Charge creation
This query is : Resolved
16 February 2015
Whether pledge on FD by Company for overdraft facility is required to be registered as charge with ROC?
16 February 2015
Yes , as per section 2(16).
No, as per e-form CHG-1, in view of the wordings 'not being pledge' in clause 8(a).
No, as per e-form CHG-1, in view of the wordings 'not being pledge' in clause 8(a).
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