cpc

charge on company

Student

How are the charges fixed on the company before the ROC? What is the procedure? Please educate.

 
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The details of charge should be filed within 30 days after the date of its creation otherwise this charge be void against liquidator and creditor of the company. However ROC may allow charged to be filed wtihin 30 days next within the expiry of period of 30 days on payment of such additional fee not exceeding ten times the amount of fee specified in Schedule X of the companies Act.   Form 8 is required to be filed.

 
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Charged is filed with ROC with in 30 days from the date of creation in Form 8

 
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