Duty to Register Charges: Understanding the Essentials under Registration of Charges
When a company obtains a loan or any form of credit, it often pledges its assets or properties as collateral. This pledge, referred to as a “charge,” must be registered with the Registrar of Companies (RoC) to maintain transparency, protect creditors’ interests, and ensure compliance with legal standards. The Companies Act, 2013, extensively covers the […]
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