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what is the time limit for registration of charge ??

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

**TIME LIMIT FOR REGISTRATION OF CHARGE** A company must file within 30 days of creation of a charge with the Registrar complete details of the charge together with the instrument of charge or its verified copy in respect of certain charges. Otherwise the charge will be void. THANKS....

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Time limit for registration of a Charge A charge created by a company is required to be registered with the Registrar within thirty days of its creation in such form and on payment of such fees as may be prescribed. According to Companies (Registration of Charges) Rules, 2014 e-forms prescribed for the purpose of creating or modifying the charge is Form No.CHG-1 (for other than Debentures) or Form No.CHG-9 (for debentures including rectification). Thanks

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

According to Section 77 of the Companies Act, 2013, it shall be the duty of every company creating a charge - (a) within or outside India, (b) on its property or assets or any of its undertakings, (c) whether tangible or otherwise, and situated in or outside India, to register the particulars of the charge. The particulars of the charge shall be filed with the Registrar with the signatures of the Company creating the charge and the charge holders in Form CHG- or CHG-9, as the case may be. The Charge has to be registered within 30 days of its creation.

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