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Charge Satisfaction (CHG-4)

Cleared a secured loan? We file CHG-4 to record the satisfaction of charge so your company’s records show the asset is free again.

Overview

Once a secured loan is fully repaid, the charge on your assets should be marked satisfied by filing Form CHG-4 within 30 days. Leaving an old charge open makes your company look encumbered — a problem during audits, fundraising and future borrowing.

GovYapar obtains the lender’s no-dues confirmation, files CHG-4, and updates your register of charges so your assets show as free and clear.

What’s included

  • Lender no-dues coordination
  • CHG-4 preparation & filing
  • Charge-register update
  • Delay-condonation guidance if late
  • Confirmation of satisfaction
  • Clean-up of old open charges

Who needs this

  • Companies that have repaid a secured loan
  • Businesses cleaning up stale charges
  • Companies preparing for due diligence

Documents required

  • Loan closure / no-dues letter
  • Original charge (CHG-1) details
  • CIN & board inputs
How it works

Simple, done-for-you process

A real Chartered Accountant handles the filing end-to-end.

1

Get no-dues

Lender confirms repayment.

2

File CHG-4

Satisfaction recorded with the ROC.

3

Update

Charge register cleaned up.

4

Confirm

Assets show as unencumbered.

FAQs

Common questions

An open charge makes your company look indebted — hurting audits, fundraising and new loans. CHG-4 clears the record.

We can still file, with condonation of delay if needed, and clean up your register.

A no-dues/closure confirmation from the lender supports the filing. We coordinate to obtain it.

Related

Related services

Show your assets as free & clear.

CHG-4 filed and your charge register cleaned up.

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