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        Section 18 - Amendment of section 77

        Companies (Amendment) Act, 2017

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        Charge registration exclusion: charges prescribed in consultation with the Reserve Bank of India are exempted from section 77 application. The amendment inserts a proviso stating that section 77 shall not apply to charges that are prescribed in consultation with the Reserve Bank of India, thereby excluding such prescribed charges from the section's operation.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Charge registration exclusion: charges prescribed in consultation with the Reserve Bank of India are exempted from section 77 application.

                              The amendment inserts a proviso stating that section 77 shall not apply to charges that are prescribed in consultation with the Reserve Bank of India, thereby excluding such prescribed charges from the section's operation.


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