Removal of Hypothecation of Vehicle

How to Remove / Sample Form Letter for Cancellation of Car Lease Hypothecation Agreement in India to RTO in word/ .doc Format

                                               

NO OBJECTION CERTIFICATE

Date : September 5, 2013

To,

RTO/ Insurance Company

Mumbai

Sub : Termination of Agreement Vehicle No. DL 01A 0000

Name of Hire Purchaser: Mr Anil Jain

Sir,

We hereby confirm that the agreement entered into between Rocket Sales Ltd. and the above mentioned name of Hire-Purchaser has been terminated on 31.08.2013.

We request you to remove the hypothecation of Rocket Sales Ltd. on the said vehicle, the details of which are furnished below:

Vehicle Registration No.                :           DL 01A 0000

Engine Number                                :           D7BC 0000000

Chassis Number                               :           TL1STA96C11 000000

Thanking you,

Yours faithfully,

For Rocket Sales Ltd.

Authorised Signatory

Removal of Hypothecation of Vehicle Letter in Word