Charge creation
This query is : Resolved
04 January 2013
Sir., I am new to company law matters. One of my client has taken a loan from a nationalised bank , 1.OCC loan., 2.Term loan.,
Now., we need to file form 8 in the ROC for creating the Charges for the above loan.,
My query is .,
Is the manager of the Bank also need to sign the Form 8.,
2.Can we file a single form 8 for the both Term loan and OCC loan
3.What is meant by Instrument(s) of creation or modification of charge and how can we get it.,
Please clarify me sir,,
Thanking you in advance
Now., we need to file form 8 in the ROC for creating the Charges for the above loan.,
My query is .,
Is the manager of the Bank also need to sign the Form 8.,
2.Can we file a single form 8 for the both Term loan and OCC loan
3.What is meant by Instrument(s) of creation or modification of charge and how can we get it.,
Please clarify me sir,,
Thanking you in advance
04 January 2013
Hi
Yes, Bank manager will also sign Form-8.You can file single Form-8 if the Bank and terms and condition is same.
Instrument means on which you have given security on loan. property/vehicle/stocks, etc.
Yes, Bank manager will also sign Form-8.You can file single Form-8 if the Bank and terms and condition is same.
Instrument means on which you have given security on loan. property/vehicle/stocks, etc.
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