Disclaimers

This App/Platform info@icreditspace.com is a web portal owned by AI Growth Private Limited (CIN: U74999KA2022PTC168511), with a corporate identification number (CIN) U72900KA2021PTC153540, and having its registered office at 1803, 2nd Floor, Near Hanuman Temple Heelalige Chandapura, Anekal Taluk Bangalore Bangalore Rural KA 560099 IN  (hereinafter referred to as “Finzace Wealth Solutions Private Limited” which includes the person(s)/entity(ies) associated/connected with it) to provide technology solutions for financial products and alternate investment opportunities.

Finzace Wealth Solutions Private Limited expressly makes the following disclaimers:

  1. the App/Platform is merely an intermediary or facilitator or marketplace and Finzace Wealth Solutions Private Limited in no manner is engaged in either grant of loan or borrowing/fund raising from any participants on the App/Platform.
  2. the App/Platform and/or Finzace Wealth Solutions Private Limited is neither an Online Bond Platform and does not intend to get recognised as an Online Bond Platform under the relevant SEBI Regulation on said matter. The securities/investment opportunities offered to participants on the App/Platform are not traded on any Online Bond Platform recognised by SEBI.
  3. the App/Platform and/or Finzace Wealth Solutions Private Limited is neither a stock exchange and does nor intend to get recognised as a stock exchange under the Securities Contract (Regulation) Act, 1956 by the Securities Exchange Board of India (“SEBI”) nor authorized by the SEBI to solicit investments. The securities/investment opportunities offered to participants on the App/Platform are not traded on any stock exchange recognised by SEBI.
  4. Any blog, content including FAQs available on the App/Platform is merely for educational purposes and to disseminate general information about the product(s)/service(s) offered through the App/Platform. Nothing contained in the blog(s), content(s) including FAQs available on the App/Platform to be construed as legal opinion or investment advice. Neither the Finzace Wealth Solutions Private Limited nor the entity(ies), person(s) associated to it make any representations, warranties, or guaranties whatsoever as to the blog(s), content(s) including FAQs available on App/Platform wholly or in part, including that of the accuracy or completeness of the information provided therein. In no event shall the Finzace Wealth Solutions Private Limited and/ or its associated entity(ies), person(s) be liable for any direct, indirect, punitive, incidental, special or consequential damages which may arise as a result of a person acting upon or using the statements, informations, ideas, opinions made in the blogs and contents including FAQs available on the App/Platform.
  5. All the transactions facilitated on the App/Platform are in compliance of applicable laws including:
    • Companies Act, 2013 and Rules framed thereunder, particularly Section 42 thereof;
    • Foreign Exchange Management Act, 199 and Rules, Regulations, Directions, Circulars framed/issued thereunder;
    • Reserve Bank of India Act, 1934 and Directions, Circulars framed/issued thereunder;
    • Securities Contract (Regulation) Act, 1956 and Rules, Regulations framed/issued thereunder; and
    • Security Exchange Board of India, 1992 and Rules, Regulations, Directions etc. framed thereunder.
  6. AI Growth Private Limited (CIN: U74999KA2022PTC168511), Texterity Private Limited (CIN: U72900KA2021PTC153540), or any of their subsidiary or affiliate may or may not have any interest in opportunities listed on the App/Platform.
  7. Finzace Wealth Solutions Private Limited shall not at all be responsible for any claim or damage in case either the person who has agreed to participate in opportunities listed on App/Platform has not finally found place in opportunity.
  8. Finzace Wealth Solutions Private Limited shall not provide nor arrange any credit enhancement or credit guarantee.
  9. Though Finzace Wealth Solutions Private Limited endeavors to undertake the due diligence of the registered users on the App/Platform, however, Finzace Wealth Solutions Private Limited in no manner warrants and guarantees that all the information participants have provided on this App/Platform is true and correct.
  10. All the details of participants on this App/Platform and their financial status, included in or available through this site are provided for use without warranties of any kind, either express or implied. Finzace Wealth Solutions Private Limited, its shareholders, its subsidiaries, and persons associated with it do not warrant that the information or other material which is placed on the App/Platform is correct including their financial status or capability or has not approached the other participants of this App/Platform with a criminal intent to either cheat or misappropriate or deny any other participants of its legitimate claims.
  11. Under no circumstances shall, Finzace Wealth Solutions Private Limited, its directors, employees, officers, shareholders, subsidiaries, affiliates, agents, business partners including third-party distributors involved in creating, producing, transmitting or distributing products or services on the App/Platform, facilitating participants to participate in opportunities listed on App/Platform, be liable for any direct, indirect, punitive, incidental, special, or consequential damages that result from either misrepresentation, fraud, coercion, breach of trust, misappropriation, cheating or for any other such reason of its end users or of third parties including but not limited to loss of profits and loss of goodwill or loss of interest.
  12. This document and disclaimers contained herein are based on the applicable laws as of the date of upload of this document. Any change in law may have an impact on the same.