How do I remove a charge from Companies House?

Once any security has been discharged or released, a lender ordinarily has no problem with the borrower applying to remove the charge from the register at Companies House; either by filing form MR04 (where the secured debt has been satisfied in full or in part), or form MR05 (where the charged property has been …

How do you file satisfaction of charges?

Following Procedure is to be followed

1. Convene a Meeting of Board of Directors [As per section 173 & SS-1]
2. File Application for seeking Extension of time limit.
3. File Form CHG-4 with ROC.
4. Certificate of Registration of Satisfaction of Charge by ROC.
5. Make Necessary entries in the Register of Charge.

What is a MR04 form?

Use this form to register a statement of satisfaction in full or in part of a mortgage or charge against a company.

When do you get a certificate of satisfaction?

Till now we have learned about the certificate of satisfaction, under the chapter VI of companies act 2013 on the successful payment of any company it is liable that they shall give satisfaction to the registrar of company.

How to register a statement of satisfaction in full?

Use this form to register a statement of satisfaction in full or in part of a mortgage or charge against a company. Include the optional continuation pages if needed. We are experiencing delays in processing paper forms due to the impact of coronavirus (COVID-19).

Where do you record the satisfaction of a mortgage?

Recording Satisfaction: A certificate of the discharge of a mortgage, and the proof or acknowledgment thereof, must be recorded in the office of the county recorder in which the mortgage is recorded.

How to get a certificate of satisfaction from Roc?

A memorandum will be prepared for the certificate of satisfaction and will be issued by ROC in form no CGH-5 to the applicant. So, by this procedure you can get the certificate of satisfaction which can be proved as a document that you have paid entire debt you have lended.