Companies Act, 2013
83.
Power
of Registrar to make entries of satisfaction and release in absence of
intimation From company.
1. The Registrar may, on
evidence being given to his satisfaction with respect to any registered
charge,—
a.
that
the debt for which the charge was given has been paid or satisfied in whole or
in part; or
b.
that
part of the property or undertaking charged has been released from the charge
or has ceased to form part of the company’s property or undertaking, enter in
the register of charges a memorandum of satisfaction in whole or in part, or of
the fact that part of the property or undertaking has been released from the
charge or has ceased to form part of the company’s property or undertaking, as
the case may be, notwithstanding the fact that no intimation has been received
by him from the company.
2. The Registrar shall
inform the affected parties within thirty days of making the entry in the
register of charges kept under sub-section (1 ) of section 81.