Snapshot on Register of charges
When a company seeks financial assistance from banks or financial institutions, it provides its assets or property in the form of security to banks or financial institutions against debt. As per the companies Act, these assets or property,whether mortgaged, pledged or hypothecated in any form, has to be filed with ROC (Registrar of companies) for security created over the assets of the company.
This is refered as registration of charges or creation of charges. We at VyaparFormations would assist you in Registration of Charges with ROC.