Charges


This query is : Open 

10 March 2011 Hi

My company has taken loan from Bank against which Bank has created charge on moveable & immoveable aseets of the company. While filing the charge Bank by mistake filed 2 seperate forms for moveable aseets & immoveable assets. Now Index of Charges shows two seperate charges in the name of the company having different charge ID's. If Bank gives satisfaction letter the whole charge will removed & again new charge will have to be filed then again stamp duty & procedural formalities.

I want to ask whether there is any other way by which we or our bankers can convince ROC that it was by mistake & both are one and same charges and thereby to remove one charge completely ... Plz suggest...

10 March 2011 Once the e-forms are approved by MCA, correction of the same is not possible. To my mind no alternatives other than satisfaction and creation afresh.

10 March 2011 Thanks for the reply but sir, this will require stamp duty to be paidagain as the charge is of Rs. 91 Crores.Charge is 1 year old....any other solution????


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details