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TMI BlogChapter VI - The Companies (Registration of Charges) Rules, 2014.X X X X Extracts X X X X X X X X Extracts X X X X ..... respects things done or omitted to be done before such supersession, the Central Government hereby makes the following rules, namely: - 1. Short title and commencement.- (1) These rules may be called the Companies (Registration of Charges) Rules, 2014. (2) They shall come into force on the 1st day of April, 2014. 2. Definitions.- (1) In these rules, unless the context otherwise requires,- (a) ''Act'' means the Companies Act, 2013 (18 of 2013); (b) ''Annexure'' means the Annexure appended to these rules; (c) ''Fees'' means the fees as specified in the Companies (Registration offices and fees) Rules, 2014; (d) ''Form'' or "eforms" means form set forth in Annexure to these rules which shall be used for the matter to which it relate ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ge-holder, in Form No.CHG-1 or Form No.CHG-9, as the case may be, duly signed along with fee. (4) A copy of every instrument evidencing any creation or modification of charge and required to be filed with the Registrar in pursuance of section 77, 78 or 79 shall be verified as follows- (a) where the instrument or deed relates solely to the property situated outside India, the copy shall be verified by a certificate issued either under the seal of the company, or under the hand of any director or company secretary of the company or an authorised officer of the charge holder or under the hand of some person other than the company who is interested in the mortgage or charge; (b) where the instrument or deed relates, whether wholly or partl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arge in Form No. CHG-3 (3) The certificate issued by the Registrar under sub-rule (1) and sub-rule (2) shall be conclusive evidence that the requirements of Chapter VI of the Act and the rules made thereunder as to registration of creation or modification of charge, as the case may be, have been complied with. 7. Register of charges to be kept by the Registrar.- (1) The particulars of charges maintained on the Ministry of Corporate Affairs portal (www.mca.gov.in/MCA21)shall be deemed to be the register of charges for the purposes of section 81 of the Act. (2) The register shall be open to inspection by any person on payment of fee. 8. Satisfaction of charge.- (1) A company shall within a period of thirty days from the date of the paymen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a period of eight years from the date of satisfaction of charge by the company. 11. Register open for inspection.- The register of charges and the instrument of charges kept by the company shall be open for inspection- (a) by any member or creditor of the company without fees; (b) by any other person on payment of fee. 12. Condonation of delay and rectification of register of charges.- (1) Where the instrument creating or modifying a charge is not filed within a period of three hundred days from the date of its creation (including acquisition of a property subject to a charge) or modification and where the satisfaction of the charge is not filed within thirty days from the date on which such payment of satisfaction, the Registrar sha ..... X X X X Extracts X X X X X X X X Extracts X X X X
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