Registration of charge with roc
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 July 2013
What is the remedy for a bank if inadvertently at the time of sanction of a loan Form 8 was not filed and after the sanction of that loan company is not ready to file Form 8? Then how can bank register that charge with ROC without the dsc of that company?
12 July 2013
Hi
If you have created a charge by executing an instrument, and Bank has sanction your loan, then particulars of charge is required to be filed with ROC. You can not escape from this, if Bank is agree to submit the required form.
If you have created a charge by executing an instrument, and Bank has sanction your loan, then particulars of charge is required to be filed with ROC. You can not escape from this, if Bank is agree to submit the required form.
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 July 2013
Ajay Ji, here Bank is ready to file Form 8 but Company is not ready to file form -8 after sanction of its loan by bank. now my question is what is the remedy available to bank in this case.
pls give your suggestion or advise with the point of view of a bank.
pls give your suggestion or advise with the point of view of a bank.
13 July 2013
Hi
If you have not agreed to take loan or wanted to comply the terms of loan, then you can revoke the such loan in Board and send the letter of revocation of bank facility.
If you have not agreed to take loan or wanted to comply the terms of loan, then you can revoke the such loan in Board and send the letter of revocation of bank facility.
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
- Required to submit form 10IEA_fy 24-25
- Error whilst validation
- Rebate u/sec. 87A manually
- SALES MADE THROUGH E COMMERCE OPERATOR 9(5)
- TDS deducted in different section but Deposited in a Single section via Single challan
- Form 15G eligibility for individuals
- Ewaybill Material value reg
- SEA GOING ALLOWANCE
- Which ITR application
- SFT Mismatch
- GSTR ITC relationship
- Profit transfer entry from one branch to head office branch
- RCM on affiliation fees paid to foreign educational institution
- E proceeding query u/s 143(2) for a.y. 24.25
- REQUEST FOR HELP IN TALLY THE BALANCE SHEET
- CHANGE IN PARTICULARS OF DIRECTOR
- Non- payment of GST on supply of services- reg
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Fees amount transfer procedure for two doctors
Trending Online Classes
CAclubindia
