COMPANY INDIA

CHARGES

Sections 124 to 145 of the Companies Act, 1956 deal with registration of charges by companies. The subject can be conveniently divided in five topics :-

• Filing of particulars of charge created.
• Filing of particulars of modification of charge.
• Filing of particulars of series of debentures.
• Filing of particulars of satisfaction of charge.
• Condonation of delay in filing of particulars of charges created / modified / satisfied.

CREATION OF CHARGES   (Section 125)

Particulars of creation of charge shall be filed in Form No. 8 & 13, in 3 sets, alongwith all the papers / instruments relating to creation of charge.  Form No. 8 includes the following details :

• Description of instrument creating the charge
• Amount secured
• Property charged
• Terms & conditions of charge
• Name & address of person entitled to charge

Registrar of Companies (ROC) will verify the particulars filed under Form No. 8 & 13 and thereafter shall register charge which is conclusive evidence of compliance with the requirements as to registration of the charge. ROC shall deliver 2 sets duly registered under seal and signature, one for lender and second for borrower.

For further details please call: 919818092002, 9873692002 begin_of_the_skype_highlighting              9873692002      end_of_the_skype_highlighting begin_of_the_skype_highlighting              9873692002      end_of_the_skype_highlighting or,

Email to: info@companyindia.co.in

MODIFICATION OF CHARGE (Section 135)

Any change in terms / conditions / extent of operation of any charge already registered tantamount to modification under Companies Act, 1956, such as : -

• Change in rate of interest (other than bank rate), repayment period or any other material term of loan.
• Further charge for the same loan by way of additional security.
• Increase in limit.
• Change in nature of security in respect of charge already created.

Again Form No. 8 & 13, in 3 sets, are required to be filed with ROC within 30 days ( within 60 days with additional fee ). The said forms will include the instrument modifying the original charge.

ROC will register the same under seal and signature and will deliver 2 sets of modifications, one for lender and second for borrower.

Contact us

Email us in order to proceed further

For more query Email Us

info@companyindia.co.in

For further details please call: 9818092002 begin_of_the_skype_highlighting              9818092002      end_of_the_skype_highlighting begin_of_the_skype_highlighting              9818092002      end_of_the_skype_highlighting, 9873692002 begin_of_the_skype_highlighting              9873692002      end_of_the_skype_highlighting begin_of_the_skype_highlighting              9873692002      end_of_the_skype_highlighting

For further details please

Email to: info@companyindia.co.in

OUR SERVICES ALSO INCLUDES:

HR SERVICES

Index to register of charges

CERTIFICATE OF REGISTRATION

Penalties 

PROVISIONS OF PART TO APPLY TO MODIFICATION...

ENDORSEMENT OF CERTIFICATE OF REGISTRATION ...

What We Do

Company Formation Service

Our services include:

• Formation & Registration of Company
• E- Filing of Documents with MCA.
• Compliance under Companies Act, 1956
• Getting the Company name changed.
• Formation of Section 25 Company
• Getting Charge Registered
• Liaison with Registrar of Companies & Regional Directors
• Getting Director Identification Number (DIN)
• Maintenance of statutory records prescribed under    Companies Act, 1956  

and Many more.....

For further details please call: 919818092002, 9873692002 or

Fax:022-66459045