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Sec 82 v Sec 87
Corporate & Other Laws
Sec 82 says " The registrar on application by the company may extend the time limit of registration of satisfaction of charge" But sec 87 says that such application must be made to the central government. Please explain sir
Answers (2)
Best Answer
Himanshu Somani
Sec 87 says that when a company has filed with the registrar satisfaction of charge but it includes any mis-statement or omission thereof then in order to rectify that company need to apply to CG for such change
In addition Sec 87 also covers a situation requesting extension of time where filing is not made within a period of three hundred days from the date of such payment or satisfaction. (Registrar could extend 30 days to 300 days)
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