Two wheeler Theft.

sandeep reddy t (Querist) 14 March 2010 This query is : Resolved
Dear Sir/Madam...

I have purchased two wheeler on november 1st 2009 from one of my friends....before transferring registration of vehicle on my name, vehicle is stolen on nov 18th 2009....now insurance company is saying i cant claim insurance since i have no interest in vehicle and also says even my friend cant claim since he has already sold vehicle to me...is there a way to claim insurance or should i meet a lawyer and file a case against insurance company....please advice.

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Raj Kumar Makkad (Expert) 14 March 2010
You cannot claim, it is right but your friend can still claim as he is a registered owner of such vehicle. Move the claim only through your friend and say that still he is registered owner and talks of the sale are going on and sale process has not been completed as no registration process has been initiated. Comapany shall have to acept claim in such case. If company still rejects/repudiates then approach consumer forum wherein you both shall jointly be complainants.