Home » MV guidelines to permit nominee for clean possession switch | India News

MV guidelines to permit nominee for clean possession switch | India News

by newsking24

NEW DELHI: In a transfer to make hassle-free switch of automobile possession to the recognized member of the family or some other nominee on the strains of financial institution accounts, the street transport ministry has proposed to amend the Central Motor Vehicle Rules enabling the proprietor to place the identify of nominee whereas making use of for registration. The identify of the nominee will also be added later by means of a web based utility.
This will deliver enormous reduction to relations of the proprietor, notably in case of his/ her dying. The draft rule specifies that the proprietor has to submit some proof of the nominee for verification.
Currently, in case of dying of the registered proprietor, the relations must get the possession transferred inside three months and adjust to procedures which regularly require frequent visits to totally different places of work. “This is yet another move to improve the ease of living,” a transport ministry official stated.
The switch of possession in case of dying of the registered proprietor will occur within the identify of the nominee who wants to tell the registering authority within the state of his residence or workplace by means of the portal for a recent certificates of registration in his or her identify.
“This is a big reform and will end the hassles the many face, particularly in cases where the registered owners passes away,” stated transport skilled Anil Chhikara.
In yet one more transfer, the ministry has proposed to make it simpler for registration of greater than 50-year outdated two-wheelers and four-wheelers as “Vintage Vehicles”. The homeowners of such automobiles can get the primary registration of such automobiles by paying Rs 20,000 for 10 years and the renewal charge could be Rs 5,000.

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