Register

Charge against Property

Availed loan from a bank against property? Registration of charge is mandatory if you are a private limited or limited company. Register the Charge at Prices starting at INR 4999/- only.

Men in blue court and white shirt
Start With Confidence

CA/CS Assisted | 4.8/5 Rating

What is Charge Registration?

All you need to know about the registration of the Charge

Almost all the large and small companies depend upon share capital and borrowed capital for getting money for their projects. Borrowed capital may be by way of funds raised by issuing debentures, which may be secured or unsecured, or by getting money from financial institutions or banks. A charge means an interest or right which a lender or creditor obtains in the property of the company by way of security that the company will pay back the debt. 

What are the charges that need to be registered with RoC? 

  • Immovable property: A charge on any immovable property, wherever situated, or any interest therein also needs to be registered. For example Land, buildings, plants and equipments etc. are immovable property and charge should be created on these properties.
  • Movable property: A charge, on any movable property of the company must be registered with RoC. However, it should not be a pledge. For example car, gold, shares, goods etc. charge should be created on such movable assets.
  • Intangible assets: A charge on intangible assets such as goodwill, patents, a license under a patent, trademark, copyright or a license under a copyright, mining rights, franchise etc. needs to be created.

A charge must be registered with the Registrar within 30 days of its creation However, the Registrar may allow the registration of Charge within 300 days on payment of additional fees. If the ROC is satisfied with the application, then a certificate of registration of charge would be issued by the ROC. The charge created on the assets of the company can be viewed online on the MCA website.

 

EbizFiling.com is an eminent business platform and a progressive concept, which helps end-to-end incorporation, Secretarial compliance, Startup advisory, and management consultancy services to clients in India and abroad. You may get in touch with our compliance manager on 09643203209 or email info@ebizfiling.com.

Simple Prices No Surprises

Choose Your Package

ESSENTIAL

4999/-

(All Inclusive)

  • Preparation of documents for Charge creation
  • Filing of form CHG 1 for charge creation with MCA

Documents required for registration of charge

Quick Check list

 

  • Sanction letter from the bank of financial institution
  • Digital Signature of one director

Specific requirements

 

After filling in all the details, you need to get the form digitally signed from Directors and thereafter attach DSC of the Charge Holder as declaration and send the same to CA/CS for verification.

How to register a Charge?

 

5 Easy Steps

1

Fill in simple checklist

2

Verification of documents

3

Get Director DSC

4

Apply for registration

5

Get the Certificate of registration

Fill in the simple checklist

A Compliance Manager will get in touch with you to obtain your documents along with a simple checklist. You need to fill up that checklist and submit along with your documents for processing. Our expert team will verify documents and proceed with registration formalities.

Submission of the Form

Once you submit your documents along with Checklist, we will proceed with the application of the registration of charge after attaching the DSC & proceed with verification. Throughout the process, your Compliance Manager will keep you updated on the progress of Company Registration.

Certificate of Registration of Charge

At the final stage, we will file the Form CHG1 with the ROC. The registrar will check and verify the form and the documents. Once the registrar is satisfied, he will grant the certificate of registration of Charge. In case of any changes or modification of charge the same process is to be followed.

FAQs_Ebizfiling

FAQS on Charge registration

Get answers to all your queries

  • I have a private limited company, which has taken a secured loan against property from a bank. Within how many days we should register charge?

    The charge should be registered within 30 days of its creation.

  • What happens if charge is not registered?

    If charge is not registered within 30 days, then it will not be legally binding to the liquidator and creditor of the company. Such creditor would be treated as ordinary creditor and not the secured creditor.

  • What are the types of charges?

    1. Fixed Charge
    2. Floating Charge
  • What is Fixed Charge?

    A fixed charge is created on fixed assets like property which includes land, buildings, or anything that does not change and is specific.

  • What is Floating Charge?

    A floating charge is created on assets which are involved in the ordinary course of business that is dynamic in nature. As these assets are not fixed in nature, they are known as floating charges.

  • Which cities do you provide your services?

    Ebizfiling.com provides Charge registration services all across India. You can obtain Charge Registration in Ahmedabad, Mumbai, Pune, Banglore, Chennai, Delhi, Kolkata, Kanpur, Nagpur, Jaipur or any other cities easily with us.

  • Still have Confusion?

    Don’t worry!! Our expert will help you to choose a best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at info@ebizfiling.com or call us @+91 9643 203 209.

Hi, Welcome to EbizFiling!

Hello there!!! Let us know if you have any Questions.

Thank you for your message.

whatsapp Call Now Button