Send an Enquiry
Enquiry Form
Call us now
Call Us Now
9136664394
9136664395
7304244849
Buy Now
Whatsapp
Call Us Now
9136664394
9136664395
7304244849

Creation of Charge

Creation of Charge

As defined in the Companies Act, 2013, ("Act") "charge" means an interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage.

 

Every Charge created by the Company is required to be registered with the ROC within a period of 30 days of creation of such charge.

 

 

 

Charge is created as security for loan or debentures or as security for some other purpose. If the amount of loan is repaid or debentures are fully paid or other purpose is fulfilled, there remains no necessity of the charge. This is called satisfaction of charge.

 

Every Charge satisfied by the Company is required to be intimated to the  ROC within a period of 30 days of satisfaction of such charge.

Google Review Rating
4.9/5
Market Price
₹ 5000/-
Instabizfilings Price
₹ 2541 excl. GST
₹ 2998 incl. GST
Complete Date
07-02-2026

You Save INR 2000/- (50%) on the above Service.

ROC Fees/Government Fees will be charged at actuals

Late fees if any will be beared by the Client/Customer.

Offers and Discount
No Cost EMI available available over Rs 3,000
10% Discount on your first purchase
18% GST Credit available
Get Started

Scope of Work:

  • Preparation of Board Meeting documents for creation of charges;
  • Preparation of documents for attachment in e-forms;
  • Preparation of e-forms;
  • Arranging for Certification of e-forms;
  • Resubmission of e-forms, if any.

FAQs

Creation of Charge means a company gives a lender (bank or financial institution) a legal right over its assets as security for a loan. This charge must be registered with the Registrar of Companies (ROC) under Section 77 of the Companies Act, 2013. It protects the lender’s interest and makes the charge legally valid against third parties.

A company must register a charge within 30 days of creating it. This usually happens when the company takes a secured loan, mortgage, or hypothecation on assets like property, machinery, inventory, or receivables. Delay in filing may lead to penalties and additional government fees.

The company is required to file Form CHG-1 with MCA for most charges (other than debentures). For charges related to debentures, Form CHG-9 is used. These forms include details of the lender, amount secured, terms of repayment, and assets charged.

If a charge is not registered:

  • The charge becomes invalid against the liquidator and other creditors
  • The lender’s security may not be legally protected
  • The company and officers may face penalties
  • Additional fees apply for late filing
  • So timely registration is very important.

Common documents include:

  • Sanction letter from the bank/financial institution
  • Loan agreement
  • Deed of hypothecation or mortgage deed
  • Board Resolution authorizing the charge
  • Details of assets charged
  • These documents are attached with e-Form CHG-1 during filing.

Popular Searches

RBI Companies Act Director LLP Act MSME SEBI ESOP Auditor Board Meeting Shares GST Income Tax Trademark FEMA Meeting Articles One Person Company ROC Filings Annual Filings Private Limited Company MCA Amazon DIN Director Identification Number Director KYC DIR-3 KYC Digital Signature Certificate Taxation Compliance Related Party Pvt Ltd company registration online Pvt Ltd company registration MSME registration Private limited registration online Public limited company Llp-act In india Register Amazon seller Patent Infringement Copyright Partnership Firm Limited Liability Partnership Sole Proprietorship Virtual Corporate Tax LLP Agreement HSN Code Due Diligence Individuals Bookkeeping EPFO RConnect Certificate NIL Return Filing Yojana RTPS Provident Fund CIN Certifying Authority Records of Rights Card Status CA Individual GSTR Foreigner Foreign National Organization Section 80C ITR Filing Agreement Filing Form Proprietorship Company Registration Startup Shareholder Annual Return Filing Incorporation DPT-3 Annual Compliance Protection Registration TDS Return Advance Tax Secretarial Audit Assurance Company Formation Checklist Disqualification Demat IMPS Section 8 Company Annual Return PAS-6 GSTIN Input Tax Credit Scheme NGO Intellectual Property Accounting Employee Stock Passport CSR Change License Indirect Tax Legal Clearance EMI Calculators Return Filing Renewal FSSAI Amendment Company Share Authorized Capital ITR Filing Objection Union Budget Dearness Allowance Registrations Form AI Business Aadhar Dormant Law Accountant Design Management Section 80 NetBanking Letter Link Intime App Traces Tax E-Auction Loan Bank Rights UAN Net Banking ICEGATE ESIC CSC Public Service NPCI Portal Stock Market ROC Filing Digital Signature AGM Format Updates Strike-off Brand Name Stock Exchange Penalties Complaint

Related Services

shape dot

Loved by founders all over the world