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सनातन बोर्ड

Terms and Conditions

Please read our terms carefully before using our services.

www.sanatanboards.org is a platform for giving and charitable donations. We do not provide any financial return in any form whatsoever, including but not limited to financial securities (debt or equity), interest, dividend, profit share, rewards in cash, to individuals who contribute on www.sanatanboards.org

Any contribution on www.sanatanboards.org, by an individual, should not be construed as an investment in any form whatsoever.

Consolidated terms of use and terms and conditions

Please read these Terms of Use/Terms and Conditions carefully before using www.sanatanboards.org (the ‘website or the ‘Site’), owned by parent Board Sanatan Board and its affiliated companies or entities (combined called as the ‘Board’). This agreement sets forth the legally binding terms and conditions for your use of the website. By using the service/services in any manner, including, but not limited to, visiting or browsing the site or contributing content, information, or other materials or services to the site, you agree to be bound by this agreement.

These terms and conditions apply in addition to any other terms and conditions that the Board or its affiliated boards may ask you to sign at the time of making the contribution. The Board may ask you to sign specific terms and conditions at different point of activities on the website.

Summary of Service

Sanatan Board is an online platform where certain users (‘Campaigners’) run campaigns to raise funds for their creative & innovative projects. They raise funds by asking for contributions from other users (‘contributors’ or ‘funders’) in return for tangible and intangible rewards. Through the Site, email, websites, and other media, the Organization makes accessible various content, including, but not limited to, videos, photographs, images, artwork, graphics, audio clips, comments, data, text, software, scripts, projects, other material and information, and associated trademarks and copyrightable works (collectively, “Content”). Campaigners, contributors or funders, and other visitors (collectively, “Users”) may have the ability to contribute, add, create, upload, submit, distribute, facilitate the distribution of, collect, post, or otherwise make accessible (“Submit”) Content. “User Submissions” means any Content Submitted by Users. By creating a fundraising campaign on Sanatan Board, you as the campaigner are offering the public the opportunity to enter into a contract with you. By funding or contributing fundraising campaign on Sanatan Board, you as the funder/contributor accept that offer and the contract between the campaigner and the funder/contributor. Sanatan Board is not a party to that agreement between the campaigner and the funder/contributor. All dealings are solely between Users.

Acceptance of Terms

The Service is offered subject to acceptance of all of the terms and conditions contained in these Terms of Use, including the Privacy Policy (that can be found on the website) mentioned in this document and all other operating rules, policies, and procedures that may be published on the Site, which are incorporated by reference and may be updated by the Site without notice to you. In addition, some Services offered through the Site may be subject to additional terms and conditions adopted by the Organization. Your use of those services is subject to those additional terms and conditions, which are incorporated into these Terms of Use by this Reference. The Services of the Site is available only to individuals who need their funds transferred to an Indian bank account. The Organization may, in its sole discretion, refuse to offer the Site’s services to any person or entity and change its eligibility criteria at any time. This provision is void where prohibited by law and the right to access the Site’s services is revoked in those jurisdictions.

Modification of Terms of Use

The Organization reserves the right, at its sole discretion, to modify or replace these Terms of Use, or change, suspend, or discontinue the Site and its services (including, but not limited to, the availability of any feature, database, or Content) at any time for any reason. The Organization may also impose limits on certain features and services or restrict your access to parts or all of the website without notice or liability. It is your responsibility to check the Terms of Use periodically for changes. Your continued use of the website following the posting of any changes to the Terms of Use constitutes acceptance of those changes.

Registration

You may view Content on the Site without registering, but as a condition of using certain aspects of the Site, you may be required to register with the Organization and it’s Site and create a User profile using a “User ID” and password. The Site also allows you to use your Face book profile as your login preference; however, the Site does not post or publish anything on your Face book profile without your permission. Also, please note that Face book has a standard login procedure, which you must follow as a user; Sanatan Board has no control over Face book’s login procedure. Additionally, you shall provide accurate, complete, and updated registration information. Failure to do so shall constitute a breach of the Terms of Use, which may result in immediate termination of your account. You shall not use as a User ID, domain name, or project name, any name or term that (i) is the name of another person, with the intent to impersonate that person; (ii) is subject to any rights of another person, without appropriate authorization; or (iii) is offensive, vulgar, or obscene. The Organization reserves the right in its sole discretion to refuse registration of or cancel a User ID, domain name, and project name. You are solely responsible for activity that occurs on your account and shall be responsible for maintaining the confidentiality of your password for the Site. You shall never use another User account without the other User’s expressed permission. You will immediately notify the Organization in writing of any unauthorized use of your account, or other known account-related security breach.

Fund transaction and accountability

The Site offers various payment gateways to facilitate transaction of funds for campaigns. However, it may be noted that the Site or the Organization:

  • Are not the final recipients of any funds from the contributors directly, but a service provider, which enables receipt of funds (both domestic and foreign) by campaign owners, who are the final recipient of funds
  • Collects the funds in the Organization bank account till the campaign is running for a time period chosen by the campaigner. And transfers the funds to the campaign’s bank account 15 days after the campaign’s time period has ended
  • Makes refunds after deducting necessary transaction fee to the contributor, who has chosen to get a refund in the event of a campaign not being able to raise it’s target amount
  • Does not generate contributions and contributors for a campaign
  • Does not guarantee that the target funds of a campaign will be raised fully
  • Does not offer the platform to users for investing in a project for the purpose of equity, loans/debt, or profit sharing

Terms and Conditions for Fundraisers (Those Who Want To Raise Funds)

General Conditions

  • You are solely responsible for utilizing the funds for the Purpose mentioned in our fund-raising page. The Organization is not responsible in any way whatsoever towards the end utilization of funds.
  • This fund-raising page on the Platform will be available to the general public for contributions for 25 days from the time You published the page on the Platform. You may or may not be able to raise the targeted amount in the designated period. The Organization at its sole discretion may extend the tenor of hosting or may remove this fund-raising page.
  • The Organization will not be responsible in any way whatsoever on the amount of contributions received.
  • The Organization will collect contributions online, and will provide the total amount to us. Therefore, you shall receive the funds in 29 days from the time you list the project. The Platform will provide us the list of contributors, and their respective contribution amount at the time of transfer of funds.
  • You understand that the funds are not owned by the Organization. You completely agree to the disbursement of funds after 29 days for the ease of operations.
  • In case of contributions received via Indian accounts or cards, the funds shall reach our registered bank account from the account of Sanatan Board (“Organization), a not-for-profit Organization registered under the Trust Registration Act, and with its operating office in Ghazipur, Uttar Pradesh, India
  • In case of contributions received via accounts or cards issued by the United States of America, the funds shall reach our registered bank account in the USA.
  • In case of contributions outside India, You have the necessary regulatory permissions to receive such funds, Such permissions include but are not limited to the Foreign Contributions Registration Act (FCRA), and others mandated my regulatory authorities.
  • Sanatan Board and the payment gateway will deduct their fees and applicable taxes before providing the funds to us.
  • If applicable, You shall issue Tax Rebate certificates for Indian contributions only to the extent of the monies received by us; i.e. the amount contributed minus the fees charged by Sanatan Board and the payment gateway. In such a scenario, the Platform has clearly mentioned to all Contributors about the availability of such funds
  • You hereby indemnify and agree to keep indemnified and hold safe and harmless the Sanatan Board, its Directors, employees and agents against all such liabilities or claims and also against any loss or damage that may arise on the Party, its Directors, employees and agents on account of acts of omission, utilization of funds by us on anything other than the stated Purpose, lack of necessary regulatory approvals for receipt of funds in any form or for carrying out the activities required for execution of the Purpose. The indemnities if any shall survive beyond the period of the Agreement.
  • In no event will the Organization be liable for any indirect, incidental or consequential damages (including loss of profit or business), howsoever arising, whether under contract, tort or otherwise, even if informed of the possibility of the same.
  • This Agreement shall be governed by and construed under the applicable laws of the Indian Union, and in respect of any suit, action or proceeding arising out of this Agreement to the jurisdiction of the courts of Bangalore, India only.
  • This Agreement shall be valid for a period of 180 days from the date of signature. The Organization may terminate the agreement at any point of time should it have material evidence of wrong utilization of funds, or absence of requisite regulatory approvals to raise funds or carry out the Purpose.

Fund transfer and management

Sanatan Board only enables the flow of funds from funders to campaigners and is not the final recipient of funds raised on its platform, unless running a proprietary crowd funding campaign. Sanatan Board deducts its transaction fees (including service tax) and transfers the net amount. If the campaigner has not met their funding goal, the transfer amount does not include the contributions chosen for a refund.

Foreign funds

Note for Ngoc: You have to be registered /approved with FCRA to be able to receive foreign donations. Else foreign contributions will be restricted on your campaign.

Taxation

Campaigners must bear any tax liabilities on the funds raised through Sanatan Board. These taxes may include, but are not limited to, income tax, VAT, and service tax applicable on the fund’s raised or on the procurement of rewards. Sanatan Board is not liable to provide any tax or legal advice to campaigners in addition to the information already provided in our FAQs section.

Project completion

While campaigners have full project ownership and the right to complete it, they are accountable and obliged to finish the project by the deadline they have set. Campaigners must also keep the funders updated about the work in progress in case of delays to avoid funder dissatisfaction. The Organization or the Site does not make any claims or guarantees on behalf of the campaigner regarding the completion of the project and usage of the funds raised solely for the purpose of the project. Similarly, the Organization or the Website does not take any responsibility for making sure that the project for which the funds are raised through its Site is completed and made available to the contributors. The contributors are free to get in touch with the campaign owner directly and solving any dispute that arises regarding the campaign or the project.

SANATAN BOARD branding & marketing

Campaigners must include Sanatan Board’s logo branding on all project and/or campaign related marketing collaterals, whether online or offline (e.g., online banners, offline flyers) as per Sanatan Board’s brand and logo guidelines. Sanatan Board should be credited as the project’s “Online Crowd funding Partner” at campaign or project related offline events. Also successful campaigners are obliged to attend and/or lead Sanatan Board branding & marketing activities such as events, ad videos, interviews, etc.

Campaign cancellation

Sanatan Board reserves the right to reject, cancel, interrupt, remove, or suspend a campaign at any time and for any reason. Sanatan Board is not liable for any damages as a result of any of those actions. Sanatan Board’s policy is not to comment on the reasons for any of those actions.

Sanatan Board’s rights

Sanatan Board reserves the right to make changes in its technology platform or crowd funding services at anytime as it sees fit with due notification to campaigners and other users. Sanatan Board will not tailor it’s offering to various campaigners. Users are requested to keep themselves updated with all changes on Sanatan Board’s platform and policies by regularly checking its FAQs or with the Organization directly.

The Organization will not have any ownership rights over your User Submissions and Content. However, the Organization will get the license to perform and market the Site on your behalf and on behalf of its other Users and itself. You grant to the Organization the worldwide, non-exclusive, perpetual, irrevocable, royalty-free, sublicense able, transferable right to (and to allow others acting on its behalf to) (i) use, edit, modify, prepare derivative works of, reproduce, host, display, stream, transmit, playback, trans code, copy, feature, market, sell, distribute, and otherwise fully exploit your User Submissions and your trademarks, service marks, slogans, logos, and similar proprietary rights (collectively, the “Trademarks”) in connection with (a) the Site, (b) the Organization’s (and its successors’ and assigns’) businesses, (c) promoting, marketing, and redistributing part or all of the Site (and derivative works thereof) or the service in any media formats and through any media channels (including, without limitation, third-party websites); (ii) take whatever other action is required to perform and market the Service; (iii) allow its Users to stream, transmit, playback, download, display, feature, distribute, collect, and otherwise use the User Submissions and Trademarks in connection with the Service; and (iv) use and publish, and permit others to use and publish, the User Submissions, Trademarks, names, likenesses, and personal and biographical materials of you and the members of your group, in connection with the provision or marketing of the Service. The foregoing license grant to the Organization does not affect your other ownership or license rights in your User Submissions, including the right to grant additional licenses to your User Submissions.

Third-Party Sites

The Site may permit campaign owners and users to link to other websites or resources on the Internet, and other websites or resources may contain links to the Site. When you access third-party websites, you do so at your own risk. Those other websites are not under the Organization’s control, and you acknowledge that the Organization is not liable for the content, functions, accuracy, legality, appropriateness, or any other aspect of those other websites or resources. The inclusion on another website of any link to the Site does not imply endorsement by or affiliation with the Organization

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