Terms of Service of Paras Defence and Space Technologies Limited

1. Introduction

Overview: These Terms of Service (“Terms”) govern the provision and use of products and services (the “Services”) offered by Paras Defence and Space Technologies Limited (“Company”, “we”, “us”), a leader in the Aerospace, Defence & Space Sector specializing in Optics & Optronic Systems and Defence Engineering, including Defence Electronics, EMP Protection Solutions and Heavy Engineering.

Acceptance: By using any of our Services, clients and users (“Users”, “you”) agree to be bound by these Terms.

2. Provision of Services

Scope of Services: We offer services in defense technology, including design and development of optics and optronic systems, engineering solutions and EMP protection systems.

Service Modification: We reserve the right to modify or discontinue any Service at our discretion without notice.

3. Use of Services

Compliance: Users agree to use our Services in compliance with all applicable laws and regulations and in a manner that does not infringe on our rights or the rights of others.

Restrictions: Users shall not reverse engineer, decompile or otherwise attempt to derive the source code or underlying ideas of any Service.

4. Intellectual Property

Ownership: All Services, including any related intellectual property rights such as patents, trademarks and copyrights, are the exclusive property of the Company.

Use of Material: Any material provided as part of the Services may not be used beyond the service's scope without written permission.

5. Confidentiality and Security

Confidential Information: All non-public information exchanged under these Terms is considered confidential. Users agree to maintain the confidentiality of this information.

Data Security: The Company employs advanced security measures to protect data and information under its control from unauthorized access, disclosure, alteration and destruction.

6. Liability and Indemnification

Liability Limitation: The Company’s liability in connection with the Services shall be limited to the maximum extent permitted by law.

Indemnification: Users agree to indemnify and hold harmless the Company from any claims, damages or expenses resulting from the Users' breach of these Terms.

7. Warranties and Disclaimers

Warranties: The Company warrants that the Services will be provided with reasonable care and skill.

Disclaimers: The Services are provided “as is” without any guarantees or warranties, express or implied, except as explicitly stated in these Terms.

8. Termination

Termination Rights: The Company reserves the right to terminate or suspend access to the Services for any breach of these Terms.

Effects of Termination: Upon termination, all rights granted to the User under these Terms will cease immediately.

9. Governing Law and Jurisdiction

Jurisdiction: These Terms shall be governed by and construed in accordance with the laws of India, and any disputes arising shall be subject to the exclusive jurisdiction of the courts of Mumbai, India.

10. General Provisions

Amendments: These Terms may be amended occasionally, with the revised Terms taking effect as of the publication date.

Severability: If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will remain in full force and effect.