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The Scrap Vehicle Sale Agreement is essential for documenting the legal transfer of end-of-life vehicles to authorized scrapping facilities in India. This document has gained particular significance following the implementation of India's Vehicle Scrapping Policy 2021, which aims to promote organized and environmentally responsible vehicle scrapping. The agreement is used when a vehicle owner wishes to dispose of their vehicle through official channels, ensuring compliance with environmental regulations and obtaining necessary certifications. It includes crucial details about the vehicle, parties involved, pricing, and compliance requirements, while adhering to both central and state-level regulations. The document serves as a critical tool for automotive businesses, scrapping facilities, and vehicle owners to ensure legal and environmental compliance in vehicle disposal processes.

1. Parties: Identification of the seller and the authorized vehicle scrapping facility (AVSF), including registration numbers and contact details

2. Background: Context of the agreement, including reference to relevant regulations and the purpose of scrapping the vehicle

3. Definitions: Key terms used in the agreement including technical terms related to vehicle scrapping and regulatory references

4. Vehicle Details: Comprehensive description of the vehicle including registration number, make, model, year, chassis number, and engine number

5. Sale Terms: Terms of the sale including price, payment method, and timing

6. Seller's Representations: Seller's warranties regarding vehicle ownership, absence of liens, and right to sell

7. AVSF Obligations: Responsibilities of the scrapping facility including compliance with regulations and issuance of certificates

8. Process and Timeline: Steps and timeline for vehicle handover, scrapping process, and certificate issuance

9. Compliance Requirements: Adherence to environmental regulations and scrapping procedures

10. Documentation: List of required documents and certificates to be provided by both parties

11. Indemnification: Protection against claims and liabilities

12. Governing Law: Specification of Indian law as governing law and jurisdiction details

13. Termination: Conditions and process for terminating the agreement

14. Notices: Method and addresses for serving notices between parties