Terms and Conditions

This document is an electronic record in terms of Information Technology Act, 2000 (“IT Act”) and rules there under as applicable and the amended provisions pertaining to electronic records in various statutes as amended by the IT Act. This electronic record is generated by a computer system and does not require any physical or digital signatures.

This document is published in accordance with the provisions of Rule 3 (1) of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 that require publishing the rules and regulations, privacy policy and Terms of Use for access or usage of domain name www.c2treds.com.

These Terms of Use, including the Privacy Policy as available at (https://www.c2treds.com/privacy-policy/), governs the use of the Website, owned by C2FO Factoring Solutions Private Limited, and the “services” provided on the Website. The Company kindly requests that all users read the following terms and conditions carefully. By using the Website, including but not limited to accessing, visiting, or browsing the Website, you (“Visitor/User/Member”) indicate your acceptance to these Terms of Use and agree to abide by them. The Terms of Use constitute a legal agreement between you, as the User of the Website, and us, as the owner of the Website. If you do not agree to these Terms of Use, please refrain from using this Website.

The Terms of Use shall be considered as part of any agreement including any master agreements of the Company, the reference to which shall be made in that agreement and shall be read along with the terms and conditions of that agreement. In the event of conflict between the terms of such agreement and the Terms of Use, the terms of such agreement will prevail and govern so long as they relate to matters specifically referenced herein and these Terms of Use will apply with respect to all other matters.

Company draws the attention of User to the following ‘Terms of Use’:

  1. Information about us and the Website 
  1. The Website is owned and operated by C2FO Factoring Solutions Private Limited (“we/us/our”). We have been incorporated under the Companies Act, 1956 under CIN U67100DL2020FTC362201 having its registered office at D-26 Basement, Jangpura extn, New Delhi- 110014, India.
  1. The Company owns and operates a Trade Receivables Discounting System (“TReDS”) platform ‘C2TReDS’ to facilitate discounting of invoices and bills of exchange on pan-India basis. The key participants will be: (a) corporates including public sector undertakings and government departments (each as, “Buyer”); (b) micro, small & medium enterprises as defined under the Micro, Small & Medium Enterprises Development Act, 2006 (each, as “Supplier”); (c) banks, Non-Banking Financial Companies - registered as factors, under the Factoring Regulation Act, 2011 and other financial institutions as permitted by the Reserve Bank of India, for participating in the TReDS and for accepting the factoring units for financing purpose (each, as “Financier”). Company shall provide a TReDS platform to facilitate financing at competitive rates through a partnership with multiple Financiers. 
  1. Registration and Access to the Website
  1. If you are interested in using our Website and/or other Services, in order to have full functionality of the Website, you will have to sign a Master Agreement with us to become a ‘Buyer’ or ‘Seller’ or ‘Financier’ on the Website. In case of a conflict between the Terms of Use and the specific conditions governing stated under the relevant Master Agreement, the specific conditions of relevant Master Agreement shall prevail.
  1. The User of this Website acknowledges that he/she has the skill and resources necessary to gain access to this website and use it. In case, the user is accessing on behalf of the entity, necessary authorization from such entity to abide by the Terms of Use.
  1. You represent that all the information provided by you is true, correct and accurate and you shall inform us of any change/ amendment in such information from time to time. In addition, in case you are using this website on behalf of the entity, you agree to keep us updated of any change/amendment in such authorization from such entity.
  1. Upon completion of your registration process with the Company and upon reasonable satisfaction of our understanding of your engagement with us, an authentication link to the email ID specified by you shall be provided. That authentication link will be accompanied by a unique username and password that will allow you to log in to our system/website.
  1. You agree not to provide your username and password information to any other  person.
  1. You agree to keep your password secure. You agree to immediately notify us of any unauthorized use of your password or any other breach of security.
  1. You shall not host, display, upload, modify, publish, transmit, update or share any information that: (i) belongs to another person and to which you do not have any right to; (ii) is obscene, pornographic, pedophilic, invasive of another’s privacy including bodily privacy, insulting or harassing on the basis of gender, racially or ethnically objectionable, relating to or encouraging money laundering or gambling or promoting enmity between different groups on the grounds of religion or caste with the intent to incite violence; (iii) harmful to a child; (iv) infringes any patent trademark, copyright or other proprietary rights; (v) deceives or misleads the addressee about the origin of such messages or knowingly and intentionally communicates any misinformation or information which is patently false and untrue or misleading in nature or, in respect of any business of the Central Government, is identified as fake or false or misleading by such fact check unit of the Central Government as the ministry may, by notification published in the Official Gazette, specify; (vi) impersonates another person; (vii) threatens the unity, integrity, defense, security or sovereignty of India, friendly relations with other states, or public order or causes incitement to the commission of any cognizable offence or prevents investigation of any offence or is insulting any other nation; (viii) contains software virus or any other computer code, file or program designed to interrupt, destroy or limit the functionality of any computer resource and (ix) is in the nature of an online game that is not verified as a permissible online game; (x) is in the nature of advertisement or surrogate advertisement or promotion of an online game that is not a permissible online game, or of any online gaming intermediary offering such an online game; or (xi) violates any law for the time being in force.
  1. You agree and understand that you shall not sell your access to the Website. You shall not transmit any unnecessary information or unwanted electronic communication viz. spam to other Buyers/Suppliers/Financiers of the Website as the case may be. You will not misuse your right to the Website by introducing viruses, trojans, worms or other material likely to cause harm to the Website. You shall further not gain any unauthorized access to the Website or on any other source to our Website.
  1. Intellectual Property Rights
  1. When you visit our Website, we give you a limited license to access and use our information for personal use.

We have copyright on all the contents displayed on the Website including graphics, logo, and software that is either owned or licensed to us other than any third-party contents which are specifically identified as such. The software, text, images, graphics, video and audio used on the Website belong to or are licensed to the Company or its subsidiaries and affiliates. No material from the Website may be copied, modified, reproduced, republished, uploaded, transmitted, posted or distributed in any form without prior written permission from the Company. Any infringement of our intellectual property rights shall be governed by the applicable law in India. All rights not expressly granted herein are reserved. Unauthorized use of the materials appearing on the Website may violate copyright, trademark and other applicable laws, and could result in criminal or civil penalties. You are granted a non-exclusive, non-transferable, limited right to access the Site and avail the Services provided by the Company on the Website.

  1. You are permitted to download the information available on the Website to any instrument for your use only provided it does not include the right to copy or reproduce the information of our Website on any other platform or medium, without our prior written permission. You shall not use our information for any other purpose other than for the aforesaid. You agree that any use of the proprietary information displayed on the Website shall infringe our intellectual property rights.
  1. The license to access and use the Website does not include the right to copy or reproduce the information of our Website on any other platform or medium, without our prior written permission.
  1. Except where otherwise specified, any word, logo or device to which is attached the symbols ™ or ® shall be considered as a registered trademark that is either owned by us or which we have license to use. The right to use the Website does not give a license to use those trademarks in any way.
  1. Content of the Website
  1. We endeavor to ensure the accuracy, updating and exhaustiveness of the information disseminated on this Website and reserve the right to change the content or presentation of this Website at any time and without notice.
  1. We cannot be held liable for any decision made on the basis of information contained on the Website or for the use that third parties might make of it.
  1. You further acknowledge and agree that we shall not be responsible for any defamatory, offensive or illegal conduct of third parties on our Website, including users and operators of third-party websites, or for any loss or damage of any kind incurred as a result of the use of any content posted or uploaded. Further, under no circumstances shall the Company be liable for any unlawful act of the User or its affiliates, relatives, employees, agents including misuse of any data, unfair trade practices, fraud, cybersquatting, hacking and other cybercrimes. In no event shall the Company be liable for damages of any kind, including without limitation, direct, incidental or consequential damages (including, but not limited to, damages for lost profits, business interruption and loss of programs or information) arising out of the use of or inability to use Website, or any information provided thereon, or any claim attributable to errors, omissions or other inaccuracies on the Website.
  1. Anyone who wishes to use one or more of the Services and/or one or more of the products presented on the Website is invited to contact us to ascertain the contractual conditions and tariffs applicable to those products and/or Services.
  1. Certain people or certain countries may be allowed only restricted access to the products and Services presented on the website.
  1. None of the products and/or Services will be supplied by us to a person if the law of his/her country of origin or of any other country that might concern that person prohibits them.
  1. However, it remains the responsibility of any interested party to check beforehand with his or her usual advisers that his or her legal and fiscal status allows him or her to subscribe to the products and/or Services presented on the Website.
  1. Specific Prohibited Uses: 

The Website may be used only for lawful purposes by individuals for personal, non-commercial use only. Company specifically prohibits any other use of the Website, and all Users agree not to do any of the following:

  • Post or submit to the Website any incomplete, false or inaccurate biographical information or information which is not your own; 
  • Send unsolicited mail or e-mail, making unsolicited phone calls or send unsolicited faxes regarding promotions and/or advertising of products or Services to a User of the Website; 
  • Delete or revise any material posted by any other person or entity; 
  • Take any action that imposes an unreasonable or disproportionately large load on the Website's infrastructure; 
  • Attempt to decipher, decompile, disassemble or reverse engineer any of the software comprising or in any way making up a part of the Site; 
  • Aggregate, copy or duplicate in any manner any of the content or information available from the Site; or 
  • The Users agree not to use / insert any of the User's URL, weblink, e-mail address and website while accessing any material on the Website. 
  1. Representations and Warranties of the User
  1. Users further agree that we cannot be held liable for matters outside our control and for any damage that may be caused by the User’s technical environment, in particular computers, software programs, network equipment and any other devices used to gain access to the website or to use it and/or the information it contains.
  1. You agree and understand that the use of the Website is at your own risk. The Website is being made available to you on an “as is” and “as available” basis without providing any warranties, guaranties or conditions as to the usage being free from any faults, defects, interruptions, errors, viruses or to the accuracy, reliability, availability of content. The Company, to the fullest extent permitted by law, disclaims all warranties, whether express or implied, including the fitness for particular purpose and non-infringement. The Company makes no warranties about the accuracy, reliability, completeness, or timeliness of the content, Services, software, text, graphics, and links. You agree and understand that we shall not be responsible for any interference or damage that may be caused to your computer resource which arises in connection with your access to our Website.
  1. On non-conformance by the Users of any of the aforesaid terms, the Company may in its sole discretion, restrict or terminate the offending User's ability to access the Website and determine whether to take any other actions whether to remove or request the removal of the User’s content. The Company shall have no liability or responsibility whatsoever to Users for performance or non-performance of such activities. Further, If the Company reasonably believes that a username and password are being used / misused in any manner as clarified above, we reserve the right to cancel access rights immediately without notice, and block access to all Users from that IP address. 
  1. Our Website may use cookies. By using our Website and agreeing to these Terms of Use, you consent to our use of cookies in accordance with Company’s Privacy Policy.
  1. You acknowledge that the Company reserves the right in its sole discretion to investigate and take legal action against anyone who engages in any illegal or prohibited conduct or otherwise violates these Terms of Use, including without limitation, removing the User content from the Website and/or terminating the offending User's ability to access the Site and/or use Services therein. The Company may take any other action with respect to User content or User actions that it deems necessary or appropriate in its sole discretion if it believes it may create liability for the Company or may cause the Company to lose (in whole or in part) the services of its ISPs or other suppliers. 
  1. You may not send, submit, post, or otherwise transmit, material or messages that contain software virus, or any other files that are designed to interrupt, destroy, and negatively affect in any manner whatsoever, any electronic equipment in connection with the use of the Site, or other user's ability to use the Site.
  1. You may not conduct any systematic or automated data collection activities (including scraping, data mining, data extraction and data harvesting) on or in relation to our Website without our express written consent.
  1. You may not use our Website to transmit or send unsolicited commercial communications.
  1. You may not use our Website for any purposes related to marketing without our express written consent.
  1. The User hereby specifically agrees to comply with the requirements of the IT Act and rules, regulations, guidelines, bye laws and notifications made thereunder, while on the Site. The User also undertakes that the content provided by him/her is not defamatory, obscene, threatening, abusive or hateful. The User shall alone be responsible for all his acts, deeds and things and that he alone shall be liable for civil and criminal liability thereunder or under any other law for the time being in force. 
  1. The User agrees to indemnify and hold the Company, its subsidiaries, affiliates, officers and employees, harmless from any claim, demand or damage, including reasonable attorney’s fees, asserted by any third party due to or arising out of your use of or conduct on the Website. 
  1. You specifically agree that the Company shall not be responsible for unauthorized access to or alteration of your transmissions or data, any material or data sent or received or not sent or received through the Website. 
  1. The Company reserves the right to disclose any personal information about you and your use of the Website including its contents, without your prior permission if the Company in good faith believes that such action is necessary to: 
  • confirm to legal requirements or comply with legal process; 
  • protect and defend the rights or property of the Company or its affiliated companies; 
  • enforce the Terms of Use; or 
  • act to protect the interest of its members or others. 
  1. You also agree and understand that the information displayed on the Website is for information purposes only and does not amount to any advice.
  1. You additionally acknowledge that no failure or delay by the Company in exercising any right, power or privilege under the Terms of Use will operate as a waiver of it, nor will any single or partial exercise of it preclude any further exercise or the exercise of any right, power or privilege under the Terms of Use. 
  1. Amendments to the Terms of Use
  1. We reserve the right to amend the Terms of Use from time to time. Any amendment that is made will come into effect from the moment it is displayed on the Website. The updated version of the Terms of Use shall supersede any of the previous versions of the Terms of Use.
  1. The continued use of the Website shall amount to your acceptance to the Terms of Use of the Website.
  1. Law applicable
  1. The content of the Website available at www.c2treds.com is subject to the law applicable in India.
  1. The Users acknowledge that the terms of the applicable Master Agreement shall determine the competence of the courts and dispute resolution mechanism with regard to the settlement of the disputes arising from the content and use of the Website.