TMI BlogSimplified procedure for rectification of register of charges under section 141 of the Companies Act, 1956.X X X X Extracts X X X X X X X X Extracts X X X X ..... egional Directors, All Registrar of Companies, All Stakeholders. Sub: Simplified procedure for rectification of register of charges under section 141 of the Companies Act, 1956. Sir, In order to simplify the procedures and cut timelines, the Ministry has decided to notify section 20 of the Companies (Second Amendment) Ac t, 2002 (1) of 2003 thereby the work relating to rectification ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... se functions by the respective Registrar of Companies on implementation of simplified procedures, the cost and the time to get condonation under section 141 of the Companies Act, 1956 shall be reduced. 5. The above simplified process is likely to be implemented with effect from 24 th September, 2011. Yours faithfully, -sd- (Kamna Sharma) Assistant Director Copy to: 1. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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