Satisfaction of charge requires Form CHG-4 filing with charge details, chargeholder confirmation, declarations and professional certification. Form CHG-4 records company identification, charge particulars (creation/ modification dates, final secured amount and currency), date of satisfaction, and chargeholder/assignee details; requires a chargeholder's letter confirming satisfaction and optional attachments; prescribes late-filing rules (30-300 days with reasons; beyond 300 days requires Central Government application) and declarant confirmations regarding prejudice, subsequent charges, company status and pending litigation; mandates digital signature by authorised officers and certification by a practicing professional, and highlights penalties for fraud and false statements.
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Satisfaction of charge requires Form CHG-4 filing with charge details, chargeholder confirmation, declarations and professional certification.
Form CHG-4 records company identification, charge particulars (creation/ modification dates, final secured amount and currency), date of satisfaction, and chargeholder/assignee details; requires a chargeholder's letter confirming satisfaction and optional attachments; prescribes late-filing rules (30-300 days with reasons; beyond 300 days requires Central Government application) and declarant confirmations regarding prejudice, subsequent charges, company status and pending litigation; mandates digital signature by authorised officers and certification by a practicing professional, and highlights penalties for fraud and false statements.
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