{"id":3338,"date":"2026-03-03T06:00:48","date_gmt":"2026-03-03T06:00:48","guid":{"rendered":"https:\/\/mymahotsav.com\/knowledgebase\/?post_type=docs&p=3338"},"modified":"2026-03-03T06:00:48","modified_gmt":"2026-03-03T06:00:48","password":"","slug":"organiser-performance-escrow-policy","status":"publish","type":"docs","link":"https:\/\/mymahotsav.com\/knowledgebase\/docs\/policy-hub\/events-tickets\/organiser-performance-escrow-policy\/","title":{"rendered":"Organiser Performance & Escrow Policy"},"content":{"rendered":"

Module:<\/strong>\u00a0Utsav Pass\u2122
\nDocument Type:<\/strong>\u00a0Hybrid \u2014 Plain English + Legal Reinforcement
\nTrademark:<\/strong> UTSAV PASS\u2122 is a trademark of MyMahotsav Futuretech Ltd
\nJurisdictions:<\/strong>\u00a0Global (with jurisdictional addendums)
\nVersion:<\/strong>\u00a01.0
\nEffective Date:<\/strong> 24th February 2026<\/p>\n

\n

PART A: PLAIN ENGLISH SUMMARY<\/h2>\n

How Funds Are Held and Released to Organizers<\/h3>\n

UTSAV PASS\u2122 protects both organizers and ticket buyers through our escrow-based payment system. Ticket funds are held securely and only released when conditions are met.<\/p>\n

The Simple Truth<\/h3>\n
    \n
  • \n

    Your ticket money is protected<\/strong>: All funds go into a segregated escrow account\u2014separate from UTSAV PASS\u2122 operating money.<\/p>\n<\/li>\n

  • \n

    Organizers don’t get paid immediately<\/strong>: Funds are generally held until after the event (or as agreed).<\/p>\n<\/li>\n

  • \n

    This protects everyone<\/strong>: Buyers know funds are safe if event is cancelled. Organizers know funds are available when they deliver.<\/p>\n<\/li>\n

  • \n

    Release conditions vary<\/strong>: Some organizers qualify for early release based on track record.<\/p>\n<\/li>\n

  • \n

    Refunds come from escrow<\/strong>: If refunds are due, they’re paid from held funds before organizer payout.<\/p>\n<\/li>\n

  • \n

    Performance matters<\/strong>: Organizers who consistently deliver successfully may qualify for better terms.<\/p>\n<\/li>\n<\/ul>\n

    \n

    PART B: LEGAL TERMS AND CONDITIONS<\/h2>\n

    1. ESCROW ACCOUNT STRUCTURE<\/h3>\n

    1.1 Escrow Principles<\/h4>\n

    1.1.1<\/strong>\u00a0All ticket sale proceeds are held in one or more\u00a0segregated escrow accounts<\/strong>\u00a0operated by UTSAV PASS\u2122.<\/p>\n

    1.1.2<\/strong>\u00a0Key features of the escrow arrangement:<\/p>\n

      \n
    • \n

      Funds are held separate from UTSAV PASS\u2122 operating accounts<\/p>\n<\/li>\n

    • \n

      No commingling with company funds<\/p>\n<\/li>\n

    • \n

      Protected in case of UTSAV PASS\u2122 insolvency (to extent provided by law)<\/p>\n<\/li>\n

    • \n

      Interest earned (if any) retained by UTSAV PASS\u2122<\/p>\n<\/li>\n<\/ul>\n

      1.1.3<\/strong>\u00a0UTSAV PASS\u2122 acts as a\u00a0limited agent<\/strong>\u00a0for payment collection and disbursement.<\/p>\n

      1.2 Trust Status<\/h4>\n

      1.2.1<\/strong>\u00a0In applicable jurisdictions (UK, certain common law countries), funds are held on\u00a0statutory trust<\/strong>\u00a0for the benefit of:<\/p>\n

        \n
      • \n

        Ticket buyers (until event occurs or refunds due)<\/p>\n<\/li>\n

      • \n

        Organizers (after event completion)<\/p>\n<\/li>\n<\/ul>\n

        1.2.2<\/strong>\u00a0This means:<\/p>\n

          \n
        • \n

          Funds are not available to UTSAV PASS\u2122 creditors<\/p>\n<\/li>\n

        • \n

          If UTSAV PASS\u2122 becomes insolvent, funds are protected<\/p>\n<\/li>\n

        • \n

          Trustees (administrators) would distribute funds per these terms<\/p>\n<\/li>\n<\/ul>\n

          \n

          2. FUND HOLDING PERIODS<\/h3>\n

          2.1 Standard Holding Period<\/h4>\n

          2.1.1<\/strong>\u00a0For most organizers, funds are held until:<\/p>\n

            \n
          • \n

            The event date has passed; AND<\/p>\n<\/li>\n

          • \n

            No unresolved disputes; AND<\/p>\n<\/li>\n

          • \n

            No chargeback alerts; AND<\/p>\n<\/li>\n

          • \n

            Organizer has complied with all requirements<\/p>\n<\/li>\n<\/ul>\n

            2.1.2<\/strong>\u00a0Disbursement occurs within\u00a0[5-7 business days]<\/strong>\u00a0after the event date.<\/p>\n

            2.2 Early Release (Trusted Organizers)<\/h4>\n

            2.2.1<\/strong>\u00a0Organizers with established track records may qualify for\u00a0early release<\/strong>:<\/p>\n

            \n
            \n
            <\/div>\n
            <\/div>\n<\/div>\n\n\n\n\n\n\n\n
            Tier<\/th>\nCriteria<\/th>\nRelease Schedule<\/th>\n<\/tr>\n<\/thead>\n
            Bronze<\/strong><\/td>\n5+ successful events, no complaints<\/td>\n50% before event, 50% after<\/td>\n<\/tr>\n
            Silver<\/strong><\/td>\n10+ events, 500+ tickets sold, 4.5+ rating<\/td>\n75% before event, 25% after<\/td>\n<\/tr>\n
            Gold<\/strong><\/td>\n25+ events, verified entity, insurance on file<\/td>\n90% before event, 10% after<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

            2.2.2<\/strong>\u00a0UTSAV PASS\u2122 may require:<\/p>\n

              \n
            • \n

              Security deposit or bond<\/p>\n<\/li>\n

            • \n

              Personal guarantee<\/p>\n<\/li>\n

            • \n

              Insurance proof<\/p>\n<\/li>\n

            • \n

              Verified bank account<\/p>\n<\/li>\n<\/ul>\n

              2.3 Extended Hold (High-Risk Organizers)<\/h4>\n

              2.3.1<\/strong>\u00a0For new or high-risk organizers, funds may be held:<\/p>\n

                \n
              • \n

                Until\u00a0[14-30 days]<\/strong>\u00a0after event<\/p>\n<\/li>\n

              • \n

                Until all refund periods expire<\/p>\n<\/li>\n

              • \n

                Until chargeback risk window passes<\/p>\n<\/li>\n

              • \n

                Subject to reserve hold (percentage held longer)<\/p>\n<\/li>\n<\/ul>\n

                2.3.2<\/strong>\u00a0High-risk indicators:<\/p>\n

                  \n
                • \n

                  First-time organizer<\/p>\n<\/li>\n

                • \n

                  High-value tickets<\/p>\n<\/li>\n

                • \n

                  Short lead time to event<\/p>\n<\/li>\n

                • \n

                  Vague event details<\/p>\n<\/li>\n

                • \n

                  Negative external reviews<\/p>\n<\/li>\n<\/ul>\n

                  2.4 Rolling Reserves<\/h4>\n

                  2.4.1<\/strong>\u00a0UTSAV PASS\u2122 may establish a\u00a0rolling reserve<\/strong>\u00a0for certain organizers:<\/p>\n

                    \n
                  • \n

                    [10-20%] of each payout held for [90] days<\/p>\n<\/li>\n

                  • \n

                    Covers chargebacks and refunds<\/p>\n<\/li>\n

                  • \n

                    Released after reserve period if no issues<\/p>\n<\/li>\n<\/ul>\n

                    \n

                    3. DISBURSEMENT CONDITIONS<\/h3>\n

                    3.1 Pre-Disbursement Checklist<\/h4>\n

                    Before funds are released to Organizer, UTSAV PASS\u2122 verifies:<\/p>\n

                      \n
                    • \n

                      Event date has passed<\/p>\n<\/li>\n

                    • \n

                      No unresolved refund requests<\/p>\n<\/li>\n

                    • \n

                      No pending chargebacks<\/p>\n<\/li>\n

                    • \n

                      Organizer has provided post-event update (if required)<\/p>\n<\/li>\n

                    • \n

                      No fraud indicators<\/p>\n<\/li>\n

                    • \n

                      No court orders or legal holds<\/p>\n<\/li>\n

                    • \n

                      Organizer bank details verified<\/p>\n<\/li>\n<\/ul>\n

                      3.2 Disbursement Methods<\/h4>\n
                      \n
                      \n
                      <\/div>\n
                      <\/div>\n<\/div>\n\n\n\n\n\n\n\n\n
                      Currency<\/th>\nMethod<\/th>\nTimeline<\/th>\n<\/tr>\n<\/thead>\n
                      INR<\/td>\nNEFT\/RTGS\/IMPS<\/td>\n1-2 business days<\/td>\n<\/tr>\n
                      GBP<\/td>\nBACS\/Faster Payments<\/td>\n1-3 business days<\/td>\n<\/tr>\n
                      USD<\/td>\nACH\/Wire<\/td>\n2-4 business days<\/td>\n<\/tr>\n
                      EUR<\/td>\nSEPA\/Wire<\/td>\n2-4 business days<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

                      3.3 Disbursement Fees<\/h4>\n
                      \n
                      \n
                      <\/div>\n
                      <\/div>\n<\/div>\n\n\n\n\n\n\n\n
                      Transfer Type<\/th>\nFee<\/th>\nDeducted From<\/th>\n<\/tr>\n<\/thead>\n
                      Domestic bank transfer<\/td>\nFree or nominal<\/td>\nOrganizer (if applicable)<\/td>\n<\/tr>\n
                      International wire<\/td>\nActual cost<\/td>\nOrganizer<\/td>\n<\/tr>\n
                      Currency conversion<\/td>\n[X]% margin<\/td>\nOrganizer<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
                      \n

                      4. HOLDS, FREEZES, AND WITHHOLDING<\/h3>\n

                      4.1 When Funds May Be Held<\/h4>\n

                      UTSAV PASS\u2122 may withhold funds if:<\/p>\n

                      \n
                      \n
                      <\/div>\n
                      <\/div>\n<\/div>\n\n\n\n\n\n\n\n\n\n\n
                      Reason<\/th>\nDuration<\/th>\n<\/tr>\n<\/thead>\n
                      Fraud investigation<\/td>\nUntil resolved<\/td>\n<\/tr>\n
                      Chargeback alert<\/td>\nUp to 90 days<\/td>\n<\/tr>\n
                      Refund requests pending<\/td>\nUntil resolved<\/td>\n<\/tr>\n
                      Legal order\/court order<\/td>\nAs ordered<\/td>\n<\/tr>\n
                      Organizer verification incomplete<\/td>\nUntil verified<\/td>\n<\/tr>\n
                      Event under dispute<\/td>\nUntil resolved<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

                      4.2 Notification of Hold<\/h4>\n

                      4.2.1<\/strong>\u00a0If funds are held beyond standard timeline:<\/p>\n

                        \n
                      • \n

                        Organizer notified by email<\/p>\n<\/li>\n

                      • \n

                        Reason provided (subject to legal restrictions)<\/p>\n<\/li>\n

                      • \n

                        Estimated resolution timeline<\/p>\n<\/li>\n<\/ul>\n

                        4.2.2<\/strong>\u00a0UTSAV PASS\u2122 will work diligently to resolve holds promptly.<\/p>\n

                        4.3 Setoff Rights<\/h4>\n

                        4.3.1<\/strong>\u00a0UTSAV PASS\u2122 may setoff against organizer funds:<\/p>\n

                          \n
                        • \n

                          Refunds owed to ticket buyers<\/p>\n<\/li>\n

                        • \n

                          Chargeback amounts<\/p>\n<\/li>\n

                        • \n

                          Fees owed<\/p>\n<\/li>\n

                        • \n

                          Penalties for breach<\/p>\n<\/li>\n

                        • \n

                          Legal costs indemnified<\/p>\n<\/li>\n<\/ul>\n

                          4.3.2<\/strong>\u00a0Setoff exercised before disbursement.<\/p>\n

                          \n

                          5. PERFORMANCE STANDARDS<\/h3>\n

                          5.1 Organizer Performance Metrics<\/h4>\n

                          UTSAV PASS\u2122 tracks:<\/p>\n

                          \n
                          \n
                          <\/div>\n
                          <\/div>\n<\/div>\n\n\n\n\n\n\n\n\n\n
                          Metric<\/th>\nTarget<\/th>\nConsequence of Miss<\/th>\n<\/tr>\n<\/thead>\n
                          Event completion rate<\/td>\n> 95%<\/td>\nWarning, then holds<\/td>\n<\/tr>\n
                          Refund rate<\/td>\n< 5%<\/td>\nReview, possible holds<\/td>\n<\/tr>\n
                          Chargeback rate<\/td>\n< 1%<\/td>\nEnhanced monitoring<\/td>\n<\/tr>\n
                          Response time to inquiries<\/td>\n< 48 hours<\/td>\nWarning<\/td>\n<\/tr>\n
                          Rating (buyer feedback)<\/td>\n> 4.0 stars<\/td>\nImprovement plan<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

                          5.2 Performance Tiers<\/h4>\n
                          \n
                          \n
                          <\/div>\n
                          <\/div>\n<\/div>\n\n\n\n\n\n\n\n\n
                          Tier<\/th>\nRequirements<\/th>\nBenefits<\/th>\n<\/tr>\n<\/thead>\n
                          New<\/strong><\/td>\nFirst event<\/td>\nStandard hold<\/td>\n<\/tr>\n
                          Established<\/strong><\/td>\n5 events, 4.0+ rating, <5% refunds<\/td>\nFaster release<\/td>\n<\/tr>\n
                          Trusted<\/strong><\/td>\n10 events, 4.5+ rating, <2% refunds<\/td>\nEarly release<\/td>\n<\/tr>\n
                          Premier<\/strong><\/td>\n25+ events, verified entity<\/td>\nBest terms<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

                          5.3 Performance Improvement Plan<\/h4>\n

                          5.3.1<\/strong>\u00a0Organizers below standards may be placed on:<\/p>\n

                            \n
                          • \n

                            Monitoring<\/strong>: 30-day observation period<\/p>\n<\/li>\n

                          • \n

                            Probation<\/strong>: 90-day period with enhanced oversight<\/p>\n<\/li>\n

                          • \n

                            Suspension<\/strong>: Until issues resolved<\/p>\n<\/li>\n<\/ul>\n

                            5.3.2<\/strong>\u00a0Failure to improve may result in account termination.<\/p>\n

                            \n

                            6. REFUNDS FROM ESCROW<\/h3>\n

                            6.1 Refund Priority<\/h4>\n

                            When refunds are due:<\/p>\n

                              \n
                            1. \n

                              Funds deducted from event proceeds in escrow<\/p>\n<\/li>\n

                            2. \n

                              If insufficient, deducted from organizer’s other events<\/p>\n<\/li>\n

                            3. \n

                              If still insufficient, organizer must pay\u5dee\u989d<\/p>\n<\/li>\n

                            4. \n

                              UTSAV PASS\u2122 may advance refunds and seek recovery<\/p>\n<\/li>\n<\/ol>\n

                              6.2 Refund Processing<\/h4>\n

                              6.2.1<\/strong>\u00a0Refunds are paid from escrow before organizer disbursement.<\/p>\n

                              6.2.2<\/strong>\u00a0If event proceeds are insufficient to cover refunds:<\/p>\n

                                \n
                              • \n

                                Organizer must reimburse UTSAV PASS\u2122 within [14] days<\/p>\n<\/li>\n

                              • \n

                                Failure to pay results in collections and legal action<\/p>\n<\/li>\n<\/ul>\n

                                6.3 Negative Balance<\/h4>\n

                                If an organizer’s account goes negative (refunds > revenue):<\/p>\n

                                  \n
                                • \n

                                  New ticket sales applied to negative balance<\/p>\n<\/li>\n

                                • \n

                                  Organizer must clear balance before new events<\/p>\n<\/li>\n

                                • \n

                                  Collection agency referral after [90] days<\/p>\n<\/li>\n<\/ul>\n

                                  \n

                                  7. CHARGEBACKS<\/h3>\n

                                  7.1 Chargeback Liability<\/h4>\n

                                  7.1.1<\/strong>\u00a0Organizer is fully liable for all chargebacks:<\/p>\n

                                    \n
                                  • \n

                                    Chargeback amount<\/p>\n<\/li>\n

                                  • \n

                                    Chargeback fees (typically \u00a315-25 \/ \u20b91,500-2,500)<\/p>\n<\/li>\n

                                  • \n

                                    Administrative fees<\/p>\n<\/li>\n<\/ul>\n

                                    7.1.2<\/strong>\u00a0Chargebacks deducted from:<\/p>\n

                                      \n
                                    • \n

                                      Current balance<\/p>\n<\/li>\n

                                    • \n

                                      Future payouts<\/p>\n<\/li>\n

                                    • \n

                                      Other events by same organizer<\/p>\n<\/li>\n<\/ul>\n

                                      7.2 Chargeback Representment<\/h4>\n

                                      7.2.1<\/strong>\u00a0UTSAV PASS\u2122 may contest chargebacks on organizer’s behalf if:<\/p>\n

                                        \n
                                      • \n

                                        Valid ticket was issued<\/p>\n<\/li>\n

                                      • \n

                                        Event occurred as described<\/p>\n<\/li>\n

                                      • \n

                                        Refund was already issued<\/p>\n<\/li>\n

                                      • \n

                                        Buyer authorized transaction<\/p>\n<\/li>\n<\/ul>\n

                                        7.2.2<\/strong>\u00a0Organizer must provide:<\/p>\n

                                          \n
                                        • \n

                                          Proof of delivery (entry records)<\/p>\n<\/li>\n

                                        • \n

                                          Communication with buyer<\/p>\n<\/li>\n

                                        • \n

                                          Policy disclosures<\/p>\n<\/li>\n<\/ul>\n

                                          7.3 Excessive Chargebacks<\/h4>\n

                                          Organizers with chargeback rates > [1%] may:<\/p>\n

                                            \n
                                          • \n

                                            Have funds held longer<\/p>\n<\/li>\n

                                          • \n

                                            Be required to post bond<\/p>\n<\/li>\n

                                          • \n

                                            Be suspended from platform<\/p>\n<\/li>\n<\/ul>\n

                                            \n

                                            8. INSOLVENCY AND BANKRUPTCY<\/h3>\n

                                            8.1 Organizer Insolvency<\/h4>\n

                                            If an Organizer becomes insolvent before an event:<\/p>\n

                                              \n
                                            • \n

                                              Funds held in escrow remain protected<\/p>\n<\/li>\n

                                            • \n

                                              Refunds to ticket buyers prioritized<\/p>\n<\/li>\n

                                            • \n

                                              Organizer’s creditors have no claim to escrow funds<\/p>\n<\/li>\n

                                            • \n

                                              UTSAV PASS\u2122 will manage refund process<\/p>\n<\/li>\n<\/ul>\n

                                              8.2 UTSAV PASS\u2122 Insolvency<\/h4>\n

                                              8.2.1<\/strong>\u00a0In the unlikely event of UTSAV PASS\u2122 insolvency:<\/p>\n

                                                \n
                                              • \n

                                                Escrow funds are held on trust (in applicable jurisdictions)<\/p>\n<\/li>\n

                                              • \n

                                                Not available to general creditors<\/p>\n<\/li>\n

                                              • \n

                                                Administrators will distribute to ticket buyers and organizers per these terms<\/p>\n<\/li>\n

                                              • \n

                                                Ticket buyers entitled to refunds for unfulfilled events<\/p>\n<\/li>\n<\/ul>\n

                                                8.2.2<\/strong>\u00a0UTSAV PASS\u2122 maintains records to enable such distribution.<\/p>\n

                                                \n

                                                9. DISPUTE RESOLUTION<\/h3>\n

                                                9.1<\/strong>\u00a0Disputes regarding fund holding or release:<\/p>\n

                                                  \n
                                                1. \n

                                                  First: Organizer contacts UTSAV PASS\u2122 support<\/p>\n<\/li>\n

                                                2. \n

                                                  Second: Escalation to Compliance Manager<\/p>\n<\/li>\n

                                                3. \n

                                                  Third: Independent mediation<\/p>\n<\/li>\n

                                                4. \n

                                                  Fourth: Legal action per governing law<\/p>\n<\/li>\n<\/ol>\n

                                                  9.2<\/strong>\u00a0During dispute, funds remain in escrow until resolved.<\/p>\n

                                                  \n

                                                  PART C: JURISDICTION-SPECIFIC ADDENDUMS<\/h2>\n

                                                  INDIA ADDENDUM<\/h3>\n

                                                  Escrow Under Indian Law<\/strong>:<\/p>\n

                                                    \n
                                                  • \n

                                                    Escrow arrangements recognized under Indian Contract Act<\/p>\n<\/li>\n

                                                  • \n

                                                    RBI guidelines on collection accounts apply<\/p>\n<\/li>\n

                                                  • \n

                                                    Payment aggregators must comply with RBI circular on escrow<\/p>\n<\/li>\n<\/ul>\n

                                                    Insolvency Protection<\/strong>:<\/p>\n

                                                      \n
                                                    • \n

                                                      Under IBC, client funds held in trust may be protected<\/p>\n<\/li>\n

                                                    • \n

                                                      Legal precedent supports segregation<\/p>\n<\/li>\n<\/ul>\n

                                                      Tax Deduction at Source<\/strong>:<\/p>\n

                                                        \n
                                                      • \n

                                                        TDS applicable on organizer payouts under Section 194C\/194J<\/p>\n<\/li>\n

                                                      • \n

                                                        TDS certificates to be provided<\/p>\n<\/li>\n<\/ul>\n

                                                        UK ADDENDUM<\/h3>\n

                                                        Client Money Rules<\/strong>:<\/p>\n

                                                          \n
                                                        • \n

                                                          FCA CASS rules apply if UTSAV PASS\u2122 holds client money<\/p>\n<\/li>\n

                                                        • \n

                                                          Statutory trust protection<\/p>\n<\/li>\n

                                                        • \n

                                                          Monthly reconciliation required<\/p>\n<\/li>\n<\/ul>\n

                                                          Insolvency Protection<\/strong>:<\/p>\n

                                                            \n
                                                          • \n

                                                            Funds held on trust protected from liquidators<\/p>\n<\/li>\n

                                                          • \n

                                                            Administrators must distribute per trust terms<\/p>\n<\/li>\n<\/ul>\n

                                                            US ADDENDUM<\/h3>\n

                                                            State Money Transmitter Laws<\/strong>:<\/p>\n

                                                              \n
                                                            • \n

                                                              Holding funds may constitute money transmission<\/p>\n<\/li>\n

                                                            • \n

                                                              UTSAV PASS\u2122 uses licensed partners or complies with exemptions<\/p>\n<\/li>\n<\/ul>\n

                                                              Bankruptcy Protection<\/strong>:<\/p>\n

                                                                \n
                                                              • \n

                                                                Escrow funds may be protected under Bankruptcy Code<\/p>\n<\/li>\n

                                                              • \n

                                                                Preference period risks if organizer pays refunds before bankruptcy<\/p>\n<\/li>\n<\/ul>\n

                                                                EU ADDENDUM<\/h3>\n

                                                                Payment Services Directive<\/strong>:<\/p>\n

                                                                  \n
                                                                • \n

                                                                  Escrow arrangements may require authorization<\/p>\n<\/li>\n

                                                                • \n

                                                                  UTSAV PASS\u2122 uses authorized payment partners<\/p>\n<\/li>\n<\/ul>\n

                                                                  Insolvency Protection<\/strong>:<\/p>\n

                                                                    \n
                                                                  • \n

                                                                    Varies by member state; some have client money protection<\/p>\n<\/li>\n<\/ul>\n

                                                                    \n

                                                                    PART D: ENTERPRISE INTERNAL MANUAL<\/h2>\n

                                                                    For UTSAV PASS\u2122 Finance & Risk Teams<\/h3>\n

                                                                    A. Disbursement Approval Matrix<\/h4>\n
                                                                    \n
                                                                    \n
                                                                    <\/div>\n
                                                                    <\/div>\n<\/div>\n\n\n\n\n\n\n\n\n
                                                                    Payout Amount<\/th>\nApproval Required<\/th>\nChecks<\/th>\n<\/tr>\n<\/thead>\n
                                                                    < \u20b91 lakh \/ \u00a31,000<\/td>\nAutomated<\/td>\nSystem verification<\/td>\n<\/tr>\n
                                                                    \u20b91-5 lakh \/ \u00a31,000-5,000<\/td>\nFinance Manager<\/td>\nManual review<\/td>\n<\/tr>\n
                                                                    \u20b95-25 lakh \/ \u00a35,000-25,000<\/td>\nFinance Controller<\/td>\nEnhanced due diligence<\/td>\n<\/tr>\n
                                                                    > \u20b925 lakh \/ \u00a325,000<\/td>\nCFO + Legal<\/td>\nBoard notification<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

                                                                    B. Reserve Calculation Table<\/h4>\n
                                                                    \n
                                                                    \n
                                                                    <\/div>\n
                                                                    <\/div>\n<\/div>\n\n\n\n\n\n\n\n\n
                                                                    Risk Factor<\/th>\nReserve Percentage<\/th>\nRelease Period<\/th>\n<\/tr>\n<\/thead>\n
                                                                    New organizer<\/td>\n20%<\/td>\n90 days<\/td>\n<\/tr>\n
                                                                    High-risk category<\/td>\n15%<\/td>\n60 days<\/td>\n<\/tr>\n
                                                                    Chargeback rate > 2%<\/td>\n25%<\/td>\n120 days<\/td>\n<\/tr>\n
                                                                    Trusted organizer<\/td>\n0%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

                                                                    C. Negative Balance Recovery Process<\/h4>\n
                                                                      \n
                                                                    1. \n

                                                                      Day 0<\/strong>: Negative balance occurs<\/p>\n<\/li>\n

                                                                    2. \n

                                                                      Day 7<\/strong>: Email notice to organizer<\/p>\n<\/li>\n

                                                                    3. \n

                                                                      Day 14<\/strong>: Second notice, payment deadline<\/p>\n<\/li>\n

                                                                    4. \n

                                                                      Day 30<\/strong>: Payment plan offered<\/p>\n<\/li>\n

                                                                    5. \n

                                                                      Day 60<\/strong>: Collection agency referral<\/p>\n<\/li>\n

                                                                    6. \n

                                                                      Day 90<\/strong>: Legal action consideration<\/p>\n<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

                                                                      Module:\u00a0Utsav Pass\u2122 Document Type:\u00a0Hybrid \u2014 Plain English + Legal Reinforcement Trademark: UTSAV PASS\u2122 is a trademark of MyMahotsav Futuretech Ltd Jurisdictions:\u00a0Global (with jurisdictional addendums) Version:\u00a01.0…<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"footnotes":""},"doc_category":[209],"glossaries":[],"doc_tag":[31,79],"knowledge_base":[199],"class_list":["post-3338","docs","type-docs","status-publish","hentry","doc_category-events-tickets","doc_tag-policy","doc_tag-terms-and-conditions","knowledge_base-policy-hub"],"year_month":"2026-04","word_count":1393,"total_views":"72","reactions":{"happy":"0","normal":"0","sad":"0"},"author_info":{"name":"MyMahotsav Admin","author_nicename":"support-team","author_url":"https:\/\/mymahotsav.com\/knowledgebase\/author\/support-team\/"},"doc_category_info":[{"term_name":"Events & Tickets","term_url":"https:\/\/mymahotsav.com\/knowledgebase\/docs\/mm-guides\/events-tickets\/"}],"doc_tag_info":[{"term_name":"Policy","term_url":"https:\/\/mymahotsav.com\/knowledgebase\/docs-tag\/policy\/"},{"term_name":"Terms and Conditions","term_url":"https:\/\/mymahotsav.com\/knowledgebase\/docs-tag\/terms-and-conditions\/"}],"yoast_head":"\nEvent Organizer Performance & Escrow Policy | Utsav Pass- MyMahotsav<\/title>\n<meta name=\"description\" content=\"How UTSAV PASS\u2122 protects ticket funds through escrow. 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