Company Secretary & Compliance Officer
17858 Points
Posted on 30 November 2017
| Originally posted by : CA B S Swamy |
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kindly any one clarify whether, filing of form 8 is required for financial guaranttee given by the company to bank, on that basis the bank is giving loan to the formers. thank you
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Yes, filing of charge is necessary in case of Corporate Guarantee given by the Company.