Company to report satisfaction of charge

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Company to report satisfaction of charge

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....ment or satisfaction 1[****]. 2[Provided that the Registrar may, on an application by the company or the charge holder, allow such intimation of payment or satisfaction to be made within a period of three hundred days of such payment or satisfaction on payment of such additional fees as may be prescribed.] (2) The Registrar shall, on receipt of intimation under sub-section (1), cause a notice to....

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.... shall inform the company. (4) Nothing in this section shall be deemed to affect the powers of the Registrar to make an entry in the register of charges under section 83 or otherwise than on receipt of an intimation from the company.     **************** NOTES:- 1. Omitted vide Section 20 of the Companies (Amendment) Act, 2017 w.e.f. 05-07-2018 (Notified vide Notifi....

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Company to report satisfaction of charge