Within how many days form chg-1 can be filed for creation of charges?
Also can a company take a loan by mortgaging the property in the name of Directors close relative (like director being a son and property in the name of mother)
TIA.
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Creation of charge cos act 2013
Replies (1)
within 120 days CHG1 to be filed.
Anyone can offer their assets as collateral for company. Usually promoters give personal guarantees.
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