A secured loan is not fully compliant just because loan documents are signed. If the company creates a charge on assets or undertakings, Section 77 registration controls should be checked immediately.
Section 77 states that it is the duty of every company creating a charge within or outside India on its property, assets or undertakings to register particulars of the charge with the Registrar within thirty days of creation, in the prescribed form and manner.
| Document | Why it matters |
|---|---|
| Loan / sanction letter | Identifies lender, amount and security terms. |
| Security documents | Creates charge or security interest. |
| Asset details | Supports charge particulars and coverage. |
| Board approval | Shows authority to borrow and create security. |
| CHG filing and certificate | Evidence that charge was registered. |
This article is intentionally source-limited to official MCA / India Code material. Verify final filing positions with the latest Act, Rules, MCA forms and portal advisories before publishing.
Section 77 covers duty to register charges.
Section 77 refers to registration within thirty days of creation of charge.
Yes. Section 82 and related processes should be reviewed when the debt/security is satisfied.