Form CHG-1 is generally used for creation or modification of charge other than debentures. CHG-9 is used for debenture-related charges.

CHG-1 is normally filed within 30 days from the date of creation or modification of the charge.

Delayed filing may be possible with additional fees and applicable extension or condonation steps, depending on the period of delay.

Delay can lead to additional fees, penalty exposure, lender concerns, due diligence issues and difficulty proving secured interest.

Yes. Material changes in amount, security, lender details or terms generally require modification filing.

Common documents include sanction letter, loan agreement, hypothecation deed, mortgage deed, security agreement, board resolution and lender details.

Yes. Board approval is generally required for borrowing, creation of security and authorization to file ROC forms.

A clear executed copy of the loan or security document is generally attached with the filing.

The filing should describe whether the security covers immovable property, movable assets, stock, receivables, vehicles, machinery or floating assets.

The filing must be supported by proper charge-holder documentation and details matching the executed instrument.

We review documents, check due dates, prepare particulars, verify attachments, coordinate DSC and file the appropriate MCA form.

If documents are ready and filing is within time, preparation and filing can be quick. ROC approval depends on MCA processing and resubmission, if any.

Yes. Once approved, a certificate of registration of charge is generated and the charge appears in MCA records.

Yes. Mismatch in amount, date, lender name, security document, DSC or attachment can cause resubmission or rejection.

Yes. We review MCA remarks, correct the filing and help respond within the allowed timeline.

A fixed charge is created over a specific identifiable asset such as land, building, machinery or a vehicle.

A floating charge covers changing assets such as stock, book debts, receivables or current assets.

Hypothecation is a charge over movable assets where possession usually remains with the borrower.

Mortgage generally relates to immovable property offered as security for a debt.

It can be relevant depending on the security instrument and company asset involved. Documents should be reviewed.

Modification means change in amount, security, lender details, repayment terms or other particulars of an existing charge.

CHG-1 is generally used for modification of charge other than debentures.

Satisfaction means the secured debt has been repaid or the lender has released the security.

Form CHG-4 is used for intimation of satisfaction of charge to ROC.

It removes old open charges from MCA records and helps during fresh loans, due diligence and asset sale.

It can weaken lender protection, create compliance default, affect funding credibility and create due diligence concerns.

Yes. Banks and NBFCs often check ROC charge records before disbursement or renewal.

Yes. Auditors may ask for ROC filing proof and charge status confirmation.

Incorrect or delayed filings can create additional fee, penalty and correction requirements.

Yes. We can review open charges, delayed filings, lender release letters and plan corrective steps.

When they create security for venture debt, bank loans, equipment finance, overdraft or working capital facilities.

Usually no, unless the document creates lien, hypothecation, mortgage or another security interest.

Not merely for an unsecured director loan. If assets are offered as security, charge filing should be reviewed.

If a company creates charge over assets for a foreign lender, Companies Act and FEMA aspects should both be reviewed.

Yes. Clean charge records show secured borrowings are properly disclosed and closed where repaid.