Purchased car on wife's name, bank disbursed the loan on my name
May 14, 2026
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Consumer Protection Act, 2019
► I purchased a new car. The booking, GST tax invoice, and RTO registration (BH Series) were done legally in my wife's name. However, the bank negligently disbursed the loan in my name without making my wife a co-applicant. To fix their audit failure, the dealership and bank are now proposing to retroactively cancel my wife's GST invoice, issue a new primary invoice in my name, and process an RTO 'name correction' so the RC shows me as the 01 First Owner. They are asking for my KYC and Form 60 to do this. Is it legally safe for me to agree to this retroactive invoice cancellation and RTO alteration, or does this expose me to future insurance, tax, or legal liabilities? Should I instead send a legal notice demanding the bank rectify the loan docket
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