ASMITA SHARE & STOCK BROKER LLC. owns and maintains http://NRIshareJunction.com& http://PIPEs.ucoz.comand acting as an Introducing Broker appointed by the GCI Financial Ltd.(GCI) regulated by the International Financial Services Commission.
INTRODUCTION
We are writing this section to bring to your notice your rights, limitations and obligations while using this website and to do away with the tedious task of looking up and understanding the law with respect to your use of our web site, thereby saving your precious time. The following are the terms and conditions, within the framework of which, if agreed upon by you, in its entirety, then only a relationship between us can be accomplished.
Leveraged Contracts for Difference ("CFD") and Foreign Exchange ("Forex") trading carries a high degree of risk.The amount of initial margin is small relative to the value of the position so that transactions are ‘leveraged’ or ‘geared’. A relatively small market movement will have a proportionately larger impact on the funds you have deposited. You may sustain a total loss of initial margin funds and any additional funds deposited with GCI to maintain your position.
You should carefully consider whether trading CFDs and/or Foreign Exchange is appropriate for you in light of your experience, objectives, financial resources and other circumstances.ASMITA,GCI offers trading in CFDs on shares, market indices, and futures prices; not trading in the underlying instruments themselves. CFD trading with ASMITA, GCI therefore does not entitle the Trader to dividends, delivery, or possibly certain other characteristics of buying or selling the underlying instrument.Furthermore, CFD trading is not conducted on any futures or stock exchange and is not subject to the rules of any futures or stock exchange.
Please make sure you have read and understood all disclaimers and information in GCI's account opening forms before commencing trading.
GCI Financial Ltd ("GCI"), company registration number 489574, is not an affiliate or subsidiary of any other company, and our only websites are gcitrading.com and gci.ru.
ASMITA & GCI Financial Ltd ("GCI") does not accept clients from the United States.ASMITA &GCI’s services are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. It is the responsibility of the customer to ascertain the terms of and comply with any local law or regulation to which they are subject
USE OF THE WEBSITE
Your using of this site and the information and material contained therein implies and constitutes that you have understood, appreciated and voluntarily accepted the rights, limitations and obligations, which would exist between us thereafter, in totality. You understand and agree that no joint venture, partnership, employment or agency relationship exists between you and as a result of this agreement or on account of use of our web site.
We in order to protect yours as well as our interests, reserve the right to make modifications and alterations in the material contained at this site without any intimation to you of such modifications or alterations. Hence you are supposed to check this web page of this web site on a regular basis.
Any person can use and participate in our web site as long as he or she is a major i.e. attained the age of 18 years and capable of entering into a legal contract as per the laws in India.
You agree that neither us nor our affiliates, agents, associates and or subsidiaries and any of our respective officers, directors, employees, or agents will be liable, whether in contract, tort, strict liability or otherwise, for any indirect, punitive, special, consequential, incidental or indirect damages (including without limitation lost profits, cost of procuring substitute service or lost opportunity) arising out of or in connection with the use of our web site and or a linked site, or with the delay or inability to use the site or a linked site, even if we have been made aware of the possibility of such damages. This limitation on liability includes, but is not limited to, the transmission of any viruses which may infect a user's equipment, failure of mechanical or electronic equipment or communication lines, telephone or other interconnect problems (e.g., you cannot access your internet service provider), unauthorized access, theft, operator errors, strikes or other labor problems or any force majeure, we cannot and do not guarantee continuous, uninterrupted or secure access to the internet, our web site or linked site.
LINKS TO OTHER WEB SITES
Through this web site you would be linked to other web sites, web pages and or offers which would require you to understand and accept additional rights and or obligations in order to participate. No judgment or warranty is made with respect to the accuracy, timeliness, or suitability of the content of other services or sites to which these screens link, and Asmita Share & Stock Broker LLC. and its subsidiaries and affiliates take no responsibility therefore. A link to a service or site outside of this site is not an endorsement of the service or site, its content, or its sponsoring organization. Unless mentioned otherwise herein or on the respective web site and or web pages, all the rights, obligations and limitations contained herein shall supersede all previous terms and conditions.
YOUR INFORMATION
The information provided by you, shall at all times be current, truthful, accurate, complete and updated by you regularly. The making of any false statements, non disclosure and or failure to provide timely updates of necessary information and facts would subject you to civil and criminal liabilities, penalties, non registration and or deactivation of your existing account with our share broker’s web site without notice or intimation of any kind to you.
We reserve the right to make modifications and alterations in the material contained at this site without any intimation to you of such modifications or alterations and will not be held responsible for any actions that may subsequently culminate into any loss, damage and or liability.
We may be required to disclose your personal information or to adhere to the bonafide requests of the government and or law, in such cases we shall be bound and shall at all times have the legal right to disclose any or all of your personal information.
LIMITATION ON USE OF INFORMAION
Asmita Share & Stock Broker LLC. (Asmita) has always strived hard to address the needs of the clients and in its endeavor to provide the best of services, we are providing various information in our websites. You should be aware and understand that Asmita and/or its affiliates may have opinions regarding any matter contained in this site and these opinions may be different from those contained in this site or those formed by you after using the information contained in this site. You are also aware and understand that these opinions may change from time to time without any obligation to inform you of such change in opinion.
The Price and value of investments and the income derived from them can go down as well as up, and you may not get back the amount you invest. High Volatility may have an adverse effect on the value, price and income of investments. Past performance is not necessarily a guide to further performance.
You are aware and understand that the materials provided are for your personal information only and do not construe to be any kind of personal recommendation for investment, legal or taxation advice to you. The services and investments referred to in our Site may have tax consequences the level of taxation depends on individual circumstances and such levels and bases of taxation can change. You should consult your own tax advisor in order to understand any applicable tax consequences. Any action taken by you on the basis of the information contained in this site is your responsibility alone and we will not be liable in any manner for the consequences of such action taken by you.
You are aware and understand that Asmita or its affiliates or employees shall not advise you on the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter and that mention of any particular security at this site does not constitute a recommendation to buy, sell, or hold that or any other security.
You are aware and understand that Asmita and/or its affiliates and/or its employees may have interests, financial or otherwise in the securities mentioned at this site.
THIRD PARTY CONTRIBUTORS
We may display articles from third party contributors on our site. A third party contributor by definition excludes employees of Asmita. The views carried in such third party contributions are of the contributors and not of Asmita and its associates, employees or directors. We are not liable for the same. We also assume that the third party contributor has taken all legal clearances and does not violate any copyright laws. We are not liable for any such violation.
A possibility exists that the site could include inaccuracies or errors. Although Asmita attempts to ensure the integrity, correctness and authenticity of the site, it makes no guarantees whatsoever as to its completeness, correctness or accuracy.
Hence it would be your responsibility to evaluate any inaccuracy, error, or delay in, or omission of
(i) any such data, information, or message within our web site or
(ii) the transmission or delivery of any data, information, or message; or
(iii) any loss, expense, cost or damage arising from or occasioned by any such inaccuracy, error, delay, or omission, non-performance, or interruption of any data, information, or message, due either to any negligent act or omission by us or our affiliates, agents, associates and or subsidiaries , or "force majeure" (i.e., flood, extraordinary weather conditions, earthquake, or other act of God, fire, war, insurrection, riot, labor dispute, accident, action of government, communications power failure, or equipment or software malfunction) or any other cause or circumstances beyond the reasonable control of Asmita.
SERVICES NOT AVAILABLE IN FOREIGN JURISDICTION
This Internet site is only available to residents in India and is presently not available to USA persons, foreign residents including non resident Indians (NRIs) in foreign jurisdiction where the services cannot be offered without prior regulatory compliance. In such cases due efforts are being made to comply with regulatory requirements in various jurisdictions which shall be notified from time to time.
COPYRIGHT/TRADEMARKS
Asmita shall not be liable if the customer downloads any information or software from this Website. Further, Asmitashall not be liable if the customer makes a copy, modifies, uploads, downloads, transmits, (re) publishes it 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. Asmita shall not bear the responsibility if the Customer modifies or uses the content or services he/she gets from this Website for any purpose other than those permitted, and in doing so violates the intellectual property including trademarks, copyright and other proprietary rights of Asmita.
COOKIES
Tracking data is automatically gathered using "cookies". A cookie is a small file containing information that is written to the user's hard drive and used to track the pages visited. The individual information gathered in this manner is used for internal purposes only and is used to track traffic patterns on the site.
MISCLLANEOUS
Our services may not be suitable for all customers and if you have any doubts, you should seek advice from an independent Financial Adviser.
Transactions between you and Asmita shall be governed by and construed in accordance with the laws of India, without regard to the laws regarding conflicts of law. Any litigation regarding this agreement shall be subject to the jurisdiction of the Competent Courts of Mumbai, India only.
Unless otherwise expressly provided herein, this Agreement, its provisions and intentions constitutes the entire Agreement between you and us with respect to the use of these web sites of ours and it supersedes all prior or contemporaneous communications and proposals, whether electronic, oral or written, between the two of us.
