From: Subject: Disclaimer Date: Tue, 30 Sep 2008 18:54:22 +0530 MIME-Version: 1.0 Content-Type: multipart/related; type="text/html"; boundary="----=_NextPart_000_0011_01C9232D.F3AF4420" X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2900.2180 This is a multi-part message in MIME format. ------=_NextPart_000_0011_01C9232D.F3AF4420 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Content-Location: http://shcilservices.com/Disclaimer.html Disclaimer

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Disclaimer and Limitation of Liability =
This=20 website, www.shcilservices.com is owned by SHCIL Services Ltd.=20

This website, any content or information contained in it or any = website=20 related services, or any products or services licensed or purchased = through the=20 website, is provided on an " as-it-is-where-it-is" basis and without any = guarantees and warranties of any type, either express or implied, = including but=20 not limited to warranties of title or non-infringement or implied or = warranties=20 of merchantability and fitness for any particular purpose, other than = those=20 which are implied by and incapable of exclusion, restriction or = modification=20 under the laws applicable to this agreement.

Even though SHCIL Services Ltd. attempts to confirm and ensure that = all data,=20 information and contents, whether in relation to products, services, = facilities,=20 offerings or otherwise (hereinafter "Information") provided as part of = this=20 website is correct at the time of inclusion on the website, it does not=20 guarantee the accuracy of the Information. SHCIL Services Ltd. does not = make=20 representations or warranties as to the completeness or adequacy or = accuracy of=20 Information and expressly disclaims liability for any errors, omissions = or=20 delays in updating information contained herein.

Information is supplied upon the condition that users accessing and = using the=20 same will make their own assessment and judgment as to its suitability = for their=20 objectives prior to its use or in connection with the making of any = decision=20 whatsoever. No Information or statement at this website shall be = construed to=20 mean or constitute an invitation to invest in any securities or any = financial=20 product whatsoever. Access to this website or the Information is at = user=92s own=20 risk.

The user of this website acknowledges on access that any warranty = that is=20 provided in connection with any of the products or services described = herein, is=20 provided solely by the owner, advertiser, manufacturer or supplier of = that=20 product and/or service, and not by www.shcilservices.com. = www.shcilservices.com=20 does not warrant that user=92s access to this website and/or related = services will=20 be uninterrupted or error-free, that defects will be corrected, or that = this=20 website or the server that makes it available is free of viruses or = other=20 harmful components. Access to and use of this website and the = information is at=20 Userr risk and www.shcilservices.com does not undertake any = accountability for=20 any hacking, irregularities, viruses or damage to any computer that = results from=20 accessing, availing or downloading of any information from this website. = www.shcilservices.com does not warrant or make any representations = regarding the=20 use or the results of the use of any product and/or service purchased in = terms=20 of its compatibility, correctness, accuracy, reliability or otherwise. = User=20 assumes total responsibility and risk for his use of this website and=20 website-related services.

User of this website agrees that, except as provided under the=20 www.shcilservices.com return policy, www.shcilservices.com and its = Holding=20 Company, directors, officers, employees, agents, sponsors, consultants,=20 sub-brokers, remissiers or other representatives ('service providers') = shall not=20 be responsible or liable for any direct, indirect, incidental, = consequential,=20 special, exemplary, punitive or any other damages (including without = limitation=20 loss of profits, loss or corruption of data, loss of goodwill, work = stoppage,=20 computer failure or malfunction, or interruption of business) under any=20 contract, negligence, strict liability or other theory arising out of or = relating in any way with the use of the website or in reliance of the=20 information available on the website, website-related services, or any = products=20 or services offered or sold or displayed on the www.shcilservices.com = website.=20 User agrees that, except as provided under the www.shcilservices.com = return=20 policy, www.shcilservices.com and its Holding Company, directors, = officers,=20 employees, agents, sponsors, consultants, sub-brokers, remissiers or = other=20 representatives ('service providers') shall not be liable for damages or = injury=20 arising out of or in connection with the use of the Website or its = non-use=20 including non-availability, compensatory, direct, indirect or = consequential=20 damages, loss of data, income or profit, loss of or damage to property=20 (including without limitation loss of profits, loss or corruption of = data, loss=20 of goodwill, work stoppage, computer failure or malfunction, or = interruption of=20 business; under any contract, negligence, strict liability or other = theory=20 arising out of or relating in any way to the Website, website-related = services,=20 or any products or services and claims of third parties damages or = injury caused=20 by any performance, failure of performance, error, omission, = interruption,=20 deletion, defect, delay in operation or transmission, computer virus,=20 communications line failure, theft or destruction or unauthorized access = to,=20 alteration of, or use of information, whether resulting, in whole or in = part,=20 from or relating to any of the services offered or displayed by SHCIL = Services=20 Ltd. on the Website. The Services on the Website do not constitute an = offer to=20 sell or a solicitation to any person in any jurisdiction where it is = unlawful to=20 make such an offer or solicitation. These Services are not any form of=20 investment advertisement, advice or information and has not been = registered=20 under any securities law of any foreign jurisdiction and is only for the = information of any person in any jurisdiction where it may be lawful to = provide=20 such information, otherwise the same shall not be considered as = information. The=20 distribution of this Service or content in other jurisdictions may be = restricted=20 by law and the persons who access this website or the Service should = inform=20 themselves about, and observe, any such restrictions. Use of the website = and its=20 contents is at any user=92s including a Client=92s / Customer=92s, own = risk. The data=20 and information provided on the website is not advice, professional or=20 otherwise, and should not be relied upon as such. Neither the = information, nor=20 any opinion contained in this website constitutes a solicitation or = offer by=20 SHCIL Services Ltd. to buy or sell any securities or other financial = instruments=20 or provide any investment advice. SHCIL Services Ltd. or their employees = have or=20 may have an outstanding position or holding in the securities or other = related=20 investments of issuers and companies mentioned herein. The investments = discussed=20 or recommended in the analysis, research reports, etc. may not be = suitable for=20 all investors. Investors must make their own investment decisions based = on their=20 own specific investment objectives and financial position and using such = independent professional advisors as they believe necessary. Information = herein=20 is believed to be reliable but SHCIL Services Ltd. does not warrant its=20 completeness or accuracy. The contents of the articles and the = interpretation of=20 data are solely the personal views of the contributors and do not in any = way=20 reflect the views of SHCIL Services Ltd. Users are advised to use the = articles=20 and other data in the Website only as information and not as a = substitute or an=20 alternative for professional financial Advisor=92s advice. If the = foregoing=20 limitation is held to be unenforceable, the maximum liability of SHCIL = Services=20 Ltd. and its service providers to User shall not exceed the amount of = fees paid=20 by User for the products or services that User have ordered through the = website.=20

A possibility exists that the website could include inaccuracies or = errors.=20 Additionally, a possibility exist that unauthorised additions, deletions = or=20 alterations could be made by third parties to the website. Although = SHCIL=20 SERVICES LTD. attempts to ensure the integrity, correctness and = authenticity of=20 the website, it makes no guarantees whatsoever as to its completeness,=20 correctness or accuracy. In the event that such an inaccuracy arises, = please=20 inform SHCIL SERVICES LTD. so that it can be corrected.

The price and value of investments and the income derived from them = can go=20 down as well as up, and User may not get back the amount User invest. = Changes in=20 the rate of exchange may have an adverse effect on the value, price and = income=20 of investments in deposits other than Userr own. Past performance is not = necessarily a guide to future performance. The services and investments = referred=20 to in our website may have tax consequences and it is important to bear = in mind=20 that SHCIL SERVICES LTD. does not provide tax advice. The level of = taxation=20 depends on individual circumstances and such levels and bases of = taxation can=20 change. User should consult his own tax advisor in order to understand = any=20 applicable tax consequences.

SHCIL SERVICES LTD. does not make any personal recommendations. The=20 information on our Internet website is provided solely to enable = investors to=20 make their own investment decisions and does not constitute a = recommendation to=20 buy, sell or otherwise deal in investments. Our services and the = securities we=20 offer services on may not be suitable for all customers and, if User has = any=20 doubts, User should seek advice from an independent financial = adviser.

This Internet website is only available to residents in India and is=20 presently not available to foreign residents including non resident = Indians=20 (NRIs) in foreign jurisdiction where the services cannot be offered = without=20 prior regulatory compliance. In such cases, due efforts are been made to = comply=20 with regulatory requirements in various jurisdictions which shall be = notified=20 from time to time. This service does not constitute an offer to sale or = a=20 solicitation to any person in any jurisdiction where it is unlawful to = make such=20 an offer or solicitation.

No information, market analysis, research report etc. on the web = website is=20 to be construed as a representation with respect to shares, securities = or other=20 investments regarding the legality of an investment there in under the=20 respective applicable investment or similar laws or regulations of any = person or=20 entity accessing the website.

User understand and agree that no joint venture, partnership, = employment or=20 agency relationship exists between User and us as a result of this = agreement or=20 on account of use of this website. Price and availability of products = and=20 services offered on the website are subject to change without prior = notice. To=20 the extent we provide information on the availability of products or = services=20 User should not rely on such information. SHCIL Services Ltd. or Stock = Holding=20 Corporation of India Ltd. will not be liable for any lack of = availability of=20 products and services User may order through the website.

Governing Law

Transactions between User and SHCIL Services Ltd. / it sub-brokers = shall be=20 governed by and construed in accordance with the laws of India, without = regard=20 to the laws regarding conflicts of law. Any litigation regarding this = agreement=20 or any transaction between customer and Www.shcilservices.com or any = action at=20 law or in equity arising out of or relating to these agreement or = transaction=20 shall be filed only in the Competent Courts of Mumbai alone and the = customer=20 hereby agrees, consents and submits to the jurisdiction of such courts = for the=20 purpose of litigating any such action.

BSE Disclaimer

Bombay Stock Exchange Ltd. is not in any manner answerable, = responsible or=20 liable to any person or persons for any acts of omission or commission, = errors,=20 mistakes and/or violation, actual or perceived, by us or our partners, = agents,=20 associates etc., of any of the Rules, Regulations, Bye-laws of Bombay = Stock=20 Exchange Ltd., SEBI Act or any other laws in force from time to = time.

Bombay Stock Exchange Ltd. is not answerable, responsible or liable = for any=20 information on this Website or for any services rendered by us, our = employees,=20 and our servants.

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