Repository navigation
Expand file tree
/
Copy pathTerms.html
More file actions
1317 lines (1220 loc) · 84.5 KB
/
Copy pathTerms.html
File metadata and controls
1317 lines (1220 loc) · 84.5 KB
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448
449
450
451
452
453
454
455
456
457
458
459
460
461
462
463
464
465
466
467
468
469
470
471
472
473
474
475
476
477
478
479
480
481
482
483
484
485
486
487
488
489
490
491
492
493
494
495
496
497
498
499
500
501
502
503
504
505
506
507
508
509
510
511
512
513
514
515
516
517
518
519
520
521
522
523
524
525
526
527
528
529
530
531
532
533
534
535
536
537
538
539
540
541
542
543
544
545
546
547
548
549
550
551
552
553
554
555
556
557
558
559
560
561
562
563
564
565
566
567
568
569
570
571
572
573
574
575
576
577
578
579
580
581
582
583
584
585
586
587
588
589
590
591
592
593
594
595
596
597
598
599
600
601
602
603
604
605
606
607
608
609
610
611
612
613
614
615
616
617
618
619
620
621
622
623
624
625
626
627
628
629
630
631
632
633
634
635
636
637
638
639
640
641
642
643
644
645
646
647
648
649
650
651
652
653
654
655
656
657
658
659
660
661
662
663
664
665
666
667
668
669
670
671
672
673
674
675
676
677
678
679
680
681
682
683
684
685
686
687
688
689
690
691
692
693
694
695
696
697
698
699
700
701
702
703
704
705
706
707
708
709
710
711
712
713
714
715
716
717
718
719
720
721
722
723
724
725
726
727
728
729
730
731
732
733
734
735
736
737
738
739
740
741
742
743
744
745
746
747
748
749
750
751
752
753
754
755
756
757
758
759
760
761
762
763
764
765
766
767
768
769
770
771
772
773
774
775
776
777
778
779
780
781
782
783
784
785
786
787
788
789
790
791
792
793
794
795
796
797
798
799
800
801
802
803
804
805
806
807
808
809
810
811
812
813
814
815
816
817
818
819
820
821
822
823
824
825
826
827
828
829
830
831
832
833
834
835
836
837
838
839
840
841
842
843
844
845
846
847
848
849
850
851
852
853
854
855
856
857
858
859
860
861
862
863
864
865
866
867
868
869
870
871
872
873
874
875
876
877
878
879
880
881
882
883
884
885
886
887
888
889
890
891
892
893
894
895
896
897
898
899
900
901
902
903
904
905
906
907
908
909
910
911
912
913
914
915
916
917
918
919
920
921
922
923
924
925
926
927
928
929
930
931
932
933
934
935
936
937
938
939
940
941
942
943
944
945
946
947
948
949
950
951
952
953
954
955
956
957
958
959
960
961
962
963
964
965
966
967
968
969
970
971
972
973
974
975
976
977
978
979
980
981
982
983
984
985
986
987
988
989
990
991
992
993
994
995
996
997
998
999
1000
<!DOCTYPE html>
<html lang="en">
<head>
<meta charset="UTF-8">
<meta http-equiv="X-UA-Compatible" content="IE=edge">
<meta name="viewport" content="width=device-width, initial-scale=1.0">
<title>Fabits - Financial Habits</title>
<link href="https://cdn.jsdelivr.net/npm/bootstrap@5.0.2/dist/css/bootstrap.min.css" rel="stylesheet"
integrity="sha384-EVSTQN3/azprG1Anm3QDgpJLIm9Nao0Yz1ztcQTwFspd3yD65VohhpuuCOmLASjC" crossorigin="anonymous">
<link href='https://fonts.googleapis.com/css?family=Poppins' rel='stylesheet'>
<link rel="stylesheet" href="style.css">
<link rel="icon" href="fabits__favicon.png" type="image/png" sizes="16x16">
</head>
<script src="https://cdn.jsdelivr.net/npm/@popperjs/core@2.9.2/dist/umd/popper.min.js"
integrity="sha384-IQsoLXl5PILFhosVNubq5LC7Qb9DXgDA9i+tQ8Zj3iwWAwPtgFTxbJ8NT4GN1R8p"
crossorigin="anonymous"></script>
<script type="module" src="https://unpkg.com/ionicons@5.5.2/dist/ionicons/ionicons.esm.js" defer></script>
<script nomodule src="https://unpkg.com/ionicons@5.5.2/dist/ionicons/ionicons.js" defer></script>
<script src="https://cdn.jsdelivr.net/npm/bootstrap@5.0.2/dist/js/bootstrap.min.js"
integrity="sha384-cVKIPhGWiC2Al4u+LWgxfKTRIcfu0JTxR+EQDz/bgldoEyl4H0zUF0QKbrJ0EcQF"
crossorigin="anonymous"></script>
<script src="https://cdnjs.cloudflare.com/ajax/libs/gsap/3.11.3/gsap.min.js"></script>
<script src="https://cdnjs.cloudflare.com/ajax/libs/gsap/3.11.3/ScrollTrigger.min.js"></script>
<script src="script.js" defer></script>
<script src="https://cdnjs.cloudflare.com/ajax/libs/jquery/3.6.3/jquery.min.js"
integrity="sha512-STof4xm1wgkfm7heWqFJVn58Hm3EtS31XFaagaa8VMReCXAkQnJZ+jEy8PCC/iT18dFy95WcExNHFTqLyp72eQ=="
crossorigin="anonymous" referrerpolicy="no-referrer"></script>
<body>
<header class="display__mobile mh">
<div class="d-flex justify-content-between">
<div>
<a href="/">
<img src="Logooooo.png" alt="logo" style="width: 100px; " class="pt-4 ps-3 ms-3 display__desktop">
</a>
<a href="/">
<img src="Logooooo.png" alt="logo" style="width: 100px; " class="pt-4 ps-3 ms-0 display__mobile">
</a>
</div>
<div class="d-flex justify-content-end">
<img src="FabitsAssets/Images/Hamburger.svg" alt="logo" class="pt-2 hamburger open">
<ion-icon name="close-outline" size="large" class=" close d-none pt-3 pe-2"></ion-icon>
</div>
</div>
<div class="mt-2 bg-light navs d-none">
<div class="p-5 pt-3 ">
<hr>
<div class="">
<div class="text-center">
<div class="">
<div class="nav__item py-2">
<a href="/" class="nav__link">
<h5>
Home
</h5>
</a>
</div>
<div class="nav__item py-2">
<a href="https://fabits.com/pricing" class="nav__link">
<h5>
Pricing
</h5>
</a>
</div>
<div class="nav__item cp py-2 ">
<h5>
<a href="https://fabits.com/product">
Product
</a>
<ion-icon class="product__nav" name="caret-down-outline" class=" ms-2"
style="margin-bottom: -2px;"></ion-icon>
</h5>
<div class="product__nav__dropdown d-none ">
<div class="nav__item py-2">
<a href="https://fabits.com/sib" class="nav__link font__green">
<h5>
SIBs
</h5>
</a>
</div>
<div class="nav__item py-2">
<a href="https://fabits.com/ai" class="nav__link font__green">
<h5>
AI-Tech
</h5>
</a>
</div>
<div class="nav__item py-2">
<a href="https://fabits.com/etfs" class="nav__link font__green">
<h5>
ETFs
</h5>
</a>
</div>
<div class="nav__item py-2">
<a href="https://fabits.com/planning" class="nav__link font__green">
<h5>
Planning
</h5>
</a>
</div>
</div>
</div>
<div class="nav__item cp py-2 ">
<h5 class="business__nav">
For Business
<ion-icon name="caret-down-outline" style="margin-bottom: -2px;"></ion-icon>
</h5>
<div class="business__nav__dropdown d-none ">
<div class="nav__item py-2">
<a href="https://fabits.com/employers" class="nav__link font__green">
<h5>
For Employers
</h5>
</a>
</div>
<div class="nav__item py-2">
<a href="https://fabits.com/advisor" class="nav__link font__green">
<h5>
For Advisors
</h5>
</a>
</div>
<div class="nav__item py-2">
<a href="https://fabits.com/partners" class="nav__link font__green">
<h5>
Partner with Us
</h5>
</a>
</div>
<div class="nav__item py-2">
<a href="https://fabits.com/partners#demo" class="nav__link font__green">
<h5>
Request a Demo
</h5>
</a>
</div>
</div>
</div>
<div class="nav__item py-2">
<a href="https://fabits.com/team" class="nav__link">
<h5>
About Us
</h5>
</a>
</div>
<div class="nav__item py-2">
<a href="https://fabits.com/support" class="nav__link">
<h5>
Support
</h5>
</a>
</div>
</div>
<hr>
<div class="">
<div class="nav__item py-2">
<a href="https://mywealth.fabits.com/" target="_blank" class="nav__link">
<button class="sb w-50 bg__green boxshadow text-white">
Let's get started
</button>
</a>
</div>
<hr>
</div>
</div>
</div>
</div>
</div>
<div id="scroll-progress" style="margin-top: 13.5px;"></div>
</header>
<header class="display__desktop dh py-3">
<div class="d-flex justify-content-between ">
<div>
<a href="/">
<img src="Logooooo.png" alt="logo" style="width: 100px; " class="pt-4 ps-3 ms-3 display__desktop">
</a>
<a href="/">
<img src="Logooooo.png" alt="logo" style="width: 100px; " class="pt-4 ps-3 ms-0 display__mobile">
</a>
</div>
<div class="d-flex justify-content-end pt-4 desk__head">
<div class="nav__item mx-3 ">
<a href="/" class="nav__link">
<h6>
Home
</h6>
</a>
</div>
<div class="nav__item mx-3 cp product__navv">
<h6 style="cursor:default">
For Business
</h6>
<div class="product__nav__dropdownn position-absolute bg-light pt-4 boxshadow d-none"
style="margin-left: -20px;">
<div class="nav__item py-3 px-3 pe-5 no">
<a href="https://fabits.com/employers" class="nav__link font__green">
<h6>
Fabits for Employers
</h6>
</a>
</div>
<div class="nav__item py-3 px-3 pe-5 no ">
<a href="https://fabits.com/advisor" class="nav__link font__green">
<h6>
Fabits for Advisors
</h6>
</a>
</div>
<div class="nav__item py-3 px-3 pe-5 no">
<a href="https://fabits.com/partners" class="nav__link font__green">
<h6>
Partner with Us
</h6>
</a>
</div>
<div class="nav__item py-3 px-3 pe-5 no">
<a href="https://fabits.com/partners#demo" class="nav__link font__green">
<h6>
Request a Demo
</h6>
</a>
</div>
</div>
</div>
<div class="nav__item mx-3 cp product__navv">
<a href="https://fabits.com/product">
<h6>
Product
</h6>
</a>
<div class="product__nav__dropdownn position-absolute bg-light pt-4 boxshadow d-none"
style="margin-left: -20px; ">
<div class="nav__item py-3 px-3 pe-5 no">
<a href="https://fabits.com/sibs" class="nav__link font__green">
<h6>
SIBs
</h6>
</a>
</div>
<div class="nav__item py-3 px-3 pe-5 no ">
<a href="https://fabits.com/ai" class="nav__link font__green">
<h6>
AI-Tech
</h6>
</a>
</div>
<div class="nav__item py-3 px-3 pe-5 no">
<a href="https://fabits.com/etfs" class="nav__link font__green">
<h6>
ETFs
</h6>
</a>
</div>
<div class="nav__item py-3 px-3 pe-5 no">
<a href="https://fabits.com/planning" class="nav__link font__green">
<h6>
Planning
</h6>
</a>
</div>
</div>
</div>
<div class="nav__item mx-3 ">
<a href="https://fabits.com/team" class="nav__link">
<h6>
About Us
</h6>
</a>
</div>
<div class="nav__item mx-3 ">
<a href="https://fabits.com/pricing" class="nav__link">
<h6>
Pricing
</h6>
</a>
</div>
<div class="nav__item mx-3 ">
<a href="https://fabits.com/support" class="nav__link">
<h6>
Support
</h6>
</a>
</div>
<div class="nav__item mx-3 ms-5 ">
<a href="https://mywealth.fabits.com/" target="_blank" class="nav__link">
<button class="sb bg__green boxshadow text-white start px-4"
style="width: fit-content; margin-top: -100px;">
Let's get started
</button>
</a>
</div>
</div>
</div>
<div id="scroll-progresss" class="mt-3"></div>
</header>
<!-- <div style="height: 60px;"></div> -->
<div class="py-5 p-0 m-0"></div>
<div class="container-fluid p-0 m-0 bgwhite d-flex justify-content-center">
<div class="container p-0 m-0 privacy">
<div class="px-3">
<h1 class="heading font__black text-center display__desktop mt-5 pt-5">
<span class="font__green">
Terms
</span>
and Conditions
</h1>
<h1 class="heading font__black display__mobile">
<span class="font__green">
Terms
</span>
<br />
and Conditions
</h1>
<h2 class="mt-5 display__mobile">
Shareway Securities <br />Limited (FABITS)
</h2>
<h2 class="mt-5 display__desktop">
Shareway Securities Limited (FABITS)
</h2>
<p class="mt-5">
This page contains important information regarding the terms and conditions which apply to your
trading and demat account with Shareway Securities Limited. (Hereinafter referred to as Shareway
Securities Limited). Shareway Securities Limited, being a Trading Member of NSE registered with
Securities & Exchange Board of India (“SEBI”) and having Registration No. INZ000208134 for
Cash/Derivatives segments of NSE trading on your account will be enabled through Shareway Securities
Limited. The Depository services for your account will be enabled through Shareway Securities
Limited, a Depository Participant using CDSL as the Depository having SEBI Registration no.:
IN-DP-610-2021. Access to your account and the usage of your account is subject to your compliance
with all the terms and conditions set forth herein, read along with all documents, including but not
limited to; applications forms and undertakings, signed by you during account opening. Please read
this page carefully and retain it for future reference.
<br><br>
The website is owned, operated, and maintained by Shareway Securities Limited (hereinafter referred
to as “SHAREWAY SECURITIES LIMITED”), a Company incorporated under the Companies Act, 2013 having
CIN: U67120TN2008PLC066952, and having its Registered Office at #Flat E,2nd Floor“Gilli Flower” No
6/46,23rd Street L Block Anna Nagar East Chennai – 600102
<br><br>
Please note that the information contained herein is subject to change without notice.
</p>
<h3>
General terms and conditions
</h3>
<p>
Before availing of online trading services, the Client shall complete the registration process as
may be prescribed from time to time. The Client shall follow the instruction given on the website
for registering himself as a client.
<br><br>
The Client agrees that all investment and disinvestment decisions are based on the Client’s own
evaluation of financial circumstances and investment objectives. This extends to any decisions made
by the Client on the basis of any information that may be made available on the web site of SHAREWAY
SECURITIES LIMITED. The Client will not hold nor seek to hold SHAREWAY SECURITIES LIMITED or any of
its officers, directors, partners, employees, agents, subsidiaries, affiliates or business
associates liable for any trading losses, cost of damage incurred by the Client consequent upon
relying on investment information, research opinions or advice or any other material/information
whatsoever on the web site, literature, brochure issued by SHAREWAY SECURITIES LIMITED or any other
agency appointed/authorised by SHAREWAY SECURITIES LIMITED. The Client should seek independent
professional advice regarding the suitability of any investment decisions. The Client also
acknowledges that employees of SHAREWAY SECURITIES LIMITED are not authorized to give any such
advice and that the Client will not solicit or rely upon any such advice from SHAREWAY SECURITIES
LIMITED or any of its employees.
<br><br>
SHAREWAY SECURITIES LIMITED owns “Fabits” as brand and operates through this brand name and has
Intellectual Proprietary Rights of the same.
</p>
<h3>
Security Precaution and Password
</h3>
<p>
SHAREWAY SECURITIES LIMITED will provide the client with a username and a trading password which
will enable him to avail of the facilities of Online Trading through the SHAREWAY SECURITIES LIMITED
website, over the telephone or in any such other manner as may be permitted by SHAREWAY SECURITIES
LIMITED for availing of the services. SHAREWAY SECURITIES LIMITED may also provide the client with
the username and password for accessing its back-office for various reports, etc. All terms
regarding the use, reset and modification of such password shall be governed by information on the
website.
<br><br>
Our trading terminal system have a stringent Two-Factor authentication (2FA) secure system for every
client to enter their login ID using their Client ID and Password, along with a 4-digit PIN OR
Authentication via apps such as Google Authenticator set by the Client himself/herself. This 2FA
mechanism is set in place as per SEBI & Exchange guidelines with respect to Internet Based Trading
Rules.
<br><br>
Each (or Shareway Securities Limited trading platform) Password has a 2FA system in place for a
secure login experience by each client. After a client enters his/her Client ID, he/she is required
to enter his/her (i) Password; and (ii) a 4-digit unique PIN set by the Client him/herself OR an
authentication mechanism via an application such as Google® Authenticator or Microsoft®
Authenticator. A link to create Password & 2FA are sent to all clients along with the welcome email
while opening an account. This Password and 2FA set by each client, is unique to him/her, and is not
known to anybody else apart from the client him/herself. Passwords and 2FA credentials are
privileged information and must be kept in high secrecy by each client and not shared with anybody
else.
<br><br>
As per instructions from SEBI & the Depositories, we are also required to obtain the above stated
Two-Factor Authentication (2FA) for all such sell transactions where shares are debited from the
demat account using the Online DIS route. Therefore, the same PIN set by You for Your trading
terminal login, will be required to be inputted by You each time during a debit/sell transaction
from your holdings from Your demat account, This will be required only if You are using the Online
DIS route and not if you have submitted the physical Power of Attorney,
<br><br>
For Call & trade, each and every client is required to mention the last 4 digits of his/her Client
ID along with his/her personalised 4 digit Pin (known as Telephone code) which can only be seen
inside his/her trading account, that can be entered into by the client him/herself only after
entering the Client ID, Password, 2FA. To know more about creating, changing, and using Your
Telephone code, You may call us for more details.
<br><br>
Any Password can be reset by the You at any point of time, by selecting the ‘Forgot Password’ link
under the login area. As soon as You select the ‘Forgot Password’ link, a reset link is sent to Your
registered email ID, where the same process of setting a unique password is followed.
<br><br>
The Client shall be responsible for keeping the Username and Password confidential and secure and
shall be solely responsible for all orders entered and transactions done by any person whosoever
through SHAREWAY SECURITIES LIMITED’s Online Trading System using the Client’s Username and/or
Password whether or not such person was authorised to do so.
<br><br>
The Client shall immediately inform SHAREWAY SECURITIES LIMITED of any unauthorised use of the
Client’s Username or Password with full details of such unauthorised use including the date of such
unauthorised use, the manner in which it was unauthorisedly used, the transactions effected pursuant
to such unauthorised use, etc.
<br><br>
The Client acknowledges that he is fully aware of and understands the risks associated with availing
of online trading services through internet including the risk of misuse and unauthorised use of his
Username and/or Password by a third party and the risk of a person hacking into the Client’s account
on SHAREWAY SECURITIES LIMITED’s Online Trading System and unauthorisedly routing orders on behalf
of the Client through the System. The Client agrees that he shall be fully liable and responsible
for any and all unauthorised use and misuse of his Password and/or Username and also for any and all
acts done by any person through SHAREWAY SECURITIES LIMITED’s Online Trading System on the Client’s
Username in any manner whatsoever.
<br><br>
Without prejudice to the provisions mentioned herein above, the Client shall immediately notify
SHAREWAY SECURITIES LIMITED in writing with full details if: he discovers or suspects unauthorised
access through his Username, Password or Account, he notices discrepancies that might be
attributable to unauthorised access, he forgets his password or he discovers a security flaw in
SHAREWAY SECURITIES LIMITED’s Online Trading System.
</p>
<h3>
Orders
</h3>
<p>
All orders for purchase, sale or other dealings in securities and other instructions routed through
the SHAREWAY SECURITIES LIMITED’s Online Trading System via the Client’s Username shall be deemed to
have been given by the Client.
<br><br>
The client agrees to provide information relating to customer user identification number, and such
other information as may be required while placing orders on the telephone to determine the identity
of the client.
<br><br>
The orders and instructions and all contracts and transactions entered into pursuant thereto and the
settlement thereof will be in accordance with the Exchange Provisions.
<br><br>
SHAREWAY SECURITIES LIMITED may from time to time impose and vary limits on the orders which the
Client can place through SHAREWAY SECURITIES LIMITED’s online trading System (including exposure
limits, turnover limits, limits as to the number, value and/or kind of securities in respect of
which orders can be placed, the companies in respect of whose securities orders can be placed,
etc.). The Client is aware and agrees that SHAREWAY SECURITIES LIMITED may need to vary or reduce
the limits or impose new limits urgently on the basis of the SHAREWAY SECURITIES LIMITED’s risk
perception and other factors considered relevant by SHAREWAY SECURITIES LIMITED, and SHAREWAY
SECURITIES LIMITED may be unable to inform the Client of such variation, reduction or imposition in
advance. The Client agrees that SHAREWAY SECURITIES LIMITED shall not be responsible for such
variation, reduction or imposition or the Client’s inability to route any order through SHAREWAY
SECURITIES LIMITED’s Online Trading System on account of any such variation, reduction or imposition
of limits. The Client understands and agrees that SHAREWAY SECURITIES LIMITED may at any time, at
its sole discretion and without prior notice, prohibit or restrict the Client’s ability to place
orders or trade in securities through SHAREWAY SECURITIES LIMITED.
<br><br>
Though orders will generally be routed to the Exchange’s computer systems within a few seconds from
the time the order is placed by the Client on SHAREWAY SECURITIES LIMITED’s Online Trading System,
SHAREWAY SECURITIES LIMITED shall not be liable for any delay in the execution of any order or for
any resultant loss on account of the delay.
<br><br>
The client agrees SHAREWAY SECURITIES LIMITED may impose scrip wise surveillance or such other
conditions as to scrip wise limits, etc. The client also understands that SHAREWAY SECURITIES
LIMITED may impose various surveillances which may differ from client to client on the basis of the
SHAREWAY SECURITIES LIMITED’s risk perception and other factors considered relevant by SHAREWAY
SECURITIES LIMITED.
<br><br>
In case of a market order, the Client agrees that he will receive the price at which his order is
executed by the exchange’s computer system; and such price may be different from the price at which
the security is trading when his order is entered into SHAREWAY SECURITIES LIMITED’s Online Trading
System.
</p>
<h3>
Online Account Opening
</h3>
<p>
Online account opening using AADHAAR is currently available only for residents of India opening
accounts for an individual (HUFs, corporate bodies, NRIs, etc., not eligible).
<br><br>
When opening an account online using AADHAAR, data will be fetched from the KYC database and cannot
be edited.
<br><br>
Pick up of required documents related to the account opening procedure is subject to availability of
our representatives, given at any particular time and location.
</p>
<h3>
Trading, Settlement, and Accounts
</h3>
<p>
The client agrees that all orders placed through the website shall be forwarded by the system to the
Exchange. All orders placed otherwise than through the website shall be forwarded by the system to
Exchange terminals or any other order execution mechanism at the discretion of SHAREWAY SECURITIES
LIMITED. In the event that the order is placed during the trading hours, it shall be routed to and
executed on the market system.
<br><br>
Online confirmation will be sent to the client by electronic mail or SMS after the execution of the
order, trade and this shall be deemed to be valid delivery thereof by SHAREWAY SECURITIES LIMITED.
It shall be the responsibility of the client to review immediately upon receipt, whether delivered
to him by electronic mail or any other electronic means all confirmations of order, transactions, or
cancellations. It shall be the responsibility of the client to follow up with SHAREWAY SECURITIES
LIMITED for all such confirmations that are not received by him within a stipulated time.
<br><br>
The client shall bring any errors in any report, confirmation or contract note of executed trades
(including execution prices, scripts or quantities) to SHAREWAY SECURITIES LIMITED’s notice in
writing by an electronic mail or fax within twenty-four hours of receipt of the concerned report,
confirmation or contract note. Any other discrepancy in the confirmation or account shall be
notified by the client to SHAREWAY SECURITIES LIMITED in writing via electronic mail or fax within
twenty-four hours from the time of receipt of the first notice. In all cases, SHAREWAY SECURITIES
LIMITED shall have a right to accept or reject the client’s objection.
<br><br>
There may be a delay in SHAREWAY SECURITIES LIMITED receiving the reports of transaction, status,
from the respective exchanges or other persons in respect of or in connection with which SHAREWAY
SECURITIES LIMITED has entered into contracts or transactions on behalf of the clients. accordingly,
SHAREWAY SECURITIES LIMITED may forward to the client late reports in respect of such transactions
that were previously unreported to him as been expired, cancelled or executed. The client shall not
hold SHAREWAY SECURITIES LIMITED responsible for any losses suffered by the client on account of any
late reports, statements or any errors in the report / statements computed by or received from any
exchange.
<br><br>
The client agrees that if, for any circumstance or for any reason, the markets close before the
acceptance of the Order by the Exchange, the order may be rejected. The client agrees further, that
SHAREWAY SECURITIES LIMITED may reject Orders if the same are rejected by the Exchange for any
reason. In case of rejection of an order due to rejection by the Exchange, the client agrees that
the order shall remain declined and shall not be re-processed, in any event.
<br><br>
SHAREWAY SECURITIES LIMITED may, at its sole discretion, reject any order placed on the website or
in any other manner due to any reason, including but not limited to the non-availability of funds in
the trading account of the client, non-availability of securities in the Demat account of the client
with a designated depository participant, insufficiency of margin amount if the client opts for
margin trading, suspension of scrip- specific trading activities by or on an Exchange and the
applicability of circuit breaker to a scrip in which orders are placed.
<br><br>
The client agrees that, if the order is not accepted on the website for any reason, SHAREWAY
SECURITIES LIMITED shall have the right to treat the order as having lapsed.
<br><br>
The client is aware that the electronic trading systems either at the Exchange or in the office of
SHAREWAY SECURITIES LIMITED offices are vulnerable to temporary disruptions, breakdowns, or
failures. In the event of non- execution of trade orders or trade cancellation due to the happening
of such events or vulnerabilities due to failure / disruption / breakdown of system or link,
SHAREWAY SECURITIES LIMITED shall be entitled to cancel relative request/(s) with the Client and
shall not be liable to execute the desired transactions of the client’s. In such event, SHAREWAY
SECURITIES LIMITED does not accept responsibility for any losses incurred / that may be incurred by
the Client due to such eventualities which are beyond the control of SHAREWAY SECURITIES LIMITED.
<br><br>
SHAREWAY SECURITIES LIMITED may at its sole discretion permit execution of orders in respect of
securities, irrespective of the amount in the balance of the account of the client.
<br><br>
The client agrees to abide with and be bound by all the rules, regulations and bye-laws of the
Exchange as are in force pertaining to the transactions on his behalf carried out by SHAREWAY
SECURITIES LIMITED and the orders placed by him on the website or any other manner.
<br><br>
SHAREWAY SECURITIES LIMITED shall not be responsible for any order, that is made by the Client by
mistake and every order that is entered by the Client through the use of the allotted username and
the security code(s) shall be deemed to be a valid order for which the Client shall be fully
responsible.
<br><br>
Cancellation or modification of an order pursuant to the client’s request in that behalf is not
guaranteed. The order will be cancelled or modified only if the client’s request for cancellation
and modification is received and the order is successfully cancelled or modified before it is
executed. Market orders are subject to immediate execution wherever possible.
<br><br>
The client shall not be entitled to presume an order having been executed, cancelled or modified
until a confirmation from SHAREWAY SECURITIES LIMITED is received by the client. However, due to
technical other factors the confirmation may not be immediately transmitted to or received by the
client and such a delay shall not entitle the client to presume that the order has not been executed
cancelled or modified unless and until SHAREWAY SECURITIES LIMITED has so confirmed in writing.
<br><br>
The pending orders shall be governed as per the exchange systems, after the market is closed for the
day.
<br><br>
SHAREWAY SECURITIES LIMITED shall issue contract notes in terms of the SEBI (Brokers and
Sub-Brokers) Rules and Regulations, 1992, within 24 hours of the execution of the trade. Such a
contract notes, if issued in physical form shall be dispatched by SHAREWAY SECURITIES LIMITED by
courier, at the address mentioned in this agreement or at any other address expressly informed to
SHAREWAY SECURITIES LIMITED by the client. The client agrees that SHAREWAY SECURITIES LIMITED to
issue the contract note in digital form which shall be sent by way of electronic mail to the address
provided by the client. SHAREWAY SECURITIES LIMITED shall not be responsible for the non-receipt of
the trade confirmation due to any change in the correspondence address of the Client not intimated
to SHAREWAY SECURITIES LIMITED in writing. Client is aware that it is his responsibility to review
the trade confirmations, the contract notes, the bills, or statements of account immediately upon
their receipt. All such confirmations and statements shall be deemed to have been accepted as
correct if the client does not object in writing to any of the contents of such trade
confirmation/intimation within 24 hours to SHAREWAY SECURITIES LIMITED.
<br><br>
SHAREWAY SECURITIES LIMITED may allow/disallow client from trading in any security or class of
securities, or derivatives contracts and impose such conditions including scrip-wise conditional
trading for trading as it may deem fit from time to time.
</p>
<h3>
Margin
</h3>
<p>
The Client agrees and undertakes to immediately deposit with SHAREWAY SECURITIES LIMITED such cash,
securities, or other acceptable security, which SHAREWAY SECURITIES LIMITED may require as margin.
The Client agrees that SHAREWAY SECURITIES LIMITED shall be entitled to require the Client to
deposit with SHAREWAY SECURITIES LIMITED a higher margin than that prescribed by the Exchange.
SHAREWAY SECURITIES LIMITED shall also be entitled to require the Client to keep permanently with
SHAREWAY SECURITIES LIMITED a margin of a value specified by SHAREWAY SECURITIES LIMITED so long as
the Client desires to avail of the Online Trading Service of SHAREWAY SECURITIES LIMITED.
<br><br>
The Margin will not be interest bearing. SHAREWAY SECURITIES LIMITED shall have, at its sole
discretion, the irrevocable right to set off a part or whole of the Margin i.e., by the way of
appropriating of the relevant amount of cash or by sale or transfer of all or some of the Securities
which form part of the Margin, against any dues of the Client or of a member of the group of the
Client (for the purposes of these Terms, “Group” shall mean all the individuals, group companies,
firms, entities and the persons as specified in the schedule to the Member Client Agreement) in the
event of the failure of the Client or a member of the Group of the Client to meet any of their
respective obligations under these Terms.
<br><br>
The client agrees and authorises SHAREWAY SECURITIES LIMITED to determine the market value of
securities placed as margin after applying a haircut that SHAREWAY SECURITIES LIMITED may deem
appropriate. The client undertakes to monitor the market value of such securities on a continuous
basis. The client further undertakes to replenish any shortfall in the value of the margin
consequents to a fall in the market value of such securities placed as margin immediately whether or
not SHAREWAY SECURITIES LIMITED intimates such shortfall.
<br><br>
SHAREWAY SECURITIES LIMITED may at its sole discretion prescribe the payment of Margin in the form
of cash instead of or in addition to margin in form of securities. The Client accepts to comply with
the requirement of SHAREWAY SECURITIES LIMITED with regards to payment of Margin in the form of cash
immediately. Without prejudice to the stockbroker’s other rights (including the right to refer a
matter to arbitration), the stockbroker shall be entitled to liquidate / close out all or any of the
client’s positions for non- payment of margins or other amount, outstanding debts, etc., and adjust
the proceeds of such liquidation / close out, if any, against the client’s liabilities /
obligations. Any and all losses and financial charges on account of such liquidation / closing-out
shall be charged to and borne by the client.
<br><br>
The client agrees to abide by the exposure limits, if any, set by the stockbroker or by the Exchange
or Clearing Corporation or SEBI from time to time.
<br><br>
The client is also aware that SHAREWAY SECURITIES LIMITED is required to deposit sufficient margin
with the Exchange to enable all its eligible clients to trade subject to such limits as may be
imposed by SHAREWAY SECURITIES LIMITED on the basis of SHAREWAY SECURITIES LIMITEDs’ Risk perception
and other factors considered relevant by SHAREWAY SECURITIES LIMITED. However, there may be
circumstances when the deposits made by SHAREWAY SECURITIES LIMITED with the Exchange may not be
sufficient in times of extreme volatility and trading terminals of SHAREWAY SECURITIES LIMITED may
get temporarily suspended because of the cumulative effect of non-meeting of obligation by various
clients as per this agreement. In these circumstances, no client shall have the right to claim any
damages from SHAREWAY SECURITIES LIMITED for any loss that they might incur on account of such
suspension of trading.
<br><br>
The Client agrees that any securities/cash placed by him/her/it as margin may in turn be placed as
margin by SHAREWAY SECURITIES LIMITED with the Exchanges or banks or such other institution as
SHAREWAY SECURITIES LIMITED may deem fit. The Client authorises SHAREWAY SECURITIES LIMITED to do
all such acts, deeds and things as may be necessary and expedient for placing such securities/cash
with the Exchanges/Banks/Institutions as margin.
<br><br>
Any reference in these terms to sales or transfer of Securities by SHAREWAY SECURITIES LIMITED shall
be deemed to include sale of the Securities which form part of the Margin maintained by the Client
with SHAREWAY SECURITIES LIMITED. In exercise of SHAREWAY SECURITIES LIMITED’s right to sell
securities under the Agreement, the Client agrees that the choice of specific securities to be sold
shall be solely at the discretion of SHAREWAY SECURITIES LIMITED.
</p>
<h3>
Maintenance of Trading Account
</h3>
<p>
Money pay-in to SHAREWAY SECURITIES LIMITED – The Client agrees that all payments due to SHAREWAY
SECURITIES LIMITED will be made within the specified time and in the event of any delay, SHAREWAY
SECURITIES LIMITED may refuse, at their discretion, to carry out transactions or closeout the
position and the costs/losses if any, thereof shall be borne solely and completely by the client.
All payments made to SHAREWAY SECURITIES LIMITED shall be from the account of the client and shall
not to be from any third party.
<br><br>
Money pay out to SHAREWAY SECURITIES LIMITED – Notwithstanding anything contained in any other
agreement or arrangement, if any, between the parties hereto, the client hereby authorizes SHAREWAY
SECURITIES LIMITED to release all payments due to him from the trading account maintain with
SHAREWAY SECURITIES LIMITED, against specific request in this behalf.
<br><br>
Securities pay-in to SHAREWAY SECURITIES LIMITED – All delivery to be effected to SHAREWAY
SECURITIES LIMITED for a trade, must be made within 24 hours from the execution of the sale order or
one day before the pay-in date, whichever is earlier. Losses, if any, that may accrue in the event
of a default in completing the delivery on the exchange by SHAREWAY SECURITIES LIMITED as a result
of any delay in the delivery by the client, shall be borne solely and completely by the client.
Losses for the purposes of this clause shall include auction debits/ penalty charges, if any
incurred as a result of non-delivery of securities on the settlement date on the exchange. No
third-party shares will be sold through SHAREWAY SECURITIES LIMITED or third party payment should be
made to SHAREWAY SECURITIES LIMITED and client will be solely responsible for any violation. If the
client has sold any securities from the exchange against purchase in previous settlements, such sale
shall be at the sole risk as to costs and consequences thereof of the client.
<br><br>
Securities pay-out by SHAREWAY SECURITIES LIMITED – SHAREWAY SECURITIES LIMITED may directly credit
the demat account of the client with the depository participant or maintain the securities account
with SHAREWAY SECURITIES LIMITED on a running account basis.
<br><br>
Provided that if the order placed by the client through the website or otherwise is for securities
which are in the no-delivery period, such securities shall be credited to the trading account of the
client only at the time of settlement of trades, as per the schedule of the Exchange. However, if
any sum due from the client, SHAREWAY SECURITIES LIMITED may withholds the credit of securities to
the demat account of the client. However, the client authorizes SHAREWAY SECURITIES LIMITED to
withhold the securities to meet liabilities of client to SHAREWAY SECURITIES LIMITED under this
agreement.
<br><br>
SHAREWAY SECURITIES LIMITED is entitled to consider any sum or money or security lying to the credit
of the client as margin received.
</p>
<h3>
Representations and Warranties
</h3>
<p>
The Client hereby warrants that he is capable of executing the present agreement and that the terms
of the present are not in contravention of any rights of any party with whom such client has any
agreements, at any time prior to the execution of this agreement.
<br><br>
He agrees to provide and continue to provide all details about themselves as may be required by
SHAREWAY SECURITIES LIMITED, including but not restricted to PAN Number or Unique Identification
Number (issued by SEBI) , and states all details and facts represented to SHAREWAY SECURITIES
LIMITED are true.
<br><br>
The Client is aware and acknowledges that trading over the internet involves many uncertain factors
and complex hardware, software, systems, communication lines, peripherals, etc., which are
susceptible to interruptions and dislocations; and the Online Trading Service of SHAREWAY SECURITIES
LIMITED may at any time be unavailable without further notice. SHAREWAY SECURITIES LIMITED and the
Exchange do not make any representation or warranty that the Online Trading Service of SHAREWAY
SECURITIES LIMITED will be available to the Client at all times without any interruption. The Client
agrees that he shall not have any claim against the Exchange or SHAREWAY SECURITIES LIMITED on
account of any suspension, interruption, non-availability or malfunctioning of the Online Trading
System or Service of SHAREWAY SECURITIES LIMITED or the Exchange’s service or systems for any reason
whatsoever.
<br><br>
SHAREWAY SECURITIES LIMITED states that it has complied with and will continuously comply and if not
proposes to comply with all statutory and regulatory directions to offer the Internet Trading
services through the website Fabits.com and for dealing in cash and derivatives segment of the
exchange.
<br><br>
The Client warrants that all or any of the securities deposited by him with SHAREWAY SECURITIES
LIMITED in respect of margin requirements or otherwise, are owned by him and the title thereof is
clear and free of encumbrances.
<br><br>
The Client/s agree to indemnify and hold SHAREWAY SECURITIES LIMITED harmless against any loss that
may be suffered by it, its customers or a third party or any claim or action that may be initiated
by a third party which is in any way the result of improper use of user ID and password by the
Client/s.
<br><br>
The Client hereby confirms and warrants that the Client authorises SHAREWAY SECURITIES LIMITED to
take all such steps on the Client’s behalf as may be required for provisions or to complete or
settle any transactions entered into through or with SHAREWAY SECURITIES LIMITED or executed by
SHAREWAY SECURITIES LIMITED on behalf of the Client. However, nothing herein shall oblige SHAREWAY
SECURITIES LIMITED to take such steps.
</p>
<h3>
Fees and Brokerage
</h3>
<p>
The Client agrees to pay Shareway Securities Limited any brokerage, commission, fees, service tax
and other taxes and transaction charges as agreed upon and due from time to time, as applied to such
Client’s account, transactions, and trading ledger by Shareway Securities Limited, for the services
that the Client receives from Shareway Securities Limited.
<br><br>
All fees, brokerage, and charges on Shareway Securities Limited’s platform are subject to change
from time to time, subject to complying with rules prescribed by the Exchanges and SEBI, at Shareway
Securities Limited’s discretion, with due notification to the Client. Each time there is any change
with respect to fees, charges, and brokerage, Shareway Securities Limited would notify all Clients
by an email and/or SMS to their registered email ID and contact number with all details, along with
the date of such changes being effective.
<br><br>
An updated schedule of charges, brokerage, fees, towards applicable services provided by Shareway
Securities Limited along with taxes and other mandatory transaction charges is made available here
on fabits website.
</p>
<h3>
Investment or Any Other Advice
</h3>
<p>
The Client agrees that none of the services available on the website shall amount to investment
advice on the part of SHAREWAY SECURITIES LIMITED.
<br><br>
The Client agrees that in the event of SHAREWAY SECURITIES LIMITED or any employee or official of
SHAREWAY SECURITIES LIMITED, providing any information, recommendation or advice to the client, the
client may act upon the same at the sole risk and cost of the client, and SHAREWAY SECURITIES
LIMITED shall not be liable or responsible for the same.
<br><br>
SHAREWAY SECURITIES LIMITED, and its officers, directors, partners, employees, agents and affiliates
will have no liability with respect to any investment decisions or transactions of the client.
</p>
<h3>
Mutual Funds
</h3>
<p>
MFs is only an order collection platform that collects orders on behalf of clients,The Client
expressly agrees that Shareway Securities Limited is not liable or responsible and does not
represent or warrant for any damages regarding non-execution of orders or any incorrect execution of
orders with regard to the funds chosen by the Client due to, but not being limited to, any
link/system failure, sufficient/insufficient funds in the trading account which may occur at the end
of the client, Shareway Securities Limited or the exchange platform.
<br><br>
Funds required for mutual fund purchases on MF are not blocked on a real-time basis, they are
debited at an end of day basis. After having placed any fund order through MF, if you have used the
same funds to trade in the secondary markets, your account may go into a debit balance and you would
be liable for all subsequent charges including any interest and margin penalty.
</p>
<h3>
Programmes & Initiatives
</h3>
<p>
Shareway Securities Limited may from time to time have programmes to promote engagement and
education among clients. Shareway Securities Limited runs an initiative of a 60 day challenge where
clients participating and ending profitable after 60 days, shall be awarded a certificate of
recognition. Similarly, Shareway Securities Limited encourages clients to refer their friends and
family to begin investing with Shareway Securities Limited. In all such cases, Shareway Securities
Limited reserves the absolute right to change, withdraw, modify or suspend a part of or an entire
programme / initiative, without any prior notice to any such user or client.
<br><br>
Shareway Securities Limited’s decision on any condition of how any such initiative or programme
shall operate, would be final.
</p>
<h3>
Miscellaneous
</h3>
<p>
SHAREWAY SECURITIES LIMITED does not warrant that the service will be uninterrupted or error-free.
The service is provided in an “as is” and “as available” basis without warranties of any kind,
either express or implied, including, without limitation, those of merchantability and fitness for a
particular purpose. The client agrees that SHAREWAY SECURITIES LIMITED shall not be held responsible
for delays in transmission of orders due to breakdown of the system or failure of communication
facilities either due to the fault of the systems of SHAREWAY SECURITIES LIMITED or of the Exchanges
or otherwise or for any other delay beyond the reasonable control of SHAREWAY SECURITIES LIMITED due
to a breakdown or failure of communication facilities or for any other delay beyond the reasonable
control of SHAREWAY SECURITIES LIMITED.
<br><br>
All modification to this Agreement shall be made solely at the discretion of SHAREWAY SECURITIES
LIMITED and shall be intimated to the client by a suitable modification to the terms and conditions
or other applicable section on the website or in any other manner.
</p>
<h3>
Indemnity
</h3>
<p>
In the event of death or insolvency of the client, winding up or liquidation, or their otherwise
becoming incapable of receiving and paying for or delivering or transferring securities which the
client has ordered to be bought or sold, SHAREWAY SECURITIES LIMITED may close out the transaction
of the client and the client or his legal representative shall be liable for any losses, costs and
be entitled to any surplus which may result therefrom.
<br><br>
The client is aware that authentication technologies and strict securities measures are required for
internet trading through order routed system and undertake to ensure that the password of the client
and /or their authorized representatives are not revealed to any third party. The client also agrees
to indemnify SHAREWAY SECURITIES LIMITED from any loss, injury, claim or any action instituted
against SHAREWAY SECURITIES LIMITED arising from the misuse of the password by any party.
</p>
<h3>
Force Majeure
</h3>
<p>
SHAREWAY SECURITIES LIMITED shall not be responsible for delay or default in the performance of
their obligations due to contingencies beyond their control, such as (including but not limited to)
losses caused directly or indirectly by exchange or market rulings, suspension of trading, fire,
flood, civil commotion, earthquake, war, strikes, failure of the systems, failure of the internet
links or government / regulatory action.
</p>
<h3>
Severance
</h3>
<p>
In the event of any one or more of the provisions contained in this Agreement becoming invalid,
illegal or unenforceable in any respect under any law for the time being in force, the validity,
legality and enforceability of the remaining provisions contained herein shall not in any way be
prejudiced or affected thereto.
</p>
<h3>
Refund & Cancellation Policy
</h3>
<p>
The Refund & Cancellation policy for all payments made towards account opening or any other services
using any mode of payment shall stand as under:
</p>
<ol class="olol">
<li>
The Fees paid towards account opening charges for enabling equities, or any other services is
non-refundable.
</li>
<li>
Pick up of required documents related to the account opening procedure is subject to
availability of our representatives, given at any particular time and location.
</li>
<li>
In case your account has not been opened by Team Shareway Securities Limited, after the tenth
day passing by from the day of collection of all necessary supporting documents and receipt of
all due authorizations from you, you may request for a full refund of the charges as paid by you
towards account opening.
</li>
<li>
In case you have paid the charges relating to account opening multiple times, please create a
ticket here on our fabits website and we will initiate the necessary procedure to refund your
money.
</li>
</ol>
<p>
Note: The completion of the refund procedure is subject to agencies such as banks, payment gateways.
</p>
<h3>
Investor Redressal Mechanism
</h3>
<p>
Investor Satisfaction being of utmost importance, for which necessary mechanism and systems are in
place. All the investor grievances are monitored and redressed by the Compliance Officer of the
Company who reports directly to the Board of Directors, and this essentially takes care of the
necessary escalation in case of any long pending and serious compliant, otherwise the same are taken
care of by the Compliance Officer with the support of the Compliance team. The clients can email
their grievances on the email id support@fabits.com which is displayed on our website and the same
also mentioned on the contract notes and other correspondence if any sent to the client from time to
time. All the mails received are duly monitored and redressed by the Compliance Officer. The
register of grievances is centrally maintained for better control and monitoring, Thus the
grievances received in writing, mail, verbally, etc. are centrally monitored and redressed and
recorded with all the necessary steps taken for redressal of the same. Proper analysis is undertaken
to analyse the nature of complaints received, pattern of complaints and concentration if any at a
particular location, so that every effort is taken to remove the root cause of grievance by the
client. Periodic visits and inspections are undertaken for the branches and authorised partners to
get the feedback of clients on the issues. Depending on the feedback received necessary corrective
steps are introduced into the system. For ensuring that the funds received from the particular
clients are properly accounted for, no cheques and cash are collected, at various locations or at
the Head Office where centralized accounting is maintained, by which it is ensured that the funds
are credited to the account of the correct client and also from the particular accounts mentioned in
the client account master in the Back office software maintained centrally. No other separate
software is maintained for maintaining client account details. Thus, every attempt is made to
redress the grievance/problems of the clients and introduce systematic changes into the processes so
that such instances are avoided.
</p>
<h3>
Notice
</h3>
<p>
All notices, correspondences or communications issued under this agreement shall be served in any
one or more of the following modes of communications and such notice or communication shall be
served at the ordinary place of residence and/or last known web address / residing address and / or
at the ordinary business address of the party to this agreement such as –
</p>
<ol class="olol">
<li>
By hand
</li>
<li>
Delivery by post
</li>