Most Important Terms and Conditions (MITC)
Most Important Terms and Conditions (MITC)
Research Analyst: Pradeep Carpenter
SEBI Registration No.: INH000019309
Email: rapradeepcarpenter@gmail.com
Mobile: +91-7000452798
1. Scope of Services
These Terms and Conditions govern the research services provided by the Research Analyst (RA).
The RA is not authorized to execute or carry out trades (purchase/sale transactions) on behalf of clients.
Clients are advised not to permit the RA to execute any trades on their behalf.
2. Fees
The fee charged by the RA shall be subject to the limits prescribed by SEBI/RAASB.
Current limit: ₹1,51,000/- per annum per client family for all research services of the RA (excluding statutory charges).
Fee limits do not apply to non-individual clients or accredited investors.
The RA may collect fees in advance (not exceeding one quarter’s fee).
In case of premature termination, proportionate unexpired fees will be refunded.
Fees must be paid only via approved modes (cheque, bank transfer, UPI, etc.). Cash payments are not accepted.
Optionally, clients may pay via the Centralized Fee Collection Mechanism (CeFCoM) managed by BSE Limited (RAASB).
3. Conflict of Interest
The RA complies with all SEBI/RAASB regulations regarding disclosure and mitigation of conflicts of interest.
Any material conflict that could affect the quality of service will be promptly disclosed to clients.
4. Prohibited Practices
No assured, guaranteed, or fixed return schemes shall be offered.
The RA cannot guarantee profits, accuracy of recommendations, or risk-free investments.
5. Risk Disclaimer
All research opinions, projections, and estimates are based on analysis of available data as of the report date.
Investments based on research are subject to market risks — no assurance of returns is provided.
Clients cannot claim compensation for losses incurred by acting on recommendations.
SEBI registration, RAASB enlistment, or NISM certification do not guarantee performance or returns.
6. Grievance Redressal / Escalation Matrix
Step 1: Contact the Research Analyst directly
Email: rapradeepcarpenter@gmail.com
Mobile: +91 70004 52798
Step 2: If unsatisfied, lodge a complaint through SEBI’s SCORES platform:
Website: www.scores.sebi.gov.in
Step 3: Clients may also use the Online Dispute Resolution (ODR) facility:
Website: https://smartodr.in
7. Client Responsibilities
Clients must keep their contact details (email and mobile number) updated with the RA.
The RA will never request login credentials, OTPs, or sensitive Trading/Demat/Bank details.
Clients should never share such information with anyone claiming to represent the RA.
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