About this document
Hypothecation of Vehicles Under Companies Act by Anoop Yadav is a document available to read on EtoBox.
The document discusses the registration requirements for hypothecation of motor vehicles under the Companies Act, 2013. It notes that while the previous Act did not explicitly require registration of hypothecation, court rulings established that hypothecation creates a charge. The new Act now requires registration of every charge created on company assets, whether tangible or intangible, so companies will need to register hypothecation of motor vehicles used for business purposes.
- Author
- Anoop Yadav
- Language
- EN