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Izen Formulations Private Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Izen Formulations Private Limited has 2 charges registered with the Registrar of Companies: 2 satisfied charges worth Rs 1.95 M. The most recent charge was created on 23 Jan 2008 in favour of Punjab National Bank for Rs 1.50 M and is closed.

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 0.20 Cr
-

₹19.50 lakh

1

Punjab National Bank

Satisfaction

02 Jun 2014

₹15.00 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10148235 View DetailsPunjab National Bank₹ 15.00 23 Jan 2008-02 Jun 2014 Satisfied 1500000.0
10051555 View DetailsPunjab National Bank₹ 4.50 29 Mar 2007-04 Sep 2008 Satisfied 450000.0
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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.