Vehicle no objection certificate issued
Ranbir
(Querist) 27 April 2017
This query is : Open
Dear sir ,
I would be highly obliged if you provide solution regarding my below problem
As stated I had purchased one vehicle with number 2222 through finance from the bank paid the entire installment regarding same and got no objection certificate for the above vehicle from the respective bank
Following which there after I again purchased another vehicle through finance from the same bank with number 3333 after five years but unfortunately the vehicle met with accident and was brought to dealers garage for repair and there was a insurance claim of the vehicle the insuramce company harassed me for 1 year but did not provide the insurance claim and the vehicle was in garage for such period despite such a pathetic situation I paid installment for 18 months to the bank i filed case in consumer court against dealer of the vehicle ,insurance company and finance company which is subjudice the bank repossessed my vehicle 3333 when the matter is subjudice in court and also threatening to repossess the vehicle 2222 which I had purchased five years back my question is can bank repossessed the vehicle which has been issued with noc from the bank and can bank repossess the vehicle in which the matter is subjudice in court
