Requirments in co. law
This query is : Resolved
vishal lohia
(Querist)
22 June 2013
A car is purchased by a director of pvt.co. in his name through bank finance.. Later on he transferred car and loan to the co.in which he is a director..whether it is possible....? If so what are the requirments.....?
Rupesh Jain
(Expert)
22 June 2013
it is possible when a purchase agreemant made and also change in veh registration numner and with finance co/.also change the name borrower
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vishal lohia
(Querist)
22 June 2013
Whether approval from CG is also required if the paid up capital of the co. is 1crore.....?
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