Charge satisfaction procedure can be registered immediately when Form No. 17 is signed and filed in triplicate. Where Form No. 17 evidencing satisfaction of a charge is signed by both lender and borrower and filed in triplicate, the Registrar may register the satisfaction immediately without issuing the statutory notice to the charge-holder; the Registrar should retain one copy and return two copies duly endorsed to indicate registration on the spot.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Charge satisfaction procedure can be registered immediately when Form No. 17 is signed and filed in triplicate.
Where Form No. 17 evidencing satisfaction of a charge is signed by both lender and borrower and filed in triplicate, the Registrar may register the satisfaction immediately without issuing the statutory notice to the charge-holder; the Registrar should retain one copy and return two copies duly endorsed to indicate registration on the spot.
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