Holding a car in name of director for office use

Others 788 views 2 replies

 

Whether Director of the company can hold more than one car in his name for use in the business of the company?

Replies (2)
Originally posted by : Parth Shah

 

Whether Director of the company can hold more than one car in his name for use in the business of the company?

Your query is not clear, 

Car must be registered in the name and favour of Company, there are no provisions in act restricting  usage and maintaining  more than one car by director for business purpose.


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