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form 8

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(Querist)
18 February 2011 hi.. there is a private limited company which purchases a car on loan... does form 8 has to be filed for that.. please treat this as urgent
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CS Taher

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CS Taher (Expert)
18 February 2011 If the car is in the name of the company then yes.
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udit sharma

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udit sharma (Expert)
18 February 2011 Hi...

If the loan has been availed in the name of the Company and for the purpose of secruing the repayment of the amount borrowed, any property of the Company has been given as security, then Form 8 has to be filed within 30 days from the date of execution of documents for creating charge on the property of the Company.

God Bless

CS Udit Sharma
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