Charge creation

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student
24 Points Joined December 2016
Can an individual create charge against the fixed assets of the Company for loan provided by him?
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On 02 November 2020 at 13:23 Report
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113 Points Joined December 2017
No, bcoz loan from individual is unsecured loan.
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On 04 November 2020 at 23:33
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delhi
720 Points Joined February 2011
No only rbi registeref entity can create the charge.
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On 08 November 2020 at 05:07


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