There is a charge created on a loan against stock & book debts.Now, bank wants to create / modify charge on the same loan against immovable property..What should be done??Whether it will be creation or modification of charge..
3 Replies
Ajay Mishra
(Company Secretary)
(74342 Points)
Replied 28 July 2009
Dear Ms. Sweta
Please clarify whether bank want to create or modify the charge on the same amount of loan?
Regards
Ankur Garg
(Company Secretary and Compliance Officer)
(114783 Points)
Replied 28 July 2009
This is the case of modification of charge. You have to file form-8 for the modification with in 30 days of modification.
Regards
RAHUL
(Company secretary )
(226 Points)
Replied 28 July 2009
Dear friend
According to my opinion this is matter of modification you require file form 8 with in 30 days of modification if you want to more help you send mail. My Email.id is nitinagarwal113 @ gmail.com
Regard
CSNITIN
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