Charge under section 124
This query is : Resolved
10 March 2011
In case of pvt compnay. compny obtain a loan by giving directiors personal security...( director house proprty ) is it necesary to submit the e form in respect of charge......
In case of pvt compnay. compny obtain a loan by giving directiors personal security...( director house proprty ) is it necesary to submit the e form in respect of charge......
10 March 2011
No, because the property is not in the name of the company.
10 March 2011
Agree with Mr. Warrier. Only when charge is created on company's assets you need to file form-8.
Since in the instant case the director's personal assets are involved no need for any efiling.
Since in the instant case the director's personal assets are involved no need for any efiling.
11 March 2011
thank u sir / mam
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