If the form is signed by the company only (not the charge-holder), the ROC issues a notice to the charge-holder to show cause within 14 days why the satisfaction should not be recorded.
## Two Branches After Notice
Cause is NOT shown
Cause IS shown
ROC records satisfaction and issues CHG-5 (Memorandum of Satisfaction)
ROC records the response and informs the company
## Preservation
The instrument creating the charge must be preserved for 8 years from the date of satisfaction.
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# Section 83 — Power of ROC to Record Satisfaction (Suo Motu)
## Trigger
Even if no intimation has been received from the company under Sec 82, the ROC may act on evidence to its satisfaction that:
The debt has been paid/satisfied in full or in part; OR
Any part of the property has been released from the charge.
## What ROC Does
Enter a memorandum of satisfaction/release in the register of charges.
Issue Form CHG-5 to the affected parties.
## Significance
Section 83 begins with a non-obstante principle — "notwithstanding the fact that no intimation has been received" — ensuring the register remains up to date.
Worked example
### Example 1
Example 1 (Sec 82): LMN Ltd. fully repays a term loan on 1st April 2026. It files Form CHG-4 with ROC on 20th April 2026 → within 30 days, normal fees. ROC issues CHG-5.
### Example 2
Example 2 (Sec 82 extension): LMN files only on 200th day after satisfaction. It applies with reasons and additional fees → ROC may allow up to 300 days.
### Example 3
Example 3 (Sec 82 — charge-holder objects): Company files CHG-4 alone. ROC notices charge-holder, who replies within 14 days disputing satisfaction. ROC records the response and informs the company.
### Example 4
Example 4 (Sec 83): Bank confirms in writing to ROC that loan to STU Ltd. is fully repaid; STU did not file CHG-4. ROC can suo motu record satisfaction and issue CHG-5.
⚠️ Common exam mistakes
Filing CHG-1 instead of CHG-4 for satisfaction.
Believing the 30-day limit is fatal — extension up to 300 days is allowed with additional fees and reasons.
Missing the 14-day notice requirement to charge-holder when the company alone signs CHG-4.
Forgetting the 8-year preservation requirement for the instrument creating the charge.
Bare-Act text Sections 82 & 83 · Companies Act, 2013 · click to expand
Sec 82(1): 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.
Sec 83(1): 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, as the case may be, notwithstanding the fact that no intimation has been received by him from the company.