Chapter VI - Registration of Charges
Section 82
Section 82: reporting satisfaction of a charge
A company must intimate the Registrar, in the prescribed form, of payment or satisfaction in full of a registered charge within thirty days, and the Registrar records satisfaction after a show-cause process.
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Need advice on Section 82?
This article is for general information. Refer to the Companies Act, 2013 official text for the official provisions. If you need professional advice for your situation, contact Bizeneed.
Statutory text
Bare law
(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.
(2) The Registrar shall, on receipt of intimation under sub-section (1), cause a notice to be sent to the holder of the charge calling upon him to show cause within such time not exceeding fourteen days, as may be specified in such notice, as to why payment or satisfaction in full should not be recorded as intimated to the Registrar, and if no cause is shown, by such holder of the charge, the Registrar shall order that a memorandum of satisfaction shall be entered in the register of charges kept by him under section 81 and shall inform the company that he has done so: Provided that the notice referred to in this sub-section shall not be required to be sent, in case the intimation to the Registrar in this regard is in the specified form and signed by the holder of charge.
(3) If any cause is shown, the Registrar shall record a note to that effect in the register of charges and shall inform the company.
(4) Nothing in this section shall be deemed to affect the powers of the Registrar to make an entry in the register of charges under section 83 or otherwise than on receipt of an intimation from the company.
Introduction
The Registrar may allow intimation within three hundred days on additional fees, on application by the company or the charge-holder. If the intimation is in the specified form signed by the charge-holder, no show-cause notice is needed.
Key takeaways
Thirty days
Intimate full payment or satisfaction within thirty days in the prescribed form.
Up to 300 days
On application by the company or charge-holder, the Registrar may allow intimation within three hundred days on additional fees.
Show cause
The Registrar gives the charge-holder up to fourteen days to show cause, unless the intimation is signed by the charge-holder in the specified form.
Intimate satisfaction
Within thirty days of payment or satisfaction in full of a charge registered under Chapter VI, intimate the Registrar in the prescribed form (section 82(1)). Rule 8 of the Companies (Registration of Charges) Rules, 2014, as originally notified, prescribes Form No. CHG-4; check the current form and fee.
Under the proviso, the Registrar may, on an application by the company or the charge-holder, allow the intimation within three hundred days of payment or satisfaction on additional fees.
Registrar’s procedure
On receiving the intimation, the Registrar sends a notice asking the charge-holder to show cause, within a time not exceeding fourteen days, why satisfaction should not be recorded. If no cause is shown, the Registrar orders a memorandum of satisfaction to be entered in the register of charges kept under section 81 and informs the company (sub-section (2)). No notice is needed where the intimation is in the specified form and signed by the charge-holder.
If cause is shown, the Registrar records a note in the register and informs the company (sub-section (3)). Section 83 powers of the Registrar are unaffected (sub-section (4)).
Amendments and commencement
Section 82 came into force on 1 April 2014 under S.O. 902(E). Section 20 of the Companies (Amendment) Act, 2017 omitted the words applying section 77(1) to satisfaction intimations and inserted the three-hundred-day proviso, effective 5 July 2018 under S.O. 3299(E).
Practical preparation
Obtain the lender’s no-dues or release letter; prepare the prescribed form signed by the company and, preferably, the charge-holder; file within thirty days; if late, apply within three hundred days with additional fees; check the register of charges for the memorandum of satisfaction.
Practical checklist
Do
- Have the charge-holder sign the intimation to avoid the show-cause step.
- File promptly after closure of the loan.
Avoid
- Do not leave satisfied charges open on the register; open entries can complicate later borrowing and due diligence.
- Do not miss the three-hundred-day outer limit.
Illustrative example
Hypothetical: loan closed, charge still open
A company repaid a term loan but forgot to report satisfaction for two months.
Collect
Obtain the lender’s release and its signature on the prescribed form.
Apply
File within three hundred days with additional fees under the proviso.
Confirm
Check that the memorandum of satisfaction is entered in the register of charges.
Outcome
- The register reflects that the charge is satisfied.
Glossary
- Memorandum of satisfaction
- The Registrar’s entry in the register of charges recording that a charge has been paid or satisfied.
- Register of charges
- The register kept by the Registrar under section 81.
Frequently asked questions
What is the deadline to report satisfaction of a charge?
Thirty days from payment or satisfaction in full; the Registrar may allow up to three hundred days on additional fees.
Can the lender apply for late intimation?
Yes. The proviso allows an application by the company or the charge-holder.
Need help applying this provision to your situation?
Contact BizeneedLast updated 11 October 2026