What is Application for registration of charge? What is the meaning of Section 77 to apply in certain matters? What is Date of notice of charge? Section 78, 79 and 80 of Indian Companies Act 2013

Application for registration of charge, Section 77 to apply in certain matters and Date of notice of charge are defined under Section 78, 79 and 80 of Indian Companies Act 2013. Provisions under these sections are:

Section 78 of Indian Companies Act 2013 "Application for registration of charge"

Where a company fails to register the charge within the period specified in section 77, without prejudice to its liability in respect of any offence under this Chapter, the person in whose favour the charge is created may apply to the Registrar for registration of the charge along with the instrument created for the charge, within such time and in such form and manner as may be prescribed and the Registrar may, on such application, within a period of fourteen days after giving notice to the company, unless the company itself registers the charge or shows sufficient cause why such charge should not be registered, allow such registration on payment of such fees, as may be prescribed:

 

Provided that where registration is effected on application of the person in whose favour the charge is created, that person shall be entitled to recover from the company the amount of any fees or additional fees paid by him to the Registrar for the purpose of registration of charge.

Section 79 of Indian Companies Act 2013 "Section 77 to apply in certain matters"

The provisions of section 77 relating to registration of charges shall, so far as may be, apply to -

(a) a company acquiring any property subject to a charge within the meaning of that section; or

(b) any modification in the terms or conditions or the extent or operation of any charge registered under that section.

Section 80 of Indian Companies Act 2013 "Date of notice of charge"

Where any charge on any property or assets of a company or any of its undertakings is registered under section 77, any person acquiring such property, assets, undertakings or part thereof or any share or interest therein shall be deemed to have notice of the charge from the date of such registration.

What is Power of limited company to alter its share capital? What is the procedure for Further issue of share capital? Section 61 and 62 of Indian Companies Act 2013

What is Issue of bonus shares? Notice to be given to Registrar for alteration of share capital? Section 63 and 64 of Indian Companies Act 2013

Is unlimited company to provide for reserve share capital on conversion into limited company? What is Reduction of share capital? Section 65 and 66 of Indian Companies Act 2013

What are the Restrictions on purchase by company or giving of loans by it for purchase of its shares? What is Power of company to purchase its own securities? Section 67 and 68 of Indian Companies Act 2013

What is Transfer of certain sums to capital redemption reserve account? What is Prohibition for buyback in certain circumstances? Section 69 and 70 of Indian Companies Act 2013

What is Debenture? How to issue debenture? Section 71 of Indian Companies Act 2013

What is Power to Nominate? Section 72 of Indian Companies Act 2013

ACCEPTANCE OF DEPOSITS BY COMPANIES

What is Prohibition on acceptance of deposits from public? Section 73 of Indian Companies Act 2013

Repayment of deposits accepted before commencement of this Companies Act? What is Damages for fraud? Section 74 and 75 of Indian Companies Act 2013

What is Acceptance of deposits from public by certain companies? What is the Duty to register charges, etc? Section 76 and 77 of Indian Companies Act 2013

What is Application for registration of charge? What is the meaning of Section 77 to apply in certain matters? What is Date of notice of charge? Section 78, 79 and 80 of Indian Companies Act 2013

 

Home     About Us     Privacy Policy     Disclaimer    Contact Us  Sitemap