Dear All,
Whether physical submission of a petition to the Regional Director
is required in case of condonation of delay in filing the particulars of the charge, modification or satisfaction of charge?
charge
details
filing
delay
condonation
There is no provision to get the charges registered under the LLP act 2008 and LLP rules 2009 Unlike the Companies Act 2013.
But LLP form-8 shows that annual returns to be filed by LLP can be either as 'Annual form or interim'.
Further, form 8 mandates a declaration of designated partners in part A (statement of solvency) stating that creation of charge modification or satisfaction has been filed till the present financial year. This implies that LLP can borrow secured loan. It is only inference that one can draw from reading the contents of Form No-8.
Therefore, when LLP takes a loan and wants to create charge, it has to file interim Form No- 8 to create charge. (please note that the declaration in statement of solvency reads as 'We have already filed a statement indicating creation of charges or modification or satisfaction thereof till the present financial year'). It is worth noting that the word' SOLVENCY' is not defined in LLP Act or The Companies Act or even in The Insolvency and Bankruptcy Code, 2016.
If its get delayed in filing of charge creation Form beyond 180 days from the day of charge creation. Any way out for the condonation of delay filing ?
creation
charge
case
delay
condonation
Whether company is required to register with Registrar of Companies in India for particulars of Charge on its assets situated outside India?
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Share circular in regard to section 87 condonation of delay for charge creation / modification by MCA
charge
delay
condonation
section
If a company is a guarantor, does it need to file e-form CHG-1 also for creation of charge?
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Dear Members,
Incase of satisfaction or withdrawal of charge CHG -4 is filed. Is there any requirement to file MGT-14 also in this case in case of public company.
charge
satisfaction
case
Dear Friends,
has any one been able to file Reg of charges for LLP in form 8 under V3 .
I have been trying to fill in the online form for charge creation, but some of the fields are not working properly and getting error message/s.
I have made several requests to MCA but no response.
what to do ? can some one please guide me through
some of the errors i am encountering and informed MCA are as under:
Issues faced on 23rd march 2022 while filling in Form 8 Charge creation
Item 8 – a. c. d. e. only visible, what happened to b.
Item 8. d . PAN Number of City Union Bank Ltd – Scheduled Bank – not getting recognized error message “ Kindly enter valid CIN”
Item f: address line “do not enter special characters, though not entered any special characters
Item 9: only alpha numerical allow – yes entered correctly , but showing error
Item 16 : entered CIN not recognized . This CIN is of EPower Energy Soluions (India) P Ltd
Item : 16.b. : CIN No of co giving corporate guarantee entered, but getting error message as “Invalid”
Item 16. D. : filed not able to enter any data
Hi
Is a company giving corporate guarantee in respect of another company required to file form CHG-1 for giving corporate guarantee.
If anyone can help.
Dear All,
Do banks charge any commission on FC GRP filed by the company?
In one of our company bank has charged commission stating "MISC COMMISSION INC TRADE FINANCE"
Can anyone please explain the same ?
charged
commission
Dear Members,
I am modifying the charge for one of my client company and additional facility issued by bank is for Rs.1.25 crore on 08/12/2021,now the total modified amount will be 16.80 crore,and we are getting penalty of Rs.85000(approx),is there any solution by which we can reduce the penalty as Ad valor em is levied on 16.80 crore.
Please guide.
modification
charge
Dear Members,
The amount of loan was fully paid off to bank in August,2020 but charge satisfaction form was not filed with the ROC at that time, now can we file it with additional fees as now it is beyond 300 days or we have to make an application to CG for extension of time. Kindly share your views.
satisfaction
charge
