As the name suggests, a no-objection letter is a record where a person or legal entity signs a formal and clear statement that they have no objections to a process or activity, and the consequences could affect the validity of the letter. It’s kind of like a waiver, but it’s more often used for business purposes.
Usually, it is not addressed to a specific person, but to “anyone in the case,” which is a broad statement. It is not necessary to print the NOC on stamp paper. But since a NOC is a legal document that a judge can use, it is best to have it signed and notarized. And if someone sees it and signs it, it can’t be argued that it’s not real.
The NOC is a legal document that gives anyone, a company, or a bank permission to do or carry out an action. A NOC can help you stay out of trouble with the law because it can be used in court to prove that you are not guilty. An NoC is good for up to six months after it is given.
Let’s look at some of the most common times when a NOC might be used.
NOC for Setting Up a Business
It is common, especially for people who start a business from their home. Let’s say you want to start your own business and want to list your home address as your business address. In that case, you must get a No Objection Certificate (NOC) from the person in whose name the property is registered.
The person could be a family member or, if you live in a rental, your landlord. This is a common practise, since the registered address isn’t always the same as the business address. It’s just a place where you can send mail. This arrangement makes it easier to start a business than if you had to find a place to do so.
Permission to Enter with a Car
When someone moves and drives their car around their new neighbourhood. If you’re only moving for a short time, or for less than three months, you don’t have to register your vehicle. But if you move for more than a year, the RTO in your area should re-register the car. To do this, you must get a no-objection certificate (NOC) from the RTO where you registered the car. The NOC will say that the vehicle has no outstanding fines or traffic tickets.
The person who wants a NOC must go to the local RTO to turn in their application for a No Objection Certificate.
After applying, the police send a report to the RTO about any traffic violations or other legal problems with the car.
If there are no problems left to solve, an approval receipt and a NOC are sent out.
Here are the things you need to send with your application for a No Objection Certificate:
- Registration certificate
- Insurance permit certificate of insurance
- PUC (Pollution under control) certificate
- The car’s owner must show proof of his or her address and identity. Also, the vehicle’s owner must show proof of who they are.
NOC for Banking Use
If a person takes out a loan for personal reasons, like a home or car loan, and pays it back in full, they must get a “No Objection Certificate,” or NOC, from the bank. This says the loan has been paid back in full, and the account has been closed.
This can be used for payment instead of an invoice or receipt. To finish the paperwork needed to close a loan, a bank’s NOC is required. The NOC for a home or car loan is an official, legally binding document that says the borrower has paid all EMIs and any other loan fees that are still due.
NOC for Construction of Buildings
Before building a structure, you must get an official NOC from different agencies and government departments. The fire department must also give a NOC for high-rise buildings and apartments. The Chief Fire Officer gives the NOC once the construction plan has been approved and reviewed by the authority that issued the go-ahead for construction.
NOC for Refund of Road Tax
The rules say that the person who wants to register a vehicle can ask to not have to pay the initial road tax. State to state, the deadline for asking for a refund is different. But the process can start after you’ve moved to a different state or federal territory and gotten the NOC. The only person who can get money back is the first owner, also called the original owner. Check the rules of your local RTO to find out more about how to get a refund.