Once a debt secured by a charge is repaid, the charge needs to be discharged on record so that the asset is freed.
## Section 82 — Company to Report Satisfaction
### Timeline for Intimation
Stage
Timeline
Procedure
Regular
Within 30 days of payment/satisfaction
Company files Form CHG-4 with ROC
Extension
Within 300 days from payment/satisfaction
Application by company or charge holder + additional fees; ROC may allow
### Action by ROC
On receiving intimation, ROC sends a notice to the charge holder to show cause within 14 days as to why the satisfaction should not be recorded.
Notice not required if the intimation in Form CHG-4 is signed by the charge holder.
### Two Outcomes
Charge Holder Shows Cause
No Cause Shown
ROC records a note to that effect in the register of charges and informs the company
ROC orders entering of memorandum of satisfaction in the register of charges and informs the company. Certificate of Registration of Satisfaction issued in Form CHG-5
## Section 83 — ROC's Suo Motu Power to Enter Satisfaction
Even without intimation from the company, the ROC may enter satisfaction in the register of charges if evidence is shown to his satisfaction that:
1. The debt is satisfied in whole or in part, OR
2. Part of the property/undertaking is released from the charge or has ceased to form part of the company's property/undertaking.
ROC then makes a memorandum of satisfaction. If full satisfaction is recorded, ROC issues the Certificate in Form CHG-5.
ROC must inform affected parties within 30 days of making the entry.
Worked example
### Example 1
Example — Section 82 in Action
N Ltd. fully repaid its loan to Bank F on 1st March 2026 and requested a No-Dues Letter, but the Bank did not respond.
N Ltd. must file Form CHG-4 within 30 days (by 31st March 2026).
If missed, intimation can be made within 300 days of 1st March 2026 with additional fees.
On filing, ROC sends notice to Bank F to show cause within 14 days.
If Bank F fails to show cause, ROC enters memorandum of satisfaction in the register and issues Form CHG-5 to N Ltd.
### Example 2
Example — Section 83 in Action
A company sells a portion of its charged factory premises to a third party after repaying the relevant portion of the loan. The company fails to file satisfaction with the ROC.
The buyer can approach ROC under Section 83 with evidence (sale deed, payment receipts).
ROC, if satisfied, may suo motu enter memorandum that part of the property is released, even without company's intimation.
ROC must inform affected parties within 30 days of the entry.
⚠️ Common exam mistakes
Confusing the 30-day timeline (regular) with the 14-day timeline (notice to charge holder) — these serve different stages.
Believing the ROC must always give notice to the charge holder — not required if Form CHG-4 is signed by the charge holder.
Treating Section 83 as automatic — it requires evidence shown to ROC's satisfaction.
Forgetting that the 300-day extension under Section 82 is on payment of additional fees and only on application by the company or charge holder.
Confusing forms — CHG-4 is the intimation by company; CHG-5 is the certificate issued by ROC.
Bare-Act text Section 82 and Section 83 · Companies Act, 2013 · click to expand
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. Provided that the Registrar may, on an application by the company or the charge-holder, allow such intimation of payment or satisfaction to be made within a period of three hundred days of such payment or satisfaction on payment of such additional fees as may be prescribed. The Registrar shall, on receipt of intimation under sub-section (1), cause a notice to be sent to the holder of the charge calling upon him to show cause within such time not exceeding fourteen days, as may be specified in such notice, as to why payment or satisfaction in full should not be recorded as intimated to the Registrar.
Section 83 — The Registrar may, on evidence being given to his satisfaction with respect to any registered charge, — (a) that the debt for which the charge was given has been paid or satisfied in whole or in part; or (b) that part of the property or undertaking charged has been released from the charge or has ceased to form part of the company's property or undertaking, enter in the register of charges a memorandum of satisfaction in whole or in part, or of the fact that part of the property or undertaking has been released from the charge or has ceased to form part of the company's property or undertaking, as the case may be, notwithstanding the fact that no intimation has been received by him from the company.