Scope & Acceptance of Agreement

Welcome to Kothari Consultancy. By registering, accessing, browsing, or trading through our website, mobile application, or web trading terminals (collectively, the 'Platform'), you acknowledge that you have read, understood, and agreed to be legally bound by these Terms and Conditions ('Terms'). These Terms establish a binding agreement between you ('Client', 'User', or 'Investor') and Kothari Consultancy ('Firm', 'We', or 'Us'). If you do not agree with any part of these Terms, you must immediately discontinue using our Platform.

Regulatory Framework & LRS Compliance

Our global trading portal operates under a strategic partnership with India INX Global Access IFSC Limited ('India INX GA'), operating out of GIFT City, IFSC, Gujarat. All international transactions, foreign exchange conversions, and stock purchases are governed by strict regulatory oversight:

• Liberalised Remittance Scheme (LRS): All outward remittances and investments are subject to the Reserve Bank of India (RBI) LRS limit of USD 250,000 per financial year per individual.
• Statutory Responsibility: It is the client's sole responsibility to track and maintain total foreign remittances across all bank accounts to ensure the annual LRS ceiling is not breached.
• Permissible Investments: Remitted funds may only be utilized for permissible equity, ETF, and debt securities trading. Forex margin trading, crypto-assets, and leveraged speculative operations are strictly prohibited under Indian law.

User Eligibility & Account Registration

Access to international market execution requires full compliance with SEBI, IFSCA, and RBI Know Your Customer (KYC), Anti-Money Laundering (AML), and Combating the Financing of Terrorism (CFT) norms. Clients must submit a valid Permanent Account Number (PAN), identity proof, address proof, bank account credentials, and complete video KYC verification. Kothari Consultancy and India INX GA reserve the right to decline or terminate any application at their discretion.

Execution, Clearing, & Custody via India INX GA

Kothari Consultancy acts as a technology and client service partner. Order execution, clearing, settlement, and custody of foreign securities are handled by India INX GA, its clearing members, and overseas custodians. Market orders are routed directly to international exchanges in real time, subject to liquidity and exchange trading sessions.

Risk Disclosure Statement

• Market Volatility: Foreign stock markets carry price volatility driven by international economic conditions, corporate performance, and geopolitical events.
• Currency Risk: Global securities are denominated in foreign currencies (e.g., USD, EUR). Fluctuations in foreign exchange rates directly impact overall asset values upon conversion to Indian Rupees (INR).
• Fractional Shares: Where fractional share trading is supported, fractional holdings cannot be transferred out to external international brokerages.

Fees, Charges, and Tax Collected at Source (TCS)

Clients agree to pay all applicable brokerage fees, wire charges, and regulatory levies as outlined in our published Fee Schedule. Outward remittances under LRS are subject to Tax Collected at Source (TCS) under Section 206C(1G) of the Income Tax Act, 1961. Dividends received from international shares are subject to local withholding taxes under relevant Double Taxation Avoidance Agreements (DTAA).

App Usage Rules

You must not:

• Breach any laws or regulatory requirements.
• Use the App for unlawful or unapproved purposes.
• Threaten or compromise the platform’s security and system integrity.
• Expose, transfer, or misuse your login details.

Limitation of Liability & Governing Law

Neither Kothari Consultancy nor India INX GA shall be held responsible for execution delays, network outages, or exchange closures beyond reasonable operational control. These Terms are governed by the laws of India and IFSCA regulations.

Intellectual Property

The logos, brand names, and trademarks shown on this website belong exclusively to the Kothari Consultancy.

You may not use, copy, adapt, or display any of our trademarks, logos, or brand assets for any purpose without our prior written permission. Unauthorized use is strictly forbidden and subject to legal action under applicable Indian intellectual property laws.