Charges - Modification of ‑ Whether transfer or assignment of rights by charge‑holder amounts to modification

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..... ‑ holder amounts to modification A question has been raised as to whether the transfer or assignment of his rights by the charge‑holder would amount to modification of charge within the meaning of section 135, requiring the filing of a return by the company to the Registrar of Companies in Form No. 141 accompanied by the prescribed filing fee. The question has been examined in t .....

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..... original charge-holder, the creditors or shareholders, inspecting such register, would not be able to know who the present charge‑holders are. The registration of this modification of share should, therefore, be effected by the company concerned in Form No. 141 on payment of the prescribed filing fee. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management .....

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