Registration of charge with ROC
This query is : Resolved
18 August 2010
Dear Experts,
Whether asset in the name of Director which is given as collateral security for bank loan to be registered with ROC? Since it is not in the name of the company, can it be still registered with ROC?
Whether asset in the name of Director which is given as collateral security for bank loan to be registered with ROC? Since it is not in the name of the company, can it be still registered with ROC?
18 August 2010
No need to create charge on Director's personal property.
19 August 2010
Agreed
19 August 2010
Agree with warrier Sir.
For the list of compulsorily registrable charges under the companies act, 1956 kindly check section 125(4).
Regards
For the list of compulsorily registrable charges under the companies act, 1956 kindly check section 125(4).
Regards
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