TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Company charges on assets: 30-day registration deadline, fees for delays, and unregistered charges ignored in liquidation.</h1> Every company creating a charge on its property, assets, or undertakings (in or outside India) must register prescribed particulars and instruments of the charge with the Registrar within 30 days of creation, subject to specified extended timelines on application and payment of additional or ad valorem fees depending on whether the charge was created before or after commencement of the Companies (Amendment) Act, 2019, and subject to a carve-out for prescribed charges in consultation with RBI. The Registrar must issue a certificate of registration upon registration. An unregistered charge is not to be taken into account by a liquidator appointed under the Companies Act or the IBC, 2016, or by any other creditor, though the underlying repayment obligation remains enforceable, and later registration does not prejudice pre-registration rights.
TaxTMI 
TaxTMI 
