Charge (form chg-1) petition


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Querist : Anonymous

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Querist : Anonymous (Querist)
15 December 2014 Company has taken loan from Bank but company fails to file form CHG-1 within specified limit. Now said Form is under Condonation (Petition). Form CHG-1 is filed with ROC. Now Company has taken another loan (Modification of aforesaid facility). My question is that Can Company file Modification Form if the earlier form is under petition.

15 December 2014 ACCORDING TO MY VIEW YOU CAN'T FILE FORM FOR MODIFICATION


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Querist : Anonymous

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Querist : Anonymous (Querist)
17 December 2014 If i can't file modification form then the said form will also go under Petition.


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