____________ ____ ___________________________________
| / _ \| \ / | .__ \ __ / | _____/ ____| \
| \___/ / \ \ _ \/ _ | ___/ _/| |___ \ __|/ /\ \
| / /\ \_/ / |\ /| | | | /\ \_| |__/ / _|_/ \/ /
. .|____/ \___/|__| \/ |__|__| |__\ \_/|__|\___/|____|____/ . .
.:. .__. .:. _________ ___ _ _ _ _______ _____ ______ .:. .__. .:.
: ' |_/|/| || || \| |_| |_||/|_ \ |_|\ | | \ . ' :
: | |\|_||_||_/|___| | |\|_ _\|_| \| | _\' :
:............................................................................:
: Legal and Regulatory aspects of Registration of Charges :
: (c) Ca Raja Natarajan :
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
: Publisher ....: Udemy :
: Link .........: http://is.gd/gJOUVx :
: Level ........: all level :
: Runtime ......: 55 mins :
: Language .....: English :
: Release Type .: Retail :
: Release Format: ISO :
: Store Date ...: 2015.01.27 :
: Release Date .: 2015.05.07 :
: ISO Size .....: 77,367,296 :
: ISO Checksum .: 5120E16A :
: Disk Count ...: 2 * 50MB :
: Disk Name ....: comprised_ulrarc :
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
: __ __ ____ __ .____ .____ _ :
: | \|_ \ | |/ ||_/|_ || ||\ | :
: |_/|_ _\|_ |\ || |_ ||_|| \| :
:............................................................................:
: About the course: This is a course for Indian Corporates. Yes! Almost :
: every company borrows from Bank for meeting their project and operating :
: requirements. When they borrow from Bank or Financial Institution, they :
: provide securities which may be assets or properties of the company. When :
: they provide the assets as security to the lender, they are creating :
: right over the assets in favour of the lender and this right is called as :
: Charge and it should be registered with regulatory authority called :
: Registrar of Companies in India. There are certain legal aspects related :
: to registration of charge with Registrar of Companies. Those legal :
: aspects have to be complied in a given time frame. In case, time frame :
: could not be adhered, the delay should be condoned by appropriate :
: authorities in compliance with Indian Companies Act, 2013. Apart from :
: that, when ever charges are modified it should be registered with :
: Registrar of Companies. Similarly when the loans are closed and charges :
: are satisfied, it should also be :
: communicated and registered with Registrar of Companies and again they :
: have to be done or completed in a given time frame. The companies which :
: borrow from Bank have to maintain Register of Charges for inspection by :
: the share holders and creditors. Similarly, the Registrar of Companies :
: will maintain a register of charges of all the companies in the country :
: for inspection by any one upon payment of prescribed fees. Hence, :
: registration of charges is very important for every corporate who have :
: taken secured loans from Banks. In case, the charge is not registered, it :
: will go against the lender in the event of liquidation of the company :
: because at that point, liquidator will consider or rank only those :
: creditors whose charge were registered with Registrar of Companies. :
: Hence, Registration of Charge is highly important from the Lender / :
: Bankers point of view. Terminology: This course uses less legal :
: terminologies. Efforts were taken to explain in simple English without :
: legal jargons. Material used in this course: :
: This course is presented through Video Lectures. Course Structure: This :
: course is structured in self paced learning style. Why take this course? :
: Registration of Charge is mandatory for every company taking secured loan :
: from Banks / Financial Institutions. Hence, absolute knowledge on Charges :
: and its related provisions, sections, rules in Companies Act, 2013 is :
: must for every one who is dealing or will be dealing in charge matters. :
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
: _ ___ _ ___ :
: |\ ||_ | |\ :
: | \||_ |/\|_\ :
:............................................................................:
: "No news is good news..." :
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
: _________ _ ._ ______ :
: |_||/|_|_ |_ ||\ ||_|\ :
: __||\|_|_ |_ || \|__|_\ :
:............................................................................:
: Some hardworking groups, and maybe you? :
: :
''''''''''''''''''''''''''''''''''''' ( ascii header+layout by s! o3/2o15 ) ''