TERMS OF SERVICE
IMPORTANT: otto.money, a company incorporated under the Companies Act, 2013, with its registered office at Villa 260, Prestige Lakeside Habitat, Varthur Main Road, Bengaluru. 560087 (hereinafter referred to as “Company”), is the sole owner of the App [Otto Money] (“App”, which expression shall include any versions of the Website designed for use on mobile phones and other devices) and the website [otto.money] (“Website”, which expression shall include any versions of the Website designed for use on mobile phones and other devices) (collectively the Website and the App are herein referred to as the “Platform”) which and associated domain names, trademarks and mobile applications.
These Terms of Service (“Terms”) constitute a binding contract between Company and you or the business you represent (“User”) as an account holder on the Platform. User’s registration, use or access to the Services shall be governed by these Terms. If User does not agree to these Terms, User must not access or use the Platform in any manner.
Without prejudice to any other specific requirement which may be laid out in these Terms, User’s use of the Services and specifically, User’s acceptance of these Terms as aforesaid shall be deemed to be a representation from the User that the User is fully able and competent to lawfully enter into and form contracts, and agree to the terms, conditions, obligations, affirmations, representations, and warranties set forth in these Terms, and to abide by and comply with these Terms.
Headings of clauses are only for convenience and are not intended to be used to interpret the contents thereunder. Please read these Terms fully.
1. Services
1. 1. The Company offers to every registered User the following facilities: general information about us, our business, and any products or services that we offer from time to time, ability to ask general financial questions and learn about financial concepts, review of your portfolio from a SEBI Registered Investment Advisor etc.
1. 2. Notwithstanding anything to the contrary in these Terms, if the User becomes aware of any errors on the Platform, the User shall contact the Company with the details of the errors and corrections. The Company shall make all reasonable efforts to carry out the corrections but shall not have any further liability to the User in respect thereof.
1.3. Data Storage and Subsidiaries
1.3.1. Any financial data fetched or provided by the User for the purpose of availing the Services, or any part thereof, may be stored and processed by Wealth Beacon Investment Advisors Pvt. Ltd., a subsidiary of Woyage AI Solutions Pvt. Ltd., registered at Villa 260, Prestige Lakeside Habitat, Varthur Main Road, Bengaluru. 560087. By using the Services, the User explicitly consents to such storage and processing of their financial data by Wealth Beacon Investment Advisors Pvt. Ltd. in accordance with these Terms and the Privacy Policy.
1.3.2. For the purpose of enhancing Services, including but not limited to answering User questions, Woyage AI Solutions Pvt. Ltd. and Wealth Beacon Investment Advisors Pvt. Ltd. may share anonymized and minimal data with third-party applications. User's personally identifiable information will not be shared in this process, and all such sharing will be conducted in a manner consistent with the Company's Privacy Policy
1.4. Information and Recommendations from Subsidiary:
The App may, as part of the Services, fetch User's information and provide recommendations directly from Wealth Beacon Investment Advisors Pvt. Ltd., a registered investment advisory firm. These recommendations are provided based on the data available to Wealth Beacon Investment Advisors Pvt. Ltd. and are subject to the disclaimers and limitations set forth in these Terms.
2. Applicability and Acknowledgement
2.1. By the User’s use of the Platform, User hereby gives unconditional consent to:
2.1.1. These Terms and explicitly agrees to use the Platform solely for their individual use and not on behalf of anyone else. Any attempt to use the Services for or on behalf of another party is a violation of these Terms.
2.1.2. The “Privacy Policy” available on the Platform and incorporated herein by reference details the Company's practices regarding the collection, use, processing, and retention of User data. User hereby consents to the Company's data practices as outlined in the Privacy Policy. [Click here to view the Privacy Policy]
2.1.3. Any other notice, disclaimer, policy, or term of use, by whatever name called, which may be applicable to the use of the Services from time to time.
2.2. By agreeing to these Terms and utilizing the Services, User explicitly authorizes the Company to share all necessary personal and financial data, as provided by the User or collected through the App, with Wealth Beacon Investment Advisors Pvt. Ltd. for the exclusive purpose of enabling Wealth Beacon Investment Advisors Pvt. Ltd. to provide investment advisory services and recommendations to the User. This sharing is essential for the provision of the complete suite of Services offered through the App and Website.
2.3. The User acknowledges that all investments involve risks, including the potential loss of principal. Past performance is not indicative of future results. Investment returns are not guaranteed, and the value of investments may fluctuate. User accepts these inherent risks associated with financial investments.
3. Registration
3.1. As a pre-condition to use the Services on the Platform, User may be required to register and log in to the User account. Upon successful registration on the Platform, the Company shall assign the User an account and issue a unique member ID. User shall be solely responsible for maintaining the confidentiality and security of User’s member ID and password. User is solely responsible for the activity that occurs on the User’s account, and User must keep the User’s account password secure. User must notify the Company immediately of any breach of security or unauthorized use of User’s account. The Company hereby disclaims any responsibility for use of the Services by any other person through User’s account, irrespective of whether or not User permitted such use.
3.2. Upon acceptance of these Terms, User shall be permitted use of a dashboard. The dashboard shall enable the User to provide to the Company information about User’s profile, the facilities which User chooses to list or avail on the Platform, the description and prices of such facilities as the case may be, and such other information as required from time to time by the Company in its sole discretion.
3.3. In order to provide the Services effectively, the Platform may use cookies or other methods of collecting information about User’s use of the Services. User hereby waives any objection to the same. Please note that if the User disables cookies and such features, User may not be able to avail of the Services effectively, and the Company shall not be responsible for the same.
3.4. The Company shall not be liable for any loss, damage, injury or any liability, whether in tort, contract or other theory of liability, resulting from any unauthorized use of User’s account. However, User shall always be liable for the losses of the Company or others due to such unauthorized use.
3.5. Subject to successful registration or login, as the case maybe, and User’s continued adherence to these Terms and any other terms and conditions prescribed from time to time, the Company shall permit User to access the Platform and use the Services.
3.6. Except as expressly provided herein, the Company does not grant any express or implied permission to use the Services. In addition to the restrictions specified in these Terms, User shall also comply with any special terms and conditions in respect of any specific Service.
3.7. Notwithstanding anything to the contrary in these Terms, the Company reserves the right to restrict access to some or all parts of this Platform or to discontinue any aspect of the Services at any time.
4. Rights and Obligations of the Parties
4.1.1. The User shall be solely responsible to keep all such information, including personal details, financial data, and other relevant inputs, updated from time to time. User acknowledges that the accuracy and efficacy of the Services, particularly investment recommendations, are directly dependent on the completeness and accuracy of the information provided by the User. The Company and Wealth Beacon Investment Advisors Pvt. Ltd. shall not be responsible for any inaccuracies, suboptimal recommendations, or losses arising from outdated, incomplete, or inaccurate information provided by the User.
5. Consideration and Payment Terms
5.1. Even if the Services are provided on a ‘no charge’ basis for a period of time, the Company shall have the right to charge such charges as it determines in its sole discretion from time to time. If the Company decides to charge the User for the Services, then User shall, in consideration of being rendered the Services, pay to the Company such charges. Notwithstanding anything to the contrary, all charges shall be non-refundable.
5.2. All payments shall be made by credit card, debit card or such other method as the Company may specify from time to time.
5.3. Unless permitted otherwise by the Company as per the then prevalent subscription package, all charges shall be paid in advance of availing of the Services and shall be non-refundable. For the avoidance of doubt, Company shall not refund any amount regardless of the reason for the termination or annulment of these Terms, even if User discontinues the Services during the period of User’s then current subscription package.
5.4. Service tax or any other central, state or local tax shall be charged extra at actuals and User shall pay the same.
5.5. Except as provided herein, the User shall be responsible for all of User’s expenses related to these Terms.
5.6. User shall have no right to set off or adjust amounts due from User to the Company from any amounts that are actually or allegedly due by the Company to the User. However, the Company shall have the right to set off any amounts that are payable by the User to the Company (in reimbursement or otherwise) against any payments the Company may make to User.
5.7. Non-payment of charges and such other amounts shall result in suspension or termination of these Terms and User’s ability to use the Services.
5.8. While availing any of the payment method/s available on the Platform, the Company will not be responsible or assume any liability, whatsoever in respect of any loss or damage arising directly or indirectly to User due to:
5.8.1. Lack of authorization for any transaction/s; or
5.8.2. Payments exceeding the preset limit mutually agreed by User and between bank/s; or
5.8.3. Any payment issues arising out of the transaction; or
5.8.4. Decline of transaction for any other reason/s\
5.9. User understands, accepts and agrees that the payment facility provided by Company is neither a banking nor financial service but is merely a facilitator providing an electronic, automated online electronic payment, receiving payment through collection and remittance facility for the transactions on the Company’s Platform using the existing authorized banking infrastructure and credit card payment gateway networks. Further, by providing payment facility, the Company is neither acting as trustee nor acting in a fiduciary capacity with respect to the particular order.
5.10. The Company may offer different tiers of Services, some of which may be available on a 'no charge' or 'freemium' basis, and others which may require payment. Paid tiers or subscription packages may include enhanced features, functionalities, or access to additional services which are not available to users of the free tier. The Company reserves the right to determine which features are included in each tier and to modify them from time to time in its sole discretion.
6. Representations and Warranties
User hereby represents and warrants that:
6.1. User is authorized to accept these Terms and perform all User’s obligations hereunder.
6.2. User shall perform User’s obligations diligently and in a manner that always reflects well on the Platform.
7. Amendments
7.1. These Terms may be amended at any time by the Company. All such amendments shall be binding on the User effective 24 (twenty-four) hours after the amended Terms are made available on the Platform. It shall be User’s sole responsibility to check this page regularly to take notice of any changes the Company may have made to these Terms. If User does not agree with any amendment, the User shall stop User’s usage of the Services with no liability from the Company to User except in case of orders placed prior to the amendments.
7.2. Although the Company may attempt to notify the User when major changes are made to these Terms, it shall be solely the User’s responsibility to read and understand the most up-to-date version of the Terms on the Platform. Nothing in these Terms shall be deemed to confer any third-party rights or benefits.
8. Use of the Services
8.1. User hereby represents and warrants that the User shall make use of the Services as a prudent, reasonable and law-abiding citizen.
8.2. The Company may, in its sole discretion, suspend User’s use of the Services or terminate User’s contract under these Terms.
8.3. The Company shall not be responsible for the unavailability of the Platform or any delay or failure resulting from any reason whatsoever, including but not limited to infrastructure issues, server uptime, network availability and connectivity.
8.4. User agrees not to use any data mining, robots or similar data and/or image gathering and extraction methods in connection with the Services.
8.5. User shall not use the Services to do anything that is contrary to the law, decency or morality.
8.6. User shall not use the Service to make unsolicited offers, advertisements, proposals, or send junk mail or spam to others.
8.7. User shall not take any action that would cause the Company to suffer any types of losses.
8.8. User agrees not to collect or harvest from the Services any personally identifiable information, including account names, or to use the communication platforms provided by the Services (e.g., comments, email) for any commercial solicitation or other purposes.
8.9. In User’s use of the Services, User shall always comply with all applicable laws.
8.10. User shall not copy, reproduce, make available online or electronically transmit, publish, adapt, distribute, transmit, broadcast, display, sell, license, or otherwise exploit the content on the Platform.
8.11. User agrees not to hack, circumvent, disable, corrupt or otherwise interfere with security-related features of the Services or features that prevent or restrict use or copying of any content or enforce limitations on use of the Services or the content therein. User shall also not attempt to affect the performance or functionality of any facilities available on the Platform.
8.12. In User’s use of the Services, User shall not transmit or distribute a virus, trojan, worm, logic bomb or any other material which is malicious, technologically harmful, in breach of confidence or in any way offensive or obscene hack into any aspect of the Services.
8.13. Except for the Services explicitly provided, the Company does not provide, control or endorse any third-party information, products or services in any manner whatsoever, even if such third party information, products or services are advertised on the Platform. The Platform may contain links to other websites (“Linked Websites”), which are not moderated or operated by the Company. The Company has no control over the Linked Websites and accepts no responsibility for them or for any loss or damage that may arise from User’s use of such Linked Websites. User’s use of the Linked Websites will be subject to the terms of use and service of such Linked Website.
8.14. User hereby represents and warrants that the Services will be used solely for User’s personal financial matters, and not on behalf of any other individual or entity. Any questions or input provided by the User must pertain exclusively to User’s own financial situation.
8.15. User agrees not to redistribute, reproduce, or otherwise share any advice, portfolio recommendations, or other proprietary information obtained through the Services, whether directly from the Company or from Wealth Beacon Investment Advisors Pvt. Ltd., with any third party. Such information is provided for User's individual use only and any unauthorized redistribution may result in immediate termination of the Services under these Terms.
8.16. The Company will not be liable for any loss or damage caused by distributed denial-of-service attacks, viruses or other technologically harmful material that may infect User’s computer equipment, computer programs, data or other proprietary material due to User’s use of the Platform or download of any material from the Platform.
8.17. Breach of the above clauses shall amount to a criminal offence under the National Cyber Security Policy 2013. The Company shall report any such breach and disclose User’s identity to the relevant law enforcement authorities.
9. Termination and Suspension
9.1. Notwithstanding anything to the contrary in these Terms, any other terms, or any other communication between User and the Company, Company may terminate the Services at any time with or without notice, and for or without any reasons, with absolutely no liability to User. This right includes, but is not limited to, the Company's reservation of the right to refuse service to anyone at its sole discretion.
9.2. Without prejudice to the foregoing:
9.2.1. Company reserves the right to terminate these Terms without notice and without liability to User on becoming aware that the User has violated these Terms or any other guidelines and rules published in respect of the Services.
9.2.2. If the Company reasonably concludes based on information available to the Company that User’s actions and/or performance in connection with the Terms may result in a significant number of customer disputes, chargebacks or other claims in connection with the Platform, Company may block, restrict, disable, suspend or terminate User’s access to all or part of the Services at any time in Company’s discretion, without prior notice or liability to the User.
10. Warranty
10.1. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED BY USER THROUGH THE SERVICES WILL CONSTITUTE OR CREATE ANY REPRESENTATION OR WARRANTY NOT EXPRESSLY STATED HEREIN AS AGAINST THE COMPANY.
10.2. USER EXPRESSLY AGREES THAT USE OF THE SERVICES IS AT USER’S SOLE RISK. THE SERVICES AND ANY DATA, INFORMATION, THIRD PARTY SOFTWARE, REFERENCE SITES, SERVICES, OR SOFTWARE MADE AVAILABLE IN CONJUNCTION WITH OR THROUGH THE SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE,” “WITH ALL FAULTS” BASIS AND WITHOUT WARRANTIES OR REPRESENTATIONS OF ANY KIND EITHER EXPRESS OR IMPLIED.
10.3. THE USER HEREBY AGREES THAT THE COMPANY DOES NOT PROVIDE ANY INSURANCE REGARDING ANY OF THE SERVICES RENDERED BY IT ON ITS OWN, OR THROUGH ITS AFFILIATES, AGENTS OR ASSIGNEES.
10.4. NOT ALL RESPONSES, INFORMATION, OR CONTENT PROVIDED THROUGH THE SERVICES CONSTITUTE INVESTMENT ADVICE. ANY RESPONSE THAT IS NOT INTENDED AS INVESTMENT ADVICE WILL BE CLEARLY DISTINGUISHED, AND USERS SHOULD NOT CONSTRUE SUCH RESPONSES AS INVESTMENT ADVICE. USERS ARE SOLELY RESPONSIBLE FOR THEIR FINANCIAL DECISIONS AND SHOULD SEEK INDEPENDENT PROFESSIONAL ADVICE WHERE NECESSARY.
10.5. USER UNDERSTANDS AND AGREES THAT ALL RECOMMENDATIONS AND INFORMATION PROVIDED BY WEALTH BEACON INVESTMENT ADVISORS PVT. LTD. THROUGH THE SERVICES ARE BASED EXCLUSIVELY ON THE DATA AND INFORMATION SHARED BY THE USER. NEITHER WEALTH BEACON INVESTMENT ADVISORS PVT. LTD. NOR WOYAGE AI SOLUTIONS PVT. LTD. SHALL BE HELD RESPONSIBLE FOR ANY SHORTFALL, INACCURACY, OR OMISSION IN SUCH RECOMMENDATIONS OR INFORMATION THAT ARISES FROM THE USER'S PROVISION OF INCOMPLETE, INACCURATE, OR OUTDATED DATA.
11. Intellectual Property
11.1. The Company and its licensors, if any, shall be the sole and absolute owners of the Services, including but not limited to the idea behind the Services, the copyright in all content on the Platform and all trademarks, designs, logos and other insignia of trade used on the Platform and elsewhere during the performance of the Services, all of which are subject to protection under patent, copyright, trade mark and trade secret and other intellectual property laws of India and other countries. User may use the content supplied solely for User’s own personal use. User is not permitted to publish, manipulate, distribute or otherwise reproduce, in any format, any of the content or copies of the content supplied to User or which appears on this Platform nor may User use any such content in connection with any business or commercial enterprise. Any copying of any part of the Services or marks shall entail immediate termination of these Terms without prejudice to the other rights and remedies of the Company, including for civil wrongs and criminal offences.
12. Limitation of Liability
12.1. THE COMPANY HAS UNDERTAKEN GREAT CARE TO ENSURE THAT ALL THE INFORMATION ON THE PLATFORM IS ACCURATE, BUT THE COMPANY NEITHER WARRANTS NOR MAKES ANY REPRESENTATIONS REGARDING THE QUALITY, ACCURACY OR COMPLETENESS OF ANY DATA, INFORMATION, PRODUCT OR SERVICE. IN NO EVENT SHALL THE COMPANY, ITS OFFICERS, PARTNERS AND EMPLOYEES, OR ITS CONTRACTORS, AGENTS, LICENSORS, PARTNERS, OR SUPPLIERS BE LIABLE TO THE USER FOR ANY DIRECT, SPECIAL, INDIRECT, INCIDENTAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES (INCLUDING WITHOUT LIMITATION LOST BUSINESS OPPORTUNITIES, LOST REVENUES, OR LOSS OF ANTICIPATED PROFITS OR ANY OTHER PECUNIARY OR NON-PECUNIARY LOSS OR DAMAGE OF ANY NATURE WHATSOEVER), WHETHER BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY OR OTHERWISE, EVEN IF THE COMPANY OR AN AUTHORIZED REPRESENTATIVE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, ARISING OUT OF OR RELATING TO (I) THE USE OR THE INABILITY TO USE THE SERVICES; (II) UNAUTHORIZED ACCESS TO OR ALTERATION OF USER’S TRANSMISSIONS OR DATA; (III) DELAY OR INABILITY TO USE THE PLATFORM OR RELATED SERVICES, THE PROVISION OF OR FAILURE TO PROVIDE SERVICES, OR FOR ANY INFORMATION, SOFTWARE, PRODUCTS, SERVICES AND RELATED GRAPHICS OBTAINED THROUGH THE PLATFORM, OR OTHERWISE ARISING OUT OF THE USE OF THE PLATFORM, OR (IV) ANY OTHER MATTER RELATING TO THE SERVICES, INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF USE, DATA OR PROFITS, ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE USE OR PERFORMANCE OF THE PLATFORM OR SERVICE. IF THE FOREGOING LIMITATION IS NOT ENFORCEABLE, THE MAXIMUM LIABILITY OF THE COMPANY SHALL BE INR 500/- (INDIAN RUPEES FIVE HUNDRED ONLY).
12.2. USER ACKNOWLEDGES AND AGREES THAT THE WARRANTY DISCLAIMERS AND THE LIMITATIONS OF LIABILITY SET FORTH HEREIN REFLECT A REASONABLE AND FAIR ALLOCATION OF RISK BETWEEN THE USER AND THE COMPANY, AND THAT THE WARRANTY DISCLAIMERS AND THE LIMITATIONS OF LIABILITY SET FORTH HEREIN FORM AN ESSENTIAL BASIS OF THE BARGAIN BETWEEN USER AND COMPANY. THE COMPANY WOULD NOT BE ABLE TO PROVIDE THE SERVICE TO THE USER ON AN ECONOMICALLY REASONABLE BASIS WITHOUT THESE LIMITATIONS.
12.3. THE COMPANY SHALL NOT BE HELD RESPONSIBLE FOR NON-AVAILABILITY OF THE PLATFORM DURING PERIODIC MAINTENANCE OPERATIONS OR ANY UNPLANNED SUSPENSION OF ACCESS TO THE PLATFORM THAT MAY OCCUR DUE TO TECHNICAL REASONS OR FOR ANY REASON BEYOND COMPANY'S CONTROL. USER UNDERSTANDS AND AGREES THAT ANY MATERIAL AND/OR DATA DOWNLOADED OR OTHERWISE OBTAINED THROUGH THE PLATFORM IS DONE ENTIRELY AT USER’S OWN DISCRETION AND RISK AND USER WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO THEIR COMPUTER SYSTEMS OR LOSS OF DATA THAT RESULTS FROM THE DOWNLOAD OF SUCH MATERIAL AND/OR DATA.
12.4. THE SERVICES ARE CONTROLLED AND OFFERED BY THE COMPANY FROM ITS FACILITIES IN INDIA. IF YOU ARE A USER OUTSIDE INDIA, PLEASE TAKE NOTE THE COMPANY IS SUBJECT ONLY TO INDIAN LAW AND ONLY TO THE JURISDICTION OF INDIAN COURTS. THE COMPANY MAKES NO REPRESENTATIONS THAT THE SERVICES ARE APPROPRIATE OR AVAILABLE FOR USE IN OTHER LOCATIONS. THEREFORE, IF YOU ARE A USER OUTSIDE INDIA, YOU MAY USE THE SERVICES SOLELY ON YOUR OWN VOLITION AND AT YOUR OWN RISK. YOU SHALL BE SOLELY RESPONSIBLE FOR COMPLIANCE WITH LOCAL LAW.
12.5. THE COMPANY AND WEALTH BEACON INVESTMENT ADVISORS PVT. LTD. SHALL NOT BE LIABLE FOR ANY INVESTMENT GAINS OR LOSSES INCURRED BY THE USER. USERS ARE STRONGLY ENCOURAGED TO CONDUCT THEIR OWN DUE DILIGENCE AND CONSULT WITH INDEPENDENT FINANCIAL PROFESSIONALS BEFORE MAKING ANY INVESTMENT DECISIONS.
12.6. USER ACKNOWLEDGES AND AGREES THAT THE ARTIFICIAL INTELLIGENCE COMPONENTS OF THE SERVICES ARE EXPERIMENTAL AND MAY CONTAIN ERRORS OR INACCURACIES. THE COMPANY BEARS NO RESPONSIBILITY OR LIABILITY FOR ANY ACTIONS, DECISIONS, OR CONSEQUENCES ARISING FROM THE USER'S RELIANCE ON OR USE OF RESPONSES GENERATED BY THE AI, AND USER PROCEEDS AT THEIR SOLE RISK.
13. Indemnity
13.1. User hereby agree to defend, indemnify and hold harmless the Company, its affiliates, officers, partners, employees, consultants and agents, from and against any and all third party claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to attorney's fees) arising from: (i) User’s use of the Services; (ii) User’s violation of any term of these Terms; (iii) User’s violation of any third party right, including without limitation any copyright, property, or privacy right. This indemnification obligation shall survive these Terms and use of the Services.
14. Contact Us
14.1. These Terms are governed by and shall be construed in accordance with the laws of the Republic of India without respect to its conflict of laws provisions.
14.2. Disputes, if any, shall be attempted to be resolved amicably for thirty (30) days. Unresolved disputes shall be referred to an independent, sole arbitrator in Bangalore appointed by the Company in accordance with the procedure established by the Arbitration and Conciliation Act, 1996. Subject to the foregoing, User hereby consents to the exclusive jurisdiction of the Courts in Bangalore.
15. Miscellaneous
15.1. Headings. All headings used in these Terms are for convenience only and shall not affect the construction hereof.
15.2. No Waiver. No failure or delay in exercising any right, power or remedy hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any such right, power or remedy preclude any other or further exercise thereof or the exercise of any other right, power or remedy hereunder. No waiver of any provision hereof shall be effective unless the same shall be in writing and signed.
15.3. Severability. If any provision of these Terms is prohibited or unenforceable, it shall be ineffective only to the extent of such prohibition or unenforceability, and such prohibition or unenforceability shall not invalidate the balance of such provision to the extent it is not prohibited or enforceable nor the remaining provisions hereof, nor render unenforceable such provision in any other jurisdiction. In the event any provisions of these Terms shall be held to be invalid, illegal or unenforceable, the parties hereto shall use their best efforts to substitute valid, legal and enforceable provisions which, insofar as practical, implement the purposes hereof.
15.4. Cumulative Remedies. The remedies herein provided are cumulative and not exclusive of any remedies provided by law.
15.5. Force Majeure: If the whole or any part of the performance of the respective obligations of the parties hereunder is prevented or delayed by reasons of natural calamities, war, arson, civil disturbance, and such other reasons beyond the reasonable control of a person (each a “Force Majeure Event”), then to the extent either party shall be prevented or delayed from performing all or any part of their respective obligations under these Terms despite due diligence and reasonable efforts to do so, then such party shall be excused from performance hereunder for so long as reasons of Force Majeure Event. A Force Majeure Event shall not affect the payment obligations of the parties unless there is legal bar / embargo to the making of the payments.
15.6. Assignment: The right to use the Services is personal to the User and is not transferable by assignment, sublicense, or any other method to any other person or entity.
15.7. The User may register on the Platform by filling the specified forms and providing the Company with copies of the requisite personal details, including but not limited to User’s name, phone number, E-mail id, proof of identity, PAN, AADHAR as specified by the Company from time to time. The User hereby represents and warrants that any information the User provides for the aforesaid purpose is correct and complete in all material respects. The User shall be solely responsible to keep such information updated from time to time. Further, it shall be the User’s sole responsibility to ensure that all such documents are genuine, legible, not expired or otherwise invalid.
15.8. Without prejudice to its other rights and remedies, the Company may, without prior notice, restrict User’s access or use of Platform (or any features within the Platform), indefinitely suspend or immediately terminate this contract with the User or stop the User from using the Services if it is discovered that the details the User gave at the time of registration or login are materially inaccurate or false, or if the User fails to keep such details updated from time to time, in its sole discretion. The Company may also launch, change, upgrade or impose conditions to suspend or stop any Services or any features without prior notice, except that in case of a fee-based Service such changes will not adversely affect the paying Users in enjoying that Service.