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of <h1>Central Government Gains Authority to Correct Errors in Register of Charges Under Revised Section 87</h1> Section 87 of the principal Act is replaced to allow the Central Government to rectify omissions or misstatements in the Register of charges. If the failure to notify the Registrar about the payment or satisfaction of a charge, or any incorrect details in previous filings, is deemed accidental or due to inadvertence without prejudicing creditors or shareholders, the government may, upon application, extend the notification period or correct the error. This rectification is subject to terms and conditions considered just and expedient by the government.
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