MCA Form CHG-4: Satisfaction of Charge Filing with the ROC

MCA Form CHG-4: Satisfaction of Charge Filing with the ROC. Sections and Provisions
CHG-4 is required to be filed under Section 82(1) of the Companies Act, 2013 and Rule 8(1) of Companies (Registration of Charges) Rules, 2014 which are reproduced for your reference:
Section 82

A company shall give intimation to the Registrar in the prescribed form, of the payment or satisfaction in full of any charge registered under this Chapter within a period of thirty days from the date of such payment or satisfaction and the provisions of sub-section.

Rule 8 (1)    
For subsection (1) of section 82, a company shall, within thirty days from the date of the payment or satisfaction in full of any charge registered under Chapter VI, give intimation of the same to the Registrar in CHG-4 along with the fee.
Purpose
Purpose of the e-Form Every company shall inform the ROC of the payment or satisfaction (in full) of any charge relating to the company within 30 days from the date of such payment or satisfaction. Indian companies will file e-Form CHG-4 with their concerned ROC and the foreign companies will file e-Form CHG-4 with the Delhi ROC. 
Key Information:
The form will be processed by the office of the Registrar of Companies. 
Documents Required:

A letter from the charge holder stating that the amount has been satisfied is a mandatory attachment in all cases.

Any other information can be provided as an optional attachment(s).

Timeline
CHG-4 is required to be filed within 30 days of the satisfaction charge.
Fees

Nominal Share Capital

Fee applicable

Less than 1,00,000

Rupees 200

1,00,000 to 4,99,999

Rupees 300

5,00,000 to 24,99,999

Rupees 400

25,00,000 to 99,99,999

Rupees 500

1,00,00,000 or more

Rupees 600

Key Considerations

In case the e-Form is being filed beyond 30 days from the date of satisfaction of charge, then the application to Central Government for condonation of delay is required to be filed in e-Form CHG-8 after filing this e-Form and this e-Form will be processed by the ROC office after filing order for approval for condonation of delay in e-Form INC-28.

On successful submission of the CHG-4, SRN will be generated and shown to the user which will be used for future correspondence with MCA.

On successful submission of the CHG-4, a challan will be generated depicting the details of the fees paid by the user to the Ministry. It is the acknowledgment to the user that the has been filed.

When a CHG-4 is registered by the authority concerned, an acknowledgment of the same with related documents, if any is sent to the user in the form of an email to the email id of the company.

Certificate of satisfaction of charge is generated after the CHG-4 is registered with the authority concerned and sent to the user as an attachment to the email ID of the company.

MCA Help-Kit

Sections and Provisions

CHG-4 is required to be filed under Section 82(1) of the Companies Act, 2013 and Rule 8(1) of Companies (Registration of Charges) Rules, 2014 which are reproduced for your reference:

Section 82

A company shall give intimation to the Registrar in the prescribed form, of the payment or satisfaction in full of any charge registered under this Chapter within a period of thirty days from the date of such payment or satisfaction and the provisions of sub-section.

Rule 8 (1)

For subsection (1) of section 82, a company shall, within thirty days from the date of the payment or satisfaction in full of any charge registered under Chapter VI, give intimation of the same to the Registrar in CHG-4 along with the fee.

Purpose

Purpose of the e-Form Every company shall inform the ROC of the payment or satisfaction (in full) of any charge relating to the company within 30 days from the date of such payment or satisfaction. Indian companies will file e-Form CHG-4 with their concerned ROC and the foreign companies will file e-Form CHG-4 with the Delhi ROC.

Key Information:

The form will be processed by the office of the Registrar of Companies.

Documents Required:

A letter from the charge holder stating that the amount has been satisfied is a mandatory attachment in all cases.
Any other information can be provided as an optional attachment(s).

Timeline

CHG-4 is required to be filed within 30 days of the satisfaction charge.

Fees

Nominal Share Capital	Fee applicable
Less than 1,00,000	Rupees 200
1,00,000 to 4,99,999	Rupees 300
5,00,000 to 24,99,999	Rupees 400
25,00,000 to 99,99,999	Rupees 500
1,00,00,000 or more	Rupees 600

Key Considerations

In case the e-Form is being filed beyond 30 days from the date of satisfaction of charge, then the application to Central Government for condonation of delay is required to be filed in e-Form CHG-8 after filing this e-Form and this e-Form will be processed by the ROC office after filing order for approval for condonation of delay in e-Form INC-28.
On successful submission of the CHG-4, SRN will be generated and shown to the user which will be used for future correspondence with MCA.
On successful submission of the CHG-4, a challan will be generated depicting the details of the fees paid by the user to the Ministry. It is the acknowledgment to the user that the has been filed.
When a CHG-4 is registered by the authority concerned, an acknowledgment of the same with related documents, if any is sent to the user in the form of an email to the email id of the company.
Certificate of satisfaction of charge is generated after the CHG-4 is registered with the authority concerned and sent to the user as an attachment to the email ID of the company.