Running a search on the Registrar of Companies or CERSAI is easy. Turning the results into something a credit team can act on is not. A good discrepancy report compares what the registry shows with what the bank's own records say, and tells you what to do about the difference.
1. Charges that should exist but don't
Security created at sanction or enhancement that doesn't appear on the registry. These are the highest-priority findings, because they can weaken the bank's position against other creditors.
2. Charges that exist but don't match
Registered amounts, dates or asset descriptions that differ from the sanction and security documents. Small mismatches can create large problems in recovery.
3. Charges that should have been satisfied
Loans that have closed but whose charges remain on record. They cause confusion for borrowers and other lenders, and they reflect poorly on the bank's controls.
4. Charges held by others
Other lenders' charges on the same borrower or assets. These affect priority and may indicate borrowing the bank wasn't told about.
5. Identity mismatches
Differences in borrower names, identifiers or asset details between the registry and the bank's records, which can make charges hard to rely on.
From findings to action
Each finding should carry a risk rating and a recommended action, whether that's a fresh filing, a modification, a satisfaction or a conversation with the borrower. The report is only finished when those actions are tracked to closure.
Learn more about our ROC/CERSAI Search with Discrepancy Report and our Charge Filing Workflow.