According to the Indian Motor Vehicle (IMV) Act , the transferor has to intimate the Regional Transport Offices (RTO) within 14 days of the transfer of ownership. Similarly the Act also instructs the transferee to inform the RTO about the change in vehicle ownership and produce all the required documents within 30 days of the transfer.
2) The transferor is required to fill Form 29 while the transferee is required to fill in the Form 30,
3) send a letter to RTO where your car was registered informing them that you have sold the car and handed over original papers of car to purchaser
4)if the car is involved in some major accident or stolen and used for some anti-social activities police will file complaint against you as your name is reflected in the RC book
5)
also send letter to local police station that purchaser has not transferred car in his name yet and you apprehend car may be used for terrorist activities .
6) you can also publish public notice in 2 local newspapers that the seller shall in no way whatsoever be responsible for any misdeeds,unlawful activities or any acts of omission or commission with the motor vehicle (state make, model,type of body,registration number, engine and chassis nos.)by the buyer or any other person who directly or indirectly uses the motor vehicle for such misdeeds,unlawful activities or any acts of omission or commission. The liability of such misdeeds,unlawful activities or any acts of omission or commission shall solely rest with the buyer of the motor vehicle."