Risk Disclosure

This document is issued by the Upside Investech Networks Private Limited (“Company” or “Upcide.com” or “we” or “us” or “our”); a company bearing Corporate Identity Number (CIN) U70109MH2021PTC363951 incorporated under Indian Companies Act, 2013, having its registered address at Unit Number 12, Ram Janki, 356 Linking Road, Khar (W), Mumbai – 400052 and contains important information regarding risks on investment transactions. All are urged to read it before making a purchase or a sale or be involved in any transaction at Upcide.com. Any mention of “Client”,” Member”, "User", "You" and "Your", refers to you, the person who logs onto this website and is compliant with the Company’s terms and conditions.

 

This statement is an electronic record in terms of Information Technology Act, 2000 ("Act") and rules thereunder as applicable and the amended provisions pertaining to electronic records in various statutes as amended by the Information Technology (Amendment) Act, 2008. This statement is generated by a computer system and does not require any physical or digital signatures. This statement is published in accordance with the provisions of Rule 3 (1) of the Information Technology (Intermediaries Guidelines) Rules, 2011 that require publishing of the rules and regulations, privacy policy and terms and conditions for access and/or usage of www.upcide.com (“Website”)

 

We neither expressly nor impliedly guarantee nor make any representation concerning the completeness, the adequacy or accuracy of this disclosure document nor have we endorsed or passed any merits of participating on this website (www.upcide.com). This brief statement does not disclose all the risks and other significant aspects of investments. In light of the risks involved, you should undertake transactions only if you understand the nature of the contractual relationship into which you are entering and the extent of your exposure to risk.

 

You must know and appreciate that investment in real estate and/or other alternate assets, hereafter known as risk capital, is generally not an appropriate avenue for someone of limited resources/ limited investment and / or trading experience and low risk tolerance. You should therefore carefully consider whether such investment/trading is suitable for you in the light of your financial condition. In case you invest and suffer adverse consequences or loss, you shall be solely responsible for the same and Upcide.com and its affiliates and their respective officers, directors, employees, agents, affiliates, branches, subsidiaries, and licensors shall not be responsible, in any manner whatsoever, for the same and it will not be open for you to take a plea that no adequate disclosure regarding the risks involved was made or that you were not explained the full risk involved by the concerned member. You shall be solely responsible for the consequences and no contract can be rescinded on that account. You must acknowledge and accept that there can be no guarantee of profits or no exception from losses while executing orders for purchase and/or sale or investment in real estate and/or other alternate assets.

 

It must be clearly understood by you that your dealings on Upcide.com shall be subject to your fulfilling certain formalities set out by Upcide.com, which may inter-alia include your filling the ‘know your client (KYC)’ form, registration form, execution of an agreement, etc., and are subject to the Rules, Byelaws and Regulations of and Agreements with Upcide.com and amendments as may be issued by Upcide.com and be in force from time to time.

 

We do not provide or purport to provide any investment advice and shall not be liable to any person who enters into any business relationship with Upcide.com, based on any information contained on this website or shared electronically or physically by its members. Any information contained in this website or shared electronically or physically by its members must not be construed as business advice/investment advice. No consideration to invest/trade should be made without thoroughly understanding and reviewing the risks involved in such investing/trading. If you are unsure, you must seek professional advice on the same.

 

Acknowledgement: By entering into any Transaction on or via Upcide.com, you confirm that you have read and fully understood this Statement, the respective term sheets, Investment Memorandum and all annexures (including deal specific risks) pertaining to the Transaction, the nature of the Transaction and the terms and conditions governing the Transaction. You further acknowledge that:

·         You understand and are familiar with and are fully aware of the risks related to the Transaction/s you are entering into on Upcie.com

·         You are willing to take all such risks

·         You are capable of bearing a full loss of the amounts invested as a result of or in connection with any Transaction entered into with  Upcide.com and any additional loss over and above the initial amounts invested; and Neither Upcide.com, nor any of its officers, employees or agents have made any recommendation or given any advice as to the terms and profitability of the Transaction.

 

Accordingly, you agree that you are and shall at all times be fully responsible for any Transaction you choose to enter into on or via Upcide.com, and that you shall not have relied on any communication from Upcide.com or its members.