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Auto Distributors (Madras) Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Auto Distributors (Madras) Limited has 2 charges registered with the Registrar of Companies: 2 open charges worth Rs 3.25 Cr. The largest open charges are held by The South India Bank Ltd and The South Indian Bank Ltd. The most recent charge was created on 13 Jan 1999 in favour of The South India Bank Ltd for Rs 1.75 Cr and is open.

Charges Breakdown by Lending Institutions

  • The South India Bank Ltd : 1.75 Cr
  • The South Indian Bank Ltd : 1.50 Cr

₹3.25 crore

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2

The South India Bank Ltd

Modification

27 Sep 1999

₹1.75 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90297786 View DetailsThe South India Bank Ltd₹ 1.75 13 Jan 199927 Sep 1999- Open 17500000.0
90297763 View DetailsThe South Indian Bank Ltd₹ 1.50 15 Jun 1998-- Open 15000000.0
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Charge documents and asset details

The filed charge documents and the assets pledged under each charge are in the company report.

  • Assets and property pledged under each charge
  • Terms and conditions as filed
  • Filed charge documents where available

Verified entity values are shown only after access is granted.

A charge is a security interest a company creates over its assets in favour of a lender. An open charge is still outstanding; a satisfied charge has been repaid and closed with the Registrar. Under the Companies Act, 2013 every charge must be registered within thirty days of creation (Form CHG-1, or CHG-9 for debentures) and its satisfaction reported within thirty days of repayment (Form CHG-4). Amounts are as filed with the MCA.