Tractor agreement
sridhar
(Querist) 02 December 2018
This query is : Resolved
I bought a second hand tractor form one person , and he gave me a false insurance document to me, actually that insurance was expired , so what kind of legal actions can take against on him.
Isaac Gabriel
(Expert) 02 December 2018
Legal actions may cause you huge expenses and inordinate delay. Rather, get the insurance renewed in your name.
sridhar
(Querist) 02 December 2018
but that tractor was not transferred on my name , i paid amount 250000 to him and remaining 330000 will pay in 4 installments after completing the finance that vehicle will transfer on my name. he cheated me by giving manipulated insurance document.
Isaac Gabriel
(Expert) 02 December 2018
Verbal agreements won't be binding.settle finally before proceeding legally.
sridhar
(Querist) 02 December 2018
dear sir, we have a written agreement between us that is i pay remaining installments, after complete finance installments then only the vehicle registration done on my name.he mentioned in written agreement that vehicle covered under insurance. but the insurance document was manipulated.
kavksatyanarayana
(Expert) 02 December 2018
File a case against the party, by approaching an experienced Advocate of your area and show him the Agreement made between you.
Isaac Gabriel
(Expert) 02 December 2018
You are at liberty to get a the insurance from date of registration in your name.Forget about the seller's foul play as
you need his cooperation till the completion of transaction.
H.M.Patnaik
(Expert) 03 December 2018
Expert advice at above may be followed as Insurance policy can be issued in the name of the owner of vehicle only. A mutual settlement in the interim period as regards insurance cover is the best way out till finl payment and transfer of R.C. Book is over.
Dr J C Vashista
(Expert) 04 December 2018
The ownership of tractor is not yet transferred in your name, so it is the liability of seller to get the insurance renewed, discuss and sort out amicably, however, if unable to sort out return it to him and file suit for recovery of the amount paid to seller through a local prudent lawyer.
