Write short notes on the following: Time limit for filing the forms for charges requiring registration with the Registrar of Companies.

Event Time Limit Effect Creation of charge or modification of charge or acquisition of property which is subject to charge. Within thirty days from the date of creation, modification or acquisition and, within 300 days in case the Registrar on being satisfied that the company had sufficient cause for not filing the particulars within 30 days. The date when the event takes place is also included while calculating the limit. With the additional fees and on condonation of delay by the Registrar. Satisfaction of the charge. Within a period of thirty days from the date of payment or satisfaction in full of any charge registered under the Act. As per the Amendment Act, the Registrar of Companies may, on an application by the Company or charge-holder, allow such intimation of payment or satisfaction to be made within a period of 300 days of such payment or satisfaction. The date when the event takes place is to be excluded while calculating thirty days.