All You Need To Know About Party Peshi

Imagine yourself to be the proud owner of a car that you've driven around, nursed back to health, cleaned and polished until it shines like a diamond. You have explored some of the best places and been on a few memorable long drives in your car, and now it's time to pass the torch, and find your car a new, forever home. 

Before you can do that, the law requires you to show up at a little gathering we call "Party Peshi". It's where the transport department verifies all the legalities of selling your car. It may sound like a chore, but trust us, it's a crucial step in ensuring a smooth transfer of ownership.

In legally binding documents, the word 'party' refers to one of the participants in a legal proceeding. The term 'peshi' is Hindi for appearance. When put together, 'party peshi' is the presence of relevant people/participants. 

What is party peshi?

Party peshi is a legal term that is used by the transport department to summon a car seller. When you sell a car, you sell the rights to the car through the transfer of a registration certificate (RC). Some states mandate the presence of the car’s owner to initiate the RC transfer since the owner should know who the vehicle is being sold to. 

Think of "Party Peshi" as the caretaker of the car-selling process. It's like a final exam for your car, making sure everything is in order before it graduates to its new owner. When you sell a car, you sell the rights to the car through the transfer of a registration certificate (RC). Some states mandate the presence of the car’s owner to initiate the RC transfer. 

"Party Peshi" functions like a border control agent, carefully verifying the legitimacy of each applicant before allowing them to proceed with the transfer of ownership.

What does the law say?

The registration certificate (RC) of a car is a document of utmost significance, as it helps verify the ownership of a vehicle. In a country where roads are as occupied as your calendar on a Monday afternoon, and where traffic rules are as rigid as a military drill sergeant, having a valid RC is very important. The Supreme Court of India has declared that if a car is sold without a proper transfer of RC, the original owner of the vehicle shall be held responsible for any offences committed by the new owner of the vehicle.

Now imagine yourself as the previous owner of a car, sitting in the comfort of your home, sipping chai, and catching up on the latest episode of your favourite Netflix docuseries. Suddenly, there's a knock on the door, and before you know it, you're being summoned by the traffic police for a traffic violation committed by the new owner of your former car. It's a nightmare scenario, but is a grim possibility for those who neglect the importance of party peshi in the car-selling process.

The importance of party peshi in the process of selling a car cannot be overemphasised. It's a small but crucial step that ensures a smooth transfer of ownership and dictates, regulates, and protects the rights of both the buyer and the seller. 

Also Read : How to Transfer Ownership of Vehicle in Gurgaon

How do I know if I’ve been called for a party peshi?

This might seem like a complicated question, but the answer is quite simple. When the transport department requires your presence for a party peshi, they will send a notice to your registered address. This notice contains all the important information, including the date and time of the event. It's like receiving an invitation to a wedding, but instead of a grand celebration, it's a legal procedure to transfer the rights of your car to its new owner.

If you're selling your car through a third-party portal, they will also inform you of the date and time of your party peshi and will let you know about the documents you need to carry. 

So, the next time you receive a party peshi notice, don't stress or worry. Think of it as a rite of passage, marking the end of your journey as the owner of a car. And, just like any other important event, make sure to be dressed appropriately and carry all the necessary documents. After all, party peshi is the party that not everyone gets to attend! 

Also Read : Why Is Vehicle Ownership Transfer Important And How Is It Done?

What are the documents required for an RC transfer?

 An RC transfer generally requires the following documents:

• Printout of the Online Payment receipt, RTO Form 29, 30 (Sale Transfer Forms)
• Vehicle Documents: Original RC, Copy of Car Insurance, PUC Certificate
• Buyer’s PAN Card (Form 60, 61), Aadhar Card, passport-size photographs
• Seller’s ID and address proof 
• One blank envelope with the buyer’s address and stamps equivalent to a registered post.

In conclusion, party peshi is a critical step in the car buying and selling process that cannot be overlooked. Think of it as the handover ceremony of your car's keys to the new owner, just like how the Olympic torch is passed from one runner to the next in the grandest of ceremonies. It may not be as grandiose, but it is just as important!   

Also Read : Your RC is on us – All about vehicle registration certificate

FAQs

Q. Do I need to submit the Original RC at the RTO?

Yes, the Original RC Smart Card needs to be submitted at the RTO for the RC transfer.

Q. What is a loan hypothecation removal?

Hypothecation is when you pledge your car as an asset to the bank to apply for a loan. However, when you sell a car, you must remove any such hypothecation. You need a valid bank NOC alongside RTO Form 35 duly signed by you and the bank. 
Note: An NOC is valid for 60 days from the date it is issued on.

Q. What is an NOC? Why do I need it?

An NOC is a No-Objection Certificate. If a car is sold in another city or state, it requires a clearance certificate from the RTO to confirm ownership and legal compliance. Simply put, the RTO in your state confirms that there is no pending legal action against the original owner.

Q. How long does it take for an RC transfer?

If you’ve successfully submitted all required documents, the RC transfer should be done within 2 weeks.