Knowledgebase

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.