Form CHG-4: Complete Guide to Satisfaction of Charge on MCA Portal
What is Form CHG-4?
Form CHG-4 is the web form filed by a company or charge holder with the concerned Registrar of Companies (RoC) for intimating the payment or satisfaction in full of any charge relating to the company. It is governed by Section 82(1) of the Companies Act, 2013 and Rule 8(1) of the Companies (Registration of Charges) Rules, 2014.
When a loan secured by a charge is fully repaid and the charge is released, this fact must be registered with the RoC through CHG-4, so that the charge is officially marked as satisfied in the MCA records.
For Foreign Companies: The concerned ROC is always the Delhi ROC.
Who Can File CHG-4?
CHG-4 can be filed by either:
- The Company — through its Director, Manager, Company Secretary, CEO, CFO, IRP/RP/Liquidator (Indian company) or Authorised Representative (foreign company)
- The Charge Holder — the bank, financial institution, or other lender in whose favour the charge was created
Important Checkpoints Before Filing
- Register as a Business User on MCA portal before filing
- Company must have a valid and approved CIN or FCRN
- DSC must be registered on MCA portal against the correct DIN/PAN/Membership number
- Authorised signatories must have an approved DIN, valid PAN, or valid membership number
- DSC must be valid, non-expired, and non-revoked
- For resubmission: application must be in Application History and T+15 days must not have elapsed
Step-by-Step Filing Process
Option 1: Via MCA Services Menu
- Login to MCA portal
- Go to MCA Services → E-Filing → Company Forms Download
- Navigate to “Charge related filings”
- Access “Intimation of satisfaction of charge (CHG-4)”
- Enter Company Information
- Fill up the application
- Optionally save as draft (enabled after entering CIN)
- Submit the webform
- Note the SRN generated
- Affix DSC on the generated PDF
- Upload DSC-affixed PDF on MCA portal (within 15 days of SRN generation)
- Pay Fees within 7 days of successful PDF upload, or due date + 2 days, whichever is earlier
- Receive acknowledgement
- If form is not signed by the company, the Back Office will email the company to provide a response
Option 2: Via MCA Search Bar
Search for “CHG-4” on the MCA homepage and proceed from Step 3 above.
SRN Cancellation: SRN is cancelled if DSC-affixed PDF is not uploaded within 15 days of SRN generation, or payment is not completed in time.
Resubmission Process
Option 1 — Via Dashboard:
- Login → Application History
- Select CHG-4 with status ‘Resubmission Required’
- Fill, submit, affix DSC, and upload within 15 days of BO marking resubmission
Option 2 — Via Notification Email:
- Click the link in the resubmission email
- Login, fill, submit, affix DSC, and upload
Daily SMS and email reminders are sent if DSC-affixed PDF is not uploaded within 24 hours of SRN update, continuing for up to 15 days.
Field-Level Instructions
Field 1: CIN / FCRN
- Company users: auto-populated
- Professional users: searchable by company name
- Other business users: dropdown of associated CINs
- Must be a valid CIN or FCRN
Field 3: Date of Satisfaction of Charge
- Must be ≥ date of incorporation (for CIN) or date of establishment of place of business in India (for FCRN)
- Must be ≤ current date
Field 4(a)(i): Beyond 30 Days but Within 300 Days
- If filing date falls beyond 30 days and within 300 days from satisfaction date, the user cannot select ‘No’ — it is automatically enforced
Field 4(a)(ii): Beyond 300 Days
- Displayed only if ‘No’ is selected in Field 4(a)(i)
- If filing date is beyond 300 days from satisfaction date, user cannot select ‘No’
- If ‘Yes’: an application to the Central Government via CHG-8 is required for extension of time
Field 4(b): Whether Applicant is Company or Charge Holder
- Select ‘Company’ or ‘Charge Holder’ as applicable
Field 5(b): Charge ID
- Must be a valid Charge ID associated with the company’s CIN/FCRN
Fields 6(a) onwards: Charge Holder Details
All the following are pre-filled from the charge master based on the Charge ID in Field 5(b) and are non-editable if pre-filled:
- Name of charge holder
- CIN of charge holder (if applicable)
- Name and address
- Email ID
- Charge creation date
- Charge last modified date
- Final amount secured (must be a positive integer > 0)
- Amount in words (auto-filled, non-editable)
Attachments
| Attachment | Mandatory? |
|---|---|
| Optional attachments (up to 5) | Optional |
- Format: PDF or JPG; max 2 MB per file; total up to 10 MB
Note: No mandatory attachment is prescribed for CHG-4. However, it is good practice to attach the No-Objection Certificate (NOC) or satisfaction letter from the charge holder as an optional attachment.
Signing Requirements
Company Declaration
- Board resolution number and date must be entered
- Date must be ≥ incorporation date and ≤ system date
- Signed by: Director / Manager / CS / CEO / CFO / IRP/RP/Liquidator (Indian company) or Authorised Representative (foreign company)
- IRP/RP/Liquidator: only for Indian companies; company status must be ‘Under CIRP’ or ‘Under Liquidation’
Charge Holder Declaration
- Mandatory unless the charge holder is a multilateral/international financial institution exempted from income tax in India
- Valid PAN and Email ID required
ARC or Assignee Declaration
- Required if the charge was modified in favour of an ARC or assignee
- Valid PAN and Email ID required
Multilateral/International Financial Institution
- If the charge holder is exempt from income tax under the UN Privileges and Immunities Act, the corresponding checkbox can be selected, waiving the PAN requirement
Professional Certification
- Mandatory for all companies except OPC and Small Companies (optional for them)
- Certified by: CA (WTP) / CMA (WTP) / CS (WTP)
- CA/CMA: membership number; CS: Certificate of Practice number
Fee Structure
Filing must be done within 30 days from the date of satisfaction of charge.
Normal Fee — Companies with Share Capital
| Nominal Share Capital (INR) | Fee (INR) |
|---|---|
| Less than 1,00,000 | 200 |
| 1,00,000 to 4,99,999 | 300 |
| 5,00,000 to 24,99,999 | 400 |
| 25,00,000 to 99,99,999 | 500 |
| 1,00,00,000 or more | 600 |
Companies without Share Capital: ₹200
Foreign Companies: ₹6,000
Additional (Delay) Fee
| Period of Delay | Fee Applicable |
|---|---|
| Up to 30 days | 2× normal fee |
| More than 30 days up to 60 days | 4× normal fee |
| More than 60 days up to 90 days | 6× normal fee |
| More than 90 days up to 180 days | 10× normal fee |
| More than 180 days | 12× normal fee |
If filing is beyond 300 days from the date of satisfaction, an application must first be made to the Central Government via Form CHG-8 for condonation of delay.
Processing Mode
| Condition | Mode |
|---|---|
| Signed by both company and charge holder, filed within T+299 days | STP mode — processed automatically |
| Not signed by company and/or filed after T+299 days | Non-STP mode — manual review; company response may be sought |
Where T = Date of satisfaction of charge entered in Field 3.
Useful Links
Frequently Asked Questions (FAQs)
Q1. What is the time limit for filing CHG-4? CHG-4 must be filed within 30 days of the date of satisfaction of charge. Late filing is allowed with additional fees. If filing is beyond 300 days, prior approval from the Central Government via CHG-8 is required.
Q2. Can the charge holder file CHG-4 without the company’s signature? Yes, but in that case the form will be processed in Non-STP mode and the RoC will seek a response from the company before taking it on record.
Q3. What if the charge master details (charge holder name, amount, etc.) are incorrect? If the pre-filled details from the charge master are wrong, the company should first file for rectification through CHG-8 before filing CHG-4.
Q4. Is there a fee for filing CHG-4 within 30 days? Yes, the normal filing fee based on the company’s nominal share capital is applicable even within 30 days.
Q5. What happens after CHG-4 is successfully processed? The charge is marked as ‘Satisfied’ in the MCA records and the charge register of the company. The RoC issues a certificate of registration of satisfaction of charge.
Q6. Is professional certification always required for CHG-4? It is mandatory for all companies except OPC and Small Companies, for whom it is optional.
Disclaimer
This article is based on the official Instruction Kit published by the Ministry of Corporate Affairs (MCA), Government of India. While every effort has been made to ensure accuracy, the content is intended for general guidance purposes only. MCA forms, rules, and fee structures are subject to change through amendments to the Companies Act, 2013 or notifications issued thereunder.
In case of any inconsistency or doubt, readers are advised to refer to the official MCA helpkit and resources available on MCA website.