An NOC is issued by the Transport Office of a particular state which enables the vehicle to be re-registered in another state in India. It's basically to ensure that the vehicle is not stolen and does have any pending fines/cases . If I'm not mistaken, it's valid for a limited period of time after its issued, so the application to the next RTO has to be submitted before that.
To initiate the process of obtaining an NOC, there a form that the previous owner will have to sign that gives permission for the NOC to be created.
It would be a little bit easier to sell a bike in another state if you have this form signed by the previous owner.
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