Latest news with #RegistrationCertificate
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Business Standard
15-07-2025
- Automotive
- Business Standard
Buying a second-hand car? Why insurance transfer is crucial for buyer
When you buy a second-hand car, transferring ownership isn't just about the Registration Certificate (RC). Equally critical is transferring the car's insurance policy to your name. Experts warn that failing to do so can lead to claim rejections, penalties, and even legal trouble. Here's a step-by-step explainer on what happens to car insurance when you buy a used car, and how to get it transferred smoothly. Why insurance transfer is crucial 'Transferring the existing insurance policy to the new owner's name is not just a formality, it is both legally mandatory and financially crucial,' says Saurabh Vijayvergia, founder & chief executive officer of CoverSure. The law allows a 14-day window for completing this process. Beyond that, any claim made under the old owner's name can be rejected outright. 'A car insurance policy has two parts, own-damage and third-party liability. While third-party cover automatically transfers, the own-damage section needs formal transfer. Without it, no own-damage claims will be honoured,' said Neel Chheda, chief underwriting and data science officer of TATA AIG Insurance. According to Paras Pasricha, business head, motor insurance at the process involves submitting necessary documents and paying a minimal transfer fee to the insurer. The required documents include the original RC, valid insurance certificate, PUC certificate, Form 29 and 30 (signed by buyer and seller), address and ID proofs, and, if applicable, a No Objection Certificate (NOC) from the bank. What happens if you don't transfer insurance? If you drive without transferring the insurance, you could face serious issues. 'The new owner might face claim rejection and penalties for driving without a valid insurance policy, while the seller could face legal issues if the buyer meets with an accident,' Pasricha warns. While the third-party liability cover automatically continues under Section 157 of the Motor Vehicles Act, own-damage coverage does not, says Surender Tonk, vice-president, Insurance Brokers Association of India. 'If the insurance is not transferred, the own-damage section of the policy will not work, and any damage or loss to the insured vehicle will not be payable,' he says. 'If the policy isn't transferred, the new owner is essentially uninsured for own-damage claims. Any accident-related expenses will have to be borne out of pocket,' adds Chheda. Can you modify or switch insurance? Once the policy is in your name, you are free to upgrade or modify it. 'As a buyer, you do not have to stick with the previous owner's insurance terms. You can and should upgrade to a comprehensive cover or even switch insurers entirely,' says Vijayvergia. However, Tonk points out that while the base policy can be transferred, some add-on benefits like zero depreciation may not carry over to the new owner. What about the No Claim Bonus (NCB)? A common misconception among buyers is that the seller's NCB (discount for claim-free years) gets transferred with the car. That's not true. 'NCB is linked to the individual policyholder, not the vehicle,' says Arti Mulik, chief technical officer, Universal Sompo General Insurance. 'The seller can retain the NCB for their next vehicle, but the buyer starts fresh,' Mulik said. 'The entitlement of NCB follows the fortune of the original insured and not the vehicle or the policy. Buyers don't get any benefit from the seller's NCB,' adds Chheda.
Time Business News
14-07-2025
- Health
- Time Business News
Legal Formalities After Birth Certificate
After acquiring a birth certificate, it may seem that the tedious work is done, however, that is only the beginning. The birth certificate serves as a basic legal document. It is your child's identity on official documents and allows access to numerous other legal processes. Permit us to guide you through the critical steps after receiving the birth certificate. In most countries, children need to be registered with the national identity system. For example: In Pakistan , this would be the B-Form (Child Registration Certificate) issued by NADRA . , this would be the issued by . In India, parents can apply for an Aadhaar card for the child. Serves as official government ID Needed for school admissions, medical insurance, and legal documentation Required to get a passport or visa later on After receiving a birth certificate, update: NADRA Family Tree (Pakistan) (Pakistan) Municipal or census records Healthcare systems (especially if the child was born at home or abroad) This ensures that the child is legally part of the family unit. If international travel is in the cards, a passport will be the next legal document you'll need. Original birth certificate Parents' CNIC/ID cards Proof of address Photos and biometric data (depending on age) Tip: Some countries require both parents to be present during the application. Many countries now require newborns to be registered in the healthcare system or added to their parents' insurance policy. For routine vaccinations and hospital visits To claim benefits or medical reimbursements In case of emergencies This may already be done during the birth certificate process, but if not, it's essential. Helps with census tracking Enables school zone placement Connect your child to local services like libraries, child care, etc. Many countries offer government subsidies or support for newborns and young families. Examples: Child support or monthly allowances or monthly allowances Vaccination programs Free or subsidized schooling Ration card updates To avail these benefits, the birth certificate must be linked to your family's national record. Even if your child is just a newborn, schools and daycares later require official age proof. Make sure you: Keep multiple photocopies of the birth certificate of the birth certificate Get it digitally certified , if available , if available Translate it (with notarization) if you're applying abroad In some family situations—like single parents, adoptions, or guardian arrangements—you might need to file additional legal paperwork declaring who the legal guardian is. This can involve: Court affidavits Adoption documentation Legal custody papers If you spot a mistake (like a spelling error in the name or date), correct it immediately. Submit a correction application to the municipal authority or NADRA Provide supporting documents (hospital records, CNICs, school forms) Pay correction fee Wait for revised certificate Pro tip: The earlier you fix it, the fewer problems you'll have later. Make scanned copies of the birth certificate and all related documents. Store them: On a cloud drive (Google Drive, iCloud, Dropbox) On a secure USB or external hard drive As email attachments to yourself for emergency access You never know when you'll need them—especially in emergencies. Obtaining a birth certificate & Marriage Certificate in Pakistan is just the first step. It's essential to consider national ID registration, health insurance, schooling, and establishing a legal identity, among other prioritizations. Addressing these issues early on ensures the child is legally safeguarded, socially registered, and prepared for upcoming milestones in life. There are no reasons to procrastinate—ensure these legal formalities are meticulously handled so a solid groundwork is established for effortless progress in the future. Is a birth certificate enough for school admission? Not always. Most schools also require national ID (like B-Form or Aadhaar) and parents' identity proof. How long does it take to get a B-Form after a birth certificate in Pakistan? It typically takes 7–15 working days through NADRA, depending on location. Can I apply for a passport without a B-Form? No. The B-Form is essential for children under 18 in Pakistan. What should I do if the birth certificate has a spelling error? Visit your local municipal office or NADRA and file a correction request with valid proof. Is a digital copy of the birth certificate legally valid? Yes, if it's issued by an official government portal and includes digital verification like a QR code or e-signature. TIME BUSINESS NEWS
The Hindu
18-06-2025
- The Hindu
Mysuru Traffic police cracks down on auto drivers; books over 200 cases for various violations
The Mysuru City Traffic police booked a total of 202 cases during a drive against autorickshaw drivers on Tuesday for various traffic violations. The drive was taken up after receiving several complaints against auto drivers, including operating without wearing the prescribed uniform or riding without possessing valid documents such as a Driving License, Registration Certificate (RC) or Fitness Certificate (FC). There were also complaints that the auto drivers were refusing to go on hire, demand excess fare, carried more passengers than permitted besides violating other traffic rules. A statement issued by the Mysuru City Police Commissioner on Wednesday said a total of 202 cases were booked against the auto drivers during the drive conducted on June 17. 'Out of them, a total of 110 cases were registered for driving without uniform, 54 cases for carrying excess passengers, 24 cases for demanding excess fare, 9 cases for defective or missing registration number plate, three cases for driving without required documents and two cases for refusing to go on hire', the statement said adding that fines were accordingly imposed on the auto drivers against whom cases were registered. As several auto rickshaws were found operating without a display card, the police have warned the drivers that action will be initiated against offenders. Warning the auto drivers that such drives will continue in the coming days, the police asked the drivers to wear their uniforms while driving and produce necessary documents when sought by the officials.
Indian Express
06-06-2025
- Automotive
- Indian Express
Long wait continues for driving licence, RC applicants in Punjab
Four months ago, Ropar resident Harjeet Singh purchased a second-hand commercial heavy haulage trailer. He had got the transport vehicle refinanced from a bank. He had applied for a Registration Certificate at the Mohali Regional Transport Office (RTO) in Punjab in January. However, even after four months, he is yet to get a printed copy of his RC. Harjeet Singh, who was anticipating to make money through the commercial transportation of the newly purchased heavy vehicle, is among the 5 lakh people in Punjab who have been waiting for their Driving Licence (DL) and RCs since last December, due to the state government's delay in issuing the documents. The government landed in a soup after Smart Chip Private Limited, which was entrusted with the printing of driving licences and RCs in chip cards, exited prematurely in November last year. 'I have made umpteen rounds at the RTO office. I am told to go back and wait. I have started paying instalments to the bank, but my trailer continues to be in the parking lot. In the absence of an RC, I am unable to get a national permit for the heavy commercial vehicle,' said Singh, who agrees that many such small transporters like him are on the verge of getting into depression. 'How can anyone pay such heavy instalments with a vehicle waiting to ply on the roads? If we ply them illegally, there is a huge fine if we get caught,' Singh told The Indian Express. He said not only were the RCs and DLs not printed, but no other work was also being taken up. 'I am waiting to get the hypothecation removed of another vehicle from its RC. However, that too is not being done. Whenever I go there, they tell me that after the Vigilance crackdown on transport officers, the work is pending.' Daljeet Singh, a cab driver, has also been struggling to get the RC of a car he purchased to ply as a taxi. 'I have not been able to get the RC from RTO in Mohali. I have visited the RTO several times, but to no avail. I cannot take my car to Chandigarh and other places outside the state as I do not have a printed RC,' he said. He added, 'For other vehicles, I am unable to get a fitness certificate from the RTO. And, no fitness certificate means I cannot get a national permit. My work has stopped. I am frustrated.' On April 21, the state government told the Punjab and Haryana High Court that there was a pendency of 4.5 lakh RCs and DLs. A government official told The Indian Express that they had been able to clear this pendency by half after purchasing the chip cards. A traffic expert, Kamal Soi, however, contested the claim of the government. 'There is no change in the pendency. It continues to remain the same. New applications are added every day. Do you know anyone who is getting the DL and RC? No one,' said Soi, who is planning to file a public interest litigation (PIL) in two to three days. 'They do not have a system. I am preparing a case of how the people are harassed, but the government is looking away,' he added. Meanwhile, a senior government officer said that they were in the process of inviting tenders for the printing of these documents. 'The process will take two to three months. After that, everything will be streamlined,' the officer said. 'We have called employees from other departments on deputation to the transport department. We will assign them duties. Some will man the driving test tracks, others will be printing the documents. We hope that the work will be streamlined,' he added. The development came after the High Court on April 21 asked why the government is not getting this work done by people on contract, as there was no shortage of unemployed people in the country. The court had ordered the Punjab government to file an affidavit in the matter. Soi pointed out that the government cannot invite tenders till they get a stay vacated on inviting tenders from the High Court. 'All they have to do is submit to the HC that people are suffering, and the stay should be vacated. But they cannot even do that. They are caught up in a scam. The system is not working,' Soi remarked. The government has tried to allot the contract twice. Though tenders were floated, the process got mired in litigation after a private company opposed it in the High Court. In a PIL, Neha Shukla, who is also awaiting her driving licence, told the High Court that the people of Punjab have to wait for months for an RC. Soi has been demanding that the government award the contract to the Central Government's National Informatics Centre Services Inc (NICSI) so that the backlog is cleared. Since the government asked the company for a security deposit, the matter did not proceed further. 'We do not want any stop-gap arrangement. We will allot the contract to a company now so that the work goes on smoothly.' In April, the government had put former Vigilance chief S P S Parmar under suspension along with two other officers, including Swarandeep Singh and Harpreet Singh Mander, after the government busted an alleged transport documents racket. The suspensions were said to be due to their alleged failure to act against corruption in the transport department. However, Mander and Swarandeep were reinstated a few days ago.
Hindustan Times
20-05-2025
- Hindustan Times
Post Lucknow bus blaze: 47 buses seized, ₹30L fined in Noida
Noida The Gautam Budh Nagar Transport Department has seized 47 private passenger buses and issued challans totalling nearly ₹30 lakh to 35 of them for rules' violations, officials said on Monday. The step followed an Uttar Pradesh transport commissioner directive issued in the light of a Delhi-bound private sleeper bus, running without permit, catching fire on the outskirts of Lucknow on May 15, leaving five people dead. 'Following the directive, we formed a five-member team under the supervision of the assistant regional transport officer (ARTO - Enforcement) and conducted intensive checks on May 15, 16, and 17,' said Gautam Budh Nagar ARTO Siyaram Verma. 'We are currently conducting a drive against autos and will continue the drive against buses every month with a fortnight's gap, to prevent any untoward incidents,' the ARTO added. The transport department's investigation found that bus owners and operators were overloading their vehicles beyond the prescribed capacity. Such violations significantly increase the risk of accidents, officers said. 'All regional RTOs have been instructed to check buses in accordance with the Bus Body Code — a regulatory framework that lays down uniform technical guidelines for the design, construction, and approval of bus bodies built on chassis by authorised bus body builders,' said UP transport commissioner B N Singh, adding that permits will be cancelled if any bus is found violating the rules. 'ARTOs have been instructed to carry out thorough inspections during the fitness certification process. This includes verifying the Registration Certificate (RC), insurance documents, Pollution Under Control (PUC) certificate, road tax receipts, permit documents, chassis and engine number, engine performance, starting condition, exhaust emissions, and other parameters to ensure that buses meet safety and regulatory standards,' Singh added. Meanwhile, the investigation in the Lucknow bus incident revealed that an additional seat had been installed near the driver's cabin, blocking the main exit and making it difficult for passengers to escape. Preliminary findings suggest that the fire was caused by a short circuit, and the bus's emergency exit failed to open during the blaze. According to Noida transport department data, there are nearly 5,000 private buses registered with the Transport Department, in addition to 1,900 school buses in the district.
