If Vijaybharati’s website includes project participation, profit distribution, ownership units, withdrawal rules, lock-in periods, and project-based earnings, then you need Project Terms & Conditions, not just website terms.
Before publishing, you should have a lawyer review them because rules around investments, securities, and profit-sharing can be regulated.
PROJECT TERMS & CONDITIONS
The following Terms & Conditions apply to all projects, opportunities, and business ventures offered through Vijaybharati Construction Private Limited (“Company”).
1. Project Participation
Participation in any project is subject to verification, approval, and compliance with Company policies. The Company reserves the right to accept or reject any application without assigning any reason.
2. Project Duration
Each project may have its own duration, operational period, and completion timeline. Participants agree to remain associated with the project for the period specified in the respective project agreement.
3. Profit Distribution
Any profit distribution, revenue sharing, or income generated from a project shall be subject to the actual performance of the project, operational expenses, taxes, statutory deductions, and business conditions.
Profit distributions, if applicable, shall be made according to the schedule defined for the respective project.
4. No Guaranteed Returns
Project performance may vary due to market conditions, operational challenges, economic factors, government regulations, natural events, or other unforeseen circumstances. Future earnings, projections, or estimated returns displayed on the website are indicative in nature and should not be considered guaranteed.
5. Withdrawal & Exit Policy
Participants wishing to withdraw from a project must submit a written withdrawal request to the Company.
Withdrawal requests shall be processed according to the terms applicable to the specific project.
The Company reserves the right to apply processing charges, administrative deductions, lock-in conditions, waiting periods, or settlement timelines where applicable.
6. Early Exit
In projects having a fixed tenure or lock-in period, early exit may be restricted or subject to approval by the Company.
Any settlement amount in case of early exit shall be determined according to the applicable project policies.
7. Delays Beyond Control
The Company shall not be held responsible for delays caused by force majeure events, government restrictions, legal disputes, natural disasters, market disruptions, labor shortages, transportation issues, or other circumstances beyond reasonable control.
8. Project Modifications
The Company reserves the right to modify project plans, timelines, operational strategies, business models, vendors, partners, or execution methods if required for business efficiency or regulatory compliance.
9. Compliance
All participants agree to comply with applicable laws, regulations, and Company policies while participating in any project.
10. Dispute Resolution
Any dispute arising in connection with a project shall first be attempted to be resolved through mutual discussion. If unresolved, disputes shall be subject to the jurisdiction of the competent courts of Jharkhand, India.
11. Acceptance
By participating in any project offered by Vijaybharati Construction Private Limited, the participant confirms that they have read, understood, and accepted these Terms & Conditions.
To make this legally stronger, I can also draft clauses specifically for:
* Monthly profit payout
* Ownership units
* Capital refund after lock-in period
* Transfer of ownership
* Nominee facility
* Death of participant
* Withdrawal charges
* KYC requirements
* Tax deduction (TDS)
* Project closure and liquidation
These are usually the clauses people expect in project participation agreements.