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creation of charge ( form 8)

This query is : Resolved 
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(Querist)
27 March 2010
Whether charge to be created (form 8)for every hire purchase by the company.
Eg.if a company purchase car of rs 5 lacs under hire purchase agreement whether charge is to created for the same

Regards
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M Prabhakar Menon

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M Prabhakar Menon (Expert)
27 March 2010 If the charge is created by a single document then submitting Form 8 for that will suffice is seperate docs are there then if the financier requires u will have to register each one seperately.
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
27 March 2010 agree with expert
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Rasesh

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Rasesh (Expert)
28 March 2010 Agree with expert.
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