Charges

This query is : Resolved 

18 December 2013 If the Company A gives its property as a security for credit facilities to be obtained by Company B, Which company shall file Form 8? Company A or Company B or Both?

18 December 2013 For property the owner of property Co.A will file Form-8 with ROC.

The charge is not created by company on other company property.

19 December 2013 In Form 8, point no. 16, it is written that Whether any of the property or interest therein under reference is not registered in the name of the company? If yes, in whose name it is registered/

Does it not mean that even Company B has to file Form 8 by virtue of point 16 above?

19 December 2013 You will mentioned no.

it is not required to give yes in that column for favoring company B.


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