CreditWiseConfident Decisions

Supplemental Agreement

Used for enhancement in working capital limits for consortium lending while maintaining existing security charges.

Agreement Wizard

Step 1 of 2
1
Basic Data
2
Lender Limits
Company & Primary Context

NeSL & CERSAI Registry 2026

Under the revised 2026 RBI credit monitoring guidelines, enhancements of consortium limits require immediate filing of charge modification on CERSAI and update of security interest records in the NeSL Information Utility (IU) database within 30 days to retain priority of charge.

ROC Stamp & CHG-1 Filings

Any increase in the borrowing limits demands filing of Form CHG-1 (Modification of Charge) with the Registrar of Companies (ROC). Supplemental agreements must be executed on stamp paper of appropriate value matching the enhancement scale as per the state stamp act.

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