Terms & Conditions

• Although Torus Financial Markets tries to ensure that all information and materials, whether in relation to the products, services, facilities, offerings or otherwise (hereinafter “Information”) provided as part of this website is correct at the time of inclusion on the web site, it does not guarantee the accuracy of the Information. TFMPL makes no representations or warranties as to the completeness or adequacy or accuracy of Information and expressly disclaims liability for any errors or omissions or delays in updating this information.
• Information is supplied upon the condition that the persons receiving the same will make their own determination as to its suitability for their purposes prior to use or in connection with the making of any decision. No Information at this web site shall constitute an invitation to invest in any security or financial product. Any use of this website or the Information is at your own risk.
• TFMPL along with its directors, employees, associates or other representatives and its Affiliates along with its directors, employees, associates or other representatives shall not be liable for damages or injury arising out of or in connection with the use of the Website or its non-use including non-availability, compensatory, direct, indirect or consequential damages, loss of data, income or profit, loss of or damage to property (including without limitation loss of profits, loss or corruption of data, loss of goodwill, work stoppage, computer failure or malfunction, or interruption of business; under any contract, negligence, strict liability or other theory arising out of or relating in any way to the Website, site-related services, or any products or services and claims of third parties damages or injury caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communications line failure, theft or destruction or unauthorized access to, alteration of, or use of information, whether resulting, in whole or in part, from or relating to any of the services offered or displayed by TFMPL on the Website.
• Nothing contained herein is to be construed as a recommendation to use any product or process, in conflict with any patent, or otherwise and TFMPL makes no representation or warranty, express or implied that, the use thereof will not infringe any patent, or otherwise.
• The Services on the Website do not constitute an offer to sell or a solicitation to any person in any jurisdiction where it is unlawful to make such an offer or solicitation. These Service are not intended to be any form of an investment advertisement, advice or information and has not been registered under any securities law of any foreign jurisdiction and is only for the information of any person in any jurisdiction where it may be lawful to provide such information, otherwise the same shall not be considered an information. The distribution of this Service or content in other jurisdictions may be restricted by law and the persons who access the Service should inform themselves about, and observe, any such restrictions.
• Use of the website and its contents is at any persons, including a customer’s, own risk. The data and information provided on the website is not advice, professional or otherwise, and should not be relied upon as such. Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by TFMPL to buy or sell any securities or other financial instruments or provide any investment advice. TFMPL or their employees have or may have an outstanding position or holding in the securities or other related investments of issuers and companies mentioned herein. The investments discussed or recommended in the analysis, research reports, etc. may not be suitable for all investors. Investors must make their own investment decisions based on their own specific investment objectives and financial position and using such independent professional advisors as they believe necessary. Information herein is believed to be reliable but TFMPL does not warrant its completeness or accuracy. The content of the articles and the interpretation of data are solely the personal views of the contributors and do not in any way reflect the views of TFMPL. Users are advised to use the articles and other data in the Website only as information.
• THIS WEBSITE/INFORMATION IS PROVIDED TO YOU ON AN “AS IS” AND “WHERE-IS” BASIS, WITHOUT ANY WARRANTY. TFMPL, FOR ITSELF AND ANY THIRD-PARTY PROVIDING MATERIALS, SERVICES, OR CONTENT TO THIS WEBSITE, MAKES NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT OF THIRD-PARTY RIGHTS, WITH RESPECT TO THE WEBSITE, THE INFORMATION OR ANY PRODUCTS OR SERVICES TO WHICH THE INFORMATION REFERS. TFMPL WILL NOT BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY DAMAGES OF ANY KIND, INCLUDING BUT NOT LIMITED TO, DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, ARISING FROM OR CONNECTED WITH THE SITE, INCLUDING BUT NOT LIMITED TO, YOUR USE OF THIS SITE OR YOUR INABILITY TO USE THE SITE, EVEN IF TFMPL HAS PREVIOUSLY BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

All terms and conditions herein apply to you as a user (hereinafter Client) of the Margin Trading Facility (MTF) offered by us, TORUS FINANCIAL MARKET (hereinafter referred to as TFM).

Anything not specifically covered in these Terms and Conditions shall be governed by the TFM Account Opening documents signed by the Client.

Introduction: Margin Trading Facility (MTF) is a service that helps the Client purchase more shares than with the available cash in the Client’s account. The Client, can avail up to 4x of funds from TFM as MTF, to purchase any eligible stocks.

Eligible stocks: The Client understands that MTF would be extended only for the stocks as determined by TFM from time to time.

Limit: No Client would be funded beyond Rs.10,00,000 for one stock, and Rs.50,00,000 in total. At our sole discretion, we may extend this limit up to exchange prescribed limits. The minimum margin requirement to avail MTF would be up to VAR + 3 / 5 times the Extreme Loss Margin (ELM). Such margin would only be in cash, cash equivalent or Group I equity shares with the appropriate haircut.

The Margin Trading Facility would be available in accordance to the additional terms and conditions laid down below:


• Minimum margin requirement would be higher than the requirement as defined by Exchanges which we shall be collecting from client towards MTF. , it would be as defined by TFM RMS policy.
• Max 4 times limit will be provided on base Margin - Expo – If client had ₹ 100,000 margin then he can avail exposure of ₹ 4, 00,000.
• Such margin would be in the form of cash and/or non-cash collateral (Group 1 stock) as per RMS Policy.
• The client understands that Margin Trading Facility would be extended only for the Stocks as determined by TFM RMS policy from time to time.
• No client would be funded beyond Rs.501500000/- (Fiftyeen Lakhs Only) which shall be subject to RMS policy. Exposure to single stock should not be go beyond Rs.1000000.
• In case of Margin Shortfall, the shares will be squared-off after giving margin call. It may however, be noted that the initial/ maintenance margins shall never be lower than that prescribed by Stock Exchange/ SEBI/ Broker.
• If a stock is no longer in the MTF approved exchange list, any funded position must be closed.
• Client will have to make payment in full for stocks that have been removed from Exchange MTF approved list. TFM reserves the right to liquidate and close client positions if the above requirement is not fulfilled. For Exchange Approved MTF stock- FM refer both exchange approved stocks list (Group 1 stocks).
Charges:
1. Interest charges for using Margin Trading Facility: 0.05% per day of the funded amount. The charges would be applicable from T+1 day, until the day of the debit/positions are cleared.
2. Brokerage: 2.5% or Rs.2110, whichever is lower.
3. Pledge charges: Rs.30 per ISIN per pledge, and no charges for non-pledging.
4. Square-off charges of Rs.50 + GST shall be levied for every position squared off by TFM.
5. The Client shall be solely liable to pay all expenses and charges, including, without limitation, stamp duty, other government charges, and statutory charges, if applicable, in relation to MTF.

MTF Pledge process
As per SEBI regulation the all positions taken in Margin Trading Funding facility (MTF) are required to be compulsorily held by way of MTF Pledge. In compliance of the regulations, when a client buys shares under Margin Trading Facility, he must pledge those shares to continue holding the position. This process must be completed by 9:00 pm on the same day. In case the client fails to do so, his shares will be squared-off on T+5 day as per Ageing Policy.
1. Miscellaneous
TFM reserves the right to not provide the Margin Trading Facility to any Client, with or without assigning any reason whatsoever.
TFM reserves the right to withdraw the Margin Trading Facility at any time, without prior notice to any Client.
On withdrawal of the facility, the Client would be required to settle their positions and clear out any pending dues.
The Client understands that the service provided hereunder is using online infrastructure. In case of any technical failure, subject to applicable regulations, TFM shall not be responsible for any loss suffered by the Client.

Ageing based square-off:
It is the customer's obligation to clear ledger debit balances in T+1 day (i.e. on settlement day) where in T is the transaction/trading day. If there is a failure on part of the customer to clear the ledger debit then TFM reserves the right to liquidate the stock upon ageing of the ledger debit beyond T+4 days The stock will be sold from customers' accounts on T+5 days after the ledger debit. For e.g.: trades executed on Monday will be squared off on next Monday (T+5) where T indicates Trading day

1. Client Obligation

1. Client shall, in writing in his own hand or in any irrefutable electronic method, agree to avail of Margin Trading Facility in accordance with the terms and conditions of Margin Trading Facility offered by the broker, method of communication for confirmation of orders/trades, margin calls and calls for liquidation of collateral/security/position.
2. Client shall inform the broker of its intent to shift the identified transaction under Margin Trading Facility within the time lines specified by the broker failing which the transaction will be treated under the normal trading facility.
3. Client shall place the margin amounts as the Stock Broker may specify to the client from time to time.
4. On receipt of ‘margin call’, the client shall make good such deficiency in the amount of margin placed with the Stock Broker within such time as the Stock Broker may specify.
5. By agreeing to avail Margin Trading Facility with the broker, client is deemed to have authorized the broker to retain and/or pledge the securities provided as collateral or purchased under the Margin Trading Facility till the amount due in respect of the said transaction including the dues to the broker is paid in full by the client.
6. Client shall lodge protest or disagreement with any transaction done under the margin trading facility within 30 days of the transaction, as mutually agreed between the client and broker.

2. Stock Broker Rights

1. Stock Broker and Client may agree between themselves the terms and condition including commercial terms if any before commencement of MTF.
2. Stock broker may set up its own risk management policy that will be applicable to the transactions done under the Margin Trading Facility. Stock broker may make amendments there to at any time but give effect to such policy after the amendments are duly communicated to the clients registered under the Margin Trading Facility.
3. The broker has a right to retain and/or pledge the securities provided as collateral or the securities bought by the client under the Margin Trading Facility.
4. The broker may liquidate the securities if the client fails to meet the margin call made by the broker as mutually agreed of liquidation terms but not exceeding 5 working days from the day of margin call.
5. The client agrees that TFM may at its discretion, in accordance with its risk management policy, disable certain securities and square off all open positions in such scrip which are not converted to delivery irrespective of margin availability on account of corporate action such as stock split, issue of bonus shares, merger, spin off, Buy Back and the like. TFM will duly intimate the Client accordingly and Client agrees that TFM cannot be held liable for any losses arising out of such disablement or squaring off of security.

3. Stock Broker Obligation

1. Stock broker shall agree with the client the terms and condition before extending Margin Trading Facility to such client. However, for clients who already have existing trading relationship and want to avail of Margin Trading Facility, stock broker may take consent in writing in his own hand or in any irrefutable electronic method after stock broker has communicated the terms and conditions of Margin Trading Facility to such existing clients.
2. The terms and conditions of Margin Trading Facility shall be identified separately, in a distinct section if given as a part of account opening agreement.
3. The mode of communication of order confirmation, margin calls or liquidation of position/security shall be as agreed between the broker and the client and shall be in writing in his own hand or in any irrefutable electronic method. Stock broker shall prescribe and communicate its margin policies on haircuts/ VAR margins subject to minimum requirements specified by SEBI and exchanges from time to time.
4. The Stock Broker shall monitor and review on a continuous basis the client’s positions with regard to MTF. It is desirable that appropriate alert mechanism is set up through which clients are alerted on possible breach of margin requirements.
5. Any transaction to be considered for exposure to MTF shall be determined as per the policy of the broker provided that such determination shall happen not later than T+1 day.
6. If the transaction is entered under margin trading account, there will not be any further confirmation that it is margin trading transaction other than contract note.
7. In case the determination happens after the issuance of contract, the broker shall issue appropriate records to communicate to Client the change in status of transaction from Normal to Margin trading and should include information like the original contract number and the margin statement and the changed data.
8. The Stock Broker shall make a ‘margin call’ requiring the client to place such margin; any such call shall clearly indicate the additional/deficient margin to be made good.
9. Time period for liquidation of position/security shall be in accordance declared policy of the broker as applicable to all MTF clients consistently. However, the same should not be later than 5 working (trading) days from the day of ‘margin call’. If securities are liquidated, the contract note issued for such margin call related transactions shall carry an asterisk or identifier that the transaction has arisen out of margin call.
10. The daily margin statements sent by broker to the client shall identify the margin/collateral for Margin Trading separately.
11. Margin Trading Accounts where there was no transactions for 90 days shall be settled immediately.
12. The stocks deposited as collateral with the stock broker for availing margin trading facility (Collaterals) and the stocks purchased under the margin trading facility (Funded stocks) shall be identifiable separately and there shall not be any comingling for the purpose of computing funding amount;
13. Stock Broker shall close/terminate the account of the client forthwith upon receipt of such request from the client subject to the condition that the client has paid dues under Margin Trading Facility.

4. Termination of Relationship

1. The margin trading arrangement between the stock broker and the client shall be terminated; if the Stock Exchange, for any reason, withdraws the margin trading facility provided to the Stock Broker or the Stock Broker surrenders the facility or the Stock Broker ceases to be a member of the stock exchange.
2. The MTF facility may be withdrawn by the broker, in the event of client committing any breach of any terms or conditions therein or at any time after due intimation to client allowing such time to liquidate the MTF position as per the agreed liquidation terms without assigning any reason. Similarly, client may opt to terminate the margin trading facility in the event of broker committing any breach of any terms or conditions therein or for any other reason.
3. In the event of termination of this arrangement, the client shall forthwith settle the dues of the Stock Broker. The Stock Broker shall be entitled to immediately adjust the Margin Amount against the dues of the client, and the client hereby authorises the Stock Broker to make such adjustment.
4. After such adjustment, if any further amount is due from the client to the Stock Broker, the client shall settle the same forthwith. Upon full settlement of all the dues of the client to the Stock Broker, the Stock Broker shall release the balance amount to the client.
5. If the client opts to terminate the margin trading facility, broker shall forthwith return to the client all the collaterals provided and funded securities retained on payment of all the dues by clients.

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• Information that TFMPL publishes on the World Wide Web may contain references or cross references to TFMPL products, programs and services that are not announced or available in your country. Such references do not imply that TFMPL intends to announce such products, programs or services in your country. Consult TFMPL directly for information regarding the products, programs and services that may be available to you.

• In your use of the web site, you may enter into correspondence with, offering services from, or participate in promotions of advertisers or members or sponsors of the web site. Unless otherwise stated, any such correspondence, advertisement, purchase or promotion, including the delivery of and the payment for services, and any other term, condition, warranty or representation associated with such correspondence, or promotion, is solely between you and the applicable third party. You agree that TFMPL has no liability, obligation or responsibility for any such correspondence, purchase or promotion between you and any such third party.
• This website may be linked to other websites on the World Wide Web that are not under the control of or maintained by TFMPL. Such links do not indicate any responsibility or endorsement on our part for the external website concerned, its contents or the links displayed on it. These links are provided only as a convenience, in order to help you find relevant websites, services and/or products that may be of interest to you, quickly and easily. It is your responsibility to decide whether any services and/or products available through any of these websites are suitable for your purposes. TFMPL is not responsible for the owners or operators of these websites or for any goods or services they supply or for the content of their websites and does not give or enter into any conditions, warranties or other terms or representations in relation to any of these or accept any liability in relation to any of these (including any liability arising out of any claim that the content of any external web site to which this web site includes a link infringes the intellectual property rights of any third party).

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• Copy and distribute this information on any other server, or modify or re-use text or graphics on this system or another system. No reproduction of any part of the web site may be sold or distributed for commercial gain nor shall it be modified or incorporated in any other work, publication or web site, whether in hard copy or electronic format, including postings to any other web site.
• Remove any copyright, trade mark or other intellectual property notices contained in the original material from any material copied or printed off from the web site.
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• Without our express written consent.

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Most Important Terms and Conditions (MITC) (For non-custodial settled trading accounts)

1. Your trading account has a “Unique Client Code” (UCC), different from your demat account number. Do not allow anyone (including your own stock broker, their representatives and dealers) to trade in your trading account on their own without taking specific instruction from you for your trades. Do not share your internet/ mobile trading login credentials with anyone else.

2. You are required to place collaterals as margins with the stock broker before you trade. The collateral can either be in the form of funds transfer into specified stock broker bank accounts or margin pledge of securities from your demat account. The bank accounts are listed on the stock broker website. Please do not transfer funds into any other account. The stock broker is not permitted to accept any cash from you.

3. The stockbroker’s Risk Management Policy provides details about how the trading limits will be given to you, and the tariff sheet provides the charges that the stock broker will levy on you.

4. All securities purchased by you will be transferred to your demat account within one working day of the pay out. In case of securities purchased but not fully paid by you, the transfer of the same may be subject to limited period pledge i.e. seven trading days after the pay-out (CUSPA pledge) created in favour of the stock broker. You can view your demat account balances directly at the website of the Depositories after creating a login.

5. The stock broker is obligated to deposit all funds received from you with any of the Clearing Corporations duly allocated in your name. The stock broker is further mandated to return excess funds as per applicable norms to you at the time of quarterly/ monthly settlement. You can view the amounts allocated to you directly at the website of the Clearing Corporation(s).

6. You will get a contract note from the stock broker within 24 hours of the trade.

7. You may give a one-time Demat Debit and Pledge Instruction (DDPI) authority to your stock broker for limited access to your demat account, including transferring securities, which are sold in your account for pay-in.

9. In case of disputes with the stock broker, you can raise a grievance on the dedicated investor grievance ID of the stock broker. You can also approach the stock exchanges and/or SEBI directly.

10. Any assured/guaranteed/fixed returns schemes or any other schemes of similar nature are prohibited by law. You will not have any protection/recourse from SEBI/stock exchanges for participation in such schemes.

• TFMPL does not routinely monitor your postings to the web site but reserves the right to do so. However, in our efforts to promote good citizenship within the Internet community, if TFMPL becomes aware of inappropriate use of the web site or any of its Services, TFMPL will respond in any way that, in its sole discretion, TFMPL deems appropriate. You acknowledge that TFMPL will have the right to report to law enforcement authorities any actions that may be considered illegal, as well as any information it receives of such illegal conduct. When requested, TFMPL will co-operate fully with law enforcement agencies in any investigation of alleged illegal activity on the Internet.
• Submissions and unauthorized use of any materials contained on this web site may violate copyright laws, trademark laws, the laws of privacy and publicity, certain communications statutes and regulations and other applicable laws and regulations. You alone are responsible for your actions or the actions of any person using your user name and/or password. As such, you shall indemnify and hold TFMPL and its officers, directors, employees, affiliates, agents, licensors, and business partners harmless from and against any and all loss, costs, damages, liabilities, and expenses (including attorneys’ fees) incurred in relation to, arising from, or for the purpose of avoiding, any claim or demand from a third party that your use of the web site or the use of the web site by any person using your user name and/or password (including without limitation your participation in the posting areas or your Submissions) violates any applicable law or regulation, or the rights of any third party. TFMPL reserves the right to terminate access to this web site at any time and without notice. Further this limited license terminates automatically, without notice to you, if you breach any of these Terms. Upon termination, you must immediately destroy any downloaded and printed materials.
• TFMPL may at any time revise the Terms by updating the then-current version thereof posted on this web site. By using this web site, you agree to be bound by any such revisions and should therefore periodically visit this page of this web site to determine the most current version of the Terms to which you are bound. Certain provisions of the Terms may be superseded by expressly designated legal notices or terms located on particular pages at this web site.
• TFMPL may change the format and content of this web site at any time. TFMPL may suspend the operation of this web site for support or maintenance work, in order to update the content or for any other reason.
• Upon responding to our advertisements, you may receive offers from Torus Financial Markets and Torus Group companies.
• Personal details provided to TFMPL through this web site will only be used in accordance with our privacy policy. Please read this carefully before going on. By providing your personal details to us you are consenting to its use in accordance with our privacy policy.
• If you have a question or complaint, please contact us at corporate office. TFMPL reserves all other rights.
• Investment in securities market are subject to market risks, read all the related documents carefully before investing.
• Smart Plans
• Know more about smart plans
• T+1 day account opening challenge
• Only for KRA Verified user
• Account will be opened after all procedures relating to IPV and client due diligence are completed.

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• You agree to indemnify, defend and hold TFMPL, its and their Affiliates and any of its and their directors, employees, advisors, suppliers, advertisers, agents or sponsors harmless from and against any and all claims, damages, losses, costs (including without limitation reasonable attorneys’ fees) or other expenses that arise directly or indirectly out of or from (i) your breach of these Terms and Conditions; (ii) your violation of the undertaking, representation and covenants mentioned above; and/or (iii) your activities in connection with this web site. The maximum liability of TFMPL and its Affiliates to the Customer shall be subject to the amount of fees paid by the Customer for the services that he/she may have availed of through the Website or in pursuance of the Offer or the Service.

• In the event any provision of these terms and conditions is determined by a court of competent jurisdiction to be invalid, illegal or otherwise unenforceable such provision shall be deemed to have been deleted from these terms and conditions, while the remaining provisions shall remain in full force and effect. TFMPL ‘s failure to insist upon or enforce strict performance of any provision of these terms and conditions shall not be construed as a waiver of any provision or right. Neither shall the course of conduct between the parties nor trade practice shall act to modify any provision of these terms and conditions. This disclaimer clause shall be applicable to any person visiting/accessing the Website and/or a Customer entering into an agreement related to availing of the Service offered by TFMPL and its Affiliates. The terms & conditions governing individual products will be displayed at the relevant product specific pages in the website. If the client trades in/uses any of the products he will be deemed to have accepted the terms of the respective products as well as these terms.
• Torus Financial Markets Private Limited reserves the right to offer free brokerage for a limited period. The availability and terms of this offer may vary based on time, user profile, and other criteria.

• These terms and conditions are governed by and to be interpreted in accordance with laws of India, without regard to the choice or conflicts of law provisions of any jurisdiction. You agree, in the event of any dispute arising in relation to these terms and conditions or any dispute arising in relation to the web site whether in contract or tort or otherwise, to submit to the jurisdiction of the courts located at Mumbai, India for the resolution of all such disputes. The offering of the Service is subject to the requisite permissions, approvals, licenses and any other clearance from the appropriate regulatory authority viz., Securities and Exchange Board of India, National Stock Exchange of India Limited, Bombay Stock Exchange Limited, Mumbai and any other relevant authority that may be the regulatory authority of the Service.


• SMS service, if any provided to shall be paid information short message service (SMS) for members and/or subscribers (“Subscribers”) registered with Torus Financial Markets and/or its Affiliates accessible through short number (“the Service”).


• Subscriber agrees to pay TFMPL all charges incurred by the Subscriber for availing the Service. In the event of Subscriber having an account with TFMPL, Subscriber agrees, consents, and permits TFMPL to recover any dues and charges for the Service availed by him from any balances or monies lying to his credit with TFMPL and/or its Affiliates. In all other cases, Subscriber agrees to pay TFMPL in the mode and manner as deemed fit by TFMPL and Subscriber shall do so without demur.


• The Service will endeavour to provide market related information, news etc as decided by TFMPL from time to time.


• The Service is for information purposes only. TFMPL makes no representations or warranties regarding the accuracy, completeness or reliability of any information it provides. TFMPL assumes no responsibility for errors or omissions in the Service. Users should conduct their own research before acting on any information received through the Service. TFMPL shall not be responsible or liable for any losses, costs, expenses, charges, including notional losses/lost opportunities incurred by a User as a result of acting or non-acting on any information/material received through the Service. All information that may be provided on this Service or part thereof shall be on an “as is” basis and as sourced from the various service providers of TFMPL.


• Service is subject to co-operation by mobile telephony operator of Subscriber of the Service. TFMPL shall not be held responsible or liable for any breakdown of operator network, non-availability of Service due to technical defects, or other operator related issues.


• All material provided as part of the Service shall be for personal use of the Subscriber and not for commercial use. No Subscriber shall distribute, disseminate or part with any material received from the Service to any person or entity whether in oral, electronic or digital form.


• It is expressly agreed by the Subscriber that exclusive jurisdiction for any dispute with TFMPL resides in the courts at Mumbai and the user expressly consents to the exercise of jurisdiction in the courts of Mumbai in connection any such dispute. These terms shall be governed by and construed in accordance with the laws of India.


• Any notice to TFMPL shall be by Registered Post Acknowledgement Due addressed to: Torus Financial Markets, C Wing, 1802, Lotus Corporate Park, Off Western Express Highway, Jai Coach, Goregaon (East), Mumbai – 400063.


• By subscribing to the Service, the Subscriber agrees to these terms.


• These terms are subject to change without prior notice.


• Mobile Telephony Operator charges shall apply.


• Service subject to operator services.


• Mutual fund investments are subject to market risks.


• Insurance is the subject matter of solicitation.


• Past performance may not be an indicator of future returns.


• All investments and investment related decisions are at the sole discretion of the Subscriber.


• The views and investment tips expressed by investment experts or analysts or persons claiming to be domain experts on the Service are their own, and not that of TFMPL or its management. TFMPL advises users to check with certified experts before taking any investment decision. TFMPL does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. TFMPL especially states that it has no financial liability whatsoever to any Subscriber on account of the use of information provided as part of the Service.


• Subscribers are advised to understand that the Services can fail due to failure of hardware, software, and Internet connections. While TFMPL will endeavour that the messages are delivered in time to the Subscribers mobile network, the delivery of these messages to the Subscriber’s mobile phone/handset is the responsibility of the Subscriber’s mobile network. SMS may be delayed and/or not delivered to the Subscriber’s mobile phone/handset, owing to technical reasons that can only be addressed by the Subscriber’s mobile network/service provider, and TFMPL and/or its employees, officers, and directors and/or its service providers cannot be held responsible for the same.


• Trading in stocks, stock derivatives, and the like is inherently risky and Subscriber agrees to assume complete and full responsibility for the outcomes of all trading decisions that Subscriber makes, including but not limited to loss of capital. None of the trading calls made on the Service by any person or entity should be construed as an offer to buy or sell securities, nor advice to do so. Subscriber should not construe any information to constitute investment advice. It is purely informational in nature.


• All Subscribers may use the information as a resource only to further their own research on all featured companies, stocks, sectors, markets and information received. Nothing published through the Service should be considered as investment advice.


• All investments and investment products are subject to governmental, regulatory and relevant Exchange rules, regulations and guidelines.


• Any contests featured as part of the Service shall be subject to their own rules, and regulations and Subscriber shall be bound by the same.


• The Service contains material, including text, graphics and sound, which is protected by copyright and/or other intellectual property rights. All copyright and other intellectual property rights in this material are either owned by TFMPL or have been licensed to TFMPL by the owner(s) of those rights so that it can use this material as part of this service. TFMPL retains copyright on all Information, including text, graphics and sound and all trademarks displayed on this service are owned by TFMPL and used under license by TFMPL affiliates.


• By accepting these terms and/or receiving the Service, User consents to receive advertising or promotional material in electronic form or otherwise whatsoever.


• TFMPL does not accept any responsibility or liability or guarantee the performance or merchantability of any product or services offered by any party pursuant to any advertisement or promotional material that may be received by the User as part of the Service and the same lies specifically with the advertiser.

• Please read these Terms of Use/Terms and Conditions carefully before using [www.torusmoney.com ] (the “website” or the “Site”), owned by the Torus Financial Markets (the “TFMPL” or “Company”). This agreement sets forth the legally binding terms and conditions for visitors, users or customers (collectively called “you” or “Users”) of the Site. In terms of the Indian Information Technology Act, 2000 (as amended from time to time), this document is an electronic record. By using the service/services in any manner, including, but not limited to, visiting or browsing the site or contributing content, information, or other materials or services to the Site, you have confirmed that you have read, understood and bound yourself by these Terms of Use. The acceptance of Terms of Use will be between you and TFMPL which is facilitating provision of the services, other than those which are otherwise specifically provided by each of the TFMPL Group Entities (as defined under our Privacy Policy) on their respective web pages / sites to you. All of the TFMPL Group Entities have their own separate legal identities and webpages (details about which are embedded in their respective web pages/sites) but in this website they may sometimes use “Group”, “we” or “us” when we refer to TFMPL Group Entities in general or where no useful purpose is served by identifying any particular TFMPL affiliate. These Terms of Use shall apply to the access and use of the website and all associated web pages/ sites which are linked with [www.torusmoney.com] You will be subject to the rules, guidelines, policies, terms, and conditions applicable to any facilities that are provided by this Site and all associated web pages/ sites and they shall be deemed to be incorporated into these Terms of Use and shall be considered as part and parcel of these Terms of Use. It is clarified that all references to one particular gender, in the context of the User, shall be deemed to include references to Users of the opposite gender as well as Users who are legal or non-natural entities. All capitalized terms shall have the meaning given to them under the Privacy Policy, unless specifically stated here in these Terms of Use.

Summary of services and or products

• TFMPL, the broking arm of Torus Group, is one of the India’s leading retail broking houses, providing customers with access to equities, derivatives, currency, IPOs, mutual funds, bonds, and corporate FDs amongst others. The large array of financial offerings helps customers fulfilling their investment objectives on one platform. TFMPL offers secure online trading platform & investment activities in a cost effective and convenient manner. To enable wider participation, it also provides the convenience of trading offline through variety of means including Call and Trade, Branch Dealing Desks and network of affiliates. Focus on timely & error-free execution represents its core strength. Our best-in-class research offerings, high degree of compliance with stock exchange regulations, ethical business standards

User Content submissions

Acceptance of Terms

• You accept the Terms of Use of TFMPL by:
  • surfing and viewing the Content of the Site;
  • creating an account on the Site;
  • signing up on the Site; and/or
    • making use of the feature of the Site or the Services available therein,
    • You further agree and acknowledge that:


• You are eligible to contract with us;
• You have read the Terms of Use; and
• You agree to be bound by the Terms of Use.
• The service and or products are offered subject to acceptance of all of the terms and conditions contained in these Terms of Use, including the Privacy Policy (that can be found on the Site) mentioned in this document and all other operating rules, policies, and procedures that may be published on the Site, which are incorporated by reference and may be updated by TFMPL without notice to you. In addition, some services and or products offered through the Site may be subject to additional terms and conditions adopted by the Company. Your use of those services is subject to those additional terms and conditions, which are incorporated into these Terms of Use by this reference.
• TFMPL may, in its sole discretion, refuse to offer the Site’s services to any person or entity and change its eligibility criteria at any time. This provision is void where prohibited by law and the right to access the Site’s services is revoked in those jurisdictions.
• It is clarified that clicking “I Agree” to “Terms of Use” or “Terms & Conditions”, shall be considered as your electronic acceptance of this Agreement under Information Technology Act 2000. Your continued usage of the facilities from time to time would also constitute acceptance of the Terms of Use including any further changes or update or modification thereof and you would be bound by this agreement until this agreement is terminated as per provisions defined herein.
• You also acknowledge and agree that, unless specifically provided otherwise, these Terms of Use only apply to this website and facilities provided on this website. All of the TFMPL Group Entities may have their own individual web pages/sites which are owned by the respective TFMPL Group Entities and the facilities offered by the respective TFMPL Group Entities will be governed in accordance with the terms and conditions posted of those web pages/websites which you would be bound while availing the facilities/services of the said respective TFMPL Group Entities through their respective web pages / sites or otherwise in any other mode as the case may be. TFMPL may reserve the right to modify the TFMPL Group Entities from time to time. Users are advised to review TFMPL Group Entities list regularly.

Modification of Terms of Use

• TFMPL reserves the right, at its sole discretion, to modify or replace these Terms of Use, or change, suspend, or discontinue the Site and its services and products (including, but not limited to, the availability of any feature, database, or Content) at any time for any reason which may not be limited to:
  • comply with changes in law,
  • correct inaccuracies, omissions, errors,
  • scope and nature of the products and services,
  • company reorganization or restructuring,
  • market practice or customer requirements.
• TFMPL may also impose limits on certain features, products and services or restrict your access to parts or all of the Site without notice or liability. It is your responsibility to check the Terms of Use periodically for changes. Your continued use of the Site following the posting of any changes to the Terms of Use constitutes acceptance of those changes and you confirm to be bound by the same.


• If you do not agree or accept with any of these Terms of Use, you may not use this website or email us your concern on support@torusgroup.in.


• The entire “market data” is sourced from “An external data content agency” and we are not to be responsible for its “integrity / availability” of the same.

Registration

• create an account on the Site;
• sign up on the Site; and/or
• making use of the feature of the Site or the Services available therein.

Rights of TFMPL

• TFMPL shall have the right to:
  
• make changes in its services or products, at its sole discretion, at any time, without notice or liability;
• decide who’s eligible to use the services and or products offered;
• cancel accounts or decline to offer our services and or products;
• change our eligibility criteria at any time; and
• reject, cancel, interrupt, remove, or suspend any project at any time and for any reason.
• TFMPL will not have any ownership rights over your User submissions and Content. However, by accepting these Terms of Use, you provide your consent to TFMPL to collect, store, process, analyze, use and disclose all Information (as defined under the Privacy Policy) related to you, for the use and purpose or facilities indicated thereon at the time of collection and in accordance with the Privacy Policy. Other than those otherwise indicated and agreed by you, this Site do not collect or store or share your Information. For the purpose of providing the services and products, the website will use TFMPL Group Entities and their authorized business partners or third party agents and to that extent you understand and authorize the TFMPL to share/transmit such Information to TFMPL Group Entities and their business partners or third party agents. Such sharing of information will be solely for the purpose to fulfill / complete / authenticate your specific requests/transaction execution and for providing information about any TFMPL Group Entities’ product or facilities or services or for data analytics or to deliver to you any administrative notices, alerts or communications relevant to your purpose (and which may include sending promotional emails or SMS or calls or any other mode permitted under law) or to analyze the usage and improve the facilities/solutions offered or for any research or troubleshooting problems, detecting and protecting against errors or to improve features, tailor the facilities on the website to your interests, and to get in touch with you whenever necessary.
• TFMPL will not disclose your Personal Information with any unaffiliated third parties without your prior written consent which shall include electronic consent save and except where such information shall be disclosed in good faith and for the purpose of law for the time being in force or to protect the rights and property oftorusmoney.com.

Third-Party Sites

• In your use of the website, you may enter into correspondence with, purchase goods and/or services from, or participate in promotions of advertisers or members or sponsors of the website. Unless otherwise stated, any such correspondence, advertisement, purchase or promotion, including the delivery of and the payment for goods and/or services, and any other term, condition, warranty or representation associated with such correspondence, purchase or promotion, is solely between you and the applicable third party. You agree that TFMPL has no liability, obligation or responsibility for any such correspondence, purchase or promotion between you and any such third party.
• This website may be linked to other websites on the World Wide Web that are not under the control of or maintained by TFMPL. Such links do not indicate any responsibility or endorsement on our part for the external website concerned, its contents or the links displayed on it. These links are provided only as a convenience, in order to help you find relevant websites, services and/or products that may be of interest to you, quickly and easily. It is your responsibility to decide whether any services and/or products available through any of these websites are suitable for your purposes. TFMPL is not responsible for the owners or operators of these websites or for any goods or services they supply or for the content of their websites and does not give or enter into any conditions, warranties or other terms or representations in relation to any of these or accept any liability in relation to any of these (including any liability arising out of any claim that the content of any external web site to which this web site includes a link infringes the intellectual property rights of any third party).

Representations and warranties

• You hereby represent and warrant to TFMPL that:
• all information provided by them during the online or offline registration is true and accurate; and
• they are capable (in case of an individual, being above 18 years of age) and duly authorized (in case of a legal entity, by way of appropriate corporate approvals) to enter into the agreement or arrangement, on behalf of himself, any other person, company, or other entity.

General terms and conditions

Rules and Conduct

• As a condition of use, you promise not to use the Site for any purpose that is prohibited by the Terms of Use or law. The Site and its’ services are provided only for your own personal, non-commercial use (except as allowed by in this Terms of Use). You are responsible for all of your activity in connection with the Site and its services. You shall not, and shall not permit any third party using your account to, take any action, or submit content, that:
1. Infringes any patent, trademark, trade secret, copyright, right of publicity, or other right of any other person or entity, or violates any law or contract;
2. You know is false, misleading, or inaccurate;
3. Is unlawful, threatening, abusive, harassing, defamatory, libellous, deceptive, fraudulent, tortious, obscene, offensive, profane, or invasive of another’s privacy;
4. Constitutes unsolicited or unauthorized advertising or promotional material or any junk mail, spam, or chain letters;
5. Copy (whether by printing off onto paper, storing on disk, downloading or in any other way), distribute (including distributing copies), download, display, perform, reproduce, distribute, modify, edit, alter, enhance, broadcast or tamper with in any way or otherwise use any material contained in the web site except as set out under “You may”. These restrictions apply in relation to all or part of the material on the website;
6. Copy and distribute this information on any other server, or modify or re-use text or graphics on this system or another system. No reproduction of any part of the website may be sold or distributed for commercial gain nor shall it be modified or incorporated in any other work, publication or web site, whether in hard copy or electronic format, including postings to any other website;
7. Remove any copyright, trade mark or other intellectual property notices contained in the original material from any material copied or printed off from the website; link to this web site; without our express written consent;
8. Contains software viruses or any other computer codes, files, or programs that are designed or intended to disrupt, damage, limit, or interfere with the proper function of any software, hardware, or telecommunications equipment or to damage or obtain unauthorized access to any system, data, password, or other information of TFMPL or any third party; or
9. Impersonates any person or entity, including any employee or representative of the TFMPL.
10. Additionally, you shall not:
11. take any action that imposes or may impose (as determined by TFMPL in its sole discretion) an unreasonable or disproportionately large load on the TFMPL’s or its third-party providers’ infrastructure;
12. interfere or attempt to interfere with the proper working of the service or any activities conducted on the service;
13. bypass any measures the TFMPL may use to prevent or restrict access to the services (or other accounts, computer systems, or networks connected to the service);
14. run Mail list, Listserv, or any form of auto-responder or “spam” in relation to the services or the products of TFMPL Group Entities; or
15. use manual or automated software, devices, or other processes to “crawl” or “spider” any page of the Site.
16. not make any negative, denigrating or defamatory statement(s) or comment(s) about TFMPL or the brand name or domain name used by TFMPL, or otherwise engage in any conduct or action that might tarnish the image or reputation, of TFMPL on any platform or otherwise tarnish or dilute any of TFMPL’s trade or service marks, trade name and/or goodwill associated with such trade or service marks, trade name and/or goodwill associated with such trade or service marks, trade name as may be owned or used by us. You agree that you will not take any action that imposes an unreasonable or disproportionately large load on the infrastructure of the Site or TFMPL’s systems or networks, or any systems or networks connected to TFMPL.

    You shall not directly or indirectly:

    1. 17.decipher, decompile, disassemble, reverse engineer, or otherwise attempt to derive any source code or underlying ideas or algorithms of any part of the service and or website, except to the limited extent applicable laws specifically prohibit such restriction;
    2. 18.modify, translate, or otherwise create derivative works of any part of the services or products or contents; or
    1. cancel, reject, interrupt, remove, or suspend a project;
    2. remove, edit, or modify any Content, including, but not limited to, any User submission; and
    3. remove or block any User or User submission. TFMPL reserves the right not to comment on the reasons for any of these actions.

    Warranty Disclaimer

    • TFMPL tries to ensure that all Contents provided as part of this website is correct at the time of inclusion on the web site, however TFMPL does not guarantee the accuracy of the Contents including information and recommendations, whether in relation to the products, services, offerings or otherwise. TFMPL makes no representations or warranties as to the completeness or accuracy of Contents or Information.
    • TFMPL makes no commitment to update or correct any Content and or Information that appears on the internet or on this website. Information or Content is supplied upon the condition that the persons receiving the same will make their own determination as to its suitability for their purposes prior to use or in connection with the making of any decision. No Content at this website shall constitute an invitation to invest in TFMPL Group Entities. Any use of this website or the Content/Information is at your own risk. Neither TFMPL and or other TFMPL Group Entities, nor their officers, employees or agents shall be liable for any loss, damage or expense arising out of any access to, use of, or reliance upon, this website or the Information, or any website linked to this website.
    • Nothing contained herein is to be construed as a recommendation to use any product, process, equipment or formulation, in conflict with any patent, or otherwise and TFMPL makes no representation or warranty, express or implied that, the use thereof will not infringe any patent, or otherwise.
    • TFMPL Group Entities shall not be liable, at any time, for any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communications line failure, theft or destruction or unauthorized access to, alteration of, or use of information contained at this site.
    • This website is provided to you on an “as is” and “where-is” basis, without any warranty. TFMPL, for itself and any third-party providing materials, services, or content to this website, makes no representations or warranties, either express, implied, statutory or otherwise of merchantability, fitness for a particular purpose, or non-infringement of third party rights, with respect to the website, the information or any products or services to which the information refers. TFMPL will not be liable to you or any third party for any damages of any kind, including but not limited to, direct, indirect, incidental, consequential or punitive damages, arising from or connected with the site, including but not limited to, your use of this site or your inability to use the site, even if TFMPL has previously been advised of the possibility of such damages.
    • TFMPL controls and operates this Site from India and makes no representation that the materials are appropriate or will be available for use in other locations. If you use this web site from outside the India, you are entirely responsible for compliance with all applicable local laws. TFMPL does not make any warranty or representation that a User in one region may obtain the services from the TFMPL’s Site in another region and TFMPL may cancel a User’s order or redirect a User to the site for that User’s region if a User attempts to order services or products offered on a Site in another region.
    • Information that TFMPL publishes on the World Wide Web may contain references or cross references to TFMPL Group Entities’ products, programs and services that are not announced or available in your country. Such references do not imply that TFMPL intends to announce such products, programs or services in your country. Consult your local TFMPL Group Entities’ business contact for information regarding the products, programs and services that may be available to you.
    • Some states or countries do not allow limitations on how long an implied warranty lasts, so the above limitations may not apply to you. The Company makes no guaranty of confidentiality or privacy of any communication or information transmitted on the Site or any website linked to the Site. TFMPL will not be liable for the privacy of email addresses, registration and identification information, disk space, communications, confidential or trade-secret information, or any other Content stored on the Company’s equipment, transmitted over networks accessed by the Site, or otherwise connected with your use of the services or products. The Company will not be liable for the privacy of Information including email addresses, registration and identification information, disk space, communications, confidential or trade-secret information, or any other Content stored on the Company’s equipment, transmitted over networks accessed by the Site, or otherwise connected with your use of the services or products.
    • The Content, services or products on the Site are not intended to provide any legal, tax or financial or securities related advice. Accordingly, before making any final decisions or implementing any financial strategy, you should consider obtaining additional information and advice from your advisor or other financial advisers who are fully aware of your individual circumstances.
    • You authorise us to use/disseminate the information to provide the financial solutions and various options which are generally available basis your investment profile or those which are generally held by persons of similar investment profile, however it is not necessarily for you to act on it.

    Intellectual Property Rights

    • This website contains material, including text, /images, graphics, video and sound, which is protected by copyright and/or other intellectual property rights. All copyright and other intellectual property rights in this material are either owned by TFMPL or have been licensed to TFMPL by the owner(s) of those rights so that it can use this material as part of this website. TFMPL retains copyright on all Contents, including text, graphics and sound and all trademarks displayed on this website are owned by TFMPL and used under licence by TFMPL Group Entities.

    Content and License

    • You agree that the Site contains Content provided by TFMPL and its business partners and Users and that the Content may be protected by copyrights, trademarks, service marks, patents, trade secrets, or other rights and laws. You shall abide by and maintain all copyright and other legal notices, information, and restrictions contained in any Content accessed through the Service. TFMPL grants to each User of the Site a worldwide, non-exclusive, non-sub-licensable and non-transferable license to use and reproduce the Content, solely for personal, non-commercial use. Use, reproduction, modification, distribution, or storage of any Content for other than personal, non-commercial use is prohibited without prior written permission from TFMPL, or from the copyright holder. You shall not sell, license, rent, or otherwise use or exploit any Content for commercial use or in any way that violates any third-party right.

    Termination

    • TFMPL may terminate your access to the Site, without cause or notice, which may result in the forfeiture and destruction of all information associated with your account. If you wish to terminate your account, you may do so by following the instructions on the Site. Any amount paid to TFMPL are non-refundable. All provisions of the Terms of Use that by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity, and limitations of liability.

    Indemnification

    • The Users shall also not hold TFMPL or any of its directors, employees, agents, partners, vendors, suppliers, or content providers responsible for any unforeseen technical glitches such as but not limited to Site down for maintenance, server errors, speed of website download, any viruses in the Site etc., that might affect transaction activity on Site. Additionally, You shall defend, indemnify and hold harmless TFMPL and its directors, employees, agents, partners, vendors, suppliers, or content providers, TFMPL Group Entities and its employees, contractors, directors, suppliers, and representatives from all direct and indirect liabilities, claims, and expenses, including reasonable attorneys’ fees, that arise from or relate to your breach or non-compliance of any of the Terms of Use herein, misrepresentation, use or misuse of, or access to, the service and content, or otherwise from your User submissions, violation of the Terms of Use, or infringement by You, or any third party using your account, of any intellectual property or other right of any person or entity. TFMPL reserves the right to assume the exclusive defence and control of any matter otherwise subject to indemnification by you, in which event you will assist and cooperate with TFMPL in asserting any available defences.

    Limitation of liability

    • In no event shall TFMPL, nor its directors, employees, agents, partners, vendors, suppliers, or content providers, be liable under contract, tort, strict liability, negligence, or any other legal or equitable theory with respect to the services or products:
    • for any lost profits, data loss, cost of procurement of substitute goods or services, or special, indirect, incidental, punitive, or consequential damages of any kind whatsoever, substitute goods or services (however arising); and
    • for any bugs, viruses, trojan horses, or the like (regardless of the source of origination).
    • TFMPL shall not be liable for any failure to perform its obligations hereunder where the failure results from any cause beyond the TFMPL’s reasonable control, including, without limitation, third party intervention, change in law or economic circumstances, mechanical, electronic, or communications failure or degradation.

    Consent, electronic communications and use of cookies

    Consent

    • You hereby give consent under these Terms of Use, for availing information/services related to TFMPL Group Entities; You agree and authorise the TFMPL to collect, store, process, share, transfer/transmit your Information with its TFMPL Group Entities and other associated business partners and third parties, in so far as required for offering of facilities through this website and for analytical / marketing purposes /report generations and/or to offer connected facilities on the website and may also include transfer/sharing/transmitting of sensitive personal data or information only if it is deemed necessary for the performance of facilities and to provide you with various value added and ancillary facilities/services and information, to aid you in managing your money needs in the manner agreed under these Terms of Use and the Privacy Policy. You agree to receive e-mails/sms/phone calls and such other mode as permitted under law from the TFMPL Group Entities or its associated business partners and third parties regarding the facilities updates, information/promotional offer and/or new product announcements and such other related information.
    • You also agree and authorise TFMPL Group Entities to contact you at the contact information provided for service related communication relating to your product or facilities offered even if your number is in National Do Not Call Registry.
    • You have the option to withdraw or opt out the said consent in the manner specified under the Privacy Policy and details as provided on the website. The Privacy Policy may be updated from time to time. Changes will be effective upon posting of the revised Privacy Policy on the website.
    • These Terms of Use and any notices or other communications regarding the facilities, services or products may be provided to you electronically, and you agree to receive communications from the Site in electronic form. Electronic communications may be posted on the Site and/or delivered to your registered email address, mobile phones etc. either by by TFMPL Group Entities with whom the services are availed. All communications in electronic format will be considered to be in “writing”. Your consent to receive communications electronically is valid until you revoke your consent by notifying of your decision to do so. If you revoke your consent to receive communications electronically, the TFMPL Group Entities shall have the right to terminate such facilities or services.
    • We use data collection devices such as “Cookies” on certain pages of the Site to help analyze our web page flow, measure promotional effectiveness, and promote trust and safety. “Cookies” are small files placed on your hard drive that assist us in providing our services. We offer certain features that are only available through the use of a “Cookie”. We also use Cookies to allow you to enter your password less frequently during a session. Cookies can also help us provide information that is targeted to your interests.

    Dispute Resolution and Governing Law

    • The website specifically prohibits you from usage of any of its facilities in any countries or jurisdictions that do not corroborate to all stipulations of these Terms of Use. The Website is specifically for Users in the territory of India. In case of any dispute, either judicial or quasi-judicial, whether in contract or tort or otherwise, the same will be subject to the laws of India, with the courts in Mumbai having exclusive jurisdiction.
    • These Terms of Use are governed by and constructed in accordance with the laws of India without reference to conflict of laws principles and disputes arising in relation hereto shall be subject to the exclusive jurisdiction of the courts of Mumbai.

    Integration, Severability and Waiver

    • These Terms of Use, the Privacy Policy and other referenced material herein or on the Site, are the entire agreement between you and TFMPL with respect to the Contents, Information, services, products and supersede all prior or contemporaneous communications and proposals (whether oral, written or electronic) between you and TFMPL with respect to the Contents, Information, services and products and govern the future relationship. If any provision of the Terms of Use is found to be unenforceable or invalid, that provision will be limited or eliminated to the minimum extent necessary so that the Terms of Use will otherwise remain in full force and effect and enforceable. The failure of either party to exercise in any respect any right provided for herein shall not be deemed a waiver of any further rights hereunder.

    Assignment

    • You shall not assign your rights and obligations under this agreement to any other party. The website may assign or delegate its rights and/or obligations under this agreement to any other party in future, directly or indirectly, or to TFMPL Group Entities.

• You agree, understand and confirm that the credit card/debit card/wallets details provided by you towards Torus Financial Markets Private Limited for availing of any of our products or services will be correct and accurate and you shall not use the credit card/debit card/account or any other details which is not lawfully owned by you, i.e. in a transaction, you must use your own card/account. You further agree and undertake to provide the correct and valid details when making payment to avail our products or services.


• We do not store any information related to your Credit card/ Debit card or Net banking. In case we do not receive an authorization from the respective bank or the transaction gets interrupted due to any reason, the transaction will be treated as failed and no order will be processed for that transaction.


• In this case, if any amount has been deducted from your account, the same will be credited back to your source account as per the banking TAT. The liability for use of a card or bank details fraudulently will be on you and the onus to 'prove otherwise' shall be exclusively on you.