Procedure for creation of charge

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

01 January 2014 Dear Sir/madam

I want to know that how to create charge by the company.Please send me reply recently

CS Adnan Shaikh

CS Adnan Shaikh (Expert)
Follow

01 January 2014 Whenever a company create a charge on its assets, with in 30 days it has to file Form 8 with ROC ( Form 10 in case of series of Debentures).

Procedure:
1. Get the details of charge -if the charge is created in favour of a bank, get the copies of the documents creating or evidencing charge,copy of the Board resolution given by the Company.
2. Download Form 8 from MCA website and fill up.
3. Scan the documents creating or evidencing charge ( black & white, Resolution 200dpi, pdf file) and attach it with Form 8.
4. Toal file size should not exceed 2.5 MB.
5. Get the Digital Signature from Company & Bank.
6. File the signed form 8 by E-Filing through MCA21 website.
7.The fee will be Max.Rs.500/300/200 depending on the Authorised capital of the Company.
8.See that Form 8 is filed with in 30 days( 60 days with additional fee) after the date of the Document creating charge.

Regards,
Adnan

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