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corporate guarantee

Others 1166 views 7 replies

Hiii

Company A has given a corporate guarantee to Company B. 

Can sumone please tell me whether Co. A has to file any form with the ROC. 

And any other formalities it needs to comply with the ROC

 

Thanks

Meenakshi

Replies (7)

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Good morning............
Welcome to this forum.....
thank you.....................
Have a nice day......
Thank you for sharing with us.....
regards ,
phe9oxis.
https://www.guidebuddha.com

 

Hi

Its not mandatory to Fil Form 8 to ROC but if bank demand than you hav to file 

Originally posted by : neha

Hi

Its not mandatory to Fil Form 8 to ROC but if bank demand than you hav to file 

 I think Form 8 is required to be filed.

Please confirm

because as per section 124 of the Companies act 1956 ,Corporate Guarantee in not included in the List so we need not have to File Form 8

Hi Neha

Yes. But in general practice, it is strongely recommended to file Form 8 even though the bank demand for the same.

Hi Bharat 

Ok  I agree 

 

Can you tell that We have to File Form 8 for BOth the Company or Just that Company in whose favour we are taking the Guarantee


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