Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Mandatory Charge Registration Within 30 Days Under Prescribed Forms and Fees with Late Filing Options</h1> The rule mandates that particulars of the creation or modification of a charge, along with the relevant instrument, must be filed with the Registrar within thirty days using prescribed forms, signed by the company and charge holder, and accompanied by the required fee. Late filings are permitted within a specified extended period upon payment of additional or ad valorem fees. If the company fails to register the charge timely, the charge holder may file the registration and recover any fees paid from the company. Verification of the instrument varies depending on whether the property is situated inside or outside India, requiring certification by company officers or authorized persons. The rule excludes charges created or modified by banking companies in favor of the Reserve Bank of India under specified statutory provisions.