Things in know in Register of Charges

    Registration of charges has to be filed with ROC within 30 days of its creation. Late filing of registration upto 300 days can be done upon proper explanation and penalty.

    Beyond 300 days petition has to be filed with the Central Government for approval of Registration of charges.

    Effect of non-registration may lead to company punishable with fine and every officer of the company may be punishable with imprisonment.

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