What is a charge under the companies Act, 1956?


0

Section 124 of the companies act, 1956 provides that for the purpose of registration under the companies Act “charge include mortgage”. The charge may be divided into two types:-

  1. Fixed charge
  2. Floating charge
The following two tabs change content below.
We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]

Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]

62 Comments

Facebook comments:

Ask Us On WhatsApp