These terms and conditions regulate your use of Ztocks’s Website, located at Ztocks.com, and Ztocks’s mobile application (together, “Ztocks”), and form a binding legal contract between Ztocks Technologies Pvt Ltd (the owner and operator of Ztocks) and you.
By accessing Ztocks, you hereby accept these Terms and Conditions, Privacy Policy and any other disclaimers or terms made available on Ztocks, as may be amended from time to time. Do not continue to use Ztocks if you do not agree to all of such Terms and Conditions, and Privacy Policy and disclaimers and terms on Ztocks.
The following terminology applies to these Terms and Conditions and Privacy Policy, unless the context requires otherwise: “Client”, “User” “you” and “your” refers to, any person that uses, accesses, links to, or refers to Ztocks or the Company. “The Company”, “ourselves”, “we”, “our” and “us”, refers to Ztocks Technologies Pvt Ltd. “Party” or “Parties” refers to both the Client and ourselves. Any use of the above terminology or other words in the singular, plural, capitalization and/or he/she or they, shall be taken as interchangeable.
We reserve the right to modify these Terms and Conditions, Privacy Policy and disclaimers and terms related to services we provide (“Ztocks Services”) at any time by posting the same on Ztocks. We may, at our sole discretion, also notify you of any change or modification in these Terms and Conditions, Privacy Policy, and other terms and disclaimers referred to herein or provided by us, by way of sending an email to your registered email address or posting notifications in your Ztocks account on Ztocks. You may then exercise the options provided in such an email or notification to indicate non-acceptance of the modified Terms and Conditions, Privacy Policy, and other terms and disclaimers made available by us. If such options are not exercised by you within the time frame prescribed in the email or notification, you will be deemed to have accepted the modified Terms and Conditions, Privacy Policy, and other terms and disclaimers made available by us. Certain Ztocks Services being provided on Ztocks may be subject to additional rules and regulations. To the extent that these Terms and Conditions are inconsistent with the additional conditions set down, the additional conditions shall prevail.
To participate in a Ztocks league (“League”), you must have a valid email address. Only those Users who have successfully registered on Ztocks in accordance with the procedure outlined below shall be eligible to participate in the League(s) and win prizes. In the event a User indicates that he/she is using or accessing Ztocks from Assam, Odisha, Sikkim, Nagaland or Telangana, such User will not be permitted to proceed to sign up for the League and cannot participate in any paid version of the League(s). Persons below the age of eighteen (18) years are not allowed to participate on any of the Leagues or games (by whatever name called) on Ztocks and Users must disclose their real age at the time of getting access to Ztocks.
In a League, you will be awarded virtual money which you can use to select virtual stocks and build a virtual portfolio, and compete with other Users to win prizes. There are daily, weekly and monthly Leagues. The Leagues are both free-to-play, i.e., a User does not have to pay any money to participate in such Leagues, but may win rewards, and paid i.e., a User must pay an entry fee amount to participate in such Leagues, and real-money prizes are awarded.
In order to register for the League, you are required to:
Types of Ztocks Leagues
Therefore, the value of the prizes awarded to winners does not correlate to the value of the actual stocks in the stock market, and neither the virtual stocks nor virtual portfolios amount to ‘securities’ or ‘derivatives’ under Indian law.
Users who are winners of the Leagues (“Winners”) will be announced at the end of the league. The prizes will be distributed in a ratio and manner pre-published by us, and disclosed to League Users, on Ztocks from time to time. Ztocks shall not be liable to pay any prize if it is discovered that the Winner(s) have not abided by these Terms and Conditions and other rules and regulations in relation to the use of Ztocks.
Ztocks is a game of skill as it involves judgment, strategy and multi-disciplinary knowledge, training, adherence to a virtual budget, and calculation and mathematics. The Supreme Court has recognized that games of skill are not gambling activities in various cases including State of Andhra Pradesh v. K Satyanarayana (AIR 1968 SC 825) and K.R. Lakshmanan v. State of Tamil Nadu (AIR 1996 SC 1153) where it held inter alia that games of skill would be those where “success depends principally upon the superior knowledge, training, attention, experience and adroitness of the player”. By participating in Leagues and using Ztocks, each User acknowledges and agrees that he/she is participating in a game of skill.
The Company, at its sole discretion, may disqualify any User from a League, refuse to award benefits or prizes, and require the return of any prizes, if the User engages in unfair conduct, which the Company deems to be improper, unfair, or otherwise adverse to the operation of Ztocks or is in any way detrimental to other Users, which conduct includes, but is not limited to:
You shall not:
Without prejudice to the generality of the foregoing, any Users sharing any material or information on securities are responsible for their own legal compliance, and you hereby agree that wherever applicable, you have obtained the relevant securities law registrations, including but not limited to registration as an investment adviser, research analyst, or portfolio manager. Ztocks bears no responsibility and disclaims all liability in this regard for any non-compliance by Users of applicable law.
You agree to provide true, accurate, current and complete information at the time of registration and at all other times (as required by us). You further agree to update and keep updated your registration information. You shall not register or operate more than one User account with Ztocks.
If a User chooses a username that, in Ztocks’s considered opinion is obscene, indecent, abusive or that might subject Ztocks to public disparagement or scorn, we reserve the right, without prior notice to the User, to restrict usage of such names, which in our opinion fall within any of the said categories and/or change such username and intimate the User or delete such username and posts from Ztocks, deny such User access to Ztocks, or any combination of these options.
Any password issued by Ztocks to a User may not be revealed to anyone else. Users may not use anyone else’s password. Users are responsible for maintaining the confidentiality of their accounts and passwords. Users agree to immediately notify Ztocks of any unauthorized use of their passwords or accounts or any other breach of security. Users agree to exit/log-out of their accounts at the end of each session. Ztocks shall not be responsible for any loss or damage that may result to the User if the User fails to comply with these requirements or otherwise loses control of their Ztocks account.
We may offer chat features, messaging groups, and other means of social interaction to enable communication between Users. Our role is limited to providing the Ztocks Services. With respect to User content and communication between Users, our role is that of an ‘intermediary’ as defined under the Information Technology Act, 2000 and the rules thereunder. Being an intermediary, we have no responsibility and / or liability in respect of any User content on the App and you are solely responsible therefor. As an ‘intermediary’ under the Information Technology Act, 2000, for the purpose of content posted by Users, we do not pre-screen User content or communications between Users. We have no obligation to monitor any User content apart from our obligations as an ‘intermediary’ under the said Act.
When you use Ztocks, you specifically undertake not to host, display, upload, modify, publish, transmit, update or share any content that:
You hereby warrant and represent that:
If we suspect any illegal, wrongful or fraudulent activity on Ztocks by any User, notwithstanding any other rights we may have, we reserve the right to inform the relevant government or law enforcement authorities. We will cooperate in all investigative procedures or requests for access / information initiated by any such government or law enforcement authorities. We are not under any obligation to act on any communications, requests and suggestions from Users or the general public or to respond to any one. Our decision in this respect shall be final. Specifically, if any such request relates to a request / demand to take down/ disable/ remove/ delete any User content or Ztocks content, we are under no legal obligation to respond to or act on such requests. We will take such action as we are required to take under applicable law. If there any valid court order or administrative order issued requiring us to take any action, then we will comply with such court order or administrative order.
In the event any User breaches, or the Company reasonably believes that such User has breached these Terms and Conditions, or has illegally or improperly used Ztocks, the Company may, at its sole and absolute discretion, and without any notice to the User, restrict, suspend or terminate such User’s access to all or any part of Ztocks, deactivate or delete the User’s account and all related information on the account, delete any content posted by the User on Ztocks and further, take technical and legal steps as it deems necessary. It is clarified that in case you are found to be in violation of the aforementioned terms, Ztocks reserves its right to initiate appropriate civil/criminal remedies as it may be advised, in addition to forfeiture and/or recovery of prize money if any.
At any time and for any reason, and subject to applicable law, Ztocks may, at its sole and absolute discretion:
Hate Speech
You are not allowed to promote violence against or directly attack or threaten other Ztocks users on the basis of race, ethnicity, national origin, caste, sexual orientation, gender, gender identity, religious affiliation, age, disability, or serious disease. Users inciting harm towards others on the basis of these categories would be suspended.
Obscene Display Names and Hateful Imager
You cannot use your username, display name, or profile bio to engage in abusive behavior, such as targeted harassment or expressing hate towards a person, group, or protected category. You may not use hateful images or symbols in your profile image or profile header.
Harassment and Bullying
Using abusive language, sharing others’ personal or sensitive information or inciting or engaging others to do any of the same is not allowed.
Promoting Violence
Threatening or inciting violence of any kind is strictly prohibited. We don’t allow individuals or groups that engage in or promote violence, or organized criminal activity to use Ztocks to conduct such activities.
Engaging in Spam or Scam
You are not allowed to share messages in Social groups or to Individual users that are untargeted, irrelevant, obviously unwanted, unauthorized, inappropriately commercial or promotional, or gratuitously repetitive messages or other similar content.
Do not use Ztocks to capitalize or sensationalize on tragic events for commercial purposes.
Do not use our invitation feature to send promotional messages to people you don’t know or to otherwise spam people.
Any player found engaging in Community policies Violation will be barred from the platform and account will be suspended.
Any player found engaging in Fair Play policy Violation will be barred from the platform and account will be suspended.
By registering and playing on our platform, you agree that you will ensure fair play and will not engage in any Fair Play Violation by technical or non-technical means to manipulate the game outcomes.
Genuine users who want to submit an appeal have to submit the following details in the email
Accounts of genuine users affected by Fair Play Policy violation, will be reactivated after review and confirmation by our risk management team.
Users consent to receiving communications such as announcements, administrative messages and advertisements from us or any of our partners, licensors or associates. You agree to ensure that you can receive all communication from Ztocks by marking e-mails or sending SMSs from Ztocks as part of your “safe senders” list or other similar category. Ztocks shall not be held liable if any e-mail, SMS or other message remains unread by a User as a result of such message getting delivered to the User’s junk or spam folder or similar category.
We employ the use of cookies. By accessing Ztocks, you agreed to use cookies in agreement with our Privacy Policy.
Most interactive websites use cookies to let us retrieve the User’s details for each visit. Cookies are used by our website to enable the functionality of certain areas to make it easier for people visiting our website. Some of our affiliate/advertising partners may also use cookies.
Ztocks includes a combination of content created by Ztocks, its licensors and/or you.
Unless otherwise stated, the intellectual property rights in all software underlying Ztocks and the Ztocks Services and material published on Ztocks, including (but not limited to) Leagues, software, written content, photographs, graphics, images, illustrations, marks, logos, audio or video clippings and Flash animation, are owned by Ztocks and/or its licensors, as applicable. All intellectual property rights are reserved. You may access this from Ztocks for your own personal use subjected to restrictions set in these terms and conditions. You hereby grant Ztocks and its affiliates, partners, licensors and associates a worldwide, irrevocable, royalty-free, non-exclusive, sub-licensable license to use, reproduce, edit and authorize others to use, reproduce, edit, create derivative works of, distribute, publicly perform, publicly display, transfer, transmit, and/or publish any of the content you make available on Ztocks in any and all forms, formats or media and for any of the following purposes:
All names, logos, marks, labels, trademarks, copyrights or intellectual and proprietary rights on Ztocks belonging to any person (including User), entity or third party are recognized as proprietary to the respective owners and any claims, controversy or issues against these names, logos, marks, labels, trademarks, copyrights or intellectual and proprietary rights must be directly addressed to the respective parties under notice to Ztocks.
You agree to indemnify and hold harmless the Company, its directors, employees, affiliates and assigns against all costs, damages, loss and harm including towards litigation costs and counsel fees, in respect of:
In respect of any transactions entered into on Ztocks, including making a payment to participate in the paid versions of League(s), Users agree to be bound by the following payment terms:
The payment of the pre-designated amount Users make to participate in the League(s) is inclusive of the pre-designated entry fee for access to the Ztocks Services charged by Ztocks and pre-determined participant’s contribution towards the prize rewards pool which will eventually be paid to Winners.
Ztocks reserves the right to charge an entry fee, which would be specified and notified by Ztocks on the League page, being created on Ztocks, prior to a User’s joining of such League. The User may participate in a League wherein the User has to contribute a pre-specified contribution towards the prize rewards pool of such League, which will be passed on to the Winner(s) of the League after the completion of the League as per the terms and conditions of the League. The User acknowledges that subject to time taken for bank reconciliations and such other external dependencies that Ztocks has on third parties, any transactions on Ztocks may take up to 7 working days to be processed. The Company merely acts as a duly appointed agent of the User to whom the payment is due, and does not operate a payment system. You hereby duly appoint the Company as your agent for this purpose. A transaction, once confirmed, is final and no cancellation is permissible.
Ztocks may, in certain exceptional circumstances and at its sole and absolute discretion, refund the amount to the User after deducting applicable cancellation charges and taxes. At the time of the transaction, Users may also be required to take note of certain additional terms and conditions and such additional terms and conditions shall also govern the transaction. To the extent that the additional terms and conditions contain any clause that is conflicting with the present terms and conditions, the additional terms and conditions shall prevail.
Hyperlinking to our Content
The following organizations may link to Ztocks without prior written approval:
Online directory distributors may link to our website in the same manner as they hyperlink to the Websites of other listed businesses. These organizations may link to our home page, to publications or to other Website information so long as the link:
We may consider and approve other link requests from the following types of organizations:
We will approve link requests from these organizations if we decide that:
Approved organizations may hyperlink to our Website as follows:
No use of Ztocks’s logo or other artwork will be allowed for linking absent a trademark license agreement.
iFrames
Without prior approval and written permission, you may not create frames around Ztocks that alter in any way the visual presentation or appearance of Ztocks.
Content Liability
If any third party is linking to Ztocks from its website or mobile application, we shall not be held responsible for any content that appears on its website or mobile application. You and such third parties agree to protect and defend us against all claims that is rising on such website or mobile application. No link(s) to Ztocks should appear on any website or mobile application that may be interpreted as libelous, obscene, illegal, or criminal, or which infringes, otherwise violates, or advocates the infringement or other violation of, any third party rights.
Reservation of Rights
We reserve the right to request that you remove all links or any particular link to our Ztocks. You agree to immediately remove all links to Ztocks upon request. We also reserve the right to amend these terms and conditions and it’s linking policy at any time. By linking to Ztocks, you agree to be bound to and follow these linking terms and conditions.
If you find any link on our Website that is offensive for any reason, you are free to contact and inform us any moment. Subject to applicable law, we will consider requests to remove links but we are not obligated to or so or to respond to you directly.
We do not ensure that the information on this website is correct, we do not warrant its completeness or accuracy; nor do we promise to ensure that the website remains available or that the material on the website is kept up to date.
To the maximum extent permitted by applicable law, we exclude all any liability, including but not limited to liability arising out of representations, warranties, and conditions, relating to Ztocks and the use of Ztocks Services. Nothing in this disclaimer will:
As long as Ztocks and the information and services on Ztocks are provided free of charge, we will not be liable for any loss or damage of any nature. Users access the Ztocks Services provided on Ztocks voluntarily and at their own risk and Ztocks is provided on an “as-is” basis without express or implied warranties of any nature.
We accept no liability, whether jointly or severally, for any errors or omissions, whether on behalf of ourselves or third parties, in relation to the prizes. Users shall be solely responsible for any consequences which may arise due to their access of Ztocks Services by conducting an illegal act or due to non-conformity with these Terms and Conditions and other rules and regulations in relation to Ztocks Services, including provision of incorrect address or other personal details. Users also undertake to indemnify us and our respective officers, directors, employees and agents on the happening of such an event (including without limitation cost of attorney, legal charges etc.) on full indemnity basis for any loss/damage suffered by us on account of such act on the part of the Users. In no event shall the Company be liable to any User for acts or omissions arising out of or related to User’s engagement with Ztocks or his/her participation in Ztocks or any Leagues.
In consideration of the Company allowing Users to access the Ztocks Services, to the maximum extent permitted by law, Users waive and release each and every right or claim, all actions, causes of actions (present or future) each of them has or may have against the Company, its respective agents, directors, officers, business associates, group companies, sponsors, employees, or representatives for all and any injuries, accidents, or mishaps (whether known or unknown) or (whether anticipated or unanticipated) arising out of the provision of Ztocks Services or related to the Leagues or the prizes associated therewith.
All prizes shall be subject to deduction of tax (“TDS“) as per the Income Tax Act 1961 as well as applicable indirect taxes including goods and services taxes. TDS will be deducted by the Company in accordance with the then-current prescribed TDS rate. The Winners shall be responsible for payment of any other applicable tax, including but not limited to, income tax, gift tax, etc. in respect of the prize rewards. The decision of the Company with respect to the awarding of prizes shall be final, binding, and non-contestable. The Company may, at its sole and absolute discretion, vary or modify the prizes being offered to Winners. Users shall not raise any claim against the Company or question its right to modify such prizes being offered, prior to closure of any League.
These Terms of Service shall be governed and construed in accordance with the laws of India.
In the event of any and all disputes arising out of, or in connection with, these Terms of Service, the construction, validity, interpretation and enforceability of these Terms and Conditions, or the rights and obligations of the User(s) or Ztocks, the party raising the dispute shall provide a written notification to the other party. On receipt of the written notification, the parties shall first try to resolve the dispute through discussions. In the event that the parties are unable to resolve the dispute within fifteen (15) days of receipt of notification, the dispute shall be settled by arbitration.
The place, venue and seat of arbitration shall be Delhi, India. All arbitration proceedings shall be conducted in English and by a sole arbitrator in accordance with the provisions of the Arbitration and Conciliation Act, 1996, as amended from time to time, read with the rules of the Mumbai Centre for International Arbitration.
The arbitration award will be final and binding on the Parties, and each Party will bear its own costs of arbitration and equally share the fees of the arbitrator unless the arbitral tribunal decides otherwise. The arbitrator shall be entitled to pass interim orders and awards, including the orders for specific performance and such orders would be enforceable in competent courts. The arbitrator shall give a reasoned award.
Nothing contained in these Terms and Conditions shall prevent Ztocks from seeking and obtaining interim or permanent equitable or injunctive relief, or any other relief available to safeguard Ztocks’s interest prior to, during or following the filing of arbitration proceedings or pending the execution of a decision or award in connection with any arbitration proceedings from a court having jurisdiction to grant the same. The pursuit of equitable or injunctive relief shall not constitute a waiver on the part of Ztocks to pursue any remedy for monetary damages through the arbitration described herein.
By signing up and continuing using this site you agree with our Terms and Conditions, Privacy Policy, and Rules.
All product names, trademarks and registered trademarks are property of their respective owners. All company, product and service names used in this website are for identification purpose. Use of these names,trademarks and brands does not imply endorsement.
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