• Accident Liability in Case of Hypothecated Vehicle

Hello,

I had purchased a vehicle under hypothecation from ICICI bank. The vehicle was repossessed by the bank and it was later sold by the bank to a third party. 

A few days ago I was informed that the vehicle was involved in a fatal accident and I have been named as the owner as it seems that the bank authorities did not carry out the proper ownership transfer paperwork when reselling the vehicle. 

Do I have a liability in this case?