I urgently need sincere and expert advice on the below matter.
I got a car from bank on lease in 2018 and then purchased by making upfront payment in February, 2019. I received NOC from bank in my name.
Thereafter, I sold to it to someone (Mr. X) and gave him NOC and paid transfer cost to him (from bank name to my name). He promised to transfer in a month but he did not transfer and now in January, 2020 he sold it to other person (Mr. Y-he is a dealer) on NOC.
Meanwhile, I get the car blocked in excise. Now, Mr. Y (dealer) is contacting me and say that please remove the “block” and transfer the car in your name (not in Mr. Y name). as he has sold car to some mr. Z through some bank lease so after 2 to 3 weeks of transferring of car in my name, the car will be acquired by some bank in its name for leasing.
Please guide me how to handle this situation. whether i should i cooperate with Mr. Y and if yes, then to which extent and how? should i ask mr. Y to give me car ownership book and expenses and then I go to Excise and I remove block and transfer car first in my name and then in Mr. X name? or mr. Y name?
or I should ask Mr. Y to ask Mr. X to approach me and then insist Mr. X to first transfer in his name by having in my custody the car book and some money cheque (say, 2 to 3 lak as car is of 2.2 million around). Mr. Y say that Mr, X is not cooperating
