Form CHG-4: How to File Satisfaction of Charge with ROC | Due Date, Documents & Process

What Is a Charge Under the Companies Act, 2013?

A charge is a security interest created by a company over its assets in favour of a lender—for example, a mortgage on property, hypothecation of stock and receivables, or a charge on plant and machinery. Every charge is registered with the ROC through Form CHG-1 at the time of creation and must be marked as satisfied through Form CHG-4 once the loan is repaid.

What Is Form CHG-4?

Form CHG-4 is the e-form prescribed under Section 82 of the Companies Act, 2013, read with the Companies (Registration of Charges) Rules, 2014, for reporting full or partial satisfaction of a registered charge to the ROC. It serves as official evidence that the secured debt has been discharged and the asset is free from encumbrance.

When Is Form CHG-4 Required?

File CHG-4 whenever:

• A term loan is fully repaid
• A working capital/cash credit facility is closed
• A mortgage is released by the lender
• The charge holder issues a No Due Certificate
• A charge is partially satisfied

Need Help Filing Form CHG-4 with ROC?

CHG-4 Due Date: 30 Days from Satisfaction

Form CHG-4 must be filed within 30 days from the date of satisfaction of the charge.

Delayed filing requires condonation of the delay, adding cost and time. The responsibility to file rests with the company — not the bank.

Documents Required for Form CHG-4

1. No Due Certificate (NDC) from the lender
2. Satisfaction/release letter from the charge holder
3. Board resolution authorising the filing
4. Instrument evidencing satisfaction (release deed or discharge certificate, if any)
5. DSC of the authorised director or officer

How to File Form CHG-4: Step-by-Step

1. Collect the No Dues Certificate and release documents from the lender immediately upon closure
2. Pass a board resolution authorising a director/officer to file
3. Prepare Form CHG-4 with CIN, Charge ID, date of creation, charge amount, and satisfaction date
4. Attach supporting documents and affix the DSC
5. Upload to the MCA portal and pay the filing fee
6. ROC approval—the charge status is updated to “satisfied” in the Index of Charges

Why Timely CHG-4 Filing Matters

• Clean asset title — assets no longer show as encumbered on MCA records
• Smooth fundraising — banks insist on a clear charge index before sanctioning fresh limits
• Due diligence ready—investors verify charge records before every transaction
• Compliance hygiene—avoids regulatory complications and condemnation proceedings

Conclusion

Loan repayment completes the financial obligation; Form CHG-4 completes the compliance. Filing within 30 days keeps your charge index clean, your assets unencumbered on record, and your company due diligence ready.

Contact Chhota CFO today for Form CHG-4 filing and ROC charge satisfaction support.