Ultimate Law Resources : Database for Lawyers
Power of registrar to make entries of satisfaction and release in absence of intimation from company
The registrar may, on evidence being given to his satisfaction with respect to any registered charge - (a) that the debt for which the charge was given has been paid or satisfied in whole or in part; or (b) that part of the property or undertaking charged has been released from the charge or has ceased to form part of the companys proper...
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