workd fine for me here, but as per Whois

REGISTRY WHOIS FOR MICROCHIP.COM

Domain Name: microchip.com
Updated: 12 hours ago - Refresh

Registrar: REGISTER.COM, INC.
Whois Server: whois.register.com
Referral URL: http://www.register.com
Status: clientTransferProhibited

Expiration Date: 2013-05-23
Creation Date: 1994-05-24
Last Update Date: 2011-05-25
Maybe just a matter of time, it will work in your country within 24 hours, that's for sure.