Memorandum of Complete Satisfaction of Charge'
Reference draft used in Indian courts — replace the blanks with your own case details.
FORM No. 60
Registration No. of Company F
THE COMPANIES ACT, 1956
Memorandum of complete satisfaction of charge' created by a foreign company
Name of Company
Presented by 2 a company incorporated in3 and which has established a place of business/a principal place in India at hereby gives notice that the registered charge being4 of which particulars were registered with the Registrar of Companies, on the day of 19 was satisfied in full on the day of 19 . the debts for which the charge was given having been paid or satisfied.
Signature or signatures of one or more persons.
authorised under section 592(1)(d) of the1
Companies Act, 1956 or of some other person
in India, duly authorised by the company
Dated the ……………………………day of…………………………..19
1. “Charge" includes "a mortgage" - see section 124.
2. Name of the company.
3. Country of origin.
4. A description of the instrument(s) creating or evidencing the charge, e.g. "Mortgage","Charge", "Debenture" etc., with the date thereof should be given. If the registered charge was a "Series of Debentures or Debenture Stock", the words "authorised by resolution", together with the date of the resolution should be added.
Using this format
This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.
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Disclaimer: this page is a sample format reproduced for reference and study. It is not legal advice and does not create an advocate–client relationship.