The Index of Charges is a public registry maintained by the Ministry of Corporate Affairs (MCA) in India that details any charges created on a company’s or Limited Liability Partnership’s (LLP) assets. These charges are claims against a company’s assets that act as collateral for creditors. For example, if a company takes a loan and … Continue reading Jargon of the Week: Index of Charges
Tag Archives: Registrar of Companies
Why SBO Disclosure Matters in Today’s Business World
A recent penalty imposed by the Registrar of Companies (RoC) on a US private equity firm for failing to disclose ownership in an Indian investee company underscores the critical importance of getting Significant Beneficial Owner (SBO) disclosures right. This case highlights a global trend towards increased transparency and stricter regulations around corporate ownership. Who is … Continue reading Why SBO Disclosure Matters in Today’s Business World