Modification of Charge
This query is : Resolved
24 February 2010
Do the following documents constitute valid attachments for evidencing the provision of collateral security for the modification of a charge or is it necessary to have a supplemental agreement or any other instrument by whatever name called??
a) Board's Resolution
b) Affidavit from all the directors containing details of the modification.
a) Board's Resolution
b) Affidavit from all the directors containing details of the modification.
24 February 2010
As per my understanding, a modification agreement executed and signed by the parties involved therein on a stamp paper of appropriate value is required.
24 February 2010
The Affidavit is on Stamp paper of requisite value and affirmed by Notary. But yes it is signed only by the Directors on behalf of the Company and not by anyone on behalf of the chargeholder.
24 February 2010
As per my understanding ROC may ask for the agreement evidencing the modification of charge. If you have uploaded form 8 without agreement then keep checking the ROC approval status on MCA site.
Regards
Regards
24 February 2010
well a supplement agreement signed by both the parties will be required for modification of charges.
24 February 2010
thanks a lot all of you
24 February 2010
i'll let you know whatever happens with this matter
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Section 194JA & JB Income which ITR Form to use
- Tax on Deemed Capital Gain
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
