motor vehicle.
4. According to the respondent, it is found that hypothication is imposed
under section 51 (6) of the Act and alteration ... obtained from the person with whom he
has entered into hypothication agreement. The chasis replacement is an integral
change of the vehicle and hence
release of the
vehicle which was under hypothication with them and
involved in Crime No.363/2016 of Inforpark Police Station
for offence punishable under
aggrieved by the auction conducted
by the bank, of her gold ornaments hypothicated to Bank, has
approached this Court. She claimed that, she had moved
done it. It seems that
after purchase of the vehicle hypothication was created in favour of
Sunil Kumar Bothra with effect from 10/6/2018
registration No.
No.KL-05AR-3002 from the first respondent office. Hypothication was duly
noted in the RC book. Thereafter, since default was committed
appears that a
vehicle, belonging to the defacto complainant, which was under
hypothication with the financier, was agreed to be sold to the 1st
accused
complainant. According to the first accused, there was a
stipulation that the hypothication loan would be repaid by
Ajeesh Vijayan. Since he allegedly committed default
TRUE COPY OF THE REGISTRATION PARTICULARS
SHOWING THE ENTRY OF LOAN CUM HYPOTHICATION
AGREEMENT.
EXHIBIT P2 TRUE COPY OF THE REPORT OF THE CONCERNED
OFFICER
regarding the loans availed by
K.V.Viswanathan and Remani Viswanathan by hypothication
of jewellary and bullion, gold equivalent to or more of the
amount
