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Terms and Conditions

Acceptance of Terms:

By accessing and using the services provided by Mohan Chugh Securities Pvt. Ltd. (hereinafter referred to as "the Company"), clients agree to comply with and be bound by these Terms and Conditions. If clients do not agree to these terms, they should not use the services offered by the Company.

Definitions:

Client: An individual or entity that opens an account with Mohan Chugh Securities Pvt. Ltd. to avail financial services.

Services: Refers to all financial services provided by the Company, including brokerage for equity trading, mutual fund investments, investment advisory, and related activities.

Regulations: Any applicable laws, rules, and regulations set forth by regulatory bodies governing the financial services industry.

Services Offered:

The Company provides a range of financial services, including but not limited to:

Equity Trading Services: Execution of buy/sell orders for stocks listed on recognized stock exchanges.

Mutual Fund Services: Facilitation of investments in various mutual funds, including equity, debt, hybrid, and multi-asset funds.

Investment Advisory: Providing clients with research and advice on investment strategies tailored to their financial goals.

Portfolio Management: Assisting clients in managing their investment portfolios to achieve desired financial outcomes.

Client Eligibility:

Clients must meet the following eligibility criteria:

  • Be of legal age (18 years or older).
  • Possess the capacity to enter into a binding contract.
  • Provide accurate and complete information during the account opening process.

Account Opening:

To avail of the services, clients must complete the account opening process, which includes:

  • Filling out the application form with accurate personal and financial details.
  • Providing necessary documentation, including proof of identity, address proof, and financial status
  • Agreeing to the terms and conditions outlined herein.

Trading and Investment Risks:

Clients acknowledge that trading in equities and mutual funds involves significant risks, including:

  • Market risk, leading to fluctuations in the value of investments.
  • Liquidity risk, where the ability to sell a security may be limited.
  • Risk of loss of principal, which may occur due to market downturns.

Clients are advised to conduct thorough research and consider their risk tolerance before investing. The Company does not guarantee profits, and past performance is not indicative of future results.

Fees and Charges:

Clients will be subject to various fees, commissions, and charges, including but not limited to:

Brokerage Fees: Charged on each executed trade, as specified in the service agreement.

Management Fees: Applicable for mutual fund investments, based on the fund's terms.

Transaction Fees: Any additional charges levied by exchanges or regulatory bodies.

Clients will be informed of all applicable fees before executing transactions, and the Company reserves the right to amend these fees with prior notice.

Execution of Orders:

All trade orders will be executed based on market conditions and available liquidity. The Company aims to provide timely execution; however, it does not guarantee order execution at specific prices. The Company reserves the right to refuse or cancel orders at its discretion, particularly in volatile market conditions or in cases of suspicious trading activity.

Transaction Records:

Clients will receive electronic confirmations for all executed transactions. It is the client’s responsibility to review these confirmations for accuracy. Any discrepancies must be reported to the Company within 24 hours of receipt.

Margin Trading:

If margin trading is offered, clients must meet the margin requirements established by the Company and applicable regulatory authorities. Clients are responsible for maintaining sufficient margin levels to support their trades. The Company reserves the right to liquidate positions if margin requirements are not met.

Custody of Shares and Safety:

All shares purchased under delivery trading will be held in a demat account as per the guidelines of the depository. The Company will ensure the security of clients’ investments and follow all regulatory guidelines for custodial services. Clients will have access to their holdings through a secure platform.

Confidentiality:

Mohan Chugh Securities is committed to protecting the confidentiality of client information. The Company will not disclose clients' personal or financial information to third parties without their consent, except as required by law or regulatory authorities. The Company employs measures to ensure data security and privacy.

Amendments to Terms:

The Company reserves the right to amend these Terms and Conditions at any time. Clients will be notified of significant changes, and continued use of services after such amendments constitutes acceptance of the revised terms.

Dispute Resolution:

Any disputes arising from these terms or services will be resolved through arbitration in accordance with applicable laws. The place of arbitration will be as specified by Mohan Chugh Securities, and the decision of the arbitrator will be final and binding on both parties.

Governing Law:

These Terms and Conditions will be governed by and construed in accordance with the laws of Delhi, India. Clients agree to submit to the exclusive jurisdiction of the courts in Delhi, India for the resolution of any disputes.

Limitation of Liability:

Mohan Chugh Securities shall not be liable for any direct, indirect, incidental, or consequential damages arising out of or in connection with the use of its services, including but not limited to loss of profits, loss of data, or business interruption, even if advised of the possibility of such damages.

Force Majeure:

The Company shall not be liable for any failure to perform its obligations under these Terms and Conditions if such failure results from circumstances beyond its reasonable control, including but not limited to acts of God, war, terrorism, natural disasters, or changes in government regulations.

Termination:

Clients may terminate their relationship with the Company by providing written notice. The Company reserves the right to terminate any account or service without notice if it deems necessary, particularly in cases of violation of these terms or any applicable laws.

Entire Agreement:

These Terms and Conditions, along with the service agreement, constitute the entire agreement between the client and Mohan Chugh Securities regarding the subject matter herein and supersede all prior discussions or agreements.

Contact Information:

For any inquiries or clarifications regarding these Terms and Conditions or the services offered, clients may contact Mohan Chugh Securities Pvt. Ltd. at:

  • Phone: 9811113362 / 9899445400
  • Email: mohanchugsecurities@gmail.com 
  • Address: 203, Aggarwal Chamber, Plot No:6, CD Block Pitampura, New Delhi-110034