SECP Form 10 in Pakistan: Mortgage, Charge, Pledge, Modification and Satisfaction: Professional Guidance and Assistance
Company Security Interests Should Be Recorded Correctly in the SECP Register
Updated 20 September 2026. Current SECP Form 10 covers prescribed particulars relating to mortgages, charges and pledges, including modification and satisfaction. Financing documents and the company filing should describe the same secured transaction.
Taxocrate can review company financing and security documents and coordinate the applicable Form 10 filing or satisfaction process.
Updated 16 September 2026.
Creation of a Charge or Mortgage
Where company assets secure financing, the transaction may fall within the statutory registration regime for charges or mortgages.
Modification
A material amendment to the secured obligation, property or terms can require a modification filing under the current framework.
Satisfaction
When the secured liability is discharged, the company should review the prescribed satisfaction process so the SECP record does not continue to show an outdated encumbrance.
Bank Documentation and SECP Record
Facility letters, security documents, board authorities and SECP filings should remain consistent. See Company Bank Account Opening for related banking/KYC context.
Related Forms
Frequently Asked Questions
What is Form 10 used for?
It is the current SECP form for prescribed mortgage, charge or pledge particulars and related modification or satisfaction.
Should a repaid bank facility remain shown as an active charge?
The company should review the applicable satisfaction filing so the registry reflects the actual position.
Can a modification to security documents require an SECP filing?
Yes. A material modification can require an update under the applicable charge-registration framework.