Satisfaction of charge: registrar must notify charge holder to show cause before recording satisfaction in the register. Companies must notify the Registrar of full payment or satisfaction of any registrable charge within a prescribed period. The Registrar shall notify the charge holder to show cause within a further prescribed period why the payment or satisfaction should not be recorded. If no cause is shown, the Registrar will order a memorandum of satisfaction to be entered in the register of charges; if cause is shown, the Registrar shall record a note and inform the company. The Registrar may also make entries independently of company intimation.