Terms & Conditions

1. Acceptance of Terms

By accessing or using asvik.co.in or any of our services, you confirm that you:

• Have read, understood, and agree to these Terms in full
• Are at least 18 years of age and have the legal capacity to enter into contracts
• If acting on behalf of a company, have the authority to bind that organisation to these Terms

2. Services Description

Asvik Systems provides technology services including but not limited to:

• Custom software development (web, mobile, and enterprise applications)
• Data analytics, data science, and AI/ML solutions
• Generative AI integration and consulting
• Digital marketing services
• IT outsourcing and staff augmentation
• Technology strategy and consulting

Specific scope, deliverables, timelines, and commercial terms for any engagement are governed by a separate Master Service Agreement (MSA) and Statement of Work (SOW). In case of conflict, the MSA/SOW takes precedence for commercial engagements.

3. Intellectual Property Rights

3.1 Asvik Systems Property

All content on this website — including text, graphics, logos, icons, images, code, and design — is the exclusive intellectual property of Asvik Systems and is protected by applicable copyright, trademark, and IP laws. You may not reproduce, distribute, or modify any content without our prior written consent.

3.2 Client Project Deliverables

Upon full payment of all amounts due, Asvik Systems assigns to the Client all intellectual property rights in custom deliverables developed specifically for that Client under an executed SOW. This excludes:

• Asvik Systems’ proprietary frameworks, tools, libraries, and methodologies
• Open-source components (governed by their respective licences)
• Pre-existing Asvik Systems IP incorporated into deliverables (licensed, not assigned)

4. Client Obligations

• Provide accurate, complete, and timely information required for service delivery
• Make timely payments in accordance with agreed payment schedules
• Designate an authorised point of contact for project communications
• Review and provide feedback on deliverables within agreed timeframes
• Not use our services for any illegal, harmful, or unethical purpose

5. Payment Terms

5.1 Fees and Invoicing

• Invoices are payable within 30 days of the invoice date
• Fixed-price projects require a 30% advance payment before commencement
• Time-and-materials engagements are invoiced monthly in arrears
• All prices are exclusive of applicable taxes (GST, withholding tax, VAT, etc.)

5.2 Late Payments

Overdue invoices accrue interest at 1.5% per month on the outstanding balance. Asvik Systems reserves the right to suspend services for accounts more than 45 days overdue.

6. Confidentiality

Both parties agree to keep all Confidential Information strictly confidential, use it only to fulfil their obligations, and disclose it only to employees or advisors who need to know and are bound by equivalent confidentiality obligations. Exceptions apply for information that is publicly known, independently developed, or required by law to be disclosed.

7. Warranties and Representations

7.1 Asvik Systems Warranties

• Services will be performed by qualified professionals in a workmanlike manner
• We have the rights and authority to provide the services described
• Deliverables will substantially conform to agreed specifications for 90 days post-delivery

7.2 Disclaimer

EXCEPT AS SET FORTH IN SECTION 7.1, ALL SERVICES AND WEBSITE CONTENT ARE PROVIDED “AS IS” WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED.

8. Limitation of Liability

• Asvik Systems’ total aggregate liability shall not exceed fees paid for the specific service in the 12 months preceding the claim
• Neither party shall be liable for indirect, incidental, special, or consequential damages, even if advised of their possibility

9. Term and Termination

9.1 Termination for Convenience

Either party may terminate with 30 days’ written notice. The Client shall pay for all work completed through the termination date plus any non-cancellable third-party costs.

9.2 Termination for Cause

Either party may terminate immediately if the other party materially breaches these Terms and fails to cure within 15 days of written notice, becomes insolvent, or engages in fraudulent conduct.

10. Force Majeure

Neither party shall be liable for delays due to circumstances beyond their reasonable control, including natural disasters, pandemics, government actions, or internet outages. The affected party must promptly notify the other and use reasonable efforts to resume performance as soon as practicable.

11. Governing Law and Dispute Resolution

These Terms are governed by the laws of India. The courts of Hyderabad, Telangana, India shall have exclusive jurisdiction. Before initiating legal proceedings, both parties agree to attempt good-faith negotiation for 30 days, followed by non-binding mediation under the Indian Arbitration and Conciliation Act, 2015.

12. General Provisions

• Entire Agreement: These Terms, together with any applicable MSA/SOW, constitute the entire agreement between the parties
• Severability: If any provision is found unenforceable, the remaining provisions remain in full force
• Waiver: Failure to enforce any right shall not constitute a waiver of future enforcement
• Assignment: You may not assign your rights without our prior written consent
• Amendments: We reserve the right to update these Terms at any time; continued use constitutes acceptance

13. Contact Us