Services » Charges/Mortgages/Debentures
Registration of Charges/Mortgages/Debentures
Procedure:
- Supply name of the company whose assets would be charged
- Provide date of creation of the charge
- Nature of the charge
- Provide amount secured by the charge or maximum sum deemed to be secured thereby
- Provide short particulars of the property charged
- Provide information on the Grantor of the Charge, in addition to the names, addresses and the description of persons entitled to the charge
- Incase of a floating charge, provide the nature of any restriction on the power of the firm to grant further charges ranking in priority or pari passu with the charge created
- File charge document creating the charge on the assets of the company
- File charge within 28 days after its creation
- Seek leave to file charge out of time from the High Court
- Form number 9 filed in duplicate together with the stamped Agreement spelling out terms of the charge
- Pay requisite fees for filling of the charge
- Print Lien Certificates.
