Disclaimer

The term Proactive Universal Group (“PUG” or “us” or “we”) refers to the owners, managers of the website www.pugindia.com whose registered office is at 803-804, Arunachal Building, 19- Barakhamba Road, New Delhi-110001.

The term “you” refers to the user or viewer of our website.

You agree that, PUG and its directors, officers, employees, agents, sponsors, consultants, business partners or other representatives ('service providers') shall not be responsible or liable for any direct, indirect, incidental, consequential, special, exemplary, punitive or any other damages (including without limitation loss of profits, loss or corruption of data, loss of goodwill, work stoppage, computer failure or malfunction, or interruption of business) under any contract, negligence, strict liability or other theory arising out of or relating in any way with the use of the site or in reliance of the information available on the site, site-related services, or any products or services offered or sold or displayed on the pugindia.com site.

No warranties

This Website is provided “as is” without any representations or warranties, express or implied. Proactive Universal Group and its group companies, director, employees, affiliates and associates, make no representations or warranties in relation to the Website or the information and materials provided on the Website.

Without prejudice to the generality of the foregoing paragraph, Proactive Universal Group and its group companies, directors, employees, affiliates and associates do not warrant that:

  • This Website will be constantly available, or available at all; or
  • The information on this Website is complete, true, accurate or non-misleading.

Other disclaimers

Without prejudice to the generality of the foregoing paragraph, Proactive Universal Group and its group companies, directors, employees, affiliates and associates state that:

  • 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. Changes in the rate of exchange may have an adverse effect on the value, price and income of investments in deposits other than your own. Past performance is not necessarily a guide to future performance. The services and investments referred to in our Site may have tax consequences and it is important to bear in mind that PUG does not provide tax advice. 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.
  • Orders, if accepted during off market hours will be sent to the exchange after the exchange opens on the next trading day. PUG does not take any responsibility for any delay in acceptance / execution or non-execution of the order by the Exchange.
  • The contents of this website is strictly confidential to the recipient, may not be downloaded to the press or other media, may not be reproduced in any form and may not be sent into the United States or given to any US person (within the meaning of regulations under the US Securities Act of 1933), including any branch or agency of a non-US constituted located in the United States. Failure to comply with this restriction may constitute a violation of the US securities laws. This material may not be sent into Canada or to any Canadian person. This material may not be sent into Japan. In Hong Kong, this material may not be distributed or passed to any person other than a person whose ordinary business it is to buy or sell shares or debentures, whether as principal or as agent. The distribution of this material in other jurisdictions may be restricted by law and persons into whose possession this material comes should inform themselves about, and observe any such restrictions.
  • PUG does not make any personal recommendations. The information on our Internet site is provided solely to enable investors to make their own investment decisions and does not constitute a recommendation to buy, sell or otherwise deal in investments. Our services and the securities we offer services on may not be suitable for all customers and, if you have any doubts, you should seek advice from an independent financial adviser.
  • The information analysis given in the research reports is purely an interpretation / view of the author and Proactive Universal Group and its group companies, directors, employees, affiliates and associates shall not be liable or responsible in any manner whatsoever for the trades executed by the customers on the basis of these reports
  • Any comparative indices that are made available on the Website are mere ndicators and are in no manner meant to reflect or influence the buying decision of the customers. Proactive Universal Group and its group companies, directors, employees, affiliates and associates do not in any manner whatsoever verify or vouch for the accuracy or authenticity of the results.
  • While doing fund transfer, the respective bank shall be responsible for transfer of funds during trading activities executed on the Website and Proactive Universal Group and its group companies, directors, employees, affiliates and associates shall not be responsible or liable in any manner whatsoever for the late payments or losses incurred on account of the same
  • Nothing on this website constitutes, or is meant to constitute, advice of any kind. If you require advice in relation to any investments, legal, financial, medical matters or any other matters, you should consult an appropriate professional.

Disclaimer for reports:

The documents/reports/research analysis available on the Website does not constitute an offer or solicitation for the purchase or sale of any Security / financial instrument or as an official confirmation of any transaction. Proactive Universal Group and its group companies, directors, employees, affiliates and associates shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. The documents/reports/research analyses are provided for assistance only and are not intended to be and must not alone be taken as the basis for any decision. The user assumes the entire risk of any use made of this information. This information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose. The distribution of this document in certain jurisdictions may be restricted by law, and persons in whose possession this document comes, should inform themselves about and observe, any such restrictions. The information given in this document is as of the date and time of the documents/reports/research analysis and there can be no assurance that future results or events will be consistent with this information. The information is subject to change without any prior notice. Proactive Universal Group and its group companies, directors, employees, affiliates and associates reserve the right to make modifications and alterations to this statement as may be required from time to time. However, Proactive Universal Group and its group companies, directors, employees, affiliates and associates are under no obligation to update or keep the information current. Neither PUG nor any of its affiliates, group companies, directors, employees, agents or representatives shall be liable for any damages whether direct, indirect, special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information. For data reference to any third party in this material no such party will assume any liability for the same. All layout, design, original artwork, concepts and other Intellectual Properties, remains the property and copyright of PUG and may not be used in any form or for any purpose whatsoever by any party without the express written permission of the copyright holders.

Limitations of liability

Proactive Universal Group and its group companies, directors, employees, affiliates and associates will not be liable to you (whether under the law of contact, the law of torts or otherwise under any other law) in relation to the contents of, or use of, or otherwise in connection with, this Website:

  • for any indirect, special or consequential loss; or
  • for any business losses, loss of revenue, income, profits or anticipated savings, loss of contracts or business relationships, loss of reputation or goodwill, or loss or corruption of information or data.

These limitations of liability apply even if Proactive Universal Group and its group companies, directors, employees, affiliates and associates have been expressly advised of the potential loss.

Reasonableness

By using this Website, you agree that the exclusions and limitations of liability set out in this website disclaimer are reasonable. If you do not think they are reasonable, you must not use this Website.

Other parties

You accept that, Proactive Universal Group has an interest in limiting the personal liability of its officers, employees, directors, affiliates and group companies. You agree that you will not bring any claim personally against Proactive Universal Group and its group companies, directors, employees, affiliates and associates in respect of any losses you suffer in connection with the website.

Without prejudice to the foregoing paragraph, you agree that the limitations of warranties and liability set out in this website disclaimer will protect Proactive Universal Group and its group companies, directors, employees, affiliates and associates and or the Proactive Universal Group.

Unenforceable provisions

If any provision of this Website disclaimer is, or is found to be, unenforceable under applicable law, that will not affect the enforceability of the other provisions of this Website disclaimer.

Jurisdiction

Your use of this website and any dispute arising out of such use of the website is subject to the laws of India. You hereby consent to the exclusive jurisdiction and venue of courts in New Delhi, India in all disputes arising out of or relating to the use of this Website. Use of this website is unauthorized in any jurisdiction that does not give effect to all provisions of these terms and conditions, including without limitation this paragraph.