Terms of Service

1. Acceptance of terms

These Terms of Service (the Terms) govern your access to and use of the David Holdings website and, where applicable, the services we provide. By accessing this website or engaging the firm, you confirm that you have read, understood and agree to be bound by these Terms.

If you do not agree with any part of these Terms, you should not use this website or our services. Where you enter into a separate engagement letter, account-opening form or scheme-related document with the firm, the terms of that document apply in addition to, and where there is conflict prevail over, these Terms.

2. About David Holdings

David Holdings Pvt. Ltd. is a company incorporated under the Companies Act 2013, with its registered office at 1st Floor, Old No.19, New No.35, K P Towers, Mount Road, Saidapet, Chennai 600 015, Tamil Nadu, India.

The firm is registered with the Securities and Exchange Board of India and is a member of the recognised stock exchanges and depositories applicable to its activities. References in these Terms to we, us, our or the firm are references to David Holdings Pvt. Ltd. and, where the context requires, its authorised representatives.

3. Eligibility

To open an account or engage our services, you must:

• Be at least eighteen years of age and competent to contract under the Indian Contract Act 1872.
• Provide accurate and complete information and the documents required for verification.
• Not be a person barred from dealing in securities by SEBI, any exchange or any other authority.
• Comply with any restrictions applicable to non-resident or foreign investors, where relevant.

We reserve the right to decline to open an account or to provide services to any person, at our discretion and in accordance with applicable law.

4. Scope of services & no-advice disclaimer

The services provided by the firm are described in the relevant engagement documents and may include wealth management, broking, portfolio management, advisory and related services. The exact scope of any engagement is set out in the agreement you sign with us.

The content of this website is provided for general information only. Nothing on this website constitutes investment, legal, tax or other professional advice, or a recommendation, offer or solicitation to buy or sell any security or to enter into any transaction. You should not rely on the website as the basis for any investment decision and should seek advice appropriate to your circumstances.

Any market data, illustrations or figures shown on this website are indicative, may be delayed or simulated, and should not be relied upon for trading purposes.

5. Account opening & KYC

Before we can act for you, you must complete our account-opening process and satisfy the Know Your Customer (KYC) and anti-money-laundering requirements imposed by SEBI and other authorities. This includes providing identity, address and financial information and supporting documents.

You agree that the information you provide is true, accurate and complete, and that you will inform us promptly of any change. We may suspend or terminate your account where information is found to be false or where verification cannot be completed to our satisfaction or that of our regulators.

6. Client obligations

When using our website and services, you agree to:

• Keep your portal credentials confidential and not share them with any other person.
• Use the website and services only for lawful purposes and in accordance with these Terms.
• Provide funds and securities in good title and free of any encumbrance.
• Refrain from any conduct that constitutes market abuse, manipulation or insider dealing.
• Not attempt to gain unauthorised access to, disrupt or interfere with our systems.

You are responsible for the instructions placed through your account and for transactions executed on them, except to the extent caused by our gross negligence or wilful default.

7. Fees & charges

Fees, brokerage, management charges and other costs applicable to your engagement are set out in the relevant agreement, fee schedule or scheme-related document, and are payable in Indian Rupees (INR) unless agreed otherwise.

Statutory levies, including Goods and Services Tax, securities transaction tax, stamp duty, exchange and depository charges and SEBI turnover fees, are payable in addition and at the applicable rates. We will give reasonable notice of any change to our own fees, and continued use of the relevant service after the change takes effect constitutes acceptance of the revised fees.

8. Intellectual property

All content on this website, including text, graphics, logos, the firm's name and marks, layouts, software and the Sovereign Terminal interface, is the property of David Holdings or its licensors and is protected by applicable intellectual property law.

You may view and print pages for your own personal, non-commercial reference. You may not copy, reproduce, republish, distribute, modify or create derivative works from any part of this website without our prior written consent.

9. Third-party links & content

This website may contain links to third-party websites or include content provided by third parties. Such links and content are provided for convenience only.

We do not control, endorse or accept responsibility for the content, products, services or privacy practices of any third-party website. Your use of any third-party website is at your own risk and subject to the terms and policies of that website.

10. Limitation of liability

To the maximum extent permitted by law, and without limiting any rights you have under SEBI regulations or other mandatory law, the firm shall not be liable for:

• Any indirect, incidental, special or consequential loss, or loss of profit, goodwill or opportunity.
• Losses arising from market movements, the performance of any investment, or decisions taken on the basis of website content.
• Interruptions, delays or errors caused by events beyond our reasonable control, including market, network or exchange failures.

Nothing in these Terms excludes or limits any liability that cannot lawfully be excluded or limited, including liability for fraud or for gross negligence or wilful default on the part of the firm.

11. Indemnity

You agree to indemnify and hold harmless the firm, its directors, partners, officers and employees from and against any claim, loss, liability, cost or expense arising out of your breach of these Terms, your violation of any law or regulation, or your misuse of the website or services.

This indemnity does not apply to the extent that the loss or liability is caused by the gross negligence or wilful default of the firm.

12. Governing law & jurisdiction

These Terms and any matter arising out of or in connection with them are governed by and construed in accordance with the laws of India.

Subject to the dispute resolution provisions below, the courts at Chennai, Tamil Nadu, India shall have exclusive jurisdiction over any dispute arising out of or in connection with these Terms or your use of the website and services.

13. Dispute resolution & arbitration

Disputes relating to transactions on the recognised stock exchanges or depositories shall be resolved through the grievance redressal and arbitration mechanisms prescribed by SEBI and the relevant exchange or depository, including the SEBI SCORES platform and the Online Dispute Resolution framework, where applicable.

For any other dispute arising out of or in connection with these Terms, the parties shall first seek to resolve the matter amicably. Failing resolution, the dispute shall be referred to arbitration under the Arbitration and Conciliation Act 1996. The seat and venue of arbitration shall be Chennai, the proceedings shall be conducted in English, and the award shall be final and binding on the parties.

14. Amendments

We may amend these Terms from time to time to reflect changes in our practices, services or the law. The version number and the date of the most recent revision are shown at the top of this document.

Where changes are material, we will take reasonable steps to bring them to your attention. Your continued use of the website or services after the revised Terms take effect constitutes acceptance of the changes.

15. Contact

If you have any question about these Terms, please contact us:

• David Holdings Pvt. Ltd.
• 1st Floor, Old No.19, New No.35, K P Towers, Mount Road, Saidapet, Chennai 600 015, Tamil Nadu, India
• Email: office@david-holdings.com

For complaints concerning our regulated activities, please refer to the investor grievance details published on this website and on the SEBI SCORES platform.