financed by it,
register the vehicles and, while doing so, enter hypothecation
endorsement as per Rule-60 of the Central Motor Vehicles Rules ... hypothecation in the registration certificate and, on satisfying the
loan, cancel such entry made in the registration certificate. Due to
non-entering of hypothecation endorsement
name of the customers listed herein above as owners with a
hypothecation endorsement in favour of the petitioner.
For Petitioner : Mr.M.Arunachalam ... name of the customers listed above as
owners with a hypothecation endorsement in favour of the petitioner.
2.According to the petitioner, their Company
rubber stamp etc., as if all the loan were cleared and
hypothecation endorsement were removed from the R.C.Book. Therefore, the
petitioner lodged complaint ... Hypothecation-cum-guarantee
agreement in favour of the petitioner herein. Thereafter they committed default
and the petitioner came to understand that all the hypothecation endorsement
Regional Transport Officer, Motor
vehicle department, he cancelled the hypothecation endorsement in the
registration certificate of the respective vehicles. Thereafter, the petitioner sold ... Regional Transport Officer
http://www.judis.nic.in
6
cancelled the hypothecation endorsement in the registration certificate of the
concerned vehicle. After cancellation of hypothecation
have entered in Hypothecation Agreement dated 27.3.2008 with the 2nd respondent Company agreeing to make name transfer and also make hypothecation endorsement ... under finance and hypothecation agreement executed, the hypothecation has to be noted in the original RC book by way of endorsement. In this case, when
loan files(D18 to D21) there is no
endorsement regarding hypothecation of vehicles in the name of bank
and all the said files ... with sale letter in
original is sent to RTO and they endorse hypothecation on the same
and they also issue copy of company invoice
bearing no. HR 26 J 5601 after deleting/cancellation of
hypothecation endorsement from the concerned RTA or issuing no
objection certificate in favour ... plaintiff for cancellation of
hypothecation endorsement from RTA and to return the cheques
bearing nos. 008780 dated
petitioner bank to have returned the RC after cancelling the hypothecation endorsement. However, inspite of various requests to the petitioner bank ... vehicle remained hypothecated to the bank without any reason for about 5 years and the petitioner bank only cancelled the hypothecation endorsement and released
precedent to
entertaining applications for making/canceling the hire purchase and
hypothecation endorsements in the certificate of registration.
Aggrieved by the same, the present writ ... obtain trade
certificate for making/canceling the hire purchase and hypothecation
endorsements in the certificate of registration and would further
submit that in the event
judis
S.A(MD)No.213 of 2017
to cancel the hypothecation endorsement in the RC Book of the motor
cycle. Inspite of repeated demands ... printed forms. Since the plaintiff was claiming more
interest, the hypothecation endorsement could not be cancelled and
still it is subsisting in the original
