Took a secured loan? The charge on your company’s assets must be registered in CHG-1 within 30 days. We file it correctly so your financing stays compliant.
When a company borrows against its assets, the charge created in favour of the lender must be registered with the ROC in Form CHG-1 within 30 days of creation. Registration protects the lender’s priority and keeps the company’s charge register accurate; delay attracts additional fees and complications.
GovYapar files CHG-1 with the charge details and instrument, and updates your register of charges — keeping both you and your lender protected.
A real Chartered Accountant handles the filing end-to-end.
Charge instrument & terms checked.
CHG-1 with charge details drafted.
Submitted within 30 days.
Register of charges updated.
Within 30 days of creating it, in Form CHG-1. Late registration is possible with additional fees/condonation but is best avoided.
Usually the company; lenders can also file if the company doesn’t. We coordinate to ensure it’s done.
It secures the lender’s priority and keeps your statutory charge register accurate — important for audits and future financing.