banner_ad

Regarding form 8 (Charges)

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 January 2011 Dear Professional Colleagues

A Bank sanctioned BG limit of 125 Crores and CC Limit of 5 Crores to XYZ Ltd. While filing form 8, Company fill CC limit of 125 Cr. & CC limit of 5 Cr. i.e. forget to write BG and write CC in place of that.

Is there is any alternate available to rectify the mistake or XYZ has to approach the CLB to rectify the same.

Regards
Abhishek Sharma
Profile Image

Jayashree S Iyer

Profile Image

Jayashree S Iyer (Expert)
11 January 2011 According to me this is a pure clerical error, hence you may ignore this.

The charge is created for the full amount of loan, only the category is wrongly mentioned. Again the attachments and supporting documents to Form 8 will clearly show the bifurcation.

If still you want to carry out the correction you can try modification of charge attaching same documents.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details