Delay in filing satisfaction of charge

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Querist : Anonymous

Querist : Anonymous (Querist)

27 March 2015 Please help me with the following query-

" The company settled the loan with the Bank in year 2008 and received no due certificate also but the company has not filed with the ROC satisfaction of charge form. But the company wish to do the same now."

What is the remedy now and what procedure we have to follow. Please advise on urgent basis. If someone has faced the similar problem please mail me also the detailed procedure.

c.bakshi

c.bakshi (Expert)
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27 March 2015 refer to section 82 and 86 of companies act, 2013.

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CS Bharat Dama

CS Bharat Dama (Expert)
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03 April 2015 Satisfaction of charge need to be filed within 30 days from the day of payment is made in full. if it is beyond 30 days you need to sought condonation of delay from CG in form CHG-8 and that order of CG shall be filed with ROC in INC-28.

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