The IBG ShareYaar Contest - Terms and Conditions

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The IBG ShareYaar Contest - Terms and Conditions





This competition titled "IBG SHAREYAAR CONTEST" is subject to the following terms & conditions ("T&C"), which may be updated by the Organisers from time to time without any prior notice to Participant (as defined below). If the Participant does not agree with these T & C, Participant is requested not to participate in the Competition. Participation in the Competition shall be deemed as the acceptance of the T & C by the Participant.




a. "Competition" means this competition titled as "IBG SHAREYAAR CONTEST" as organised by India Business Group (‘IBG’) and Cooperjal Limited hereinafter collectively referred to as ‘THE ORGANISERS’.


b. "Participant" shall mean the user, who is eligible to participate in the Competition and chooses to participate in the Competition.


c. "Judges" means the panel of judges appointed by IBG in their sole discretion, who shall have final authority to declare the winner of the Competition. The decision of Judges shall be final and binding on the Participant.


d. "Winner" shall mean the Participant who is declared as winner of the Competition as per the terms below.




a. This Competition is valid for users who are entitled to enter into any contract and are aged 18 years and above;


b. To participate in the Competition, the Participant has to download ShareYaar App on their mobile phone and post their answer to the question: ‘What value does India’s startup ecosystem gain from IBG?’              in no more than 101 words, in English, on the App as per the following instructions:


A.            Download ShareYaar App from;

B.            Email us your name and mobile number to and you will be joined to the ‘IBG ShareYaar Contest’ group on ShareYaar app;

C.            Once you have joined the ‘IBG ShareYaar Contest’ group on the app,  post your answer, in English, by 21st April 2018 on the app by going to ‘POST AN EVENT’ in the menu and entering the following details:

                a. Event Name:  IBG CONTEST - <YOURNAME>

                b. Start date and time: enter a time that is about 15 mins ahead of the current time

                c. end date and time: 25th April 2018, 4:00pm

                d. category: Select ‘PARTY’

                e. group: select ‘IBG ShareYaar Contest’ group

                f. enter your city, area and landmark

                g. add image: your photo

                h. free or paid: click on free

                i. Description – enter your answer here in no more than 101 words

                j. enter your email address

                k. click on agree terms and conditions and ‘create event’







There is no entry fee for participation in the Competition.




Competition shall start from 21st March 2018 and will conclude on 21st April 2018 ("Competition Period"). THE ORGANISERS reserve the right to extend or shorten the Competition Period at their sole discretion.




a.       the Judges will declare the winner. The decision of the Judges in Final.

b.       Result will be declared on 22nd April 2018. THE ORGANISERS reserve the right to change the time duration of the Competition and the date of announcement of the prize and winners.




a. THE ORGANISERS reserve the right to cancel / change any of the listed Competition prizes.


b. THE ORGANISERS reserve the right to change the quantity / denomination of the prizes as per their discretion.


c. Prize for the winning entry will one year’s membership of the India Business. The winner will not receive any money as a prize. There will be only one winner declared.


d. The winner shall be informed about his/her selection through email. THE ORGANISERS reserve the right of changing the notification mechanisms to the user.


e. The winner must provide necessary details and documents validating his/her identity in the event of him/her qualifying as a winner. In the event the selected winner does not provide the relevant documents (such as pan card, Aadhaar Card/identity proof, mobile no. ownership) as required by THE ORGANISERS, within a period of Thirty (30) days of intimation with regards to the same, THE ORGANISERS may, at their sole discretion, cancel the entitlement of the said winner and may award the prize to the second eligible participant. The winner agrees to abide by all rules and regulations of the IBG. The Participant agrees that any travel and accommodation expenses to attend any IBG events are to be borne soley by the Participant only.


f. THE ORGANISERS also reserve the right to change the prizes at any time during the campaign, in case the mentioned any of the mentioned prizes are not available but at the same time THE ORGANISERS will ensure that the winner gets other / alternate prize worth the winning amount.


g. THE ORGANISERS expressly disclaim all warranties of any kind, whether express or implied. Neither do THE ORGANISERS make any warranty that the prizes made available will meet your requirements, or the delivery of the prizes will be timely, secure, nor are THE ORGANISERS responsible for any damages done in transit.


h. All applicable taxes/duties/levies including GST, service tax or other applicable taxes on winning the Prize/s are applicable. All deductions (such as TDS), withholding tax, transfer fee, insurance, regulatory and statutory duties, cess, surcharges, taxes (including TDS), registration fees etc. that may be applicable to avail/use the Prize/s will be borne exclusively by the winner(s).


i. The prizes shall be subject to such other terms and conditions as may be applicable to specific prize(s) and shall have to be duly complied with by the winner.


j. The decision of THE ORGANISERS in respect of all prizes / transactions under this Competition shall be final and binding and no communication in this regard shall be entertained.




a. Participant acknowledge and agrees that THE ORGANISERS (jointly and individually) shall have irrevocable, worldwide, exclusive copyright and right to publish and commercially exploit answers submitted, through any medium and channel in perpetuity.


b. THE ORGANISERS (jointly and individually) shall also have right to use, publish and display, the Contestant's information, Contestant's picture, voice, video, statements, write up, story, articles, quotes etc.


c. The publication and exploitation rights as above mentioned include without limitation the publishing, advertising, trade, publicity and promotional in any media on any platform or medium whether online, offline, print, TV, Radio, electronic format etc.


d.  Participant shall ensure that their answer shall not contain any material which is offensive / derogatory / explicit / perverse to any specific race, gender or class of persons or degrading to public conscience or morals and / or is not in conformity with Indian sentiments; and shall not involve in any form of pilferage / plagiarism / infringement of third party rights. Participant understands and agrees that if any such instance comes to light, then the Participant alone would be responsible for defending and keeping THE ORGANISERS harmless from any legal action that may be initiated against THE ORGANISERS. THE ORGANISERS shall have the final decision on whether to publish an entry by any Participant and no communication in this regard shall be entertained.


e. Apart from the entitlement to the above Prize/s, the winner/s or their legal heirs will have no other rights or claims against THE ORGANISERS (either jointly or individually).


f. THE ORGANISERS reserve the right to terminate, modify or extend this Competition at any time at their absolute discretion, without notice to the Participant.


g. THE ORGANISERS shall not be responsible for any loss or damage if they have to discontinue or cancel this Competition in compliance with any law, ruling, order, circulars, notifications, regulation, requirement or instruction of any Central/State Government or for any other unavoidable reason beyond their control.


h. The participation in this Competition implies acceptance of all the terms and conditions of the Competition.


i. The decision of THE ORGANISERS as to the interpretation of any of these terms and conditions shall be final and binding on the Participant.


j. This Competition cannot be combined with any other offer or promotion currently being offered.


k. Any failure on the part of the winner to comply with directions issued by THE ORGANISERS, or in the event of any ambiguity / uncertainty / unavailability of the winner, THE ORGANISERS, in their own discretion will be entitled to cancel the Prize(s) for the said winner(s).


l. THE ORGANISERS reserve the right to change / modify the T&C at their own discretion and without any prior notice or assigning any reason or to withdraw /suspend or terminate the Competition. Therefore, Participants are advised to regularly check on for any amendment(s) or update(s) to the T&C. No correspondence in this regard shall be entertained.


m. Participant expressly agrees and acknowledges that Participant participates in the Competition at their sole risk and responsibility. That the Competition or service is provided on an "AS IS" and "AS AVAILABLE" basis. THE ORGANISERS expressly disclaim all warranties of any kind, whether express or implied. THE ORGANISERS (jointly or individually) shall not be responsible for sub-standard quality or any defects of any nature in the Prize supplied, including any damages done in transit. Any claim in respect of any Prize is a subject matter of the product / service provider providing services as Prize to the winners of the Competition and all enquiries for warranty / defect/ deficiency related claims or disputes shall be directly settled between the Winner and the service provider.


n. The Participant hereby agrees and undertakes not to hold THE ORGANISERS or any of their group entities or affiliates, their respective directors, officers, employees, agents, vendors, responsible for or liable for, any actions, claims, demands, losses, damages, costs, charges and expenses that the Participant may/might have suffered, sustained or incurred, or claims to suffer, sustain or incur, by way of and /or on account of participation in the Competition.


o. By participating in the Competition and/or accepting a prize, Participant agrees to defend, release and hold harmless THE ORGANISERS and subsidiaries, affiliates, divisions, advertising and promotion agencies, and the foregoing companies' officers, directors, shareholders, employees, representatives, agents and all others associated with the development and execution of the Competition (collectively the "Releases") from and against any actions, claims and/or liability for injury, loss or damage of any kind (including any for the violation or infringement of any proprietary or personal right of any individual or entity) resulting in whole or in part, directly or indirectly, from participation in the Campaign, and/or the use, acceptance, or possession of a Competition prize, participation in a Competition prize-related activity, and/or the publication of a submitted entry.


p. Participant agrees to indemnify, defend and hold harmless, THE ORGANISERS, its affiliates, successors, and assigns, and each of their respective investors, directors, officers, employees, agents, and suppliers (including distributors and content licensors) from and against any losses, claims, damages, liabilities, including legal fees and expenses, arising due to Participant's violation of these terms including but not limited to story, article, write up submitted with THE ORGANISERS, failures to attend the function, and/or your violation of any law, regulation or third party right, including without limitation any copyright, defamation, property, or privacy right.


q. THE ORGANISERS shall not be liable for any special, indirect or consequential loss or damage, loss of profits, business, revenue and/or goodwill. In the event, THE ORGANISERS (jointly or individually) are held liable for any damages, the aggregate liability of THE ORGANISERS under this competition shall be not be more than the value of prize won by the Participant. The aggregate liability of THE ORGANISERS, in case of any damage, loss, cost, claim, liability or expense (including legal costs and expenses) caused to or incurred by any act, omission or representation in respect of the gratification/s of this Competition to any individual winner, shall not exceed the value of Gratification won by the winner


r. All disputes arising out of or in connection with this Competition and/or terms and conditions as mentioned herein, which cannot be resolved amicably, shall be finally settled exclusively by the sole arbitrator to be appointed by THE ORGANISERS and as per the "Arbitration Act, 1996" of the United Kingdom (UK). The venue of the arbitration shall be London, England. The language of the arbitration proceedings shall be English. The decision of the arbitrator shall be final and binding upon the Parties. Subject to arbitration, these terms shall be governed as per UK Laws and subject to the exclusive jurisdiction of the courts at England.




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