Legal requirements for sale of motor car

C.A Alok Mukherjee (Querist) 06 October 2010 This query is : Resolved
Dear all,

Our company has decided to sale an old motor car, for this tender was called and the prospective buyer was selected based on highest bid offer. The buyer could not yet produced the PAN, but he had shown paper for his application of Pan. What are the formalities we should do so that transfer of ownership of the car can be done in West Bengal and for this formalities if any required for motor vehicle Act may please be highlighted for our compliance.

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