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Charge register at registered office

prashant ( CS) (19 Points)

29 July 2023

what is register of chg to maintain at registered office in form chg 7 and what type of details required in it and how a company secretary can identify charges made by company indivisually

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4 Replies

Nikita Agarwal (Semi Qualified CA) (3208 Points)
Replied 30 July 2023

Yes CHG 7 register of charge needs to be maintained at reg office.
containing details of charges on the company's assets like type of charge, date of creation, details of the property/assets charged, and the names of the charge-holders.
company secretary can review various documents, such as loan agreements and related docs,mortgage or debenture trust deeds property title deeds, equipment agreements ,records of filings with the ROC etc

1 Like

sabyasachi mukherjee (27837 Points)
Replied 04 August 2023

There are two types of charges floating and fixed.

prashant ( CS) (19 Points)
Replied 06 August 2023

Ok but can you suggest difference between charges and deposits as I read any amount taken from bankers,or other any person is a deposit and such deposit may be secured by charges so in Deposit details in DPT 3 form may some items which are in charge register। or deposit means only unsecured loans and deposits