Please read these terms carefully before using this website. The website ‘www.credwault.com’ is owned and
managed by CredWault Fintech Private Limited (“CredWault” or “Site” or “we” or “our” or “us”). CredWault is
an
online web base marketplace where the Exporters can avail Export Invoice discounting facility for their
export
trade receivables.
Acceptance of Agreement
By visiting our Site and accessing the information, resources, services, products,
and tools we provide (“Service” or “Services”), you (“User” or “Your” or “You”) understand and agree to be
bound by the terms and conditions (“Terms and Conditions” or “Terms”) that we have provided here. If User do
not agree to these Terms, User are advised to stop using our Site immediately. These Terms may be amended at
any time by us from time to time without specific notice. The latest copy of the Terms and Conditions will
be
posted on the Site. Your continued use of this Site after such modifications will constitute acknowledgment
and agreement of the modified Terms and Conditions. For specific questions regarding the Terms or our
Service,
please send an email to info@credwault.com.
Copyright
All intellectual property in and to the Site including the content, organization, design,
source code, software applications and other materials on this Site used in connection with the Website,
belongs exclusively to CredWault or its licensors and are protected by copyright law. All rights are
reserved with CredWault. Any use of the CredWault's trademarks or copyright, unless otherwise authorized in
a written agreement, will constitute an infringement upon the trademark and copyright (or any other such
intellectual property right) of CredWault and may be actionable under the applicable laws. No part may be
modified, reproduced, sold, stored in a retrieval system, transmitted in any form, copied, distributed,
reverse engineered, framed, used for creating derivative works or used for commercial or non-commercial
purposes under any circumstances.
Registration
The Service offered in the Site requires a registration and is only an “invitation to
offer”. In order to register, User are required to furnish details which is accurate, complete and up to
date about you as may be prompted by any registration forms on the Site ("Registration Details").
Upon completion of the Registration Details, you will receive a username and a password
from CredWault. User
shall be responsible for maintaining the confidentiality of user credentials. For this reason, User are also
required to choose passwords that meet the highest standards of strength permitted by this Site. CredWault
shall not be held responsible in any way for direct, indirect or consequential damages that may arise owing
to the unauthorized use of your account. User are also required to immediately notify CredWault of any
unlawful breach of your account or of any suspicious activity relating to your account.
CredWault reserves the right to refuse Service or at its sole discretion, to suspend or
delete at any time
and without notice, User accounts which it deems inappropriate, offensive or in violation of these Terms.
Personal Information
In using our Service, we may collect various personal information from You when You use
our Site and or the features provided by the Site.
Providing details of another person or business entity as your own may be punishable
under the terms of the
law and will not be deemed as acceptable.
Our Privacy Policy available at [●] sets out Our policy with respect to the collection, storage, use,
transfer and protection of any such personal information.
When You click on the 'I accept' or 'I agree' tab at the time of registering or otherwise
provide Your
personal information, You specifically consent to Our Privacy Policy.
CredWault may disclose Your personal information in accordance with applicable law.
Authorization
You authorize CredWault or our business partners to contact you by phone or email or in
person to provide information about our Service.
You authorize CredWault or our business partners to conduct due diligence in order to
ascertain the validity of any information You provide on the Site.
Use of Information
You agree that the information you provide here will be shared with our business
partners, employees, alternative financiers/ Trade Funds/ Hedge funds/ financial company/ NBFC/ Banking
partners for providing You our Service.
You agree that CredWault may use the information you provide on the Site, analyze Your
usage and access patterns for statistical analysis or other purposes to improve Our Service offering.
CredWault may collect device specific information such as but not limited to Your device hardware model,
operating systems, software and browser versions. We may also use various technologies to determine your GPS
co-ordinates, IP Address and other location specific details.
CredWault may further associate these information with Your registered account with
CredWault.
In some instances, CredWault may collect non-personal (aggregate or demographic) data
through cookies, web logs, and web beacons. That information is used to improve the usability, performance,
and effectiveness of our Site.
Cookies and other Tracking Technologies
CredWault and its third-party service providers utilize technologies such as cookies,
beacons, tags and scripts on our Site. These technologies are used in analyzing trends, administering our
Site, tracking Users' movements around the Site and to gather demographic information about our User base as
a whole. We may receive reports based on the use of these technologies on an individual as well as
aggregated basis.
Privacy
Your privacy is very important to us. CredWault agrees that any information we share with
third parties will be only as described here.
CredWault may share your information with third parties authorized to use your
information only as necessary to provide you our Service.
CredWault will not rent, share or sell your information to any third parties. We may
otherwise disclose your information when:
- we have your express consent to share this information for a specified purpose;
- as required by the law such to comply with court orders or similar legal procedures;
- tto protect the personal safety of the users of our Site or exercise or defend our property and legal
rights with respect to illegal activities, suspected fraud, violations of our Terms, or respond to a
government request.
We may also or transfer your information to our affiliates or to third parties acting on
CredWault’s behalf for the purposes of processing or storage.
Security
CredWault utilizes industry-standard measures to ensure that your information is kept
secure. These measures
include but is not limited to usage of SSL/TLS encryption, service audits, firewalls and other network
security measures. However, CredWault assumes no liability for any disclosure of information due to
unauthorized access by third parties or due to error or omissions beyond our reasonable control.
Service Availability
Being a registered user on our Site in no manner warrants or guarantees that our Service
will be provided to
you without taking into account other considerations including but not limited to financial terms, market
conditions, technical considerations or business prospects. CredWault reserves the right to modify, suspend
or
discontinue its Service without giving you prior notice.
Additional Terms
The Terms mentioned here are for the express purpose of registering as a User on our
Site. You hereby agree
that additional contracts and agreements may be put forth by CredWault or our business partners for availing
full range of our Service.
No Professional Advice
The Service made available through the Site is not intended to and does not constitute
legal or professional
advice, recommendation, or mediation under any circumstance. Your use of our Service is voluntary and
entirely
at your own risk. If necessary, please consult a professional or a legal expert for guidance before using
Service.
Restrictions and Prohibition on Use
You will agree not to hack or exploit loopholes in software, systems or processes used by
CredWault either
directly or indirectly or attempt to gain unauthorized entry to the Site. The documents or other materials
that you upload on the Site shall be free of virus, trojans or other malware designed to interrupt, destroy
or
limit the functionality of CredWault Site or Service.
Unlawful Activity
You will not use our Service for competitive gains or with malicious intent. CredWault
reserves the right to investigate complaints or reported violations of our Terms and take any suitable
action thereafter, including but not limited to deactivating, suspending or terminating your account without
giving you any notice. If you are found to be violating any of the Terms, CredWault can initiate legal
proceedings at your expense and attempt to claim suitable damages that may arise for your actions whether
directly implied or not.
Indemnification
You agree to indemnify and hold CredWault, CredWault's channel partners, agents,
representatives and other
authorized users (registered and un-registered Users), and each of the foregoing entities' respective
officers, directors,employees, agents, representatives, harmless from and against any and all losses,
damages,
liabilities and costs arising from (i)Your misuse of the Site, (ii) your violation of the Terms or use of
our
Service and (iii) any negligent or intentional wrongdoing on Your part.
Limitation of Liability
CredWault, its employees, affiliates, directors, or its partners involved in creating,
transmitting or distributing our Service on this Site, under no circumstances, shall be liable for any
direct, indirect, punitive, incidental, special, or consequential damages that result from either
misrepresentation, fraud, coercion, breach of trust, misappropriation, cheating or for any other such reason
of its Users or of third parties including but not limited to loss of profits and loss of goodwill or loss
of interest.
Representation and warranties
By using this Site You represent and warrant that:
- Your use of the Website shall not violate any applicable law or regulation;
- All Registration Details You submit is truthful and accurate and that You agree to maintain the accuracy
of such information;
- You as a registered or un-registered User will use the Website solely for Your personal and
non-commercial use. Any use of this Website or its content other than for personal purposes is prohibited.
- Your use of this Website shall be subjected to the following restrictions:
- You will not delete or modify any content of the Site including but not limited to, legal
notices, disclaimers or proprietary notices such as copyright or trademark symbols, logos, that You do
not own or have express permission to modify;
-
You will not decompile, reverse engineer, or disassemble the content, or
-
You will not remove any copyright, trademark registration, or other proprietary notices from the
Website. You further agree not to access or use this Site in any manner that may be harmful to the
business operation of this Site or its content.
You will not use the Site and / or Services in any way that is unlawful, or harms CredWault or any
other person or entity, as determined in CredWault's sole discretion.
-
You will not engage in any form of antisocial, disrupting, or destructive acts, including "flaming",
"spamming", "flooding", "trolling", "phishing" and "griefing" as those terms are commonly understood
and used on the Internet.
You will not host, display, upload, modify, publish, transmit, update or share any information that —
- belongs to another person and to which the User does not have any right to;
- infringes any patent, trademark, copyright or other proprietary rights(s), violates any law for
the time being in force;
-
contains software viruses or any other computer code, files or programs designed to interrupt,
destroy or limit the functionality of any computer resource;
- threatens the unity, integrity, defense, security or sovereignty of India, friendly relations
with foreign states, or public order or causes incitement to the commission of any cognizable
offence or prevents investigation of any offence or is insulting any other nation.
CredWault is not a financial institution, nor do we collect deposits or run chit funds or
other kinds of financial deposit schemes.
Third Party Links
References to third party products or services in our Site may be copyrighted by their
respective owners. CredWault neither approves nor endorses these third-party products or services and is not
responsible for the content or accuracy of any material on any third-party sites linked from our Site.
Non-transferable
The Terms mentioned here and agreed upon by you is not transferrable to any other person.
Legal Compliance
The Terms mentioned here are subject to the laws in India. All claims, matters and
disputes are subject to the exclusive jurisdiction of the competent courts in Mumbai only.
Disclaimer
Due to limitations of some of the technologies that we use which includes but not
limited to SMS, CredWault does not warrant the confidentiality or security of the messages whether personal
or
otherwise transmitted to Your device. CredWault makes no warranty or representation whatsoever regarding the
Site or any content, Services provided through or in connection with the Site. We make no warranty or
representation of any kind in relation to the system and the network or their function or performance or for
any loss or damage incurred by you or by any person resulting from your usage of our Service. Without
limitation to the other provisions of this agreement, CredWault, our employees, agents or contractors, shall
not be liable for any loss or damage whether direct, indirect or consequential, including but not limited to
loss of revenue, profits, business, contracts, anticipated savings or goodwill, loss of use or value of any
equipment including software, whether foreseeable or not, that you may suffer, arising from or relating to
any
delay, interruption, suspension, resolution of error in our Service in receiving and processing the request
and in formulating and returning responses or any failure, delay, interruption, suspension, restriction or
error in the transmission of any information or message to and from your telecommunication equipment and our
Service.
