Whether Director of the company can hold more than one car in his name for use in the business of the company?
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Holding a car in name of director for office use
Replies (2)
| Originally posted by : Parth Shah | ||
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Whether Director of the company can hold more than one car in his name for use in the business of the company? |
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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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