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creation of charge ( form 8)

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YOGESH GUPTA

YOGESH GUPTA (Querist)
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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

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M Prabhakar Menon

M Prabhakar Menon (Expert)
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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.

CA Ashok Kumar Sahu

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

Rasesh (Expert)
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28 March 2010 Agree with expert.

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