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of <h1>Companies Must File Form No. 17 for Merged Loans on Machinery u/s 138 if New Charge is Agreed.</h1> When an original loan secured by a mortgage on machinery is merged into a subsequent higher loan from the same lender, and the latter agreement stipulates that the earlier charge is suspended or extinguished, the company should file Form No. 17 with the Registrar under section 138 instead of Form No. 141. This filing is permissible if the lender consents to treating the new document as a fresh charge.
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