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Amendment in the Companies (Registration of Charges) Rules 2014

The Ministry of Corporate Affairs (MCA) has released an amendment in the registration of charges dated 31st August 2022. Continue reading the article to know the amendment made in the CHG-1, CHG-4, CHG-8, CHG-9.

 

Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India

31st August 2022

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ANNOUNCEMENT

Sub: Amendment in the Companies (Registration of Charges) Rules, 2014

This is to inform you that the Ministry of Corporate Affairs vide its notification dated 29th August 2022 has amended the Companies (Registration of Charges) Rules, 2014.

After Rule-12, Rule-13 has been inserted and the said rule is about Signing of charge e-form by insolvency resolution professional or resolution professional or liquidator for companies under resolution or liquidation.

The amendments are as follows:

1) The Form No. CHG-1, CHG-4, CHG-8 and CHG-9 shall be signed by insolvency resolution professional or resolution professional or liquidator for companies under resolution or liquidation as the case may be and filed with registrar of companies.

2) Particulars of Form CHG-1 have been amended and have been substituted with new form CHG-1.

3) Particulars of Form CHG-4 have been amended and have been substituted with new form CHG-4.

4) Particulars of Form CHG-8 have been amended and have been substituted with new form CHG-8.

5) Particulars of Form CHG-9 have been amended and have been substituted with new form CHG-9.

Notification is available at the link

https://www.mca.gov.in/bin/dms/getdocumentmds=4o6aHVQPVnWMaUqWvlFEow%253D%253D&type=open

 

 

Members may take note of the above.

Sincerely Yours,

Chairperson and Vice Chairperson
Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India

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