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    Satisfaction of charge to be filed with ROC within 30 days from the date of satisfaction/payment of charge revising earlier clarification to the effect that period of 30 days to be counted from “date of issue of bank’s letter”
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    Filing deadline for satisfaction of charge: file with ROC within 30 days from date of payment or satisfaction.
    The circular directs that satisfaction of charge must be filed with the Registrar of Companies within 30 days from the date of payment or satisfaction of the charge, clarifying that the period does not run from the bank's letter advising the company.
    Share Transfer - Registration of ‑ Guidelines for good or bad delivery of documents
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    Good or Bad Delivery Guidelines classify transfer deeds and share certificates for market acceptability, subject to prescribed attestations and remedies.
    Revised guidelines classify transfer deeds and share certificates into good or bad delivery for market acceptability. Transfer deeds in prescribed form, attested signatures, registered powers of attorney, and minor name or language variations are generally acceptable if properly authenticated; mutilation, material name discrepancies, conditional powers, transfers by persons under insolvency/liquidation or for minors without court orders, and materially altered certificates are bad delivery unless remedied by specified endorsements, certifications or company confirmations. Brokers must provide required attestations and registration particulars.
    Applicability of section 58A(9), in the case of a relief undertaking declared by a local Act or Central Act
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    Central Act supremacy prevents state relief notifications from staying company public deposit repayment proceedings under section 58A(9).
    An earlier circular that stayed monetary liabilities and proceedings for companies declared relief undertakings has been withdrawn because Central Act supremacy precludes State declarations from suspending the Central law; applications and actions under the Central statutory repayment mechanism are to be processed immediately for such companies.
    Issue of default notices
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    Service of default notices changed from registered post to certificate of posting to reduce administrative expenses.
    Default notices for non-filing of balance-sheets and annual returns under the Companies Act, formerly issued by registered post, are to be issued by certificate of posting as an administrative economy measure to reduce office expenses associated with the registered-post practice.
    Delay in registration of documents
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    Document registration delay: certified corporate filings to be taken on record within a prescribed short period when properly certified.
    Where documents required to be filed by companies are duly certified as correct by a practising Company Secretary, Chartered Accountant or Cost Accountant, they should be taken on record by the Registrar of Companies within a reasonable short period, establishing an expectation of prompt acceptance of certified filings.
    Dissolution - Simplification of the existing procedure for removal of the names of defunct Indian companies from the register of Companies under section 560
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    Striking off defunct companies: liberalised procedure permits affidavit or indemnity plus audited accounts in lieu of historic filings.
    Authorities may remove defunct companies under Section 560 by accepting an affidavit or indemnity from the Managing/Whole-time Director that the company has no assets, liabilities and is not conducting business, supported by audited accounts; latest available balance sheets may be relied upon instead of requiring historic 'nil' filings, while preserving statutory notice requirements to tax authorities and exercising caution where significant creditor claims or complaints exist.
    Reimbursement of medical expenses incurred in excess of limits laid down under Schedule XIII of the Companies Act, 1956
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    Reimbursement of medical expenses: Central Government approval required for specialised treatment abroad with essentiality certificate.
    Reimbursement of medical expenses exceeding the statutory ceiling for a managing director/whole time director/manager requires Central Government approval; applications must be lodged during the managerial tenure, accompanied by an essentiality certificate from the Director General of Health Services, relate only to the managerial person (not family or dependants), and are subject to a fixed inclusive ceiling for specialised treatment abroad.

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