Company Affairs

Our company took a fresh loan from the bank around 5 months back.
Every time a company does some thing like that, there has to be a creation and registration of charge, with the registrar of companies.
The registrar does all what is prescribed by the ministry of company affairs.
There is a time frame within which the charge ahs to be created, every time there are some changes in the companies structure.
This time it was 300 days.
Now, on the7th of July the ministry issues a notification that this has been amended to 60 days and that too with effect from 5th of July.
Now this is ridiculous. Like all government notifications, this also defies logic.
How can some thing be affected from a date already surpassed?
In my case, where it has already passed 150 days. Without any time rectify, a law has been imposed.
Now I have to go to the company law board, present my case and get special permission.
This special permission would be for almost all the companies, who have anything to register.
So with a simple stroke of pen, they have created a parallel economy for the Babu’s.
Grease their palms, company secretaries are happy as they get additional job to perform.
And small fries like me will have an affair with the amazing company of the Bengali Babu’s.
Ok Babu moshaye, here I come.