Last Updated:

Formula Lubricants Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Formula Lubricants Limited has 2 charges registered with the Registrar of Companies: 2 open charges worth Rs 3.80 M. The largest open charges are held by The Saraswat Co- Op. Bank Ltd. and Union Bank Of India. The most recent charge was created on 13 Nov 1993 in favour of The Saraswat Co- Op. Bank Ltd. for Rs 2.00 M and is open.

Charges Breakdown by Lending Institutions

  • The Saraswat Co- Op. Bank Ltd. : 0.20 Cr
  • Union Bank Of India : 0.18 Cr

₹0.38 crore

-

2

The Saraswat Co- Op. Bank Ltd.

Creation

13 Nov 1993

₹0.20 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90387006 View DetailsThe Saraswat Co- Op. Bank Ltd.₹ 0.20 13 Nov 1993-- Open 2000000.0
90375555 View DetailsUnion Bank Of India₹ 0.18 04 Feb 1993-- Open 1800000.0
Premium access

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.