Hydro Tech Limited - Loans (Charges)

Hydro Tech Limited loan details

Hydro Tech Limited has 2 charges registered with the Registrar of Companies: 2 satisfied charges worth Rs 2.00 Cr. Lenders on record include Andhra Pradesh State Financial Corporation, A. P. State Financial Corporation. The most recent charge was created on 20 Sep 2010 in favour of A. P. State Financial Corporation for Rs 1.00 Cr and is closed. A charge is a security interest a company creates over its assets in favour of a lender; an open charge is still outstanding, while a satisfied charge has been repaid and closed with the Registrar. Amounts are as filed with the MCA.

Under the Companies Act, 2013 a company must register every charge on its property or assets with the Registrar of Companies within thirty days of creating it (Form CHG-1, or CHG-9 for debentures), and report its satisfaction within thirty days of repayment (Form CHG-4). The register of charges is public, so lenders, suppliers and investors can see which assets of Hydro Tech Limited are already pledged, to whom, and for how much. This page lists each charge with its holder, amount, status and the dates of creation, modification and satisfaction, along with the share of borrowing held by each lending institution.