The following are some items of work which require no objection certificate from the financier in case the vehicle is held under hire purchase agreement.
Renewal of permit
Duplicate R C
Re.Registration
At the time of issue of NOC for the vehicle
Alteration class of vehicle and chasis
Change of address
If the following works are done for a vehicle in an office, then the financier has to be intimated.
HPN and HPTer and HP continuation
Suspension or cancellation of RC
Replacement of vehicle.
Please refer circular no. 26/2001 and Section 51 of M V Act.
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