https://www.taxtmi.com/news?id=51341 Transfer of ownership within 14 days under the Motor Vehicles Act is required; failure to update the insurance policy can cause own damage claim rejections and legal entanglements for both buyer and seller. To preserve cover, notify the insurer promptly and submit Form 29/30, RC, PUC, existing policy documents and any NOC, comply with any inspection, pay the transfer fee, and obtain the updated policy in the new owner's name. en-us Sat, 02 Aug 2025 13:01:07 +0530 Sat, 02 Aug 2025 13:01:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51341 Transfer of ownership within 14 days under the Motor Vehicles Act is required; failure to update the insurance policy can cause own damage claim rejections and legal entanglements for both buyer and seller. To preserve cover, notify the insurer promptly and submit Form 29/30, RC, PUC, existing policy documents and any NOC, comply with any inspection, pay the transfer fee, and obtain the updated policy in the new owner's name. News - Sat, 02 Aug 2025 13:01:07 +0530 https://www.taxtmi.com/news?id=51341