Companies Act

Companies Registration of Charges Rules 2017-Revised Forms CHG-1 , CHG-4 & CHG-9 -MCA Notification

Companies Registration of Charges Rules 2017

Revised Forms CHG-1 CHG-4 and CHG-9 

Government of India
MINISTRY OF CORPORATE AFFAIRS

Notification

New Delhi, 7th April, 2017

G.S.R. ……(E).- ln exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Registration of Charges) Rules,2014, namely;

1. (1) These Rules may be called the the Companies (Registration of Charges) Rules, 2017.
    (2) They shall come into force from the date of their publication in the Official Gazette.

2. In the Companies (Registration of Charges) Rules,2014 (hereinafter referred to as principal rules), for Form No. CHG-1, the following Form shall be substituted:

FORM No. CHG-1
(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)

[Pursuant to sections 77,78 and 79 and pursuant to Section 384 read with 77,78 and 79 of the Companies Act, 2013 and Rule 3(1) of the Companies (Registration of Charges) Rules 2014]

3. In the principal rules, for the Form No. CHG-4, the following form shall be substituted:

FORM No. CHG-4
Particulars for satisfaction of charge thereof
[Pursuant to sect ion 82(1) of the Companies Act, 2013 and Rule 8(1) of the Companies (Registration of Charges) Rules, 2014]

4. In the principal rules, for the Form No. CHG-9, the following form shall be substituted:

FORM No. CHG-9
Application for registration of creation or modification of charge for debentures or rectification of particulars filed in respect of creation or modification of charge for debentures

 [Pursuant to sections 71(3), 77, 78 Si 79 and pursuant to Section 384 read with 71(3), 77, 78 and 79 of The Companies Act, 2013 and Rule 3 of The Companies (Registration of Charges) Rules, 2014]

[F. No. 01/10/ 20/3 CL-V]
Amardeep Singh Bhatia, Jt. Secy.

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