same and further
directing the second respondent to cancel the hypothecation endorsement in
the R.C.Book of the petitioner's vehicle bearing registration ... consequently purchased the said vehicle and registered the same with
hypothecation endorsement in the R.C.book. It is the further case of the
petitioner
issue duplicate of the
registration certificate to the petitioner and to endorse
the hypothecation termination on the duplicate.
2. The petitioner alleges that ... respondent seeking issue of a duplicate RC book also for
endorsing the hypothecation termination in the duplicate
question (Royal Enfield Motorcycle) to the respondent - complainant after removing the endorsement of hypothecation from the temporary registration certificate and other documents of the vehicle ... bank, but still the opposite party did not get the endorsement regarding hypothecation of the vehicle removed from the temporary registration certificate of the vehicle
complainant and to issue no objection certificate for cancellation of hypothecation endorsement in the Registration certificate and to pay the cost of the proceeding ... issue NOC at once for the purpose of cancellation of hypothecation endorsement if already not issued.
The opposite parties are directed
issue NOC and other related documents for changing the hypothecation endorsement in the RC book of the vehicle of the complainant without collecting any amount ... other related documents to the complainant for changing the hypothecation endorsement in the RC book without collecting any fees. Forum also directed them
complainant .She had availed vehicle loan from the appellant after hypothecating the purchased vehicle. Alleging that she had repaid the entire loan amount, she approached ... consumer forum for direction to take steps to cancel the hypothecation endorsement in the RC book, to return the documents deposited with the appellant
from the Registration Office to the registered owner directly with the hypothecation endorsement and not to the financier. Hence the original RC book is with ... Book as she is the beneficiary on removal of hypothecation. Hence there arise the remote chance for non-production of the R.C. Book
seater which was purchased by the defendant and the
relevant hypothecation endorsed in the RC vide registration ... duly proved
the loan agreement vide Ex. PW1/3 and the hypothecation
agreement Ex. PW1/4. These documents are not challenged
other documents necessary for canceling the endorsement of Hypothecation
from R. C of the vehicle bearing No. HR 26G 8690 however defendant refused to
give ... call upon the defendants to issue NOC or to get
the endorsement of hypothecation cancelled from RC of the truck bearing
cars repayable in monthly instalments.
The cars which are financed are hypothecated to the Bank as security. The
possession of the cars continues with ... undertaking of the borrower(s) "to get the
endorsement of hypothecation done in the registration certificate book
from the concerned Road Transport Office
