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Indo Pacific Projects Limited loan details

Charges taken from banks & financial institutes

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Indo Pacific Projects Limited has 6 charges registered with the Registrar of Companies: 1 open charge worth Rs 26.30 Cr and 5 satisfied charges worth Rs 76.98 Cr. The open charge is held by Union Bank Of India. Lenders on record include Oriental Bank Of Commerce, Union Bank Of India, Oriental Bank Of Commerce`. The most recent charge was created on 17 Sep 2012 in favour of Union Bank Of India for Rs 26.30 Cr and is open. 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 Indo Pacific Projects 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.

Amount in (₹)

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 26.30 Cr

₹26.30 crore

₹76.98 crore

3

Oriental Bank Of Commerce

Satisfaction

04 Jan 2013

₹40.00 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10164377 View DetailsOriental Bank Of Commerce₹ 10.00 24 Jun 2009-04 Jan 2013 Satisfied 100000000.0
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