Companies' charge registration: insolvency professionals must sign CHG-1, CHG-4, CHG-8 and CHG-9 for companies under resolution or liquidation. The amendment inserts a new rule requiring that Form CHG-1, CHG-4, CHG-8 and CHG-9 'shall be signed by Insolvency resolution professional or resolution professional or liquidator' for companies under resolution or liquidation and substitutes updated versions of Forms CHG-1, CHG-4, CHG-6, CHG-8 and CHG-9 in the Companies (Registration of Charges) Rules, 2014, preserving their respective subject matter and procedural fields for registration, satisfaction, receiver notices, extension/rectification applications and debenture charges.
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Companies' charge registration: insolvency professionals must sign CHG-1, CHG-4, CHG-8 and CHG-9 for companies under resolution or liquidation.
The amendment inserts a new rule requiring that Form CHG-1, CHG-4, CHG-8 and CHG-9 "shall be signed by Insolvency resolution professional or resolution professional or liquidator" for companies under resolution or liquidation and substitutes updated versions of Forms CHG-1, CHG-4, CHG-6, CHG-8 and CHG-9 in the Companies (Registration of Charges) Rules, 2014, preserving their respective subject matter and procedural fields for registration, satisfaction, receiver notices, extension/rectification applications and debenture charges.
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