Form No. CHG - 01 - Application for registration of creation, modification of charge (other than those related to debentures) including particulars of modification of charge by Asset Reconstruction Company in terms of Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (SARFAESI)
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Registration procedure for creation or modification of security charges, including ARC assignments under SARFAESI, via Form CHG 1. Form CHG 1 prescribes registration procedures and required particulars for the creation or modification of charge (excluding debentures), including modifications by an ARC or assignee under SARFAESI, requiring company identification, charge instrument details, type and description of charged property, maximum amount secured, particulars of charge holders, mandatory attachments of instruments, authorised declarations addressing compliance and delay, digital signatures by company and charge parties, and certification by a practising professional to enable statutory registration of charges.
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Provisions expressly mentioned in the judgment/order text.
Registration procedure for creation or modification of security charges, including ARC assignments under SARFAESI, via Form CHG 1.
Form CHG 1 prescribes registration procedures and required particulars for the creation or modification of charge (excluding debentures), including modifications by an ARC or assignee under SARFAESI, requiring company identification, charge instrument details, type and description of charged property, maximum amount secured, particulars of charge holders, mandatory attachments of instruments, authorised declarations addressing compliance and delay, digital signatures by company and charge parties, and certification by a practising professional to enable statutory registration of charges.
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