It is the duty of the Company for creating a charge within or outside India, on its property or assets or any of its undertakings, whether tangible or otherwise, and situated in or outside India.. We at GoMunshi provides the technology driven procedures to creating charge on your assets
Price Rs. 3,999/- (exclusive of government fees)
The above rate is exclusive of GST@18%.
1) Articles of association
3) Details of assets against which charge is required to be created
3) Any other document, if required, will be asked.
Collection of documents
Our experts will collect the necessary documents and information, if any.
Review of documents
Our experts will review your Articles of association and Memorandum of association. After that necessary documentation is prepared for the assets against charge is created
Once the necessary documents are ready, our experts will help you to create charge on your assets and help you to file necaaasry documents to ROC
As per section 2(16) of Companies act 2013 “charge” means 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. Also charge is also defined in Transfer of Property Act, 1882 which states " where an immovable property of one person is by act of parties or operation of law made security for the payment of money to another and the transaction does not amount to a mortgage, the latter person is said to have a charge on the property"
Fixed charge: A charge is fixed or specific when it is made specifically to cover assets which are ascertained and definite or are capable of being ascertained and defined, at the time of creating charge e.g., land, building. A fixed charge, therefore, is against security of certain specific property, and the company loses its right to dispose of that property as unencumbered.
Floating charge: A floating charge, as a type of security, is peculiar to companies as borrowers. A floating charge is not attached to any definite property, but covers property of a fluctuating type e.g., stock-in-trade. It is a charge on a class of assets present and future which, in the ordinary course of business, keeps changing from time to time and leaves the company free to deal with the property as it sees fit until the holders of charge take steps to enforce their security.
The following kinds of charges are mandatory and these charges need to be registered with the Registrar of Companies:
A charge for the purpose of securing issue of debentures;
A charge on uncalled share capital of the company;
A charge on immovable property, wherever situated, or any interest therein;
A charge on any book debts;
A charge, not being a pledge, on any movable property;
A floating charge on the undertaking or any property of the company including stock in-trade;
A charge on calls made but not paid;
A charge on a ship or any share in a ship;
A charge on goodwill, patent or on a licence under a patent or on a trademark or on a copyright or licence under a copyright.