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Company Registration · Chhatarpur · MP

Charge Modification in Chhatarpur

CA/CS-managed modification of your company's registered charge — filed with the ROC in Form CHG-1 (or CHG-9 for debentures) within the 30-day window under Section 79. We prepare, verify and file end to end, at a fixed fee quoted upfront with zero hidden charges.

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Charge Modification in Chhatarpur

Registrar (RoC)

RoC Gwalior — Company House, City Centre, Gwalior – 474011

Jurisdictional HC

Madhya Pradesh High Court

GSTIN prefix

23 (Madhya Pradesh)

Professional Tax

Madhya Pradesh levies Professional Tax (max ₹2,500/year).

Business hubs

Agri Mandi, Diamond Belt (Panna-link), Khajuraho Tourism

Chhatarpur is a Bundelkhand district near Khajuraho with agri-trade and diamond-belt proximity.

Also in: Sagar Gwalior
A charge modification is filed whenever the terms of an already-registered charge change — a change in the amount secured, the interest rate, the repayment terms, or the property charged. Under Section 79 of the Companies Act, 2013, the company must file the modification with the Registrar of Companies (ROC) in Form CHG-1 (or Form CHG-9 for debentures) within 30 days of the date of modification. On registration, the ROC issues a fresh certificate of modification (Form CHG-2).
30 days
Filing windowA charge modification must be filed with the ROC within 30 days of the date the charge was modified. Later filing needs a condonation of delay.
Understand It

What Is Charge Modification?

A quick, plain-language explanation before the details.

In simple terms

Charge modification is the ROC filing you make when the terms of a charge you already registered — such as the loan amount, interest rate, repayment terms or the property charged — are changed.

Legally

Under Section 79 of the Companies Act, 2013, the provisions on registration of a charge apply equally to a modification in the terms, conditions or extent of a charge already registered. The company must register the modification with the Registrar within the prescribed period.

Governing authority

Administered by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA), through the MCA portal using Form CHG-1 (or CHG-9 for debentures).

Validity

Once registered, the modification is recorded against the company and the ROC issues a certificate of modification of charge (Form CHG-2). The charge continues on its modified terms until it is satisfied and CHG-4 is filed.

Service Intelligence

Quick Facts

Professional Fee
Custom quote
Governing Law
Companies Act 2013
Key Section
Section 79
Filing Form
CHG-1 / CHG-9
Filing Window
Within 30 days
Authority
MCA / ROC
Mode
100% Online
Certificate
Form CHG-2
Before You Start

Is This Service Right for You?

Ideal for

  • Companies whose loan amount or sanctioned limit has changed
  • Businesses that have renegotiated the interest rate on a secured facility
  • Companies restructuring the repayment terms of an existing charge
  • Borrowers where the charged property or security has been altered
  • Companies whose lender has assigned or transferred the charge
  • Entities correcting the terms of a previously registered charge

You may need this if

  • The secured amount under an existing charge has increased or decreased
  • The interest rate or repayment schedule on the facility has changed
  • The property or asset offered as security has been modified
  • The charge holder (lender) has changed or the charge has been assigned
  • The nature or extent of the original charge has been varied
  • Your bank / lender has asked you to update the registered charge with the ROC

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Why It Matters

Why File a Charge Modification?

Registering a change to an existing charge on time keeps your MCA records accurate and protects the lender’s priority. Here is why it matters.

  1. 01

    Statutory Requirement

    Section 79 of the Companies Act, 2013 requires any modification in the terms of a registered charge to be filed with the ROC within 30 days of the change.

  2. 02

    Avoid Delay & Condonation

    Filing within the 30-day window avoids additional fees and the need to apply to the Central Government for condonation of delay under Section 87.

  3. 03

    Lender Requirement

    Banks and NBFCs usually insist that any change to the loan amount, rate or security is reflected as a registered charge modification with the ROC.

  4. 04

    Protect Charge Priority

    An accurately registered charge preserves the lender’s priority and the enforceability of its security interest against the company.

  5. 05

    Accurate MCA Records

    The register of charges and MCA master data must reflect the correct amount, rate and security — otherwise later financing and due diligence get flagged.

  6. 06

    Smooth Due Diligence

    Investors, auditors and future lenders review the register of charges — a clean, up-to-date record avoids questions during funding or audit.

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Simple, Transparent Pricing

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Eligibility

Who Can Apply?

Private & Public Limited Companies
One Person Companies (OPCs)
Companies with bank / NBFC loans
Companies that have issued debentures
Foreign companies registered in India
Borrowers whose charge has been assigned

Eligibility checklist

  • An existing charge already registered with the ROC (CHG-1 / CHG-9 filed earlier)
  • A genuine modification — change in amount, rate, terms, extent or property charged
  • The instrument or supplemental deed evidencing the modification
  • Filing within 30 days of the date of modification (later filing needs additional fee / condonation)
  • A Digital Signature Certificate (DSC) of an authorised director / signatory
  • Certification of the form by a practising CA / CS / Cost Accountant
End-to-End

Everything You Need. One Professional Team.

01

Consultation

Understand what changed in the charge and confirm CHG-1 or CHG-9 is the correct route.

02

Charge Verification

Check the existing charge ID and details against MCA master data before filing.

03

Document Review

Review the modification instrument / supplemental deed and board resolution.

04

Form Preparation

Prepare Form CHG-1 (or CHG-9) with the modified amount, rate, terms and property.

05

Professional Certification

Get the form certified by a practising professional where required.

06

ROC Filing

File on the MCA portal with the DSC of the authorised signatory within the window.

07

Follow-up

Track the SRN and respond to any ROC query or resubmission on your behalf.

08

Certificate Delivery

Hand over the certificate of modification of charge (Form CHG-2).

No Ambiguity

What You’ll Receive

Prepared & filed Form CHG-1 / CHG-9
Certificate of Modification of Charge (Form CHG-2)
Updated register of charges entry
SRN acknowledgement of filing
Professional certification of the form
Board resolution drafting support
Updated MCA charge master data
Compliance note on next steps
Checklist

What Documents Are Required for Charge Modification?

Requirements are grouped by the charge instrument, company documents and the signatory. Keep clear scans (PDF) ready — everything is collected securely online.

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Charge & Modification

Evidence of the change
4 documents
  • Existing charge details / charge ID (as registered with the ROC)
  • Instrument or supplemental deed evidencing the modification
  • Sanction / amendment letter from the bank or lender
  • Details of the modified amount, interest rate and terms

File within 30 days

The modification must be filed in Form CHG-1 / CHG-9 within 30 days of the date of modification. Filing after 30 days attracts additional fees, and beyond the permitted period requires condonation of delay under Section 87.

DSC & certification

The form must be signed with the Digital Signature Certificate of an authorised director / signatory and certified by a practising CA, CS or Cost Accountant.

CHG-1 vs CHG-9

Use Form CHG-1 for a charge other than debentures, and Form CHG-9 for a charge created or modified in respect of debentures or a series of debentures.

Keep the instrument ready

The supplemental deed or amendment instrument evidencing the modification should be executed and available — details from it are entered in the form and attached.

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Step by Step

How to File a Charge Modification (Step by Step)

The entire filing happens online through the MCA portal.

01

Consultation & scope

Confirm what changed in the charge — amount, rate, terms, extent or property — and whether CHG-1 or CHG-9 applies.

02

Board resolution & documents

Pass a board resolution authorising the modification and collect the instrument, lender letter and existing charge details.

03

Prepare CHG-1 / CHG-9

Draft the form with the modified particulars and attach the modification instrument. Get it professionally certified.

04

File with the ROC

File on the MCA portal with the DSC of the authorised signatory within 30 days of the modification, paying the applicable fee.

05

Track the SRN

Track the Service Request Number and respond to any ROC query or resubmission promptly.

06

Certificate of modification

On registration, the ROC issues the certificate of modification (Form CHG-2), which we hand over to you.

How Long It Takes

How Long Does Charge Modification Take?

StageExpected Time
Document collection & form preparation1–3 working days
Professional certification & ROC filing1–2 working days
ROC processing & certificate (CHG-2)Subject to MCA processing

The statutory requirement is to file within 30 days of the date of modification. Turnaround depends on how quickly the modification instrument and board resolution are ready. Filing beyond 30 days attracts additional fees; beyond the permitted period a condonation of delay under Section 87 is required.

Compliance Calendar

Key Dates — At a Glance

FrequencyWhat Is Due
On ModificationFile CHG-1 / CHG-9 within 30 days · Obtain the certificate of modification (CHG-2) · Update the register of charges (Form CHG-7)
On CreationFile CHG-1 / CHG-9 within 30 days of creating a charge · Maintain the instrument of charge · Record it in the register of charges
On SatisfactionFile CHG-4 within 30 days of full repayment · Obtain the certificate of satisfaction of charge · Update the register of charges accordingly
OngoingKeep the register of charges (CHG-7) at the registered office · Reflect charges in the financial statements · Verify MCA charge master data periodically

Dates are indicative and may change with government notifications. Our team tracks every deadline so you never miss a filing.

Why Outsource

Doing It Yourself vs TaxClue

Doing It Yourself

  • Identify whether CHG-1 or CHG-9 applies to your charge
  • Locate the existing charge ID in MCA master data
  • Draft the board resolution correctly
  • Enter the modified amount, rate and terms accurately
  • Get the form professionally certified
  • File before the 30-day window closes
  • Handle ROC queries and possible condonation of delay

With TaxClue

  • Expert confirms the correct form and route
  • Existing charge details verified against MCA data
  • Board resolution drafted for you
  • Modified particulars entered and reviewed before filing
  • Professional certification arranged
  • Filed within the 30-day window with your DSC
  • ROC queries and condonation (if needed) handled by our team

Skip the guesswork.

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Avoid Delays

Common Mistakes That Delay Your Application

Missing the 30-day filing window and triggering additional fees
Using CHG-1 for a debenture charge instead of CHG-9 (or vice-versa)
Filing against the wrong existing charge ID
Modified amount, rate or terms not matching the instrument
No board resolution authorising the modification
Form not certified by a practising professional
Ignoring the modification and leaving a stale entry in the register of charges

TaxClue reviews your documents before filing to reduce avoidable errors.

Stay Compliant

What Compliance Applies Around the Charge?

On Modification

  • File CHG-1 / CHG-9 within 30 days
  • Obtain the certificate of modification (CHG-2)
  • Update the register of charges (Form CHG-7)

On Creation

  • File CHG-1 / CHG-9 within 30 days of creating a charge
  • Maintain the instrument of charge
  • Record it in the register of charges

On Satisfaction

  • File CHG-4 within 30 days of full repayment
  • Obtain the certificate of satisfaction of charge
  • Update the register of charges accordingly

Ongoing

  • Keep the register of charges (CHG-7) at the registered office
  • Reflect charges in the financial statements
  • Verify MCA charge master data periodically
Risk Assessment

Penalties & Consequences

What is at stake if you do not comply

  • CHG-1 / CHG-9 not filed within 30 days → additional fees, then condonation under Section 87
  • Using CHG-1 for a debenture charge instead of CHG-9 (or vice-versa) → rejection
  • Modified amount, rate or terms not matching the instrument → ROC query
  • A stale, unmodified charge on the register blocks fresh borrowing and due diligence
Latest Updates

Regulatory Updates 2025–26

  • 2025: Charge creation or modification is filed in Form CHG-1 and satisfaction in Form CHG-4, each within 30 days (extendable with additional fees).
  • 2025: All alteration, charge and registered-office forms are now filed on the MCA V3 portal; the legacy V2 portal has been retired.
The Difference

Why Businesses Choose TaxClue

01

CA / CS Team

Qualified Chartered Accountants and Company Secretaries handle and certify your filing.

02

End-to-End

From the board resolution to the CHG-2 certificate — fully managed, minimal effort from you.

03

On-Time Filing

We work to the 30-day window so you avoid additional fees and condonation.

04

100% Online

Everything over WhatsApp / email — no office visits required.

05

Transparent Fees

A fixed fee quoted upfront — ₹0 hidden professional charges.

06

Post-Service Support

Guidance on register of charges, satisfaction (CHG-4) and next steps.

Data Care

Your Documents Deserve Professional Care

  • Documents handled by professionals under confidentiality
  • Access limited to the team working on your file
  • Communication over secure digital channels
  • Documents retained only as long as needed for compliance
Talk to a Specialist

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Answers

Frequently Asked Questions

What is charge modification under the Companies Act, 2013?
Charge modification is the process of registering a change to a charge already recorded with the ROC — for example a change in the amount secured, the interest rate, the repayment terms, or the property charged. Under Section 79, the provisions for registering a charge apply equally to any modification of its terms.
Which form is used for charge modification?
Form CHG-1 is used for modifying a charge other than one relating to debentures. Form CHG-9 is used where the charge is created or modified in respect of debentures or a series of debentures. Both are filed with the ROC on the MCA portal.
What is the time limit to file a charge modification?
The modification must be filed with the ROC within 30 days of the date of modification. Filing after 30 days attracts additional fees, and filing beyond the permitted period requires an application for condonation of delay under Section 87 to the Central Government.
What kind of changes count as a charge modification?
A change in the amount secured, the rate of interest, the terms and conditions of repayment, the extent or operation of the charge, or the property/asset charged all count as modifications. An assignment or transfer of the charge to a new holder is also filed as a modification.
What happens after the modification is registered?
On registering the modification, the ROC issues a certificate of modification of charge in Form CHG-2. The company must also update its own register of charges (Form CHG-7) kept at the registered office.
What is the difference between charge modification and charge satisfaction?
Modification records a change to the terms of a charge that continues to exist, filed in CHG-1 / CHG-9. Satisfaction records that the charge has been fully repaid and discharged, filed in Form CHG-4 within 30 days, after which the ROC issues a certificate of satisfaction.
Is a board resolution required for charge modification?
Yes. A board resolution authorising the modification of the charge and empowering a director / authorised signatory to file the form is generally required, and the modification instrument or supplemental deed should be executed and attached.
Does the form need professional certification?
Yes. Form CHG-1 / CHG-9 is signed with the Digital Signature Certificate of an authorised director or signatory and certified by a practising Chartered Accountant, Company Secretary or Cost Accountant before it is filed with the ROC.
What if the 30-day window is missed?
If the filing is delayed beyond 30 days, additional fees apply. If it goes beyond the further permitted period, the company must apply to the Central Government for condonation of delay under Section 87. Filing on time is far simpler, which is why we work to the deadline.
Can charge modification be done online?
Yes. The entire process is online through the MCA portal — the form is prepared, certified with a DSC and filed electronically. TaxClue collects documents over WhatsApp / email and files on your behalf, with no office visit required.
How do I modify a registered charge step by step?
Confirm what changed and whether CHG-1 or CHG-9 applies, pass a board resolution authorising the modification, prepare the form with the modified particulars and attach the supplemental deed, get it certified by a practising professional, and file it with the ROC using a DSC within 30 days of the modification. The ROC then issues the certificate of modification (CHG-2).
What documents are required for charge modification?
You need the existing charge ID / details as registered, the instrument or supplemental deed evidencing the modification, the bank's sanction or amendment letter, the modified amount, rate and terms, a board resolution authorising the filing, the DSC of an authorised signatory, and certification by a practising CA, CS or Cost Accountant.
How much does it cost to file a charge modification?
The cost combines a professional fee (quoted upfront) with the MCA filing fee, which depends on the company and the charge, plus any additional fee if the filing is delayed beyond 30 days. Filing on time avoids additional fees and the cost of a condonation application.
How do I modify the amount or interest rate of an existing charge?
A change in the amount secured, the interest rate or the repayment terms is a modification under Section 79. Execute the supplemental deed recording the change, pass a board resolution, and file Form CHG-1 (or CHG-9 for debentures) with the modified particulars within 30 days of the modification.
What is the difference between charge creation and charge modification?
Charge creation is the first-time registration of a new charge with the ROC in Form CHG-1 / CHG-9 within 30 days of creating it. Charge modification registers a change to the terms of a charge already on record — amount, rate, terms, extent or property — using the same forms and the same 30-day window.
Do I still need to file CHG-4 after a charge modification?
CHG-4 is filed for satisfaction — when the loan is fully repaid and the charge is discharged — within 30 days of satisfaction. A modification (CHG-1 / CHG-9) is separate: it keeps the charge alive on modified terms. You file CHG-4 only later, when the charge is finally satisfied.
Verify Everything

Official Sources & Legal References

Every regulatory detail on this page is drawn from primary law and official government sources. Verify them directly:

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