PLZZ ANY SOLVE THIS 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 WITH ROC 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 AND IF I TAKE THE CURENT DATE NO DUE CERTIFICATE FROM BANK WILL IT OK TO FILE FORM 4 FOR SATISFATION OF CHARGES.
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