TMI BlogCharges - Satisfaction of ‑ Original loan merged in secured loan of higher amount ‑ Which form is required to be filedX X X X Extracts X X X X X X X X Extracts X X X X ..... ular - Circulars - Companies Law - Letter : No. 8/15(135)/67 ‑ CL ‑ V, dated 18 ‑ 5 ‑ 1965. Subject:- Charges - Satisfaction of ‑ Original loan merged i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is type, it seems that the original charge stands suspended/ extinguished consequent on its merger with the new charge. There should, therefore, be no objection to permit, in such cases, the company t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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