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| Disclaimer |
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Canara Bank Securities Ltd. maintains
www.canmoney.in (hereinafter referred to as the
“Website/Portal”) and owns, has the license to use or otherwise
has the right to use, free of any pending or threatened liens,
all content, graphics, HTML and CGI or other scripts displayed
and used on the Website.
Whereas CBSL is a subsidiary of Canara Bank and the
Website/Portal is owned by CBSL, the disclaimer is for the
benefit of CBSL as well as for Canara Bank and other Affiliate
companies. Affiliate shall for the purposes of this disclaimer
mean any company which is the holding company or subsidiary of
Canara Bank or a company under the control of or under common
control with Canara Bank or a company in, more than 26% of the
voting securities of which, Canara Bank has direct or beneficial
interest.
THE USE OF THE WEBSITE BY THE CUSTOMER SHALL MEAN THAT HE/SHE
AGREES WITH THE FOLLOWING TERMS OF USE
- CBSL has launched and established on online trading
service on the Wesbsite/Portal (hereinafter referred to as
the “Service”), CBSL has exclusive and sole discretion to
select the Customers who would be entitled to use, access
and benefit out of the Service, CBSL also reserves the
absolute right and discretion to decide on the criteria
for selecting the Customers to participate in the service
offered hereunder.
- 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, Stock Exchange, Mumbai and any
other relevant authority that may be the regulatory
authority of the service.
- The Service offered by CBSL envisages a Customer
opening a Trading account, being provided with a demat and
bank account in respect of which the Customer will be
required to pay only the account opening charges
(hereinafter referred to as the “Offer”). This offer shall
remain valid only for such period as may be determined by
CBSL. CBSL also reserves the absolute right to decide on
the duration of the period during which the Offer shall be
available. CBSL need not and does not and will not
undertake to notify the withdrawal of the Offer.
- The Service offered by CBSL on the Website/Portal does
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. This Service is not
intended to be any form of an investment advertisement,
investment advice or investment 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 as
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 and the observe, any such restrictions. By
accessing and surfing this Website, the Customer agrees to
be bound by the foregoing limitations.
- No information, market analysis, research report, etc.
on the Website/Portal is to be construed as a
representation with respect to shares, securities or other
investment regarding the legality of an investment therein
under the respective applicable investment or similar laws
or regulations of any person or entity accessing the
Website/Portal.
- This Service is provided on an “As is” basis. CBSL.
Canara Bank and its Affiliates disclaim any warranty of
any kind, imputed by the laws of any jurisdiction, whether
express or implied, as to any matter whatsoever relating
to the Service, including without limitation the implied
warranties of merchantability, fitness for a particular
purpose, and non infringement. CBSL and the Service and
the Offer are subject to the jurisdiction only of the
Courts of the Republic of India at Mumbai.
- Use of the Service is at any persons, including a
Customer’s, own risk. The data and information provided on
the Website/Portal is not advice, professional or
otherwise, and should not be relied upon as such. Neither
the information, nor any opinion contained in this
Website/Portal constitutes a solicitation or offer by CBSL
to buy or sell any securities, futures, options or other
financial instruments or provide any investment advice or
service. CBSL or their employees have or may have an
outstanding buy or sell position or holding in the
securities, options on securities or other related
investments of issuers and companies mentioned herein. The
investments discussed or recommended in the market
analysis, research reports, etc. may not be suitable for
all investors. Investors must make their own investment
decisions based on their specific investment objectives
and financial position and using such independent advisors
as they believe necessary. Information herein is believed
to be reliable but CBSL 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 CBSL. Users are advised to peruse the articles and
other data in the Website/Portal only as information and
to rely on their own judgement when making investment
decisions.
- Neither CBSL nor its Affiliates shall be precluded
from making any contract or entering into any arrangement
or transaction with the companies mentioned herein or with
itself in the ordinary course of business or from
undertaking any banking, financial or agency services for
the companies or for itself or from underwriting or
guaranteeing the subscription of or placing or subscribing
for or otherwise acquiring, holding or dealing with any of
the stocks or shares or debentures or debenture stocks or
any other securities whatsoever of the companies or in
which the companies may be interested, either with or
without a commission, or other remuneration or otherwise,
at any time entering into any contract of loan or deposit
or any other contract or arrangement or transaction with
the companies or being concerned or interested in any such
contract or arrangement or transaction which any other
company or person would be entitled to enter into with the
companies and they shall not be in anyway liable to
account either to the companies or any person visiting or
accessing the Website/Portal including a Customer of the
Service for any profits made by them thereby or in
connection therewith and the CBSL or its owner or
Affiliate shall also be allowed to retain for their or his
own benefit any customary share of brokerage, fee,
commission, interest, discount or other compensation or
remuneration allowed to them.
- CBSL alongwith its directors, employees, associates or
other representatives and its Affiliates alongwith 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/Portal 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/Portal, 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, defeat, 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 CBSL on the
Website/Portal.
- CBSL makes no guarantees or representations as to, and
shall have no liability for, any electronic content
delivered by any third party, including, without
limitation, the accuracy, subject matter, quality or
timeliness of any electronic content on the
Website/Portal. CBSL shall not be responsible for the
contents of any linked site or any link contained in a
linked site, or any changes or updates to such sites. The
links being provided to the Customer are only for
convenience, and the inclusion of any link does not imply
endorsement by CBSL of the site, or its content or the
sponsoring organization, By providing access to other
Websites/Portals, CBSL is not recommending the purchase or
sale of the securities issued by it nor is it an
endorsement of services provided by its sponsoring
organization.
- The maximum liability of CBSL 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/Portal or in pursuance of
the Offer or the Service.
- CBSL shall not be liable for any misrepresentation,
falsification, and deception or for any lack of
availability of services through the Website/Portal, even
if the same are advertised for on the Website/Portal.
- No judgement or warranty or representation is made
with respect to the accuracy, timeliness, or suitability
of the content of other services or sites to which these
screens link, and CBSL shall not be responsible therefor.
- CBSL shall not be liable if the Customer downloads any
information or software from this Website/Portal. Further,
Canara Bank or its Affiliates shall not be liable if the
Customer makes a copy, modifies, uploads, downloads,
transmits, (re) publishes or removes or obscures any
intellectual property, including trademarks, copyright or
other notices or legends contained in any such information
or otherwise distributes any service or content from this
Website/Portal. CBSL shall not bear the responsibility, if
the Customer modifies or uses the contents or services
he/she gets from this Website/Portal for any purpose other
than those permitted, and in doing so violates the
intellectual property including trademarks, copyright and
other proprietary rights of CBSL.
- The Website/Portal contains features of the services
that are currently being offered by CBSL and those
intended to be offered in the future. CBSL alongwith
Canara Bank and its Affiliates intend to launch the
services confirming with the features listed on the
Website/Portal in toto, however due to business need and
regulatory requirement the final launch may contain
variations. Notwithstanding anything contained in the
Website/Portal regarding the services, CBSL may decide to
postpone the offering of the services or may even decide
to withdraw the offering or even a currently offered
service altogether.
- This disclaimer shall be applicable to any person
visiting/accessing the Website/Portal and/or a Customer
entering into an agreement related to availing of the
Service offered by CBSL and Canara Bank and its
Affiliates.
- The display, description or references to any
products, services, publications or links on the
Website/Portal shall not constitute an endorsement by CBSL
of such products, services, publications or links.
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