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Kaizen Switchboard Systems Private Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Kaizen Switchboard Systems Private Limited has 2 charges registered with the Registrar of Companies: 1 open charge worth Rs 6.60 M and 1 satisfied charge worth Rs 1.00 Cr. The open charge is held by City Union Bank Ltd. The most recent charge was created on 01 Mar 2011 in favour of Indian Overseas Bank for Rs 1.00 Cr and is closed.

Charges Breakdown by Lending Institutions

  • City Union Bank Ltd : 0.66 Cr

₹0.66 crore

₹1.00 crore

2

Indian Overseas Bank

Satisfaction

24 May 2012

₹1.00 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10274272 View DetailsIndian Overseas Bank₹ 1.00 01 Mar 2011-24 May 2012 Satisfied 10000000.0
10170494 View DetailsCity Union Bank Ltd₹ 0.66 17 Jul 2009-- Open 6600000.0
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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.