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Statement of Satisfaction in whole or in part of a charge

₦30,000

Officially Remove or Partially Satisfy a Company Charge with CAC

A Statement of Satisfaction in Whole or in Part is filed when a company has fully or partially satisfied its charge obligations, allowing for the removal or reduction of charges recorded with the CAC. With SplashDict, our CAC-accredited team ensures that your statement is processed efficiently.

Service Fee (All inclusive):

₦30,000

File Statement of Satisfaction in Nigeria

Here’s how SplashDict’s CAC-accredited experts assist you:

  • Documentation & Filing: We manage all required documents, resolutions, and statutory forms for CAC filing.

  • Official Document: Receive an updated CAC Status Report reflecting the satisfaction of the charge.

  • Transparent Pricing: Covers CAC fees and our service fee with no hidden charges.

  • Fast Processing: Request is completed within 2–10 working days, subject to CAC approval.

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Why File Statement of Satisfaction with CAC?

A Statement of Satisfaction in Whole or in Part confirms that a company has met its charge obligations. It can apply to a fully satisfied charge or a partial settlement, ensuring that the charge is officially recognized as cleared or reduced.

  • Release of Assets: Filing the statement removes or reduces the charge against the company’s assets, allowing for greater flexibility.

  • Protection from Future Claims: Official recognition of the satisfaction protects the company from future claims related to the charge.

  • Ensuring Transparency: Properly filed statements provide transparency for creditors and shareholders, ensuring the accurate reflection of the company’s financial status.

  • Facilitating Corporate Actions: Filing the statement enables the company to proceed with new financial actions without the burden of the existing charge.

CAC Post-Incorporation Services

Requirements for Filing Statement of Satisfaction with CAC

  • Annual Returns: Ensure all company annual returns are fully paid and up to date before submission.

  • Company Details: Provide the company’s name and CAC registration number.

  • Board Resolution: A signed resolution from directors or authorized officers approving the registration of the charge.

  • Charge Details: Include the charge creation date and description of the instrument (if any) by which the charge is created or evidenced.

  • Charge Satisfaction Details: Confirm that the charge has been fully or partially satisfied, and provide details on the outstanding amount (if applicable).

  • Property to Be Released: Indicate whether the property to be released is in whole or part and list the property being released.

  • Charge Instrument: Include a description of the charge instrument and the amount secured by the charge.

  • Person Delivering the Statement: Provide the name, address, phone number, email, and accreditation number (if applicable) of the person submitting the statement.

  • Person’s Interest in the Charge: Indicate the interest of the person delivering the statement (e.g., chargor, chargee, etc.).

  • Authorization: The application must be signed by the company’s directors, secretary, or an authorized representative.

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