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General Terms and Conditions
- Service Provision: PPWB offers its services on an “as is” and “where is” basis, without any warranty or liability.
- Investment Decisions: Clients are solely responsible for their investment and disinvestment decisions. PPWB is not liable for any trading losses or damages incurred based on information provided on its platform.
- Account Usage: Clients must not share their account credentials and should ensure all activities comply with applicable laws and platform guidelines.
- Order Types: The platform supports various order types, including Conditional Orders, Limit Orders, Market Orders, and facilities like Convert to Delivery (CTD) and Cover Orders.
- Eligibility: Users must invest from their own bank accounts and are prohibited from transferring accounts or impersonating others.
- Prohibited Activities: Unauthorized access, posting inappropriate content, and violating platform terms are strictly prohibited.
Most Important Terms and Conditions (MITC)
- Unique Client Code (UCC): Each trading account has a unique UCC, distinct from the demat account number. Clients should not share login credentials or allow unauthorized trading.
- Margins and Collaterals: Clients must provide required margins before trading. Collaterals can be in the form of funds or pledged securities.
- Risk Management: PPWB may impose trading limits or refuse orders based on market conditions and risk assessments.
- Settlement and Payouts: Securities purchased will be transferred to the client’s demat account within one working day of payout. Funds received from clients will be deposited with Clearing Corporations and excess funds returned as per norms.
- Contract Notes: Clients will receive a contract note within 24 hours of trade execution.
- Dispute Resolution: Clients can raise grievances through PPWB’s dedicated channels or approach stock exchanges and SEBI directly.