This Services Agreement (this "Agreement") is made between:
Research Analyst: Stock Market Research and Services, having its registered office at Guna, Madhya Pradesh.
And
Client: Mr./Mrs./Miss , Residing at , having PAN Card , Aadhaar Number , Mobile No: , Email ID: .
Whereas Client is an active investor or trader in stock market & wishes to obtain financial consulting research. Resulting which Stock Market Research and Services is ready to serve its analytical platform solutions under the following terms and conditions.
1. Appointment of the Research Analyst
In accordance with the applicable laws, client hereby appoints, entirely at his / her / its risk, the Research Analyst to provide the required services in accordance with the terms and conditions of the agreement, as mandated under Regulation of the Securities and Exchange Board of India (Research Analysts) Regulations, 2014 (RA Regulations).
2. Consent of the client
a. I/We have read and understood the terms and conditions of services provided by the Research Analyst along with the fee structure and mechanism for charging and payment of fee.
b. Based on our written request to the Research Analyst, an opportunity was provided by the Research Analyst to ask questions and interact with the Research Analyst.
3. Declaration by Research Analyst
a. We shall neither render any investment research recommendation nor proceed further until the client has signed this agreement.
b. We shall not manage funds and securities on behalf of the client and shall only receive such sums of monies from the client as are necessary to discharge the client's liability towards fees.
c. We do not provide any Research recommendation with assured returns or target return or percentage accuracy or service provision till achievement of target returns. All trades are subject to market risks.
4. Scope of Services
The analysis, facts and figures of the research recommendations will be related to the listed securities that are listed in Nation Wide Stock, Commodities and Currency Exchange i.e. NSE. The Research Analyst shall always act in a fiduciary capacity towards the client.
5. Functions, Duties and Obligations of the Research Analyst
A. Research Analyst shall comply with Securities and Exchange Board of India (Research Analysts) Regulations, 2014 and its amendments, rules, circulars and notifications.
B. Research Analyst shall maintain and retain the self-eligibility criteria and qualification and certification of associates at all times.
C. Research Analyst shall provide research reports or research recommendations to clients on potential and current investments.
D. Research Analyst shall maintain records i.e. client-wise KYC, analysis reports, related books of accounts and a register containing list of clients in compliance with the Regulations.
6. Responsibilities of the Client
A. The Client agrees to provide information and supporting documents regarding "Know Your Client (KYC)" as requested by Research Analyst.
B. The Client is free to accept or reject any recommendations from Research Analysts, and the Client acknowledges that he/she has sole authority regarding the implementation of recommendations and execution of trade.
7. Dispute Resolution and Arbitration
In the event of any dispute, client shall first register his complaint with the Research Analyst. If unsatisfied, the client may escalate it to SEBI's SCORES platform (scores.sebi.gov.in) or access the Online Dispute Resolution (ODR) portal (smartodr.in). All disputes are subject to the exclusive jurisdiction of the Courts of Kanpur.
8. Declarations and Consents
Client hereby consents to the terms contained, agrees to the risk profile, acknowledges English proficiency (or verbal translations provided), and authorizes Stock Market Research & Services to act as their Research Analyst.
