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of <h1>Registrar Can Register Optional Charges on Movable Property; Companies Must Report Changes for Benefit.</h1> The circular addresses whether a Registrar can register a charge on a company's movable property when such registration is not mandated by the Companies Act. It clarifies that while registration of a pledge on movable property is not compulsory, it is allowed if the company or an interested party submits the required details and fee. The Registrar should inform the requesting party that this registration is optional and advise that any subsequent changes or satisfaction of the charge should be reported to the Registrar for the company's benefit.
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