From the point of view of financing institutions (Banks and NBFCs), the creation of charge on assets of the Borrower Company is of supreme importance, since it involves the matter of credit security and performance of assets. Directus understands the criticality of the Charge creation and modification from such organizations and responds with the flexibility, the situation demands.
The liasoning between the financier and the borrower, movement of documents between these two institutions are done with the help of competent resources. The representation services before Regional Director, Ministry of Corporate Affairs and Company law also rendered by Directus.
The process Flow:
- Intimation by Bank on Charge creation/Modification
- Receipt of Documents evidencing Charge creation/Modification
- Preparation of relevant forms
- Liasoning with the Company for digital signature
- Liasoning with the Bank authority for digital signatures
- Certification and filing of e-forms
- Certificate of creation/modification of charge forwarded to the Bank and concerned company
Time Span:
The whole process of charge creation can be completed in 3 days.
