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CS Professional · Strategic Management and Corporate Finance · Raising of Funds from Debt and Procedural Aspects

Under the Companies Act, 2013, within what period from the date of creation must a company ordinarily register the particulars of a charge with the Registrar, without seeking any extension?

The ordinary period is thirty days from the creation of the charge. The company must file the signed particulars and instruments with the Registrar within this time. Sixty days is available only on application to the Registrar on payment of additional fees.

  1. AThirty daysCorrect
  2. BSixty days
  3. CNinety days
  4. DThree hundred days

Explanation

The company must register the particulars of the charge, signed by the company and the charge-holder along with the instruments, within thirty days of its creation. Sixty days is the extended period available on application with additional fees, so it is not the ordinary period.

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