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Gallantic Machines Private Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Gallantic Machines Private Limited has 2 charges registered with the Registrar of Companies: 1 open charge worth Rs 4.43 M and 1 satisfied charge worth Rs 2.73 M. The open charge is held by Indian Overseas Bank. The most recent charge was created on 21 Mar 2017 in favour of Indian Overseas Bank for Rs 4.43 M and is open.

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.44 Cr

₹44.30 lakh

₹27.25 lakh

1

Indian Overseas Bank

Satisfaction

15 Mar 2018

₹27.25 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10363749 View DetailsIndian Overseas Bank₹ 27.25 07 Jun 2011-15 Mar 2018 Satisfied 2725000.0
100114026 View DetailsIndian Overseas Bank₹ 44.30 21 Mar 2017-- Open 4430000.0
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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

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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.