Srinath Motors

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Terms and Conditions

Pre-Order Terms and Conditions

These booking terms (“Booking Terms”) apply to you (hereinafter referred to as “You” or “Your” or “Customer”) and Plot No.:- 15-A, Iindustrial Zone, Opp.Bapa Sitaram Weight Bridge, Vehlal Road, Village-Zak Dist. Gandhinagar (Gujarat) For VX1 (“Scooter”) with Us.

Kindly read and understand these Booking Terms carefully. If these Booking Terms are not acceptable to You or You are not eligible to accept these Booking Terms or book the Scooter under the applicable laws, please do not proceed with the booking. To the extent applicable, You hereby give your consent to receiving marketing and/or promotional communications from Us through all communication channels including but not limited to SMS, WhatsApp, e-mails and push notifications.

  • Pre-Order

By accepting these Booking Terms, You hereby confirm that You wish to pay an advance for COMPTECH scooter which will be set off from the final price of the vehicle at the time of purchase. You understand that We may not have begun manufacturing the Scooter at the time of Your pre-order or Scooter may still be in development stage. Placing a pre-order does not guarantee that Scooter will be available to You nor does it constitute an offer to sell. However, in case the scooter is not allotted to you, the pre-order amount would be refundable in full.

  • Nature of Agreement; Non-Binding Pre-Order Payment

Subject to clause 6 below, the pre-order payment is the amount stated in the payment description provided to you in connection with this Booking Terms (“Pre-Order Payment”) and is refundable should you decide not to purchase a Scooter; subject to the conditions that You have not (i) already entered into a purchase agreement with OET; or (ii) paid for the Scooter in full; or (iii) have already purchased the Scooter. This Agreement does not constitute an agreement for the sale of a Scooter and does not lock in pricing, a production slot, or an estimated delivery date. This Agreement does not create an obligation on You to purchase a Scooter from Us and does not create an obligation on Us to manufacture and sell the Scooter. If and when We notify You of the availability of a Scooter and You wish to proceed with the purchase of a Scooter, such sale and purchase will be governed by a separate and legally binding purchase agreement between You and Us or between You and a dealer authorized by Us.

  • Effective Date; Pre-Order Process

These Booking Terms shall become effective and shall apply to You when we receive both: (1) Your consent to agree to these Booking Terms and (2) Your Pre-Order Payment. Once these Booking Terms become effective and applicable, You will be placed on the pre-orders list and You will receive communication about the Scooter. It is clarified that in respect of Clause 3(2) your payment in the event of any post-paid payment mechanisms offered by any payment gateways/wallets will be deemed to be accepted only when the same has been cleared by the respective payment gateways/wallets. In the event the same is not cleared, your booking shall automatically stand cancelled.

Upon successful payment of Booking Amount, the system will generate a transaction order ID, acknowledging the receipt of payment towards the booking of the Scooter made online. Comptech Motocorp may require certain information or documents for undertaking its obligations and performance under these Booking Terms. You represent and warrant that the information provided is accurate and complete. All collection, storage, and disclosure of information or documents provided by You and/or shared by a third party will be in accordance with our Privacy Policy.

You hereby agree to receive email communication/newsletters (promotional and marketing emails) from Comptech Motocorp. You further expressly waive Do Not Call (DNC) / Do Not Disturb (DND) registrations on Your phone/mobile numbers for contacting You for such promotional/marketing purposes.

  • Purchase Price

The price of the Scooter and any option pricing may not be available at the time of Your pre-order and, if pricing is available, it is subject to change without any intimation to You until agreed upon in a duly executed purchase agreement.

  • Deferral, Modification and Non-Transferability

If You do not wish to enter into a purchase agreement at the time that you are contacted by Us, You will give up your pre-order sequence position completely and/or will be entitled to defer to a later position as determined subject to the conditions below. However, such deferral is permitted only 1 (one) time. If You do not communicate Your decision to us within ten (10) days of notification, You will automatically be granted such a deferral. This Agreement is not transferable or assignable to another party without the prior written approval by Us. You may also modify the variant or color of the Scooter based on availability anytime, however, such modification may change Your priority or pre-order sequence.

  • Priority

We will establish your pre-order sequence position at our sole discretion. We may decline pre-orders to avoid over-subscription if We are unable to commence shipping of the Scooter to Your region or as We deem appropriate in our sole discretion. If Your pre-order is declined, You will be notified and Your Pre-Order Payment will be refunded within 15 working days of such refund being initiated.

  • Limitation of Liability

Notwithstanding anything under this Agreement, if We are held liable for any damages related to Your pre-order or this Agreement, Your sole and exclusive remedy will be limited to reimbursement of the Pre-Order Payment paid to Us and you agree that Our cumulative liability whether under tort or contract or otherwise will be limited to the reimbursement of the Pre-Order Payment.