SCOPE OF SERVICE:

The Client/user appoints the Research Analyst to provide research and trading recommendations at their own risk. The RA’s services are limited to providing such recommendations, and no other services will be offered. The Client acknowledges that the RA shall charge fees for these services. The Client agrees that the RA is not liable for any losses incurred from executing the recommendations, and the Client assumes full responsibility for such losses. The RA does not offer profit-sharing services.

2. SUBSCRIPTION ACKNOWLEDGMENT:

The undersigned Client hereby confirms that they have voluntarily subscribed to the service fully understanding the nature of the service and associated terms and conditions.

• CLIENT DOCUMENTATION REQUIREMENTS:

The Client agrees to provide all necessary documents, including but not limited to proof of identity, contact details, and any other documentation required by the Research Analyst for due diligence and regulatory compliance. Client also agrees to allow the RA to fetch KYC as required for compliance purposes.

• DECLARATION BY CLIENT:

The Client acknowledges and agrees to be bound by the terms set forth, as well as any applicable amendments or updates provided by the Research Analyst.

• The client hereby agrees:

1. I have read and understood the terms and conditions applicable to a research analyst as defined under regulation 2(1)(u) of the SEBI (Research Analyst) Regulations, 2014, including the fee structure.

• I am subscribing to the research services for my own benefit and consumption, and any reliance placed on the research report or recommendations provided by the Research Analyst shall be based on my own judgment and assessment of the conclusions contained in the report.

• I, further understand that:

1. Any investment made based on the recommendations in the research report is subject to market risk.
2. Recommendations or those in the research report do not provide any assurance of returns.
3. There is no recourse to claim any losses incurred on investments made based on the recommendations.

• PAYMENT METHODS:

The Client agrees to make all payments via account payee crossed cheque, demand draft, or direct credit to the Research Analyst’s designated bank account through NEFT, RTGS, IMPS, or UPI. Payments are only accepted in the bank accounts listed on the Research Analyst’s official website www.fnotattva.com The Research Analyst shall not be liable for any payments made to accounts other than those specified on the website.

• RISK DISCLOSURE:

The Client acknowledges and understands that the services provided by the Research Analyst involve inherent risks, and the Client agrees to bear full responsibility for any financial or other consequences arising from the use of these services.

• Investment in the market is always subject to market risk, and the following risks apply:

1. Trading in equities, derivatives, and other securities are subject to market risks and there is no assurance or guarantee of returns.
2. Past performance does not indicate future performance.
3. Research recommendations may not always be profitable, as actual market movements may differ from anticipated trends.
4. The Research Analyst is not responsible or liable for any losses resulting from research recommendations.
5. The Research Analyst may rely on data and information from third-party sources. While efforts are made to ensure accuracy, the Research Analyst does not guarantee the reliability of such information and shall not be liable for any losses arising from reliance on third-party data.
6. Investments are subject to market risks; clients should read all related documents carefully before investing.
7. Registration with SEBI, BASL, and certification from NISM do not guarantee the performance of the intermediary or provide any assurance of returns to investors.
8. Investors should carefully consider their risk tolerance and consult with a financial advisor before making investment decisions. Regulatory compliance does not imply that the service is risk-free or that profits are assured.
9. By accepting this terms and conditions, the Client acknowledges that they have fully read and understood all the information provided on www.fnotattva.com, including but not limited to the services offered, associated risks, disclaimers, and terms of engagement. The Client further acknowledges and fully accepts the risks associated with trading in derivatives and other financial instruments, and agrees that the Research Analyst shall not be held liable for any losses incurred due to market fluctuations, investment decisions, or any other factors.

• VALIDITY:

This shall remain in effect for the duration specified in the selected service package and shall automatically renew for successive periods of the same duration upon receipt of the Client’s payment for each subsequent term. The renewal shall occur without the need for a new acceptance.

In the event that the Client makes payment for an extension within 5 days from  expiration of the ongoing term, this shall continue in full force and effect. The Client acknowledges that all rights and obligations under this Agreement shall remain binding and enforceable, and the limitation period under the Negotiable Instruments Act, 1881, or any other applicable law, shall reset with each renewal.

This shall remain effective unless terminated by either party in accordance with the termination provisions herein.

• TERMINATION OF SERVICE AND REFUND OF FEES:

These may be terminated by the Client if the Research Analyst fails to provide the research recommendations. However, the Client cannot terminate this solely based on not achieving the desired returns or incurring losses from trading on the recommendations.

The RA may suspend or terminate rendering of research services to client on account of suspension/cancellation of registration of RA by SEBI and shall refund the residual amount to the client.

In case of suspension of certificate of registration of the RA for more than 60 (sixty)days or cancellation of the RA registration, RA shall refund the fees, on a pro rata basis for the period from the effective date of cancellation/ suspension to end of the subscription period.

• INDEMNIFICATION CLAUSE:

The Client agrees to indemnify and hold harmless the Research Analyst, its employees, and affiliates from any claims, damages, liabilities, costs, or expenses (including legal fees) arising from the Client’s trading activities based on the research recommendations provided.

1. GRIEVANCE REDRESSAL AND DISPUTE RESOLUTION:

In the event of grievances related to non-receipt of the research report, missing content, or deficiencies in services, the Client may raise a grievance. The Research Analyst will ensure Redressal within 7 days of such complaint.

The Research Analyst shall be responsible for resolving the grievances within the timelines specified under SEBI circulars. In case of any query or grievance, client shall contact through following medium:

Name : CA Rahul Chhabadia

Tel No.: +91-7898136789

Mail id: Rahul.Chhabadia@mail.ca.in

In case client is not satisfied with our response, they can lodge grievance with SEBI at http://scores.gov.in or may also write to the office of SEBI.

After exhausting the above options for resolution of the grievance, if the investor/client is still not satisfied with the outcome, they can initiate dispute resolution through the ODR Portal: https://smartodr.in/.

NOTE: Clients are advised to read the Do’s and Don’ts for dealing with the Research Analyst, as mentioned in SEBI Master Circular No. SEBI/HO/MIRSD-POD-1/P/CIR/2024/49 dated May 21, 2024, or any updates provided by SEBI in the future.

1. MEANS OF COMMUNICATION:

The Research Analyst will provide recommendations via official whatsapp, telegram groups and communities or personal messages. The Client shall only accept recommendations received through these specified mediums. The Research Analyst shall not be liable for any communications received by the Client through other means. Additionally, the Client acknowledges communications via email through fnotattva domain only. We do not authorize any third-party individuals, WhatsApp groups, Telegram channels, or unauthorized personnel to provide investment advice or collect fees on our behalf. Clients should verify official communication only through our registered email ID and website. Any communication outside these channels is at the client’s own risk.

1. MOST IMPORTANT TERMS & CONDITIONS:

1. These terms and conditions, and consent thereon are for the research services provided by the Research Analyst (RA) and RA cannot execute/carry out any trade (purchase/sell transaction) on behalf of, the client. Thus, the clients are advised not to permit RA to execute any trade on their behalf.
2. The fee charged by RA to the client will be subject to the maximum of amount prescribed by SEBI/ Research Analyst Administration and Supervisory Body (RAASB) from time to time (applicable only for Individual and HUF Clients).

Note:

2.1. The current fee limit is Rs 1,51,000/- per annum per family of client for all research services of the RA.

2.2. The fee limit does not include statutory charges.

2.3. The fee limits do not apply to a non-individual client / accredited investor.

• RA may charge fees in advance if agreed by the client. Such advance shall not exceed the period stipulated by SEBI; presently it is one quarter. In case of pre-mature termination of the RA services by either the client or the RA, the client shall be entitled to seek refund of proportionate fees only for unexpired period.
• Fees to RA may be paid by the client through any of the specified modes like cheque, online bank transfer, UPI, etc. Cash payment is not allowed. Optionally the client can make payments through Centralized Fee Collection Mechanism (CeFCoM) managed by BSE Limited (i.e. currently recognized RAASB).
• The RA is required to abide by the applicable regulations/ circulars/ directions specified by SEBI and RAASB from time to time in relation to disclosure and mitigation of any actual or potential conflict of interest. The RA will endeavor to promptly inform the client of any conflict of interest that may affect the services being rendered to the client.
• Any assured/guaranteed/fixed returns schemes or any other schemes of similar nature are prohibited by law. No scheme of this nature shall be offered to the client by the RA.
• The RA cannot guarantee returns, profits, accuracy, or risk-free investments from the use of the RA’s research services. All opinions, projections, estimates of the RA are based on the analysis of available data under certain assumptions as of the date of preparation/publication of research report.
• Any investment made based on recommendations in research reports are subject to market risks, and recommendations do not provide any assurance of returns. There is no recourse to claim any losses incurred on the investments made based on the recommendations in the research report. Any reliance placed on the research report provided by the RA shall be as per the client’s own judgement and assessment of the conclusions contained in the research report.
• The SEBI registration, Enlistment with RAASB, and NISM certification do not guarantee the performance of the RA or assure any returns to the client.
• For any grievances,

Step 1: the client should first contact the RA using the details on its website or following contact details: (as per ‘Grievance Redressal / Escalation Matrix’ clause 12)

Step 2: If the resolution is unsatisfactory, the client can also lodge grievances through SEBI’s SCORES platform at www.scores.sebi.gov.in

Step 3: The client may also consider the Online Dispute Resolution (ODR) through the Smart ODR portal at https://smartodr.in

1. Clients are required to keep contact details, including email id and mobile number/s updated with the RA at all times.
2. The RA shall never ask for the client’s login credentials and OTPs for the client’s Trading Account Demat Account and Bank Account. Never share such information with anyone including RA.

1. DISPUTE:

No suit, prosecution or other legal proceeding shall lie against the Research Analyst for any damage  caused or likely to be caused by anything which is done in good faith or intended to be done under the provisions of the Securities and Exchange Board of India (Research Analyst) Regulations, 2014.

Any Disputes between the parties shall be resolved through arbitration or other methods mutually agreed upon, in accordance with applicable legal and regulatory guidelines.

1. SEVERABILITY:

If any of this terms and conditions is found to be invalid, illegal, or unenforceable, the remaining will remain in full effect, provided the essential purpose of these is not undermined.

1. FORCE MAJEURE:

Neither party shall be liable for any failure or delay in performing its obligations, if such failure or delay is due to any cause beyond its reasonable control, including but not limited to acts of God, war, terrorism, pandemics, governmental action, or market disruptions.

1. NON-DISCLOSURE & INTELLECTUAL PROPERTY PROTECTION:

The Client agrees not to share, reproduce, redistribute, or resell any research reports, recommendations, or analysis provided by the Research Analyst without prior written consent. Any violation shall result in immediate termination of services, severe legal action, and forfeiture of any fees paid.

1. LIMITATION OF LIABILITY:

The Research Analyst shall not be liable for any financial losses, direct or indirect, incurred by the Client due to market fluctuations, misinterpretation of recommendations, execution errors, or any external factors beyond the Research Analyst’s control. The total liability of the Research Analyst, under any circumstance, shall not exceed the fees paid by that particular Client for the subscription period.

1. DISCLOSURES AND DISCLAIMER

Client shall read the disclosure and disclaimer as mentioned on website By accepting this terms and conditions client/user agrees that he/she have gone through all the information and agree to all terms and conditions. Any amendments or updates to SEBI regulations, circulars, or guidelines shall automatically apply to these terms and conditions. Clients are responsible for reviewing such regulatory updates from time to time. Continued use of our services implies acceptance of any such modifications.

1. AGREEMENT CLAUSE

By accepting these Terms and Conditions and proceeding with the payment, the client acknowledges and agrees that this acceptance constitutes a legally binding agreement between the client and the SEBI-registered Research Analyst (“RA”). This agreement outlines the scope of services, responsibilities, and disclaimers, and the client consents to abide by the terms set forth herein. The client also acknowledges that they have read, understood, and agreed to the terms before making the payment.