MCA Form Guide
CHG-1 — Creation or Modification of Charge
Quick answer: Filed to register a new charge on company assets or modify an existing registered charge. Unregistered charges are void against liquidators and creditors. Within 30 days of creation or modification. Condonable up to 60 days with additional fee; up to 120 days with a further fee under Section 77(1). ₹100/day. If not registered within 120 days, requires NCLT condonation via CHG-8.
Quick answer
Capital filings tend to follow share issuances, changes in structure, or the company’s first post-incorporation steps. They matter because cap table accuracy affects everything else downstream. Companies creating a security interest (charge) on their property or undertaking in favour of a lender, or modifying the terms of an existing registered charge. For most founders, the fastest way to stay compliant is to map the filing trigger, gather the documents once, and then submit with the correct digital sign-off.
Who must file
Companies creating a security interest (charge) on their property or undertaking in favour of a lender, or modifying the terms of an existing registered charge.
When to file
Within 30 days of creation or modification. Condonable up to 60 days with additional fee; up to 120 days with a further fee under Section 77(1).
Penalty note
₹100/day. If not registered within 120 days, requires NCLT condonation via CHG-8.
Filing portal
MCA portal at the official government filing system.
Evidence checklist
Shareholder approvals, allotment evidence, and capital structure records are usually needed before you file.
How to file
- 1
Confirm whether CHG-1 is the correct filing for the event you are handling and that it matches the capital filing trigger.
- 2
Collect the supporting records that match CHG-1: Shareholder approvals, allotment evidence, and capital structure records are usually needed before you file.
- 3
Prepare the form in the MCA portal, validate the entries against the company records, and make any final corrections before signing.
- 4
Upload the signed form, pay the applicable fee, and save the SRN and acknowledgement for audit tracking.
- 5
Store the filing evidence with your statutory records so the next cycle is faster and easier to review.
What this form is used for
Filed to register a new charge on company assets or modify an existing registered charge. Unregistered charges are void against liquidators and creditors. Capital filings tend to follow share issuances, changes in structure, or the company’s first post-incorporation steps. They matter because cap table accuracy affects everything else downstream. The purpose is usually either annual disclosure, a one-off event filing, or a statutory update tied to corporate records or regulatory reporting.
FAQ and compliance context
Who usually files CHG-1?
Companies creating a security interest (charge) on their property or undertaking in favour of a lender, or modifying the terms of an existing registered charge.
What is the deadline for CHG-1?
Within 30 days of creation or modification. Condonable up to 60 days with additional fee; up to 120 days with a further fee under Section 77(1).
What happens if CHG-1 is filed late?
₹100/day. If not registered within 120 days, requires NCLT condonation via CHG-8.
Can the filing be tracked after submission?
Yes. Keep the SRN, acknowledgement, and final uploaded PDF in your records for audit and ROC follow-up.
Is CHG-1 a one-time or recurring filing?
This is a recurring filing — it must be filed every year (or every half-year / quarter, as specified) as long as the company remains in existence and meets the applicability criteria.
Which law or rule requires CHG-1?
Section 77, Companies Act 2013; Rule 3, Companies (Registration of Charges) Rules 2014
Why this one matters
Open this guide whenever the shareholding stack changes, because fixing capital records later is slower and more expensive.
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