CHARGE CREATION AND SATISFACTION
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FRANCIS PAVITHRA & ASSOCIATES LLP
FRANCIS PAVITHRA & ASSOCIATES LLP
FILING OF FORM CHG-1 WITH ROC
Companies (Amendment) Ordinance,2019 – 12.01.2019
Charges created before 12.01.2019 | Charges created on or after 12.01.2019 |
To be registered within 30days of creation | To be registered within 30days of creation |
Further period of 300 days from the date of creation is allowed | Further period of 60 days from the date of creation is allowed with additional Fees |
6 months from 12.01.2019 (i.e till July 2019) with additional Fees | Further period of 60 days from the date of creation is allowed with advalorem fees |
SATISFATION OF CHARGE
- To be filed in Form CHG 4 within 30 days of payment or satisfaction
- Further 300 days is allowed with additional fees
- After 300 days, application shall be filed for under the terms mentioned in Section 87 of the Companies Act
Circumstances on which application shall be filed under Section 87
uNon filing of Satisfaction of Charge within specified time under Section 82 of the Act or
uThe omission or misstatement of any particulars, in any filing previously made to the Registrar with respect to any such charge or modification thereof or with respect to any memorandum of satisfaction or other entry made in pursuance of section 82 or section 83.
Charge Creation And Satisfaction