INTIMATION TO POLICE AUTHORITIES AFTER TAKING POSSESSION OF THE SURRENDER ASSET.

The Hon'ble S.H.O Date:…………….

…………………………….. Ref:……………..

…………………………….

Dear Sir

SUB: INTIMATION TO POLICE AUTHORITIES AFTER TAKING POSSESSION OF THE SURRENDER ASSET.

AGREEMENT CODE :

EQUIPMENT MAKE :

REGN. NO :

NAME OF BORROWER/HIRER :

ADDRESS OF BORROWER/HIRER :

The above Borrower/Hirer has defaulted on the scheduled repayment of his installment(s) amounting of Rs……………../- as on ………………… and thereby has failed to confirm to the term and conditions of the said agreement executed between us.

Pursuant to our rights under the said Agreement, we have taken possession of the above vehicle/equipment without any consignment in it.

We have therefore repossessed the subject vehicle/equipment under the jurisdiction of your police station and there is no valuables/jewellery/cash/arms etc, in the said vehicle at the time of taking possession.

This communication is for your records and to prevent any confusion that may arise from any complaint that the Borrower / Hirer & /or his / her / their representative may lodge with you about the vehicle / equipment being stolen with or without any consignment whatsoever.

Thanking you,

Your Faithfully,

For ............................... Ltd.,

(Authorized Signatory)