Creation, Modification & Satisfaction of Charge (CHG-1 & CHG-4)
Register bank loan mortgages (CHG-1) or record complete loan repayment and charge satisfaction (CHG-4).
Statutory Overview & Regulatory Scope
Regulatory framework, governing bodies, and institutional compliance standards.
When a company borrows funds from banks or NBFCs against security or mortgages, it must register the charge with the ROC in Form CHG-1 within 30 days under Section 77. Once the loan is fully repaid, filing Form CHG-4 (Satisfaction of Charge) under Section 82 is legally required to clear company assets on the public master database.
4-Step Statutory Execution Roadmap
How Taxorion executes your filing from document intake to final regulatory approval.
Bank Document Ingestion
Reviewing loan sanction letter, deed of hypothecation, or bank No Due Certificate (NDC).
Form CHG-1 / CHG-4 Drafting
Drafting e-form with exact charge details, property description, and bank DSC signature.
CS Certification & MCA V3 Lodgement
Practicing CS digital signature and submission with payment of government fees.
Scope of Deliverables & Inclusions
Complete statutory package included with our certified professional engagement.
Certificate of Registration / Satisfaction of Charge
Official ROC certificate (Form CHG-2 / CHG-5) confirming the charge status.
Sanction Letter & Hypothecation Instrument Lodgement
Compliant secretarial filing of loan agreement and hypothecation deed.
Updated MCA Public Index of Charges
Clean MCA charge register for future borrowing and investor due diligence.
Mandatory Document Checklist
Checklist required for seamless digital verification and statutory lodgement.
1Bank & Loan Documents
- Sanction Letter and Loan Agreement (for CHG-1 Creation)
- Deed of Hypothecation / Mortgage Deed
- No Due Certificate (NDC) / Bank Satisfaction Letter (for CHG-4)
- Class-3 DSC of Director and Bank Authorized Officer
Statutory & Compliance FAQs
Critical legal insights and practical answers regarding Creation, Modification & Satisfaction of Charge (CHG-1 & CHG-4).
Failing to register a charge invalidates the bank's security against liquidators and creditors, and requires a complex Condonation of Delay petition before the Regional Director (RD).
Consult Practice Lead
Connect directly with our dedicated Company Secretaries, Chartered Accountants, and Advocates for Creation, Modification & Satisfaction of Charge (CHG-1 & CHG-4).
MCA Corporate & Secretarial Hub
Division ViewExplore all statutory services, regulatory timelines, and document checklists in the MCA Corporate & Secretarial division.
Institutional Trust Standards
Pre-submission scrutiny guarantees error-free filings on MCA & GSTN.
Statutory fees, government duties, and professional charges disclosed upfront.
Single point of contact for routine queries, notices, and compliance filing.
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