Terms & Conditions

Terms and Conditions for Team Ownership in IFI Season 1

1.Eligibility

  • Only corporate entities, institutions, or eligible individuals with the financial capability to own an IFI team are permitted to apply for team ownership.
  • Applicants must provide accurate and verifiable details during registration.

2.Registration Process

  • Applicants must complete the registration form available on the official IFI website.
  • Successful registrants will receive exclusive updates and admin access for team-related activities.

3.Team Ownership

  • Team ownership is confirmed upon entering into a formal agreement with IFI and fulfilling the payment obligations.
  • Owners will hold exclusive rights to their respective teams, subject to adherence to IFIs rules and regulations.

4.Payment Terms

  • Applicants must complete the payment for team ownership within the time frame specified in the formal agreement.
  • Payments must be made through the designated payment methods on the IFI platform.

5.Exclusivity

  • Only five teams will be available for ownership in Season 1.
  • Once all teams are sold, no further team ownership opportunities will be offered for that season.

6.Use of Brand and Marketing

  • Team owners are granted the right to use the IFI brand and logo for team marketing, subject to prior approval from IFI.
  • All marketing activities must comply with IFIs branding guidelines and ethical standards.

7.Compliance and Responsibilities

  • Team owners must ensure compliance with all applicable laws and regulations, including SEBI and other legal requirements.
  • Any misuse of the IFI brand or unethical practices will result in immediate termination of team ownership.

8.Disputes and Disqualifications

  • IFI reserves the right to disqualify any team owner who breaches the terms or engages in unethical or illegal conduct.
  • Any disputes arising from the ownership process will be resolved by IFI in accordance with applicable laws.

9.Transparency and Fairness

  • IFI commits to conducting the team ownership process transparently and fairly.
  • Any fraudulent or misleading actions will result in immediate disqualification.

10.Changes to Terms

  • IFI reserves the right to modify these terms and conditions at any time.
  • All changes will be communicated to registered team owners.

11.Governing Law and Jurisdiction

  • These terms and conditions are governed by the laws of India.
  • Any disputes will be subject to the exclusive jurisdiction of courts in Delhi.