Privacy Policy

A legal disclaimer

Welcome to CarzFlip.com, a platform operated by Fortius General Trading LLP, a limited liability partnership registered under the laws of India ("Company", "we", "our", or "us").
We value the trust you place in us. This Privacy Policy describes how we collect, use, store, and protect your personal information when you visit our website, participate in our car flipping program, or interact with us through any means.

1. Scope of this Policy

This Privacy Policy applies to:

Website users
Prospective and existing members/investors/participants inducted into Fortius General Trading LLP
All individuals who interact with CarzFlip.com digitally or physically.

By accessing or using our website and services, you agree to the terms of this Privacy Policy.

2. Information We Collect

We collect the following types of information:

a) Personal Information

Name
Date of Birth
Residential Address
Email Address
Phone Number
PAN Card and Aadhaar Card Details
Bank Account Information
GSTIN (if applicable)
Signature (for LLP agreements and compliance)

b) Transactional Information

Investment details related to vehicles
Profit-sharing and payout information
Participation agreements in LLP

c) Technical Information

IP Address
Browser Type and Version
Device Information
Website Usage Statistics through cookies and similar technologies

3. Purpose of Collection

We collect and process your personal data for the following purposes:

To verify your identity and complete KYC procedures
To onboard you as a partner/member in Fortius General Trading LLP
To manage your investment participation in vehicle transactions
To maintain statutory registers and regulatory compliance (MCA filings, audits, etc.)
To communicate with you about investment opportunities, updates, and payouts
To ensure security and integrity of transactions
To analyze website usage and enhance user experience

4. Legal Basis for Processing

We process your personal data based on the following lawful grounds:

Consent: When you voluntarily provide information to us.
Contractual necessity: For executing participation agreements and LLP-related documentation.
Legal obligations: To comply with the LLP Act, MCA regulations, Income Tax Act, and other applicable Indian laws.
Legitimate interests: For ensuring a smooth investment and vehicle flipping operation.

5. Disclosure of Information

We may share your personal information only in the following cases:

With regulatory authorities (such as MCA, Income Tax Department) as per Indian law
With auditors, accountants, and legal advisors for regulatory filings and LLP management
With bankers or payment processors for disbursing payments and refunds
With technology providers who assist us in maintaining website operations (bound by confidentiality obligations)
No information will be sold, rented, or traded to third parties for marketing purposes.

6. Data Retention

We retain your personal information:

As long as you are a participant/member in Fortius General Trading LLP
For a minimum period required by Indian laws (currently 8 years under Companies Act and Income Tax regulations)
Until the purpose for which it was collected is fulfilled We securely delete or anonymize your information when no longer needed.

7. Security Measures

We adopt reasonable security practices as required under the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 including:

Secure servers and encrypted databases
Controlled access to personal information
Two-step verification for access to internal systems
SSL encryption for all data transmitted on CarzFlip.com

8. Your Rights

As per Indian law, you have the right to:

Access the personal information we hold about you
Correct inaccuracies in your personal information
Withdraw consent (if applicable) by notifying us in writing
Request deletion of your personal data (subject to legal obligations)

You may exercise these rights by writing to us at [Insert Email ID].

9. Use of Cookies

Our website uses cookies to:

Track session information
Improve user experience
Analyze site traffic You can control cookie preferences through your browser settings. However, disabling cookies may affect site functionality.

10. Third-Party Links

Our website may contain links to third-party sites (e.g., payment gateways, auto auction sites).
We are not responsible for the privacy practices of these external websites.

11. Children's Privacy

Our platform is not intended for minors under the age of 18 years. We do not knowingly collect personal data from minors.

12. Changes to This Privacy Policy

We reserve the right to update or revise this Privacy Policy at any time.
Any changes will be effective when posted on this page with a revised "Effective Date."

13. Grievance Officer

In accordance with the Information Technology Act, 2000 and SPDI Rules, the name and contact details of the Grievance Officer are as follows:

Grievance Officer: Rakshith
Email: support@carzflip.com
Phone: 6364938336
Address: Fortius General Trading LLP, #48, Bhive Prime, Church Street, Shantalanagar, Bangalore 560001

If you have any questions or concerns regarding this Privacy Policy, feel free to contact us at:

📩support@carzflip.com
📞 +91 6364938335