Without prejudice to its legal and regulatory obligations, The Mauritius Commercial Bank Ltd (hereinafter “MCB”, “we” or “us”) shall not be held responsible for any financial or other consequences that may arise from the use of the Service described herein. Users (as defined hereafter) are responsible, prior to engaging with any other Users or entering into any negotiation or any transaction whatsoever with another User, for making their own appraisal and assessment. MCB recommends that they seek and obtain financial, legal or any other professional advice on the risks and merits of any such negotiation or transaction or any Offering or Investment.
means the MCB team appointed to administer the Service, reply to queries and moderate comments and behaviors of the Registered Users, and collect users feedback on the Service.
means the SMEs, MMEs, Growth Partners, Investors and the business community at large including large companies, conglomerates, government bodies and non-profit organisations.
means the “Punch” brand, or any other brand, name, term, design, symbol or any other feature that might further identify the Service.
means a Registered User of the Service, buying goods, services or Paid Offering from Suppliers on the Service.
means the webpage of each Registered User on the Service, where he can feature his company details, teams, products and services.
means all the content of the Service including but not limited to texts, photographs, videos, graphics, metadata, quotes, data and information, any and all of the foregoing being referred to collectively and individually as the “Content”
means the consideration agreed upon between a Buyer a nd a Supplier for the provision of specific goods, services or Paid Offering by the Supplier.
means the News Feed feature in the Service
means the content (videos, articles, documents) as posted by the Registered Users or the Community Lead in the Service
means the Community Forum feature in the Service
means any Registered User proposing any form of contribution, be it financial or non-financial, to the Business Community
means the capital, be it financial or non-financial, committed by an Investor in a selected SME and/or MME business on the Service
means a User proposing to make an Investment.
means The Mauritius Commercial Bank Limited, and includes any Parent Companies, Subsidiaries or Affiliates (existing or to be established) thereof.
means MCB and its shareholders, directors, officers, employees, advertisers, content providers and licensors
means the various pieces of Content, tools, service cards, health checks or growth plans proposed by the Suppliers to the SMEs, or any other offering that might further be added to the Service, and that might change from time to time, any and all of the foregoing being referred to collectively and individually as the “Offering” .
means the Offering (s), proposed by Suppliers to the Users against payment of a monetary Consideration.
means a User who has registered or otherwise created a user account on the Service, with at least a username and a password
means the scope, scheduling, pricing, terms and conditions including but not limited to payment terms and exclusions, documentation, representation, warranties, assurances and the like, associated to the provision of goods, services of Paid Offering by a Supplier on the Service to a Buyer on the Service, and as described in detailed in the Supply Contract between the Supplier and the Buyer.
means the present www.punch.mu website, any other related Punch websites, Punch applications for mobile devices or any other Punch online service (existing or to be established), including any updates, new versions or new releases thereof
means a Small and Medium Enterprise
means a Mid Market Enterprise
means a Registered User of the Service, providing goods, services or Paid Offering on the Service
means a user of the Service
The present website is operated by MCB under the brand name “Punch” (the “Brand”). These conditions of use (“Conditions of Use”), including our [Privacy Statement] (which is included herein) shall govern your use of this website, any Punch applications for mobile devices you download, any other Punch online service you access, including any updates, new versions or new releases thereof (any and all of the foregoing are referred to collectively and individually as the ““Service””).
The present Terms and Conditions, shall apply to the collection, processing, storage and protection of the User Data by MCB (as defined below). These User Data are protected by the Data Protection Laws and are either collected directly from the User or indirectly from other sources.
Any User Data so collected shall be used, protected, processed and stored in strict compliance with the Data Protection Laws. MCB will only use the User Data for a Legitimate Purpose and in the context of the Service to the Users and shall ensure to keep all User Data safe and private.
MCB may, for a Legitimate Purpose, use, hold and process, by computer or otherwise in any location whatsoever User Data in the context of the use by the User of the Service.
MCB shall process User Data in the following circumstances:
In its endeavour, to provide the User with optimised Offerings that are constantly evolving, to better meet the User’s needs, as well as to maintain and develop the Offerings under the Service, MCB may, subject to Data Protection Laws :
MCB will keep User Data of its Users for as long as the person remains a User of the Service and subject to applicable laws MCB.
Under the prevailing Data Protection Laws, the User has the right to lodge a complaint regarding the processing of User Data, with the MCB Data Protection Office or by sending an email to: MCB_DPO@mcb.mu.
For more information about the rights of data subjects, the User may consult the local Data Protection Office website at: dataprotection.govmu.org.
MCB reserves its right to amend at any time partly or wholly the provisions of the present Terms and Conditions and such amendments shall be notified by the posting of the appropriate notices on the Service and such amendments shall take effect on the date thereby indicated.