CHG-1/9

The “CHG-1” and “CHG-9” forms are related to the filing of charges with the Registrar of Companies (ROC) in India, typically under the Companies Act. Here’s a brief description of each:

1. CHG-1 Form: This form is used for creating or modifying a charge (a lien or claim) against the company’s assets. It is filed with the ROC whenever a company takes a loan or provides security to a lender, typically within 30 days of creating or modifying the charge.
2. CHG-9 Form: This form is used for filing the satisfaction of a charge, which means that the charge against the company’s assets has been fully paid off or satisfied. The company must file this form with the ROC to indicate that the loan or security has been settled.

If you are creating a website section for documents related to “CHG-1/9,” you might include descriptions like this:

CHG-1 Form

The CHG-1 form is essential for companies to register the creation or modification of a charge against their assets with the Registrar of Companies (ROC). This form must be submitted within 30 days of the charge’s creation to avoid penalties.

CHG-9 Form

The CHG-9 form is filed to notify the Registrar of Companies (ROC) about the satisfaction of a charge, confirming that the charge has been paid off or discharged. Filing this form ensures that the company’s records are up-to-date.