Alwar (Rajasthan): A case of alleged fraud has been registered against Tata Motors Finance Limited and eight of its officials following a complaint by a scrap dealer in Rajasthan’s Alwar district. The complainant alleged that despite paying ₹46.66 lakh for the purchase of five vehicles through an online auction, neither the vehicles nor the required ownership transfer documents were handed over to him. Acting on the directions of a local court, the Aravali Vihar Police Station registered an FIR and initiated an investigation into the matter.
According to the complaint, Ashok Kumar, proprietor of Ganpati Scrap and a resident of Sanjay Colony in Alwar, stated that he was an authorised online buyer of Tata Motors Finance. He alleged that during 2023 and 2024, he deposited a total of ₹46,66,500 for the purchase of five repossessed vehicles offered through the company’s online auction platform.
The complainant alleged that the company had assured him that the vehicles would be released after obtaining the necessary approvals from the court or the competent authority and that they would be transferred in his name after completion of all formalities. The company had also reportedly promised to provide the required ownership transfer documents, including Form 35 and Form 36. However, despite making full payment, neither the vehicles nor the relevant documents were allegedly delivered.
Ashok Kumar further alleged that he later discovered some of the vehicles had already been released to their original owners, while others had reportedly been confiscated by the state government and auctioned through a separate legal process. Despite these circumstances, he claimed the company had collected the entire payment from him. He also alleged that repeated requests for either delivery of the vehicles or refund of the deposited amount did not receive any satisfactory response.
According to the complaint, on June 17, 2026, company officials allegedly refused both to hand over the vehicles and to refund the money. Following this, the complainant approached the court, which directed the Aravali Vihar Police to register an FIR against Tata Motors Finance Limited and eight of its officials.
Police said they are examining the auction records, payment details, ownership documents and other relevant evidence as part of the investigation. Investigators will also verify the legal status of the vehicles, the basis on which payments were accepted and whether the allegations made in the complaint are supported by documentary and other evidence. The investigation is currently underway, and the allegations have not yet been independently established.
The FIR names the company’s Managing Director, Regional Manager, collection officials, branch head and other concerned officials. Police stated that further legal action will be taken based on the evidence collected during the course of the investigation.
According to the Future Crime Research Foundation, buyers participating in online vehicle auctions or purchasing repossessed assets should independently verify the legal status of the vehicle, ownership records, court orders, outstanding claims and transfer documentation before making any payment. Experts also recommend preserving digital payment receipts, auction records, emails, contracts and all related communications, as these documents can serve as crucial evidence in the event of a legal dispute.
