hi all
I have a query, pls solve this.
Can we create charge twice on the same property ?
suchita kothari (service) (113 Points)
22 March 2010hi all
I have a query, pls solve this.
Can we create charge twice on the same property ?
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 22 March 2010
Yes. This is very much possible.
After creating first charge on the property you can create second change on the same property.
As far as priority of charg is concerned --- The charge first registered with ROC through filing of form 8 will get priority over the other charge.
Revert if there is any doubt.
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