Form 8


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Querist : Anonymous

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Querist : Anonymous (Querist)
12 April 2010 We have taken one OD credit limit from a bank by pledging our directors mutual fund. Whether form 8 is required to file for OD or Short term loan.

In normal senario we will be filing form 8 for creation of a charge. But whether the above will attract filing of form 8

12 April 2010 Since the property pledged is not in the name of the company, no need to file e-form 8.

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 April 2010 Thank you very much

Rasesh (Expert)
12 April 2010 Agree with expert.

12 April 2010 Agreed

12 April 2010 Agree with experts.


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