All of Our Partners Trust Their Success To Us.
These terms and conditions set out the relationship between the Partner and Techwealth Capital Services Private Limited (hereinafter referred to as “Techwealth” or “Company”). The partner hereby agrees/undertakes to abide by the terms and conditions set forth herewith. It is hereby clarified that references to an empanelment agreement shall be applicable only in cases where such agreement is signed between the Partner and the Company.
DEFINITIONS:
a) “Partner” shall mean and include any individuals/entities who have agreed to avail the services offered by the Company and are eligible to be duly appointed by the Company as a Channel Partner for such service(s).
b) Client(s) or Customer shall mean and include individuals/entities making investments through the Partner in various products including but not limited to primary and secondary Bonds, primary and secondary Government Securities,54 EC Capital Gain, Mutual Funds, RBI Savings, Corporate Fixed Deposits, Sovereign Gold Bonds (SGB), Lower Equity.
c) Portal shall mean the website hosted by the Company through which the partners access their profile and the clients access the available online facilities.
d) Partner login shall mean the areas in the Portal to which Partner gets access by virtue of a login ID and password.
e) Investor login shall mean the areas in the Portal to which Clients get access by virtue of a login ID and password.
f) Products shall mean the marketing and distributions of Investment products as may be offered by the Company to partners from time to time and more particularly set out in the respective agreements executed/to be executed between the Partner and the Company.
g) Service(s) shall mean the activities connected with the distribution/sale of Investment Products.
h) Transaction(s) means all transactions, Including but not limited to any purchase, redemption/sale, or switch/transfer made in any of Investment Products offered through the Company, in any mode, either directly or indirectly, by the Client of the Partners at any point in time.
i) “Terms of Use” shall mean the terms and conditions set out herein regarding the use of the Platform.
The relationship between the Partner and the Company shall be on a principal basis
All information available on the platform is to the best of our knowledge. We do not guarantee the accuracy of the Investment Products information provided on our platform.
Please bring it to our notice if there is any discrepancy in the information provided on our platform. All information regarding security offers (rate levels) is indicative only and not in binding nature for the Company. Your order will be confirmed based on the availability of stock and the prevailing market level (the level on the platform will improve if the market level is improved), which may differ from the original offer reflected on the application/web.
Any information or data available on our Platform may contain inaccuracies and/or typographical errors. The Company does not warrant that the Platform or functions thereof will be uninterrupted or free of any error or defect or that information on the Platform will satisfy any intended purpose or requirement of the User.
The terms and Conditions and Code of Conduct for Empanelment of Partner as set out below may be altered, withdrawn, modified, or varied by the Company at its sole discretion, and the same shall be binding on the partner at all times. While the Company will use reasonable efforts to notify you of such changes in advance, the revised terms will apply from the date of notification by the Company on the website, whether or not you have received individual notice of such change(s).
Partner’s engagement with the Company is for the limited purpose of marketing and Distribution of Investment Products and obtaining orders from the prospective clients/investors interested to subscribe for Investment Products and as may be set out in the respective agreements executed between the Company and Partner.
The Partner specifically ensures that any individual through the Partner's code involved in the selling/advising of such products shall be qualified to do the same and abide by the code of conduct and guidelines given by any regulatory authority or governing body from time to time.
The Partner also ensures that such persons abide by the code of conduct, guidelines, and regulations given by Securities and Exchange Board (SEBI) and any other regulatory authority at all times.
The Partner shall be solely responsible for the protection and privacy of the user ID and password of the portal and any such online facilities offered by the Company. The Company cannot be held liable for any actions, claims, damages, losses, suits, proceedings, demands, or expenses, costs, charges in respect thereof or otherwise on account of the unauthorized use of the Partner's Portal or other such online facilities by persons other than those authorized/nominated by the Partner.
The Partner is neither the agent of the Company nor of the issuers/underwriters/other intermediaries (collectively “Issuer” originating or issuing or involved in the origination/issue/sale of the product(s).
The Partner has no authority to make any representation for or on behalf of the Company or any Issuer and is prohibited from making any representation or entering into any engagement or commitment for or in the name of or on behalf of the Company and/or any of the Issuers without obtaining the prior written consent of the Company. The Company will not accept from you nor be liable for any representation/engagement/commitment that Partner may make in relation to any Products on behalf of the Company without obtaining express prior written consent of the Company.
While marketing any Products, Partner is required to make clear to the potential clients/investors that no agency relationship exists between the Partner and the Company/the Issuer.