Register of Charge in case Gurantee ?

CourseCart.in (Mentor at SHAYVIDZ Academy)   (3756 Points)

18 August 2009  

If one private limited company gives corporate gurantee for Bank Loan taken by its other Group Company, then whether it is necessary to intimate or register  this guarantee given to the other company by way of e-Form 8 ??

Remark :- The company who is giving guarantee has already taken loans for own by mortgaging & hypothecation of assets.