Amended and updated notes on section 80 of Companies Act 2013. Detail discussion on provisions and rules related to date of notice of charge.
Chapter VI (Sections 77–87) of the Companies Act, 2013 (CA 2013) deals with the provisions related to registration of charges. Section 80 of CA 2013 provides for date of notice of charge.
Recently, we have discussed in detail section 79 (Section 77 to apply in certain matters) of CA 2013. Today, we learn the provisions of section 80 of Companies Act 2013 read with the Companies (Registration of Charges) Rules, 2014.
Section 80 of the Companies Act, 2013 has been notified by the Ministry of Corporate Affairs (MCA) vide Notification No. S.O. 902(E) issued dated 27.03.2014. This notification shall come into force from 1st April, 2014 i.e. the commencement date of section 80 is 1-04-2014.
| Name of Act | The Companies Act 2013 |
|---|---|
| Enacted by | Parliament of India |
| Administered by | Ministry of Corporate Affairs (MCA) |
| Number of Chapters | 29 |
| Number of Sections | 484 (470-43+57) |
| Number of Schedules | 7 |
| You are reading: | |
| Chapter No. | VI |
| Chapter Name | Registration of Charges |
| Section No. | 80 |
| Section Name | Date of notice of charge |
| Monthly Updated Edition | Company Law PDF |
Section 80 of Companies Act 2013: Date of notice of charge
Section 80 shall come into force on 1st April, 2014 vide Notification No. S.O. 902(E) issued dated 27.03.2014.
Where any charge on any property or assets of a company or any of its undertakings is registered under section 77, any person acquiring such property, assets, undertakings or part thereof or any share or interest therein shall be deemed to have notice of the charge from the date of such registration.