Under Section 25(1) of the SARFAESI Act, an ARC or secured creditor must intimate the Central Registrar of the payment or satisfaction in full of any security interest within what period?

Section 25(1) mandates that the ARC or secured creditors, as the case may be, shall give intimation to the Central Registrar of the payment or satisfaction in full of any security interest requiring registration under Chapter IV, within 30 days from the date of such payment or satisfaction. This obligation to report satisfaction is critical for maintaining an accurate and current Central Register, which acts as a public database of security interests. If the ARC or secured creditor fails to report timely satisfaction, Section 25(2) provides a mechanism for the borrower to give intimation directly to the Central Registrar, with a show-cause notice (not exceeding 14 days) being issued to the ARC/creditor before recording satisfaction.