This agreement executed at Allahabad on this the 12th day of June 2025 between
Mr. Ramesh Kumar Singh S/o Mr. Shyam Lal Singh aged 38 years residing at 45, Civil Lines, Allahabad (hereinafter referred to as “SELLER”, which term shall include his heirs and legal representatives) of the One part
And
Mr. Vikram Sharma S/o Mr. Anil Sharma aged about 35 years residing at 102, Rajapur Colony, Allahabad (hereinafter referred to as “PURCHASER”, which term shall include his heirs and legal representatives) of the Other part,
whereas it is agreed as follows:-
- The SELLER has offered to sell the Maruti Suzuki Swift Dzire vehicle (more fully described in the schedule hereunder) Bearing Registration No. UP70 AB 1234 for a sum of Rs. 5,50,000/- (Rupees Five Lakh Fifty Thousand Only) and the PURCHASER has accepted and agreed to purchase the said vehicle for the said amount on “as is where is” conditions.
- The PURCHASER had approached M/s Shriram Transport Finance Company Limited (hereinafter referred as FINANCIER) for financial assistance to purchase the vehicle described in the schedule mentioned hereunder.
- The SELLER hereby agrees to immediately hand over, deliver the documents pertaining to the vehicle viz., Original Registration Certificate, Permit, Tax Card, Certificate of Insurance and Appropriate forms (Forms prescribed under the Motor Vehicle Rules) on receipt of the full sale consideration in respect of the vehicle to the FINANCIER only.
- The PURCHASER hereby covenants that he will not dispute the conditions of the vehicle once he takes delivery of the same.
- The PURCHASER further agrees and undertakes that he will transfer the Ownership of the vehicle in his name within a reasonable period and also transfer the certificate of insurance, permit, etc., in his name.
- The SELLER hereby covenants that any debt or liability in connection to the vehicle originated prior to the date of this agreement shall be paid by the SELLER.
- The PURCHASER hereby covenants that any debt or liability in connection to the vehicle which accrues subsequent to the date of this Agreement shall be paid by the PURCHASER herein; similarly any insurance claim arising out of the accident that occurs subsequent to the date of this agreement may be claimed, settled by the PURCHASER as per law.
SCHEDULE
Maruti Suzuki Swift Dzire
Model: 2019
Registration No.: UP70 AB 1234
Engine No.: MH1234567890
Chassis No.: MA3E1234567890123
In witness whereof both the parties have affixed their respective signatures in this Agreement on the day, month, and year mentioned above.
Sd. Ramesh Kumar Singh
(SELLER)
Sd. Vikram Sharma
(PURCHASER)
WITNESSES:
- Name: Anil Verma
Address: 89, Civil Lines, Allahabad
Signature: ___________________ - Name: Sunita Gupta
Address: 45, Rajapur Colony, Allahabad
Signature: ___________________
DRAFTED BY: Adv. MANOJ TIWARI
TYPED BY: Ms. RITA PRASAD