AZAD PARIVAAR™
CLARITY · DISCIPLINE · FINANCIAL FREEDOM
ACCESSIBILITY STATEMENT
AZAD PARIVAAR™ (trade name of Prateek Singh, SEBI Registered Investment Adviser, Reg. No. INA000020077, BSE Enlistment No. 2254) is committed to making this website and its digital content accessible to all users, including persons with disabilities.
Effective Date: 21 MAY 2026
Last Updated: 21 MAY 2026
1. PREAMBLE
Prateek Singh, operating under the trade name AZAD PARIVAAR™ ("we," "us," "the Adviser"), is a SEBI Registered Investment Adviser. This Refund Policy sets out the conditions under which fees paid for our advisory services may be refunded, the breakage charges that may apply, and the timelines for processing refunds.
This Policy applies to two advisory services:
- Strategic Wealth Diagnostic — a one-time, fixed-fee advisory session
- AZAD PARIVAAR™ ELITE Advisory Partnership — an ongoing, annual advisory retainer
The refund terms below are extracted from the Letter of Engagement (LOE) executed with each Client. In the event of any inconsistency between this Policy and an executed LOE, the LOE prevails for that Client.
All refund terms are governed by Clause 7 of the SEBI-prescribed Most Important Terms and Conditions (MITC), under which the Adviser is entitled to retain a maximum breakage fee not exceeding one-quarter (25%) of the fee paid in advance for the unexpired period.
2. STRATEGIC WEALTH DIAGNOSTIC — REFUND TERMS
The Diagnostic is a one-time ₹35,000 (inclusive of GST) engagement comprising a 90-minute structured session and a personalised Investment Plan & Roadmap deliverable.
2.1 CLIENT-INITIATED CANCELLATION
Cancellation received forty-eight (48) hours or more before the scheduled session: full refund of the fee paid.
Cancellation received within forty-eight (48) hours of the scheduled session: twenty-five percent (25%) of the fee shall be retained as the maximum permitted breakage fee under SEBI MITC Clause 7. The balance shall be refunded.
No-show on the day of the session, without prior notice: no refund.
2.2 CLIENT-INITIATED RESCHEDULING
The Client may reschedule the session once without penalty, provided notice is given at least forty-eight (48) hours before the scheduled session. Further rescheduling shall be treated as a cancellation under §2.1.
2.3 ADVISER-INITIATED CANCELLATION
Where the Adviser is unable to conduct the scheduled session due to illness, emergency, force majeure, or any other unforeseen circumstance, the session shall be rescheduled to a mutually agreed date within thirty (30) days, or — at the Client's option — the full fee shall be refunded.
2.4 POST-SESSION
Once the session has been conducted and the Investment Plan & Roadmap has been delivered, the engagement stands fulfilled. No refund is applicable thereafter.
3. ELITE ADVISORY PARTNERSHIP — REFUND TERMS
The ELITE Partnership is a twelve (12) month ongoing advisory engagement with fees payable in two equal half-yearly instalments (H1: Months 1–6 paid at Agreement execution; H2: Months 7–12 paid at the start of Month 7), or in a single annual payment by mutual agreement.
3.1 CLIENT-INITIATED TERMINATION
The Client may terminate the engagement at any time with thirty (30) days written notice.
For terminations occurring within the H1 period (Months 1–6): a pro-rata refund shall be processed for the unexpired portion of H1, less a breakage fee not exceeding twenty-five percent (25%) of the H1 fee paid in advance.
For terminations occurring within the H2 period (Months 7–12): a pro-rata refund shall be processed for the unexpired portion of H2, less a breakage fee not exceeding twenty-five percent (25%) of the H2 fee paid in advance.
3.2 ADVISER-INITIATED TERMINATION
Where the Adviser terminates the engagement with thirty (30) days written notice, the Client shall receive a full pro-rata refund for the unexpired period of the current half-year. No breakage fee shall be deducted in this circumstance.
3.3 AUTOMATIC TERMINATION
The Agreement terminates automatically upon cancellation of the Adviser's SEBI registration. In such event, a pro-rata refund shall be processed for the unexpired period of the current half-year, calculated to the effective date of termination.
4. SPECIAL CIRCUMSTANCES
4.1 DEATH OR DISABILITY OF THE CLIENT
Strategic Wealth Diagnostic — pre-session: The full fee paid shall be refunded to the Client's estate or designated representative, less applicable transaction charges, within fifteen (15) working days of receipt of notification and supporting documentation (death certificate or medical incapacity certificate as applicable).
Strategic Wealth Diagnostic — post-session, pre-delivery: The Investment Plan & Roadmap shall be delivered to the designated representative. No refund applicable.
ELITE Partnership — mid-engagement: A pro-rata refund of any fees paid in advance for the unexpired period of the current half-year shall be processed within fifteen (15) working days of receipt of notification and supporting documentation, less a breakage fee not exceeding twenty-five percent (25%) of the fee paid in advance for that period, in accordance with SEBI MITC Clause 7.
The surviving family member or designated representative may, at their option, choose to continue the ELITE engagement for the remainder of the validity period in accordance with the LOE; in such case, no refund or fee adjustment applies.
4.2 DEATH OR DISABILITY OF THE ADVISER
In the event of death or disability of the Adviser, the Agreement stands terminated and the designated Obligor (as named in the executed LOE) shall coordinate settlement of any outstanding pro-rata refund, transition the Client to an alternative registered Investment Adviser if the Client so wishes, and address any outstanding grievances.
4.3 FORCE MAJEURE
Neither party shall be liable for delays in performance caused by events beyond reasonable control, including but not limited to pandemic, natural disaster, government action, or regulatory directive. In such cases, the parties shall endeavour to reschedule services or — where reasonable rescheduling is not possible — process refunds in accordance with the relevant section above.
5. REFUND MECHANICS
5.1 PAYMENT MODE FOR REFUND
Refunds shall be processed through the same payment channel as the original fee payment (online bank transfer, UPI, or cheque), unless mutually agreed otherwise in writing.
Cash refunds are not permitted, in accordance with SEBI-prescribed payment modes for Investment Advisers.
5.2 PROCESSING TIMELINE
Refunds shall be processed within fifteen (15) working days of receipt of a valid refund request together with any supporting documentation required.
Where a refund is delayed beyond this period, the Adviser shall communicate the reason for delay in writing and confirm the revised expected processing date.
5.3 STATUTORY DEDUCTIONS
Refund amounts may be subject to deduction of applicable transaction charges levied by the payment processor or bank, and any statutory deductions required by applicable law. Goods and Services Tax (GST) shall be refunded to the extent permitted under prevailing GST law.
6. HOW TO REQUEST A REFUND
A refund request may be raised by writing to grievance@azadparivaar.com with the following information:
- Full name as on the executed Letter of Engagement
- Date of Agreement execution
- Service (Diagnostic / ELITE)
- Reason for refund request
- Supporting documentation (where applicable — for example, death or medical incapacity certificate)
The Adviser shall acknowledge receipt within one (1) working day, confirm eligibility within five (5) working days, and process the refund within fifteen (15) working days from confirmation of eligibility.
7. GRIEVANCE REDRESSAL
Any concern regarding the application of this Refund Policy may be raised through the standard grievance redressal channel:
Step 1 — Direct contact with the Adviser at grievance@azadparivaar.com (acknowledgement within one working day; resolution within twenty-one calendar days).
Step 2 — SEBI SCORES portal at scores.sebi.gov.in if the Client is not satisfied with the resolution.
Step 3 — SEBI Online Dispute Resolution at smartodr.in if the matter remains unresolved.
8. REVIEW
This Refund Policy is reviewed at least annually, and sooner upon any material amendment to the SEBI (Investment Advisers) Regulations, 2013, the SEBI MITC, or any relevant SEBI / BSE circular affecting fee or refund practices. The latest version is always available on this page.
REFUND POLICY
Effective Date: 21 MAY 2026
Last Updated: 21 MAY 2026
1. PREAMBLE
Prateek Singh, operating under the trade name AZAD PARIVAAR™ ("we," "us," "the Adviser"), is a SEBI Registered Investment Adviser. This Refund Policy sets out the conditions under which fees paid for our advisory services may be refunded, the breakage charges that may apply, and the timelines for processing refunds.
This Policy applies to two advisory services:
- Strategic Wealth Diagnostic — a one-time, fixed-fee advisory session
- AZAD PARIVAAR™ ELITE Advisory Partnership — an ongoing, annual advisory retainer
The refund terms below are extracted from the Letter of Engagement (LOE) executed with each Client. In the event of any inconsistency between this Policy and an executed LOE, the LOE prevails for that Client.
All refund terms are governed by Clause 7 of the SEBI-prescribed Most Important Terms and Conditions (MITC), under which the Adviser is entitled to retain a maximum breakage fee not exceeding one-quarter (25%) of the fee paid in advance for the unexpired period.
2. STRATEGIC WEALTH DIAGNOSTIC — REFUND TERMS
The Diagnostic is a one-time ₹35,000 (inclusive of GST) engagement comprising a 90-minute structured session and a personalised Investment Plan & Roadmap deliverable.
2.1 CLIENT-INITIATED CANCELLATION
Cancellation received forty-eight (48) hours or more before the scheduled session: full refund of the fee paid.
Cancellation received within forty-eight (48) hours of the scheduled session: twenty-five percent (25%) of the fee shall be retained as the maximum permitted breakage fee under SEBI MITC Clause 7. The balance shall be refunded.
No-show on the day of the session, without prior notice: no refund.
2.2 CLIENT-INITIATED RESCHEDULING
The Client may reschedule the session once without penalty, provided notice is given at least forty-eight (48) hours before the scheduled session. Further rescheduling shall be treated as a cancellation under §2.1.
2.3 ADVISER-INITIATED CANCELLATION
Where the Adviser is unable to conduct the scheduled session due to illness, emergency, force majeure, or any other unforeseen circumstance, the session shall be rescheduled to a mutually agreed date within thirty (30) days, or — at the Client's option — the full fee shall be refunded.
2.4 POST-SESSION
Once the session has been conducted and the Investment Plan & Roadmap has been delivered, the engagement stands fulfilled. No refund is applicable thereafter.
3. ELITE ADVISORY PARTNERSHIP — REFUND TERMS
The ELITE Partnership is a twelve (12) month ongoing advisory engagement with fees payable in two equal half-yearly instalments (H1: Months 1–6 paid at Agreement execution; H2: Months 7–12 paid at the start of Month 7), or in a single annual payment by mutual agreement.
3.1 CLIENT-INITIATED TERMINATION
The Client may terminate the engagement at any time with thirty (30) days written notice.
For terminations occurring within the H1 period (Months 1–6): a pro-rata refund shall be processed for the unexpired portion of H1, less a breakage fee not exceeding twenty-five percent (25%) of the H1 fee paid in advance.
For terminations occurring within the H2 period (Months 7–12): a pro-rata refund shall be processed for the unexpired portion of H2, less a breakage fee not exceeding twenty-five percent (25%) of the H2 fee paid in advance.
3.2 ADVISER-INITIATED TERMINATION
Where the Adviser terminates the engagement with thirty (30) days written notice, the Client shall receive a full pro-rata refund for the unexpired period of the current half-year. No breakage fee shall be deducted in this circumstance.
3.3 AUTOMATIC TERMINATION
The Agreement terminates automatically upon cancellation of the Adviser's SEBI registration. In such event, a pro-rata refund shall be processed for the unexpired period of the current half-year, calculated to the effective date of termination.
4. SPECIAL CIRCUMSTANCES
4.1 DEATH OR DISABILITY OF THE CLIENT
Strategic Wealth Diagnostic — pre-session: The full fee paid shall be refunded to the Client's estate or designated representative, less applicable transaction charges, within fifteen (15) working days of receipt of notification and supporting documentation (death certificate or medical incapacity certificate as applicable).
Strategic Wealth Diagnostic — post-session, pre-delivery: The Investment Plan & Roadmap shall be delivered to the designated representative. No refund applicable.
ELITE Partnership — mid-engagement: A pro-rata refund of any fees paid in advance for the unexpired period of the current half-year shall be processed within fifteen (15) working days of receipt of notification and supporting documentation, less a breakage fee not exceeding twenty-five percent (25%) of the fee paid in advance for that period, in accordance with SEBI MITC Clause 7.
The surviving family member or designated representative may, at their option, choose to continue the ELITE engagement for the remainder of the validity period in accordance with the LOE; in such case, no refund or fee adjustment applies.
4.2 DEATH OR DISABILITY OF THE ADVISER
In the event of death or disability of the Adviser, the Agreement stands terminated and the designated Obligor (as named in the executed LOE) shall coordinate settlement of any outstanding pro-rata refund, transition the Client to an alternative registered Investment Adviser if the Client so wishes, and address any outstanding grievances.
4.3 FORCE MAJEURE
Neither party shall be liable for delays in performance caused by events beyond reasonable control, including but not limited to pandemic, natural disaster, government action, or regulatory directive. In such cases, the parties shall endeavour to reschedule services or — where reasonable rescheduling is not possible — process refunds in accordance with the relevant section above.
5. REFUND MECHANICS
5.1 PAYMENT MODE FOR REFUND
Refunds shall be processed through the same payment channel as the original fee payment (online bank transfer, UPI, or cheque), unless mutually agreed otherwise in writing.
Cash refunds are not permitted, in accordance with SEBI-prescribed payment modes for Investment Advisers.
5.2 PROCESSING TIMELINE
Refunds shall be processed within fifteen (15) working days of receipt of a valid refund request together with any supporting documentation required.
Where a refund is delayed beyond this period, the Adviser shall communicate the reason for delay in writing and confirm the revised expected processing date.
5.3 STATUTORY DEDUCTIONS
Refund amounts may be subject to deduction of applicable transaction charges levied by the payment processor or bank, and any statutory deductions required by applicable law. Goods and Services Tax (GST) shall be refunded to the extent permitted under prevailing GST law.
6. HOW TO REQUEST A REFUND
A refund request may be raised by writing to grievance@azadparivaar.com with the following information:
- Full name as on the executed Letter of Engagement
- Date of Agreement execution
- Service (Diagnostic / ELITE)
- Reason for refund request
- Supporting documentation (where applicable — for example, death or medical incapacity certificate)
The Adviser shall acknowledge receipt within one (1) working day, confirm eligibility within five (5) working days, and process the refund within fifteen (15) working days from confirmation of eligibility.
7. GRIEVANCE REDRESSAL
Any concern regarding the application of this Refund Policy may be raised through the standard grievance redressal channel:
Step 1 — Direct contact with the Adviser at grievance@azadparivaar.com (acknowledgement within one working day; resolution within twenty-one calendar days).
Step 2 — SEBI SCORES portal at scores.sebi.gov.in if the Client is not satisfied with the resolution.
Step 3 — SEBI Online Dispute Resolution at smartodr.in if the matter remains unresolved.
8. REVIEW
This Refund Policy is reviewed at least annually, and sooner upon any material amendment to the SEBI (Investment Advisers) Regulations, 2013, the SEBI MITC, or any relevant SEBI / BSE circular affecting fee or refund practices. The latest version is always available on this page.
REFUND POLICY
Effective Date: 21 MAY 2026
Last Updated: 21 MAY 2026
1. PREAMBLE
Prateek Singh, operating under the trade name AZAD PARIVAAR™ ("we," "us," "the Adviser"), is a SEBI Registered Investment Adviser. This Refund Policy sets out the conditions under which fees paid for our advisory services may be refunded, the breakage charges that may apply, and the timelines for processing refunds.
This Policy applies to two advisory services:
- Strategic Wealth Diagnostic — a one-time, fixed-fee advisory session
- AZAD PARIVAAR™ ELITE Advisory Partnership — an ongoing, annual advisory retainer
The refund terms below are extracted from the Letter of Engagement (LOE) executed with each Client. In the event of any inconsistency between this Policy and an executed LOE, the LOE prevails for that Client.
All refund terms are governed by Clause 7 of the SEBI-prescribed Most Important Terms and Conditions (MITC), under which the Adviser is entitled to retain a maximum breakage fee not exceeding one-quarter (25%) of the fee paid in advance for the unexpired period.
2. STRATEGIC WEALTH DIAGNOSTIC — REFUND TERMS
The Diagnostic is a one-time ₹35,000 (inclusive of GST) engagement comprising a 90-minute structured session and a personalised Investment Plan & Roadmap deliverable.
2.1 CLIENT-INITIATED CANCELLATION
Cancellation received forty-eight (48) hours or more before the scheduled session: full refund of the fee paid.
Cancellation received within forty-eight (48) hours of the scheduled session: twenty-five percent (25%) of the fee shall be retained as the maximum permitted breakage fee under SEBI MITC Clause 7. The balance shall be refunded.
No-show on the day of the session, without prior notice: no refund.
2.2 CLIENT-INITIATED RESCHEDULING
The Client may reschedule the session once without penalty, provided notice is given at least forty-eight (48) hours before the scheduled session. Further rescheduling shall be treated as a cancellation under §2.1.
2.3 ADVISER-INITIATED CANCELLATION
Where the Adviser is unable to conduct the scheduled session due to illness, emergency, force majeure, or any other unforeseen circumstance, the session shall be rescheduled to a mutually agreed date within thirty (30) days, or — at the Client's option — the full fee shall be refunded.
2.4 POST-SESSION
Once the session has been conducted and the Investment Plan & Roadmap has been delivered, the engagement stands fulfilled. No refund is applicable thereafter.
3. ELITE ADVISORY PARTNERSHIP — REFUND TERMS
The ELITE Partnership is a twelve (12) month ongoing advisory engagement with fees payable in two equal half-yearly instalments (H1: Months 1–6 paid at Agreement execution; H2: Months 7–12 paid at the start of Month 7), or in a single annual payment by mutual agreement.
3.1 CLIENT-INITIATED TERMINATION
The Client may terminate the engagement at any time with thirty (30) days written notice.
For terminations occurring within the H1 period (Months 1–6): a pro-rata refund shall be processed for the unexpired portion of H1, less a breakage fee not exceeding twenty-five percent (25%) of the H1 fee paid in advance.
For terminations occurring within the H2 period (Months 7–12): a pro-rata refund shall be processed for the unexpired portion of H2, less a breakage fee not exceeding twenty-five percent (25%) of the H2 fee paid in advance.
3.2 ADVISER-INITIATED TERMINATION
Where the Adviser terminates the engagement with thirty (30) days written notice, the Client shall receive a full pro-rata refund for the unexpired period of the current half-year. No breakage fee shall be deducted in this circumstance.
3.3 AUTOMATIC TERMINATION
The Agreement terminates automatically upon cancellation of the Adviser's SEBI registration. In such event, a pro-rata refund shall be processed for the unexpired period of the current half-year, calculated to the effective date of termination.
4. SPECIAL CIRCUMSTANCES
4.1 DEATH OR DISABILITY OF THE CLIENT
Strategic Wealth Diagnostic — pre-session: The full fee paid shall be refunded to the Client's estate or designated representative, less applicable transaction charges, within fifteen (15) working days of receipt of notification and supporting documentation (death certificate or medical incapacity certificate as applicable).
Strategic Wealth Diagnostic — post-session, pre-delivery: The Investment Plan & Roadmap shall be delivered to the designated representative. No refund applicable.
ELITE Partnership — mid-engagement: A pro-rata refund of any fees paid in advance for the unexpired period of the current half-year shall be processed within fifteen (15) working days of receipt of notification and supporting documentation, less a breakage fee not exceeding twenty-five percent (25%) of the fee paid in advance for that period, in accordance with SEBI MITC Clause 7.
The surviving family member or designated representative may, at their option, choose to continue the ELITE engagement for the remainder of the validity period in accordance with the LOE; in such case, no refund or fee adjustment applies.
4.2 DEATH OR DISABILITY OF THE ADVISER
In the event of death or disability of the Adviser, the Agreement stands terminated and the designated Obligor (as named in the executed LOE) shall coordinate settlement of any outstanding pro-rata refund, transition the Client to an alternative registered Investment Adviser if the Client so wishes, and address any outstanding grievances.
4.3 FORCE MAJEURE
Neither party shall be liable for delays in performance caused by events beyond reasonable control, including but not limited to pandemic, natural disaster, government action, or regulatory directive. In such cases, the parties shall endeavour to reschedule services or — where reasonable rescheduling is not possible — process refunds in accordance with the relevant section above.
5. REFUND MECHANICS
5.1 PAYMENT MODE FOR REFUND
Refunds shall be processed through the same payment channel as the original fee payment (online bank transfer, UPI, or cheque), unless mutually agreed otherwise in writing.
Cash refunds are not permitted, in accordance with SEBI-prescribed payment modes for Investment Advisers.
5.2 PROCESSING TIMELINE
Refunds shall be processed within fifteen (15) working days of receipt of a valid refund request together with any supporting documentation required.
Where a refund is delayed beyond this period, the Adviser shall communicate the reason for delay in writing and confirm the revised expected processing date.
5.3 STATUTORY DEDUCTIONS
Refund amounts may be subject to deduction of applicable transaction charges levied by the payment processor or bank, and any statutory deductions required by applicable law. Goods and Services Tax (GST) shall be refunded to the extent permitted under prevailing GST law.
6. HOW TO REQUEST A REFUND
A refund request may be raised by writing to grievance@azadparivaar.com with the following information:
- Full name as on the executed Letter of Engagement
- Date of Agreement execution
- Service (Diagnostic / ELITE)
- Reason for refund request
- Supporting documentation (where applicable — for example, death or medical incapacity certificate)
The Adviser shall acknowledge receipt within one (1) working day, confirm eligibility within five (5) working days, and process the refund within fifteen (15) working days from confirmation of eligibility.
7. GRIEVANCE REDRESSAL
Any concern regarding the application of this Refund Policy may be raised through the standard grievance redressal channel:
Step 1 — Direct contact with the Adviser at grievance@azadparivaar.com (acknowledgement within one working day; resolution within twenty-one calendar days).
Step 2 — SEBI SCORES portal at scores.sebi.gov.in if the Client is not satisfied with the resolution.
Step 3 — SEBI Online Dispute Resolution at smartodr.in if the matter remains unresolved.
8. REVIEW
This Refund Policy is reviewed at least annually, and sooner upon any material amendment to the SEBI (Investment Advisers) Regulations, 2013, the SEBI MITC, or any relevant SEBI / BSE circular affecting fee or refund practices. The latest version is always available on this page.