CHG-1 (creation or modification of a charge)
The particulars a company files with the Registrar after it creates or modifies a charge on its property or assets, for charges other than those securing debentures.
Creation or modification of a charge
Counted from creation or modification of a charge on the company's property or assets
- MCA
- MCA event filings
- CHG-1
- 2026-09-01
CHG-1 is due within 30 days of the creation or modification of the charge. For a charge created on or after the commencement of the Companies (Amendment) Act, 2019 the Registrar may allow filing up to 60 days on additional fee, and then a further 60 days on ad valorem fee. Treat 30 days as the deadline: the longer windows cost money and depend on the Registrar allowing an application.
Deadlines counted from an event
Within 30 days of the creation or modification, under section 77(1) and rule 3(1) of the Charges Rules. The first proviso to section 77(1) lets the Registrar allow up to 60 days on additional fee for a charge created on or after the commencement of the Companies (Amendment) Act, 2019, and the second proviso a further 60 days on ad valorem fee.
The rule
Within 30 days of the creation or modification, under section 77(1) and rule 3(1) of the Charges Rules. The first proviso to section 77(1) lets the Registrar allow up to 60 days on additional fee for a charge created on or after the commencement of the Companies (Amendment) Act, 2019, and the second proviso a further 60 days on ad valorem fee.
Who must comply
- Every company that creates or modifies a charge on its property or assets, whether tangible or otherwise and whether situated in or outside India
- The charge-holder, who may file the particulars himself under rule 3(3) if the company does not, and then recover the fees from the company
- Rule 3(5) takes out a charge a banking company creates or modifies in favour of the Reserve Bank of India for a loan or advance under section 17(4)(d) of the Reserve Bank of India Act, 1934
- Section 77(1) also carries a power to prescribe charges outside the section in consultation with the Reserve Bank of India
Statutory basis
Before you file
- Execute the instrument that creates or modifies the charge.
- Get the instrument signed by the company and by the charge-holder.
- Get the verification certificate that rule 3(4) requires for the copy of the instrument.
- Confirm the date of creation or modification. This date starts the 30-day window.
How to file
- Log in to the MCA21 V3 portal as a business user.
- Open Form CHG-1.
- Enter the particulars of the charge and of the charge-holder.
- Enter the date of creation or modification.
- Attach the verified copy of the instrument creating or modifying the charge.
- Sign the form with the digital signatures of the company and the charge-holder.
- Pay the filing fee.
- Submit the form within 30 days of the event.
- Collect the certificate of registration of charge that the Registrar issues under section 77(2).
If you miss it
Section 86(1) sets one penalty for any default in Chapter VI, so a late CHG filing costs the same whichever form it was: ₹5 lakh on the company and ₹50,000 on every officer in default. It is a flat amount rather than a daily one, so it does not grow with the delay, but it also does not shrink for a filing that is one day late.
- Section 77(3) keeps an unregistered charge out of the liquidator's and any other creditor's reckoning, so the charge-holder's security fails at the moment it matters most
- Section 86(2) sends a person who wilfully files false or incorrect charge particulars, or suppresses material information, to section 447 fraud proceedings
Common questions
Can the 30 days be extended?
Yes, on payment. For a charge created on or after the commencement of the Companies (Amendment) Act, 2019 the Registrar may allow registration within 60 days on additional fee, and may then allow a further 60 days on ad valorem fee. Both need an application, so neither is a deadline you can plan around.
What happens if the charge is never registered?
Section 77(3) says a liquidator and any other creditor cannot take an unregistered charge into account. The security is worth nothing in the insolvency where it was supposed to matter.
Who signs CHG-1 for a company in insolvency?
Rule 13 of the Charges Rules lets the interim resolution professional, the resolution professional or the liquidator sign the charge e-forms for a company under resolution or liquidation.