Section 85 of Indian Companies Act 2013 "Companys register of charges"
(1) Every company shall keep at its registered office a register of charges in such form and in such manner as may be prescribed, which shall include therein all charges and floating charges affecting any property or assets of the company or any of its undertakings, indicating in each case such particulars as may be prescribed:
Provided that a copy of the instrument creating the charge shall also be kept at the registered office of the company along with the register of charges.
(2) The register of charges and instrument of charges, kept under sub-section (1) shall be open for inspection during business hours -
(a) by any member or creditor without any payment of fees; or
(b) by any other person on payment of such fees as may be prescribed, subject to such reasonable restrictions as the company may, by its articles, impose.
Section 86 of Indian Companies Act 2013 "Punishment for contravention"
If any company contravenes any provision of this Chapter, the company shall be punishable with fine which shall not be less than one lakh rupees but which may extend to ten lakh rupees and every officer of the company who is in default shall be punishable with imprisonment for a term which may extend to six months or with fine which shall not be less than twenty-five thousand rupees but which may extend to one lakh rupees, or with both.
What is Power of Registrar to make entries of satisfaction and release in absence of intimation from company What is Intimation of appointment of receiver or manager Section 83 and 84 of Indian Companies Act 2013
What is Power of Tribunal to call meetings of members, etc What is Punishment for default in complying with provisions of sections 96 to 98 What is the procedure for Calling of extraordinary general meeting Section 98, 99 and 100 of Indian Companies Act 2013