becker cma

Limited Period Offer Avail 20% discount in all subjects CA,CS and CMA,Coupon- OFFER20 Call: 088803-20003

CA Final Online Classes

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Chg-1 form company taking guarantee from another company. how to create charge


Aman Agrawal (....)     24 February 2021

Aman Agrawal
.... 
 9 points

| My Other Post

hey i am new in this profession i need your help. ABC PRIVATE LIMITED has taken a loan of 30 crore from UCO bank and hypothicate the property of TWO companies namely PQR PRIVATE LIMITED(15 CRORE) AND XYZ PRIVATE LIMITED(15 CRORE) LOAN IS FOR CC LIMIT.

ALL THREE COMPANIES OWNED BY SAME DIRECTOR.

NOW MY QUESTION IS FOR WHICH COMPANY SHOULD I FILE FORM CHG-1 AND WHAT IS THE DIFFENRENCE BETWEEN CHARGE HOLDER AND THE COMPANY(option is showing in chg-1 form) please answer as soon as possible




Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  





Trending Tags