https://www.taxtmi.com/caselaws?id=113816 Entries in the Register of Charges based on Forms 13 and 17 were held unsustainable where the secured loan had not in fact been discharged and the asserted satisfaction of charge was false. The Court noted serious irregularity in the belated filing and registration of the forms, the absence of traceable notice records under section 138, and that the Registrar of Companies was not competent to accept the forms as a rectification of a duly registered charge contrary to section 141. It directed deletion of the impugned charge entries and indicated that appropriate proceedings should be pursued by the Official Liquidator in the proper manner under section 621. en-us Wed, 24 Feb 2010 00:00:00 +0530 Wed, 15 Oct 2014 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113816 Entries in the Register of Charges based on Forms 13 and 17 were held unsustainable where the secured loan had not in fact been discharged and the asserted satisfaction of charge was false. The Court noted serious irregularity in the belated filing and registration of the forms, the absence of traceable notice records under section 138, and that the Registrar of Companies was not competent to accept the forms as a rectification of a duly registered charge contrary to section 141. It directed deletion of the impugned charge entries and indicated that appropriate proceedings should be pursued by the Official Liquidator in the proper manner under section 621. Case-Laws Companies Law Wed, 24 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113816