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Soundhar M   24 May 2023

Commercial vehicle seizing

Hello respected lawers,

I have Query about vehicle seizing. I have commercial TATA 1212 LPT vehicle and chasis is fully finance by Tata Finance Pvt Ltd. It has 59 month due program and I finished 12 months due; but from the april and current month dues are pending. The Tata finance agents pressure me to pay the last month pending due or we will seize the vehicle with local police protection; but I said I will pay the due before last date of this month and still they refuse and try to seize my vehicle. Now what can I do? Kindly give me a suggestions.


 1 Replies

T. Kalaiselvan, Advocate (Advocate)     24 May 2023

You have to pay the dues regularly, if you have defaulted the payment continuously for three months or more then the agents may try to seize the vehicle, hence you have to take precautions accordinlgy.

You don't show the vehicle to them, or take police protection.

You may hide the vehicle till such time you are able to gather the due amount

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