Creation of charges
This query is : Resolved
31 May 2012
Whenever a private limited company purchases any fixed asset (movable or immovable)by financing it from external sources - is a charge created???? If so is it necessary to file Form 8 with the ROC??????
01 June 2012
Hi
No, creation of charge arise, when you take money against immovable property like land office premises, then it will be covered under 125 of the Companies Act, 1956. Form-8 in your, case no need to file with ROC.
Regards
No, creation of charge arise, when you take money against immovable property like land office premises, then it will be covered under 125 of the Companies Act, 1956. Form-8 in your, case no need to file with ROC.
Regards
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