https://www.taxtmi.com/forum/issue?id=1221 Hypothecation of vehicles acquired on EMI is characterised as a pledge of movable property rather than a mortgage; pledges of movable property fall outside the statutory charge regime, so registration formalities for charges (Form 8) under Chapter V are not applicable to such car loans. en-us Fri, 29 May 2009 17:20:18 +0530 Thu, 23 Jan 2025 15:58:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1221 Hypothecation of vehicles acquired on EMI is characterised as a pledge of movable property rather than a mortgage; pledges of movable property fall outside the statutory charge regime, so registration formalities for charges (Form 8) under Chapter V are not applicable to such car loans. Discussion-Forum Indian Laws Fri, 29 May 2009 17:20:18 +0530 https://www.taxtmi.com/forum/issue?id=1221