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Company Registration Charges in India | Charges to Include Mortgage | Interest or Lien | Property or Assets of a Company | Registrar of Companies | ROC | Pledge of Movable Property | Registration of All charges | Registration of Pledge

Company Registration Charges in India | Charges to Include Mortgage | Interest or Lien | Property or Assets of a Company | Registrar of Companies | ROC | Pledge of Movable Property | Registration of All charges | Registration of Pledge

Company Registration Charges in India | Charges to Include Mortgage | Interest or Lien | Property or Assets of a Company | Registrar of Companies | ROC | Pledge of Movable Property | Registration of All charges | Registration of Pledge by 

Major Changes

  • Definition

  • Registration of all charges

  • Registration of Pledge

Definition

The Companies Act, 1956

The Act defines Charge as “Charge to Include Mortgage”

The Companies Bill, 2013

The Act defines charge as “an Interest or Lien created on the Property or Assets of a Company or any of its Undertakings or both as security and includes a mortgage”

Registration Of Pledge

The Companies Act, 1956

Registration with ROC is Not Necessary for Pledge of Movable Property.

The Companies Bill, 2013

Bill has proposed to Withdraw this Exemption

Registration Of Charges

The Companies Act, 1956

The Act specifies only 9 types of charges which Require Registration.

The Companies Bill, 2013

The Act specifies that a company is required to Register All Types of Charges within or outside India, on its property or assets or any of its undertakings,and situated in or outside India with ROC Within 30 Days.