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of <h1>Company Affairs Simplifies Filing for Form 17 u/s 138; Must Be Submitted Within 30 Days of Charge Satisfaction.</h1> The circular issued by the Department of Company Affairs on April 15, 1996, addresses the simplification of the procedure for filing Form No. 17, as required by Section 138 of the Companies Act, 1956. It mandates that Form No. 17 be filed with the Registrar of Companies after obtaining signatures from the lender company and associated banks or financial institutions. The form must be submitted in triplicate, and the Registrar will return two copies after registration. Additionally, Form No. 17 must be filed within thirty days from the date of satisfaction of charge.
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