Chapter 6

Section 79 of Companies Act, 2013 – Section 77 to Apply in Certain Matters

SECTION 79. SECTION 77 TO APPLY IN CERTAIN MATTERS [Effective from 1st April, 2014] The provisions of section 77 relating to registration of charges shall, so far as may be, apply to— (a) a company acquiring any property subject to a charge within the meaning of that section; or (b) any modification in the terms… Read More

Section 78 of Companies Act, 2013 – Application for Registration of Charge

SECTION 78. APPLICATION FOR REGISTRATION OF CHARGE [Effective from 1st April, 2014] Where a company fails to [1] [register the charge within the period of thirty days referred to in sub-section (1) of section 77], without prejudice to its liability in respect of any offence under this Chapter, the person in whose favour the charge is… Read More

Section 77 of Companies Act, 2013 – Duty to Register Charges, etc.

SECTION 77. DUTY TO REGISTER CHARGES, ETC. [Effective from 1st April, 2014] (1) It shall be the duty of every company creating a charge within or outside India, on its property or assets or any of its undertakings, whether tangible or otherwise, and situated in or outside India, to register the particulars of the charge… Read More

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