CS Executive · Company Law and Practice · Charges
Kaveri Foods Ltd. created a charge on 10 January 2026 (after the Companies (Amendment) Act, 2019 commenced) but filed nothing within thirty days. It applies to the Registrar on day 45. As per the first proviso to Section 77(1), up to what period from creation can the Registrar allow registration on payment of additional fees?
The Registrar may allow registration within sixty days of creation, on the company's application and payment of additional fees. This applies to charges created on or after commencement of the 2019 Amendment Act. The three hundred day window covered only older charges.
- ASixty daysCorrect
- BNinety days
- COne hundred and twenty days
- DThree hundred days
Explanation
For charges created on or after commencement of the 2019 Amendment Act, the first proviso allows registration within sixty days of creation on payment of additional fees. The three hundred day period applied only to charges created before that commencement.
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