The Ministry of Corporate Affairs on 29th August 2022, published the Companies (Registration of Charges) second amendment rules, 2022 to further amend the Companies (Registration of Charges) rules, 2014.
Through this amendment, a new rule 13 has been notified which deals with signing of charge e-forms by insolvency resolution professional or resolution professional or liquidator for companies under resolution or liquidation.
The Form No. CHG-1, CHG-4, CHG-8 and CHG-9 shall be signed by Insolvency resolution professional or resolution professional or resolution professional or liquidator for companies under resolution or liquidation as the case may be and filed with the registrar.
Further, the above said forms has been substituted.
Form CHG-1 which is an application for registration of creation, modification of charge including particulars of modification of charge by assets Reconstruction Company in terms of securitization and reconstruction of financial assets and enforcement of securities interest act 2002.
Form CHG-4 deals with particulars for satisfaction of charge and Form CHG-6 deals with notice of appointment or cessation of receiver or manager. Form CHG-9 deals with application for registration of creation or modification of charge for debentures or rectification of particulars filled in respect of creation or modification of charge for debentures.
