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What should transferee (purchaser) do in case transfer form is returned with objections?


by Mahindra Finance


July 21, 2023


1 mins read

Transferee (purchaser) needs to immediately proceed to get the errors/ discrepancies corrected. Transferee needs to contact the transferor (seller) either directly for rectification or replacement with good securities. After rectification or replacement of the securities, the same should be resubmitted for effecting transfer. In case the errors are non-rectifiable, purchaser has recourse to the seller to get back his money.

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