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REGISTRATION OF CHARGES COMPANIES ACT, 2013
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REGISTRATION OF CHARGES COMPANIES ACT, 2013

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  • 1. REGISTRATION OF CHARGES
  • 2. SEC 77 Duty to register charges etc. A company creating a charge, shall, register the particulars of the said charge with the ROC within 30 days of its creation. This charge could be: a. on its property or assets or b. any of its undertakings c. whether tangible or otherwise •Situated in or outside India •Signed by both the Company and the charge-holder •Together with the instruments creating the charge
  • 3. Form CHG-1 & Form CHG-9 • Creating or modifying the charge shall be filled in Form No.CHG-1 (for other than Debentures) or Form No.CHG-9 (for debentures including rectification) with the registrar.
  • 4. Condonation of delay by Registrar The Registrar may, allow the registration of the charges after thirty days but within a period of three hundred days of the date of such creation of charge or modification of charge.
  • 5. Certificate of registration • Where a charge is registered with the Registrar under sub-section (1) of section 77 or section 78, he shall issue a certificate of registration of such charge in Form No.CHG-2 • Where the particulars of modification of charge is registered under section 79, the Registrar shall issue a certificate of modification of charge in Form No. CHG-3
  • 6. SATISFACTION OF CHARGES • A company shall within a period of thirty days from the date of the payment or satisfaction in full of any charge registered under Chapter VI, give intimation of the same to the Registrar in Form No.CHG-4. • Registrar shall issue shall issue a certificate of registration of satisfaction of charge in Form No.CHG-5.
  • 7. Intimation of appointment of Receiver or Manager The notice of appointment or cessation of a receiver of, or of a person to manage, the property, subject to charge, of a company shall be filed with the Registrar in Form No. CHG.6
  • 8. REGISTER OF CHARGES Every company shall keep at its registered office a register of charges in Form No. CHG.7
  • 9. Condonation of delay by CG • Where the instrument creating or modifying a charge is not filed within a period of three hundred days from the date of its creation the Registrar shall not register the same unless the delay is condoned by the Central Government • The application for condonation of delay shall be filed with the Central Government in Form No.CHG-8 • The order passed by the Central Government shall be required to be filed with the Registrar in Form No.INC.28
  • 10. THANKSFor Further Details Contact :01143558440, 9971504105proglobalcorp@gmail.com