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)

6386

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 Transfer of Shares to IEPF
• Procedure for Resignation of Director
• Procedure for Intimating Satisfaction of Charge (Within 300 Days)
• Procedure for Buy-Back of Shares or Other Specified Securities by Listed Company through Tender Offer
• Procedure for Appointment of Cost Auditor in a Company
• Procedure for Passing of Resolution by Postal Ballot
• Procedure for Appointment of Subsequent Auditor of the Company
• Procedure for Issue of SWEAT Equity Shares by Company
• Procedure for Change of Registered Office Address of the Company Outside the Local Limits of the City
• Procedure for Right Issue of Equity Shares