my colliege bought car in EMI with my document.she is not paying the E
22-Jan-2023 (In Property Law)
my colliege bought car in Emi with my document and in my name.she is not paying the EMI properly and the car got accident twise.I request to change the car with her name and to give NOC.they are willing to do.and due to this my home LOAN is on hold.ow what should I do??how can I sort out this issue soon??
1. As the vehicle was purchased on your name, you are liable to close the loan. Unless you close the loan, your cibil score would be reflecting the the negative entry.
2. You may sign on the Form No.29 to transfer the vehicle on her name. She would get maximum 90 days time to transfer the vehicle on her name.
2. You may sign on the Form No.29 to transfer the vehicle on her name. She would get maximum 90 days time to transfer the vehicle on her name.
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