Charges - Satisfaction of Time within which notice to holder should be issued

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Full Text of the Document

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....ipt of an intimation of satisfaction of a charge from a company is required to send a notice to the holder of the charge calling upon him to show cause within a time (not exceeding fourteen days) specified in such notice as to why the payment or satisfaction should not be recorded as intimated to the Registrar. Although time limit has been laid down in sub‑section (1) for a company to report....