Suppose if i take a car on lease whether i need to register that agreement?
If it is optional please tell me the pros and cons of not registering the contract
Suppose if i take a car on lease whether i need to register that agreement?
If it is optional please tell me the pros and cons of not registering the contract
pervez (adviser) 10 September 2011
No need to register, being movable asset... Transfetr of proerty dealos only with movable that too Rs. 100/- & above.... U may enter into a lease / hire agreement with the owner clearly mentioning the terms for such hire and payment thereof including tenure of lease...
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