Associate Terms & Code of Conduct
These terms govern the relationship between NavNivesh Capital and its Associates. All Associates must comply with this Code of Conduct.
Rank disclaimer: Associate designations are internal business designations of NavNivesh Capital and do not represent SEBI registration, certification or regulatory authorisation.
1. Role of an Associate
An Associate supports customer awareness of NavNivesh Capital's education and transaction-support services. An Associate is not an investment adviser, does not provide personalized investment advice, and does not make recommendations to buy or sell any security.
2. Code of Conduct — what Associates may do
- Share factual information about NavNivesh Capital's education and transaction-support services
- Direct interested customers to the approved portal and approved channels
- Support customer onboarding as per the approved process
- Communicate only using approved materials and scripts
3. Code of Conduct — what Associates must NOT do
- Provide personalized investment advice or recommendations
- Promise or imply any guaranteed return, profit, listing or exit
- Make misleading or unverified statements about any security or company
- Use the terms "SEBI registered", "SEBI approved" or similar unless specifically authorised
- Make unauthorised commitments on behalf of NavNivesh Capital
- Collect payments outside approved channels
- Circumvent the Own Demat rule or encourage customers to do so
4. Communication standards
All Associate communication — verbal, written, WhatsApp, social media or otherwise — must be consistent with NavNivesh Capital's positioning, risk disclosures and applicable regulations. Associates must not deviate from approved materials.
5. Ranks and designations
Associate ranks are internal business designations only. They do not represent SEBI registration, certification or regulatory authorisation. They do not confer any authority to provide investment advice or to act as an investment adviser.
6. Commission and payout
Commission and payout terms are governed by the separate Associate agreement. Associates acknowledge that the commission model operates within applicable Indian law, including the Consumer Protection (Direct Selling) Rules, 2021 and applicable securities regulations.
7. Compliance with law
Associates must comply with all applicable Indian laws, including but not limited to the SEBI Act, 1992, the SEBI (Investment Advisers) Regulations, 2013 (as amended), the Consumer Protection (Direct Selling) Rules, 2021 and the Digital Personal Data Protection framework.
8. Termination
NavNivesh Capital may terminate an Associate relationship at any time for breach of this Code of Conduct or applicable law.
9. OTP acceptance
Associates accept these terms through the OTP-verified acceptance process on the approved portal.