law: Companies Act, 1956
  Sec 138    -    
  
  Company to report satisfaction and procedure thereafter. 
  (1) The company shall give intimation to the
  
  Registrar of the payment or satisfaction, in full, of any charge relating to
  
  the company and requiring registration under this Part, within thirty days from
  
  the date of such payment or satisfaction.
  (2) The Registrar shall, on receipt of such
  
  intimation, cause a notice to be sent to the holder of the charge calling upon
  
  him to show cause within a time (not exceeding fourteen days) specified in such
  
  notice, why payment or satisfaction should not be recorded as intimated to the
  
  Registrar.
  (3) If no cause is shown, the Registrar shall
  
  order that a memorandum of satisfaction shall be entered in the register of
  
  charges.
  (4) If cause is shown, the Registrar shall
  
  record a note to that effect in the register, and shall inform the company that
  
  he has done so.
  (5) Nothing in this section shall be deemed to
  
  affect the power of the Registrar to make an entry in the register of charges
  
  under section 139 otherwise than on receipt of an intimation from the company