What is Form 35?
Once the car has been sold to a third-party buyer, the car RC needs to be transferred as well. This RC will get transferred via RTO, which releases the original RC for the vehicle and hence will release the new RC. Hence the, Form 30 . All the legalities associated with the vehicle are thus to be dealt with by the new buyer and this is what Form 30 mentions in its papers. Sellers may note that they need to submit Form 30 within 14 days after the resale of their car and that two copies of the form need to be submitted to RTO. Source: Tumblr What is Form 35? When the car is purchased, it gets financed by some bank or the other in terms of a Car loan. So in that case, the seller needs to submit Form 35 to get a NOC or the no-objection certificate by the bank from which the loan is taken. It’s important to note that this form is required in case the car was purchased using a car loan. One might ask what kind of objections? When a car loan is taken out, some collateral is kept until...