Modification of Charges: Draft & Format
Reference draft used in Indian courts — replace the blanks with your own case details.
Capital Rs.
THE COMPANIES ACT, 1956
Modification of charges
Particulars of
charges
created by a company
registered in India
Subject to which
property has been
acquired by a company
registered in India Name of the company
Presented by
1. Date and description of the
instrument creating the
charge
2. Amount secured by the
charge/amount owing on
security of the charge
3. Short particulars of the
property charged. If the
property acquired is subject
to charge, of date of
acquisition of property should
be given
4. Gist of the terms and
conditions and extent and
operation of the charge
5. Name, addresses and
description of the persons
entitled to charge
6. Date and descriptions of
instrument modifying the
charge
7. particulars of modification
specifying the terms and
conditions or the extent or
operation of the details of the
which modification is made,
and details of the
modification.
Dated the day of 19
Signature ........................................
Name
(In Block Capitals)
Designation
Notes:
1.Charge’ includes mortgage ----see section 124. A
description of the instrument that is to say whether trust
deed mortgage or debenture should also be given.
2.“Person entitled to the charge” will be include
mortgages.
3.Amount or rate per cent of the commission allowance
or discount (if any) paid or made either directly or
indirectly by the company to any person in
consideration of his subscribing or agreeing to
subscribe, whether absolutely or conditionally or
procuring or agreeing to procure subscriptions, whether
absolute or conditional for any of the debentures in this
return, should be given in item No.
Using this format
This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.
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