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Secured borrowings (Satisfaction of charge with ROC)

Get help file charge creation, modification and satisfaction of your Company with Easifyy. Book Service with full Satisfaction & 100% Assurance

  • 100% Assured
  • 4.9  400+ Reviews
  • Refund Protection

About This Plan

Companies are required to complete the registration of charges within 30 days of satisfying a security interest on their assets. Easifyy offers an easy process to create/modify charges

Services Inclusions
  • Drafting of Board resolution
  • Form CHG-4
  • Filling for the satisfaction of charges
Who Should take Services
  • All companies incorporated in India
How It's Works
  • Purchase the Plan
  • Easifyy Expert will draft the resolution
  • Satisfy charge
  • Registered with ROC
  • File from CHG-4
  • ROC issue a Certificate
Information Guide

Documents To Be Submitted
  1. Duration for filling for Satisfaction of Charge
  2. Within 30 days The Application has to be filed within 30 days of the Satisfaction of Charge in Form CHG-4.
  3. The company will provide instrument/other relevant documents of satisfaction of charge between borrower and lender.
FAQs

  • What is charge satisfaction??

    It is a release of the security by the lender to the borrower. It is mandatory to register the satisfaction of charge on Roc.


  • Who satisfies a charge??

    As per Section 77 it is duty of borrower Company to satisfy charge. As per Section 78 if Company fails to file form for registration of charge then, the person in whose favor charge is created will file a form for the satisfaction of charge. The person is entitled to recover from the company the amount of fees.


  • What happens if a charge is not registered??

    Consequences of Non-Registration Although the security is released Omission to registrar particulars of charge is required punishment with a fine. .


  • Why is it important to register a charge??

    The system of registration of charges is important both to those that need to register the charge and to those that need to access information about the charges satisfied by a company. To note, lenders and legal firms may need both to file and to access information on charges.


Review .

Secured borrowings (Satisfaction of charge with ROC) Rs. 4200
Rs. 6000 (30% OFF)

  • Drafting of Board resolution
  • File Form CHG-4
  • Does not include Govt fees, DSC & DIN

5 Days Delivery time

Total Rs. 4200

Full Amount Rs. 4200
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Easifyy Assurance
  • 100% Payment Protection
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  • Escrow Payments and Instalments
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How it Works
  • Pay Booking Amount & Book Service
  • Communicate with PSP
  • Track Work Delivery with Milestones
  • Pay Balance Payments as per Milestones
  • Get work Done!
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