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of <h1>Company must report full satisfaction of registered charges within timelines, enabling Registrar to record or reject satisfaction under section 82</h1> A company must intimate the Registrar, in the prescribed form, of full payment or satisfaction of any registered charge within thirty days, extendable up to three hundred days on application by the company or charge holder with additional fees. On receipt, the Registrar issues notice to the charge holder, allowing up to fourteen days to show cause why satisfaction should not be recorded; if no cause is shown, a memorandum of satisfaction is entered and the company informed. If cause is shown, the Registrar notes this and informs the company. The Registrar's independent power to enter satisfaction under section 83 remains unaffected.
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