Scribd
Upload
540 views

A K Rubber Vetting Report

1. Veena Kumari, an advocate at the Bombay High Court, has certified that the loan documents for M/S A K Rubber's Baroda Car Loan of Rs. 42,82,000 are in order. 2. The loan is secured by the hypothecation of a Toyota Fortuner vehicle valued at Rs. 50,74,762. 3. Kumari reviewed 16 documents related to the loan and confirmed that they were properly initiated, stamped, and enforceable under law.

Uploaded by

SJDKSSDW
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
540 views

A K Rubber Vetting Report

1. Veena Kumari, an advocate at the Bombay High Court, has certified that the loan documents for M/S A K Rubber's Baroda Car Loan of Rs. 42,82,000 are in order. 2. The loan is secured by the hypothecation of a Toyota Fortuner vehicle valued at Rs. 50,74,762. 3. Kumari reviewed 16 documents related to the loan and confirmed that they were properly initiated, stamped, and enforceable under law.

Uploaded by

SJDKSSDW
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

Veena Kumari

Advocate Bombay High Court


007, New Bake House, Meadows Street, Kalaghoda, Fort,
Mumbai- 400 001, Maharashtra, India
Mobile : +91 9821 728 326 Tel : +91-22-2282-0005
+91 8454 861 806
Email : [email protected]
______________________________________________________________________________
Dated: 24-04-2023

To,
The Chief Manager,
Bank of Baroda,
N S Patkar Branch,
Mumbai,

CERTIFICATE

Sub : Loan documents of M/S A K Rubber.

Nature of Facility :

Baroda Car Loan of Rs. 42,82,000/- (Rs. Forty two lakh eighty two thousand )

Security:

Hypothecation of vehicle Toyota Kirloskar Motor Pvt Ltd Fortuner valued at Rs.
50,74,762/-

Document perused
1. Letter of Sanction dt. 19-04-2023 amounting Rs. 42,82,000/-

2. Attestation Memo dt. 24-04-2023 amounting Rs. 42,82,000/-

3. D P Note ( For partnership firm) dt 24/04/2023 Rs. 42,82,000/-

4. Letter of Partnership dt 24/04/2023

5. Letter of Undertaking for (Post Dated Cheque) dt 24/04/2023 (Stamp paid


Rs.100/-

6. Instrument of Hypothecation of Vehicle dt 24/04/2023 (Stamp paid Rs.


12900/-)

7. Letter of instalment with acceleration clause dt 24/04/2023 for


Rs. 42,82,000/-

8. Letter of authority to make payment directly to the dealers dt 24/04/2023

10. General form of Guarantee dt 24/04/2023 Stamp paid Rs. 500/- for
Rs. 42,82,000/-
11. Declaration- cum Undertaking- cum -Authority dt 24/04/2023 (Stamp paid
Rs. 300/-).

12. Form 30 (Application for intimation and transfer of ownership of a motor


vehicle)

13. Form 29 (Form of notice of Transfer of ownership of motor vehicle )

14. Form 31 (Application for transfer of ownership in the name of the person
succeeding to the possession of the vehicle)

15. Form 20 (Application for registration of a motor vehicle )

16. T.T.O Form (Under hire – purchase Agreement)

M/S A K Rubber has been granted Term Loan under (Baroda Car Loan ) of
Rs. 42,82,000/- (Rs. Forty two lakh eighty two thousand) and as agreed
upon terms and conditions mentioned in the sanction letter and the borrower
has executed various security documents.

Each and every page of the documents are properly initiated and stamped by
the borrower and by the Bank Officer also.

Remarks / Comments – I have verified the above loan documents executed and
certify that same are in order, duly stamped and enforceable in law’ As a general
rule bank to ensure that all the documents are properly filled.

Yours Sincerely

Veena Kumari,
Advocate.

You might also like