Internet based (Online) Trading Terms and Conditions:
For Online Trading the following Additional Terms and Conditions shall apply:
a) A password or PIN will be issued to the Customer's by the Securities Broker as the Customers’ Personal
Identification Number or Code to enable the Customer(s) to have access to and use his/her account for
Online Trading. The password/Pin may be communicated through email or through any courier to the
Customer(s)at his/her own risk The Customer(s) shall not disclose the password/Pin to any person and
shall take every reasonable precaution to prevent discovery of the password/Pin by any other reason.
b) The Securities Broker may electronically transfer delivery of confirmation, statements and other
notices in connection with the Online Tradi ng it shall be the responsibility of the Customer(s) to review
upon receipt of mails, confirmations statements, margin notices and maintenance calls whether
delivered by surface mail, email or electronic terminals. If the Password/PIN is disclosed to any third
party the Customer(s) shall immediately notify the same to the Securities Broker. The Customer(s) will
immediately notify the Securities Broker of any loss, theft, or unauthorized use of his/her password,
account number and Password/PIN. The Customer shall immediately notify any change in his/her email
or other address as mentioned in this Account Opening Form.
c) All risks connected and involved with Electronic/Online Trading will be assumed fully by the
Customer(s). Neither the Securities Broker nor any of its directors/officers would be responsible or liable
in any manner for any losses or damages that may be suffered by the Customer(s), including but not
limited, those due to the misuse of the Customer's Password or PIN hacking of lines outages and
slowdowns in the internet connection and piracy of the Customer(s) information and affairs by
unscrupulous persons.
d) The Securities Broker may at any time and from time to time require additional margin in the account
(in cash or securities acceptable to th e Securities Broker) before executing any orders or undertaking any
transaction executed through online trading facility. The amount and timing may vary depending on
factors solely at the Securities Broker's discretion. (The additional margin should be deposited through
online transfer / transfer cheque before execution of future order).The Securities Broker shall have the
right to liquidate the Customer(s) Trading position(s) if the Account Margin is insufficient at any time and
the conditions of the right to set off Clause below shall apply.
e) The Securities Broker may at any time and from time to time require additional margin in the
Customer's Account if and when the value of holding and cash available decline in value given as result of
decline in price of holding/scrip held.
f) The Securities Broker may at its discretion elect upon notice to square off the Customer() account and
make all obligations in the account immediately due and payable by the Customer(s) in case of default
on part of the Customer(s)without assigning any reason.