Which of the following charges is/are not required to be registered by a company with Registrar of Companies?
(a) a charge on uncalled share capital
(b) a charge in the form of a pledge
(c) a charge on book debts
(d) a floating charge
-
(a) and (b)
-
Only (c)
-
Only (b)
-
(a) and (c)
C
Correct answer
Explanation
The following charges are compulsorily registrable:
A charge for the purpose of securing any issue of any debentures
A floating charge
A charge on uncalled share capital
A charge on calls made but not paid
A charge on any immovable property
A charge on ship
A charge on book debts of the company
A charge on goodwill or on patent or on license under the patent or on trademark or copyright or on the license under the copyright
A charge other than a pledge on any movable property of the company