Terms & Conditions
Please read these Terms and Conditions ("Terms") carefully before using the website or engaging the services of Aaka Technology ("Company," "we," "us," or "our"). By accessing our website or placing an order for services, you agree to be bound by these Terms.
1. Services
Aaka Technology provides software development, business automation, digital marketing technology, and algorithmic trading solution services. The scope, timeline, deliverables, and pricing for each engagement are defined in a separate Statement of Work (SOW) or Service Agreement signed by both parties.
2. Client Obligations
Clients agree to:
- Provide accurate and timely information required for project execution
- Review and provide feedback within agreed timeframes
- Ensure they hold rights to any content, logos, or material provided to us
- Make payments as per the agreed schedule
3. Payment Terms
Unless otherwise specified in the SOW:
- 50% advance payment is required before project commencement
- Remaining 50% is due upon project completion before final delivery
- Recurring services (hosting, maintenance, SaaS) are billed monthly in advance
- Delayed payments may attract 1.5% interest per month
All prices are in Indian Rupees (INR) and exclusive of applicable GST.
4. Intellectual Property
Upon receipt of full payment, all custom-developed code and deliverables become the property of the client. Aaka Technology retains the right to display the work in its portfolio unless explicitly agreed otherwise. Any third-party libraries, frameworks, or tools remain under their respective open-source licenses.
5. Trading Algorithm Disclaimer
Important: Algorithmic trading strategies developed by Aaka Technology are provided for informational and automation purposes only. Past performance is not indicative of future results. All trading involves risk of loss. Aaka Technology is not a SEBI-registered investment advisor and does not provide financial advice. Clients bear sole responsibility for trading decisions and outcomes.
6. Confidentiality
Both parties agree to keep confidential any proprietary information shared during the engagement and not to disclose it to third parties without prior written consent. This obligation survives termination of the agreement for a period of 3 years.
7. Limitation of Liability
To the maximum extent permitted by applicable law, Aaka Technology shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, data, or business opportunities. Our total liability shall not exceed the amount paid by the client for the specific service giving rise to the claim.
8. Termination
Either party may terminate a project with 14 days written notice. The client is liable for all work completed up to the termination date. Advance payments for work not yet begun may be refunded at Aaka Technology's discretion.
9. Dispute Resolution
Any disputes arising from or related to these Terms shall first be attempted to be resolved through good-faith negotiation. If unresolved within 30 days, disputes shall be subject to arbitration under Indian law. Jurisdiction: Motihari, East Champaran, Bihar.
10. Governing Law
These Terms shall be governed by and construed in accordance with the laws of India, specifically the Information Technology Act, 2000 (as amended) and applicable Indian contract law.
11. Amendments
Aaka Technology reserves the right to modify these Terms at any time. Clients will be notified of material changes. Continued engagement with our services constitutes acceptance of the updated Terms.
12. Contact
For any questions regarding these Terms, contact:
- Email: legal@aakatechnology.in
- Address: Shantipuri, Motihari, East Champaran, Bihar – 845401
- Phone: +91 94714 89706