Charge filing

yes company has to file charge detail in form no. 8 or 13

Mr. Vikash the form no. 13 for charge create for debenture issue not for hypothication.

As far as I know no charge is created on vehicles. Wait for others views.

Dear All,

If bank or financial insitution (Charge Holder) insist to create a charge, then you should file form-8 along with deed of hypothecation within 30 days from the date of execution of the said deed.

Dear Friend

Yes File Form 8 with in 30 days with specified Fee's then in next 30 days with late fee's.

After 60 days if u filled then u have to take order from CLB u/s 141.

So file it ASAP

Regards

yes charge creation is must even if bank does not insist coz its companies liability. i have created similar charge when the comapny has purchased 40 cars .

Form 8 has to be filed as there is a hypothecation of companies assets, and the same shall be done within 30 days of the creation of charge. Once the charge is created the same has to be updated in Statutory Register of the company.

Regards

CS Jithesh

Form 8 has to be filed as there is a hypothecation of companies assets, and the same shall be done within 30 days of the creation of charge. Once the charge is created the same has to be updated in Statutory Register of the company.

Regards

CS Jithesh

Sorry I have mentioned twice :)