Procedure for Intimation of Appointment or Cessation of Receiver or Manager for Charged Property

Aakanksha Singhal

Aakanksha Singhal

Published on: Oct 21, 2020

Khushboo Sharma

Updated on: Feb 3, 2025

★★★★★(5 Ratings)

6539

Introduction

A person shall be appointed to manage the property of the Company, subject to a charge and such receiver or person under any power contained in any instrument give notice of appointment or cessation to the Company and the Registrar. [Section 84]

Applicable Provisions:

1. Section 84 of Companies Act, 2013
2. Rule 9 of Companies (Registration of Charges) Rules, 2014

Following Procedure is to be followed

File Notice of Appointment or Cessation [Section 84 and Rule 9 of the (Companies Registration of Charges) Rules, 2014]

A notice for appointment or cessation of receiver or manager who has been appointed for the charged property shall be filed in Form CHG 6 with ROC within 30 days from the date of passing of order or making such appointment or cessation. This shall be intimated to the Company as well. And on receiving the notice, ROC shall register it.

• Global Compliance Management
• Compliance Management - India
• Legal Matter Management
• Enterprise Risks Management Solution

• Procedure for Issue of Equity Shares with Differential Rights
• Procedure for Rights Issue of Indian Depository Receipts (IDRs)
• Procedure for Filing of a Casual Vacancy of an Auditor in case of a Government Company
• Procedure for Increase in Remuneration of Managerial Personnel by a Public Company
• Procedure for Variation in Rights attached to a Class of Shares
• Procedure for Registration or Creation or Modification of Charges
• Procedure for Conducting Nomination and Remuneration Committee Meeting
• Procedure for Appointment of Managing Director or Whole-time Director
• Procedure for Sub-Division or Consolidation of Share Capital
• Procedure for Compulsory Dissolution of a Limited Liability Partnership