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Vehicle loan

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(Querist)
26 July 2013 Would section 295 be applicable in case car is registered in name of CMD of the company against which loan is taken by company
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CA. SHIVA SHANKARA R. SHETTY

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CA. SHIVA SHANKARA R. SHETTY (Expert)
27 July 2013 As per my opinion No. Because, the company not given any loa to the CMD.

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