TERMS OF USE

You are advised to read these conditions carefully before using the EOLAC website which will include web application and or mobile application and / or use of our services through any standard and legal electronic device and or gadget. By using the EOLAC website, you signify your agreement to be bound by these conditions.

In addition, when you use any current or future EOLAC service (“EOLAC Service”), you will also be subject to the terms, guidelines and conditions applicable to that EOLAC Service. (“Terms”). If these Terms of Use are inconsistent with such Terms, the Terms will control.

These “Terms of Use” constitute an electronic record within the meaning of the applicable law. This electronic record is generated by a computer system and does not require any physical or digital signatures.

1. Conditions Relating to Your Use of EOLAC

2. Notice and Procedure for Making Claims of Infringement

3. Notice and Procedure for Notifying EOLAC of Objectionable Content

Conditions Relating to Your Use of EOLAC

1. Your Account

If you use the website, you are responsible for maintaining the confidentiality of your account details such as login ID and password and for restricting access to your computer/electronic device to prevent unauthorized access to your account. You agree to accept responsibility for all activities that occur under your account or password. You should take all necessary steps to ensure that the password is kept confidential and secure and should inform us immediately if you have any reason to believe that your password has become known to anyone else, or if the password is being, or is likely to be, used in an unauthorized manner. Please ensure that the details you provide us with are correct and complete and inform us immediately of any changes to the information that you provided when registering. You can access and update much of the information you provided us with in the relevant sections of the web/mobile app. You agree and acknowledge that you will use your account on the web/mobile app for your personal use which may include your family members and / or family office and not for any business purposes. Should you use the account for any business purpose, EOLAC reserves the right to refuse access to the web/mobile app, terminate accounts, remove your account at any time without notice to you.

2. Privacy & Data Protection

Please review our Privacy & Data Protection Notice, which also governs your visit to EOLAC, to understand our practices. The personal information / data provided to us by you during the course of usage of EOLAC will be treated as strictly confidential and in accordance with the Privacy & Data Protection Notice and applicable laws and regulations.

3. E-Storage for Data

You agree, understand and acknowledge that the website is an online platform that enables you to record & view your financial portfolio data in the web/mobile app at the price on annual subscription basis. Neither EOLAC or any of its associates and / or its officers, directors, agents and employees are intending to provide any advisory related or unrelated to your portfolio in any way nor to sell any products/services through this website. The web/mobile app works mainly on algorithm based artificial intelligence without any human interference to show analytical data related to what you store.

4. Access to EOLAC

The technologies used by us in the website are latest and among the best which we will keep on upgrading from time to time. We stand by our commitment and will do our utmost to ensure that availability of the website will be uninterrupted and that transmissions will be error-free. However, due to the nature of the Internet, this cannot be guaranteed. Also, your access to the website may also be occasionally suspended or restricted to allow for repairs, maintenance, or the introduction of new facilities or services at any time without prior notice. We will attempt to limit the frequency and duration of any such suspension or restriction. However, your data will remain protected in the cloud server for which only you will be having the access to, view, modify and delete.

5. License for website access

Subject to your compliance with these Terms of Use and payment of applicable fees, if any, EOLAC India Private Limited grants you a limited license to access and make personal use of this website, but not to download (other than page caching) or modify it, or any portion of it, except with express written consent of EOLAC India Private Limited and / or its affiliates, as may be applicable. This license does not include any resale or commercial use of this website or its contents; any collection and use of any product listings, descriptions, or prices; any derivative use of this website or its contents; any downloading or copying of account information for the benefit of another seller; or any use of data mining, robots, or similar data gathering and extraction tools.

This website or any portion of this website (including but not limited to any copyrighted material, trademarks, or other proprietary information) may not be reproduced, duplicated, copied, sold, resold, visited, distributed or otherwise exploited for any commercial purpose without express written consent of EOLAC India Private Limited and / or its affiliates, as may be applicable.

You may not frame or use framing techniques to enclose any trademark, logo, or other proprietary information (including images, text, page layout, designs or form) of EOLAC and its affiliates without express written consent. You may not use any meta tags or any other “hidden text” utilizing EOLAC India Private Limited’s or its affiliates’ names or trademarks without the express written consent of EOLAC India Private Limited and / or its affiliates, as applicable. Any unauthorized use terminates the permission or license granted by EOLAC India Private Limited and / or its affiliates, as applicable.

You are granted a limited, revocable, and non-exclusive right to create a hyperlink to the Welcome page of EOLAC as long as the link does not portray EOLAC India Private Limited, EOLAC, their affiliates, or their services in a false, misleading, derogatory, or otherwise offensive matter. You may not use any EOLAC logo or other proprietary graphic or trademark as part of the link without express written consent of EOLAC India Private Limited and / or its affiliates, as may be applicable.

6. Your Conduct

You must not use the website in any way that causes, or is likely to cause, the website or access to it to be interrupted, damaged or impaired in any way You understand that you, and not EOLAC, are responsible for all electronic communications and content sent from your computer to us and you must use the website for lawful purposes only. You must not use the website for any of the following:

6.1. for fraudulent purpose/intent, or in connection with a criminal offence or other unlawful activity

6.2. to send, use or reuse any material that does not belong to you; or is illegal, offensive (including but not limited to material that is sexually explicit content or which promotes racism, bigotry, hatred or physical harm), deceptive, misleading, abusive, indecent, harassing, blasphemous, defamatory, libelous, obscene, pornographic, pedophilic or menacing; ethnically objectionable, disparaging or in breach of copyright, trademark, confidentiality, privacy or any other proprietary information or right; or is otherwise injurious to third parties; or relates to or promotes money laundering or gambling; or is harmful to minors in any way; or impersonates another person; or threatens the unity, integrity, security or sovereignty of India or friendly relations with foreign States; or objectionable or otherwise unlawful in any manner whatsoever; or which consists of or contains software viruses, political campaigning, commercial solicitation, chain letters, mass mailings or any “spam”

6.3. to cause annoyance, inconvenience, or needless anxiety

7. Reviews, comments, communications, and other content

Users of this website may post reviews, comments and other content; send communications; and submit suggestions, ideas, comments, questions, or other information, as long as the content is not illegal, obscene, abusive, threatening, defamatory, invasive of privacy, infringing of intellectual property rights, or otherwise injurious to third parties, or objectionable and does not consist of or contain software viruses, political campaigning, commercial solicitation, chain letters, mass mailings, or any form of “spam.” In the event a user uses a false e-mail address, impersonates any person or entity, or otherwise misleads as to the origin of any content. EOLAC reserves the right (but not the obligation) to remove, refuse, delete or edit any content that in the sole judgement of EOLAC violates these Conditions of use and, or terminate your permission to access or use this website.

You agree that the rights you grant above are irrevocable during the entire period of protection of your intellectual property rights associated with such content and material. You agree to waive your right to be identified as the author of such content and your right to object to derogatory treatment of such content. You agree to perform all further acts necessary to perfect any of the above rights granted by you to EOLAC India Private Limited, including the execution of deeds and documents, at its request.

You represent and warrant that you own or otherwise control all of the rights to the content that you post or that you otherwise provide on or through the website; that, as at the date that the content or material is submitted to EOLAC: (i) the content and material is accurate; (ii) use of the content and material you supply does not breach any applicable EOLAC policies or guidelines and will not cause injury to any person or entity (including that the content or material is not defamatory); (iii) the content is lawful. You agree to indemnify EOLAC India Private Limited and its affiliates for all claims brought by a third party against it or its affiliates arising out of or in connection with a breach of any of these warranties.

8. Objectionable Content

EOLAC lists comments of the website, and it is not possible for us to be aware of the contents of each review that is displayed. Accordingly, EOLAC operates on a “notice and takedown” basis. If you believe that any content on the website is illegal, offensive (including but not limited to material that is sexually explicit content or which promotes racism, bigotry, hatred or physical harm), deceptive, misleading, abusive, indecent, harassing, blasphemous, defamatory, libelous, obscene, pornographic, pedophilic or menacing; ethnically objectionable, disparaging; or is otherwise injurious to third parties; or relates to or promotes money laundering or gambling; or is harmful to minors in any way; or impersonates another person; or threatens the unity, integrity, security or sovereignty of India or friendly relations with foreign States; or objectionable or otherwise unlawful in any manner whatsoever; or which consists of or contains software viruses, (” Objectionable Content “), please notify us immediately by following our Notice and Procedure for Making Claims of Right Infringements. Once this procedure has been followed, EOLAC will make all reasonable endeavours to remove such Objectionable Content complained about within a reasonable time.

9. Copyright, authors’ rights, and database rights

The contents included on the website, such as text, graphics & infographics, designs, logos, button icons, images, audio clips, digital downloads, data compilations, and software, are the property of EOLAC India Private Limited and its subsidiaries or its content suppliers and is protected by India and international copyright, authors’ rights, and database right laws. The compilation of all content on this website is the exclusive property of EOLAC India Private Limited and its affiliates and is protected by laws of India and international copyright and database right laws. Software used on this website is the property of EOLAC India Private Limited, its affiliates or its software suppliers and is protected by India and international copyright and author’ rights laws.

You may not systematically extract/ or re-utilize parts of the contents of the website without EOLAC India Private Limited and / or its affiliate’s (as may be applicable) express written consent. In particular, you may not utilize any data mining, robots, or similar data gathering and extraction tools to extract (whether once or many times) for re-utilization of any substantial parts of this website, without EOLAC India Private Limited and / or its affiliate’s (as may be applicable) express written consent. You may also not create and/ or publish your own database that features substantial parts of this website without EOLAC India Private Limited and / or its affiliate’s (as may be applicable) express written consent.

10. Intellectual Property Claims

EOLAC India Private Limited and its affiliates respect the intellectual property of others. If you believe that your intellectual property rights have been used in a way that gives rise to concerns of infringement, please follow our Notice and Procedure for Making Claims of Right Infringements.

11. Trademarks

EOLAC, EOLAC, THE EOLAC LOGO indicated on our website are trademarks or registered trademarks and are direct and assigned properties of EOLAC India Private Limited or its subsidiaries (collectively “EOLAC”). EOLAC’s trademarks and trade dress may not be used in connection with any product or service that is not EOLAC’s, in any manner that is likely to cause confusion among customers, or in any manner that disparages or discredits EOLAC. All other trademarks not owned by EOLAC that appear on this website are the property of their respective owners, who may or may not be affiliated with, connected to, or sponsored by EOLAC.

12. Trademark & Copyrights

“EOLAC” is a trademark for exclusive use of EOLAC India Private Limited and its subsidiaries. Wordmarks, designs used in EOLAC are exclusively created for this software and should not be reproduced in any form. Reproduction of such material may lead to legal proceeding under the respective Acts.

13. Disclaimer

You do acknowledge and undertake that you are accessing the services on the website and transacting at your own risk and are using your best and prudent judgment before entering into any transactions through the website. You further acknowledge and undertake that you will use the website for personal use only which can include your family members and family office and not for business purposes. We shall not be liable for any consequential liability whatsoever on account of using the services through the website.

EOLAC reserves the right to increase or decrease its subscription pricing for any future renewal period and you do agree that any taxes and levies will be applicable and subjected to changes as per Government regulations and guidelines.

The portfolio being uploaded on the site are your own assets and liabilities which you maintain with respective companies and / or third-party organizations in which EOLAC is not a party. We further expressly disclaim any warranties or representations (express or implied) in respect of quality, suitability, accuracy, reliability, completeness, timeliness, performance, safety, merchantability, fitness for a particular purpose, or legality of the products listed or displayed or transacted in your portfolio. While we have taken precautions to avoid inaccuracies in content, this website, all content, information, software, products, services and related graphics are provided as is, without warranty of any kind. We do not implicitly or explicitly support or endorse the sale or purchase of any products on the website.

14. Indemnity and Release

You shall indemnify and hold harmless EOLAC India Private Limited, its subsidiaries, affiliates and their respective officers, directors, agents and employees, from any claim or demand, or actions including reasonable attorney’s fees, made by any third party or penalty imposed due to or arising out of your breach of these Conditions of Use or any document incorporated by reference, or your violation of any law, rules, regulations or the rights of a third party.

You hereby expressly release EOLAC India Private Limited and/or its affiliates and/or any of its officers and representatives from any cost, damage, liability or other consequence of any of the actions/inactions of the vendors and specifically waiver any claims or demands that you may have in this behalf under any statute, contract or otherwise.

15. Other Businesses

Parties other than EOLAC India Private Limited and its affiliates may operate stores, provide services, or sell product lines on Eolac.com. For example, businesses and individuals offer products via Marketplace. In addition, we provide links to the websites of affiliated companies and certain other businesses. We are not responsible for examining or evaluating, and we do not warrant or endorse the offerings of any of these businesses or individuals, or the content of their websites. EOLAC India Private Limited does not assume any responsibility or liability for the actions, products, and content of any of these and any other third-parties. You can tell when a third-party is involved in your transactions, and we may share customer information related to those transactions with that third-party. You should carefully review their privacy statements and other conditions of use.

16. Company Details

This website is operated by EOLAC India Private Limited having its registered office at 448 JMD Megapolis Sohna Road Sector 48 Gurugram Haryana India 122018
 

For the company website or about web and mobile app, you could contact us by visiting: https://Eolac.com

17. EOLAC Software Terms

In addition to these Conditions of Use, the terms found here apply to any software (including any updates or upgrades to the software and any related documentation) that we make available to you from time to time for your use in connection with EOLAC Services (the “EOLAC Software”).

Notice and Procedure for Notifying Eolac.com of Objectionable Content

If you believe that any content on, or advertised for sale on, the website contains any Objectionable Content as defined under Section 8 above, please notify us immediately by copying the Notice to Eolac.com of Objectionable Content below into your word processor program, complete it in accordance with the instructions set out in the Notice and send a signed copy via E-mail PDF or Fax to the Grievance Officer:

Eolac.com Software Terms

1. Use of the EOLAC Software

You may use EOLAC Software solely for purposes of enabling you to use and enjoy the EOLAC Services as provided by EOLAC, and as permitted by the these EOLAC Software Terms and any other Terms. You may not incorporate any portion of the EOLAC Software into your own programs or compile any portion of it in combination with your own programs, transfer it for use with another service, or sell, rent, lease, lend, loan, distribute or sub-license the EOLAC Software or otherwise assign any rights to the EOLAC Software in whole or in part. You may not use the EOLAC Software for any illegal purpose. We may cease providing any EOLAC Software and we may terminate your right to use any EOLAC Software at any time, if there is breach of Terms of Use. Your rights to use the EOLAC Software will automatically terminate without notice from us if you fail to comply with any of these EOLAC Software Terms of Use or any other Terms. Additional third-party terms contained within or distributed with certain EOLAC Software that are specifically identified in related documentation may apply to that EOLAC Software (or software incorporated with the EOLAC Software) and will govern the use of such software in the event of a conflict with these Terms of Use. All software used in any EOLAC Service is the property of EOLAC and/or its affiliates or its software suppliers and protected by laws of India including but not limited to any other applicable copyright laws.

2. Use of Third-Party Services

When you use the EOLAC Software, you may also be using the services of one or more third parties, such as a wireless carrier or a mobile platform provider. Your use of these third-party services may be subject to the separate policies, terms of use, and fees of these third parties.

3. Preventing Reverse Engineering

You may not, and you will not encourage, assist or authorize any other person to copy, modify, reverse engineer, decompile or disassemble, or otherwise tamper with, the EOLAC Software, whether in whole or in part, or create any derivative works from or of the EOLAC Software.

Updates

In order to keep the Eolac.com software up-to-date, we may offer automatic or manual updates at any time and without notice to you.

1. Conditions Relating to the Sale of Services to You

This section deals with conditions relating to the sale of services on the website by us to you.

2. Our Contract

Our contract is for the segment wise storage space you are using to upload your data and managing the same within our server by login in with the help of your credentials for which you have the sole authority. Our application runs on in-built artificial intelligence to help you in managing your investments and liabilities based on the uploaded details in our server. This subscription is for specific period and can be renewed manually or automatically as per your choice. You understand that availing of services through our website / app requires suitable internet connection in your device which is to be availed from telecom companies separately on your own. The performance of our website / app depends on the speed of such internet connectivity.

You confirm that you are using our services at your own will and interest based on the benefits you expect to derive from the same. This is for your internal / personal purpose and not for re-sale purpose.

3. Refund Policy

Refund will be processed and credited to your account within 7 (seven) working days upon cancellation of the subscription within 60 days trial period either through the App or by sending email from your registered email id to admin@eolac.com. Full amount debited to your account will be refunded to the same account upon such cancellation. Once the trial period is over, any subscription fee paid is non-refundable. You may also cancel your subscription at any time post free trial period. The cancellation will be effective from the next subscription renewal date. We have taken upmost care in building the services platform “Eolac.com” and are committed to bring the best user experience at all times.

4. Subscription & Pricing

Our services are subscription based. The subscription categories are stated for your understanding. General subscription period is 12 months from the date you sign-up and make payment for the services. We do run offers allowing you to use the services free of cost for specific period before committing and paying for a specific subscription plan. Your subscription period will commence once the free subscription period is over. In case you don’t choose to opt for subscription plan, you can still keep the registration intact along with your data in our storage for future reference and decide to opt for subscription plan at a later date. We list information for services available along with list for value added services available by paying some extra charges. Beyond what we say on that page or otherwise on the website / app, we cannot be more specific about the services.

All prices are inclusive of Goods and Services Tax (“GST”), as applicable – unless stated otherwise.

5. Taxes

You shall be responsible for payment of all fees/costs/charges associated with the purchase of services from us and you agree to bear any and all applicable taxes including but not limited to GST, duties and cesses etc as per applicability.

6. Mental Health Conditions

You acknowledge that you are in healthy state of mind having normal mental health conditions for entering into any contract and have read and understood the Terms of Use before accepting the same.

7. Children

Use of Eolac.com is available only to persons who can form a legally binding contract under the Indian Contract Act, 1872. If you are a minor under the age of 18 years, you cannot use our services till you attend the required age.

8. Mode of Communications

You are communicating with Eolac.com electronically. You will be required to provide a valid phone number and email id for registration. We may communicate with you by e-mail, SMS, phone call or by posting notices on the website or by any other mode of communication. For contractual purposes, you consent to receive communications including SMS, e-mails or phone calls from us with respect to the services availed / to be availed from us.

9. Claim for Losses

We will not be responsible for any business/financial loss direct or indirect (including loss of profits, revenue, contracts, anticipated savings, data, goodwill or wasted expenditure) or any other indirect or consequential loss whether or not that is not reasonably foreseeable to both you and us when a contract for the sale of services by us to you was formed.

10. Right to Alteration or Amendments to the Conditions

We, at all times reserve the right to make changes to our policies, and these Conditions of Sale of Services without any prior intimation. You will be subject to the policies and Conditions of Sale of Services in force at the time you have become a subscriber for our product, unless any change to those policies or these conditions is required to be made by law or government authority (in which case it will apply to terms of use previously accepted by you). If any of these conditions is deemed invalid, void, or for any reason unenforceable, that condition will be deemed severable and will not affect the validity and enforceability of any remaining condition.

11. Events beyond our reasonable control

We will not be held responsible for any delay or failure to comply with our obligations under these conditions if the delay or failure arises from any cause which is beyond our reasonable control. This condition does not affect your statutory rights.

12. Waiver & Applicability

These Terms of Use and any policies or operating rules posted by us on the site or in respect to the site, constitute the entire agreement and understanding between you and us. If you breach these conditions and we take no action, we will still be entitled to use our rights and remedies in any other situation where you breach these conditions. We may assign any or all of our rights and obligations to others at any time. We shall not be responsible or liable for any loss, damage, delay, or failure to act caused by any cause beyond our reasonable control. If any provision or part of a provision of these Terms of Use is determined to be unlawful, void, or unenforceable, that provision or part of the provision is deemed severable from these Terms of Use and does not affect the validity and enforceability of any remaining provisions.

13. Governing Law and Jurisdiction

These conditions are governed by and construed in accordance with the laws of India as the services provided by the Company are meant for Indian citizens only. You agree, as we do, to submit to the exclusive jurisdiction of the courts at Gurugram Haryana, India.

In order to have fast resolution in case of any complaint regarding the site or for any of your queries regarding the use of the site please contact us in our email : admin@eolac.com.

Subscription: Terms & Conditions (Play Store & Web App)

Subscription to the services of EOLAC India Private Limited (EOLAC) are governed by the following terms and conditions. EOLAC is committed to provide its services for the specified period of agreement without any deviation / alternation subject to legal and regulatory guidelines of government authorities. However, the terms may be altered / amended at the sole discretion of EOLAC anytime after the agreement period which will be effective for any renewed period of service. You are advised to read the wordings carefully for your own understanding and may seek expert advice wherever necessary.

1. EOLAC offers different types of subscription plans for access to its digital applications through mobile devices and computer / laptops.

2. EOLAC reserves the right to alter / amend the features, contents and types of services that it makes available for different subscription plans at any time, including without limitation to registered users. However, services already paid for will continue to be availed with the agreed features and contents during the subscription period.

3. By registering on the application / site you can become a registered user.

4. As a registered user you will be entitled to use the digital application free of cost for a period of 60 days from the date of registration.

5. You have to provide complete and accurate payment details at the time of subscribing to a plan option which will enable us to debit the subscription fees upon registration to avail the 60 days trial offer and to keep continuity of your profile for a period of 1 year once the trial period is complete.

6. By submitting payment details, you confirm that you are authorizing us to use those payment details for this purpose.

7. The subscription amount will be debited from your account immediately before start of the trial period. Such amount will include taxes as applicable by the government.

8. You will have the option and may choose to cancel the subscription within the trial period of 60 days either through the App or by sending email from your registered email id to cancel@Eolac.com. Your refund will be processed to extent of the actual debit amount at the time of registration and will be credited to your same account within 7 working days’ time.

9. The subscription period will be for a period of 1 year post the 60 days trial period

10. The subscription being non-transferable, cannot be transferred to any other member or to any third party.

11. The subscription will be auto renewed at the end of the subscription period at the then prevailing renewal subscription amount.

12. You will have the option to port into a higher subscription plan by choosing the appropriate subscription plan option and payment of subscription amount.

13. You may also cancel your subscription at any time post free trial period.

14. The cancellation will be effective from the next subscription renewal date.

15. Subscription once paid is non-refundable.

16. The above terms & conditions has to be read in conjunction with the Privacy Policy & Terms of Use.