Charge creation

This query is : Resolved 

12 June 2013 If a company takes a bank Guarantee for a specified period from the Bank and against it it mortagages the equitable mortgage of land & building which belongs to Directors,is it mandatory to file a Form 8 for that?

12 June 2013 yes to file form 8

14 June 2013 Thank you Rupesh Sir...But if the property mortgage against bank guarantee belongs to Directors and doesnot belongs to Company then?


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