Querry

mustafa (saervice) (40 Points)

11 June 2014  

I HAVE ONE QUERRY WHAT IS THE MAXIMUM PENALTY FOR NOT FILLING SATISFACTION OF CHARGES EG, COMPANY TAKEN LOAN FROM BANK & FILLED THE FORM FOR CREATING CHARGES ON 27/08/2008 WITH ROC AND CLEARED ALL DUES & GOT THE NO DUE CERTIFICATE FROM BANK ON 05/06/2009 BUT YET NOT FILLED THE SATISFACTION OF CHARGES FORM SO CAN I KNOW WHAT WILL BE THE MAXIMUM PENALTY AMOUNT TILL DATED ,THE COMPANY WAS HAVING 1 LAKH RS  PAID UP CAPITAL .& 5 LAKH AUTHORISED SHARE CAPITAL