TERMS AND CONDITIONS OF USE 
    ADJ Utility Apps Private Limited (the “Company”) operates a web/mobile application, “KhataBook
        App” (the “App”) available on Google Play Store, iOS and other similar platforms and also
        operates a website https://khatabook.com/ (the
        “Website”) . The App and the Website shall
        be
        together referred to as the “Platform”.
        These
        terms and conditions (“Terms”) govern the
        use
        of or access to the Platform and the Services (as defined
          below). 
    These Terms constitute a binding and enforceable legal contract between the
        Company
        and a User (as defined below) or any end user of the Services (collectively,
        “you”). You represent and warrant that you
        (a) have full legal capacity and authority
        to agree and bind yourself to these Terms, (b) are 18 (eighteen) years of age or older, and (c) are an Indian
        resident. If you represent an entity, organization, or any other legal person, you confirm and represent that
        you
        have the necessary power and authority to bind such entity, organization, or legal person to these
        Terms. 
    These Terms also include our privacy policy, available at (“Privacy Policy”) and any internal guidelines,
        supplementary terms, policies, or disclaimers made available or issued by us from time to time. By continuing to
        access or use the Platform, or any Service on the Platform, you signify your acceptance of the Terms. Further,
        you
        understand that the Platform is intended for the use of Indian residents only and by your continuing access
        and/use of the Platform shall be construed as a deemed declaration that you are an Indian
        resident.   
    The Company reserves the right to make changes to these Terms by posting the
        new/updated version and your continued use and/or non-deletion of the Platform shall indicate your agreement to
        such changes. Accordingly, we encourage you to kindly continue to review the Terms whenever accessing or using
        the
        Platform so as to be abreast with the changes that we may be carrying out to these Terms. 
    By using the Services, you agree that you have read, understood, and are bound by
        these Terms, and that you comply with the requirements listed herein. If you do not agree to all of these Terms
        or
        comply with the requirements herein, please do not access the Platform or use the Services. 
     
    
     
    The Platform (i) provides an online digital ledger book / record book wherein the
        users (“Users”), can record their ledger
        entries with their respective customers and (ii) also allows Users to generate a payment link which can be sent
        to
        their respective customers, and the customers could use the payment link and make the payment of the amount to
        the
        Users in settlement of their obligations towards the Users (collectively,
        “Services”). For the purposes of this
        clause,
        Services would include any other future services the Company provides/proposes to provide. 
     
    
     
    
      - To avail the Services, a User would be required to
          create a profile/sign-up on the Platform (“Profile”) using his/her email ID and phone number among other details. In addition to
          setting up username and password to create the Profile, the User will be required to furnish certain details,
          including but not limited to phone numbers and details of its customers and businesses. The User warrants that
          all information furnished in connection with its Profile is and shall remain accurate and true in all
          respects.
          The User further agrees and undertakes to promptly update its details on the Platform in the event of any
          change
          or modification of such details.
- The User is solely responsible for maintaining the
          security and confidentiality of its username and password and agrees to immediately notify the Company in
          writing at cybercell@khatabook.com of any disclosure or unauthorized use of its Profile or any other breach of security
          with respect to its Profile.
- The User expressly agrees to be liable and
          accountable
          for all activities that take place through its Profile in furtherance of the use of Service or otherwise. The
          Company expressly excludes any liability for any unauthorized access to a User’s
          Profile.  
- The User agrees to receive communications from the
          Company regarding: (i) information relating to transactions recorded on the Platform; (ii) requests for
          payment;
          (iii) information about the Company and the Services; (iv) promotional offers and services from the Company
          and
          its third party partners, and (v) any other matter in relation to the Services. 
 
    
      - KNOW YOUR CUSTOMER POLICY
 
    
      - The Company may require Users to upload certain
          information and documents that may be necessary to ascertain their eligibility to use certain features of the
          Services including but not limited to their identification documents (“KYC
          Documents”).
- The User hereby authorizes the Company and any
          third-party service provider it may engage with or interact with in connection with using the Platform to
          process KYC Documents and ascertain the User’s eligibility. Any processing undertaken by the Company
          shall
          be in accordance with its Privacy Policy and these Terms. It is hereby clarified that as far as the permission
          of the KYC Documents by a third-party service provider is concerned, the same shall be governed by the privacy
          policy of such third party service provider. 
- The User agrees that it may be required to submit
          additional documents as and when required by the Company or any of its third party service providers and if,
          in
          such an event, any additional information, data, or documentation is required (collectively,
          “Top-Up Documents”), the User hereby
          agrees
          to share such Top-Up Documents promptly upon request, and further, authorizes the Company to process such
          Top-Up
          Documents. 
- The User agrees and warrants to provide valid, true,
          complete, and up-to-date KYC Documents and Top-Up Documents. The User further acknowledges that any incorrect
          or
          misleading information provided shall constitute a material breach of these Terms, and the User’s access
          to certain features of the Services may be limited or denied in such event.
- The list of the KYC Documents and Top-Up Documents
          may
          be provided to the User at the time of creating the Profile/signing-up or at a later stage. 
 
    
     
    
      - The Users may upload information relating to
          transactions with their customers or relating to their businesses, including the sale of goods or services,
          costs, amounts paid and payable, and details of goods and services, on the Platform (such information is
          referred to as “Transaction Information”).
          Transaction Information may be exchanged between the Users and their customers through telephonic calls, text
          message, WhatsApp, email, or other electronic mediums that would depend on the contact details of Users and
          their customers provided on the Platform.
- At the time of creating or uploading the first
          Transaction Information with respect to their customers, the User shall inform such customers of its use of
          the
          Platform to record such Transaction Information and Transaction Information related to future transactions and
          seek such customer’s express consent in this regard and to:
      - The creation of a profile of the customer on the
          Platform, which will require sharing such customer’s phone number and contact details with the
          Company;
- receive communications from the Company regarding:
          (A)
          information relating to their transactions recorded on the Platform; (B) requests for payment; (C) information
          about the Company and the Services; (D) promotional offers and services from the Company and its third party
          partners, and (E) any other matter in relation to the Services. 
      - If such customers fail to provide consent, or
          withdraw
          consent, the User shall immediately cease to use the Services in relation to such customers. 
- The User shall be solely responsible for obtaining
          such consent from its customers and the Company shall assume that such consent as required under clause 4(b)
          above is sought and received by the User if the User provides  details of such Transaction Information
          relating to any of such customers at any time during the use of the Platform.
 
    
     
    
      - The Services may include services, content,
          documents,
          and information owned by, licensed to, or otherwise made available by a third party
          (“Third
          Party Services”) or contain links to Third Party Services.
          Users
          understand that Third Party Services are the responsibility of the third party that created or provided it and
          acknowledge that use of such Third-Party Services is solely at their own risk.
- The Company makes no representations and hereby
          expressly excludes all warranties and liabilities arising out of or pertaining to such Third-Party Services,
          including their accuracy or completeness. Further, all intellectual property rights in and to Third Party
          Services are the property of the respective third parties.
- The Company enables payments via payment service
          providers (“PSP”) partners and the User
          should take care not to share his personal UPI pin or OTP with any third party intentionally or
          unintentionally.
          The Company never solicits information such as UPI pin or OTP over a call or otherwise. The Company shall not
          be
          liable for any fraud due to the sharing of such details by the User. The providers providing Third Party
          Services / PSP partners shall not be liable for any fraud due to sharing of such details by the User. If any
          of
          such fraudulent transactions occur and where the User shares his
          debit/credit card or UPI information, the Company may share relevant information of such transaction if the
          victim approaches the Company via proper channels including customer support number and
          cybercell@khatabook.com
 
    
     
    
      - The User hereby represents and warrants that all
          information that is provided by the User through or in relation to the Services is valid, complete, true, and
          correct on the date of agreeing to these Terms and shall continue to be valid, complete, true, and correct
          throughout the duration of the User’s use of the Platform. The Company does not accept any
          responsibility
          or liability for any loss or damage the User may suffer or incur if any information, documentation, material,
          or
          data provided to avail the Services is incorrect, incomplete, inaccurate, or misleading, or if the User fails
          to
          disclose any material fact.
- The User shall be solely responsible for ensuring
          compliance with applicable laws and shall be solely liable for any liability that may arise due to a breach of
          its obligations in this regard.
- The User shall extend all cooperation to the Company
          in its defending of any proceedings that may be initiated against it due to a breach of the User’s
          obligations or covenants under these Terms. 
- While the Company uses commercially reasonable
          efforts
          to provide Users with a daily backup of their Transaction Information, Users should regularly and
          independently
          save, backup, and archive such Transaction Information. 
- The User shall not use the Services in any manner
          except as expressly permitted in these Terms. Without limiting the generality of the preceding sentence, the
          User may not:
      
        
          - Infringe either directly or indirectly any
              third-party proprietary rights, including but not limited to copyrights, patents, trademarks, or trade
              secrets, of any party;
- except as may be provided hereunder, use in any
              manner including copying, displaying, distributing, modifying, publishing, reproducing, storing,
              transmitting, posting, translating, creating any derivative works from, or license the Services;
          
- use the Services to transmit any data or send or
              upload any material that contains viruses, trojan horses or any other harmful programmes or similar
              computer
              code designed to adversely affect the operation of any computer software or hardware;
- use any robot, spider, other automated
              device, or manual process to monitor or copy the Platform or Services or any portion thereof;
- use the Services in furtherance of / to engage
              in
              any activity which may be grossly harmful, harassing, blasphemous, defamatory, obscene, pornographic,
              pedophilic, libelous, invasive of another's privacy, hateful, or racially, ethnically objectionable,
              disparaging, relating or encouraging money laundering or gambling, or otherwise unlawful in any manner
              whatever; or unlawfully threatening or unlawfully harassing including but not limited to "indecent
              representation of women" within the meaning of the Indecent Representation of Women (Prohibition) Act,
              1986; 
- engage in the systematic retrieval of content
              from
              the Platform or Services to create or compile, directly or indirectly, a collection, compilation, database
              or directory; or
- violate applicable laws in any manner.
          
      - Users who are expected to conduct proper research to
          ensure that the goods and services they send payment links for are in compliance with all applicable laws and
          we
          encourage users to cross-check before generating payment link for prohibited content may result in the
          suspension or removal of user’s account.
- The User shall not use the Services for / in
          furtherance of any sale or supply of prohibited products or services including but not limited to:
      
        
          - sale of regulated goods;
- sale of counterfeit, replicas and pirated goods
              and goods infringing any intellectual property rights including pirated recordings or copies of
              unauthorized
              copyrighted materials whether in electronic or physical form or any other medium which may not be in
              existence at present;
- sale of tobacco and cigarettes which includes
              cigarettes, cigars, chewing tobacco, and related products;
- sale of liquor or any narcotic drugs and
              psychotropic substances;
- sale / supply of any good or service which may
              not
              be in public interest;
- gambling or other prohibited activities;
              and
- sale / supply of good or service which results
              in
              non-compliance of any applicable law.
      - The User shall be solely responsible for compliance
          with all the applicable laws including without limitation the Prevention of Money Laundering Act, 2002 and the
          rules made thereunder. The Company shall not be responsible for any claims or liability or losses that may
          arise
          due to non-compliance of the anti-money laundering laws in India.
 
    
     
    
      - All rights, title, and interest in and to the
          Platform
          and Services, including all intellectual property rights arising out of the Platform and Services, are owned
          by
          or otherwise lawfully licensed by the Company. Subject to compliance with these Terms, the Company grants the
          User a non-exclusive, non-transferable, non-sub licensable, royalty-free, revocable, and limited licence to
          use
          the Platform and Services in accordance with these Terms and its written instructions issued from time to
          time.
- The User should assume that everything the User sees
          or reads on the Platform is protected under the Indian Copyright Act, 1957 and other intellectual property
          laws
          of India and may not be used except with the prior written permission of the Company.
- The Company may freely use, copy, disclose, publish,
          display, distribute without any payment of royalty, acknowledgement, prior consent, or any other form of
          restriction arising out of the User’s intellectual property rights. 
- Except as stated in these Terms, nothing in these
          Terms should be construed as conferring any right in or license to the Company’s or any third
          party’s intellectual rights.
- The contents of this Platform, including but not
          limited to the text and images herein and their arrangements, unless otherwise noted, are copyright-protected
          in
          the whole and every part of this Platform and the same belongs to the Company and may not be used, sold,
          licensed, copied or reproduced in whole or in part in any manner or form or in or on any media to any person
          without the prior written consent of the Company.
 
    
     
    
      - These Terms shall remain in effect unless terminated
          in accordance with the terms hereunder.
- The Company may terminate a User’s access to
          or
          use of the Services, or any portion thereof, immediately and at any point, at its sole discretion, if the User
          violates or breaches any of its obligations, responsibilities, or covenants under these Terms. 
      
- Upon termination these Terms shall terminate, except
          for those clauses that expressly or are intended to survive termination or expiry.
- Notwithstanding anything to the contrary contained
          in
          the Terms, upon termination of a User’s access to or use of the Services, all amounts or outstanding
          monies due by you in relation to your use of or access to the Services shall become immediately
          payable.
      
 
    
      - DISCLAIMERS AND WARRANTIES
 
    
      - The use of the Services is at your sole risk.
      
- You acknowledge and agree that the Company is not
          engaged in the provision, grant, or disbursement of any financial product. The Company is not and will not be
          responsible for any claim or for any damages suffered, whether by the Users, the customers of the Users or any
          other person or party, that are related, directly or indirectly, to or arise out of the same including any
          payments made by the User or by the customers of the User using the payment link generated using the Platform.
          The User further agrees and undertakes to retain proof of sale documentation (in electronic or physical form)
          in
          connection with each payment link it generates or sends to customers.
- To the extent permitted by applicable law, the
          Services are provided on an “as is” and “as available” basis. The Company does not
          warrant that operation of the Services will be uninterrupted or error free or that the functions contained in
          the Services will meet your requirements.
- To the fullest extent permissible under applicable
          law, the Company expressly disclaims all warranties of any kind, express or implied, arising out of the
          Services, including warranties of merchantability, fitness for a particular purpose, satisfactory quality,
          accuracy, title and non-infringement, compatibility, applicability, usability, appropriateness, and any
          warranty
          that may arise out of course of performance, course of dealing, or usage of trade.
- You hereby accept full responsibility for any
          consequences that may arise from your use of the Services, and expressly agree and acknowledge that the
          Company
          shall have absolutely no liability with respect to the same.
- To the fullest extent permissible by law, the
          Company,
          its affiliates, and its related parties each disclaim all liability to you for any loss or damage arising out
          of
          or due to: 
      
        
          - your use of, inability to use, or availability
              or
              unavailability of the Services, including any Third Party Services;
- the occurrence or existence of any defect,
              interruption, or delays in the operation or transmission of information to, from, or through the Services,
              communications failure, theft, destruction or unauthorized access to the Company’s records,
              programmes, services, server, or other infrastructure relating to the Services; or
- the failure of the Services to remain
              operational
              for any period of time.
      - Notwithstanding anything to the contrary contained
          herein, neither the Company nor any of its affiliates or related parties shall have any liability to you or
          any
          third party for any indirect, incidental, special or consequential damages or any loss of revenue or profits
          arising under, directly or indirectly, or relating, in any manner whatsoever, to these Terms or the Services.
          To
          the maximum extent permitted by law, you agree to waive, release, discharge, and hold harmless the Company,
          its
          affiliated and subsidiary companies, its parent companies, and each of their directors, officers, employees,
          and
          agents, from any and all claims, losses, damages, liabilities, expenses and causes of action arising out of
          the
          Services.
- Khatabook currently is not a payment aggregator or
          payment gateway-it is enabling payments for its users via third-party payments service providers. Any charges
          levied by Khatabook for usage are service charges. In case you need an invoice for the charges levied please
          email to support@khatabook.com
 
    
     
    You shall indemnify, defend at the Company’s option, and hold the Company,
        its parent companies, subsidiaries, affiliates, and their officers, associates successors, assigns, licensors,
        employees, directors, agents, and representatives, harmless from and against any claim, demand, lawsuits,
        judicial
        proceeding, losses, liabilities, damages and costs (including, without limitation, from all damages,
        liabilities,
        settlements, costs and attorneys’ fees) due to or arising out of your access to the Services, use of the
        Services, violation of these Terms or any infringement by any third party who may use your account with the
        Company, of these Terms. 
     
    
     
    
      - You agree that the Company and any third-party
          service
          providers it engages, may, in accordance with its Privacy Policy, collect and use your information and
          technical
          data and related information.
- The Company may use information and data pertaining
          to
          your use of the Services for analytics, trends’ identification, and purposes of statistics to further
          enhance the effectiveness and efficiency of the Platform.
- Subject to applicable laws, the Company may be
          directed by law enforcement agencies or the government and related bodies to disclose data in relation to
          Users
          in connection with criminal proceedings. You understand and agree that in such instances, the Company shall
          have
          the right to share such data with relevant agencies or bodies.
 
    
     
    You shall maintain the records of all payment transactions on the Platform
        independently of the Platform (by way physical copies et cetera) and the Company reserves the right to seek
        copies
        of such records for their own use including record keeping. 
     
    
     
    The Company reserves the right to charge convenience fee for the Services and
        non-payment may result in denial of Services. 
     
    
     
    The Company reserves the right at any time to add, modify or discontinue,
        temporarily or permanently, the Services (or any part thereof) with or without cause. The Company shall not be
        liable for any such addition, modification, suspension or discontinuation of the Services. 
     
    
      - JURISDICTION, GOVERNING LAWS, AND DISPUTE RESOLUTION
 
    These Terms shall be governed by and construed and enforced in accordance with
        the
        laws of India. Subject to other provisions in this Clause, courts in Bangalore shall have exclusive jurisdiction
        over all issues arising out of these Terms or the use of the Services. 
    Any controversies, conflicts, disputes, or differences arising out of these Terms
        shall be resolved by arbitration in Bangalore in accordance with the Arbitration and Conciliation Act, 1996 for
        the time being in force, which is deemed to be incorporated by reference in this Clause. The tribunal shall
        consist of 1 (one) arbitrator appointed by the Company. The language of the arbitration shall be
        English. 
    The parties to the arbitration shall keep the arbitration confidential and not
        disclose to any person, other than on a need to basis or to legal advisors, unless required to do so by law. The
        decision of the arbitrator shall be final and binding on all the Parties hereto.
    Each party to the arbitration shall bear its own costs with respect to any
        dispute. 
     
    
     
    
      
        - Modification – The Company reserves the
            right
            at any time to modify these Terms and to add new or additional terms or conditions on use of the Services.
            Such modifications and additional terms and conditions will be communicated to you and, unless expressly
            rejected (in which these Terms shall terminate), will be effective immediately and will be incorporated into
            these Terms. In the event you refuse to accept such changes, these Terms will terminate.
- Severability - If any provision of these Terms is
            determined by any court or other competent authority to be unlawful or unenforceable, the other provisions
            of
            these Terms will continue in effect. If any unlawful or unenforceable provision would be lawful or
            enforceable
            if part of it were deleted, that part will be deemed to be deleted, and the rest of the provision will
            continue in effect (unless that would contradict the clear intention of the clause, in which case the
            entirety
            of the relevant provision will be deemed to be deleted).
- Assignment - You shall not license, sell, transfer
            or assign your rights, obligations, or covenants under these Terms in any manner without the Company’s
            prior written consent. The Company may grant or withhold this consent in its sole discretion and subject to
            any conditions it deems appropriate. The Company may assign its rights to any of its affiliates,
            subsidiaries,
            or parent companies, or to any successor in interest of any business associated with the Services without
            any
            prior notice to you. 
- Notices - All notices, requests, demands, and
            determinations for the Company under these Terms (other than routine operational communications) shall be
            sent
            to feedback@khatabook.com
- Third Party Rights - No third party shall have any
            rights to enforce any terms contained herein.
- Translations –The Company may provide you
            with
            translated versions of these Terms solely to assist you with understanding these Terms in greater detail.
            The
            English version of these Terms shall be controlling in all respects. In the event of any inconsistency
            between
            the English version of these Terms and any translated version, the terms of the English version shall
            prevail. 
 
    
     
    Cancellation
    
      
        - UPI Transactions cannot be cancelled after
            initiating the transaction. If the User has entered the wrong number/VPA ID, then the Company is not a
            liable
            party in the transaction.
- All UPI transactions are real-time and if there is
            any delay in the end of the transaction then the User can check with support team of Khatabook at feedback@khatabook.com after
            30
            mins cool period.
Debit/Credit Card
     
    
      - If the User has any issues related to
            transactions
            linked with Debit/Credit card, then the User must report the same to the Company’s call
            center 9606-800-800 or
            Via mail feedback@khatabook.com
 
    
      
        - The Company will respond and try to resolve the
            issue in the given escalation matrix as per the Company’s internal processes and policies.
- All refunds will be processed by following the
            validation of the transaction from case to case basis in the given legal framework.
- Escalation matrix remains the same for the
            Refunds/Cancellation for all the transactions.
- The Company allows the Users to export the PDF
            from
            its account which the User can share with its customer as a statement/reminder for collections.