Charges - Registration/Modification of Solution to certain problems arising out of registration/modification of charges provided

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....ems arising out of registration/modification of charges provided After a company has filed particulars of the charge relating to a property in Form No. 8, occasions arose subsequently when it becomes uncertain as to whether particulars of the fresh charge in Form No. 8 or those of the modifications of the earlier charge in Form No. 14 should be filed. Such occasions are likely to fall within on....

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.... also a simple case falling under section 135 and, as such, particulars of the modification in Form No. 14 are required to be filed. 4. Additional loan is raised against re‑mortgage or further charge of the property A, the further charge not to rank pari passu with the prior charge ‑ Section 135 does not appear to come into play here as the terms and conditions or the extent or oper....

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....neously ‑ Only section 135 is attracted and Form No. 14 is only required to be filed. 8. Additional loan is taken against mortgage or charge of property B without referring to the loan already taken by charging property  - This falls under section 125 and, such particulars of the fresh charge in Form No. 8 are required to be filed. 9. Additional loan is raised and it is stipulated....