ABC Limited created a charge in favor of Z Bank. The charge was duly registered. Later, the
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ABC Limited created a charge in favor of Z Bank. The charge was duly registered. Later, the Bank enhanced the facility by another ` 20 crores. Due to inadvertence, this modification in the original charge was not registered. Advise the company as to the course of action to be pursued in this regard.
Related Book For
Financial Reporting and Analysis
ISBN: 978-1259722653
7th edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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