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Satisfaction of Charge Filing

Support for recording the satisfaction of a charge after the related secured obligation has been resolved.

What is this Service?

Recording that a registered charge has been satisfied after the secured loan is repaid, so the company’s public record no longer shows an active security.

Why You Need It

Clearing an obsolete charge from company records helps keep the public corporate record current.

Key Benefits

Collection and review of the lender’s no-dues and charge-release confirmation

Board resolution recording the satisfaction

Preparation and filing of CHG-4 with the supporting evidence

Key Facts

Applicable to: Companies whose secured obligation has been fully discharged
Filed in: Form CHG-4
Due date: Within 30 days of satisfaction; delay needs a condonation route
Why it matters: An open charge blocks due diligence, refinancing and strike-off

Documents Needed

No-dues certificate and charge-release letter from the lender
Loan closure statement and the charge ID
Board resolution recording the satisfaction
DSC of a director

What Is Not Included

Government, statutory, stamp-duty and portal charges (billed at actuals)
Litigation, adjudication or representation before any authority
Bookkeeping, statutory audit and income-tax return preparation
Additional filings triggered by facts discovered during the review