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Department of Registrar of Companies and Intellectual Property

Knowledgebase

Tips & Notes

Details

The main criteria of review of the form HE29 are:

  • the company number must be similar to the company name;
  • description of charge, whether it is floating fixed assignment etc.;
  • the registration date of charge is similar to the submission date at the the department;
  • the agreement date is written on the charge assignment;
  • the release date is the date on which the company is released from its debts to the beneficiary of the charge;
  • The amount paid to be considered as a part, because it is partial payment, or in case of release of property no amount is completed;
  • in case of released property, part of property is completed;
  • the form must be signed under oath before the registrar by a director and the secretary of company;
  • the seal on the same, as a proof of no objection to the repayment, can be considered as a consent, along with the beneficiary’s signature.

Most common reasons for rejection of form by the examiner:

  • the form submitted is not the statutory form. The statutory forms are available on the webpage and at the offices of the Department;
  • failure to complete/submit the above details.

For further information regarding the relevant procedure, you may refer to the page Notifying settlement of a charge.

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