Wrongly charge satisfied in full.
This query is : Resolved
04 March 2015
Sir
Summary of problem:
present name : XYZ Pvt Ltd
Previous name: ABC Ltd
orginal Charge Date & ID: 25/09/2006, 10044535
Charge Modified time to time
After last modification dated 21/06/2011, modified balance was: 1269.00 lacs
Then a portion of term loan Rs. 269 lacs was satisfied as on 19/05/2014
Instead of modification company wrongly filed satisfaction of Charge ie Form CGH 4,
Entire charge has been satisfied because system understand only charge ID not amount. but actually loan exist as on date of Rs. 1000.00 lacs
Question: procedure so that charge will be reflected on MCA portal.
Summary of problem:
present name : XYZ Pvt Ltd
Previous name: ABC Ltd
orginal Charge Date & ID: 25/09/2006, 10044535
Charge Modified time to time
After last modification dated 21/06/2011, modified balance was: 1269.00 lacs
Then a portion of term loan Rs. 269 lacs was satisfied as on 19/05/2014
Instead of modification company wrongly filed satisfaction of Charge ie Form CGH 4,
Entire charge has been satisfied because system understand only charge ID not amount. but actually loan exist as on date of Rs. 1000.00 lacs
Question: procedure so that charge will be reflected on MCA portal.
05 March 2015
contact with concerned ROC regarding cancellation of said form of satisfaction. of file revised chg - 1 for creation of charge with consent of both parties of remaining amount
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