27 October 2026 · Updated 27 October 2026
By Avil Rakshith Salins, Practising Company Secretary
Form CHG-1: registration of a charge
In short
A company registers every charge it creates on its property, such as a bank loan secured on assets, in Form CHG-1 within 30 days, signed by the company and the charge holder. The Registrar can allow it up to 60 days with additional fees, and up to a further 60 days with ad valorem fees. Satisfaction of the charge is reported in Form CHG-4 within 30 days.
Time windows
For a charge created after the 2019 amendment (section 77(1) and its provisos, Companies Act, 2013):
| Filed | Fee |
|---|---|
| Within 30 days of creation | Normal fee |
| Within 60 days of creation, with the Registrar's permission | Additional fee |
| Within a further 60 days, with the Registrar's permission | Ad valorem fee |
After these windows, registration needs an order from the Central Government condoning the delay (section 87).
Modification and satisfaction
- A modification of the terms of a registered charge is filed in CHG-1 the same way (section 79).
- When the charge is repaid or satisfied, the company files Form CHG-4 within 30 days (section 82).
What is attached
The instrument creating or modifying the charge, such as the loan agreement, hypothecation deed or mortgage deed, signed by the company and the charge holder.
If the company does not file
The charge holder can apply to register the charge itself (section 78).
Penalty
Section 86(1), as amended from 21 December 2020: ₹5 lakh on the company and ₹50,000 on each officer in default for any default under Chapter VI on charges. Wilfully giving false information or suppressing material facts in a registration attracts section 447.
Frequently asked questions
General information on the law as on 26 October 2026, not advice on any particular matter. Check the current MCA form and instruction kit before filing.