https://www.taxtmi.com/acts?id=12446 Companies must notify the Registrar of full payment or satisfaction of any registrable charge within a prescribed period. The Registrar shall notify the charge holder to show cause within a further prescribed period why the payment or satisfaction should not be recorded. If no cause is shown, the Registrar will order a memorandum of satisfaction to be entered in the register of charges; if cause is shown, the Registrar shall record a note and inform the company. The Registrar may also make entries independently of company intimation. en-us Mon, 09 May 2011 15:42:00 +0530 Mon, 09 May 2011 15:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12446 Companies must notify the Registrar of full payment or satisfaction of any registrable charge within a prescribed period. The Registrar shall notify the charge holder to show cause within a further prescribed period why the payment or satisfaction should not be recorded. If no cause is shown, the Registrar will order a memorandum of satisfaction to be entered in the register of charges; if cause is shown, the Registrar shall record a note and inform the company. The Registrar may also make entries independently of company intimation. Act-Rules Companies Law Mon, 09 May 2011 15:42:00 +0530 https://www.taxtmi.com/acts?id=12446