknowledge that the website and the services may contain links to other third-party websites. On accessing these links, you will be governed by the terms of use, privacy policy and such other policies of such third-party websites. — You understand that upon initiating a transaction for availing the services, you are entering into a legally binding and enforceable contract with the Platform Owner for the services. — You shall indemnify and hold harmless the Platform Owner, its affiliates, group companies and their respective officers, directors, agents, and employees, from any claim or demand, including reasonable attorney's fees, made by any third party or penalty imposed due to or arising out of your breach of these Terms of Use, Privacy Policy and other policies, or your violation of any law, rules or regulations or the rights of a third party.
Notwithstanding anything contained in these Terms of Use, the parties shall not be liable for any failure to perform an obligation under these Terms if performance is prevented or delayed by a force majeure event. These Terms and any dispute or claim relating to it, or its enforceability, shall be governed by and construed in accordance with the laws of India. All disputes arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts in Bengaluru, Karnataka. All concerns or communications relating to these Terms must be communicated to us using the contact information provided on this website.
© 2010 – 2025, Fabits Capital Services LLP. All rights reserved.
