https://www.taxtmi.com/article/detailed?id=12545 Charges on property are security interests created to secure debts, with equitable charges enforceable in court without registration but lacking a power of sale, and legal charges requiring registration and typically conferring a power of sale. Fixed charges attach to specific property interests allowing immediate remedies, while floating charges cover shifting assets and crystallise on default. The Transfer of Property Act of 1882 governs charges on immovable property, whereas charges on movable property are regulated by principles under the Indian Contract Act of 1872. en-us Mon, 22 Apr 2024 09:10:21 +0530 Mon, 22 Apr 2024 09:10:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12545 Charges on property are security interests created to secure debts, with equitable charges enforceable in court without registration but lacking a power of sale, and legal charges requiring registration and typically conferring a power of sale. Fixed charges attach to specific property interests allowing immediate remedies, while floating charges cover shifting assets and crystallise on default. The Transfer of Property Act of 1882 governs charges on immovable property, whereas charges on movable property are regulated by principles under the Indian Contract Act of 1872. Articles Corporate Laws / IBC / SEBI Mon, 22 Apr 2024 09:10:21 +0530 https://www.taxtmi.com/article/detailed?id=12545