Filing of Charge for Auto Loan
This query is : Open
shankar banerjee
(Querist)
30 November 2009
Whether it is compulsory to file charge in form 8 with ROC for a vehicle purchased under Auto Loan scheme by hypothecation of the vehicle. There are practical difficulty is filing eform since ROC is using acrobat 7 version whereas others particularly pvt sectors bankers are using much higher version.
If not mandatory please state reasons, judicial pronouncements, case law reference, opinion of renowned authors
If not mandatory please state reasons, judicial pronouncements, case law reference, opinion of renowned authors
CS Vandana Kacholia
(Expert)
30 November 2009
well its not mandatory to file form 8 for auto loan and you can suggest them to use relevant version or better you do the needful and get the DSC.
others views are also solicited.
Regards
others views are also solicited.
Regards
shankar banerjee
(Querist)
30 November 2009
Need suitable section/judicial standing to present your case
Guest
Guest
(Expert)
01 December 2009
To my opinion filing of charge is mandatory in this case.
With Regards/Neha
With Regards/Neha
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