Impact of the Companies (Amendment) Ordinance, 2018 on Registration of Charges

 

On November 2, 2018, the Ministry of Corporate affairs promulgated an ordinance[1] (the Ordinance) inter alia amending certain provisions of the Companies Act, 2013 (the Act). One of the amendments is for the purpose of reducing the extended timelines for filing a charge created by a company as per Section 77(1) of the Act upon payment of additional fees prescribed by the Registrar. Continue Reading Impact of the Companies (Amendment) Ordinance, 2018 on Registration of Charges