Ledger Tower is a peer to peer platform that helps consumers getting the right set of credit or debit cards and on the cardholder end, card holders get paired with buyers who want to purchase on e commerce websites.
The aim is to help users save money, help them make money, save them time and reduce their commerce friction.
The data of the user stored in any kind would only be used for the betterment of customer experience and providing better business services at Ledger Tower. Your data would never be sold to any third party.
These terms and conditions ("Terms & Conditions") apply to the use of the "ledgertower" web application developed by Block Hodl Labs PRIVATE LIMITED (as defined below) and to your use of the ledgertower website hosted at https://ledgertower.com/ or any service provided or facilitated by ©BorrowMyCards — Powered by Block Hodl Labs Pvt Ltd. All rights reserved.
These terms and conditions are valid for all countries and cities where ledgertower operates. (If applicable)
The domain name https://ledgertower.com/ (hereinafter referred to as "Website"), app.Block Hodl Labs ,its subdomains and ledgertower is owned by Block Hodl Labs Private Limited a company incorporated under the Companies Act, 2022 having its registered office aE13/29 FIRST FLOORHARSHA BHAWAN CONNAUGHT PLACE New Delhi DL 110001 IN (hereinafter referred to as "Company").
a. The ledgertower is developed, owned and managed by Block Hodl Labs Private Limited.
b. By downloading or logging in ledgertower you agree to adhere to these Terms & Conditions. If you do not agree to these Terms & Conditions, please deregister your profile and uninstall the ledgertower.
c. In these Terms & Conditions,
"ledgertower" or "App" means the mobile application available at Google Play Store [Give Link Here].
"Company" or "we" or "us" means Block Hodl Labs Private Limited.
"Community" or "ledgertower Community" includes all Users.
"Customer" shall mean any individual, who uses the ledgertower to register for events promoted by the hostel and for other services listed in the App.
"Customer Account" shall mean the account created whether by User or otherwise, in accordance with these Terms.
"Transaction" shall mean any transaction including the purchase of services online by Customer.
"Transaction Price" shall mean the cost of Transaction.
"User" or "You" or "Your" shall mean any legal person or entity accessing or using the ledgertower.
"Vendor" shall mean any legal person, individual or entity accessing or using the ledgertower for displaying their products in ledgertower.
"Code of Conduct" shall mean rules and regulations developed and
followed by ledgertower.
d. The Company reserves the right to modify these Terms & Conditions at any time, without any notice to the Users. Any modification to these Terms & Conditions will take effect as soon as these changes are published. While the Company will endeavor to communicate the fact of modification of these Terms & Conditions to its Users, the modifications will take effect regardless of such communication.
e. Any continued use will signify consent to the modifications.
a. Hostel Ninja is a marketplace cum aggregator for the hostel community which allows Vendors to list their products/services and Customers to purchase/subscribe to those products/services from the platform.
b. Hostel Ninja offers a technological platform, information and a method to connect Vendors and Customers, rate services, build loyalty and engage Community.
c. Hostel Ninja assumes no liability for the products or services except for providing technology platform, assistance in payment and delivery and customer support in addressing the queries related to the Services. Any and all the transactions relating to the products or services are being rendered by Vendors with whom separate agreements have been signed by ledgertower for service delivery.
d. Hostel Ninja does not guarantee quality, performance, durability, efficiency of any products or services sold either directly or indirectly. The Customers shall be solely responsible for undertaking appropriate and effective due diligence and related analysis before undertaking any transactions pursuant to these Terms and Conditions.
e. Hostel Ninja and/or the Vendors and its officers, directors, employees, agents and affiliates will have no liability for sale, purchase, delivery, refund executed using the Platform.
f. Hostel Ninja is not and will not act as an agent for any User.
g. Hostel Ninja is not liable for any loss or damage incurred as a result of any User breaching ledgertower’s Terms and Conditions.
h. Any breach of these Terms and Conditions will give rise to immediate suspension of the User account in ledgertower.
i. Hostel Ninja reserves the right to temporarily or permanently disable any Users from using the ledgertower , at any time and at its sole discretion.
j. Hostel Ninja reserves the right to alter, modify, withdraw partially or complete the Terms and Conditions, at any time without prior notice.
a. While availing any of the payment method/s available on the ledgertower, we will not be responsible for any liability, whatsoever in respect of any loss or damage arising directly or indirectly to You due to: a) Failed authorization b) Exceeding any limits set by Your bank c) Any payment failure or d) Any payment Decline due to any reason/s.
b. Customer agrees to assume and take over all consequences and risk of performing transactions through the App and shall be solely responsible for any liability incurred by Issuer Bank in execution of any instruction issued through UPI. The Customer understands and agrees that such amounts once credited/debited to inadvertently cannot be reversed by the Customer or ledgertower.
c. All payments made against the purchases/services on ledgertower by You shall be compulsorily in Indian Rupees (INR). We do not authorise any Transaction with respect to any other form of currency with respect to the purchases made.
d. You hereby authorize ledgertower or its Vendors or any of its service providers to collect, process, facilitate and remit payments electronically or through any other means such as Cash on Delivery in respect of transactions processed through the ledgertower.
e. You understand, accept and agree that the payment facility provided by ledgertower is neither a banking nor financial service but is merely a facilitator providing an electronic, automated online electronic payment, receiving payment through, collection and remittance facility for the Transactions on the Hostel Ninja using the existing authorized banking infrastructure and Credit Card payment gateway networks (the "Payment Facility"). Further, by providing a Payment Facility, the Company is neither acting as trustees nor acting in a fiduciary capacity with respect to the Transaction or the Transaction Price.
f. You understand, accept and agree that upon initiating a Transaction You are entering into a legally binding and enforceable contract with ledgertower to purchase the products and /or services from Vendors listed in ledgertower using the Payment Facility, and You shall pay the Transaction Price through Your Issuing Bank to ledgertower using Payment Facility.
g. The Customers shall be entitled to claim a refund of the Transaction Price (as a sole and exclusive remedy) in case the Customer does not receive the ordered product or services within the time period agreed in the Transaction or received an inferior or unsatisfactory product or service from the Vendor.
h. Refund is at the sole discretion of ledgertower. Refunds, if any, will be made via bank transfers in favour of the Customer as per the bank details shared by Customer over email. All refunds shall be made in Indian Rupees only and at no case more than the Transaction Price less charges deducted by Vendor.
4. DISCLAIMER OF WARRANTIES AND LIABILITY
a. All the materials and products and services, included on or otherwise made available to You through this platform are provided on "as is" and "as available" basis without any representation or warranties, express or implied except otherwise specified in writing. Without prejudice to the forgoing paragraph, ledgertower does not warrant that:
i. Availability of its services;
ii. The information on ledgertower is complete, true, accurate or non-misleading;
iii. That specific performance of delivery of any service or products;
iv. The ledgertower, their software, servers; or
v. Electronic communication sent from Us are free of viruses or other harmful components.
b. By registering in ledgertower, You agree to the sharing of Your phone number with us, You consent to be contacted by us via phone calls and/or SMS notifications, for promotions or order confirmations updates.
c. Hostel Ninja reserves the right to cancel a Transaction, at its sole discretion, if the Transaction is found to be not acceptable to ledgertower or the Vendor is unable fulfil the transaction.
d. Hostel Ninja shall have the right to freeze the User account in the case of violation of these Terms and Conditions by any User.
e. Notwithstanding anything to the contrary contained in these Terms, ledgertower shall be entitled to accept or reject a User, for any reason whatsoever, at its sole discretion.
Users shall comply with all the applicable laws (including without limitation Foreign Exchange Management Act, 1999 and the rules made and notifications issued thereunder and the Exchange Control Manual as may be issued by Reserve Bank of India from time to time, Customs Act,1962 Information and Technology Act, 2000 as amended by the Information Technology (Amendment) Act 2008, Prevention of Money Laundering Act, 2002 and the rules made thereunder, Foreign Contribution (Regulation) Act, 2010 and the rules made there under, Income Tax Act, 1961 and the rules made there under, Export Import Policy of the government of India applicable to them respectively for using Payment Facility of ledgertower.
a. Hostel Ninja is merely a platform provider and is not liable for any loss or damage that any User incur while using the ledgertower. ledgertower also is not liable for the behavior of Users or Vendors.
b. Notwithstanding any terms in these terms and conditions and otherwise, ledgertower expressly disclaims any warranty, express or implied, in respect of the platform, any transaction facilitated on the platform, reliability, and completeness of information. The ledgertower and the Platform is provided on "as is" basis and all Users are required to conduct their own due diligence prior to using the services in the platform.
c. Without prejudice to any other remedies that may be available, if ledgertower reputation is damaged due to the negligent behavior of a User, the User will reimburse for all loss, damage or costs that may be attributable to her or his action or inaction, regardless of whether such loss, damage or cost was foreseeable or direct.
d. You shall indemnify and hold harmless the Company, its Vendors, owners, licensee, affiliates, subsidiaries, group companies (as applicable) and their respective officers, directors, agents, and employees, from any claim or demand, or actions including reasonable attorneys' fees, made by any third party or penalty imposed due to or arising out of Your breach of this Terms & Conditions, Privacy Policy and other Policies, or Your violation of any law, rules or regulations or the rights (including infringement of intellectual property rights) of a third party.
ledgertower takes the privacy of our Users very seriously and is compliant with applicable privacy and data protection laws. For more details, please refer to our Privacy Policy [https://Block Hodl Labs/privacy].
a. The intellectual property behind the content of the ledgertower , especially software, pictures, graphics, logos, source code, texts etc. (the "Intellectual property") is owned by ledgertower.
b. The trademarks, logos and service marks displayed on the App ("Brand") are the property of ledgertower. You are not permitted to use the Brand without the prior consent of the ledgertower.
c. As long as you act in accordance with these terms and conditions and the ledgertower Code of Conduct, we grant you a revocable, non-exclusive license for personal, non-commercial usage of the ledgertower. You cannot grant any sublicenses and you are not allowed to alter the content or to use them in any manner that is not expressly permitted by these Terms & Conditions and the Code of Conduct.
a. These Terms & Conditions shall be governed by, construed under and enforced in accordance with the laws of India, without regard to any conflict of law provisions.
b. Any controversies, conflicts, disputes and/or arising out of these Terms & Conditions shall be resolved by arbitration in Goa, India, in accordance with the Indian Arbitration and Conciliation Act, 1996. The tribunal shall consist of 1 arbitrator whose decision shall be final and binding.
We will not be liable for any failure to perform any obligations due to any cause beyond reasonable control including, but without being limited to earthquake, terrorism, political riot or disturbance, invasion, war, threat or preparation for war, storm, flood, epidemic or natural physical disaster.
If any clause under the Terms & Conditions is held by the court of competent jurisdiction or arbitral tribunal to be unenforceable under the applicable law, then such clause would be excluded from the Terms & Conditions. The remainder of the Terms & Conditions shall be interpreted as if such clause is excluded and shall be enforceable in accordance with its terms; provided however that, in such event, the Terms & Conditions shall be interpreted so as to give effect, to the greatest extent consistent with and permitted by applicable law, to the meaning and intention of the excluded provision as determined by such court of competent jurisdiction or arbitral tribunal.
In the event we fail to enforce any provisions of these terms, this shall not constitute a waiver of any enforcement of that provision or any other provision. No waiver of any provisions of these terms will be valid unless the same is in writing and signed by us.
In accordance with Information Technology Act 2000 and rules made there under, the name and contact details of the Grievance Officer are provided below:
Email: letstalk@ledgertower.com