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Registration of charge

This query is : Resolved 
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(Querist)
23 August 2011 pvt ltd co. has taken a loan against the residential house of a director. does this requires registration with roc.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
23 August 2011 No. Because property is not owned by the company.
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CA Sumat Singhal

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CA Sumat Singhal (Expert)
23 August 2011 Agree with sir. Refer sec 125 of companies act 1956
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