Charge creation

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CA bhargava (Querist)
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04 January 2013 Sir., I am new to company law matters. One of my client has taken a loan from a nationalised bank , 1.OCC loan., 2.Term loan.,
Now., we need to file form 8 in the ROC for creating the Charges for the above loan.,
My query is .,
Is the manager of the Bank also need to sign the Form 8.,
2.Can we file a single form 8 for the both Term loan and OCC loan
3.What is meant by Instrument(s) of creation or modification of charge and how can we get it.,

Please clarify me sir,,

Thanking you in advance

Ajay Mishra

Ajay Mishra (Expert)
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04 January 2013 Hi

Yes, Bank manager will also sign Form-8.You can file single Form-8 if the Bank and terms and condition is same.

Instrument means on which you have given security on loan. property/vehicle/stocks, etc.

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