Agreement for Sale of Damage Vehicle

THIS AGREEMENT is made at August, on 10 day of 2018

Between

Ismaiel Barkur
S/o H Abubakar National Super
Market Ratna Arcade Kuvempu
Road, Shimoga Karnataka-577201

(Herein after called 'the seller’) Party of the First Part

And

Dawood K S

WHEREAS -

I Ismaiel Barkur is registered owner of Vehicle no: KA14N9993 residing at S/o H Abubakar National Super
Market Ratna Arcade Kuvempu Road, Shimoga Karnataka-577201 And Whereas –

1 Ismaiel Barkur, got the vehicle No KA14N9993, insured against loss of his vehicle KA14N9993 having Chassis
No: TMBBLANA5DG010558 Engine No:CLN231268 vide insurance Policy No: OG-19-1710-1801-00000020
issued by Bajaj Allianz General Insurance Co. Ltd for the period from 06-04-2018 to 05-04-2019 per terms and
conditions laid down by IRDA

And Whereas

2. Ismaiel Barkur wanted to sell the said vehicle-bearing no: KA14N9993, as where in condition.

And Whereas

3. The Purchaser Mr Dawood K S approached the seller Ismaiel Barkur and offered to purchase the said salvage
of Skoda Rapid for the amount mentioned in the terms and condition

NOW IT IS HEREBY AGREED AS FOLLOWS:--

1. The seller will sell the Skoda Rapid bearing no. KA14N9993 to the purchaser for the amount
of Rs.2,33,000/- ( Rs Two lakh thirty three thousand.)

2. The Purchaser will purchase the said car in cash or issuing single cheque / DD of the amount
agreed.

3. The Purchaser will transfer the vehicle registration in the books of RTO within 30 days from
the date of purchase and will bear the cost of the transfer fees, which is to be paid to the
RTO.

4. The Purchaser will insure the car at his own cost and provide the copy of the insurance policy
to the seller within 15 days of sale/purchase.

5. The Purchaser will not use the car or allow any body else to use the car for any unlawful act
or terrorist activity.

6. That the purchaser will be fully and solely liable and responsible for the any claim,
compensation, fines, which are the out come of any accident or unlawful use of the vehicle
or any act which is/or would amount to terrorist activity, from the date of sale/purchase and
the seller will not be approached.

7. In case of any such claim, compensation, fine after the date of sale/purchase, the purchaser
will be solely liable and responsible and will make good the losses at his own cost.

8. The purchaser will deliver the custody of the car to the court, in case the Court wants the car
for inspection.
 9. The purchaser will deliver the custody of the car to the seller, in case the seller wants the car
for inspection, for production before court or if the vehicle is used or is suspected to/would
be used in unlawful act or terrorist activity or if the seller is been or is likely to be implicated
as a party to any suit or criminal compliant or any court proceeding/s.

10. The Seller will not be held liable and responsible for any mechanical defect which occurs after
the date of sale/purchase, even if the defect so occurs is the result of any earlier defect.

11. The Purchaser is ready and willing to purchase the said car in the condition as it is.

12. The seller has got the policy cancelled, that the purchaser will take his fresh insurance policy
with immediate effect.

IN WITNESS WHEREOF the parties have put their respective hands the day and year first herein above written.

Authorized Signatory

Party of the First Part

Party of the Second Part (Purchaser)

Witness

1.

2.