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 ?
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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 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 Members
Pls Suggest.
Shall we to crate charge for loan amount or sanctioned credit facility towards commercial vehicle and equipment loan
Pls advise.
Dear All
Is it mandatory to get form CHG-1 certified by practicing professional ?
Hi,
What are the consequences for delay in filing of form 8 for creation and satisfaction of charge in LLP?
Do i have to file con donation application like we do it under companies act?
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Hello,
Is it required to create and file charge for creation of bank guarantee against FDs held in the bank?
Regards,
Dear Members
Shall we to mention the PAN of charge holder or designation of charge holder in form 8 LLP towards creation of charge
Dear Members
Shall we to mention the PAN of charge holder or designation of charge holder in form 8 LLP towards creation of charge
Dear members,
A charge was created on May 2020 but failed to file with the ROC within a period of 30 days,now what is the procedure for charge creation with ROC and does it leads to con donation of delay in creation of charge?
Kindly give your valuable suggestions,its little urgent.
Thanks
