1 “It is the responsibility of the transferor to make sure that the vehicle registration has been changed in the name of the transferee,
2) According to the Indian Motor Vehicle (IMV) Act 50, the transferor has to intimate the Regional Transport Offices (RTO) within 14 days of the transfer of ownership. Similarly the Act also instructs the transferee to inform the RTO about the change in vehicle ownership and produce all the required documents within 30 days of the transfer.
3) . The transferor is required to fill Form 29 while the transferee is required to fill in the Form 30,
4) if vehicle is involved in major accident owner whose nane is reflected in RC book would be held liable
5) you can inform the RTO about sale of vehicle by you by letter sent by regd post AD
6) public notice can be published in at least one or two prominent local dailies of the city where the buyer resides, citing the non-transfer of ownership and explicitly stating that "the seller shall in no way whatsoever be responsible for any misdeeds,unlawful activities or any acts of omission or commission with the motor vehicle (state make, model,type of body,registration number, engine and chassis nos.)by the buyer or any other person who directly or indirectly uses the motor vehicle for such misdeeds,unlawful activities or any acts of omission or commission. The liability of such misdeeds,unlawful activities or any acts of omission or commission shall solely rest with the buyer of the motor vehicle."