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Form 8

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 April 2012 under the form 8 ,when there is the tick mark on the Movable property ( Not being Pledge)
what does it stand for?
what is its interpreatation?
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Ajay Mishra

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Ajay Mishra (Expert)
06 April 2012 Hi

If you are creating charge against movable property other that pledge then it can be covered under Movable property.

For example if the company taking loan against car then it will cover under this category.


Regards
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CA. Nitin Agrawal

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CA. Nitin Agrawal (Expert)
06 April 2012 Agreed with Mr. Ajay Mishra
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