Second Amendment of CIRP Notified

1. Eligibility Criteria:
   • Membership is open exclusively to Insolvency Professionals (IPs) registered with the Insolvency and Bankruptcy Board of India (IBBI).
   • If your IBBI registration is terminated or surrendered, you must notify IP Net within 7 days. Your IP Net membership will be automatically reviewed and may be subject to termination.
2. Application Process:
   • By submitting the membership application form, you certify that all information provided is accurate and complete. Any false or misleading information may result in the rejection of your application or termination of your membership.
   • Membership approval is at the sole discretion of IP Net, and we reserve the right to accept or reject any application without providing a reason.
3. Membership Fees:
   • Membership to IP Net is currently offered free of charge. However, IP Net reserves the right to introduce membership fees in the future, with prior notice given to all members.
   • Any future fees will be clearly communicated, and members will have the option to renew their membership under the new terms.
4. Use of Information:
   • By becoming a member of IP Net, you agree to the use of your personal and professional information by IP Net and Tranzission for various purposes, including but not limited to communication, newsletters, event invitations, promotional activities, research, and analysis.
   • IP Net and Tranzission may share your information with third-party partners for collaboration purposes, while ensuring compliance with applicable data protection laws.
   • You may request to update or correct your information at any time by contacting IP Net’s support team.
5. Code of Conduct:
   • Members are expected to uphold the highest standards of professionalism and integrity in all interactions within the IP Net community, including in-person meetings, online forums, and communication channels.
   • Harassment, discrimination, or any form of unethical behavior will not be tolerated and may result in immediate termination of membership.
6. WhatsApp Group Etiquettes:
   • IP Net provides a WhatsApp group for members to facilitate communication and networking. Members are expected to:
     • Engage in respectful and constructive discussions.
     • Avoid sharing irrelevant or promotional content unless explicitly permitted by the group admin.
     • Refrain from forwarding chain messages, unsolicited invitations, or any form of spam.
     • Report any inappropriate behavior to the group admin.
   • IP Net reserves the right to remove members from the WhatsApp group for non-compliance with these etiquettes.
7. Use of IP Net Logo:
   • Members are not authorized to use the IP Net logo or branding on their business cards, websites, marketing materials, or any other collateral without prior written permission from IP Net.
   • When permission is granted, the use of the IP Net logo must adhere strictly to the guidelines provided, including size, placement, and context.
   • The IP Net logo cannot be used in any public-facing materials, including webinars, presentations, or publications, unless specifically approved by IP Net in writing.
8. Confidentiality:
   • As a member of IP Net, you may have access to confidential information, including but not limited to strategic plans, member data, and proprietary research. You agree to keep such information confidential and not to disclose it to any third party without the explicit consent of IP Net.
   • This obligation of confidentiality extends beyond the termination of your membership.
9. Termination of Membership:
   • IP Net reserves the right to terminate your membership at any time for violations of these terms and conditions, misconduct, or any actions that may harm the reputation or interests of IP Net.
   • You may voluntarily terminate your membership by providing written notice to IP Net. Upon termination, all rights and privileges associated with membership will cease.
10. Limitation of Liability:
    • IP Net and Tranzission shall not be liable for any direct, indirect, incidental, or consequential damages arising out of or related to your membership, participation in events, or use of any information provided by IP Net.
    • Membership in IP Net does not confer any legal rights or entitlements beyond those expressly stated in these terms and conditions.
11. Governing Law and Jurisdiction:
    • These terms and conditions are governed by and construed in accordance with the laws of India.
    • Any disputes arising out of or related to your membership in IP Net shall be subject to the exclusive jurisdiction of the courts in New Delhi.
12. Amendments to Terms and Conditions:
    • IP Net reserves the right to amend or update these terms and conditions at any time. Members will be notified of any significant changes via email or other communication channels.
    • Continued membership following the notification of changes constitutes your acceptance of the amended terms and conditions.
13. Miscellaneous:
    • These terms and conditions constitute the entire agreement between you and IP Net concerning your membership and supersede any prior agreements or understandings.
    • If any provision of these terms and conditions is found to be invalid or unenforceable, the remaining provisions will continue in full force and effect.

By submitting the membership form, you acknowledge that you have read, understood, and agree to abide by these terms and conditions.