Don't miss out — save 10% on your ITR, GST or TDS filing with this code
Don't miss out — save 10% on your ITR, GST or TDS filing with this code
Don't miss out — save 10% on your ITR, GST or TDS filing with this code

Modification of Charge Filing

Support for updating an existing charge when the related security or borrowing terms change.

What is this Service?

Updating a registered charge when the secured amount, the assets covered, or the terms of the security change — filed in Form CHG-1 as a modification.

Why You Need It

When charge terms change, the company's public record should continue to reflect the underlying arrangement accurately.

Key Benefits

Comparison of the original charge on record against the revised terms

Board resolution and supporting documentation

Preparation and filing of the CHG-1 modification with the amended instrument

Key Facts

Applicable to
Companies with an existing registered charge whose terms have changed
Filed in
Form CHG-1, marked as a modification
Due date
Within 30 days of the modification; up to 120 days with additional fees
Outcome
Fresh certificate of modification of charge

Documents Needed

  • Original charge registration certificate and charge ID

  • Amended or supplemental loan and security documents

  • Board resolution approving the modification

  • DSC of a director

What Is Not Included

  • Government, statutory, stamp-duty and portal charges (billed at actuals)

  • Litigation, adjudication or representation before any authority

  • Bookkeeping, statutory audit and income-tax return preparation

  • Additional filings triggered by facts discovered during the review

Ready to get company secretarial support?