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Registration of charges

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 May 2015 Is it necessary to register charges with RoC in case when a company is giving corporate guarantee. Kindly substantiate your reply with proper authority of law.
(The query is in relation to the Companies Act, 1956)
Thank You.


20 May 2015 as per law it is not necessary to register charge but in view of bank or financial institutions they are asked to register charge for their safety



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