Re - Form for cancellation of charges and procedure
This query is : Resolved
G Sivaprakash
(Querist)
16 February 2010
I would like to know the applicable form and procedure for cancellation of charges created with banks and financial institutions .
According to me Form 8 is to be used for creation and modification of charges but i don`t think so whether it will take care of Cancellation of charges.
kindly clarify me in this regard.
According to me Form 8 is to be used for creation and modification of charges but i don`t think so whether it will take care of Cancellation of charges.
kindly clarify me in this regard.
CS Vandana Kacholia
(Expert)
16 February 2010
yes you are right there is no cancellation of charge, only option is satisfaction of charges by filing form 17 to ROC.
Ankur Garg
(Expert)
16 February 2010
Agree
File form 17 for satisfaction of charge u/s 138 along with letter of satisfaction as attachment.
File form 17 for satisfaction of charge u/s 138 along with letter of satisfaction as attachment.
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