Lawyaar Coin Terms

Effective Date: 1 December 2024

 

These Lawyaar Coin Terms (“Coin Terms”) govern the use of Lawyaar Coin, a closed-loop prepaid balance offered on the Lawyaar platform. These Coin Terms must be read together with the Terms of Use and Privacy Policy of Lawyaar (collectively, the “General Terms”). In the event of any conflict, these Coin Terms shall prevail only with respect to Lawyaar Coin.

By using Lawyaar Coin, you agree to be bound by these Coin Terms.

 

1. Lawyaar Coin – At a Glance (Important):

 

  • Lawyaar Coin is a closed-loop prepaid instrument

  • Denominated in Indian Rupees (INR)

  • Usable only on the Lawyaar platform

  • Not redeemable for cash

  • Not transferable

  • Not a deposit, credit facility, or stored value account

  • Issued and managed in compliance with applicable Indian laws

 

2. Definitions:

 

  • Account: Your registered Lawyaar user account

  • Lawyaar Coin (LWC): A prepaid INR balance electronically recorded against your Account

  • Transaction: Purchase of services offered by independent professionals through the platform

  • Payment Method: Approved methods used to load Lawyaar Coin

  • User / You: The holder of a Lawyaar Account

 

3. Nature of Lawyaar Coin (Regulatory Clarification):

 

Lawyaar Coin is a closed-loop prepaid instrument usable exclusively for services offered on the Lawyaar platform.

Accordingly:

  • Lawyaar Coin does not constitute e-money, deposit, or wallet under RBI PPI regulations

  • No interest accrues on Lawyaar Coin

  • Lawyaar Coin cannot be withdrawn, transferred, gifted, or exchanged for cash

By loading Lawyaar Coin, you acknowledge that you are prepaying for future services, not depositing funds.

 

4. Eligibility & Account Requirement:

 

To use Lawyaar Coin:

  • You must have an active Lawyaar Account

  • You must be 18 years or older

  • Your account information must be accurate and verified

Lawyaar may restrict or suspend Lawyaar Coin usage if verification requirements are not met.

 

5. Loading Lawyaar Coin:

 

You may load Lawyaar Coin using approved Payment Methods, including:

  • Debit cards

  • Credit cards

  • UPI / net banking

  • Other methods made available from time to time

Important:

  • Lawyaar does not store card or banking details

  • Payments are processed via RBI-regulated payment gateways

  • Loading limits may apply as per applicable law or internal risk controls

Lawyaar reserves the right to refuse or limit reloads to comply with legal, technical, or risk requirements.

 

6. Use of Lawyaar Coin:

 

  • Lawyaar Coin may be used only for Transactions on the Lawyaar platform

  • Applicable taxes and service charges form part of the Transaction value

  • Lawyaar Coin balances shown in your Account are final and conclusive

Lawyaar does not charge any fee solely for holding Lawyaar Coin.

 

7. Underpayments & Negative Balance:

 

In limited circumstances (technical failure, payment rejection, or cash shortfall), a Transaction may result in a temporary negative balance.

Clarifications:

  • No interest, penalty, or fee is charged on negative balances

  • A negative balance does not constitute credit or lending

  • The negative balance will be adjusted against your next Transaction

Once the permitted negative limit is reached, further bookings may be restricted until settlement.

 

8. Expiry of Lawyaar Coin:

 

8.1 Paid Lawyaar Coin

  • Paid Lawyaar Coin shall have a minimum validity of 180 days

  • Expiry details will be clearly displayed in your Account

  • Unused paid Lawyaar Coin after expiry will lapse

8.2 Promotional / Bonus Lawyaar Coin

  • Promotional Lawyaar Coin may have shorter validity

  • Expiry terms will be communicated at the time of issuance

  • Promotional credits lapse automatically upon expiry

Lawyaar will provide reasonable notice before expiry wherever practicable.

 

9. Non-Transferability:

 

Lawyaar Coin:

  • Cannot be transferred between users

  • Cannot be sold, gifted, or assigned

  • Cannot be used outside the Lawyaar platform

Any attempt to misuse Lawyaar Coin may result in suspension or forfeiture.

 

10. Fraud Prevention, KYC & AML:

 

To ensure platform integrity and comply with applicable laws:

  • Lawyaar may conduct identity verification and fraud checks

  • You may be required to update or verify information periodically

  • Access to Lawyaar Coin may be suspended until verification is completed

Lawyaar reserves the right to reverse or void Lawyaar Coin balances obtained through fraudulent or unlawful means.

 

11. Unauthorized Use:

 

You must notify Lawyaar immediately if:

  • Your Account is compromised

  • Lawyaar Coin is misused or accessed without authorization

Lawyaar is not responsible for losses caused by unauthorized access resulting from user negligence.

 

12. Data Protection & DPDP Compliance:

 

Lawyaar acts as a Data Fiduciary under the Digital Personal Data Protection Act, 2023.

Personal data collected for Lawyaar Coin usage is processed solely for:

  • Transaction processing

  • Fraud prevention

  • Legal compliance

  • Customer support

Your rights are detailed in the Privacy Policy, including access, correction, deletion, and grievance redressal.

 

13. Suspension & Forfeiture:

 

Lawyaar may suspend or forfeit Lawyaar Coin where:

  • Fraud or misuse is detected

  • Legal or regulatory compliance requires action

  • These Coin Terms or General Terms are violated

Any action taken will be reasonable and proportionate.

 

14. Modification of Coin Terms:

 

Lawyaar may update these Coin Terms from time to time.

  • Material changes will be notified on the platform

  • Continued use after updates constitutes acceptance

 

15. Limitation of Liability:

 

To the maximum extent permitted by law:

  • Lawyaar shall not be liable for indirect or consequential losses

  • Liability, if any, shall not exceed the Lawyaar Coin balance actually used in dispute

 

16. Governing Law & Jurisdiction:

 

These Coin Terms are governed by the laws of India.
Courts at Kolkata, West Bengal, shall have exclusive jurisdiction.

 

17. Contact & Grievance Redressal:

 

For Lawyaar Coin related concerns:

📧 Email: help@lawyaar.in
📞 Phone: 033-6902-8623
⏱ Response Time: Within 7 working days