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Proposed Amendments in COMPANIES (REGISTRATION OF CHARGES) RULES 2014

News and Press Release - Dated:- 2-2-2016 - 6.1 It was pointed out that as per the existing MCA-21 system, filings in respect of companies, which have not filed Balance Sheet or Annual Returns for three years, are blocked. In view of this, Asset Reconstruction Companies (ARCs), which acquire Non-Performing Assets (NPAs) of such companies, are unable to file for creation/modification of charges in respect of such companies. For the companies under liquidation, ARCs have an option to file an appli .....

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