Sunday, January 3, 2010

Transfer of Ownership.

Whenever an application for transfer of permit is made, both the buyer and seller must sign before the Authority.

The Authority should satisfy himself about the genuiness of the seller by verifying the photos of the RC/Permit etc.

The Transport Commissioner has issued a circular No.51/2003 in this regard. Rule 211 of T N M V R 1989 allows this.

The salient features of this circular are
a. That it appllies for transfer of permit.
b. Personal appearance is must.
c. Signing before Notary public is not permitted.

The other points in this matter are
1. After allowing the transfer of permit application if the applicant could not produce the records within the perriod but subsequently wants to effect the transfer, that can be permitted by collecting the fees.(Transport Commissioner memo No. 72144/E2/83 dated 29.11.1987)

2. If one of the parties wants to drop further proceecedings without effecting transfer, that can be permitted and the same should be informed to the other party . Rule 212 of TNMVR.

A WORD A BLOG:-

Meticulous: Extremely careful, precise, or thorough.

A surgeon should hold the scissors meticulously for performing the operation.

You should plan meticulously to achieve anything.

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