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Section 83 of the Companies Act 2013: Power of Registrar to Make Entries of Satisfaction and Release in Absence of Intimation from Company

SECTION-83 (Power of Registrar to Make Entries of Satisfaction and Release in Absence of Intimation from Company) under CHAPTER-VI (Registration of Charges) of the Companies Act, 2013


(1) The Registrar may, on evidence being given to his satisfaction with respect to any registered charge,—
(a) that the debt for which the charge was given has been paid or satisfied in whole or in part; or 
(b) that part of the property or undertaking charged has been released from the charge or has ceased to form part of the company’s property or undertaking,
enter in the register of charges a memorandum of satisfaction in whole or in part, or of the fact that part of the property or undertaking has been released from the charge or has ceased to form part of the company’s property or undertaking, as the case may be, notwithstanding the fact that no intimation has been received by him from the company.

(2) The Registrar shall inform the affected parties within thirty days of making the entry in the register of charges kept under sub-section (1) of section 81.





Extra Notes for Readers

(1) The Companies Act, 2013 received the assent of the President on the 29th August, 2013 (Published in the Gazette of India, Extraordinary, Part II - Section 1 by Ministry of Law and Justice, Legislative Department on 30th August, 2013) - link


(2) Section 83 of the Companies Act 2013 was notified by MCA Notification S.O. 902(E) dated 26th March 2014 (w.e.f. 1st April 2014) - link

(3) Further, refer the Companies (Registration of Charges) Rules, 2014 - link

[Note: please also check further amendments to the Companies (Registration of Charges) Rules, 2014]



This page was last updated on 12th March, 2017.

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