condonation of delay in registration of charge

[Priyanka Jain]

I want to know the latest complete process for condonation of delay for satisfaction of charge as soon as possible.

AI Summary

Exploring Delay Condonation in Charge Registration: Steps, Board Resolution, and ROC Approval Process under Corporate Law An individual inquired about the process for condoning delays in the registration of charges under corporate law. The discussion included a detailed explanation of fixed and floating charges, their registration, and the consequences of non-registration. A response outlined the procedural steps for filing a petition for condonation of delay, including obtaining a board resolution, preparing the petition with necessary documents, and filing various forms with the Registrar of Companies (ROC). The process concludes with the issuance of an order by the Regional Director, payment of prescribed fees, and final approval by the ROC.