Chg-1 form company taking guarantee from another company. how to create charge

Aman Agrawal (....) (101 Points)

24 February 2021  

hey i am new in this profession i need your help. ABC PRIVATE LIMITED has taken a loan of 30 crore from UCO bank and hypothicate the property of TWO companies namely PQR PRIVATE LIMITED(15 CRORE) AND XYZ PRIVATE LIMITED(15 CRORE) LOAN IS FOR CC LIMIT.

ALL THREE COMPANIES OWNED BY SAME DIRECTOR.

NOW MY QUESTION IS FOR WHICH COMPANY SHOULD I FILE FORM CHG-1 AND WHAT IS THE DIFFENRENCE BETWEEN CHARGE HOLDER AND THE COMPANY(option is showing in chg-1 form) please answer as soon as possible