Satisfaction

of Charge Filing with ROC

Get your satisfaction of charge filing done with ROC starting at just ₹4,999/- only.

Trusted by companies across India who rely on Ebizfiling for accurate filing of Form CHG-4 and charge clearance.

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Satisfaction of Charge

About Our Service

What is Satisfaction of Charge?

Satisfaction of charge is the process of informing the Registrar of Companies (ROC) that a company has fully repaid a loan or debt secured against its assets. Under the Companies Act, once a charge is created for a loan, it must also be cleared by filing Form CHG-4 within 30 days of repayment. This filing officially records that the lender’s charge on the company’s assets has been satisfied and is no longer enforceable.

Ensure Compliance Closure with CHG 4 Filing

Who Needs to File Satisfaction of Charge?

  • Companies that have repaid loans or financial obligations secured by creating a charge.

  • Businesses that are required to inform the ROC after clearance of debt through Form CHG-4.

  • Organizations planning to raise new loans and need to update their charge records.

  • Any company wanting to maintain compliance and accurate records with the Ministry of Corporate Affairs.

Why Ebizfiling for Satisfaction of Charge Filing?

Ebizfiling provides complete assistance in filing satisfaction of charge with the ROC using Form CHG-4. Our experts prepare documents, verify details, and ensure timely submission to avoid penalties. With a clear understanding of MCA compliance, we simplify the filing process for companies of all sizes. Our expert services include LLP Annual Filing, Company Annual Filing and OPC Annual Filing. To get started, you can call  09643203209 or email info@ebizfiling.com for quick support with satisfaction of charge filing.

Satisfaction of Charge Fees

Choose Your Package

ESSENTIAL

4999/-

(All Inclusive)

  • Preparation of documents
  • Filing of form CHG 4 for charge satisfaction with MCA

 Advantages of Filing Satisfaction of Charge

Enables Future Borrowing

Companies can raise new loans easily when old charges are cleared from ROC records.

Updates ROC Records

It ensures that the Registrar of Companies reflects accurate and updated charge status.

Improves Creditworthiness

A satisfied charge shows lenders that past debts are cleared, improving financial credibility.

Legal Compliance

Filing satisfaction of charge keeps the company compliant with the Companies Act and MCA rules.

Smooth Operations

With charges cleared, companies can focus on future growth without compliance issues.

Ensures Transparency

Proper filing creates a transparent financial position for the company in public records.

Builds Investor Trust

Updated charge records build confidence among shareholders and potential investors.

Avoids Penalties

Timely filing of Form CHG-4 prevents additional fees, penalties, and legal complications.

Documents Required for Filing Satisfaction of Charge 

Satisfaction of Charge Document

  • Copy of Form CHG-1 Filed (Creation of charge) along with Charge Deed

  • NOC from Bank

  • DSC of any Director for form filing.

  • PAN and Email ID of Bank

  • DSC of Bank official for form filing.

 Why is Filing CHG-4 Important?

Legal Compliance

Filing Form CHG-4 ensures that the company complies with the Companies Act and MCA requirements.

Clearer Records

It updates the ROC records to show that the loan has been repaid and the charge is no longer active.

Future Borrowing

A satisfied charge helps companies raise new loans without any legal or compliance hurdles.

Avoids Penalties

Timely filing of satisfaction of charge prevents penalties and interest for delayed submission.

 Stepwise Process of Filing CHG-4 with ROC 

1

Collect Documents

2

Prepare CHG-4 Form

3

Digital Signing

4

File with ROC

5

Get Approval

 What does Ebizfiling do for Satisfaction of Charge? 

  • Ebizfiling explains the compliance requirements for filing satisfaction of charge with ROC.

  • We assist in preparing and reviewing Form CHG-4 with accurate details.

  • Our team ensures proper digital signing and timely filing with ROC.

  • We coordinate with the Registrar of Companies until approval is granted.

  • Ebizfiling provides reminders and guidance to avoid penalties for delayed filing.

FAQs

FAQs on Satisfaction of Charge and CHG-4 

Get answers to all your queries

  • What is satisfaction of charge?

    Satisfaction of charge is the process of informing the Registrar of Companies (ROC) that a company has repaid a loan or debt for which a charge was created on its assets.

  • Which form is used for satisfaction of charge?

    Form CHG-4 is used to file satisfaction of charge with the ROC.

  • What is the time limit for filing CHG-4?

    Form CHG-4 must be filed within 30 days from the date of repayment of the loan or debt.

  • Can the time limit for filing CHG-4 be extended?

    Yes, the ROC may allow filing up to 300 days with additional fees and approval from the Regional Director in certain cases.

  • Who is responsible for filing satisfaction of charge?

    The company is primarily responsible for filing CHG-4 with the ROC after repayment of the charge.

  • What happens if CHG-4 is not filed on time?

    Failure to file CHG-4 on time may lead to penalties, additional fees, and the charge remaining active in ROC records.

  • What documents are required for filing CHG-4?

    Documents include the filled CHG-4 form, lender’s NOC or letter confirming repayment, proof of repayment, and DSC of the authorized signatory.

  • Is lender confirmation mandatory for satisfaction of charge?

    Yes, a No Objection Certificate (NOC) or letter from the lender confirming repayment is mandatory.

  • What is the purpose of filing satisfaction of charge?

    The purpose is to update ROC records and legally confirm that the charge on company assets has been cleared.

  • Can a company raise new loans without filing satisfaction of charge?

    No, unsatisfied charges may create obstacles in raising new loans as lenders check updated ROC records.

  • Is satisfaction of charge applicable to all types of companies?

    Yes, all companies registered under the Companies Act that create charges must also file satisfaction of charge after repayment.

  • Who signs the CHG-4 form?

    The CHG-4 form must be digitally signed by a director or company secretary authorized by the company.

  • What are the penalties for late filing of CHG-4?

    Late filing attracts additional fees, and continued non-filing can lead to prosecution and heavy penalties under the Companies Act.

  • Does the ROC issue any certificate after satisfaction of charge?

    Yes, once the filing is approved, the ROC issues a certificate confirming satisfaction of charge.

  • Can satisfaction of charge be filed without proof of repayment?

    No, proof of repayment and lender confirmation are mandatory for filing CHG-4.

  • What is the role of Form CHG-8?

    Form CHG-8 is used to apply for condonation of delay in cases where CHG-4 cannot be filed within the permitted time.

  • Can satisfaction of charge be filed if the lender disputes repayment?

    No, in case of disputes, satisfaction cannot be filed until the matter is resolved between the company and lender.

  • Is satisfaction of charge required for partial repayment of a loan?

    No, satisfaction of charge is filed only after full repayment of the loan or debt.

  • How long does it take for ROC to approve satisfaction of charge?

    It generally takes 7–15 working days for the ROC to verify and approve the satisfaction of charge filing.

  • How does Ebizfiling help in satisfaction of charge filing?

    Ebizfiling helps companies prepare documents, file Form CHG-4, ensure proper digital signing, and coordinate with ROC until approval is granted.

Reviews

  • Client Review & Ebizfiling

    Amrish Ganatra

    28 Nov 2017

    "Our Company being an Indian Subsidiary requires much compliance, but ebizfiling has provided us end to end services. They are very important part of our business. They handle all of the legal tasks in India. I highly recommend ebizfiling for non-residents thinking of starting a project in India."

  • Ebizfiling

    Chander Verma

    01 Oct 2019

    Ebiz Filling team did all filling conveniently, team is flexible, approachable. I highly recommend EbizFilling to startups like for all financial services.

  • Ebizfiling

    Amir Abbas Sayedrizvi

    05 Aug 2019

    Charges are very affordable and One of the fastest & bestest service I ever get and miss Snehal is too corporative and very dedicated I had recommended to all my colleagues even they also like thier services.

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