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Satisfaction of charge to be filed with ROC within 30 days from the date of satisfaction/payment of charge revising earlier clarification to the effect that period of 30 days to be counted from “date of issue of bank’s letter” - Companies Law - Letter : No. 3(14)/17(78),Extract Letter : No. 3(14)/17(78), dated 17-8-1978. Subject:- Satisfaction of charge to be filed with ROC within 30 days from the date of satisfaction/payment of charge revising earlier clarification to the effect that period of 30 days to be counted from date of issue of bank s letter The Department is of the view that the period of 30 days under section 138, in cases where banks are involved, will be counted from the date of the issue of the bank s letter to companies intimating them about the satisfaction of the charge under section 138.
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