Power of Registrar to make entries of satisfaction and release in absence of intimation from company.

Power of Registrar to make entries of satisfaction and release in absence of intimation from company. https://www.taxtmi.com/acts?id=15518 The Registrar may, on satisfactory evidence that a registered charge's debt has been wholly or partly paid or that part of the charged property has been released or ceased to form part of the company's undertaking, enter a memorandum of satisfaction or note the release in the register of charges notwithstanding lack of intimation from the company, and must inform affected parties within a specified period after making the entry. en-us Tue, 20 Dec 2011 12:37:00 +0530 Tue, 20 Dec 2011 12:37:00 +0530 TaxTMI RSS Generator Power of Registrar to make entries of satisfaction and release in absence of intimation from company. https://www.taxtmi.com/acts?id=15518 The Registrar may, on satisfactory evidence that a registered charge's debt has been wholly or partly paid or that part of the charged property has been released or ceased to form part of the company's undertaking, enter a memorandum of satisfaction or note the release in the register of charges notwithstanding lack of intimation from the company, and must inform affected parties within a specified period after making the entry. Act-Rules Bills Tue, 20 Dec 2011 12:37:00 +0530 https://www.taxtmi.com/acts?id=15518