Loans (Secured) availed by a Private Limited Company

This query is : Resolved

Guest

Guest (Querist)

03 February 2010 ABC Private Limited availed loan from the following on various dates :

1. Reliance Capital. (Secured Loan by charge of a land belongs to the company).

2. Kotak Mahindra. (Secured Loan by hypothecation of vehicles).

3. ICICI Bank. (Secured Loan by hypothecation of vehicles).

My Query :

Whether Form 8 is to be filed for the
Secured Loans availed by the company.

Await experts' advise on the above query.

Jagruti (CS)

Jagruti (CS) (Expert)
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04 February 2010 Yes you have to file Form 8 within 60 days of creating security

Jagruti (CS)

Jagruti (CS) (Expert)
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05 February 2010 Sorry within 30 days of creation of charge and maximum within 60 days with late fees

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