What are the different documents in the agreement between the finance company and the hirer?
The documents in the agreement booklet are – • Hire Purchase Agreement • Schedule of Charges, Deposits and Rates. • Irrevocable Power of Attorney • Promissory Note • FORM 20 for Registration of Vehicle • Certificate of Inspection • FORM 26 for Intimation of Loss or Destruction of Certificate of Registration and application of a duplicate certificate • FORM 27 for assignment of new registration mark on removal of the vehicle to another state. • FORM 28 for “NO OBJECTION CERTIFICATE” and grant of certificate. • FORM 29 Form of Notice to transfer of ownership of Vehicle. • FORM 30 report of Transfer of Ownership of a Vehicle. • FORM 34 Application for making an entry of an agreement of Hire Purchase / Lease / Hypothecation subsequent to registration.
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