Chapter 7: Mortgages and Charges Flashcards

1
Q

if a company creates a pledge, mortgage or charge, it has duty to file to registrar, specified particulars of the mortgage or charge, along with instrument creating charge, within what days after its creation

A

30 days

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2
Q

in the case of delayed registration or rectification of charge, a copy of the order certified by Commission or its authorized officer shall be forwarded to the registrar within what days of the order?

A

7 days

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3
Q

it is the duty of the company to inform the registrar that
charge has been satisfied fully or partially within what days from the date satisfaction along with particulars of satisfaction

A

30 days

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4
Q

on receipt of information by a company the registrar shall send notice to lender to verify the repayment of known and shall grant him what days to file any objection

A

14 days

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