The MCA has notified the much-awaited amendments through the Companies (Registration of Charges) Amendment Rules, 2018, which shall come into force from the date of their publication in the Official Gazette i.e 05-07-2018.
A Company or charge holder shall within a period of 300 days, instead of 30 days, from the date of payment or satisfaction in full or any charge registered, give intimation of the same to the Registrar in Form No. CHG-4 along with the prescribed Fee. Further, if the form is filed beyond 300 days, the Registrar shall not register the same unless the delay is condoned by the Central Government.
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