Form 17 is filed with reference to the Form -8 which was already filed and charge ID is created. when u will file Form-17 it will demand Charge ID of charge which are going to be satisfied after filling the details will automatically shows.
23 April 2012
In E-form 17 what does "date of satisfaction mean" date of full and final payment to bank or date on which we recieve NDC letter from Bank, Please clarify the same.
24 April 2012
Thanks ajay for answering the queries but, would appreciate if you provide me with clarification on it. still some of people over here saying that date of payment .
Every Company have different practice of issuing letter of satisfaction of payments.
For example, if your company has made all payments to Bank and against it Bank issued a letter stating that the company has made all payment and no dues pending as on date. with heading "Letter of Satisfaction". Bank letter date is 14.04.2012. In this letter the bank has not mention the date of payments but the bank said that as on 14.04.2012 no due is pending. This letter will be treated as satisfaction letter.
In my case, I generally use this practice and comply the Form-17 requirement.
At the end, its depend on Bank letter what it says.
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