There are two Companies ABC Pvt Ltd and PQR Pvt Ltd. ABC Pvt Ltd taking loan from the Bank and PQR giving guarantee on its property.
- Whether Charge will be created in ABC Pvt Ltd?
- Whether charge will be created in PQR Pvt Ltd?
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Creation of charges under companies Act 2013
Replies (2)
Charge will be created in PQR Pvt ltd
Thanks Jay for your prompt reply.
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