Table of Contents:
Terms & Conditions
Everything explained in plain & simple language
1. INTRODUCTION:
These Terms & Conditions govern your access to and use of the SharePal platform operated under Repium Ventures LLP and its associated entities ("LLP", "we", "us", or "our").
By accessing or using this platform, you agree to be legally bound by these Terms.
2. NATURE OF PLATFORM:
assets.sharepal.in is a platform that facilitates participation in asset-backed business operations managed by Repium Ventures LLP.
All transactions on this platform represent a business advance arrangement intended for deployment into rental asset operations managed by the LLP.
3. NOT A FINANCIAL INSTITUTION:
Repium Ventures LLP:
• Is not a bank or Non-Banking Financial Company (NBFC)
• Does not accept public deposits
• Does not offer investment products, securities, or collective investment schemes
Participation on the platform does not constitute an investment product.
4. AGREEMENT STRUCTURE:
By making a payment on the platform:
• You agree to enter into a separate legally binding agreement with the LLP
• This agreement will define repayment terms, tenure, and payout structure as indicated on the platform
• The agreement governs your relationship with the LLP
The platform itself does not display exact fixed returns. The final payout structure, repayment terms, and applicable returns will be mentioned in the agreement.
The agreement shall be considered the final and binding document governing the terms, payout structure, and all other matters related to the arrangement.
5. PAYMENTS:
• All payments must be made through authorized payment gateways
• A transaction is considered complete only after successful payment confirmation
• The LLP reserves the right to reject or cancel transactions in case of suspected fraud or technical issues
6. CANCELLATION & REFUND:
All payments made on the platform are final after 24 hours of successful payment processing. Cancellation and refund requests are allowed only within 24 hours of payment.
• No refunds will be issued after 24 hours of transaction
Exceptions apply only in the following cases:
• Duplicate payment due to system error
• Failed transaction where payment is deducted but service is not initiated
7. NO EXIT / WITHDRAWAL:
• Users acknowledge that participation is for a defined tenure
• No early exit, withdrawal, or premature termination is permitted after payment
• Any closure or settlement shall be governed strictly by the formal agreement executed with the LLP
8. PAYOUTS & OBLIGATIONS:
• Any payouts or repayments, if applicable, are governed solely by the executed agreement
• Final payout structure will be mentioned in Annexure I of the Agreement. The platform is only for illustrative purposes and does not define the final payout structure
• All financial terms are subject to contractual agreement and applicable laws
9. ASSET OWNERSHIP & CONTROL:
All assets deployed under the platform are solely owned, leased, or controlled by Repium Ventures LLP and/or its designated entities.
Users do not have any ownership rights, title, or possession over such assets. Participation on the platform does not constitute purchase, co-ownership, or any proprietary interest in the assets.
10. RISK ACKNOWLEDGMENT:
By participating, users acknowledge that:
• The transaction is a business arrangement
• There are operational, market, and financial risks involved
• The platform does not assure or guarantee any fixed outcomes, returns, or payouts. Final terms, payouts, and obligations will be governed solely by the executed agreement
11. USER RESPONSIBILITIES:
You agree to:
• Provide accurate and complete information
• Use the platform lawfully
• Not engage in fraudulent or abusive activities
The LLP reserves the right to suspend or terminate accounts violating these terms.
12. INTELLECTUAL PROPERTY:
All content, branding, and materials on this platform are owned by Repium Ventures LLP and may not be copied, reproduced, or used without prior permission.
13. LIMITATION OF LIABILITY:
Repium Ventures LLP shall not be liable for:
• Any indirect or consequential losses
• Loss arising from misuse of the platform
• Delays or interruptions due to technical or external factors
14. DISPUTE RESOLUTION:
• Any disputes must be reported within 24 hours of the transaction
• Disputes will be reviewed and resolved at the LLP's discretion in accordance with applicable laws
15. MODIFICATION OF TERMS:
Repium Ventures LLP reserves the right to update or modify these Terms from time to time. Any updated Terms & Conditions shall apply only to new participation after such updates.
Existing agreements or arrangements executed before any update shall remain governed by their respective agreements and will not be affected by future changes.
The executed agreement shall be considered the final and binding document regarding all terms, conditions, payouts, obligations, and related matters between the parties.
16. GOVERNING LAW:
These Terms are governed by and interpreted in accordance with the laws of India. Any disputes are subject to the jurisdiction of the courts in Bengaluru, Karnataka.
17. CONTACT:
Repium Ventures LLP
Email: assets@sharepal.in
By using this platform, you confirm that you have read, understood, and agreed to these Terms & Conditions.