Satisfaction of charge
Querist : Anonymous
Take a letter of satisfaction from bank and attached the same with Form-17 and file within 30 days from date of satisfaction.
Querist : Anonymous
But there are approximately 50 loans over a period of 35 years which are over as of now but not yet satisfied. Filing form 17 for all of them wont create an issue?? Can ROC penalise as these loans were repaid much before and charges being satisfied now.
Please guide me on the same.
If you have created charge and file Form-8 with ROC then it is mandatory to to satisfied them by filing Form-17 otherwise you will face compounding for all cases.
Querist : Anonymous
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