Charge Creation & Satisfaction — CHG-1 / CHG-4
Register loans secured on company assets, and close them on repayment
- 1RegisterCharge filed within 30 days.
- 2MaintainModifications recorded.
- 3SatisfyCHG-4 filed on repayment.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About Charge Creation & Satisfaction — CHG-1 / CHG-4
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
When a company secures a loan on its assets, the charge must be registered with the Registrar in Form CHG-1 (or CHG-9 for debentures) within 30 days of creation, extendable by the Registrar with additional fees. Modifications use the same form. When the loan is repaid, Form CHG-4 is filed within 30 days to record satisfaction. An unregistered charge isn't valid against a liquidator or other creditors.
Banks usually file the charge with the company, but the obligation is the company's. Delays cost additional fees, and a charge that is never registered can leave the lender unsecured in insolvency — which lenders guard against by refusing to disburse until it is filed.
When a loan closes, companies often forget CHG-4, leaving old charges on their MCA record that show up in due diligence and slow down new borrowing. We reconcile the charge register with the MCA index and clear stale entries.
| Creation/modification | CHG-1 (CHG-9 for debentures) within 30 days |
|---|---|
| Satisfaction | CHG-4 within 30 days of repayment |
| Law | Sections 77–87, Companies Act 2013 |
| Unregistered charge | Not valid against liquidator and creditors |
Who this is for
Common scenarios where this service is a good fit.
- Companies taking secured loans or working capital limits
- Companies that have repaid loans but still show open charges
- Companies preparing for due diligence
What you get
Clear deliverables so you know exactly what's included.
- CHG-1 / CHG-9 filing with the lender
- Modification filings
- CHG-4 on repayment
- Charge register reconciliation
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Charge filed within 30 days.
Modifications recorded.
CHG-4 filed on repayment.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
